Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-05-14
] PROSPEROUS ROAD
,,uRolD WHICH 4yEvER KILLED A
PASSENGER"
s3,,,aW. Thomnon's Annual Report Of iAs
Condition Of he Ohio River Railroad
Company Submitted to the Sock
holders Thursday.

rso REGISTER yesterday, in its tele-
.hic column, presented the results
,,ss annual meeting Of the stock
-. Of the Ohio River Railroad
c.mo,py, so far as its election OF new
nirectory is concerned.
To.day we present some details Of the
Ines Of the corporation, compiled
a., the annual report Of President
c.o,ga w. Thompson, read at the
meeting.
-, svcerent and substantial eondi-
NJ. NJ, the earnings show a gradual In
w. 49, and the profits are sufficient TO
go - interest on the bonded indeot-
Y 55 Am fixed charges are liquidated
$50 49, a. they become due, and the OPP
s.,tIng expenses are met and PAID Iaitn-
NV 81 the Goth Of every month with
~ -5s-yjry Dromptitude. NOtwithstand-
s.',bo he flood OF February 1891,
- - tbs road was under water for q
49, time and traffic wholly sus-
I'D the paw car was one OF the
y, tr1lns to pass over the road after II
w,s Omen for traffic. New engines, pas
..rger and freight cars have been added
me equipment during the year, ana
80 sum has been expended in giving
Tsrmanency 70 the road bed, bridges
Al this time the road is In most excel
-, condition. as is proved by its free
dom rom serious acCiuents. The road
:, sirht years old and PA miles long,
"a has never killed passenger, and II
:. svcsDt the wreck of the B. Il o. car
,.Wsst Virginia. two years ago, never
had an accident Of 3 serious nature to
,ssssnger train. President Thompson
I. IN be congratulated on the excellent
showing made I'm his report, and the eX-
csrlence there shown Is largely attrib-
r,sd 70 his mastery Of the affairs or the
road and his close attention 70 the de-
,2ils OF the affairs under his direction.
The report Of President Thompson
shows the following facts;
The gross earnings OF the road Tor
rsll were S1O7, 966.65, an increase OF
Ss5Q44 90 compared with the year 1890
An increase Of $40, 29L2l, however, In
tbs cperating expenses, As per cent. or
which is on account Of maintenance OF
Vav and struCtureS-OccaSlOne prlnel-
paIiv bv the flood OF February-de-
creased the net earnings $50, 296.02 COM
rsrsd with the previous year. There is
reaSos 10 believe that had it not been
FOR this foOd the net earnings would
have shown satisfactory increase.
The total tonnage carried in 1891
shows an increase over 1890 Of 90, 534
tons. OF 1857 per cent; the total ton
rage one mile increased 3S.4j per cent.
The average rate per ton per mile was
IN 1891, @. Cos, per cent. as against O.s29
cent in 1890, a reduction of O.166 Of
cent As compared with last years
business, the gain from increased ton
page moved is 123,655.9S. The re-
daction Of O.166 cent i'm the average
rate per ton per mile-which was caused
By an increase Of through business, the
same rate as the previous year having
been maintained on all local business
resulted in a loss in revenue Of SS9,-
Olsl, leaving a net gain OF S34, 640.l7,
or 1879 per cent Ia freight earnings.
Passenger earnings show 3 decrease
OF 81. 601.51, or 2.21 per cent, the result
Of a decrease in the number Of paSSen-
gers carried. aud a slight reduction Of
the average rate per mile, O.O1 cent, the
number Of passengers carried having
decreased 1929, or 80 per cent. com
pared with 1890.
The total increase in gross earnings,
compared with 1890, was equal to 3.S2
per cent.
The total increase in operating ex-
pen>eS compared with 1890, was equal
10 1904 per cent.
The net earnings, compared with 1900,
show decrease equal TO ga per cent.
The equipment Of the road December
81, 1901, consisted OF 25 locomotives, 81
passenger and baggage cars, and 1899
freight cars.