New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-12-01

whether railroad companies COMBINE Ut SSPdl
" in making rates and charges is not so important
tho essential requirement IS that they shall be so
fairly adjusted as to be reasonable in thor rela ions
TO each other and in their results. To be reasonable
the Commission says, the rate from Mnridian 10
New Orleans should not exceed 81 80 per bale, COM
pressed cotton.
DECREASING TIE CAPITAL OF THE ATC1IsoN
Chicago Nov. 30.-In the Office Of the Secretary OF
State today in Springfield certificates were recorded
decreasing capital OF the Atchison Topeka and santa
Fe Railroad Company in Chicago from slO'OOooOo 70
600 decreasing the capital OF the Chicago santa
Fe and California road from $50 900 to
inquiry here regard this elected the fact that the
Atchlson Topeka and Santa Fe road In Chicago Is the
terminal corporation OF the road whose name IL pears
that the Chicago Fc and California road Is the line
between Kansas City and Chicago over which the Atchi'
SON. Topeka and Fe road proper gains entrance IN
Chicago that IL having been decided that the two cor
poratons mentioned capitalized for larger sum
than was necessary, it decided as much as nine
months ago reduce the capital stock onehaf IN cach
case that this and that the filing OF the GER
acate OF reduction was formal compliance with the
requirements o the law of this State.
MISCELLANEOUS RAILWAY INTELLIGENCE.
Philadelphia Nov. 80 (speciaI)-In reference to the
repored formation Of great railroad trust in the South
west President Roberts, Of the Pennsylvania lalroau
saws: 4" Some arrangements will have to be made among
the lines to bring about satisfactory CONDITION OF ahas
Init do not believe that any alliance be effective
until there shall be legislation enabling railroad 10
secure itself against shortcomings Of other roads with
which IL NAV have a nominal agreement. That Is the
great difficulty"
The statement OF the Norfolk and Western Railroad
Company for October, 1883, shows gross earnings Oh
si67 776 expenses 1906 726; net earnings S2Ol OoO
an increase OF 1874 compared with October 1857 FOR
tho ton months ended October 81 1885, the net earnings
vcre Al 500 eO3 an OF $1S9O41 as compared
with the corresponding period last year
Columbia s. c., Nov. 80 (SpecaD.-The sta~ supreme
Court today rendered a decision which affects about
81 oOO 900 township bonds Issued in this state III anu
OF the building railroads For the last i've or SIN years
numerous railroad projects have been started OF COIL
Melted In this State. 1t is usual In granting charers
TO these roads include section In the act giving 10
townships through which the proposed roa1 Is 10 run
corporate powers to bonds 10 aid In thu construc
ton OF the roads the taxpayers voting speched tax
TO meet the interest and principal OF the bonds Issued
The suit which was decided to-day begun in Abbey
Vile County Taxpayers townships in that county paid
their railroad under protest. and brought suit against
the County Treasurer the constitutonalty OF the
tax The Circuit Court decided that the act was I'M
constitutional and the case carried the Supreme
Court which to-day sustained the decision OF the Circuit
Court.
Chicago Nov 3o-Thc Burlington and the Rock Island
roads to-day the reduced rates OF the Ch
Milwaukee and st. Paul. selling tickets openly at
the following figures To Council Bluffs, $40; Omaha,
$40 Kansas City 80 so st. Paul and Minneapolis.
arst class IS so second class 81 This is going step
further than the ST. road which has made no reiuc
ton in It's rstclass the twin cities. The Chi
cago Alton adopted the rate to Kansas City