| From the Columbus (Ga.) Times |
| |
| January 10, 1865 |
| |
| Macon & Western Railroad |
| We have been favored with a
copy of the President to the stockholders, December 1, 1864, by which it
appears that the gross earnings of the road for the |
| past fiscal year were |
$1,548,666.33 |
| Expense |
1,176,522.54 |
| Showing as net profits |
$382,143.69 |
| Balance from last report being |
94,850.60 |
| Gives a total of |
$347,003.29 |
| Deducting dividend No. 39 |
300,000.00 |
| Leaves as present assets |
177,003.29 |
|
| which is composed of negro property, (24
fellows) R. R. stock, Confederate bonds and 4 per cent. certificates
received for old currency. Besides this the Confederate Government owes
the Company about $500,000. |
| During the year the company
has suffered the loss by the enemy and our own military authorities, of
18 cars of different kinds besides serious injury to three engines, and
the destruction of the warehouse and engine house at Atlanta, the
warehouse at Jonesboro, and some buildings at Lovejoy's. |
| Twenty-one and a half miles of
the end of the track next to Atlanta, sustaining injury as follows: Iron
removed by the enemy, ties unhurt five and a half miles; iron destroyed
totally and ties burned, three and a half miles; iron destroyed
partially, ties partially burned 13 miles. |
| We regret to learn, as we do
from the close of the President's report, that his very able
administration of its affairs ceased with the report. Sagacious and
energetic, few if any roads have been more profitably conducted. |
| Tel. and Con. |
|