Rensselaer Republican, Volume 19, Number 14, Rensselaer, Jasper County, 9 December 1886 — THE RAILW AYS. [ARTICLE]

THE RAILW AYS.

—The Directors of the Union Pacific Road report a surplus of $5,429,000 on the operations of the first nine months of this year. At the close of December the debt of the company will .be $115,270,265, or $25,070 per mile... .The Directors of the Erie Railroad met at New York and reelected the old board of officers. The total net earnings of the road for the year ending Sept. 30 were $7,057,808. It is rumored that within ninety days C. P. Huntington will acquire entrance to Chicago for the Chesapeake and Ohio Road by purchasing control of the Louisville, New Albany and Chicago, or concluding a traffic agreement. _____