New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-05-30
RAILWAY INTERESTS.
EXPECTING A REASONABLE COMPROMISE
THE MISSOURI, KANSAS AND TEXAS COMMITTEE DIS
cUss THE JUNE INTEREST.

EXPECTING REASONABLE COMPROMISE
THE MISSOURI, KANSAS AND TEXAS COMMITTEE Dis
CUss THE JUNE INTEREST.
Tho executive committee Of the Missouri, Kansas
and Texas Railway held long meeting yesterday.
Il was expected that the names OF tho Conference
COMMITTEES, which would meet . similar COMMITTEES
on the part Of the Missouri Pacific, wsuld DO an
nounced. The appointment was postponed untu To-
morrow and, although two or three names were sus-
gcsted the selection was left to President Martnsen
The question OF the Juno interest was discussed but
no conclusion Yves reached The new directors de-
cfded unanimously that they you'd not furnish the
necessary funds and they agreed that. uuier the
terms Of the lease, the Missouri Pacific wa bound to
pay the interest n The road had earned It. Whethes
or not the interest had been earned depended on the
examination which had not yet been begun II was not
considered certain that receiyership would be nsces
that expense. An old director remarked:
Tho Opposing interests are repressn,sesd by bust
able compromise. do not look for receiver 3
long quarrel"
PENNSYLVANIA RATES TO BE REGULATED. ).
Pittsburg, May 20 Special. Chairman Cooley, d
tho Interstate Commerce Commission, who was route
to Washington, to-day said Our regular meeting foe
tho consideration Of new business begins on Juno 10.
One of the important matters to como up Is the ex-
pert rates Of the Pennsylvania Railroad system. The
western points clear through to Liverpool Tho COM
pany refuses to make these rates known. Now the
question arises whether they can charge tho sans
New York Tho Commissioners insist that their rstss
be made public. ana that those 70 'nAn .
ONLY THE USUAL REDUCTION TO BE MADE
Philadelphia, May 20 (specIap.-Onicers Of the
Ponns yIvania Railroad Company to-day denied thai
they are about to make wholesale reductions In the
force, to bring expenses down.
MISCELLANEOUS RAILWAY INTELLIGENCE
The opposition to the proposed reorganization OF the
Chesapeake and Ohio Railway has presented many
petitions to the court at Richmond, va, Which VIII
issue the final order.
pfttsburg May 20 (speclaD.-vice-Pr President McCreA
Of the Pennsylvania Company said to-day that fheN
was absolutely no foundation for the story In The
Ncw-York Times to the effect that the Pennsylvania
Railroad contemplated the purchase Of the Chicago,
and nm met the ts, Ms
and General Passenger Agent Ford had taken West
pleasure alone he had never visited that city before
Chicago, May 29.-The statement Of east hound ship
ments Of -four, grain and provisions by rail- last wees
shows tonnage of 1926 as against 2s,321 for tho
corresponding week Of last year. decrease OF 12os
tons. The Vanderbilt lines carried 424 per cent Of II:
total tonnage, tho Pennsylvania lines Bis, Grand
Trunk 1873, baltimore and Ohio 81 and the Big
-Four To-
concord, N. IL, May 21Clhe ior'y-eish'h annuA
meeting of the Concord Railroad corporation was held
here to-day, with . small attendance The reportof
the directors accepted and placed on hls Tho
following directors elected for the ensuing yese'
Fred smyth ". NJ Parker. Josiah Minot, B. A. Kimbal
John II. Pearson and John A. White, OF Concord, and
A. ]. Pllsbury, Of Tilton Ex-Governor Smyth was re-
elected president, and William NJ. Chase, OF Concord.
clerk
Port Jervis, N. Y, May 29.-The Port Jervb and
Monticello Railway, from this place to Monticello,
twcnty-four miles in length and connects with The
Erie road Formerly the Erie charged nothing for
tho use of Its tracks to the station Recently the
Monticello road began building a branch to connecs
with sho New-York Ontario and western road, and
the Eric charged $4,000 per year for the use Of rs
Monticello Company that on June It would be ex.
cluded from tho Ere's tracks and yards his Leaves
the Monticello road with terminal facilities.