New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-02
THREE MONTHS ACTIVITY.
BROOKLYN RAPID TRANsITS REMARK
ABLE RECORD
CHANGES WHICH HAVE BEEN BROUGHT ABOUT
SINCE THE NEW YEAR CAME IN

SINCE THE NEW YEAR CAME IN
PLANS FOR THE FUTURE
The last day OF March marked the close of the
greatest three months in the history of the Brook
lyn Rapid Transit Company and last week
fitting climax to the preceding ones Never before
in the history OF Brooklyn railroads have many
things been accomplished IN short a time. Be
ginning in January the capital stock the transit
company increased from 500 100000 10 A5OcocO
Interest then centred in what going to be dore
with the immense surplus Of capital stock. Then
followed tho purchase of the Nassau Electric Rail-
road built by Tom l.. and Albert Johnson.
This deal scarcely closed before Ex-Governor
Flower and his friends bought at foreclosure sale
the old Brighton Beach road for $4,000, and a
week ago yesterday the transit company acquired
control of the Brooklyn elevated road. which on the
same day had passed from receivers hands
There are two more systems not owned or con-
troled by the transit co npany-the Kings County
elevated and the Coney Island and Brooklyn sur
face road. This latter corporation takes In the
Sn.ith-st line and the DeKab-ave line As soon
as the Kings County road has been reorganized IL
Will doubtless be absorbed as the others were. and
the Coney Island and Brooklyn road can be Sc
cured whenever the transit people are Wiling u
pay stin price. NJ, ,r.,.
stock in Wall Street lowered around ~, alter "a a
heavy days trading In wh,n more IMAM nS'c ~.
i34 and 1t was the leader in the days business ',s
looked Tor bur the brokers and their customers,
after thinking about it on Monday night decided
that Il was st a good thing TO have ana on
Tuesday Transit gained points and l5o"U shaies
changed hands Wednesday was the greatest DAY
OF all however. the stock jumped points, broke
and closed with d net gain of points fortunes
were made by the hull interest. and there are
plentv OF people who thirk that Transit has not yet
reached hgh-water mark. - ,,, 49,.
In ALI the changes since Ex-Governor Flower got
possession OF the road change has been mace
IN the executive control. and President Rooster
and Secretary Williams are managing the I'm
mense combined interests without russ or Worr-
nent and with little additional clerical help;
President Rossiter's improvement pans ihcIuue
the complete equipment of the Brooklyn elevated
with electricity before hot weather sets IN Inc
only thing to retard him Is the failure OF me
manufacturers to out the new work ordered
fast enough -, ,ra,. x,anocars
has had stimulating effect on real estate, ana me
tide of immigration Is steadily ana strongly toWaru
Brooklvn One of the innovations Whlch VIII De
watched with great interest is the placing OF open
car on the Brooklyn elevated. Hauled by motors
and without dust smoke or unnecessary noise
president Rossiter believes that ride az night IN
the open air high above the street VIII prove Il
nonular attraction Another improvement VIII ne
Elevators at the busiest stations 10 ooViate the
labor Of climbing long stairs 10 get 70 the cars
Direct trolley connection with Manhattan beaSn
e 10 be provided. and better facilities on the
Bridge. .-.. ,,.,,,ou,s have
,,lanned an exceedingly busy summer lot tnelH-
selves but they are determined 10 make their I'M
mense transportation system as nearly perfect as
nossble within the next twelve months