The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-02-28
Personal and. General.

Personal and General.
S. v. Derrah. of the Missouri Pacific, is
confined to his room by illness.
r. G. Goss, a well known conductor on
the Oregon Short Line is in town. -
5. M. Shattuc, of the o. g. M, arrived
here from Denver yesterday on his way to
the coast.
j. G. Cameron, superintendent of the
construction of the Union Pacific, denies
that his road contemplates building cut
off from Laramie to Fort Collins.
The New York Central engineers who
have been on the road for thirty consecu-
tive years and are still in the company's
service will probably take trip to the Pa
cific coast about April 1st. 1t is expected
that there will be twenty five or thirty in
the party, many of them from the eastern
division.
The trains were nearly all behind time
again yesterday. The Union Pacific, due
here at 1870 M, was nearly four hours
late. On the Denver & Rio Grande West
ern, No. 3, due here at Z 40 a. M, arrived at
10 a. m. No. l, due at 6 :65 p. NJ, came in
three hours late. The Central Pacific, due
at 80 a. m, arrived here at p. m.
Sixty years ago railroads were unknown
in the United States, which then had pop
ulation of $1,000, 100000 people. To-day
there are in this country, 10000 miles of
railroad, on which were transported last
year GOO, DOC, 900 tons of freight. Upon these
lines 100000 men are employed, and the
annual disbursements for labor and sup
plies are above 5000, 100000.
The Atoms balance sheet shows cash on
hand and on call December 81, 1889, of
81, 370,5 9S. AS it takes but 81 407, 712 to pay
s per cent. dividend on all the stock of the
company-common and preferred-it has
nearly enough money on hand now to in
sure the payment of per cent. dividend
for the whole of the year 1890. There is
probably no other road in the country that
is SO well off.
The opinion is gaining ground that the
present fight among the western roads has
been stirred up by the eastern magnates
and bankers for the purpose of unifying
the various western roads in favor of the
proposed trust scheme. A prominent man
ager said in Chicago that this was only the
beginning Of the fight, and that before ii
was over he expected to see the rates from
Chicago to the Missouri river and st. Paul
down to the basis of % cents first class, OF
less. Not until the effects of the war be-
came apparent and earnings commenced tC
decrease seriously would the roads which
have thus far resisted the formation of 6
trust become willing to enter into the
scheme.
The people. of Galveston are hopeful Of
getting congressional appropriation Of
So. 900 for the completion of harbor i'm
provements. The work done so far is con.
fined to the south ietty. which already ex-
tends 10000 feet beyond Galveston Island
and must be extended four miles further
to the crest of the bar. Another jetty, five
miles long, is designed to be built from the
opposite side of the bay, gradually approach
ing the south jetty until the two will b,
about 600 feet apart at the entrance
There does not seem to be any immediate
prospect that the work will get anythin!
like the SC, 200, 900 asked for this year.
1t is probable that on March 1st the Col
umbus & Cincinnati Midland will be form
( ally transferred to the Baltimore & Obi
; Southwestern. 1t was not desired to max
l the transfer until the organization of tn
. Baltimore & Ohio Southwestern had bee
2 completed, and as that has now been &C
2 complished preparations are being made TO
) the change. The Baltimore 81 Ohio South
2 western is well Differed, and the Baltimor
: & Ohio will furnish ample funds to plac
the property in first class condition
Eighteen miles of second track is nov
being built from Cincinnati east, siding
are being heightened and equipment in
creased.