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would yield but little over 4 per cent. of its present value, whereas the legal rate of interest in Florida is 8 per cent.

This claim is based on two assumptions: (a) that the main line ends at Miami and not at Homestead; (b) that the value of the company's entire property, including the so-called oversea extension, and not merely of the main line itself, must be considered in determining whether rates from points on the main line are confiscatory.

Without at this time considering under what circumstances, if any, the reduction of particular rates can be held to violate the constitutional rights of a carrier, because thereby the total revenues become inadequate, even though the particular reduced rates yield some contribution to the general net revenues over and above the pro rata cost of service, we are of the opinion that in the present case there can be no basis for a charge of 'confiscation, because neither of the assumptions above stated and upon which it is based is sound.

(a) Originally the road ended at Miami; later on, however, and before the act of 1905 in reference to the over-sea extension hereinafter referred to was adopted, it was extended to Homestead.

In its plant or construction account, the company itself, in its own bookkeeping, deals with the line from Miami to Homestead as part of the main line and not of the over-sea extension. The increased production in the territory between Miami and Homestead since 1908 demonstrates the wisdom of the construction of this piece of road as part of the main line, independently of the over-sea extension. We are clearly of the opinion that the main line must be considered as ending at Homestead. Without discussing the evidence in detail, we are further of the opinion that the net revenues on this main line are in excess of 8 per cent. on the present fair value of the property, and not merely something over 6 per cent., as conceded by the petitioner.

No possible question of confiscation can arise under these circumstances, even if the effect of the order will be to reduce the gross, or even the net revenues, of the company for the next two years by the full amount of the difference in rates, amounting, as applied to the tonnage for the year ending June 30, 1911, to $131,000, and being about 3 per cent. of the gross, and 10 per cent. of the net operating revenue of the main line.

(b) Whatever the powers of the company may be under its amended charter, it was not until after the legislature of Florida passed an act in May, 1905, to encourage and secure the construction of the railway from the mainland to Key West. that the company, at a stockholders' meeting, decided to construct the over-sea extension.

The tremendous cost of the line from Homestead to Key West, over $175,000 a mile, the scarcity of population along the route, the natural impossibility of ever making much of the territory productive, either agriculturally or industrially, confirm the recital in the act of 1905 that the purpose of the extension was to share in the traffic expected to pass through the Panama Canal, unless, indeed, this marvel of engineering skill was constructed as a monument to the man, who from the early days to the present was and is the sole owner of the petitioner's stock and to whose indomitable energy and supreme confidence in the future prospects of this section of the country the road primarily owes its construction. At the present time the operating expenses of this extension are naturally in excess of its revenues. Its entire gross revenues-freight and passenger-for the year ending June 30, 1911, were less than $100,000. The contention that the earnings of the main line on passengers who traveled over the extension is to be attributed to the extension cannot be sustained. There is no evidence that would justify this court in holding that the extension produced any considerable increase of travel on the main line or that most of the passengers to Cuba via Key West would not have gone to or via Miami or Homestead if the extension had not been built.

each case.

To what extent shippers on an original or main line should bear increased burdens due to the construction of additional or branch lines must depend upon the particular circumstances of No general rule can be formulated. In our opinion, the commission was fully justified in disregarding the value of this extension, and this court, in determining whether or not the order of the commission operates to confiscate petitioner's property, must likewise at this time and at this stage in the development of the business on the extension and on the main line, reach its conclusions irrespective of the value of the oversea extension.

Railway Officers.

Executive, Financial and Legal Officers.

F. W. Sargent has been appointed attorney for Iowa, of the Rock Island Lines, succeeding J. L. Parrish, resigned. The authority of W. L. Stanley, general claim agent of the Seaboard Air Line at Portsmouth, Va., has been extended over the Tampa Northern.

W. E. Stavert, of Montreal, Quebec, has been elected president and general manager of the Alaska Northern, to succeed O. G. Laberee, resigned.

F. J. Eaton has been appointed acting auditor of the Rutland Railroad, the Rutland Transit Company and the Ogdensburg Terminal Company, with headquarters at Rutland, Vt., succeeding M. H. Chamberlin, deceased.

Richard Kirkwood has been appointed auditor of the Minneapolis, St. Paul & Sault Ste. Marie, with headquarters at Minneapolis, Minn. A. R. Marshall has been appointed assistant auditor, with office at Minneapolis, Minn.

