, 1874-02-13

UNION PACIFIC FREIGHT TROUBLES.
There il probability TINT the fight between
tho Freight-Agont Of tho Union Pacific Railroad
and the Freight-Agonts Of tho Chicago, Burling-
ton l. Quincy, tho Chicago, Rock Island & pa-
ciflo, aud the Chicago l. Northwestern Railroads,
will be terminated in few days, and that Chi
cago will como out victorious, aB usual. h1r.
Viuing places his entire hope for Buccosa on the
baltimore l. Ohio, the Kansas City, St. 10 l.
Council Bluffs, and the AtcllBon i Nebraska
Railroads. Ho succeeded with the former Road,
but the Freight-Agents Of tho latter have
Just decided to demand pro-rata rates,
tho samo as tho Chicago Freiglt-Agents.
This action outs the Union Pacific off from MI
their Eastern connections there boing 10 other
roads loading to Omaha, and there il hardly q
doubt that Mr. Vining, after having been driven
to the wall by the other roads, will submit be-
fore having suffered too great q loss. II ho
docs tho roads are oil willing to assist him to
their utmost extent in his light against tho Pa
froght they Gun over the road.
KEOKuK DEB MONIES.
Tho holders Of 92,292, QUO out Of e3,910, 600 Of
tho old DeshIoines Wiley tlrst-mortgago bonds
hnve joinou iu the organization OF the Kcokuk d.
Dsahloines Railroad, and have deposited their
bouds with tho Purchasing Committee, to be
used in payment for tho road. They have also
raised tho necessary funds to pay tho holders Of
tho 31e, ,ooo Of bonds not coming into tho agree-
mont thoir proportion Of the purchase money,
which is a4v5.51 for each 1000 boud. Tho
bontlholders Joining in the now Company re-
coiye for each u, ,0U0 bond aud accrued interest
new bond for $500, With $500 preferred
owns lel miloa Of road, and tho capital stock il
021 000 424 ,37G per mile. Of which 81 $4,000
is preforrod, and 82, 400, 900 common stock.
Thore will also be m iaRue of $2.800000
(514,2s por niio( q bonds, tho annual interest
r1vl,, ,v11 ba or nm yo1c
a11ssIssIppI VALLEY & wIRTEnN.
The Keolsuk Gate City states that George
Ed1nunds, Jr., Presidont, and Col Buell., Gem
eral Manager Of the Mssisalppi Valley Il Vest
Which, when carried ont, will mako
| their roal not only one of tho most
popular, but also one of the best pay
| lug lines In tho Wost. It ia their
| intention to have d continuous llno lunaor ono
management from st. Louis, to St. Paul. with
All extension south OF ut. Louis to point oppo-
eito Memphis, Tenn, and ultimately to Now
| OrloauB. This project Is backod by Now York
| aud foreign capitalists with plenty OF funds at
thoir command. + carried ont as i nov prom
Of tho best paying railroads on tho American
| continent.
l.EpucrloN OF FREI0Hr RATES.
Az predicted In Tue In1buNE Two days ago,
from tLis city to Now York az well AZ from Nsw
| York to this city. While tho ratea OF all tho
oaases lluyo been reduced from New York to
OAicago from horo to the East tue apocial clasA
rites only have boen cut. This GLASS includes
pork, lari and provisions, and will DO carried al
| 45 cents per hundred.
The other freight lines In thB city were thrown
Into confusion BY this action, mud consequently
reduced their ratcH on apecla! class to 6o contt
| Per hundred Tho ratos on Atock have RlBo been
| reduced by all tho Eastern linos.
| spread WspatcA to Ine Chicago Tribune.
THE PENNSYLVANIA AAD NORTHERN uENTMA1.
meeting of tho Directors OF tho pennsylyanla
aud Northern Central 1sailroad Oompanioa was
held yoBtorlay afternoon ut tile .otlioe OF tho
ponnsyyania Rairuad Company, tho subject oi
consideration being tho proposal loaso OF tlst
roatl OF tho latter to tile former Company. The
Northern Central doairo to loaso at MI interest o
por cont income per a',ntlln. Tho Ponnsylyanla
,nlroad Company offors hut per cont' but II
thought TINT q oampronise will bo oiootod be'
ire the annual mcetiig Of tho Nofthcrn Central
! tho 2l}tA inst,