Show IN BUSINESS WORLD l ThoCinada Southern railway has declared de-clared a dividend of 1 per cent for the I half ear ondlrg December 31st Thl Is a reduction oi half of 1 por cent from tho I dlvldicid declared last 1 December Y > JGtoruayp etatnmont of tho treasury balances In tho general fund exclusive of tho U60000IQ gold reserve shows I Available canh balance 211270300 Hold nsoisaixc In New York ycelerdny I tho directors of tho Atlantic Trust company mot and decided to accept tho terms of tho Metropolitan Me-tropolitan Trust company for tho nh aorritlon of the Atlantic by the Metropolitan Metro-politan The directors of tho Central Railroad ofNew Jersey elected M F Beslcr vice president oC tho > company Mr Bcsler then appointed T VB I Coon who has bcfin soneral freight agent to be trolght traffic manager Mr Beslor has boon general manager and will continue to hold that position In Philadelphia announcement Is I made that control of tho United Power and Transportation company has been sold to the Interstate Railway company at 15 a tfharc New York and Chicago capitalists arc ald to have Joined forces to lauch In Chicago one of thti moat colossal tranc lion ventures the city has known The scheme In for an underground railroad combined with a now elevated tho cost of the entire project to be from 51000000 I to 55500000 |