Evening star. [volume] (Washington, D.C.) 1854-1972, 1875-06-03
baltimore and Fetomac Railroad.
REPORT-ELECT1oN OF DIRECT
ORS, ETC.


oRs, ETC.
Yesterday the annual meeting OF the stock
holders of the Baltimore and Potomac Rail-
way Company was held in Baltimore, for the
purpose of electing seven directors for the
ensuing year. Ex-Governor Olen Bowie,
president, presided, with Mr.. John Grove
secretary. meeting of the board of direct
ors was arSt held, at which a contract be-
tween the Baltimore and Potomac Railway,
the Northern Central Railway and Canton
Company was ratified. Also another con-
tract between the baltimore and Potomac.
Northern Central and Western Maryland
Railways, and also a third between the Bal
timore and Potomac, Northern Central and
Union Railways.
THE PRESIDENTS REPORT
was read. The gross earnings from all
sources from January. 1874. to December 81,
1874, were SG15,ll5S6. of which the Washing
Ion line were ~JI4, s22.32. and Pope'S Creek
line 0,5o3.Ci. showing an increase in 1874
over 1878 of S2}3 .65 or of So per cent. The
total working expenses of the two lines for
lSiiwere Ssh .90S.46, of which the Washington
line were ~4i0,032.J0, and the Pop5'S Creek
line S4i, S15.96, an increase of Sl03. Iil.66 or
y !. per cent The number of passengers in
1871 was 1S3 C23; in 1875. 60 So an increase i'm
number of ia, 2iG and of 24h per cent. This
gratifying increase in passenger travel has
been largely exceeded by the surprising eX-
pansi0ii o. tonnage. whinh vac II lSii 1851
tons. and in 1873 s. 800 tons-an incfeo'AA al
nearly double, or 81 i per cent. The net earn
ings OF 1874 over 1873, of the Washington line
were SlJi 1882, and the excess of eXpendi-
lures over gross earnings on Pope's Creek
line is 81 ,2S2.92, giving a net increase on the
business OF the whole road of $50 1861. The
great and steady increase in the business of
The ROAD since its opening will be seen from
the Glowing statement OF total earnings -
1872, from May, when il first comm.Snced
transportation; Sl3I .5l.9I; 1913, s-5S1 1858:
ls74. SGl5.4l536. The returns for May cannot
yet be furnished.
INCREASE OF TRAVEL.
About he middle of May orr passenger
rates between Baltimore and Washington
were largely reduced and although. as above
stated, tie accounts for the month are not
yet made up, an examination shows that the
travelin" public so appreciated the change
aS To make our passenger receipts between
the two cities three times as large the first
week OF the reduction as they were the week
WASHINGTON BRANCH.
The success of our Washington line Is made
more apparent by a comparison with the
last req ort of the president and directors of
the Baltimore and Ohio Railway Company
for their fiscal year ending September 80.
1874. In that report the revenues of the
Washington Branch are given at 1913 ,523.SI.
sh2ying decrease Of So, 1923 compared
with the previous year, ar. = ''scfease OF
SlO1 .521.73 compared with 1872. president
CARROTS last report, page - While there
was this decrease in the earnings OF the old
road. it will be noticed from foregoing
statement that our gross receipts on the
Washington line were ~5ii. S22 81 aud ournet
earnings alone on our Washington line for
1874 were S13l, 1892.
PoPEs CREEK LINE.
IL will be observed that the POpe's Creek
lire has been operated at loss. This is
owing to the failure of crops of all kinds in
southern Maryland since the opening of the
road, which passes its entire length through
a purely agricultural and sparsely-settled
country. 1t is believed, however, that with
a more prosperous agricultural production,
and the Increased facilities recently given to
encourage the small industries, and the Gull
tivation of fruits and vegetables, for which
the soil and climate of southern Maryland is
so admirably adapted, that this part of the
road will also soon be made TO pay a profit
A contemplated line of steamers from Pope's
creek, TO accommodate which a wharf would
have to be erected there, and a ferry line
from the opposite Virginia shore. which the
wharf would invite, will add TO this.
DEPOT FACILITIES.
Within the .reseut year our handsome
convenient and well Constructed depot
building, in the very centre of washington,
and less than square from Pennsylvania
avenue, the great thoroughfare of the cif-y,
has been completed and opened TO the r,ublic.
Besides adding greatly to their comfort and
convenience az is one of the fIest ornaments
anIng the many handsome public buildings
81 the national capital.
ELECTION.
The report of the president was adopted.
The election of board of directors and OFF,
ceis for the ensuing year was proceeded
with and resulted as follows: President,
Oden Bowie; vice president, A. j. Cassatt;
auditor and secretary, John Grove; treas
urer. John S. Leib. Directors Messrs. A. ].
Cassatt, George B. Roberts. William Z. Wa
tiers, B. F. Newcomer, George Small, DIR. Eli
Henkle and Colonel Samuel Cox.-Bnh. Ca
zettf.