The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-04-02

No. bales cotton local trans
ported. 51570O 4,61soo
No. bbls. naval stores trans
ported. ACKNOWLEDGEMENTS. AO72C0 22,0SoO0
ported. 2s6, 100000 1896. 10000
Cost OF maintaining railroad .
bower. er......'.....'........ 57s1s.1s o6,Ol2.72
Cost OF maintaining caIs..... o0,9l257 45,3I95O
Cost OF conducting transpor-
Cost Of general e1penses..... 14,31752 16. 764 go
Total operating expenses. 173,65582 2ol,OSoO4
trains. o' 16e,ooooo 154, 10000
Average ex. per mile run..... 1.04.00 1.620o
Average receipts per mile run. l66Oo 2ooVO
This summary embraces all the important and in
terestng facts connected with the past years opera
tons of the road, and comparing them, as it does,
with those of the preceding year. supplies the data
upon which to base an intelligent opinion of the
management of the company's affairs.
ROAD.
]. Is with much satisfaction that report the supe-
rior condition of ths roadway. The rails are gener-
ally well preserved, and free from serious wear
new cross.ties hay, been literally used, and the Ia
bors of ditching gang, which has been employed
during the year in widening cuts, embnnkments and
(utcnes, given W tiio o4A
usual stability and smoothness of surface.
This improved condition of the road will have the
good effect Of Diminishing the cost OF its maintain
ance for the coming year, while, at the same hme 1t
will contribute in great measure towards lessenng
tho usual wear AID tear upon the machinery and
cars, and secures to its whole business operations
increased safety anil regularity Bat little has been
done during the yelr towards filing trestes for the
reason that the income of the road did not justify its
continuance. Should opportunities occur in the fu-
ture by which this work can be resumed, they will
be applied to that end. and every effort used to fur
ther its accomplishment. Tie bridges and trestles
have been mostly rebuilt within the past two years,
and hence in coed repair The abors OF the COM
ing year will be confined chiefly to maintaining them
In their present safn condition. Among the materia7
improvements efecSed in this department during the
past year. have been tue building Of new bridge
across Lynches' Creek and the rebuilding Of the two
miles Of trestle through the Sant,e Swamp, on the
south of the river.
MOTIVE POWER.
The machinery Of the road has been greatly i'm
proved, and, in point Of efficiency, Is superior to
what 1t has been at any period within the past FIVE
years. OF the twelve engines belonging to the COM
pany eleven are in good order, and only one the
email gravel engne-reported merely in running
order. None laid up for repairs. This improve
ment Is not due simply to ordinary repairs, for,
since the close Of the war, five engines have be0n
thoroughly rebuilt, while, at the same tme the cur.
rent wear of the others have to the usual extent,
been provided against, and the power of the whole,
as near as practicable, been retained. The engine
'Echo." embraced In the number reported as re-
built Is an entirely new machine, including even
the boiler. Her cost $50 OO0l has been classed
current expense for the that she supplies the
place of the engine 'Kingstree," previously con-
demned and destroyed.
CARS.
We have added ten new platform, and two new
mail and express cars to the stock reported last year.
and have condemned none. This addition has been
effected in our shops, by tie force employed Tor
ordinary repairs, and their cost been charged as
current expense. Our passenger cars do not present
the most desirable appearance, but tley have been
kept safe, sound and comfortable. They will here
after receive such improvements as the means Of the
company may authorize. The stock of freight cars
are in fair order and in number quite ample 10 meet
tie prospective demands of the road
TRANSPORTATION.
The operations OF the transportation department
offers 10 unusual subject for comment. The trains
have been run with great regularity, the passenger
trains with few exceptions. having met their con.
nections promptly, and the freight trains performed
their duties satisfa toriy and both escaped the oc
currtnce OF any accident worthy Of note. The re-
gu rements Of the patrons OF the road have been
swered with alacrity, and all reasonable applications
for concessions to their interests been responded to-
Our depots and wood and water station arrange
ments have been overhauled, and may for the pres.
ent be considered complete.
The officers and employees Of the company have
shown their accustomed zeal and interest in Its well
fare and merit Therefor appreciauve recognition
Respectfully submitted,
S. 6 soLoMUNs, Superinten !ent.
On motion made, it was
Resoced, That committee be appointed to
verify proxies and conduct the elections for Off
GERS for the ensuing year.
Resored, That lie reports OF the officers be
printed and distributed among the stockhold-
ers.
The committee appointed to verify proxies
and manage the election, then reported the
following result:
PRESIDENT:
A. F. RAVENEL.
DIRECTORS:
| Hon. c. Macbeth, Daniel Ravenel, L. D. Mowry,
| J. r. Dukes A. Macfarlan, D. L. Mckay.
On motion made,
ResolUed That the Board of Directors be-,
and are hereby authorized to take such steps
| as in their Judgment may seem best, to arrange
for the payment Or refunding of the bonds OF
this company, falling due on first September
next.
On motion, it was
Resoloed That the thanks of this meeting
be rendered to his Honor tho Mayor for lis
courteous discharge of his duties as Chairman,
and also to the officers of the Planters and
Mechanics Bank, for the use Of their hall on
this occasion.
Adjourned. C. WILLIN1AN, Secretary.
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