The Anaconda standard., 1898-11-21

/ needed. but since 1sS2. through the years
| OF business depression. OF for ths FIVE
years ending 1857. we built on the aver
| age only G.ooo freight cars year. there
are indications that the year isS will
show much greater activity n this line.
! The railroads OF the country could tso
/ to advantage 100000 more freight cars
| than they now have. IL is clear that re-
newed activity in freight ca building
must continue for some years.
There are now $500 locomotives IN use.
10000 Of them being in passenger service.
| All these passenger enginss are fitted
| with train brakes and more taan half
| OF them with automatic couplers. Each
passenger engine handled upon an av.r-
age more than $1,000 passengers during
the year and ran nearly 1..j0.dOo miles.
Each freight locomotive on an average
drew 5000 tons OF freight.
Our freight trains for the year ended
Sept. l carried 1so.coOo0 tons of freight
and every ton was carried on an average
le5 miles. making In all s5.0oO.o0oooo tons
OF freight carried one mile. While the av-
erage cost of carrying a ton of freight
one mile was eight-tenths OF n cent. IL
was only six-tenths OF cent in some Of
the states. The cost OF carrying freight
has steadily fallen from cents n mile
per ton in 1867 to it's present low rate.
Our railroads last year had to carry
ton of freight $50 miles TO make 81 and
the freight work done was equivalent 20
carrying one ton 1900 miles for every
man. woman and child Of the population.
More than three-fourths of the receipts
OF our railroads are for freight.
Our railroads. with their 10.000 passen-
ger engines and $500 cars for passenger
trains. carried $50 600. 900 passengers during
the year ended Sept. l, and received for
this service s275. .0oo. 900. The roads had %
carry a passenger 500 miles In order TO
make 81. The net earnings OF the roads
for the year were a little more than
81 100000 day.
A railway official who Is well Informed
concerneing the intentions OF President
Hill of the Great Northern. says that
eventually he will secure control of the
Baltimore a. Ohio lines. and that the
Chicago Great Western will be made the
connecting link between the Baltimore &
Ohio and the Great Northern, the inform
ant saying that there is something be-
sides rumor In the report that President
Hill has already secured control OF the
Chicago Great Western so far as to In
sure Its being the connecting link between
the Baltimore & Ohio and the Great
Northern. There are at present some
very interesting fights for control In pro-
gress. this being one. The Brice syndi-
cate is seeking control OF certain roads
To form the new trunk line to the sea-
board. The Santa Fe is bringing a pres
sure to bear on the Southern Pacific
which. II not successful in securing en-
trance to San Francisco on favorable
terms over the Southern Pacific track.
means the building of an independent
line into San Francisco.
The same authority says that President
Hill will never rest until he invades the
territory of the Canadian Pacific In the
Northwest. Mr.. Hin is a Canadian by
birth. has many influential friends in
Canada. and when the proper time comes
Will carry his plans into effect through
the influence his friends can exercise over
parliament. which Is the only obstacle
to his beginning extensions In Canadian
Pacific territory. permission from the
parliament of Canada being necessary be-
fore he assumes such an aggressive step.
The following was yesterday received
from the Central Anti-Ticket Scalplng
committee OF Chicago:
The board of directors of the Interstate
Merchants association OF st. Louis has
decided to hold a mercantile and railway
conference In that city Nov. % TO arrange
for a campaign In favor of the anti
scalping law now before congress. Repre-
sentatives from the commercial organiza-
tions OF all the principal cities in the
United States will be invited by the as
sociation TO meet and banquet at the
Mercantile club In st. Louis to accom-
pllsh what is desired. 1t is the intention
OF the Interstate Merchants association
To make this occasion the largest and
most representative gathering of the kind
ever held In Ais country. The anti-ticket
scalping movement was indorsed "a the
last meeting of the Interstate Merchants
association In st. Louis and this meeting
is to be held for the purpose of arousing
n more general interest in the pending
legislation. President Strauss, referring
to the proposed meeting yesterday. said:
Ticket scalping Is a great and growing
evil. and II not only promotes trickery
and forgery but is usually the cause of
the frequent rate wars which are so dis
astrous to botn the railroad and the COM
mercial interests of the country Mer-
chants and railroad men in all parts of
the country are beginning TO learn that
their interests are mutual and are Join
ing hands to work for their common in
terest."
The financial statement Of the Union
Pacific for the month of September has
just been issued. showing a decrease In
the earnings.
The gross earnings for the month were
81, ,7s2.sls as compared with sl.7e6.7Oi for
the same period in 1897. a decrease OF
sii.0S6. The operating expenses and taxes
for the month amounted TO S9Oi S2G ms
compared with si.05s 4e6 for September.
1897. a decrease of sl56 $40. The net earn
ings are reported at $50. 7sl. which is an
increase of sl12.554 over the corresponding
period during the previous year.
The gross earnings for the three months
ended Sept. 30 were 81. 7s3. go. a decrease
OF s7S5. as compared with 1897. The ope-
rating expenses and taxes were s2sla 7i7,
a decrease OF $50. 799. The net earnings for
the three months were s2.is3.5i2, an in