Show STEAMERS FOR ALASKA I Canadian Pacific Takes a Hand In the Game New York Dec 27A Montreal dispatch dis-patch to the Evening Post says The Canadian Pacific railway has completed com-pleted arrangements for the construction construc-tion of six light draught sternwheel steamers to ply on Alaskan waters in conjunction with the two ocean steamers steam-ers which they have purchased in Scotland These vessels will be constructed Scotand structed in Toronto the contracts haying hay-ing been let to the Bertram Poston works Work will begin at once as it I is intended to have them ready for the opening of navigation The boats are to be of wood plated with stre land l-and will have a length of 150 feet with a beam of 30 feet They will be put together in the Toronto yards and will then be taken apart and the parts shiped to Vancouver where the boats will be rebuilt rebuitCcgo Chicago Pleased Chicago Dec 27 Railroad officials in Chicago say they have been for some time expecting the appointment of Horace G Burt third vice president of the Chicago Northwestern railroad road as president of the Union Pacific system Mr Burt has been with the Northwestern road for many years Previous to 1S8S he was chIef engineer In that year he was appointed general manager of the Fremont Elkhorn Missouri Valley part of the Northwestern North-western system and served in that capacity until a year ago when he was elected third vice president of the Chicago Northwester Another Reorganization New York Dec 27Announcement was made today by the Memphis Charleston reorganization committee of which Addison Iselin jr is chairman chair-man that arrangements have been perfected looking to the purchase of the road by the Southern Railway and the exchange of the new securities after reorganization is completed for I old issues Made Another Payment New York Dec 27The second payment pay-ment of 8500000 by the Union Pacific reorganization committee was reflected reflect-ed in todays larbe subtreasury debit balance of 4357933 The checks sent by the treasury department at Washington Wash-ington in payment for currency sixes Averer deDosited in the local banks today to-day and passed in due course through the clearing house I is estimated that the aggregate of these checks is about 10000000 A third payment of next 8500000 will be made early in January And Still Another Ad Stil Milwaukee Wis Dec 27A step looking toward the reorganization of the Wisconsin Central lines was taken this afternoon as a decree of foreclosure foreclos-ure was entered by Judge Jenkins of the United States circuit court in favor of John A Stewart and Edwin H Abbott Ab-bott as trustees against the Wisconsin Wiscon-sin Central Railroad company for 12 000000 the amount of the first mortgage mort-gage bonds unpaid interest coupons of 1800000 and interest on the deferred interest payments since July 1 1894 all payments haYing been in default since that date the total amount being 14 309125 The matter is referred to F 11 Hoyt as special master to ascertain and report re-port whether the railways franchises and property of the company should be sold as an entirety or in two or more senate parcels and what lines mortgage if any are superior to the said first Alaska Trade Chicago Dec 27Th western passenger I pas-senger agents art making arrangements arrange-ments to handle the Alaska trade The I longer they look at this traffic from a lonoer tratc distance the larger it seems to appear I to them and now there is hardly a I western passenger man who does not expect the traffic to amount to fully I I 200000 The chances are that a figure about onehalf that will olehalf as large as wi I the umber who will from coyer t e r wi go points where the Western Passenger I I association business will be given a show at the I |