, 1872-12-27

Tic New Offices Of The Lake Shore Road
at Cleyeland..- Earnings Of the Com
pany-.-The Rolling Stock.
The Pullman Car company--Hhat 4 Boston
k1an Found --Mlscclianenus
Railroad items.

Tho Lake Shore l. Michigan Southern Rail-
way Company, in connection with tho Cleveland.
Columbus, CINCINNATI d. Indianapolis Company,
have purchased plat of ground, 1101120 feet,
on the corner Of st. Clair and Ontario streets,
Cleveland, Ohio, with the intantion Of erecting
thereon, during the coming year, @ building to
be used for tho general offices Of the two Com
punies. The plans, as aready drawn, are for Q
building containing FIVE stories and basement,
covering the whole lot. It is to be built Of
stone, and when finished will be Us near fire.
proof as house can bo made, the general
opinion being, since the great fires Of Chicago
and Boston, that no building can bo made COM
pletely 6re-proof. Tho estimated cost ia $780,
600; with the lot, 1857 900.
It is estimated that the gross earnings Of the
Lake Shore and Michigan Southern Railway,
for 1872, will amount to the large sum of 917,-
500, 900. Tho gross es -ings for 1871 wezo S14,-
799, 900, showing an increase Of about two and
three quarter millions. The taxes on the gross
earnings per year are' about per cent, or
nearly $3.50, 1000. This sum is paid over and
goes into the Treasures of the six different
States through which the road passes, tie Com
pany thus being of benefit financially to the
people Of these States, and the road great con-
yenienco to the shipping and travelling public.
The rapid increase in the business of tho road
during the past year has necesBitated the en-
ploying Of q larger number Of men than ever
before. Tho number Of employees is now II. .295.
The total amount OF salaries and wages earned
by this army of mon is SG52, 1855 per month.
This immense sum is diEbursed by Paymastor T.
s. Lindsey to all east of Toledo, and by paymas-
ter J. H. Hinkley to all west Of Toledo. 1t takes
these gentlemen about sixteen days to pay out
this sum.
The Company have added to the rolling stock
during the past year much valuable machinery
They are now using ALI locomotives, which have
run in the passenger service of the Company
since Septomber last $50, 1874 miles ; in freight
service, 593, ,034 miles. Total number Of miles
run, including working md switching, 1,172,054.
The average cost per mile for repairs was, 0G.34;
for fuel, 07-52; for enginemen, 6remen, and
wipers, 0G.37. Total average cost per mile run,
1882.
They have now on hand 130 frst-c1ass passcn-
ger coaches, Is secoud-class, 2 pay-cars, 81 emil
grant, IL postal, and 61 baggage cars,-maAing
total Of 23o cars used in the passenger business
of the Company. They have also 5000 freight.
stock, and other cars-makinE grand total OF
9,240 cars owned By the Company:
The domes and all the Mansard wcrk Of tho
company nuEu1uEGuL ueN AtpDt LII ILLS CltE%
arc being built of brick and covered with gal
vanized iron shingles, so fastened that t.:ey
cannot warp out Of shape, besides rendering
them perfectly noncombustib1e. Work is pro-
cccding rapidly us the weather will permit,
and it is now thought the building will bo ready
for occupying sometime in February next.
TIE PULLMAN COMPANY.
correspondent Of The Financier, writing
from Boston, gives the following information
regarding the Pullman Palace Car Company:
FThA cf }ha pr11 ps], r,rC
pany is 81 00, divided into 600 shares of 500
each. Tie PRINCIPAL office Of tho Company is at
but seems to perform the acts Of Treasurer; George
A. Pullman is President; c. G. Hammond Assistant
and he is TO manage affairs in tho absence Of Mr. Pull
man In Europe, now contemplated. DisidcndR on
etock re $40 Pr sharG paq in noston
office in Chicago. No financial report hes been pub
over per cent quarterly and no stock dividend can 10
made un:l tho bonds arc converted into stocks, Or
The bonds amount to s., ooo divided into thrc,
series OF sloooooo each convertible Into stock pr
after three aud within four years from date, Tie
series .re:
rr4t sesiss, sl.eoo,ooo; dated Jan. 49, 1871; duo
Second ssrcs, sl,ooooco; dated Sept. %, 1871 due
Third series, sloco,ooo; dated March 49, 1879; duo
1857.
Fourth series, 81, 100000; said to bo coming before
l0nR-
Tho bonds al bear interest at per cent, payable
Farmers Loan Trust Co., New York. Size Of bonds,
1862 and has been increased since 900 Va
r:ous times also that there we're dividends Of s.
quarterly previous to the seufug Of bonds with
extras, both cash and stock.
He concludes by saying that sttho property is
very valuable and the profits largo and incrcas-
ing"
A CHICAGO CAR ON IT'S TRAVELS.
IA NctvV V1r1y 1e+n 3o+o
car belonging TO tue Chicago l. Burlington Road is
at The Harlem Depot, to which is attached Eil!imores
compourd car axle with independent wheels: Though
far superior to any c the rst-class any y our
Eastern Toada. The purpose of the ysit Of this is
to show h1r. Miltimorcs patent and its prsctical
working the road, It has been run out several
times on tie Harlem through the courtesy Of Mr. Bis
sell, the Superintendent, and the master car-buder
strange enough could not over the New Haven or
the Shore Line Road. For the is much higher
the bridges. The train was tAken round through N1
bany 1t will pass on to Philadelphia and to New Or
the cy Lave tho new @ eh nm IN
pronounced it i great success
THE LAST CONSOLIDATION.
At meeting of tno stockholders Of the Bar
nngton y 4 Missouri River Road, held at Burhas-
ton, on Tuesday last, it was unanimously agreed
| that the Company should lease the road to the
Chicago, Burlington l. Quincy Compauv, the
lease to take offoot Dec. 81, 1872. Much interest
HAS pceu VI lalo MANIFESTED regarding the effect
the consolidation will have upon the removal OF
Offices and officers. The new managers are ii
lent regarding the matter, and nothing eau
therefore he said.
THE MILWAUKEE AND ST. PAUL.
Iho recent cold snap, and the snow OF yester-
day, not only had tho effect to delay railway
trans, but also to compel railway companies to
cease all operations On new lines. The Chicago
branch of the Milwaukee l. st. Paul Road has
been abandoned BY the workmon for some days,
TIL mt fta H..
weather. This will SO delay the completion Of
the road that tho managers do not anticipate
that tte passenger trains will be running into tho
ACCIDENT srAT1ST1Cs.
Ihe Chicago Ra1leuuy Gaze{ts tabulates the
railway accidents for the mouth ending Noyen,-
ber last, as follows: Number Of accidents, 4s9;
number OF persons killed, 245; number injured,
799. The number OF accidents was grcator in
June than any other one month Of the ten. and
a greater number we're killed by collisions than
IN any other way. If the results of tho railway
accidents Of this month we're added to these,
they would be much increased.
Mr: L.: A. Hopkins, formerly connected With