The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-01-24

The official returns in advance of the
New York Central railroad for the fiscal
year ending September 30, 1878, are at
hand. The company presents a better state
ment than ever before. The gross earnings
for 1872 and 1872 were 1900, 900 opc-
rating expenses S13,600,00 making the net
earnings S11 800, 900, which is an increase
in the net income during the last year of
$3.50, 1914, or nearly two and three quar-
tiers per cent on the $50, 429, 300 of the
share capital of the company. This sur
plus, instead of being divided among the
stockholders, has been principally devoted
TO roadway grading and bridging for the
third and fourth track
The general ticket Office of the Vermont
& Massachusetts railroad company has been
removed from Fitchburg to Boston. The
Office of the freight department of the road
will remain in Fitchburg, under charge of
u. f. Young, master of transportation,
who with assistant superintendent Gomez,
is still retained in the employ of the Fitch
burg road.
The Portland & Ogdcnsburg railroad
road company arc pushing forward their
works at the Notch with all the energy that
can be brought TO bear by go sturdy work
men, with the aid of nitro glyccrinc.
The gross earnings Of the Erie railway
for the year ending 1878 were S20,012, COG
and thccNpcnscs, including dividends. SO
CAB, 1872, showing surplus of Ss36S,SH.
Baltimorcaus are having sensation, the
result of the rivalrics of the two great rail-
road companies Baltimore IL Ohio and
Pennsylvania Central. Considerable cx-
CitemCnt was created at the office of the
Pennsylvania railroad 10y an announcement
posted in conspicuous place that tickets
| could hc bought there Tor points on the
Baltimore Is Ohio railroad cheaper than at
the companys own office ON the other cor
ncr. To those no, posted, this manTuvrc
| Of the Pennsylvania railroad would seem
to be u losing one, but ii is Just the CON
tralY. The explanation is as follows: In
Philadelphia the Baltimore & Ohio railroad
| company sell tickets to Pitsburg for S. 80
These tickets arc in two sections one is
taken up on the Baltimore & Ohio railroad
The value of the first section is -. 10, the
second S2.3j. The Pennsylvania railroad
goes to work and buys up in Philadelphia
all the tickets they can at $3.50 for each
one from Philadelphia to l'ttsburg They
then dctach the first part of the tickets
which entities the holders to y trip from
Philadelphia to Baltimore. and sell them to
passengers for ~. II each The remaining
coupons are good at any time for use on the
Baltimore ~ Ohio railroad from Baltimore
TO Pitisburg and for all stations between
those points. The rates on this road from
Baltimore 20 llarpcr's Ferry and points be-
You'd 90 Pitlshurg are over $3.50 n pas
scnger.
Some twenty-five western railroad COM
panics recently signed an agreement bind
ing each one to issue no more free passes
over its roNd, except to its own actual en-
ploycs and about half dozen OF the lead.
ing general officers of other companies.
| This viltuOus resolve was commented on at
the time in glowing terms 10y the western
press us long step towards reform. But
the agreement is sometimes evadcd. The
Chicago 4 Alton railroad company has is
| sued pass No. 1876 to member Of the Hi
! nois legislature, certifying that he is enti-
tied to travel free during the year 1874 be-
cause he is director in the company.
The Introduction in the MARYLAND Legis-
| lature of resolution which looks towards
the ahrogation of the charter of the Balti.
more " Potomac railroad, caused good
deal Of excitement among the officers of
| that road. and also the Pennsylvania COM
pany, 10 whom the Baltimore & Potomac
railroad belongs. The resolution was I'M
derstood TO be prompted by the Baltimore
! " Ohio railroad, as n measure of revenge
| upon the Pennsylvania road for refusing
TO transport its cars between New York
and Philadelphia. The Pennsylvania road
threatened to apply to Congress for relief,
under a section Of the constitution giving
it power to regulate commerce between
| states