The Portland daily press., 1874-01-20

The Portland Railroad Company held its an
nua meeting yesterday afternoon IN Reception
Hall at o'clouk.
The financial statemant gives passenger re-
ceipts at 46,264.79. Other receipts swell this
sum to $4S,SO7.59. The expenditures amount to
$4,000 05, leaving balance of Sc, 77754 S1261.
| 66 have been expended for damages. The cash
on hand January LIST, 1872 after deducting
dividend for that year amounts to SO, So6 So,
making the total 10,5S4.05. S1711.57 have been
laid out oc the road-bed and track Tee pay
rolls have amounted to S2O2, O64.39. The city's
bill for wooden pavement was $500. The ex
penditures for horses have been $2295 25, and
for stables ST. .052 SO.
The Presidents report gives the receipts
OF the year 1872 as SAG, 1885, 81, and the
expenditures as $41, 559.O7; the receipts
for 1873 as s4S,SO7.59, and the expendi-
lures as $42.O3O.O5; the number of pas>en-
gers in 1872 1872 1928 and in 1873 at 827, 478. A
heavy loss of travel resulted last year by the
obstruction caused by the Sprit.g street sewer.
A new curve has been put down on Pleasant
street, Deerng
An annual dividend of five per cent, paya-
BILE on the first Monday in April, was declar-
ed.
The Superintendent reported that during the
year just passed the cars have run ON Spring
street l9,77Sa trips, Ga, $50 Is miles, carrying
225,916 passengers; and on Congress street,
1856 trips, 65.Oi6 miles, carrying 31s, 1879 pas
sensers, making a city total of 5l4,1O5 In
Deerng they have run S,157 trips, 53,OoOb
miles. carrying 2S3,373 passengers. The total
number of passengers for the year was So, i7S
The amount of travel over the Spring street
line has beeL very much lessened the past sea
son by reason of the Inconvenience occasoned
| by the city putting in sewers on SDriug and
Middle streets, Interfering with the regular
running OF the cars about eight weeks. A por-
tlonof the Congress street line WIS also OBJ
| structed in the same manner about four weeks
| The rolling stock of the road remaius aoout
| the same as ia previous years. In the last year
| the cars have run 149 days on runners and as
the receipts are from $40 to $50 day less on
runners thaa on wheels. it will lie seen that the
| company has laHored under grpater difficulty
| in this respect than in ordinary Y. ars. There
| are on hand 85 horses. Four have been lost by
death, three by disease contracted at the time
of the epizootic aud one by broken leg. FIVE
have . en- sold and 10 bong t. giving the road
more horses than last year. Five old horses
have been exchanged tor new ones. The road
bed aud track are in good repar. Abous 300
new sleepers have been put in. New frogs aud
switches h We been put la on the city lines, aud
the Deering line has been graded up and new
curve put in at the head of Pleasant street,
| costing about $500. As an additional improve
meDt an old st BILE belonging to the company in
DeeriDg has been fitted up for a dwelling house
at a cost of $500. There are % tons of hay, $40
bushels of corn and 800 of oats on hand, and 8
tons OF straw.
After the reading of the reports the election
of officers was proceeded to with the following
II
II. O. Wheeler, H. j. Libby, James T. Nc
Cobb, Charles Hoden.-5SS votes out of 1 ,576
votes were cast, all of which were for the above
named gentlemen.
The matter of running omnibuses or some
other suitable vehicles on the days when it is
neither good sleighing nor wheeling was debated
but no definite action was taken. The meeting
then adjourned.