The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-09-29
gflonrtarv ano Commercial Rehitm.
BALTIMORE. Sent. 2S. 1885,

900. For Baltimore and Ohio Railroad there was a
better feeling, and sales took place at the Board Of
275 shares at S53A @S537s cash, S54@S54H buyer
GO days, closing at S53M bid S54 asked, cash, 20
q better than yesterday. Afterwards a further
Improvement took place, and sales of 5I5 shares
were made at S54@ S54H regular way, and S54 d a
S5i35 buyer go days. These sales indicate ad
vance of S712 cts per share the closing cash
transactions of yesterday. Northern Central was
again quite buoyant and the closing sales were
about q higher than yesterday. There were
l,GO0 shares of this stock sold at S2l@S2lH cash.
S2l15@S2l2s buyer GO days, and it left off at S2lll
bid, regular way, with S2l2s asked. Both Canton
and Springfield Mining without movement and
are held at about last rates. In Baltimore City 6's
there is scarcely anything doing, and rates show
little or no change. A small lot Of S3G4 1886, sold
to-day at %. There was some little activity II
Railroad bonds, and the market is without any spe
cal change, but rates have rather a lower tendency
The transactions embrace SIS, 900 Baltimore anC
Ohio 1855 at S57s; 81 600 do. 1SS0s at 81, z lower
than yesterday; 81 900 Northern Central 1855 a
671I; $500 do. at 6714; and 81 900 North Westerr
Virginia lst mortgage at 90.
At New Y ork to-day prices of fancies again i'm
proved, and the market closed steady. Erie ad
vanced =; New York Central %; Reading 2S; Cleve
land and Toledo =; Rock Island 12s; Michigan
Southern 3; and Canton g. Panama advanced a
First Board &, but at Second Board fell off ~.
At meeting Of the representatives of the Balti
more and Ohio, Pennsylvania, New York and Erie,
and New York Central Railroads, held at the St.
Nicholas Hotel in the city of New York, on the
25th day of September, 1858, motion, Charles
Moran, President of the New York and Erie Rail,
road, was appointed Chairman, and Samuel l.. NJ.
Barlow, Secretary. After full discussion the fol
lowing agreement was adopted:
First. Neither party shall hereafter, directly or
indirectly, employ runners agents OF any descrip-
tion for the purpose of soliciting passengers or al
low any compensation by way of commission, draw
back or otherwise for procuring passengers for
their respective roads; but each party shall be at
liberty to employ one person as a travelling agent
to inquire into the sale of tickets by connecting
roads, and whether the Company such agent repre-
sents is fairly treated by other roads as to its pas
senger business at competing points.
Second Neither Company shall in any way, d-
rectly or indirectly, procure any other Company,
Its officers or agents, to exercise any influence to
favor the traffic over its road in preference to
those of the other parties hereto it being intended
that business shall be left to take its course,
and its most convenient channel
Third The parties hereto will not employ freight
agents at the West except at lake and river ports,
nor at any other points not on their respective
roads proper, except at Boston, New York, Phila-
freights shall be employed by either Company, di
rectly or indirectly, at any points not their
specive roads proper. other than those above men,
toned and contract shall be made for the trans
portat0n Of freight except from day to day, at the
current rates for the time being.
Fourth. All barrel freight, except flour, shall be
carried only by actual weight.
fVh. A tariff on all freights from New York,
and to and from all competing points, East and
West, shall be fixed and agreed upon by the parties
hereto without power discretion of agents OF any
grade to reduce the same, and no drawback, dray-
age or commission shall hereafter be allowed, di-
rectly OF indirectly, to any shippers of goods In
fixing the tariff rates, the rates shall be charg
ed, East and West, on first, second and third
classes.
