The Savannah morning news., 1900-10-10
ALL OLD OFFICERS ELECTED.


capitalization of tlls property consists
81 s2noo9 81 stock ana so Hp Of bonds
The nruton ana Plnaora Railway now
extending from Bruton TO Hrgiscr. q die
tance a. nfty-eirht mhes. tls been ace
qtlrod and arrangements are uudef way
for the ISSUE OF e divisional nrsf mort
sage at toH per mtf % cover tie pur.
rhaEo price ana provide for nn extension
20 the main iiur 90 az urtr riueora. which
viii remove fhs bif. ruf.e- under which
the property ta- heretofore been operated
ana improve The traffic oo1ditiou.
A paragraph le devoted py thc chairman
90 the tote presaen'. Mr " VI Conner
who diei ai la home .u Savannah. Feb
-. Jest
President Eean's report makes The fol-
loRing s7nsiur hs g. earnings. expenses
taxes and other details.
Earning irom passengers s. .g5- g3. IN
increase ~ 80 from freight A0ioC9
an increase 81 S.sed. from mails gi6..35
m inerease ~ St2 from cxpress. l.Is8
an Increase Of S122 ard from other sources
Sif7.5sa decrease 81 81 lel. the total
earnings belns S61ss.95. an increase Of
ssIAsHs
Expenses Maintenance 81 way AMI
Structures. &l.0l9 sSl, an Increase 81 Ss309l.
maintenance % equipment pl5. To- an lu-
crclse o. SUtS. conducting transporta-
ton. f2.l43 sls au increase Of Sc 40. gen
eral expenses. S9l52,s. an increase 81 ST.
b75. Total expenses, a.sL5fS. an increase
OF S-l7750
Taxes. 81, CO. an increase 81 u.sei
mnking total expenses ana taxes. s4as
40. an increase OF t-s4.g4
The net earnings including taxes. were
N.Sa.SS an increase of SO "a and the
radio ~ expense and taxes 70 earnings
was g. u. err Increase Of 80 Tables snow
ina Enoss earuinss. operating expense
and net earnings. average per mile Opcr-
ated. Averages per revenue train mile etc
are also given. Comparing the fiscal year
ended June 3D. 1910 with the previous year
the foiloWing results appear
1he revenue passengers carried during
tho year increased zl3.los. or 1859 per cent.
with an Increase In revenue passengers
carried one mile Of 2se s9s or 70i per
cent
The revenue frelrht oarrIsd during the
year Increased 25s.g29 tons. or III rer
cent, with an Increase IN tone one mile of
i0.lsS sol. or 3 " per cent. aud decrease
IN The average haul OF 1919 miles or 7s7
per cent
New steel rails placed ia track and add
tional side and spur iracks caused On in
crease b. the cost 81 maintenance OF way
The Increased cost Of miintenauce OF
equipment resulted from placing air brakes
and automatic couplers on locomotives ami
freight cars in compliance with the nation
al statutes. also from the purchase Of
three ncW sleeping cars
The Increased cost OF conducting trans
port1u0n was produced by the additional
mileage and the increase OF bus ness on
parts Of The road
During the past year there has beeu @
considerable Increase IN the cost Of labor.
materials and supplies required In the
operation Of railway property.
S,ote. county ana municipal taxes "a
creased 20 per cent
The extension OF the Mobile q Glrard
Division from Starlight 20 Andaiusia. Cow
ingion county. Alabama, distance OF six
teen miles. was opened for trafic on SEPT
p 1899
Twenty miles OF the Chatsahoochee and
Guf Railroad extending from Columbia
90 Doihan. Ala. were received and op-
craiiona thercovcr commenced Dy this
company on May 3 1907. This railroad D.
being constructed 20 the western part of
Geneva county. Alabama.
During she year one hundred and ten
new side and spur tracks we're construct
-. asFresating S.93 miles. and thirty
three side and spur tracks were extend
ed. aggregating 2.H miles. making to-
tai or sos miles OF side aud spur tracks |
constructed and extended. fe2 miles OF |
side and spur cracks were removed or |
shortened. TiSe1 crossties were placed IN |
tracA during the year. an increase Of a.. !
~ over the previous yenr. Twenty miles |
Of track were hailasted. the materials
used being stone gravel. Stag and clnders
In repairing, rebuilding and constructing /
bridges and tresHes during the year.
sherc were used 7.ts90o feet board meas
ure) Of timber. Two steel highway
bridges were constructed aud placed ln
position over the tracks. ono al College
street and the other az Fourth street IN
Macon. Forty-oue trestlcs aggreEatlng
b.1si hneal feet. were nilcd with earth
sufficient waterways were provided al
the several places consisting Of brick
arch-cuiverta. carthern pipe ana Iron pipe
New buildings were erected as follows.
general yardmaster's Office at Snvnn-
nah, a ticket Office and baggage room az
Iybee, com oination freight aud passen-
ger depots ~ Dover. Gorgins ana Por-
terdal,. Ca. and az CAN'T ana Andaiu-
ala, Ala, new passenger depot Of Ocor-
gia granite and pressed brick AZ Amer-
Gus Ga. new water tanks "a Columbus.
Williamsburg and Blakely Ca. many sta
tion buildings were added 20 ana improved
during tho year
Nine thousand and twenty tons OF so
pound steel rails were laid IN the main
track. The cost thereof together with
Sl4.2l& carried over from the previous
year. have been charged 20 maintenance
OF way. The policy heretofore followed OF
placing the released rails on branch lines
ara using the lighter rails
taken therefrom for extensions
and side tracks has been continued
The motive power and equipment have
been kept up TO their usual standard OF
excellence Three new sleeping cars were
received. as contracted FOR. and placed In
service. Five locomotives were equipped
with air-hralles and sixteen locomotives
with automatic coupler Fourteen nun.
dred and twcnty-one freight cars were
equipped with air-brakes ana three hun
cred and twenty-five with automatic
couplers Owing 20 this large expense
tho policy heretofore pursued 81 con-
rtructing cars to replace those condemned
ana destroyed was not followed during
the year. Tho following equipment 4
owned and operated by the company.
Sleeping cars. 70. chair cars. 3: passenger
cars. us. combination cars. %. baggage.
mail and express cars ~. box cars tvcn-
tiatedD. 2.22s. box cars tcommom e52.
stock cars, A5' coal cars, 975, nat cars.
l.los. other cars. 81.
Under the head 81 general remarks the
president had the following 60 s8y. $50
g732 were expended for additional rieht
OF way and station grounds FIfy-slx In
dustries were located on the lines Of a. 3
railway, consisting principally of milis. to-
the manufacture OF yarn. cloth. knit goods.
and Of products obtained from cotton seed.
These Industries are capitalized a. s. -