South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1876-11-24
WADE HAMPTON"


10 The annual meeting OF the stock.
holders Of the Baltimore and Ohio rail.
road company took place at Baltimore
on Monday last. From the report, it
appears that tho gross earnings of the
company on all is lines Cncluding nine
months of the Pittsburgh and Councils.
vile branch) for the fiscal year ending
September so, 1876, were $l5.O3I235
49, gross working expenses, $1,000. $50
l9-leaying net reyenueof $j,42l,379
"a. The propOrtionate earnings of the
main stem and its branches were So
652,36l 06, the working expenses So
4l1,635 j3; q loss in earnings as comrar.
ed with 1875 $881,Sl7 81. But this loss
is largely met by reduction in the
working expenses of $765, los 10, thus
making the comparative decrease Of the
net profits only St1G,G52 80. The in
crease OF the profit and loss account for
the past year amounts to 81 .952.573 90.
The surplus fund, which represents in
vested capital derived from net earnings.
and which is not represented by either
stock or bonds, now amounts to S36.-
O22,S65 SO. The tonnage OF through
merchandise east and west for the past
year amounted, in the aggregate, to =
095,393, but owing to the contest between
the competing lines the rates, as the re-
port states, "were needessly low" and
the noteworthy fact is mentioned that
80 difference OF ten cents per hundred
pounds would have made an increase Of
S2,l86,7S6 in the net results of the
years work"
TIE report closes with some timely
remarks on the injustice of making a
common rate East AMI West without
regard TO the shorter lines that some
railways have than others. A conbina-
ton TO fix n common rate, rs endeavored
70 be formed Ivy the New York Central.
tothc seabord cities, irrespective of dis
tances it is probable would soon be felt
rs a grievance in those regions which are
traycrsed by the shorter lines. and in
time might produce such n mutiny that
the interposition of Congress, on the
theory Of its power 20 regulate commerce
between the States, would be more loud
ly demanded than ever before"
Directors were elected for the ensuing
years as follows: Galloway Chcston.
Samuel w. Smith, Francis Burns, John
Spear Nicholas. John Gregg. Francis
J.. King. James Harvey, VIM. ". lay
Tor, Samuel Kirby, John King, Jr., G.
A Won Lingen Decatur n. Miller.
70 one Of The most nelarious outra
ges upon the dead, Of which we have
any knowledge. was undertaken OH the
/ nightof the 9Th inst ST Springfield. Ill.
in the attempt 20 steal the dead body
OF the late President Lincoln What
ever may have been the motive. it is ;
matter Of rejoicing that the sacricg,
was proydcnually revealed beforehand
and that The design Of tho scoundrcl.
was frustrated Jack Hughes and Ter
renee Muller, two notorious characters
according to the New York Times, spc
ciol from Chicago. were arrested on the
night OF the 18th inst, IN thst city foi
the attempted robbery. Hughes is un
der indictment for counterfeitiug 10
connection with the notorious Boyd, and
was out on bail Muller is q Chicago
thief and countcrfciter. IL is establish
ed beyond doubt that the attempt to re
move Lincoln's body was made for the
purpose Of securing the ransom Of Boyd
] The incarceratod comtergcitcr.