The Portland daily press., 1884-12-02
RAILWAY MATTERS.
Portland & Oadeu,1urg

- O&0cnsOuAEs
The quarterly report OF the receiver of the
Portland and Ogdensburg road, due Both of
September 1884, was fled in the clerk of
courts office. yesterday morning. iIs says:
Since the time of my last report the work of lay
ing the new rails and ties also the surfacng and
Improvement of the roadbed. has been progressing
III a very satisfactory manner, and as rapidly as
could well be done with due regard to the best
omy. With the exception of a few short gaps the
entire line has been laid in steel and the whole will
50 De laid within few days. The heavy stone
aDutment at the Conway trestle is completed and
that portion OF the trestle extending from the grade
level to the abntment, distance of about 500 feet,
made solid.
On the 2lst of July l closed contract with the
PhenM Bridge Company tor an iron yiaduct to take
the place OF that portion of the old wooden treste
extenulng from the abutment to the iron bridge, 8
distance OF 4o3 feet. also at the time agreed
with the same company upon the terms on which
they ID would strengthen the two iron bridges built
by them before the opening OF the road and span
ming the Saco river at Conway Centre and Hiram
the very heavy rolling stock now in use requiring
more substantial structures than was thought nee
eesary in the earlier days of iron bridges The vi
aGuds on tSa iS,b y now dsy 81 process Of erection
with the Naqars BrdSe 81 Sa @
over the Wiley and Albany brooks. A con-idersble
amount of work will have to be done all the old
bridges some of which will probably be replaced by
new structures. This matter is now receiving the
earnest attention of the proper officers.
a new locomotive suitable for passenger service,
mas peen purchased and paid for. Arrangements
have been made with the Portland Company to fur
nish the road wi two very large Mogul engines for
heavy freight service Quite extensive repairs have
been made upon several of the station houses.
The gross earnings for the quarter ending Sept.
50, 1854, were 5133 78S.OS. of this, $46 ,607 O6
were freight earnings, and $84 112.2 passenger
earnings. The gross operating expenses, Including
purchase of locomotives repairs of road tracks
and bridges mentioned above were $7S, ,149iS. The
net earnings OF the road for the past three months
are therefore, $5o, ,63S 80. The net earnings for
101.01.
AuuuaI Ep.r~,,, ,s So
The annual report of the Directors OF this
road for the twelve months ending September
20 has been published. The financial state
ment which it contains has already been given.
In addition the report gives the parti oulars of
the improvements that have been made, and,
also, reference is made to the proposition to
lease the Eastern Railroad. The report SAYS
that "the work upon the double track, which
was in process of construction at the close of
last year, between Old Orchard and Scarbor-
ough, and on the Lowell and Andover Road,
has been completed; and during the present
season an addition OF eight miles has been
made from Old Orchard to point about half
way between Biddeford and Kennebunk max
ing in all twenty miles west from Portland and
about sevsnty-two miles between Boston and
Portland, leaving forty-three miles TO be- built
to give us second track complete on our en-
tire main line.
During the last five years we have added
forty miles OF double track, aud if the work
should be carried on st the same rate it would
be completed in about five years. Your directors
think 1t desirable that the work be continued
as fast as circumstances and the finances OF the
company will warrant. The desire of yoar
directors to have fret class road in every re-
spect, aud their wish TO make the safety OF it's
patrons their first consideration, has led them
during the past two years to reconstruct or
strengthen nearly all the iron bridges between
Salmon Falls and Portland.
BY the thild article OF the lease of the East
ern Railroad provision is made for the issuing
OF bonds for the purpose OF paying for such per-
Inanent improvements as the reconstrucilon of
buildings and structures for terminal facilities
Tor freight and passengers at Boston and Port
land, TOR increase in track mileage, and in ad-
ditlonal rolling stock, made necessary by the
requirements OF business. A sinking fund is
established for the redemption of the bonds,
which, with the interest on the bonds, is to be
PAID out OF the joint earnings of the road as
part OF the operating expenses. Your Girsc-
tors recommend that you authorlZa the issuing
OF bonds. to be known as improvement bonds
to be issued for the above purposes, at such
times as may be needed, or as the directors
may think to be most adysn agt ous to the CON-
pany, to an amount not exceeding 81 OO000O
Franhlin e. Hregantic.
The rails of the Franklin g. Megantic railroad
we're laid to Kingfeld, the northern terminus, last
week. The first train entered Kingfield Friday
forenoon, mid the booming of cannon and cheers
Men, women and children assembled in large num-
bers to witness the arrival of the first locomotive
into town. Regular trains are expected to be run
ming by New Years.
Notes.
Proxies are in active demand from stockholders,
not only for use at the Boston & Maine and New
York & New England annual elections bu6 for the
Worcester, Nashua & Rochester, in which road
there is likely to be several changes of directors at
the meeting today. If successful the new board of
directors have an important scheme in view as re-
CARDS the future of the Worcester s. Nashua
Judge Colt, at Providence, r. L., yesterday morn
ing, refused to grant the injunction prayed for by
Francis W. Hill ct of ,l,ir,orit..