| From the Raleigh Confederate |
| |
| November 22, 1864 |
| |
| Wilmington & Weldon R. R. |
| We learn that the gross receipts of this
road for the fiscal year ending 30th Sept. 1864 |
| were |
|
$3,010,030.97 |
| Expenditures |
|
$1,864,224.34 |
| Nett Receipts |
|
$1,145,815.63 |
|
" 1863 |
|
$809,652.67 |
| Increase for 1864 |
|
$336,161.96 |
|
| The gross receipts for 1863 were
$???,401,831 over which the gross receipts for 1864 show an increase
of $1,007,108.37, while the nett receipts for the same time show as
above only an increase of 336,161.96. This is due to the immense
increase in the cost of all labor and materials which has swelled the expenditures
in ration far exceeding that attained by the increases of receipts.
The government is the great employer of Railroads, and its rate of
compensation in the present state of the currency is not much more
than nominal. |
| Wil. Journal {Wilmington
Journal} |
|