Evening star. [volume] (Washington, D.C.) 1854-1972, 1858-10-21

THE ORsNGE AND ALEXANDRIA RAILROAD
CoHPANT.-The morning session Of this company
was noted In the Alexandra letter to yesterdays
Star.
A Gsraoon Session
Inc Company assembled, pursuant to adjourn
ment, at the Lycenm Hail, 1T 4 O'Clock. w.
Shepherd, Of Nelson, In the chair. and J. II.
htld, Secretary. The committee proxies
ported maJOrity Of the stock represented, and
with
The report Of John q Barbour, President. states
that the revenue for the year ending with the
SUth Of September. amounts to the aggregate SUN
OF s2oe ,e9J y; and has been drawn from the fol-
loving sources Passengers, Sr,S 800 10, freight
SsO,627 66; mail, SIS 4s2 Of OF the receipts from
rely ht the sum Of 81 37i 50 was collected from
the Manassas Gap Railroad Company.
The working expenses Of the wear amount 10
rlb,SO2 yl-leaving as net revenue the snm of
Sl5I,e72 &c The gross receipts are less than the
year preceding by sli ,s52 So while the net Earn
lnSs eIceed last years SI7 ,sl5 I5 Reduction in
tne passenger receipts, consequent upon the sur
render or the great mail, and the withdrawal OF
the mig mt trains, was to have been expected But
the freight receipts have increased Last winter,
Tor the nrst season since the road has been in
operation, The Potomac was Obstncted by ice
since the new arrangement for through tic kets
(ifom LIST OF June laSt,) passenger business has
largely Increased, and now exceeds the receipts
OF any former period. III the present ratio of re-
ceiPts per month be maintained, it will be- easy
10 compute, by simple process OF arithmetic
the large increase Of revenue for next year The
net earnings of transportation exhibit u profit of
more than six per cent upon the cost OF the road
now In operation, and its equipment subject IN
tie usual deduction for the wear aud tear of the
load. "
The report notices the contract with n, w q
MOTIFS iof line OF telegraph in connection with
me road, and advsIts 10 the circumstances attend
Ing The surrender Of the contract for CARVING m.
great mail. In making this surrender a new
contract was entered into by which I'm lien n,
$50 per mile for the double daily tTansnortation
Of the mails, and allowance was granted of a sa
Per nile, Tor a single daily service with donbJe
20 anlnunt LOT sans service whenever the state
OF the Potomac requires the transfer of the mails
10 This road This surrender is now regretted a,
the new system Of through tickets with ii, soufh.
western roads went into full operation abou, the
Isl OF July, and has produced valuable addition
10 the receipts already although the company Is
not allowed Its fair proportion of the pyo T1to
Pa1d TO others With the completion to Lynch.
bu'gh, this difficulty will be obyjated and .
large part Of the fare received py otb,r rod,
read. WV O'a"s'
The report of Treasurer show, the following
Receipts from commencement. lis go .,
DisouIsehents. .....-...--.......... 5,0l5 6i6 Il
Receipts for the past fiscal veal. .sI. I65 a
's.'..''................ Liz, 36I 60
The existing indebtedness. of the Conn,nv m, +,
oe stated az SO ,6o3 81, to meet which the com.
peny have means, due and uncollscted a rortion
81 which is unavailable, amounting to sI3l 7a5
co Ihe W hole amount of money p. pended n,
tns Gord9nsyille line since DC. 1, 1857, is s25i :.
ioeR The entire funded debt Of the AIeYan.
dIIa Gordonsville portion Of the Toad l. ~ IsO
ooO The LYnchbuTg extension account .tands
as follows: Amount expended for the wear end
lhg SOth ult, is SSl2, 15o 81. Total expenditure
since the commencement. 81 sg7 : o as ms
ana applicable TO the extension S16g 3e9 IN
STOCK subscribed and loans made applicable IA
same, 81 ,l2O, SEA % Stock subscrihad for - -
The remainder Of Capital Stock on hand and
unsubscrbrd, is 81 1896 ,365 o.. ~ ""N
FROM the foregoing statement of the financial
CoDditlon OF tbs Company, 10 will he s,en m =,
the means and resources Of the company will he
ample TO meet the entire cost OF nnisbino tbe
work TO Lynchburg VIC
- Inc report of the chief engineer. t. C Atkin-
soh, states mat operations on the extension usre
suspended from Christmas, Is57, to AnTiI tst
IcOo. oiEce mat time the operations have been
PIoseGuted with renewed vigor The force en-
proved, as daily reported, on the 18th September
was 90 men, and 25i horses All The cIi,ic.i
JOBS are now In progress, except the yyork ~
Eyncnoufg III the expectation now entertained
OF the work near Charlottesville are correct and
the current month prove fdvorabI. weatheT ill.,
WORK OF relayiBg may be commenced NV tbs Ist
Oh November; and, with moderate weather NAV
% prosecuted 80 a. yet 10 rsa-b the ScottsvIIIs
FuTnPike by the middle of Spring Ths raii
may be joined, for the effective transpoTtatIon Of
passengers to Lynchburg, in about i've months
The General Superintendent. n w Wanda
gIlt' reports the total cost of construction and
new wo done by the company for the wear At
si y3'9 80. Repairs and maintenance OF road
PED, bridges, &c. s27 go ~, being II l. 10 cents
LOT each OF the l6l ,2J2 miles run on the road nv
the loco motives Of the two companies using IL
Inc ius used during the year for all the loco
motives, has amounted TO ), i2s = cords. costiDg
prepared for use, SI2, O74 ~ 'O''''s'
Numoe OF locomotive engines IL Number Of
cars; 10 passenger CARS; mail and baggage cars.
LIST class; mail and baggage cars III cfs... -
freight Cars, and ballast cars
Two new passenger cars have been pnrch,ssd
during the year ''' "
The expens : for working and maintaining the
IOaa I0T the year has been: "
nance OF road ...-......... S27 63S ~
4, 4, motive powell. 29,763 al
r,-., cars-...-......... 1880 %
SsI.r,ps 49, ehpthSes....-.: 1909 IS
'''.'......-..-......... 1850 62
Total ..... o,oc o., ~,