The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1860-11-23
LOCAL NJ MATTERs.

III al report of the Board of Directors was dis
tributed, from which we gather the following
facts
RsUeaus and Frssasss.
me sloss receIets fer the hscai year ending S0th
Expenses of administration. .......----- IA 95t D
Construction and equipment of The road, up 10
the present time am"u Is 10 S. F9 2s6 a.
Ihe net revenue glves s6-lUJ per cent. on the
cost of the road and equi sn ents
The road IS lT5 mi es IN length taking out the
~ ~ So '''"S' 00''' ''''"'i"S esui '"'"' ''0'
The gross receipts per mile of road are, incud-
lug 5lue Ridge railrosd s3,25i o. The net re-
ceIpts par mile are 8 SAL IS
The current expenses of administrator con-
sumo 43S S6 per cen of gross receipts.
The net revenue has been applied TO the pnv-
yestlnent IN the sinking fund, NC. &C, VIZ;
interest paid 70
To the Commonwealth ga per cent IN
March and September. ......S "a 92G
To the city of Rlchmcnd. -. Is 90 %
TO the county of GIeentrier.. 2 500
% %To the The county Of MonIoe",. ?sc9.o
10 10 the COUNTY OF Augusta;...- 1000 TO
10 lrdivlcual stockholders,
--S,63 3e4 IS
70 the SINKING fund -. ....., .-.:- Is O0J ~
Tie ba ance has be en- disposed of N the
payment of tolls due the State for the
use OF the Blue Ridge Railroad. for
of the Blue Ridge Road under con-
tractw tn the Board of Pubic Works,
and the purchase OF sun6r bonds is
sued to contractors, ana for dividends 81, ,5y7 C5
sas9 l2o 2l
GeRsral Summary.
Total of sToss recipe. ......... S63ttS3 81
neduct expenses oi general
administrht tOn......... g.. S2I4 954 10
Tolls 70 the Commonwealth
Cor the nae oftne Blue Ridse
kailr'", as required by law % 006 OF
Interest account. sl s97 70
Sinking funk. k..,............-. 90 go %
Dividend deciar'd wi hin the
year ending 3Jth Sept. 1850, j56 56j As
It will be observed that the gross recelu ara
not as large this ear as ths last and consequently
the net revenn- is also somewhat leos. Th, gross
net revenue 123 557 - less The loss has occurred
entirel in the psssenser fare. watch ought rea
soaeby to have been ex pected, Gu'ing the year
previous we were carr ing lrge travel that was
for thls cnmpany. but only temp aTaT1 . and
must naturally have been transferred To the
oranss sto ana hIe1snn'a .ompaGy as soon Is its
finished. which Was done earF | st winter On
the ntr ny. it is YER encouraging fact that the
revenue from freight has increased. although he
cropot wheat was very short one.
In the last report the stnckkp ders were re-
minded hat not more than 81 coo of net eyenus
WAS expected until the year 1904 at when time the
Eov!n5toa and OHIO Road was assumed 70 be fl-
revsnae of $4,000 az the preaent time ls suff-
cient 10 eaaole the board TO meet all expenses
de Is of the Company by a sinking fund, tae op.
eratI1ns of this yea, Tesu ing In net fevenue OF
Whole D.bt Of the Company as Compared with
Last Year.
Ronds secured hy MORTGAGE, viz:
Due IN 1872 and 50 S293 900 90
pebt the Commonwealth on aocount
of loan AUTHORIZED by the legislature. 80 0OU co
Bonds ,gss l>sued Tor .lVidends payable IN
Fioatne debt, consisting of bonds. &c W
&C after Geducrng deb:s due 10 the
Company. anu cash on hand 30th sep
temoer, 1863. 80 92a 4s
Tn:al llabl itios of all kinds. after de-
ductns debts oue 10 the company,
and cash OF an Slth September 1850 53l 52I 48
Iot&l last ear IL 523 95l Sc
Coringt0n end Ohlo kOad
The app TopTlatIons ma . by Inc Legislature TO
TINS woIh n tue BEGINNING were wh,ll. cIspruyor
tohate To The es Innate "a ST and iJs vast ITpor-
ian"e u the VIII .ie G.'mnon@saLth 81 90 go,
e:00,000 and oU00J0 were the II ree several Gums
successvey ven to tat dtsrelf times; but al hs
/ .st session The "eneFai Asse hD'y seemed o Ds
Convinced THAI an un Wis. delas mad bssn pTso-
uced, and approprl ared S1,oUO 0O, tnIs approprla
rrl"n oe'ng more than tHs sssIe ate of the ihr;e
| hrst, and maAlnS Ii al the sam of 81 Sc0,OO0.
HIS amount will be e, pended over consIdera-
be ex snJ OF tle line, b't wet ana east If the
AHeshaHy Mountain II Will com lee I'll I'll
cult work III crossing that mo1 n and carry 1t
1bs road, 1t is bel.eved, viii be comp ple:ed and
| in operation 10 he "hlte sulphur SOr.nss IN
little more thfn Is months fro this tlms-that is
uy the LIST OF June l5j asd IN view Of IA smuu Z
| Cfwork whlon wit have been g. complIshed bJ the
expenditure OF "a oUU uoO, an doubt which may
heretofore have existed g, to the dete pros
| eoutiur OF the wJIk must be eatIrely removed
| Hay Tad
! Although we have In Virginia large extent of
land well ADAPTED To tie pr.GucI In OF this most
lmPUrtaEt article, YET until fect ntly we have,
10 too many lhln s, been most WHOLLY dep nde At
on ths North for the spppl Of our cltles. The
! Fingemt n no~ IN tds for It's tr transportation IN
| TIE supply OF cars f. us special a3cummo modato
| sre deemed sufficient; several vry coumodIoua
| cars have been huIlt Tor tBa: purpose dunng Inc
| past year and more Wild ba az Ihe Lecessity nay
| Os indicated
| Owing TO the absence OF the State Proxies, a
| motion was made and carried To adjourn until
| 10 O'Clock this morning.