The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-05-24
RAIL AND oRossTIR.

The Americas Republican says that it is
| understood that the through line from
G lumbus o Americas will not be put on
until the trestles east of Buena Vista have
cen rep irei and the side tracks heightened
to make passing room.
1t is as yet undecided. according to the
Wall Street NelUs, when the directors of
theLouisy lille and Nashville will meet to take
action on the summer dividend. Pres dent
Norton is in Europe and two other directors
are making arrangements to cross the At
lantlc, consequently quorum Is for the
time being ulobtainsble. The regular
session will, therefore, probable go over
until the last week Of August, or the early
part Of September. 1t is expected the
dividend will be or per cent. for the half
year.
IL is stated in railroad circles that on
June l the queen and G. escent railroad
system will take hold of its recently pur-
| chased roads-the Admission and Ci lcinnaE
and the Admission and Atlantic railroads.
With the control Of these two new roads,
| the Alabama Gre t Southern officials will
probably have their field of responsibility
and action enlarged. Supt. Griggs will
| have complete charge. I. F. Steel will
oversee the traffic department and N, A.
| Bothas will look after the passenger in
| terests.
The Hawkinsville NelCs SAYS that work is
progressing on both the Dublin and Hawk
lnsVille DIS Of the HGwkinsvllle, Empire
and Dublin railroad. Nearly or quite 200
lands are at work on the grading, and a
iarge shipment of 56.pouad steel lis is
| daily expec,e |, and as soon as it a rives the
work of laying it )wn wi be lmmenced.
tn Give miles of the line, from Empire to-
ward Dublin, are already in operation, and
.hree large frst-class engines are now pulling
trains over taat portion of the road. The
| ma ayers of this new road hope to get the
| grazing completed beta cen Dublin and
| hawklnsville not later tan July /, and
have trains running over the entire line i
Time for iness next fall, a d the NstOS
| believes they will accomplish their work by
r before that time. At Dublin the new
| road will connect With the WrightSville
aud Tennille ad, t us giving Hawkins
vile an outlet to Savannah over the Cen
| trail
The New York Commercial Bulletin saws
| that great deal Of import nee nas beeL
attached by some i'll a few weeks past t ,
the stories which have been in circulation
| III regard to a coming contest r che co =
| troll of the Ricnmand Terminal Company,
| whicn, it has been limited, may assume as
| formidable proportions as has the corner in
| Oregon and Irahscontinental. Tue m ,rket
| for tue STOCK has not refiec ed general ap-
| prehensiOn among insiders Of any such dis
| urbance; aud the leading direc ors, co l.
| versatlon, 10 not attach Importance to the
| current limitations, which are evidently
stock jnbbIng stories, they say 1t IS known
| that there are certain elements in the Ter
mnal board Of directors the Bulletin says,
which e e not in entire harmony with the
| controlling element made up of Msssrs.
| Inman, Brice, Thomas, Calhoun aud
others; but there is no evidence that they
| coltemp late any open oppo tito to Q re-
election Of any of the prese t members of
The direc Org. In refere ce to the plan to
reorg Al ia the Term nal system's stock and
bond indebtedness he N mbers of the boar
| nave very little formation to make public
Is yet, but Insist that they are quietly per-
| fectins arrangements to carry out thei
nrginal plan. Their effoctS, it is believe ,
must, for tins, be dirscted to the getting
# the outstanding securities, which they
| wish 20 bring IN, ihto more nearly the posi-
| ton in which they desire them before fnal
| action Mean ime terms are bein privately
talked over, especially with reference to
he Rchm nj Terminal preferre1, East
Tennessee Il st preferred and East Tennes-
| see common.