New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-04-26
EARNINGS OF THE PENNSYLVANIA.

Philadelphia, April 2o.-Iho annual report Va NN'
eral Manager Pugh, of the Pennsylvania Railroad CON
tanning detailed statement of last years operations
was issued to-day II covers tho operations OF tho
rennsylvana Railroad, United Railroads OF New-Jersoy
and the Philadelphia and Erie Railroad Divisions, anu
the Delaware and Raritan Canal The gross earnings
OF the Pennsylvania division, comprising the main lne
from Philadelphia 20 Pittsburg set down as SSo
3O5 72e and the net earnings as S10,325,o6o an IN
crease Of 1904, ,365 Compared with 1885, the totai
gross earnings Increased 81 173,4, Al per cent
Tho earnings from ireights increased s2sS7,O4o' OF
1898 per cent. and the earnings from passengers
81 eo2 512, or 2015 The express earnings increased
s39346 or 7.79 per cent, and the mail earnings ue
creased s1417o, or 67 per cent Tho earnings ironi
miscellaneous sources increased ,7o5, or l53 por
cent The net earnings show increase OF seo4 oo2'
or As per cont There increase in the oPerat
ing expenses for 1887 Of s3,17o,2s6, or 1850 PEE
cent. ,. -, ~ ,,aos NJ the
Pennsylvania Railroad Company east ot hO s"s
month in 1887 shows an Increase In gross esnso S
Of s1Ie12s; an increase In expenses Oh soi'Aoo' An
increase in net earnings OF s94,oiz'
SUCCEEDING A. MITCHELL AS PRESIDENT.
Roswell Miller. who has been the general manager
for several years. elected president OF the Chcaso
Milwaukee and ST. Paul Railway Company yesterday
The vacancy caused by the death Of Alexander Mit-
cbeu has boon kept open for long time In the hopo
that a suitable successor might be found The iato
Thomas J. Potter would have been selected proDaDiy
but unfortunately his services had been secured oy INC
Union Pacific and the Oregon Railway and NaVlga'ion
companies The names Of Philip d. Armour ana
John Plankinton were mentioned, Of course, put an
ideal railroad man desired and neither hr
Armour nor Mr. Plank!nton was rcgarried as me
proper successor Of President Mitchell The electlon
OF Mr.. Miller is said to have been opposed xcitS
by Mr. Armour and for that reason, perhaps, eAo'1u
somo comment IN Wall Street
UNION PACIFIC ANNUAL MEETING.
Boston, April 25.-The annual meeting Of the Union
Pacific Railroad Company held this morning. The
annual report, already published, was submitted
Tho action of the directors In leasing the Oregon Rail
way and Navigation Company's lines, and the oregon
Short Line Railway Company's road was conhrmed'
The following directors were elected Charles FRANCIS
Adams Frederick .Ames, Elisha Atkins, Ezra Ii.
Baker Gordon Dexter, Mahlon ID. Spauldlng,' samuel
Carr. ir. Henry H. Cook, Sidney Dillon, David Dows,
Andrew H. Grcen Colgate Hoyt Grenville NJ Dodge
James A. Rumril and John Sharp.
The only change from last years board is the cleo
ton Of Samuel M to a ,nS fse
Potter 1t is understood, however, that Mr.. Carr Is
to remain on the board only temporarily OF unui
Mr.. PottcrS successor Is appointed
MISCELLANEOUS RAILWAY INTELLIGENCE.
phia April % (Specs) )-Austin Corbin, presi-
dent Of Reading to-day to Chairman Hammet OF the
Railroad Committee OF Councils letter telling why the
Reading road anxious have decent terminal facilities
In Philadelphia. The road is willing TO pay s7oOooOo
Tho statement Of .the business OF the Balumore anu
Potomac for March, compared with that OF the same
menh last year. is follows March, 1885, gross earn
ings sl2o 720 expenses $4,000 net earnings s24S20
March 1887 gross earnings. s120 $50 expenses e74
net earnings $40 decrease in net earnings in 1885,
e20,75S.
San Diego. Cal, April o6-Ground was broken yester'
day for the Diego. Cuyamses and Eastern Railroad
which will extend about 100 miles northeast from san
Diego connecting with the Southern Pacific at DOS
Psmos The road VIII shorten the distance between san
Dsgo and the East about 300 miles Governor "ater'
man. OF California is president OF the new road
Milwaukee. April 25-At meeting OF the directors Of
the ST. Paul road late this afternoon. Roswell Miller was
elected president
Columbus Ohio, April 26-The annual meeting OF the
stockholders OF the Central Ohio Railroad Company as
reorganized held to-day for the election OF oecor
A. b. Crane Of Baltimore represented the Baltimore and
Ohio and Garrett interests in the stock The meet
ing voted for the following directors: James H. Collins
Columbus Walter B. Brooks, Baltimore; John T. Hail.
Quaker City, Ohio Daniel Applegae GAINESVILLE Joseph
W. Jenkins Baltimore Joshua g. Harvey BauInore
@. H. Kibler. Newark Ohio A. r. Crane, BaltiInQie
Osmun Latrobe Baltimore X 4 peyrios Newsrk one
Orand Smith. Cincinnati W. w. Peabody, MsdlSoh'ulo'
Ohio; David Lea, Evansville