The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-05-05
NEWS OF THE RAILROADS.
The Latest Information From All Quart

The Latest Information FROM All Quarters.
A Chicago despatch says 1t Is reported upon
good authority that within few days the Chi
cago and Atlantic Railway will DO taken out OF
the hands OF the receiver and will become a
part OF the Erie Railway system. Receiver
Malott has :us. returned from tho East, and 1t
is understood that arrangements were per-
footed for the surrender OF tho property to the
Erie Company as soon as the United States
Court has given tho required decree. Plesl-
dent King, Vice President FELTON,, and General
Counsel Bristow OF the Erie will arrive there
to-day. and Mt once submit o motion In the
United States Court for the immediate dis
charge OF the receiver. As all difficulties be-
tween, the conteDding factions have been
amjcably settled. and there lie not likely TO be
granted. What the forms Of settlement nre
has not been made known but al! will become
The Chicago and Atlantic was originally
built in the interest OF the Frle-to give tho
later an inlet to Chicago. The Erie furnished
strSction Of tho Chicago and Atlantic. Tho
k kS SO1 H eSnsod sS cn VIE
wsS which, is opSrsteG b tho Iu Erie HpdSr
form II direct line from Chicago 10 Salamanca,
whore connection is made with the Erie proner.
wse ERE y the ssms s bS
burEh, Fort Wayne ana Chicago and the Pan
Handle ronis are operated by the Pennsylvania
Kecoiyer Malott. who has given excellent
ssatisfaetion sine he assumed the charge Of
G GS Es a he eod % oban
general manager Of NE CONSOLIDATED New
ATLANTIC hallway. with headGnnrtcrs at CHI
cago;, 1t Is also understood that A. S. Crane
passenger agents ot The Chicago and Ailantlc.
will be reappointed to the same position OF the
consolidated Western lines of the Erie.
A Birmingham. Ala. despatch says a bill has
beon filed there asking for the appointment OF
Srecevsr for the North and south Alabama
II the allegations Of the bill arc sustained a
Nashville enjoned from using the road. and
compelled to account for $7.U00.0OO OF bonds.
over f2;n0o;Go0 Of stock, and 100000 ncres Of
land The directors 81 the Louisville and Nash
willie are charged with fraud and destroying the
property OF the plaintiffs.
An Omaha despatch says the decision OF the
Inter State Commerce Commission practically
abnishing car-Iont rates. which was HANDED
cradle trouble among the !obters OF Western
cities. Necently q. o. Toileston. President of
tile, .JobbeIs' and manufacturers, ASSOCIATION
OF Sioux City. wrote to United States Senator
W. b. Allison. saving that he observed with
alarm that the Interstate Commerce Commits
sion had decided 10 abandon carload rates.
and that such action would 10 death blow to
the jobbing interests Of the Missouri liver
valley and interior Iowa, lie urged that the
Senator take the matter MP. and see II such
action could not be prevented.
Tho Sioux City JoDbers' Association is a
prompt attention 10 the case. Tho complaint
was finally referred TO NJ. Schocnmaker' the
e"e ~no
replied to Senator Allison that tho Sioux City
and olher j9bbers labored under n misconcep-
1T is expressly ruled by the Commission
that car mad clnssil lcation with corresponding
merce. and that they are in the public interest
when thev can properly be applied TO the traf-
tlc carried. Commissio1er schoonmnker
lowing rs Its meaning
''Thcr" may re difference between carload
quantities and less than CARLOAD quantities.
hut the difference must not be SO great as to
be destructive to business carried On In less
than cpr-loAd quantities
when the decision IN tho Thurber case was
made public 1t was construed by the best
lawyers In III" country 10 wine out the dit
i In lar ~ pnIs and Iess than car Ioads
This raised the biggest kind Of
storm arnund tho ears Of the Com.
railroads. Tho decision has prevented the
railroads from adopting the uniform classified
ton which was to have been ratified AT Denver
on April II. over two yenrs lad been spent In
compiling and harmOnl2lng the last number OF
different claSSiiicatlunS when govern freight
shipmentS in the various sections Of the conn
try. Now the letter Of Commissioner Schoon-
maker. constituting the decision 10 mean eX-
actlv the reverse OF what 1t was originally in
tended to cover. is considered II complete back
down by the Interstate Commerce Commits
6ioners.'
ASt. Paul despatch reports Mr.. Cakes as
sistant 10 rrestient y. c. 1hrall. as saying:
MIR. Willard and his associates, some months
since formed u new corporation. called the
Chicago and Northern Pacific Railroad
quire terminal ABILITIES in Chicago Tor the
Northern Pacific. Ny understanding OF the
matter il that tho Chicago and Northern Pa:
citc Company has purchased the Chicago and
Great Western Railway property and leased
the same TO the Wisconsin Central, and
that tho latter company then leased Nil
it, properly. .lenseholds. and r., appurte.
transaction hGs been in the mill for months
inst and was gleteo some time ago. The
Northern Pacific general ofll"e will not be re-
moved from 81. Paul &c, Chicago. As TO tho
rum0r concerning the Chicago and Calumet
Terminal Company. tho statement that Mr..
IilIaid made an oiier for 1t. / believe. Ia cor
rect. but am not aware that the deal has been
closed Tho rumor that there Is any traffic
denl between tho Northern Pacific md tho
baltimore and Ohio is in my opinion wholly I'M
founded.