NP, MT 1/4/1865

From the Macon (Ga.) Telegraph
 
January 4, 1865
 
Macon & Western Railroad
   We have been favored with a copy of the report 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 $1,558,666.33
Expenses 1,176,522.64
Showing as net profits $382,143.69
Balance from last report being 94,259.60
Gives a total of $477,003.29
Deducting dividend No.39 300,000.00
Leaves as present assets $177,003.29
which is composed of negro property, (25 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, sustained in jury as follows: Iron removed by the enemy, ties unhurt 5 1/2 miles; Iron destroyed totally and ties burned, 3 1/4 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 administrator of its affairs ceased with the report. Sagacious and energetic, few if any roads have been more profitably conducted.

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