St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-11
COMPETING ROADS ENTER A
DEMAND THAT HAD TO BE
s GRANTED.
scALPERS HOLD TICKETS.
BOSTON EXCURSION RATES LOW
Err NOW ON ALL THE EAST
+, ERN LINES.
BAD ADvICEs FROM DENVER.
brokers Reported to Be Securing
P1eces of the Teachers, EN-
cursiOn Tickets,
CHICAGO, July 1o.-More compli-

CHICAGO, July 10.-More compli-
cations have arisen over the sale
OF CHRISTIAN Endeavor tickets by the
Erie road, and this time they are of
nature to threaten, the regular tar
If rates between Chicago and New
I ork and Boston. The Erie having
In some manner run out of the reg
ular Christian Endeavor excursion
tickets, sold about seventy-fiye tick
cts of another form to people ask
ing for excursion tickets and quite
a number of them found their way
into the hands of brokers-the lat
ter part of the transaction being.
however, through no fault of the
Erie people. The brokers, who have
for several days been using every
preteXt to break the market. were
not at all slow in letting it be known
that they had become possessed of
the Erie tickets, and Immediately
storm arose. Vice-Chairman DON
aid, of the Central Traffic associa-
ton, was at once overwhelmed with
protests against the action of the
Erie and demands were promptly
made upon him for relief under the
association rules, which in this in
stance permits all competitors of the
Erie to sell tickets today and to-
morrow at the same excursion rates
as were used by the Erie. He grant
ed the demands, as he was bound to
90, and now for two days all the
Eastern roads out of Chicago are
prepared to sell tickets at the same
price as was asked for the Erie ex-
curslon tickets to the Christian En-
deaVor convention. The Erie peo-
pie claimed that the sale of the tick
cts was an error, and as soon as
1t was learned that any of the tick
cts were in the hands of scalpers
they made every effort to recover
them all, and in great measure they
were successful.
DENVER RATES.
The Western roads are becoming
somewhat weary over the repeated
reports that the return portions of
teachers tickets are finding their
way into the hands of brokers, and
that east-bound rates from Denver
are threatened. There seems, how
ever, to be more smoke than fire
about the matter. The brokers are
unquestionably getting hold of a
number of tickets, but not in a
sufficient number up to date to be
able to create any demoralization in
rates.
The Railway Age in it's next issue
viii say upon the subject of railway
receiVerships and foreclosures in
1895: "A year ago, on June 80, 1894,
receivers We're operating 156 rail-
ways in this country, representing
about $4,000 miles of lines and $780,
100000 of apitaliZation-that is,
about 25 per cent of the then exist
ing mileage, and about % per cent of
the combined capital stock and
bonds. Within the past twelve
months forty-siX roads, representing
6,723 miles of lines and $343, 900, 900,
have escaped from the hands of the
courts through the door of foreclo-
sure sales, reducing the number now
in receivers hands to 136, although
the mileage and capital involved are
not very much less than a year ago,
owing to the slow work of reorganiz-
ing few great companies that fur
nish the bulk of the aggregates.