davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1899-05-11
WALL STREET AND EXCHANGES

OUTSIDE SECURITIES-Market active and
hrm. Standard OIL closed at 4s594Ss against 4eo1D
800 on Monday Last prices Of the other prominent
issues were: Amsterdam Gas. 351laas; preferred
63aa 065; Car Foundry. 23lz62i; Air Power SO: Elec
trio Vehicle 114dll6; Bay State Cas- z1Q3: Havana
Commercial. S%QS7: preferred, 671kassA; Rubber
Goods, 3lq52 preferred soas1
GOLD FROM AUSTRALIA.-Gold to the amount
OF h5ocoo has been shipped from Australia to San
Francisco.
STOCK EXCHANGE SEAT REcORD-A seat
on the Stock Exchange was bought yesterday for
$4,000 the highest price ever paid for a seat
FOREIGN TRADING - London prices were
strong and arbitrage houses bought heavily IN this
market. Purchases for the foreign account were
estimated at above sixty thousand shares with
Atchson preferred Union Pacino Louisville and
st. Paul furnishing the bulk
CHARACTER OF BUYING.-F1ower brokers
were active buyers throughout the day; also the
Standard OIL brokers and Keene brokers' All Of
the leading interests In the Street expressed the be-
lief that liquidation had it's course and that the
short interest in the indusrials traction
was heavy. Inside interests bought the steal
stocks. and in pearly every stock tho list good
buyers were the chief buyers.
SECURITIES L1sTED.-The following securities
have been added to the Stock Exchange list: Three
hundred and fifty thousand dollars additional nrs,
mortgage per cent gold coupon bonds OF asN NJ
the Texas and Pacific Railwa Company making
the total listed s2i66s0o; ss2eD additional general
mortgage per cent sinking fund gold bonds OF iata
Of the Colorado Fuel and Iron Company. making
total listed s2sosooo; N2.5ooooo additional common
New-York tribune., 1899-05-11
To THE BONDHOLDERs OF
The Recker. Jones.JewaIl Milling Company

The UNITED STATES FLOUR MILLING CoMPAs'
organized the 27th day OF April 1899 unde' w
laws OF the State Jersey, and has since seeo
about nine-te II the entire capital stock On
HECKER- R-JoNEs-JEwELL MILLING COMPANY s~
the mills located IN sy acuse. Buffalo. Milwaukee
perior and Minneapolis.
Under the agreement with the stockholders ana 80 49,
holders. Ali OF the above mentioned stock and 80
proportion OF the bonds OF the HECkEk7JoN.
JEWELL MILLING COMPANY have been exchansse
through the FRANKLIN TRUST COMPANY fof @
new stock and bonds Of the UNITED STATES FSo
MILLING COMPANY. and II Is. In our opinion. 70 n 70
interest Of all holders OF securities OF the HfShh"
JONES JEWELL MILLING COMPANY to convert tnena
into the securities OF the new company as rapidly
possible. a.
Full details In regard 20 the Organization OF 'a
UNITED STATES FLOUR MILLING COMPANY can "
obtained at the ONCE OF the FRANKLIN TRUST W.
PANY Montague Street. Brooklyn.
Dated May 9Th. 1899.
GEORGE II. sOUTHAkR
WILLIAM A. NASH.
c. GERHARD MOLLER.
Commiftess
New-York tribune., 1899-05-11
THE TRADE IN CHICAGO.

