" general expenses 1,238 95— 4,240 04
Making total decrease in expenditures, 26,064 44
And a decrease in net receipts of. . . $30,532 11
EOADWAY DEPAETMENT.
The repairs in this departmejit have been fully maintained,
and the Roadway is in as good condition as in any previous year,
notwithstanding the fact that there is a decrease of $5,730 47
in the cost of operating same.
We have done nothing in way of ballasting since December
last, at which time the trains and hands engaged in this work
were transferred to Wilmington, to assist in lowering the grade
from the old depot on the Cape Fear River, to the Union Depot,
which has been reduced from 106 to 52 feet to the mile, and
in laying the numerous tracks necessary for the transaction of
our business, occasioned by the removal of the Union Depot to
Nutt Street.
..We have also extended out onr water front in Wilmington a
considerable distance, by using the dirt taken from the grade,
thereby not only increasing our facilities for handling freight
direct from vessels, but also giving us more yard room and adding
to the value of the Company's property.
During the year we have put in the track 1 100 tons new 56
pound iron rail, and 200 tons of steel rail, 100 of which was used
in the yard tracks at Wilmington, the other 100 tons at Weldon.
Deducting this 1300 tons from the amount of old worn rails in
track leaves us, at the present time, with about 40 miles of the
20
light rail still in use, wliicli is rapidly wearing away nnder the
heavy trains we are now running.
There is also a considerable portion of the 56 pound rail,
Avhich was put in service six, eight and ten years ago, that is also
badly worn.
For the coming year I would most respectfully recommend
the purchase of at least 2000 tons of new 56 pound rail.
The brick warehouse at Rocky Mount containing the neces-
sary agent's office and reception room for passengers, has been
completed. This gives us sufficient wareroom and passenger
accommodations for years to come, at this station. We are also
building a cotton platform at Wilson, which will be completed
in a short time.
During the year we have purchased and put in the track
69,829 cross ties, costing, on an average, about 26 cents per tie.
For the repairs of bridges and trestles we have used about
142,000 feet of timber.
MACHINERY DEPARTMENT.
AVith the exception of the tools mentioned in my last annual
report to you, tliis branch of the Road is in excellent order.
Owing to the dull season we have just passed through, and the
scarcity of money, I did not feel authorized to purchase any new
machinery for the shops, although we are badly in need of some.
I trust with increased receipts and your permission, during the
coming year to be able to replace at least a few of the old tools.
We have rebuilt one locomotive during the year, to replace an
old one, which is equal, in many respects to those purchased
direct from the manufacturers.
Below please find statements of the locomotive performance
as furnished by Master Machinist's Report:
Miles run by Passf nprer en^rines 12.'),883
" Freitrht " Si^.^TB
" Shiftinf? " 3!),2-2:$
" " Conistructinf; " 17,824
" Gravel " «.248
Total miles run 383,751
21
Cost per mile for repairs in cents 2.53
Fael " 4.35
Stores " 0.84
" " E. F. & Wipers in cents 5.68
" " all other expenses in cents 1.14
Total cost per mile run in cents 14.54
1^0 addition to our cars have been made, in way of l)uilding
new ones, all repairs have been kept up and our passen<i;er and
freight equipment are in as good condition as will be found on
any road. The Parlor cars have been completed and put in
service. The annexed statement, I think, shows conclusively
that they have proved a success, notwithstanding they were run
.only a part "of the year.
Cost of two Parlor cars ^12.500 00
* " " one Parlor car (i,0()0 00
Total cost of three Parlor cars $18,500 00
Receipts from sale of seats in cars from November 24th, 1875,
to Anjiust 1876 |6,126 56
Less porter hire and other minor expenses 475 00
Making net receii>ts of cars $5,651 56
Equal to 80i per cent, on the investment.
* Tliis car was received in exct ange for two Postal cars with the Wilminijton
Columbia & Aui;usta Rail Road. The Postal cars cost us this amount.
I will here state that the Parlor cars were not run as extra
cars attached to the train, but supplied the place of first-class
coaches which were taken off, and the Parlor cars used instead,
thereby increasing the expenses so far only as the hireing of
porters. We have always been obliged to run two first-class
coaches on our day passenger trains.
Below please find statement of Passenger and Freight equip-
ments :
PASSENGER EQUIPMENT. I FREIGHT EQUIPMENT.
