| From Abingdon Virginian |
| |
| October 16, 1863 |
| |
| Mr. Dodamead's Report |
| We have before us the Annual
Report of Mr. Dodamead, General Superintendent of the Va. & Tenn.
Railroad. This report exhibits the Co. to be in a very prosperous
condition, notwithstanding the immense increase of expenses. |
| The total earnings of the road for
the fiscal year ending 30th of June, was |
$1,782,033.98 |
| Total operating expenses |
722,486.26 |
| Leaving a net balance of earnings of |
1,059,547.67 |
| This gives a gross increase of earnings over the
previous year of |
$729,847.04 |
| The increase of expenses over the preceding year
is |
$260,056.45 |
|
| There were but two accidents
to passengers during the year, and neither of these would have
occurred, if they had been in the cars, where they ought to have been
-- both were upon the platform. |
| We shall avail ourselves of
farther reference to this report hereafter. |
|