, 1869-12-30
GRAhD TRUNK RAILWAY.
IiaIf-1cnElY Report OF Aho Directors
-knEOfnhlc Statement OF Affairs.

lniertut. Q, inc Grand Trunk Rsil ssy poppsuy !!
s aas tns soss 5.gyp IT, ua 'ae nos sn,
q j:ns issf. fs7t.esl tfota vs,sn = d,daeted -!
tSe.-:s par ceIt ~ III Is " in tne eorre.po1d.
hs.. !aAt earA a1uutuhe 10 c&at9 aao II r.
sss s 81 ~ 4aa ~
nsls' et, ea.o'ns n .ae sas-,s.f. G*lest Ffo9
From nj: WI. deanc.ed el7.s;s i2s po.sa1 sad
IN ~. Is.s, us dus 70 ~ postal bood ao,d:-.t
IL. .,tG uv Itnta Of leased Nae4, AID Esn,s99 f,r
Eie is >obte1t to the esa,ns OF .nc Bu1aso Cln-
pslJ. CpH pxt1uR the ge-n1ts Of tho n%!t y~+rk
MuEklL2 with tLe curtespondlnS period OF 1865.
f9s.s24.- The aEg1ega:e e1penses fof the hrf
3car, apart srnn rene Ta's, amounted 70 f*5s,9s9,
ss''s. lit = rse sse tast q
vas srtL: II cxtlx 14bor alone, Ia cleAitpa tae
lille t1Du4 tie sast eccahutAaon Of tl0F which
10 which The aDeorot1Ee and car depart pents
Ntic subjected IN IhtlE uastleB wltn tba elements
1a..l1ta tas stasne.t tass ttoa 1nsse - sartoas
| stens b4yasd tho Expenditure af orliaatJ
| winter. rE- eho~s'ortu. u the lat half scar
N otlunal pet tcnure Of Es,,.0o, out an estt
t a!et lies Of tfsblc Of cs'.0ou, Of which ci1.6n
os. II f9 a.; psD II e.
Noulu other~'te bare pe-n at1dtd 10 the res llts
actually shown Toe cot OF fac. IA. les. o.
Gi e.o ulthoarh there had been n increase OF la,.
sls l1aic mics ruu Toe UT rage recEInt4 treM
pAs.tI gerA 10 tbs mar year sese 6s 81 Pr head,
sKa t.i e 3d. AID 49, 81 per ton oi teelgh ae.!n-l
TIT SALE AnUuct ~ rne corresponding nAf Ut iast
| HtAr. The charge Tor Ieh.Eh~s nIounted 10
L1;.t:e, sEa,rs' spt.; caArs- III II. caiscsooud-
chafae III ihe nal scar u.s fl4 b,9 1os ertrs
se:snt Of sAta. The wclSht Of rAiis vat IS h. 70
tre gard. ara the tntnbet Of Hl'sa 2ctu dI rctA'd
| M fStt- TIE 1fa% On Amer can cufltaci FlA
| Est eal. aca:uAt Els ss3 ID The corresponding
| p.ua ol 1ess lts,..~xtet from taon ii II. re-
part rh4. toe e1pehtt1tars o7t OF rsseane "a -.
| Ltws IL IL JuLe, 1sfs, TO Jule, 1907 amounted
10 eoss s!s: std ior the loss On Auettca11 cur.
| zctt5 to f43S 3ee --...-
rulitLstt h.+ p!osed tnat mon Esila, ~ boz nAa.
utse,lre., .n nut rrauh she asEau of heavy nat.
