New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-22
RAILROAD INTERESTS.
THE e. AND o. ANNUAL MEETING.
FORMER DIRECTORS UNANIMOUSLY RE-hLEcTED
IMPROVEMENT IL THE COMPANY's


CONDITION.
Baltimore. N0v. q t-pec'aN.-CnN Twelve stock
holder OF tie Baltimore and ohio Railroad attended u"
annual meeting today but they repre- cnt"d the "'fr'''
interests. and cast a vote O. 123,329 shares winch
reelected without opposition, these directors: James
,ioan jr.; william +. Buns. william II. NlacAiord'
Aubrey Pearre. George de y. Klein. Wesley A. Tucker
Maurice Gregg, j. Wilcox Brown William +. Fflc"'
Goo~sc \ Won Lingon George c. JelEin and Charles
: " Gwiun. Recent rumor> That Tho HraoHis
would secure two more repre- 'cntatYes III Inc
board were not verified, Mr.. kriu being conuHu'u a.
i,e only representative CT the Baltimore ana "Eoh
s,rongc,, ally. The directors Win meet on ptc5m-
her u and probably re-cect President Naycr. whose
,ollcv WAS Endorsed by the stockholders to day Ii1S
afternoon President Mayer. accompanied bN Vice
Presidents smith King and Lold and General Mana
eer OdcU started on lis annual inspection tAp OF
the system.
The siXty-dfh annual report o. the president ana
directors adopted by the stockholders tooaN' sho"A
a great improvement in tn financial ana PN'rai
,ondition OF th, road For tn twelve months ended
september 80 the total earnings were &2jo34l"' a.
ngl!ns' S24 $50 3p4 q for tn twelve month"; ehdeN
september 90, 1871. an Increase oil Si'oo5'''- co.
The expenses however, were Sl7,3'1'7ol L. AGAINST
SIT O7- - 81 the previous year. an lNoieas' oil a.
b17tcs Is caused ly the heav' expenditures for
bettcr1nents ana roinCstoct The RET earnings
were 81 49,, 3c6 O.. against $7152i74 Co. decrease
of sl3795 40. \ dividend o. per cent VS. PAID
on IN, first preferred ,Iock amounting 10 sl50oVo'
one at the sam, rate on 'he second preferred so'h'
amounting to $4,000; another al i per cent
on the common stock, amounting 20 F"l-''-' 3D.
PAYMENTS were made amounting TO tF'fc'' - 10
retro the bonded debt a-airst S411. II tn wear
,,revio1s en- increase o. S202.oOo. The tonnage
carried amounted to 10 SOL 500 tons t>eptomh': lie
ing s,tIrlatci, Last year the tonnage was )4s6a,-
g7Q TIE expenditures for betto-m 'nts were S-O"l'-
cO4 "a (Sep'cnlbcr being partly cStimattGl' Nhlie
for the f,cal year 159l thy we're 1l.'ol '"V% 90
of the equipment trust Ian series L OF tEVVOVV"'
made with Tho Finance Company ct pennsylvania
there has been cxpcrdd 81 Ge2 so % for four loco
motives ten pass MGR. tarce combination. f.ur bag
gage and 1905 freight cars. lavng On June 90
1902 s307 100 % to b. oNpend ID for equipment t.
Is consir,, I'd
The bu,.ac-, on the philadelphia division con-
tnued to improve. The troS, earnings 10Y '"V
wear were 04Ooo.fl4 Of. an increase 81 S'3"'''"'7'
expense 81 4OsI77 s0 az increase 70. e'4'.r' L. 9
net earninc, $jsl.23o -, an t'ro.s' "' S'l''' 'o
The operations Of TIE staten Island RAPID transit
Railroad Slows: GrcS, c2-nins- SlVl''i- w. d."
Increase OF S2O,Ol4 .: net earnings, ." 100 - d
decrease OF $4.5J2 - iacrca>' OF ~Nl'' 9'''I'' -"
Early IN 1903 ;hcrc viii IT, comp"i G al - '1V't'
G large passenger station AID freight y"'u, ana u"
extension Of the line 10 The s.Uh shore. las ''a''
m.ut Of the entire funded debt Of M company shows
3 total Of Ss4Gj3o24 To- teal Interest paid during
the last nine months Va, Sc $40 o.. me A''
bonded Indebtedness /, &7@1G3.o35.
nh. report Of oenerdl Manager o4cl shows e1tF'-
siye improvements IN T1.GNAys sni s''""H '.'H'.'N
ord q large extension Of the b'oeS stem a hrse
portion OF the Philadelphia division ana ~ I"F"'rS
bur, branch have been laid with c2h'> p'"ni
,tee rails. Tne construction q be Wet 'rSna an !
Ptt,burg Railroad extension VIII 80 >, ,'ptsN ~
10 Cherry River. Evca IN rs ~. N.'' - 10
fixed charees Tho report 0. tie lelie. Dt PLa'l .
shows active members d. 9 ~, Ia NINA 40 T.re
fh.f