The sun., 1916-11-30
PR. R. MAY ACQUIRE
NEW ENGLAND ROUTE
Direct Rail Connection Via
Poughkeepsie Bridge Is
Among the Plans.
MUST BUILD FORTY NILES
Purchase Of Control Of Lehigh
and New England Railroad
Is Probable.
MUST BUILD FORTY NILES


road will acquire a direct rail route into
New England over the Poughkeepeie
Bridge are expected to be announced
The move involves q connection
between the Pennsylvania and the L.
high and New England Railroad.
To put the idea through will require
the construction OF a line Of about forty
miles to connect the western end VI the
Lehieh and New England with the Penn
sylvaria In the ~neighborhood OF H,zl'-
ton. y a According to information III
local railroad cscles the Pennsylvania
will acquire by purchase n little over 30
per cent. Of the capital stock Of the I.e-
high and New England from the l.ohi2l
Coal and Navigation Company at n price
between $1,000. 900 and $4,000. 600.
LchiRh and New England Rail.
road has outstanding capital stock of
5000 600 OF IN authorized issue OF 81
IO0. 600, all of which excepting forty-hvc
shares is owned ny the I.ehigh Coal and
Navigation Company. The funded deb.
of the company as Of Junc 30, 1915, was
si.507.0o0. The main line Of the Lchigh
n New England runs from Hauto
Carbon county. Pa. to Haincsbrg juno
ton. n. j.. a distance OF sixty-six miles.
and from Swartswood Junction. y. j., to
Liberty Corners, y. Y, a distance OF
nearly twenty-one miles. making u total
OF about eighty-seven miles. Branch
mileage operated by the railroad
amounts to a little over 104, making =
total operated mileage Of owned line OF
1911. This. together with mileage oper-
atcd under lease and trackage rights.
makes a total length OF lines operated Of
approximately :9s mile,
Control Of the I.ehigh and New Eng.
land was obtained by the Lehigh Coal
and Navigation Company in 1904. The
former offers the shortest line between
central Pennsylvania and New England
territory.
BALTIMORE 4 oHIo-Dircctors reelected
Daniel willard president for his sixth con-
r resT', !; he term and 0ses ;r- 9, MS S char
S S,sss si'T sSriyer. '. 4. ". T n s1s:sa ) r'I n:
BsS,mor.: s r q ss,cS SiI" "' s;Ss. pIe.'d.n H.
With headquarters IN Chicago; e.. ". Wool.
ford. secretary, and Hugh L. Bond. Jr.. gen.
sros. Sio.ss.ss., inc. is; ne, sss,oes's.ss.
dee. tss SO Four months gross ~, s7'. SCI.
inc. H,:S5 ssi: net si2':s.s9, dec, ss,7l6.
nc, c.T "a q; .,, r%Ac q; i o.s %s s.s'; earn m,
G.l1t15s. dee. 9S0t.i st. Gross earnings from
July 90 ssiS +. inc. 'ct75.'7; ne. 'S,ss'.a7.
INC. t-.i-l.s-t.
CHICAGO GREAT wEsTERN.R.por earn
Month to Nov. %, N.os,so. inc. Sss.Ti.
From July l 70 Nov. . ts,0:.r:, inc. $685..
CHICAGO 4 NORTHWESTERN ia. rur-
for delivery In 1915.
DEL, LACK. Z wEsTERN-Has declared
usual 10 yer cent extra dividend Lseks-
cent. and in November each year declares
an extra of y, per cent, making total Of %
payable Dec. - to stock of record Dec. :.
DETROIT & MACKINAc-Rcport sross earn
S:s,iss. dec. $3.50.
ERIE-Report earnings for Oct eros. ST..
Eti:3'ao: ne, iiS,sSs,sS. inc s,'asi' INV
ILLINOIS CENTRAL-R.por, sro.. earn
,nss FOR October E,sisis; inc ,,s.l7': net
- SO Iss. inc. S.S;s.b:s; net $50 ,:3s, Inc
INTERSTATE COMMERCE COMMISSION
Ordered a s: REDUCTION In freight rates on
delphia and baltimore.
NEW YORK, ONTARIO 4 wEsrERN-R.
rort sro.. .arnInrs for OCT lsS.?e, dec
s ss':;.. "''''''''' dec 1885, net ''%''''S' dec
N. v. sus 4 Report. rro..
earnings for Oct 'ES.:3i. dec. 3a,a;s; net
s.7i'sr' '''''''''' ''F WV II" "'''''0' zee
NORFOLK SOUTHERN Msr.d.n J. Perry.
chairman OF the board. has announced that
to MAX " Potter Of Ne. York. . mo hi.
Il, 1s'1 snssern S SoTf'' ca %, @"" to acres be ds o. laed
for farming and stock raising.
PHILADELPHIA q READING-Gross earn.