New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-17
RAILROAD INTERESTS.

CEMBER AND THE LAST oUARIEh
baltimore. JAM 16.-The regular monthly meeting
NJ the Board of Directors Of the Baltimore anu ol'o
Railroad Company held to-day, Charles r. niaSei,
the president in the chair The foiio"ins = w
statement submitted of earnings and expenses ior
December 1888, approximateu oomP@iou W."
her 1887, audited: ,ooao
Earnings. 1857, sl,s69,251; 1883, $l,I42'oos
rxranses 1887 81, oe9, 957; 1888, s1,2444oo' ECU
1881. s4o5, oe4; 1885, S4e7 594. The iono"ins 70
the statement of earnings and expenses ior 'no n'0
vonths OF the fiscal year 195eS9 compared win 'n0
same months Of the fiscal year 1sS''eo' DeoeniOo.
1883 appropriated Earnings, 1887 SS,sloooo' 300
Sc, 1oe,5s5. Expenses, 1887, 9Sooo'oao, i Geo
ma e4s,bos Net 1887, s17so24o; 1885, 81 ,o4I $50
The president, who is ex-oflco member OF all COM
r,ttteca announced that he had appointed tne io-
lowing as the regular committees OF the Board
TInanos-James Sloan, jr, william O. Atkinson
william r. Backfod, William +. Burnes, William r.
Prick Arthur P. German, Thomas NJ. Lanahan' george
De B. Keim, Robert Oeer.
observation-disclosures +. Mayer ]. Wilcox Brown'
recatrr n. Miller John R. seemuller, j. McKenney
White. -. "
TRANSFORMATION Road and Machnery-Decatur IL
Miller b. H. Farrcn, Maurice Gregg, James hodges
Gilmore Meredith Aubrey Pearre Wesley
Aubrey Pearre. william G. Atkinson william H. BLACK
ford Joseph B. Stafford, Haters haS snpo,nted
The president also announced that nc nau aPpOin.oJ
Messrs William II. BlacLford, Decatur IL Miller ana ana
Wilcox Brown TO I'll the vacancies ON the special
investigating committee
orFrCERs OF THE ONTARIO AND WESTERN
me stockholders Of the Ncw-fork, ontario anu
western Railway Company yesterday chose the fonow-
ing board of directors: Thomas p Fowler, Charles o
yhelen, Charles John RUSSELL joseph PRICE, harry
Pearson. John 0reenough, Francis r. Cuioert Aioot'
s Roo Samuel Barton, Richard Irwin, 1r william L.
Pauldins Ebcn K. 6ibiey, and Julien l. Myers
THE onIv change from the old board is the election
Of Samuel Barton In place of J. Coleman Drayton
Mr.. Barton Is expected to strengthen the fricnuiy
relations of the Vanderbilts with the ontario Na"
The stockholders having adopted the English system
OF an independent audit and selecting them own
auditor, z. II. sewer Of the firm Of Barrow "aae,
Guthrie g. Co.. expert accountants was elected oS
them to I'LL the position of auditor Tor tho
coming year
The compauy's gross earnings for the fiscal year
ending September 80 1884, amountodsto ", oeS,es''
against 81 zso, 500 the year previous Aner paying
interest and all fixed charges, there remained Oaiaoo
at the end Of the year Of s5o2oS Inc largo IN
crease IN the company's freight business Is more
readily seen by reducing 1t TO the ton mile basis there
having been an increase from So 100000 tons carried
one mile TO over 81 100000 tons, or Ss per oent
Owing 10 tho low rates which prevailed, the earnings
show an increase of only 81 per cent during ,no
last year six heavy engines were added 70 the eH"P
mont together with $50 box cars and 100 coaI cars
The branches @ Delhi Ellenvs , sne entlre main
line and branches are now all In stoei ana w nasA
Is In better condition than at any penoa IN 'no 0oiii
pay b.enneDt 10 the stockholders meeting tho Board
n directors met and elected Thomas r, fVwtel
nrcsldent and John Burton secretary ana ueasursr;
ggoSn r. Kerr was re-appolntcd general counsel OF
the company, and James L. Chilas' genor~ H"""5'''
prxnpTn SOUTHERN RAILROAD MOVE.
