The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1888-11-01
RAILWAY MATTERS.

80 we'll sustained for years There Is no in
timation Of cutting on business, either east
or west bound, and in spite OF that the bust
ness continues SO large that all the companies
report daily shortage of cars 1t is impos.
sible to place any orders for motive power
for immediat, delivery and the car works
are all full of orders
The New York & New England road finds
business quite lively in Connecticut Just at
present, the political campaign necessitating |
the carrying OF large delegations OF torch
bearers from one town to another nearly |
every night.
Treasurer Blanchard, General Passenger
Agent Flanders and Assistant General Pas
senger Agent Storer of the Boston " Maine
are visiting the various station and ticket
agents on the Passumpsic division to
consult with them regarding returns and
accounts. A special car took them from
Boston.
Engineer Potter of the New York g. New
England is one OF the youngest engineers ON
the road. but he is also one of the best. lie
runs the o'clock "limited" between Boston
and Willimantic, and is famous for always
being ION time" He is also famous for al
ways appearing with clean shirt and col
lar, and, though no "dude," is one OF the
neatest looking men to be found anywhere
on q locomotive.
The annual election OF officers OF the Dan
bury g. Norwalk railway resulted as follows
President, T. st. John Lockwood; vice-presi-
dent, G. H. Merritt: secretary and treasurer,
C. e. Robinson; register, l.. c. Belts; direc'
tors, F. ST. John Lockwood, William n
Starbuck, Charles L. Rockwell, Charles II,
Merri. {, John H. Macauley, William B. L,
Lockwood, John II Perry, Eben Hill, J, A.
, Bostwick, Stephen II. Smith.
! An important law suit involving about
$500, 900 is now in progress in the United
States circuit court before Judge Howell E.
jackson. 1t is the Wabash, ST. Louis and
Pacific railroad litigation, on the Application
to the court on behalf of parties interested in
seeking to restrain the court OF common
pleas, of Lucas County, Ohio, from selling
the property under a decree OF that county
while such property is in the jurisdiction OF
the United States circuit court. The next
question to be considered is thu consoit-
dation of the suits pending to foreclose the
different mortgages on the company's prop
erty.
The Chicago, Rock Island & Pacific is
rapidly pushing its way into the southwest
in an effort probably to head off the Atchi'
son, Topeka 81 Santa Fe. 1t is now authori
tatively stated that the Rock Island is ar
ranging to build direct from Liberal, Kan,
to Ell Paso, Texas, and this is of particular
significance when considered along with the
b Dutluln5 OIL Tue hdUSiS Slty, uop ~ -'iN<N
co The latter company have 1000 tons o
steel rails en- route from New York ant
about twenty miles of the road bed arr
already graded,
The actual gross earnings Of the kansa
CITY, Fl Scott 81 Memphis for Sept. wer
S377, 0i2 a decrease SAB, 1896, and since Jan.
$500, 976 decrease s3S, TAP.
The first passenger train to pass throug
Wicke's tunnel on the Montana Central WI
an excursion train to the Boulder barbecue
The passage throu2h consumed just II min
utes. This time will probably be reduced t
seven or eight minutes when the fast passer
ger trains are put on which will be by tn
10th of November The opening of the tur
mel marks the completion of 10 of the mos
gigantic pieces of railroad work in tn
northwest. The tunnel is about 600 fet
long, nearly all of which is through the soil
rock. Work was tegun on the tunnel
, May, 1887, and daylight was let through
in September, 1888. 1t was constructed b
Lawson, Keefe Sc Co, and is said TO HAY
cost Sl,500,000.
Southern Pacific Railroad Co. has filed
deed of trust to the Central Trust Co.
New York, conveying to the latter, tor u
purpose of securing the payment of NOR
gage of s3S 900, 900 all the property of Il
company, also of branch roads which hay
Il been amalgamated with it, To secure pa
:, nents of these de- is the Southern Pact
. Co. viii issue IS, 900 bonds and will create
sinking fund. After the year 1898 the cor
|. pany will pay $50, 900 per month out OF t
r. net income and continue until the debt
Is paid.
A director of tho Chicago, Burlington
, Quincy makes the cheerful and satisfacto
= stst ement that the company has suffice
ID money in the bank to pay upon any d
without notice every unfunded obigatic
! 10 h.. Er. fyopl cn1OI that h
, been presented why the stock should up
~ ts its present earnings continue TO sell 10 |
~ cent. above par.
!. The Missouri Pacific is among the roe
u which find their equipment inadequate,
u il is the development of the lumber trs
" that makes this extra demand upon its
81 sources. The Arkansas lumbermen |
calling for Thousand more cars than
! company has to spare.
III Both the Chicago & Eastern Illinois r.
l. way and the Chicago & Indiana Coal r;
/ way have declared quarterly dividends
~ 1l.2 per cent. on their preferred stocks, p
Oh able December l. The books of both CO
ne panies close November II and reopen
us cember 3.
#. The annual report of the Boston & ALB
for the year en,ied September 80 compa
-, with 1887, shows: Gross, IS, $50, 6t4; decre'
NJ s45oSl; expenses. s6,41l, 936; increase; y
us $40; net, $2,4l0,7 OS; decrease, s14l,4l0;
re- terest, rentals, ard dividends, 81, $40, {
M surplus, 500 sos; decrease. sl4l ,sS6; surf
ne September 30, 1858, s497, 022.
= 1t was expected that the Boston IL Nj
on would carry over a part of the loss by
nd Bradford accident to the next year, but
ze, lowing the conservative policy which Oh
a. acterizes New England railway mani
tba ment the whole sum has been written off
, ,at once. and so the Boston &c Maine which,
iar der the contract between the two corpt
'e' tions, is entitled to 10 per cent. before
lar Eastern gets anything, has been compe
i 10 to reduce its dividend to per cent,
nj eretore' INC i1as'eih se'' Hos
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