The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1881-02-19

81 ,OOO,2s3 so more than during the prev-
Gus year, showing an increase of4 A 10 per
cent, passenger earnings gained % per cent,
freight and express 36 per cent, and coal
earnings 431 per cent.
The amount of coal transported was 3,s43,-
200 tons or per cent. less than 1879, but
transportation rates were more remunerative
than in that year.
Our railroads have been well maintained
by our lessee, and large additions have been
made to equipment during the past two
years. Further purchases of cars and en-
gines are about being made, and it is the
aim Of the Receiver of the New Jersey Cen
trail II. r. Co., TO maintain both road and
equipment in a thorough stute Of efficiency
and ready for any demands that may be
made upon them by he increasing activity
in all branches of trade.
Our total revenue for 1880, from all
sources, was 81 ,6O9,676 So, showing a gain
of Si25 ,s27 50 over 1879.
The decreased expenses, $2l ,947 "A, added
to this make a total gain ofS447,775 SO over
the previous year.
Canal navigation opened March 22d, and
was closed by ice on November 20lh. The
net revenue of both canals, after paying rent
aud taxes of Delaware Division Canal, was
,592 10, against a loss of Sl246 "a in
1879. This improvement is due entirely to
rafa nf I I
tons less coal was transported than in the
previous year. Had the canals remained
open as usual till two weeks later, there
would have been no loss in tonnage, but ow-
ing to the early cold weather, this was un-
avoidable.
The canals are in very good condition
and require smaller amount of renewals
and repairs this winter than usual. We in
creased our equipment during the year, and
at the close OF the season owned 500 boats, OF
which all but two were in good condition,
being an increase Of so boats. We have
contracted for 25 additional boats, and are
building six at the Company's yards.
the production of coal during the year
was 554,937 tons of prepared sizes, against
7OO,76l tons in 1879, decrease of l45, 1924
tons. The profit was $751;, ,626 IA; compared
with Sl90,622 SO in the previous year.
The overprodlction of anthracite coal in
1879, followed by mild winter, rendered
frequent suspensions Of mining necessary tc
reduce the output during the past year
These suspensions materially increased the
cost Of producing our own coal, which, to.
gether with au advance in transportation
wages and supplies, consumed large pari
of the increased price at which We were able
tn sell.
The five Collieries which were operated
continuously during 1879, averaged in thai
year 27l days work, and, in 1880, 1856 days
We averaged at our whole seven Galleries
la full days work, and their aggregate
production was Sl4S tons per day, agains
2075 tons in 1879, a daily average of A!
tons to each breaker, compared with AZ;
tons, an increase per Coliery of "a tons pei
day. The average daily aggregate product
and that of each breaker were the largest il
the history of the Company, and our aim il
10 make further increase in this direction
Colliery No. 4, in which there was fire il
1871, has been undergoing extensive repairs
and the breaker is being remodelled anS
im proved, and will be ready TO commerc C,
operations about the lst of April. Extensiv,
developments, including sinking the slop'
another lift, are about completed at No. II
Colliery, aud a new breaker will be ready :,
replace tho old one by the LIST OF March. W,
have also made changes in No. IL breaker
increasing its efficiency, and we expect L
have, with the opening of spring, eight Col
lieries in full operation and all IN good con
dition. with II large quantity of coal opened
We expended for coal imments account $40,
9l6 80 during the year, aud charged OF
S53,667 81 for depreciation of same. w
have also charged off $55,Sl7, being ter
cents per ton on coal mined from the prop
erty. Our mines have never been in a
promising a condition as at the present mo
ment, as appears from the detailed report 0
W. ID. Zrhner, our Super llendent
We are thus particular and emphatic il
our statements, because rumors have beer
circulated that our mines were in bad con
dition, ana also that the coal was nearl,
worked out from our property. This las
was aH Inference from a references TO ou
coal lands in Mr.. j. S, Harris report on tn
Reading Compauy's eoal lands. We pub
lished, in December last, a letter from him
showing that the inference from his Ian
} guage was entirely erroneous, and that h
estimated the future yield Of the property a
1875, $40 1888 tons; sn that we cen mine
million of tons year for over century
n
quantity stated is much less than the est
mates Of other mining engineers, In vIe'
OF theSs estimates We need not tear 70 IN