Chicago May 10 (SpeciaD.-The entire wheat
range to-day &c. everybody awaiting the
Government crop report, which was to be out in
the afternoon The assumption was that II would
show a considerable decline from April estimates
while the market lasted, ranging from Tic to 7Sc The
official announcement did not confirm fully this
expectation. The uncertainty so great that
no one during the session was inclined to do more
than up. July opened at 7g4c, sold between
72lgd71%c bid. and closed at 72c The May closed
at 7O7sc. Large -four shipments from Baltimore
made fair 900 bushels from all ports
Liverpool was practically unchanged. THE Orange
Judd Farmer made its May condition for winter
wheat 1875 and estimated that the winter wheat
total would not exceed 3000OO.000 bushels The Gov
ernment report issued in the afternoon made the
winter wheat condition 1862. and estimated the area
at 259oOO0O acres. suggesting total winter wheat
Weld OF 100000 bushels. compared with SS2oooooo
bushels last year Northwestern receipts light
1856 cars compared with 2sS last Wednesday and 42l
last year. Here there were 81 cars compared with
Sc last Wednesday and 246 last year On the curb
July wheat price was weak. selling off to 71sc and
closing 71ssc, breaking under Government per-
centage.
There were rumors all day from Buffalo Of an i'm
pending settlement Of the strike. The big men
here took It for granted that the strike would be
settled soon, and they covered their short lines.
Patten alone took in a million. other shorts foi-
lowed his lead Prices all day were within 14c
range. and last figures were about the same as
Tuesdays July sold at 33l.c and at &c. and closed
331sc. May closed at 32Ac There were small
recepts-l0l cars with 10 estimated for Thursday.
There was good shipping business. notwthsts nd
Ing the blockade at Buffalo. about 10000 bushels
being worked at roundabout routes. Liverpool was
steady. Seaboard clearances were 1900 bushels
New-York reported 35 loads for export. The settle
ment of the Buffalo strike would help prices here.
The weather over the West keeps perfect
Oats were steady for the reason corn was
falr shipping demand. Last prices were shade
sellers and September aA4c. There were 27
ceved and 290 estimated for Tomorrow aboard
clearances were 5000 bushels Shipping sales from
here were about 10000 bushels. New-York was
buying futures. indicating some cash business there
Flaxseed was erratic again. Influenced possibly
by severe break in the stock of the American
Llnseed Company. The American company IS sup
posed to be the big holder OF seed. May faxseed
lost &c, July Sizc and September &c. There was
some recovery from the bottom, May closing at
81 10. July at 90 and September at 2c. MINNEAPOLIS
had no cars. Duluth and Chicago a.
Commission house liquidation caused further
decline In provisions pork closing 0c under Tues
day, lard DC under. ribs 2iac under There is little
support to prices There were $4,000 hogs with
10000 estimated for tomorrow; prices were 5dl0c
lower
On the curb puts July wheat closed at 7o,bc,
calls 72@c Puts on July corn sold at S2%c calls
33c
New-York tribune., 1899-05-11

r~...n~.. so s15 sso: balances 81 7o2. TAI. Balu-
more-Exchangee. S5s45.021; balances. s2ZzooS'
FOREIGN MONEY MARKET.-Cai money ~
London. Ia per cent. Open market discount re-
2x per cent for short and S-18 per cent LOT io"s
bills. Berlin discount rate, 3ss per cent far's. eA-
change on London. 20 marks 45ls pfenngs. ra'''
exchange on London. % francs 10Y ceh,ihes
TTrpOpEAN SECURITIES - British consois
11o ila for money and 40 3-16 for the account
French rentes. 1o2 francs 40 centimes spanish -
in London. CO.'S -,. >,ox -
THE SILVER MARKET.-Bar silver oi'sc ,e. MeA
lean silver dollars. 4ss.c. Bar silver III io"'0'
2sssd. 1,-, A.
Buenos Ayres 1850: Rome 67'.
New-York tribune., 1899-05-11
F. J.LISMAN s. CO.,
PHILADELPHIA. April 20. 1899.
To the Holders of Securi-
ties of the Kansas City,
Pittsburg & Gulf Rail-
road Company and Its
Terminal Companies.
30 BROAD ST.. NEW YORK.

