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

Operating expenses, 03.2 per cent OF gross
receipts.
decrease in maintenance Of way and struc-
tures il found for 1891, as compared with 1890,
in the items Of new bridges, $4,000; Of cross
ties, 10000, and Of repairs to roadway, $4,000.
Equipment shows an increase due 70 purchase
of a passenger-coach, $4,000, and OF torty-io ur
box-cars equipped with alr-Drakes ana Janney
cOuplers, 100000.
Conducting transportation shows o decrease
Of $4,000 in car mileage and $4,000 In loss and
damage 70 freight.
General expenses show an increase Of $4,000
In the itom OF the commissions, TO which item Is
charged the bonus paid 10 the Scotland Mock
branch OF the Wilmington and Weldon Railroad
Company, under a contract made at tue time
that branch was constructed.
The passenger business shows most gratifying
results both In numbers carried and In receipts.
Through freight receipts also maintain steady
advance there was. however, slight decrease
of ~ per cent. 10 the already small local-due
TO a falling of in tobacco shipments.
With an increase Of As per cent. In ton miles
and l7.5 in passengers carried the road shows
an increase Of I'll per cent. in engine miles, due
10 our increasing freight requirements, as there
was a decrease In passenger train mileage for
the year.
SATISFACTORY BUSINESS.
The report concludes:
Our business has been generally satisfactory
and our track and equipment has been steadily
improved. During the past fiscal year new
IRON ana steel bridge has been erected at Motto
way river at cost OF SS,97S, and there has
been added 20 our new equipment one locomo-
tive, one passenger-coach, and forty-four box
cars at a cost Of S44,3oO.
The result OF the improvement and increase
OF our equipment 10 shown this year In the car
mileaee balance, which decreased $4,000, and
would urgently recommend that $4,000 be ap-
propriated to purchase additional freight-cars,
as the car mileage balance Is still $4,000
against US.
The Postmaster-General has notified US that
ne has reduced by one third the appropriation
made by Congress- for especial facilities" and
thai ne will further decrease it next year. The
reduction win date from July /, 1891. This VIII
cost our company reduction in mail receipts OF
ma effects OF the money pauic Of the fall Of
1900 were not felt In our operations nntil this
summer. There are now indications that the
freight business OF the opening fiscal year will
show some falling Oh. We hope, however, that
inc messenger business will continue 70 show an
increase as indicated by the reports OF our
agents and connections north.
m eiyes me pleasure 70 report that both officers
and employees have performed toer duues
faithfully.
SUPERINTENDENT REPORT.
The report of Superintendent x. III. Sully
gives the following items:
The track has been kept fully up 70 the stand
TWenty-three thousand one hundred and forty
white-oak cross-ties have been placed IN tne
one feet OF new sidings built. Nine hundred
and thirty-tNo carloads, aggregating Twelve
thousand ono hundred and sixteen cubic yards,
OF ballast have boen used.
Nnftoway bridge has bean replaced by an en-
trely new structure, involving TWO massive stone
abutments ana an iron bridge OF the heaviest
dimensions. The cost OF this work, including
magonry for a double track. was $S,O7S.
An afntment has been built for an addition Of
forty-four feet % Stony-Creek bridge stone
Nbntment has been built at the south end OF
me road Is now well protected against such
hish water as that from which II has suffered
heretofore.
MAINTENANCE or EQUIPMENT
The eouipmen, OF the company, both iocomo-
sives and cara have been properly maintained,
ana the following additions received and charged
20 current expenses;
One locomotive costing. ..............S $3.50 90
one passenger-coach- ............s... o,oOO w
Forty-four box-cafs. oo'VVV w
Making the total tor added equipments44,sso 90
Tine reports Of the General Superintend-
ent and Auditor-one giving tabular
statement Of the operations OF the year and
the other q statement of the company's
financial condition-were also submitted.
ELECTION oF orFIcERs.
The old officers and directors were re-
alected, as follows: Administrative Depart
ment Warren q. Elliott, president: a.
Walters, viee-president.
Board Of Directors; w. I. Walters, y.
=. Newcomber. Henry Walters. Fred. 4.
Scott. DIR. ID. w. Iassiter.
The Richmona ana Pstersburg Railroad.
The stockholders Of the Richmond and
Petersburg Railroad Company net NJ
noon and examined and adopted the re.
,orta Of their officers The report OF
byesidens Scott Is very brief, and merely
arbmits the following statement OF the
bnsii1ess Of the company for the fiscal year
ending June 80. 1881;
arose recsipts from transportation .e325. 20e 20
Operating expenses and tazes..... @osso4o Of
7O,420 90
Receipts for Investments, s'c,.-.... So.oo1 se
-. .nvenae. ...........e e1,157 9s
me inssrss, on debt snd sns usual 2 per cent.
aisidsaa have been paid. The company has