First-class passenger coaches. .Ill Box cars 221
Second-class passenger coaches 8iPlatform cars 129
Mail, ba};e:a^e and express cars SjCrravel cars 20
Mail and baff^a^e cars 2
Express cars 3
Paymaster's cars 1
Postal cars 1
Parlor cars 3
Total 321 370
Note. — Last year we reported three postal cars, this year only
one, two of them having been exchanfjed for one parlor car with
Wilminjiton, Cokiuibia & Aut^usta Rail Road Co. There were also
two small express cars transferi-ed into freight cars.
TRANSPOPwTATION DEPARTMENT.
The business of this department sliows a decrease of $56,-
596.55 ; of this amount S44. 5 8 1. 4 1 is from freight. The season
just passed has been no doubt the most unprofitable, in way of
freights, that Southern roads have passed thi'ough for many
years.
The expenses are $22,583.75, less than last year. At present
I regret to say that I see no bright prospect ahead for much
increase in our revenue for the coming year ; but since the cou-
solidatioii of the f reiglit depots, and other changes lately made,
I am certain tliat the business at this point can be done at less
expense than heretofore. With our receipts the same and by
exercising strict economy in this, as .well as the other depart-
ments, we shall be able to increase the net receipts for coming
years.
The trains, both passenger and freight, have run with their
usual regularity, no accident of any importance having hap-
pened during the year.
It is now going on the third year since we have missed a
connection on our regular passenger trains.
In this respect I am proud to say, that we have gained abroad
a reputation equaled by few and excelled by no other line.
Respectfully submitted,
JOHN F. DIVINE,
Siqyerin tendent.
24
Statement of the Financial Condition, of the Wilmington^ Co-
Construction and property account $4,337,634 35
Equipment account 532.435 58
Six engines in service on W. & W. R. R. . 70,500 00
Land account 1,113 00— $4,941,682 93
Stock in Cheraw & Salisbury Rail Road. . 15,847 61
" Wilmington Railway B. Co 10,000 00
" Pioneer S. Boat Co. (p'd on acc't) 4,026 03
" Chester & Lenoir J^arrow Gauge
Rail Road Company 347 10— $30,220 74
ASSETS.
Bills receivable 1,199 40
Due from Postofflce Department 6,302 87
" Southern E.xoress Company... 341 22
" Agents \ '.. .. 10,469 94
" ex-Agents 12,221 26
" Rail Road and Steamboat Cos. 58,615 09
" Individuals 8,75195
Wil.Rail'y Bridge Co., (expenses) 38.701 46
Steamer Isis 13,496 58
New iron rails 23,472 00
Anticipated interest 112,000 00
Cash 16,363 68— 301,935 45
Profit and Loss 161,419 03
$5,435,258 15
WiLMixGTOX, N. C, Sept. 30th, 1876.
Statement Showing the Business of the W. C. d; A. B.
Assets at commencement of year $ 257,095 44
RECEIPTS.
From Freight $364,056 05
" Passengers 136,455 29
" Southern express 4,373 94
" U. S. mails 25,21152
" United States 542 51
" Minor sources 1,67180— 533,31111
" W. & W. R. R. Co., net sales of bonds. 15,052 50
" N. E. R. R. Co., balance due Gr. G.
Hull receiver 19102— 15,243 52
Funded debt increased 336,000 00
$1,140,650 07
25
luinhia and A iigiista Rail Road Company^ September 30, 1 876.
Capital stock $ 300,000 00
First mortgapre bonds 18.200.000 00
Incouie bonds 600,000 00
Certiticate of indebtedness 83(5,000 00— 4,186,000 00
FLOATING DEBT.
Bills payable due to Southern Railway
Security Company 826,000 00
Bills payable due to individuals 45,875 00
Due Wii. Railway Bridge Co. (receipts).. . 34,858 95
J)ue on pay roll 15,273 J)9
Due unpaid men 570 74
Due other comi^anies and individuals . . . 77,184 47 — 999,258 15
$5,435,258 15
F. H. GORDON, Auditor.
R. Co., for the Fiscal Year ending Sept. ^oth, 1876.
Paid operating expenses:
Conducting transportation $107,078 05
Motive power 73,444 40
Maintenance of cars 49,022 28
Maintenance of roadway 142.040 05
General expenses ' 19,963 80—$ 392,543 58
Paid taxes this year 23,133 60
Paid on construction and property account:
Real estate, moving shops to Florence, and
change of depot 50.524 45
Steam excavator and filling trestle 26,514 48 - 77,038 93
Paid judgment to S. C. R. R. Co., for main-
tenance of Camden Junction 2,369 71
Other accounts charged to profit and loss. . 169 83
Reduced floating debt 51.968 02— 54,507 56
Coupons, interest and discount 291,490 95
Assets at close of the year 301,935 45
$1,140,650 07
J. W. THOMPSON, rreasarer.
26
Statement of the Financial Condition of the Wilmington
ASSETS.
