The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-12-20
A 4-PER CENT. DECLARED.
TIE GEORGIA CENTRAL'5 SEMI
ANNUAL DIVIDEND.

The Stockholders to Get Their Re
turns Dec. 23-Gen. Alexander o.
the Current Rumors Regarding tn,
Central-He Does Not Intend to Re
sign the Presidency.
Gen. E. z. Alexander returned from New
York Yesterday morning. The directors of
the Central railroad met yesterday FORE
noon and declared the usual semi annual
! dividend OF per cent This will turn loose
a considerable amount Of money in Savan-
nah. a large amount Of Central stock being
held in Georgia. many parties holding a
few shares each. Col. G. H. Phinizy of
Augusta. and Hugh 7. Inman. Of Atlanta,
were present with the resident directors.
A MORNING NEWS reporter saw Gen.
Alexander In the afternoon and had a short
talk with hIin upon the recent rumors con-
corning himself and tho Central.
"Yes," he said in answer to a question,
"my stay 10 New York was chiefly in con-
necton with the financial matters Of the
Central railroad. The road was in no
pressing need for money, however. and the
amounts desired we're secured without any
difficulty. 1t was simply the details Of
the transaction that required my atten-
ton"
What about the reports of your resigna-
tion," he was asked.
II know nothing whatever about it," he
replied, Except what have seen in the
newspapers. have had no intentions of
reslgning nor have l had any intimation
from the company that my resignation
would be acceptable. 1t is my intention co
continue in the service of the Central Rail-
road as long as my services are desired
Gen. Alexander was asked il he thought
Gould man would be elected on the Central's
board of directors at the January election.
II cannot say" he replied. There is only
one vacancy on the board, that caused by
Judge ChishoIm's death, and have heard
no one mentioned for the place.
Gen. Alexander said that the election of
the Gould men on the Terminal board at the
meeting held while he was in
New York confirmed him in
his previous opinion Of Mr.. Gould's
intention in securing an interest in the
Richmond Terminal He is very strongly
of the opinion that the traffic of Mr.. Gould's
western lines will be turned over to the
Terminal lines for transportation to the
southeastern seaports, from whence the
steamship lines will convey it to the north
ern and eastern markets.
There is no reason why this should not
be DONE" said Gen. Alexander. Eve are
go miles nearer, on an average, to the
western markets than New York is, and
the western traffic can be transported via
the southern roads with the greatest ease.
We are already receiving some shipments
through Savannah for Kansas City and
points farther west. believe the time will
come when we shall do an immense business
with the western country. not only with
Kansas City, but with points as far west
and north as Salt Lake and Oregon. There
is no reason why portion of the immense
salmon business Of the far northwest
should not be handled over our lines.
1t is natural to believe that as
Mr.. Gould is interested IN the
southern lines he will turn over the
traffic of his western lines to them rather
than to the northern and western lines in
which he is not Interested, while he will be
up his own property by turning it
over to us. 1t will be some time before
these changes can be brought about, but l
believe that 1t will be done eventually"
Gen. Alexander said, in conclusion, that
it was good thing for Georgia and Savan-
nan that the Central of Georgia was in this
procession. and not fighting its battles
alone