Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1906-01-11
Dls1YEAR WAS GOOD ONE
,nn Earnings We're Over $1,000, OOO'
Wv TsIs ma Est Earnings Exceeded
Half a HILTON Dollars
,,pnr INCREASE IN BUSINESS
i, ,..,sl Expenditures for I'M
provements.


.,a,rs,eh 90 The Every Evening.
~, Ian. 1.-THE directors Of the
. gD'~, Railroad Co. met here in an
ls.ie '...ion today, and submitted their
l.-. s.,,rtb annual report TO the stock
ny .y', conprisinq a statement OF oper-
holel'is a. tbe wear ended October 3lst,
. ,ao. .orofber with the reports OF the
IVY, II The two sinking funds. The
.-irgs we're as follows;
''l r-nS freight traffic, 81 ASP ,35o.55; from
..rsr traffic. $3.50, 32S64i rom ex-
,5s,He. O3202s; from mails, s54,-
lso,. from miscellaneous sources, Sl4,-
1oe, moss earnings, S2,2Ol 5l4.Oli IN
~sse f5r year. SOS. 1854.
r,re,ses-For maintenance OF way
I i,rnciures. s253. 1929; equipment,
rso.4sO. conducting transportation,
i sss9s6O6; general expenses, $40 ,5V9.zl ;
. XII onerating expenses, Sl,iOb,O5l.4zi
y. earnings. s5Ol ,s43.25, add interest
=. ,rys.tments. SIS 2s6; interest on gen
- account. s7.l9O66; rent, S4,948.42i
-, income. s582 ,26S.33; decrease, s40,-
n0 Amount transferred to eXtraor-
5r,r expenditure fund, S2l2,9I2.O5j IN
case. s2i297205.
1' e,l.rce to credit Of profit and loss ac-
.,rrt October 3lst, 1904, Ss05, 9Ts.00.
P,bnee to credit Of profit and loss ac-
-, October 3lst. 1905, SS05, DISCO.
M passenger earnings show a con-
.,-F Increase. due to the natural
~-rtb Of business along the road. Not
TAsanding the almost entire failure OF
a, Ba,h crop. gross earning shows quite
srh.iantial increase, due principally 20
M. ssinments of lumber and perishable
tgAt received from southern connec-
ti11s
1ts Increase in expenses was due
hr.i7 10 more liberal repairs Of motive
rser and equipment, and 20 the substi-
-faH Of heavier rails in permanent way
uy.
M interest charges and taxes were
rrtiarv the same as for the preceding
iar. and after paying the regular divi.
iri Of per cent, and charging against
nome 23ggO34. the amount of extra
culinary expenditure during the year
tge remained a balance of S2l2,9l2.O5
riich was carried TO an extraordinary
mmditure fund for the completion o.
imble track. stone ballast and other i'm
movements. as mentioned in last annua
np0rt
The extraordinary expenditure Of S25,
g04 charged against income covered
De following items. Right Of way an
nal estate. $3.50; Wilmington TO Har
i1gon block system, Sll,79070i Clay
tn, new coal wharf and sidings, 80
AN Delmar, coaling arrangement
g306; total. S2300O.34
The rrorertv has been maintained
excellent condition, 053 tons Of new ste'
rails 3llS pairs of spices, $500
pounds Of spikes and 9S9lS cross tie
having been put in the track during tn
year.
The Baltimore, Chesapeake & Atlant
Railway Co., in which the Delawai
Railroad Co. owns a substantial interes
Aous very satisfactory results, and a
lg meeting it's fixed charges for the ye'
li carried a considerable balance
DE credit OF its profit and loss accoui
ui Of which in March, 1905, It declare
2 per cent dividend on its preferr'
fn,k
The following directors were electe'
Hrry F Kenney, John P. Green al
Nnue Rea. of Philadelphia; Samu
hnToit, IT,. William II. Swift and w
hn W. Lobdell, Wilmington; Walter
H'iecker. Smyrna; Manlove Hayes, D
veg William 4. Watson, Milford; Jam
] Ross, Seaford; Thomas Curry, Gree
soodi Hezekiah Harrington, Harringto
William T. Records, Laurel; MUIR
'aldiver and Charles T. Westcott, Mar
Ind
AZ The election 1853 votes were ca
ne directors adopted an amendment
-e bylaws providing for the appoil
s'nt Of two assistant real estate agei
~ The Pennsylvania Railroad, owing
-e extensive additional holdings of
annny.