Evening star. [volume] (Washington, D.C.) 1854-1972, 1863-11-28
THE EVENING STAR.
Annnal N citing Of the stockholders Of the
Baltim ere nd Ohie Railroad.

TH IL HVsEN tNlI MA X
--@ -. -. -, - - : .--..
80 = = . ~ - 10 = -
Annual Meeting Of the StsekheiderS Of the
Haltimere nd Ohie Rnlifsade
Ths annual meeting Of this stockholders OF
he Baltimore and Ohio RaiIfoad, was held on
0onoay nov, io.n asNae aaai VI uN oa.nosn
oepcs. Hon. j. r. Kennedy presided. J. "
GAxystt EsQ., president Of the road, after some
sxvlanasory remarks regarding the DELAY in
-;.n;, ~, ..,o, .ss....e ~, IN.
.~i-.l.l A.s $50. .n' ~, =, p4os - -
1hhy-hsa annual nspoT'' Osihs ioa s'o -
feel. The report recapitulates the dfmcu
he road had to contend with In 1861: ON &C:
.,,rt ~ .na p.sa,itcn ana that the President
80 49, rn,,na imnoseible to accom-
1a0 OLectoas, aUr ~ IN viow OF the con.
pn s ,ss roaSs and she circumstances at
nln0A on sne aoas.s' Sns;nes. Of the comnanv.
IeslyS w " ,..ii rnnH,n 10 rsnufra reca NTH.
ncn cu To r.oatr,one the aecustomed
1911, - - = =
SEsncr.I noss...;o~ UNA taken nv the Con.
s.Ssn.ss = enfcss an NAV oath. ls6l. OF moro than
- nnnd1sd niles of the Main stem embra-
an MAJ the region between the Point ar
ROCKS and Cumberland Occasional move
s;dersbIe destrnction on the roads between
S,nmherIand and wheeling, and Graftoa and
Ps-hershurr, during this fiscal year. -
The protection Of the Government, was no:
Enen the reconstructioN was pressed with
srest energy, and the road re-opened on the
IAN of that month, eF sz.-s' SO ~.
Vet under these extremely adverse circun-
sfances ths gross earnings OF the Main Stem
have been xS2l I! a25 20, show ing decrease OF
a71O,771.sl compared with the preceding year,
and OF s4O7, IS with the fiscal year OF 1852
The expenses Of Keeping the road and ma
~hinery in repair have amounted to Sl,3ei, O9i.
81, being 4313 per cent upon the earnings, ex-
hibiting an increase Of 2.l0 per cent compared
with the previous year, and 3 decrease Of aa5
per cent. compared with the hscal year OF 1850.
The balance Of cash In the treasury on the
Goth Of September, 1861, was 3O,s65.2a after
aeducting i6S,000 for payment OF interest on
The city loan and the bonds OF the conpaD
which mature on that date.
The uncollected earnings amounted to 1885,,
f76.2G, a large portion Of which was due from
The United States
After charging interest ana ground rents Tor
the twelve months, $685. 1900, and crediting
the dividends and the rent received Tor six
months rom the Wasningso ON brancn, the IN.
eTements OF Inc SINKING lunos, mousse rents paio
MO me ueas nry, tns ains.enes IN .ne amount
of materials on hand in the machinery depart
nept, and the earnings, less al expenses, the
net gam Is SHOWN TOT the nscai year OF $I,i1---
en.e1, being upwards OF n1 per cent. oI the
sapi.aI stSch.
After all the deductions, including the semi
animal dividans, paid October s7th. lsA i5 end End
Aprl 10Th. 1851, winch amounted to x6O, 7Si,
the profit and loss accountpresented a Surplus
OF 4,3t2,GI43. 49,.
VI the washington orancn road the earn
Ings for the year amounted 70 *43S,l3S.5S, ex.
hiolsing q decrease OF sai,74o IS compared
with the previous year.
the parrish expenditures charged were g. lS,-
1905, oeing Soe1tS@o ~ less than IN leto, winch
Psod1sed me net sum OF 81, '24S, and pre-
sented an increased comparative gam Of $751;
se6.A. ca -s, -ew- H1s~ g.-.a F.. -
The ratio OF expenses to earnings, for 1859,
was 392e, for 1850 S'.-; and for 1885,, 1867 per
sent -.-g.. ~.
A semi. annual dividend Of AZ per cent was
paid IN October, loGG, and the same In Aprii,
1851. g 7.1t ~-. ET3 ~
OF the expenditures upon the road charged
during that year, large sum was for the con-
sruetlon OF additional track and sidings, thus
adding 20 the permanent Improvement and IT,
shities OF the road $50. =. ....,-
It's satisfactory that under such serious in
Frrnphons, arrangement OF its business, and
he peculiar dimeuines TO which IT was sub
lected, the Washington Branch has realized
Ibis improved net result. oil M.
The earnings OF the North western Virginia
rosd We're ssl;Sgs oil greater than for the pre-
Vsoee year, whilst the expenses were increased
SlS, 335 ~ - -.