The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-10-16
AFFAIRS OF THE RAILWAYS.
PersonaI and General.


NJ Fl. Reilly, Fillmore, Ind; Chichago has
eighteen railroads running into it; Cleveland,
seven; indianapolis, twelve; Kansas City, nine;
ST. Louis Including East st. Louisl, fifteen
The Colorado and Utah pool has been formal
ly organized by the election of j. W. Midgley as
commissioner and he and arbitrator Tucker
will draft plan for the basis of organization.
1t Is worthy of note that there have been built
this year in Mississippi alone, 22f miles of road,
an amount greatly in excess of that built in any
other State, North or South, in proportion to
area.
| Mr.. Charles J. Domville has been ap-
| pointed master mechanic Of the Chicago & At
| lantc railway, vice Mr. G. A Hill. resigned.
Mr.. Domville assumes the duties of his new po-
sition to-day.
| The recent numerous attempts to wreck trains
on the Atchison. Topeka & Santa Fe road in
Kansas have led the company into Offering re-
ward of $500 for the arrest and con viction of
any one connected with such a scheme.
The consent of only six hundred additional
shares are now required to secure majority of
the stock of the New York d New England road
! in favor of the measure to issue preferred stock
in payment of the debt of the company.
| 1t is reported that Mr.. Vanderbilt will allow
| the Pennsylvania Railroad Company TO get
| troll of the Reading & New Jersey Central under
an agreement that the Pennsylvania will let
| west NnOf6 alone, ana keep inc DdlllmOre q
| Ohio company out of New York.
The plan for the settlement of coal and freight
rates between the Erie, the Rochester d Pitts
| burg, the Buffalo, New York & Philadelphia.
and the Lake Shore. has been practically agreed
| upon by all but the Erie, which declines to enter
| into any arrangement which does not guarantee
| a certain tonnage
Chicago & West Michigan earnings are again
reported bad but it may be said of this road and
of Detroit, Lansing & Northern, that operating
expenses grow less as gross receipts grow lighter
| and that the net earnings are for the times fair
] ly satisfactory. Fort Scott g. Gulf continues to
| make an encouraging exhibit
! The committee on settlement of the per cents.
| of the Chicago and Ohio River pool met yester-
| day in Commissioner Richardson's Office. to
make up their report The Kankakee and Pan
| handle lines are both ahead of the pool IN their
earnings, and it is expected that some trouble
will be experienced in getting those roads to
even up in cash.
The Oregonian, Portland. prints interviews
with the heaviest shippers of that city, showing
| probability that majority will not sign con-
| tracts with the Northern Pacific but will give
! their business to the Union Pacific and Oregon
| Short line. Present contracts with the Northern
Pacific expire Jan l next The reason alleged
In bad faith on the part of the Northern Pacific.
The London Times says that the Sc 800, 900 n.
| Y. Central debenture per cent bonds taken
by J. S Morgan & Co., were actually negoti-
ated last June The London financial papers
! appeal to the Stock Exchange to carefully iuves
| tigate the circumstances of their issue. the time
they authorized. eHd the prize ard 3;,isdlii-
| ton of their sale before the bonds are listed
! Mr. J. G. Stubs for many years past general
freight agent of the Central Pacific ailway, has
! been appointed general traffic manager of this
company, and will have charge of both freight
and passenger traffic. The general freight agent
and general passenger and ticket agent will
| port to the general traffic manager and the lat,
ter will report to the general manager. Mr..
Stubs has well .merited this promotion by his
many years of able and faithful work in the
service of that company. He has the reputation
of being one of the ablest and most efficient
! traffic managers in the country.
! 1t is remarked as a singular fact about the re-
! cent contest at the Ohio & Mississippi railroad
election, wherein it was claimed that the En-
| gsh-Erie interest sought control of the road was
| that some 81 900 shares in the name of the Lon
don firm of Hazelton, Powell & Co. who also
! represent very large Erie holdings voted for the
| Garrett party 1t is thought thar later on it
may develop that the Baltimore & Ohio inter
ests and those of the Erie in the Ohio & Missis
sippi property not so antagonistic after all.
A general harmonizing of interests is one of the
probabilities of the early future, Mr.. Powell,
of the above firm, is the gentleman who re-
| Gently made an examination of Fries affairs
with Mr.. Westake, and subsequently prevailed
on Mr. John King to accept the presidency of
| Erie