The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1897-10-05
Shows Large Increase in
Gross Earnings For
the Year.
lNCREASEIN THESURPLUS
THE TOTAL RECEIPTS WE'RE
NEARLY 100000
TIE PROGRESSIVE MANAGEMENT

4
r.. pn,. c..4. i. o..4u.. o.,
"lS'1a' oo'a'"o" - - va 80 -
Im,-ovnd ,,d .ba caah,,d u,c C,rad
Out Broad and Comprehensive Pans
For Attracting immigration.
nann<a.tnrprtS Record
Tie ANNA meeting Of the Seaboar1
a4d Roanoke Railroad Company, which
iJ,o ha held on October at Portsmouth.
,,. - 1,
= "iouS.H7 e0Is'u't'oe
ivaHcial circles. owing parity 70 lAe con
t}st which il is expected Will lie made
iIth the view Of placing control Of tho
i III Tire hands Of Northern parties. A.
iaders Of the Manufacturers RECORD
ate n,Il aware, the Seab3ard ana Roam
gke Railroad Company is the controlling
railroad II the system known ~ tie
Seaboagd AIRLINE. since it furnishes the
outlet from the system to tilcWater. II
connection with THE OId Bay Line ot
steamers operated ~ tie Baltimore
Steam Packet Comuany. II forms 4 link
..,,n.n+;n, III. - tnr,. -av.r..1 ~
the SeaLs7ard Afr-Iin. Win Baltimore
a,a ~ Nh III 40 80 af Cb..,raakn
- p-5a- - 10 ao,naf ,,.at;n@ ~ Tho
- al, ,n,{..- r.ror+.
-, "a ~ 80 :, =. fa.n.,l
a.aa.,iaa VI ~ 49, r..orts wara
f,o,a aaan r,na,y ennrc.s ari warn an-
n.rcu+I,. I.1LIi.G.3 IN no yia,v of IN
ti,ar.fry .c,rity-hollo AGAINST fla
~ -. tI>Ea ottocls hov,avnr
1877 - an.nr.s.f,I ona President -
~ g. 80 w. prnss74rt !, - I'm
rara raafoa+.a
~. Nann po.rl Ia. ~
+oina, a+a+;O+;as raal,i,o - Tho nro.an4
'ile 49, ~ $3.50 - : ~
~ $500 40 P"anata Cnmnany
49, 49, - onnondad I11bny
shnu rorr aratfrind ;ncraase i no
-" ~ no oon3it;nn 90
o : ~ LII aarh+1ass ! Torr
:" T. ~. -, is,ocl. ~
| h1raha1IarS
oIr,nn 4t a. cu,hoa.l a.
7" 1n m :. 60 no 80
an1f;nn - % go, q aonad = -
| -7-c11 - nnd,nfra nraratin, az
'1'l. .,ioau,n ~, ~.
III Mn 80 $50, ~.
= t''t1'n7 ~ oun.
"fttn {" . W 300 80 : div;drnd of
kssnaSN ), -1vrc Loft for the wear a sur
80, comnared With Sf3S.
,'roM ri" nrrc.dino ,.or m
o. $500 > 6 For the wear pn1~r.
.Iu[ne 80 1896. gross earnings from NJ
eoI1rccs wore 81 5oS GEO showing tha.
d,,Ir;nc 10 nos+ voor ,hora bas icon >,
fn[raoea NJ So4S 900 Tho Georgia on
oJina and Northern division Of thc Soo
lIard Nr-Iina i le,sa1 ia tna Soa boar,
ahd poanokn ana the RaInirb and Gas
tIn communities Tha o. nor cent Of groS.
.larp;npS r,fl tho Gaoroia. Carolina an,
Northern under forms Of +hc lease were
&2Qa 3f4 o2-S2- 3G4 on more than tn,
Interest on lis bonds.
lIhis s~urDlns was applied to r~eIucin.
le debt of lie Georgia, Carolina am
Nortbe,n road to thp Io>seoS The re
CENTS Of the Seaboard AIRLINE Fol
Railroad amounted 10 $50. 1862. g.vin.
\ snrr1us Of S46.G0026.
4ha report for the Spaboard and Roar
Fraro Railroad Company for the yea
shows cross revenue from traneportatior
If ccqSf7S3S. and a ret revenue 5
&nS5 Coils after deductrng operating *
ncnscs and taxes. Income from othc
sources Svelled = to &31S.023 o. From
! this amount a surplus was left FIR tn
wear of &55.199.49 after deductiu
charges Of al kinds and Il dividend on il
[ preferred stock of Z per cent. This
: an increase IN the surplus for tho yea
! o. S31.S1O. or nearly double the amour
! reported in the preceding year. tn
e gross revenue shows an increase Of abou
100000 over the preceding year. the gai
: being contributed by both the freight an
! passenger departments.
; The financial status OF the system. q
! indicated by this report. has not bee
! brought about by neglecting the physic;
condition of the road or restricting lec
innate expenses for maintenance Of wa
{ and transportation, as several report
2 Show larger appropriations made fo
these purposes. Nearly $4,000 more va
sffnt for the maintenance OF way durin
the past year than in 1896. IN lnerc2S
Of over II per cent, while the lncreaN
Z mi the maintenance OF equipment
mounted TO S2or3So.3Z. or over = =
t cent. making a total or about >ao.0o
T more than the previous year for the
q purposes. during the year neariy i"'
) ~ was eXncnded Tor ad1 o. nna - =