Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1883-12-13

| FEE kAI1E C8UxDAIss
AAnaal Reports q varssus 0Aesrs.-l
| Very sse-essfsl Years WORK.
The following annual reports Of the variou
oficers Of the Maine Central railroad will b,
presented to the stockholders 1t their annua
meeting to be holden in this city on Dec. 10
~ tn doings of the road for the year ending
Sept Both, 1888:
DIREcroRs RKPoRr.
The number Of miles operated BY this com
pany for the year ending September Both
1882, was 349 8. Commencing With October
LIST, 1889. there vas added the European 4
North American Railway. ll4.1 miles, ant
May lst, 1888, the Eastern Maine Railway
1873 miles. 80 that the total number of mile,
now operated BY this company 10 1872 8.
The gross earnings of these roads, nov
forming the Maine Central. were for the cor
responding period in the year ending Septem.
Der Both. 1882, 81, 632, 40. 80
The gross earnings of the combined roads
for the year ending September 3Oth, 1888,
were 81 s94,6I5 81; showing an increase OF
1892 1851 or 8 $40 per cent
We have now nearly completed the laying
of the tracks of our main line with steel
rails and have 80 far progressed that by De-
cember 3lst, 1888. the line from Portland to
Vanceboro, via Augusta, and from Cumber
land Junction to Waterville, with the branch
from Brunswick TO Bath, will all be steel,
making in all 1906 miles 20 laid and leaving
but l52 miles in iron.
The company have been obliged to make
auflavs an tho Mar p~tl-av
and also on the European and North Amer.
lean X. r.
This extraordinary expenditure did not
seem to be properly chargeable to the opera
ting expenses of one year, a. there have been
added during the year to our rolling stock,
three locomotives, eight passenger cars. four
reclining chair cars, three combination pas
senger cars, seven freight saloon cars, two
express cars and Eve hundred and seventeen
freight cars, costing in the aggregate $3.50,
5l5, "a. OF this sum S9l 1928 80 has been
charged into the ordinary operating expenses
Of the year and the balance it is proposed to
divide into equal payments in the next four
years.
Negotiations were entered into during the
year for the construction of q branch from
Brewer, on our Bucksport branch, to point
in the town of Hancock, Maine. at tide waters.
us DTauCU Will Dc He3Ily LOIty tUilcU IN
length, and will enable Us to reach point on
the coast most convenient for the Bar Harbor
travel and within eight miles of that noted
summer resort.
The road passes through Brewer, Holden,
Dedham, Ellsworth and Hancock, to tide
water on Frenchman's Bay, and promises to
be most valuable feeder to our main line.
The road is being rapidly constructed, is being
laid with steel rails, and will be ready for use
in June, 1884.
The cost of this line, which will be known
a. the Mount Desert Branch, is betrayed bv
an issue of 5 per cent bonds of this company,
to an amount not exceeding 500 900.
Four thousand four hundred and thirteen
tons steel rails have been laid, equal to 48 10
miles; 2,029 tons iron rails have been re-
paired and laid, equal to 22 $40 miles; 49,
S95 sleepers have been laid in track: ii miles
track was ballasted with l6, 900 cubic yards of
gravel; 6 8 10 miles new side tracks were
built.
Twenty-seven and seven tenths miles of
new fence were built during the year ending
September 80, 1888, and 6l0 miles old
fence were repaired and rebuilt.
New bridges built during the year ending
September 80, 1888, as follows
Sabatis Stream, Dead River, Pennington,
Costigan. Wytopitlock, Finn Brook, Mar
stOn's Curve, Bath-in all a total of 4S5 feet.
There are 70 bridges on the road. OF
these all but six have been rebuilt since 1870
This does not include bridges east of Bangor.
The total length of bridges on the road is
as follows: Twenty-three iron bridges, 1862
feet; 81 wooden bridges, IA, 283 feet: total,
20, las feet.
New buildings have been erected during
the past year, at the following places: Wood
ford's. Brunswick, Waterville, Augusta, Ban
gor, Exchange street, Olamon, Enfield, Lin
coin, Mattawamkeag, Dsnforth, Tomah.
Vanceboro, Leeds junction.
At Bangor, an addition has been built to
the passenger station at the foot of Railroad
street, and the Exchange street station build
ing has received extensive repairs. At Malta
wamkeag, the passenger station has been
moved across the main line and thoroughly
repaired. At Vanceboro, the old passenger
station has been moved across the tracks and
re- fitted for . freight house. At Bath, the
Company's wharf has been extended, and
some 800 cubic yards material removed by
dredging. New turntables have been built
at Lewiston, Bangor, Bucksport and Vance
boro.
TREAsURER's REPORT.
Result of business for the year ending SePts mbei
10th, 1888:
Earnings from passengers. el.lE,2o6 u
Earnings IRON freight, btl.e60 Va
Earnings from express. 5000. %
Earnings from extra baggage, 3.037 g