The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-31
Miscellaneous Notes.

The Chicago & Eastern Illinois has put on a
line of sleeping coaches between Terre Haute
and Chicago.
The report that Mr. Vanderbilt had trans
feIred five millions of government bonds to his
son, William K, which would be used in sup
porting mis- stocks, is confirmed.
The Boston & Albany road is credited with
having the best character of passenger coaches
in the regular service on any road in this coun-
try, They have a4coaeh of their own pattern
which is roomy, elegant in finish and very sub
Staptial in its build
The New York Commercial Advertiser SAYS:
There IS nothing so cheap now in the United
States as good railroad stock. There has been
an enormous demand from Europe, and that de
mand will increase. Although entirely. uneon-
nected with any European house, we have sew
eral kilograms from large houses abroad daily
asking as to the propriety of buy ing good stocks
The Boston Herald says Toledo, Cincinnati &
St Louis affairs continue live issue, and the
already confused bondholders are threatened
with more circulars. The southeastern division
bonds have been nearly all deposited, re
ceipts for 40 having been given out to- day. The
Corhin st. Louis division people are happy to-
day over a favorable analysis of their plan by
the Financial Chronicle 1t conveys, to be sure
"a sort of negative Endorsement, but is, the
whole, sensible and businesshke
Sweden has at present G, 400 kilometers Of rail
road, :, 299 owned by the government and 4, l01
by private companies. They have cost asa, 000
600 crowns, or II 900 crowns per kilometer-the
government roads &c, coo, the private narrow
guage only 1880, and the private roads of nor
mai guage 81, 900 crowns per kilometer. The in
come is as in the United States, but very differ
ent from most other European railroads, about
two-thirds from freight and only one-third from
passenger traffic The government roads bring
an interest of 1884, and the private dividend is
4 % per cent.
The Journal of Railway Appliances says: For
safe and economical running at sixty miles an
hour and upward-it is coming to that-there
must be long and easy grades to commence with
This business of running along on level or down
grade and then suddenly climbing bank, will
have to be done way with and long easy grades
be substituted every whore that is feasible In
cities and towns it will be all the better if the
track is considerably above grade. 1t will tend
to lower the death rate and shorten the list of
MANNED; and will also permit of high speed in
city limits where trains do not stop"
Baldwin's Railway Guide says; "a railroad
economist, in speaking of the different ways of
cutting expenses, adopted by certain railway
managers, said: Economy in the railroad bus
mess does not consist so much in cutting down
the wages of brakemen. engineers, iremen and
that class of hard workers. as in keeping sharp
eye on wasteful expenses incurred in the care
less management of rolling-stock.' A certain
road was lately found to have lost millions of
dollars through side tracking injured rolling
stock, and instead of repairing it, buying new.
A sagacious manager will carefully avoid such
moves as this.7