The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-02
AFFAIRS OF THE RAILWAYS.
Personal and Loca'

L.. G. & D. road, if built will touch Jefferson
vile.
The proposed railroad from Cannelton, Ind,
by way of Tell City and Troy to Gentryville will
be built The surveyors will commence locating
the line on Saturday. Morris Mcdonald, of New
Albany, is president of the company.
]. L. Raibel, formerly chief clerk of E. B.
Mcclure when the deceased was superintendent
of the /. & st. L. road, is spending few days
with friends In this city, For seven years past
he has been in Denver in the service OF Wells
Fargo & Co.
The impression prevails that the court will or
der the Illinois Midland resold, as the recent
foreclosure sale was unsatisfactory, seemingly,
to all parties. SHOULD the road be sold again it
will doubtless become part of the system OF
one of Indianapolis best roads.
There has been general advance OF wages by
the Baltimore & Ohio Railroad Company to the
employees on the Lake Erie division-the engin-
GERS. firemen, brakemen and conductors This
advance is voluntary act on the part of the
managers of the road
1t is stated that there is not a road in this
State, or in Illinois, that derives so large per
cent. of its gross earnings from its passenger
business as does the Indiana, Bloomington q
Western. The earnings of this department.
often reach nearly 30 per cent OF the total sum
of gross earnings
Horace Scotty yesterday received telegram stat
ing that he had been elected president of one OF
Kansas new roads, the to-be built Wichita,
Dodge City & Trinidad. The road runs west
from Wichita, and Is to be 273 miles in length.
Colonel Scott will leave for Wichita to-day to
look the field over.
Herbert Royston, who represents the Indian
apolis car works in Chicago, is spending day
or two in the city. he has two or three good
contracts which he expects to close in a few
days. The first question now asked by roads
that wish to contract for cars is, "How soon Can
you furnish them"
A. E. Schrader, traffic manager of the Illinois
Midland road, was in the city yesterday. He
states that the road will withdraw from the Pc
oria pool, as the other roads show disposition
to crowd them out of business there by award
ing much smaller per cent. in the east bound
pool than they are entitled to-
There is good deal of scolding among West
ern freight men that the trunk lines are using
the cars of Western roads to handle the accu-
mulated grain which is to go forward from Buff
falo and other points to the Eastern markets in
stead of promptly returning them to the roads
which are entitled to their service.
'"Tom Anderson" says a Kansas paper, ''is to
have high official connection with the passenger
agency of the Chicago d Rock Island road. The
great Rock Island route could not do a more
popular thing Tom Anderson knows all about
Kansas, and is thorough railroad man. He
gave the Santa Fe very much of its popularity"
The st. Louis. Jerseyvile & Springfield rail
road, a portion OF the Wabash system, extending
from Bates, H.. to Elsa, on the Mississippi
river, and thence to Grafton, has been secured
by syndicate of St Louis capitalists, who will
operate the road independently hereafter. under
the name of the ST. Louis g. Central Illinois rail-
road.
If there is any virtue in pools. let there be a
west bound pool out of Indianapolis formed at
once AS matters now stand neither of the
Western lines are realizing any revenue on any
freight they carry for points west of the river,
where arbitrary rates take effect--hardly
enough to pay for the oiling of the equipments
on which the freight is moved.
At one of the monthly meetings of the direc-
tors of the Pennsylvania Railroad Company the
fact came out that that corporation had just
paid out 1874, 900 for covers" to other companies
in the trunk-line pool which had carried less
than their quota President Roberts was asked
what the company was getting in return and he
frankly admitted that he did not know.
The earnings of the L., n A. & c. road for
the third week In November were $37 1922 in
crease over earnings for corresponding week of
1885, 81 $40. The earnings of the Wabash were
$246. 900; a decrease of 5000. as compared with
earnings for the corresponding week of 1885
The earnings of the c., III. & d. were 1886 more
this year, in the third week of November, than
last year.
The southwestern system of the PENNSYLVANIA
lines of which John F. Miller is general super
intendent. earned in October, gross. ST. 49, 300
against $1.014,671 Curing the corresponding
month in 1885. The net earnings this year were
$3l9,300 The earnings for the ten month end
ing Oct 81 were SIS, 200, gross; net!earnings
ST. 25O 800; increase over the net earnings of the
corresponding period in 1885, 81, 751, 300
The Boston Commercial Bulletin says the bull
point on Atchison last week was the extension
to Chicago and this point on which the stock
went up to par, would three months earlier have
sent the stock down ten points. The idea would
then have been that running in debt $40, 900. coo
or SIS, 600, 900 more was perilous in the view of
the experience the Wabash got in extending to
Chicago. Now 1t is simply an evidence of enter
prise on the part Of the management
Several changes In agents on the c., T., st. I. &
Z. took effect yesterday. e. Woodington night
operator at Kankakee took the agency at St
Ann, vice E. c. Corkins, transferred from ST.
Ann to Fowler. no succeeding George Richmire,
who resigned to take the Office of county CLERK
of Benton county, to which he was recently
elected. 70. H. Lakin takes the agency at East
man, vice F. A. Doll, appointed night operator at
Batesville, one Of the most important Offices on
the road.
Joseph James Coleman has been appointed GEN
eral freight agent of the Louisville, New Albany
& Chicago road, W. Fl. McOoel, who formerly
held that position, having been promoted with
the title of general traffic manager Mr. Coleman
was until recently the general freight agent of
the Milwaukee g. Northern and the Wisconsin 81
Michigan roads, at Milwaukee. He is thirty-fve
years of age, and has had twenty years expert
ence in railroadiug He assumed his new duties
yesterday
In the eleven months ending Nov 30 the ISL
and City Coal Company has forwarded to this
market. over the indianapolis & Vince nnes
road, 81, GOO tons of COAL and are now placing it
on this market at the rate of 600 tons per day
Then there is the coal traffic of the Digger mines
to be added to this. It's less than five years ago
that the high officials of the Pennsylvania lines
smiled and made fun of the young superinten-
dents VINO asked for aid to develop the coal in
dustries on the line of the L & Y.
The net increase in earnings on the whole
Pennsylvania system the ten months ending Oct.
81, were $l,272, 1876. There has been an extraor-
binary increase of expenses, which indicates
continuation of the policy on the part of the
Pennsylvania of improving the condition of the
road and the equipment, even though dividends
do not grow This will prove to be wise in the
long run. Big dividends encourage competition,
A good road-bed and equipment make railroad
do business at profit even when rates are low
T.