The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-01-25
AFFAIRS OF THE RAILWAYS.


~tun last week. 8, asa loaued cars, against 0,ZIU
an the week ending Jan. 16; increase last week.
2l4 cars
Union Pacific officials say they have no infor-
snat;on of the reported discharge of 300 Of their
bands at Omaha, though they admit that or 4ers
for retrenchmsnt have gone out.
Wm Bledsoe, formerly of the e, g. 7. 81.
Office. Terre Haute, now f. & agent at Clay
City. has been appointed agent of the Pacific
Express Company at Terre Haute
Since 1872, of the freights carried over the
The Wabash road, 46 per cent has been through
busint ss 81 per cent local traffic, while the
Bee-lie has carried So per cent. through bust
mess, AZ per cent. local traffic,
The lust three days of the week ending Jan.
% the u, l., St L. & 9. did an old.fashioned
business. bringing in over the western division
in the three days 62l loaded cars, and forwarded
over the eastern division 533 loaded cars.
Traffic Manager Lazarus of the l., D. & S.,
deserves to be patted on the back for the earnest
fight he is making to prevent business at points
on the l., ID. & S. which are crossed by Chicago
roads being hauled to Chicago. The c., J., st. L.
q O.. as we'll, is making manly fight in the same
direction.
It's authoritatively stated that the duties of
receiver of the Texas e. Pacific railroad will
necessitate the retirement of Governor Brown
as general solicitor of the Missouri Pacific. and
that he will give place to a successor soon as
ne can complete some pressing business now on
his hands.
Chicago & Eastern Illinois stock, which has
been, for a long time. exceedingly quiet, is just
now experiencing quite squirt having sold up
from so To so, the latter price having been made
upon the favorable statement of the gross and
net earnings for the first six months of the fiscal
year, published Friday last
Said a prominent railroad man, on Saturday:
From present indications think that the SEN
ate has been preparing to thrash out the subject
OF interstate commerce pretty thoroughly dur
ing the coming session. The two committees
will certainly supply all the necessary facts for an
historical and statistical study of the problem.
The passenger department of the Florida
Railway and Navigation Company has just pub
Ished a book Of some 200 pages showing up the
attractions of Florida. and. as WE'LL containing
much information of value regarding the bust
ness interests of the State and it is prepared in
q manner which makes it entertaining reading.
The secretary Of the Eureka division of the
brotherhood OF Locomotive Firemen reports the
death of four members in 1885. The treasurer
paid out, on deaths and benefits during the year.
$4,000. The lodge, which was organized but
four years ago. now has l65 members, and is
highly prosperous in every respect From the
bail given recently they Melted $lO4.
The Bee-line forwarded East from this point
last week 500 loaded cars, against 746 in the
week ending Jan. 16; the G l., 81. l.. & P. 5S2,
against 389; the l.. B. & w. 456. against $50;
the c.. FL. & l. 22l against liza. The four roads
forwarded total of 2.088 loaded cars against
LII in the week ending Jan. l6-increase last
week, 317 loaded cars. The live stock traffic is
increasing somewhat.
There seems to be an organized bear party at
work upon Union Pacific. First it was an
nounced that President Adams contemplated re-
signing, which silly story was met by prompt
and square denia next that certain large stock
holders were selling out, and now comes the tale
that strong movement will be made in Con-
gress presently to throw the Union Pacific into
the hands of a government receiver.
A number of representatives of roads in the
Middle and Western States Association meet in
this city to-day to adjust rates TO common points
IN their territory to those of other important
commercial centers. 1t is proposed this year to
fix the tariff so there shall be no discrimination
in rates against Indianapolis in favor of Cncin-
nati louisville any other trade center which
ships into the territory covered by this associa-
tion
One of the freaks in railroad transportation is
noticeable in the business handled by the l., p.
& C-Wabash road. Last week there were 118
carloads of wheat billed from Indianapolis to
Detroit. while there were l22 carloads of wheat
billed from Detroit to Nashville, Tenn, via In
dianapoIis, the l., P. & G. turning the business
sover to the j., M. 6 l. at this point Doubtless
"a considerable per cent. of the wheat handled
was the same article both ways.
The opinion prevails that should the Pennsyl-
vania be brought TO an agreement with the Bal
tiMore q Ohio on passenger business the trouble
would be settled for four or five months, but it
would break out again on the settlement of the
Baltimore 81 Ohio percentages into New York
when that line begins business over the Reading.
The Pennsylvania is sustained in its refusal by
all the other trunk lines, and it would be sup
ported by them in retaliatory measures, but Mr..
Depew and Mr.. King are very anxious to avoid
Hhis.
The Cincinnati, Wabash & Michigan manage
ment are proud of their remarkably clear record
from accidents, it being over year and half
since an accident Of any kind has occurred on
oils road. But few roads in the State work
for indianapolis interests as earnestly as does
this, and business men are beginning to appre
ciate the fact and the coming year promises
largely increased passenger and freis hit traffic,
as both departments are well represented here,
independent of the representation which is given
by the Decline over which the road operates as
far as Anderson.
The statement that Drexel, Morgan & Co. had
been using every exertion to compel the Penn
sylvania railroad to concede the demands of Mr..
Garrett that the money power was being used
to squeeze both roads into terms and that the
chances were that this influence had induced
both parties to give up portion of what they
considered their rights. seems quite improbable.
The Philadelphia Record says: Certainly il
bankers are to compel railroad managers to work
their roads according to the interests that they
THE bankers) may have in the stock market it is
folly to pay high salaries for astute railroad men,
A tramp would answer quite as we'll for figure
head, if well dressed"
Robert Garrett, president of the Baltimore &
Ohio road whose road has been cutting rates of
late, comes out in favor of national legislation to
secure uniform rates. He says: 1.-THE Balti-
more & Ohio company is not, and never has
been, an advocate of cut rates or instability in
charges for transportation. It's managers, who
are far more largely interested, financially in its
property than those of any other trunk line, be-
1ieve that such stability is most important
feature in the commercial situation. and are so
iat;on f. nn;sor a ps. eontshe ratas
fair alike to the shareholders of railroad proper
ty and TO the public cannot otherwise be se-
cured"
It is stated that the money is still in Cincn-
natl to purchase the controlling stock of the c.,
H. q ID. In commenting on the ability of the