The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-05
AFFAIRS OF THE RAILWAYS.
Personal and Local.

Personal and Local.
The Cincinnati, Hamilton & Dayton is now
paying the 3 per cent. dividend declared on
April Is.
The Bee-line last week forwarded east 70G, the
C., St L. & P. a17S the L, B. & W., 257, the c.,
II. & L 24O loaded cars
Frank Palmer,s district passenger agent of
the Wabash, headquarters Chicago, is in the
city arranging to move his family to Chicago.
L. Wagner, who has looked after the Ameri-
can Express Companys business at the 1. & st.
i. depot in Terre Haute, on Saturday resigned,
20 20 into business. Joseph Drake, messenger.
succeeds him at the depot.
The Louisville. New Albany & Chicago road
is filing at the county recorders, ofhces along
their line a mortgage for SIS, 900, 600 to the Farm
ers' Loan and Trust Company of New York., for
money advanced by the bank to the company.
The five western roads last week brought into
this station 1885 loaded cars, against :, 1874 in the
week ending April 26. as follows: l., b. q W.
st. Louis division, 103; Peoria division, 232, T.,
J., st. l.. & c.. 73U; Vandalia, l,O90; L. 81 st. L.,
1,l72
In the month of March the Jeffersonvile,
Madison & indianapolis road forwarded south
from this point 1,576 loaded and 1893 empty cars,
brought into the station :, 482 loaded cars and
and 317 empties. Total movement 1913 of
which number 1858 were loaded cars.
The Wabash, st. Louis & Pacific company
operates 3,51S miles of road, of which 808 miles
is leased. The annual charges on the principal
leased lines is 765, 245 per annum. The bonded
debt is $41, ia, 675, and the rate per cent. of in
terest averages 6 34 cents per annum.
Seven carloads of tropical fruits and merch-
andise shipped from New Orleans over the Jack
son route at 9 P. NJ. April 30, reached lndianap-
oils over the Vandalia at A. NJ. April 3, or fifty
eight hours, which a year ago was considered
good time for passenger trains to make between
New Orleans and Indianapolis.
In the month of April there was received and
forwarded at Indianapolis over the fifteen roads
~centering here IA, Oil cars; of that number 3d.
OO2 were loaded cars. The corresponding
month 1883 there were handled at this point
79,207 cars; of that number 81. 1879 were loaded
cars, showing that 4, 1877 less loaded cars were
handled at this point last month than in April
1883.
1t is stated that the Wabash people are hearti-
Iy sick of their arrangements at this point, by
which the L., N. A. & G. Airline has the same
privileges in their yards, round house and city
freight depot as does the Wabash. Manager
Talmage, it is said, has been looking into the
matter for a loop-hole by which the contract
could be broken, but finds that the L., N, A. &
C. people have them fast until May l, 1885.
The l., B. & w. people lease the Columbus,
Springfield & Cincinnati road. forty-fou miles
in length, for SO 13 per cent. of the gross earn
inss, with a guarantee of 5000 0 minimum of
tn excess oyer minimum, if any. On the 80 I3
basis the Columbus, Springfield & Cincinnati
takes one-fifth, the Cincinnati, Sandusky &
Cleveland four. ffths. Since the lease has been
in force this division of the road has barely
earned above operating expenses the minimum
guaranteed.
J. II. French, president, and several of the
Boston directors, will this week inspect the Lou
i~sville, Evansville & st. Louis Airline. The
annual meeting will be held at Carmel, Ill, on
the 18th. If the directors are as sensible men
as they are credited with being, they will, with
out dilly- dallying, properly equip the road. Be
tween four and five thousand carloads of freight
are now ready for shipment along the main line
and branches, but cannot be moved for Want of
locomotives and cars.
Freight Business Over indianapolis Lines.
The time records show that a majority of the
roads are doing a fair business, and where there
is a decrease in tonnage earned it is largely in
through shipments, and that east-bound. Com
paratively speaking, there is little grain going
forward at this time. Last year there was a
good movement of corn to interior points; this
year but little is being carried by either of the
roads, east-bound shipments being unusually
mixed in character; westward there is still a good
movement OF merchandise and agricultural i'm
PIGMENTS the tonnage being in excess of that at
the corresponding period last year. North and
<Outh roads are doing a very satisfactory bust
ness, and at good rates. Live stock traffic is
still a little slow; an early improvement, how
ever, is looked for, and the movement of coal
has fallen off largely in the last few days,
Local traffic is fully up to the usual movement at
this season of the year, and at the city freight
depots there is considerable activity. There is
considerable sharp competition for business to
points reached by two or three roads, and some
local rate-cutting. Below is given the number
3 of cars received and forwarded at this point in
the week ending May 3, as compared with that
of the preceding week.
The number of loaded cars handled at this
point was asfollows: Received, 1904; forwarded,
1896; total, Is, 800. Increase over number Of
loaded cars in the preceding week, 372 cars.
THE corresponding week 1883 there were re
ceived and forwarded at this point 10, 1892 cars,
of which number 1881 were loaded cars.
Name of Road. ApF26 May 8 Inc. Dec.