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THE WESTERN & ATLANTIC. Report of the Commission on its value and Earning Capacity. Total Mileage of th* 51o:<l aail ft K'al Klstnt** in (icoi'Kia aixl T<‘!iness‘e— ' The CununisHionS Work. Atlanta, July .‘ll —At tho last session of the general assembly, a lull was pass ed for the purpose ol making an inven tory of the property of tin* Western and Atlantic railroad. The bill provided for the appointment of a commission of three citizens of Georgia whose business it would be to go over the entire road and take an inventory of all the proper ty, both in Georgia and Tennessee. In accordance with the act Governor Gordon appointed as this commission, Judge \V. M. Reese, of Washington. C. ft. Howard, of Atlanta, and Virgil I’ow. .rrs, of Macon. The board organized last January by electing Judge W. M. Reese chairman, and selected J. 11. Troutman, of Fort Valley, as secretary, and R. If. Renean, of Atlanta, as engineer. Since that time the board has been hard at work collecting all the necessary data, which fills 110 pages of a large blank book provided for that purpose. The re port was finished about three weeks ago, but the commission was not able to turn it over to Governor Gordon, owing to his absence a portion of the time and the illness of his daughter. Last Saturday, however, the report was filed in the exec utive department, and on Monday the Governor finished reading it. The report is very lengthy, and if published in full would fill twenty columns of an ordinary newspaper. Below is printed a synopsis of the report, which covers all the salient features: CONDITION OE THE ROADBED. The roadbed between Atlanta and Chattanooga is in fine condition. Most of the road was originally graded for a don file track, and the cuts and embank ments are of full width and well preserv ed. About eightv-six miles of the main line of road is ballasted, partly with rock ballast and partly with clinker. About twenty-one miles of side-track is ballast ed with clinker. The cross-ties are in good order and in full number, and will require only the necessary usual yearly re newal which is being attended to make good those becoming defective from year to year. The sidings at Atlanta and Chattanooga and along the line of road are in good order. Generally the ties in the sidings are also in good order. The surface and allignmenr of the road is good and in fine condition (tracks, iron, etc.) From the initial point at the south or east end of the passenger depot in At lanta to near the first mile post, 1543 yards of main track was laid with steel rails weighing fifty-six pounds to the yard bet ween 18s() and 1888 at different periods. In the first 1 543 yards is com prised the freight yards, train yards, and all other tracks in and about the shops and freight house—and the estimate of iron is included under the head of sidings. From the south or east of the passen ger depot at Atlanta to the north or west end ol the passenger depot at Chat tanooga, a distance of 137 miles and 1,000 yards, the main line track is laid with steel rails weighing 5G pounds to the yard, except about three-fourths of a mile between 121 and 122 mile post which is laid with rail weighing 50 pounds to the yard. Seven miles and 1,078 yards of 56 pound rail and 805 yards of 50 pound steel rail is laid on sidings, all of which was laid in the years and lengths as per accompanying table “A.” We also submit a table “B” which shows when and where the steel rail on the main line was laid. We could not without much trouble and expense fur nish the same information as to where the eight miles and one hundred and twenty yards of steel rail was laid on sidings. Asa general rule it was laid on the end of turn outs and at points where passing of trains was most frequent, and in the yards at Atlanta and Chattanoo ga. One other table, “C,” shows