The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1898-01-11
p. w. & R.R. Annual Meeting

The stockholders of tie Philadelphia
Wilmington and Baltimore Railroad
Company me yesterday morning at tho
offiee of Superintendent Barnard and
elected the following directors for the Ell.
Frank Thomson, William Sellers,
Jacob Tome. John P Greer, Benja min
+. Newcomer. Skipwith Wilmer, Edward
Lloyd, II II. Warner German ii. Hunt
b, B. Comegys N. 2. Shortlidge, Pres
ton Lea John Casscls, Charles r. Pugh.
w. H. Barnes. After the eleetion a din
ner was served the directors in o private
dining car at the depot,
The sixteenth annual report of the Com.
pany showed the earnings for all the
lines during the year to 10 $s,79l, ,4S6. 49, {
The expenses wercse, .9i ,20s, 10 making the
net earnings $23S723i3s decrease of
scb5, ,69iS2 in tho earnings
The gross earnings of tn Q Delaware
Railroad amounted to Sl0S7466.36
The expenses were S766303 SO leaving
tho net earnings at 1921 i6a. 81. Expense
from other sources raise the figures to 1884,
035 33.
The gross earnings of the Delaware and
Chesapeake Railroad amounted to 500, $751;
04; the expenses were &S8,O37S4; leaving
net earnings amounting to $40, ,S43.20
The report Of the Quoon Anne and Kent
Railroad was 1855 II; the expenses. we've
pfl,U)o. OD, lGdflup a ItuCiU III tuFuluR CA>
penses of Sl3,2O7SS
The gross earnings of the Delaware
Maryland and Virginia Railroad amount
ed to $2O3, ,Ol9. 10; the expenses $l69, 169. IS;
leaving net earnings of $lSS 934
The Cambridge and Seaford Railroad
earned &2O35 10 above expenses; the Balti-
more and Potomac Railroad, SOB, 46l 90
The Washington Southern Railroad COM
pany lIati deficit of S22 00tl2.
bo fnr ba uoor rn anita
factory in view of the fact thai there was
practically an entire failure of the peach
crop on the Peninsula. While the gross
earnings show n reduction of 1855 5,694S9,
there was Il decrease in the expenses of
$3.50 SG2 46, and consequent increase in
net earnings of $34 1O7.46 The falling off In
revenue was mainly in tho peach traffic,
aud tho saving in expenses was in conduct.
ing transportation and maintenance of
equipment.
1.-THE tonnage shows an increase OF 43, l03
tons, almost entirely In the movement Of
through freight, the increase in the local
freight south having been nearly otfSot by
the reduction in tho nnrth-bound local
traffic. The ton mileage also shows an in
crease, but there wns IL further reduction
in the revenue per ton per mile.
THE passenger traffic shows a continued
reduction in volume, due largely to the
increasing trolley competition in the terri
tory Immediately adjacent to the large
cities, but there was II considerable in
crease in the through travel. The entire
traffic shows n decrease in the revenue per
passenger por mile.
"light new locomotives were built to r.
nlacn like number put out of servr'.
One passenger coach one standard horse d
carriage car, and one standard buggaA,
express car We're built to replace similar
equipment des royed or sold; and ono
h0nse and carriage car was restored to
fifty-foot baggage car. Sixty-eight freight
cars were built to replace like number of
cars put out Of service or destroyed.
During the past year considerable
work has been done in improving the
grades and alignment between Iron Hill
and Moth East, he cost of which has
been charged against the income for the
year. After charging off thisexpenditure
and the losses on branch lines, The regular
dividends were paid, aggregating per
cent, and balance of S273,G04. 13 trans
fcrred to the credit of Profit and Loss. -.
"There were 1850 tons of new steel rail
and 433, ,S77 ties used in repairs and renew.
ais. 1t mas been deemed advisable, in or
der to properly provide for the heavy
traffic passing over the lines, to substitute
rails weighing respec lively IS AMI 100
pounds to he yard for the lighter sections
he retnfOre in use