The Portland daily press., 1888-12-07

Iund In tne nanQS OF the trustees, which In
creased from $596,127, Sept. 80. 1887, to S722,-
| 1888, Sept. 80, 1888.
KNOX AND LINCOLN.
At the annual meeting of the stockholders
of the Knox & Lincoln railroad, held in
Bath. Wednesday, directors elected were as
follows: Bath John G. Richardson, John
r. Kelly, James w. Wakefield; Rockland,
John t. Berry, Francis Cobb, A. f. Crockett;
Thomaston, Edward K. O'Brien; Waldoboro,
Edwin o. Clark; Damariscott, ID. w. Chap
man; Wiscassett, Henry ingalls,; Newcastle,
Ebenezer Haggett. The new board is the
same as that of last year with the exception
of A. f. Crockett, who takes the place Of
George w. Kimball of Roekland. The earn
ings Of the road for the year were S157, ,159-
81; operating expenses, Sill ,66O.2 net earn
ings, S45, ,499.41; number Of passengers car
ried, 1,13l; tons of freight carried, 1859.
The company has paid to cities and towns
during the past year $4,000. being .O167 per
cent on the whole amount Of bonds issued,
and being $4,000 less than was paid in the
years 1867. The gross earnings for the
year we're s., 1866 more than the previous
year. The expenses were S4.S3S.S6 more
than the year 1867. The net earnings were
81, ,5O2. 10 less than the year previous. In the
expense account Is included the following
extraordinary expenditure: Paid for 1908
tons Of steel rails and cost OF laying the
same, SAC, 1889; less amount received for
old iron rails unfit for use, SIS, S,364.17; total,
s22 1922. During the year 1908 tons Of steel
angle splice joints, bolts, nuts, freight and
laying the same was $40, 1880. The whole
cost per ton laid was S40.37. The distance
laid during the year was about III miles. at
a cost of about $500 per mile. In all 3S
miles of the road have been laid with steel
rails. The directors estimate that $50 tons
of steel rails will be required during the
coming year, and that this amount will COM
line Of the road. The rolling stock consists
Of 6 engines, 10 passengers, baggage, sa-
loon,~ 20 box, IL hay, 20 long platform. u
short platform. cattle and shifting cars, 2
snow plows, 2 fiange scrapers, 13 push and Is
hand cars. One freight saloon, one fat and
four box cars have been built, and three en-
gines and nine passenger cars have been
equipped with Westinghouse air brakes the
past year. The gross earnings of the road
the past year were, with one exception,
larger than any year since the road was
opened. There has been an increase OF ST.
247.S8 in passenger and $8S8.11 in freight
earnings over the previous year. There have
been four years in which the passenger earn
ings have exceeded the receipts Of the past
year, but the freight earnings are the largest
without al exception. The operating ex-
penses Wee IL per cent of the gross earn
ings. The number of casks of lime trans
crease Of 1866 casks. There were $50
tons of freight carried, an increase of 2.l90
tons. OF this amount 23.050 tons were ship
ped to and from Rockland. There were 10S,-
than during the previous year. The increase
would have been much larger were 1t not for
the continued unfavorable weather for ex-
cursions. There have been 8257 cedar ties
used during the past year.
RocKLAND, RocKPoRT AND CAMDEN ROAD.
At the annual meeting Of the Rockland,
Rockport & Camden Railroad Company,
held at Rockport village, the following direc-
tors of the corporation were elected for the
ensuing year:
p. ]. Carlton, Fred E. Richards, A. Il.
Mitchell, Henry Il. Cleaves. 5. K. Shepherd,
I. A. Hunt, 5. NJ. Bird. s. ID. Carlton and Il.
l.. Shepherd.
A large amount of the stock has been sub
scribed, and a strong sentiment is manifest
ed In favor of the construction of the road.
1t will extend from Camden or Rockport to
Rockland, connecting with the Knox and
Lincoln.
FINANCES OF THE 20" ROAD.
The net earnings Of the G. B. S Q. for Oc-
| tober shows an increase over October, 1887,
| Of S45,62O. This Is the first month Of this
| year to show an increase over last. For the
| ten months ending October 81 the net earn
| ings show q decrease Of S5,695,479 from last
year.
SHOW YOUR BOOKS.
| The following is an order recently issued
| by the Boston & Maine management to put
| a stop to the selling Of 1O0-trip tickets by
| storekeepers in suburban towns along the
route:
BOSTON AND MAINE RAILROAD.
Important Notice TO Passengers.
Passengers will please take notice that the con-
| ditions under which all coupon and book tickets
are sold require that all coupons rendered
/ for passage shall be detached by the conductor.
Conductors have received direct and positive
orders to refuse TO honor for passage coupons un-
| less the same are detached by them in person,
| from the ticket or book in which such coupons
| were originally issued.
The prevalent practice by storekeepers and
ticket ScaperS or purchasing book tickets and sell
ling therefrom the coupons renders a strict COM
plianee with the conditions under which coupon
and book tickets are sold absolutely necessary,
and passengers are requested to have their
ticket books ana tickets ready for the eonduc-
JAMES T. FuRBER,
General Manager.
NOTES.
The Rumford Falls & Buckfield road is
| trying TO make arrangements to run its
trains into Lewiston over the Grand Trunk
| tracks
The people Of New Sharon and that region
are agltatlng the question OF extending the