News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1890-01-30
RAILROAD AND FINANCIAL TIPS.

A farmer at Sargent, Nebraska, tested the
actual cost of producing corn this year. After
hiring all the necessary labor done. he esti-
mates that his corn cost him 12c per bushel,
delivered in his cribs.
The smallest days business done on the
New York Stock Exchange last year was "a,
645 shares on December 81 and 1892, 900 in
bonds on July 10. The biggest day in stocks
was May "a, with total sales of AT ,1I2, and in
bonds January %, in which 3,7S3,000 were
traded in.
While England pays in taxes 800 per head
of population, the United States pays only
$3.50.
United States the past ten years is astOund-
ing. According to the published figures the
total wealth of the country is now SOL, 49,
100000, equal to nearly $1,000 per capita. This
is an increase in ten years of 5000, 900 900,
or 40 per cent.
The Maine Railroad Commissioners rem
dered an important decision recently, In which
the crossing of the Maine Central Railroad
track in Auburn was involved. Owing to the
fact that there were tall buildings on both
sides of the way in question at this point, the
crossing, dangerous one in q populous dis
trict, they require that the way shall be laid
out either over or under the track. The Com
missioners further say, In accordance with a
law enacted by the last Legislature, that they
feel it their duty to require all ways hereafter
lalu out crossing the main line OF railroad,
and especially in thickly settled parts of our
cities and villages, to be constructed SO as to
pass over or under the track, unless accom-
panied by extraordinary expense OF moon
Yenience.
Sir Henry A. Isaacs, Lord Mayor of Lon
don, Sir Henry Fowler and other British
capitalists are applying to the Dominion
Parliament for charter for railway to run
from Quebec to st. Charles Bay, Labrador.
They propose to put on line of ocean steam
ers, the eastern terminus of which will be
Milford Haven, Wales, and hope to cover the
distance from Chicago to England, via the
new route, in two days less time than Is at
to secure export trade.
The December freight traffic of the Fitch
burg through the Hoosac Tunnel reached
total of 26,000 cars, of which less than 1000
were empty. The months business was the
largest since the Tunnel was opened.
The Burton Stock Car Company has re-
Gently made arrangements with the Pennsyl
vania Railroad whereby the Burton perfect
ed cars for CARRYING horses will be run regu-
larry between New York and Chicago in pas
senger trains or on passenger train time.
The General Traffic Manager of one of the
Eastern trunk lines says the wet and unsea-
sonable weather has made local business
very bad. The coal business is dead and the
only thing moving is through business, prin-
cipally corn. To accommodate this traffic,
trunk lines are pressing all their rolling stock
into service.
A prominent railroad man believes that
the present idea of the Boston and Maine
Railroad In purchasing property In Lynn is
for the purpose of building union depot for
its own road and the Boston, Revere Beach
and Lynn Railroad.
The AtchisOn company begins the new year
with the earnings statement in more compact
form, giving nothing but the total earnings,
together with the joint MILEAGE earnings. The
first week of January showed gain of $685.
ia over last year.
The Oldtown (Me.) Wooden Mill Company
has been formed with these officers: William
DobsOn of Pittstield, president, j. L. Smith
and Herbert Gray of Odtown. Elias Mill
Ken, Oscar Holway, j. +. Bodwell, Orville D.
Baker OF Augusta and William Dobson direc-
tors. 1t was voted to issue preferred stock
to the amount of $4,000.
The aggregate valuation of the municipali-
yes o. Massachusetts for 1886 was 80 ,072,-
lto,Sf2, an Increase of $T9, 1866, III; the aggre.
gate net debt, $66502 ,030, an increase of
S9i3,f2ti and the percentage of net debt to
Faiualion, :ot2 the same as in 1898; gross in
terest-beaFing debt, May l, 1889, S1O3 1914
OCT; aggregate local assessment for state
town and county purposes, $50, gig, $50, OF
Whch S26,3O2.950, or 81 per cent of the s0-
gregate assessment, was for municipal pur-
poses.
-, II ffic contract has been closed between
The Central New England & Western railroad
ana the Boston & Maine, by which the latter
oh ans direct connection with PennsyIvnnia
and the West by wey of the Pouohkcrm.;e
bridge, and the former gets access on favor.
aDIe terms Tor the trans. ortation of coal and
generl freight to all the territory covered h.
the Boston & Ma ne system. =!
Through traffic will pass for the present
over the Central New England & western to
SImsbury, Conn, thence to Northampton,
division of the consolidated road. and iron,
no Hampton eastward by the Central Mas.
sach sets. 4@"'"