New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-13
MISCELLANEOUS RAILWAY INTELLIGENCE

philadelphia Feb 10 speclaDA the Reading railroad
ofce to-day. II stated that President CoFbin had
brought three against the Philadelphia. Newtown
and NewYork Railroad One is 70 recover s2i2,0G7 for
supplies and material furnished another for si22OO Tor
coupons Of bonds and the third is for sl5s2b2, Tor
guarantee coupons The suits are the resul, Of the
unsuccessful efforts Reading management 10 Induce
Newown railroad bondholders TO scale their Interest
under reorganization plan. The Reading owns majority
OF the stock Of the Newtown railroad. and large block
Of the bonds.
prominent railroad said today: "The Intended
purchase OF the Bells Gap railroad and its leased line
the Jefferson and Cearheld, by the Penn
syYania, is the nrst step toward the
developing Of coal fields ia the western part OF the
State The Pennsylvania has consistently hept aooi from
mining projects and Is certainty that IL VIII now
engage in such 10 IS preparing to secure control
Of the tonnage. The Cresson, CleaFheid
County and New-Yosk Short lime. extending from
cresson to connection with the belFS osn
Irvans, has been purchased in the interest
Of the Pennsylvania. Allied TO this move was the puf
chase OF the Crcsson and Clearneld Coal Company
wealthy syndicate Is said 10 have taken charge OF these
coal lands. and also 70 have purchased inc eerns co
ilery. Altogether IL is estimated that upward OF OoOOO
Of coal lands are controlled, and prominent among
those Interested In the operation are Niceffesioeheiec
Morton and Governor Beaver"
Carlisle. Penn. Feb. 10 (SpeciaD-The forthcoming
the Cumberland Valley railroad ana branches
for year ending December 81, 1888, viii show the
gross earnings during the year 70 have been sS@o4i 90
operating expenses se09,23o % net earnings 10
IN comparison with the year 1881 thee - Ve0'S VI.
sSo079 10 the operating expenses and On increase Of
sG152 90 in the net earnings The surplus a1er pay
ments Of st99975 % dividends Interest," real eSae
purchases ETC.. IS 81, 2G2 o.
Salem Mass. Feb 12-In the Superior Court To-Day
John H. Hrbuit was awarded 5000 damages against The
Boston and Maine railroad. In August. 1887 he pnf'
chased tietet from Boston TO Portland paying "hat
the railroad told him would allow him TO stop Over
at Newburypou and Portsmouth The conductor ieiu'eu
TO accept the ticket stopoyer ana demanded IN W.
ditonal dollar, which Hurburt refused TO pay he "A'
consequently arrested, whercupon he brought suit
Charleston S. O.. Feb. 10 (Specia The contract lot
building the Carolina Cumberland Gap ana Chicago Ran
road, from Edgened In this State 10 Cumberland Gap
Tenn. by Of Abbeylle Pickens and Afheyille NJ o.
has been awarded The Atlantic and Northwestern Con-
structlon Company OF New.York The length OF the
road IS $50 miles,
Chicago, Feb. 10 (spe,al.At to-days meeting OF inc
passenger department Of Central Traffic Association
all the important lines in he territory and many souh
lines represented. IL decided that Jour
lists tickets could DO abolished and number OF re-
duction fares wero granted II agreed mat this
association would adopt the punches description rebate
form Of mileage ticket recommended by the speca COM
mttec as the January meeting anc that this ticket oeeoe
standard form Of mileage test for this association
Boston, Feb. 10 Especially. The Chicago. burlington ana
Quincy on 70 loo IS before Sclock to-day TO
ductlon Of 10 from nights close, ana 30 ocio"
Mondays lowest price. With the Improvement oi uio
afternoon II rallied and closed at Dl IL Cnieekv
Burlington and Quincy II In that con1ron thae e'eH
| It pays dividend It will be e0nsloeed cNae"0o VI
/ weakness dfvi1end was moi earned.