New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-04-24
RAILWAY INTERESTS.
PRESIDENT ENDECOrrs REPLY
GENERALLY CONSIDERED EvAsIyE BY NEw-Yo

PRESIDENT ENDiCOII'S REFILL
GENERALLY CONSIDERED EvAsIvE BY NEW-YoRR
STOCKHOLDERS
The reply Of President Endicott, of the Ore
gon and Transcontneuta the letter recently seat him
by Brayton ives and other New-York stockholders was
received yesterday Tie letter dated April 10, bui
not mailed until late hour Tuesday. The New
York stockholders generally gard ~ evasive tn
swer 20 their inquiries IT. a. ioloFs:
Boston, April 10, 1884.
DESTLLUEN: ! received yesterday your letter Of MS
10th instant asking Information ~ to the aIIir u tho
-. and T. Company. and xrftdei ID learn thaC -
large q number " firms ind individuals, representing
large amount ot the stock manifest tcFe Interest IN
tie affairs Of BE company, and hope htf tAeY VIII CO..
operate 70 placing .I-m on tn improved basis.
must ornn-t -'inst M implication ~ IN letter mat
there has ever been any dsyO-i"n on tn pat ~ ts
-, tb,lJ G.,,, .toogsoid.rs I'm ,orr,,tiou ~ IN 90,
affair, OF the company. - FAR A. am aware no sock
h0trr has been refused auy rfJrn1oI proper %
boz un1u ft~i though il has u5f u-on Away. posi-
bic 20 be- accurate, to tre many 'et'''i ccplIf,
Tor constructions etc The officers Of comDany nave
no possible motive forcouceun-ut
tp the removal of The Offices % the company 70 wv
he ano had ber frinercrre there pelor- me recepi
VINO Is IN cIarg ~ the affairs 40 rue New YORK Office WI
show O. any OF ~ statement III the assets aud lke
gate LIABILITIES o. roc company 1 deem u improper %
max" public exhibit OF the names or the cred ,of-. vim
the collateral h-d By cac ~ know 10 rO De i,ti-te '
from several tnai he details u their loans be withheld
from public ..pection.
A The no Try often made In York papers
what become ~ the large capita Of Jle company.
n no be inUpportune 70 remind the stockholders
IN tue suruS OF market price IN Northern fac'ig
aud Oregon River and Navigation Companys stock ned
December asst By the Oregon and irlnscOntlnen a.
COMPANY, " during the past year % more than
S2O,OOO.OyO. more than $50 per upOl oregon
and Tran,cOutueDtl stock
In ard 10 maturing funding scheme, can only lay
ruat 70 has been muc4 discussed bat 10 seems hardly
accable To attempt 10 with success until Later IN tue
y'dr. The u. 100000 loan natures December 81 and
the remaining indebtedness Or the company At some
what remote date that tde col 3era T. not Al present.
ay1lllrp There h much b. expect that the sum
upon DO.h the Northern Pacific and oregon
Railroad ana Nlyi<aon companies will be such a. cry
much % siren Lhen The collateral WI Gu the COMPANY
will 10 otter Is security for lon2 loan. The annual
meeting OF the corporation viii within sixty days.
and. changes In The management ara pOss be n seems
appropriate 10 leave that matter FOR toe new
Board OF ID vctJrs % deal with.
The COM iny7 officers have cnde lvOret % brng thd
company f1m the very critical condition IN ~hIch n Wa
found IN December last into Of undoubted sOYency
ADJUST ant the floating indebtedness watch proved
be much .arger than had been anticipated and Seuer
ally 10 hrn. rae Affairs INTO snug condition. Mucn me
Larger part o, this work has been accomplished. aud II
To be how far the development ~ tla
North western territory would maze good the eXDectk
tons wnch lei tO the organ cation 81 tHe comp nv.
Very respectfully, Wa ESDlcoTI, H., presldent