The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-12-08
In RAILWAY CIRCLES.
Fourteen Carloads of Ore
From Tintic.l
COTTRELL EXCURSION PARTY
Union Pacific Figures-A nemorsl'
lied situatiOn-The Midland Meet
ing-General and Personal.

yesterday was the OOluen Gate ops
cial.
FOURTEEN carloads of ore came in
from Tinuc over the Salt Lake & West
ern Railway yesterday.
MOVEMENTS are in progress to instl,
tute demurrage bureaus at Oouncll
Bluffs, Kansas City, Salt Lake City,
CHEYENNE, Columbus, Ohio, st. Paul
and other places.
IT IS now said that thu relatives OF
Young Goodman, who was killed at
Pleasant Valley Junction on Thanks
giving Day, will soon plant a suit |
against the Denver & Rio Grande
Western for $4,000 damages.
Mr.. B. S. JossELYN, formerly Union |
Pacific stationer at Omaha, arrived IN |
this CITY yesterday morning, and later
it was announced that he had been ap-
pointed chief dispatcher of the Rio
Grande at Alamosa. Mr.. Josselyn will
he at home in the train service depart
ment, with which work he is thor
oughly familiar.
THE meeting of the directors of the
Midland will be held in Colorado
Springs on the 10th-Monday next.
There is pretty well-defned idea that
some movement of importance to the
citizens of Salt Lake will be made. 1t
is said that engineers of the Midlsnd
are now in this city awaiting the results
of the meeting on Monday.
Iris pretty we'll established now that
John Sebastian, general passenger
agent of the Chicago, Kansas q Nebras-
ka. is to be appointed general passen-
ger agent of the Rock Island system, to
succeed F.. A Holbrook, resigned. 1t
is stated semi-officially that A. b.
Farnsworth, general eastern passenger
agent of the Rock Island at New YORK,
will be appointed to succeed MI, Sc
bastian on the Chicago, Kansas u Ne
braska.
THE INJUNCTION suit of the Oregon
Transcont inental Company against the
Oregon Navigation Company has been
decided in New York in favor OF the
plaintiffs. By this decision. the latter
company is prohibited from building
branch lines as well as using the money
in the hands of the trust company or
the proceeds of the Oregon Navigation
Company's consolidated mortgage
bonds in the construction of the
branches in question. 1t is now re-
ported that the Union Pacific, in whose
interest these branches were supposed
to be built, will buy the Oregon Navl-
cation stock from the Oregon Trans
continental, and so secure control OF
7 the property without guaranteeing
; dividends on the floating stock.
TRAVEL is reported as being light.
a C6TTRELL excursion party, under
the guidance of Charlton Jacobs, of the
Grant Brothers Company, took IN the
sights of the city yesterday. The only
~ ind not epQn wGs the (ir-
casslan.
: UNION PACIFIC FIGURES.
The United States commissioner O.
g railroads has added an appendix to hi
annual summing up of the fnancia
g condition and material facts concern
e ing the several roads receiving aid from
the government. Of the Union Pacific
= he saws: cit operates twenty branches
n owned by Independent organizations
II in which it has a controlling interest
with a mileage of 2,938.S9, making {
e total of 4,763 so miles in the system
b During the past year the company ex
2. pended the sum of 1928, 907.S7 on rails
ties and bridges. The rolling stool
consists OF 382 locomotives, 3l9 passen
" ger coaches and 1872 freight cars. ]
70 has disposed of 1884, 78l.19 acres
- land for SIC, 1896, 951.l2, and there re-
IF sales the sum of S13, 538, 861.24. TIL
/ Subsidy bonds issued to this compan!
IS amount to $50, $50 ,512, and the interes
IS paid by the United States to $40, 142 1851
aggregating liability to the govern
ment of $73, 682 1863, less the sum O
D 500, 419, $50. %, repaid by the compsn
)r in TRANSPORTATION services and cas-
j. Davmenrs. The excess of interest pal
Is by the United States over all credits
sic. 723 1881, which makes the liabilit
"A of the company to the government
~ amount to $50 262, 831.51. The amour
h due from the company under the ac
~ of July l, 1862, and May Z, 1878. for tn
10 wear ending December 81, 1887, were
follows: Main line, total earnings, Sl3
497, 76O.35; total expen ses, ~ ,ol3 %
IN net earnings, $4.070, 1851, 70 per cen
in of net earnings under act or May
be 1878, 81 OH ,735. 20. Five per cent. OF II
lis net earnings and half OF the govern
lis ment transportation for the Kansas q
vision amounts to 81, ZIG, $780,, oil
from the company. The earnings fro
IS, the bridge and of Pullman cars are il
srs cInded in the above. The funded de
II If the Union Pacific Railway Compan
ca Decamber 81, 1887, was $t13 .720, l67.
LIE decrease of 81, 78S 372 80 from the ye
nreyious. The total revenue from
ng entire system was S2j 129 .5l5.45.
lty the expenditures $40 .297 ,981 So, giving
, a surplus of SO. S31, 534.07. an increase
by the latter item of 1,701 $50 .O9 over t
an preceding year.
-
re DEMoRALIZED SITUATION.
ate The agreement of the Colorado ass
zen citation. which was reached in Chica
ity the latter part of last week, by VIII
40, "a rates were to be restored, was litera
M smashed to pieces yesterday and m
oh ters are now IN worse shape than eV
ed saws the Denver NeaCs.
Early it was rumored ABOUT
of streets that the Chicago & Northwe
axe ern and Union Pacific had started II
will Chicago with rate of 80 cents per
re- on fifth class freight from Chicago
eet- Denver. This class includes grocer
ard and provisions, iron products, ana
llth fact four.ifths of the total TOM
usl- brought into Colorado from the es
10 The break on the part of the MOI
D. g western in Chicago was known IN