The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-09
FOLLOWING HARBoR LINES.
PLANT SYSTEM WHARVES ARE
NOW BEING REALsGNED.

/ Ing lneering Department of the
Road Busy with Wharf Improve
| Notwithstanding With Harbor
Lines Given Out by the Govern
ment Calls for New Work by the
! COmpHny-ImprOvcm VIII he
of substantial Character-FOI-
lowing the Lines VIII Demand
Dredgfng-"Pico" VIII BE Brought
Here 10 Do It-Nevs of south
Roads.
The engineering department of the Plant
System is going ahead with the improve
ments on its wharf property. Just az
present it is being pushed right along the
river front. The wharf is being made to
conform with the harbor lines that have
been given out by the government.
The system is making its work on its
wharves substantial. The improvements
will be lasting, as a method is being fol-
lowed that viii make them of the BEST
/ The wharf will be on piling for not more
than distance of fifteen feet from the
harbor lines. Then cri5bing viii be the
means employed for furnishing the foun-
dalton, and this VIII make a very secure
}
/ To conform to the harbor lines some
| dredging will be necessary. This viii
/ have 90 be done by the company. one
/ of the largest and best equipped dredges
/ in the country is the "Pico," which is
/ owned by the Pant Investment Company
| from the initials of which it derives its
name. This dredge is now at Brunswick
1 where it arrived only day or two ago to
do some dredging for the companys ter
minals. 1t came around, towed by TUGS,
/ from Port Tampa. where it was in use for
! a long time dredging out the immense
I slip that is under course of construction
/ A stop was made at Jacksonville, where
/ the "Pico" went into dry dock to have her
! bottom scraped. 1t is expected the work
/ at Brunswick win require some two or
! three months, and on its completion the
dredge will be brought to Savannah.
The syndicate which made the offer of
| 800 a share for the pooled stock of the
/ Seaboard and Roanoke Railroad Company
! was formed by John L. Williams & Sons
! and the Richmond Trust and Safe Deposit
/ Company of Richmond. Va. Middendorf,
! Oliver & Co, the Mercantile Trust and
| Deposit Company and the Baltimore Trust
! and Guarantee Company of Baltimore and
]
! New York. Most of the capital is from
! Baltimore and Richmond.
! In carrying on its negotiations for the
i control of the Seaboard Air Line the syn
dictate moved rapidly. Christmas week
was the time of the first definite proposal
and on Christmas eve the proposition had
| been reduced 10 the form of a contract
! with the required guarantee that It would
be carried out
Railroad earnings for December were
$34 AL. 724. So per cent. over 1887 and &c per
! cent. over 1892. All classes of roads report
larger earnings than for 1897. Earnings in
the last half of the month are relatively
larger than in the first half
Last year was not a disastrous one, as
indicated by receiverships, for the rail-
roads in the United States. BY comparison
with former years it showed up very well.
being less in capitalization and mileage
involved than for any year since 1882, until
the last day of the year. This is what the
Railway Age will have TO say of receiver
ships for 1898:
"As a natural, coronary of the improve
ment in railway business which marked
the past year. we find that the number of
railway companies placed in the hands of
receivers was comparatively small Indeed.
tails for 1898 were much less, in respect
to both mileage and capitalization, than in
any year since 1882. On Dec. 81 however
it was unexpectedly announced that re-
ceiver had been appointed for the BaIti-
more and Ohio Southwestern and to this
one company must be charged As per cent
of the total mileage and so per cent. of the
total capitalization represented by the
companies becoming insolvent in
1898. These comprise IS roads
most of them having less
than 100 miles of line-showing an aggre
gate OF 2,069 miles, and of 1888 millions of
| securities involved"
Mr.. Fred D. Bush, division passenger
agent for the louisville and Nashville
Railroad, with office at Atlanta. was
among the visitors who spent Saturday in
the city. Mr.. Bush has many friends
among the railroad men in Savannah and
they are always glad to welcome him on
the occasions of his visits.
+ Mr.. w. j. Rosser travelling freight and
passenger agent for the Burlington Route
was down from Atlanta Saturday on bus
| mess.
Mr.. e. H. Hinton, Traffic manager Of
the Central Railroad, returned Saturday
| from a trip North.
Mr.. T. S. Tutwilder, chief engineer of
the Plant System, was at Brunswick Sat-
urday overlooking work that is in nro-
! gress there at the terminals of the BrIns-
wick and Western.
Rapid work is being done at Tampa by
a force of Plant System hands on the race
course that is shortly to be used for nm
| ming and trotting racers. The course was
constructed in 1897, and was used last sea-
son, though not as one of the tracks or
the association. This season the races viii
be reoprted throughout the country. and II
is expected that the best horses win he
entered. The present meet at New Or
leans with the racing strings there will ba
transferred to Tampa as soon as the season
at the Louisiana city is over. 1t is expect
ed the establishment of the course and Sic
being included In the Southern circuit wiz
be a great advantage 60 the Tampa bust