Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1906-10-05
INDUSTRIAL NEWS
Items That Will Interest Our
Readers

Items That will Interest Our
Readers
The Cairo & Kanawha Railroad Co.,
it is reported, will immediately begin
building an extension about seven
miles long.
The Orange & Keysville Railway. the
Manufacturers Record is officially in
formed. purposes to build at least Az
miles of line TO run from Keysvllle
junction. on the Southern Railway, TO
the crossing of the Tidewater Railway
near the Charlotte county boundary,
crossing the Norfolk s. W Western Rail-
way at Farmville and connectingwlth
the Chesapeake & Ohio Railway via
the Willis Mountain Ioute.
The twenty eighth annual report OF
the Chesapeake & Ohio Railway Co.,
covering the fiscal year ended June ~,
1905, shows the sy stem to be in very
prosperous condition. The gross earn-
ings were $24. 4.6O2. .9s8, an increase OF
s., 1878 GIT as compared with the fiscal
year ended June 80, 1905. The expenses
we're $l4,S69,649. increase 81 l,S4S, 4oS
The net earnings were SO, 1888, in
crease s., ,O3O, l2S; gross income 9,937,-
691, increase $2,057. 1914; net increase
after payment of interest, taxes, etc.,
$4, ,6O7 ,223. increase 81, 735, ,5S4. AS the
freight earnings increased very nearly
2l per cent. and the passenger earnings
increased very nearly 8 per cent. the
rate of progress shown by the compa-
nv is impressive. The freight earnings
amounted to $19, ,395, ,555 and the pass
enger earnings $4. .242. .555; balance to
credit of profit and loss $l.544,7l3.
The company is operating total OF
1927 miles of line. an increase OF ll9
miles.
NEW RAILROAD CHARTERED.
The project to build a railroad
through the South Branch Valley. trav- /,
ersed by the Potomac river, is assum- |
ing definite shape. A charter has just
been granted under the laws OF West i
Virginia for the Hampshire Southern
Railroad Company, the incorporators
being Duncan Sinclair, superintendent !
of the New Central Coal Company in :
the Fairmont field, formerly OF Midlo- |,
THAN. Allegheny county. Md; Ray
mond Abpaticchio and William b. !
Cornwell, of Fairmont, and John ).
Cornwell, of Romney.
The capital is $4,000 The road is
nroiected to begin at Spring Gap and
rnn via Romney through Grant and
Hardy counties to Durbin, to connect
with the Chesapeake and Ohio and
Western Maryland railroads. IL Is
said the contract will soon be let. Mr.
Sinclair owns large timber tract In
the South Branch section.
WABASH ENTERs PHILADELPHIA.
IT is announced that the Wabash |
system has not only arranged out mas
already secured it. In other woros'
the Wabash terminal will be within NJ
teen feet of the Broad Street Station
of the Pennsylvania
The plan upon which George doulo
operated to get the Wabash into fnll-
adeIphia was simple. Two electric rail-
way companies have been built TO the
western boundary of Philadelphia at
Sixty-third and Market Streets one
of them runs to W estchester, with
branch headed for Washington, u. O.'
via Chester, Wilmington and baiti'
more. and the other to Ardmere' Mone
pomery county, and headed for SchuVi'
kill Valley points. The latter roao Is
called the Philadelphia and Westcnes-
ter. The Wabash has also secured
charter to tunnel the Delaware River
to camden from the eastern end OF the
subway, giving it access to the sea-
board.