Show Gotham Gossip New York HIt is stated in well informed circles that Vanderbilt is about to retire from the active management of his properties leaving the practical administration Ad-ministration in the hands of Ruttar and Cornelius Vanderbilt A conference was had here yesterday between Blanchard and Jewett of the Erie McOullough of Pennsylvania Central Stewart of the Fort Wayne roads and others at which a contract was made between the Erie and Pennsylvania Pennsyl-vania companies for a division of freight from the Lake Shore to the Pennsylvania road It is generally thought that this action indicated a close alliance between the Erie and Pennsylvania roads and would have a depressing effect upon the Lake Shore It is reported that this contract gives Erie special facilities tor reaching the principal cities connected by the Pennsylvania system |