The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-28

The freight earnings OF the company
were the largest I'm its history but the
passenger earnings show "A decrease from
last year. this loss is almost entirely IN
local traffic and due 20 the depressed
business coalitions that have prevailed.
The earnings per passenger per mile
increased slightly. but owing 20 an IN
crease Of train mileage and decrease
I'm local business, the earnings per tram
mile decreased 46 cents.
The tons OF freight carried nave de-
creased. while TIE tons carried one mle
have increased. The rate per ton per
mile is very low, averaging on me ehtlIe
business OF the company 4l9 mils' as
arainst 46 mills last year
One OF the piers destroyed by hIe las'
Anril will be replaced with piers or iron
fo- future protection against fire, ana the
other enlarged. the whole involving hh
outlay Of about Sl25 900 I'm excess OF lm,
surance recovered The new PIERS WI
be larger and much more cohNeHl'"' '''''
the old ores.
TONNAGE OF COAL.
Alltision was made I'm the last annual
report 10 an arrangement IN reieien'e
TO tideWater tonnage or coal ny WIZ
IL was hoped better rates could ne Oh
tanned. Unfortunately TINS arlauE'l ~
ana not continue Some OF the paIut5 .p
IL became dissatisfied ana declined /"
carry out its provisions. The results were
disastrous 20 this Company, as us sun
pers lost q large number OF thcF p'1t
contracts and its tonnage M NtWpolN
News for the first six months or thls
fiscal wear showed a decrease or l3so'
tons or Is 10 per cent. NOtWitnstauulnS
this loss, this company couInuD"
abide by the Arrangement uhli thc uHl'
fixed for its expiration. but II TOOK sl'pa,
nv aiding It's operators and shippers, 10
recover its business after That tlme ana
II Is hOped that the coming year VIII
show better results than the one lusl
closed. For five years precedlns' tnI7
cOmpanv had not pushed IT'S udeWaici
coal business Ike its competitors ana,
as result the operators ana miner
on the line were without steady Work
and were restless and DISCOURAGED ire
arrangements now made VIII give more
work and produce better understanding.
The operations Of the company show "a
satisfactory Increase In the number or
tons Of freight hauled per train mile.
the average going up from 80 tons 10
352 tons. and this has enabled the com
panv Notwithstanding it's very low rates
OF freight. 10 earn Sl.i7 clio per mile run
by It's freight trains, as against SL5o "-l0
last year. s
The company has purchased anu
charged 20 expenses during inc year.
10 replace that number or old ones worn
out and destroyed. ten locomotives l5z
freight cars, two passenger coaches anu
one steam tug at a total cost or f1l8,-
1891 These purchases nave Kept IN
tact the number Of engines and cars ana
coaches.
MAINTENANCE OF WAY
or the lOs miles double track charged,
SO miles are between Huntington and
Kenova. and connect previously-eXiss.
ing sections OF double track, ana give
a continuous double track or ~ InlIes
ON one OF the most crowded parts or
the road. An extension Of 3D. miles was
made I'm the New River coal district 10
facilitate the switching 10 and from some
Of the large mines
The company has continued It's policy
OF taking up light rails and renewing the