, 1881-08-26
,,,,p,sasan, Race the Grand Trunk and
. '" rrle Are Leading One Van.
derbitt.
.aomor that ingalls, WIN Leave tho
big Four" for the oinoin"
natl Southern. .,
v.,,oa nt Louisville 10 Adjust Certain
Southern Freight Disagree-
, nlcntss
a,s,t Activity Among the Railroad Build
ars Ia Northorn Mich
igan.
rrr CINCINNATI SOUTHERN.
....,.t ni,nIfth to The Chtedoo Tribune.

rrr CINCINNATI SOUTHERN.
sn,,al pbpliea TO The Chicago Tribune.
c,rrt.sAr1, O.. Aug. .5.-Tho bids for the
,...s nr salo Of tic Cincinnati Southern ltnl1-
ss sa.s serc opened today. Thpy were ret, IL
.nm,cr. and were np to tho expectations OF tho
s.hIc, The city pays about $I,:s.00,000 interest
r. I'm raltroul bonls. but It was hardly cx-
se.tr, TIM, tho roud could bu uAscl for II suitl-
,.nt amount to n,ect this intGrcst. yet Bomo 0f
~, h,.,s 1oru nearly etluul to this ntnonnt. Al
,h,,,ob the citizens nrc nnxluus tllMt tho road
N either leased Ur sold, nHd taxation In this
Nv rcduced, still they demand That 1t
,k.lt 20 Into tho hal,ds 0f such rart1es us Will
vorf for tho Interest Of tho city. Tllu city
snilt Tho roai ut considerable loss to them.
,.ses Tor the purpose Ut ubtntntng tho Southern
usle and tho city should enjoy tho full benefit
Hn, Tim Interests Of tho ulty. 1t WIS clailncn,
Yn,d 10 best snbservctl BY the SUCCESS Of local
a,o,ratts for tho road, and under 10 cfrcllIn.
yapees would many Of our enp1tullsta co1,sont
10 jb gong 10 tho Louisville s. Nashville,
tut Is tho bid af that lonl was
auong tho lowest, all fcnrs from that
direction aro at IN cutl. 1t does not appear,
kox.yer, TIN, Cincinnati capitalists wo,llt 10
successful Tho Trustees Of tho rond reserved
tbs right OF Rejecting any or I'LL bids, nutl may
decide upon ono nf tho lower bidders, but tho
h,hest bid IN tho l!Ht w,Is n,nnffcstiy that Ut
simuci Thomas. who represented tho Now York
,yptcato with which Gov. Fosters t,nino tlas
lieu associated. ills bid was rs folluws: For
The first hvu yE1ts, $SS0, 600; for tho second Two
Jesn {ll 900; for tho thlrti tivo ycnrs, 81 1,:,,-
0D; tor the fourth I've years. $1,375 900; and for
ths dtth tiyc yeurs 81, L50,O0O. Thcrc was q dis
position to regard tho Tho1nns bid Informal be-
arse 1t 1ld not In terms cunscnt to tho ton
millions obligations III ntldition 10 tho rental,
hat Nj. Ferguson, President Of tue Hoard OF
7nstees, says hH would bn slow 10 pronounce
ha bll al fntugtnal.
Tho Trustees iu comparing bids to ascertain
snIeh Ia best, will compound tlo Interest yeRr
hTyeaF 10 tic lust year Of tho cost upd Gulll-
pin the stuounts. Gun. Samusl Thnmus left
tonight Tor Columbus al,d Col. E. W, Coie wont
Elth. 1t will require euulo tilup b0foro tho
txted eau be made.
Tneterns Of tho lcNso reQulrcltho lessee to
cupleta and perfect number of tuuuels,
hdlgch yladuOts, tlopots, and slllc.trauks, md
ha estimated cost Of Which Ia $.I00, ,0oO. to puy
llt.aes on the road aud equipments, estimated
ntlraD.aD; In twenty ycnrs to tnnku bottcr-
nenl4 annually Of 600 under direction OF
no Trustees, which fu twenty -llvo years Is
A0n00; to tako Of tho Truateoa 'Ail rollinE-
HocE, tools and machinery owned 1y them. All
DIS aggregated $lO0 900, nourly one third at
sn'ea must b. pAia au tho tlrst year ot tho lca-
: RS tenure. Yhls sl0,DUo, 600 must be added 10
10 aggregate of tho bids for rontnl
Tho first bid opened WAS that Of tho Louisvlle
tSGhvllo ltailroad Company, rs follows: For
10 mt period, f5O0.0W annually; second pe-
Ioo' $'VNI0O annually; third porlod, $BuO, 600;
'eann period, fVN.00o: nth period, 81 ,o0o,O00.
W. .seend o!'i' INIT or tho Cincinnati Com
neu.csrrler Company, W. II. Clomeuts, Prog
eud period, x7til IN nor rour. tht-., ,,nrt snnn
aDpcr ycor. sn,'s, ,uta o.o ~, pnt'uu' eao'-
AK no,a LIT; aouren M Poelotl' Sl'U'otuo per yoars
The third bid, BY clo,ncnts. M wc,t, 1ann,nc,tt
lCo, Np. eomowhot ,,,u,,,,ns, .',,., -
s..; "S'y n conformity with Tho torms Of tho
asalnas 10 o1ccss Of d stIpulntod amount,
foutsh bid. Il, q. Huston & Co.: FIAt period.
H. PCT Antli!,n: SECOND, $50 10; third $OQ-
Et,S ~ fa!no0; T., iltta, fl,s0Q.oW.
cities: First ncrnd S-i7 az, aiu sssn"
hin' tiuN00i; ftnlsth. III itslns3. tirIb Il III.
~ ~. tGsosge +: Doughty i CO. suaio an atcrt,a-
tss ~ H. " snd d1onws; First porln <G07 go: sca
Eh. tj.SSny' TSoS S,vU; .%'.,.' ioGrth. kiaDu;
Asauons Ct the s4tno iii. "@9 0't'o' ''soe
1sa!h sfh va by john Scott, representative OF tho
IL tsr1n, "reat ~ IT. southern, Gid not eopy With
Seysnil hiG ~ IL h,nEt.at,Mh El tW inr prnposAis.
2: F. Aabansa Great southor,'; ~ F,r.t nosioe5 sS a.
Sy;99N. N PER nnnuIn; scco., SvOo0tU: fhtstl. ii.
ESi Esbi't! t!9SHrsh, Ss t!,hA5,tpO: nth. &i.250.0U
ytylaa fi"or,.a, ~: aoet !ortho East Ionnosso9,
MGn second, xsS osi: thir3. snY9 IN. f'rth' fr.uh'
'GSnS9o; IL t'tth, 81, ,iOI,Wj. |"'-'~~'
tsngi i y ~ 6y &Janios 81. Clark 8; Co., wins In
spI United dut0a stutoa ,,! 10 pay $DoOMD tn W per
as III III otcT obIiHMtnps tuH M, i'nhI,lins na "
sis !t'.salar clrcliastatluo tint tic bitIs Soon
Il hahsssts - s taat so owsst came. out iirst and
s& an,s si; H. 1ho I rSaainK Of tho bisla closed
mat 70 hear from ti6 ntn hH1or 1nIoy atI1y WI!
i@s,e a,s 30 borne IL iuiua thMt TIC SUNS ,,nmoi
noi,itHH'na alanun! rentals for ouch tlvo yoara
lid sbo..o bs1 o'a was that OF Samuel Thomas, de-