New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-25
MISCELLANEOUS RAILWAY INTELLIGENCE


The Wabash Reorganization Committee give notice
In the ad ertsnf columns to the bondholders that
engraved certificates OF the Central Trust Company,
negotiable at the New York Stock Exchange for tho
first and second Cages ready to be delivered
for bonds which may be deposited and in exchans,
for the temp,I'lrs rocepts A1ou s2o.ooo,oV out Of
S2o,OOO,UOO have already aSsentod The plan anu the
Ioninnttco CVnsiuci 'succcs' beyond question.
The names Of the committee Of the security holters
who purpose to fight tho reorganization OF the Chesa
peake and Ohio Railway Company will not be an
nounced until noXt week.
beginning with to day the Central Railroad Of New
Jersey will run a parlor car Saturdays between
New York, Long Branch and Point Pleasant trains
leaving New York, from Libery-st., at IL a. IN. and
returning arrive at New York at 6Io p. IN
A large number of the debenture bondhoders OF the
Mobile and Ohio road were gathered In Adrian selins
office. No. 80 Wallst, yesterday to hear the report
OF the committee appointed time ago to dev so
a plan by which the improvements now being made
the road could be continued and at the same time
interest payments be made Oh the debentules. lho
committee reported In favor of plan lor the unlica
ton Of the dcbenures by exchanging them into fom
per cent DOnd, thus cutting down The Interest chhBcs
three per cent per annuni, and calls for voluntary
subscriptions from the second third and fourth deben
tules, by which the company will secure 5000 90 ID
cash The plan was a.Optcd unanimously and all the
cUhnlcing Interests sasencd to IL before IL was pro
senied by the committee for general approval.
Philadelphia Feb. 24.-The official statement OF
the business of all lines of the Pennsylvania Railroad
Company east o. PtSburg and Erie for January, 1885,
as compared with the same month I'm 1857, shows an
Increase IN gross earnings Of S342 2O5 increase In
expenses Of s550,630; decrease in net earnings of
-Ooijl. All lines west of I1ttsburg and Erie show
surplus all liabilities OF $50 5lO being loss
compared with tho same month 1887 of S9i,441
Washington, Feb. 24-Ihe Interstate Commerce
Commission today rendered an opinion In favor OF
the complainants in the OF Riddle Dean & Co,
against tho New-York Pennsylvania and Ohio Rail
road Company, aud the pttisburg and Lake Erie Rail
road Company The complanants ia this cas-" charged
the railroad companies with ref sing 10 furnish coal
cGs upon requistion, Withdrawal Of olnt tariff and
dvancing rates without legal notice.
The case Of Biddle, Dean & Co. against the Daltf-
more and Ohio Railroad Company, I'm which the de
endant Is charged with refusal to furnish com painants
with coal while furnishing them TO others, was
decided In favor OF the defendant.
Chicago, Feb 2i-ylce- President Smith, OF the
AchisOn Topeka aud Santa Fc' Railway, telegraphs a
denial OF the report sent from Albuquerque yes
tcrday, TO the effect that the ST. Louis and Fran
cisco about 10 assume the Joint management with
the Atchison Company Of the Atlantic and Pacific
Railway He says that the management Will cont lnlo
under the control Of the Atchlson