The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-04-19

ploYes now in the engineer department of the
Chicago, Burlington & Quincy. The proposed
road Is probably intended, If built, to be con-
tinuation of a coal road called the Joliet Rock
ford IL Northern.
The Boston q Albany Railroad Company are
building a baggage car, two drawing-roOm cars,
smoker" and two passenger coaches for the
new fast train which is to be put on between
Boston d New York. each of which is 81 feet
long, the exterior finish Of them all being alike.
They have the 42inch paper wheels and the new
elliptic spring. The interior finish Of the draw
ing-room cars ia of mahogany, and that OF the
smoker and passenger coaches cherry.
GRAIN RATES TO BE REDUCED.
Railroad Commissioner Fink announces that
as some railroads insist upon reduction in grain
rates, on and after April 20 rates on eighth
class win be on basis Of twenty-five cents per
hundred pounds from Chicago 20 New York.
Rates on all other classes Unchanged
THE BRIGHT SIDE.
The last issue of the Financial Chronicle re-
ports March earnings of sixty-one railroads.
Only three show a decrease as compared with
the corresponding month of 1882. Two OF
these-the PEORIA Decatur & Evansville and the
st. Louis & Cairo-have not increased their
mileage. Twenty of the fifty-eght report
ing increased earnings have not increased mile
age. The total gross earnings for the month
aggregated $23,199,3s6, net increase of
$3,663,593. Mileage, 49,l1S; increase, 4,281.
Average earnings per mile, 1882. 13-an in
crease of S36.49. This is the best showing for
single month for about two years, and the fact
that the third month of the quarter is the best
one, indicates growth of business that prom
Ises wellifOr the present and subsequent months.
Foi- the first quarter Of the year the total gross
earnings are 1854 770.977, increase of So, 673,-
3l9 Indications now are that April Will not
show as satisfactory results; however, it should
be borne in mind that eastbOund rates are now
5 cents per 100 pounds higher than at the
CORRESPONDING nerlO0
make up for considerable deficit in tonnage,
should there be one.
ANXIETY LEST THERE BE A RAILROAD WAR.
Leading railroad men more or less anxious
lest there is to be a breaking up of The trunk
line pool, and that a general decentralization in
rates will then follow. An Eastern exchange
says: "WhaL now troubles the trunk line man
ayers is the threatened action by Mr.. Garrett in
building an Independent line between Baltimore
and Philadelphia, to cireumvent which the Penn
sylvania officials are sorely perplexed. The an
tagOnsm between the Baltimore & Ohio and
Pennsylvania has long been most bitter, dating
more especially from the comparatively recent
date when Garrett, in his attempt TO secure con-
troll of the Philadelphia, Wilmington & Balti-
more road. was outwitted by Roberts. Should
it prove true that the Baltimore Il Ohio peo-
pie will actually build an independent line, Mr..
Garrett will, doubtless, by means of his new al
lies the Reading and New Jersey Central, be IN
a position to oppose what he has long
been dissatisfied with, but what he has
been compelled to accept, an in
creased percentage In the New York
wesU-bOund pool His dependence upon the
Pennsylvania road for an outlet from New
York has hitherto stood in the way OF an open
rupture" The parties who are acquainted with
the situation are well aware that the Baltimore
d. Ohio has recently strengthened its position in
the West and will be in good shape TO make a
sharp competition of the Pennsylvania at chi
cago. through its own lines in the Southwest,
through Its connections with the Indiana,
Bloomington & Western, and at st. Louis, over
the Ohio & Mississippi At any rate, there Is a
chance for ugly war, should the Pennsylvania
continue to tread on Garrett's toes.
WHOLESALE DISCHARGE OF c., ST. L. & P CON-
DUCToRs.
Special to the indianapolis Journal
LOGANsPORT, Ind, April 1o.-Much excitement
accustomed to-day by the discharge of twelve
passenger conductors under Superintendent
Watts. Most OF the men live here, and are well
known and popular gentlemen. No reasons
have been assigned
THE H. q ST. JOE scooPED IN BY THE c., B. O.
Boston, April 1S.-The Transcript says;
Charles e. Perkins, president of the Chicago,
Burlington & Quincy railway, has been in con-
ference most of the day with Fred L. Ames rep
resenting the Hannibal d st. Joe railway. AT
one time word came in that the purchase had
actually been effected, and probably has been,
save arranging the papers and some minor de-
tails. though not officially announced. Burling-
ton q Quincy will guarantee all bonds OF the
Hannibal IL St. Joe Railway Company, and pur-
chase preferred stock at par with its per cent.
debenture bonds and common stock at ~, the
price paid John r. Duff, with per cent. in
terest since the date of that purchase, The pay
ment for this is also to be made in per cent
bonds.