The Portland daily press., 1891-12-03

Artnur Sewal, batn.
William H. Conant, Esq. was elected
clerk.
President Wesc6tt made the report of the
board of directors. which is as follows;
To the Stockholders Of the Portland d
Rochester Railroad:
The directors respectfully submit the
following report of the transactions, re-
ceipts and expenditures of the corporation
for the nine months ending June 30, 1891.
At the last session of the Legislature of
Maine, Section 60 OF Chapter 81 was amend
ed so that the annual returns OF each rail-
road corporation should be made to the
Secretary of State to cover the year ending
June 30th annually, thus making the year
conform to the year established by the In.
terstate Commerce Commission. Hereafter
all returns will be made to cover the year
ending June 30th.
In conformity with said act, by vote of
your directors June 16, 1891, the treasurer
was instructed to close his accounts ON
June 30th instead Of September Both as
heretofore.
Thetresults of the business for the year
ending June 30th, 1891, as reported to the
Railroad Commissioners of Maine and the
Interstate Commerce commission of the
United States, are as follows:
Earnings from freight -. ,752.63
Earnings from passengers. 97,437.S0
Earnings from express. 2.o26.O9
Earnings from mails 1857 80
Earnings from car mileage 92.89
Total transportation earnings ,s242, 366.73
Less operating expenses. ........... 10 ,776.79
Income from operation. :. 50,587.94
Income from other sources......... 1,564.84
Total income. .......... 49,. s52,152.7s
Deductions from income:
Interest on current liabill-
S......................$ 1O.So
Taxes. .-................. 3,103.22 3,174.20
Net earnings for year, 4s,s7s.5s
The treasurer's report annexed will show
In detail the receipts and disbursements for
the nine months ending June 30th, 1891.
During the past nine months your prop
erty has been greatly improved, all i'm
pr0vements except purchase of real estate
having been charged to operating expenses.
MAINTENANCE OF WAY.
The following materials were used for
repairs and construction of track: 126 tons
of steel rails, 1862 cedar cross ties, 20 split
switches, 20 frogs, 29,150 lbs. spikes and
| Al, 6S4 lbs. joint fastenings.
The following new side tracks have been
laid:
PORTLAND, feet
Cumberland Mills. 100
East LtpanOn... ...................... 300
One hundred twenty-five thousand three
hundred feet superficial feet of flats be-
low Somerset street have been filled giving
ample accommodations for our freight bus
ness north of Kennebec street.
FENCES.
Five and one hundred forty-three one
hundredths miles of new barbed wire fence
besides general repairs to fences over the
whole line.
BRIDGES.
A new pile bridge 233 feet In length has
been built to connect the Marginal Way
with new freight yard north of Kennebec
street.
Tue bridge over the Presumpscot river
connecting with Westbro0k Manufacture
ing Company Mills at Westbro ok has been
repaired. also the highway bridge over the
track at Gorham.
wHARvEs.
Re-capped and relaid plank at Coal
wharf near P. g r. junction.
STATIONS AND BUILDINGS.
At Portland a new passenger station,
with general offices in the second story and
ample vaults for the books and papers of
the corporation. has been constructed on
Preble and Elm streets.
The freight shed has been moved from
Kennebec street to our new freight yard
below Somerset street. thus relieving the
the passenger yard and the public travel
from the movement of freight trains across
Preble and Elm streets.
The carpenter shop and paint shop have
been moved to south side of our main
track, repaired and painted, and the tracks
through the yard have been changed and
so arranged that all tracks are on the
n0Itherly side Of the passenger train.
'ThqSa ytan eiVa phanppg aheoiufalu do
manded by the rapidly increasing business
CT your road have resulted in a commod-
ious freight yard. aud convenient passen-
ger station for our patrons, and safe and
much needed offices to economically carry
ON the business of the corporation for
some years, without any further outlay.
At Woodfords, 200 feet new platform
have been built
At Westbrook. station and buildings
painted, and built 90 feet new platform.
At Gorham, station buildings have been
painted.
A East Rochester, freight platform, 80
feet in length has been built.
EQUIPMENT.
We have purchased one wrecking car
and steam shovel, and 10 rocker dump cars.
Our equipment Is now as follows:
Rolling Stock.
Passenger Quipment-cars.......... Is
Freight equipment-cars ............ 248
Gravel, tool and Other cars .............. So
Snow plows on whees.... 2
Numbtr Of miles run were:
Passenger trains.... ................... 9I,759
Freight trains ................. .-....... 53,575
Cons iruction trains Observation-Disclosures. 4,643
Switching trains. Observation-Disclosures. 22,726
l92,7o3
Tonnage Of freight hauled:
Local. ........ 46,196
Foreign. ACKNOWLEDGEMENTS. 80, 1854