New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-05-12

.I..t,o an June II. Tho action OF the present u'eo
CO.. IN dividing themselves into three classes Is
declared to b Snts 6od se RSaton Of making
an active canvas yd iSr % oSusng the entire
eiec tIon that the present directors have no
ptenton OF paying dividends uPon inc prrlooa ''o'N
has seriousl= affected It's Vaiuo IN quo M~r"r
bo officials of the Pennsylvania Railroad state that
-, nnrnanv will during the year. cXPend % 200 Of
49, 100 nancy raised b. the stock allotment and sale
=, eats In improvements and betterments to the
western lines For largo portion Of this money tho
porrsvIvanfa Railroad COMPANY receives stock or
bonds from the companies benefited, and 10 that
- The nurposeS In view whom the allotment was
decided upon was the onstractop OF a railroad to
cal control Of the river front
Indianapolis, May IL SpcciaD.-IndIanapols law
vers are preparing a petition to BIO fled before
Judge Gresham asking the appointment OF receiver
for the Chicago and Atlantic Railway. The pen
TONERS will be the Central Trust Company Of New
York and " T. Malott, Of this city Trustees for INC
first mortgage bordhoders and many Of the Secoh
mortgage bondholdcrs also interested IN tho pro-
ceedngs While default in the interest Is the reason
assigned for the action the fact Is that an appear Ba
been granted certain hondholders IN recent m
OF the United states District Court which, II aAoWed w
take It's course, would delay the reorganization OF IN.
company possibly three or four yearS IEToT In at
road into the hands OF rcceiver VIII cnaDlo th9 nts
mortgage bondhoiders 10 move with promptnesS into
II is announced here as settled that Charles H.
the Cincinnati, Hamilton and indianapolis Toan WIZ
be F. o. Mccormick, who is now In charge OF nc 3
believed hero that Mr.. McCormcks successor VIII %
S NJ Guthrie OF Cincinnati.
Chicago. May II lSpeclaD.-Ths traffic contract Do
tween the Canadian Pacific and the Lake Michigan
and Lake Superior transportation Company IS rece''
ing considerable attention from the officials OF lines
running east from Chicago. 1t Is feared thai 'h'
Interstate Commerce law win not be effective wren
srplcd to this combustion. The Canadian Pscino
peoplc however, deny that they will have any al
yantag, IN this respect and they say u IS neE
intention 10 comply with al The ProVCihs Ut b,pSc
etc Tho Canadian Pacific Pcopb expect 10 g't a
large amount OF high class iSst ouS Ss1 og,4 ~
now arrangement They VIII make spoAa SH0'E y, -
secure the large export pork trade win aneda' rW
export trade 10 LNcrPo1i Hct b s m,.s sSorer man
any other. tn" new In VIII also make s'rOhe
fght for New England business.
Reading, Penn May II speciaD.-sovcral weeks
sgo the Lehlgh Valley Ralrat Company built bridge
acrosS tho tracks If the Little Schuylkl branch OF
the Reading Railroad near Now.Rhggod. This u
on tho Hne ri the branch Of tie iehlgh Naliey
Railroad which Is 20 tap Il aiding territory. Last
In their shan'y, the Reading c0np@Ds WLHtNu's
crow fastened pS to ne ne orh Ill., an" NEW TN then
etched down an embanbmcHt
Chicago, May LIZ. l.. Dudley, receiver Of the
Central Iowa Railway Company. hns submitted his
report Of receipts and disbursements for December
January and February TO tho tcIsfA! CSuT, Uh
February - be hal S3lT.&5s IL cash 10 DO c@Fed
over balance 10 March.
Concord, y H.. MAY il.--At a meeting Of n" d.
rc'ors of the Boston. Concord and Montreal Railway
Company to-day II. y. Turner OF S. johnsbury W.;
h,rfsrly general traffic manager 81 the BOsiOn AMI
Malrc road. elected TO III varancY In the board
MISCELLANEOUS RAILWAY TNTELLIG ENCE.
