New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-04
DISCUSSING TRUNK LINE RATES.

DISCUSSING 1KUNk Line
There was no formal meeting OF the trunk line eKecu
live committee ut Commissioner Fnk's Office yesterday.
but Mr. Fink, Commissioner Blanchard, OF the Central
II afic Association, and Chairman Faithon, OF the
Northwestern Traffic AssOcia tion were In consultation
IN the morning on the granger rate Generalization
reply was received from General Manager Hickson or
the Grand Trunk of ada the dispatch sen, by Mr.
Fink with respect Thursdays meeting and the atti
ule of the connect ions OF the 500 route Mr.
Fink would give the reply in full but he dc cared
that 1t conservative in character and he believed
that there danger OF the Northwestern rate
extending east OF Chicago. Negotiations however,
are going determine attitude of the trunk lines
to the 500 route when II Is opened l0r Mesg uonu
traffic. and to the ta-ih made by the Grand trunk
New En- gland line.
Tho trunk lno passenger committee decided to grant
Teachers which will hold its annual convention In san
Francisco next The rest of the day was spent
in preparing defence for the Interstate Commerce III
| vestigaton into the emigrant traffic next April
PUSHING CHESAPEAKE AND OHIO PLANS
The reorganization Of the Chesapeake and OHIO Rail
road is making good progress, although there is no
chance OF termination OF the receivershp this ycar
syndicate to facilitate tho reorganization has Deen
formed by Drexel Morgan Co., Speyer & Co, Brown
Bros Co. and Norton Bliss Co. The plan involves
consolidation into system Of the Chesapeake ana
Ohio the terminal properties Newport News the new
line from Huntington Cincinnati and the bridge over
the Ohio River The new line will be l4O miles long,
and no securities have been issued upon It, WORK IL
being vigorously pushed and will cost over Soo,ooo per
mile. The maximum grade will be thirteen feet 10 the
mile less than half OF that Its most important com
| netitor and there will DO substantially curves:
Saucts carry the overhead through Maysyie AID
Dayton The bridge across the OHIO VIII be con
struced on the same substantial plan IL VIII DC oo
The cost OF the bridge will reach $250OOo0. inc
OF the n pGT S nRS c I secres can issued
free from anS prior liens ,,, ,., u, Il.
no of III
he assumed by Melville f. ingalls,, president OF the en-
called the Big Four ~ he will not. however, sever his
connection with the Big Four" which win be used In
carrying the Chesapeake and OHIO system 10 Chcaso'
REDUCING WESTWARD RATES ONE HALE
ST. LonIs, Feb 3 (SpecIal.-The Chicago ana
Alton Railroad to-day made a cut In rates from ot
Louis to the Missouri River, and also from Chicago
10 the Missouri River Tho new rates from st. Louis
to Missouri River points as follows, numbering
from the first class down: CO. IS, 10. 1G, IL, 10,
: IL and 10 cents from Chicago 10 Missouri IIver
hs is az reduction Of about ono half under tho
hat have prevailed since December %.
CHICAGO, Feb. 3--The war in Western freight rates
raced hercey to-day 1t opened with the official tariff
issued by the Chicago Milwaukee and ST. Paul Company
slashing all rates between Chicago anc Council Bluffs
almost in twain The rates az quoted by tho st. Paul
were class 40 cents second 3d. third 26 fourth H.
fifth &c, A. II 12 b. TO- These reductions range from
80 cents to cents. Tho Chicago, Burlington and
Quincy issued tariff making similar reductions to
Council Bluffs and also putting in the same rates to
Kansas City and South western Missouri River points
Chairman Mlgely, OF the Southwestern Association,
hercupon authorized all Southwestern lines to meet the
rates. Later in the day the ST. Paul Company made
biz reduction in TO Minneapolis and St Paul cut
ting down first class from 40 to 80 cents and ether
classes in proportion Before the Offices closed us
evening the ST. Paul quoting to Council BUNS,
Kansas City ard other Missouri River points rates on
all classes cents hundred below the morning ont
These rates only affect the through business TO the
Missouri Iver and 81 Paul, bnt to all intermediate
points west OF the Mississippi River where the tariffs
nunte rates higher than those given by tho cuts
East bound freight rates also are becoming denoral
zed Fonr OF the lines have been taking provisions Tor
export New York for % IL cents hundred wicn Is
= cut OF 10 1-2 cents below established rates Ihe
PENNSYLVANIA roads have cut loose FROM the trunk nes
aui issued through tariffs from New YORK TO " Iaul
via Chicago at the rates made ny the Chicago ana
Grand Trunk and the Burlington and Northern.
MISCELLANEOUS RAILWAY INTELLIGENCE