Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-05-05

The transportation expenses were
$685. per cent Of the gross receipts, an
increase of 3.13 per cent as compared
with 1890
The cost of transportation per mile
run was .0115 cents, or 1888 per cent
more than in the preceding year.
The increase in transportation expenses
was mainly due to the large amount ex-
pended for necessary repairs of locomo-
tives and cars, and to the expense of
transferring freight cars by water and the
additional shifting service thereby in
volved.
The maintenance of way expenses
were 1706 per cent of the gross receipts,
being u decrease of .0083 per cent as
compared with the preceding year.
The whole amount of steel track laid
is 80 16-100 miles.
Net receipts were applied as follows {:
New equipment, $5,028.71; real estate,
$439.47 construction, 1874 $3.50.
The additional right of way at Will
mington was acquired in order to secure
the necessary land for tracks. The land
at Embreeville was purchased for sta
ton purposes, and the sum expended at
Eaurel has enabled the Company to se-
cure the fee simple title to its right of
way there.
The United States Hotel property at
the corner of French and Water streets,
Wilmington, a portion of which has
been occupied as a passenger station
since March, 1886, was purchased for
$4,000, $4,000 being paid in cash,
$4,000 remaining on bond and mort
gage bearing interest at the rate Of five
per cent per annum, and the remainder
being carried by temporary loan.
At Lenape a new freight station has
been erected, and new passenger sta
ton has been begun, to accommodate
the increased passenger business due to
the opening of the electric railway be-
tween that point and West Chester.
The increased business at Coatesyille
made it necessary to erect new freight
station at that place. At Cedar Knoll
and Rockville new freight stations have
been erected to accommodate the bust
ness offered.
No change has occurred in the capital
stock.
The bonded Indebtedness has been in.
creased by the sale of $4,000 first
mortgage bonds at 101 and accrued in
terest.
The whole funded indebtedness now
consists of first mortgage 5 per cent
bonds $4,000.
The total mileage of the road is as fol-
lows: First track, $3.50; sidings, 25.27.
The average cost of running passenger
trains one mile was 81 4-100 cents.
The average cost of running freight
train one mile was 60 97-100 cents.
The number of passengers carried was
$500.
The number the preceding year was
410,344, being an increase of 2S,476, or
GOA per cent.
The total earnings from passengers
were $S2, 5270S; same for preceding year
1871, l09.S3; being an increase of 81 ,417.25
or LIS per cent.
The total earnings from passenger
trains were 9S,067.S3; same for preced-
year 500, 316.96; being an increase of
$1,750.S7, or 1871 per cent.
The total cost of running passenger
trains were $S4,240,21; same for preced-
ing year $SS, 961.S3 being decrease of
4,721. CO, or 5.37 per cent.
The net earnings from passenger trains
were $13, S2762, or IA 10 per cent.
The freight earnings were S342, 504 .95,
same for preceding year $340,127.61,
being au increase of $2,377.34, or .0O60
sper cent.
The total cost of running freight
trains was 1891, 104.91. Same for pre-.
ceding year $269, 364.91, being an in
crease of 81, 740, or 4.35 per cent.
The net earnings from freight trains
were S61 10000; same for previous year,
70,762.70; being a decrease of $0,362. SO,
or 1928 per cent.
The total equipment December 3tst,
1891, consisted OF 25 locomotives and 3s2
cars
During the year there have been added
two locomotives and 90 freight cars.
Besides the ordinary repairs, three
passenger engines, four freight engines
and six shifting engines received general
repairs.