, 1873-01-08
EAST.

From tho Forty-Rixth Annual Report Of tho
| President and Directors Of tho Baltimore l. Ohio
ltailroad Company for tho year ending Sept. so,
1879, We make The following extracts Tie
total amount Of revenues, compared with tho
| previous yoar, arc: 1872, s13,G28, CIT 81 for
1871, 812, ,52o.42; inorcaso, $1,000, 147.89.
The gross earnings of tho hIain ston,, including
tho Winchester l. Potomac, Washington County,
and Winchester d Straaburg Branches, layo
been $40 ,66l ,47162. The expenses Of working
ank Keeping tho roads mud machinery in repair
amounted to &c. 2,89o.e3 being 57.4o per cont
upon the earnings, showing decrease OF 2.12
per cont, compdred with tho previous yoar. It
is shown TINT tho earnings, In comparison
with the fiscal year 1871 laye in
croascd a741, ,oS1.13, and tho expenses s215-
612.25, making comparative incrcaee in tho net
profits Of s525, ,66s.s8. A dividend of por cent
upon the capital stock WIS paid on tho 1st of
dividend of Per cont. Tho profit md md loss ' nc.
count Hlowa an increase in tho past year Of
s2,oo5,637.o3: The report Of tho transportation
department shows large expansion Of tonnage
Of through merchandise, East and Wost. Tile
coal trade shows an aggregate Of 2,0G3,G93 tons.
Iho surplus fund.-" representing earnings in
vested in engines, cars, machinery, buildings
bridges, double-traek, connecting, roads and
bonds, amounts to $40, f52, ,26o.30. For tic fu-
turo, tho great work in contemplation, in fur
theranco Of the interests OF the road md it's
Western connections, IL tho construction OF tho
2 point 90 miles north Of Eownrls (Ohio), on tho
Lako Erie Division, to Ohicago,-a distance
of 260 miles,-wl,ich is expected within 18
months n to bo built aud in uHe. Tho exhibit Of
creditable to all concerned In tho management
and working Of tho road.
Last weok tho Buffalo, CORY l. Pittsburgh
@crona-cnD lload was sold to Colonel Phillips,
and the Allegheny Valley Roads. It il u,,tlor-
stood that those three roads will now form ono
uninterrupted line from Boston to Pittsburgh,
to be run IN the interest Of tho ponnBylvania
Central. It seems probable that, under tiiB now
idated road with tho Lake Shore Il Michigan
6outhorn at Brooton, will not answer tho roquiro-
ments OF Colonols Scott and Phillips, and that,
aome point OIL the Croes- Cut to Duffalo will soon
30 constructed. The plan, is to build
from tho summit, Of Lake Ridge, at
Q point fey miles south Of tho too
tho new road will strike eastward, passing the
ridge, to and through Frodonia, md thence pfa
E1orostyillee to Buffalo. Dy tho direct rond from
the Summit to tho city, tho route to Pittsburgh
miloa, a,lsl tho stoop grades, of tho Oroas- Out
from tho ridge to tho 1ako shore will also DO
avoided. Tho Cross-Cut link OF tho now con-
hoAuat!on III sadly ont OF repair and will mood to
be rolaid throughout. Tho road will bo at once
put into repair, and the new management will
run iaina through from Pittsburgh to Buffalo
over the consolidated roadB before tho closo Of
noxt summer.
1t s estimated that during tho mouth OF De-
conber last, a. 43S freight cara passed AlilIn OH
tho Pennsylvania Central l.ailrond, which, II
placed in Il continuous line, ,wonld mako stretch
OF lG2 miles, It Is ostilnatod TINT 1889 miles OF
freight cars pass Nliflliu III ono yoar. Whom tho
atupondons business OF tho rontl is complo-
hoilded. and then tho fact tuken Into conadora-
tion that 10 fow accidents OCCUR, como iuoa can
DO formed Of tho vigilance ro1uircl Of ali el.-
ployes to secure tho tafe all regular transit Of
theac trims.
Tho first mortgage on tho Noston, Hartford &
Eric 1sailroad, will DO forecloscA Tor non-pey-
mont Of interest March ~, and notice will tlan
DO given to all bond-holdors to meet for |
tho organization Of new CON-
pany. fl,o stock and floating dsIt
Will by this meanB bo wipod ont, anil tito bond
holders Will rocoiyo Btock in tho company ut |
the ratio Of ton sharea for oyory II 900. Tho not
earnings Of tho road for tho past yoas amounted |
to oyor $208,000,
The last rail on tho Canada Southern Railway, |
between 1t. clalr, Michigan aud st. TAomas. !