The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-01
AFFAIRS OF THE RAILWAYS.
Personal and Local.

agent for the Vandalia at Minshal, vice w. A. OAR
roch. resigned.
The advance in west-bound rates. which takes effect
Monday next is about so per cent. over the actual
though only % over the nominal figures.
Superintendents Miller of the c., st. L. P, Hill
of the Vandalia Stevens of the Wabash and Gim-
perng, of the Dayton & Ironton in the city yes
terday. The two first named will remain until to-day
The prominent dry goods houses have received notice
that on and after Oct westbound rates will be ad
vanced and they accept the situation gracefully know
ing that rates have been too low.
The payments of interest and dividends on secur-
titles during the month of October viii be very heavy
it is stated although large last year many
roads have reduced their dividends
Conferences have been fairly inaugurated. which, it
is hoped. will ultimately result in restoration of
rates to paying basis though it is hardly probable
not up to those which established before the
existing war of rates was begun
At the line meeting in Buffalo, N. Y, to-day the
question of consolidating the White line the Red and
ton. The impression prevails among freight men
that the consolidation scheme will be carried out.
Robert Blee. superintendent of the Columbus &
Cincinnati division of the Decline, today commences
his thirtieth year the road. He is very compe-
tent railroad man. is highly esteemed by President
Devereux aud much respected by the employees under
him.
The Indianapolis Decatur & Springfield Railroad
Company will promptly meet the interest falling due
to day. and that from the earnings of the road The
friends of the property feeling nicely the vol
ume OF business the road doing and its future pros
poets.
Harry Miller late superintendent of the Cincinnati
& Northern road, will not at present enter railroad
service but will look after the affairs of his father at
Richmond, Ind, which require attention than
General Superintendent Miller with his additional du
ties. will be able to give them.
To the credit of the local freight agents. all took
firm stand in the matter of advancing eastbound rates
holA
office. The agents of the seven roads which haul
eastbound business pledged themselves without any
provisos to maintain rates strictly.
An indianapolis gentleman who purchased 81 600
worth of Bee-ne stock in June last, disposed of it
yesterday at So 500. 1t is said more of this stock
has been the market of late and the rapid advance
in the stock the last thirty days has been for
number of persons who might be named.
Superintendent Hill says the Vandalia will to-day
increase its coacar equipments by putting in service
$50 cars which have been in service for six months
past in baastng the road On the I. H & L. division,
thirty five miles has been ballasted with broken
stone gravel to depth of eighteen inches.
II. B. Hammond, receiver of the indianapolis, De-
Springfield road arrived in the city yesterday,
and will remain for several days. Mr. Hammond
states that among Eastern railroad cheer
full feeling apparent and the belief prevails that the
railroads of this country upon the of decidedly
better times.
The belief prevails in railroad circles that number
of the olden-tme ex-railroad officials who the
Beene system WILL within the next few weeks be in
service the road Among those mentioned is @. G.
Gale and Frank Reynolds who handled their live
stock traffic successfully for eleven years Whether
the latter will leave the Pennsylvania people may be
questioned
Notwithstanding the reports that the negotiations
for peace between the Reading and the Pennsylvania
have been interfered with, President Roberts and
President Keim dined together, and Monday after
they held long conference at the Office of the
former 1t is argued that if the old spirit of antagon
ism had been rife these friendly meetings would not
have occurred.
r McC,l1ouob of tho pappcyl
vania company confirms the statement of the Jour
nal that he consented to remain in his present posi-
ton with the understanding that James McCrea
should be made general manager, and relieve him of
part of his abors such going the country at
tending meetings and to look after the physical condi
ton of the roads in the system.
The return of Mr.. F. B. Gowen from Europe is
looked for as an event that may be fraught with
much significance: 1t is believed, and not without
reason, that if Mr.. Gowen determines to take an
active part again in the conduct of railroad affairs
his advent may mark in the current course of
these interests. He has controlled great movements
with hand of acknowledged power in the railroad
world
The Pennsylvania people are feeling much better
the prospects for the Indianapolis & Vincennes
road Their coal traffic becoming important fea
ture of their business and will likely double in vol
ume within the next twelve months. Then there
prospects that their traffic in connection with the
Cairo & Vincennes road is to be considerably in
creased and what is better STILL their local business
promises to be heavy for months to come.
The court has again taken up the West Shore mat
ter and sale will undoubtedly be ordered within
few weeks. The upset price of the road is fixed at
$22 600, 600. The Philadelphia Press says ''It must
make people shiver at the modest request of the
United States Trust Company for round quarter of
million trustee, while their counsel, Stewart g.
Boardman, who have done absolutely nothing to ben
eft the position of the bondholder in any way, ask
for modest 800, OOO."
Southern Legislatures delegated to railroad COM
missions the most extreme and despotic power over
rates. resulting in loss of earnings cessation of rail
road building and checking influx of railway capital.
hocc xr all has o1oI.
railroad law Alabama. South Carolina and Kentucky
have cut down the commissioners powers. The law
in Mississippi is tied up by injunction, The Geor
gia Senate has passed bill curtang the power of the
commission in that State
Notice announcing the changes the Pennsylvania
lines will not be issued until Monday next. and will
not take effect until Oct 10, when James Nc Crea be-
general manager of all lines west of Pttsburg.
John F. Miller. general superintendent of all roads of
which Mr. McCrea was manager prior to his promo
ton, and j. j. Turner succeeds John f. Miller as
superintendent of the first and third divisions and NJ
w. Mansfield succeeds Mr.. Turner as superintendent
of the Indianapolis Vincennes.
H. w. Hibbard general freight agent of the Van
dalia is in the city. He states that disposition is
shown by st. Louis roads to restore rates to-
day. and then maintain them Mr.. Hubbard says
the roads will be we'll off to carry no business as to
carry it at rates of few weeks past consequently
should shippers hold back their freights hoping for
another break in rates, the roads will be off,
while ii rates are maintained whatever property is
carried the roads will derive above the
cost OF transportation.
Sir Henry Tyler, president of the Grand Trunk
railroad of Canada has called meeting of the foreign
holders of American securities to protest against the
runous competition which has resulted disastrously
to American roads The meeting it is to be hoped will
have good results but it not necessary call it
to get the ideas of the president of the Grand Trunk
He favored cutting rates last year long it
profitable, and has been a virtuous reformer during
the whole period of low rates The London meeting
ought to take higher view of the matter and proba
bly, will.
AS surprise has been expressed that E. B. Thomas.
in his present health should accept the position of
general manager of the Richmond & Danville road,
his therefor will not be out of place First
he thinks his health will, in milder
climate than Cleveland be better; second the
owners of the property have for months
been urging him to accept the position Third he
says he IS too young man to retire from active
vice. His circumstances such that the increase in
salary cuts figure in the change His relations with
the 5eelne people, he says have been very pleasant