the fength of time each section of steel rail this been in use with its present value. Assuming that steel rails under the ton nage of this road will last 16% years; or wear out in value and weight 6 per per cent. of its life per year. Attached there to is statement (table ‘T)”) showing the number of miles, tons, etc., of iron rail in side tracks with its value, also the mini, ber of splices, bolts, etc., and pounds of spikes with their value in the main line and side tracks, also value and number of cross-ties, laying track, etc, and the number of miles of ballast in main line and side tracks, the total of which gives the value of the superstructure of the road. Locomotives 307,400 00 ‘‘B” Cars-of every kind 379,805 00 “C” Tools and machinery in motive, car and railway departments 40,011 31 “D” Supplies in car machine and roadway dep’tm’ts 12,173 94 “E” Wood and ties on hand 2,950 00 M F” Depots and buildings, lots on which located... 127,670 00 U G” Office turn it u re, fixtures etc 9,922 50 “IT” Tanks, pumps, engines, chutes, etc 13,920 00 “I”Shanties 9,340 00 “J” Watchmen houses 1,090 00 “K” Transfer hoists 800 00 “L” Bridges,masonry, etc.. 108,025 00 “M” Houses and lots 12,500 00 “N” Value of track 738,831 31 Changing guage 26,000 00 Fencing the road 4,400 00 ©itching at Swamp Creek... „ 300 00 11,796,139 16 Estimated value of grading clearing, grubbing, bridge and culvert masonry, in cluding tunnel on 137 4-1 0 miles of main line (which inchuh-s the cost of grad ing on 23 miles of side track at f>20,000 per mile) .$2,747,000 0O Gradingof 21 rnilesof addi tional new side track 20,000 00 Real estate occupied and unoccupied by the road in Chattanooga and on line of road 1,000,000 00 Real estate occupied by the road in Atlanta 500,000 00 Present total value 6,064.139 06 THE EARNING CAPACITY. Schedule “P” shows the value of the road Cased upon its net earnings, esti mating net at 38 per cent, of gross earn ing of the Western and Atlantic railroad for the years 1884 to 1887 inclusive, during which time the road has been in competition with the East Tennessee, Virginia and Georgia railroad. Freight $3,401,775 00 Passenger 1,068,994 00 Total gross earnings for four years 4,470,769 00 Average gross earnings for one year 1,117,492 00 The operating expenses of the road being 62 per cent, of the gross earn ings, leaving a net profit of 38 per cent, of the average gross earnings, which amounts to 426,646 96 Which is the interest at 5 per cent, on 8,492,939 00 Which is the interest at 6 per cent, on 7,077,449 00 Which is the interest at 7 percent on 6,066,385 00 “Q” gross estimates of the value of the Western and Atlantic railroad rolling stock and fixtures of all kinds when re ceived In the lessees valued on basis of present value of like things. ORIGINAL VALUE. Value of Depots and other build ings on other road 111,245 00 Office furniture and fix tures 9,422 50 Bridges, masonry, etc 55,960 00 Locomotives 154,300 00 Cars 181,580 00 Tools and machinery in motive, cart and road department 29,261 00 Tanks, engines, etc., for water supply 6,970 00 Watchman houses (same as now) 1,090 00 Houses and lots 12,500 00 Supplies in machinery, cart and road depart ments 13,173 94 Wood and ties on hand (January 1871) 2,950 00 Houses for road hands (shanties) 9,340 00 137 2-5 miles grading, grubbing, clearing, cul vert and bridge, mason ry and tunnel at $20,- 000 per mile 2.748,000 00 Real estate at Atlanta 500,000 00 Beal est ate at Chattanoo ga 1,000,000 00 Total value $5,320,441 64 Part of schedule “2" and without re commendation showing increased values put on by lessees: On track, including rails, ties, ballast, etc. (Ex. 1) $ 254,182 11 Depots, buildings, etc., at Atlanta, Ch at tn n ooga and along the line (Ex. 2) 16,425 00 Bridges, masonrv, etc., (Ex. 3) ‘ 52,065 00 Transfer hoist at Eliza beth (new) 800 00 Locomotives (Ex. 4.) 