The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-09-17
Complaint Against Joint Traffic
Association.
TRYING TO DIVERT TRAFFIC
Tt is Filed by the New York
Produce Exchange.
1ue SOUTHERN REDUCES RATES
The Shenandoah Valley and the Dur
ham Divisions of the Norfolk and
Western Sold at Public
Auction.

Washington, Sept 16.-The New
York Produce Exchange has filed
very important complaint against the
railroads comprising the Joint frame
Association which carry produce 10
the seaboard, charging them Win
making rates and regulations and CIV
ing terminal provisions for the purpose
of diverting traffic, which should natur-
ally go to New York to other seaboard
cities. including Philadelphia, BATH
more. Norfolk, Newport News and Bos-
ton. The complaint asks for an lnves-
tigation and for the establishment by
the commission of just rates, charges
etc. for interstate transportation,
from Buffalo and the West, to the sea-
board cities and markets.
The complaints quotes the establish
ed rates of grain, flour and provisions
showing that they are from two to
three cents per hundred pounds high
er to New York than to the other
cities except Boston, where the rates
are two cents higher than to New York.
On grain, the Boston and New York
rates are the same and range aboutone
cent higher than to Philadelphia and
Baltimore. But the complaint declares,
in the case of Boston, the defendants
grant shippers twenty days free in
surance which provisions are not
granted to New York. These discrim-
nations, the complaint charges, nul.
lify the advantage of New York, both
natural and those created by the expen-
diture of public and private funds, and
uniustly and unlawfully divert from
New York the trade and commerce
which would naturally flow to it, and
uniustly and unlawfully stimulate and
build up the commerce of the said
competitive seaboard points.
The complaint also says that Nov.
IS, 1895, the defendants Except the
New York. Lake Erie and Western, the
Pittsburg and Fort Wayne and CHI
cago. and the Boston and Albany,)
formed the "Joint Traffic Association"
and that since Jan. /, 1896, they have
violated the Interstate Commerce Act
by their rates and the diversion of
traffic from New York.
In conclusion the petition asks an
investigation, specifically charges the
violations, prays that the defendants
be restrained from continuing the dis
ordinations and requests the commits
sion to fix rates and charges to the sea-
board cities and markets.
SOUTHERN'S REDUCED RATES.
Washington, Sept. 16.-The South
ern Railway to-day filed with the Inter-
state Commerce Commission reduced
rates from Wilmington, N. c., and 9TH
er competitive points in the Carolinas
to cities in Virginia.; from Virginia
- 10 int ha EaoY nd
Yadkn Valley; these are the first re-
auctions between these points made
by the Southern and meet those made
by the Seaboard.
The Southern Railway Company has
filed notice with the Interstate Com
merce Commission of its intention to
restore freight rates in the territory
included in the jurisdiction of Judge
Speer, of Georgia, to the rate which
prevailed prior to September 5th. The
new schedules will go into effect Sep
TENDER %.
MR.. BALDWIN'S SUCCESSOR.
Washington, Sept. 16.-W. w. Fin
ley, was to-day installed as Second
Yice-President of the Southern Rail-
road to succeed W. H. Baldwin a iiidi;stin who re-
signed to accept the presidency of the
Long Island railroad. Mr.. Finley
for several years was connected with
the Southern, being third Vice-Presi-
dent,i and during his service made a
fine record as competent and able
official. Last May enresigned to ac-
cept the position of second Vice-Presi-
dent of the Great Northern. His re-
turn to the Southern is received with
by his old associates.
NORFOLK AND WESTERN BALE.
Roanoke, Va, Sept. 16.-The Shen-
andoah Valley division of the Norfolk
and Western railroad was sold this
morning by Special Masters Sharp and
Bowden. The purchasers were George
Coppel1, J. X. Todd, Victor Morawitz
and w. e. Green, representing the re-
organization committee of the bond
holders Of the road. The required quail
ifcation deposit had been made and
the parties named were the only bid
ders. They offered $1,500,000. The
special masters and representatives of
the bondholders then left for Lynch
burg, where the Lynchburg and Dur
ham was sold this afternoon.
DURHAM DIVISION SOLD.
Lynchburg, va, Sept. 16.-Messrs.
Bowden and Sharp, United States
Court Commissioners, sold here this
afternoon the Durham division Of the
Norfolk and Western railroad. The
only bid was one of five hundred thou
sand dollars made by the bondholders
reorganization committee.
COMPLETE FUSION IN FORSYTH.
Nor,nnc,.ats and Ponnlists Nominate q