New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-30
RAILROAD INTERESTS.
EXTENDING THE MoNoN LINE.

The Stockholders of the Louisville, New Albany ana
Chicago Railroad Company, at special neetihS yes
terday authorized the directors to make Two important
extensions by which the business OF the road pioOaoD
will he largely increased The vote was uhaiiniouS
4, two, 81 the plans One extension, which Will be
about thirty miles long, will be into the Brazil eoa'
fields of Indiana. The Chicago and Eastern Illinois
K the priucipal line IN that territory and this short
extension will give the "MOnOn' line part o. the
traffic The other extension Is continuation VI 'io
rIoans West Baden and French Lick branch to Evans
Vile, Ind distance Of about eighty miles, ihis VIII
give the company another connection with inc LOUIS
Vile ana Nashville Railroad and will make sho1
line between Cincinnati and ST. Louis On accouhs
Of the Intimate relations that exist between the two
companies the Louisville and Nashville will give 10
the MoEon7 large business that now goes 10 other
lines. Work these extensions Will De peeuh a'
once Ii is probable that they will be built by IN
dependent companies which will be conuOued oy 'iio
Louisville. New-Albany and Chicago.
AT the meeting yesterday President Breyfosle' VINO
has recently made an inspection of the road In COM
pany with some of the directors reported that the
condition Of the road had been greatly improved.
large number of ties and the roadbed been freshly
bailssted The equipment had been Increased Dy ue
1ad that the ea ni0gs which had shown large increases
would have been much larger If the facilities for hand
ling the traffic had been better, but that senerl
thousand had been used III necessary repair WORK.
RUMoR ABOUT B. AND o. SOUTHWESTERN DENIED
Baltimore, Oct. 29.-In regard 70 a sensational
dispatch from Cincinnati to Chicago paper that IT
is rumOred that the Brce Thomas people are making
strenuous efforts 70 enough Of the stock Of the
baltimore and Ohio southwestern Company to give
them controlling interest in the line, with view 10
consolidating 1t with the East Tennessee Virginia and
Georgia Railroad system this much can be saio:
The baltimore and Ohio Railroad Company owns
4 majority of the common Stock OF the
baltimore and Ohio Southwestern Company. II the
Br:ceThomas people want controlling interest IN te
latter thew must buy 1t from the Baltimore and Ohio
Railroad Company. The executive olhcers Of the
Baltimore and Ohio will be In the market 10 sen OUT
To- sell baltimore and Ohio Railroad stock ana leave
the railroad business There is no basis OF ruin LII
the rumOr
rop A RIG COAL STORAGE STATION.
~ the largest coal storage stations in the world
IS now, being built at South Planfed. n. j., by the
Lehicb Valley Railroad Company. This plant Will
Accommodate sixty huge coal piles OF 10000 tons
each and agrreeating 100000 tons. 1t Will require
several wears of labor on the part OF the company 10
compe,e and equip these yards for the storage d the
coal Four hundred acres Of farm land. which were
recently purchased By the company, Will be uuhHea
for the wards Within this enclosure are to DC ad 10
miles 81 railroad tracks, The work has been ALREADY
begun The ground is being cleared anu to ,oSor
the network OF tracks LAID. The most iHpro.eu iaU IT,
saving machinery will be used ,brteeU cents per ton
The estimated cost OF delivering coal from tie Piopo0
yard is but five cents per ton.
NORFOLK AND WESTERN EARNINGS.
Philadelphia Oct. 29.-The statement OF the Nor'oA
and westerd Railroad Company for September, loSo.