OCR Text |
Show Railroad Meeting Election of Officers. At the annual meeting of the stockholders stock-holders of tho Bincham Canon railroad, rail-road, held in this city 3 esterday, the following board of directors was elected elect-ed for the ensuing year: G. W. Sco-field, Sco-field, New York City; B. W. Morgan. Pittsburgh, Pa.; Georgo Goss, Salt Lako City: Charles-Lockhart, Pittsburgh, Pitts-burgh, Pa.; W. B. Welles, Salt Lake City. At a subsequent meeting of the directors the fallowing ofiVers were elected: C. W. Seofield, president; B. W. Morgan, vice-president; W. B Welles, seeretary and treasurer; Geo. Goss, superintendent. The following figures show the gross earnings, operating expenses and tonnage of tho railroad for the first eleven months of the year end-ins end-ins Oct. 31st, 1S74; Gross earnings, $103, 217. SO. Expenses, $40,711.70. Net earning", $02, 535. 63. Tonnage, PJ0,330,o-35 pounds. The above exhibit must be very gratifying to tho ahareholde-s in this young but most successful enterprise. The business of the road will certainly certain-ly increase steadily from year to year, as the many productive mines of Bingham district are developed and systematically worked. |