W. S. McChesney, Jr., president and general manager of the Terminal Railroad Association of St. Louis, has been elected president also of the Wiggins Ferry Company, with headquar ters at St. Louis, Mo., succeeding W. K. Kavanaugh, president and general manager, resigned.

Operating Officers.

J. B. Heafer has been appointed assistant general manager of the International & Great Northern, with office at Houston, Tex. Wm. Hall has been appointed assistant trainmaster of the Grand Trunk with office at Hamilton, Ont., succeeding L. Harold, assigned to other duties.

George B. Harrison, superintendent of the Texas & Pacific at Westwego, La., also has been appointed superintendent of the Transmississippi Terminal Company.

Richard Doyle, assistant superintendent of the Chicago & Alton, has been appointed trainmaster of the Mississippi River & Bonne Terre, with office at Bonne Terre, Mo.

The authority of H. W. Stanley, assistant general manager, and J. M. Shea, general superintendent of the Seaboard Air Line, with offices at Portsmouth, Va., has been extended over the Tampa Northern.

E. S. Heyser has been appointed trainmaster of the St. Louis, Brownsville & Mexico, with office at Kingsville, Tex. He will continue to perform the duties of roadmaster, with jurisdiction between Kingsville and Brownsville.

E. H. De Groot, superintendent of the St. Louis division of the Chicago & Eastern Illinois, has been appointed superintendent of transportation, with headquarters at Chicago, succeeding J. M. O'Day, resigned. P. S. Sampson, division superintendent at Salem, Ill., succeeds Mr. De Groot at St. Louis, Mo.

F. M. Barker, inspector of transportation of the Lehigh Valley, at South Bethlehem, Pa., has been appointed assistant superintendent with office at Wilkesbarre. P. T. Reilly, trainmaster at Wilkesbarre, succeeds Mr. Barker. Frank S. Mitten, chief train despatcher at Wilkesbarre, succeeds Mr. Reilly, and P. F. Carroll, succeeds Mr. Mitten.

J. H. Curtis has been appointed superintendent of car service of the Bangor & Aroostook, with office at Bangor, Maine. The office of general superintendent having been abolished, the division superintendents and such other officials as heretofore have reported to the general superintendent, will until further advised report to Percy R. Todd, vice-president, at Bangor.

The jurisdiction of Thomas J. Foley, general manager of the Illinois Central, J. M. O'Day, superintendent of transportation, George W. Berry, general superintendent at Memphis, Tenn., and Sullivan S. Morris, chairman of the General Safety Committee, extends also over the Yazoo & Mississippi Valley. The appointments on the Illinois Central were noted in our issue of November 15.

L. B. McDonald has been appointed superintendent of the Houston terminals of the Sunset-Central Lines, with office at

Houston, Tex., to succeed H. J. Micksch, who has been appointed assistant superintendent of the Houston East & West Texas and the Houston & Shreveport, with headquarters at Houston. J. F. Hough has been appointed assistant superintendent of the Victoria division of the Galveston, Harrisburg & San Antonio, with office at Victoria, Tex., in place of L. B. McDonald. W. Bretschneider has been appointed an assistant superintendent of the Texas & New Orleans and the Galveston division of the Galveston, Harrisburg & San Antonio, with headquarters at Houston, succeeding C. A. Thanheiser, resigned.

F. L. Campbell, whose appointment as superintendent of the Michigan division of the Vandalia, with office at Logansport, Ind., has been announced in these columns, was born October 9, 1858, at Evansville, Ind. He began railway work as yard clerk for the Vandalia at Terre Haute, Ind., in April, 1879, and held various positions in the yard and train service until March, 1894, when he was made trainmaster of the Peoria division. In March, 1896, he assumed the duties of road foreman of engines in addition to those of trainmaster, and from December, 1901, to November 1, 1906, was trainmaster of the St. Louis division. On the latter date Mr. Campbell became superintendent of the Peoria division, which position he held until his recent appointment as superintendent of the Michigan division. His entire railway service has been with the Vandalia.

