The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1909-05-20
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The directors of the Chicago, Burlins-
ton and Quincy Railroad have decided
to refund all its underlying bonds. except
those of the Illinois division or total
near to $65,OOO,OOO at per cent. Hold
ers of the old bonds will have the option
of an exchange for the new.
During the last season the Pennsylva-
mia Railroad Company set out 100000
trees. including pines, larches, spruce and
hardwoods. In its nursery it set out
$4,000 forest seedlings for future trans
planting. and planted ODD bushels of red
oak acorns, from which 100000 seed
lings are now growing 1t also planted
a large quantity of black walnut, chestnut
and hickory, practically all of which have
given complete termination.
Slason Thomson, manager of the Blu
reau of Railway News and Statistics at
Chicago has issued the fourth annual re-
port of that bureau covering the busi-
ness year ending November 30, 1908. 1t
shows that the loss of the railroads of
the country on account of the panic and
ensuing depression fas far greater than
estimated by the Interstate Commerce
Il
that the commission experts made the
mistake of basing their estimates on a
period which included some of the pros
porous months of 1907. Thomson finds
the total loss in gross earnings amounted
to S330,OO0,OOO as compared with the
commissions estimate of Si64,000, 600
and that the loss in net earnings was
S129. 340, AGO as compared with the COM
missions estimate OF Sill .O51 ,OO6. The
bureau also finds that the effect Oh the
2-cent passenger laws was a loss of $25,-
100000 in gross earnings. The heavy
loss in net earnings is accounted for part
ly by the expenditure of So 100000 in
meeting the new requirements as TO meth
DDS of accounting and as to the hours
and conditions of labor. The net capt.
talization of the railroads has increased
16.5 per cent, but this is only 8 per cent
a mile more. The railroads carried 1898
more passengers d mile and 260- per cent
more tons of freight mile than in 1883.
Work on the two extensions of the
Northern Pacific road, one going
eighty miles northwest of Mandan, N.
d.. and the other eighty miles south of
the same city, will begin at once.
At Little Rock, Ark, 5000 bales of
cotton, estimated to have been worth
| $3.50, 900, were burned in fire which
| for several hours threatened to de-
stroy the plant of the st. Louis Com
press Company, valued, with it's con-
| tents, at $1,000,000.
Satisfied with the foot and mouth
disease in cattle, sheep, other rumin-
ants and swine has been completely
| era Heated in the United States, Sec.
| rotary Wilson has issued an order re
| leasing the entire country from the
| federal quarantine on account of that
| disease.
The Pasteur Institute at Ann Arbor
| is treating a mother and ten children
| from Ludington, Mich. who are af-
| ficted with a peculiar ailment sup
posed to be rabies, and believed to
| have been contracted by drinking milk
| from an infected COW.
Dean J. W. Olsen of the Minnesota
| State Agricultural college and his STAFF
aye already formulating plans 10 get
| into touch with the farmers so as to
achieve the best results from the
courses in agriculture throueh the
mail, authorized by the recens Legis-
| lature.