The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-05-21
NEWS or THE RAILROADS..
The Trunk Line Executive ComnIttee
Mnkea tOnn HnndNxnH.

N,
and the belief now is that the laKe-and- rail
difficulties will soon be settled.
| The granger roads are thoroughly tired OF
losing rates" one Of those present said yester-
day " and the Great Northern Halfway bas
come around. Mr.. Hill has finally agreed not
TO insist on a l0.cent dilTerential for the Du-
luth route against that by way OF Chicago.
This is half the battle won. He will restore
the rate to the basis OF II cents from New York
10 St Paul, via Duluth. on the understanding
that the Chicago lakesnd.ral lines don't
make lower rate than that. That ise they
may make the same rate. and there IL no doubt
/ that they will SO tho difrerential will practi-
| cally be abolished"
But several things have got to be accom-
plshed before this end Is reached At yester-
day s meeting tho lake men got from the trunk
lines promise that the lnke-and-rail cost
| bound rate from Chicago should be restored.
| Open cuts had been made on fifth and sixth
class freight. 1t was agreed yesterday that
| after june the rates for those classes shall be
held firm ut % and 20 cents. respectively. Chi
| cago to New York. and at 2TIa aud 22H from
| duluth to New York.
Tho second step was this The lake men
present agreed to call n meeting in Buffalo for
| next Tuesday to fix west-hound lake-and-rail
rates; via Duluth and Chicago TO st. Paul, upon
| condition that the trunk limos in the mean
time guarantee that none Of tho roads via
Shlcago make axe lake;amd raj rate from New New
|
! The Executive Committee VIII meet again to-
day for this purposn. and the main difficulty it
Dispa eli tito line, The Indications. yesterday
were that the Grand Trunk was, tired Of tho "A
| cent rate and was willing 10 make concessions.
! Mir Hill's main object it is well known. was to
| bring this result about. and there seems to
| have been an Understanding before yesterdays
| meeting was called.
Before the needing of lakemen in Buffalo on
m tGSrS W ee bs1
| will agree to- III they make 1t II cents 1t will
mean that their proportion OF the through rate
from New York to ST Paul will oe only 20 cents.
1t is believed that the Western lines we're in
Missouri River points on May 10. Ii tho con-
ference about 1hicago.St. Paul rates pan out
he emf is s the d Ms s w for
raaGement to, go into object.
.. Having settleu the freight rates It is believed
that the passenger rates in the Vest can be
easily restored. All this must be done before
there is amy show Of reorganizing the Inter
OF the trunk line officials thought that chances
were now good for accomplishing this result.
cinnati, Hamilton aud Dayton railroad to buy
tho lerre liaute and Peoria, which latter he
says that Mr.. sully has made the suggestion to
Mr.; sage: who has heavy interests in the C., H.
is said. because the Terre Hauie and Peoria
has no tangible connection with the c.. Fl. and
D.. but the nearest points are IS mile? or more
apart. The gentleman said chat Mr.. Sully then
threatened to put in Board of Directors at the
annual meeting OF the G.. II. and d. which will
Terrc Haute and Peoria road. All Interesting
time is looked Tor. The road in question ex-
tends from Peoria to Terre Haute l76 miles.
At a meeting, of the Board of Trade Of Hart
ford. Conn. held April %, It was unani mo usly
formulate permanent plan for the protection
Of Investors in Western railway securities. The
and high financial standing were selected:
Messrs Francis 3. Cooley. II. Ii; Morgan.
Howe The Board Of Trade has addressed a
circular 70 similar organizations in other cities
The MULTIPLICATION Of parallel lines % and of
Improbable feeders. built often on the sole
bes bg
full competition chronic rate wars. reduced
dividends. and greatly deprecated values.
BY united action owners powerless when
moving eeparatelv can aid in preventing a
repetition OF the mistakes and follies of the
meetings by associate shareholders uncon-
nocted with the Boards of Direction and who
ss aS viii ASSUME sn attitude q inte
gent inquiry and sEtisiSm Directors need
tees. and as such obliged to act for the COM
mon benefit"
used at the approaching annual meetings of
he GbiGas9 and ~ Sorthweste m The Chicago
RaSF s nd Shs ceGns M
Proxies in names of Nlessrs. Cooley and Howe,
annual meetings last wear, may be sent to the |
Board Of Trade. Hartford.
Assoc atiun was in session yesterday and con-
ferr ed with the Executive Committee bout the |
troops. The appointment Of new Chairman
WAS discussed. but no decision was reached.
The New York. Ontario and Western Rail- |
road has published a handsome book describe |
ing the pleasure resorts and the regions espe-
cially adapted to homes along its line. 1t Is
only necessary to mention the country through
which it passes to be convinced OF its advan-
son, the foothills Of the Catskilis, and the val
leys OF the Waikiki Neversink. ,Susquehanna
and utnsh peny Of BOATING Porons iG Of the
road are 1000 feet above the sea level. The
summer hotels along the limo.
The Chicago and Northwestern Railway yes
cago and Omaha TO apply locally; To points
beyond Omnhaa SO rate was made for basnG
r put between local points and the So rate to
meet that OF It's competitors on through bust
The Chicago. Milwaukee and st. Paul road
yesterday met the 50 rate OF Its competitors
between Chicago and st. Paul and Minneapolis.
both ways
Mention has been made OF one route to Bos-
d Del Ihsr and the mnins regiohs d Fehnay
vania, and n 40 cond short cut to BostGn. as it
is called, now bids i2r attention. =; The first
to Allen own. Central Railroad u New Jersey
10 Easton. and the lehigh and Hudson Rail-
witch will be In operation on May 2G,, i, from
to Statington over the Philadel-
vnnin, Foughkcepaie and Boston ltaiIroad to
the bridge. From that point it takes the Cen
a rlIi gements have been made to use the New
York, New Havon and Hartford Eailroais
trucks TO Northampton in order to reach the
osIon and Maine over which rac 70 enters tiers
frairht from Harrisburg to Boston in thirty
hours. and trains with Pullman sleepers are
part of the plan.
The latest rates announced by the Missouri
Pacific are SIS from st. Louis 10 Colorado
springs aud Denver; 81 from Omaha and Kan
sus City to Denver.
II is said that Superintendent Joseph Craw-
ford will succeed I;obert r. Pettitt rs Suprrin-
tcndent OF the n ain line division OF the Penn
eylvauia Railroad. Chief Eng ineer Brooks Is
likely to assume Mr.. Crawford's duties on the
New York division.