The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-01-22

The TeIre Haute & indianapolis Railroad Com
.oany has declared a per cent semi-annual
dividend, payable Feb l.
The Wabash, St Louis & Pacific last year
earned SIG sos, 165, which is an increase of $780,
los over earnings of 1882
Brown Station, on the middle division of the
T., 3. e. w, was opened for business yesterday.
F. f.. Wilson has been appointed agent.
Work has been suspended on the Chicago st.
Louis & Pittsburg shops in the eastern part of
the city until the weather takes on milder
form. .tt
The Pittsburg Cincinnati & St Louis road is
to be double tracked between Newark and Co
shoeton, o., as as the weather will permit of
commencing the work 'sH'
The St Louis, Alton & Terre Eaute western
division of the indianapolis & st. Louis road.
last year earned 81 I53 240 which was a decrease
of 81, 79l as compared with the earnings of 1882.
The Price Currents of the Boards of Trade of
st. Louis and Peoria show that eastern lines
from those points up to Saturday last We're cut
ting rates from ITO y cents per IO0pounds. The
virtuous White line is charged with. being the
ratecutter at Peoria. si5 o.-si
General Manager Richardson, of the Chicago
and Ohio river pool, is watching the passenger
business closely. In the last few days he has
gathered in scalped tickets of three of the roads
in the pool and will this week call on the general
passenger agents TO redeem them at full rates,
The passenger department of the Wabash, St.
Louis & Pacific road has issued, in a neat FORM
the schedule of their through-car service, both
parlor and sleeping coaches On the system are
sixteen distinct lines, requiring fifty sleep
ing coaches and reclining-chair cars for the
service.
It is hardly probable that the Bee-line people
viii build any more new engines entire at their
own shops, last years experience, when they
buit eighteen, teaching them that they could do
better by purchasing from locomotive works. 1t
cost them So, 800 to build mogul engine. Loco
motive works are selling just as good at 5000
apiece.
General Ticket Agent Donough and Marsha
Manning, of the Union Depot, were yesterday
taking an inventory Of the furniture, ETC. in
the several rooms The desks, chairs, settees,
ete.-most OF them-rwere given TO the Union
Railway Company by the Madison & Indianap-
oils Company aboHt thirty five years ago and the
whole batch don't look to be worth more than
$l.35-unless they have value IS relics
yet these officials appraised them at 81, 492.
The fact is that the old traps, depot and out
building, are worth little more than what it
would cost TO remove them.
The St Louis, Creve Cauer & St Charles
road which rs owned by indianapolis capitalists,
is proving to be quite bonanza, not only pay
ing operating expenses and fixed charges, but a
surplus well. The management have de-
terinined at once TO purchase steel rails and eX-
tend the road to st Charles and the Creve Ceuer
lake, some forty miles and the equipment is to
be largely increased. But for lack Of rolling
stock, the earnings, which were quite salts
factory for a few months past, would have been
much larger, There is to be no further delay in
putting the present road bed and equipments in
the best condition. and the extension built.
The friends of J. r. Elder in this city will be
pleased to learn that he has made success as a
railroad contractor The Lake Borgne road
which he has been engaged in building some
months, is nearing completion. Saturday last
there was only one-half mile of rails to lay
A portion of the road has been completed some
weeks and operated, and the business has been
surprisingly heavy, and the earnings more than
paid tie operating expenses and fixed charges
The rails for the road were furnished by the In
dianapois rollinganill Mr. Elder it is stated
will realize q very handsome sum of money after
paying for work done. material and equipments
furnished. SO promising railroad interest is it
that there has been no trouble experienced in
placing the bonds.