The times. [volume] (Richmond, Va.) 1890-1903, 1900-09-15
Totals $685. 100 $50, 536. 400 Inc. s6.10o
The Funded Debt compared with last

Totals S60,o43, 100 $6o,53b. i0O Inc. So,''o
The Funded Debt compared with last
year was:
1860. 1899. Inc.
Totals, s6S Soo ss5i IL s65.575,554 II sl22i.Soo
The amount expended at end OF the
fiscal year on new construction and pur-
chase of securities, provided for by inc
issue of IL per cent. general mortgage
bonds, reached the grand total of Sa..'S.
056.34 The estimated cost 10 complete
this work is $, DIG. 121,ia-
The board says under the head "Re-
marks:
The two new piers and grain elevator at
Newport News have been completed. Your
terminal facilities at tslat point, consist
ing of passenger pier, four merehah-
disc and three coal piers, two gram els-
vators and co miles of yard tracks, are
amply adequate to handle the present
business.
Tho substructure of the elevated line
through Richmond. connecting the three
divisions centering in that city, is near
ing completion The supsrstructure, as
we'll as the union passenger Statlou.
should be completed in June, l9oi. inc
latter is being constructed Jointly with
the ISeaboaru AIR Line Railway, cfeh
company assuming one-h1lf OF the totai
cost. The completion of the Ricaihonu
improvements will provide your company
with adequate facilities for handling the
growing business and make possible a
substantial reduction in the expense OF
operating the terminal.
Your directors call attention TO the
increase of about 20 per cent LII lhe ton-
mage moved and the decrease OF over
per cent. in the revenue per ton nLle. the
latter having reached the low figure OF
343 mills per ton mile. Notwithstanding
this extremely low rate, freight trans
earned S167 per mile run, an increase OF
ga per cent as compared with the pre-
vious year, due to the better loaoins Oh
cars and larger trains. The average IONS
of revenue freight per train was isS tons,
an increase of 14.S per cent as compared
with the previous year.
There were laid 17.T4T tons of new steel
rails in the main tracks and new second
track during the year, equal to 1874 mites
The main lines are laid with 20, 70 anu
lOO-lb rails, with the exception OF ABOUT
so miles, which are now being renewed
At the close of the year there were III the
main tracks lat miles OF 1O0-lp., 81 mics
of 75-lb and 115 miles of I0-Ib ran
The company owns $40 locoiiiotis 80.
passenger cars. baggage cars, etc; owned
and contracted for It'll freight cars.
and leased 80 freight cars
TRAVELLER IS HERE
Rand progress is being made on the
Chesapeake and Ohio viaduet work Ihurs-
day large conssnments OF structural
steel arrived and is being unloaded at the
Tredegar.
The immense traveller for use in placing
this steel in position also reached Rich
mond Thursday and the work OF build
iny il is now carried on. This work Will
require about a week or ten days and the
| machine will probably be the largest ever
used in similar work in the South.
| The steel for the yiaduct at the Fulton
| end of the work has also arrived ana
| is being put in place at Nicholson Street.
| RAILROAD NOTES.
| The various roads entering Richmond
| are handling many special trains and ex-
| ira cars of Odd-Fellows, coming from all
| sections of the country. The Chesapeake
and Ohio handled eighteen extra cars yes
| terday morning and preparations are being
made for a large crowd that is expected
| to go to Old Point to-day.
| Mr.. w FL. Taylor, of Norfolk. Division
! F'renght Agent of the Southern. is in
town.
Mr. W. V Richards. Land and Indus
trial Agent of the Southern. was 4 Wis.,
tor at the Southern's local offices yestcr-
day.