National Republican., 1885-09-28
RAILWAY NOTES.

August Belmonts mission TO London, to sell
Northern Pacific second mortgage bonds, has
been successful, a syndicate OF bankers having
taken the issue, which will soon be offered to
the public.
The extraordinary heavy rains during the
past week have played havoc with the track of
the Mexican Central railroad. Many serious
washou,s have occurred, and travel Is likely to
be delayed at least week.
The railway committee of the Georgia house
passage OF tho bill, which has already passed
The senate, modifying the powers of the rail
ioad commission the state.
Mauricie Mayer, director general OF the state
railways OF the province OF Buenos Ayres, Ar
gentine Republic, is In this country on q pleas.
road management and railroad inventions OF
this country.
The sale of the New England Car Trust roll
ing stock which was concluded last week
realized A69hSO or 53 per cent of the face
the car trust certificates. Holders of the cert
ficates, who have not put them In for conversion,
will receive this percentage In cash.
Sir Henry Tyler of London, advises the
holders of American railroad bonds to wait for
the results OF next Thursday smeeting In New
York II II proves abortive, Sir Henry Is will
ing to join their efforts and again visit Amer
lea, In an attempt TO compromise differences.
President Zimmerman, of the Chesapeake
and Nashville road, says the report that his
road had been purchased by the Louisville ana
Nashville road Ind no foundation in fact He
says the road VIII be built and operated, and
VIII form part of lluntington's great system,
and, Mr. Zimmerman adds, "any one who
knows Mr. Huntington that he Is always
is at work on the road now, and by tie list of
January, 1857, the short line between Cincin.
natl and Nashville will be open for business,
Suit has been commenced at GAINESVILLE, Ohio,
by leyi u; link, to recover from the Baltimore
with interest. The plaiutil alleges that no
was In the employ of the company from April
]. 1850 TO April ~, 1885. at q monthly salary of
SJ2, and during, that time the defendant Kept
back S226 OF his larry each month This
money went into an insurance fund, and this
action will raise the question us to whether the
system OF insurance adopted by the Baltimore
and Ohio IL In acCCOrdance with lava suit in
which hundreds of former aud present en-.
ployes of the Baltimore and Ohio viii be much
Interested
The spirit Of peace brooded over the meeting
of the general passenger agents of the trunk
lines nj the commissioners office last Friday.
All the roads We're represented, and II wus de-
cided to report tu the standing committee
which will meet next Wednesday, In favor of
aTeyiyal Of ghc pooling Sgreemen,s covering
of settlement Of the practical questions In dit
pute b,twCen the roads was ngro3d to. Tue
immigrant traffic was discussed ut length, but
the PCnnsylvAnia's representative had not
come prepared to net on this subject, so that
no action on immigrant rntes could he taken.
The Obstacles to be overcome In Hnbdlnstmont
of the Immigrant difficulties are the existence
Of the low-rate tickets issued by the pcnnsyl-
Nnnia and the West Shore, ana tho reluctance
of the former road tQpOOl the traffic at nil the
sCabOard ports ms well as New York. Another
point of controversy Is the position OF tho
West Shore, which demands Ms much COnSido.
IRtiOn in the adjustment of percentages ms Itdi |
before the New York Central secured control
Of H. The road, nil profess eagtresS to restore
mos, hut imo viii hc required 20 arrange any
dCLnitC scheme OF action,