The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1888-11-22
RAILROAD MATTERS.

y
The North Pennsylvania railroad has de-
clared quarterly dividend OF 2 per cent
payable November "a.
Following is the statement Of tho Lehigh
e. Wilkesbarre for the nine months ending
September 3O gross earnings, S7,tsl,Ol7;
81, 40, l07; interest and sinking fund, sT2s,-
500; net suplus, Sal 600
The statement of the "Bee" line for the
nine months ending September 30 shows
gross earnings, g. $50, 20i; decrease, slS4,-
06s; operating expenses, "a, 00S,69T; increase,
sl67, 6Sl; net earnings, 81, 51s, 507; decrease,
1851, no; interest," taxes, etc, 81, 4sO, 800;
decrease, $l27, al; additions to property,
$685. 1850; decrease, 1928, $50; deficit, $40, $40,
decrease, 50, COS.
A new line, built with the particular view
to carrying coal to and from Chic lgo rail-
roads,is about to be opened. 1t is entitled the
Elgin and Eastern Joliet and extends from
Spalding on the st. Paul to McCool or the
Baltimore and Ohio.
1t is estimated that the Pennsylvania rail-
road will expend between one and two NIL
lions during the coming year In the construc.
tion Of its elevated roads in Jersey City, and
although So, 900, 900 were recently expended
in improvements ON the Chicago terminus IN
track for the Fort Wayne, a further large
expenditure is contemplated for the coming
wear. The West Shore has also had n survey
for a branch from Weehawken to Hacken-
sack to Paterson, N. j.
The state of Massachusetts, interferes very
little with the management of Its railroads
but taxation in the state is very heavy and
the state reduces taxation by making the
roads pay very heavily into the treasury
| ,.l, Aho,, la
Boston s. Providence has often paid in one
year more than per cent upon its capital
stock, and the Boston & Albany paid for
taxes last year 2 "a per cent upon its capt.
tai stock and COG per cent OF its gross
earnings Ten per cent Of the expenses
was for taxes.
The side tracks in Minneapolis Mimi, are
crowded. with cars, the local elevators are
| full and the flour market has fallen as fiat as
can DO. The millers have SO thoroughly
overdone the thing and stopped the market
that -four is relatively so to IS cents barrel
below the price of wheat. Washburn has
already shut down two mills with capacity
of Z, 500 barrels a day and now they are try
ing to form trust or rather combination
in order to reduce production until the stock
on hand is partially cleared away.
AT meeting of tie stockholders of the
Charleston, Cincinnati q Chicago railroad
in Charleston, S. c. Frank Cox of Pniladel
phia was elected president. Among the
directors are Chester W. Chaplin Of New
York, Wharton Barker of Philadelphia
James A. Rumrill of Springfield, Mass, anc
w. F. Weld, Boston.
"Howlandsh station on the Pittsfield q
North Adams branch of the Boston g. Albany
has been changed to "Zylonite."
General Passenger Agent Hanson of th'
Boston g. Albany has gone to st. Louis to at
tend meeting of representatives of Wander
bilt lines.
Mr. s. H. Clark, station agent at STATE
Line, on the Boston g. Albany railroad, ha'
been promoted to assistant division superin
tendent at East Albany.
The directors of the New York & New
England road held a special meeting at New
York for the purpose of offering the annua
reports to the stockholders and to the rail
road commissioners. Vice President Shinr
very wisely replies to question: I'VE viii
all know Dec. II who has control" Dec. l.
the annual meeting will be held.
The Boston & Albany has recently made
several changes in station agents: Ebert E
Barrett has been appointed at Longwocd
vice q. w. Bemis, resigned; George Fl
Harris is appointed in Webster vice F. E. Pet
tingil, who is transferred to Chatham, vice
Lovejoy, resigned; c. Z. Lombard is ap
, pointed agent ut State Line vice S. H. Clark
| promoted; j. L. Davis will be agent at Roch
dale in place of G. II. Harris, trans
ferred to Webster; w. B. McNalty is ap
pointed station agent at Renfrew vice c. NJ
| Wright, transferred to East Chatham, vice
g. L. Lombard, transferred to State Line.
General Traffic Manager Turner of thu
Lowell system of the Boston e. Maine ha'
! issued his usual autumn "notice to shippers
| and receivers of fruit" announcing that
commencing next Monday, that class Of
freight will be received in this city and for
ward d in warm cars as follows: Mondays
| for Nashua & Keeiie, Concord g. Claremont
and Petersboro & Hillsboro railroads; Tues
days. for Worcester; Wednesdays for Wood
stock railroad Northern railroad, Passump
sic division, Montpelier g. Wells River road
White Mountains division Upper Coos rail
road, and ST. Johns and Lake Champlair
railroad; Thursdays, for Central Vermont
railroad; Friday, for Worcester
At the annual meeting of the Boston, Re
we're Beach & Lynn Railroad company the
old board of directors was reelected unani-
mously Treasurer Fenno presented 9
printed report. President Walden congrat-
uated the stockholders on the excellent con
dition of the road and its equipment and the
| increasing patronage. He said that the re-
| suit of the years business would have al
lowed the payment of 10 per cent. dividends
but the directors thought it hest to accumu
late a good surplus TO provide against
any possible loss by accident or other disas
| ter.
The Boston & Albany has established g
new station five miles west of West field
Mass, under the name OF Fairfi.ld. An Gle
CANT stone depot h leen erected similql
to the one at A lston, and Mr.. r.
T., Parks has been a1pointed station agent.
1t is recorded as notable fact that tenn.
perance society has been formed in st Peters.
burg city which consumes immense guam.
titles OF vodky, wine and beer. The society
was founded by shoemakers and is in
creasing at the rate Of $50 new members a
week.