The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1888-12-13
RAILROAD MATTERS.

A dispatch from Chicago slys that the
general freight agent of the Burlington says
the grain movement on that road is heavier
now than for year.
The Northwest railroad is said to have
bought its supply of rails for the next year
at rates better than those quoted previously.
President Hughitt is reported anxious for
peace among the railroads.
The net income of the Richmond & DAN
vile company for the year to Sept 30 was
S753 496. Dividends were paid from this
amounting to $250,0OO.
Missouri, Kansas g. Texas receivers have
reduced the debt to the Missouri Pacific from
s75O000 to $3.50, 900 by the application of
surplus earnings.
Sam Sloan is quoted as saying that the
order to take no more freight over Missouri
Pacific, except at paying rates, is backed by
Gould himself. Other southwestern rail
roads WILL doubtless, follow, but it must be
remembered, he says, as there is
not as yet any fixed definite agreement,
it is uncertain how long the paying rate will
last.
The Chicago & Atlantic declines the pro-
posed Scent differential on dressed
beef, but is willing to accept 81 cents,
will accept schedule rates on other classes OF
freight.
A gang of men is employed in taking up
the rails of the Hudson g. Lancaster rail-
road built Is years ago. The company
failed soon after its completion, only one
train passing over it. 1t is jointly owned by
the Boston & Maine and Fitchburg roads
There is talk in Boston of obtaining
an injunction to stop the further removal of
the rails.
A dispatch says that ST. Paul, Omaha and
Chicago, Burlington & Quincy have cut
second class rates from so cents to 81 from
Chicago to st. Paul
The charter of the Fort Worth and Rio
Grande Railway company as amended at
Austin, Tex. indicates the line to be from
! Fort Worth to a connection with the Aran-
sas Pass road at Kerrville, distance of $50
miles. and short branch to connect near
Fort Worth with the Gulf, Colorado and
| Santa Fe railroad. The capital stock is
| $500, 900, and bonds are to be issued not ex-
ceeding $4,000 per mile to take up the out
standing bonds, amounting to $780, 600.
Mr.. Depew is credited with saying that
west bound freight rates would soon be re-
notice of the change would be sent out with
| in week He had seen all but one of the
| presidents and all were in favor of restoring
rates. eve are entirely harmonious. and
east and west matters were never in better
condition. There has been no disagreement
among the presidents. w hatever Irregular
tiles there may have been, have not been
committed with their approval. Diferen-
tials will be maintained as heretofore"
The annual meeting Of the Rockland,
Rockport g. Camden railway chose the fol-
lowing directors: P J. Carleton, Fred E.
Richards, A. F. Crockett Henry B. Cleaves,
S. E. Shepperd, P. A. Hunt, s. M. Bird, s.
d. Carleton, H. L. Shepherd. A large
amount of stock has been subscribed for and
strong sentiment is manifested in favor OF
the construction of the road. 1t will extend
from Camden or Rockport to Rockland, con-
Meeting with the Knox & Lincoln.
The Chicago, Burlington & Quincy issued
its statement of earnings and expenses fol
the month of October 1t is very favorable
report, showing for the first time this yeaI
an increase in net earnings as compared witt
the corresponding month of 1887: The gros'
earnings were 81, So2,3i2 an increase of s24.
420; operating expenses, $1,534, 600. de-
crease of SIS, 200 net earnings, 81, PCS, 2S2, ar
increase of Si5,620 For the 10 months end
ing Ocr. 81, the gross earnings were $l9
800, $50, decrease of 1888. 20l; operating
ext enses S14, sos, 29s, an increase of lois
21S: net earnings, $4,5S5, S57, decrease O
| Is f13 40