New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-07
EAST-BOUND GRAIN RATES.
THE PENNSYLVANIA FOLLOWS THE BALTI
MORE AND OHIO.
THREATS OF THE GRAND TRUNK-EFFoRTs OF
THE VANDERBILT LINRs TO PREVENT THE

THREATS OF THE GRAND TRUNK-EFFoRTs OF
THE VANDERBILT LINES TO PREVENT THE
NEUTRALITY-SUSPICIOUS. OF THE B. AND O.
Chicago, July GA morning paper says: "As It
was TO be expected the reduction In and wheat
rates from 2a cents to 90 cents basis. Chicago to
New-York applying only on Philadelphia and Balt
more business has stirred up great row in the Cen
tral Traffic Association roads and the trunk lines and
Il is certain that the reduced rates will be adopted
By all roads and to all seaboard points Not only Will
tho low tariff be applied wheat and corn, but 10
will also involve the rates on oats, Hour and mill
stuffs and probably provisions, which never could DO
maintained than cents above the grain rates'
Chairman Blanchard is making effort to keen the
new rates out OF New-York and New-England ana
prevent them from spreading to other commodities. In
which effort has the active support OF the Vander
bit lines; but judging from the results Of meeting
of the Central Traffic Association managers yesterday
to consider the matter, there Is NO Po''i'
BILE chane of preventing general coiaPso'
The Pennsylvania Company has given notice ina. Oh
July 10 IL viii put in effect twenty-cent whea' anu
corn tariff not only to Philadelphia and Baluhoro'
but also to New-York, and to apply proportona'e
rates 10 Pittsburg and Allegheny. The Grand 1runA
has announced that II the Pennsylvania puts the now
tariff In effect 1t will make the same 10 all seaooaia
points, including Boston and New-England ana VIII
also reduce the rates on oats, -four, mill STUNTS anu
Wabash, IL is understood, take the same POSITION
President Newell, of the Lake Shore, Is strongly
opposed to reduction rates, and says he does not
II all the other roads adopt the reduced ra'es' inc
Lake Shore viii not. He claims that the eastpouho
roads will not get any grain at the reduced raes
than they did ct those heretofore In effect Inc aAo
tines win lower their rates correspondngly ana con-
tipue TO get all the business. The only effect the re-
lucon can have will be TO compel corresponding GUS
In local rates from interior Eastern points, ana lnct
serious loss OF revenue Oh the roads Presioeht Now
clips position surprise as his road ana 'he
two other Vanderbilt lines, the Michigan Cenuai
and Nickel Plate the heaviest sufferers nom
The lake competition, land II would seem
TO be TO their interest to make rates that would turn
some of the business to their roads. lt Is evident
that Mr. Newell is fighting in the interest OF the New
York Central, which would suffer heavily from
reduction in rates. This road now gets the bulk Oh
the grain business going Buffalo by the lake lines,
and at the present tariff its proportion Buffalo
to New-York is about cents more than 1t would be
threats nor enreaes appear 10 haye amy
that the Baltimore and Ohio tarif Is IN to stay ana
they do not propose TO abandon the through uafic
The Chesapeake and ohis it is understood. has with
drawn from the agreement which allowed it dferential
rates to Newport News. 1t demanded permission not
only make the same rates as were made to New
deduct from the the amount charged to the lake
carriers for insurance. The trunk lines refused 10
grant the latter concession and therefore the Chesa
peake and Ohio decided TO make whatever rates were
TO give Il fair t saS OF ine
as the Chesapeake and Ohio. is understood to have
made rs ne s and hf The new do st. a
and Kansas City understood to have done likewise
Baltimore. July 6.-The Baltimore and Ohio has not
ingalls,. Of the Big FosrS for cut Of cents below
s ney OF e os 8n Of GR the
and Ohio said to-day We expected ingalls, to take the
we
ingalls, is interested in the Chesapeske and Ohio Road
send all the grain he can procure Newport News,
there to be shipped 10 Europe Had not the Baltimore
Would 4n'S soon d e rsSy and gs trade
transferred to New-York, Philadelphia and Newport
The Baltimore and Ohio docs not expect much grain
traffic from Chicago east but BY the reduced rate IL Is
arom Iowa and Nebraska by way of Bear1stown' and
nom Missouri and Kansas by way Of g. Louis The
grain elevators here are empty, and there is nothing
to asr s s99es sn Smith had given notice on
July l, to Commissioner Fink that on the following
day the road would file with the Interstate Commerce
on the 20 cent Sps om a So to a
telegram was received from Commissioner Fink, dep
more and Ohio. and expressing fear that it would
lead TO reduction on other commodities and tend TO
TIE present action Of the baltimore and Ohio could
hardly be considered 10 be based upon the Baltimore
Vice President Smith replied to this that he had in
tmated that the road would take individual ACTION
sociates feeling justified in protecting their own bus.
pess and that the result of this policy has been sneh
' at Is cent basis has been praeeay
stopped. Mr.. smith believes that unless 1t be done
wantonly for decentralization of rates. there Is no
necessity for other articles being affected by the Bal
more and ohios tariff.
On First vce-Presldent smith OF the Baltimore ana
Ohio. and on First Vice President Thomson Of The
baltimore and Ohio made its recent reduction:
Concerning the story published in St Louis that
A
grain. TO be shipped over the Baltimore and Ohio
we had so few contracts open either at the West or
Add East Bound Grain rates-Bato date line
President Muller: of the Baltimore Corn and Flour
Exchange, has written ViceP President Smith, of the
compliance with the Exchanges request. The terri
tory whore most Of the wheat !. raised along the ono
more and Central Ohio, is tributary to the road. and
allow the Lake roads to snatch away the means which
secure large portion OF the Baltimore and ohio's
revenue
The news available in this city regarding the action
OF other roads upon the grain reduction of the
baltimore and Ohio confictcd with the advces from the
West confirmation could be received OF the dec'ara
ton that the Pennsylvania Railroad had given notice
that It would meet the cut and vicePrcsdent Laying.
Of the "Big Four had advces that President
ingalls, had ordered reduction: His information was
he had protested against the Baltimore and Ohio
reduction and would not meet IT, There IS srop h
foolish to reduce rates in of the Baltimore
and Ohio's action as greater cut by that road
would not place its tariff upon parity with the lake
and rail rates over the moro northern routes. The
only roads affected the interior and the St Louis
fines, and the meeting next Wednesday may decide 10
take measures 10 protect their interests so far as
possible without disorganng the tariffs of the general
trunk line system.
EFFORTS TO ADJUST RATES ON WOOL.
Chicago, July G.The Central Tranic Association roads
have had considerable trouble lately regarding wool rates
10 Eastern points The $500" line has been dvertng
much Of business via Sault Ste Marie and other
operated divert the business from the Chicago
bound lines TO bring the business back into this
channel the rates materially reduced time