The weekly Floridian. [volume] (Tallahassee, Fla.) 1867-19??, 1889-11-05

transportation Chatter.
Steel rails are now quoted in Pi'tsburg
at $5533, an increase of $3.50 since June.
The Orange Belt Railway will run fish
and oyster cars on their last trains this
winter.
The Morgan line of steamers between
New Orleans and Havana now touch at St.
Petersburg.
We see the statement that Judge Cooley,
Chairman Of the Interstate Commerce Com
mission, is in failing health.
Major R. E. Mansfield, chief of the rail
way service, is on an official tour of inspec
ton throughout the State Of Florida.
The steamer Emme, of the Florida Cen
trail and Peninsula Railroad, is now ready
for the winter business on Lake Harris.
1t is understood that General Superin.
tendent of Transportation Tyler. of the
Central, will become general manager of
The Western railway of Alabama.
II is reported that as soon as residences
can be secured tor the employees, that the
headquarters OF the Atlantic and Western
Railroad will be located at New Smyrna
| Fla.
The directors of the A.chison, Topeka
and Santa Fe have come forward with a
project for consolidation of the indebted
ness OF the corporation, and an issue OF new
bonds amounting to $200.000,000.
1t is reported that the citizens Of Eustis
are to petition the management of the Jack
sonville, Tampa and Key West road to lay
a third rail between Tavares and Eustis,
over which TO run their trains into that
| town.
A party of jacksonville, Tampa and
| Key West Railway officials were at Lake
Worth last week, rumor says, to arrange
for running a steamer on the lake, or to eX-
tend the road down the west side OF the
lake to Mama.
| The Interstate Commerce Commissioners
have set dates in November and December
tor the examination OF certain discrimina-
tons. Almost every road terminating or
having offices at New Orleans, has had
| charges preferred against them.
| A deal was consumated at Nashville
| Tuesday by which all the railway lines
| in the CITY will be consolidated under one
management, the capital stock being about
$3,0O0,O00 About fifty miles of road are
included in the deal. All the lines will be
operated by electricity.
| Trusts seem to be in order now. Ru-
mors from time to time get into circulation
to the effect that monster railroad trust is
to be made Whether this is correct or
not, the swallowing up of small roads by
larger ones, and the consolidation OF con-
Meeting and competing roads continue.
The Georgia Southern and Florida
Railroad Company evidently intends 10
/ IF Go IN
Antonio landed four hundred reels Of
barbed wire for the company at Fernandina
last week. These reels average 1875 pounds
each, which would make fifty thousand
pounds-enough to stretch distance Of
about 100 miles.
1t is reported that all the lands in thi:
State Zone million acres owned by the Plan
Investment Company. the j., /. q. *. w
system, the South Florida and Florida
Southern roads have been consolidated
under one management, and that the gen.
eral office OF the new corporation Will Ut
at Sanford, with Col. d. H. Elliott as gen
eral acknowledgements.
Some interesting comparisons between
the American and British railroads have
recently been published. Ii appears thai
while The railway mileage of The Cnief
|
ted Kingdom, but the capitalization OF the
railways in the United States is only abou
twice in amount that Ofth- railways in Thu
United Kingdom The British railway:
represent ii cost ot about $3.50 900 per mile
while the roads in the United States repre-
sent cost of about 100000 per mile
Railway Age.
One of the wealthy and successful specu
| 4 NT.,n hN "
on the bear side, has a habit OF saying
!" there are too many rallroads-an overpro
duction of them, 80 to speak; there's no
business enough to sustain them they are
capitalized fctitiously, and therefore cam
earn their fixed charges, and II would no.
he right for them to do 30, If they could,
&c About the time the majority OF the
boys begin TO look at the situation as he
does. and values shrink, he opens his pock'
of receives his profits and retires for a sea-
son Meantime the building of railroads
goes on. and larger issues OF securities find
their way into the market.
The improvements that have been and
are now being made in cars, appliances o
various kinds, speed of trains, bridges, DC
make AN interesting study. The parlor
dining and sleeping car and vestbule train
the improved air brake and automatic
counter: the larger and higher speed loco
motive and latterly the larger freight car
In oil these particulars and others many
;,,,nrovements have been and are being
nade Time was. only few years ago
when 10000 TO 10000 was Car load
rherea. now many freight cars have
marked capacity OF 10000 pounds Ant
F there are coming into use quite numbe
Of freight cars with a capacity OF 6O ,Oo
pounds.