The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-05-10
NEWS OF THE RAILROADS.
LATEST INFORMATION FROM ALE
QUARTERS

About n. o. Stoek-CuttinE Lake and
Rail Rates in ChioaEo-t9ossiD.
In their weekly circular to be Issued to-day.
| John A. Hambleton A Co.. Baltimore bankers,
will make the following significant comment;
1T is an open secret that an effort Is being
made to form a syndicate for the purpose OF
purchasing the stock OF the B. and o. Company
held by the State, Baltimore City. and the
Johns Hopkins University. The State holds
s55O.0OO b. and o. Washington branch.
and $96s,615 b. and o. frat prefer
red stock. Baltimore city holds $780,
| 600 b. and o. common stock and the
Johns Hopkins University $l5O0,oOO b. and
o.. common. We. have advocated and
stl advocate the sale Of ne cS state and ctys
interests II the b. ana ~ r SSm naya I9P t%9
that the State and city should hold b and ..
stock as an investment and we think the
Of the State and city's obligations .liquidated.
| Secondly. because the operations OF the B. and
portion Of the capital stock OF the company be-
Ing held az II II were de49d .,,,,.u ..,,,,
| should. we think, invest in a more stable So
curty than i. and o. stock. The B. and o.
Company needs money for for. inTpr n
for raising funds is BY the issue Of more capt
tai stock. The city and uniyersity could not
Shs6 and ohef i Would Be- better to
have those shares held in other hands. 50 far
the OF the IS city com
cerned. Il does not amount to anything.
SSs it f. only MINORITY Sy and has
Of oYe the dn directory fRe j. and O. Company Is
bound to change hands some day and become
end de o the efk line and we think he sate ety
and university had better get out in time, The
States Washington Branch stock pays 10 per
cent. II should sell on 4 yer cent basis at
$50. The first preferred Is a q per cent
stoSk Tree from taxes anu sh fNi hrinR 1885,
A curious case in the history Of railroad It'll
e fdaP TRe that Josep6
7sS rf d.s1 hnd;GP FEsF @
personal Injuries received by the plaintiff who
ductor,. and which injuries It was claimed re-
suited from negligence on the part OF the de.
his caboose attached to his freight train. and
was running through the feT foEk Central
nf tWo STc aeS az
cars, coming down o branch track struck the
caboose, knocking It over and telling the plain
OF the freight cars. From injuries received to
one OF his legs, the leg had to be amrutated
the railroad company. and the case was tried
before Justice Kennedy In april 1889, the Jury
rendering verdict Of sl9U4o tor . the plaintiff
under similar ctrcumstances. Justice Ken
nedy set 1t aside upon DEFENDANTS motion, as
excessive.
The Interstate Commerce Commission on
Friday decided the complaint OF J. b. Pankey
against the Richmond and Danville Railroad
Company and others involving alleged over
piainant but deciding that the International
and Great Northern Railroad should refund to
uFe Of the It's agent at
waybIll the freight by the route directed by
Aso the ease Of Charles Eyey
denying claim Of complainant for alleged un-
Just charge In shipment OF freight. and order
longer operating its special emigrant, freight
tariff. on the ground that II i IN IN Violation Of
case by Bragg, Commissioner.
At meeting o., the stockholders OF the Ports
terday It was voted TO sell the road to the Bos.
ton and Maine upon terms already agreed
M to
complete the transaction.
secured q lease Of the Coos Railroad for term
t o. year, IT, beginning May l. The Coos road eX,
miles north into Canada. where il connects
with the Canadian Pacific and quebec Central
It was built last year BY President Frank Jones
Lqnenberg the terminus Of the White Noun
tain division OF the Maine Central, and North
gap OF thirty-three miles. which the company
will immed ately proceed to I'll in. thus with
CENTRAL system. making a total OF 500 miles.
The leased line runs through fine timber
country. as will the link to be constructed this
summer
:, The lake and rail rates from Chicago to New
Flour rates are quoted at IA cents, against 70
CENTS, the regular tariff ana 20 cents all rail.
taken at 90 Cents The Regular rate by lake AMI
rail being 25 cents and oil rail 80 cents. On
provisions and packing house products, the
charges from The Tnion Stock Yards. Chicago f
to the New York docks. Rates on oil cake.
from 20 TO Is cents, the all rail- rate being rs
cents; These rates were made openly. and are
rates low Quoted by lake and HiG rail make 1t It
practically Impossible for the all-rail lines to |
secure any through BUSINESS and at the meet
Ing OF the Central Traffic Association next |
week the subject Of reduction In all-rail rates
will be considered.
Chicago despatch says the general passen-
ger agents Of the Western roads will probably |
practically finished their revision OF the rules
and will adopt them as whole in the morn
consent, rates will be restored without delay |
In any event. the agreement, will be put into |
sible.
A Kansas City despatch says the Burlington |
from Kansas City to st. Louis. A few minutes |
later the Wabash named the same figure. and |
then the Alton and Missouri followed suit. The |
low rate Is cut Of 80 cents.
billy Murphy Shows the White Feather. |
BRocKToN, May 9.-Australian Billy MUIR
ply may be fighter OF the first water. but |
BrocEton and Boston sports don't believe It. |
lie showed the white feather tonight In the |
most approved manner. and when the time |
came for his four-round go with Johnny Grit
fin. whom he defeated in San Francisco,
he was conspicuous by his absence. lie
was about town all the afternoon. aud
early In the evening he visited the
rooms OF the Brockton Athletic Club. where he
and Griffin were booked to spar al later
hour lie peeled oil his coat and vest and
punched the bag while. loudly proclaiming
ms eagerness 10 get at Griin once more.