The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-24
AFFAIRS OF THE RAILWAYS.
Personal and Local.

Personal and Local.
Paymaster Sheldon. of the Bee-line system is
On his monthly rounds, paying for August serv-
ice
Charles II. Cram, general ticket agent of the
Connecticut River railroad, has given up his pc
sitiOn and gone to Castleton. d. T.
The fact that the Iaekawanna road was not
represented at the meeting of the trunk lines is
looked upon as an unfavorable omen.
Is is said Henry D. Brookman, the wealthy
Brooklyn warehouseman, has recently bought
Ia00o shares of Lackawanna for investment
Western coal dealers need not be surprised
should there be an advance Of 25 cents per 100
pounds on shipments of anthracite coal within
tho next ten days.
Legal proceedings are reported as likely to be
taken TO get the z, 600 shares OF Clnelnnati,
Hamilton q Dayton standing in the name of Mr..
-1ewett transferred to the company.
The supposed-t to be defnnet Indianapolis Ticket
and Passenger Agents Association shows signs
OF life. FL. r. Dering, secretary. has called
meeting of the membership at the Bates House
tomorrow
West bound rates are based on 963 miles from
New York to Chicago and Gil from New York
20 indianapolis, which makes the rate on the
several classes frem New York TO this city respect
lively, 81, AZ. 49, %, and 19 cents per 100 pounds
President Devereux of the Decline system,
in receiving daily numerous letters signifying
that several railroad managers were willing to
DO induced to step into the official shoes OF Mr..
Thomas. Chances for outsiders, however, are
siiaa.
The Financial Record, while bullish on the
gensral market is particularly SO on Richmond
e Danville, says it is Immensely valuable, and
viii have a remarkable advance under the new
management. referring to E. B. Thomas taking
held.
The Erie people give notice that they are out
Of the east bound market until rates are ad-
xa1ced. 1t is said that the proposed restoration
Of rates ordered for Monday next was brought
sboat largely through the positive stand the Erie
had decided to take.
Charles s. Turner, for many years president
and general manager of the Worcester. Nashua
1k Rochester railroad, has resigned. He is sue
seeded by Charles A Sinclair, of Boston, son-in-
law Of Frank Jones, the wealthy New Hamp-
shire brewer.
In his new position James McCrea, general
manager of the Pennsylvania lines, will have
under his management 2 Gil $40 miles of main
line; John f. Miller as general superintendent
Of the several divisions under him, will have
: ,5Z3 13100 miles of main line.
The rumor is afloat that W. Fl. Adams, Of ST.
Louis, will succeed g. c. F. Bent as master of
transportation of the L., N. A. & G. r. r. Why
there should be any change Is a question. Ger
Sainiy the affairs of this department. were
Mr. Bent
President Robert Garrett, when questioned.
said he had good deal to do but nothing to say
about railroad matters. Despite the large num-
Der of railroad men, reporters and others who
called upon him in the effort to obtain his views
and intentions, he positively refused to say any
thing touching his plans the future move
meats of his corporation.
The sharp squirt of business within the last
thirty days which created so great demand for
cars has slim ulated railway managers to gather
ing up their cars and putting them in good re-
pair. On some roads the economy hobby was
carried so far that car brakes, trucks, doors and
couplings were allowed to 60 without repairs, if
the cars would stand on the track
Alexander Mitchell, John Plankington, and P.
D. Armour, of the Chicago, Milwaukee & St.
Paul directory started for New York Tuesday.
AT the meeting of the directors in New York on
Friday it is expected that the purchase of the
Milwaukee e Northern will be considered the
extension to Kansas City ordered, and plans for
q new $685. 900 depot at Milwaukee adopted.
Theforeclosure sale of the Cleveland, Delphos &
st. Louis road has been postponed until Oct Z
There seems to be two factions of bondholders
who. as bondholders will do. at war with one
another The Pittsburg bondholders are fight
ing to have. the sale postponed, while the Ohio,
bondholders are anxious to have 1t proceed IL
Is hardly likely that the matter will be delayed
later than the 7th.
Injustice has doubtless been done Thomas p.
Barry, general passenger agent of the g., w. 81
B. road, in the report published in some of the
newspapers to che effect that he was So, 900
short in his accounts. The fact Of the matter is
that two clerks under Mr. Barry have been
short in their accounts, and that the matter was
privately adjusted two weeks ago to the salts
faction of Mr.. Barrys bondsmen and the officers
Of the road Mr. Barrys bondsmen say he is
not 20 blame, aud that the matter was mali
ciousiy divulged, in a garbled shape, by some
personal enemy of Mr. Barry.
As over 80 per cent of the east bound business
last week was carried by the Vanderbilt and
Pennsylvania lines. and as these lines are now
friendly footing. it is urged that there
should be no obstacle toward an amicabe settle
ment OF the matter, and an advance in rates to
. remunerative basis. However, the latest story
to account for the low eastbound grain rates is
that Pennsylvania and New York Central have
q secret agreement to keep rates down SO as
TO discourage the lake and canal traffic. buy up
Tho boats, and another year control that trans
portation as well as the railroads.