New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-03-31
RAILROAD INTERESTS.

COMPLETING THE TRUNK LINE Pool.
AN AGREEMENT TO DIVIDE EAsT-BouSD LIVE STOCK
TRAFFIc-THE PASSENGER POOL CONTRACT
FINALLY EXECUTED.
The trunk lines have taken the second i'm
portant step toward the completion OF the pools on all
of their traffic. AT meeting Of their Executive
Committee at Commissioner Fink's Office yesterday 1t
decided to divide che eastbound live stock traffic
and advance on it in ten days This virtually
completes all the pooling arrangements which were pre-
scribed by the agreement Of last January when the
rate war was stopped At the meeting yesterday the
contract for the pooling OF passenger business also
completed in all its parts and formally executed
The live stock traffic Of the trunk lines has been in
disorganized condition for long time. Even the
decentralization which attended the grain and passenger
last year surpassed by that which governed
the cattle shipments Of the roads. Rates on this bus
ness IN the language OF prominent officer OF the trunk
lines have been literally at sea" for year past.
Commissioner Fink yesterday said that they hal ranged
from 10 to 20 cents per 100 pounds. This ia equiv
aent to $50 and $40 load Grain at the same rate
really can DO handled by tho roads with advantage,
which haul 1t East return with west-bound
freight, while the cattle generally go back to the
West empty. and the traffic in ts course eastward re-
1ures handling than grain other kinds OF freight
Railroad have been loss to explain tho reason
Of the extraordinary decentralization into which live
stock fell. BY many it has been
supposed In some wav TO be due TO
low-rate time contracts dressed meats made by tho
Grand Trunk Railroad OF Canada, the cheap shipments
OF such freight New-Engand having inerfered with
the profitable handling Of live cattle.
The agreement reached yesterday by the trunk line
Executive Committee provides for the division Of the
arrivals OF live stock ut NewYOrk Philadelphia and Bal
timore and In New-Engand. Arrivals at eastern ter
mini instead OF shipments from western termini, are
made the basis OF division, because the live
stock traffic differs from dead freight in
that it is often stopped ard diverted from
the rorte Of origin the way the seaboard This is
feature preserved from the old pool, winch covered
only the arrivals New York instead NJ the entire Al
lentic seaboard The pool Is To date from April 10 and
10 run Eve years On April 10 the gross tariff rate will
ing 80 The net rate isalOwed only 10 such ship
pers permit the joint agents at western places 10
| old rate was 65 cents, gross and u Is sald
| BY railroad that large advance
from the new hfycent rate most probably viii BE- made
claim disputed will be settled BY arbitration. Under
the old NewYOrk pool the NeTYOrk Central and the
Pennsylvania Roads received equal amounts, and the
the Baltimore and Ohie receiving about per cent and
the remainder. IL Is understood however that
the Erie VIII claim a much larger percentage than the
business OF 1880 which is to be taken general basis
Of division. would warrant the ground that since that
time the roads facilities for handling live stock have
been largely increased The prUvsiOn- Of the 1--we stock
pool will probably be extended 20 dressed meats. Tbs
class OF freight included under the ea5tbOund dead
freight pool will probably be transferred and the
rate upon IL made 60 per cent higher than the regular
! live stock tariff.
The signing OF the trunk line passenger pool contract
Yesterday DELAYED for the adjustment Of several
minor points OF difference. The principal one concerned
allowances for differences in fast time schedules. The
Erie insisted that should be allowed 20 charge lower
rate IN competition with the special fast passenger
trains to the West OF the Pennsylvania aud the New
being provided that Commissioners Fink should deter
III ne tns Inference.