William D. Wiggins, whose appointment as superintendent of the Peoria division of the Vandalia, with headquarters at Decatur, Ill., has been announced in these columns, was born April 28, 1873, at Richmond, Ind., and was graduated from the Rose Polytechnic Institute at Terre Haute, Ind., in 1895. He began railway work in 1895 as assistant on engineer corps on the Logansport division of the Pittsburgh, Cincinnati, Chicago & St. Louis. Mr. Wiggins held various positions in the engineering department of the Pennsylvania Lines west of Pittsburgh until June 16, 1901, when he was appointed engineer maintenance of way of the Cincinnati & Muskingum Valley, a subsidiary line of the Pennsylvania Lines. Shortly afterwards he was made engineer maintenance of way of the Marietta division of the Pennsylvania Lines, and in May, 1902, he was transferred to the Toledo division as engineer maintenance of way. Mr. Wiggins became division engineer of the Pittsburgh division on January 25, 1904, from which position he was promoted to superintendent of the Peoria division of the Vandalia on November 1.

Traffic Officers.

J. M. Norton has been appointed general agent of the Missouri Pacific-Iron Mountain system, with office at Seattle, Wash. Howard Bruner, chief clerk in the traffic department of the Union Pacific has been appointed assistant general freight agent, with headquarters at Omaha, Neb.

J. E. Wilson, traveling passenger and advertising agent of the Pacific Coast Steamship Company at San Francisco, Cal., has been appointed assistant to passenger traffic manager.

H. G. McCausland has been appointed general agent of the Cheseapeake & Ohio, and J. G. Morgan has been appointed soliciting freight agent, both with offices at Lynchburg, Va.

C. P. Dowlin, chief clerk in the office of general freight agent of the Ft. Worth & Denver City, has been appointed assistant general freight agent, with headquarters at Ft. Worth, Tex.

Charles T. Mandel has been appointed assistant general passenger agent of the Carolina, Clinchfield & Ohio, with headquarters at Johnson City, Tenn., effective November 15. F. A. Hills, Northern passenger agent of the Great Northern at Duluth, Minn., has been appointed general baggage agent, with headquarters at St. Paul, Minn., in place of C. H. Rupert, resigned.

John T. Smith has been appointed traveling freight agent of the Toledo, St. Louis & Western, with office at St. Louis, Mo., and George L. Bodie has been appointed contracting freight agent, with office at Toledo, Ohio.

C. W. Meldrum, city passenger agent of the Great Northern at Seattle, Wash., has been appointed assistant general passenger agent of that road and the Great Northern Steamship Company, with office at Seattle, in place of W. A. Ross, resigned.

The authority of L. E. Chalenor, freight traffic manager; G. S. Rains, general freight agent, and H. G. Waring, assistant general freight agent of the Seaboard Air Line, all with offices at Norfolk, Va., has been extended over the Raleigh & Charleston and the Marion & Southern.

F. C. Regan has been appointed general agent of the traffic department of the Chicago & Alton, with office at Los Angeles, Cal., succeeding J. A. Fitzpatrick, resigned. J. H. Walkmeyer has been appointed commercial agent, with office at Buffalo, N. Y., in place of C. F. Vigor, resigned.

S. E. Burgess, district passenger agent of the Southern Railway at Richmond, Va., has been promoted to division passenger agent, with office at Richmond, and G. R. Pettit, district passenger agent at Jacksonville, Fla., has been promoted to division passenger agent, with office at Jacksonville. G. A. Cartwright, division freight agent of the Atlanta, Birmingham & Atlantic, with office at Fitzgerald, Ga., has been appointed general agent, with office at Atlanta. R. H. McKay, commercial agent at Moultrie, succeeds Mr. Cartwright, and George Land, Jr., division freight agent at Atlanta, having resigned to accept service elsewhere, that office has been abolished.

L. E. Chalenor, whose appointment as freight traffic manager of the Seaboard Air Line, with headquarters at Norfolk, Va., has been announced in these columns, began railway work in 1882 at Boston, Mass., as a clerk in the New England office of the Missouri Pacific, and was subsequently contracting freight agent and then New England traveling agent of the same road at Boston. He was then appointed traveling freight agent of the Rome, Watertown & Ogdensburg, now a part of the New York Central Lines, and about a year later became chief clerk to the general freight agent of the Norfolk & Western at Roanoke, Va. He was then commercial agent of the same road at Pittsburgh, Pa., until June, 1899, and then for two years was general freight and passenger agent of the Ohio River Railroad at Parkersburg, W. Va. From August 1, 1901, to January of the following year he was division freight agent of its successor, the Baltimore & Ohio at Parkersburg. On January 1, 1902, he was appointed assistant general freight agent of the Seaboard Air Line at Savannah, Ga., and was later transferred in the same capacity to Norfolk, Va. He was promoted to general freight agent on July 1, 1909, which position he held at the time of his recent appointment as freight traffic manager of the same road, as above noted.

