The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1873-01-11
A GREAT INSTITUTION.

| The Annual Report Of the President and
Directors of the Baltimore & Ohio Railroad
company has just been published, which
shows that this great Corporation, under
the management of President John W
Garrett, has grown from small beginnings
| to be one of the colossal industrial institu
tions of the country. The report shows
unprecedented prosperity i'll every brancl
of the great ramfying system of railroads
| which, like arteries, stretch out through
the West and Northwest. The enterprise
of Mr.. Carrot, who is the motive power, al
| it were, of this great corporation, is bound
less, and his arms reach out continually
| from great TO greater schemes ofextension
Pope's great figure of speech
"Hills mount DER hill and Alps on
Alps arise
would be an appropriate description Of the
! grasp of mind and colossal genius that ha:
pushed the business in a constantly enlarg
ing circle, which brings the heart of the
continent under the control of that gigantic
corporation, known as the Baltimore 4
Ohio Railroad Company.
| The following extracts which we make
from the summing up, or general remarks
of the Report will give the reader some
| thing like an adequate idea of the business
| Of this grand company, and also an insight
into the views entertained by the directory
of the institution in regard to freights.
Doubtless the sound business principles
shown in this liberal discrimination in favor
Of coal and other heavy freights, has had
much to do with insuring the great sue
cess Of the management of the road while
under the control of Mr.. Garrett.
The aggregate earnings, working ex.
penses, and net results of. the Main Stem,
including the Winchester and Potomac, the
Washington County, and the Winchester
and Strasburg Branches; of the Washing
ton Branch and Parkersburg Branch Rail-
roads; of the Central Ohio, and Lake Erie
Divisions, and the Wheeling, Pittsburgh
and Baltimore Railroad, for the fiscal
year, and of the Newark, Somerset and
Straitsvillc Railroad from May 20th, 1872,
were viz:
Earnings, S13,626.67131
Expenses, S,367, 414.9 80
Net Earnings, $5,259, 202.32
During the year 1880 new cross ties,
9,oO4 tons of iron, and Ills tons of steel
rails were used i'll repairing the tracks of
the Main Stem.
The increasing business of the Company
continued to require large additions to its
equipment.
During the year 4S first class engines, 81
palace and passenger cars, and 1854 cars
Tor general tonnage, were purchased and
built at the Company's works. Of the lat
ter, ga replaced that number broken and
worn out The equipment upon the Main
Stem and Branches consists of 423 loco
motives, $50 passenger and baggage cars,
and 1913 house, stock and other cars.
The policy adopted for the development
of the coal trade continues to exhibit de-
sirable results. The establishment and
maintenance of low and uniform rates.
enabling consumers to rely upon their sup
plies being furnished throughout the year
at prices which will not be affected by
changes IN the charge for transportation,
continue to cause n general and large de-
mand. The tariff of the Baltimore and
Ohio road for coal has continued, summer
and winter, without alteration, for nearly
five years. The Company has uniformly
declined to enter into any combinations to
obtain advanced rates, and proposes to
continue this liberal and useful policy The
enhanced prices of coal in England have
caused various interests in the East and
West Indies and South America to make
arrangements for supplies for lines of
steamers. and tor other purposes, from the
port of Baltimore-their action being based
upon information that the tariff of this
Company would not be advanced during
the approaching winter In order to fur
nish the facilities which the enlarged con-
sumption of the excellent Goals upon the
line of the Baltimore and Ohio road will
probably demand, it has been determined
dred hoppors, of eleven tons capacity each,
! exclusively for this trade.
Arrangements are also being made for
| the construction and purchase of import
ant additions to the power and equipment
for the general traffic.
9.11S tons of steel rails have been used
during the past year upon the main stem.
25G miles Of the road are now laid with
this durable and safe material. Contracts
| have been made for sixteen thousand tons,
to be laid during the next year.
The rapid increase in the traffic OF the
road requires q constant increase of its
facilities in all the working departments.
During the year, nine miles of track have
been laid in the yards and stations of the
Company, and work upon the double track
has been vigorously prosecuted. Fifteen
miles Of track have been laid during the
year. This great improvement has been
completed between Piedmont and Balti
! more, and between Piedmont and Grafton
thirty miles have been constructed. and
the work on the remainder is being prose
cuted so as to perfect this entire distance
at an early period
In order TO meet Unexpected continuous
increase OF the coal trade, arrangements
are now being made for the construction of
a third track from the coal regions East
ward. This important Improvement will
not only greatly facilitate the tonnage, but
materially aid in the development of the
largely increased passenger business Of the
road.
The rapid enlargement of the business of
the Company at its Marine Station on
Locust Point caused additional space and
facilities there to be desirable. The large
| property extending from the line previously
owned by the Baltimore and Ohio Company
to the property of the United States, Fort
Mcl1enry) has been obtained at value of
5000, 900. The necessities of the commerce
of the port, in connection with the busi-
ness of the road, demand additional piers
and warehouses. 1t being also evident
that the rapidly increasing grain trade of
Baltimore cannot be accommodated by the
elevator which has been successfully estab.
lished during the past year, the capacity of
which is $50, 0G0 bushels, it has been deter
mined to erect u second structure with the
capacity Of 100000 bushels. The addi-
tional property acquired will enable the
Company to proceed promptly with the
construction of these needed improvements.
Cur Bodily Enfirmities.
P,sca! iufirinities the lot all. Millions arc
always sick man. woman or child !: uniformly in