The daily gazette., 1881-01-05


The forty third annual report OF the
p. w. n Is. X. X. 90. hss been printed,
and IL now ready for distribution among
the stock holders.
The report SHOWS the earnings for the
year ending October 3lst last 10 have
been on the main stem southern di divistor,
ami Port Deposit branch, as follows;
Passenger receipts $l,767 2l92o
Freight ] ,33a. .3fSJ.47
Express 7u,UOd.6I
Mail Z" 5S, ,257 ~
Rent n, ,257 .7J
Total earnings 50, ,263, ,llO50
ExPENpIUREs.
The operating expenses and taxes
amounted 10 81 ,oeA6. .Ss7 81; leaving a bal
aDce OF receipts less operating expenses
aud taxes of 81 ,3'Si. .223 l3; for interest.
ground rents etc, paid or accrued, S2ly,
YJ4 % less dividend aud Interest received
or accrued, SSS boS y. leaving a balance
less operating expenses, taxes and inter-
est OF 81 .2,4 g77.13. Dividends amount
ing TO Ssl26 .0S000 were pad, leaving
surplus for th.. year TO the credit OF rev.
eBu~ of $685. Il3 OF tbls amount
100000 was placed 10 The Tevenu" fluid.
Balance TO the credit ot teveL Tie, October
Sl,t, 1879, was s73S $50 l6 charged to rev.
sbue as tOllows: DrpTrcIatiou Of ID. & ID
X X. Co., account, Sl0O, 900, d6prrcla-
non of tug aud barRes Canton ferry.
S2i, 1857; deficiency. Delaware Railroad
earnings 70 pay rent, 81 ,osH %; had debit,
S263 0O'
Balance 10 credit OF Revenue
Oct. q, 1880, $3.50, IA 40
Add balAn e TO creIit Of Re-
newal Fund, 100 ,663-jy
Total surplus, Oct. 81, 1880 SD55 9OS 0S
The eatniugs, operating expense,
taxes and interest compared with those
OF 1873 show ~ follows:
Passenger receipts were more by IA 6S
per Cent; freight, Is 81 per cent; gross
earning, l4.50 per ceut, net, 5.6i; operat.
ing expenses, 2296 per cent; taxes, less,
10.
During ths past year It WAS found
necessary 10 accept lower rates for trans.
pOrtation than those OF previous years,
aud also TO accommodate the public
with many more tralss; the mileage OF
passenger aud freight trains being tbir-
teen per cent IN excess Of that of the
previous year.
The equipment has been replenished
by the addition OF two locomotives aud
| several new ones substituted for old ones.
MdDy new Passenger ears we're bGilt to
NIL the place OF old cars sold, and besides
replacing worn out freight cars with
new cars, thers were added to the stock
sixty eight new ones OF all kiad.
For fuel tue Cost was IN excess Of the
same Item during the preceding year by
more than S47 900.
The outlay Ia ''Road" department was
larger by $50 900 than during the year
previous. vi this excess about so, 900
was caused by The unusual DumOer Of
cross ties renewed during the year, aud
| over S3S 900 was pad Tor the labor rs-
qrired TO lay the 90 600 extra cross ties
10 keep the tracK Iu good condition US
der the increased mileage.
IL was deemed advisable TO add the
| sum OF 100000 from the net earning OF
| tue year, Tor the purpose OF building new
| station houses in tins city and at two OF
three other way stations, and 1t Is desir-
| able To continue ths substitution OF
stone ballast for gravel, and iron bridges
| for wooden ones.
Stone ballast was lard on twenty-fv ve
niles OF track
The freight recsived for the carrying of
peaches was S7S,57773 less than the year
previous.
In speaking OF the purchase o. the
| West Chester 81 Philadelphia Il. Il. the
| report says:
THIS road furnishes a direct eopnes-
Il
Philadelphia & Baltimore Central Rail.
road, thus composing a secog road
from Philadelphia 10 the Susquehanna,
| practically ia the ownership OF this COM
pany and giving the latter second de-
-irabie entrance into PmlAasiphIa,
which will prsve, IL is believed, very
valuable to this company ~ great diffi
cnltles must be oyer come in bringing
any new road into the city from ths
Southwest.
| TIE report also gives the amount II
peaches ana berries shipped for the pnst
fourteen years, as follows: Total uum.
| ber of carloads Of peaches, 40, ,S28: of
| berries, 100; number OF tons OF both,
40 a3s; total amount ofrevenue, So, ,469, :
| 3lhU9
The company owis IS locomotives.
81 twelve wheel passenger cars, 81 eight
| wheel twelve wheel parlor ears, 8
Twelve wheel smoking aud baggage, 10
eight wheel smoking aud baggage, d
twelve wheel baggage, II eight wheel
baggage, 3 eight wheel baggage aud
mail cars, l6 eight wheel express cara, 8
eight wheel mi k As, eight wheel D v
car. Total, l79. Ia the freight depari-
nent there are 1916 cars, and Is nIsce la