New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-14

have some money in the bank, and We propose 70
Keep 10 there. We have not note outstanding Wo
are not building foot Of road nor mourning any
liabilities. There is no basis for these dividend TO
ports so the directors the Union PACING UeS
concerned There is no change IN me I pvH'' and
lone is contemplated"
PRESIDENT INGALLS, ON THE BIG FOUR
Cincinnati Feb. 10 fspeciaD.-The Chesapeake ana
Ohio has bought controlling interest In the Covmg
ton stock Yards Speaking Of the Big -Four" 10
day Mr. E. ingalls, said There's no hurry ABOUT
telling anything. The insiders are satisned. see
an Eastern paper says that I've hurried home 10 get
my Big -Four directory together Weh' haven't
called them TO meet yet. ] think they own about one
s,are each nows He added that there was no
need for the vanderbits anybody else to buy the
big Four reflinding four per cents. They were IN
demand but could only be disposed OF me hghef
the 10000 900, he thought remained to DO put out
MISCELLANEOUS RAILWAY INTELLIGENCE
Philadelphia Feb 10 lspeciaD-In advance OF the ON
ca report operations Of the Texas and Pacihc ha
road for 1885, following statement has been prepared
based estimates Of nrscass authority Gross earnings
e6Ao7 1917 operating expenses and taxes hes
earnings al 340757; fixed charges s1,297o0o; surplus
sss757 No interest was paid the second mortgage
bonds and only coupon the new hrst Ss Inc IN
tecst actually paid per cent on sSIo4Ooo Oh prior
mortgage bonds amounting $4,000 and 12 per cent
or a total OF e753,130 leaving balance Of sSS7e2I
At the Pennsylvania Railroad ONCE It was stated that
the company intended TO ask for charter for line In
Hewsrsey will shorten the route for through freight
to NewYork. The road. which is to be called the
Waycrley and New-York Railroad win from Waverey
station midway between Newark and Elizabeth, across
the Newark Meadows and Bergen Point to the National
Docks Jersey City, Its construction will also epaole
the PENNSYLVANIA abandon running freight trains through
Newark.
prominent railroad Is authority for the statement
that the extension Of the ouarryve oranch
OF the Reading Railroad connection with the YORK ana
Peach Bottom road through that with the Maryland
Central, will undoubtedly be made Inc reorgahzeo
MARYLAND Central road has secured control OF the YORK anc
Peach Bottom and the construction Of short road wiz
give ID connection with the Reading The line would
form short Reading coal from Its western heds
Into Baltimore.
The statement of the Norfolk and Western Railroad
Company for 1883 follows Gross earnings 4s99
sos 50 operating expenses including taxes $0O0 l3
net earnings gu 76 other income interest," diV
dends etc.. s147437 "A; total, 2045109 So Interest
on funded debt 567 81 interest csr-trust oo
cations SEA 1913 81 total interest charges ST. 80
Net for the year. S74s S5S ", from whien uF
dend OF 1-2 per cent on preferred shares was pau
October 25 1885, $500 600 leaving balance OF surplus
income for year s41 g. As compared WIN the
previous year. gross earnings increased se4so4 90
the operating expenses, including taxes increased
s518146 49, and the net earnings increased slSooo o.
Pttsburg, Feb. ID (Specia).-The wheeling anu Lake
Erie Railway making effort to get into Pttsburg
with an entrance Wheeling West Va, which Will be
had In few months with an auxiliary company opening
I'D the the neghborhood Of Steubenve
With good facilities handling the lake trade, there is
every reason why the Wheeling and Lake Erie Company
should efforts to reach here The road is
anxious establish direct line between this city ana
lake ports and information received to-day is that the
hackers road Will not wait until it is built into
Wheeling early the summer work will be begun
on the Pittsburg division few days ago these dis
patches account Of the mysterious movement
Of corps engineers through the Castle Shannon Valley
They made four surveys through the valley and beyond and
surveyed Mt Washington for tunnel TO the south
bank Of the Monongahela River at point opposite the
business portion OF Pittsburg.
Stanton va. Feb. 13.-The Stanton and West
Augusta Railroad Company organized yesterday with
John D. Crowle proprietor Of the Virginia Hotel presi
dent and w. Tams, cashier Of the Augusta National
Bank treasurer The object is the development OF the
anthracite fields in the northeastern part Of Augusta
County seventeen miles Stanton The capital stock
Is 81, 600. 900.
Boston, Feb. 10 Especially. Chicago, Burlington and
Quincy again the feature Of thu stock market to-day
the supply of long stock enabling the bears to
weapon with which depress the balance OF the
market 1t broke par morning. The first time for
years. declining from 1o1 IL 10 90 Ia. 1t rallied TO
90 "a but the lower quotation again. recovered
to 30 a. and closed there at decline Of "a for the
day.