New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-20
Ask Stockholders Sanction.

.,ocH n1IrECl. Every ANliO HSif''
Ask Stockholders Sanction.
THE annual meeting Of the Chicago &
northwestern Railway is scheduled to be
20 ., october II. This meeting Is said
=. no an important one. as the stock
.,,s.rs NJ that road will be called upon
- authorize the absorption Of the st.
ii eastern Grand Trunk Railway.
rh,s road is ffty-six miles long, oper-
I.,rc between Oconto and Clintonville,
ri, and is controlled by the Chicago
Northwestern. There are sl.12o,O0o first
~.or,cacc & per cent bonds on the road
nth interest. all Of which are guaran-
,aed by the Northwestern.
New Terminal for Pennsylvania.
The new terminal at Chicago of the
p.r,sy,vania Railroad Company will
.ocrnv the block bounded by Canal,
CLINTON. Adams and Jackson streets, ac-
so,dinc to official information. The ter
lima, Will take the place Of the old
I-rion station and will cost s35oOO,o0o.
Tho new structure will not he used solely
Gov the Pennsylvania lines, but tho Chi
csgo burlington & Quincy. the Chicago.
milwaukee. & 81. Paul and the Chicago
& Alton will also terminate there
Pennsylvania Coal Production.
The PRODUCTION Of bituminous coal Of
Pennsylvania in 1911, it is said. was the
,bird highest Of any previous year I'm
that industry. according TO the annual
,o,or, issued by James e. Roderick. chief
- -,,res There were 149.1s9329 net tons
r-odrcea IN 1911. against ~ 30. sSs In 1910,
"a the number Of miners reported
en,n,oved in 1911 reached 1883. Fayette
County. II Is said. produced the largest
,or,oee West,nore County came second.
while Allegheny County was third
Bio Western Fruit Crop.
The fruit crop in Western Colorado. the
Gan Juan Basin in Northern New
Mexico and in the State Of Utah VII
he a record breaker this year, according
10 reports from those districts. The sit
nation is considered serious from the
viewpoint Of obtaining help for picking
and packing the fruit. The fruit growers
associations have made special efforts TO
secure outside assistance.
Scotch Galleries Combine.
According to reports from abroad the
Jobn Watson, Ltd capital s2,50o0co, and
Archibald Russell & Co. capital A,5coop.
TWO Of the largest Scotch colliery COM
ranies, have agreed 10 amalgamate. This
combination, It is said, will have an out
nut Of 100000 tons annually and Will
emrloy 1900 miners. 1t will be the sec
ord largest colliery concern IN Scotland.
The purpose Of the combine is TO reduce
expenses in order 10 offset the burdens
Of increased taxation.
Hole in Net Earnings.
In their news bulletin. Thompson Towle
have the following: while the st. Louis
4 San Francisco faces a good traffic
seriod. with every likelihood Of showing
.a-nincs for the current year much better
thar those Of 1912 or 1911, the weakness OF
Its financial position has hurt both It's
stock and bonds The company's issue
Of S.25O.coo Of equipment notes is secured
partly bv cars and locomotives, which
have been in use for year and a half.
PAYMENTS on these certificates and other
equipment obligations make consider
able hole I'm net earnings
Canadian Manufacturing.
The Canadian census Of manufactures
now compiled and furnished by the gov
eminent. for the year 1910 gives the foi-
lowing comparative statistics, compared
with those Of the census Of 1901 for the
calendar year 1900. viz: