The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-12-15

Balance excess Of revenues over ex-
pcnsos and llabilitiesfor the year.. sfl 1873 10
The earnings on these lines from all
sources have been increased over those OF
last year:
ON the Richmond and Danyillc and
Piedmont railrOads........ ........ Fl3@,J2S us
On the North Carolina rdilroad...... lloi44O II
'T tIr rI.''.". 1879 80
"tG."s or''........... 'o'l me-, s255,65G 10
The expenses of same for the year in
maintenance and operation, inclu-
ding bettermcnts were increased. 1I,133 20
leaving total net increase of canl-
ings on same for the year of........ sl77,922 03
The ratio OF expenses 10 earnings is JJ.9
per cent.
The through freight traffic has been in
creased in gross tons lS,3l3.20-23.S per
cent; in mile tons, 3,79j,274-lS.4 per
cent; in revenue, S6S, 1Sj.32-23.5 per cent.
The connection freight traffic has been
increased in gross tons 27,92S.SS-l9.S per
cent; in mile tons, 3,Gjl ,332-l4.5 per
cent; in revenue, 500, Sj2.G2-l0.9 per
cent.
The local freight traffic has been increased
i'm gross tons 7,522s6-3.G per cent. in
mile tons. 5000, ,163-22.G per cent; in
revenues, S3l ,4S9.14-7.j per cent.
The aggregate tons transported have
been increased j3, 764.97, or 1872 per cent.
The number OF tons transported one mile
has been incresed 10, ,44G, 100, or 1853 per
cent, and the total earnings from freight
traffic have been increased SlGl, ,1270S, or
1862 per cent.
The passenger traffic shows an increase
for the year Of 1910, in the number OF
Messengers carried IN increase OF LII ,O24
i'm the miles travelled, and in the earnings
Of SlS.642.60.
ATLANTA AND CHARLOTTE AIRLINE RAILWAY.
As reported TO the stockholders at their
meeting held in June last, the atlanta and
Char lotte Airline railway came into the
control Of this company under the contract
then submitted TO and approved by the
stockholders. Since the 1st Of April last.
therefore, this road has been in successful
operation under the direct management OF
this company and ~ a part OF its through
line To Atlanta, Ga. Its traffic for the SIX
months from the date OF its acquisition 10
the end Of the past fiscal year, though en-
bracing the inactive months OF the year,
from April 10 September inclusive. show q
large increase in lis gross earnings over the
corresponding period Of the previous year,
the total earnings for that period being
S45S, 1908 against 1868, ,494.lG for the same
months Of the previous year, being a gain
Of 2i.3 per cent. The impaired and made
quate condition Of its equipment al the
time of it, transfer has rendered is work
ing expense a large one for the time being,
which, however, is being gradually rene
died.
The betterments required under the con-
tract have been fully made for the current
wear, this company being well indemniiied
therefor in the valuable securities, amount
ing TO about S3G0,0O0, transferred to this
company along with the railway.
The legal difficulties which at first arose
with the Baltimore and Ohio Railroad Com
pany in regard 10 this contract have been
satisfactorily adjusted, and all controversy
abandoned, and the control and operation
Of the line as part OF this company's sys-
ten thereby permanently settled. A slate
ment Of its operations for the fractional