The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-01-05
THE Nlw POOLS.


CHICAGO, Jan. 4-Ths Chicago, Burning
ton q Quincy declines to enter the New
Western railroad alliance on the terms ac-
oepted by the four .ther roads. This 10 q
result OF two days conference between all
the roads IN the interest," which closed in
.he afternoon. The session, to-day contin-
ned from 10 a. IN. to 4p. m all the roads
being represented by their general mana
gers. The proposition advanced to the.Bur.
lington was that 1t tshould join the new pool
on the same terms as the Northwestern;
but this General Manager Potter, oil the
Burlington, said he was prepared to abso.
lutely decline. This emergency had
apparently been guarded against
and the Burlington was reqdested
to stat. on what terms 1t would negotinte.
A counter proposition was then suggested,
that In order TO maintain the rates Two dis.
tinct pools'shouii be formed, covering all
compeiitive business on tie line OF the
Union Pacific road as far west rs Denver
The Union Pacific end It's iuuc present al
lios, viz: the Northwestern, Rock lsanc,
Milgaukee & 81. Paul and Wabash FORM
branches forming second. To this the
Burlington was not prepared 10 return an
answer and an adjournment was taken to
the l7th instant, to receive the Burington's
ultlmatum, in case the Burlington should
decide to negotiate on the terms outlined.
IL is stated that its Eego t!htions with the
Union Pacific will necessarily be pro-.
lppred In view of the numerous
points touched by the two lines, as direc.
competitors. As result OF the conference
IL is now deemed that the positive liked pol
lev of the Burlington management is against
furmipg a part vi the new alliance and
signing the twenty-five years compact
In this view there IS possibility OF the
boards OF directors of the New York and
III. Fail IN
their re speciive roads, bat as far as II has
been possible To ascertain. 1t Is not dsemed
nrobable that any OF the four roads now ip
tbe alliance will withdraw. The likelihood
of the Burlington entering into any COM
pact with the new alliance, even on the
proposal for separate pool, IL deemeu
yery uncertain as far as official expression
goes. The Burlington in the event the
new alliance is maintained, will pursue a
policy independent of any compact or
pooling arrangements whatever.
REPoRT DENIED.
CHICAGO. Jan. 4.-The st. Paul dispatch
stating that the Illinois Central was the
real hacker OF the Minnesota q Northwes'
ern road, which Yesterday was granted
valuable right of way by the city OF ~.
Paul. and wss also the bscker OF the WI.
mona. Alma e. Northern road as well as OF
other roads which connect with the above
two, is donled. The officials Of the Illinois
Central this afternoon stated tnat tuelf roau
had nothing to do in any sense, with the
roads mentionod and declared IL not likely
that ary OF the roads mentioned in the
"clsim" will be constructed very coon.
They admitted possibility ot their being
connected with the Illinois Central in the
future.
A REPORT ABOUT THE BEADING.
NEW YoRK, Jan. This Posts Pniladel-
mia speciai qsys that President Gowen, OF
the Philadeiphia and Reaeing railroad
company lunched with Twombley, Wander
bilt's son.in-law, to-day, and rumors are
revived that ON his Withdrawal from tue
r. aling presidency he will besome the
general solicitor of the whole Wand rbilt
system with special supervision OF the
Reading and New Jersey road. A gentle
man closely allied to Gowen in the Read
inc company, says that Gowen had re-
peatedly refused to give any hints as to hi
iuture, he neieved this to be what be had
decided. He would not, however, assums
the duties OF his new position Tor sewers
months. as he had srranged TO sail TO
Europe with his family soon alter the an
nuai meeting OF the 1fth and would no
return until June.
UNION r, cIFIc's KARNrKes.
BosroN. Jan. The earnings OF tn
| Union Pacific railroad tor the eleve'
nopths ended Nsvt m her SOth we're $27 .353,
77a. Z dscrense Of $45t Dag. The expense
we're Sl4 ,9s0. ~, an increase OF t24z,55s
| REpucINo nAIRs..
NEW YoRK. Jan. 4.-An order was prs