Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1858-01-09
II E p o IT..
Cattawissa, Williamsport, and
Erie Railroad Company.

ayers Of the Catawssa, Williamsport, and
Erie Railroad Company, held at their Of
fee, No. Alt Walnut street, Philadelphia,
on the 2oth of December, 1857, the animal
report of the president and managers was
read, and, on motion CT Mr.. +. NJ. Davis,
seconded by Mr.. D. Solomon, it was unani
uously adopted, and the secretary directed
to publish the same, for the information of
the stock and bondholders Of the company"
From the minutes.
JOSEPH r. PAXTON, Secretary.
REPoRT
At the annual meeting of the stockhol-
ders of the Catawissa, Williamsport and
Erie Railroad Company, held May 4th,
1857, it was resolved TO change the fiscal
year Of the company so as to correspond
with the report published in October lS56
he accounts were accordingly wri ten
up to the lst of September of the present
year, and the result would ere this have
been presented to the stock ard bond hol.
ders, had not The absorbing demands of the
late financial crisis imposed upon the time
and energies of the officers and managers
of the company intcrferred with the earlier
preparation Of their report.
The business Of the year shows very
large increase over the previous twelve
months, in the freight department, amount
ing to thrty.six thousand five hundred
tons, at a profit to the company of over
ffty-thrce thousand dollars.
The passenger travel has also consider
ably increased, showing a surplus of eight
thousand three hundred dollars over last
year, Notwithstanding the universal dimi.
mutton in this department among tie rail-
roads OF the country in 1857.
The miscellaneous earnings have exceed
ed by nine thousand five hundred dollars
those of the last year; the receipts from
Howard's Express Company having added
to this classification Of revenue, The con"
tract with the Government for mail trans
portation has been also doubled, producing
an additional revenue of S7,65l az.
The total increase in the receipts from
all sources amounts to some seventy-fv
thousand dollars over the corresponding
y period of the previous year.
a Appended to this report viii be found
an interesting statement of the comparative
d business Of the road for the past two years
y showing the character and classification
l. of its tonnage, and detailing its various
q sources of revenue"
J. By this it will be seen that in tho singh
: article of railroad iron, there has been al
u increase from 10000 tons to over 2s,OOI
d and in lumber from 22,s7l to 43,l3l tons
j. which, in fact, constitute the principal in
's crease on the total business Of the year.
u The lumber is produced in large quan
t titles at Williamsport and its neighborhood
and is forwarded to the Philadelphia mar
10 ket, as we'll as to those of Pottsville, Read
4HS duu olucI tONuS Vu tnC iOutC.
The iron has moved almost exclusve
northward towards Elmira, for the vas
consumption of the railroads in New Yor
81 State, and the northwest, and is maiul
G. the product of the large relling mills o
g Danville and Phepixville.
g. Both of these branches Of bu1iness wi
u continue to be of increasing Importance
r the road in their present channels, and wit
10 the facilities which will be afforded by th
w Quakake railrod in the ensuing year, {
nc reaching directly the unlimited markets (
Us New York and the east, it is estimated b
y, the dealers that their shipments will |
as more than doubled.
N A reference to the passenger table wi
aa show that Oh, $50 passengers were carrie
OF over the road the past year previous, at a
average charge of 2,75 cents per mile.
n 1t is most gratifying fact that no pa
IN seugcr has ever suffered, either in life
ne limb, by accident on this road, and durir
ng the past twelve months there has. been i
IL mishap of any moment to record.
- There are also annexed tabular abstrac
ld of the financial accounts Of the compan
to and of the earnings and disbursements
wv the year.
I'd
b Ris IL % aPCST that the total receipt" Of
:. OF whichamOunt ther paid 10 con-
d. meeting roads (half receipts on those
n roads elsiI
tha Leaving the CGtawissn road, proper, S2g7 ig7
n, The total expenses for the year, including
hS lhe cost of working the connecting roads u.
of were l69 GG9
lal Leaving the net income. slO7 s3s
ms ,,.
The interest paid on account Of the fu
rv. ded and floating debt of the company, {
ed the year, has been as follows;
-The statements Ind tables referred TO, viii be
. tachcd to tho pamphlel edition Of the RenOT,,