Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-03-09

ing which time the road has been thoroughly
maintained and operated efficiently for that
cost, being about iifty-two per cent of the gross
earnings. 1t shall be the effort of the man
agement to provide for and have a largely in
creased traffic, and keep the expenditures of the
year within this limit. Satisfactory assurances
have been received from Mr. Sckles,
chief engineer and superintendent of the
line that this can be effected
The arrangements recently perfected with the
steamship lines upon the Pacific coast and the
steady growth of California in wealth and pop
ulation must result in satisfactory increase OF
through traffic. To this may be added n large
increase of local traffic, caused by the rapid de
velopment of the rich mining districts OF Utah,
Colorado, Montana and other territories, the
traffic of which in supplies, as well rs produc-
tons, must, to large degree, pass over your
line. From present indications, it would seem
reasonable TO estimate the gross receipts OF the
coming year at a minimum of S9,O0O,O00, with a
cost of maintaining and operating the line, on
this increased earning, of not exceeding, say,
S4,5OOOO0; leaving, net receipts, $4,000, 900, to
be applied to the interest and dividends if so di-
rected by the board, exclusive of the opera.
tions Of the land department.
The completion of the bridge across the Mis-
souri, river, at Omaha, within the present year,
and for which the means have been provided by
the sale of bridge bonds, as especially author
lied by act of congress, will greatly facilitate
the movement Of traffic and relieve the public
from the serious delay and annoyance incident
TO transfer by ferry. The operations of the line
for the first twenty months Of its existence as a
completed road, show net earnings sufficient TO
meet the interest upon its entire bonded debt.
This result cannot but be deemed by all practi-
cally versed in the history of new railway lines,
as indicating a successful future. The yearly
increase of traffic, costing but little additional
to transport, and therefore yielding large per-
centage Of net revenue, must soon give a value
to your property not readily appreciated mt
present
NEwBURYPoRT, March s.-As Mr.. Warren
Pettingel was driving an OK team, last night,
on Water street, he slipped in front of the
wheels by Il miSstep, and the heavly-loaded
team passed over his body, crushing him very
badly. He lived but a short time after the ac-
cident, in great suffering Mr.. Pettingell was
A years of age. He was the son of Moses Pet
tingell, Esq, of this city,
AT an adjourned meeting Of the managers OF
the several transportation lines between Boston
and New York, at the office of the Boston and
Providence railroad company, in this city, the
deliberations were entirely harmonious, and a
desire was manifested by all to reconcile con.
tictng views. The rates of transportation be.
tween this city and New York are not to be in.
creased over those Of the past year, except in a
few instances, by the removal of the discrimna
ton on certain articles, which have been hither.
to enjoyed by one or two of the lines, with the
consent of the other associated lines. To the
Metropolitan toutside) line, a concession is still
allowed, though on reduced number of CLASH
fications, as compared with the late tariff All
the other lines abide by the same tariff, that Of
the plst year. All special contracts or agree
mentS with shippers for carrying freight at less
than tariff rates, il any such contracts exist, arc
rescinded and annulled The declared object Of
the managers has not been to combine together
for the purpose of eXacting higher rates, but to
I,Ig
paying tariff.
President Eliot conferred degrees upon seven.
ty graduates from the Massachusetts medical
college, to-day. The dental department also
turned out seven graduates.
NEW HAMPSHIRE.
CONCORD, March s. Yesterday afternoon
Baruch Biddle, who keeps the depot restaurant
had about $40 stolen from pocket book in hi,
saloon. Suspicion attached to a man who had
taken refreshments and left on the down train
A description of the person was sent to Man.
chester, and he was arrested there and taken
from the cars. Mr.. Biddle then went to Man
chester, and the man gave up all the money he
had taken, and also paid up for the expense and
trouble that he had caused. He was young
and well appearing man, and the evidence
against him being light, he was allowed to de
| part He would not give his name or residence
Portsmouth, March 8. The Massachusetts
| humane society has sent $40 for White Rover
| fund The Newburyport and state societies
mention their gifts as for the crew.
The temperance nominations are advertised in
| papers here as the party has no organ in the
| county. The candidates for governor, rgroad
| commissioner and congress are the same as the
republicans, but the concillor and county com.
nissioners are all different. The three cand
dates for senator reside in Portsmouth
Charles Glazebrook, an Englishman, aged II
died in his chair on Monday night. He wa,
one of the first to introduce the stocking-weay
ing business here, which has become so famous
| through Portsmouth hosiery,