New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-24
ana woodruff Palace Car Companies, has been merged


PhiladelphiA jan % tspsesr.--A. the Psnnsyiyun,.
nAre,a once It stated that the request OF President
'oes mat stockholders take interest In the Affairs
" we company hss brought responses from william
LOCKWOOD who that he has increased hs hold
ss OF sock 20 per cent and from jean Tsyor Of Lon.
eon who has Issued circular advising stockhoders To
execute the proxies By the management 30 DO used
a. The forthcoming annual meeting
The statement Of the Summit Branch Railroad and the
ykens Valley Coal Company both controlled By Penn
yvania Railroad and operated together for the year ending
december 81 follows Summit Drsneh-Grcss earn
nes sl4t2 e7I: operating expenses. 81 295 $50 not
earnings, s2036el. Lykens Valoy-Gross earnings
sLoi2212i operating expenses, eio27. o32; deacit,
$1,000
John Lorne Of Kirkcaldy Scotland who holds esoo 600
worth OF Reading third preference income bonds has writ
Ten vigorous letter TO the Pennsylvania Company for
assurances Lives and Chanting Annutcs, the trustee
under the mortgage requesting an examination OF the rail-
road company's books so that 1t may b. determined
whether or NOT full interest was earned on the bonds Tho
letter expresses the hope that other holders Of bonds
VIII not cash their checks but viii take steps to have the
matter thoroughly slfted. Franklin B. Gowan. ex-presl-
dent Of the Reading said this afternoon: - Under the
terms Of the mortgage the Reading must file
With the trustee before January Is. This understand
has not been done but suppose the statement Is now
being prepared Before legal proceedings taken
the holders Of snetenh OF the entire issue the bonds
must unlte.o
Tho statement of the Baltimore and Potomac Railroad
Tor December, 1888 gross earnings,
penses seeee1 earnings si424s decrease in the
earnings s2ases as compared vita the month Of De
cember. 1887.
Louisville jan e3-Judge Andrew Barnett counsel
for the Louisville Louis and Texas Railroad In its
controversy with the keystone Bridge Company Of Pitts
burg. the bridge at spOttsyile, KY, which was
wrecked recently said to-day that adjustment Of ali
questions issue was being arranged 10 the satisfaction
Of both parties.
Milwaukee wis, Jan. 23.-Charles L. Colby, who for
Central Railroad Company, and also president Of the
Wisconsin Central Company has resigned both oices
He IL succeeded prctdent OF the Wisconsin Central
Railroad Company by his brother Joseph L. Colby, Of
This CITY Edwin II. Abbot succeeds him as president
Of the Wisconsin Central Company. The company
operates the Wisconsin Central Railroad and all Of the
allied lines which make up the Wisconsin Central Com
pany. Mr. Colby has also resigned from the directory OF
both companies II learned that he has for moro
than year contemplated taking rest from active duties
Denver. Jan. % CSpeeiaD.-A change has Just been
made By the Santa 70 Company In the method Of working
passenger trains. For a number OF years that com
pany has had. addition train conductors employees
10 collect tickets cash fares. who called col
lec,ors The company has now concluded TO cut on
that portion Of the force believing that the conductors
will q sufficient amount OF the cash TO
make the scheme a paying one.
st. Louis. Jan. % (Specal).-The merchants OF St.
Louis determined fight hard for the corn dnerena
To-day the Board Of Directors OF the Merchants Exchange
appointed committee OF eight Of the leading merchants
Of 81. Louis 70 Omaha and make an appeal TO the
Union Pacific Railway 70 respect the ST. Louis diGerena
Harrisburg Penn. Jan. GA charter was granted to-
day 20 the Union Railroad Company. capital $4,000 The
road will be Ave miles long, extending from point the
Edgar Thomson Steel Works in the village OF Bessemer
crossing the Monongahea River and passing through
Homestead 70 point In Minlin Township Allegheny
County
Hartford. Conn, Jan. 23At the legislative hearing
today President Sasbuek OF the HousatOnc Railroad
ssi the purpose Of the petition FOR leave 10 build from
Ncw-HaveB 70 Horwalk. He said they had the money
and would build the road The New.Yofk. New.Haven
and Hartford Railroad Company appeared in opposition.
Boston. Jan. % (SpeclapThe report Of the Atehlson
Topeka and Santa Re. 1.-THE Journal" will probably
be published Saturday. IL - claimed By the directors
that the company Is sod condition hnsnosly and that
eli IL wants provided for. While IL has had like
other roads. hard year. m prospect ahead is eneour
aging.