New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-05-02
RAILROAD INTERESTS.

Boston, May lat tho annual meeting of the Mexi-
can Central Railroad stockholders to-day the following
directors wero chosen: Oliver Ames. Boston Isaac T.
bun' Boston; Sebastian Cammacho, Mexico; Jasob
EDWARDS, Boston Levi z Letter, Chicago r. r. Morse.
Boston; Albert ". Nckerson. Boston Joseph Richard
son. New-York; william Roche. Boston; E. W. Jack
son, Mexico; Warren Sawyer. Boston; Alden Spear.
boston; A. l. symon, London, England; J. H. White.
BOSTON, George B. Wilbur, Boston, and Levi C. Wade
ana f. H. Hon, Mexico. The annual report shows
gross earnings for 1888, S5,774,331 Increase over
1887 sss77o2; expenses, g. 41ss37 increase, s7ol,
Se4 net earnings, 81 74s45s increase. s8s 1853 sub
shy, $440,932; increase, s230.os7 surplus. $685.
o49; Increase. s233,5l7 There was deficit Of siO.-
ze2 In 1887. Tho report states that the only con.
slrucdon now going on is upon the Tampico Division.
Inc entire length Of the division VIII be about 900
miles, OF which GIG have been completed and work Is
belng rapidly pushed.
PENNSYLVANIA DECLARES A Divided.
Philadelphia, May QspecIaD.-The Board OF
Directors OF the Pennsylvania Railroad Company met
this morning and declared semi-s annual dividend OF
l2 per cent cash, payable May 30, on all stock
ms registered April 30.
The Pennsylvania to-day secured tho Delaware
ave. and sohuylkll Market property at the foot OF
Dock-st., for s24O.OOO. The purchase effected
with direct reference to the contemplated removal
Of the Channel Island, In which tho Pennsylv ana Is
Interested. The market will be continued till tho
appropriations for removing the island become avail
able when after ae notice the building Is to Ss
the Increased freight tranc DO provided for by the
largest vessels entcnng the harbor may lie alongside
the piers and discharge or receive their cargoes
THE POUGHK EETSIE BRIDGE SYNDICATE'S ROAD.
Philadelphia, May Tho Poughkeepsle Bridge
syndicate have determined to proceed with their project
upon the original lines laid down by the late j. Edgar
Thomson, and will build new road from the Lehlgh
River TO the susquehsnna at Harrisburg. An Official
announcement to this effect was made to-day, coupled
with the Information thar tho South Mountain Railroad
project has passed into the hands Of W. w. Gibbs,
Henry c. Gibson, Arthur Brock. and other capitalists
Of this city. who already controlling interest in
the Pennsylvania, Poughkcepsie and Boston Railroad
and in the Poughkrcpsic Bridge Company They
nave nav me means ana me dsp1soh 10 build INC roa
shall be begin.
DECLINE IN BALTIMORE AND OHIO STOCKS.
Baltimore. May observation-disclosures and Ohio
stock fell of again to-day upon well founded rumors
that the company would default on It's guarantee to
pay the interest on the Cincinnati. Washington and
Baltimore Railroad first mortgage bonds. The nj.
mors caused stir on Change and decline in BAL
timorc and Ohio. Cincinnati. Washington and Bal,
tmore stock sold down 10 % and baltimore and
Ohio dropped 70 81 1-2.
RAILROADS JOINING TIE SUNDAY MOVEMENT.
indianapolis, May (SpccialI.-Thc determination OF
the Vanderbilts to stop all unnecessary sunday labor
tho lines controlled by them has caused the officers
Of tho bee Line and the indianapolis and 81, Louis
roads to order that no moc trains shall be run on
those roads on Sunday, excepting only the passenger
trains required to transact tho business.
MISCELLANEOUS RAILWAY INTELLIGENCE
Al the annual meeting Of stockholders Of the Staten
Island Rapid Transit Company, held On TUESDAY at No.
Safest the following directors ELECTED Tor the
suing year: Charirs F. Mayer, orland smith Thomas NJ
King, C. X. Lord. Frank S. Cannon. J. Frank Emmons,
Erastus wimsn A. H. Boardman James NJ. Davis. Charles
wA,rous o. 5. Wood. A. {. Rose. L. H. Marshall.
