The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-15
Miscellaneous Notes.

~~-" NNAA'NNAs E"'SAAo1 " "4O
| Miscellaneous Notes.
| The Union Pacific shopmen at Kansas City
have appointed a committee which will endeaVor
to secure modification of the order for the re-
duction of working time
The railway clearinghouse reports loaded
cars coming into New England at all points dur
ing the month of July, 1885, as compared with
July, 1884 as follows: July. 1885, 36,S37; July
1884, 50, 979; increase, S5S
On the Kansas Pacific division of the Union
Pacific, where they have been tried for some
| months the smoke stack invented by Master
| Mechanic Mertsbelmer Is proving great sue
cess. Its use will soon extend to all portions of
| the line.
The freight business on the Wheeling division
| OF the Baltimore 81 Ohio, in both directions, is
immense. This division is being put in first
class order, and being made ready for double
tracking as rapidly as men and machinery can
do it.
The Louisville & Nashville general freight
agent denies that his road has made complaint
to Pool Commissioner Powers, charging the Gin
| cinnati Southern with cutting the grain rate
from Indianapolis to Atlanta, and says there are
no grounds for the statement sent from Atlanta
yesterday.
The Russian Southwestern railway is making a
| novel effort to business, by advancing
money to farmers on wheat consignments. The
wheat is sold at Baltic ports, and after deducting
freight charge and the original advance little
remains for the farmer. There is a bad harvest
| throughout the country.
Sixty-one miles of the Denver Memphis g.
Atlantic railway were sublet, at Belle Plain,
| Kan, yesterday, to be completed and ready for
operation by Dec. ]. This is portion of new
road to be built from Denver to Memphis direct
Messrs. Fitzgerald & Mallory have a contract to
complete 325 miles. Four hundred teams will
| be at work next week.
| 1t is believed by well-informed persons that no
| legal steps will be taken by the Beach Creek
railroad stockholders to prevent the transfer but
| that the Pennsylvania party will refuse to
sell their stock unless better terms are offered
and elect their share Of the directorate, and
make it as uncomfortable possible for the
Pennsylvania Company until they what
they consider a far price for their stock
The report of the financial operations of the
Louisville IL Nashville railroad for the fiscal year
ending June 80, 1885, has just been completed
| a significant fact is that the decrease in operat
ing expenses was double the decrease in earn
ings, the net earnings being larger than for the
previous year After payment of interest on the
bonded debt, providing for the sinking fund and
| defraying all fixed charges, the net earnings
| amounted to $l6S, 900.
The Lehigh Valley Railroad Company is rap
idly developing its purchase of &c, 900 acres Of
coal land in the Snow-shoe region. These lands
| are now producing and shipping an amount daily
eQualing 800, GOO tons per year 1t is taken over
| the Bald Eagle Valley railroad to Lock Haven
where it is placed upon the Philadelphia and
Erie road, and over the latter to Sunbury
| thence by the Northern Central to Mount Car
mel, where it is put upon the Lehigh Valley.
| The Central Traffic Association which is com
posed of all railroad lines bound east from Chi
cago, met at Commissioner Finks Office, in New
| York, yesterday afternoon. IN the language of
one of the gentlemen present, things were
very lively" The result of the meeting was the
decision to form gross money pool, all settle
ments to date from Aug l. The question of
| percentages will be decided later on A board of
| officers elected and given power to confer
with the Trunk lines committee.
The Philadelphia Press says the railroad
trouble will not DO settled by the lease of the
West Shore railroad by the New York Central,
but such lease, if made equitable terms,
will remove one of the chief causes of contention
and relieve the unpaid bondholders of the for
mer company from their present embarrassment
| Whether they will be quite satisfied with the
offer which Messrs. Drexel & Morgan make to-
day cannot safely be said, but the terms are
certainly better than their present condition Of
bankruptcy.
S. Y. White, the noted railroad stock and
bond manipulation, on being asked what he
thought of the present condition of affairs said:
Il think they have passed low water and that
the tide is coming in. 1t takes time to fill all
the bayous, but the Atlantic is back to-day "
''What do you mean by the Atlantic being back
tO-day?' Il mean the American people. rich in
money, rich in resources; men of intelligence,
integrity and industry. With the fertility of
our SOIL added to the fertility of their resources.
We are going to see the recurrence of active
industry"
Vice-charman Pierson, Of the trunk line
pool, considers the West already secured by the
New York Central He thinks the Baltimore d.
Ohio will acquiesce and that the Ohio & Penn
sylvania companies have enough business of
their own to attend to- He can see no way by
which rates can be maintained except through a
pool. and ADVISES the formation of clearing
house system, with centers at Chicago Cincin-
natl. St Louis, New York and Boston, to do the
business transacted between the roads, each
company to enter daily its credits and debts in
favor of and against all other members of the
clearing house, as we'll as all tickets, etc.
The Union Switch and Signal Company is
further perfecting their railroad signals and are
also experimenting arrangement for work
| ing the gates of road crossings. The gate itself
is made of horizontal bar from which depend
short cords, to the ends of which weights are
attached. This fringe-like arrangement pre-
vents any damage being done to either person or
vehicle should the gate be suddenly shut down
upon them. The gate is moved by pistons
working in cylinders, to which compressed air
can be admitted The valves regulating the
admission are normally kept to their seats by
| the pressure of the air, but are forced off by q
spindle, which can be drawn down by an electro
| magnetic current.
Indiana's Grass Crop.