The recent change in the personnel Of the Re-
ceivers has not in any way injured your inter-
ests: your Committee was represented at the
hearing by counsel who spoke also on behalf OF
the foreign holders. and We feel assured that
the property will continue to be managed oy ne
new Receivers for the beneft Of it's security hold
ers only and that they will not be influenced BY
rival competing interests
The real matter in controversy is the method
of reorganization. The Committee first ".
pointed, after four months delay and repeated
promises to announce a plan, have failed to 90
So and Notwithstanding that several OF It's orlg-
nal members have Withdrawn. the Commlttee
refuses TO return any Of the bonds which have
been deposited with 1t upon the faith OF lts
promises
1t was by reason Of this delay as well as OF
the unsatisfactory nature OF the plan, that II
was intmated the first Committee would pro.
pose, that the undersigned have been requested
to act as a Committee 10 protect your Interests.
Your Committee advise all holders to refrain
from deLositing tn cir se"srities with any COM
mittee until proI er plan OF reorganization mas
been formulated. 80 that they will know inc
terms they agree to before they deposit tnen
bonds and be subjected to neither risk nor OK
pense II they are not satisfied with the plan pro-
posed.
Your Committee expect to announce plan OK
reorganization as soon as II can be properly ios-
muated 80 as to do justice to all interests in'
volved, and which plan 1t Is expected VIII 70
ceive the support Of the foreign holders, repIs,
senting, as We are informed a majority OF o."
the securities affected. ..
Pending such action ask the security noio-
ers to communicate with the Chairman OF tno
Committee. care Of The Equitable F<ust Com,
pany. Philadelphia. giving their addresses an. anu
amounts OF their respective holdings. so tnss
they may be directly and promptly inform~
when the plan is formula ted
WILLk MF. HARRITY. Chairman. /.
B. N. BAKER (Baitimore).
AUGUST HECKShER New York;.
SAMUEL r. StilPLEY.
SILAS w. PETIT.
WINTHROP SMITH.
New-York tribune., 1899-05-11
THE DAYS OPERATIONS IN STOCKS.

Higher prices for American securities in Lon
don and heavy buying for the foreign account
were important factors in shaping the course
Of values in the local market yesterday Snorts
covered throughout the list, and the advancing
tendency Of prices attracted good-sized comnis-
sion house buying while inducing many traders
of bearish proclivites to change their atttuoe
on speculation. The market was oVersold on
Tuesday but it reached level most inviting 10
people who have not been actively engaged III
onerations for many months. Stocks are now IN
stronger hands than they have been IN the last
ak months and 1t looks as II new buyers "ouiu
have TO get in" on an advancing scale TOT soiiie
little time to come. Irregularity incident 10 'ne
violent collapse Of Monday and TUESDAY Is proo-
able. but further material setback appears uh-
likely at present. Technical conditions 90 ho'
warrant further aggressive selling Tor the shor'
account, while actual conditions governing the
intrinsic worth Of securities are all In faVor Oh
. sustained advance Several big bears are
again working on the bull side. ana seVerai
large houses that liquidated their loans last
,,eap arc again in the market. One of the most
nronn,nent houses in the Street, which paid on
50 OOOOOO in loans last week. borrowed SSOoVoO
Yesterday. All the prominent houses bought
their favorite issues in yesterdays market
Investment securities were in good demand
and the local traction issues and most OF the
industrals sold higher under the lnnuehce vi
covering purchases and commission buylne'- Inc
advance was pronounced in the last hour, ana
q, the close net gains of from ] to q per cent
were recorded in the greater numoer OF issues'
with even larger advances In some or the more
active stocks such as Brooklyn Rapid Transit
and the steel stocks Foreign buying was heavy,
areitrage houses taking from 10000 to I0.OOO
shares and while part Of these transactions
NAV have represented dealings for New-York
account. the foreign exchange market reflected
a genuine transfer of securities from local TO Eu-
ropean BUYERS London and Berlin have sold
enormous amounts of American securities in this
market in the last year. but II yesterdays de-
mand for the foreign account can be taken as
an indication Of the foreigners future attitude
on American stocks. the international move
ment Of securities this summer Will be largely
in favor Of this country. The Government crop
report published after the close Of business,
made favorable showing giving percentage
for general conditions at 76.2 on May l. as
against 10 per cent April J. and 500 per
cent on May /, 1898. AS conditions always turn
out better than Government estimates, the state
ment is most encouraging.
Total transactions amounted to 1.OOS,324
shares with the heaviest dealings in Brooklyn
Rapid Transit Sugar Refining. Atchison pre-
ferred the Granger stocks. Manhattan Union
Pacific the Steel issues Peoples Gas, Northern
Pacific common. Continental Tobacco and Read
ing first preferred. The close strong and
animated, with prices near the best Of the day.
New-York tribune., 1899-05-11

RAILROAD BoNDs.-Market moderately active
and strong at small final changes. Total sales
amounted in par value TO s2.719OOO against So 165
600 on Tuesday. The heaviest dealings in the
Atchison issues. Central of Georgia 5s. Kansas and
Texas issues. Norfolk and Western consol As Read
ing As 81. Louis and Iron Mountain IS. ST. Louis
Southwestern issues. Texas and Pacific DDS. Union
Pacific As Wabash debenture Bs. Hooking Valley
4iss. Mexican International As, Northern Pacific
general lien 3s and Wisconsin Central LIST receipts
In miscellaneous issues Standard Rope and Twine
incomes were strong and active features.
New-York tribune., 1899-05-11

