The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-12-30
IN RAILWAY CIRCLES.
The B. & M.-Railway Earnings a.
News Notes.


When completed it is expected that
this movement on the part of the COM
pany will be greatly appreciated by the
residents of Nebraska generally and
the inhabitants of the larger towns
throughout the State in particular The
road will be completed by the LIST day
July next.
The benefits to be derived, says the
Omaha Herald, are many, inasmuch as
the road opens up wonderfully rich
field of mineral and oil lands in north
western Wyoming, and perhaps the
greatest feature is the fact that at a
point where the road terminates is a
| bank ofcoal which, according to esti-
mates by the Territorial geologist con-
UaiDs not less than 5000 900 tons of
coal. This wonderful deposit of natures
| fuel is owned and controlled by syndi-
cate of men who are outside the regular
ring or coal trust. and if the coal barons
do not get them in hand and buy them
out. the chances for cheaper coal next
winter are very good. The mineral is
easy of access, AID it will not require
any extensive outlay to develop the
mines. Its quality is said to be equal
to that of the celebrated Rock Springs
mineral, and when road is opened it
| is altogether likely that the price of coal
will take a tumble, subject, however, to
the conditions mentioned. Speaking of
| this new mine, a prominent official of
thes Burlington remarked, yesterday,
that during the last year the Burliug-
ton road had brought to Omaha 80 0C0
tons of coal. The Union Paci6c's traf-
fic in black diamonds equals if not ex-
ceeds that of the 90" and the Mis-
souri, Pacific has deposited a no small
amount in the Gate City. Two hun
dred and twenty-five thousand tons is
light estimate for ali the roads com
bined.
RAILWAY EARNINGS.
For the month of November, 1887 and
1888, the New York Financial Chronicle
has compiled the gross earnings of 1O7
railroad companies. The total for the
month in the former year is $3l, l59 .933,
and for the month in the latter year
500 931 666, being decrease of 81, 1885,
323. This result, or something still
worse, was the only one that could
reasonably have been anticipated. In
nearly every portion of the country
rates were demoralized to such an ex.
| tent that increase in gross earnings
was impossible. We wonld be glad to
believe, if we could, that by heavy re-
auctions in operating expenses the net
results would indicate more favorable
conditions for the companies On the
months operations, but there is moth
ing upon which to base such a belief
and the likelihood is that net earnings
will show still greater declines.
To one cause, and practically to that
alone, this unfavorable showing is due.
It is not because there was not enough
traffic moved, nor because it could not
have been had at much better rates; to
the insane policy of the managers, hO.
| turned over the rate making to subordii
mates, is this loss of more than $1,000
! 900 of revenue in thirty days due. Had
rates been maintained the traffic would
| have been offered. and hencs there was
no inducement necessary to bring it to
the lines. Nothing but an unreason
able liking for strife could have
prompted such deeds as last month
Witnessed.
Of the 107 roads reported in the
L
show decreases and forty-three in
creases, and this Notwithstanding the
| fact that the mileage represented this
year is 1858 miles greater than that for
1887.
| The only thing in connection with
this whole matter that yields any salts
! faction at all is the fact that condi-
| tions can scarcely become worse. and
any change must be for the better.
| The future has q more hopeful aspect,
| because of an inclination on the part
of managers, lately revealed, to restore
rates and conduct the affairs of their
mpanies upon sounder business prin-
ciples.
WHO OWNS THE CALF?
"An amusing state of affairs has
come to light at the o. & N. railroad
Office in this city," says the Greensboro
(Ky. } Inquirer, land will cause no little
amount of work to strsighten out. Re-
Gently farmer shipped his effects over
the road, among them cow. When
the car reached RusselviIle a COW and
calf were in the car instead of only a
COW. The agent at Russelville reported
the cali to the train dispatcher as prop
erGy over, RnQ WauLeu lnSGrucCiOnS.
The train dispatcher reported it to the
conductor, the conductor to the agent
here. the agenU to Freight Solicitor
Hughes. and the matter is now in the
hands of the general freight agent for
adjudication. The matter will doubt
less come to the hands of Colonel
Bevier, attorney for the road, who will
have to decide whether or not calf
born in transit belongs to the owner of
the COW or the railroad transferring it..
In the meantime the cow and calf are
together in possession of the owner Of
the cow"
FOR PARK CITY.
Or and after January 81, 1882 the
Salt Lace & Fort Douglas will connect
with the Park City stage at Terminus
in Psrley's Canyon. Trains for Park
City will leave the Denver q Rio Grande
depot at s As a. NJ, and trains from
Park City will arrive at the Denver q
Rio G raude depot at l .55 p, m. Tickets
for sale on trains and by l. P. Kimoall
proprietor OF the stage line at Park
| City. Single fares, Salt Leke to Para
| ~: saI~