The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-14
AFFAIRS OF THE RAILWAYS.
Personal and Local.

Personal and Local.
The east-bound through movement of live
stock is somewhat on the increase and heavy
fall traffic is anticipated.
The Wabash through passenger route from
Detroit to st. Louis carries an average Of one
hundred and fifty passengers daily
Under the reduction of expenses ordered by
The Pennsylvania people the wages of some of
the shop men will not aggregate more thar sc
cents per day. it is stated.
Last week the Decline forwarded 1870 loaded
ears, against 1872 thu corresponding week last
year; the c. St. L. g. P. 1884, against 737; the l.,
b. e. w. 3S4. against 636; the c., Fl. e. ID. 334,
against 429 the corresponding week in 1884.
Judge Gresham has entered an order granting
permission TO Jonathan FL. Cheney, receiver OF
the Lake Erie & Western Railway Company, to
buy steel rails for the road from Bloomington to
Muncie, Ind The cost will be about $50, 600
The FIVE Western lines last week brought into
Ibis station 4017 loaded cars, as follows: l. %
St. L., 1872; Vandalia .256; O., l.. st. L. q u,
752 l., B. & w, 479; l., D. & S.. 2l8. In the
week ending Sept 5. the same roads brought In
d. 81 loaded cars. Decrease last week, IA cars
The P, C. & ST. l.. road is handling at Pitts
burg daily, between 400 and 900 carloads OF
freight The principal shipments are Of coal,
coke, grain and railroad iron. The volume of
freight on this road according to Superintend-
ent TAYLOR is 10 per cent in excess of that for
xhe same month OF last year.
Manager Talmage is said to be quite sanguine
over the come-out OF the Wabash road. 1t is said
the plan Of reorganization is being carried into
effect more speedily than was anticipated. When
completed the road will be relieved of much of
Its load of debt, and about So. 900, 900 will be
hand to pay the floating debt and purchase
needed supplies.
Friday last w. w. Peabody. president of the
in wit
Gol. Bennett H. Young, president, and John
Macleod, chief engineer of the Kentucky and
Indiana Bridge Company. visited and closely in
Hpected the bridge piers. approaches, and the
iron work now in progress Mr. Peabody was
very decided in his favorable expressions of the
bridge.
The railroad war does not seem to settle itself,
outside of that accomplished by the swallowing
of the West Shore by the New York Central
Everywhere else it RACES with undated fierce
This does not look as if the magnates had
determined on peace, and in & measure justifies
che predictions of conservative New York papers.
notably the Evening Post, that until the
ended no great and permanent advance in the
price of railroad securities can be expected.
The fact that grain is now being carried by
railroad at rates below those at which the lake
steamers will take it in connection with the Erie
canal shows the extent of the present competi
tion The owners of lake steamers find it
cheaper to tie their vessels up and put them out
Df commission than to make "a positive loss by
transporting dead freight at present railroad
Fates which, it is ruInared, fell on Saturday to
cents between Chicago and New York, with
allowances to Philadelphia and Baltimore.
The purchase of the Logansport, Crawfords-
Vile 81 Southwestern. road at the foreclosure sale
of Sept 10, 1879, by the McKeen syndicate. they
practically rebuilding the road and renewing
the eq uipment of the road, and then extending
it to South Bend in spite of the depressed times,
is highly creditable to the men who form this
syndicate; but what is better still, under the
trying times which railroads have been subjected
to the past three years, this road has earned
enough to pay operating expenses and the fixed
charges without any expense to the Terre Haute
81 indianapolis Railroad Company. which leases
the road fer % per cent of the gross earnings
As well guaranteeing the interest on the first
mortgage bonds.
The Pittsburg Commercial of Saturday says:
president Roberts, of the Pennsylvania road,
spent nearly all of yesterday among the Offices
Of the company and those of the lines west of
Pittsburg; James McCrea, manager of the Pan
handle, w. A. Baldwin, manager of the Penn
sylvania Company. W. o. Hughart, president of
the Grand Rapids s. Indiana Thomas ID. Mess
Ter, third vice-presdeht Of the Pennsylvania
Company, and other officials were in consulta-
ton with him at various times during the day.
Yesterday afternoon Mr.. Roberts made visit
TO the tracks of the Virginia 81 Charleston, on
the South Side, and last night he left for Phia-
delphia. It is definitely known that Mr..
James McCrea. manager of the Panhandle, is to
come to this city general manager Of the
lines west of Pittsburg. Mr. McCrea declined,
yesterday, to say anything in regard to the mat
ter. saying: There is nothing for the public to
know about it just now"