The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-03-15
AFFAIRS OF THE RAILWAYS.
Personal and Local,


Tim Ave Western roads last week brought into
Ess statioa 3s25 loaded cars against 8 955 in the
sgssk ending March 6, and against $3.50 the cor
Eesponding week in 1885.
Freight agents at this point have been notified
by the Atchison, Topeka 6 Santa Fe people that
they are cutting freight rates to junction points
On the A, T. e. S. F. as well as to the Poetic
coast
: Itis one year to-day since G. L. Dickinson
whO is now said to be in Canada, became so Ill
shat he thought himself unfit to attend to the
duties of auditor of the l., B. e. w. lines, and
asked for few weeks rest
The Union Railway Company have in their
custody some $12. 600 of the c., I'll. & d. peoples
money, which they have held back pending the
Settlement of the rental question This money
Is from sales of tickets at the Union Depot.
The Bee-line people have begun 1886 in a
manner which indicates that deficits" in their
annual statements are to be thing of the past.
Both January and February, it is stated show
handsome surplus earnings. Their tonnage was
heavy, and carried at full tariff rates.
The c., l. St l.. & c. earned, the first week
Ia March, S53 81 against $40 $40 correspond
5ng week 1885. Increase this year, 81, TIA. 81
There was increase this year in freight
earnings of $5.7l4 Ga. while there was de-
crease in passenger earnings of 81, OLA. %.
~ q
their west business much better than east-bound
business Last week this road brought in 756
loaded cars and forwarded but 479. The west
bound movement over the Beeli as we'll, was
considerably heavier than their east-bound ship
ments.
Il is one year to-day since the l., B. & w. peo-
p12 threw up their lease of the l., D. g. S. road.
Wat is somewhat strange, both the lessons and
leases think the action was fortunate one for
the respective interests. The business of the l.,
n 20 1IIlxy INT haau 1nda fbo
present management
II is said the bondholders who purchased the
D&nvilIe, Olney & Ohio River road feel that
they have quito an elephant on their hands, and
must put several hundred thousand dollars more
into the enterprise before it will te of any real
valne Heavy losses have been incurred on this
road however by others than bondholders.
The Indianapolis Rolling mill Company is out,
1t is said, some $3S, 900, as an outcome of the
foreclosure SALE
When the l., B. e W. people built their eastern
division the reason assigned was that the shabby
treatment they received from the Decline people
forced them to do it for self protection. Con-
frary to the l., B. & w. peoples expectation the
Beeue has suffered very little in its volume of
business, the c., st. l., & P. thus far seeming
10 be the most affected. The c., St L. & P.
people, however, say they have maintained
rates. while their competitors, until quite re-
Gently, have not
The belief prevails that the question at issue
between the Union Railway Company and the
C., II. q D. people viii yet need be settled by
arbitration. in which manner it should have been
settled in the beginning The suit which has
been in progress seems to settle nothing except
what rental the c., II. & D. shall pay for
some eighteen months past The Union rail
way management do not expect to get the full
sum sued for; neither do the c., e. & D. people,
if properly understood, expect to get off with a
rental of only $500 per month.
Below is shown the east-bound movement
linz loo
as compared with the week ending March s, and
With the corresponding week in 1885,