The Portland daily press., 1898-02-17
THE WASHINGTON COUNTY LINE

" E~-t
THE WASHINGTON COUNTY LINE.
Part of Strang & Russell's outfit, con :
sisting of twenty-tour mules, two horses
and quantity of machinery, passed
through Ellsworth recently en- route by
rail to franklin Road where it was I'M
loaded.
h. q. Robinson, civil engineer, is pre-.
pairing the plans for the railroad bridge
across Machias river near Whitneyville.
1t is as yet undecided whether to make
span of $50 feet or two spans OF 70 feet
each Cass & Whitney are hauling out
tue stone and work on the foundation VIII
probably be begun soon.
While little work has been done on the
construction of the railroad at Esstport
since the winter began, the contractors,
Msssrs. John A. Goodman and Z. y.
Mckinney of Knoxville, Tenn, say the
four miles of road will be finished before
August next.
Two petitions have been filed at the
railroad commissioners office, by the
Washington County Railroad Co. One
asks for permission to cross at grade hlgn
ways in the towns of Hancock ana
franklin. The other petition represents
that there are two highways leading from
Ellsworth to Franklin, one called inc
cold road" and the other the new
road'' both of which will be crossed by
the railroad at points in che town OF
franklin. The company asks that Inc
commissioners cause the new ROAD 10
be changed slightly, and made TO CONNECT
with the ''old road" thus discontinulng
the "new road" for short distance, an6
thereby avoid one grade crossing.
A NEW GRAND TRUNK OFFICIAL.
Mr.. f. H. McGuigan, general superln-
tendent of the Grand Trunk Railway Sys-
tenn. has issued the following circular,
dated Tuesday, February Is:
Mr.. Marshall G. Sturtevant is hereby
appointed car service agent with head
Quarters at Montreal, with full charge OF
the distribution and use of all passenger
and freight car equipment of this system
and of foreign cars upon this company
lines, including the prompt loading, TN
loading, and forwarding of cars, giving
special attention to the movement OF
manifest or time freight and trains carry
ing the same. He will also order all for
elgn cars required, and officers OF other
railroads are respectfully requested to
communicate with him when in want OF
Grand Trunk system equipment Division
icsrs will comply with his instructions
relative TO the movement and distribution
of cars and movement of time freight
al reports relative to car mileage and
accounts will lie sent, as heretofore, to
Mr. W. H. Rossvear, general car accounts
ant at Montreal. The change is effective
February 18th.
In connection with Mr.. N. G. Sturte-
wants appointment as car service agent
of the Grand Trunk Railway System, it
is understood, that it is owing to the
large increase in work consequent upon
the amalgamation of all the lines into
one system, thereby throwing too heavy
task on Mr.. w. H. Rosevear, the general
car a accountant, in the matter OF car mile
age, accounts, distribution of equipment,
etc., so much so that it has been deemed
advisable to relieve him of the work of
distribution. Mr. Rosevear who has been
connected with the Grand Trunk Railway
for very many years, retains his position
as general car accountant
CANADIAN PACIFIC FINANCES.
At meeting of the directors of the
Canadian Pacific Railway Company Mon
day the usual half-yearly dividend of
two per cent on the preference stock was
declared, and dividend of two and a
half per cent was also declared on the or
binary stock, making with the dividend
already paid four per cent for the past
year.
The results for the year were:
Gross earnings, s24, 049, 534 90
Working expenses, ID, 745, 7b8. 90
Net earnings, 10, 3O3, 775. 90
Income from other sources, $40, FOG 90
Total net income, 10, GA, 49,. 60
Fixed charges. including
guarantees and interest on
land bonds, 6,7S3 .377. 90
Net revenue available, 1851, 1880
Out of which dividend of two per cent
on tha preference and one and q half Der