The Wichita daily eagle., 1897-11-12
LINCOLN ITS HEAD
TILL A PRESIDENT OF THE PULL
MAN COMPANY Is ELECTED.

land Bond Refundins-ChanEe In Wa
bash Time eScheduIes-V -Vanderbiits Afte
the .CIover Leaf'-Eastern and North
western Freight Rates-Western Lines
Mileage Ttcket-Railway News.
Chicago, Nov. ia meeting Of tn
directors of the Pullman Palace Ca
company was held today. Robert 7
Lincoln was elected director. Tn
| most important action taken was tn
| appointment of an executive committe
consisting Of E. H. Huber of New Yorl
and Marshal Field and Robert 7. Lin
coin Of Chicago, which will have charg
Of the general affairs Of the company
Robert T. Lincoln was elected Chairman
| Of this committee The election Of /;
president to fill the vacancy caused b.
| the death Of George NJ. Pullman wa
] postponed. Todays action. however
practically makes Mr.. Lincoln presiden
| Of the Pullman company.
CAR-BUILDER RESIGNS.
OclIOlk, ~hlCll., -NON. h.-JOScpl y
| lor, secretary of the Michigan-Peninsu
| lar Car company, resigned today. Mr.
| Taylor is considered to have been th'
| leading figure in the building up Of tn
Michigan car works and in the Michi
| gan-Peninsular Car company since th'
| SS, ,000, 900 consolidate of the two con
Germs five years ago. Mr.. Taylor had {
! five-year contract with the corporation
which recently expired and which n
| ager McGregor and his son, the super
intendent, recently resigned under simi
lar circumstances.
ROCK ISLAND BONDS.
New York, Nov. 1.-THE statement
was made on high authority today tha
the committee having in charge the re-
funding Of maturing issues Of bonds o.
the Rock Island company has accepted
a proposition to refund into per cent
bond all Of the Rock Island issues a:
they become due One block Of s., ,OOO, ,00(
natures in 1899.
UNION PACIFIC DEPOSIT.
New York, Nov. 11.-The National
City bank has deposited SO, coo, 900 in gov.
ernment bonds as security for govern.
ment deposits under the Union Pacific
plan. The National Bank Of the Repub-
lie has deposited bonds to the amount OF
sSO0,0OO for the same purpose.
WABASH CHANGES.
St Louis, Nov. 1.-THE Wabash will
change time on Sunday, November IA.
With this change the company will in
augu-ate a line of through buffet Sleep
er5 between Kansas City and Buffalo,
via St Louis, leaving Kansas City at 20
p. M, arriving at Buffalo at TAO the SEE.
ond morning. Returning sieepers will
leave Buffalo at Ii p. m. and arrive at
Kansas City at Ills a. m. the second
morning. The running time between
Kansas City and st. Louis and Toledo
will be shortened forty minutes. No. /
will be new train out of Detroit, Ieav-
ing at 1890 p. m. and arriving at Chica-
go at S:35 a. m. With the change the
company will also resume through ser
vice between the Missouri river and
the east via Hannibal, and a new train
out Of Kansas City at 1 a. m. will carry
a through chair car from Kansas City
to Buffalo, arriving at destination at 6:l0
p. m. next day. Westbound, the new
line Of through chair cars via Hannibal
will run into Kansas City on a new
train, arriving at 4:3O p. m. next day.
GLOVER LEAF GOBBLED.
ST. Louis, Nov. 1.-THE Republic this
morning says:
"It was stated on the authority of a
well posted railroad man that a rail-
road deal is on hand that will be of vi
tai interest to all the railroads in the
Joint Traffic association. The deal is
no less than the acquisition of the To-
ledo. st. Louis and Kansas City, COM
monty known as the Clover Leaf, by the
Vanderbilts. The deal, 1t is said, is be-
ing manipulated by J. Pierpont Morgan,
and the Clover Leaf is to be made a di-
vision Of the Michigan Central railroad.
''The scheme is of great interest to the
railroads Of this section, not only be-
cause it will give the Vanderbilts an
other line into this territory, but be-
cause 1t will. in all probability, end a
great deal of che rate trouble which has
bothered the lines of the Joint Traffic
association for a long time. The Clover
Leaf has long been a disturbing ele-
ment and has given the Joint Traffic
association more trouble than any other
road within its territory"
EASTERN FREIGHT RATES.
Chicago. Nov. 1.-THE situation in
eastern freight rates continues to grow
worse instead OF better. and there are
no signs Of Improvement. Nearly all OF
the roads declare that their competitors
are cutting rates in defiance OF all
agreements to the contrary and from this
situation TO open reductions is only a
short distance. Il is said that the atten-
ton Of the Joint Traffic association will
be called to the matter, and if il does
not bring up the worst offenders with a
round turn, it is likely that an open war
in rates will be the result.
LITTLE TO ARBITRATE.
New York Nov. 1.-THE Mail and
Express says today: General Manager
Hayes OF the Grand Trunk. who was in
the city yesterday, announced that tife
management Of that company would at
all times and at all points meet the
competition OF the Canadian Pacific as
it saw fit and without consulting COM
petitors on this side OF the border This
isS opposed TO refer 70 the recent 500 in
cident, when the Grand Trunk openly
met its cuts. in open defiance 10 the
"a