Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-06-08

STOCKHOLDERS NESTING AND ASNuAL
REPORT AND ELECTION.
81 &c. sn Rs,,, meeting Of tne ssoof holder
company was held In Baltimore, yesterday,
Cosonel Samuel Cox, one OF the directors.
presiding, and Mr.. John Grove acting as
secretary. Hon. Oden Bowie. the president
OF the company. submitted the annual re-
Poll OF the board OF directors Of the company,
gi Ni ne operations OF the road Tor the year
The gross earnings from all sources for the
year were sos ,o9i.6e, OF which the Washing
ton line and tunnel were sSSs. sa2.Ss, and
ropes Creek line, sSe .os9 81. showing an In
crease In ISIS over lSst OF s6s,I70.Os on the
Warrington line and tunnel. and a decrease
on Popels Creek line OF = ,t93T3.
Ire totsi expenses were s5So.oi252, OF
WHICH the Washington lire s507 .10s 60, aud
the Pope's Greek line SO SQ7 u; an increase
on both lines OF SIS l0a %
The general expenses OF ISIS were reduced
nesIiy nity per cent, and the other Increased
expenditures occur mainly In maintenance
oi Nsy, IN conducting transportstions and
Increased taxation IN real estate, particu-
Isr,y on the passenger depot In Washington,
amount In ISIS double the sum PROPERTY
cnargeAble that year. The increase in m AIM
tenance OF way Is caused by laying over We
huncred tons OF steel rails ana nearly n 600
new cross ties. aud improvements about Inc
Washington depot Grading has been done
for double TRACK At different stations and
rom the Navy Yard tunnel TO tue Eastern
IN WASHINGTON
much change has been made "a our tracks TO
make our grades conform TO those recently
established by the engineer OF the District
and several new buildings for warehouses
and freight delivery erected, In place Of old
ones torn down 10 meet the requirements OF
the city authorities. The property purchased
oy the company ~ iith street, In Washing
ton, has been converted into an extensive
coal yard by the erection OF three series Of
trestles, each laid with double tracks, and
bridges over All the streams and rivers be-
tween Washington and Baltimore have ali
been repaired, and greatly strengthened by
additional door beams.
TRADE OF THE ROAD.
The total number OF passengers carried In
1875 was ,050, zoe, as against In IS7i as, 623-
an increase In lss5 OF pa .0S5; the amount OF
freight carried in ISIS aggregated In tons
81, $50, as against in lS7s lsi 3il- AN increase
In 1875 OF 81 ,5i5. The transportation per pas
senger per mile was seven tenths Of n cent
and per ton one mill per mile less ia ISIS.
The figures above given show a large and
steady increase from May, 1872, when the
road was first opened, In which year its rev.
enues were o ly SiSi ,Si91, and are the more
preston, largely affecting All railroads, has
peen increasing since 1873. While very few
roads have been able 20 keep mp their re-
Ses,Ps, ours lave trebled since 1872, and
altnough the ratio OF the operating expenses
10 the gross receipts is unques ionablV large
~ must be borne In mind that we are required
20 keep up large train service, more ex-
penslve terminal arrangements, and a higher
standard OF efficiency generally than the
present business warrants, because OF a Keen
rlvalry Win one and our connections with
other lines. For the successful operation
and management OF the road we feel that
we are greatly indebted 10 our officers and
employ es for their faithful and efficient SER
vices. ODEN BOWIE, President.
The report was accepted. Tue election of
board of directors was proceeded with, re-
shifting In the reelection OF the old board.
The directors then met and reelected ali
The officers OF the company. The following
are the officers and directors: President,
Hon. Oden Bowie; vice president. a. j. Cas-
satt; treasurer, John =. Leib; secretary aud
auditor. John Grove; board OF directors. A.
j. Cassatt, George Il. Roberts, B. v. New
conner, w. Il. Walters, George Small, Dr.
ELI J. HeDkle and Samuel Coy