&c AID 'M. wtrr. OF coarse, mora severely tI7e'l
III tnr orsHfru ci'aate. all tie iru-k l'Ees v=fs
low 1rrt<lrG tue nrasle+t Mofkei portions Of
1htlt Ioaus !n hi sas iiEr sesl ra'ia. h2stHc fl6
ts.t u. ottt too rails At a!nasle 90 uot l.st aost
,ttr: ,oerahly les~. Tse a'rrctoss had ccc.aed Ia
1u:uIe 70 rc!a, hose pa.t. oi the uan liue snere
vtIe, n!sn ISe.te ntt axel, and they would ne1:
YEA, ttLd to Cat ADA 0o0 tont Of inc 9 IaAs Tae
oihtf ieLeaa!s 3o.ln re roai!nncd ioF tae pteselt
s ateA. r con plettop Of tue traas'tug Of tae
Ike, which Hss VI ent15 reefe.t, would tend ms
3bll& to lnR lien lhe ile oI s4e Ealfa The roll.
isfse aus. iit.es cf trkrllc we're ert:J seaf re.
fused from RE tu.olts, Of ths eos.pauy 70 csrry
II. EntiI iee capital nEtad5 Authorized Os psu'
y.l.n !. Ill se rurpuses, the sot4pauy could moi
tc placed tn the kuc<tt.foi IottIon hish tx,+ .ns
citcHtI.tHl ces tui'y opened mi i!re =. tn: Ern =
| IL z crpG1eDce rnttFta'bel t.*aftts the company
: ! Ia lrIuaa had Ken naulfe-ted tJ the capita
J tut:er7'.d Ct Moptrc-f 10 rupp?v TO NOD -rast
| e1tcs tb. ,tescicEt:es III &ic tOl.E5 stocS FtTt
| hut drcn box csr, han heen aiEehdr ra.btfacte
for, alu It a. buae that the lacas carttsl "oaIt
: pity.oe fuI,fef QnsnttS of :tV cars, as t,ta
= c. At tf Roeut IllatAh THIS would n. sal1a11
ad both q. ,sss.sa nc . est!a t1anc NJ II u 1o
| eet tat IT, III III fN!lE1Y II t7sHd%
1htIa was 70 1oEot Of 1hefacs that ample ram
:, | txtEu1 to Eve a i1rse nrt1nfe fhcrea'e % %
i pre.c:t Ioili rocS Vas nps surtc cat y the cui
; Itbt rite II catIisgr, TO add I1attfbftE to 10
! F1t.rnt gro.a se.ur9s. Thk inch rA.es uP.n 70
lie seA-0r, Mtl thcJ VETO raised nj c.rtain rS-u
lar da .er a. tic strer aud lake nayigs'son bs:aM
il c1>i1F aLd difs'coi Eotil at y, d11t cl1se
IS the cpd Of SovG nheF theI Eittieeu 'helt saaz
> nm. NGtirg ire wncle Of sns year t1as n
thr. ugh Eat-s bsd ruled cons!deFaal! loEes sn .
. IN 1s6s sr. IN 'S snry HcFc ns:sF ne ta.s. cu'
|: tsI;er weeks Of Oc'o:er y something it1s IN
i n:sner ,ttnnaEd Of 1sGs they ~ere st!! 10 G r;
s.ow IN. st1Idasq ~ !, sa9 she GsG,I ~, fnt ns
T. | OF November wRs, II Ill pr0hahlsy. arrested b
!. the treAkdown Of she pssces Of pr dnce st Cn
eaSo A!o toIous:ont tne Vel - eoaSeaaeoe
T. Ilcrex.e Of above Iro 6t,n per week Ead brtn IL
v | 10 The Company. Tne Ntec,orr Vers happy to =
:! !ort that m aSre:m nsd noW oTsn GO Gose'e m
enbjtc', Of ccuF:e, 10 tie approval ot tue rto3Tl
,, tors os both cnulpapes- i had o-eu hrran{t
Il! that The aFreeEcf snn1td bt appfosei e5 I:
ID | Gland Trot pf0ps4esors NcTe As5ed 10 tn'ny
- T1r urtctufs RLe further happy 10 anuEua
II that they taF every Frnsrsc' ~ o":ne ane 10 =
II tht irt.ic.' far TIE cutrent hsf year oa The 0'
~ / fl TeYrn bntfH.