The Portland daily press., 1873-02-04

track between Boston and Portsmouth, and
more than five miles at other points. We have
also put III u miles of Sidings in addlIlon 70
what we previously had; thus making twenty
miles of new track laid within the y n rpnewais
and re pairs we have laid this year on tue EaS-
tern road and branches. ,90S tons Oh iron rails
and LILO tons of steel rails, ana on our other
roads 140O tons of iron rails. " the 90 miles
of our main line between Boston and Ports
month III miles are now laid with steel rails
Our eouiI ment has been very largely iucreas-
cd during the year, we have added Is new loco-
motives, 40 new pas ger cars, baggage, mail
aud express cars, 133 box freight .ars. and *
new platform cars
The Legislature last winter granted for bet-
ter station accommodations strip of land %
feet trent OH Causeway street, the property Of
tne Boston ana Maine Railroad. Owing to the
Iorcioie resistance of that corporation legal
measures were taken to enforce the grant. and
.he company have now obtained possession of
she premises, and the plans are being prepared
Tor building at once. The want of freight ac-
commodatlons in the city proper is serious de-
trlment to the business of the road and one
which has occupied the attention of the otficern
dullng the past year. A satisfactory soiutios
of this difficulty has not hitherto been possible,
but is now hoped for.
In response to petitions and at the request of
the Railroad Commissioners the company be-
gan the experiment of running cheap morning
and evening trains, though not in the mode
provided in the statute 1t is too early to speak
with certainty as to these trains. 1t would not
be just to pronounce them failure, nor true to
call them success.
The directors have issued boads to the amount
of $1,500,0OO, $1,000,OO0 in currency, at per
cent. interest, and 100000 in sterling bonds
bearing per cent interest. Substantially all
the currency bonds have been sold. The ster-
ling bonds are in the hands of Messrs. Barring
Brothers 8 Co., under an agreement with them
The directors recommend that the stockholders
authorize them to issue additional bonds to the
amount allowed by law.
The damages caused by the disastrous acct
dent at Revere have been substantially settled
Only one case was tried before jury, and one
was heard by reference. The liability of the
company could not be questioned, and as M st
of the injuries were accompanied by serious dis
figuremeDts, it was impossible to adjust them
by the payment of any moderate sums. The
total cost of this accident thus far has been
S434, 784.S8 The directors have thought that
this amount should not be charged at once to
the expenses of this year, but that it should be-
in part at least, funded and paid off gradually
On the I'D of October, 1872 there was col
lision between the night Pullman train from
Bangor and a freight train at Seabrook, caused
by the msplacing of switch. Two persons
were killed, and about twenty injured. most of
them slightly. Two corOners' inquests, one at
Portsmouth, and one ut Newburyport have
found this company not responsible, or in any
way to blame for this accident, and the direc-
tors do not question the correctness of these YER
diets