The times. [volume] (Richmond, Va.) 1890-1903, 1900-03-08
LATEST n (
TIL |. ROADS II, S.
] Trading All. Centres il Standard Rail-.
way Issues.
.fRElGH1 OFFICIALS i: { AIS CONFER l
Southern is Putting in Extensive Sid
in: and Spurs in This City-Koad
Chartercd-otl,er Items
OF Interest,".
Trading AIlsCentres in Standard Rail-
FREIGHT OFFICIALS CONFER 1 ;.l

Western stock, iout ON the New orh
market railroad issues are beng taken
I'D by the best commission housesstWho
anticipate big returns
Among the veteran observers OF the
street It has come to be the general be.
lief that when market Improvement IS
ready to show, it will appear chiehy-lf
NOT wholly-in the list OF standard rail-
way stocks. Financial Interests Of high
est Importance, both in this country and
abroad, have recently been acquiring ex-
tensive lines of stocks like Pennsylvania.
Northwestern, St. Paul, Burlington, Union
Pacific Northern Pacific and Atchison
pfd., railway issues high in market view
and of moderate prices as we'll Buying
orders being based on the record-breaking
figures which sustained earnings present.
1t is practically in uniformity that well
managed railroad properties show gains
in gross. gains in net, gains that signify
dividend prospects not heretofore coEsld-.
cred. Side lights are likely to be thrown
within the next fortnight upon the inn
portance of the new alliance between
the controllers OF the, New Pork Central
and the Pennsylvania That alliance
goes much further than has yet been
disclosed it is stated.
FRBIGHT OFFICIALS CONFER.
of Virginia held a conference yesterday
al the offices of the Associated Railways.
The meeting was presided over by Com
missioner Fitzgerald, and routine business
only was considered. Those VINO were
present were NIessrs. e. "A. Mel, general
freight agent, and ]. III. Drake, assistant
general freight agent. of the Southern;
Charles P. Caps, general freight agent,
Seaboard Air Line: II. NJ. Emerson, gene
raj, freight agent. Atlantic Coast Line;
E. ID. Hotchkiss, general freight agent,
Chesapeake and Ohio; r. B. Cooke, gene
raj freight agent, New York, Philadelphia
and Norfolk; and o. II. Roger, assistant
general freight agent, Norfolk and Yves
tern.
SOUTHERN7S NBW sIDINGS.
The Southern Railway is laying quite
an amount of sidings and spurs through
the south eastern portion of the city, for
the benefit of the various business houses.
Anew siding is being put down from
Twenty-sixth Street to Seventeenth, and
on Virginia and Mill Streets to Sixteenth.
The cost of these new tracks will be
over $4,000 and will prove a great con-,
venience to the wholesale houses in that
district. =.
RAILROAD NOTES.
The finishing touches are being put
on the offices of Assistant General Pas
senger Agent John D. Potts. of the Chesa-
peake and (Ohio Railway. When completed
the offices will present a most attractive
appearance.
Work on the remodelling of the South
erns' Main Street Offices, is befngs pushed
rapidly The finishings will be hard wood,
and the appointments modern in every
detail.
Chief Rate Clerk w. H. Paxton. Of
Washington, and Soliciting Agent George
E. Thompson, Jr., of Lynchburg, were
two Southern Railway representatives,
who were Richmond visitors yesterday.
NEW RAILROAD PROJECTED.
"A new road is to traverse the coal and
iron lands Of West Virginia and Greene,
Madison and Rappahannock counties.
and to Gloucester Point on the Chesa-
peake The road was chartered recently,
and will be known as the Tidewater and
West Virginia Railroad. It is said to be
controlled by the Standard Oil Company.
Work is expected to begin within a few
months.
RAILROAD EARNINGS.
Chesapeake and Ohio:
1900 Increase.
Fourt tn week February, $500, s51 % SEC, $50 ~
Month of February. s15.12o.55 99,121.24
Alabama Great Southern:
Fourth week February. S43,s9s Ss,T3
Month observation-disclosures. l63.120 S2uS
From July 1................ 1.44S,6sO 23s, 431
Southern Railway:
Fourth week February S67S. 0S4 se7.4 4o
n1onth .......... 2,5io,47o 4s1 ,05s
From July u............ q, OF, CIT g. 4,192
~ .