The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-01-13

Local Passover Agents are very busy a.
present sAssering questions relative to New
Orleans rates.
The information comes from Cincinnati
that the c.. II. and D has sold to a syndicate
of bankers OF that city $4,000 OF 3 per
cent bonds.
Anumber of new freight cars are being
built for the j., NJ. and l. at the Ohio Falls
Car Works, Jacksonville This company
will also have constructed several new
passenger coaches.
Rumors to the effect that the employees Of
the Evansville and Terre Haute Road have
determined 10 strike ere without truth.
While they are dissatisfied with the wages
they are receiving they will not threw up
their positions at the present time at any
rate.
A railroad man says that the prices of
rails in this country resched q lower point
in 1884 than ever before. At the close of
the year steal rails were quoted at $2S. This
railroad man thinks that at the current
priC es r6ils have become but an insignifi can't
part Of the expenses of a railroad. TaeTe
was a time he Gays when iron rails which
would not last three years, were used aud
cost $50 per ton. Steel rails last twenty
years.
There is quite heavy movement o. nil
stuff to Eastern points at the present time.
Representatives Of the Bee Line, l., B. and
W., and c., e. and D. Roads state that they
are hauling 8 considerable amount of corn
TO Toledo and other lake points. Western
farmers have come to the very sensible con-
clusion that there is more profit in shipping
grain at the present prices, even though
they be low, than in feeding it TO swine.
They held oil for long time, though ex-
Peoting TO see prices shoot up every day.
The most notable feature IN the grain re-
ceipts at New York during the month of
November is the very large amount brought
by the West Shore Road. The total rail re-
ceipts were 21H per cent. larger then than
in the previous month, hut the receipts of
the West Shore were 50 percent. greater.
They were l3 y per cent. of the total rail re-
pts while the LackaWalna's were but p
and the Pennsylvania but IL y per ceaJ.
Considering the limited rail connections
that the West Shore has west OF Buffalo,
this is very large business. 1t did not
have TO depend upon the railroads fer it,
however, as the lake vessels afford grain TO
any carrier who will bid low enough for it
in competition with the canal.-Railroad
Gszette.
But seventeen of the roads included in the
central group, that is lines east of the Mis-
sissippi and north OF the Ohio River, have
Ie ported earnings for eleven months ending
November 30 1884. Bat five OF the ssyen-
teen report increased earnings aud these are
not by any means tine important of
the group. Taking everything into
consideration, however. the reports of the
remaining twelve are not 81 all unfayoraDle.
The Cincinnati, Indianapolis, st. Louis aud
Chicago during the eleven months, earned
81, 223, 727, against 81 .305. 42S for the same
period in 1883; earnings per mile, 1884,
Sc 500; 1888, So al. Indiana, Bloomington
and Western, 81, AGO. go, against 81 724 720
IN 1883; earnings per mile, So 5l4 1888,
S3,9l5. Evansville and Terre Haute, $685.
COS, against 500 40; earnings per mile. 81
1853; in 1888, 81 500. Peoria. Decatur aud
Evansville, SOL 1854, against $3.50, 800 in 1888
earnings per mile, 81, 763; in 1888, 81, SOP
Owing TO lack of space the earnings of the
remaining fourteen roads reporting are not
given. Suffice to say, that the earnings of
the entire seventeen were $50, $40 729. against
| $33 203, AS in 1888; decrease, $212, 18S. The
tOtoial earnings per mile we're SO, los, against
| s. ,566 in 1888; decrease, S463