The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-01-04
RAILWAY IrLMs.

n nl4FAItH lIoN ilhbobuAkf
nih, December 81, said: The negotiAilonn
Looking 10 the lease Of the PlttsburR
Westara railroad TO the Jewett Interest are
rtated positively bv a stockholdtr OF the
former 20 nave fallen through he also
states that II the piitsburR Western roai
is leased nt all tho Baltimore Ohio COM
pany will 90 the lelsee.
The line from sigowiaey through o..
tumwa has been completed by the Chicago,
Milwaukee & 81. Paul company by May
the entire line from Cedar Rapids 10 OS
tumwa, ninety miles, will be In operation.
The bridging ls mostly IN, the grading TWO
thirds done, and one third OF the iron mas
seen laid. This will give the 81. Paul COM
pAny "A southwestern connection Tor its TWO
roads % Cedar Rapids.
The highest speed attained on railways
in England Is 6j l.2mlles an hour;ln France.
Germany and America u reaches w IL
miles. The average speed IL is mhes
an hour with English express trains, aLd
a. with French England and France
charge more for third-oless passengers than
aoy other country except Turkey. The aN'
erage fare m Turkey 10 S'75 ceutimes per
! kiometer % s mile) in France 6.I5 and Ia
| Euglan. "a. Norway ~ by tar the cheap
est country tor railway travelling, the third
class inreB there averaging ~ oentimes,
and next come Russia and Belgium, where
the average fsre Is $40 confines per kilo'
meter.
Official reports OF the Wilmington 4
| Weldon railway for the year ending Yep
TENDER 30th 1888, state that while there
| has been an increase in gross receipts OF
Sl4, 1903, there has been an apparent de-
| crease in net earnings OF Sl3,0O4 RMS
npl arant decrease comes from the purchase
oi new engines, huuuing new shops ana
warehouses at Wilmington, aud better
ments'un the read. There beng no eonstruc-
ton account, all is charged in operstlng
expenses. There has been diminuton in
throw b freights of $1,000 an increase in
local freishIs of IS 20i; an increase in
through passengers OF SlS,Ss3 and de-
crease i'm il cal passengers OF 1894. 1t has
been customary to set aside a certain
amount OF unexpended money for the pur-
chase Of rails, of which SAL $3.50 remains,
which properly belongs TO net earnings, a.
so much money was not needed for renewal
OF rail.
The sale Of the Washington, Cincinna'i
& 81. Louis railroad to syndicate com
posed of A. II. Mutip, OF New York; ii
D. Cooke, OF Washington; U. Il. Boyce,
vice-president OF the Shenandoah Valley
railroad, and others, was completed 81
Harr sonburg, Va, this week ! he road II
to run from the Shenandoah railroad In
Rockingham county, Va, via Harrison
burg, to the West Virginia line; thence
through Pocahoutss and v ebster counties
West Virgins The work is to be begun
within sixty days.
The gross earnings OF the Wilmington,
Colum bia x Augusta railway company fol
the year ending September 30. 1883, are
Sis, 500. being au increase OF $50 $40 over
the prsy.ous year. The total expenses are
There has been AN increase in passenger rs-
ceip,s amounting to SIS, 734, and in through
freight transportation Of t4,Ssl la Local
tran 100 tation decrease OF $26, 1853. Thii
latter decrease 10 due 10 = dininution o.
rates more than any other cause, and aI
one time there was an indication that there
would have to be a still further decrease o.
rates. The deficiency has been made up N
: through freight and passenger service. prin
: cipally Through" travel.
1t is we'll known to the stockholders thai
, this road. not being able to pay interest Oh
ito actual cost 10 them. had tho bonded
: debt and stock reduced, at the reorganiSA-
ton after sale under an order OF foreclosure
The owners now are nearly the same ~ Dc
= fore the foreclosure sale. This was the
3 only practicable method by which they
/ could reduce tho liability OF the company
3 Even thus reduced. 1t will depend entirely
on the rates that may be given TO II BY TIT
: commissioners of the state OF South caro-
3 lima, as 10 whether they can continue tt
pay interest on its liabilities, reduced
three-eighths below its actual coat to TIT
! owners.
, The Michigan Central has concluded no
to make use OF the Cantileyer bridge unit
3 about the first of February. There 10 goot
deal of work needed to be done before train
. can be handled conveniently. though Their
is nothing To prevent he roads using II
: once. The question Is ore 81 convenience
3 On the Canada side large Improvements ar
. going on. A new freight yard OF 400 acre
J. is nearly ready for business, and phssen
ger depot TO cos' Sll 600 is going up. 1t !
| expected that freight depot will be put M
= OIL the American side. Once ready to us
= the bridge, the road will withdraw nearl,
, all OF it's trains from the Grand Trunl
9 bridges. One way train will probably b
! sent across the International westward. ant
r the Niagara City train will be left I'm
! changed.