Engineering and Rolling Stock Officers.

The authority of W. L. Seddon, chief engineer, and A. J. Poole, superintendent of motive power, of the Seaboard Air Line with offices at Portsmouth, Va., has been extended over the Tampa Northern.

E. C. Hanse, general foreman of the Georgia & Florida at Douglas, Ga., has been appointed acting master mechanic, with headquarters at Douglas, succeeding J. F. Sheahan, master mechanic, resigned to accept service with another company.

C. P. Murdock has been appointed roadmaster of the First division of the Georgia & Florida, with headquarters at Nashville, Ga., and J. W. Buchanan, roadmaster, at Douglas, now has charge of the Second division, with headquarters at Vidalia.

A. L. Fillmore has been appointed master mechanic of the Northern district of the Minneapolis, St. Paul & Sault Ste. Marie, with office at Stevens Point, Wis.; A. V. Birch has been appointed master mechanic of the Southern district, and C. F. Gillaspy has been appointed traveling engineer of the Northern

district.

J. M. Kinkead, supervisor of the Northern Central, at Baltimore, Md., has been appointed supervisor of the Pennsylvania Railroad, with office at Huntingdon, Pa., succeeding G. M. Ball, Jr., transferred. C. S. Hager, assistant supervisor at Freeport, has been appointed assistant supervisor with office at Earnest, succeeding H. P. Thomas, promoted. J. B. Baker, Jr., assistant supervisor at Watsontown, has been appointed assistant supervisor, with office at Newport, succeeding R. S. Stewart, transferred. N. A. Camera, assistant supervisor, at Tyrone, has been appointed assistant supervisor at Mifflin, succeeding E. C. Silvius, transferred, and M. J. Jones, assistant supervisor at Trafford, succeeds Mr. Camera.

B. M. Frymire has been

appointed assistant supervisor at Cresson, succeeding E. L. Koch, transferred.

Purchasing Officers.

Clinton D. Baldwin has been appointed purchasing agent of the Bangor & Aroostook, with office at Milo Junction, Maine.

The authority of H. C. Macklin, purchasing agent of the Seaboard Air Line at Portsmouth, Va., has been extended over the Tampa Northern.

A. H. Young, traveling storekeeper of the St. Louis & San Francisco, has been appointed general storekeeper, with headquarters at Springfield, Mo., to succeed J. R. Mulroy, resigned.

OBITUARY.

J. J. White, who built the Liberty-White Railroad, died at McComb City, Miss., November 16, aged 84 years.

L. A. Mettice, lake grain agent of the Delaware, Lackawanna & Western, at Buffalo, N. Y., died on November 18.

W. N. Babcock, general western freight agent of the Delaware, Lackawanna & Western, with office at Chicago, died on November 14, at his home in Glencoe, Ill., at the age of 65.

Phineas P. Wright, who was assistant general manager of the Lake Shore & Michigan Southern, from 1892 until his retirement in 1904, and previous to that date was for over ten years general superintendent of the same road, died on November 14, of pneumonia at his home in Cleveland, Ohio, at the age of 88 years.

John R. Fanshawe, who was secretary of the Lehigh Valley from 1870 to 1903, died on November 19 at Plymouth Meeting, Pa. He was born in 1841 at Philadelphia, and graduated from the high school of his native town. He began railway work with the Beaver Meadow Railroad & Coal Company in 1862, and when that company was absorbed by the Lehigh Valley in 1864 he remained in the service of the latter company, of which he became secretary in 1870. He remained in that position until his retirement in February, 1903. He had also held various positions on subsidiary lines of the Lehigh Valley.

