The times., 1901-05-20
Following are interesting earnings
statements:

Chesapeake and Ohio
Second week May. S3034s5 Inc. S53 959
From July l........... IS,279269 Inc, liza 903
Canadian Pacific
Second week May. $4,000 Dec. 1900
From January L.. X, ,2sS s2i Inc. 2S7 SIS
Chicago and Eastern Illinois
Second week May....... 942O0 Inc. 12.s00
From july l........... 4,924, $50 Inc. 1863, ,199
Chicago Great Western
Second week May. 1882 Inc. 1906
From July 1........... 5,965,5s5 Inc. 1886
Mexican Central
Second week May. 3G0129 Inc. 0732
From January 1-...... 6,4S3054 Dec. q S56
Missouri, Kansas and Texas
Second week May. 261,l54 Inc. 1204l
From July I......... 13,476, 299 Inc. 2,2ll, ,519
Second week May. 155I4O Dec. s,64s
From January 1t. 2.1l3,S43 Dec. 1887
Missouri Pacific system
Second week May. $4,000 Inc. 5000
From January L.. 1l,756,95s Inc. l,624 1862
Central branch
Second week May. 1900 Dec. 6.ooo
From January 1....... 1882 Dec. l,6s9
Norfolk and Western
Second week May. 328,575 Inc. 1852
From July 1.,......... l5,7sl,1l0 Inc. 1,777 ,629
St. Louis southwestern
Second week May. 122,754 Inc. 29,j26
From July I........... 6,2se,e22 Ire. 1,2s2,0ly
Texas and Pacific
Second week Nay. 1916 Inc. 57.124
From January l....-... T. .293 400 Inc. 2i3,3oZ
Wheeling and Lake Erie
Second week May. 1921 Inc. 5oOe
From July l.......... 2,54s,s5 Inc. 1S064
Very little information is obtainable
concerning the Universal Tobacco Conn
pany, which was recently Incorporated
under the laws Of New Jersey, increas-
ing its capital on Thursday from S10o 600
to S10 600 900. Harmon & Matthewson, the
attorneys for the concern, declined Sat
urday to make any statement concern
ing the plans of the company and the
principal interests represented in It. 1t is
rumOred that the company will take over
the Turko- Egyptian Cigarette Company
and other concerns engaged in the manu-
facture of Turkish and Egyptian cigar
cites. Officials of the American and the
Continental Tobacco Companies are not
at all alarmed over the new incorpora-
ton. and do not stand in fear of any COM
petition from this quarter. 1t was ru-
mored that the new concern would en-
gage in the manufacture of plug-cut and
other forms of smoking and chewing to-
bacco now made by the Continental To-
bacco Company; but. apparently, there
was no basis for this report.
1t was officially stated Saturday by a
member of the firm of J. =. Morgan q Co
that the Leyland Steamship Company,
which Mr.. Morgan recently purchased the
control of in London, viii not be turned
over TO the Erie Railroad. There are
many conjectures as to what interest viii
dominate the concern under its new own
eTship. and according to one authority the
steamship line viii be operated in con-
junction with Llt southern railway ana
the Chesapeake and Ohio, Norfolk and
W estern, and Baltimore and Ohio, all Of
which are now controlled by the Penn
sylvania Railroad. Mr.. Morgan is known
TO be interested in bituminous as well as
anthracite coal. The export demand of
the former is increasing AT very rapid
rate, the shipments at one time being cur
tailed by lack of vessel room. The Penp7
syIvania Railroad already controls the
American and Red Star Lines. and the
investment has been so profitable that it
would willingly combine with Mr.. Morgan
and the Southern Railway in the pur-
chase of the Leyland Line.
The American Locomotive Company will
be Incorporated within a few days, ana
viii be capitalized. according to present
expectation, at not more than $780, 900.
one-half Of the stock to be common and
one-half preferred. The new corporation
will require at least s6.G00,O0 in cash for
working capital and other corporate pur-
poses, and the lands, plants, buildings,
fixtures, machinery, tools, patents, trade
marks and good will Of the Brooks Loco
motive Works, Dunkirk, n. Y; the Cooke
Locomotive Works, Paterson. n. j.; the
Manchester Locomotive Works, Manches-
ter, n. H; the Pittsburg Locomotive and
Car Works, Pittsburg; the Rhode Island
Locomotive Works, Providence, r. l.; the
Richmond Locomotive Works Richmond
Va, and the Schnectady Locomotive
Works, Schenectady, n. Y. The Cooke and
the Rhode Island Locomotive Works have
been purchased from the International
Power COmUany. 1t is understood also
pany has been placed, and that for the
present none will be offered to the public.
Harvey Fisk & Sons are in charge Of the
financing of the new COMPANY 1t is
learned on the best authority that the
Baldwin Locomotive Works, in which the
New York Central Railroad is largely in
terested, and the Dickson Locomotive
Works, Of Scranton, Will eventually be in
cIryded