The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-14
RAILROAD TOPICS.
RumOred Scheme 10 Build System From
PHILADELPHIA 10 San Francisco.

ST. LOUIS, Jan. 13.-A special to the Re-
public from Sioux City, Iowa, says: A
gentleman who has been investigating the
matter says TIE WnOna and Southern. the
Pacific Short Line and the Pueblo and Du-
luth are all projects Of the Delaware, Lack
awanna and Western. Barring Bros Of Lon
don were backing the Lackawanna in an
immense scheme to build a system from
Phi ladelphia to San Francisco, and the
roads named were all parts OF the proposed
syndicate The work progressed favoraby
on all the lines until the Barings got
squeezed in the Argentine crash, when it
was suspended. Now arrangements are
completed for resuming work. The story
has the appearance OF truth and has caused
excitement here.
TRAFFIC ASSOCIATION.
NEW YORK. Jan. a. - The Advisory
Board Of the Western Traffic Association
met this morning. 1t transpr red to-day that
at yesterdays session the question or tue
accession Of the Chicago and Alton Rail
road TO the Western Traffic Assoc alton was
discussed. Those present declared that they
would be very glad to have the Alton repre-
sented. The board adjourned in the after
noon to meet again in Chicago April 1St.
The question Of Chairman Walkers salary
was definitely settled, the amount being
fixed at $4,000, The fact that tho Commits
sioDeTs, with Roswell Miller as President.
were reelected uuanm Ously strengthens
the statements regarding the harmony and
success of the association. The rumOr that
Jay Gould would withdraw from the con-
ference was not substantiated.
UNION PACIFIC.
The Wall-street Journals Boston special
says: Union Pacific people say they are
ignorant of any intention on the part Of the
m np IN Gnl a bnlInH the
trust notes. When such step IS made the
committee will Irobably sell them in blocks
to some clearinghouse or syndicate Inc
prospects, however, for further apprecia-
ton Of values are thought TO be too good 10
justify any sales for some time 10 come.
The value of collateral has increased over
S5,000000
CHARGE OF RATE-CUTTING.
CHICAGO, Jan. IA sensation was ere
ated in railroad circles to-day by the re-
ceipt Of private dispatches from New York
outlining the proceed ings Of the Presidents
meeting. The dispatches announced that
Jay Gould had preferred charges Of rate.
cutting against the Burlington road and de-
manded the discharge of General Freight
Agent Miller. If the charge can be cinched
by necessary proof the Burlington viii be
compelled under the agreement Of the West
eIn Traffic Association TO let Miller 90, uu-
less it prefers to disrupt the organization
by Withdrawing from the agreement 1t Is
believed here the latter alternative will be
chosen.
NEW MEXICO PROJECT
SANTA FE, Jan .19.-The Cerrllos Coal
and Railroad Company, with a capital stock
of 81, 5O0,0 coo, has fled a charter with the
Secretary OF State. The charter calls for
the building OF seventy-slX miles of railway
line IN this county. starting at CerrlIlOs. on
the line OF the AtchisOn, Topeka and Santa
Fe and radiatiDg south and west through
the coal and mineral fields TO San Pedro.
This road will open one Of the richest coal
and mining REGION in the West.