153.100 00 Ears (Ex. 5) 198,225 00 Tools and machinery (Ex. 6) 10,750 00 Grading in and about At lanta and sidetracks on line of road (estimated $27,477.06) valued 20,000 00 Chattanooga track scales (included under head of office fixtures and furni ture in schedule‘G.’) 500,000 Ditehingat Swamp creek.. 300 00 Fencing the road (cost 5,- 417.22) valued 4,400 00 Amount paid by lessees to complete the passenger shed at Atlanta 7,192 32 Total ain’t increased $750,889 74 Value by lessees. REAL ESTATE. Schedule “R” showing the real estate along the line of the Western and Atlan tic railroad, with value of same, which we think might be sold without injury to the road: One house and lot in Ful ton ci unty, on west side of Western and Atlantic railroad, near two mile post, valued at $ 400 00 One forty acre lot in 17th district, 2nd section of Cobb, and known as “838’ 250 00 One forty acre lot in 17th district, 2nd section, of Cobb, known as “887”.. 400 00 One forty acre lot in 17th district, 2nd section, of Cobb, known as ‘949’.... 500 One house and lot in Mari etta, consisting of four town lots, lying back of freight depot 1,200 00 One 160 acre lot in 20th district, 2nd section, of Cobb, known as “52”.... 1.600 00 One house and lot in the town of Adairsville,lying on east side of W. &A. railroad, and known as agent’s house 600 00 One house and lot in Cal houn, lying on west side of W. & A. railroad, and known as agent’s house.. 800 00 A portion of the Dalton depot lot, 1100 feet long running parallel with the railroad, east side of the same. (It is ques tionable about selling this lot, owing to the present low valuation of property in Dalton) 2,200 00 One lot of land about three miles south of Chattanooga, containing abuut 6 acres, through which runs the Chatta nooga Belt rialroad. This lot could be sold to advantage, provided it is not needed for switching purposes iu ease the* present switching yard is moved from the city ol Chattanooga—s6oo.oo. Of the 11,314 acres now occupied by side tracks in of Chattanooga, about 5*2 acres might W J sold as per plan and map accompanying. This would in volve the removal of all switching yard tracks to some point without the city and the moving of the freight ware houses to a point near the passenger shed as shown on map, together with necessary side tracks for local freight and transfer purposes. Outside of the present switching yard is a triangular lot bounded by l.()th and Market streets and Georgia avenue; also a lot on Mar ket street formerly one hundred by two hundred feet, but owing to streets hav. ing been cut from three sides is now much smaller, as is shown in the map. The value of all available Chattanooga property is $750,000.00. Tlieir Business Booming:. Probably no one thins: has caused such a general revival of trade at Wikle’s Drug Store as their giying away to their custo mers of so many free trial bottles of Dr. King’s New Discovery for Consumption. Their trade is simply enormous in this ver} r va uable article from the fact that it always cures and never disappoints. Coughs, Colds, Asthma,Bronchitis, Croup, and all throat and lung diseases quickly cured. You can test it before buying by getting a trial bottle free, large siz* $1 Every bottle warranted. 3 There are many accidents and diseases which affect Stock and cause serious in convenience and loss to the farmer in his work, which may Lie quickly remedied by the use of Dr. J. H. McLean’s Volcanic Oil Liniment. 