The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-05-06
NEWS or THH RAILROADS.


The Latest Information From All Quarters.
The Eastern Railway OF Minnesota yester-
day put into effect Its l6-cent reduction on the
lake and rail rate from New York to St Paul,
and corresponding cuts from Boston and Phla-
delphia The revised rates run, according to
classes 81, "A. "a, &c. q and IL cents per 100
pounds. Tho rate via Duluth used to be II
cents first class. Lakeland rail. Tho Chicago
lake and-rail is 10 cents higher. or 81 cents,
first class. What the Granger roads would
have to charge between Chicago and st. Paul.
II they met Mr.. Hills cut OF IL cents, is signil-
cant. The lake and rail percentage from New
York to Chicago is 81 cents-that is, 10 cents
less than the all.rail rate OF 20 cents first
class. SO the Granger roads would have to
come down to cents first class per 100 pounds
on haul OF over 400 miles. c.,--.
The Northern Steamship Company also put
and;rail rate, from New York 10 Duluth. 80 that
charge only cents per LOO pounds from Du-
lnth to ST. Paul. nd This Is CHEAP cap rates With a
OF SO cents first-class from Duluth to Sioux
City, whore connection is made with the trans
continental lines in e2mrsIt,tion With r the
gives Mr.. Hill through rate of 10 cents, first
GLASS lake-and-rail from New York to Sioux
These low canal and lake rates were also nut
Into effect yesterday from New DIRK TO 81.
Paul: 80. 80. "a, %. 81, and IL cents per 100
It is understood that tho presidents OF the
Western roads; atyesterday's meeting, devoted
some time to the consideration of their North
ern competitor, and what remedy is to 10
aSdopted. The Executive Committee OF tho
Ing. viii wrestle with the rate cutting subject.
1t is said that some OF the trunk lines arc in
9r Of reducing the rate b IG ns STk
ger roads in meeting tho Eastern Hallway OF
Minnesota's cut
A Baltimore despatch says By reason ofthe
CONSTRUCTION OF the new bridge across tho
road VIII be nble 10 reduce the time on all OF
their through trains between New York and
each way in 1--WE hours. This WIN he the fast
est passenger train ever established in Amer
lea The fast time Is made practicable by
reason of the construction of the new bridge
and the elimination OF stops.
The State Board OF Railroad Commissioners
have granted tho application Of the Geneva and
Van Ettenvllle Railroad Company for permits
sion to increase its capital stock from 5000;
will be needed to make an exchange for tho
stock OF the Geneva and Sayre RAILROAD. and
burn and Ithaca railroad, both OF which roads
the Geneva and Van Ettenvi,le intends to con-
solidae with its own and ore'a'e as one sys;;
tenn Tho balance OF the increase OF stock will
be required for The construction Of the Geneva
and Van Ett"nvie road and the, double TRACK
Ettenvlle south to its junction with the system
Of the LehiRh Valley hallway Company OF
IenuSylNhnlI
Tho much talked OF meeting OF Western rail-
way Presidents convened in Chic aGo yesterday
to discuss the rate situation and attempt once
more TO adopt an agreement strong eGough TO
hold tho roads together. The gathering was
entirely distinct from the Interstate Com
merce Railway Association. Every line i'll the
West was represented in person or by letter OF
its chief officer
Chairman ,Midgeley's statement that there
could be no legal objection to dividing earn
inGs after they had been honestly earned by
means of reasona bic ratios met with unanimous
approval, and it was practically decided in ad.
vance. to all appearances. that the outcome OF
the gathering i successful. would be that o: a
division Of trafc.
Nearly the entire day was given up to the
consideration OF freight matters. tho question
of passenger rates being left to the general
passenger agents, who are TO meet to-day. All
the roads represented were ready to sign an
such an Arrangement could lie devised not vio-
lating the section Of the Interstate law which
prohibits pooling. No suitable plan could DO
decided upon. and the meeting finally adj
Journed until to-day when the subject will be
tax en- up again.
Before ad burning a resolution was adopted
providing that the traffic managers OF the
companies represented should meet on Thurs
dav for the purpose of forming one or more or
CARNATIONS to govern the freight tranr in the
territory OF the Western freight and trans
Missouri associations and to arrange for the
restoration OF freight rates at tho earliest pos
sble date.