New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-06-19
MIS- ELLANEous RAILWAY INTELLIGENCE.

CHICAGO, June 1S.-A dispatch from Mil
waukee says: General Manager finney OF the Wis
consln Central Railway says that their new Chicago
line will be opened for regular tralic some time
during the first week in July In case the existing
rate still progress when the Central ready to
take through business Mr. Finney says his road Will
meet tho cut rate.
CHICAGO, June 1s.-The committee appointed by the
Central Traffic Association executive committee agreed
today upon a compromise in regard to the Mississippi
River basis. Tho percentage Of all Mississippi River
points remain at 49, taking the Chicago unit OF
100 az the basis Tho Western roads affected are the
Northwestern II. Paul. Rock Island Burlington Alton
aud Wabash. The compromise mot with general favor
and will probably be adopted Ihc members agreed that
the NewYork Chicago and " Louis road. the Erie and
the ONO and Mississippi should have representation
and the names of Messrs Caldwell, Duncan and Coch-
were suggested
CINcISNArI June ls.-Yesterday at Hamilton the new
management OF the Cincinnati. Hamilton and Dayton
Railway compe ed the reorganization OF the Cincinnati
Hamilton and Indian lpolis and the Cincinnati Rich
mond and Chicago Railway by the election OF new
boards The officers chosen for the hrsnamed road
President Chris opher never vlce-pre,ident -.
Waite; secretary and treasurer. +. H. Short For the
second-named road Eugene Zimmerman was chosen
president and the officers above named for vice
president ana secretary and treasurer.
CHIC AGO, June Is (SDecdi).-The Chicago committee
having charge the matter OF the Wabash and Chicago
and Atlantic the eastbound pool adjourned to-day with
a'resulI decisive as was hoped for The wabash
offered to arbira, the demands which II made con-
ditional upon its joining the pool sub committee was
appointed to proceed to New-York and meet Pres
leut Benedict of the Chicago and Atlantic and agree
with him, II possible tho terms OF that road coming
Chicago and Atlantic Withdrawn It's specia
rate on freight To the East.
81. PAUL. Mimi. juno Is (SpeciaD.-TAe existing low
passenger rates to Western and North points Is
causing extraordinary passenger tralic. One train
yesterday the Council Bluffs division OF the Chicago
Milwaukee and St Paul brought through 672 paying
PASSENGERS the SO rate representing the greatest
amount of money carried in passenger train
the road. The condition OF affairs exists on
by managers that the earnings have increased since
the began.
Boston, June ls.-Tho House resolution upon the
Field petition in bond sale in the SEN
ate to-day. proposition substitute the original re-
resolution to the matter into the courts ana tlo
House resolution was adopted.
PnIsBURG, June Is (Specab.-The bad state OF things
existing in shensngo and Allegheny Railroad affairs Is
likely TO be and satisfactory result
reached. Judge Acheson in the United States Circuit
Court to-day fixed June 80 for hearing the motion
expected that the motion Will be grant ed, as the
bopdhoders all IN favor OF the sale OF the road ana
are ready 10 reOrgan!ze the company.
1t was announced yesterday that the Union Pacihc
Railway Company had sold to Kdder, Peabody Co.
81 O0O 900 St. Joseph and Grand Island first mortgage
bonds The road 10 operated and the interest on tho
bonds guaranteed by the Union Pacific Tho sale was
made price understood TO be lOo and At the Ooe OF
the banking house II said that than half of
the bonds had already been marketed. IL embraces all
the bonds OF this Issue held by the company.