Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-02-19
EASTERN NEWS.
,ura.yr TO ro~r-rsrnLrssses.
~,r line remmissies.

rank Line Csmmississ-
g. YoKK, Feb. Is-Seversl % the
49, 81 the Trunk LINE Commis-
70. today 20 discuss the cut in
a 81 rates by the Western lines. II
Sscidsd 10 make no reduction IL
- Cor trsnacout.neuial travel until
sstsr next week.
n. Northern Pacific Directors.
r.. sirectors OF the Northern Pacific
,in~.y held a meeting today. IL was
ssa1 that the land committee having
800 ~ the negotiations for the sale
- eompany's land east of the Mis-
80 river, vsald report. Tue com
ss.,ss vas present, but pressure Of
-, busiusss prevented the reading OF
- ,epoyt. An adjourned meeting will
h.ld tomerrOv. when the matter will
- bsoaeht up for confederation
D.afh Of John y. csugs.
PHILADELPHIA. February ls-John y.
c,aoh died at O'Clock this afternoon
John b. Cough vss born at Sand
,.,s. Enelapd, August %, 1917. He
ssrs 70 America in 1873 and soOu after
s.rsoe A book binders appreniies IN
gsv York. He became Incorporate,
s,a vas accustomed to sing and reclts
= oroc shops, where his powers OF
rrinicry and action made him a favor
~ He fell into great poverty, but In
,sA0 took the temperance pledge and
..on began TO lecture on Temperate :,
ctr in Anerioa and England In time
be added other subjects and became a
sew popular orator. His auiobioera-
nhy vas published in 1916 and a volume
Of bis orstions IN 1854
The Fall In Rates.
CuoAoo, Feb. Is.-FolIovin9 the dis
solutiou Of the TranscontiuentaIA Assoc
station. the Uuioa Pacific Railway to
day promptly reduced passenger rates
from the Missouri river to the Paeii:
Coast one third to one-half, making the
scbedule as follows First class, nn.
limited, Omaha TO San Francisco, $50;
old rate ga. First class, limited. $50;
old rate, t73. Second GLASS, $25; old
rate, f45. The Burlington aad Mis-
soari River, for the Denver and Rio
Grande, and the Aschis1n, Topeka and
santa Re, for iss line, at once met the
cut, bat no move has yet been made by
the Northern Pacific. Frsights are in q
demoraliz ID oondition-20 10 80 per
cant. of.
On Wall Street.
NIw YoKK, Feb. ls.-Governmenis
dali and steady. Stocks shoxsd decided
weakness ct the opening, With declines
Of 4 10 over per cent, owing TO trouble
among the Transoontinental Associa-
ton lines. Early trading was socsm
panied by further decline Of frae
tionsl amounts, except in Pacific Mail,
bat this Was soon checked and business,
which had been decidedly active, be-
same more quiet With prices steady and
hrm, condition which continued until
nearly O'Clock. Heaviness prevailed
later until during tn. last hour, when
some weakness Was developed IN which
coal stocks were most prominent. The
drop In Lsckawanna amounted TO per
cent. All active stocks yielded more or
less, though the declines in most eases
we're only fractional. There was re
action in some Gases in inal dealings
and the market closed irregular but de
cidedly feverish for the most active
stocks. The announcement Of the prac-
tical dissolution of the Transcontinental
Assoel alton was followed by another
statement that the subsidy which had
been paid to the Pacific Mail Steamship
Company by the Pacific railroads was
btsrminate at the end of ten days and
that official action to this effect had
bsen taken. In fact the news in the
afternoon all reptered in the action Of
the Transoontinental Association and
The reduction In rates which, il Was
alleged, had taken place in rates daring
the day on business between points east
OF the Missouri river and the Pacific
Coast. Prominent operators, Who have
been conspicuous in bringing about the
advance, manifested no disposition 20
resist the decline. Pacific Mail shows
the greatest decline for the day with
q loss of 2sk. Union Pacific il down
II, Omaha preferred ia Delaware Il
Hudson and Omaha common each IA
and Lake Shore IL Northwestern aud
Northern Pacific preferred lost l and
the remainder of the active hst less
than per cent. The only notable e1
ception Ia an advance Of u In Manitoba.