The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-01-26
Miscellaneous Notes.

An official Of the Manitoba road is quoted as
saying there is larger amount of wheat in ele-
vators along the line than ever before in the
history of the road
After thorough trial. the new twelve-wh eel
engines, recently placed on the Southern Pacific
between Los Angeles and Sumner have been
pronounced a success and their use will be- con-
tinued.
Pacific and Nortern Pacific railroads that neither
shall build into the others territory in seven
years prevents the building of the Helena IN. r.
branch of the Utah g. Northern.
There seems to be but little question that the
Gould lines west of the Missouri river will be ex-
tended into territory at present occupied by the
Union Pacific, the Burlington and Atchison COM
panies. Some of the recently acquired roads
seem to possess little value except as basis for
future extensions
The Baltimore g. Ohio people will establish
new division from Wheeling to Charleston, w.
Va, under the name of the Wheeling Junction
railroad. The incorporators are E. j. d. Cross,
j. K. Cowan. T. NJ King r. T. Devries, M.
Reilly, Thomas O'Brien and John G. Hoffman.
This is an extension talked of for some years.
The cut in freights by the transcontinental
lines to San Francisco. which began few days
ago after weeks truce has reached Portland,
Ore The Union Pacific has privately notified
shippers there that any rates to San Francisco
would be duplicated by the Union Pacific to
Portland In many cases the cut is 80 per cent.
The gross receipts of the Russian railways in
the first three quarters of 1885 amounted to
E16 500 000 an increase over the similar period
in 1884 of f242, 600; but the receipts per verst
(fveeighths of a milel were only ELS, against
e741 in the previous period. 1t appears. then.
that the growth of the railway system of Russia,
we'll as of America, is greater than that of the
traffic available.
The Lehigh Valley seems to be in good condi-
ton financially. The presidents report shows
the gross earnings for 1885 of the company to
be So 289, 261 and the net earnings 81 400. 266
After deductng interest. dividends and general
expenses, there was surplus on hand of $50, 102.
No floating debt exists Coal and freight cars
at cost of $36l 000 were added to the equipment
during the year.
Southern overland tourists who have made the
trip to San Francisco from the East, on third
class coaches, are complaining OF misrepresenta.
tions by agents. Many of the excursonsts have
been led to purchase third class tickets by being
persuaded that there is great saving in so doing
and that the accommodations and privileges are
similar to those of first-ciass passengers. They
say that there is hardly any saving in travelling
third class.
A new plan of Lake Erie & Western Naviga-
tion is proposed, and to escape foreclosure by
exchanging bonds with the Lafayette, and
Bloomington, and Muncie, to make the first
bond, and allow an issue of 20-per-cent pre-
ferred stock and the exchange of the Lake Erie
Sandusky division bonds for 5-per-cent bond.
The assessment proposed would give the com
pany $463, 900 to pay off its floating debt, etc.
The South Carolina Legislature, at its last ses
sion, incorporated a number of new railroad
mpanies, and the prospects now are that most
of these lines will be built, as the incorporators.
generally are men of capital and energy. The
enthusiasm throughout the State in favor of new
roads is described as assuming the character of
a boom, and the chances are favorable to the
construction of an important network of rail
roads before the fever subsidies.
About year and half ago the Union Pacific
railroad purchased onefourth interest in
twenty eight Pullman sleeping-cars doing duty
on its lines. The company has lately proposed
putting on its own sleepers, and this contem-
plated action has awakened the Pullman people
to such degree that to keep the Unicn Pacific
from carrying out its intentions they have sold
controlling interest in the cars. The result is
that the Union Pacific shares profits at the rate
of three-quarters of the gross receipts from this
service