The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-04-29
CAMDEN AND AMBOY RAILROAD.
Annual Meeting of the Stockholders of the

AMI hAkIIhVADs
Annual Meeting Of the Stockholders Of the
Company.
Yesterday afternoon the annual meeting of, the
stockholders and the election of the officers OF the
Camden and Amboy Railroad Company were held
in the city OF Camden After the organization of the
meeting Ashbel Welsh, Esq, President of the COM
pany, read lengthy and extremely satisfactory
port in which ne recorded another years progress
the history OF this great enterprise. Some of the
facts and statistics embraced in the document pos
sess great interest The canal which is used in
connection with the railroad is sixty-five
miles in length, which, besides forming
a link of inland navigation from
the Chesapeake to Long Island Sound and to the
Lakes. connects also with the great Pennsylvania
coal fields, and is navigated by vessels of $50 tons.
The company has two main lines of railway between
the two largest cities of the Union, which, with their
branches, cover 165 miles Of roadway 104 of which is
double and 81 single track, with GO miles additional
of sidngs and holds controlling interest in 26O miles
OF auxiliary railroadsn all $50 miles of track Over
and above all this It has terminal property of the
value of six millions of dollars, and a vast
amount of rolling and floating stock. The
cost OF the companies investment, not
including cash and materials on hand, was on the
first of January last thirty and half millions of
13 millions in loans and the rest furnished out
OF earnings. The receipts of the four companies I'm
1868 were s7,s30,552. The number of passengers
carried exceeded six millions, &C., 900 of whom were
through from city to city, the receipts from which
were S3, $685. The average increase of passen-
gers, taxing long series Ol years. Is i've per
Cent per annum, which, if continued, viii
give an annual increase of passenger receipts
of $1sOOOO, with little additional expense. The
whole number of passenger trains now operated
daily is more than hundred, of which twelve, each
way, run through from city to city. Upwards of
million of tonnage was moved the railroads, the
freghts on which amounted to s2,392,017 The tom
mage annually increases at an average of IS per cent
or a little more than doubles every five years. BY
reason of the greater increase of low-classed ton
mage, the increase of freights does not keep pace
with tonnage and doubles in but about six years; at
fl,ofr ntoA no 'frnr hnplh ha Hha rn
mova of transit duties heretofore imposed 10y
the Legislature is made the subject of much
check that has hitherto interposed to dam back
freight The tonnage by the canal last year was
over 2H Millions and the receipts $912,107 The
giving S65 600 increase, with little or no increase Of
expenses. The receipts of the companies are large
and steadily increase. Occupying the most fayora-
BILE ground between the two largest cities of the
country, and forming q link IN the great through
line from North to South and Southwest i is
this company: Within the coming three
over ten millions of dollars To accommodate even
tually this rapidly growing trade the company has
Jersey CITY, opposite New York-a tract Of 20 acres
with 1900 feet of river front and nearly half mile
inland. The report warmly conmends this pur-
chase as not only cheap, but as indispensable to the
companys future business though it is not proposed
| to go Immediately on with its improvements The
| Legislature, at its late session, authorized the
companies to increase their stock sixty per
cent. This privilege it is not proposed
| to now use to extent of more
than ten or twenty per cent on the present stock OF
the companies, to be offered pro rata to the stock
| holders sem-annually in per cent scrip, convert.
BILE into stock. This however, has not yet been de-
| fnitey determined. The DEATH within the past
| year, OF three prominent managers of the company
was announced Appropriate resolutions passed
being feengly seconded by Messrs GatZmer, Brad
| ley and Wech. The following ticket of directors
ingston, Joseph p. Bradley Samuel Welch Charles
| Manchester, John Jacob Astor, and William IL.
| Gatzmer.
ADDITIONAL PARTICULARS OF THE FIRE LAST
NIGHT-The following are additional facts TO those
published on our inside pages OF the destruction
night by fire of the freight depot of the Philadelphia
| Germantown, and Noristown Railroad Company
| The building, which was originally used the pas
senger depot was the oldest one of the kind in the
country. Ii was erected about 1892 and was valued
ut SS0O0 on which there was an insurance of $4,000 il
the Spring Garden Company of this CITY, There wert
twenty-one cars In the structure, large portion
which were box cars, and all were full OF freight
which consisted Of wool, cotton, and general mer
chandise, the property Of some two hundred an'
thirty shippers. In addition to the destruction 0
this there was a pile OF lumber valued at severa
thousand dollars all Of which was more or less in
ured. The loss altogether will reach about $40 OOC
The principal sufferers We're d. White, of NorristoWu
who lost 26 bales of cotton; A. Gross of ManayupL
80 barrels Of 1our; ana >. j. Cleaver, of Chestnl
| Hill, 200 bags OF wheat
THE REV. W. G. CATTELL DID, the popular am
| eficent President OF Lafayette College, at Eastop
will be the recipient this evening, of q we-deserye
testimonial He Is about 10 start for Europe 10 b.
| uDScHb year, VI inc COllcpe naVin
given their consent, ana previous to his departur
his numerous friends n.this city, including the Trus
tees and the donors to the College, have invited hin
TO be present at an entertainment, which inyitatio
has been accepted. The aiair will transpire az Oh
| Continental Hotel this evening, Ex-Governor Po
lock, the President OF the Board OF Trustees bein
| expected to preside.
THE STREET CLEANING.--Mayor Fox has been cC
Operating with the Board OF Health in their efforts
have the streets properly cleansed. He turns owe
reports of the Lieutenants OF Police upon the cond
tion OF the thOroughfares in their districts. AS "
| the new contractors are moving but slowly, and
they are not sharper the summer months will be upo
| us before the filth which has been accommodating 4
months IL removed The streets In the OLD distric
of South Penn and Kensngton are ID rlghu
, state.