DOMESTIC Orleans - Com
mercsl. 81 Is discount; bank. 81 premium. San
Francisco-6ight. Tzc; telegraph. 1Oc Cincinnati
Over the counter SOC premium; between banks. 10c
premium. Savannah-Buying Lice discount; sell
ing. 75c per $1,000 premium. Charleston-Buying.
par selling. hc premium. Boston-10912isc dis
count and par Chicago-Par. st. Louis-Par.
BANK CLEARINGS.-New-Yor York - Exchanges.
f2S6,S64.419; balances s92oi.is7. Chicago - Ex-
changes. 59s2: balances. s2.ess 1856 Boston
New-York tribune., 1899-05-11
40 THE HOLDERS OF THE
Por Cont. Mortgage Bonds Of ~
THOr1AS IRON COMPANY.

Holders Of the per cent Bonds OF the fhomssa afs
Company. secured by mortgage dated July u a. 10
hereby notified that the Company In the Souds ard
accrued interest Its once. No so Wall street is-3
the Office OF the Farmers Loan and Trust CompsX sSes
which date ints~est Viii cease: r-...rsc
Eastou. Pa. March u. tSeA Thomas hon S0as :
New-York tribune., 1899-05-11
AMERICAN SECURITIES ABROAD.

London. May TO- p. m.-American securities
after dull opening. were more active and frmer.
with Atchison preferred the feature The close
was steady. with moderate demand. Last prices
follow Atchison. 1SZ; Canadian, 1O0t; ST. Paul.
1904 Illinois Central III: Louisville. 66M Union
Pacific preferred 767s NewYork Central. 1856; Erie,
1874; Pennsylvania, 66ls; Reading, l0&s; Erie nrst
preferred. 35s.: Northern Pacific preferred. 'sA:
Grand Trunk rs and Anaconda. n7s.
New-York tribune., 1899-05-11

stock of the American Tobacco Company; G'N4'4"
common stock and soOo00b first preferred per
o.r, non-cu,nuIatiye stock of the Kingston and
Pembroke Rnnwa, Company; S5o3.S SD additional
capital stock OF the Central Railroad OF New-Jel
sey after June &c. making total listed N',ofi'oov'
ann q 10000 per cent cumulative preferred s'ooN
of the Park See. Company.
New-York tribune., 1899-05-11
MONEY AND EXCHANGE.

MONEY RATES.-Money on CALL per cent, with
exceptions at 3A per cent. The money market was
easy In tone with rates at 3la per cent for all
periods good railroad collateral. per cent
mixed collateral. and above on industrsls alone
The supply Of commercial paper was small Rates
were 3a per cent for sixty to ninety day indorse-
ments 3%d4s per cent for nrst-cass single names.
and above for names not well known
FOREIGN EXCHANGE.-Market easier. Buy
ing for European account in the stock market was
a factor in depressing rates Actual closing quo
tations follow:
New-York tribune., 1899-05-11
financial.
financial.
Guaranty Trustee.
of New York.
NASSAU. CORNER CEDAR STREET.

NASSAU. CORNER CEDAR STREET
CAPITAL, $2,OOO,OOo
SURPLUS, S3,OOO.O
ACTS AS TRUSTEE FOR CORPORATIONS,
FIRMS. AND INDIVIDUALS, AS GUARDIAN.
EXECUTOR. AND ADMINISTRATOR. TAKES
ENTIRE CHARGE OF REAL AND PER-
S0NAL ESTATES
subject to cheque certificate.
DRAFTS ON ALL PARTS OF GREAT BRI.
TAIN, FRANCE AND GERMANY BOUGHT
AND SOLD. COLLECTIONS MADE
TRAVELLERS LETTERS OF CREDIT AVAIL
ABLE IN ALL PARTS OF THE WORLD, AND
COMMERCIAL LETTERS OF CREDIT ISSUED.
WALTER G.. OAKMAN, President
ADRIAN ISELIN. JR.. yice-President
GEORGE II. TURNBULL I'd yice-Presideut.
HENRY A. MURRAY. Treas. and Sec.
J. NELSON BORLAND. Asst Treas. and Sec.
JOHN GAULT. Manager Foreign Dept
DIRECTORS
Samuel ID. Babcock. Charles r. Henderson,
George f. Baker, Adrian Isclin tr
George s. Bowdoin. Augustus d. Juiliard,
August Belmont James y. Jaryie
Frederic Cromwell. Richard A. McCurdy
Walter n. Gillette. Alexander r. Orr.
Robert Goelet. Walter @. Oakman,
g. @. Haven. Henry II. Rogers
Oliver Hartman H. Mex Twombly
II. Somers Hayes Frederick W. Vanderbilt
Harry Payne Whitney.
New-York tribune., 1899-05-11
Outside SECURITY MARKET.