Cleveland. May THE aia,ua! meeting of the stock
holders Of the Lake Shore and Michigan southern Railway
Company held 10 o'clock to-day at the once, Of the
company. About s3s 900. 900 Of stock voted. The
directors. whose Of three had eAp.d
elected follows: John Newell. Cleveland Edwin ID.
Worcester Eew.York; John r.. Iurrl. N"wYork Fred.
ctck W. Vanderbilt Ncw.Yofk: John Dc ko,cn. Chi.
cago.
The earnings for 1888 sls oco. 827. aRains,
els 1857 Th operating expenses for tn" last
yeAr sl1.S0.S7I and thu net earnings s67l9eS0.
against o. Gsl. iG4 In 1ss7 ~ the annual meeting q
the stockholders Of the Nickel Plate rad the following
dirc,Or. were elected: william X Vanderbilt Cor
nelius Vanderbilt Frederick W. Vanderbilt, Hamil.
Mex. Twombly John 5 Kennedy. Jsmes +.
Roosevelt, Charles A. Reed, Daniel w.
caldwell, Jephths H. wade Frank A. Mircn~r Frcderic
T. Olcou Charnccy NJ. Depew and Allyn Cox. Tn.
net earnings OF the Nickel Plate for 1883 s.22 9,S
against sl.l87474 the year before
Pittsburg May (speciaL-Thc employees Insurance
system the Pctnsylvsnla Conpaly's lines
Of Pittsburg will into effect July I. aud the
officials believe that at least 1000 will Join
No examination VIII be r-quirrd aud the will
guarantee all benefits The system will b" the
that In vogue the PcnBsyysni main line Of Pitts
burg.
Washington. May IA verdict was rendered TO-DAY In
the Ciruit Court against the rennsyyAnis. tn" baltimore
and Potomac the Alexandria and fredericksburg spi the
Alexandria aud Washington railroad COMPANIES Tor si5 600
and ss.lnst the companies named and he Virginia Mid
land Company In the sum Of so,ooO In favor Of two
postal clerk, Stewart aud Jones' Injured Ia the Four
Mile Run collision Of 1915
The Interstate Commerce Commission to-day heard
tn, cases Of l.. l.. Bishop Mr. Duvsl. receiver ~
the Florida Rsrosd and Navigation Company, and J. A.
Harris agt Mr. Duvsl. rcc-ivrr Of Ihe Florida Hallway
and Navigation Company and the fionda Southern Rail
road Company the complaints In both simi!l
Compalnans engaged IN growing oranges IN Ctr,
FLA aud charge that the rate. enacted by thrs~ conon>
for the haul from CItra Gainesv" and from Cirs
Ca,hsn all In Florida sr" contrary u the rates esab
shed by the Florida STAT Railway Commission. 1t
developed that the unjust chages complained u ter
minated by us companies early In January. and the Com
mission therefore dismissed the complaint
Chicago. May tSyecai-CheaRo railroad men believe
that ts bottom has been reached In the period Of deps
which for The last few months has had No DISASTROUS
effect earnings onciaLs OF hve Western and four
Eastern roats tny declared that they looked Tor de.
cded change for the betor during the MONTH As To-
ceiyer McNua OF the Wabash said The present crop
will DO above average and laQ. share Of last years
crop sa in the West The people there can't Eat or
throw 10 away. II must be sent IA the market. and
haul It. What Is our oss will bc or gain later
on"
baltimore, May (SpeciaD.-Jabcz Theodore Odnl thu
new general manager OF the Baltimore and Ohio Taroad.
took charge today While stranger 70 the Baltimore
md Ohio service. he has had considerable experience with
the Northern Pacific. Chesapeake and Ohio and other
railroads. wism NJ. Clements. general manager OF the
Baltimore and Ohio lines east Of tho Ohio River. who
resigned because he wss unwilling 10 bcome . subOr.
dAato to the general manager. has been rendered a
position in the service Of the Erie PENDING the ap
poinunent OF his the duios OF the ONCE will
dcvolvc upon Second Vice. President King.
Little Rock. Ark, May IA dispatch to THE Gazette
from TexArksna Ark, says The annual meeting 81 the
OF directors Of the st. Louis. Arkansas and Texas
Railway for the purpose OF eectng Officers for the
suing year. held In this city today. Among the
of this cOmpanY Colonel