Railroad and appurtenances, including
cost of construction, &c $3,252,320 19
New equipment 75,890 23— $3,328,210 42
Stock in Wilmington Railway Bridge Co. 10,000 00
Stock in Wil. and Weldon Rail Road Co.. 3.900 00— 13,900 00
Bills Receivable 960 74
Amt due from Postoffice Department. . . . 7,317 50
" " Southern Express Co 422 01
" " other companies 22,637 85
Individuals 3,095 19
" " Agents in service. $2,454 55
Agts out of service. 19,510 45 21,971 00
Wil. Railway Bridge Co... 26,604 76
" of suspense account 2,066 31
" of cash in hand 6,476 39— 91,45175
J,433,562 17
Wilmington, N. C, Sept. 30th, 1876.
Statement showing the husiness of the Wilmington and Weldon
Assets at commencement of the year $104,712 87
RECEIPTS.
From freight $359,165 40
" passengers 201,738 09
" U.S. mails 28,886 00
" Southern Express 7,374 17
" United States 500 21
" minor sources 7,034 93—004.698 80
Interest 4,815 70
Net sales of $15,000 of bonds 15,052 50
Sale of Steamer Vesta 3,000 00— 22,868 20
Increased debt. 7,702 22
$739,982 09
27
and Weldon Rail Road Company, Septemher 2,0th, 1876.
IiIABILITIES.
Capital stock, 14,562 shares per value $100
each $1,456,200 00
FUNDED DEBT.
6 ^ cent, sterling bonds payable in London
in 1881, £129,740 at $5 per pound $648,700 00
7 "jy cent, sterling bonds payable in London
in 1886, £44,280, at $0 per pound 221,400 00
7 f> cent, gold interest bonds payable in
New York in 1896 749,000 00— 1.619,100 00
FLOATIXG DEBT.
Due individuals and other Companies 8,920 67
Unpaid dividends 6,776 00
Due on payrolls 13,108 19
Due unpaid men 295 97
Due Wil. Columbia & Augusta R. R. lessee 2,216 51— 31,317 34
Profit and loss 326,944 83
$3,433,562 17
F. H. GORDON, Auditor.
Rail Road Co., for the Fiscal Yea?' ending Sept. 2>oth, 1876
OPERATING EXPENSES.
Conducting transportation $ 83,252 86
Motive power 82,125 81
Maintenance of cars 48,939 15
Maintenance of Roadway 133,467 41
General expenses 17,936 43— $365,721 66
Coupons, interest and discount 119,933 61
Seven per cent, dividends for rental 101,601 00— 221,594 61
Judgment for personal damage 592 16
Judgment for land, damages and other
items chare:ed to profit and loss 1,187 50
Paid on construction and propei'ty account
for real estate and improvements 44,381 91
Paid W. C. & A. R. R. Co.. lessee net sales
of $15,000 of bonds 15,052 50— 61,214 07
Assets at the close of the year 91,451 75
$739,982 09
J. W. THOMPSON, Treasurer.
Note — $23,47:2.00 for lialance clue on account of iron rails used this year to be
chari^ed ni the next year's accounts.
28
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Statement showing the Earnings of the Wilmington d; Wddon
for Mails, dec, from Souihern Express Company, Col-
Throiujh Ticket Sales hy Foreign Roads, for
WILMINGTON.
Month.
Freight.
Passen-
Through.
Local.
Total.
Through.
Local.
1875.
October
8 1,846 62
7,683 30
9,529 92
441 80
1,113 41
Nov'ber
1,815 17
7,920 57
9,735 74
439 56
1,015 51
Dec. . . .
1,773 69
6,940 45
8,714 14
597 16
1,996 64
1876.
January
1,362 14
3,318 60
4,680 74
583 84
1,077 83
Feb . . .
2,514 0(1
1,964 23
4,478 23
551 91
1,211 95
March. .
2,733 17
1,856 46
4,589 63
546 65
1,199 Q,S
April . .
2,811 03
1.527 80
4,338 83
471 26
1,021 45
May . . .
3,103 50
1,068 94
4,171 99
744 83
1,289 83
June . .
1,724 59
1,668 12
3,392 71
1,213 59
899 78
July . . .
2,043 60
1,601 42
3,645 n2
696 45
772 40
August
2,502 19
2,047 44
4,549 63
946 30
753 91
Sept . . .