Martin H. Chamberlin, auditor of the Rutland Railroad for 13 years, died, on November 14, at his home in Rutland, Vt., of pneumonia after an illness of two weeks. He was born on July

12, 1861, at Bath, N. H., and was educated in the high school of his native town. At the age of 18 he began railway work with the Passumpsic Railroad, now a part of the Boston & Maine at Wells River, Vt. As telegraph operator he was frequently promoted during the first few years of his career. On November 1, 1885, he I went to Laredo, Texas, to become relieving agent for the Mexican National. From November 1, 1885, to June 1, 1889, he was train despatcher, then until May 1, 1890, was cashier in the freight office at Laredo, of the same road. He next went to the City of Mexico and until February 10, 1893, was traveling auditor of the same road. He returned to Vermont in 1893, and was appointed traveling auditor of the Central Vermont. In January, 1899, he was made auditor of the Rutland Railroad at Rutland, which position he held at the time of his death. In May last, Mr. Chamberlin was appointed commissioner of public safety of the city of Rutland, and had held other offices in the city government, being one of Rutland's most highly respected citizens. He was also a member of the Transportation Club of New York.

M. H. Chamberlin.

Equipment and Supplies.

LOCOMOTIVE BUILDING.

THE BOSTON & MAINE has ordered 50 locomotives from the Baldwin Locomotive Works.

THE MANCHESTER SAW MILLS has ordered 1 mogul locomotive from the Baldwin Locomotive Works.

THE PUGET SOUND & BAKER RIVER has ordered 1 ten-wheel locomotive from the Baldwin Locomotive Works.

THE MARYLAND STEEL COMPANY has ordered 1 six-wheel switching locomotive from the Baldwin Locomotive Works. THE ST. CROIX TIMBER COMPANY has ordered 1 six-coupled double ender locomotive from the Baldwin Locomotive Works. THE ALAN WOOD IRON & STEEL COMPANY has ordered 1 fourwheel switching locomotive from the Baldwin Locomotive Works.

THE WEATHERFORD, MINERAL WELLS & NORTHWESTERN has ordered 1 consolidation locomotive from the Baldwin Locomotive Works.

THE CALIFORNIA STATE BOARD OF HARBOR COMMISSIONERS has ordered 1 consolidation locomotive from the Baldwin Locomotive Works.

THE ELGIN, JOLIET & EASTERN, as mentioned in the Railway Age Gazette of October 18, has ordered 20 mikado locomotives from the American Locomotive Company. The general dimensions of these locomotives will be as follows: GENERAL DIMENSIONS.

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THE MINNEAPOLIS, ST. PAUL & SAULT STE. MARIE has ordered

5 Pacific type locomotives from the American Locomotive Com

pany. These locomotives will be equipped with superheaters,
will have 25 in. x 28 in. cylinders, 75 in. driving wheels, and in
working order will weigh 258,000 lbs.

THE HARBOR COMMISSIONERS OF QUEBEC have ordered 3 sixwheel switching locomotives from the Montreal Locomotive Works. The dimensions of the cylinders will be 19 in. x 26 in.; the diameter of the driving wheels will be 50 in., and the total weight in working order will be 120,000 lbs.

THE CHICAGO & NORTH WESTERN has ordered 11 Pacific passenger locomotives, 15 mikado locomotives and 45 consolidation locomotives from the American Locomotive Company, in addition to the 29 switching locomotives ordered from the Baldwin Locomotive Works, as reported in the Railway Age Gazette of November 8. All of these locomotives will be equipped with superheaters.

THE CHICAGO, ST. PAUL, MINNEAPOLIS & OMAHA has ordered 10 mikado locomotives, 2 consolidation freight locomotives, 8 Pacific type locomotives and 10 ten-wheel freight locomotives from the American Locomotive Company, in addition to the 5 switching locomotives ordered from the Baldwin Locomotive Works, as reported in the Railway Age Gazette of November 8. With the exception of the mikados, all will be equipped with superheaters.

CAR BUILDING.

THE MISSOURI PACIFIC is negotiating for 4,000 box cars.
THE COAL & COKE is closing negotiations for 500 coal cars.
THE INTERNATIONAL & GREAT NORTHERN is in the market for
1,000 box cars.

MINNEAPOLIS, ST. PAUL & SAULT STE. MARIE is in the market for 20 caboose cars.

THE WESTMORELAND COAL COMPANY, Philadelphia, Pa., is in the market for 100 coal cars.

