The herald., 1897-11-11
FREIGHT TIME CARDS
TO BE oRDEnxD BY ComKERCH
CollussIoN
Free Storage System Has Come to Be
an Abuse Needing Correction.
Tra11c Notes

| | AA0AAAS &NVS0B
WASHINGTON. Nov. 10.-The indi-
cations are that the interstate COM
merce commission will issue an order,
in compliance with the petition Of the
American Warehousemen's association,
against the railroads Of the country re-
Quiring the railroad companies to pub
lish on their tariff sheets and otherwise
a uniform time for completing the de-
livery Of freight of all classes. The
opinion is expressed that this will be
found to be permissible under sections
I2. 8 and of the interstate commerce
act, and also under the decision of the
supreme court. 1t is believed that the
order will be satisfactory to both the
warehousemen and the railroad man.
ayers.
The order will be intended to meet
the complaint of the warehouse owners
that the practice has grown up among
the railroads Of giving free storage to
shippers in order to get business.
amounts to a discrimination in favor Of
the shippers. who, by the extent of their
business, are able to force the conces-
sions from the roads.
The final hearing in the case arising
under the petition took place before the
commission yesterday, and the repre-
sentatives Of the railroads admitted that
the free-storage system had grown to
be an abuse which they were not able
to control.
Sixty-nine railroads were complained
of in the petition.
The case was heard at Chicago last
June, and since there have been hear
ings at Cincinnati, St. Louis, Detroit
cleveland, Buffalo, New York and Phil
adelphia. The commission will now re-
consider it's decision without further
hearings.
OREGON AFFAIRS
| PORTLAND, Or. Nov. 10.-A special
meeting Of the board of directors Of the
Oregon Improvement company was held
here today for the purpose Of authoriz-
ing the transfer of the company's prop
erty recently sold in Seattle to the re-
organization committee for $1,000,O00. A
motion authorizing the transfer of the
| property to the reorganization COM
tee was passed. but the date was not
definitely settled. An effort will be made
to pass the title December 1st
| The property of the Oregon Improve
ment company is situated in Oregon,
Washington and California and is es-
timated to be worth $1S,000,0O0.
Judges Gilbert and Bellinger Of the
Federal court today passed an order
confirming the sale of the property, and
similar order will be made in San
Francisco. which will practically sepa-
rate the property from the jurisdiction
of the courts.
John I. Waterbury, chairman of the
reorganization committee, stated that
extensive improvements are contem-
plated for the betterment of the COM
pany as soon as the transfer is made.
These improvements will. it is said. oc-
casion an outlay of $1,000,000.
MILLIONS OF MONEY
| WASHINGTON, Nov. 10.-The secre-
tary of the treasury today received from
the National City bank of New York
50, 5000 in United States bonds as Sc
curity for the part of the Union Pacific
purchase money to be deposited with
it and other New York banks with a
view of preventing a contraction Of the
currency by reason Of the withdrawal
| by. the organization committee of the
amount of their bid for the Union Pa
cific road. The National Bank of the
Republic also has deposited $S00,000 in
bonds for the same purpose. The trans
| fer Of the 81, ,645, ,250 in bonds in the Union
| Pacific sinking fund will entail upon
| Secretary Gage considerable labor, as he
will be obliged to sign his name 924S
times, duty that will occupy all of his
| time not otherwise taken up for a week
or more.
| UNION PACIFIC EARNINGS.
CHICAGO, Nov. 10.-The gross earn
ings of the Union Pacific railroad for
the month of September were $2,09S. AIT.
against s1,630,92 for the same month
last year; increase, $467 ,497. Operating
expenses were $1,276,S71, against $1.097,-
DOL last year; increase, $179,370. Net
earnings were $SS2,O46, against $553,919
last year; increase, $22s,127.
| From January 1st to September 30th
gross earnings were $13, 70S,01S, against
$11, ,696, 81 for the same time last year;
increase, s2,011,147. Operating expenses
for the nine months were $S,S95.0S2,
against $7,S24, ISL for the same time last
year; increase, 81, 100, ,391. Net earnings
for that time were 81, ,722,936, against
SO, 81, ,72O; increase, $S50,216.
AFTER THE SCALPERS.
! CHICAGO, Nov. 10.-United States
Senator Cullom, chairman Of the senate
committee on interstate commerce, has
prepared report on ticket scalping. the
result Of which, he says. will be to send
the bill for the prohibition of ticket
scalping through with rush as soon as
congress meets.
Senator Culloms position on the ques-
ton is very important. AS chairman Of
the committee which has the matter in