The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1868-04-19


GREENvIILE AND ceLUMBIA RAILROAD COMPANY
,"s PRESIDENTS REPORT IS
TO the Stockholders Of the G7eenvAe Company
The Presidentand Directors respectfully their
annual report of the operations and condition Of the the
gear 1867 q = tei{s5 l-Ef3; 9f 81 s. IS ~.
The earnings of the year
No. A. >"''' '% aSfF = .5f5.x+.fsfE},.
From freehts :. . II. Il. =: g. 8 $162 sos SO
Passage and extra T90595 Is
approximate Government accounts 1858 40
Mails. 1855, 90
Total ... E: s2eg,7s7 Il
Current expenses, shown by Table No. 169973 80
Nett income " -. H. j.: " . Observation-Disclosures. $es8ls 81
This has been applied payment floating
debt contracted the restoration of the property of the Company
destroyed by the eshet of 1865 and the for the particulars
which reference made Table No. herewith which
shown how this amount has been appropriated
to the table, will be that the floating
materially reduced compared with the previous year.
entirely within the control of the Company-here remaining
few claims of considerable amount which the
the road applied to that purpose alone will entirely
gish The rolls for 1857 have been paid and the material
purchased including wood lumber supplies the shops
have nearly all been paid for leaving small balance
and material furnished previous to 1867.
The nett income for 1867 large may been
expected but must be remembered that have subjected
every conceivable misfortune sappontnenar greater
than has occurred before is at all likely again.
except Provdena which the working of the
road should be interrupted crop 1885, along line
road almost entire failure both of grain There
being comparatively little cotton other produce SELL
reduced the income from both transportation
This connection with the Strengthened condition which
country left at the close of the completely parazd
FRUSTRATED business of every kind AS indication of great
scarcity of provisions resulting from the unprecedented failure
the provision there sent the road during the year
20S655 bushels of and 047 hogshead of bacon
803 bushels of and 10 hogshes of bacon charitable
donations from other sections of the country and
road free of charge be added that
great destuon of provisions along the line Directors
reduced the tariff to ten per bshe for the
ne and in the proportion for intermediate stations
intention of contributing far possible towards the relief
the people There also large quantity of guano
fertilizers, sent the road at nominal CHARGE but this
believed has been amply remunerav i'll the increased production
OF the of 1867 resulting from its appGcatonut little
brought to market until after the LIST january does
not the tables of this That the
done in 1867 exceeds that of the previous
that during the 1867 the number of 1873
while for the previous 49, being
65426and that the gross income increased the pro-
portion accounted for in great measure the large
portion of the eghs were sent at
nominal rate and donations for which charge
Then the roadbed estles bridges rolling stock were in
such condition that they required large quantity timber
other material to put them such condition
and of sufficient capacity do the business was reasonably