The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1861-01-09


ssh. The annual interest payable to them is
reduced by So, 600. NA e.
Z fth. The Company have nntrammeled, tine
nett earsings Of the Boad to make substantial
Improvements. add to its equipments and com
pls.e its connections with other Roads all Of
winch will very materially add to its efficiency
sad BUSINESS.
After that we may fairly estimate that the
annual repairs and expenses VIII be very ma
terrially diminished. We may also estimate
that the amount OF business will be largely in
creased without a corresponding increase Of the
expense -lass.-r7sss-s.s.rs-sl. .-z,-z=s==-s-
A competent and experienced master of Rail-
road business has estimated that with theseirn-
prossmentsp the earnings Of 1853, may be esti-
mated at S69so0o, with a reasonable prospect
.ofan annual increase OF ten per cent thereafter.
That the expenses for 1863 may besestimated
"a, $4,000, and that the annual increase of
expenses will not exceed. five per cent on the
sane basis This is. reasonable estimate.
The current expense consist, lst Ofthe pay OF
located officers and employees. I'd Repairs and
taxes of the Road--these are four & tbs Of the
whole expense and are very little affected by
the amount OF business done. ,55 ssuil
Sd. The running expenses. Now it costs
Just about as much to runa freight engine with
one loaded carattacbed as with ,twenysif the
engine can haul them; and as speed is regulated
with reference to other trains, itrequires the
same time. The same principle applies 10 pas
senger trains. The expense is essentially in
creased only when an increased pumber of dali
ly trains is required. Then thelincreased ex-
peisse consists Of the increased aumber Of hands
on the rolling stock the interest on the cost Of
the additional. amount required, and the repairs
of the rolling stock These will he enhanced
bv the amount earned. but notin equal proper
ton. How will it look in fgures2l ai s9as
1863--Gross earnings, y rs - $693,000a (
sa - Expense, : - ,--,-sa s443.OOO, +
a@ 's Nett earnings, -- S25ooo0~ I
Annual interest paid, = S.'rS 2l00O0 (
ana spag ID aa Gg.,f' Gssga' has ----------s
| Remains, s-5-u $4,000 I.
| to distribute IN nlv,uehuS 10 tne otockholoeTs,
| or to reduce the debt, portions o' which VIII
always he IN the market" for too4 u should
stand;-- = pg o. gt9a} W 2aa .a@sges
Gross earnings. -, g,s- "a, s.. S762 300
Enxpeses, {....-.-.-.,-- 465, $50
a,s a. Nett, ~ S29f l5o /
Animal interest, - 2saa-#I II zlootoa
vail7.. 7rz. e. ! :, q. * q VA
| r p,,;1o for Ctock holders cS7 15O
Yon VII say this IS lsextrfvagant aud cannot
he reahz"d. may ne So hut 70 such | VIII
say consult 'he past, " tat mas neeh 'he ratio
Eot increase ~ wealth IN Vn'" 10 'he ,aSt or'y
wears; Has It not doubled more more man olr
lines, pua suppose ~ % Wv ''si' o' 10 Se'
the eca ntner p S'ae, , m .,,.. - a., 20 ooo o,o -.
cry dollar OF which Is over due, and large ar
rear oflnteres' !. unpaid, pnle.s something IS IS
d',hc ah'' .,'4' ''s"t Npsa"y anu
sale npo'' 'ne nnnpnn l"' SSFs s; my w.
can c"mne.e WIN 'ne nlor'gages , " 'he ma KEY
70 them IL matters noC "netHer ,ney ony 'p', 'or
do'lar' or ,he ,n'l amount o' 'ue'' mortgages
i ihey get the noa" ana a''appof.enan'eS, as
engines, cars %c ana " n ~ as sha' ease 'hey
ever VIII gel ~ !ha' ca>e now sang we gen
cry o ''s'E IT, ~
n''aefs: net nnse w., ,:,I ~
&c. ~, ''.e o'o, A'' 80 :r;,",.n, III - a.
o'a'sa.'on, 'o' d., ",a ana pa,,pJ ~
peGtYe !, ,,hI; G w, r.. =
aa,ht'u a,,hpus" :. ,'o asy =,
vest men, "' ,..a"' 90 se"s,a, p'op,
e<'''o" "1"y !" "' nd,n,I, Az, p"n ~.
Nv Iii - ,h;s i ~ H. ~.
omt WY IT. "nf'nP hn's !, y pHo,
one Q, mn pi, ,'.Y' "a, l'9 ~ ~ -
p"r. "n az 'ne IVA, n"ad ,arnnasoS', - g., -,
Tsmes % Gathr;e = Slcrs'ars of Tres4sry in 1886
I'N'., 80 1917 ,e,o.I ,oo,',.n, ,,'a
lfls the .ateSt genera oilica' uoen'nent Oh 'he
se9)ecl ! hayez = ..a: l. L. q, :,
,os 80 t"e e'SSS 'N0S'f'Fs ~ So, ZOO eoe
,at ioo'' a., laI ~ sss" SS55'1oS '1C1 os, 90,
FxpsHses u w'fA'ns' usT S1rfe f0'''4'0ol
~ ~ ~. zoos 80 I'D o.
sTeL ~ "n ,ha ,lroaSs Il ,as Il 1,h;o ~,
~ any Wy y ''' I'd ao7 Coz
:, n'"33ssieso'ps, as"71atT rs7e ono'. Q Z,
hspehse' VI o't"po'tt"'Ps','1F Fh'5'af i1o'So''ef'
~ q ,a.,,9s 9ai eooI7 ~
@5Nett pron's}h '''e agg'esa.e Do - .o4 q,
asN a.iE e an ns.'.st,o'",ns
N .,s ~ IA ~ \, r,,o,,,r.S co,,,,la,ad MI
oeo,nv a nos;s;on Il G.r;or ~ anv Rad oi Tho
SAM length in the Stale2 1t is ~ queSiipnablJ
on the shortest route be ween the great cities .
M p. Lon'S ah! oe'eI"a XII;
h 49, ~ can,ra and pb;ladslub,a sw
York ami. Boston, in the East. .s@,'g.,,, & .s4
Its general po ,iupppi--77two degrees south q
y only lofniaape r'yrls, whl gps9' = l1flas!
a. active active 'F '4