, 1881-05-09

1HQ DIliC'ul report 0L Tile PI0EEeuluX1 VI LII
meeting of High Joints, held In New York,
April ~ and ~, 1881, las Just been published.
That portion of Commissioner Fink's speech
regarding the recent sudden advance In grain
rates and tho agreement OF March II WIS
published yesterday In connection with tho
announcement uf tho reduction fn livestock
rates.
The report OF the committee upon the
competition Of the Mississippi River route TO
the lnte meeting Of High Joints shows that
tho river movement Of grain gruw from
Ca, 0o0 bushels Of wheat In 1870 to III, 7tl!!. GA
bushels of corn, wheat, and rye in 1850.
While I'll 1880 the river carried from St. Louls
1916, ,GG4 bushels Of GRIM. tho live rnil-
roads running east, from st. Louis
over 100, ,oW p,lssei through st. Louis III
trui,sIt fronl points west and northwest Of
tween .jaE* i Nild aIarcll y ut this yrar WIS
?aasss, ,lpN bushels Thu rail- lines carried dur
i1g TUG saine time 1oas 37a bushels Dotweei!!
Feb. 10. the opening OF navigation, and April
months, tho 6nrge flies carried to New Or
lellny: Wheat, l.74s 6.W bushels; corn, " HE,,
0tU bushels; outs. 50075 bushels; ryr, - ~
bushels; total, 4,&9i. ~ bushels; Besides tie
mont between June and Feb. ~. During
the leo blockade the past wlntDr butwcen st.
Louis and Cairo the hnrEB 1Incs carried from
tug Iatter nlaca .loo. .olU bushels bulk Ernln::
says they hnyu given great Impetus to the
exj,nrtntf0n Of grnin viii Now Orleans. Tho
tettlcs have brought abundant oceat tonnage.
botll steam and sail. to Nuw Orleans. Yes
yators being used for transfer from bar9es to
SLIPS, aiMl with q capacity OF fronl 1000 to
5,ooo bushels Erain per hour:
So far. In 1881 the rateS from st. Louis 70
New Orleans have varied frnm elx to eight
a1lu q half centa per 6usl,cl River rates
from cRlr9 to New Orleans wero six to eight
cents per busllel.
4 comparIson of through rates yia New
shows TINT the rate from st. Louis to Liver
lDol yla. New Orleans, including, expenses,
s.c " !ns1rance' etc; amounted iast H., SNEe
York, Including expenses. amounted to
Gu Il iO0 cellts. 1t is generally believed, tho
r1port snys, tEat low as the river rites now
arc, they can 1e made t'l'tct, lower; II, sh9rt,
TINT tho barges call carry bulk grain proata-
bly, Mt four cents per bnsEcl.
AN IMPORTANT CONsOL1DAT1OS.
LOUISVILLE, Ky., Alny s.-Another biE
scoop for Louisville railroad enterprise and
sagucity leaked ont not twenty-f0ur hours
ago, n,lu the Louisville, New Albany t. CHI
cago Is holding the strings to make Itself ono
OF tho leading quick lines ut the country.
Its managers tayo succeeded III co'lsolidnt-
lnx with the present ronsl tho now Chicago j.
.lntlEanapolfsA Air Ltne.whtch Is partially built
and rapidly approaching completion. This
new road Is almost direct mir line between
tho two cities named. 1t runs from Chicago
through Rensselaer,, Bradford, Dc lplll, aud
! Frankfort, IuI. 1t passes through Lake,
jasper, white, Carroll, Clinton, Doonc, alld
| Marion Counties. a rich district. aiilply
able 10 support line by local traffic
Alone. 1t Is BY twenty miles. the shortest
routa between Chicago md indianapolis. 1t
connects with tho Louisville, New Albany
| i Chicago at Bradford, White County, and
thence goes direct to both Chicago and ill.,
I1nnapOlts. a large amount ot work has
| already been done on the road. nl,t
sIxty-cIght to suventy miles havo already
beeM completed and In .actlye On1ratl0t,.' AL
supplies necessary. for Its completion nre on
hand. aud tllc llne ls ncarly all gradssl. The
will Du eomplNted by Oct. l, and
| tho road from Bedford 10 Cllcago, COM
plotting the Lotisyllle, New Albany, Il
| Chicago through ronto, Will be In operation
by July Is. 4 successful prosecution Ut
! tlts scheme will gtye the Louisville, New
| Albany u Chlcago a through Inns twenty-five
niles shorter thnn my other route, and
twenty miles shorter tlinn any route between
Chicago and indianapolis.