The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1861-01-19
Phil. VIII. & BAIT. Il. R.,-AnnuaI
RepOrt.

Report.
The Annual Stockholders Meeting of this
Company was held, on Monday last, in Will
mington. We condensc from the Presidents
Annual Report the following brief abstract
Earnings for the year ending Oct 81. 1860.
from passengers. 1881 30j.7l: from hcipht
and express, S3lT sos 81 !; from rents, sis.
100 %: from mails and miscellaneous, S46,-
|Gll.11: total 81 30 59S SIS; to which is to be
added earnings of N,w Castle and French.
town road,-S25, 909.39, making in all
s 23G 597 Oh
Total expenditures and losses for the year
S7G4 SS5.I5, leaving net earnings SILL
ll2.i9, $364 900, of which have been paid as
6 per cent. dividends to Stockholders, leav-
ing n surplus Of SlO7 ,7l2.l9 The appro.
priations to the Sinking fund reduce this lat
ter sum to S74, 1913 Sc, as the actual surplus
over all expenditures, interests, dividends,
losses and appropriations. The items of new
work and improvements amount TO $l0l ,G33.-
SO. Number If miles run by passenger
trains during the year 2lS,G17; cost per
mile for same trains $l.29; profit per mile
&234. For freight trains the cost per mile
was 81 81 profit $3.50.
Daring the year there has been rclaid
II l5.lOO miles of track, in rclayng which
800 tons OF new iron have been used, and
there were used III rclayug and repairs so jS3
new cross ties. They have adopted new
rail, weighing 81 pounds per yard. This
rail is made Of all rcworkcd and refined iron.
The top bar in the pile is Of the hardest and
dcnsest iron, and is inches by . inches, or
OF u size sufficient to form the whole head of
the rail when rolled out. The neck and web
Of The rail are tibrous. The height of the
rail is 81 inches. and the width Of the hange
the same as the height Of the iai
The height sccnlcs vertical strength and
stiffness, and the width OF Aangc resistance
against lateral pressure. For this improved
rail they pay an extra price Of IS per ton,
and from present appearances Of its wear, it
will prove profitable investment. They
still adhere to their opinion that good quality
OF iron is better attained by the adoption Of
a light than heavy rail, both from ex2crl.
ence and observation, and for the reasons eX.
pressed III the former reports.
The whole cost of accidents to machinery
and track for the year was only ITO 81
la reference TO the use Of coal as fuel for
| locomotives. the President, Mr. Felton,,
| speaks III the highest terms. Eight coal.
burning engines were IN use, and the average
cost OF coal for each mile run was six cents,
and the average cost for running wood burners
was fourteen cents per mile. The amount of
of tonnage on the p. W. and B. and Delaware
roads during the year is as follows: On the
p. W. i. railroad !97 59l,G9l tons; on the
Delaware IS 2l9 ,455 tons The amount of
lime carried on the p. w. and B. railroad
was ZIG, 4lG bushels, 80 800 lbs. On Del.
aware railroad ~ - bushels. % 720 OlO
lbs. Total lCh,523 bushels, 81 OIL $40 lbs
The amount OF milk carried on the phila.
delphia, Wilmington and Baltimore railroad
was 9lG 80 gallons.
Smqmhonn" Ferry. This ferry is now bet
ter prepared for large business than ever
before. The boat, as before remarked. has
been thoroughly repaired. and is now better
able t. contend with the ice than when it
was new. We are about putting into cxecu.
ton Ian for running the same locomotive
through to Baltimore, by crossing on the
deck of the boat at the ferry, and we are
thini ing seriously Of running passengers
through without change of cars at the river
which VIII be the best accommodation we
can devise till our bridge is completed
Fort Dep1SH Branch This branch re.
inalns the same as last year, with the excep-
ton that the very vexatous lard damage
Case has been settled and paid. In the pres
cnt hard times We do not think it advisable
to go any further with the work As soon as
business again reyivcs we would advise its
completion.