The times. [volume] (Richmond, Va.) 1890-1903, 1900-02-28
lat EST news
TEE | / ROADS.
Markets Give Good Support to Rail-
ways.
5sEABOARD AND THE CHOCTAW..
Give Good Support to Rail-
sEABoARD AND THE. CHOCTAW..
Philadelphia Denies That an Offer ,
Has Been Made by the Williams
Syndicate to Secure Control.
Other Items Of Interest.

In yesterdays QNeM York; market
good support was given to the railroads.
Atchison preferred was strong on large
earnings. The fact that ST. Paul was sell
ing close TO Burlington was considered
by some as an indication of an increase
in dividend at the next meeting OF Inc
board of directors. Southern preferred
and common were heavily bought by the
traders and commission houses on the
very good statement for the third week
in February, the earnings being Slle,6S5
larger than for the same period last year.
MAY. NOT GET TOGETHER.
There is but little likelihood of the
presidents agreeing on an open reduced
eastbound grain tariff from Chicago The
rate from Chicago now is to New York
12s cents: 11.5 cents to Philadelphia. and
IL cents to Baltimore. This rate while
practically open to all, is. however. not a
public tariff.
GRAIN RATES DEN1ORALdZED
The decentralization of export grain rates
which was thought to have been settled
February 18th. appears TO be spreading,
and the Mobile and Ohio will reduce
rates tomorrow. 30 cents per hundred
pounds on grain and cents per barrel on
Hour. This action will no doubt cause
other seaboard lines to do likewise.
SEAR.cARD AND CHCCTAW.
The Philadelphia Times of yesterday
says:
referring to reports recently circulated
that the Seaboard and Roanoke was after
the Choctaw. IA representative of leading
interests in the latter road said yester-
day: The Seaboard and Roanoke. togeth-
er with the Georgia and Alabama. both
of which roads are controlled by the
John Shelton Williams syndicate, and
the Choctaw Road made a natural route
10 n
board. Mr.. Williams is generally regard
ed as Very ambitious and capable man,
but his party is now SO occupied in a
contest with strong financial interests
representing the Southern Railway, which
is endeavoring to block the Williams syn
dictate in its scheme in making railroad
system in connection with the present
roads it controls. that 1 am inclined to
think that it will not look on any more
no offer or proposition has come to the
Choctaw people from the Seaboard and
Roanoke "
RAILROAD NOTES.
The Richmond Locomotive Works is
delivering twenty freight engines of the
heaviest type to the Atchison, Topeka
and Santa Fe railway.
It is claimed that the Texas portion OF
the Kansas City. Pittsburg and Gulf will
not be sold by the receiver, but that the
reorganization committee will absorb and
operate the Texas line under the same
charter granted the builders of the road.
The Chesapeake and Ohio Railway Will
handle sixty-six bodies which arrived on
the United States transport MoPher-
| son from Gibara, Cuba. The train left
| Newport News Yesterday afternoon at 4
clock and reached Arlington this morn
ing about G o'clock.
Work on the Chesapeake and Ohio river
| improvements has been delayed by the
high water and the cold weather. A
small force is still a t work.
Captain C. w Westbury, travelling pas
senser agent of the Southern, was in
Washington yesterday.
The complimentary dinner which will
be rendered President Georgs w. Stevens
at the Commonwealth Club will be one
of the most notable occasions i'll the
Clubs history.
RAILROAD EARNINGS
Southern, estimated. 1900. Increase.
Third week in F'ebruary..S 619,2 $50 SIG, $50
Three weeks in Feb'y.... 1,S64, 436 3S3, G1S
Baltimore and Ohio Southwestern
Third week in February. sl35,O07 S14,310
Chesapeake and Ohio
Third week in February. s193,e9S 500