THE ILLINOIS CENTRAL is in the market for 3,000 gondola cars, 1,000 box cars and 500 stock cars.

THE ATLANTIC COAST LINE is now in the market for 300 flat

cars.

THE DULUTH & IRON RANGE AND THE DULUTH MISSABE & NORTHERN are in the market jointly for 1,000 ore cars.

THE HARRIMAN LINES are said to have ordered 2,000 gondola cars from the Bettendorf Axle Company; this has not been confirmed. This company is negotiating for over 8,000 cars in addition to the gondola cars.

THE DELAWARE, LACKAWANNA & WESTERN has ordered 500 box cars, 500 gondola and 250 hopper cars from the American Car & Foundry Company, 250 hopper cars and 200 refrigerator cars from the Standard Steel Car Company, and 500 box cars from the Barney & Smith Car Company.

THE CHICAGO, ST. PAUL, MINNEAPOLIS & OMAHA has ordered 500 steel gondola cars and 500 forty-foot steel underframe box cars from the American Car & Foundry Company, and 2 sixty-foot steel baggage cars, 1 steel dining car and 2 seventyfoot compartment cars from the Pullman Company.

THE CHICAGO & NORTH WESTERN, mentioned in the Railway Age Gazette of October 25, as closing contracts for cars, has ordered 1,000 forty-foot box cars of 80,000 lbs. capacity, 500 flat cars of 100,000 lbs. capacity, and 1,000 steel ore cars from the Pullman Company, and 1,500 forty-foot steel underframe box cars and 2,000 steel gondola cars from the American Car & Foundry Company; also 10 standard steel passenger cars, 23 sixty-foot steel baggage cars, 3 steel dining cars, 4 steel parlor cars and 2 dynamo-buffet cars from the Pullman Company, and 10 steel smoking cars from the American Car & Foundry Company.

IRON AND STEEL.

THE SEABOARD AIR LINE has ordered 5,000 tons of rails from the Pennsylvania Steel Company.

Supply Trade News.

Modjeski & Angier, civil engineers, opened a new office on November 15, at St. Louis, Mo., where the company will be represented by W. F. Randolph.

W. J. Black has been appointed general manager of the Brownell Improvement Co., Chicago, and A. H. Bannister has been appointed general superintendent.

The sales of the Westinghouse Air Brake Company, Pittsburgh, Pa., during August and September, the first two months of the fiscal year, exceeded those in the corresponding period of last year by 75 per cent.

Gove S. Taylor has been made a representative of the Magnolia Metal Company, New York, in the Pittsburgh district and surrounding territory. Mr. Taylor was formerly manager of the Peerless Rubber Manufacturing Company.

The Crane Company, Chicago, has concluded negotiations for the purchase of more than 100 acres of land at South Kedze and Archer avenues to be used for a central plant, to cost about $7,000,000, and employ 6,000 men. It is proposed to bring gether on one side the various separate units of the Crane Com pany which are now located in various parts of the city. Work on the new plant will be started early next year.

J. G. White & Co., Inc., New York, will segregate its engineer ing and managing departments and organize the J. G. White Engineering Corporation and the J. G. White Management Corporation. The J. G. White Engineering Corporation will take over all assets, of the engineering and construction department and will have a capitalization of $1,000,000 common stock and $1,000,000 7 per cent. preferred. All the common stock will be owned by J. G. White & Co., Inc.; $350,000 of the preferred stock will be offered at par to stockholders of the J. G. White & Co., Inc., up to 10 per cent. of their holdings with a 10 per cent. bonus of common stock of the latter company; $150,000 of the preferred stock will be offered to members of the board of directors of the new company. The J. G. White Management Corporation will have a capitalization of $500,000 common stock and $500,000 7 per cent. preferred stock. All the common stock will be issued to J. G. White & Co., Inc. The new company will take over all assets of the managing department. Of the preferred stock $350,000 will be offered to stockholders of J. G. White & Co., Inc., at par, up to 10 per cent. of their holdings with a bonus of 10 per cent. of common stock of J. G. White & Co., Inc. The remaining $150,000 will be offered to members of the board of directors of the new company. Under this plan each stockholder of J. G. White & Co., Inc., will be entitled to subscribe to one share of the preferred stock of each of the new companies for each ten shares of the stock, either common or preferred of J. G. White & Co., Inc. A meeting of the stockholders of J. G. White & Co., Inc., will be held December 10 to approve the plan of segregation and the organization of a new company. That the provision of additional working capital in the segregation plan is secondary is indicated by the showing that the total debts of the company are less than $58,000, while cash in bank, in working capital, and cash at branch offices is more than $276,000, with a surplus of $1,290,000. Payment for the stock of the new company is to be made 50 per cent. January 1, 1913, and 50 per cent. March 1, 1913. Subscribers may if they prefer pay in full on January 10, or thereafter up to March 1. Common stock of J. G. White & Co., Inc., given with the preferred stock will be issued upon payment of the final instalment for the new preferred issues. Quarterly dividends on the preferred stocks will accrue on February 1, 1913. The preferred stock may be redeemed in amounts of not less than $50,000 at any time at $115 a share and accrued dividends. With the segregation of the engineering and construction department and the management department, J. G. White & Co., Inc., will be left free to take up financing propositions and will continue its operations in that field.

