, 1876-08-31
RAILROADS.,

AtAs ~ HhIf5ooO1tl Isl ' Elk LIN
Tho Managers and General Freight Agents Of
The roads leading from Chicago md st. Louis
to Missouri river points concluded their two
days session nt tho Grand Pacific Hotel at late
honr last evening. Al previously stated, tho
PRINCIPAL object Of the meeting was the forma-
t!on Of pool on att southwestern business
It is understood thai tic work Of The mcet-
Ing has been fairly crowned with success, and
that arrangements were perfected by whlcl.
further competition will bc stopped. Tho pool
or combination will go into effect Hept. /,
and WILL be 'naugurated as usunl with raise
Of rates.
The rates on corn from Missouri River points
to Chcago have becn raised from is cents to 20,
and 10 st. Louis from 10 cents to IL ccuts.
Iheao rates will remain III effect only until the
lot1 Of September when another alYance will
take placc and rates on corn To Chicago will run
up 10 221$ cents mud to 81. Louis 10 l7l< cente.
me wheat rates from Missouri River points
after % the 1st Of September will be os follows: To
Gilt ago &l cents, to 81. Lonls 20 cents.
The rates on other frefGllts will be Al follows:
From Mesoosi River points to St. Louis, Louis-
ians' I!annbal, 9niney. Huntingdon. md Da1on.
:;e!s ftfssss s.ns a po.: . isst
Isl i1e .oeS, g. s'riS!s rfa% .oSs
th!td.ciasa, 80; fourth. .clase, I'd.
1t being nndcsatood that tho live stock rate To
s.: Leai; pay Ms,enr. llnea nst ss5. liz, ratio to
lsae! ". lnntA Hhall be a. much h1ghaf thnn the
National Yards.
The al'oyo arbitrary rntcs will be charged
P A. ns'ness ;S,rs11stine cast Of st Louis
Davenport, and Chicago, excepting business
from Atlnnt'c acal,oarl points, On which huel-
ness arbitrary rates 1nny be changcd by agrco-
msnt from time to time, aa necessity may re-
lantlc cities to Missouri River points will at nli
ttnrs be the same by all routes, 81. Louis, HIM
nsosi' Of Gli!s.go. No more proratng on bust
On and alter Sept. no more passcs will be
given to. shippers or: their travelling agents, ex-
ccpt to drovors In Charge Of stock stld return
passes to the aame. A Joint message was sont
tracing a less than the rates agreed upon as
above The conditions for the pooling OF Tho
earnings are not yet entirely completed, but
viii ee at meeting to be held in st. Louis on
tho TIL, 81; Louis s Ksnfss s,Y,, c'ty s North.
Rs5"tesaeas an e fas, Of sn Nh the cessago Ros
sulerintenlent Of The Chicago, hi Burlington : &
to gather all necessary faets and statistics for
conpletton Of the pool arrangements and pre-
sent them to the st. Louis meeting.
now and the 10th Of september the Missouri
River pool may b. considered tlxcd fact. While
tl'e arrangement wlll DO away with the compe-
various roads leading to those points during the
last two years, ltts q sad commentary on the
reaott to such measures III order to
maintain rates. Pools and combinations
Of this. sort have. in every instance,
proven disnstrous TO the interests Of the slip
pers, for the railroad. seldom know The differ
st,c1 betwcon extortlonate and reasonable rates.
While i IL the interest Of tho shippcrs to have
equitable and steady rates At whlel, tho rail-
roa<la can earn fair profit 1t ID not in the!r lp-
forest 70 laye the tariff unEcaaaonably high. Tue
rates established Yesterday ara fair and equitable
bnt " ali competition between tho various lines
haa been atapped, they will not remain very
Long at thoae figures. Tho prospects, art that
another advance will bc made 'on the 10th, aud
probably another ona o. soon "a circumstances
warrant It, Such hos boan tho experience Of
every other port, md II is hardly probable that
this one will provo on exception to the general
rule.