New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-20
RAILROAD INTERESTS.
FIXING RATES ON ORE AND BULLION!
DECISION BY CHAIRMAN WALKER RESTORING

FIXING RATES ON ORE AND BULLION!
A DECISION BY CHAIRMAN WALKER RESTORING
FORMER CHARGES.
Chicago July 10 (speciaD.-one of the most Inn
portant decisions yet rendered by Chairman walker
of the Interstate Railway Association, was
made public to-day The Union Pacific, owing to its
spur tracks TO the smelling works and 10 the fact
that II was the first road the ground, practically
controls the bullion traffic, next to grain the most
important item of freight from the West. Realizing
fits value the Rock Island and burlington fastened
the construction of their Denver lines, out nave
never been able to capture more than bcegary
percentage of the bullion business. The ROCK
island as last resort, threatened TO reduce the rate
from 80 to s6 a ton from Denver to the Missouri.
A compromise was finally effected at 81, the ruling
rate for some time Another serious complication
arose short time ago in the announced reduction OF
bullion rates on the Atchison and Missouri Paclho
from Laredo TO FL Paso, where are practically the
only competitors Of tie Colorado and Utah smel'cfs
The decision BY means en'ls the din1cuIty' as "
is not only unsatisfactory to the Rock Island, but
specifically disclaims any attempt at settling the FL
Paso and Laredo rates. In brief the decision is as
follows:
BY agreement Of all the lines interested In east
bound shipments of bullion and ore from Denver
and Pueblo, the question of what rates should be
es ablished and charged thereon was submitted 10
an award upon the facts then appearing alhough
the situation IS a complicated aid the parties
are not altogether In accord In their statements. The
bullion rate is not difficult to fix rate OF % has
heretofore been general and though reductions nave
been recently made that rate Is not an unreason-
able one. in view Of the value OF the product the
distance involved the recent advance In the market
price of lead the rates considered fair at other points
and the Just claims Of the carriers who are most
interested in the traffic. The ore rate Is more
uncertain element. There is nothing upon when
the arbitrator can base conclusion except the eX-
nerience of traffic managers Fortunately, however,
In this there is disagreement All the lines concur
in the belief that with bullion rate Of IS the most
opinion that the late fluctuations have been demoran
ssr5 tS another nstraon '''S Of the fact
that unsteadncss OF freight rates Is injurious to the
public The true course at at the tS their former S
basis Of 90 and 50 respectively The obstacle 10
THIS esoraUn # one exists D arises shc Tm Matters Se asn are
usually arranged by through rate less than the added
locals in which CASE the %Sh
hitherto prevented such an adjustment may hereafter
be overcome
NEW RATES FROM KANSAS CITY TO CHICAGO.
Kansas city, Mo-, July 10 (speciaD-The new rate
schedules Of the western Freight Association and the
Chicago and Alton Railway, reducing the rate on cattle
from this point to Chicago to % cents a hundred
pounds went into effect at IL o'clock last night Al
lust :01 o'clock the employees az the stochydus oo
gan loading the first cattle that were 20 be shipped I'M
der the new rates. There were seventy carloads In
all divided among the Chicago Milwaukee and St
paul santa Fe. Hannibal and st. joe chicago ana
Alton and wabash roads the Rock Island having car
rIed her shipment yesterday under through raes Inc
trains started last night all racing hard 10 make te
saturday morning market In Chicago In order 10 &C,
complsh this an unusually high rate OF speed VII
have 10 be maintained on the WABASH ana 81 raul
roads thy have longer routes than ~ other roads
FAsTBoUND GRAIN RATES TO BE ADVANCED.
Chairman H. j. Hayden and ViceChairman IT, w.
Rlapcbari of the Joint Executive Committee OF the
trunk lines and the Central Traffic Association yes'er-
day sent out the following notice OF restoration Ill
eastbound grain rates, TO take effect August l:
In accordance with the vote OF the joint committee,
and taking effect at all points within lis territory on
August st. proximo, 1t has been agreed that except
npon the single article of corn, the rates upon az
gra,ns and the products OF all grains which are cass
Ned As sixth class shall be restored 10 the basis OF
twenty-five cents per hundred pounds, Chicago 10
New York rs shown in the eastbound tariffs enecuve
December Il. 1883. - =, ..i,,,os
The rates on unground corn only may he contihueI
a,er August | on the basis Of 90 cents per 100
nnnnds Chicago TO New-York until otherwise agreed
Tho foregoing rates will be this day hled by me
undersigned with the Interstate Commerce COMMISSION
AZ Washington on behalf of the initial roads ana ther
eastward connections, but you are requested 10 IN
dividualy file your printed tariffs