The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-02-10

the road. and they have been making reasonably
good time, but trains coming west and south
have been arriving three TO ten hours late,
Owing TO the demoralized condition of the wires,
neutrality-suspicious. have been or but little service.
However. all the roads, except the Wabash and
l., y. & W. had their wires so FAR repaired that
they were of some service yesterday, ana the
L, b. g. W. ami Wabash will be ali right to-day
DEEPLY IN DEBT.
The New York. Lake Erie & Western company
can probably exhibit longer and more varied
list or mortgages than almost any other corpo-
ration in existence. They include Qi first mort
gage bonds, ~ second mortgage bonds, go third
mortgage bonds, a. fourth mortgage bonds, (ol
fifth mortg gage bonds, t6) Buffalo branch bonds,
az first consolidated bonds, ts) first consolidated
funded coupon bonds, (9i second consolidated
bonds, 10l second consolidated coupon bonds,
Oh reorganization first lien bunds, I'D income
bonds-tweiye different liens, representing IN
the aggregate 7O,267, 1877 The bonded debt
was increased 70, lU1, All in 1882, and, In addl-
ton, 1885,, 800 OF preferred shares we're spll,
and Si44, 500 OF common stock. There also
an increase of $3.50, 900 in loans payable. max
ing total issue of bonds, stock and hoatlng
obligations amounting to $3,9ol,21l Tor the
year.
FAST sTocK-TRAINs-
The roads hauling the live stock East out of
East st, Louis are making bitter fight to yet
some advantage over each other, and making
themselves solid with the shippers. Just now
the fight is being made on time between st.
Louis and tho New York market, and notwith-
standing the ugly weather the past week, three
of the roads--the Ohio & Mississippi, the Indi-
annapolis & St. Louis and the Vandalia have each
run entire train through between those points
very fast time. Trains which should have
left East ST. Louis Monday at p. NJ did not get
off owing TO a bad track until Tuesday morning,
and were obliged to make fast time to reach New
York for fridays market. Telegfams received
yesterday showed that the Nnndana reached
IL fha sTtHn Fan
hours ahead of the train over the ONO &c Missis-
sippi and Erie, and TWENTY-FIVE hours ahead OF
the train over the 1. e. ST. L. and the New York
Central.
RHODE ISLANDS RAILROAD INTERESTS.
| Henry Staples Railroad Commissioner of Rhode
Island. this week submitted his report to the
General Assembly. The whole number of cerpO-
rations having lines ia the State, iDclHdiag the
Union (streeO railway, of Providence, is eighteen;
total mileage, $780, 25; total receipts, S12,494,-
124 %; expenses, $l0957, 936,14; net earnings,
ST. 525, 221 04 total surpius net, So, T26, S43 So
passengers carried. 29,S35,o19 tons of frtaght
carried, $780, 1922 The aggregate of the
| years business, rs compared with that or the
| previous year, shows n net increase in the re-
ceipts of 81 406 go, bnt TO obtain this. with
the ordinary and extraordinary expenditures,
| the expenses were increased 81. 435, 962 60, and
the net earnings actuaily decreased S246, 722 Sc.
| Only six corporations show n gain III earnings
! Commissioner Staples refers at length to the
fact that carloads of flour are often shipped
from certain localities in the West to Boston at II
much less rate than TO Providence, the mileage
helDg ahOnt the same, and suggests thatH Rhode
island flour merchants wish the ihegality 0f TINS
Srates Courts. He also expresses regret that
! there was railroad construction in the
State last year.
RATES SOLID.