The Maintenance of Way Master Painters' Association held its annual convention in Chicago on Tuesday, Wednesday and Thursday of this week. Abstracts of the different papers presented will be published in later issues.

Railway Construction.

ATLANTIC COAST LINE.-Train service has been extended on the Haines City branch of the Third division from Frost Proof, Fla., south to Sebring, 18.7 miles, and a new branch has been opened for business on this division from Florence Villa, Fla., to Niles, 5.4 miles.

BESSEMER & LAKE ERIE.-An officer writes that the company is building 3.7 miles of second track from Woods, Pa., to Culmerville.

BRINSON RAILWAY.-Work was started recently on an extension from Waynesboro, Ga., to St. Clair, 12 miles, where connection is to be made with the Georgia & Florida, and through a trackage arrangement on about 6 miles of that road, the Brinson Railway will secure an entrance into Augusta. (October 18, p. 774.)

CANADIAN NORTHERN.-According to press reports a contract has been given to Murdoch & Company, Vancouver, B. C., for work on 40 miles from the north end of Cowichan lake to the Alberni canal.

The line from Edmonton, Alta., north to Morinville has been extended north to Athabasca Landing, 72 miles.

CANADIAN PACIFIC.-This company has opened for business new lines as follows: Cabri subdivision from Java, Sask., north to Cabri, 35 miles. Waldo subdivision from Caithness, B. C., south to Waldo, 10 miles; and the Fort Steele subdivision from Colvalli, B. C., north to Fort Steele, 23 miles.

This company has bought over 1,000 acres of land, it is said, near St. John, New Brunswick, to be used for making a change in the route of one of the branches. The New Brunswick Southern, which was taken over by the Canadian Pacific two years ago, follows the coast and has its terminus at West St. John. The land which has been bought extends between the Canadian Pacific main line and the New Brunswick Southern and a line will probably be built connecting the two roads, giving the latter direct entrance to the union station in St. John. Car repair and construction shops will also be established on the land.

CENTRAL ONTARIO.-An officer writes that this company has some of the work finished on a line from Wallace, Ont., to Whitney, 12 miles.

CHARLESTON-ISLE OF PALMS TRACTION.-An officer writes that the plans call for building from Mount Pleasant, S. C., east via Sullivan's Island and the Isle of Palms to McClellanville, 36 miles. Connection is to be made from Mount Pleasant with Charleston by ferry. Contracts for grading, etc., are to be let after January 1, 1913. Some of the track has already been laid. There will be about a mile of concrete bridges on the line, including one of about 250 ft. The Isle of Palms Development Company will fill in an area of one-half square mile and construct about 10,000 cu. ft. of concrete retaining walls. About $50,000 will probably be spent for concrete work, including a new power house, new ferry wharf, and making other permanent improvements. The company expects to develop a traffic in passengers and freight, including lumber, dairy products, cotton, fruit, etc. James Sottile is president, and W. W. Fuller is chief engineer, New Charleston Hotel, Charleston.

CHICAGO, MILWAUKEE & ST. PAUL.-A contract has been awarded to the Walsh Construction Company for two million ards of excavation on double-track work between Muscatine, owa, and Ottumwa.

