The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-05-28
NEWS or THE RAILROADS
Hopeful Signs OF n Settlement OF Far West
era Ratio Differences.

Mountains occurred yesterday. when Mr.. Jay
Gould made overtures to the htchison people
He Is sick himself but Mr.. George Gould. az
representative OF the Missouri Pacific Com.
pany. called upon Mr.. George G. Magoun
Chairman OF the Board OF Directors OF the Atch.
ison. and congratulated him upon the &c.
QUESTION OF the St. Louis and San Francisco
Railroad. He expressed the hope. said Mr.
MaRoun. that all tho roads In that region
might work together in peace and harmony
This is assurance enough, Mr.. Maeoun said
that Jay Gould is willing to nut an end to the
rate war. He added that he thought the Pres.
idents OF the Western roads would adjust their
differences very soon.
1t is expected that Commissioner Walker
will call meeting Of Presidents or managers
In O few days, and as soon as dates are fixed
for restoring passenger rates the work Of re-
organizing will be, vigorously pushed; 1t is
have been firm since May 10.
The railway statistics OF Canada for 1889.
usnSs Show RG that there sa5 mes
completed road In the dominion and 4l6 miles
under construction II The ese r4i!ways represent
expenses for 1889 were .$31,U3s,045 and the
earnings a. 6if IeSy f5t net income Of
passenaers and i7S2862S tons OF
in s2s,i67 We're killed. Besides the pas p s.
killed. bringing the total number of fatalities
UP to 2lo. The greatest mileage under one
4.973 miles. tho Grand Trunk coming noxt with
STA Forty six years ago there were only
British North America. The total mileage has
doubled In the last ten years: Estimating the
10 at e1e Is one ms
greater than in any other country in the
world, e1cenl perhaps. the Australian colonies.
have about 5000 miles Of railway and popu-
lation OF more than S.OOOOoo.
ship Company held its annual election OF direc-
tors yesterday, in the Mills BUILDING These
4 TsSrbe TeTS ee' %ans C. H. Fnf
AND il. Z { Hur PaS Mr. j. H. Lachlan gem
the company. submitted his annual report
showing net profit OF 81 per cent on the gen
eral capital OF the company.
The annual election OF directors OF the At
lantic and Pacific Railroad Company took place
yesterday 81 the Offices OF the company in the
Moc oof, j. i; Cheney: William Li55eys + II
HAYS. Levi Q. Wade J. D. Springer. and Allen
MARVEL The Board will meet to-day for Or
RRniZation.
Judge Thayer OF the Superior Court at Hart
ford signed an order yesterday calling on ex-
gressman q. NJ. Landers OF New Britain. and
the Hon. D. :. Plume OF Waterbury. three Com
England Railroad Company to show cause n son ON
juno why they should not be committed to
Jail for contempt ~ refusing to take up tracks
Superior and Supreme Courts OF the State
The company, contends that sIperSededs Of
Justice Blatch'ord OF the United States Su-
COnrt DFOreelinR9.
In the town Of Fairfield. Kennebec county
lived In cottage close by the railroad track.
Their only son Is fireman on the, night ex
press between Bangor and Portland, and each
night at 10 o'clock on the trip west and again
at 8 A. NJ. on his return to Bangor. on passing
the old home, he gives, the locomotive bell
that he is all right. while a light lett burning
in the cottage window assures him that the
old folks, too. are well.
A meeting OF citizens was held In Watertown
last night for the purpose OF considering
proposition from Austin Corbin TO make pre-
camden, Oneida county, to the ST. lawrence 1sDe
River. Mr.. CorbIn asks the people Of northern
New York to pay one hall the cost Of the sur
scrlbed. The PROPOSED road would connect
with the Elmira, Cortandt and Northern, which
Is part of the Reading system. thereby giving
an outlet to the Eastern States and Canada
Tho passenger department OF the New York
Central and Hudson River Railroad Company
announce special trains on Decoration Day.
May 80, to leave the Grand Central station for
Tse X, 9Rd rpI 5s
7. NJ. and 2:15 +. N. Return speoials will
leave Tuekahoe at 3:45, 4;l2; APO. and 500 7:
NJ, and Woodlawn at 1888. 4:24. 500. and 6:l6
i. NJ, respectively
The meeting OF the Trunk Line Executive
COMMITTEES with the lake men yesterday was
IN tho line OF restoring rates between New
York and the Northwest. 1t was more hRr-
Rm gS than the most most sangni9e expected;
Vermont people were both represented. Mr..
Hin Of the Great Northern system showed a
a6out se sR Ills TspresentaiSS aG gFd
yesterday TO give IN the dllierential which he
has always demanded for Duluth against the
Chicago route. He insisted on ten cents for
long time, but yesterday he consented to the
same rate. provided none Of the other lines
stopped by every road between New York and
the Northwest. The reason ss that Mr.. Hill re-
Chicago lines, he, claims, made secret cuts,
which he met openly.
via all routes except the Vermont Central and
OGdensb urgh ,Transportaton line This latter
doesn't hurt the business i H., me Great Northern
tial. list class. The VermonqCentraL which
y Grand Trunk feeder stood out decisiyely
to q restoration on any other basis This gives
hat line 81 cents. first class.. At present the
Vermont Central is down to 45 cents, while the
Northern ,Steamsh!p line. In connection with
the West Shore and LnckawRnna and the I.e-
high Valley, quote 90 cents first class. New
DIRK 10 ST. Paul.
The rates viii be restored on June 9 instead
of June 2. as at first arranged. The New York. |
proportion is 81 cents out OF the II
cents, which means that the Granger roads got
only 20 cents, nrst class, from Chicago to St |
Paul. unless the trunk lines agree to pro rate |
The local rate from Chicago 10 st. Paul Is |
Ike 60 cents per 100 pounds
The Executive Committee passed n resou- |
lion yesterday that west bound all rail rates |
,etween New York and Chicago be restored to |
he q d basis and that rate cutting be stopped. |
Iune . was set ms tho date when the roads |
IhOuld begin TO be good.
Tie Joint committee Of tho Central Traffic |
md Trunk Line Associations arc expected 10 |
estore east bound rates at to.days meeting |
n New York. III successful the lake and rail |
roubles will be ended for this season, and rail |
'ates will be Arm again.
Looked Like COrRerin July Cotton.
Speculation in cotton dubbed over with in
crest yesterday, and Mt one time 1t looked as |
( the July option was to be cornered Tho |
rice was forced up 40 points. or nearly y cent |
pound. by continued bull buying and the |
.nXiety OF shorts to cover, Tho exports con- |