The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-06-03
NEWS OF THE RAILROADS.
THE LATEST INFORMATION FROM
All QUARTERS.

RI .i,tipn haven't agreed yet upon date for n
Joint m ct ng to consider the advancement of
ast-bound freight rates. Commissioner
Blanchard OF the Central Traffic Association
said he had no idea that meeting would be
held this week, and next Monday Is the day
that it was hoped all rates might be restored.
II no meeting Is held before Monday 1t is pos
sible that nothing will be accomplished this
month for ten days notice has to be given.
There is still n difference Of opinion az to
whether westbound rates will be affected by
the failure to settle the eastbound situation 1t
was the understanding at tho meeting OF the
Trunk Limo Executive Committee and lake
men week before last that eastbound rail rates
werc to be restored at the same time rs west
bound lake and rail. although there is no fun
dalaental relation between them. However, n
representative of the Lake Superior Transit
Company told Sun reporter that his manager
instructed him that westbound lake and rail
rates would be held firm after June Q.
Chicago dispatches yesterday announced
that tho Lake Shore had taken the lead in
making another reduction,on grain rates, and
tho others are expected to follow. Railroad
men Of experience don't see how the contracts
made by several OF tho roads on dressed beef
and refrigerator cars can be easily got rid Of.
doubts are expressed as to Just how far tho
Western railroads are living IN to their agree
western lines have issued notices yet OF the
restoration. and until they do the agents feel
jusliicd in getting all the business they can Mt
the cut rates.
There was report yesterday that the Louis
vile aad Nashville Railroad intends to issue
blanket mortgage in order to take uD under
lying bonds as last az they mature. and 10
provide bonds for the company to sell now SO
as to reimburse itself for OUTLAWS made IN I'M
PROPONENTS and extensions. The L. and y.
bonds proper are said TO be 81 ,O0Q0 900. and
600.O00 President Norton admitted yesterday
that something was being done in this direc-
ton. but he said 1t was premature to say any
Negotiations are under way for a closer
alliance between the nnadian Pacific and the
absorption of the latter by tho former, among
to guarantee tho Urst mortgage bonds of tine
500. II the interest is reduced to pr cent.
Ute rolal ion is already so close that all tho de-
maids Of tratlc are subscribed and the new
scheme is purely financial
1t is reported that the running time of sew
eral trains over the Northern Pacific and Wis
consIn Central Railroads viii be reduced about
eighteen hours between Chicago and Tacoma
The schedule Will 20 into effect next week.
Representative Lind OF Minnesota Yesterday
introduced in the House lbJ reuuest bill
making all express companies engaged IL in
ter-State commerce amenabe 10 the Inter
such companies shall report yearly to tho Com
mission in detail the amount of capital stock
manner OF payment for the same. d ividends and
interest raid; the surplus.fund; the number.
names. and addresses Of stockholders. the fund
ed and + oatinS debt and interest paid thereon,
and other data concerning the operations OF
the companies.
A baltimore despatch says: President Ed
We TGon ormo r the Marietta and C
cinnatti railroad, offered yesterday 10 buy the
fss 323 - hares OF fT9 I sosk OF the
read at a meeting Of the Finance Commission
ers this altcrn on and promptly refused. the
FAT. and td y w. SpeReS It wa; Mr s5eHSs
leach the Stock Exchange than tho stock fell
81 shHre m o hndre W shar tbs aad been
the Finance Lommiss oners will probably de-
lay the deal. 1t will not prevent its being made.
favor the sale. They hod that the city cannot
afford to refuse such AN offer. Mr. John A.
Wost virginia Mn aiiroaG rival f' eorroraton.
ventures the prediction that il the city does
Fnsnee is only an advisory
body the deal will not end with their declina-
ton. The matter will now 80 to the City Coua;
instructing the city to sell; Nj; Bacon repre-
buy the States preferred stock
Secession from the order OF Railway Con-
IN NeW Engad met for the purpose se Of su
rendering their charters, on account Of the
ssSdopeG tie strike amsrdmPsnt to
taken b, The New Hayen division, The
we're those AT springfield and Providence.
While they were determined upon the same
end. they thought it best 10 wait until some Of
their members secured benefit money coming
4 member of the New Haven division talked
n TODpIY federation YESTERDAY, lie
said That every member In the Order OF Rail
way onductors took solemn oath when he
Joined the orGauiza'ion that he would never
STRIKE lie didn't see how man's conscience
could be recoucied TO such achanGe In the con
sillu,lou. The siAty-fve delegates from the
Eastern divisions who stood out against strikes
will peet, on June % in this city to organize a
OF Railway Conductors Leading men OF the
are re-, now prepasinf nsE c3n S
be adopted at that meeting.
II has Just become known that the Order OF
Railway Conductors. alter dropping the anti
strike" claus" IN MS constitution at the Con-
yenuon in Rochester. decided to adopt tcdera-
ton with the other railroad organizations 1t
won't be formally approved until the next
Convention since a years notice has to be
Eiyen for ne amendment to the c ;6idt
CLARK. tho nowv elected Chief Conductor, IS
GhaTm4G to G"p4FS the cess SmSnd
combining with other orders
no nTeW"n nhNo an hTEuhenL IN FAVOR OF
federation which they say the Eastern enGi-
nSers cannot answer. The Eastern engineerss
the otuer day, 8 and they don't want strikes.
Bnt what was it that hinderod the O. strike
from snncceGdngt 1t was the conductors and
their chi.i. Wheaton, who sided with the COM
pany and aided the officials all they could TO
put 1t down. II federation had existed at that
time no one doubts what the result would have
been. The engineers admit that the conduc-
tors defeated them, In the face OF this arRu-
ment most OF tho Eastern engineers want to
follow the example Of the Eastern conductors.
led by Chief Wheaton and prohibit federation
and strikes. lhc engineers say nothing to this
argument; i the Eastern mon hold out at the
Pittsburgh Convention. some think that there
will be O split in the brotherhood Just as In the
order OF Hallway Conductors"
Chicago despatch says: Tho place to
which John \. Abbott. late Chairman of the
been appointed by President Hill OF the Great
Northern Railway Is that OF assistant to the
President. The appointment Is effective from
June /, and MIR. Abbotts headquarters will be
in 81. Paul.
Another reduction in east bound freight