. The Street railway journal . the Dunnellen and Westfield lines of the Elizabeth,Plainfield & Central Jersey Railroad Company, of Elizabeth,which now controls the Plainfield Street Railway Company. PROF. YEIJI NAKAJIMA, chief engineer of the city ofTokio, Japan, spent several days in Cincinnati last week examin-ing the r;peration of the lines of the Cincinnati Traction Company,giving particular attention to the principles of the double-trolleysystem which is in use in that city. Professor Nakajima statesthat a company had recently been organized in Tokio to replacethe horse cars in use in tha
. The Street railway journal . the Dunnellen and Westfield lines of the Elizabeth,Plainfield & Central Jersey Railroad Company, of Elizabeth,which now controls the Plainfield Street Railway Company. PROF. YEIJI NAKAJIMA, chief engineer of the city ofTokio, Japan, spent several days in Cincinnati last week examin-ing the r;peration of the lines of the Cincinnati Traction Company,giving particular attention to the principles of the double-trolleysystem which is in use in that city. Professor Nakajima statesthat a company had recently been organized in Tokio to replacethe horse cars in use in that city with electricity. The city insistedon the use of the double-trolley system as a preventive againstelectrolysis, and Professor Nakajima accompanied the engineersof the company to make a study of the system in Cincinnati, oneof the few large cities where the double-trolley system is in will also make an inspection of sanitary engineering, water-works and sewerage systems in use in large cities of this WILLARD A. COCKLEY SkITKAI HER 28, STREET RAILWAY JOURNAL. FINANCIAL INTELLIGENCE 369 THE MARKETS The Money Market Wall Street, Sept. 25, spite of a further accumulation of bank reserves, under therecent Treasury relief measures, the general money situation isless favorable than it was a week ago. The foreign markets havesuddenly taken a turn for the worse under the influence of tliegloomy reports from South Africa, the outbreak of fresh liquida-tion at Berlin, and the weakness lately revealed in the coppertrade. As a result, Europe has been a heavy seller of Americanstocks, and the selling has led to a sharp recovery in sterling ex-change, definitely removing for the present all prospect of goldimports. We have so far had no reflection of this change in thelocal money market. The banks reported on Saturday last anincrease of over $6,000,000 in surplus reserve, due in part to theTreasurys disbursements on bond redemption and interest, and inpar
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