New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-18
RAILROAD INTERESTS.
BALTIMORE AND OHIO FlNANCEo'
REPORTS At THE DIRECTIONS

BALTIMORE AND OHIO FINANCE
ENCOURAGING REPORTS At THE DIRECTORS
MEETING IN BALTIMORE
Baltimore. Sept Il (speclal hase'' "a , Wv.
baltimore and Ohio Railroad presueu o..' Wv -
tors meeting to-day for the hrst UNI. ~ -, certain
He is reported TO have made s'a'o"o"V " T., ~
non.,o, arranoements he had effected wniie III Loh
don and referred TO the fact that WORK u" '"o w..
Delt road had begun and would DC i"p', a~c,.,
completion He also spoke OF the ih'rc"ee a..
prosperity Of the company ana t'e o." .s -, vorr
yelopmcnt of tho through tranlc oHc' ''o ., 49,,
rd PHILADELPHIA division. The fiscal year VI '''o C
rorv terminates september 80. ana t"c ''''o"e
statement showing the gross earnings "'u -. hu-i
eleven months gives fair idea OF u~ .p ., o.,
moss for tho year: On the lines east OF '''e o
,pys 81 : On0 O43 increase s. .208.3:o' expense,
ooo -, ircrase Al 43l1sl; net increase So4o'lto'
On IN, lines west of the Ohio-Earnnes SA"'-o
increase s3OOosG; expenses S4'li'''''' ''>'
$3.50 1913: net increase S5O3l3. q,
me summary Of tho entire system east ana "e'' Vi
the Ohio gives the earnings as 'ooo ~,
90 -o7 ol5 expens,s .325. increase Si''o
net increase So0j.461. s,,.,
For several month, past there has been Rra""''
decline In receipts Of grain from the West ana ''c .H
ports to foreign countries Of c.t seem to have kept
U n Tho natural Increase shown from year 10 va
The excursion sea>on which closed aoJu, rsar Tho
Tai S and nas Ohio i doing 0 aSd
ness on its passenger between "a1h reent dis
a6ou te orse Of the capital stock OF the
Baltimore and Ohio 1t Is said to be ineV''a''''
ROCK ISLANDS NEW ROUTE TO sIol ~
Chicago Sept. II (Specal).-The hock 's' '
formed q route to sioux CITY. ~"sn to" n all
roads say will prove demorallznK iac'or !" ."
business from Northwestern points. The io"'c wi"
.i,,s OF the Rock Island, burlington. Ceoar ''P"s
and Northern and Sioux City ana Nor'hcrh '""o'
Under the mileage tariff OF the Iowa 'o""ii,''' '
length OF this route will extend the oio'A ivy NV
TO point within fifteen miles OF oio"A f'',S ~
pont has ALWAYS taken rates per cent h'g'cr VIC"
Sioux City. but owing 10 the Goat HOT" ,o"o VI
the Rock Island the rates must be practically inc SAM
C,.oou.n,,v the Illinois Central has given pOtre
.,, an sentem,er % IL will apply Sioux city rates
| ut sioux Falls. ,. s,o.,,
ON being Informed ~ this action TIC Lane '"p
lines immediately took steps 10 meet '"o ''N'
rates by way Of It. Paul and Duinh' ana ''e 'o''
sequence will be reduction Of per cent and up""'u
fr,m all Dakota and Western points NJ this H'o'i's
meeting Of Western lines 1t was decided 10 iA"e e"'
rate, from sioux CITY two cents higher thdh I"m'
Omaha The formation Of the new route OF the i"''
island wa, not known II bring con>dcrcu ''a' oi''N
Cny not competing point o' either NV '''
| Island " Alton In pursuance "' ,c'"'""' ~
ution therefore. the order Of The i!'ef''''e No'''
tomll>> ion for twenty cen, rate from all Missouri
River points was TO he ignored. The Ko'h iSia"u VIII
| upset this however. " making u twenty ceh' t''o
from sioux tity and, of course the RATE VIII w 't''u
To sollN Fall, and point, further West mus '"'"D's
rate, In mannet which, 1t /, feared Dy r,iroAn pie,;
v Ill lead extensive d"ni"raIai'n Inc i"h ~,
viii also r,.iurc grain rate. kau-a> aud Ne'r'>k,
md Will apply the reduced wheat rate Oh n.'r ,''
! The reduced corn rate nil!>uN. rye ana h'tl
! tomlrt,ng llI-> say the I;o'h Island viii 'ran ,''
Western Freight Association agreement b ,i'''t
action and tn, result is certain Ia H. "iinsr' ~
fhe comlntitors OF the Rock Island hav" NOT hlahe
r,|iuc ton, mentioned ~ !h'ir ,a''t, 1 ,,