, 1876-01-04

CANADA SOUTHERN RAILWAY.
Hagdto ConMere,a. Dee. il.
A brief New York Dispatch Announces that
Commodore Vanderbilt WAS yesterday elected
President Of tho Canada Southern Railway, This
eSsns was not onttro'y unexpected. It was
whispered about Wall street early In the week
that the Vanlerbiita had become possessed Of
over one-haf Of tile s:ock Of this limo and OF i.s
Wentrrn connection, the Cuicaso l. canada
Southern. Ard that q change Of management
would Roon La mAde.
4 paEt Of tho nav programme ia said to be tho
early con'ples4nn Of tho Mealesn branch, which
Wousd gtve line fkoln buffalo to Cuicago d.
rect: without grades o. curves for about .lG..
u4U, 400. Mo'o likely tl!s now move contc,npjatcs
tho absorption Il tue. Tu'eao. Wabash l. Ws..-
ern Hallway, which 10 scon to be Eotd under tue
hammer. Since Tho Cauaia Southern has b"ou
III opasAtion lively competition has boen w.t.
MESSED betWccn that line aud tue Laac SIlore,
Which has rcdultcd In material luBb OF tratiic
to tbs iattor road. Tue election OF Vanderbilt
as lrcsdcut Of the Canada Southern vii: pIc-
vent this conoetltton aud again make Tic Talc-
do roai = tributary to tic New York Cau.r4 Inc.
THE NEW oHtE"Hs; sa'iso+o' e; tou's CHICAGO
meeting Of ths s.o,xuoldars OF the New
Orleans. st. Louis i Chicago H4iiloa1 will ho
hold At Nov York Jan. IS to act upon, y p1opo.
e1tlon to Issue preferred stock uf tile Company
10 10 uFod III settling Its floating Indebtedness
and 1et.sipG tue per cent income and en- ,,r~
ment mortgage bonds OF tho Atissiesip;i Ceutl4I
Naia! Dad Company, aud Upon proposition to
1sAle tho bunda of tie New Otleabs, 1t. Louis
Chicago Eailroad Company. not exceeding
7J,uJo+ 0uo i'll amount, to 10 recured by mott
gage. aul TO be used 10 provias the meanH to
lmp!o'c aud hotter e4ulu the C0M:anys road.
aud to sett!c any iulob:e1ness Of tll.a EJnpaay,
Or OF either Of the Com au1es Of WITCH 1t WIS
formed by c,n1ol.lation Rid to take any othor
tl13t fjan}t1ni m n
ence to nny Aucl sndebteduoas.
WANT A ROAD.
The people Of Knoxville, Ia. have ctfored tue
Chicago. Hook Island Il Pacific EAiltuad Com
rany $1,000 AMI right Of way through the
town. it tho 0sha!oosa Drauch eau bo e1tendol
to their town. knoxville IL abol: 2j miles west
OF 0skatooss. and is IN tho direct lipo Ut III e1-
Tension w"s.ward to connect with t.,o Wintc.scs
Branch. RnI form part of possible Second liae
frotn Davenport to Council Bluffs, parallel to
and south Of tho pl@teut main line. rla laying
OF ttacE totC7ern Sig lurAey aud OHat,oat IL
now progressing r1pdy nr.t IL nearly 'lu4xled.
Tile people of uskaloosa have promised tho ,,,-
tractors bonus, provided shelr work wa5 uoue
by Jan. !.
FEp5cHAt.
Mr. Andrew Smith. General Passenger Agent
Of the Chicago Hook Island l. Pacific Railroad,
during the Inst week. MAS Attending to his duties
again Yesterday. Mr. Smith il still vary wcak
aud unaoo 10 clint up the tIlrea tlisht OF Stars
leading to hiB Office. Mr. 3lorsH. OF Tic Miclli-
qua Southern. has theref0rn kindly turni4nod
hin, wltu deak-ro3N iu ltuom OIL sle tlEat floor.
Mr. HORACE Tucker. Tor sone lime past act.ns
GcnsraI Freight AEont Of tAo ILLINOIS Central
1taiIroad. wus nppolutet on til, lat Of tae mouth
General Freight Agent OF that Company. Nj.
Tucker In Ill eltc.ent railroad naant aud we'll do
serves tho promotion.
ITEMS.
Tho General Froi1Lt Agents Of tho Eastern
pool lines held meeting at The Office OF tue
Michigan Southern Railroad for tile purpose Of
e4uaizlng tho rates to some OF the local points.
Beyond this no business Of importance WAS
transacted. It ia, however, reported TINT the
rate. to tue East arc weakening, And reduction
ulay take placu before long.
The Chicago. Iowa l. Nebraska Railroad tChi-
caEo l. Northwestern 1esfee) has declared diyi-
doud Of per cent, payable Jau.1.