The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-07-10

.soUTHERN's NEW 58TRACKAGE:ss
What President Cassatt Has.
.ss,tS Done for the 2 Pennsylvania
.;s.l,5 Railroad

Presid ent George W. Stevens, of the
\ Che sapeake and Ohio, is out OF the city
SatShis country place, Greenlee near Nat
.ural Bridge. 81
The double tracking Of the Chesapeake . p'tf 4
and Ohio, on the Peninsula Division, IS q
being pushed rapidly, SO that 1t VII l p M
completed for tie Jamestown EXPOS on
Il ext spring. Mr.. Lane, member OF the lt'
q Arm Of Lane Brothers, the contractors
for the work, said yesterday that mere rs
had been some delay on account OF 3. :.
inability to secure rails, but that trouble 'e
Il had now passed. ID u. ss HI
Ma Tor 3. D. IIotchkiss, General Traffic
" who has been out OF the city tfor some y
II days returned yester dny morning.
The seabonrd Afr Line Ra lroad has
\ c5o,mpleted n e,r1nngem II to u enter 81 the !
Il tityl Of Admission and the Admission. niileral
= district 1t viii build d branch from It's
min line at Jacksonville, Ala, about u
4 half way between Birmingham and At
sElnnta. southwark to nntston. sdlsta tE9
4 81 about thirty FIVE miles. me surveys
have been completed, and the company
& tain franchises and rights from the An N
niston City Council last week IT IS sa ll
81, be the plan for the Seaboard mana e-
Inent tos build on southwark from Annis-B
Vi al to Talla egu, and slft erwnrd to Mont
gomery which ii the western & y, terminus n
81 Its limo from Savannah. II aaso con COT
TEMPLATES tho construction Of branch
4 line northward from Its main 4 Inc Inc - %
the Gadsden mineral district. 81.
8y5E The Atlanta Birmingham and Atlantic
Ma 4 S5i increa sed N its capital stock Ss from
sl4 sos 800 to $24 s51 1900, OF which $S,l So M
700 is preferred and $le.17o 700 common.
THE increase Is made to meet the cost
81 construction and equipment over the
various lines OF the system. ! ne road -
4 III operation between Tnlbotton and Mon
IL tczuma and the Atlantic and Birmingham
W from Brunswick to Montezuma, rom
$SyYaycross to Sessona, and from = hoinas;-
VILE to Fitzgerald Is being rebuilt.
Nh is proposed to complete the entire
system, s29 miles, by July l, 1907. ~; At
that time the coal and iron fields OF Aih-.
sbama will have been &connecte d Win at1'o'
y coast and Allan "a. 4, + L III Il. ~
part OF the Improvement OF the South
& ern Railway Is In the direct Ion OF laying
new track and pushing into new territory.
In the past year the addition TO the miie,
Sage operated. has been sO3 niles the total
mileage noWs standing at z ,5O4. ns against
%7.20l miles atlthis time last year. me
5rercent age Increase is AZ per cent.
II, Time has demonstrated that among tn
few OF the more important UNDERTAKINGS
which Mr.. Cassatt Imposed upon himself
y as the responsible head of tho PennsSi-
\ yania system in five or six years 3Werc
3 The raising OF s3o0,0oo.oOO capital.
~. at,.n n .1flI L.
4 'Yhnia shares .si
H The provision OF equipment capable OF
moving an Increase OF 13,l74,0oO.o 90 tons
Fof f,xsi ght one mile and nearly 1,bOO, OOO, 0Oo
passengers one mile. 5 ,$55 iS !s53
i ITO increase the earnings OF thu Penn
sylvanin system SO as to be able 70 ap-
4 prupriate nearly $1,000 900 Per month. Tor
Il six conse cptive years 20 Improvement and
n betterment ~ I'll s,5
III The retirement OF q large amount or
4shIsh-ratc, Interest bearing obligations.
X Ks All this and very much more Were BUS
a part OF what has proved Mr. Cassatt's
e task as tho head Of Pennsylvania, and
he is not yet through with his great un-
lertaking. S IA Il
The Louisville and Nashville will COM
I ,ncnce running Its own trains Into At
lantn about September I. This means that
the Atlanta, Knoxville and Cincinnati
i Division OF the road Will be ready for
use by that time In larger measure than
In the recent past This division will be
IN important part OF tho 10 'svlle and
Nashville system when completed and
ready for traffic all tho way through,
The new line VIII give the company when
Z the reduction OF grades Is finished. =
through line from Cincinnati 10 Atlanta
with fairly moderate grades, The division
u IS ass miles long,