The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-15
RAILWAY NEWS.
Annual Meeting Of the I. and ". Stock
holders Jay Gould and the West
ern Roads-The Electric
Headlight-Cther
Icema

The work of graveling the western end OF
the l. and st. L. is progressing rapidly.
In Cincinnati on Wednesday c., l., st. L.
and @. 6 per cent. bonds were notable for q
more active demand and advancing rates.
Several hundred telegraph poles have been
put down along the line of the Terre Haute
and Logansport Division of the Vandalis.
The Georgia Associated Traffic Lines Offers
rate Of sl4 % either from Louisville or
Cincinnati to all who attend the C0mmerci
Convention, to be held at Atlanta on the
18th, 10Th and 2lstSinst., by wsy OF the West
ern and Atlantic Railroad. The line is the
same IS Sherman's line of march 10 the sea-
and passes through portion of country
made famous by some hardfought battles.
Commissioner Dougheriy, of the Indian.
apolis east-bound pool, has returned from
the meeting of the Central Traffic Associ.
alton at Chicago. The Chicago pool will be
recognized st once, and Immediately follow
ing the reorganization rates will be restored
81 all points. Rates have been shakey in
this city for some time past. and the mana.
gers OF the majority of the lines will hail the
restoration with satisfaction. There is very
little profit on business carried a. the pres
ent rates.
The Weoley Electric Headlight Company
light in this city st once. The company will
erect building on WeaiMaryland street. on
which work will begin in a short time. This
light has given satisfaction everywhere and
the stockholders anticipate . prosperous
business. The engineer on the Big Four to
whote engine IL Is attached says that the
light works like charm, never getting out
OF Tx. It will IN ell probability be tested on
another Indianapolis road in q few days.
The stockholders of the /. and V. held
their annual meeting in this city yesterday
for the purpose of ejectipg Bosrd of Direc-
tors ana receiving the annual report. The
O. q board, consisting of the following gentle
men. was reelected: J. y. McCullough,
George b Roberts, William Thaw, w. Barnes,
j. ID. Messier, William MuIlens. and J. A.
Perkins. The last named is Local Freight
Agent of tie Pan Handle. The annual re-
port makes the following showing: Gross
earnings for the year enaiDg Decslabsr 81 ,
1884 1912 533 %; cost OF maintenance of way
Sl31C69 %; maintenance of equipment
SIS $50 20; miscellaneous expenses, $13-
lis 10; net earnings $l4S 1SS 80, from which
fixed charges are ID be deducted. The re-
port refers TO the extensive improvements
on the road bed and track during the wear:
aiso The extensions 10 coal fields. Taking
everything into consideration Inc report
makes favorable showing.
GOULD AND TIE WESTERN ROADS.
A cloud has again arisen on the horizon of
the Western lines, ut present no bigger than
Jay Gould's hand, but which my assume
soon such dimensions to create consider
able trouble. As predicted in yesterdays
Tribune, the representative OF Jay Gould's
Missouri Pacific has come TO the front aud
demanded slice of the Omaha and Union
Pacific business from the Western lines.
When the Missouri River Traffic Association
was formed last week the Missouri Pacific
was not taken into consideration. This road
has been getting per cent. Tor it's Omaha
trs f1ic from the tripartite combination, and
it was thought that it would be satisfied with
that hereafter. The representative of the
comps y, however, at the meeting yesterday
made the startling announcement that his
Company has been out Of the tripartite COM
biration since last January, no settlement
having oeen made since then, and that
IL now demanded not only shsre of the
Omaha business proper but also q share CT
the Union Pacific local business. He did
not care to join the pools but wanted the
| pools to give his road certain percentage
| out OF the general pot. He stated tnat moth
ing less than 1212 per cent. would satisfy
| him. VI course. the other roads would listen
| to nothing of this kind. They were willing
| to give the Missouri Pacific something for its
Omaha business, but did not propose paying
such an amount as demanded. Mr.. Odds, of
| the Missouri Pacific, has telegTaphed for In.
| structjons. /. is fsared that Mr. Gould will
make trouble II be does not get what he
wants, and tbs result OF TO days meeting is
] locked for with considerable anxiety
The new pooling agreement was taken mp
and considered settion by section. Only q
| few technical alterations were made. The
meeting assemblies again at 10 clock this
morning, when TIE question of arbitrators to
| tx percentages for the Omaha and Nebraska
cattle pools. aud also the appointment OF q
| Commissi )ner, will be discussed. - Chicago
| Tribune.
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