National Republican., 1885-06-13
CURRENT RAILWAY NOTES.


The New York, Pennsylvania and Ohio
railway yesterday offered round trip tickets
from Cincinnati 70 New York, for the turner's
festival, good until July 9, for 81, this being
a cut of So on the contract rate allowed to turn.
ers only, and open to all. IL will probably
cause general break in eastern passenger
rates
Two hundred members of the Railroad
Yard d-Masters' Mutual Benefit Association of
the United States and Canada visited Long
Branch yesterday, and aiter dinner they lett
on u special train for New York TO take a trip
on the North and East rivers and New York
bay on the steamer Maryland, OF the Penn.
sylyania railroad,
James II. Moody auditor of the Pacific and
Great Eastern railway, has resigned his posi-
tion under the federal government In order
to devote his whole time to the business of the
road The grading OF the rond southeast of
Fayetteville, Ark. will soon be completed
and ready for the ties and iron. That portion
of the road which Will run through the Indian
territory Will open up valuable coal lands.
The proceedings in the supreme court of
| New York by Isaac Blumen-that on behalf of
himself and other bondholders of the consoli.
dated mortgage of the Kansas Pacific Rail
road Company against Jay Gould, Russell
| Sage, and others-have been discontinued.
| These proceedings were taken to compel
| Gould and Sage to account for the proceeds of
certain stock OF the Denver Pacific Railroad
| and Telegraph Company.
The New York Stock Exchange has listed
| the trust company 'sreccipts for the Richmond
| and Allegheny first mortgage Is of 1920. The
reorganization has been signed by the holders
of nearly 100000 of tho total OF s. OOO 900 of
these bonds, Of which little less than $1,000
600 have been deposited with the Mercantile
| Trust Company of New York, and certificates
issued for the same. Deposits arc being made
| daily,
| The officers of the Cincinnati Southern rail.
way deny the report tclegraphCd Thursday
night that construction train had been
| wrecked by the Caying in OF u nInnel. The
story arose from the fact that a construction
| train going south was thrown from tho track
| two miles north of New River bridge, KY, by
striking n COW. The caboose and seven cars
| were ditched. Five lnbOrers were killed and
Foreman oDonnell and ten or eleven others
| injured.
IL was expected that meeting would be
held yesterday between the representatives of
| the Baltimore and Ohio and the Jersey Central
directors in New York, but the meeting was
indefinitely postponed as the former company
Is not ready TO carry on negotiations for either
n lease or working agreement With Jersey Cen-
tral. The difficulty with the baltimore and
ohio company is found In the delay II Is meet
ing with in securing the consent Of councils In
Philadelphia for right of way through that
city
The annual election OF the oregon Railway
and Navigation Company, which takes place
ut Portland, Greg, next Monday, promises 10
be u hot contest between the general stock.
holders and the New York syndicate which
hold nearly half the stock Of the company
which was pledged TO thcm for a $4,000
| loan in December, 1881. II Is believed that the
fight will be developed in the candidacy OF
| Elijah smith for reelection as president, rep,
| TosGntng the Boston stockholders, and in the
candidacy of Col. Brayton Ives, representing
the Now York syndicate.
II is claimed that Sir Henry Tylers efforts to
! bring about II settlement Oftho railroad troubles
east Of Chicago may yet meet with success,
and the reports received In Wall street yester,
day from the meeting At Commissioner Fink d
oilicu were favorable, one of the statements
| being that II had been decided To continue the
wcstbound pool until July l. While II is con
coded that the pool rates are not maintained
the action OF to-day gives assurance of Il do
termination TO maintain the organization, Il
| Is not believed that amy Immediate effort will
be made TO restore rates
The United States Senate select committee
on interstate commerce began II session at
Chicago yesterday, and Senators Cullom, HRr
Tis, and Plat were present on behalf Of the
committee. Among tho gentlemen who fay'
ored the committee with their views were
John j. Rlnakcr president of the state rail
way commission, and T.. @. Lewis, membel
of the same body, both of whom believed in q
federal commission to work in conjunction
with the state commissions. Marshall Field
believed In u government commission, bu
thought II should devote Its attention more 4
new roads than To old established ones. He
believed In legalizng pool contracts, and tina
railway pools were OF benefit to merchants.
James II, Rutter, president of the New York
Central and Hudson River Railroad Company
whose death occurred yesterday at his resi-
denCc, Beachwood, lryingtOn, N. Y.,ofdiabete
, and blood poisoning, was In the d0th year %
his age. lie leaves wife and four children
In 1851 he entered the freight office of the Fri
railroad ut Elmira He was suCCessively chic
clerk In the Williamsport and Elmra railroad
office at Wllliamsport, clerk in the Chicago
onico of the Lake Shore railroad freign
agent of the Chicago Rnd Milwaukee railroad
assistant freight agent of the Eric road, ani
general freight agent of the New York Contra
road, lie was aierwlrd elected trailic mana
ger, third Vice president, and IN 1858 pTesI
dent Of the Central.