STREET RAILROADS IN THIS JILL
Reported by C l. Hudson & Co.. Nos. "a & 80 "aii-s''
BONDS.
New-York tribune., 1899-05-11
SALES AT THE STOCh EACHAN"D'

RAILROAD AND OTHER STOCKS.
New-York tribune., 1899-05-11

'Ex dividend.
TRUST AND SURETY COMPANIES
Rsported by Clinton Gilbert. No. wa-st)
New-York tribune., 1899-05-11

Bankers,
BANK OF ENGLAND.
CLfDEsDALE BANK. Limited,
NATIONAL PROVINCIAL BANK OF
ENGLAND. Limited.
PARRs BANK. LIMITED.
Solicitors,
FREsHrIELDs AND WILLIAMS
London Committee,
ARTHUR JOHN FRASER. Chairman
DONALD G. HALDEMAN
New-York tribune., 1899-05-11
PHILADELPHIA STOCKS.
BOSTON STOCKS.
FURNISHED by De Haven & Townsend

Furnished by r. L. Day a Co. No 1 Broad-st)
sfarda
New-York tribune., 1899-05-11

LONDON BRANCH,
80 LOMBARD STREET. e. G.
Buys aud sells exchange on the princlpal
cities Of the world. collects dividends aud cou.
pons without charge. issues travellers and com.
mercial letters OF credit. receives and pays
interest on deposits subject TO cheque at sight
or on notice. lends money on coiiaterals deals in
American and other investment securities. and
offers It's services as correspondent and financial
agent to corporations. bankers, and merchants.
New-York tribune., 1899-05-11
BONDS.

.Er dividend TEL dividend and ex rights
New-York tribune., 1899-05-11

outstanding Ger - - ... oo ~. - .,,o -oo
S260.530 800 S2bo1tSSo INC. S<ooooo
Deposits in Ma $500 y, ,,o
tonal banks. S44164oO SA4fD94S mo <os"'
Available $345 OO6 100 S346 285 I4e mo s2ol so5
Minor liabilities 2424 4H S26Oeeol Inc. looo@o
Actual cash bal s262 $50 800 s2s2 65s7ss Inc se41s
GOVERNMENT RECEIPTS.-Customs receipts
reported from Washington. $10l1 l67: internal reve-
nue receipts SSiS,431: miscellaneous receipts, $40
GA; total receipts Ss9a 6s2 expenditures. 5s5ooo
Receipts for the month date. s15,3ess2 expendi-
lures S64950oo: excess Of expenditures A.lSosS
Receipts for the fiscal year TO date $3s s47; ex-
penditures $5l9 96 4Oe OF expenditures. S1O-
ESQ 452 Receipts Of National bank notes for re-
demption. s262.77O
CONSOLIDATED EXCHANGE SALES.
New-York tribune., 1899-05-11
Cables
- A.

Bankers posted rates were:
New-York tribune., 1899-05-11
THE DAYS OPERATIONS IN BONDS.

GOVERNMENT BONDS.-Market firm. Fina
ouotations follow
New-York tribune., 1899-05-11

,dend piSd payable. a. Bid. Asked
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-12
VIA THE GULF.
Receiver FOrdyce Explains the At
titude of His Road.

