The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-13
AFFAIRS OF THE RAILWAYS.


The Wabash people last week received six
engines which had been rebuilt at the Scheme
Tady Locomotive works, New York.
Receiver Humphreys, of the Wabash, says
that the earnings for the month of June fell off
about 800 900 compared with those for the
corresponding month. 1884.
'sThe most wonderful country that God ever
made lies on the line Of the Chicago & ST Paul
read, according to Phil" Armour the new di-
rector of the company and great Chicago specu-
lAsor. He came to this conclusion when riding
ovcr the road at a speed of forty miles per hour.
The five Western lines last week brought into
Indianapolis 8. 224 loaded cars as follows: l., d.
& s, 254 l., b. & W. Al; c., l., St L. g.,
SEQ; l. q st. L., S92; Vandalia 1,046. The same
roads in the week ending July 4. brought in
). 20 loaded cars. Decrease last week, IL cars.
The seven Eastern lines forwarded last week
3iT6 loaded cars follows: L., n, A. O. Z. AR
line, l04; Wabash POI; G., Fl. d l.. 203; l., Is. q
w. 426 c.. l., st. L. 81 c.. 66l; g., st H. d r.,
G62; Decline, 92l. The same roads forwarded
In the week ending July 4, 3,U7 loaded cars;
decrease last week. 599 cars.
That the directors of the Indianapolis live
stoek wards were able to declare per cent.
semi annual dividend, and to pay it from money
earned not borrowed certainly speaks we'll for
the management The fact is that in the man
agement Of this enterprise and the accommo-
d2ssons the yards furnish there is little room for
improvement.
The Pennsylvania Railroad Company has
about completed negotiations for the purchase OF
&hs junction 81 Breakwater railroad extension
from Harrington, on the Delaware division OF
Tho Philadelphia, Wilmington Baltimore rail-
road, distance of eighty one miles, TO Frank
ln. penetrating the most prolific section OF the
Delaware peninsula.
Thirty-one railroads have tumbled into the
hands Of a receiver since Jan. ]. NJ. G. Howe,
assistant superintendent of the Houston q Texas
Central on Saturday took hold as receiver OF the
property The Houston, East d West Texas is
a barrow gauge line running from Houston to
Shreveport when completed Trains are
being run on the road as far Logansport La,
distance of 1872 miles.
The Chicago, Burlington & Quincy, the Union
Pacific, and some other railroads that have the
means to take advantage of the current low
prices for steel rails and rolling stock are spend
ing good deal of money this summer in putting
u cir properties in first class condition. This
sor4 Of management may increase operating ex-
penses for a short time and give the bears a
welcome point" but there is wisdom In 1T, all
the same.
Henry Willard is enjoying life and pleasant
apartments at Berlin, on the thoroughly German
Karfurstendamm and overlooking the geological
gardens, the finest in the world, whence the bear
srowls and the lion roarS more cOngenlal
than the hugs of the bears and the claws of the
money lending lions which so bruised Mr.. Vii
lard in Wall street About the only work in
which Mr.. Willard is at present engaged is for
the Oregon & California railroad whose affairs
he is assisting to straighten out.
The first instructions that Receiver Hammond
gave Superintendent Bender, of the L., ID. d $
road, was that he clean up things In the yards
about the shops, at the stations and along the
line of the road. and he went about the work in
earnest; and now in the round house. the shops,
about the yards and the entire roadbed from In
dianapolis to Decatur, the road presents a
clearly, safe appearance, and III passing over the
road one really feels that he is travelling on one
OF the Pennsylvania companys lines; so much
order and system is noticeable
Cincinnati, indianapolis, ST. Louis g. Chi
eago road has cash on hand sufficient
for dividend, but will defer payment till
September, or until it is determined whether the
money may not be in some way needed to pro-
feet the interests of the company, the Boston
Herald says: The railroad that divides every
dollar of cash is not in strong position never
theless there Toads-and they are not
few-which vote to divide more than they
possess, and borrow to make up the deficiency.
Mention made, few days since. that the
Erie people were hereafter to give their passenger
traffic more attention, President King being of
the opinion that this branch of service has been
neglected. and now it is stated that it has been
decided to put a new West bound fast train,
TO run over the Erie. and Chicago and Atlantic
roads from New York to Chicago. This train
viii be composed wholly of the finest Pullman
coaches and slice pin ears. and will leave New
York every evening at 6 o'clock, arriving in
Chicago the next evening at o'clock The first
Of these trains left New York last night.