2,333 45
1,944 82
4,278 27
1,806 89
612 95
26,563 15
39,541 70
66,104 85
9,040 24
12,965 34
EOCKY POINT.
BURG AW.
Month
Freight.
Passen-
Total.
Freight
Passen-
Total.
ger.
ger.
1875.
Oct.. .
39 82
132 50
172
32
20 32
37 15
57 47
Nov. .
38 14
134 00
172
14
18 02
60 70
78 72
Dec. .
41 58
153 15
184
73
14 ^y^S
62 25
76 91
1876. .
Jan . . .
48 87
105 90
154
77
15 46
39 15
54 61
Feb...
62 10
90 15
152
25
14 06
25 25
39 31
March
54 79
85 20
139
99
25 54
47 25
72 79
April. .
85 78
QiS 10
151
88
21 82
34 25
56 07
May . .
58 25
69 00
127
25
27 35
29 70
57 (»5
June .
36 99
68 05
105
04
27 33
39 75
67 08
July . .
41 16
98 90
140
06
22 14
32 80
54 94
Aug. .
52 81
64 55
117
36
27 91
32 55
60 46
Sept . .
23 34
40 55
63
89
17 55
21 65
46 20
583 63
l,0j98 05
1,681
QS
252 16
469 45
721 61
Railroad at eash Agency j also receipts from ZTnitecl States
lections hy Conductors^ and for Special Trains and
the Fiscal Year ending September ^oth^ 1876.
!
CASTLE HAYNE.
GER.
Freight.
Passenger.
Total.
Total.
21
Total.
34 31
34 06
1,555
11,085
13
68 37
. 1,455
07
11,190
81
14 37
18 05
32 42
2,593
80
11,307
94
7 92
30 37
38 29
1,661
67
6,342
41
12 06
20 65
32 71
1,763
86
6,242
09-
7 54
20 52
28 06
1,746
33
6,335
96)
14 56
14 50
29 06
1,492
71
5,831
54
55 29
13 15
68 44
2,034
^^i
6,206
65
21 00
17 25
38 25
2,113
37
5,506
08
47 70
17 95
65 65
1,468
85
5,183
87
262 14
14 25
276 39
1,7(H)
21
6,249
84
3 90
13 70
17 60
2,419
84
â– 6,698
11
43
4 16
484 95
11 20
15 36
22,0(15
58
88,110
225 65
710 60
SOUTH WASHINGTOX.
LEESBURG.
Freight.
Passenger
Total.
1
35 21
41 10
76 31
24 69
35 75
60 44
44 80
35 75
80 55
21 57
22 35
43 92
23 90
34 30
58 2i)
43 39
29 70
73 09
27 69
16 05
43 74
21 83
22 90
44 73
26 12
27 35
52 47
26 98
27 85
54 83
20 48
37 50
58 28
17 56
32 75
50 31
334 22
362 65
696 87
Freiifht.
66 47
39 33
44 8(J
39 26
42 67
37 45
67 28
51 78
55 13
46 90
35 72
38 36
565 15
Passenger
73
55
55
25
43
75
38
80
32
60
22
05
41
05
36
95
27
85
28
10
37
80
46
75
484
50
Total.
140 02
94 58
88 55
78 06
75 27
59 50
108 33
88 73
82 98
75 00
73 52
85.11
1,049 65
Statement shoioing the Earnings of the Wilmmgton <& Weldon
for Mails, cfec, from Southey^ni Express Company, Col-
Through Ticket Sales hy Foreign Roads, for
DUPLIN KOADS.
TEAOHEY'S.
Month.
Freight.
Passen-
Total.
Freight
Passen-
Total.
ger.
ger.
1875.
October .
177 71
84 80
262 51
37 22
60 90
98 12
Nov
141 93
110 80
255 73
41 25
23 15
64 40
Dec
125 95
75 65
201 60
46 97
56 50
103 47
1876.
*
January.
81 99
42 95
124 94
20 81
17 35
38 16
Feb
98 84
24 85
123 69
23 10
28 50
51 60
March . .
125 33
60 55
185 90
24 25
30 50
54 75
April . . .
127 28
69 45
196 73
18 53
18 80
37 33
May ....
118 20
108 95
227 15
20 52
17 40
â– 37 92
June . . .
92 93
69 05
161 98
23 89
17 15
41 04
July
110 94
208 05
318 99
22 67
16 20
38 87
Auijust..
97 57
147 85
245 42
24 80
9 85
34 65
Sept ....
