New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-12
ILLINOIS CENIHAL'S AFFAIRS.
ITIIII NJIN Nm 7 kNII y ut .fTIt'''
TALK WITH PRESIDENT FISH REGARDING a
RECENT ATTACK GN TIE ROAD

TALK WITH PRESIDENT FISH REGARDING \
RECENT ATTACK GN THE ROAD.
Chicago. Sept. II (Sreciall-l'rcsdcnt StuyveSant
lth. OF the Illinois Central Railroad Company. IT.
speaking today Of the reported dissatisfaction o!
stockholders with the management III the iHilr"ad'
said The whole thing scn>ation. If you please to
call it sos not deserving uf such attention rs has
been given TO IT. Every railroad has been thro'gh
such an experience. and spectators known hc-
Qucnty to 10 such schemes TO affect the STOCK
market. The document cmanatcd from spectators
who desired hv depressing the stock Of H." Illinois
Central. to cause rtfcy action on Other stocks.
They secured by the use Of money the pnl'rao" ~
the matter. and then nv going the stock l.AchnhGa
and selling few shares Of the Illinois Central man
aged to slight decline In price. it rs enr't
! only momcntary. and tllo-" who engineered uo
| scheme arc financially Losers by The operation"
DO you krow tho persons whO prepared the cir
ouar!-
There circular prepared" Mr.. Fish replied
None at all At cas! have been unable Ia
discover any body who SAW copy OF IT. 'thcr
on this or the other side Of the wnt"r !
are sure that no such circular has been distributed
among tho .tnckholdcrs. II an anonymous com
nunication and set mp from the manuscript by a
Ncw.Ymk evening newspaper last Friday believe
know the persons responsible for the pulcaton bat
don't care To give their names Just yrt.'
What have you to Say about your retirement or
bad financial condition Of th" road
Sm,,iv ,hl, there Will Lc. - far as am able I"
,udrc No change In the personnel "i III" dIr""fN as
the coming election. .av" IN one in>tah''-ti' cc''"h
of . new dr,t In place Of on" VII" VIII "trr' f"i
myself am a hold over. Iu-t how many years
have vet 10 serve can't say without looang mp The
record
Docs your term president expire ~
No. /, runs along nnlc>> III" directory Sc"S iii I"
c,t another p7,>ident and that" Mr.. Fish sm'lins'y
added | don't think will bo done. About the imam
eta, Standing nf the road should prefer thai y"a
woud wait until the annual report j. issued. hnt VIII
say that our financial condition gives no r'h'" '''
ALARM The In TIE g"~N earnings "i 'h' y
TEN for the past year amounts /" Sl'o'"".
.wh., w,, th, increase Of the year before over tn"
preceding years =
Their. was non". And if the Increase In IN" ret
earning f the past year has not been on par WIZ.
the Increase in IN" gross carninr IN" ran J., 10 n NJ
iu,,r,vr,pcnt Of oar system. For instance, We nave
scd "a 900 81 steel rails. ln,tcdn VI. a.
pSu,L O1O ions. The rails. tO'. arr fltrch pohhn'
Sca, cr 10 mt loot than formerly our new cncincs
twcnty >lx of them .iAt> one ton, ~ "''e' u,
,, vcr ,u and weigh, of ballast. ali "f winch anN
one familiar with the railroad hn<lnc>> W""i" e r W.
",n" M '' 1 ., "r raylng dividends when ther are no
earnings, am not that KIND OF man.
,yNrN MEETING or THE MANfTOhA E'N'.
:, r,nl sept, II ,>pcciah.-The stochh)hcr' "i
tho St Paul. Minneapolis, and Manitoba Ea!T"'d ON
many held their annual meeting IN th'' 'nS '""",
About two-thirds Of the stock was represented most
~ Il Nv uroxy James J. 'l. Sir George stephen
Sir Donald 4. smith. Gc"rec HlI-". a'inhci "'I
~ p Clough and u. D. Grover were "ic''S! "''N'"r'
The hoar, has not yet organized by the ei'tt OF
officer, ard financial statement for the seven h'ht"
from July l. I--o. 10 January ~. l-oo. was '''o
craphed TO Ncw.York Tho l'a>" "i the Mahi"ba 10
the Great Northern completed on fthF"tN J.
and although the Manitoba corporation 't'' 'N.'''
there 4, an Independent financial statement since '''
.,,,. rh. ,tatctucut fnr tn. months gives f"
or,ss earning, a. si1:io1A1 10. received from "lN'
dcuds and interest ON investment s-n'-7' -. "i"ra'
ing expenses and ta>cs. a1Wi'"il ~ Interest ra;'
~ o- ID, 10: DIV idcid paid. S:nN'"p -iI"ii: '"n'
:5n1 ~ ~. uroNt and lo>. rJi3.jjo -. The ~
nnrt for the r.manln. bv" months of the h"'al irr
ending Innr 30 I-!o Will appear IN inc fcp''' "' NV
t,rat Northern Road.