New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-07-19
FENCE
RAILROAD. IETE.
TO REDUCE OK RESTORE .ATEs.


A general conference of the trunk lines and
tsr western connections viii be held to-day. meet
ing of Of the railroads leading eastward
out OF Chicago was called week for the purpose Of
considering the rsorsssisateR Of tho Chicago freight
pool At the same time an effort TO bring the Joint
Executive Committee together was rendered futile by
the refusal OF some Of the fines to send Representatives
The situaton regarding railroad rates CRITICAL
however that 1t was felt b. other companies that
general meeting Imperative, and finally It
decided that one should be held Tomorrow While the
Chicago o0mznittes Was here. Vice.
President a. J. Hayden. OF the Ecw.York
Central has been recalled from Boston. whittier
he had gone on vacation, 10 attend the
meeting II is also expected that the committee Of
presidents OF the trunk lines Will convene 81 the same
time Railroad men think that tue meeting VIII result
will stop the cutting Of rates that has been going
last February or will reduce scsenae fa.es . tas
line tree to make the those nade BY the
recently opened reads and by the pool lines wmsa
Proofs Of cutting have been secured .snnss
Numerous coTsanis,; ana 1880 sad 'hA' 'Ass va" 70
PROPOSING AN INCREASE OF CAPITAL.
At meeting of the directors Of tho kiclls
moud and Dauv1e Railroad Company. In tins eafy yes
tsrday resolution passed In favor o. Increasing
the capital stock Of the company from $ooooo0o TO
S7OOo.oOo meeting OF TIE stockholders 70 vote on
the popoation vii! be held ct Richmond In September
the new stock wiz be offered to the sfockhoders at
q price which VIII be Gxed at the meeting,
and which will be Sufficient to cancel the present nost
oaee st II the ssoenoIdrrs VIA not subscribe tho
new sfook the creditors viii accept Il Ia satIsiactien Of
SodSrs viii snSscrise for Is rompy Ths nastins deos
OF the company stated 30 be little shert of 100000
MISCELLANEOUS RAILROAD INTELLIGENCE.
BALTIMORE. July 1S.-The Peoples Passen-
gar Railroad extending from Fort McHenry TO Druid
Hill PARK wss again sold ut ancon tnis afternoon tthe
second sale having aside by the court and pu
chased nv cxUnited States Senator J. j. Patterson ".
ssdisr ct cariss renn ana psonrea by sSs
terms OF sale made by the purchasers
PHILADELPHIA, July 1e-The directors Of the susque-
hanna and Ts6ewaser Canal Company this afternoon
aaspved an agreement Of merger with the PhiiadePhn
and Reading Hailraad Company The directors Of the
latter company and the stockholders OF Don corpora
tions are still required approve the consohdstoh
HARRISBURG, Perm, July Is.-An application was
led in court to-day by Attorney Cassidy for
writ of quo warranto compa the Peunsyixania and
Western Railroad Company to snow by what authority
it exercises franchises rights and privileges to con-
strucs and maintain railroads IN Lyconins. Clinton
and Cearneld Counties IN TINS ctate tne VIII
was granted and made returnaoie September III.
GALVESTON, Tex, July 1s.-A dispasch from Houston
TO The Noes says: ~Impertaut negotiations are pend
ing between the Gould aud Huntington systema' look
ing to combination for freight purposes between the
Galye3t0n, Hafr15Durg dnu san oysS eee VIZ
Galveston Houston and Henderson line Details nave
not yet been known but said that when ms
com trains over tne 6aIveeton
HARRISBURG AntoniD road VIII run ON tnronkh
10 Galveston the Galveston, HousIon AND dsbaer
track"
CHARLOTTE, N. C., July 1s.-rhe Southeastern farh
Assuclaton meets nc Ashevis today An organization
was effected with Clarence Knowles. oil Atlanta "a
pree,dent scyenty-ave delegates we're present. and
s,ore ars expecfea No business was trnnsacted, Inc
convention asJourning until toaorrow.
TRENTON, N T.. July 1s.-Fredcrck J. siade. or the
Trenton Water Company the egotiatons Tor
the purchase Of the waterPower by the Reading Rail-
road Company IN order the rxht Of way for
a track into the milling district arc NOS yet
completed, but may be in q day or two
A wear ago the Pennsylvania Railroad Company made q
TO buy right Of way, aid was gwen
line refusal ~ &c May. Not having nixde tas
purchase by that time, the Water Power COMPANY
reused 10 hold matter longer IL Is SAIL the
Peunsyiynns Company has renewed tss enorts.asd
will endeayor TO get possession VI the rght OF way IN
order TO keep the Reading out
yrcKsBURG, Miss Juy is.-fAe last rail between ta's
city and the Yazoo River the Louisville, New-Oreans
and Texas Railroad was laid to-day. The water on
the yiekbure Shreveport and Pacific Railroad Is
falling ra,ay, IL expected that through trans
between aud Monroe will be running py Augus