The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-09-17
AFFAIRS OF THE RAILWAYS.



returned on Wednesday from two weeks vaca-
tiOn, at ST. Clair Springs. Mich.
Paymaster Sullivan paid yesterday on the
eastern division of the G., 81. L. & G. for August
service, and pays to-day on the western division.
Rate wars have struck the Southern roads,
and person can now secure round-trip ticket
from Indianapolis to Chattanooga, Tenn, for
$1,000
One can hardly believe the correctness of his
hearing when az Erie fastfreght line agent
complains that he is held to tariff rates, but this
lis the talk about the Erie line offices.
D. f. Whitcomb, superintendent of the Union
railway and Belt road. is expected home from
his vacation to-day. For three weeks he has
been taking in the scenes Of his boyhood in New
England
H. A. Fisher, formerly assistant general pas
seuger agent of the Wabash, and as bright a man
as ever filled that position. is in the city. the
guest of his brother, VIM H. Fisher, agent of
the G., e. & l.
It is stated that the earnings of the Pennsyl
vauia lines for August will show an increase of
nearly one million dollars over corresponding
period last year. If this proves to be the case it
will be the most remarkable exhibit on record
for August
Inquiry develops the fact that an Indianapolis
shipper who has howled the loudest that the
Pennsylvania lines are cutting eastbound rates,
has for some weeks been shipping out of In
ld1anaDonS Oy the IraderS DaSpatcn ana west
Shore line at q cut of cents per 100 pounds.
The Louisville. New Albany g. Chicago which
IS little slow. IN announcing its earnings,
give its earnings for July to have been, gross,
$178, III. an increase over earnings correspond
ing month, 1885, of $32, 720 The net earnings
for July were $73, 70O; increase this year. $2 OPS
The l. B. & W. earned in the first week of
September $72. $50. increase over earnings
corresponding week, 1885, of So. 004 The Wa
bash earned, the first week of September.
$276, 600, increase this year of $11 900 The
Ohio & Mississippi $ll2576 an increase 9his
year of &c. 162.
D. r. Rowe1l assumed the management of the
Baltimore & Ohio telegraph Office at Fort Wayne
on Wednesday. Mr.. Rowell 10 the fifth man
nger the Baltimore g. Ohio company has had the
past year at that point, the Fort Wayne Senti-
mel states. The Western Union company has
made but one change in managers in twenty-fv
years Manager Perry has been at the helm
Since 1873
The Philadelphia Record says it will be impos
eible to infuse vitality into Philadelphia 81 Read
ing shares until Mr. Gowen ceases to sit astride
of it's neck like the Old Man of the Sea- He
neither does anything in the way Of reorganiza-
ton himself nor allows any one else to complete
plan that may not be good, but is neverthe-
less the best that has been backed up by capital
4n sufficient sums.
Vice president Felton, of the Erie. has been in
chicago most of this week. He tells the rail
road officials gathered there that the September
statement will be even better than the August
statement of earnings, owing to the recent ad-
Austment of difficulties about rates on cotton
goods and the Erie lines, WE'LL are in a good
way to get back their cotton traffic which last
year sought Southern outlets.
As to Mr.. Elijah Smiths continuance as presi
dent of the Central Iowa, Mr.. Sage is reported
TO be very well satisfied with Mr. Smith because
the latter draws salary. 1t was at the sug
gestion Of Mr.. Alfred Sulv that q committee
was appointed to consider the matter of sue
cessor to Mr.. Smith With good general man
A1er at Marshall town, it is mainly important to
have president in New York who will refrain
from doing harm
Jay Gould tells his acquaintance that he re-
CARDS Charles Francis Adamss inanciering for
the Union Pacific very able and mastery, and
declares that Adams is entitled to great credit
for the splendid manner in which he has ex-
tinguished the floating debt and relieved the
road from pressing difficulties. When Adams
was made president, in July, 1884, the company
had floating debt of net $1l. 900 900, and it was
Gl%paid off july i, 1885, and retired.
James Reed the genial and active travelling
passenger agent Of the c., B. & O., in the
city yesterday posting the passenger men re-
garding their new St Paul line, which is to be
opened for business on Oct II, when twelve
hour trains between Chicago and St Paul will
be put on. The Chicago, Burlington & Northern
Is to be known the ST. Paul division of the c. =,
B. & g. By the by the G., B. & n is said to
he the best new road that has been built in this
country. 1t is stated that the track now rides as
smoothly and quietly as that of the c., B. s. O.
proper, which means 1t is a No. track.
In commenting on the advance of the stock of
Che Pennsylvania road, the philadelphia Record
says I'm this connection it is we'll to.remark
that there has been pool or CLIQUE engaged
in the manipulation of Pennsylvania railroad
shares They have two markets, Philadelphia
and London, the latter having been the principal
absorbent during the last two or three years
Andeed, it is popularity supposed that about half
anti ofn 10 bald nh~AoG
tween the two markets there is always some
trading, as the shares have attained the dignity
of q desirable investment security, and are
rarely dealt in from mere speculative purposes
There seems to be no doubt that the November
dividend will be at the usual rate of per cent
per annum, although some sanguine holders
Slain that the earnings justify an increased re-
turn"
A party numbering fifteen. headed by one
Davis, arrived in the city on Wednesday night
and at once let it be known that they wished
transportation to Los Angeles, Cal and within
twenty minutes, by actual count, eleven local pas
eenger agents and scapers were their trail
When the round of the agents was fairly made
each passenger agent and scaiper having made
known his lowest rate. one agent, who found he
Avas about to be left offered $40-per- head rate
ON the sly, and took the party. Yesterday the
passenger mon were all ratified that so low a rate
was given, and say they propose to make it warm
For the agent who gathered them in. Mr.. Davis,
agent of the party, is said to have looked, after
Ehe route was settled upon and the numerous
agents had Withdrawn, as if he had been through
8 seige of typhoid fever and was still. suffering
an attack of chills and fever
James Hazard, whom fate seemed against
when he undertook to do railroad service in
this section has caught on finely in the North
west, and, with his energetic method of doing
thing, will doubtless make q good record He
has an important position on the Minnesota &
Northwestern road. Mr.. Hazard writes a
friend here as follows. 1.-THE Minnesota Sc
Northwestern is booming. and freight and pass
enRer earnings are far in excess of what we ex-
pected We expect to open up to Dubuque
Nov. l; we are within forty miles of it now
and track-layng at the rate of three miles per
day. Have seven gravel trains on the new di-
vision ballasting and surfacing as fast as the
track cnns down nm tina fiac Wa roro;vir0