, 1877-03-17
TIE RAILROADS.

There were no new Developments ycsterla,
In regard to the hitch in the advance OF tho pas
senger rates to the East. The Lake Shore S
Michigan Southern Railroad still stands firm il
its refusal to actede to the advance decided I'D
| on By the General Ticket and Passenger Agents
Association. The other roads leading Eas
from tl!is city adhere to the ncw rates. Thu
General Ticket and Passenger Agents Of tl,t
latter roads held consultation yesterday ant
decided to hold out for while longer, rs it i:
| the impression that the Lake Shore l. Michigan
| Southern will come to terms. The feeling
among the Eastern railroad men is very
bitter against the Lake Shore for p.lrsu.
! ing the course it does, aud all kinds
| 0! threats are made. The Western roads are
urged to refuse to sell tickets over the Lake
Shure q Michigan Southern and New York Cen
trail Railroads for refusing to abide by the actjc1,
of the Association. The Western roads will,
| however, do 10 such thing. They arc not ycry
| anxious at this time to cut their own throat j.
While the rules would warrant them i'll taking
such action, yet they feel reluctant to do so, for
York Central and Lake Shore g. Michigan South
ern Railroads sell just Us many tickets over the
Western lines is these do over their roads, and
they could retaliate rather effectively. especially
il they should select one Western road to which
they would rive the bulk OF their business There
can be no doubt that the reason assigned in
yesterdays TRIBUNE for the present difficulty
Is correct. especially rs Vanderbilt himself has
SINE admitted that he had dictated this step to
tiic Lake Shore because he believed the General
Ticket Agents had transcribed their power.
The Association ought to have waited, he SAYS,
nnt1i tie difficulties between the Eric and New
York Central III regard to the business between
Buffalo and New York had been settled. Strung
efforts are being made to induce the New York
Central 2nd Lake Shore g. Michigan Southern
to Tcsede from their position and allow the all
vas,>c to bc shade. There is probability that
their backbone viii weaken III q day or two,
the advance i'll rates. Should they continue,
however. Ito hold the tqrt, the other Eastern
lines Will undoubtedly be compelled to 70 ba:,
to the old rates, until Vanderbilt allows the ad-
vance TO 50 into effect.
STIMULATING SHIPMENTS.
The shipments OF grain from Missouri River
points have greatly fallen OF during the last
month. THE cause Of this was not because
there was no grain to ship. 1t is stated that
there is plenty OF grain at those points, but tue
shipper: would not forward it because the pres
cnt prices in the East are SO low that they could
make no money. Tic railroad managers were
told that If they would make a reduction in the
rates so as to enable them to forward their grain
without loss: they would hold back no longer.
The Southwestern Railroad Rate Association,
which comprisrs all the roads leading from Chi
caeo and St. Louis to Missouri River points,
llc1L 4 meeting yesterday at the Grant Pacific
Hotel to take s,'t1c action in this matter. All
the ruads belonging tu the Association were
represented, With Alr. 4. i. Talnadge. General
Superintendent of thu Missouri Pacific Railroad,
in the chair. After short consultations it WAS
decided to reduce tue rates on all grain except
wheat from Missouri River points to st. Louis
and Chicago 81 cunts per lUO pounds. This
makes the rate to Chicago u GENTS and to St.
Louis n cents. These rates will rei'luit i'll
force until April l only, when the old rates will
b: re-cstablisl!cd. 1t is believed that this r.
Guction will induce shippers at the river poiuts
to forward their grain 1t onrc. 1E: rate on
wheat remains rs bclore.-27m to Chicago aud
~. to st. Louis. ~1