The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-03-16
RAILWAY NEWS.
a Railroad Man Who Thinks the Van
dalia VIII Not Withdraw From
the St Louis Pool
Other Items

another column, Will take effect on the G.,
l., St. l.. and G. today.
Demands are made more frequently than
ever for cara and sds-trscks are bsing
searched fer Them. Several OF tia IndianaD
ollie reads End difficulty in obtaining suf.
fcient number.
Freight trains on the L1gaksport division
of the vendslia daily average thirty in
number. The rush after the snow blockade
has been fully maintained, as many If not
more cars are being handled. Coal traffic
especially is very heavy.
Mr.. Ashurst, trustee OF the second mort
gage bondholders of the l., d. and s., was in
the city Saturday, and together with other
officials, inspected a portion of the road
Officials OF the l., B. and W., in order to
prove that they have taken good care of the
property. point out the various improve
ments that have been made in the road
since they leased ii. All of the details of the
arrangement looking TO the Abandonment OF
the lease will be perfected tomorrow no
doubt
The receivers of the Wabash fled report
showing the number and amount of re-
ceivers' cert icates issued by them under
order OF Jun 6, 1884, authorizing the issu.
ance OF 81 600 600 certificates to pay current
indebtedness. The first OF these was placed
in New York, where most of the total
amount has been taken, in August last.
They were sold in three series OF 5000,
$4,000 and $4,000, to q total amount OF
$3.50 600. The largest single holder is Alex
M. White, of New York, who holds ten OF
the So, 600 and FIVE OF the $40 600 certificates
II. w. Rathbone holds the only $40, 600 GER
tfcate issued. OF the total amount $780,
600 is due in one year from date OF issue,
and the balance in two years.
The point has been raised as TO whether
the Missouri Pseihc's status in the West
bound pool would be affected by the strike
and its consequent idleness. At present the
Missouri Pacific is not carrying any freight
and is receiving but little, while the Chicago
and Alton bss had SIS tonnage doubled and
the Wabash Is also carrying much more than
usual. The only argument that can be
offered in favor OF giving the Missouri Pa
ciho its regular percentage Is that the same
difficulty might at some time beset one of
the other roads or that the denial 10 the
Missouri Pacific ~ It's ueual percentages
might cause trouble ia the pool II IL is 20
realize It's percentages In the pool the NJ s..
souri, Pacific would hardly care how long
the strike lasts, as far as its through bust.
meas Is concerned. st. Louis Globe Demo.
orat
The majority Of prominent railroad mon
are very little concerned over the announced
reduction Ina East.bound freight rates 10 n
twenty cent basis or the notice given by the
Cincinnati, Indianapolis, st. Louis aud Chi.
oago Road OF the termination OF ifs conneo.
ton with The Joint Executive Committee
after April /. These two incidents count for
little IN the face OF the demoralgad oind.
ton OF Eastbound freight rates, which are
now down 90, II not below tho cost OF trans,
poflatlon. The formal reduction OF East
hound freight ratea, nj tho demand OF the
Michigan Central, bears simply upon tho
question OF the settlement OF tho bat.
h we'll known that Weslsrn roads
have not observed the tariff rates, and the
Michigan Central 10 In eaid, objects 10 max.
ing settlements Ia the Chicago pool on a
bahin that II higher than that &C which Il and
l,a rivals have been carrying the freiaht
The importance OF the Big fonra action
would be much greater, railroad men say, II
rates were being maintalned than 10 n now
when each company does practically what
II pleahea, Tho impression seena %
prevail that the Chicago pool will
pass In To checks April l. The trunk
lines Will suspend settlement undar the
entt.beund pool per oentegea after TINT dats
unlees action 90 The contrary Ii taken ia the
meantime With tho indianapolis pool
broken mp, rates ar other intsrc0mpetltve
points are bound 90 be unsettled, aud la that
ease malntenance OF rates out OF Chicago
or 30. Louis will be impossible evan II tho
form OF the Chicago pool 10 preserved,
fHr yAEpALA AND On. Louls root
81. Louie paper credits member OF the
fahtbound pool with saying "rhe Van.
dalia 10 not out yet, and thore are probablll.
ties that II will withdraw the notice II hai
gwen before the sixty DAYS expire How.
ever, even II II should withdraw |. would
not necessarily break up the pool. Four
roads could maintain the pool almost as we'll
hp I'VE. III the Nandalia went into thsmafk.
81 for freight think We could make rate
~ which We would be perfectly willing they
u'ould take all the businets. IN We stick 90.
evther think Ne could keen the pool no
without any difficulty. still, as said. the
Nendnlla IL not out yet"
Eastern railroad men are quoted a. OK
p'essing the opinion that the Chicago and
~ Louis pools can not exist when the trunk
line pool goes 10 pieces"
With NIL due respect 10 the gigantic
Eastern Intellect, think he knows oompar.
iuvely little ahout our affairs. There Il no
reason In the world why the ST. Louis pool
eho uld not stick together even II the trunk
line pool goes 10 pieces, provided the mem.
bers OF the pool remain with a. We employ
our own Commissioner and pay him, aud
while he 10 responsible 10 Mr.. Fink In some
things. he In reponalblo 20 ua I'm others. II
We agree 60 maintain rates, even II 10 10 only
NJ i've cents per hundred, there IL no reason
Why we should not do 40 In spite OF oil the
Other pools Ia the country
Gould not yonr connections IA the East
affect the rate II they were not interested in
the poolY'
"eome road that was getting three eanls N
lie proportion OF the business might coma In
here and olier some shipper two oanta OF that
20 ship his way. Bat We know n trick worth
two OF that. II any one OF ur found SINE
Eastern road running us ahead In our per-
oeninge we'd divert the business In min.
ute, and that road would never Zee pound
OF II. No, thera IL no reason why We will 10
~, even II the NagdAlla should MlthdraM.h