National Republican., 1885-08-31
NAILwAY NOTES.


The "waslrOut which occurred In the bank
Of the Mississippi river ut VicksbuTs last wax
threatens to inuulf the new track OF tbs M!ssl
s'Pll Nu'VS '""'u'u'
Formal notices Of the courts Injunction re
slHlniug the cunslimmatnu Of the South rem.
SylNuniN and Beech Creek rtilrin transfers
have Teen served upon officers Of the Penusyl.
ynEin railroad
,o.,,o, la. ho,,, ,,,o,, h,. ,i,, o,.,-, =,
"A NcIuIC' nus pcul Sinun py ulS cart ~
MtehNliic, ny" nWnrllnS ID inc pialhtil,
nsilol,, ~ .y ,Il l'lu,,'S u'G w u'lt vi Wy
uus o, ~, VIZ 1e NheS"PV"Ne' ohi'
anu Sv"'hNVs'ciH i"ilV"u
A reduction Of cent per pound In the frcighs
rate on hops from the Pacific coast to eastern
points has bccn made By all the transconti.
mental roads. The old rate was 2 cents pIr
rCund. The new rate goes into effect Sent. 2.
3. e. W. IlntVoe, q ,Hls.Nnt encouragement Ol tno
GnIimOrc ana vhlo teicsianh, dled saturday
~ ltiTn AVA, hu', nllcr proitacted ilino's.
md ONO raiITcnd for tyenty yenrs IIis ne.
mains will be taken to Baltimore for in;ermcnt.
=,
ProesGnings nave ofeh oorliinCnced at Bloom
lhgoill III, 10 t!iYGt ~ 'sS ioIGCi2suTe o. mof!
grHc given III iSig 10 the NcntTM trust Com
lahy, ol New lotk, w lne l.llhyc,lG blpom.
iig9n ana Mlncie railway, now the Lake Eric
naInnd, Western 10 secure oohus assesatinS e.
GcO,ttO.
The Annapolis and ElkeEidge railroad was
by order OF court Saturday turned over TO tho
trustees appointed on the part of the bond
hOl1DFH
ference on the port of tho president and dirse.
TORS OF The company with The trustpcg. Tho
matter hns been In the courts for several years
Respecting the, reduction in the amount of
the diyldend on EorinWest prelerren STOCK
rom the usual dividend OF per cent to "a
noted mat preferred stock Is entitled 70 Z per
cent. per annum beiore inc common con mon sets any
!hing, then the common & stock receives .pS, what
amount of dividend TO be declared the pre.
fcrred is entitled to per cent more or 10 per
cent In nil. thon tho common q per cent m6re
and and finally fir when 10 per cent. has been md de
ClnTcd on each, any surplus that may bs icft is
divided equally between the two As the re.
duction Saturday brings the rate down to per
cent per annum il does not necessarily follow
that Inc common stock will suffer by a reduc-
tlon, although the recent action of the diroc-
tors Is generally accepted rs the first utima.
lion of n decided reduction in the dividend on
The common stock,
o. ,,,-,,-,-,.,-,. ,,-...- ,,,--..... r..
The philadelphia Press ,says Attorney Con.
south @ PENN PennsyIySnia i % Question ' 10 the hs courts ra
Politician Cassidy is not SO justifiable IN king
and timing Tor political convention 70 be
the attorney general would have carried mo.c
weight if II had been more free from the
scheme OF the politician. When the Demo
cratic law olhcer brought suit one dayand the
Democratic manager, without even II change
of mask, held 1t up as a partisan shibboleth the
next, the connection was so close rs to excite
ulblTusl. Inc question DelOuys 10 Tue cOurtS
and not TO political conventions, and the sus-
picion of setting II up In the one to use u as
battle'cry IN me other tends 10 cloud the
whole. IL u wei upon every ground OF public
policy that 1t should be presented for judicial
determination; However much we might
nave preferred that Attorney General Cassidy's
action should be altogether dissociateo from
amy political event, all citiZens must applaud
him IN taking steps TO bring the question 10 a
hnal and authoritative legal settlement.
In its review of the railway operations OF
1891. ms comnnred with several preceding