The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-06-28
GENERAL NEWS
OF INDUSTRIES

The report Of the receivers of the
Philadelphia and Reading Railroad
company for the month of Nav, 1894,
shows: Gross rrcsipts. 81 62S. $50;
gross expenses, $0J1, 2S3; leaving a
profit in operating of $G76, 936; net re-
ceipts from other sources. $40 040
profit for ths month. $71S 99j. From
this is to be deducted $92, 062 equipment
payments; $50, 900 for terminal track
age and $7O5,OOO for one twslfth
Of the current years fixed
charges, showing net deficit
for the month of Sl2s,974 The to-
total deficit for the fiscal year to date
is ST. 94S, OO9, an increase of &196 81 as
compared with the corresponding pc.
riod for the fiscal year of 1898 The
statement for the Coal and Iron com
napy for the month Of May, 1894. shows
gross receipts. s.. 1876. SS7; gross ex-
penses, 81, 37l 002. including $t22 900
one.twelfth OF the current yenr's fixed
changes, leaving deficit of 1884. 1865
For the corresponding month Of 1898
the deficit was SAG l43 The total De.
hcit for the current fiscal year ia
S94l, 1915 S8, an increase OF S32S, $40 81
over the corresponding fiscal year OF
1898
Statement of the business OF all lines
Of the Pennsylvania Railroad COM
pany. All lines east of Pittsturg aud
Erie for May, 1894, "a compared with
the same month in 1898 shows de-
crease In gross earnings of $l,Sl3, 9l9,
decrease in expenses OF 1864, ,S1S, de-
crease in net earnings Of S9l9 500. The
i've months of 1894 us compared
with the same period of 1898
, show decrease in gross earn
ings OF $6, OH, O50, decrease in ex-
penses of S4,Gj7 SS4. decrease
In net earnings OF 81, 1853, GA, All lines
west OF Pittsburg and Erie for May
1894 rs compared with the same month
in 1893 shows a decrease in gross earn
ing of $1,000 PCS. decrease in ex-
penses of 1854 2S0. decrease in net
earnings of $7S5, 9SS. The five months
of 1894 as compared with the same
period Of 1898 shows a decease in gross
earnings of SO 4j7 Sis. a decrease in
expenses Of s., 377. 283. decrease in
net earnings of 81, ESQ, 52S
The opening OF the Frapkford branch
Of the Reading railroad will take place
on Monday next, instead OF on Sunday.
as at first intended. The train sched-
ules are now being prepared fo 1t.
There will be eighteen trains each way
on week days, and they will cover the
distance between the Terminal and
Frankford in twenty-ssven minutes,
stopping at Spring Garden street, Co
lumbia avenue, Wayne Junction and
Olney. II the volume Of travel meets
the expectations it is probable that
more trains will he added and the time
reduced. Temporary ticket Office and
and train sheds have been erected at
Main and Unity streets, Frankford.
The fares. both single and commuta-
tion, will be the same as now charged
on the Pennsylvania railroad.
An official circular from Vice Presi-
dent Sayre, Of the Lehigh Valley, an
nounces the appointment of J. T.
Schaperkotter as general agent of the
company, in addition to his duties as
real estate agent, with headquarters in
Philadelphia, No man, says the Times.
stands higher in the estimation of the
management of the Lehigh Valley than
Mr.. Schaperkotter, or has closer con-
ndential relations with the embers of
the executive staff. His long connec-
tion with the company in an important
capacity, and the responsibilities en-.
trusted to him have given him an in.
innate knowledge of its affairs. and
have made his services of unusual
value. In his new position he will have
charge Of interests that will call for
the exercise ofitact and good judgment.
An official circular, issued by Mr..
Schaperkotter makes known the ap-
pointment Of Thomas w. Hume as
assistant real estate agent.
Assistant General Traffic Manager.
Kingston, of the Lshigh Valley, reports
that his company Is now moving an
immense amount of freight, prinoi-
pally OF anthracite coal, of course, and
1t is doing better lake business than
heretofore, In addition, the passenger
traffic has been also steadily improy-
ing. Officials of the Reading make
similar reports. Their anthracite coal
tonnage is very large. especially to the
west. The shipments last week ag-
gregated SO7, 656 tons, an increase over
the same week in 1893 of 80. SO7 tons.
This reduces the decrease for the wear
to Date to 1,0S6. j26 tons. Readings
shipments Of general merchandise are
also Increasing, and passenger business
has been quite heavy, particularly TO
pleasure resorts and on suburban lines.
MINOR INDUSTRIAL NOTES:
The Lehigh Valley is in the market for
1000 coal cars.
There was decrease Of 49, SOZ IS tons in
the Readings coal tonnage for the week
ended June 25r
1t is reported that the Eehigh Valley
hallroad company intends erecting pas.
senger station at Slocum's crossing. 1t
VIII Do IN charge OF station agent and all
trains will stop there.
The use Of hard coal is causing FREQUENT
delays on the Falls road says the Roches-
ter Post Express. Yesterday the fres on
one engine went out at Medina and the
train pulled into Rochester an hour late.
The Delaware, Lacliawauna and West
ern company has force OF painters ut
work on its Susquehanna avenue station
In West Pittsyoh. Both the inside and
the outside will so through their hands.
George W. Outfit who year ago took
the esuperintendency Of the central division
OF the New York and New England, has re.
signed on account OF i'll health. Thomas
W, herman, Of ST. Louis, will take his
The New York and New England rail-
ROAD reorganization committee gives no.