The star. (Cincinnati [Ohio]) 1874-1875, 1875-02-18
The M, d. q. Lailroad-Annalat Election
-.


aud Annu.t keport
The stockholders Of the NJ. Il g. rail-
road held their annual meeting yester-
day afternoon, elecling the following
Directors:
John King, Jr., Baltimore, Md; Thos.
Whittreage, Baltimore, Md. W. w.
Scarborough. Cincinnati, O.;, W.T.. Nc,
Clintick, Chillicot O.; John Donnell
Smith, Baltimore, Nd; II. NJ. Bishop,
Cincinnati, o.; j. N. Camden, Parkers-
burg, w. Va; James D.. Lehmer, Gin
cnnati, o.; Nathaniel Wright, Cincin-
natl. o.; Allan A. Chapman, Baltimore,
Md; Wyl.e III. Oldham, Marietta, o.;
Robert Garrett, Baltimore, Md; William
Waddle, Chillicothe, U.
The Directors Immediately organized
as follows:
President. John King, Jr.; Secretary
and Auditor, Charles Low; Cashier and
Registrar, W. Il. Jones; Treasurer, W. b.
Oldham.
The following are extracts from the
annual report; Earnings in 1914, ", O94,-
$40; expenses, $1,57l ,35D; earnings more
than expenses, $5a3, l5J; working aX-
penses, 70 per cent.
The net earnings for 1874 show an in
crease of 171a per cent. as compared with
1873, and 2lA per cent. as compared with
1872.
luG EGf6Uu6 NoS PcA1y
O9S 3d. There was an increase i'll the
number OF through passengers of 6.2a7,
and an increase IN revenue OF ", ,457 %.
The increase in the number OF local pas
seugers was 81, l21, ana in revenue SG,-
| 7I8 O5. The total number Of passengers
through and local was 607,uO3, an ln-
crease in the number OF 43,0B and in
revenue oil $l0.2Sl 50, as compared with
1873.
The revenue for freight was $l,3s0,-
| 8S7 SS, There was AN increase OF l3,2Ij
tons of through freight transported, and
u decrease in revenue OF $1.l, 800 ~.
The revenue tor 1874, for the transpor-
tation of mails is stated at SLID 06U ID.
OF this amount $27,G73 was earned in six
months ending December 81, 1873, but NOT
| included in the revenue OF that year as
the additional compensation was not ad-
iusted until the close OF 1874. The re-
ceipts from express, telegraph and mis-
cellaneous sources were $75, 464 IL.
| Evrty-fvu- hundrecl --atd--thlrty-ninc @
tons oi new and rerolled rails, ana 1oo,-
474 cross-ties were laia during the year
| in main line and branches. Sax miles OF
| additional sidings were laid at u cost OF
S59, ,l54 AZ, and there was expended $42, :
3D8 "a for ballasting. and $S0, 4S6 o2 Tor
widening embankments and cuts. Vs.
297 Q3 were expended for new baggage
and passenger cars: ana Sllo,o5o 04 ioi
| lLwenty-eight box, nifty side dump coal,
| fifty double-deok stock, and one hundred
gondola cars
$29,S2S II was expended on account oi
new bridges. The cost OF right OF way
4 during the year was sl,976 30, and fol
! grading depot grounds 1888 ". There
i were expended $l,9lS 70 on account o
new water stations, $2,o4i on account o
new machine shops, and $1,000 81 on ac
lcount Of new culyerts. 1lA miles o
( fencing were added during the year at
cost OF $7,204 II. :,
The necessity of improved depot facil
tiles in Cincinnati lor the increasin;
height business has long been expert
enced, and in place of the small and in
sufficient shed a brick, tire-proof freight
house, GA feet long by 40 feet wide, front
: ing on Second street, anu extending iron
e Fark to Rose street, has been built upol
5 stone foundation walls, and divided int
: three sections by fire walls. The cost
II this structure has been $1,000.
: The report also referre1 10 the Brigh
!. on coal lines and the coal project oil whic
e mention has already been made in III
;. STAR, and said the experiment had prt
@ ven successful. The new Baltimof
/. SAort-line from Athens TO Parkersbur
J. was referred to at considerable lengtl
OIL as reducing the length of the route te
s miles. aud being highly satisfactory
every particular gs