The times. [volume] (Richmond, Va.) 1890-1903, 1900-03-18
81
.LA EST NE
RAILROADS ]! {: J. \! S;
Newport. News e Terminals Rapidly.
Nearing Completion.
HUNTlNGToN's| HANDS ARE FREE.
Southern Pacilc,s Presidents Plans.
Will be Carried Out With No
Oppcsition-other Items
of Interest,
4UNTINGTON'S HANDS zARE FREE.

of Interest,
Il is reported that the Newport News
terminals Of the Chesapeake and Ohio
Railway will be completed by July LIST,
and will be in operation by that date.
The cost Of these improvements Is s25c0,-
coo. The new grain elevator, with a
working capacity of 1,GH1,eGO bushels, is
about one-fourth completed. Pier 8,
which has been remodeled into COM
bination grain and export pier, and
which is directly opposite the new ele-5
vator, las been completed. The grain
conveyor above the pier has also been
completed, and the force is busy erecting
that part which will connect the elevator
and the pier. Grain will be loaded on
the south side of Pier S.
Some distance below this pier is Pier
No. 10, which will be used exclusively
for loading bunker steamers. The body
Of this pier has been built and the
sloping trestle has been finished from
the railroad yard almost to the waters
edge The work of erecting the trestle
on the pier will commence shortly. Be-
tween these two piers another pier will
be started shortly. It will be known
as No. and will be an immense double
deck export pier, the largest ever built
in the country.
The Chesapeake and Ohio is making
preparations to improve its passenger
service as we'll. About May another
daily train will be added to the line
between Newport News and Richmond,
making three each way.
HUNTINGTON TALKS CT PLANS.
Coils P. Huntington, president Of the
Southern Pacific Railway and the New
port News Shipbuikding and Dry Dock
Company, is now making tour of In
spection Of his lines. While In Calves
ton. Texas, Mr.. Huntington, said: we
will be taking your cotton away from
Galveston over our own wharyes TINS
year.
The Southern Pacific has purchased the
Galveston, Houston and Northern since
Mr.. Huntington's last trip to calves
ton. He was asked If the deal for the
purchase of the Houston, East and West
Texas Railroad had been closed There
ara~a details in connection With the
sale thdN are not entirely closed. l
believe that these matters will be ar
ranged, and I am expecting a telegram
within TIE next two days announcing
the Closing of the matter The cttlesi
Of the duff coast have paid entirely too
much attention to the water, Mr.
Huntington said. They have attached
100 I1JuCn III pOl ldIiSO "
of the ports and have neglected their
oppcttunities for manufacturing
TIE Southern Pacific pier. now under
construction at Galveston, Will be one
Of the finest in the United States. 1t
| will accommodate eleven large ships at
one time.
From New York comes the report that
a large number of stockholders or the
Hous ton. East and West Texas Railroad
kl.S- hold fy,cpc Nf r
right to the banking firm of Blair &
CO. who own a controlling interest in
the road It is understood that the
stock was bought In on basis Of S3o
n share. and that C.. p. Huntington will
be the purchaser. a capitalist who was
prominently identified with the Mexican
international and other Mexican roads,
is quoted as saying that MIR. Hunting
ton is now actively engaged In pushing
extensions of his roads from Durango
toward Nrazatlan. on the Pacific coast.
The Crockers, he said. always opposed
Mr. .Huntington's plans in this direction,
but now that he has a free hand he will
carry out his long cherished project.
RAILROAD NOTES.
Mr. F. L. Marshall, Jr.. travelling
freight agent of the Baltimore and Ohio.
with headquarters at Baltimore, IS
Richmond visitor.
Mr.. George S. Sipp. car service agent
of the. Chesapeake and Ohio, has return
ed from the West.
Captain c. w Westbury. travelling
passenger agent of the Southern, IS IN
" est Point.
Pittsburg traffic officials have agreed
ON an advance Of 25 cents a ton IN coii
rates from the PTttsburg district to Bur
faIo and other points north and east 20
become effective April list. This sharp
advance will affect a vast tonnage anu
bring the rate UP to the advance en- ssi-
board coal rates, which become eftec.'ve
at the Same time
Next Tuesday the Southern IS to award
contracts for 81, 100000 OF track and sta-
ton work from Ashevilie to Chattanooga
According to a report from Cumberland
the Baltimore and Ohio has planned 10
build a, line from Fairnont, W. Va, 20
COLUMBUS. O., and shorten its route be-
tween New york and Chicago IS or 80
miles. The cutoff between Patterson's
Creek and the Potomac will save "a hours
in the handling of fast freight.
There remains unsubscribed for under
the recent 20 per cent. stock allotment
by the Pennsylvania Railroad, 100 shares
of stock, which the directors are autnef-
lied to dispose Of. and which at the mar
ket price will net the ccnpan1 about
$50, COO additional.
President ingalls,, of the Big -Four, is
to SAN for Europe on March S1s
William II. Harrfty. Winthrop Smith
and Silas w Petit, members Of tn
Kansas city, Pittsburg and Gulf reor----
ganization commit fee, have gone to kan
sas City In order to be present al the
sale of the road at Joplin, Mo-. on Non.
day.
No confirmation can be had of runors
that within two weeks the Burlington
management will announce the refund:ns-
Of anot Their lot Of its bonds, whereby stock
holders will receive valuable subscri9tfcn
rights. A bun POOL has been formed IN
Boston, and is working to advance Buzz
lington on this story Interests identified
with the property say that their refund
ing plans are far-reachins. and that
sooner or later large block of bonds
will be sold to take up their present Sc
crrtties, which carry high interest rate
They deny. however, that anything OF.
this, sort will be done at any early date
City FALL Courts 7s5s