The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-05-06
RAILROAD GLEAN!NGS.
Liquidation Of The Oregon TFanSGOntinental,.
AtChiSOl Earnings.

Boston, May 5.-The Advertiser expects
the early liquidation Of the Oregon Trans
continental. The plan is to have q commit
tee of four Presidents of the large New
York trust companies make an appraisal of
the assets. the stockholders then to be given
the option of taking cash for the stock at
the appraised value, or of converting the
stock, share for share, into stock of the new
finance company. Practically all Of the
shares will be exchanged for stock of the
new company, as Willard and his friends
own three-fourths of the stock 1t is uu-
certain what the name or the capital of the
new company will be.
NEW YORK, May "a special dispatch
from Boston says the Atchison's earnings
for March will be double what they were
the preceding March, and that the Atlantic
and Pacific earnings will be three times
what they were during the same period last
year.
The gross earnings of the Canadian Pa
cifc for the month of April were 81, 1870, 900,
an increase of So, GOO.
OMAHA, May 5.-At a meeting of the
Grievance Committee of Union Pacific con-
ductors yesterday letter was read from
General Manager Dickinson in which he
refused the freight conductors demand for
extra pay for extra time. The conductors
complain that the train conductors west of
the Missouri River are making from $500 to
5000 miles more per month than others who
nv ASSSifAuH suO oohiC pay Cdot VI tuC tiNtl.
CHICAGO, May 5.-At a meeting of the
Presidents of the Western roads to-day it
was agreed that rates must be advanced,
ana alter the views of those present were
obtained it was decided to advance Colorado
rates to the old standard of May 10, 1885,
and that they should not be cut and that
the managers should meet on the Sth inst
Tor the purpose of forming one or more as
soclatlons to govern the freight tariff which
IS covered by the Western Freight Associa-
diuiS n,A tln
Missouri Freight Association, and to trans
act such other business as may be necessary
to arrange for the early restoration of rates.
Inc prospects are bright for q settlement of
the rate war. The passenger men will
meet tomorrow, and there will probably
be no objections to advancing rates.
AT tne annual meeting of the Chicago,
Santa Fe and California road, held this
morning in the office of President Marvel.
Allan Marvel, Charles Hutchinson and Ed
son Keith were unanimously reelected Di-
reetors, as were also the officers of the road.
TOPEKA, May 5.-The employees of the
Santa Fe general offices here are making a
big Kick because President Marvel ordered
the sum OF all increases in salaries last
month to be refunded to the company, on
the ground that the advances were made
by officers without his authority. A row Is
expected.
DEs MONIES, May 5.-The first formal
complaint made under the new railroad law
JOibt latCo was HHub W lut
sioDers to-day by Robert D0nahue, jobber
OF Burlington. He asks that the Chicago,
Burlington, Cedar Rapids and Northern
roads be compelled TO put in force joint
rate according to the provisions of the law.
lie states the case of Customs at Edora,
who had just paid higher rate for freight
from burlington than he would have had
to pay If he shipped from Chicago OF st.
Louis.
COLUMBUS, May 5.-The Columbus and
Maysville Railroad was sold here at auction
this morning by United States Marshal
Simmons on suit brought by the Central
Trust Company of New York for $4,000 in
bonds.
DULUTH, May 5.-The Duluth and Win
n!peg Road has increased its capital stock
paid by call for $1,000,000. 1t will build
tG the International boundary without
Issuing bonds and will probably increase
Its stock again to carry out this plan. The
company will have 10000 men at work on
the extension. The road will De COM
pleted in November.