Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-11-30
THE RAILROADS.

tradiction Of Report Of the Resignation
Hopes observation-disclosures on the
Fuel Question Between Governor Pills
bury and Superintendent Prior-The Syn
dictate Which Has Contracted the North
ern Pacific $4O,o0o.o0 Loan-The Read
ing Deferred Bond Scheme, etc.
The Chicago Times of Sunday printed
report that George G. Sanborn, general pas
senger and freight agent of the Northern
Pacific railroad company is about to resign
his place. The GLOBE is authorized to con-
tradict the report.
General Manager Sargent returned to his
Office yesterday from trip to Chicago.
The officers of the Wisconsin Central rail
road company, accompanied by large dele
CATION of milIers and manufacturers on the
Fox River Improvement, will arrive here this
evening on visit to the business men of st.
Paul. A special meeting of the chamber of
commerce Is called for 10 A. N. to-day to
arrange for extending the courtesies of tbs
city to the party.
Track laying on the Northern Pacific be-
yond the Missouri has been suspended fer
the season thirty miles short of the intended
winter terminus on the Yellowstone. The
shortage may fairly be attributed to tho
early setting in of winter. But materials are
being pushed forward to tho end of the track
for completing the road to the Yellowstone
Immediately upon the opening of spring,
and great amount of the heavy grading on
the located line up the Yellowstone will be
done during the winter.
The ice bridge over the Missouri river, on
the Sioux City & Pacific railway, between
Missouri City, Iowa, and Blair, Nebraska, is
Just now completed, and shipments through
by this route from Iowa and Minnesota
points will commence to-day. This is one
of the connections of the lumber line, and
the bridge will greatly facilitate she ship
ment of lumber from st. Paul to Nebraska
and Kansas.
A circular of date the 9th, signed by Z.
w. Winter, general superintendent of the
O., st. P. & D. line, and @. 81. Haskins, gen
eral superintendent of the N. W. Telegraph
company, announces that Mr.. 81. O. Hope is
appointed superintendent of the telegraph
lines of the Northwestern Telegraph COM
pany. on the st. Paul and Sioux City divi
sious of the Chicago, st. Paul d Omaha
line, with headquarters at st. Paul. He will
have Sutlto CudlSo VI LILO GcAcSInPu oOiflCC
for the telegraph and railroad companies in
the territory mentioned, including msinte-
nance, construction, and the general super
vision of the operators of the line. To take
effect December 1, 1880.
The Hastings and Dah0td Fuel supply.
Mr.. G. 81. Prior, superintendent of the
Chicago, Milwaukee & st. Paul railway, vis-
tied Governor Pillsbury at the capital yes
terday, and had conference with him on
the fuel question, with especial reference to
the railway company's part in supplying fuel
for the prairie settlements along the new
roadway of the 81. & d. line. The governor
was in receipt of dispatch from OrtonsvilIe
saying that twenty-five cords Of wood and
two carloads of coal per day would be needed
there for the next thirty days. MIR. Prior
done and engaged to do and satisfied him
that no effort or expense would be spared by
the company, where necessary. He stated
that another wood train was sent out
the road yesterday and more would
follow, and that until an ample
supply has been placed at the prairie sta
tions wood cars and wood trains will have
the right of way as against any other bust
ness of the road. He stated also that the
company is now in receipt at Oskaloosa,
daily, fifty tons of coal, of which about
thirty tons will be required for operating
the road, leaving twenty tons daily for dis
tributlon among the vilIsges along the line.
The extension line of the Fl. & D., as ex
planned by Mr.. Prior, being new road, is
not yet provided with snow guards, and it
has been interrupted at times, but is re-
opened and is kept open by employing
whatever force the day may require. From
Mr.. Prior also the governor obtained some
information bearing upon the future fuel
supply of the country, and impressing him
more strongly with the importance of early
consideration and action upon the matter.
Railroad men tell, as an illustration of
their difficulties in dealing with the many
headed people, that the residents along one
of the NJ. & st. P. roads in Iowa are COM
planning vigorously that the company is try
ing to force them to burn coal instead of
wood. They have daily evidence that the
company has expended large sum of money
in discarding wood burning engines, but
imagine it has some sinister and selfish mo
tive in trying to save the forests.
Apropos to this subject is the prospect
that if the prairie people will not prepare for
winter by ordering their fuel in the summer,
Wueu cdr5 are plenty Huu transportation un-
interrupted, the railroad companies will dur
ing the summer accumulate fuel at the prai-
RE stations, and of course charge higher
prices than now to pay them for the invest
ment of their means SO long ahead of the
winter demand.
The Northern Pacific $40, 100000 Loan
New YORK, Nov. 29.-Drexel, Morgan &
Co., Winslow, Lanier & Co. and Angus.
Belmont & Co., have made contract with
the Northern Pacific Railroad company
for $4O,O00,000 six per cent. gold bonds,
having forty years to run, part of which, is
bought firm and part on options, giving
the company time to finish the road-the
bonds to be issued only as the road is fin
ished and accepted by the government. The
three firms named above as contractors for
the loan have associated with them Messrs.
Drexel & Co., Philadelphia; j. 8. Morgan &
Co., London, and Drexel, Harges & Co.,
Paris. In this city the associates
are the Bank of Commerce, the
Third National bank, Messrs- L. Won Hoff-
man 6 Co., j. o. w. Seligmann & Co., Us.
Kennedy & Co., Speyer & Co., Kuhn, Loeb &
Co. and Woerishoffer & Co. In Boston
q n