Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1860-07-11
s 6l,g4l 40


And carried to the Sinking Fund, 5000 90
Making that fund at present. $4,000 90
And leaving balance of 15,O0S AZ
Unapproprated in the Treasury.
The sum of twelve thousand dollars appropriated
to the Sinking Fund last year has not yet been in
vested; but arrangements have been made to pro-
cure that amount of State Bonds in August next
1t will be seen, that our bonded debt draws
to maturity, that the means are being provided to
meet it. Only forty-two thousand dollars yet re-
main to be raised, by the first of January, 1862.
Before that tire, the bridges new shops and other
buildings, now constituting large portion of our
expenses will be completed enabling US greatly to
curtail the annual outlay; and also to appropriate
increased amounts from the current income of the
company, to its extinction.
The Treasurer's Report is herewith submitted, to
which you are respectfully referred for a more de-
tailed statement of the financial condition of the
company.
The trains have continued 70 run with their usual
regularity. not having missed single connection at
Weldon in more than two years, and but very few
at Raleigh. We have had no accident TO injure
passenger The Halifax blew off her fire box in
December last, and was otherwise so injured as to
require thorough rebuilding. An addition of two
feet has been made to her boiler, to give her
more weight and make her a better steamer. 9th
er extensive improvements to her machinery have
been added to render her equal if not superb
or, to any engine on the road for passenger trains
She is now ready for the paint shop, and will soon
take her position on the track rendered almost en-
trely new. The other engines have been kept in
fair running order.
Two new passenger coaches have been built since
your last meeting, Of very durable and useful
character and one, the Harrison coach is undergo
ing repairs We have one other coach needing re-
pairs during the coming year; when that is done,
We Bill have ten passenger cars in excellent order,
nf ham A,,k Ill.
which will be sufficient to accommodate the travel
ing public for some time to come.
We have now, five mail and baggage cars in
good running order-one of which, As feet in length
has been built since your last meeting; and we
have also built eight fats and repaired several
old ones during the year-rendering our stock of
flats not only ample, but large enough to meet any
service likely to be required of them. And orders
have been given to make no more of that class Of
cars, beyond the two now commenced
Our passenger coaches and fiat cars being now
ample, the whole force in the Carpenter Shop will
soon be employed in building house cars for freight
Three only of these have been built since last No
yember; others have been repaired SC as to keep
them in good serviceable condition.
For further information of the work done in the
shops, and of the material used and on hand, you
are referred to the report of the experienced and e
fcient Master Machinist herewith submitted
In the month of June, 1858, the entire recon-
struction of the road from Weldon to Raleigh was
completed Many Of the cross ties were small and
OF an inferior quality Most of these defective sills
nave been replaced at heavy cost to the COMPANY;
producing demand for ties, not easily met, during
the present high price for labor Sufficient numbers
have been procured however to keep the road in
good running order. Indeed it is believed to be
now In better condition than at any previous time
since its reconstruction.
One hundred and fifty tons of iron have recently
from
tract has been entered into with him for two hum
dred tons more to be delivered in September next.
AZ VA 90 per ton This, it is believed will be suf
mcient to replace the damaged rails and build all
the side tracks that may be needed for two or three
years. The old rails now upon the track have prov
60 70 Dc OF very superior quality but few yet be-
A strong ditching force has been constantly en-.
Pioyed upon the road, except during the most un
favorable season Of the winter, when they were en-
Pioyed IN grading the ground for the new shops
ana exeavating the land for additional tracks much
neeoea at Raleigh. As soon the Spring opened
TINS ioree was put to ditchng and crawling the
- osu. at winch they continued until recently,
"nen tney were sent to dig out the wooden culverts
YET remaining under heavy entertainments between
uaston and Weldon After completing this work.
ana there are but few of these culverts remaining
tney viii return to their regular duty upon the road
u Iae repairs to the bridges are not quite finished
6us Srloge over GRAB Tree, Neuse River and Cedar
Creek, have been finished and are much stronger
tnsnswhen first built. The bridge over Tar River
yet requires new stringers and new floor; when
'n9 eaipenters on these repairs can De discharged
IN tne month OF November last, it was found to
- impossible to continue operations on the new
SnoP 70 advantage. The force employed on 1t were
~sM about the first of that month, and the
vans covered over, in which condition they remain
=. unaa !ne middle of May The building is now
P.0gssslng as fast as the brick can be made which
naIs oee1 greatly retarded by the wet unfavorable
sPnng Is hoped that the walls will be finished
this summer, ready for the ROOF, the timbers for
which th are already on the ground, and paid for BY
We have built comfortable bouse far tho Aoo,.
a. Saston, and made extensive repairs upon the
Inc Warehouse at Huntsville has been rs-bn;,t
tn new sills, floor, weather boarding and roof an
nov ample for the business of that place.
Inc warehouses at Franklinton and Henderson,
70 repair; and new one to be built At w al
SOo; complete the accommatiOus Of our freishtiO,