Wilmington daily commercial. [volume] (Wilmington, Del.) 1866-1877, 1873-01-15
OUR RAILROADS.
Annual Meetings. Elections, and
Annual Reports.

me annual , inee,ing oi 'ne perhs couii1y nan,
'a "s n,'tia,,' o. ~ Vi iat,d n;.l1 o
Hs igmg Isahii seoinAu meo oh TooJeu Ens;,-
aaelIy pISshrouS' Hoolse s. iteIon, 81 aSaB'
nehIy .; EgheIl, o,liivn ~. oseelo
Dnaries ~. leinoch, Miiiain .. Iiiies; Euwaru
neVse ,niy ley DiJs Iei, E len
! lo,oiooteu , = tr loealois' anu iiAnA " onii"A
DvS, DULL otaiy auu iioaeutol. h., n o 4, Al, a, =. !.
me annual report presents ngures 70 the olst
VI Oosopol' Aue ioooiP''' w 'nSe Siiiio, Moie'
From stockholders. .................. S92 955.OO
" interest. t...................... 73t.59
The expendituroa wore:
p;o.; ,,ti,,,;,,.u, ..,u,,o,., .,1
",,a: ''' ~ ato KIN 90
7 IL daT,a,,os s,d fo,,oir,, - 9t1 an
lam uAihses anu az 9ak ~
paSI.. atoi liz ie N IN 07o 70
paaI en- T., i,.;i
voc, a't MI, Poai 1o'o "i osn M
Sf, w. ha,a I,eiiti T. b,i OF ZOO so
ialsi'No Oii Manu- pOsi''u iA O~uA' A''o-''oA
Ihe report refers 10 the progress OF eys,
during the winter OF lS7l-T2, which were re-
tarded by severe weather 70 the decision IN
consequence OF dlfncultles with the Phladelphla
Heading ltH to change the point OF Junction
with the wilmington hoadlnB. ana cross the
Schuylkul twice instead oil but once. Ihe Pres-
ident says: 'Ihe line Will thus extend from
this junction at poplar Neck, crossing tothe west
side OF the Schuylklll river, thence re-crosslng
to the east side near hckertB Furnace, and
thence Follows Its location through the cfy OF
Reading. a. approved by City Councils, passing
ana hlBhly cuiuVHeu district, Hch IN asHcul-
.tural and mineral resources. IL traverses Tor
one-thira lts entire iength IN tIe illneuate VIC VIC
unity OF the most extensive slate region IN E"st-
srn fshhsyNahla, source lr rom "llcn VIII pc
derived Mge traihc. me tnrnacee now IN
iror ore denaits @ ime And limeston and other in
dustrias must secure a large and growing local
trade. The saving In distance between Reading
and Lehigh and the large northwestern traffic
which finds its most direct route to an eastern
market, through the valley OF the Lehigh, will
largely increase it's business commanding AZ il i
these advantages it cannot fail to be ultimately
profitable. =
~ miles Of road we're contracted fer in July,
and satisfactory progress has been made Track
laying on it may be commenced early in the
Spring. The remainder is now ready for contract.
The cost of construction above Reading will be
comparatively light. No heavy grading few cut
tngs of any consequence and remarkably few
bridges, the material for which can be obtained
near the places of their erection. The work on
the SohuylltilI bridge IL rapidly proaressing The
adjusted. The first mortgage bonds, to the
amount OF 81 500 OO0 bearing interest at per
ceet are prepared, being signed, and will soon
| ready for sale. The President adds
1.-The management has been much harassed
by the hostile feeling and action of the Philade-
phS and Reading Railroad Company in compel
| ling them to enter into costly aud lengthy litiga-
tioi 10 maintain the rights and privileges grant
| cd them through the city of Reading by the City
Councils, which may cause some delay in pursu-
| ing opera tiops on the route through city. The
| case has been argued before Supreme Judge
Sharswood, who up to the time OF present Writ
ing mas not given MS decision III the matter
pHrrApA. 4 aALfIstoaE. orSTHAI, N. r. H
| L.I :. . 10 4t,.,, =. .si ,tssol, .,,Iooa
the ANNUAL neetnB oi tli7 tTau .oOn
AT oAl9ru On oSS ~ W,,' Wa n'roo1
were 9iovgeG ~ I Iii,'ni,io,, ~ r IaDs
tuie, o. 49, ~, Ivala. Aaror i,tar NiiItar
Dothf DaElu mV9Ppet, httVli
CoharI' SoSePh prlle ni M NJ, -
Sahnei Dlchey, oAcop Aoihe' 1hoiiSs Dor-liO'
son Eumln natiVs az ei, p.oa;aont .totos +b.. tba
Ine report Vi tne iresitT' s t sor az
roaa ~ now III o9iltlUi "a tno .t nnSor ~ AZ
ntss soopas.
tr.tor having been vsoated by the supreme
i Court. The gross receipts of the entire line
have been: .,o o.o oo
| From Passenger Fare, $3.50 S58.S6
| i" Freight, l5652l Ol
| g Express and Mail 6,543 rs
" Sundry Sources, l,67O 53
---
| Total S295 694 1S
| This being an increase over the total earnings
OF last year Of S24 3SS6l.
This amount has been expended inIthe opera
| tion of the road, repairs and renewals, law, in
| surance taxes, rent of leased lines and proper
| ty interest, new improvements and equipment
/ and notes for rolling stock paid off. The prop
| erty has been maintained in good condition, and
| improvements have been made AZ fast as possi-
bis
THE JUNCTION & BREAKwATER R. r.
I -, =, ,l,a mn n ,vo,
ny ,IiiS.i 10y "hon the foovi me-
hsiu si AZ ml'IoiI MILO oi lionuN9 "i'A ''''
oIeorS moio % eio0toI ~' ~ D5 o..
sacrats,vf Y Fouil