New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-12-27
OF tho Fort Worth and Rio Grande ticketofs.. :,
Christmas Day. The amount secured was %. ca "
FINANCES OF THE FITCHBURG.
ANNUAL REPORT OF THE DIREcToRs-A yo,rv
PER CENT DIVIDEND HOPED FOR
NEXT YEAR

ANNUAL REPORT OF THE DIREcToRs-A Fouv
PER CENT DIVIDEND HOPED FOR
NEXT YEAR
Boston, Dec. 26.-The annual report OF the Air..
tors of the Fitchbrg Railroad shows gross earnIr.
OF s5,s24,s41, increase OF 1891 543 over Isss.
net earnings, 81 $50 09i increase OF sI0s 233
plus s332l15 an increase Of SAT 64f. The repoy.
says that the decision Of the arbitrator in the snI
for fire damage occurring in 1884 10 the somervira
Bleachery, awarding damages against the Fitchbur,
of 1852 81, prevented the payment Of a per cent
dividend The law under which the company is mad.
liable is condemned and change Is urged. Durs,
the year the road carried 35o0,i62 tons Of freight
an increase OF 50 per cent As the great increase
IS in through freight the rate per ton per mile con-
tnues to decrease, having fallen from 1893 cents in
1888, to I.O35 cents I'm 1889, although rates
on competitive freight have been better
maintained than in previous years. TIE
gain in passenger earnings was only S2o724. &C.
counted for by the loss Of through travel, owing
the Fitchburgs failure to obtain diherential fares
which 1t claimed. The report says that from the
large sums paid for renewals, and charged to operat
ing expenses, the road is in much better condition
than IL ever before. 1t also says:
@For the last three years, since the company ac-
quired the Troy and Greenfield Troy and Boston, and
I.oston, IIoosac Tunnel and Western saroads larze
into condition for economical operation, and whils
such work Is going on IL Is Impossible 10 manage
mens are completed It seems reasonable al this
time Of writing, December 1859, to believe that IN
view OF the Increase Of earnings In the first two
months of the new year and the good prospects for
general business the growth OF the frame VIII In
the coming wear be as large In that Just closed and
the road may be expected 20 earn per cent olVaend
on It's preferred stock I'm 1902
THE FIGHT AGAINST THE UNION PACIFIC.
Chicago, Dec. 90 (SpeciaD,-The Union Pacific and
Northwestern will have opposed them at the January
meeting OF the presidents OF the Interstate Commerce Rail-
way Association combination headed By the Rock Iad
Burlington Atch!son and St. Paul. The combination in.
cudes every member association except the Union
Pacific and Northwestern and their branches. As
evidence OF good faith Achson has made exactly the
same traffic arrangement with the Burlington which 1t had
previously made with the st. Paul divisions Of traffic
at Kansas City These similar 10 the
made with the Island, with the exception that rac
with the Rock Island exchanged at Dodge City and
With the st. Paul and Burlington at Kansas City All
these traffic agreements precisely similar TO the Union
Pacific Northwestern agreement and they have been
formed with the avowed intention OF lessening far
possible the accruing TO the Union Pacific and
Northwestern from their coalition. The alliance IS also
an offensive one working almost hard
against the Union Northwestern It does
Itself The only point which the lines have taken
united stand refusal send into Union Pacific
territory they have agreed stand together 10
posing the Union Pacific primarily and the Northwestern
secondarily. A lively time is expected at the NewYork
meeting on January that time Chairman Walker
will render his decision the complaint made by the
Rock Island Burlington, Atchison and St. Paul against
the Union Pacific and Northwestern, charging them with
violating the