Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1888-11-23
RAILROAD MATTERS.

Inc NOftn IennSylVhnld TallrOau mas ue-
clared quarterly dividend of per cent
payable November 25.
Following is the statement of the Lehigh
& Wilkesbarre for the nine months ending
September 80: gross earnings, S,527Ol7;
operating expenses, Sc, 059 ,0l0; net earnings,
81, ,470, 107 interest and sinking fund, $72S,-
5O7 net suplus, $74l 900.
The statement of the "Bee" line for the
nine months ending September 80 shows
gross earnings, S., 50, 204; decrease, 1884,
06S; operating expenses, 81, OO3, ,G97; inc rease,
Sl67, ,65l; net earnings, 81, ,57S, ,507; decrease,
1851 ,7i9; interest, taxes, ETC., 81 ,420 500;
decrease, S127,247; additions to property,
S198, $50; decrease, $22S, S,0S0; deficit, $40, ,642
decrease, So, Cos.
A new line, built with the particular view
to carrying coal to and from Chic ,go 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 on the
Baltimore and Ohio.
It is estimated that the Pennsylvania rail-
road will expend between one and two mil
lions during the coming year In the construc-
tion of its elevated roads in Jersey City, and
although s., ,000, 900 were recently expended
in improvements on the Chicago terminus in
the purchase of real estate and additional
track for the Fort Wayne, a further large
expenditure is contemplated for the coming
year. The West Shore has also had 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
upon the property which they own. The
Boston & Providence has often paid in one
year more than 2 per cent. upon its capital
stock, and the Boston & Albany paid for
taxes last year "a per cent. upon its capi-
tai stock and 6.06 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 be. The millers have so thoroughly
overdone the thing and stopped the market
that flour is relatively so to Is cents barrel
7 Glow the price of wheat. Washburn has
/ already suL DOWN two mills with capacity
of z, 500 barrels IA 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 & 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, and
w. F. Weld, Boston.
"Howland's" station on the Pittsfield &
| North Adams branch of the Boston e. Albany
has been changed to "Zylonite."
General Passenger Agent Hanson of the
Boston & 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 & Albany railroad, has
| been promoted to assistant division superin-
tendent at East Albany.
The directors of the New York & New
| England road held special meeting at New
York for the purpose Of Offering the annual
reports to the stockholders and to the rail
road commissioners Vice-President Shnn
| very wisely replies to a question: I'VE will
all know Dec II who has control" Dec. IL
the annual meeting will be held.
The Boston g. Albany has recently made
several changes in station agents: Ebert E.
Barrett has been appointed at Longwood
vice q. w. Bemis, resigned; George Fl.
| Harris is appointed in Webster vice F. e. Pet
tingil, who is tranferred to Chatham, vice
Lovejoy, resigned; C. E. Lombard is ap-
pointed agent at State Line vice s. H. Clark,
! promoted; j. l.. Davis will be agent at Roch-
dale in place of G. H. Harris, trans
ferred to Webster; w. B. McNalty is ap-
| pointed station agent at Renfrew vice G. NJ
Wright, transferred to East Chatham, vice
q. e. Lombard, transferred to State Line.
General Traffic Manager Turner of the
Lowell system of the Boston 81 Maine has
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 g. Keenp, Concord & 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 Champlain
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
printed report. President Walden congrat-
ulated 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 best to accumrl-
late a good surplus to provide against
any possible loss by accident or other disas-
ter
The Boston g. Albany has established
new station five miles west Of Westf1eld,
Mass, under the name of Fairfield. An ele-
CANT stone depot has been erected similar
to the one at Allston, and Mr.. r.
L. Parks has been appointed station agent