Evening star., 1897-02-09
INCREASING THE EARNINGS
Baltimore and Ohio Finances Are Looking
Up,
The Receivers Report Filed in Court
Yesterday ShOvvsIa, Hopeful and
Progressive Policy.

Railroad Company Thursday filed In the
United States court at Baltimore their re-
port concerning the disbursements from the
proceeds of receivers certificates of series
No. l for December last. 1t was stated
that on the first of that month the balance
to the credit of the receivers in that ac-
count was $607, ,32S.5S. The receivers paid out
for repairs and other expenses s12O122S2,
leaving a balance still to the credit of the
account of s4s7, ,2O5.66.
The statement for the same month re-
specting receivers certificates No showed
that on December l there was to the credit
of the receivers $571,0o0. During the month
sums were paid out as follows: General
Electric Company, $s33,O97; ]. j. Walsh &
Sons, $4,000. and the Maryland Trust Com
pany, $l17, ,O62. 49, leaving balance on hand
of $4JO.70.
Terminal improvements.
Regarding the terminal Improvement
fund, it was stated that on December 1
there was to the funds credit $S45, $40 So
The disbursements were for repairs and
improvements amounting to $11412S25.
leaving a balance of $I31 ,20O23. The gen.
eral report of receipts and disbursements
for the month stated that there was fund
of 1891 619.5S in various banks to the credit
of the receivers on December 1.
The report further stated that the total
traffic receipts for the month amounted to
81, 7S4. .9ts'.69. and the miscellaneous receipts
to $457 ,S67 81. making the net total of re-
ceptS, 81, 49,, 5000. The payments on ac-
count of traffic for the month were slO2,-
$500 and the miscellaneous payments to
s., SS3. 47197, while the cash on hand De-
cember 81 was 1898, 1867.
Increased Enrnines.
1t is stated on good authority that the
earnings of the Baltimore and Ohio are
increasing at the rate of 81 1850 day 1t Is
claimed in some quarters that the surplus
Is sufficient to suggest the hope of early re-
tirement of some of the receivers certifi-
Gates, and there Is also an impression that
when the plan of reorganization is made
public it will not call for an assessment of
more than s15 share.
The news, first published in The Star,
that it was believed that the receivers of
the Baltimore and Ohio were in sympathy
with the Norfolk and Western Railroad
Company in it's effort to reach Atlanta finds
credence in railroad circles throughout the
those usually well informed on the subject
that the plan. as outlined in The Star, will
be carried into effect at no distant day
Central Ohio Matters.
The meeting of the board of directors of
the Central Ohio Railroad Company, which
was called to meet in Columbus Ohio yes
terday, was postponed until Thursday of
next week, as it was found that some of
the directors were not able to attend at
that time 1t is expected that some action
looking to trying to recover the rentals
alleged to be held back by the receivers
of the Baltimore and Ohio for the lease of
the Central Ohio will be at least suggested
at the meeting, when held, and it is pos
sible recourse to the courts may be pro-
posed. 1t is believed. however that the
receivers of the Baltimore and Ohio will
insist on a material modification of the
present lease if the Central Ohio wishes to
continue their property under Baltimore
and Ohio management The receivers are
1t Is said, in a position to assume an inde-
pendent attitude on the subject, in view
of the fact that they are now in control OF
two other routes to Chicago, rs was fully
explained in The Star of Saturday last.
The Coal Campaign.
1t is asserted I'M some quarters that the
Baltimore and Ohio contract with the
Western Maryland to deliver, as was
stated several days ago in The Star 1900
tons of soft coal daily for the Philadelphia
and Reading. is believed to involve plans
| made up with an idea of enabling the min
ing operatives of Maryland and West Vir-
sinia to recover a portion of the trade lost
to Canadian operators in the last few
years.