| From the Richmond Dispatch |
| |
| April 20, 1863 |
| |
| Richmond & Petersburg Railroad -- annual report |
| The regular annual meeting of the
stock-holders of the Richmond
& Petersburg Railroad took place in Petersburg
on Wednesday last Mr. Wm. T. Joynes was re-elected President, and, by
an unanimous vote, his salary was increased to $5,500 per annum. |
| We glean from President Joynes's report an
interesting statement of the operations of the company during the year
1862 and the condition of its property and affairs on the 1st day of
January, 1863. The aggregate earnings of the company during last year
amounted to $846,501.07, which sum was made up as follows: |
| from passengers (other than troops) |
$626,691.10 |
| from freight (for others than Confederate States |
251,771.18 |
| from troops and freight carried for Confederate
States |
258,468.79 |
| Mails |
9,600.00 |
| aggregate |
$816,531.07 |
|
| the following statement from the report will show how
the business of 1862 compared with that of 1861: |
| Gross earning of 1861 |
$846,531.07 |
| Gross earnings of 1862 |
374,516.01 |
| Excess of 1862 |
$7,005.06 |
| From passengers 1862 |
$8,691.10 |
| From passengers 1861 |
113,470.75 |
| Excess of 1861 |
$213,220.35 |
| From freights other than Gov't., 1862 |
$251,777.18 |
| From freights other than Gov't., 1861 |
151,091.92 |
| Excess of 1862 |
$00,685.25 |
| No. of passengers other than troops carried in
1862 |
117,208 |
| No of passengers other than troops carried in
1861 |
44,016 |
| Excess of 1862 |
73,187 |
|
| The President states in his report that
the rates of passenger fare have not been changed since the
commencement of the war, and that the only change made in the tariff
of freights was the addition of about 25 per cent to that which had
previously existed. It is apparent, therefore, that the increase in
the receipts of the past year, over those of 1861, was due almost
exclusively to the increase of the business. |
|