The morning call., 1890-06-09
THE RAILROADS.
Some Inside History Of Oregon Affairs.
Net Earnings.

NEW YORK, June S.-The Financial News
Agency sends out the following: A little of
the inside history OF the Oregon Railroad
contest begins to develop. IL appears that
Ladd, a Portland banker and Vce-Presi-
dent of the Oregon Railway and Navga-
ton Company, and Lewis, a wholesale mer.
chant and one of the Oregon Directors of
the Oregon Railway and Navigation Com
pany, have been furnishing money and sup
plies TO Hunt for building lines in Eastern
Oregon and Washington for the Oregon
Railway and Navigation Company. 1t is
said Hunt became largely indebted to Ladd
and Lewis, and that the recent subscription
to the Hunt road extension to Portland,
Oregon. was filled because Ladd and Lewis
headed the list.
II Is rumoied that the Vanderbllts and Atch-
isoD interests are forming combination of rail-
road properties. II is said that the AtchIson is
negotiating with the Big 4 ~ FOR an Eastern
connection at ST. Louis. The "Big ("
is the natural outlet to The East OF the
Atchison system, now that the Atchison
road. President ingalls, of the big f." and
Chairman Magoun of the Atchisou, both OF
whom have been In the West tor the past week
held conference III Chicago on the subject. IL
is probable that The outcome OF the negotiations
Will be traffic arrangement between the TWO
roads.
BosToN, June S.-The small net earnings
of the Union Pacific compared to the gross
returns is attributed here to the hauling Uf
a great quantity of low-prlced tonnage on
the Pacific divisions. The quantity of high
priced tonnage is very small
Vice President Lane of the Union Pacific
started yesterday for months trip, in
specting the Oregon branch ystem aud the
newly acquired Union Pacific, Denver and
Gulf road.
The April earnings entire Of the AchiSon
system show a gross Increase OF S425.37S, aud
net increase Of S204. 567.
SPOKANE FALLS, June S.-The route of
the Great Northern from Great Falls, Mont,
to Spokane Falls is definitely located. 1t is
learned that one of the difficulties in the
way Of going 10 work on the division be-
tween Great Falls and Spokane Falls is
that charter must be obtained before the
road can pass through Idaho. Part of its
line is in tile forty-mile limit of the North
ern Pacific, and that road is fighting the ad-
mission of the new State, because if Idaho
remains Territory the Northern Pacihc's
great rival will have to apply to Congress
for its charter. This will necessarily cause
delay OF year, or even more, but If the
Territory becomes State then the charter
can be obtained without delay.
MINNEAPoLISi June S.-Au important traftc
arrangement has been completed between the
Northern Pacific and the Milwaukee and st.
Paul roads. Since the alliance between the
Northwestern aud Union Pacific better time
has been made between Chicago and Port
Central from Chicago and the Northern
Pacific from 81. Paul The result has
been great inroads upon the hrstclass Dusi-
ness of the Northern Pacific. The latter,
therefore, made oyertuIes 10 lie Milwaukee and
ST. Paul for traffic arrangement for a through
passenger business and The arrangement has
been completed. Pullman sleepers Will be run
through from Chicago 10 Portland and other
North Pacific Coast points. just what time the
trip from Chicago TO Portland Will consume has
not yet been announced, but 1t WILL IL Is said, be
considerably shorter than that via the North.
western aud Union PacI1c. The first train un-
der the new schedule will leave Chicago June
18th.
OMAHA, June S.-Edward Dickinson, General
Manager OF the Missouri River Division OF the
Union Pacific, has rendered his resignation. to
take effect July 1st. MIR. Dckinson's connec-
tion with the road extends over period Of twen-
ty year.. II is understood Mr.. Dickinson viii be
succeeded by j. o. BrnSerhO1, Superintendent
OF the Kansas Pacific division.
MONTREAL, June S.-A step toward recovery
by the Montreal Portland aud Pacific Railway
was made by decision In The Supreme Court
yesterday, practically setting aside the ouy claim
of the Southeastern Railway Company for $780,,
600 against The road. The action taken against
the Canadian Pacific Railway involved about
100000 and was for the recovery OF the road
from them and the trustees OF tile Southeastern.