The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-07-16

the agreement in good faith some other
lines have violated some OF its provisions,
and thereby secured business which other
wise would have gone TO the Pennsylvania.
The general auditor of the Baltimore &
Ohio railroad issued yesterday a statement
OF the earnings, expenses and net earnings
& o. 5. w. for the twelve months ending
June 80. as follows: Gross earnings. SOL,
125.7s7; expenses, $32,SSS. 762; net earnings,
SlS.2S7. 025. The auditors figures for the
preceding year were: Gross earnings, $47,-
114.43O; expenses. $31.O46. 81; net earnings,
$16,O6S 199.
The gross receipts OF the New York, New
Haven * Hartford road for 1901 were $l9, IS6
per mile. Those Of the Boston & Maine
were $7,S26, OF the Chicago * Northwestern
S.s26 and the Chicago. Burlington & Quincy
$3.50. The large earnings per mile or the
New Haven road were due 10 both passen-
ger and freight and the high standard OF
ia ties the company has been able to main
tain. The annual report shows that pas
senger earnings for 1901 were Sl9e5S,O95,
freight earnings l9,S64,701.
Should the United States purchase the
Panama road an adjunct TO the con-
structiOn of the isthmian canal, which Is
assured unless insurmountable legal OBJ
stacles arise, ii will be the first venture
in government ownership. The railroad
was begun in 1850 for the purpose of short
enlng the route to the Pacific coast The
road is fOrty-seven and one-half miles in
length: The original cost was 81 10000 put
with the completion of tho canal il will be
condemned to a state of desuetude.
An order recently issued by the Jersey
Central road compels all engineers, conduc-
tors, nrcmen, brakemen, tower men, train
dispatchers, station masters, yardmasters,
telegraph operators, train baggagemen
and hagmen TO get new watches for the
purpose of securing uniform time. The or
der specifies that the watches shall be one
of five of the best makes of American
manufacturers. The inspectors are al
ready at work and have condemned many
9 nfFDNff tod
Where men are unable TO pay for the
watches the officers furnish them on the
installment plan of payment.
The directors of the Philadelphia, Will
mington & Baltimore Railroad met in Phil
adelphia yesterday and those of the Balti-
more & Potomac Railroad met at Baltimore
and approved the proposed merger and con-
SolidatiOn of the two corporations into a
phia. Baltimore & Washington Railroad
Company. The matter will be referred TO
the stockholders of both companies for
their approval at meetings to be held some
time i'm August. As the stock of both COM
Panies is nearly all held by the Pennsyl-
vania Railroad the approval of the merger
is foregone conclusion.
Drastic measures will be taken by the
Pennsylvania TO curtail the issuance of
free transportation. An official of the road
says II has so increased that restrictions
have become an absolute necessity, and the
willy politician who has been able to enjoy
privileges for himself and his friends will
be deprived of il. II is stated that for
some time, owing to the great volume of
travel 10 the seashore, employees have been
limited to a certain number a year 1t is
stated that since July 1 the applications
for passes have exceeded anything in the
history of the company, in some instances
the requests being for several at a time,
and 1t was this that caused the officers or
the company to give the subject special at
tention. and In future many applications
will be refused.