An act has boon passed by both branches OF thn
Legislature and has become law by Constitutional
limitation, granting the Hudson suspension bridge
and New En- gland Railway Company an extension OF
fnle-untu July I. l-g5,-n which 10 complete tho
pcekskIu bridge and connecting railroads The work
however, win be- completed within year and bali,
ana this viii bc welcome Information to NE hlf dozen
rprg that have made traffic contracts with tho Fridge
Company and anxious 70 utilize the brdsr hcihhcN
Milwaukee, May II The announcement Of the
election Of Z. H. hhbott yice-proSldent Of the Wis
consin Central Ralv Az. director NJ the AtchlSon
Topeka ard Santa Re Company has cansch consider
able gossip In railroad circles. It Is asserted By
people In position to know that the Santa FH
Railroad Company viii nee the Wisconsin central
| rompAny's terminal At Chicago. The Northern
Pacific and tho Wisconsin Crn'ral companies expect
to form ALLIANCES With southern aad eastern roads am!
Mr. Abbou'. election IS looked upon A. the hrst
step In that direction. II is expected that the
usl,Imor, and Ohio viii uso the Wisconsin central
Company's depot ~ chicago
Tho southern and Union Pacific Railroads VIII
put on two extra trains tomorrow, one wost-bound
and The other bound. both u Thorn being lmileI
In addition 10 thcsc, the roads running between 1h''
c,yu and the Missouri River have shortened up tho
time 81 hclr fastest trains 50 that Ahcr May Il maiH
| d,srEfrhcI from California, Nevada Utah. Oregon.
Va. r,ugnp Part Of Montana, Colorado, wyoming ana
palt Of Nebraska for Chicago, HoW-iork Guy New
England aud rcnnsy IvSniA will be delivered In thi-
cas-" nrcS.nt New. York viii he reached twenty
| hour, earlrr, and Boston tScniy-oHe hour aEd
'nlrVnyr InS YSs F S"s points Prnn5TGnS.
| And New.Jrrsry. Tho change viii compel ms Gu
Ig y, g-r,tiy incs~ase the labor of The carriers,
| bni The public Will De benefited by tho change
cincinnati. May II.-BsglnuJrE tonight tho ChcSa'
pca r and ohio RAILWAY put on Is new t1a train 'hlIu
! tho Far Flying virslnIan,' composed OF coaches
built by tho Pullman COMPANY In To" most approved
si,lr Tho train VIII leave Cincinnati at q 80 p M
| and 20 thruu.h solid TO New York, Via Washington
! baltimore aud Philadelphia using N" Virginia MIA.
land road from Charlottesville 10 Alexandria and the
IrrusyIvAusR nr irIn there Ia NrE.l ofk Tho tfA'h
b, equipped WIN dining room ana .l,Np'hH Ia - II
| Organized over this hoe In few days.
| rely,dcr y j. May ll.-Thcre every prob
! ability mat work on the Pennsylvania, PoushRc"pSe
| ,ud Boston Railroad VIII be- stopped for umr.
ltu AGAINST Il has brcn flied IN N" Cunrt Of ChsnG'Ty
by The Harrisburg and New England Road. The plain
nm. claim that they purha,cd tho right Of way aud
have survey ri III" proposed route from Harrisburg
-, .na ,baI m1ncrnns e"niTaa,, have 6ccn gvon
| Cleveland, May II tspcriaD. -Judg" stevenson
! nurkc t"da! Lrourh. suit against the Cleveland
| Columbus Cincinnati and IndanapolI, runl, In I'M
| Common Iless court 10 prcyrnt m" Proposed con
! .0lAaiion with the Cincinnati indianapolis, ~. LOUIS
and Chicago The case VIII bo calei on Mondsy
Baltimore, May ll.-Unlcr the Baltimore and Ohio
schedule taking effect sunday, May Il, through stop
! ping rr serycc between Ncw-Iork. Cincinnati. Ihl
curo and st. LOuI, Is established. THIS service was
! interrupted In 1874. tho pennsy lvaulS Railroad ~
! niSlnq 10 hau! Barlm. AMI OHM trains ina new
arrangement a effected by reOn VI tho BaItmors anu
| ohio tralhc REGIMENT with the Reading ana New
| jersey central Roads.
CLOSE OF THE Y NJ {. 1. CDNFHNI4ON'
Philadelphia, May IL C-pccial-1Iho last uus'n''e
session Of the International Convention OF the houhs
Mem, Christian Association was opened this M rn'nS
| ~. t,r Rcy LIE MIIhnr 2 MaIklns. Of the PIOtrlant