The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-03
President Derereux,s Report.

President Devereux in his report of the
Cleveland, Columbus, Cincinnati 81 Indianapolis
after stating that the gross tonnage fell off per
cent. and the gross earning II per cent. and that
this was due to cut rates, made under Chicago
domination, gives utterance to the following
wise conclusion; When, and so long as, the I'M
usual difficulties of the past year obtain in re-
spect of the older and new roads between the
seaboard and the West in their relations to and
struggle for traffic. there can be no expectation
of establishing an assured earning power of the
railway, nor until vested capital duly restricted
and held amenable tclaw shall also be protected
by law The Railway World, in commenting
on President Devereux's report, says: 'Independ-
ent of the usual statistics It contains statements
OF general interest which should attract the at
tentlon OF all who are disposed to arrest the
fierce competitive strifes that are driving a
large portion of the railway system of the
country to financial destruction. The lines of
the company traverse regions between the lakes
and the Mississippi which are subjected to the
full force of competitive influences. Sixty
i've per cent. of last years traffic was through
traffic, and the decline which occurred in the
rates obtained for it accompanied with a
corresponding decline in the rates of local tom
mage. The average ipts per ton per mile for
through east bound freight traffic were .495
cent a lower point than they had ever pre-
viously reached. The nearest approach was in
1873 l, when they fell to .499 cent, but in 1883
tn ey were .622 cent and in 1882 they were $50
cent The average during the last ten years
was .592 cent. A similar decline occurred in
the average receipts per ton per mile for the
movement of west-bOund through freight, which
were $50 cent in 1884 The lowest point they had
previously reached was 500 cent in 1881, and
the average during the last ten years
was 600 cent The average receipts for
through passenger movements, per
passenger per mile, also declined to a lower point
than in any previous year, being 1.731 cent,
while the average for the last ten years was
1888 cent" The World closes lengthy anal
ysis of the statement follows ''As the
main line of the Cleveland, Columbus, Cinein-
natl q indianapolis, 391 miles long. to which the
report relates, has comparatively small bonded
debt its stockholders have vital interest in the
question whether reasonably fair rates shall be
maintained. just returns for the service rem
dered will presuinable insure them remunerative
dividends while a continuance Of such downward
tendencies as prevailed last year would render
their property unproductive.
Earned Promotions on the vandalia.
Joseph HILL superintendent of the Vandalia,
with the approval of VIM r. McKeen, president,
has. appein1sd -N--K--Ellia -sunerin.eadent- Of
transportation, with Office at Terre Haute, Ind.
The Office of master of transportation is abol-
ished. E. r. barlow IS appointed assistant
superintendent, with Office at ST. Louis, Mo.
The appointments take effect to-day Both of
the appointments are excellent as both
Mr.. Elliott and Mr.. Darlow are very COM
petent railroad men. Mr.. Elliott was
born near Middletown, Butler county, O.. May
Il, 1888; entered the railway service Jan. Is,
1861; from that time to May l, 1862. brakeman
on the Cincinnati Wilmington 81 GAINESVILLE
railroad; from Aug, l, 1862, to Dec. l, 1868,
train messenger for Adams Express company;
from Dec. i. 1868, to June /, 1864, freight con-
ductor on the Cincinnati Wilmington & Zanes-
vile rairoad from June 20, 1864, to Jan. 10,
1865, freight-train conductor on the Columbus,
Chicago 81 Indiana Central railroad from Jan.
10, 1868, to Aug. /. 1869, passenger conductor on
the same road: from Aug /, 1869, to April 10,
1873, passenger conductor on the Terre Haute 81
indianapolis railroad; from April 15 1873 to
date, master of transportation.
MIR. Darlow is some thirty years old, but has
not seen SO much of active railroad service as
has Mr. Elliott. Mr.. Darlow began railroad
life on the Illinois Midland about 1872, he
acting as private secretary and stenographer for
President Hervey. In 1874 he accepted similar
position with the late Maj. John E. Simpson.
general manager of the Vandalia On the death
Joseph Hill general superintendent, Jan. l, 1880,
for Colonel Hill who now appoints him assistant
superintendent
Still Working for the Shippers.
Line agents who had any surplus cars were
busy, yesterday. acquainting shippers with the
fact that east bound rates would be firmer and