Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1868-03-07

year ending December 81, 1867, were
From Freighs, Sl,7s5 ,3l2 20
Passengers 65l,277 III
Express, 73l44 90
United S,atos Malls, 25,45O OIL
Sundry Sources, l30,S80 so
Total, sc,e76OS4 81
Earnings Of Wrightsville Branch, Si227 80
q Shamckin Division, 25O452 06
" Emra 500, ,l49 48
Chemung 1887 IS
Canandaigua ls04l6 ~
Showing gross receipts to be $500 1858 16
The operating expenses were 2,47S,7o9 As
Net revenue, sl,2l2I5s Il
Which has been applied to the pay
Interest on Funded Debt, SAB 1858 04
Dividends to Stockholders, 336,47t 90
Tax On Capital Stock and Dividends, 1929 rs
Rent of Leased Roads, 295,l43 %
Appropriations to Sinking Fund, $4,000 90
Total Payments, Sl,I93,72O CT
The track has been maintained In good condition;
additions have been made TO the capacity of the
road by increasing the sdings there has been cree.
ted a freight depot at Selinsgrove a freight and
passenger station has also been built at Liverpool
we have expended Si3752 9j in completing the
Dauphin bridge, and extensive trestles have been
erected at sunbuy for the transfer of coal from cars
on the Shamokin Branch to return cars for the Ell
mira Division. We intend to transport the coal
going north in box cars (Which would otherwise be
hauled back empty so far as they will meet the
demand This will enable US to transport the coal
at less cost than heretofore, and must be largely
advantageous to US in the future of this growing
trade.
Our business has grown rapidly within a short
space of time, and SO much expenditure has been
necessary perfect the track, extend sidings and
furnish equipment, that we have delayed as far as
we could The building of shops for the repair of
gines and cars. Additional shops have now become
.st.
BILE buildings for that purpose at Sunbury.
During this year we have added to the equipment
seven locomotives, two passenger cars, twenty mine
gondoas, thirty -four line cars and three hundred
and seventy coal cars, at cost Of S265 l34 A.
and we have already contracted to have delivered
in the early part of this year ten locomotives one
hundred stock cars, and five hundred coal cars.
The increase of the coal trade for the past year
over that Of the preceding year has been large.
The coal transported in 1857 amounted TO 453 9ie
tons. against 303 lS9 tons in lS66-an increase Of
l5O, ,73O tons Of this increase 40, 1856 tons
carried to Baltimore and lOl 564 tons to local sta
tions. The remaining increase of tonnage, amount
ing to Gal TONS has been mainly from points on
the line of the Elmira and Canandagua Divisions
and from points on the lakes.
We have been making every effort to increase the
tonnage and have done so, by reducing the rates OF
freight 10 the lowest point consistent with your in
terests If this policy meets with your approval,
shall continue It, feeling assured it is the best
possible policy to pursue to enhance the value Of
your property.
1t Is with pleasure that we refer 10 the 6delity
and zeal with which the officers and employees of
the Company have performed their various duties
We indebted to the General Superintendent
j. n. DuBarry the Master of Machinery, G. NJ
Lewis, and j. De Haven Road Master for the able
manner in which they have managed their depart
mens and to their skill and industry IN to be at
tribued, to great extent the successful results Of
the operations Of the road during the past year.
By order Of the Board.
j. d. CAMERON, President.
On motion, the meeting proceeded TO the election
of twelve Directors for the ensuing year OF the
81 All shares entitled, there were voted So 900, the
following gentlemen being almost unanimously elsc-
| tod u. d. Cameron and William Colder, OF Har
risburg; Amos E. Kapp, Of Northumberland Henry
| Welsh, of York John A. Wright, of Lewistown
George Small, BENZ, F. Newcomer and Samuel NJ.
Shoemaker, OF Baltimore Edward G. Biddle, John
| M. Kennedy Jacob p. Jones and Wistar Morris, Of
| Philadelphia. The meeting then adjourned.
subsequently the newly elected Directors met
| and unanimously reelected j. d. Cameron, ESQ
as Pr sident, and Robert S Hollins Esq, Seore-
tary Thomas A. Scott, Esq, of Philadelphia, was
] chosen as Director, in the place OF Mr.. Cameron
| elected President.