The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-11-23
R.l,imore and Ohio Railroad


The annual meeting of the stockhold-
ers of the Baltimore and Ohio railroad
was held at the office OF the company at
Camden station last Monday. Owing to
the unsettled state OF affairs and the pc
culiar mis(Ortunes that befell the road
during the war, no report ofthe accounts
and condition Of the company had been
made since 1869, but at the meeting last
Monday q report was presented setting
forth the operations of the road during
the fiscal year ending September 30th,
1863 from which we coudense the fol
lowing;
Extensive portions of the main stem
and the ParkersbuTg branch were IN the
possession of the Confederate armies at
different periods, amounting in the az
gregate to nearly halt OF the year.-
Twenty-six bridges were destroyed and
npwards of forty-fve miles of the track
was torn up Many OF the buildings
along the line were burned and the tele-
graph line was destroyed about ninety
two miles. Two engines and forty-four
cars, i'll addition to large number of
truck and hand cars, wero likewise de
stroyed by the rebels At the opening of
the Gettysburg campaign the Coufcder-
ates had possession OF fully one hundred
and sixty miles of the road In addition
to these difficulties and losses, the fresh
cts along the line were unusually fire.
quent and destructive.
After each invasion, regardless Of the
magnitude Of the destructi VI and its los
ses, the Company continued to act with
vigor and Tapidity. III restoring to use
any part Of the road upon which military
protection could he obtained Thus ev-
cry mile of the road, east or west, hoWev-
er extensively damaged, was constantly
reconstructed and furnished for the ne
cessities and convenience of the public
whenever, COY cred or occupied by tn e
forces of the Government BY the I'M
Ainching pursuit of this policy, the re-
gions trayerSed by the line were aided.
supplied and protected to the greatest
practicable extent, the employees retain
ed in service, and the revenues OF the
Company materially enhanced
The earnings Of tho main stem during
the year 1863 were S6,5O9,945,O6, exceed
ing those of 1862, s2U25 OS6Os The
working expenses OF the year amounted
to S1,965, 847,4I, which is an increase of
S53S,641,5 SO over the expenses OF 1862;
showing an iucreasesof comparative net
profit Tor 1868 of 81, 459, 44450
During the fiscal year the sinking fund
1or the redemption of the city loan in
creased to So5996524, showing a gain Of
S41 ,oOO,o2. The investment for the re.
aemptionof the mortgage debts increas-
S2il ool,2l. Additional advances To 1he
h Northwestern Virginia Railroad Comps.
ny, after credltlng all earnings received
namely, tor payment ofintcrcst and foI
expenditures IN improving the condit;n,,
Of the road, amounted t. S2OgulO1I
During theyear the COMPANY Invested
in first mortgage bopdS OF the Central
Ohio Railroad Company S5,223, 932 s..
An agreement WIS also effected with that
company, IN accordance with which pas
sengers and freight passing over the
central Ohio road are To be directed eX-
eiusively over the Baltimore aud Ohio
Silroau So far as they can he controlled
-oy the oth"erS and agents of the Central
Ohio company.
"a Inc liabilities If the company were
reduced S669, "a during the year and
the balance Of cash in the treasury ON
the 3Oth Of September 1868. was S233
1851, after deducting Sl6l ,l46.25 for