97 05
75 35
102 40
19 ^9
13 60
33 19
1,398 74
1,078 30
2,477 04
323 60
309 90
633 50
AVARSAW.
BOWDEN'S.
Month.
Freight.
Passen-
ger.
Total.
Freight.
Passen-
ger.
Total.
1875.
October.
546 05
143 60
689 65
14 27
6 45
20 72
Nov. . ..
390 78
265 60
656 38
13 45
12 35
25 80
Dec
352 52
204 20
556 72
2 28
13 80
16 08
1876.
January .
206 17
109 30
315 47
5 75
6 80
12 55
Feb ... .
313 03
107 40
420 43
3 80
3 30
7 10
March . . .
517 99
94 60
612 59
7 69
3 25
10 94
April . . .
570 91
121 0(»
691 91
1 60
2 85
4 45
May . . . .
251 59
81 55
333 14
7 05
2 05
9 10
June . .
161 81
82 45
244 26
67
4 05
4 72
July . . . .
142 15
48 70
190 85
3 15
4 75
7 90
August .
191 22
42 85
234 07
2 00
10 80
12 80
Sept . . . .
277 43
3,921 65
136 70
1,437 95
414 13
5,359 60
5 11
2 SO
7 91
«
QQ 82
73 25
140 07
Ttailroad at each Agency ; also receipts from United States
lections hy Co)iductors, and for Special Trains and
the Fiscal Year ending September ^oth^ 1876.
ROSE HILL.
MAGNOLIA.
Freight
Passen-
ger.
Total.
11 60 '
Freight.
Passenger
Total.
25
n 35
336 36
136 75
473 U
2 13
31 75
33 ^^
354 22
209 05
563 27
3 65
*
27 15
30 80
360 84
225 65
586 49
2 03
13 40
15 43j
182 63
119 25
301 88
7 40
3 55
10 95
274 72
134 40
409 12
3 95
10 90
14 85|
353 75
130 75
484 50
1 80
3 50
5 30
324 48
106 80
431 28
2 40
2 40
210 34
120 85
731 19
3 41
5 65
9 06
163 09
118 60
281 69
93
9 45
10 38
150 90
65 95
216 85
2 01
4 45
6 46
170 37
74 20
244 57
1 60
1 60
338 52
120 05
458 57
27 56
125 15
152 71
3,220 22
1,562 30
4,782 52
FAISON'S.
MOT
JNT OLI
VE.
Freiffht.
Passen-
Total.
Freight.
Passen-
Total.
ger.
ger.
284 17
83 58
368 7
5 155 68
100 00
255 68
184 91
136 60
3iil 5
1 267 33
114 00
381 33
-113 75
118 05
231 8(
) 165 46
98 55
264 01
97 71
84 80
182 5-
I 124 89
74 70
199 59
440 93
47 15
488 0^
5 168 92
77 75
246 67
269 82
72 90
342 T.
I 266 22
40 73
306 95
313 51
17 85
331 3(
i 257 27
20 10
277 37
99 29
34 93
134 2f
I 139 87
54 85
194 72
112 26
29 70
141 9(
1 86 90
33 40
120 30
98 92
42 60
141 5i
I 93 43
30 25
123 68
96 33
47 65
143 9J
5 100 34
Q^ 40
168 74
192 34
58 75
775 56
251 i){
) 199 48
) 2,025 79
50 45
249 93
2,303 94
3,079 51
763 18
2,788- 97
Statement showing the Earnings of the Wilmington & Weldon
for Mails^ (&G.^ from Southern Express Company^ Coh
Through Ticket Sales hy Foreign Roads, for
DUDLEY.
Month.
Freight.
Freight.
Passen-
ger.
Tota
I.
Through.
2,738 25
Local.
1875.
October .
70 75
36 00
106
75
246 97
Nov ....
42 67
49 65
94
32
1,681 06
497 93
Dec ... .
46 64
38 95
85
59
1,331 16
370 20
1876.
January .
February
42 74
32 83
30 25
32 20
72
65
99
03
1,527 22
1,763 53
521 55
306 87
March . . .
138 58
14 75
153
33
1,584 Q^
390 31
April . . .
97 93
30 10
128
03
950 95
427 27
May. . . .
45 77
21 90
67
67
465 18
402 81
June . . .
59 82
16 30
76
12
306 41
250 06
July
20 94
18 35
39
29
212 74
157 22
Aug:.
23 96
23 95
47
91
369 60
178 20
Sept ....
27 73
18 30
46
03
437 18
368 94
650 36
330 70
981
06
13,367 96
4,118 33
PIKEYILLE.