The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-03-28


Texas Creates Commission-Tranlc As
socistion demonstrates with Gould.
AUSTIN, Tex, March 27.--A bill has
passed both houses Of the legislature Gre
ating state railroad commission.
CHICAGO, March 1.-THE six commits
sioners Of the Western Traffic Association,
It is reported, tod ay considered the matter
Of the sugar rate cut from the sea board
the Missouri Pacific. As result
Of their deliberations it is reported
that Chairman Midgeley telegraphed Jay
Gould, demanding the discharge Of the
Missouri Pacific officials who authorized
the cut rate. Areply to this demand will
be awaited with much interest, as il viii
be severe test Of the stability of the West
ern traffic agreement recently formed.
A special from Sioux City, Ia, says:
The receivers Of the Wyoming Pacific Inn
provement Company aud the Nebraska q
Western railroad have issued their first
official statement of the affairs of the Pa
cific Short Line railway. 1t shows the
Sioux City people have not announced or
secured control of the roads: that the
property is still owned by the Manhattan
Trust Company, of New York, and that
holders of unsecured claims, of which
about $4,000 Is outstanding, will prob
ably lose them. The Sioux City people.
who have subscribed about $4,000 will
have to buy the Manhattan company out
or lose their money.
NEW YoRK, March 27.-John Greenough,
who with General Thomas examined the
accounts Of the Louisville, New Albany g.
Chicago Railroad Company to verify the
statement made by the officials regarding
the floating debt. returned to New York
today. Greenough refuses to talk on the
matter yet. 1t is said the parties to the
syndicate are the East Tennessee Com
pany, which agrees to furnish 81 ,200. 900;
Brooklyn Trust Company, $300, 700; and
DR.. Breyfogle, $4,000.
The Delaware, Lackawanna Il Western
directors today declared a regular quarter
~ dividend Of III per cent. A statement
presented showed slight decrease in the
gross earnings on account of decreased
coal tonnage, but the net earnings were
little better than last year.
BUTTE, Mont. March 27.-[Special. l.
The difficulty between the Montana Union
railroad and the Anaconda company,
growing out Of transportation rates for
handling ore. fuel and supplies which
caused q shutting down of the big mines
in Butte week ago, and finally extin-
guished the fires in the furnaces at An
aconda Is apparently far from set
Element, and the prospect of . shut
down of two or three months is growing
serious Leading merchants of Anaconda
last night united in signing dispatch to
Mr.. Haggin, at New York, assuring him
Of their Willingness to cooperate with him
in any course it may seem right
to him to adopt in relation to
the trouble between the Anaconda
company and the railroad. The policy of
the road was criticised as unjust to the
company and unfair to that community.
The signers said they pledged themselves
to endure without complaint the losses
which the closing of works would entail
to their business, and earnestly hoped that
in Mr.. Haggin's good judgment the fight
will be carried on until the smelling works
and city were free from railway bondage
by building new line of road