The Portland daily press., 1889-07-08
RAILWAY MATTERS.
CONCORD AND BOSTON & MANI

CONCORD AND BOSTON & MAINE.
Negotiations between the Concord and
Boston & Maine railroads with view to
agreeing upon railroad legislation at the
present session and thereby stopping the i'm
pending fight, have not concluded, nor have
finalities yet been reached. Ex-Gov. Smyth,
president of the Concord railroad. said that
there was nothing yet to be made public, and
probably will not be until today or Tuesday.
He will call meeting OF the board Of direct
ors Of the Concord railroad this afternoon
and it is probable that conclusive action will
then be taken. Gov. .Smyth said that he
had full confidence that a compromise win
be effected; that the excellent concllliatory
spirit on both sides favored such result,
and that so far no difficulties in the way of
differences between the parties had devel-
oped that were not readily oveIcome
MAINE CENTRAL.
Commencing Monday, July Sth excursion
tickets will be on sale at the Union Station,
Portland via the Sebago Lake route return
ing by narrow gauge rail at 81 the round trip
good for the day only.
Steamers Of the Sebago Lake steamboat
Co., Sebago on arrival of the 1.1O p. m. train
from Portland make a tour Of the lake
trains OF the Bridgton d Saco River railroad
and Maine Central railroad reaching Port
land on the return at 500 p. m.
Already present facilities have become in
adequate to meet the increase of travel and
this week an extra sleeper between Toronto
and Portland will be added.
To the surprise as we'll as to the gratifica-
tion of the railroad officials, No. AZ. the fast
Bar Harbor train has been crowded, carry
ing from one hundred to two hundred pas
trim xyhila the nuuahar m the
local has steadily and largely increased.
SHORE LINE.
With regard to the Maine Shore Line rail-
road, over whose route Col. j. N. Greene OF
Bangor, President Arthur Sewall and Gen.
eral Manager Payson Tucker of the Maine
Central, Messrs. Henry and NJ. E. Cobb Of
Brewster, Cobb Il Esterbrook of this city,
President l.. G. Wade of the Mexican Central
recently made tour of inspection, it can be
| said that matters are still under advisement.
| The outcome hinges upon the action OF the
| Boston & Maine and Maine Central rail-
| roads. A conference committee has been
| appointed, but nothing definite has yet been
| heard from.
RATE WAR IN PROSPECT.
The Pennsylvania Railroad Company has
| given notice on July 10th it viii put in effect
q 20 cent wheat and corn tariff not only tC
Philadelphia and Baltimore but to New
York, and apply proportionate rates to Pitts
burg and Allegheny. The Grand Trunk has
announced that If the Pennsylvania puts the
| new tariff in effect it will make the same Il
| all seaboard points, including Boston an(
| New England, and reduce the rates on oats
flour, mill stuffs and other grain products.
NOTES.
A director of the Eastern railroad saie
Friday that the earning of the Boston
| Maine systemat the present time are yer,
large, and that there Is no doubt but tina
the Eastern stock will get its full 6 per cent
this year. Other parties only look for a
per cent. dividend.
1t is currently reported in railroad circle
in New Hampshire that the next Boston 4
Maine dividend will be on a basis Of 10 PEI
| cent