Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1898-05-05
W, & N, RAILROAD.

Annual Meeting Of enc stnckhoidsrs nj
Iiirdsi,orn. Ia.
Special Correspondence Of Gazette and journal
Birdsboro. Pa, May .. --lhn annual
meeting Of the stuckhGldnrs Of the Viii
mingtun & Northern Railroad Go. was
held at thu Coinrany's oilicos here
to day. Tho directors, George Brooke,
4. H. Foster, john 5. Gerhard, Col.
i. Ilebsr Smith, A. Il. huston and W.
". kurtz, auhmittod their roport--the
twenty iirsg--for the year ending De-
cemher 3lHt, 1897. From this report
the following synonsis 10 gwen;
INCOME.
From passengers, SEQ, 3is. %; milk,
50, T07 IL marketing, 81, l43 %; OK
pross, S. lil.37: mails, S4, 569. rs;
freight, s3l9, 40. OF ; Telegraph, Si2} q;
miscellaneous. 81, l49, So: gross sarn.
ings, 1896, 720. 81; operating cxnenses
SSiS, 77t66; net earnings, S6G, 9i6 Is;
to which add interest received from in
vestmcnto, s2l; gross income, Soc, OIL, Is.
Deduct: Rental of leasnd lines, s., 12J;
interest on funded debt, s37, 5U0 in
terest on rual ustate mortgages, 81, 1875;
interest on car truat certificates, 81, $50 :
interest on floating dent, 81, rs. ST;
taxes, s6,3ls. 9S: total, $50, 637. 81; ret
Income, 81, 49, n.
OPERATING EXPENSES.
The operating expenses were 81. O.
por cent Of tho gross earnings ~ against
~. ~ Per cent in thu previous year,
divided ss follnws For transportation.
S.7l.GS3 II maintenance Of way, So.
HS7. 81 Office expenses, 81, 09i. IS; print
ing, advertising ami stationery, -,
13s. 70; superIntendeuCn $40, 5sG 40; car
saryice. Sa,30I. lS loss an,l damage on
freight, S2li. - miscellaneous, s., 1863. Ii /;
total, s3G5, Tii.GG.
A total of ~, l20 crossties were laid,
ami ., go cubic yards of cinGer and
3, $50 cubic yards OF ashes were usetl 10
ballasting.
MILEAGE CT ROAD.
The total mileage OF tho main line
from Wilmington to lIigh's Junction,
Pa. ia 7l.JO; OF thu silinga %. a. !;
seveu branches Wharf, Delaware River
extension, South Walnut Street, Chris.
tianu avenue, keutners, Rnckland mill
and French Creek--bring the milnage
Of the first track To So. Al, and tho sid-
ings TO 1881. The company operates
under contract Suhuylkill and Lehigh
rnilroad tracks and West Reading rail
rUad tracks for 3 50 niles, " iuh makes
the first tract; total 80 30 mica.
The company cGptrolH, by its owner
ship of majority of the capital ntock.
tue West Chester street railway, 557
miles. which connects with tho Will
mington ~ Northern rHilrnnii, Mt Lenane.
Passenger Engines ran 23i, COZ miles
anI fFpinut nno inea IID 1llU IN ilEa
Miles run to ono ton Of coal: Passen-
ger, 37.sI; Freight. -. Is; shifting.
~. Co; average number Of passenger
trains run naily. II; average cost of
running passenger trains one mile,
81. 10 cUnts; avarage number of freight
trains run daily 2G average cost of
running freight trains one mills. %. %
cents; number Of passengers carried,
353, 4l2 number the preceding year,
3j6, 37S an increase OF >. 1854 or 1857 per
cent.
Tho total equipment on the 3lst of
December, 1897, consisted of 30 l0como-
tives AMI Coz cars of all descriptions.
The ,iirectorH report the details Of
the SECURING of 200 gondoa gars. An
agreement was executed on the nth of
April, 1887, bstween the company and
James p. Winchester, Lewis @. Vande.
griit and lieury L. Scott, trustees,
under tho provisions of which the eco
cars were purchased at coat of SIG,
i33S7 ami leRseu to the company. Chr
trust certificates to the amount OF
$40 600, In denominations of $1,000,
bearing interest ut . per cent, we're
Issued. The principal is to be paid by
November lat, 1906.