National Republican. (Washington City (D.C.)) 1872-1888, 1886-04-23
RAILWAY NOTES.

Mr.. Huntington confirms the report that he
has acquired control OF the Cincinneti. Ham
ilton and Dayton railroad.
A story was current in Wall street yesterday
that Jay Gould has Of late quietly been buying
control Of the property. was believed that
MIR. II. s. Hayes will BIO made director OF the
road in Mr.. Gould's interest.
The Atchison, Topeka and Santa Fe Rail
road Company announces that on April y, n
will restore freight rates to the schedule exist
ing before the Transcontinental war OF rates
began. The company has advanced its pas
senger rates from Missouri river points 70 the
Pacific coast 70 w.
President McMullen, of the Alton and Vice
President Potter, ofthe Burlington, have ac-
cepted the invitation TO act as arbitrators for
the Chicago pool managers and will shortly
ness east bound will be divided.
The United States court at Philadelphia has
denied the motion for q preliminary Injunction,
which wasmade on behalf the Pullman Pal
sportation Company restrained from prosecute
ing Its action brough TO recover two INSTALL
ments oriental reseryedin the original contract
between the two companies. I-4..
The House committee on public lands or:
dered favorable report on the bill introduced
by Representative Oates to forfeit the lands
granted to the Mobile and Girard Railroad
Company to confirm the stiles OF persons who
the railroad company, and to Gbsolve the COM
pany from its obligations as land grant road.
The New York Times says; "a company viii
be organized with $40 900 capital to build u
branch of the Southern Pacific from san
Miguel TO Newhull, $50 miles. The Southern
Pacific will also build from Saledad to Bakers
field, giving II through route from san Fran
cisco to Los Angeles. A. present lts trains en-,
ter San Francisco over the Central Paoihc
track.
Counsel for the Philadelphia and Reading
Railroad Company presented q petition 70
Judge McKennan In the United States circuit
court ut Philadelphia yesterday asking That
authority BIO granted 10 issue 81, 900 600 OF sec
ond series B per cent bonds. Judge Mcken'
nan declined TO make an order 10 the case,
saying he did not approve OF any further Is
sues OF bonds at present.
The decline of S550,OOO In the net receipts oil
the Grand Trunk Railway Company for the
half year Is attributed to the depression In
trade, the war OF rates. and the loss of traffic
caused by the smallpox epidemic IN Montreal
The directors. however, consider the general
finances Of the company to be in satisfactory
condition, as the company 10 in a position u
secure its full proportion OF the general ad
yantages confidently expected from the mort
peaceful arrangements now established by the
American railway systems.
Favorable report was ordered by the Mouse
committee on public lands upon Senate bill
authorizing the circuit court OF Iowa TO deter
mine whether any lands have been granted tC
the state of Iowa for the Sioux City and st
Paul Railroad Company In exceSs OF tbs
amount Of land earned by the company Al
lands In excess of the amount earned are TO re
vert TO the United States, but bona tde pur-
chasers from the railroad or settlers are 10 b.
allowed to secure title to the lands by fplhulni
the conditions provided by the general LANE
laws. .A,.