The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-12-12

Rsch1nog0 ard DonViHe RGi}roQd Com
ganq,~-'ihe stockholders of this company held
their annual meeting yesterday. at Metropo!l-
tan Hall, 10 this city--Mr Barksdale, % Hall
fax, presiding. The ANIMAL report of tha Pre-
sident OF the company Lewis T.. Harvie, ESD
a synopsis of which we appendi was read
after which the meeting adjourned until +
VI.
The eYtire income OF The road for the year
end" Srpt. 3pth, l.6l, amounted 20 ga,
e59. az, OF which the sum OF &3@s.26S rs was re-
ceiyed from the ordinary earnings OF the road
and $50, 100 81 for trans portttlon ~ u traFe on
account of the State OF Virginia and the Con
f.dprale States This PYhbita decrease 81
sll3 4i+. 90 on the receipts OF the previous
year. i he falling i Is attributed to the con
dition of the c"nn'ry, gro" ing out OF the Wal
and the blockade OF our ports, which mae lei
but little to transport, the bulk OF the crops
having been withheld from market owing &c
the low price OF produce; and TO the low "a =
of 'ravel aud traL spor III ion on account oi
the Govern gent /. The nett earnings OF the
road for the wear ending the jCth SrD EN- / er
1851 amounts 10 Sc: a,2.6H, being Sc - per
cent Of Tie gICss Iecsipis, aud The working
- pei So. 925", So -, MAILING = % per cent
o. The gross zee ipts- The variation Ia the
nstt earnings OF The ro4d ter the two paei
years is due, IN great degree, TO the fact thai
one teuth OF The entire work Ct the past fiscal
year, w perform ID ct half the usual rat-e
Of charge on account OF the Government III
the prosecute Of the war. Al The usu j
rates of charge ON the same trGDelOrtalion
and travel, the nett earnings would hays
been higher per cent. Oil the business OF thu
road than the previous year. Moreover
large items of eXpenC iture, heretofore Gre
dIted 70 construction account, have in this
years report been placed TO account of run
ming expenses.
The euure floating debt az the Company has
been discharged, and 81 the close OF The 1isc.
year the funds IN hano amounted 10 S4l, "a -
Since the LIST day OF October, this amou"t has
been increased, by the earnings OF the roid H.
October ana Novem Der, MAXI, z g. total On the
lst December of about *T5 !5Z 81.
The report gives 2 favorable view Of tEE
condition Of the road, hull. Jugs, ana rQl,inG
stock. Most of the road is Row provided
with heavy rail. Many OF the cars have
transported cannon 70 New Orleans, M.
bile savannah. and Columbus. "If SONS
iucon venience has been exp-riencFd by tht
stockh oiders On the lire or the sro9d by tht
unusual press of business, in the prong
trapsp )rtatien of their products, they mu>1
be gratitied TO learn that the benefits wer.
| received ny the forces in The field
An allusion is made 10 the tender OF all The
operations ana machinery in the workshops
/, the State and Confederate Governments
for the manufacture Of gun carriages anC
other implements connected with that arm
of service; and 81 no profit; aud withou
detriment TO The int6reS s OF the COMPANY
they have completed thirty five gun car.
re ses ami other valuable work.
Il - q matter OF great regret says the re-
port that toe conuitiOn OF the coUn Try, and
the cot sequeut arrangement Of ina;: Cial AZ
ftlrs, have tor The present arrested the conn
pletion OF the Roanoke Valley tx ensiOn
which WAS in process Of construction, ana
also have postponed Tor the present the West.
] eru Extension OF the Richmond and Dan vile
Railroad. 1t Is confidently believed thai
with the restoration OF peace, both or tn ese
valuable enterprises will be prosecuted tC
completion
In conclusion, the report cOmldends TO tbs
a of The atopkh pEinrS The SuhIaPf n :
connection of the Richmond and Danvilit
kailroad with the North Carolina kailro ID
al erted 10 III the recent message Of Presi
den Davis.
The stockholders re-assembled last night
and continued in session t. late hour,