6-8-3 m APOsmVEC . RHEUMATiSMSCAIDHIADorTctTER. boils PIMPLIS OLDorcHROXiC Sores of ALL KiKPSaho Au DISEASE ARISING FROM an IMPURE STATE otTreBLOOD H^likimeStt. IS THE BEST o* EARTH fiWOPIANPUf ► ointment ** NEYERfAIL} To CURJ t. i.m.c. ’3 OKIY iKfaiubll cure. • • • tor neuraj-gir- • • -Sold EVERYWHERE TEETH, TEETH MADE WHITE AS SNOW * j DE-LEC-TA-LAVE WHITENS THE TEETH. BY USING. DELEC-TA-LAVE Dr. Calhoun Endorses Delectaiave. Atlanta, Ga., October 17, 1885. —I)r. C. T. brocket: My Dear Sir —It affords me pleasure, after a careful examination of the formula of your Delectaiave, to bear testimony to its value, and to state that its curative qualities are be yond question. I regard it as the name implies, a delightful wash, and can recommend it to the public. Yours truly, A. W CALHOUN, M. D. Get a bottle and try it, and you will be con vinced to its merits. Its taste is pleasant and ts aroma delightful. 50 cents a, bottle. T*J CURESWHER EA LLELSEF AILS (a H Best Cough Syrup. Tastes good. Use rjgj CrJ in time. Hold by druggists. KH H I believe Piso’s Cure i§ I for Consumption saved I ft my life. —A. H. Dowell, | § Editor Enquirer. Eden p ton, N. C., April 23, 1887. f p The best Cough Medi- iff cine is Piso’s Cure for U Consumption. Children ? ■ take it without objection. 1 If By all druggists. 25c. Jfl "Cures where all else fails. fgp ■■ Best Cough Syrup. Tastes good. Use PJi M In time. Sold by druggists. KH DRYGOODS! DRYGOODS! . . . Our Irresistible Bargains! Inspect tlie floods, compare the Prices and you must admit that We are offering the opportunity of the Season. R. H. GARWOOD, l| West Main Street, Cartersville, Ga. — ——- ■■ —■ - —— _ NORTH GEORGIA and ALABAMA —EXPOSITION.^ * TO. BE HELD AT * Rome, Ga., October Ist to 6tii Inclusive. A grand combination of the rich counties of Cherokee Georgia and North Alabama, to give the world some idea of the untold wealth of this section IN MINERALS AND AGRICULTURE. A SSOO Premium for the county making the best general display. Liberal premiums in every department. Send your address for premium list, circulars, &c., to 12ju , td . A. W. WALTON, .Sec’y, Home, Ga. M ' J't'' ‘ i r \ I 1) ON T BUY GROCERIES AT JONES A MONFORT] EAST MAIN STREET DRY GOODS A3\TD Grocery House! Is the place to go for BARGAINS In order to make room for an enormous fall stock we will sell for the next thirty days goods at greatly REDUCED PRICES! We have on hand a large lot of Gents'and Boys’ CLOTHING! That must be closed out at once. JEANS PANTS in all Styles. Don’t miss this rare opportunity to secure GREAT BARGAINS. Yours truly, GEO, W. SATTERFIELD & SON, bl7-ly BTILEBBOEO_TO_THE FRONT! W. E. Pucket, Dealer in Gen eral Merchandise, Wishes to announce to his many friends and customers that he will be in the field for 1888 with increased facilities for handling: a big: business. COTTON m COUNTRY PRODUCE, He handles nothing- but the best g-oods at the cheapest prices and gives nothing but the best prices for*, of ton and all kinds of country produce. Guanos and Fertilizers. I will handle the best grades of Guanos and will be enabled to give the farmers of this section the verv best terms. Thanking the people for their past patronage and hoping for a continuance of the same, I am. Yours to command, W. E. PUCKETT, Merchant and Cotto 1 Buyer of Stilesboro. dec22-ly DE-LEC-TA-LAVE PERFUMES THE BREATH. IN ADDITION TO OUR COMPLETE LINE OF Fancy ad Staple Groceries We carry a good line of Dry Goods, Men and Ladies HATS. We keep the Gainesville Hand-Made Shoe, the best Shoe in Cartersville. All goods delivered free. JONES k MONFORT. \ > SPECIAL BARGAINS • IN Farm Machinery! ENGINES! gullatt gins, McCormick Mowers, Thomas Bakes, Sorghum Mills, One-horse Wheat Driilw S2O to $35 Two D Drills. All guaranteed. SECOTsTD-HAUNT ID OUTFIT. Gin, Condenser, Feeder and Engine. Cheap. See me when you want any kind of Farm Machinery. THOMAS LUMPKIN, Cartersville, Ga. Office with B. F. Godfrey. BARTOW LEAKE, File, Life and AGcident Insurance! Dwellings, mercantile buildings and stocks, saw, planing, corn and flour mills insured at reason rates. Gin houses and contents insured in any portion of the county. Best of companies oi 1 sented. Office West Main street, 3 doors West of the old N. Gilreath corner. • JWfljk vvjjfF' Asvtfn?/ ri do.i