The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-01-18
General News.

The Woodruff Sleeping-car Company have de-
clared dividend Of l q per cent, payable on
demand
Vauderbilt's South Pennsylvania line 1t Is esti-
mated will cost him 100000 per mile to build
1t will be 200 G,iIes long,
The snow blOokades in northern Iowa and
Minnesota have diminished the traffic in the
railways in those sections during the past week.
The New York Central, which now has $50
miles of track In their yards at Buffalo and East
Buffalo, are, at the present time, preparing TO
crease their yard room thirty miles additional.
sixty freight trains, averaging Thirty-five to
the train, arrive and depart NJ these Yards every
twenty-f0ur hours. and when hnsiness is very
heavy, as u couple OF weeks ago, us high as sixty
trains have been sen. East IN u day from the Buff
1alo yards.
A bill has been int reduced in tho Missouri Legis
lature TO redeem Oui Standing bonds Of the State
issued in aid of railroads under the OF 1851,
1852, 1855 and 1857. These bonds ARE redeem
able at The pleasure of the State at the expira-
ZION of twenty years from dare of issne. Tue
bill provides for their redrmntion and payment
on the LIST day OF July, 1883. and appropriates
Sut OF the sinking fund much money may
De necessary for said purpose.
The ratio of exnenses tn grOss earnings OF the
Chicaeo. Burlington @ incy for eleven months
or 1882 was SOTO per cent or ITO per cent.
less than in 1881, "a des-rvedly high CON pliment
10 the busihess-iiKe and popular management of
TINS great railroad system. One month the road
vas operated on 40 per cent If It's gross earn
Ings 1t is stated However. So low ratio of op+r-
htihg expenses MS 40 ner cent. would, IL cOn'in-
ned, warrant the Inference that the standard of
the road was being lowered, bnt there is he
heved to be no ground for such suspicion in this
case.
The monster locomotives which the Central
Pacific and the southern Pacific roads have
Gently ordered are tfIy-threr feet one and three
quarter inches long; The weight Of the engine in
running order Ia 10, 600 pOuhd sthe weight of the
tank Is $4,000 rounds; the capacity of the tank
5000 ca!'?rs of water and six tons of coal; the
diameter OF the cylinder is nineteen inches, with
thirty-inch stroke The engine is calculate ed TO
haul nineteen cars. or 38Slo tons no 105 foot
grade, ana ON an average eiPht-degree curve,
which Is the same Loaf that two ordinary ten
wheelers take.
OFFICIAL CHANGES on THE P, G. & ST. L.
Several important official changes in the Or
Ranizaton of the Pennsylvania company and
the Plttsburg, Cincinnati & ST. Lons company
will take effect Monday, January %. John L.
Davidson. assistant oamptT Oiltr. was Tuesday
last elected treasurer OF both companies, TO sue
coed w. III. Barnes. vino has resigned ON account
of III health; NJ G. Spencer resigned as treasurer
of the Pittsburg, Cincinnati & ST. Louis; John
". Renner, auditor OF the Pittshurg, CINCINNATI
IL ST. L0rs company, was chosen assistant comp
troller of both c0mnanies, and Albert McAievey,
Pittsbnrg, Cincinnati & 81. Louis company, is
made the auditor OF that comiany.
AT THE END OF THEIR ROPE.
The holders of the back pay claims OF the Indi-
annapolis, Bloomington Il Western Railroad Com
pany are much elated that the parties who have
for years been fighting their payment have at
last reached the end of their rope the United
States Supreme Court having rendered n decision
in the case OF James Turner and the Indianapo-
lis, Bloomington & Western Railway COmpnny
appellants, against the Farmers Loan and Trust
Company ct nl This WAS AN appeal from u final
ordsr of the Circuit Court of the United SfaTes
for the Southern district OF Illinois confirming
the sale, under foreclosure of II mortgage OF the
Indiana, Bloomington & Western Railway
Company. This court holds that, since The sale
wac In all material rrsppcrs In conformity with
the final DEGREES, from which no appeal was
prayed and since he record DISCLOSED no ground
upon which Its fairness can he impeachpd, the
court below properly Ovetruled the executions
and cofrmed tho sale. Tue order appealed from