New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-02

judicial determnation. betwecn the Dubuque and
Sioux City and the Cedar Fails and Minnesota q"
define the responsibility Of the former under the
lease of tho last named to the first named railway
on September ~, 1866.
DIRECTING TO THE IOWA SCHEDULE.
THE COMMISSIONERS SET TO THINKING BY THE
FIGURES OF RAILROAD MEN:
Des MoInes lows March 1.-The Iowa Railroad
Commissioners are In q Quandary. The alleged In
justice of their recently adopted schedule Is being
continually held up before them They have been
visited almost daily by the officials Of some Of the
Iowa lines until nearly, II not all, have had hear
ing and the board has been made acquainted the
grievances Of EACH Some OF the roads have not merely
talked the subject but have presented their Claims
by estimates Of their business, and upon the face
of these figures the commissioners rates are proved
to DO unreasonably low. The Chicago, Rock Island
and Pacific Company laid before the commissioners
= statement Of their earnings for 1883, under the
old rates with this statement compared another
making deductions for the difference In the rates
now In force which showed that tho earnings would
have been moro than twenty-seven per cent less
for the year 1885, had the present schedule been In
force. The same comparison was made by the
Chicago and Northwestern, and 1t was shown that
the difference IN their earnings would have been
a7s per cent while the chicago, burlington and
Quincy figured difference OF over 80 per cent. The
pes Moines and Northwestern Roads representative
stated that in order TO carry then business this
year, the company would be compelled TO lay con-
siderable track and make other costly improvements,
but this could not be done with the new schedule In
force and II 1t Is maintained the only course lett
for the company is to quit business aud abandon the
road.
All the roads urge the necessity OF Immediate
action toward an ADVANCE OF rates. Ihey ciaim
that such steps taken soon interstate rates
will be reduced. which WILL so far as Iowa Shippers
are concerned, place the rates on the same ioonne
Us before the adoption Of the present schedule But
the reduction of interstate rates is not what the
railroads fear most There can hardly BE- s aose'
iaa, move 10 that end is already begun in several
other states Mr.. Dey, president OF the Sommissoh
that the Iowa rates have the eeet eS on 'ne
bankruptcy for the companies he h' nhsnc
at an rap e Raa BEEN tested and proved 70
be unreasonable
THE LEHICH VALLEYS PROPOSED NEW FEEDER
! philadelphia March (speciaD.-It was learned To-
day authortativey that the reason for the Lehisn
Valley Railroad Directory Issuing S4,000OoO OF Penn
sylvania and New-York Canal and Railroad Company
bonds was the building Of the proposed railroad nom
tho terminus OF the Geneva, Ithaca and sayre Rail-
road 10 Buffalo and tho Suspension Bridge me
TehIgh Valley has for several years been contempa
ing tho construction Of line to Buffalo II now
reaches the Lakes over the Erie, by contract which
expres In three years Several frutess attempts 10
effect renewal of this contract have been made by
the Erie but the Lehiyh Valley desires TO control
an Independent line or the 100000 bonds that
have been issued the proceeds OF portion VIII be
sed 10 nay for improvements already made, and the
rest will be spent on tho projected lne The mort
gage is for s1000000o, OF which sS,ooo,ooo IA 10
served to take up loans not yet matned, and S4ooo
900 has Just boon Is ed, leaving 3,oo0o0o that may
sin be issued. II would bring In about s3,3oo'
600 which added 70 the 81, 100000 called for by
he articles OF Incorporation OF the new road, VIII
make s4700,0o0 for the construction OF me ros,
valley already has theni
10 REPRESENT NEW ENGLAND STOCKHOLDERS
Hartford Conn, March LA largo amount of Chi
ca9o Burlington and Quincy stock and stock OF
other Western roads, is owned In and about Hart
ford and at tho request of many stockholders Fran
ca y Cooley and Daniel r. Howe. two well known
business men Of this city. have consented to repre-
cont Eastern shareholders at the several Western
meetings They win announce tomorrow that, II
requested they win forward TO stockholders OF me
81 ps, Rock Island and Northwestern roads proxies
sor signatures made out TO Mr.. Cooley or Mr. Howe
MISCELLANEOUS RAILWAY INTELLIGENCE
ph,,adolphla March (specal.Tbs passenger depart
ment OF the Reading Railroad began today arranging
tables for joint business with tho baltimore and
49, ana tho New.Jersey Central Through trains will
-, ruunipe on Sunday, March TO- Schedules for both
senger and freight trains berg prepared the
,,oht ,yanlc Will DO through without Stopping. IL
., scuated that the Reading aud New-Jersey Central
roads win increase net earnings By about 100000
year. ~,
Tn Third Street today it reported that the Penn
svyauia Railroad Company had made cut OF cents
ON east bound grain rates, In order 10 keep pace VIII,
o,hcr roads company. however, said
Tho report without foundation and thai rates were
being maintained. prominent Official CONNECTED Win
another trunk road sated that be had received pfisae
sdvoes from the Grand Trunk Of Canada saying tss no
cut In grain rates had been made
Bclyidere N j., March LA contract has been madn
BY which the New-Jerssy Central Railroad compa"y
secures the right to iun It's uains over the beviaese
Delaware road between PhTpsburg and Beiudee thus
enabling 1t 70 reach tho Lehigh and Hudson hsufosa
without breaking bulk.
San Francisco March 1.-The TranscontnsntSi Asso'
citation having refused ID tho ratio on canned goods
local shippers have chartered vessel ana WIZ scnd
an amount equal to 800 carloads Of canned goods around
Cape Horn 70 New-yorE The ship rates are 90 cents
per hundred which added 70 rail rates to chiesgo ~
esnts viii pIsee the goods IN the market n the atsf
eity az ~ cents hunired exclusive Of wharfage IN
Ne, usxnu Conn., ldarch 1.-Presdcnt CLARK when
.sss tdav about the rumored deal between the New
psyr, Ana New england roads, declared onpAsucaiy
tss thars was nothing IN IL Tia subject had mas pssn