NP, MT 12/20/1864

From the Macon (Ga.) Telegraph
 
December 20, 1864
 
Wilmington & Weldon Railroad
   The Wilmington, N. C., Journal learns that the gross receipts of this road for the fiscal year ending 30th Sept. 1864, 
were $3,010,039.97
Expenditures 1,864,224.34
Nett Receipts $1,145,815.63
   "          "      1863 809,652.67
Increase for 1864 $336,162.96
   The gross receipts for 1863 were $1,402,831, over which the gross receipts for 1864 show an increase of $1,607,208.37, while the nett receipts for the same time show as above only an increase of $336,162.96. 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 increase 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.

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