The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-12-23
THE RAILWAYS.
A Proposal to Wipe Out the Floating Debt
of the Missouri Pacific.

NEW YORK, Dec 22.-Rumors were cir.
culated today of negotiations looking tc
the sale of the treasury assets of the Mis-
souri, Pacific, in order to wipe out the
floating debt aud to open a way for the
resumption of dividends. At the close OF
the stock market this afternoon Missouri
Pacific showed a gain of 3 Is per cent.
ST. LOUIS, Dec. 22-General Manager
Morrill, of the St Louis and San Francisco
railway. was shown the Kansas City dis
| patch in reference to the order said TO have
been issued requiring conductors to give
bond. Captain Morrill, said that the isSu-
auce of the order had been contemplated
for a long time, but it had not yet been
issued, and how the matter became public
he was at a loss to understand. 1t is moth
ing new, he said. The Atchison conduc.
tors are required to give bond and the
Frisco having come under the Santa FEES
management, it must follow that the con-
ductors on that road should give similar
security. General Manager Morrill, fur
ther said that the employees on all roads
who have the handling of funds are re-
auired to give bond, and that conductors
should not be excepted. The statement
that IA committee had been denied an audi
ence with him, he said, is false.
CHICAGO, Dec % An interesting hear
ing was held today by the arbitrators in
the case of the Chicago, st. Paul and Kan
sas City appeal from the decision of Chair
man Finley adjudging 1t guilty OF miss
use Of mliege tickets. The Maple Leaf
officials, representing, il is said, other lines
as wellas their own are pushing the mater
for the purpose of establishing once for1all
the extent of Mr.. Finley's authority The
claim is made that be is not empowered by
the agreement to employ detectives or
play the detective himself, in order 20 Sc
cure damaging evidence against the mem
bers, unless charges have been formally
presented against member bv another
road in the association. The practice has
lately been adopted by the chrirman, it Is
alleged, of preferring charges on his own
motion after hearing case taken Uuder
advisemeut.
The commissioners of the Western Traf-
fic association have submitted a decision
allowing the Atchison, Topeka and Santa
Fe road for authority to make Tate Of 75
cents per 100 pounds on salt from Kansas
points 10 its Pacific coast terminals.
The Rock Island claims TO have discov-
cred that the Burlington iS making pass
enyer rate Of IS % from Kansas CITY TO
Chicago, and viii apply 10 Chairman Fin
lev for relief.
BALTIMORE, Dec, 22.-The glut Of rail
grain y 50 great that elevator facilities
were withdrawn after today from the bay
grain trade. Representatives of the east
ern shore farmers are striving to induce
the Baltimore and Ohio Elevator company
to rescind the orders. 80 that tue growers
OF grain Ia this state may have equal op-
pOrtunIties with the grangers OF the west
TO dispose Of their products. The receipts
Of grain by raJl are now 50 heavy and the
need of cars 80 pressing that ali elevator
advantages are needed for promptly IN
loading cars
CHICAGO Dec 22.-The volume Of
east-bound freight shipments l. now only
limited by the capacity OF the roads 90
handle *. The cry for more cars i stil
kept up. Last weeks shipments from
Chicago by ali lines aggregated 10 J6j
tons. against ~ 90 tons during the preCed-
ing week and ~. 30 tous during the CORE
spending week Of lc50- For once the Fort
Wayne forged ahead OF all con petltor,. IT,
proportion being p, IL tons. The uexg
best record was hy the Lake Shore with
u AL tons Grain shipments constituted
uore than one-ha { the to- a! tonnage.
Shipments OF -four. gra and provisions
from Chicago 10 the s~ssbosrd by the lines
in the Central Traffic $3.50 isIson amount
ed during the week 10 IS, 10 tons, a
~. ia tor the preoeciibg aud sgainst =, 80
ter tie corresponding SEA last year. The