baltimore. jan 1s.-A New-Eork dispatch to
baltimore papcr quotes a director Of The Richmond
Terminal as saying: The extension OF The vaiioy
branch Of the Baltimore and Ohio from Lo4lns'on'
Va TO Bristol connecting with the East tennessee
virginia and Georgia Railroad, has been under serious
discussion This aroused considerable interest III
baltimore President Mayer, of the Baltimore ana
Ohio denies all knowledge Of this proposed extension
baltimore city officials say they give their hearty ap
proyai to The present scheme Bankers ana other
noneyed men say that they confident financial ala
WIN not be wanting should company, gnatanteeo oy
both roads as permanent arrangement DO fornea 70
construct this 100 miles connecting the Baltimore ana
Ohio system with the East Tennessee. Virginia ana
Georgia Yet suspicion exists IN some quarters here
tha, tbs movement IS I'm pursuance Of the attempt TO
soil the East Tennessee. Virginia and Georgia 70 M
Norfolk and westerns thus shutting sne ~"
Ohio of from the desired southern eonnecnoh
prr,,oPs OF CONSOLIDATING EASTERN ROADS.
Concord, N H., Jan. 1e.-It is rumored hero that
negotiations arc pending looking toward the lease Oh
The Northern Railroad 10 the Old Colony This Is TO
ported TO DO a movement against the Boston ana
Maine ana in the interest of the Central Haliroaa
ia generally known that the latter has made several
propositions for leasing the Northern, but no one Of
them has been accepted BY tho directors
AZ that road. The plan Of leasing is
said 30 include rot only tho Northern, put
ths Boston, Concord and Montreal, II Tho supreme
Court readers decision in the suit now penang
favorable 20 the present irectorsi and ultimately tho
transfer OF the Concord Road ITSELF by lease 10 the
Old Colony 1t Is further stated that this Toan can
obtain the leases of the Ftchburg and Cheshire when
ever II desires 10 do So Should these plans DO con-
summatcd they will represent the largest ana Inos
Important railroad deal ever made In New-EnEian"'
-
TO REGULATE RAILROADS IN ILLINOIS.
su4nedeld. ILL., Jan. 1e.-In the House to-day Dill
was introduced TO regulate slecpngcar companies Dy
prohibiting a charge Of moro than al for twcntyfour
hours sole occupation OF lower berth, or 10 cents
| for uppor berths The bill also prohibited greater
charge than 81 so for section or 80 for stateroom
for the same period In tho Senate, bills wore intro-
duced reducing railroad fares 10 cents mile. pre-
venting public officials from receiving railroad passes
preventing railroad employees from giving nee pssssg
10 any person. and repeating the stringent conspiracy
law passed last year as result OF the Auarohst ro7
| IN Chicago.
| MISCELLANEOUS RAILWAY INTELLIGENCE
| Philadelphia jan 10 (specaDs-In railroad circles
here IL is stated that negotiations ere now under way BY
which the GAINESVILLE and Washington Railroad OF NORTH
Carolina which Is owned in this city Will pass into the
| hands OF tho Atlantic Coast Line. Among the present
directors are James McMsnes, David H. Lane James -
| sslter James Work. w. w. Goodwin, Edwin f. GashiI
and Hector T. Eenon, all Philadelphians. me owner
were anxious the Pennsyyania Railroad should takf
| hold of it. but that company declined TO buy IT, Thu
Atlantic Coast Line IS now constructing branch ron
| its main system Plymouth, N. O., iDercepung AZ IN
northern terminus the GAINESVILLE and washington road
BY the feeders which It seems likely to secure, The
system will get large tranc in lumber and pershab'
! goods.
Hartford. Conn, Jan. 1e.-The Connecticut Railroad
Commissioners to-day made favorable Recommendation
as 20 the proposed increase in capital stock OF the Now
| York. New-Hsven and Hartford Railroad 10 whatever
amount necessary for the purpose Of meeting the ex
| penaitures for improvements The Recommendation II
also made the Housaonc railroad be authorized
| issue stock to meet the cost OF improvements
Hartford, Jan 16-The petitions Of the New-York
New-Haven and Hartford Railroad and the Housatonif
Railroad for increase Of capital stock were svorsblJ