, 1879-06-12

lines were well satisfied with tho Niagara Fall,
arrangement. II cnu1a not hn carried tut II Tic
roans from oihcr Western points failed to sgrcc
a., ~; .Iatnes Smith, tleneiat Fright A9ont q
YESTERDAY. to take mart In tho proceedings, ntiti
| nrttcet tllp Aiton Interest on tho bus!nss cast
from st. Louis
THE ERIE.
The Reconstruction Committee Of tho New
fork, La&o Eric & Western Railroad Company
have fsslied private clrc,1lar to tic bond and
sllaro floldcrs. They give tic following details
nf tho condition md future prospects Of tho
road:
tho profortrsi stoc. 81 lii, So sd ths car eau!tni tn
3 sD'on. S." ;,aj,na E5, ,ota e s
oon the 1,on1al dabt Under tho sccnlo amounts 10
w. srsss ri It yss1 fSs. to !Ss e. 1sS
ssii, ss. TIs not rseslp,. fot srar W s,,dins is7s
amounted to II, 1u0, ott0 md, after tctiuCtimg ron.
n's a1d lnsses on Eo'ns nf the lcafet lines. cana
debt In tni, ~ reached ia isas. THIS va. rafned
Isnn, sertenoor; INT, 10 snrtcmbcr. 1878. tho
sa ~ '5t m ws Tas naa r. hy
cntlcd On tho relntn of commercial prosperity 10
America. The working exuo,,sca during this po-
rai atnoant to o. per cent Of tho Froas earnings,
having hesn Icucrd per cent during tho yoar.
-ahd this With tau broad gauge ali over tho lno.
The circular goes On to say;
The ltne 11as nov been relieved from itt arcat In
cnra Of l1oattnG debt aud stnrtA with cuaf bal.
anse shect nEn'nat Mi competitors
The third truck I,ah bccn laiI from Jersey Ctr 10
lnttao ., With steel Iatl:, md o.,ng 70 Tho new
fcnnHylyatis for thu t'ronRh Wcstern mud Sonth-
western tralic. from which, owllg to t1'o alx-fcct.
sase II aas ees e; thn lss1 lsrsuy shut ot
VIII al9w FREQ access Into Boston and she Nav
tnr,a,,d I'm STATES. and %l g:o gtc'.t facilities tor
Wiling I'm Inlet for pgescNEcrs and rno,1S yyhts
,s ,@s,e fa1 ,h.t Sny III; b re- ,sssf d, wfa
Now York Central is derived from ilo
New Eneland States. In 1s! tl,s tsa,ln of ET'o
shn year ending 1s7a, according to Sir Edward
Wntkinh' statement: al the ncettng to 41U, 4oY,
to; + nlay be fairly as..l1ned that 81 ls7n's6:
thor aecsss 70 to New Ensad ID Isl satss tey Vii VII
amount Io s1s, ooo. 600, and il tho expenscs are
s'a et e. s'f enn.;9ss ss sGs %ay yx SH u.
% 5oo sS5 e, ss II aies ei dsaaes ssas9:
,hle, nj Il 1n f Ry liz .ew saa :
enrnel oys1 seo ooa, QUO in tsS3. thcrc IS no rcn
ron WHY It Fhonh nut. earn that again, and ynod
deal no.c with the increased facilities il now I,os-
seSscs st,s a. and The revival Of trnle IN America.
nanaeement under dffoEent administrations, and
Inns never before boen able to assert ttn trto os.
t1oa =: one 81 the stest trunk lnes of Aaerca
~. % h o 'ISsoe t ~ s1 tsT.5 ozatsun ncanas. y
Amcricat, railway men. II bcinr vsll undSrttood
that II had mover been worked bcforo tos The 'nter
ra1a Esr ~ to ~ oono s 1 saFs m nGaoss Put ampty
uyer, We msy houe, has now basn chanvyd, and
since thu reorganization t1e ,lrowdua. Americans
tet m H. '1o e. & ~ sas aae
n, tic mcetins tint fho Committee hcra regard.
Cd With grcat favor the appointment 10 d ssnt
on the Doafd Of Mr. Iau,cs Il. Kecne, tho weij-
known Californian. to hss business cnpa-
b,l'tics md tho enormous stake he was known to
a,e b., ~ g t'e Company aa Il angnrs ws!! tor .e
11 .nita o. sae lropo5ty stat competent AMericans
so,la s,.. ~ nosv 1G !oa W'.ng anu !saas 20 Co.
rjus sr. Krnnc IL IL iii nirccor ~ scvsrat iycstc.n
roaits oi vital importancc 10 i tic Erie throurh
Company II sire Indication TINT tho Interests Of
thut road Will pc carefully guarded Looking at
the "eli-known ab!itY ni thcir ChRlrmau ~ rail-
tS n tnnt mntn9ot a escty 1ondense ny oq ;oossa 10
ne a. poaf WI uf w9sIsd on s na sc
tlcu md erns1encci MAN. Wins" svnIc IN ,ntcrcst
viii bo 10 Improve tbc yaluo Of ibo uropcrty.
ra ,sau -, .s,.e.,aa. .a..s - t.a.u f,...
tMe "as On passenger fateS 1Fein hahsas CITY
portions every hour, and ttwas reported last
evc'ltnE that tho rates from, Kansas City to
ChlcAgo were Il. II this state Of affairs
continues much longer the Iowa pool lines will
f,e forced to take Dart in the war md reduce
their rates from Omaha corrospondng'y. The
regular rate from Omaha to kansas City Ia
81, ald to this tho rate from Kansas City to
Chicago, 81, and tllerc will be d through ratc
YIN Kansas City OF $40, while the rcgulur rate
from .Osnaha to Chicago is sl8. Tho Iowa pool
nSh @ ,h lose @ a ti,c m us1asss gong vla Aansaa clty
.., nna tlley VII nave 20 lake some stops to pre-
fcMt eoHtnuance ol tac olVera1ot. -.-.-
w euth uAse w occM reported On tlic passetf-