Evening capital. (Annapolis, Md.) 1884-1910, 1889-05-16
Adjusting or Rates.

TITUsvILLE, Pa, May 10.-The inter.
state commerce commission began the
hearing in the oil rate discrimination
matter, Chairman Cooley and Mesars,
Bragg and Morrison being present.
The independent oil refineries OF Oil
City and Titusville and various railroads
We're represented bv counsel COmplain-
ants counsel opened the case by requests
ing the production before the commits.
sion at future hearing in Washington
of contract alleged to have been made
in 1879 between the Pennsylvania rail-
way and the National Transit company.
by which the railway was to be guarnn.
teed 20 per cent of all traffic from these
regions, and the rates were TO be the
same for pipe line and railroads.
The Motion Refused.
Counsel for the road opposed the mo-
ton and the commission refused to make
the order at present, the chairman say
ing this hearing was for local testimony.
Further testimony would be taken &c
Washington. and argument would be
then heard at 70 the relevancy Of the al-
lodged contract. Perhaps the coFnHnia-
sion would then want to inspect it.
Hon. +. Il. Gowen then made an OPEN
ing statement Of the petitioners case.
He said barrel rates had been increased
because of the commissions rulingin the
Rice and Scofield cases, that rates should
be based upon 100 pound weight, includ-
ing packages, irrespective of the nature
of the packages. This decision was In
applicable to the present condition of the
export trade.
The first witness, s. Y. Lang, testified
that the rates of which Ii complained
were claimed by the road to be based on
u =
cisions and rates complainants are I'M
able to carry ON a business at profit in
competition with seabord refiners TO ~
port.
Refners Cannot Make q Living.
Witness stated that the present cost 0s
refining oil exclusive of interest, inslsts
ance depreciation, ETC., was 81 to 31 xents
per barrel and at present freight rates
refiners cannot, under the most favor
able circumstances, make a fair living
Rates to Boston are also exces8iwe Irre.
spective of the question bulk differences
The Hon. John Schwartz, owner Of
the Crescent Oil refinery was next called
and gave testimony as TO the production
Of the oil fields and the effects OF the re-:
cent decrease In stocks.
Baltimore and OIlio's Monthly Meeting.
BALTIMORE, May 16.-The regular
monthly meeting Of the Baltimore and
Ohio Railroad company board Of darec-
tors was held here j. Il, Odell was np-
pointed general manager Of the entire
system. w. w. Peabody was appointed
general superintendent Of the lines west
Of the Ohio river, with the same duties
he had heretofore as manager. He was
also made general agent at Chicago.
The full report If the COMMITTEES,
which was appointed in April, 1883, 70
examine into the condition Of the CON-
pany was Submitted to the directors.
The committee submit thirtv-nine ex-
hibits, many Of which appeared in the
last annual report Of the directors,
showing scaling Of the surplus from
$4S, ,0O0,UOO down to $24, ,76S, ,7J8. The
committee suggest a complete reoreani.
zation in the methods of accounting in
the various departments OF the COM
pany and recommend the employment
Of a comptroller
Economy Necessary.
The committee recommended the
adoption of every means for the enforce
ment of economy, whether by reduction
Of salaries or otherwise.
Senator German and Thomas M. Lana
han, state directors and members of the
committee, concur IN the report, but do
not regard IL as full nor as specific in ite
recommendations and they reserve the
right hereafter to make further recon-.
mendat;ons to the directors.
The decrease in net earnings for April,
1889, as compared with April, 1883, IA
$25, III.
Rasmond's f>ssiI Fixed At $40, ,O00.
NEW BRUyswIcK, n. J., May 10.-Ap-
plication tsas made for bail in the case
Of John G. Raymond, Of New York,
who has been extradited on numerous
charges Of arson. Bail was fixed at
$4,000. The case was continued until
Monday.