The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-03-21

who meet on Thursday, will probably
make the reduction universal. One Of
the officials of the Lehigh Valley road
admitted on Monday TO IL reporter for
the Philadelphia Inquirer that the
company WAS settling on the 40 per
cent, basis, Partial payments are made
by the shippers weekly. and tho bal
ance is adjusted at the end of the
month II was intimated elsewhere
that other companies were doing the
same thing, although their methods Of
were somewhat diff 4rsnt
from those employed by the L9high
Valley road. For two years thu rate
from the mines TO Naw York harbor
has been $l7j. Bat when Mr..
arranged to purcha1e the
output Of the L9high Valley,
Individual operators at the mines pay
ing go per cent. of the selling price Of
the coal ut tide water the tiX9i rate
was changed. Tao Pennsylvania rail
road notified all Its shippers it would
carry all their coal for 10 per cent. ,aud
has ever since stood out on this basis.
Prior TO this time tho Ontario and
Western had made co tracts with its
shippers on tho 40 per cent. ba9is, SO
that a considerable proportion of the
business has been carried on this plan
for some time. The shippers over the
road have bsen quite rest.
less over the TACT that they were called
upon to pay moro than my other pro-
ducers, and Vice President Holden has
made several ramonstrances lately on
this pOlnt The new rate is quite a re-
duction nvar that formerly in forcs
Prior to 1887 the companies demanded
50 per cent. oI the selling pCic. for
transportation to New York and 30 per
cent. of the selling price for trauspor-
tation to Philadelphia. The new rate
Of 40 per cent. to New York will, there.
fora, involve quite sum The Phila-
delphia rate over the Reading will also
be changed, but tho percsntage has not
been fixed,
About April l the Pennsylvania
canal will be opened for navigation
At the close OF the year endel Dec 81,
1893. the number of boats owned by
the company in whole or in part was
25j TWeuty-six OF these were con.
demned rr abandoned during the year.
One hundred and eighty boats were
repaired at the complnys yard during
the year 1893 OF these twelve were
partially rebuilt and forty repointad.
The average amount OF repairs to each
oat was &S5 q, az against $40 81 in
1892 The compnnv'a boats transported
during ths year 1893, SIG 14j gross
tons of coal and {. S53 gcosI toas Of lum.
Der. The average tonnage Of all kinds
was 316 5j2 net tons. The steamer and
barge being the most profitable Of the
compGnys implements OF tran5porta-
ton, being worn out We're replaced hy
new boats at a cost Of 81. sos. 10
These boats ara now in condition. to b5
operated for ten or twelve years ut lit
tie expense for repairs. The repairs
dock have been partly rebuilt and are
now good. On Jan /, 1898 the entire
amount Of the funded debt outstanding
was So, 553 OF the general mortgage
bonds maturing 1910 Of the pnr value
OF 2,553. 000, which amount remains
the same
The committee appointed by ex-
Mayor Vaux, chairman of the Pennsyl
vania railroad, annual meeting. held
on Tuesday last to nominate thirteen
directors, 70 be voted for ut the annual
election on Tuesday next. mat Monday
and named the present thirteen mem
bers Of the board.
The Sea Board Steam Coal asBocia-
tion, composed Of soft coal operators,
has just issued its spring circular oi
prices. The prices givIn in the circu-
lar for philadelphia, Baltimore md
Hampton Roads are 50 % T. o. b. per
ton, and for New York SO alongsid.
pier. This Is a reduction Of % cents
per ton In the present prices, and is tnt
result of tho meeting of the association
held on Friday last.
The Pennsylvania Railroad company
has more tracks laid in Philadelphii
than it would take to buill n single
line from here TO Pittsburg. 1t is no
generally known what the mileage o
the Pennsylvania railroad is in tha
city, many people thinking it is no
much more than 100 miles Chief En-.
gineer Brown. who loves statistics, ba,
Just prepared table which shows tn,
mileage. 1t Ia as follows: Pennsylvania
railroad proper 1856 miles; United Rail
roads OF New Jersey, 14S miles; POila
delphia, Wilmington ami Baltimore, a
miles; junction railroad, 8 miles max
ing grand total of 5S3 miles. This i
more than enough to construct singl
track road form there to Pittsburg
there being thirty nine miles of track
which can be devoted to passenger sid
iDgs, etc. II all the tracks of tho Penn
sylvania railroad wers strung out il
one straight line there would be enough
to lay four tracks from Portland, Ne
to San Francisco. and there would b
eighty-three miles left over whicI
could be used for sidings Or tho tota
mileage of the Pennsylvania railroad
would be enough to puta circle Hroun'
the globe at forty-hfth parallel Of lati
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