Receiver FOrdyce Explains the At
titude of His Road.
Receiver Fordyce of the Kansas City,
Pittsburg and Gulf said yesterday that he
did not go to Chicago to attend the meet
Ing of the executive officers of the Weston
lines, but that Traffic Manager Hanley was
present. If anything had developed requIr-
ing his attendance he would have gone, but
the Western lines thoroughly we'll under
stood his position in regard to the Gulf
line differential question and nothing lad
occurred to change that opinion, ReviaS
ing the situation he could tot see how, as
an officer of the Federal court in charge
OF the operation of the property, he could
consistently take any other position. The
Gulf route could not compete for the bust
ness OH any other basis. 1t Is assuredly
entitled to a dfferential, but nevertheless;
he was quite willing for the question to be
submitted for arbitration and that the
basis to be determined by the arpitrators
should govern until January /. AT that
time If It was found that conditions We're
not equitable he was willing for the mat
ter to be again submitted to arbitration,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-12
A REVISION IS DESIRED.
The RaIIroad Commissions Recommend
Such Action to Congress-.
MATTER BROUGHT ON WARM DISCUSSION
Receiver Fordyce Explains His Po-
sition Regarding the Rates Made
by tho X. c., Il. and q. Road.

| Denver Colo, August 1l.--Shortly befor,
midnight the National Association Of Rail-
road Commissioners adopted resolution
recommending that the next congress re-
wise the interstate commerce law upon
suggestion made by the interstate COM
merce commission in It's last report. The
resolution, which was prepared b: the
committee on legislation, was adopted
without discussion. Immediately upon its
adoption Commissioner Osborne of Michi-
gan vigorously protested against the ac-
tion on the ground that the matter had
not been properly discussed. A spirited
discussion followed. but 1t effected no
change.
The State railway commissioners IN
ished Its work and adjourned at 1870
o'clock this afternoon. The following Of
hcers were elected: G.. L.. Bindley OF
Illinois, president: w. d. Evans of South
Carolina. vice president; Il. c. Mosely Of
District OF Columbia. secretary; S. Becker
of District OF Columbia, assistant secre-
tary.
The next meeting will be held In Mil
waukee on the second Thursday in May
next.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-12
WILL HOLD HIS OFFICE.
Mayor woodward of Atlanta De
cIines to Vacate.
fccootot ~ The Post q

Mayor woodward of Atlanta De
clines to Vacate.
Especial to The Post)
Atlanta, Ca, August 1.-Mayor Wood
ward, whose resignation was asked for by
the city council, has declined to relinquish
his office.
Councilman Thomson called to see the
mayor at the request OF member OF Mr..
woodward's family. He suggested tina.
Mayor Woodward place his resignation In
the hands OF the city council to become
effective when and only when the mayor
had taken another drink. Colonel Thorn
son told the mayor the council would
nrobably overlook all that had occurred
il he would adopt this suggestion.
After thinking the matter over all night
and after hearing from council commit
tee this morning. Mayor Woodward re-
fused to make a conditional resignation.
The city council met this evening After
a long and exciting wrangle, In which
DIR. Roy who Is councilman from the
sixth ward, and who 10 also Mayor Wood
wards family physician. stated that the
mayor was In no condition mentally to
cope with his present troubles the council
decided that a committee OF i've should
Investigate the conduct OF the mayor and
any other city officials against whom
charges are made.
This committee under the terms OF it,
creation can not begin work before nexe
Monday.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-12
LIVELY ROW.
The Florida Commission Takes d.
cisive Action on Rates.

The Florida Commi ssiOn Takes Dc
cisive Action on Rates.
A dispatch from Jacksonville. Fla. nn-
der date of the 9th, says:
After waiting on the railroads for u
year to obey its mandate to reduce pas
senger fares to SC per mile, the Florida
railway commission has now brought suit
to compel the roads to obey Its orders
over year ago the commission ordered
the roads to charge &c instead of &c, DC
and SC, but the roads refused. They also
took off the mileage books, notwithstand-
ing the protests of the public and the
commission. The commission has en-
gagged strong counsel, and Will make a
hot fight on the question.
Attorney General Lamar has secured the
services of j. NJ. Bars of this city and
Judge B. S. Liddon of Pensacola. The
roads have also a strong legal force, and
will fight the battle to the bitter end Thoy
contend that the commission has no RICH;
to compel them to run at a loss. The com
mission retorts that the roads are making
great profits, and will endeavor to prove
that the &c rate will be sufficiently prof
liable.
Call of the circuit court here issued an
alternative writ of mandamus directed
against the Savannah, Florida and West
ern railroad. commanding 1t to at once
put into effect and observe the Sc per mile
rate. The hearing will be had here Au-
gust rs.