Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-05
MORE RAPID TRANSIT.
Plans of the Pittsburg, Allegheny
and Manchester Company.
VERY NEARLY A HALF MILLION
Likely to be Added by Vote To-Day to the
Present Indebtedness.
A FINE ELECTRIC EQUIPMENT SURE

Pursuant to the advertised notice,-the
stockholders Of the Pittsburg, Allegheny
and Manchester Street Railway Company
will meet to-day to vote for or against an in
crease of the Indebtedness of the company.
The amount comprehended in their vote is
between $3.50, 900 and $475, 900, and the un-
derstanding is that the sum mentioned shall
include the new and novel features in pros
pect in changing the power from the plod-
ding horse or mule to the frisky electric
fluid.
1t is believed that large majority of the
stockholders will vote in favor of the in
crease, and that the bonds to cover the
amount designated by the voters to-day will
be Immediately issued. The people who are
anxious to snap up the bonds are standing
around waiting for the chance. 1t is conf
dently expected that the bonds will bring a
premium. The first thing to be done will be
to expand the stock, reorganizing the COM
pany and giving each old share eight in ex-
change of the new.
The newly constituted company will then
commence to improve as rapidly as possi-
BILE. A S100, 900 power house Will be erected
on the site of the short line stables, on
Beaver avenue.
THE OLD LINES FIRST.
A portion of the stockholders desired to
sell the short line stable property, and put
the power house between Manchester and
Woods Run, thus committing the company
to the policy of operating electric lines from
as far down the river as Bellevue to Pitts
burg. 1t was finally determined, however,
to throw only the present extent of lines
into the electric system, and wait awhile on
the rest
The power house will, therefore, be erected
on Beaver avenue, and with as little delay
as possible. The poles for the electric wire
system will be iron, with wooden covering
to height of Is feet, so as to avoid all accI-
dents of any description. Every modern
appliance will be made use of, and the cars
are to be the handsomest running in the
city. The minor points in regard to the
change have been very carefully looked up.
and absolute dependence is placed upon the
figures obtained.
1t is ascertained that the big loop in Pitts
burg. recently alluded to in THE DIS
PATCH, is practically assured and figures
in the Improvements contemplated, as we'll
as in the money to be raised by bonds. The
route of the loop is from Sixth street to
Market, along Market to Water, on Water
to WOOD, Wood to Sixth avenue, down
Sixth avenue to Liberty, and thence to Sixth
street.
THE LOOP ASSURED.
The loop is practically assured by the ar
rangement made In regard to the Transverse
tracks on Wood street, which are to be used
for a consideration. A slight snag was
struck on Market street, where the Birming-
ham Short line tracks occupy the middle OF
the street, between Second and Third
avenues, but competent legal advice was OBJ
tanned in regard to the possibilities of shar-
ing the street. Inasmuch as the Birming-
ham cars go toward the east, and the P, A. s.
NJ. cars are to move westward, there could
be no well-founded objection taken. The
same point arose in regard to Sixth avenue,
between Wood street and Liberty, where the
Pleasant Valley tracks occupy the street at
present. But the cars go in opposite direc-
tions, as in the other case.
The entrance OF the P, A. & M. upon
Wood street would make it a busy traffic
The corner of Sixth and
Wood streets would be wonderfully active.
The P, A. & NJ. will 60 right ahead and
provide Alleghenians with the most modern
equipment in either city, and the public
will be especially pleased to learn that a
belief has found expression among its stock
holders that a 5-cent fare ought to be
feature of the new electric system when it
comes in