The herald., 1897-11-24
Are Likely to Come at Any
Moment
THE WAR IN RAILROAD RATES
MAY SOON INCLUDE TRAFFIC TO
THE COAST
The Valley Road Submits Its First
Annual Report-Union Pacific
Payments
Associated Press Special wire.

Associated Press Special Wire.
SAN FRANCISCO. Nov. 2s.-The
Chronicle will say tomorrow:
Railroad men are in hourly expecta-
tion of the receipt of orders to cut pas
senger rates from this city to Chicago
$3.50. The fight between the Wisconsin
Central and the other roads east has
thus far resulted in a reduction of fares
from $11 to IS between Chicago and st.
Paul. This does not affect the trans
continental business, but the moment
that the cut is extended to the Missouri
river it will reduce passenger rates just
that much from San Francisco to Chi
cago. Present fares are $72.5 for thirty
days first class tickets, $3.50 for first
class limited and $3.50 for second class
tickets. This is on the basis of $50, $50
and $40 from here to the Missouri river,
leaving $3.50 on which the warning lines
can make reductions.
ABAD SIGN
DENVER, Colo, Nov. 23.-This morn
ing General Agent McAllister of the
Morgan steamship line and Southern
Pacific received a dispatch from the
head offices of his company announcing
that the Morgan line will publish, effect
i've November 26, from Atlantic seaboard
territory to Colorado points. Denver and
South, in connection with the Union Pa
cific, Denver and Gulf and Chicago,
Rock Island and Pacific from Fort
Worth, the following schedule of class
rates: First class, s1.43; second class,
s1.15; third class. SO cents; fourth class,
46 cents; fifth class, 40 cents.
This is a cut of 16 cents to meet the
cut of the same amount made Saturday
by the all-rail route. 1t Is claimed that
the gulf lines will make still further
reductions if necessary to maintain the
43 cent differential, while the all-rail
lines are just as determined that the
differential shall not exceed q cents.
MORE POINTERS
CHICAGO, Nov. 23.-The Chicago and
Northwestern road gave notice today
that it had found it necessary to apply
to the Missouri river gateways the rate
made by the Wisconsin Central, between
st. Paul and Minneapolis and Chicago.
The Northwestern says that 1t has found
it necessary to apply the rate in the COM
pilation of through rates. 1t is the gen.
eral opinion that unless the trouble be-
tween the Chicago-St. Paul roads is
settled in the near future it will mean
that the local rates between Chicago
and the Missouri river will be reduced
accordingly.
Late this afternoon 1t was announced
that on Friday another reduction would
be made in the rates, the new first class
rate from Chicago to Denver being $1.03.
The last reduction was to $1.19. Other
classes are reduced proportionately.
THE FIRST REPORT
SAN FRANCISCO, Nov. 23.-The Val
ley railroad filed it's first annual report
with the board of railroad commission
ers this afternoon. The report is for the
year ended June 80, 1897. Up to that
date the competing road had cost 49,,
GA, 1854 OF this amount the sum of ST.
S12, ,23S was spent on the roadbed, track
and bridges. Equipment of the road
cost SAIL, sol. The balance of the. total
sum represented the supplies on hand
last June. Current liabilities on June 80
were $1,119133, but this debt has beer
wiped out by the sale of the company's
bonds subsequent to the time covered by
the report.
The number of people owning shares
of stock is 625. They hold in the aggre-
gate "a, $40 shares. The money realized
by the sale of this stock was So, 439, ,000
The company is authorized to issue a
total of 10000 shares, but it did not
seek to force any shares on the market
last year.
During the year covered by the report
1913 miles of road were operated. The
number of employees and officers was
4S9, and the aggregate of their wages
and salaries was $129,s93. OF the en-
ployes 2e9 were trackmen. Their aver
age daily pay was $1.75. The engineers
averaged S3.57 a day and the firemen
S2.33. Conductors received an average
of s2.93 a day.
A most interesting feature of the re-
port is statement of the company's 8
traffic earnings. The total traffic earn
ings amounted to s20S,S72.6S The pas
senger travel included $30,37S.
From freight shipments there were
earned s17s493. The number of pas
sengers carried during the year was
16,76S, and the average journey of the
passengers II miles. Passenger earnings
per mile of road were $243.
A statement of the freight traffic fOr
the year shows that 111,12 tons were
handled. OF this 31,691 tons were grain
shipments. The number Of tons of floul
hauled was 345 while lumber shipments
amounted to 1851 tons. Vegetables
We're handled to the extent of 1455 tons
and the coal shipments amounted to
1869 tons.
| U. p. PAYMENTS.
NEW YORK, Nov. .23.-The first pay
ment of $19,645,25 to the government or
account of the purchase Of the Union
Pacific railroad was cleared today, as
well as cashiers checks on the National
City bank for nearly $4, 900, 900, which tho
latter sent yesterday to the other ma
tional banks which have been designated
as special temporary repositories fol
part of the proceeds of the sale.
ATTEMPTED ROBBERY.
DUBLIN, Tex, Nov. 23.-An attemp
was made to rob a westbound passenger
train on the Rio Grande railroad at
o'clock this morning about three miles
west Of Dublin. AS the train rounded
a curve approaching a deep cut the en-
gineer observed a pile of rock on tn,
track in the middle of the cut. He re-
versed his engine, stopping the trail
with Jolt, and almost instantly had hi
train in motion again hacking toward