The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-07-24
TONNAGE is SCARCE
GRAND SCRAMBLE TO CHARTER
ATLANTIC VESSELS.

Vessels Arriving 1t Atlantic Ports On.
loaded In . Burry-Oid Crop Getting
Out of the Way Of the New-Baitimore
and Ohio Separate Recsivership-Mfs-
souri, River improvements.
Philadelphia, July 23.-The demand
:o-evesseis in all the lines OF foreign
| and coastwise trade continues and rates
are advancing because OF scarcity OF
| tonnage. Railroads are sail to be block
ed with coal for coast ports and vessels
arriving with cargoes are being discharS
ed on their arrival quicker than ever
before. Steamers for grain continue 10
oe in good demand for July, August and
September loadings. For August load
| ing the italian steamship Boyne was
yesterday chartered TO load 1900 quar-
tiers OF grain al this point al shillings
and 6 pence per quarter, 10 Cork. for or
| ders, and the Matthew Bedlington was
engaged a. 3 shillings. IL pence per
I quarter for September-October loading.
The British steamship Imperial Prince.
new in port, was also chartered to load
for Cork for orders a, shillings and 3
pence.
There Is also a demand for vessels to
lead cotton at southern ports for Liy
erpool, Havre and Bremen. Trainloads
| 70 wheat and corn are being hurried
from the west to Philadelphia, Baltimore
and Newport News TO make way for the
new crop. part of which is being for
warded for shipment on foreign account.
THE GALVESTON CUT RATES.
+ Galveston. Tex, July 23.-Daniel Rip
ley, general agent OF the Lone Star line,
in commenting on the New York meeting
says his company entered the field 10 Go
a reasonab bic, legitimate business and is
here 10 stay. The Lone Star people did
not attend the New York conference, il
is explained, because on the fret day.
it was announced that tine meeting was
confined to members Of the Southwest
ern Traffic association. The Lone Star
line. Mr.. Ripley says. was not the ag-
gressor in this rate war. The Mallory
line started the cutting, and the Lone
Star followed suit. He thinks i. is in
cumbent upon the Southwestern Traffic
association TO discipline its unruly men,
association pledge.
Chicago, July 23.-The rate situation on
Galveston is steadily growing worse, and
| the probability is that it will soon be
necessary for the railroads to enter the
| fight, and this will mean that the rates
between Denver and Chicago viii be re-
| duced largely. The worst feature of the
| fight between the steamship lines appears
10 be that there is no manner in which
the roads are able to stop the fight be-
tween the steamship lines, which is the
cause OF the trouble. No great amount
of freight has gone from Chicago TO the
/ Atlantic seaboard by way Of Galveston.
but if the low rates are continued, it will
be likely that the bulk Of the freight
which is not in a hurry to reach the
consignee will be sent that way. There
viii be no easier way about it unless the
roads reduce their rates.
CALDWELL NEEDED AT HOME.
Chicago, July either is trouble with
the passenger rates in nearly all parts Of
the territory OF the Western Passenger
|
| increase i, will be necessary for Chair
man Caldwell 10 hasten home from San
| Francisco. for the rate situation will be
worse in this part Of the territory OF the
| association than In San Francisco. The
| general trouble is not confined to any
part OF the territory, but the complaint
! is general that rates are being cut. lie
gal commissions are being paid. and va
/ rious other inducemtnS are being made
10 secure traffic. The trouble seems 70
| be that the executive committee OF the
/ association is holding no sessions these
| DAYS. Nearly all Of its members are out
of the city, and with the chairman away.
| there is nobody 10 keep a tight hand over
the roads, which are likely TO disregard
| the provisions Of the agreement.
SEPARATE RECEIvERSHIPs.
Baltimore. July 2S.-Judges Con- and
Morris, in the United States circuit court
here today granted an order enabling the
holders OF the first mortgage bonds on
| ;ne Chicago division OF the Baltimore
ard Ohio system 10 sue in the courts OF
| Ohio. Indiana and Illinois for separate re
oeivers for portions OF the road. The
order was the result. Of compromiss
reached by counsel for bondholters and
| the present receivers and carries with IL
an agreement that no attempt will be
| made in the western courts to obtain
| possession % the road. II Is understood
that the mortgage holders will apply in
| Chicago Cor receivers. and. upon their
appointment, bring an action into the
| court
The property in controversy is an i'm
portant part OF the road. furnishing the
western traffic for trains 0. that line.
! The petitioners in the case are c. II.
| Coste-, J. II. Wilcox Brown and James
| Bond. substituted trustees under the
| mortgage % 1895 20 secure payment OF
II 1900 600. most OF which is held abroad.
| ana il is generally believed that action
was brought az the ins1igation q J. P.
| Morgan & Co, % New York. with view
10 obtaining greater influence in ne
affairs Of The system than they now pos
sass and ~ placing themselves in a %
sition 10 effec,usliy check any ac-lon up
81 TIE part OF The receivers of ne o.he-
portions % tie road OF which they Do
10; approve
| MISSOURI RIVER IMPROVEMENT
Washington. July Z3.-Cap;aia J. c.
Sanford % the engineer cS-ps. has sub
1.i.;ei 20 the war department rep7-; On
| ne improvement: CT the Missou-i river
a; AMI above Sioux City. Iowa. AMI II
the Yellowstone -.ve- IN M1n;sla \
6,ka u-zs ,-,s5- SAYS -l- -s71-- TN ne