Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1882-01-11
RAILROAD MATTERS.
The Reading Election.

PHILADELPHIA, January 10.-The contest
for the presidency of the Reading Railroad
continued this morning. Gowen remarked
he would consume the whole of to-day in
submitting between 1900 and 800 proxies.
While voting was going on, Cullett OF Nc
CalmOnt bonds counsel, interrupted to Of
fer what he alleged TO be a certificate OF 500
shares that d. Baumann's proxy yesterday
assigned to the support OF the Gowen tick
ct. II produce this certificate" said Cul-
lett, lin order to show that the stock has
been sold
Convent have information that the
parties borrowed certificates for the pur-
pose OF coming here, claiming stock thus
represented to have been sold | do not
know but that this is an illustration, how
ever. He said he would cable oyer and as
certain authoritatively if the Bauman stock
had been sold, and ii he learned it had, he
would withdraw the vote. The vote then
proceeded with nearly all the votes offered
being those OF Gowen. One OF the first was
that Of ex-senator Cameron for one share
in the Gowen interest.
The Trunk Line War.
New YORK, January lO.-The Post says
our information about the trunk line rail
road affairs is, that negotiations have
reached this point, TO wit That the New
York Central and Erie is each willing to
submit all differences tOa board OF arbltrerS
and be bound by their decision; that the
PENNSYLVANIA Railroad is willing TO do the
same, with the exception that il thinks the
Judgment of the arbitrers should merely
be accepted as declaratOry of what the
roads should respectively do, and should
not be irrcvocably binding upon them; and
that the Baltimore and Ohio is willing to
do whatever the Pennsylvania will do. II
. NnIn will
term OF three or five years. The chief
movers in the effort to bring about settle
ment represent important foreign and
domestic interests, and they have influence
which any one of the trunk line companies
wishing to sell its securities or caring much
for its standing in leading financial markets
of the world can't afford to treat with in
difference. Notwithstanding all this, eS-
perienCe since the railroad war began, war
rants caution in coming to any conclusion
as to a settlement Of the war, until the
signatures to articles Of settlement have
been affixed.
The New York Elevated.
New YORK. January l0-At the annual
meeting OF the shareholders OF the New
York Elevated railroad company, resolu-
ton confirming the modified lease was
passed by 25,5I6 votes, against 49,. The
elected: Cyrus W. Field, David DAVIS, Jay
Gould, Russell Sage, John H. Hall, Alfred
$. Barnes, Geo. S. Scott, J. H. Lane, Jesse
Hoyt, Daniel A. Lindley, Edward NJ. Field,
Jas. d. Smith and James A. Coming,
New Road Commenced.
ST. Louis. January 10.-Ground was brok-
en-. Yesterday, on the extension of the At
lanta and Pacific railroad from Ninca, In
dian territory. to the Arkansas river. A
large force will be put at work, and the
whole section, sixty-five miles, the contract
for which was let some days ago will be
ready for rails by May 1st. Several engin-
Cering parties are locating the line from
Arkansas river to Albuquerque, n. NJ. 1t
is expected that the station at the crossing
of the Arkansas river will be large cattle
shipping point for Texas cattle drives.
During the present year the railroad COM
pany will build large cattle yard at that
place.