The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-02-04
PERCENTAGE PROBLEM.
An Important Subject Before the Western
Traffic Association Comm SSiOnerS.

CHICAGO, Feb. 3-The traffic managers
of the Western roads have adopted the re-
port of the committee on st0ck-shippers'
tickets, except the provision for a joint
agent at the stock yards. The general
freight agents of the respective lines will
look after new tickets. Having completed
the work of establishing territorial divis-
ions, the new Western Traffic Association
Commissioners are now working on the
problem of percentages, by which the COM
petitive traffic is to be divided among the
various roads This is so important and
delicate task that it will probably take
some time. Traffic officials interested in the
lines are apparently becoming convinced
that the new agreement will be put into
operation, and are trimming their sails ac-
cOrdingly. The Rock Island General Pas
senger Agent has sent circular to all
agents TO the effect that all rules and regu-
lations of the various associations must be
strictly maintained aud carried out The
agents of other roads will receive similar
instructions.
THE UNION PACIFIC.
OMAHA, Feb. 3-The appointment OF E.
C. Smeed to succeed Y. G. Bogue as Chief
Engineer of the Union Pacific was predicted
few days ago aud has now been officially
announced. new subdivision was estab-
lished on the mountain division of the Union
Pacific for passenger traffic only. Trains
Instead OF the former point and Ogden, as
heretofore.
1t is understood that owing to an entire
change in the policy of the Union Pacific
Company, which practically closes up the
Construction Department, the office of Chief
Engineer. as heretofore organized. has been
discontinued. In future that officer is to at
tend matters relating to operated lines only,
while new lines are to be built by special
organization, as on the Missouri Pacific. V.
&, ROpna ltta CIiaf I'm nf ha ont
system, Is at present under order to go to
the Pacific Slope to attend to important mat
ters relating to the Portland and Puget
Sound Railway, which is to be built and
operated jointly between the Union Pacific
and the Great Northern companies.
THE GOULD PARTY.
WASHINGTON. Feb. 3.-Jay Gould and
party, consisting of his son George and
daughter Helen. President John II. lnman
of the Richmond and Danville Railroad.
Thomas, arrived in Washington last even
ing in Mr.. GouldS private car. Shortly
afterward Postmaster-General Wanamaker
and Gould spent fifteen or twenty minutes
conversation. The Postmaster, General then
left the station. and Gould entered his pri-
yate car, where he spent the night. The
Gould party were joined here this morning
by FELTON, of the East Tennessee, Virginia
and Georgia Railroad aud Superintendent
Green of the Richmond and Danville sys-
TEN, who also came in special private car,
and the combined party proceeded south
ward on an extended tour, which, it is said,
VIII include Florida. Northern Alabama,
Tennessee and large part of the Missouri
Pacific system.
CANADIAN ROADS.
NEW YORK, Feb. "a Washington spe-
cial says: Senator German, discussing the
relations OF the railroads of the United
States and Canada, said: "Our roads are at
their mercy. All Iclaim is we must adjust
the law in the future so as to bring that sys-
tenn under ldentically the same regulations
as our own roads, or else relieve our roads
and permit them to make their own rates
aud combine to protect American interests
against Canadian"
NORTHERN PACIFIC STOCK.
Wall-street gossip says it is reported that
RockefellerS interest has sold the greater
| part of their holdings in the Northern Pa
| cific. having made handsome turn in the
| market. A railroad man, very near Gould,
lately bought quite large amount of Union
| Pacific, which he predicts will be the bull
| card in the market before long,
| II is reported that the sales of ahout ten
! millions of the new bonds of the Chicago
! and Northern Pacific to a syndicate of proni-
| nent bankers will be used to reimburse the
| Northern Pacific for advances made to aid
the building of terminals and belt, thus lift
ing about eight millions of the debt.
| REDUCING EXPENSES.
SALT LAKE, Feb 3.-Resident Engineer
! Mccartney OF the Union Pacific has Just re-
| turned from Omaha. He says the Union
| Pacific Construction Department has been
! wiped out entirely and all the property in
| Salt Lake will be shipped to Omaha. The
| Union Pacific will construct nothing this
| year. but hold on to what it has. This man.
| agement will not even put in a switch where
| it can avoid doing so. All the incompleted
work will remain in its present condition.
The Union Pacific is reducing all along the
lsline.