The times. [volume] (Richmond, Va.) 1890-1903, 1890-03-15
NEW YORK TOPICS
Furnished by Our Special Correspond-



Among visitors to the city who are anxi-
ous for Southern prosperity is Nathaniel
Baxter, Of Tennessee. VINO was formerly
president Of the Tennessee Coal and Iron
Company, and is now az the head Of the iron
company in which eN-Mayors Hewitt and
Cooper and their friends are deeply inter-
ested. His company. he says. has nine iron
furnaces and is putting up steel plant at
Chattanooga. which will cost Sij0,00O. 10
Is their intention 10 make steel by what is
known abroad as the open hearth process.
They bave studied the English processes un-
oil they feel absolutely certain Of success.
RAILROAD EARNINGS.
Richmond and Danyillo system. for first
week March. 1890, S2s3,O2j; 1850, S262 300;
Increase. 500 l2I..
Baltimore and Ohio. southwestern. for
first week March, 1890, ST. lj3: 1889. S3l,4iO:
increase Sl0.3l3: January lst 90 March lth,
1890, Silj, i0l; 1850, S3ls, 800; increase, $780,
eIl.
President Ingalls, says that the Chesa-
peake and Ohio has put about two millions
and half into permanent Improvements
during the current fiscal wear. The cOndi-
tion Of the road certainly furnishes evidence
of H.. and the earnings are iudisputabe
proof that the money has been well spent.
BASEBALL NEWS.
Tomorrow the New York and Boston
Clubs. of the Players League, sail together
on the steamship NacOOchee for savannah.
They will play in jacksonville, New Or
leans and other cities before they return
about April Gh. The New York players
who will leave are Manager and Captain
William Ewing. Roger C0nnOr, Danny
Richardson, Gil Hatfield. Arthur Whitney,
III. Crane. James O'ROurke, George Gore
and NJ. J. ~laitory. They will be Joined in
the South by john Ewing, Bill Brown, liar-
rs Naum and Hank O'Day. who Will leave
by rail from their homes IN the West The
Boston contingent will consist OF Nike
Kelly. Dan BrOufhers. Arthur Irwin, NJ.
kilrOy. Pitchers DAILY and Madden, Morgan
Murphy. Harry ~tOycy. Dickey Johnston
and lladie Richardson. The other MEM
bors of the team. Tom Brown Billy Nash.
Joe Quinn and the new catcher, >wett Will
meet them later in the >Ouh. a big crowd
will doubtless be- at the wharf and give
them a great 'send-Oh.
MEETING OF THE T.. y. And q. RAILWAY.
The circular accompanying The proxy
sent tO the stockholders Of the East Ienncs-
see. Virginia and Georgia Railway for the
special meeting April 18th. sets forth that
tie meeting is called tO take action ON the
proposition Of holding or diSpOsing ot the
STICK of the Memphis and Charleston Rail
r0as now owned by the Fast Tennessee. the
plschase Of the Erlanger system and the
issue of S6.O0O,000 five per cent iiiiy-year
gold bonds. 20 provide funds for the plr-
chase. What the part OF the circular
referring 90 the Memphis and Charles
ton stock means cannot Dee said.
Terminal director says that he understood
that the East Tennessee Company has had
am offer for the stock. but General Thomas.
president OF the company, says that it is
passage inserted in the proxy merely in
view of the legal controversy over the NJ.
and &. stock the courts decide that the
East Tennessee cannot hold and vote a ma
i0rty. tine officers want 10 have the way
open So that they can look around for pur-
chaser. The lawyers are now drawing up
the papers for the Eriangcr purchase.
In the suit of the Cincinnati. Hamilton
and DAYTON against Ives and >tayner, the
supreme Court to-day rendered decision
reducing their bail 90 5000 each. Bail was
originally fixed at S2jO,OOO each. The re-
ducti0n was made by the consent Of the
railroad company's counsel. Ii is ex-
pected that Ives and >tayner will now be
able 20 furnish hOndsmen. Creditors rep
rescnting ninety-iiye per cent. of the indebt-
edness against them have consented TO
settlement on a basis of five cents ON the