The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-16
AFFAIRS OF TUE RAILWAYS.
Personal and Local.

Personal and Local.
The Vandaia last week brought into this sta
fon 430 carloads of block coal and PIT carloads
of live stock.
Austin Corbn president and j. D. Campbell
general solicitor of the l., B. & W., are ex-
pected West the latter part of this week.
The first ten months of 1885 the Wabash
drops behind in its earnings, as compared with
the corresponding period in 1884, 81, 129, OBS.
The Edgar Thomson steel works last week be-
gan the erection of several large additional
buildings and are now expending $500, 900 on
on the plant
TIE passenger men are uneasy. The relent-
Jess manner in which the pruning knife has been
put to the fast-freight lines, and the tenor
of the trunk-line pool agreement, makes them
fear that the passenger department is to be sub
3eeted to vigorous cutting down of expenses
Last weeks dealings on the New York Stock
Exchange. Wall street, in railroad stocks We're
nearly 200 per cent in excess OF the amount OF
business done the corresponding week OF 1854
Ito be exact 1914 per cent. larger than year
ago
The five Western roads last week brought into
indianapolis g. 713 loaded cars, as follows: Van
Aalis, I,2l7; l. & St L.. 1.l39; c., l., st: L. q G.,
roads brought into Indianapolis, in the week
ending November T. 4,019 loaded cars; the CORE
spending week of 1884, 3, 1902 loaded cars.
That the Eel River railroad, from Butler to
Logansport, will remain in the Wabash is now
Gettled fact At the recent meeting of the stock
holders of this company, there was disposition
manifested to permit the Wabash to continue its
operation as the receivers of that company
have made arrangements to provide for the pay
ment Of interest charges.
The Pennsylvania the c., B. e @. and a num-
her of other leading roads have, within the last
faw aclQleSS
low manufactured at Chicago by Fairbank &
Co. lard rehners and it seems to be the coming
lubricant for locomotives 1t is said to be free
from acid, grit. dirt and water, and works ad-
niraby as cylinder tallow.
The Terre Haute Gazette says the car-works
fn that city have been running steadily and at
good capacity ever since the works resumed.
Forty coal-cars have been completed and deliv-
cred to the Chicago e. Eastern illinois railroad.
This week the works-wlll turn out an average oil
ten cars per day. Considerable repair work is
being done for the G. & E. l. and the Midland
roads.
The Bee-lne last week forwarded East 1902
loaded against l. l23 in the week ending Nov.
2, 1885, and ], Ill the corresponding week 1884.
The c.. St l.. & P. last week forwarded $50
loaded cars, against 500 in the week ending Nov.
2, and TO the corresponding week, 1884. The
J., b. g. w. forwarded East last week 1897
loaded cars, against 438 in the week ending Nov.
2, and 263 the corresponding week, 1884 The
C., Fl. & | forwarded 164 loaded cars last week.
against 252 in the week Ell ling Nov. Z, and 1888
the corresponding week, 1884
A railroad man who is we'll posted in trunk
line matters says: 1T is probable that the off
Gals of the Pennsylvania and Baltimore & Ohio
will soon meet to talk over the proposed arrange
ment for the business of the latter line to New
York. Mr.. Garrett will probably not hurry in
this matter. it will be months before his line
is finished to Philadelphia. In the meantime,
the New York business of the Baltimore & Ohio
must be done by the Pennsylvania, and may be
continued over that line indefinitely, account
of the expenditure which will be necessary If
the Philadelphia & Reading takes the business"
Some railroad men seem more interested in
breaking the effect of the new deal among the
roads, which proposes paying rates and their
maintenance, and with that general prosperity
all over the country than they do with the sue
cess of the effort. No one questions but there
are weak points and many things to criticise in
this new contract and it is not safe to assume
that it will in its workings prove a success.
There are many problems to be met and over
come before it can be conceded that the plan is
better than its predecessor, but to cry out from
she beginning that it is a sham and pretext is
to wrench and distort the situation merely in
the spirit of fault finding, when the weight of
the evidence is all in a contrary direction.
The Chicago roads seem in earnest in the mat
ter Of strictly living up to tariff rates. Under
resolution adopted by the executive committee,
grain shippers requested to send in to the East
ern lines daily lists of the number and initials of
cars of grain purchased by them each day, com
7nencing with Monday, Nov 16. and ending Sat
prday, Nov. q, inclusive, in order to entitle
them to the rates in effect prior to the advance
TO take effect Nov. 3D. The numbers are to
DO sent to the Office of the joint agent before 10
o'clock A. NJ. Nov. 3D. in order that they may be
used a check against shipments billed at rates
in effect prior to the advance. No cars will be
passed in transit before the advance unless
they are reported to the joint agent prior to the
time specified.
No Question as to the Firmness of Rates.
AS intimated would be quite probable. the
more direct east-bound lines hold up their ton
mage since rates were braced up better than