| From the Fayetteville (N. C.) Observer |
| |
| December 1, 1862 |
| |
| The Wilmington & Manchester Railroad |
| The 15th annual meeting of this Company
was held in Wilmington last week. The Report of the President, Thos. D.
Walker, Esq. shows the year's receipts to have been, from |
| |
Through Travel |
$297,213.53 |
|
| |
Way Travel |
103,842.15 |
|
| |
Freight and minor sources |
225,200.54 |
|
| |
Mails |
31,051.36 |
|
| |
Total |
$657,307.58 |
|
|
|
An increase of $183,843.73 over the preceding year. The
cost of operating the Road has been $230,955.92, leaving a net
revenue of $426,351.67 -- being 35:13 per cent. of receipts. |
|
The net earnings have been 17.14 per cent. upon the
entire cost of the Road. After deducting interest paid they have
been 15.88 per cent. Upon the Capital Stock they have been 37.27 per
cent. Deducting interest paid they have been 34.53 per cent. upon
the Capital Stock. |
|
The debt of the Company is$1,058,432.05 |
|
It paid two dividends during the past year, one of 9 per
cent. and the other of 4 1/2. And has just declared another of 10
per cent. |
|