The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-23
Miscellaneous Notes.

1t is stated by director of the Chicago Rock
Island & Pacific railroad that it is the intention
of that company to build into bismarck in the
near future.
The Denver railway reorganization com
mittee announce that majority OF the bonds
have been deposited with the committee in favor
of its plan of reorganization.
From the annual report of the Northern
Pacific Railroad Company it appears that that
corporation owns some $1,000 600 acres of land
after selling million of acres last year at
about four dollars an acre.
c. B. Price. superintendent Of the river di-
vision of the Allegheny Valley railroad. and the
inventor OF device for obtaining a ''frogless
main track" will decide this week where the
patent shall be manufactured. He has offers
from Chicago Philadelphia. Harrisburg ami
Pittsburg under consideration.
The gap between the San Francisco and At
lantc d. Pacific railroads Is slowly closing M.
and In year or two may expect another
through line-the one originally contemplated
by the Huntington people from ST. Louis to San
Diego. In generation or two Newport News
and San Diego may. after all, become great sea-
ports.
The Minnesota & Northwesterns first train
out of st. Paul proper left that city for Chicago
Sunday evening. The new route is 49, miles in
length, and is made mp follows Minnesota Sc
Northwestern. st. Paul to Mona; Illinois Cen
trail. Mona TO Forreston; Chicago X Iowa For
Aurora to Chicago.
1Ae Pittsburg Dispatch. when speaking of the
rumored deal by which the PENNSYLVANIA people
secured control of the Philadelphia Il Reading
road said that the only way for the Pennsy lvania
to make the Vanderbilt block Of Reading stock
useful would be TO get control Of the receivers
pay the debts. and take it out of the hands Of the
receivers. or foreclose and sell.
The AMIGA BILE settlements of the differences of
opinion regarding the board of directors of the
Northern Pacific has had a beneHci influence
upon the stock OF all the companies interested
and assures the continuance of the conservative
and at the same time progressive policy which
has carried the road successfully through a
very hard year. and one that is particularly
severe upon new and not yet fully -developed
enterprises.
Those acquainted with the situation predict
that when railroad building beg,us in China it
will proceed slowly at first. But there will come
q time when all the barriers will suddenly break
down. after the first is projected into the
interior. There will then be such '.boom" in
railroad construction as was never more than
once before realized in history. America and
Europe will be rivals for the business, with the
advantage on the side of England which is
already looking eagerly forward to the day when
this Chinese demand for steel. machinery ard
men will tend TO revive her dropping industries.
1t is said by people who seem to think that ex-
PRESIDENT Wizards methods and ideas still guvs
ern the Northern Pacific management that the
resolution meats the abandonment of the build
ing or the Cascade division This is the worst
Kind OF hosh. The building of this division will
GO on, Tor two reasons: First because the North
ern Pacific rai!rc.d will never be completed nm
til Its line reaches Puget's sound the official
western terminus OF the company, and, second
iy. because the land grant on the line of the Cas-
cade divison is too valuable to throw away. il
being the great mineral region of the Northern
Pacific coast.