.Si.eth. The Pennsylvania Railroad Company and
the Baltimore and Ohio Railroad Company shall
establish the rates of transportation from Boston to
competing points, which rates shall also be those
charged by the New York Central and the New
\ ork and Erie Companies by rail and water. Dur
ing the continuation of Summer rates. the New
York Companies shall charge additionally on all
articles transported from Boston by all rail- on first
class ten cents per hundred, and on second, third
and fourth classes six cents per hundred, and dur
ing the period for Winter rates they shall charge,
over and above the rates Of the PENNSYLVANIA Rail
road Company and the Baltimore and Ohio Rail
road Company, ten cents per hundred the first
and second classes eight cents per hundred third
class and five cents per hundred fourth class, or
the said Pennsylvania and Baltimore and Ohio
Railroad Companies shall be at liberty to charge all
rail rates and insure the marine risks on the Allan
tic Ocean and the Ohio river. Provided that all
the rail rates from Boston to points of competition
at the West shall not be fixed to exceed those of all
rail by the Grand Trunk and the Ogdensburg lines;
and provided further, that the minimum of all rail
rates from Boston shall not be less than from New
York to the same points
Secenth Each of the four lines shall be at liberty
to insure at their option respectively all goods
shipped to and from New York to their respective
termini-viz: PiermOnt, Albany, Philadelphia and
Baltmnrp-an1 that o hntr otnr
and rail and all rail to Cincinnati shall be reduced
to eight cents per hundred pounds on first and
ond classes, and to five cents per hundred pounds
third and fourth classes and that without the Joint
assent of the Pennsylvania and Baltimore and Ohio
Roads the New York Central and New York and
Erie Companies shall not hereafter make the rates
on merchandise and live stock between New York
and Columbus, points west, south southwest
OF Columbus less per tun per mile than the rates
charged for the same between Cleveland and New
York by all rail.
Eighth. The differences herein agreed to between
all rail and water and rail rates to cover the water
communication by lake and river, as we'll as by At
lantc Ocean, but whenever the local rates of any of
the four roads and their connecting lines Joined to
water rates shall reduce the through rates to any
point, the competing roads shall have the ri ght to
reduce their through rates to such point so as to
leave only the above mentioned differences between
the water and rail and the all rail rates.
Ninth No bills as to trains, fares or freights, ex
cept such posted in suitable frames either at
offices hotels, other public places, shall here
after be used or circulated by either company
Such bills shall be posted only between the sea-
board and the Western termini of the roads of the
respective parties No advertisement or bill of
either company shall in any way depreciate the
line, route or accommodations of the others; but
all such bills and advertisements shall be confined
to statementof the times of departure and arrival
of the connections with other routes of travel
and the rates and conditions of fares and freirhts
Tenth. The classification of freghts eastward and
westward shall be uniform in all respects the four
lines and shall be according to the schedules of
classification hereto annexed.
Elerenh. Each party shall protect the other from
any variations from the said classifcations or of
rates of freight by any express or transportation
company (by contract in any form, either by car
load or otherwise), which may use said roads re-
spectivey all freghts destined to any competing
point, and further to insure such protection, no
freight shall be carried time by either of the four
Companies, or by any express company in any form
over the roads of either of the four Companies, at
less charge than ten per cent. advance on regular
all rail tariff rates, and any connecting line
which shall influence traffic by drawback to the
shippers or to any company shall no longer
have their coupon tickets sold by any of the four
lines. nor shall any through freight arrang ngements
be continued with them thereafter, so long as they
shall continue to allow said drawback.
Ttoelfh In case of any doubt of anv agent of
either of the Companies to the classification of
any article of freight he SHALL if there be agents of
the other Companies either ofthem at such place,
consult such agent or agents in regard thereto and
ii 10 agree, question Snall De referred
by them, without delay, to the proper officers of
their respective roads.
Thirteenth. The rates and charges and freights to
and from all common points shall be the same by
each of the four lines, and any agreement which
has heretofore been made with other persons or cor
porations for the reduction of the rates. for the
payment OF commissions otherwise, by which
they shall be enabled to transport property at the
rates which may be fixed upon from time to time,
ander this agreement shall be at once terminated
by the respective Companies.
fourteenh. The rates of transportation upon all
We STOCK to and from all competing points shall be
uniform per hundred pounds. No car load to be
charged for as less than Is 900 pounds and all ex-
cess OF weight to be charged extra in same proper
tion.
Fifteenth. All changes or notifications of the
rates of freight its classification must be made by
the consent of the parties hereto sgnied by their
respective Presidents, in writing.
Sicteenh. No free passes shall hereafter be issu-
ed by either of the parties hereto, except to the
employees of each Company employed at or be-
tween the termni of the roads of the respective
Companies, and to droyers in charge of live stock
stock trains eastward but they shall be limited
to person for either two car loads of live
stock; to two persons for not less than four car
loads; to three persons for not less than six car
loads and to four persons for not less than ten
loads or more who shall in all cases be required to
pay regular fares on their return.
Secenteehth. The rates of passenger fares and ex-
ira baggage the four lines shall be uniform be-
tween all common points, predicated on the fares OF
the New York and Erie and New York Central
Railroads, being nine dollars from the first day Of
November until the first day of April in each year,
and until the New York and Erie Road shall have
given ten days notice of an intention to reduce to