The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-05-29
NEWS OF THE RAILWAYS
SANTA FE COMMENCES CUTTING
OVERLAND RATES \
SECOND CLASS TICKETS ALSO
No Action Yet Taken by the Southern
Pacific-End of Cable Railway
Litigation in Sight

Pacific-End of Cable Railway
Litigation in Sight
The Santa Te, tired at last of being hod-
winked by the Southern Pacific in the
scramble for overland business caused by
the cutting of rates by the Canadian Pa
cific, the Northern Pacific and the Great
Northern, has come to the conclusion
that 1t is time to be independent in order
to protect what business it had left, and
has announced a cut in second-class rates
to take effect on June 9TH, from this city
to the east. The rate to ST. Paul is made
$SS in place of $3.50. and to Chicago S44.5
in place of $3.50. There is no rate to New
York as yet but taking the cut to Chicago
as the basis, and adding the rate from
that city to New York, makes a rate of
SCI. so as against the regular rate of $3.50.
The fact of the matter Is that the South
ern Pacific has for weeks past been euchre-
ing the Santa Fe by reason of the cutting of
rates in the north. The Southern Pacific
would not consent to cut from this part
of the state, but their agents made it clear
that travellers could purchase tickets from
this city to San Francisco and then go
to the far east by way of the Shasta route
and northern transcontnental roads at a
much less cost than by the Santa Fe.
1t is reliably stated that the Southern
Pacific last week sold an average of 1900
tickets more than it's customary sale by its
Shasta line, which accounts for the milk
in the cocoanut. Mr.. Byrne, the general
passenger agent for the Santa Fe Pacific
has made a good start but the cut an
nounced will not serve the purpose. for it
only affects second-class rates, and does
not afford any relief to the first-class pas
sengers, who will continue naturally to
take the northern route. Then again, these
cut-rate tickets are sold under what is
known as the rebate plan. That is, the
purchaser pays the full price of the ticket
at the office at this end of the route and
when he arrives at his destination he has
to go to the ticket office at that place an6
identify himself, and then he will be paid
the money due him on the difference of
the regular rate for the ticket, and the cut
rate. This is nuisance and drawback 10
the use of the tickets.
AS an old railway man said yesterday to
the reporter. "A cut-rate in the game of
railroading is just like a bluff in a game
of poker-there is no use making it unless
you are prepared to stay with it, and un-
less you play it for all it is worth" Mr.
Byrne will probably have to raise the
limit.
Cable Railway Suit Ending
The end of the great litigation caused by
the Chicago holders of stock in the Old
cable railway system. is in sight, for at a
meeting of the stockholders of the Pacific
Railway company, held few days ago in
Chicago, it was decided to accept the prop
osition of the creditors of the old company
to settle the litigation on the basis of the
stockholders submitting to an assessment
of 6S per cent on their stock Claims, with
interest. amounting to 100000, are in
volved, and the litigation based on them
has been in the courts since 1890, when the
Holmes syndicate began to go to pieces,
and the great manipulation of street rail-
ways experienced the beginning of the end
for him. In February last the supreme
court of Illinois held that 81, 500 900 stock of
the company had been paid in only to the
extent of the actual value of the prop
erty of the Los Angeles Gable Railway
company, which was taken over by the
Illinois corporation, and that the Pacific
railway stockholders were responsible for
the debts of the company to the amount
they had not paid in their stock.
The creditors of the company have nearly
all agreed to accept 1872 per share, the price
paid by the Chicago financiers for major
ity of the stock of the Los Angeles Gable
Railway company, as the real value of
the property turned over to the Pacific
Railway company. 1t is expected tina:
creditors, who represent about 100000, and
who have not yet signed the agreement,
will soon do so when the attorneys can
proceed at once to wind up one of the most
complicated and tedious cases of lawyering
ever known.
This litigation has nothing to do with the
present railway system or it's owners. 1t
is squabble between the former owners
of the property.
Notes and Personals
The Santa Fe recently handled four
trains of sheep aggregating fifty-five car
loads from Ell Toro to Arizona and Texas
points
The Santa Fe and Southern Pacific
freight sheds will close on Monday decor
alton day. at noon. The ticket offices will
probably be open only from 10 to -.
1t is reported that the Southern Pacific
will abandon the motor line from Pomona
to North Pomona when the Chino brano h
IS open, but this is not credited. The
Southern Pacific does not abandon any
thing that there is any money in operat-
ing.
President William Garland of the ella
Valley. Globe and Northern railway of
Arizona who lives in this city. it at~Ger-
onimo. the present terminus of his line.
The Lower California Development COM
pany has put comfortable steamer, the
st. Denis, on the line from Ensenada to
San Diego to ply in connection with the
Santa Fe's excursions to that city.
The Southern Pacific line to Santa Bar
bara in the region of Sea Cliff, has all been
riprapred with rock recently in a most
substantial manner.
New Time Card
The new time card on the Santa Fe
will go into effect Wednesday, June LIST.
Morning train for San Diego will leave at
S:45 a. m. instead of a. m. The early
morning train for Azusa, San Bernardiro.
Redlands and Riverside will leave at 7:30
a. m. instead of 1885 a. m. The overland
from the east will arrive at S:25 a. nj,
instead of $50 a. m.
Weekday trains to Redondo Beach
leave at $3.50 a. M. 1880 p M, 5:35 p. M
Sunday trains at $50 Il. M. 9:55 a. M, 1 80
p. M, 5:35 p. m, p. m; last train returning
on Sunday leaves the beach at p. IN.
The Santa Monica train leaves at 1905 a.
M, returning al APO p. m. All other trains
remain the same as heretofore.
STTyDY CTIRS