The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-09
Miscellaneous Notes.

Manifest destiny calls the Atchison, Topeka &
Santa Fe railroad to Chicago, says one of the of
fcials of that road.
A dispatch from Uniontown, Pa, says the en-
gineerS on the entire system of the B. q g. rail
road have made demand for pay for overtime,
A conference will probably be held on Friday
aud a satisfactory conclusion reached.
At meeting of the board of directors of the
Baltimore d Ohio railroad yesterday, at Balti-
more, Robert Garrett WAS reelected president
After the election Mr.. Garrett addressed the
board and spoke of the favorable prospects of
the road
The employees in the freight department of the
Panhandle Railroad Company at Pittsburg have
been notified that hereafter they will receive ex-
ira pay for all overtime. This includes the
freight conductors, engineers brakemen and
yardmen.
The German railroads which have been placed
| under the control of government bureau have
lost in mower and efficiency. Railroad develop
ment has come to practical standstill, and
there has occurred an almost absolute loss of
initiative.
The Boston & Albany railroad pays $2ss, 900
corporation tax this year into the State treas
ury The Massachusetts corporation tax is paid
on the market value of the stocks, and will con-
sequently yield about 900 more this year
than in 1885.
There is strong talk in Atlantic & Pacific cir
cles of constructing a railroad from San Fernan-
do through Santa Susanna pass and down
through SINH, Los Posas and Santa Clara val.
leys to the ocean. at San Buenaventura. From
the latter point it will probably be carried
through Castas pass and Carpenteria valley to
Santa Barbara, then up'the coast
The Philadelphia American says: "The feat
ure Tuesday was the gamblers PETITE Phila-
delphia & Reading. This stock met jag of old
investment holdings and weak-margined empty
ings that knocked 1t completely off its base during
the afternoon trading. 1t went down 81 per cent,
nnch hofx fno -hxyo G,,ll;
Highlander, and holders of the shares were
soon running around in search of gastric bal
sam"
The bright red smoke=stacks will soon disap-
pear on the New York 81 New Haven road, and
black be substituted. The reason for the change
is said to be that engineers taught, as one of
the rudimentary principles in their dangerous
calling that rod always indicates danger and
that with red stacks common sight, they
wouldin time become Indifferent to the warning
given by this color, and the liability to accidents
would be increased
The Boston & Lowell company is a phenome-
non. While it owns but about TWENTY-FIVE
miles of track. 1t controls, by lease or other
wise. about 700 miles. covering the entire White
mountain region, with easy connections with
Montreal and the Canadas. It's recent arrange
ment with the Canadian Pacific, by which that
great corporation is to make terminus at Bos-
ton, will give the Boston & Lowell an important
Western connection.
The sale of the Chicago q St. Louis railroad
running from Chicago to Peoria, has been prac-
tically agreed upon. The road was bought by
syndicate represented by Frank c. Hollins. of
No. Ii Wall street, New York 1t is generally
known the Hinckly road, and is capitalized at
So 900, 900. 1t is generally believed that the
purchase made in the interest of the Atchi-
son, Topeka 81 Santa Fe. but il cannot be ascer-
tanned whether this company or private syndi-
cate intends to operate it. Frank e. Holling was
in Chicago ten days ago on this business, and the
negotiations for its sale were carried on then
with Mr. T. E. Hinckley. of Chicago.