The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-05-01
NORTHERN PACIFIC.
Incorporation Of a Road From Yakima to
the Pacific Ocean.

alton of the Yakima and Pacific Coast Rail-
road Comp pany will be filed tomorrow.
The incorpOrators are Northern Pacific
officials, and that company is undou btedly
behind the scheme. The road begins at
North Yak ina and running in general
westerly direction along the valley of the
Natchez River or its tributaries, across the
Cascade Mountains at or near Cowlitz Pass,
thence down the Cowlitz River in general
westerly direction, through Lewis County
to point near Chehalis; then westerly by
the valley OF Chehalis River to the head
waters OF Wlllapa River, to some point at the
head of Shoalwater Bay, at or near South
Bend, together with branch from South
Bend running in general northwesterly
direction through the counties of Pacific
and Chehalis to point on the south side of
Grays Harbor. Also branch railroad be-
ginning near South Bend. thence running
In general Southerly direction through Pa
cine County to point on the Columbia
River opposite Astoria, thence from As
torla in westerly direction down the north
bank of the Columbia River to the Pacific
Ocean, and thence due north through Pa
cific County and along Spit Bowen and
Shoalwater bays and the ocean to Leadboter
Point. The capital stock Is So 100000.
CHICAGO. April 30.-The conference be-
tween the passenger men of the lines east
and west of the Missouri River has reached
point where it is positive that the West
ern States Passenger Association Will be re-
organized with membership including
nearly all the lines between Chicago and
the Rocky Mountains. The agreement is
practically completed, and only awaits the
assent of three roads to go into effect.
There is no doubt of these roads agreeing,
and the conference adjourned till Tuesday,
when the officers will be elected. The con-
ference meeting of the lines in the Western
freight and trans-Missouri territory relative
to making through rates has been COM
plete failure. The Rock Island will either
lease part of the Burlington line between
Omaha and Lincoln or parallel that line be-
tween the two places. This Will give them
two good lines to Denver.
The resignation OF General Manager Rip
ley OF the Burlington road, following so
closely Oh the heels of Morton and Stone,
has given rise to all manner OF rumOrs.
The general passenger agents were again
in session this afternoon.
There is rumor that the VanderbiltS
will secure control of the Great Northern
at the coming election and will extend it to
Puget Sound. The route is from Chicago,
via Chicago, st. Paul aud Omaha; thence
by the Seattle, Lake Shore and Eastern, on
which the Great Northern has ninety days
option to purchase. The Chicago and
Northwestern Will be extended TO San
Francisco, connections being made at St.
Paul with the Great Northern by line from
Southern Idaho.
BOsToN, April 30.-At the annual cleo
ton of Union Pacific stockholders Marvin
Hughitt, President of the Chicago and
Northwestern road, was elected Director
to succeed David Dows. No other change
is made in the board.
After the election of Directors stock
vote was taken upon the ratification Of the
following: Modification of the Oregon
Railway and Navigation Company lease;
the Oregon Short Line and Utah Northern
Railway Company traffic agreement; the
guarantee of the Oregon Short Line and
Utah Northern Collateral Trust bonds; the
Union Pacific. Denver and Gull Railway
Company traffic agreement; the Colorado
Central Railroad Company trackage from
Denver to Cheyenne; approving the Az
per cent collateral trust of the Denver,
Leadville and Gunnis0n mortgage in
dentuIe; the Chicago. Rock Island and Pa
ciic Central trackage from Linden to
Railway Company traffic agreement; the
Chicago, Milwaukee and ST. Paul Railway
Company trackage from Council Bluffs to
Omaha; the Chicago, Rock Island and Pa
clflc Railway Company trackage to Omaha,
and from Lincoln to Beatrice, Nebr Pres
ident Adams explained the several invest
ments made during the year. The vote ap-
proving and ratifying the action of the d-
reetors in making them was unanimously
passed. The directors report was also
adopted. After a recess the vote was an
nounced as 437, ,476 shares, all in favor of
the above propositions.
Among the investments approved were
the following: $50, 100 for the last outstand-
ing shares of the Credit Mobilier; S110, 500
paid TO settle all claims and TO secure about
S1,00O000 worth of property involved in
the Credit Mobiler litigation; and the pur-
chase of the Oregon Short Line of S7,74l,-
600 of bonds secured by the Oregon Railway
and Navigation stock as collateral.
ST. PAUL. April 30.-John Nj. Egan,
General Manager of the Chicago, st. Paul
and Kansas City Railway will succeed IL.
B. Stone as General Manager of the Chi
cago, Burlington and Quincy. At con-
ference with the directors of the Burlington
in Chicago tomorrow. Mr. Egan will for
mally accept the position which was ten
dered him Immediately after the resgna-
tion of MIR. Stone.
MONTREAL, April 30.-The Canadian Pa
cihc proposes to issue S20,000.000 four per
cent bonds on the Duluth, South Shore, At
lantic and Marquette, Houghton aud On
tanogon roads. and guarantee the bonds. 1t
will retire all Marquette, Houghton and
Ontanogon bonds and stock, leaving
only the Duluth and South Shore Atlantic
fives ahead OF the fours. 1t will use the ad-
ditional money in betterment and some new
mileage in the way of spurs. The 81, ,5000 900
Marquette, Houghton and 0ntonagon skies
of 1923 may be called in at 105 and S576, 200
skies OF 1903 may be paid at par from the
proceeds of land sales.