The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-10-11
CENTRAL'S ANNUAL MEETING.
CONTINUED From Eighth Page.)


the physical operations and condition of
the road during the fiscal year ended June
SO, 1899. is of interest. The report shows
the tota4 mileage operated during the year
TO have been as follows: Proprietary lines
L179.13, leased lines, SSj.S2, Ups0n County
Railroad, 1925; less Lyons branch, leased
TO Georgia and Alabama Railway cOmpa-
ny, $500.
The total earnings for the year were 3d.
767 ,345, an increase of $260,276 over the pc
vious year, divided as follows; Passenger,
81 1926 1862, an increase of $2oo,9S7; freight W =
71S, 456, a decrease of $15,0Sl; mail, $l5l S23;
express, $S0,241; miscellaneous $iS5, 46S; an
increase of $6S, 484.
The expenses were as follows: Main
tenance of way and structures, $780, 1872,
an increase of $26004; maintenance of
equipment, S528063, a decrease Of SAB;
conducting transportation, s., G97 419, an in
crease of 1913 693; general expenses, $22S,-
704 a decrease of S, 953; taxes, $206, 1888 an
increase of $50 sol. This shows a total
for expenses and taxes of $3966,711, an in
crease of 1856, SOP, or 9SS per cent. over the
previous year. This left net earnings
from operation of 81 S00.634 a decrease of
500 256, as compared with the previous
year. Adding to this the income from in
vestments, including steamships, $152, 102 Il,
the rental of the Lyons Branch, $43,500, and
miscellaneous interest and rentals, $l9,-
G1541. the total income for the year is
found 20 be $2015, S521S
The increase in passenger revenues was
partly on account of the location of the
several military camps on the line of the
road during the fal and winter of 1898
and the consequent travel between the
same. The decrease in freight revenue is
stated to be due 10 the downward ten
dency of rates and the larger proportion
ate amount OF low rate tonnage handled
The increased cost of maintenance was
due in part to the new steel rails
that We're charged out during the year
The increased cost of conducting trans
portation was in consequence Of the move
ment of United States troops and supplies;
increased cost of fuel and other supplies
and the methods employed for advertis-
ing the many advantages and resources
of the district traversed by the railway
Site, county and municipal taxes were
increased and in addition to these the war
revenue tax became effective July /, 1885,
and continued throughout the year.
The balance of the $500 tons of S0-pound
steel rail- mentioned i'm the annual report
of 1898, were placed in track, and an addi-
tional 5.2l2 tons of the same standard,
weight and size, making a total of 10,7l2
tons of this rail in use. The cost of the
same was charged OUT during the year
with the exception of $l4,22l.33 carried for
ward to the present fiscal year. The re-
leased rails, weighing from 6lla to 6S12
pounds were used on parts of the main
line to replace rails of lighter weight.
During the year 644S96 crossties were
placed in track, fifteen and one-haf miles
of track were ballasted, and 7O52,S2S feet
of timber was used in constructing, re-
pairing, renewing and rebuilding tresties,
bridges and waterways, and a number OF
minor improvements were made besides
the building of several dep0ts and addi-
tions to freight accommodations.