Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-11-17
rNcnnlsE Arp pEcREksE.

Eetreceipts. ...:........... 5oszv ", W
Percentage Of operating expenses 70 gross TO
ceipts, 78.3 per cent
INCREASE AND DECREASE.
The Increased expenses Of maintenance OF
way ana structures over 1900 are due 70 ncces-
saFy repairs 70 bridges aud masonry ana ma. oeS
sides include the cost Of building I2,647 Ices OF
new side tracks az various points, and elso sne
cost OF new depot At Chester, ana r -, ooo.of.
Maintenance Of equipment shows no increase
In groas expenditures, and includes ths yozr
one new locomotive, olse new passep geicoy1en'
and one new postai-chr, aRgrcgafing Sls.o3l.
The increase IN conducting transpoFs
sIS,295.63-islargely duo 70 the cost OF nAna,
ling the passenger trains OF the Norioh ana
Western railroad. We have this year run three
trains almost entirely for the requirements ot
their business. Additional expenses have oeen
made necessary IN handling the Terminal DuHl-
ness at Richmond.
General expenses show elevator expenses
e3,455. one hall Of which, under the contrecs
with the Petersburg railroad, win be cohec1eu
from that company.
show en- increase In Through revenue eDout
equal 70 the decrease IN local, the latter Dclng
due % less excursion business and 20 decrease
IN passenger rates and 70 faling on ID iuhOer
shipments from Drewry's Blue.
The table Of engine mileage shows tho cause
for the incI eased operating expenses Ensine
mileage having increased 12.4 per cent? aud
with present prospects there Il but ht.s pnv5,
poet Of reducing this unless an arrangement
with the Petersburg and Wilmington and nel.
don could DO made TO extend the hlcnmOnu
division TO Rocky Mount.
GENERAL REMARKS.
Increasing business between Richmond and
points reacned via Petersburg, says the repor,'
has made h necessary 10 extend the freight
warehouse az Richmond l50 feet during the past
fiscal year. IL has also been necessary 70 IN
crease the yard room In Manchester, which now
extends practically three miles 70 Cl0pton, Ihe
fuu NJ tina QTnpa-Rivar branch.
The handling OF freights at terminals, whether
In broken lots or In carloads has become more
expensive as competition and the demhnos VI
the public have Induced greater and more reiia-
BILE despatch. The number OF shipping, re-
ceiving, and billing clerks has been Increased
switching cars more frequently has required
more yard engines and more yard crews, sn sl
the completion Of the James-kiyer branch mas
been Of the greatest service 20 the Atlantic coast
Line, but has placed upon our road largely M
creased terminal expenses.
In view OF these facts It would seem but JUST
that our road, only % miles In length, should
receive from the roads which are Its cOnnec-
lions, which benefit by these increased facilities
and expenses, and which have not been re.
benefit, an allowance greater than the ono now
made and which would help secure 70 our stock
holders q fair return upon these expenditures
NEW sIDE-TRAoKs.
During the year new side-track room at va
riOus points has been made, aggrcgatlng "a
miles, at a cost Of about $4,000 per mile. NOW
eduipmeut has been put into service, aggrega-
ting a cost OF $10,041, and new depot was
built at Chester. All these expenditures are In
Guided In operating expenses and sum up over
931, 900.
have not yet been completed, but the very dan
gerous embarrassing has been removed, ana
everything Is progressing satisfactorily.
The Postnaster-General has notified us that
this year the special facilities " allowed US by
Congress- would be diminished one third, and
has further notified US that II Congress left the
matter at his discretion he would further re-
duce Il next year. The loss Of one third amounts
70 S2,S0O.S5.
II gives me pleasure TO record that both on
GERS and employees have been faithful TO their
duties.
THE GENERAL SUPERINTENDENT REPORT.
General Superintendent Z. I. ID. Myers
in his report says;
The business OF the road continues 70 develop
and the expenditures absolutely necessary to
proyide for IL are consequently heavy.
The frelght-house at Richmond has been en-
larRed: a neat station building built az Chester
and the rolling stock added TO; repairs nave
been made to the roofs OF the larger buildlngs
and the woodwork Of bridges.
We have increased our water supply and built
long sidings These are the unusual and promi-
nent toms which have been charged "a
maintenance OF way.
The mileage Of trains Is greater than last
year. and IL was IN the report Tor that year
pointed out That the train service was out Of pro
portion TO the revenue. Three daily trains In
each direction are still run purely 70 accomino-
date the Norfolk and Western passenger busi-
ness.
This will In part explain the unusual expendi-
ture for conducting transportation, but there are
others, such as decided increase IN wages, the
multiplying demands OF terminal operations
etc. which a critical examination OF the accounts
will disclose and which 1t has not been possible
20 avoid.
The company has done a great deal OF work
At Pocahontas. New streets have been con-
structed in lieu Of old ones, and dangerous
and inconvenlent grade-crossing is abolished by
depressing the public road and passing II under
by an iron-girder bridge.
Tho James-Riyer branch was opened for
through freight February 2, 1891, and has since
that date been used altogether for that busi
ness Passenger trains continue 10 use Byrd
Street station and the Connection ROAD as mere
tofore.
SUPERINTENDENT REPORT.
The report Of Superintendent K. III.
Sully says;
Jafnes-Ttyer bridge has received two coats Of
paint. The timbers Of Fan creek have been re
newed, and the south abutment OF SWht~creok
bridge protected by heavy rp-rapping.
The freight-shed at Richmond has been length
ened 100 feet, and new depot built at chester
-Four stone culverts have been built between
Manchester and Temples.
The old officers and directors were elect
ed, as tolloWs, Win lne eAcepuVu tnas ~ ~
b. +. Newcomer was chosen in the board q
6ll the vacancy caused by the death OF
Hon. III. X. Ellyson: Frederick X. Scott
president; III. Walters, yice-president
Board of Directors-W. I. Walters. Is. Il.
Newcomer. Henry Walters, DR.. ID. w. Las
sitter, and Warren g. Elliott.
RESOLUTION OF RESPECT.
The following resolution was unani.
mously adopted by the meeting:
Resoiced 6y he stockholders Of he Rich
p,ond and Petersburg Railroad Company
| That they have heard with deep regret OF
| tine death, since their last annual meeting
| of Mr.. III. X. Ellyson. who for q number Of
years during his lifetime served this com