The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-03-23
NINETYNI
A GREAT YEAR
FOR PEWIKY
President ". ?. Hubbard'S Aunual
Report submitted to the Stock
holders Yesterday.
THE NET EARNINGS INCREASED
over Fourteen Per Cent Over 1888,
which Was Also One Of the
Road's Best Years,


yss,erday afternoon the annual meet
a.. u nc stockbolders Of the Pitts
,4s = I s.,t and kentucky RAN
-, "a ~ ~, [flna AZ
road Company was hsAl = t-'s
the foot Of Fourteenth brEeet Ans
.,ocl,hoIders nresent represented 1856
stOciAli011SA9 's,-...,,,l ,,,nv.
shares. The following uil
l,...., fo- tho ensuing year: William
siSts4 -, u Ts,t r,nTsI n
P. Hubbard, Henry n 4449', A.s
List, Sr., Joseph SpeideI' James me-
go ard n. Brooks, the two last
SFe@ anu -
named Of Pittsburgh.
Tne report u $500 .,-.,..
bard and the accompanying stast49es
showed ina. ~ q, ~" -. q. m. ,,,o,orv
for the Pewiky, tile 9est ~ siS
- the roa1 The year 1893 was one OF
- -, At, .,,,S l,,,b 1eoh
great prosperity LOT 1hlS t044' De' A's
comnals Il TO take back seas. The net
earnings we're SSs,dsS'Zi' conlpakeu "At4A
"a AKA n sn Increase OF $12,lS2.49, or
A., ,,,o,-t - Pred.
14.2S per cent. IN the EsPSFs "
l,sr4 Ey,fhta-l and the accompanying
= -. - ,,,l,t,t, o,,,s y,yiUk
al the details OF tl.e year'6 business are
~ - ..ysl, Tovsvidank
gwen uUsulBeLSsA
EJubbard's report was a. follows:
WHEELING. W. Va, Aas Oh. g, lSoo.
%S SeS ga 4 Kentucky Railroad co:
nj, me snni,ai reptrt OF the operation Of
voiis roSf. under the Lease to the Pitts
hfirrh. Cincinnati, Chicago & st, Louta
railway Company, for the year ended De
cember 81, 1893, and OF the financial cohql'
fic5 a YOUR company at that date.
49,. ..,.,Ir,-- fSt7.et IS
SLSs 49, ~. s,e,.s li7s51 Q9S eoIS9 n
SPetstiis ~ IaSsoI - eoFnnanv
6ALAhce uus 49, sS93 n
december o. A''''''''''''''''i'. - -.
.. A.. ,..aor December
amount nj uue I ls1,i ,1et eaFn-
y, nv HeS9'--'' s1O5611 "A
Payments during year 70 tIsAs
uLer: - eAnoonh
- aAlSH 1o -S'''.'''''''''' I56o0 %
June y ...' >; 5S'6SS 90
5eptelnpet SS'''''..''' ISiSSS m einn m N
december +9'''.'''''' WV =, .-.-,-- =
- ,,,,.r,r,, 80.
Balance que SGsils.P3"s 6ET7 n
g"unt tReS 49,, TSiS,.
Ada. ami; from 10y, ~.
eTslQe 1Lon rsj
for BenWooa EeAl 80 sga n
estate .''''''-'''.'f'S's-'
A/S ,av,d at tn- real
EST. IN Ben :. en- o.
Wood '...' =. 20 n n
Dc Brooke Co. lo v
IN CITY Of ,.o a.
Mheellns 80 =' IA
Expenses 800. 49V y e IA e e o. ~ IA
!. $S'tso ~ -.,g's y
49,, A.. ,,,n,,, a. nc 81
Balance que coHlpah! '''':'''''H .,sl
The net earnings OF your road for the
lie following payments: Twelve months S5as
interest on first mortgage per cent opn1s'
Sg.GlS %. twelve months interest on con sSI
selidated mortgage per cent bonds, w.
.lb; sinking tund, first mortBase per
cent bonds, 100; sinking fund. contoll-
dated mortgage : per cent o9h9s, Ss,SSS;
expenses OF sinking funds ana pre51iil!1 ~.
on bonds purchased for them, 9gl q
total, 81 GS5 0S: leaving q surplus Tor the
year 1859, after paying all chaTses against
income. OF {S.iW =
The treasarers report O. re fS5 ps ona
with Eennsy 1;.re ~ StS
lss tl2l'sIo y; - ~. 90 yHIlt,,rS,3srts
~ DO al,,;it, balanes IN hands IL
-..as,,rs 1acsTnbeI. al iS99 Si5i OI3 81
In coTnerfion with the treaSurer's Ac-
col,nt the General and income accounts
are submitted herewith, showing In brief
the result OF the years operations and
the balance sheet OF the company.
The earnings and expenses Of your road
for the year 1899 under the different heads
of ACCOUNTS compared with those for the
wear ISIS Win be seen by statements fur
nisbed herewith.
In addition 70 the foregoing. tables OF
Statistics are herewith submitted relating
10 the business OF the year 1853, as COM
pared with 1895
me results OF the operation of your
property for the year 1883 show Improve
mont IN all respects over those for the
breeding year. which were very sAtistac-
fory.
The GROSS earnings for the year ended
pecem6eT 81, .isss, we're $Si7,6iO Is. or Sli.-
gl8 ii per mile OF road. This was an In
crease 81 S5i.6i9 o., or 1223 per cent over
the gross earnings for 1885, which were
SlsS. Oh q The expenses Of operation. in
cludinc the charge for hire OF equipment,
II-ere an $40 81 being an increase OF l1.1t
1,eT cant over the amount for 1855 which