New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-05-12
RAILWAY INTERESTS.
FREIGHT RATES STILL BEING CUT.

EREIGHI RAILS DtIlANp 49,
IRREGULARITIES CONTINUING IN SPITE OF NE"
REGULATIONS.
East bound freight rates are still being =" cut
by the railroads The roads that are mainly chargcu
with the "cuttlng" are the NewYork, Lake Erie ana
Western the Grand Trunk Of Canada and the New1oIk
Lackawanna and Western, and their western cohhec-
lions. These Irregularities have disturbed scheuu'e
rates for about months and efforts TO correct lne
have been made at two meetings OF the genera
managers OF the pool roads within that tne' Az
the first meeting difficulty was found in proving
the guilt OF any line and the manascIS
contented themselves with adopting new regulations
10 prevent future evils Subsequently the rate-cnttns
increased in extent and amount and was found neces
sary to reduce the tariff grain and provisions Inc
reduction in the provision rates was made expressly
upon the assertion of the New-fork Cehtial
Railroad that schedule rates were not behg MAIN
tanned AT the last meeting OF managers
a few weeks ago, further measures were
adopted for the punishment OF roads which were de-
tected in cutting rates. since that meeting tne sac
charges made by well Informed railroad oheeIs "S
The receipts Of grain at NcwYork are pointed to as
evidence that all the lines not observing tar rates
When compared for -FOUR weeks III APpII tn ',
show the following changes from tine movement IoI
the corresponding time III lSo2:
Apr, 1882 April, 1893.
so Erie and Western S @5 a5s s5S
Delaware Lsckavanna and Western. 100000
Total bushels. 2292929 8l7l24o
The foregoing figures specially significant in view
of the large business done by the Lackawanna
line, which has no gram elevator at TINS
inferior to the Pennsy anla road, which II has steadily
been surprising regards the amount OF grain carried
into NewYork 1t is asserted that the Ncw-York Cen
tral aud the Pennsylvania roads Will act together IN
any complications that may grow out OF con
tinuation OF existing conditions Their managers say
that they are disposed not to court any open
collision with rival lines for the present If 1t Is found
that the rate cutting continues decided stand VIII lie
nv Z bp fVo den
railroad men are willing TO admit that The Few
not be applied to the main Western connections Of
the trunk lines These regulations provide
for cutting off from the privileges through rates and
through car exchanges by the trunk lines OF any
ton against which the cutting OF rates can be proved
The idea is secuted that the New.York Central under
any circumstances would of the Lake SHORE the
Canada southern, or the Erie, it's new Chicago
nd rS %ane and chicago MG TSad
have already been deprived OF through trunk line fac
vile New Albany and Chicago-but they are lines that
owned controlled by the trunk lines for the
purpose of reaching Western points OF distribution Of
business
ELECTING JERSEY CENTRAL DIRECTORS.
The annual election OF directors of the Cen
tral Railroad of New-Jersey held yesterday Jer.
sey City The following ticket chosen without OPP
position 154333 being cast in favor of it out of a
total possible of l35. 632 shares Henry ). Little,
John Kean, Franklin b. GoweD. Edward c. Knight.
Robert Garrett, sidney Shepard, Theodore f. Randolph.
Samuel Sloan and J. Kennedy Tod. The only change
from last years board is the choice OF Mr. Tod to I'LL
the place Of Edward Clark deceised The election of
officers will take place next week The shareholders
passed resolution, recommending lease OF the Central
TO the Philadelphia and Reading. rs follows:
Rcsored That The stockholders hereby approve OF the
proposed lease and contract To and with the Phadel-
phia and Reading Railroad Company, and request the
directors execute and the same into effect I'M
mediaely upon the company acquiring the legal power
in the premises by the termination Of the receiver
ship.
The In favor OF the resolution represented 49,.
Qjl The report of the master IN cAanccry re-
laling the termination OF the recevership Will be
presented to the Chancellor of NewJersey some time
next week.