New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-26

Mississippi by the 81 Louis and Chicago road for rental
Of tracks In city the former has notified to the latter
that t has terminated the contract and viii take posses
sion Of the tracks Cor s exclusive use This action VIII
nevent the ST. Louis and Chicago entering tho city
philadelphia, Jan. % Specal-An officer OF the Bsla
more and Ohio Railroad here says: "our company viii
soon add four large s equipment at this point
IL Is expected that IN year OF TWO the Philadelphia
extension will DO a paying division. Although the
pany has had Line to Philadelphia less than three years
secured about oncsixh OF the through business out
city, competition with the Pennsylvania and the
Reading It Is expected that the business VIII 90 largely
increased this year The company made improvements
all its stations here, aud is in shape now 70 DO large
business"
Counsel Frederick Fraey and Enngham B. Morris.
the receivers schuylkl Navigation Company this
morning presented Judge Butler in the United states
Circuit Court petition asking for tho termination Of the
receiveFship. IL was stated the court that about
% per cent OF the holders tho SchuyI Navigation
had acQulesced In the Residing reorganization scheme
Judge Butler directed that the usual notice OF thrce weeks
should be advertised.
The spfague Electric Railway Company Of New-York
received contract from the Pennss Rarsad
Company equip Atantic-aye., in Atlantic City. vita
overhead electric railroad system.
Boston, Jan. 25.-The Railroad Commissioners have
granted the petition OF the directors Of the West
street hallway Company for leave Increase its capital
stock from s544.oO0 TO sl50O,0o0 by the addton Of
S95G0oO OF stock the cash to be paid In and
such increase be used for paying oil doating
debtedncss OF the company.
Cincinnati. jan 25.It Is definitely settled that
through train service tho new division OF the chesa
peake and Ohio road. including the the Central
passenger station In Cincinnati WIN begin on February
H. There Is strong probability that tranic arrange
ment Will be made with the Louisville and Nashville by
which through freight and passengers will be conveyed
over the Louisville and Nashville from Of
~ present. by way OF Lexington and Huntington
Ltac Rock, Jan. 20 (SpecisD. The Mississippi and
ieue hock hailray Company fed articles OF associa
uon with the SECRETARY Of stats to-day The line run,
rom Duncan, I'm Monroe County, TO Little Rock dis
lance OF sixty miles The capital stock IL al 600 ooo
Philadelphia. Jan. 25-The statement Of the earnfnrs
and Of the West Jersey and its branch the
Wess Jersey and Atlantic, for December for the
twelve months ending December 81 is follows: Earn.
nRs for December s96S46 operating expenses eos 253
Bor the year Earnings sI556033. against 81 49, ga
In 1887; expenses $l054I31 against s97e 257 1887
The statement OF the earnings Of the Camden and A..
lantc and branch lines for December and year
is follows For December the earnings were ss5 ss7
an increase over 1857 Of s1745S; expenses 1884, os5
decrease OF s24. 555.
The Philadelphia and Erie Railroad Company makes
the following statement OF earnings expenses for the
month ending December 81. 1888: Gross earnings
s257le4 operating expenses $3.50 7Si earnings sI3s
Net earnings for same month last year. s57 0o3 Net
earnings twelve months ending December 81 1855
81 net earnings period year. o. 579 sss
increase. sec. 07o 26.
Chicago. jan 25.-The committee appointed to revise
the organisation Of the Central Traffic Association met
here to-day The draft OF amended agreement sub
mitted by Chairman Blanchard considered By the
committee. but no action taken In about two weeks
another meeting will be called to take final action upon It.