Wilmington daily commercial., 1872-02-12
DOMESTIC NEWS.
wilmington & Reading Railroad.
ABSTRACT OF THE ANNUAL REPORTS OF THE PREsI
DENT AND supERINrENDENT.

ABSTRACT OF THE ANNUAL REPORTS OF THE PREsI-
DENT AND SUPERINTENDENT.
We present the leading features OF the annual
| reports Of the officers OF the Wilmington 4
Reading Railroad, presented to tho stockholders
at the Annual Meeting in January They cover
the operations for the year ending October 81,
1871.
Tho sale Of 1st Mortgage Bonds completed
some time previously,) then was 81 $50 000 and
Of End Mortgage, 1928, 600. The Construction
Account reached 81, ,226, 1872 Go amount invested
In real estate aud buildings $71 1896 rolling
stock, and office furniture, S240 1854 telegraph
line, SO DS6 81 Ohristiana' branch and wharf
&l5,0Ol "a; Reading branch, s5,259.13. OF the
LIST Mortgage Bonds, $12321 had been cancelled
for the sinking fund, and 3,063.50 were held by
the Company, making sl5, ,384 90 redeemed.
Passengers carried during the year, I26,94O
Increase over 1870, 1884
Tons Of paying freight moved, 179,243
lncrease over 1870, 92,040
The total receipts for the year we're: ~
From Passengers, $4s, ,321 26
" Freight, III, ,054 10
-" Express, Mail, &c. 2,4l6 SO
sl67,791.97
The Operating expenses were $107. .496.09
Twelve new station houses were built during
the year, 40 miles of track thoroughly ballasted,
oommodious passenger, and freight stations,
c.s
vile and 1888 feet of new sidings and branch
tracks laid down. -irs
The President mentions the construction of
the Ohristiana branch and wharf, and says - the
indications are that large shipping trade will
be built up, at this point"
A lot of 4s4 acres OF land one mile South Of
Coatesville, has been purchased and an engine
house, and temporary repair shops erected there.
3 first-class locomotives, first-cass passenger
cars and baggage mail and express cars, were
ad al IN ba atn nd
were about to be delivered, at the time of max
ing the report.
The traffic of the road is increasing steadily
and satisfactorily The receipts OF the year show
an increase of ~ per cent, and a further in
crease OF 60 per cent, in the present year, is
indicated.
The shipment OF peaches to Interior Pennsyl-
Vania, last summer, proved entirely satisfactory
as an experiment" +" and S94 tons were transport
ed.
A number Of new iron ore mines and stone
quarries, have been opened on the line OF the
road, from which a handsome increase OF ton
mage il expected
The branch road from Birdsboro' to Reading
has been surveyed, and prepared for letting. It
is proposed to commence active operations in
its construction, as soon as the weather will
permit.
The President refers to the probable &C nstruo-
tion Of the Berks County Railroad Connecting
with the Lehigh Valley) and Of the Conestoga
Valley Railroad, from Springfield to Ephrata.
The building Of these important feeders will be
Of great value to the Wilmington & Reading line.
The Superintendent states that the equipment
of the road consists October 81, 1919 off
first-class 1O-wheel engines.
8
(shifting) engines.
passenger cars.
smoking and baggage
baggage, mail and express cars.
n Swheel gondola freight cars.
caboose cars.
More long sidings are needed, in order to pass
freight trains repair shops belonging to the
Company would be of great service, (these the
Presidents report mentions as being supplied }
and track scales for weighing freight received
from connecting roads are wanted.