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

Wednesday, Feb. l3-p. m.
The quarterly statement Of the New-YorlI, Lake
Erie and Western Railroad Company made 10
the New-York State Commissioners Is printed
below. II shows surplus net earnings for the
quarter ended December 81, 1sss-the first quarter
Of the companys fiscal year-of s46s5s5, or
nearly sufficient TO pay one years dividend on
its preferred stock
The Norfolk and Western Railroad Company's
statement for the year ended December 81, 1888,
also is printed below, and it shows surplus In
come after the payment OF 1-2 per cent on its
preferred stock Of s41s,55e. The traffic state
ment gives an increase Of 80 per cent over 1887 in
local passengers, and 6 per cent in through pas
seneers: an increase Of 20 per cent
in local freight, and per cent in
through freight or its gross earnings from
passengers only 1915 per cent was from through,
and from freight only 2l.7 per cent was from
through traffic.
In the davis stock market the continued raids
on the granger stocks were the prlnelpai feature;
Burlington and Quincy continued 10 De the SPECIAL
favorjte and lis price further declined to 90 and
closed AZ 90 IA OF course, II the management
of the last year is 20 be continued, these figures
in time will be high for the Burlington and quincy
first per cent bonds. But operators VIII 90 Wen
many has good solid surplus OF nearly $40 oO0,-
600 and GOO miles of road unmortgaged. III It's
financial condition had been less substantial q
year ago perhaps the Generalization OF traffic IN
It's section of country during 1883 neVer would
have occurred. There evidently is good deal OF
fishiness attending the recorded safes Oh the
granger stocks To-day brokers with Boston con-
1eotions were nut forward MS the sellers, while
fine brokers of bearsh interest were the seem
ING principal buyers IL viii require Few cerllli-
cafes 10 make the deliveries OF the $4,000
shares of Burlington and Quincy stock reported
TO have been sold to-day. The other 0rangers
remained fairly firm, and St. faul closed 90
AS TO the agreement between gentlemen ID
renlv 10 q telegram from q railway Official In New
York TO one In the West, the following was re-
ecived " / have no more positive information than
when | left Chicago. do not believe that the
agreement is TO be failure, nor that all the WORK
viii no lost. Nothing positive can be known unti
the next meeting which IS TO he held next TUESDAY
in Chicago Ia the meantime what is or more
importance is the fact that the Interstate Com
isson daily gives further evidence oil It's ntentoi
10 enforce the law. III that ~ zone, the eenIt.e
mems agreements" If made, will only be an ana u
the Commission and il not made-but II VIII be-,
will not prevent the corrections OK abuses IN rall
The general market was affected by the con
timed raids on the Changers only TO the exten
~ restricting business. Holders OF stock show NJ
disposition TO sell them, and buyers hold OIL U
soc how far the movement against the Granger
NAV TO- No one, except one OF the hnesJ W.T.
his nfght-club in hand cares to stand in the wa.
of n maniac so would the buyers OF stock STAND on
side. while the Western howlerS are doing tnel
shouting Nevertheless me oso Market S,SeSv aeVeiOp
TIE DAY IN THE BOND MARKET.
Government bonds were entirely neglected. Du
the quotations were held steady as follows: