The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1897-12-14
KANSAS PACIFIC SALE
IS ORDERED POSTPONED FOB
SIXTY DAYS
Traffic in Washington State Delayed
by Landslides and Washouts.
Bond Redemption

ST. LOUIS, Dec. 14.-Judge Sanborn
in the court of appeals, has granted q
postponement Of the proposed sale OF
the Kansas Pacific road for sixty days.
A NORTHERN STORM
SEATTLE, WASH, Dec. 13.-The heavs /
lest rain storm Of which there Is any rec-
ord prevailed here between 10 p. m. last
night and 10 a. m. today. During the
twelve hours ETA inches of water fell
The effect has been to swell all the
rivers and to threaten freshet. The
Northern Pacific train was delayed for
several hours by a Slide in the southern
end Of the city.
While workmen were clearing away a
slide at Richmond bay on the Great
Northern track another cave-in oc-
Cured and several men are reported in-
jured.
Full details have not been received.
DR.. ]. B. Eagleson, the company's SURF
geon, who has just returned from the
scene reports that there We're no fatal.
tiles.
In consequence of the interruption the
|Great Northern eastbound overland
was annulled this afternoon.
TRAINS STOPPED
TACOMA, WASH, Dec. 13.-There are
three landslides on the Northern Pacific
near Seattle which prevents the running
Of trains between Tacoma and that
point, but the track is expected to be
cleared by morning.
BOND REDEMPTION
WASHINGTON, Dec. 13-secretary
Gage has isseud a public notice to the
effect that on Friday, December "a, 1897,
the treasury department would be pre-
pared to begin the redemption, without
rebate of interest, of the bonds issued in
aid of the Pacific railroads, commonly
knows as currency IS, and maturing
January 1, 1898; and that checks will be
mailed on December "a in payment Of
principal and interest to maturity of all
bonds presented before that date. The
aggregate of the bonds maturing on
January is $29, 1904, 1852, of which SO, 614,-
12O was issued in aid Of the Central Pa
cific, $15,919,512 of the Union Pacific,
81, 423, 900 of Kansas Pacific. 100000 Of
the central branch of the Union Pacific.
and $1.62S,320 of the Sioux City and Pa
cific. The net cash balance in the tras-
| uTy WILL Uc ucCIcdSSO Ny SACoS cCP0A dt0
amounts as paid. On January /, how
ever. the cash will be increased by about
SIT $1,000 due from the reorganization
committee, and during the first week in
january by $S,5oO,ooo additional. making
the net loss to the cash about 81, 405, 900.
wESTBOUND RATES
SAN FRANCISCO, Dec. 13.-The
Southern Pacific company has completed
its tariff Of westbound commodity rates
agreed upon at the recent meeting Of the
Transcontinental Freight bureau in
Chicago, and the tariff has been issued
to take effect on the 18th inst. The new
tariff provides many advances In rates
from Chicago, and New York on those
commodities which have heretofore been
carried for from so to 76 cents per 100
pounds in carload lots. In some In
stances the advances are as high as rs
per cent above the prevailing rate. The
only reduction is on the item Of spoons
and forks. The water and rail line Of the
Southern Pacific via New Orleans will
charge the same rates on shipments
westbound from New York to Califor-
MIA as the all-rail lines Will charge from
| Chicago.