CONCORD & MONTREAL.-See Mount Washington Railway. DENVER & RIO GRANDE.-The immediate construction of the louble-track detour line over Soldier Summit, where the raiload crosses the Wasatch mountains in Utah has been authorzed. The present line between Tucker and Soldier Summit is even miles long and the grade 4 per cent. The new line beween the same points will be 15 miles long with grade reduced > 2 per cent. The cost of this work will be about $3,000,000. Contracts will be let at once, and it is expected that the work ill be completed by July, 1913.

See an item in General News.

DE QUEEN & EASTERN.-An officer writes that surveys have been made for building an extension from Dierks, Ark., northeast to Hot Springs, 60 miles.

DENVER NORTHWESTERN & PACIFIC.-According to press reports the Denver & Salt Lake Construction Company, with a capital of $1,000,000, is now being organized in Delaware, to build the D. N. W. & P. from Steamboat Springs, Colo., west about 62 miles towards Salt Lake City, Utah. A Colorado corporation is also being organized to be known as the Denver & Salt Lake Railway Company, to build the line to the Utah boundary, and eventually to Salt Lake City.

EDMONTON INTERURBAN.-An officer writes that a contract has been given to F. W. MacLeod, Edmonton, Alta., to build a section of this road from Edmonton. About four miles has been graded and the company expects to have seven miles completed this year, and to build 60 miles of extensions in 1913. The approximate cut and fill work averages 8,000 cu. yds. a mile. The maximum grade will be 4.2 per cent. George Barbey is president, Vancouver, B. C., and M. Kimpe is the engineer.

ELBERTON & EASTERN.-An officer writes that a contract has been given to J. F. Cogan & Co., New York, to build from Elberton, Ga., southeast to Tignall, 21 miles. An extension is also projected from Tignall east to Lincolnton, 18 miles. A. Wilson, chief engineer, Elberton.

ELK & LITTLE KANAWHA.-This road has been extended from Rosedale, W. Va., to Shock, 5 miles.

ELKIN & ALLEGHENY.-An officer writes that work is now under way on the extension from Thurmond, N. C., towards Sparta. The work is being done by the company using convict labor, and three miles of grading has been finished.

FORT SMITH, ARKOMA & WILBURTON.-An officer writes that a contract has been given to Burke Brothers, Fort Smith, Ark., to build from Fort Smith southwest to Wilburton, Okla., 60 miles. (March 22, p. 701.)

GRAND TRUNK PACIFIC.-The Prince Rupert line is now in operation from Prince Rupert, B. C., east to South Hazelton, 176.7 miles.

GREAT NORTHERN.-A section of the Fargo-Surrey line between Bedford, N. Dak., and Surrey, 185 miles, has been opened for business.

GULF, TEXAS & WESTERN.-An officer writes that this company has projected an extension from Seymour, Tex., to Crosbyton, or to Floydada, 100 miles.

HAMPDEN RAILROAD.-An officer writes that work is now under way building from a point on the Boston & Albany at Athol Junction, which is about two miles east of Springfield, Mass., to a connection with the Central Massachusetts division of the Boston & Maine at a point about two miles east of Bondsville, 14.82 miles. Plans have been made to build a branch from this line at a point near Bircham Bend to a connection with the Boston & Maine at Chicopee, 4.25 miles. Grading work on the main line is about nine-tenths finished, and track has been laid on about five miles. It is expected that the entire line will be ready for business in the spring of 1913. (November 1, p. 861.)

HUNTINGDON & HEMMINGFORD.-Application has been made in Quebec for incorporation to build from Huntingdon, Quebec, to Hemmingford. The provisional directors include H. Timmis, R. H. McMaster, R. H. Barron, Montreal; C. W. Taylor and A. R. McMaster, Westmount, Quebec.

ILLINOIS CENTRAL.-A contract has been given to the Bates & Rogers Construction Company, Chicago, for concrete work on track elevation at Memphis, Tenn., involving the construction of six subways and about 25,000 cu. yds. of concrete.

IOWA & SOUTHWESTERN. This road is now open for business from Blanchard, Ia., to Clarinda, 17.5 miles.

KNOXVILLE, SEVIERVILLE & EASTERN.-See South Atlantic & Western.

LEXINGTON & EASTERN.-A new line called the Eastern division has been opened for business from Jackson, Ky., east to Whitesburg, 86.4 miles.

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