The herald., 1895-11-11
New Terminal Facilities for the
Illinois Central
THE FREIGHT POOL STORY
A. C., B. & @. Train Makes Eighty
Miles an Hour
Train to Make Forty One Titles
an Hour

Associated Press Special Wire.
:ST. LOUIS, Mo-. Nov. 10. The Illinois
Central railroad is said to have purchased
the st. Louis, Belleville and Southern
railroad, which was sold on Saturday, ioI
uss as terminal, which the former road
is badly IN need of here.
l.. M. Chipley, the financial agent, who
made the purchase or 5000 says he
was acting for a syndicate of New York
ers. He refused to state whether this syn
dictate was .cting on behalf of the Illi-
nois Central, but said the real purchasers
would be known within the next two
weeks, when they would meet and reor-
ganize the road. The st. Louis, Bellevills
and Southern road extends from East st.
Louis to Bellevil!e, but has not been put
places. Its right of way extends through
valuable coal region, which is part OF
the railroad property conveyed.
The Illiroi Central for MANY years
past has operated its passenger traffic
into st. Louis over the tracks of the Van
dalia from bingham and from Vandalia,
Ill. Its freight business had operated
over the Vandalia and the Cairo Short
Line. In acquiring the East st. Louis
terminals of the Bellevilie and Southern,
the Illinois Central will be located near
the Cairo Short Line and Mobile and
Ohio freight yards.
CLEVELAND, O., Nov 10.-Harvey
D. Goulder. attorney of the Lake Car
riers' association. said today there was
no foundation for the story from Chicago
m n IN ro ta., ho 10 ro
steamers and railways for the control of
tins freight carrying business. He de-
olared that he had heard absolutely moth
ing OF such q com bination, and he was
sure that nothing of the kind had been
talked of by the vessel owners.
GALESBURG, ILL.,, Nov. io.-What
the Chicago. Burlington and Quincy Off
made by passe nger train this forenoon.
The distarce from here to Mendoza,
eighty miles, was covered in eighty min
utes, including five stops and two slow
ups. Superintendent Rice estimates the
stops and slow-ups caused a loss Of
twenty minutes. This makes the actual
running time sixty minutes, or at the
best run for the Burlington route. The
same train coversd the same distance last
week in ninety five minutes.
TACOMA, Wash, Nov. 10.-Ihe chief
feature or the Northern Pacific's new
schedule, which became effective today,
is the putting on of two express trains
between Tacoma and Seattle to make
the run of forty-one miles in one hour
without a stop. There will be one fast
train each wsy in the forenoon and one
in the afternoon. People on the sound
have been greatly interested in the start
ing of these trains, and the indications
are that they will do the largest part OF
the through business.
SPOKANE. WASH, Nov. 10.-The Bay
State Trust company of Boston has CON-
monced foreclosure proceedings in the
United States court against the Oregon
Railway extensions company and all the
affiliating corporations. The amounts in
volved aggregate over $24 900 600. Tho
principaI defendant is the Orepon Rail-
way Extensions company with, incident
ally, the Oregon RAILWAY and Navigation
company, the Farmers Loan and Trust
com anv, the Union Pacific Railway
company. the American Loan anu Trust
pany ali the receivers of the Union
Pacific and Edwin Mcneil, receiver of
the Oregon Railway and Navigation COM
pauy.
The Bay State Trust company. in con-
cusion represents that the mortgage
given by the Oregon Railway Extension
company constitutes q valid first mort
gage lien on all the property mentioned.
1t therefore petitions for an accounting
of all the amounts lawfully due under the
trust for foreclosure Of the mortgage.