Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1892-06-30
AMONG THE RAILROADS.
The Louisville and Jefferson
vile Bridge Project Revived.
O. P. Huntington Taking Stock and
Wants to See 1t Completed
eral Railroad News.

LOUISVILLE, June o'.-lt VIII not
be very long now, 1t is thought, be-
fore work will be begun on the Lou
i,ville aud Jefiersonville bridge. The
company has only been waiting for
its bonds to find market before
finishing the structure. 1t is now
more than probable that purchaser
has been found, and as soon as the
sale is settled work will be recon-
menced. According to the terms
agreed upon between the stockhol-
der5 and Dennis Long, $SOO,OO0 of the
company's stock will have to be sold,
that amount of money being ne"es-
sary for the work Oh finishing tel
bridge. The Phoenix Bridge Com
pany has already taken $500, 900 of
this stock, but until recently mar
ket was not seen for the other $780,
600.
Mr.. Samuel A. Miller, President
of the East End Improvement Com
pany, Col. William Ray and Charles
r. Long have gone East to perfect a
sale of the bonds. The general i'm
preston is that they are now in con-
ference with G. p. Huntington neeO-
tiating for sale Uf the securities.
For some time Mr.. Huntington has
been anxious to see the bridge
completed, as it will very ma
terially affect t. G Short Route,
much OF the securities of which
he controls. The Short Route
is now scarcely paying its expenses,
and insorder to retain the company
IN its present shape Mr.. Huntingdon
has had on several occasions, to meet
the deficit in the fixed charges him
self. Several of thf se' Sinterested in
the completion OF the structure were
seen yesterday. They agree that
nothing had been definitely settled,
but that the future of the bridge was
brighter just now than. for many
months past. They seem to think
that Mr.. Huntingd n, if he does moi
take the greater part OF the bonds
himself, Will find market where
they can be fioated.
LIGHT MOVEMENT OF FREIGHT.
The end Of this month will show
very light movement of freight II
this territory. The train record To-
the past two weeks shows decrease
against the same period for the month
of May. Shipments of live stock
lumberand produce continue well up
+. but there is decided falling off il
z other lines. Freight men look for
e heavy fall tariff, particularly from
j the local jobbing business. Will
r the tariff is behind last month 1t
: better than it was during the mont
:. of June, 1891, and this year will prot
d ably be far ahead of last year in bu:
mess of all the roads in this territory
-, SOUTH CAROLINA REoRGANIzING.
d. A new phrase in the litigation ovt
i the South Carolina railway has bee
. developed in the filing OF a petitio
in behalf of Fl. w. Smith and Gusta
f. Kissell, first consolidated NOR
1t gage bondholders, asking to be q
LOWED to redeem all the prior lin'
and to pay the sums under deere
le heretofore granted. The petition WI
,g made returnable on the second Mo
IN day in July. Should the prayer
We granted it is thought that the sale
10 the road which was ordered for n
n yember next will be revoked, al
Il. that the first consolidated bondhol
H. ers will re-organize, with ID.
Chamberlain, the present receiver,
president.
AZ. A GOULD RECEIVER IN CHICAGO.
ke II. P. Waggener, of Atchison, h
been appointed receiver Of the Ka
sas City, Wyandotte and Northw
tern, in the place Of Newman 81
zoe resigned. The road has been adv
as' tised for sale and will pass into 4
Gould's hands in about five wee
100 The change practically places \
lie. Gould IN control of the road now,
MIR. Waggener is president of
es' road under the reorganization ms
ied subsequent 10 the purchase OF G.
ch, 81,
rIy trolling interest by Mr.. Gould.
are
Burbank potatoes at Outlaw
3. Blair's. June'-d&W'