The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-10-18
OF Six Months Business of the Norfolk
and Ocean View Railroad.
OVER A QUARTER OF A MILLION PERSONS
Travelled Over tho Limo i'm That
Time increasing Freight business
Operations mt the Fair. The
Branch Line Was Success
Sand Being Hauled.

MIR. .. Emmerson Smith, receiver for
the Norfolk and Ocean View railroad,
mas just issued n very complete and sat
| isfactory report of the earrings and ex-
penses of the line under his manage
| ment during the six months ending Au-
gust 81, 1896. The figures as therein
set down and properly attested by the
| auditor show better than any mere as
Sertion what has been accomplished and
| speak for themselves.
in The period under consideration the
road carried 291,609 passengers without
| INJURY to person. These were divided
as to months thus: March. 4,347: April,
| 9.I62; May. 3S.S47; June, &c, ,242; July, 93-
36S; August. 790'2. These produced a
revenue of S2G,S20.S5, averaging a little
| over cents to the passenger The
earnings I'm the same department of the
road Tor the same six months in 1895
We're S21.24S.09; increase, S5.572.76.
In the matter of freight the line hand
led in the six months ending August 81.
| 1886, an amount. the transportation of
which earned 4.967.56. Add to this the
passenger earnings and sl,S0S.Gs for mis-
| ce!laneous earnings, and the total foots
| up S33.591.Oe. Total earnings for the
same period in 1895, 500 57i.Ol: total in
| crease. $ll .023OS
| The total expenses of the road for the
| period reported on amount to S2t5I777.
which. it will be seen, gives the net earn
| ings the sum of sl207932 These oy-
| y,
transportation, $7647.44; motive power
and equipment, sS,427.0S; general ex-
| penSes, S.4li.31
| ~ general statement of the condition
OF the road at the end of August is ap-
pended 10 the report as follows:
Cost OF property and liabilities Norfolk
ana Ocean View railroad and Norfolk
ana Ocean View railroad recclvership:
Cost of
| road *
capt. .s29l, ,aA Al sll,s47 Al ,3O3, ,2ss 50
Cost of
| o. V.
pro'ty 14s,l57 20 s,s7s "a 1866 &c
Cash and
receive e,sos Os 1856 SIS 1s,l5s 60
Miscella-
ncous pro-
er'y 1i,eOs rs 100 20 11,7o9 oi
Total as
sets ..s452,4lO 4e .2s,5s2 70 $3.50, ,9ss, OF
bniiies s5s,2ss IS 1o.7ss IL sss.oss 40
Total sur
plus IS 94,122 oS SITS 6S s111. .906 &c
Note-The bond issue of the company,
| SSOO,OUO. does not appear herein as liza =
| bilty. the bonds being held as collateral
security for liabilities herein set forth.
Some OF the bonds so held have been
| 'oii pue uluST tle COllalplal agreement,
and to what extent additional liability
| has accrued cannot be ascertained until
! passed upon by the court.
| c. T.. NORTON, Auditor
| In speaking Of the business of the roa d
| Mr.. Smith. when seen yesterday, eX-
| pressed himself as very we'll pleased
with the results, and confident OF larger
] returns next season. He dwelt at some
| length upon the increasing freight busi-
| ness OF the line, saying II would have
| been three times larger had the COM
pany been prepared to meet the de-
mands as it will be from now on. hav-
ing put in n number of additional
switches and having. also, ample cars
| for the service
| The road is beginning to haul consid-
era Bile sand from the immense dunes
back of the cottages. and this end of the
business will be developed in great
| degree.
| Regarding the branch line put in to
| the fair grounds lfr. Smith declared
that it was success. In all 9246 tick
cts were sold to the park, making the
| total number of passengers carried. in
cluding cash fares, nearly 10000. In
| spite of the fact that the line was barely
completed and other draw backs contin-
gent upon operating a new branch, in
| one hour on Thursday during the fair,
the road carried away from the grounds
| 3G37 DeoDle