National Republican., 1885-05-14
CURRENT RAILWAY NOTES.
Latest Information by Wire From Special
Sources

Latest Information by Wire From Special
Sources.
Representatives of the Kansas railroads met
at ST. Louis Tuesday aud restored rates to the
southeast.
The Brooklyn Elevated railroad was opened
to the public yesterday afternoon II extends
q distance Of four miles from Washington and
York streets to Broadway
1t is stated that tho movement TO pay OF
the floating debt of Union Pacific Is now
under way, and will probably be carried out
before July ]. It Is al5o stated that thc com.
pany's earning are between O and per cent.
per annum on its stock. ..
The Central Trust Company, Of New York,
has filed at Cleveland a cross petition In the
New York Chicago and 81. Louis receivership
suit asking that the court make no order which
will impair the security of the si5 OOO, 900 first
mortgage bonds and coupons of which tho
Genital Trust Company is trustee.
The report from London that the oregon and
California railroad is to be consolidated with
the Central Poetic system was confirmed yes.
terday, The Arrangement IL virtually pur-
chase OF the former by the latter stock of the
one b1ing exchanged for the outstanding stock
of the other on terms not yet made known,
and perhaps not definitely agreed on. ...
shortly after noon yesterday pay train
dashed into the EgRr Of a repair. train, near
savage, Md, on the Baltimore and Ohio road
and caused wreck which obstruCted the road
for nearly three hours. Two cars were broken
up, aud the regular as well as the special
train from baltimore for Ivy City were do
layed. No personal injury was sustained, but
several hundred people were prevented from
reaching the Ivy City track at the time an
nounced for the lirst raco 10 start. The money
damage VIII be considerable.
The st. Louis and San Francisco Railway
Company held It's annual meeting at 81. Louis
yesterday, and elected the following board of
directors: Edward T. winslow, Jesse seiigman,
Leland stanford, VIM. L. Buckley, Jay Gould
Walter l.. Frost, Horace Porter G. +. Hunting.
ton, Bryce Gray Russell Sage A. 8. Hatch
ChHs. W. Rogers, and T. S. Hayes. The annual
report submittcdshowsanct increase OF 81 ,T9i,.
700 in the bonded debt making the aggregate
bonded debt S2J, sos, 600. The unfinded debt
reached tho amount ofsl ,Gii, ,76s.
The managers Of the roads between Chicago
aud the Missouri river met at Chicago ycster.
Jay 70 rhtiiy the agreement made u iow days
Hgo for the formation ofa number of pools on
bGsinoss between the points named. The
agreement was read section by section. The
MISSOURI Pacific put in claim for an in.
creased allowance In the traffic, In which 1t
hconcerned, is and while no definite action was
taken, IL Is believed that the claim Will be al
lowed The afternoon session was devoted to
n discussion OF percentages in the pool on
range cattle. The meeting will be continued
to-day.
Considerable excitement was caused in rail-
road circles yesterday by rumors that indis.
putable evidence had been obtained that the
West shore railway, in connection with the
Wabash was making a l5cent rate on
grain from 81. Louis and Mississippi river
points TO New York, the same as Is now
charged from Chicago. II is also alleged that
they are taking fertilizer, which is class
higher than grain, at rate of 10 cents from
Mississippi river points to New York. The rate
ON the last named article Is u cut OF IA cents
per 100 pounds The Wabash line from Chi.
Cugo, via the Chicago and Atlanta and Lake.
ton, Is also taking large amount of business
from Chicago, which Is given to the West
shore. and II is claimed that rate of l2k
cents OF grain TO New York is being made.