The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-12
AFFAIRS OF THE RAILWAYS.
Personal and Local.


vania promises to be comparatively the most
favorable of the year, both in gross and net.
Rumors are renewed of an amalgamatiou of
Indiana. Bloomington & Western interests with
those OF the Sandusky & Cleveland company
The Lake Erie & Western purchasing COM
mistee has limited to July 20 the time for depos-
i.iug securities under the agreement OF Fec. l.
The five Western roads last week brought into
this station 2 799 loaded against 3. 30 IN the
week ending July g. and against 3,224 the cor
responding week, 1880.
The five Eastern lines last week forwarded
from this point 523 loaded cars against z sol IN
the week ending July 3 and against 5,lIo the
corresponding week, 1850.
William r. BcKeen, president of the Wanda
la and w p. Ijams, secretary and treasurer OF
che Belt road and StocKyards, have gone to Lake
Gogebec for few days pleasure.
Fl. W. Hubbard, general freight agent of the
Vandaila. with his wife and mother. have gone
to Canadian pleasure resort Mr. Hubbard will
return this week. His family will be away for
the summer.
1t is stated that Indiana, Bloomington &
Western will shortly issue circular giving
full statement of the affairs of the company.
and the earning capacity of the road with and
without the Sandusky division.
The Toledo Blade gives currency to a report
: chat doubtless originated with the striking Chi
cago switchmen, to the effect that the stock
holders of the Lake Shore are not pleased with
John Newell's management of the property.
The relations between the bondholders of the
Wabash and j. +. JOY, president OF the COM
pany, are reported not of the most pleasant
character. His efforts to lift the wreck out of
the mire have not been as successful as they had
expected they would be.
The Cleveland Leader takes stock in the
rumor that John Newell is to take the presi-
deucy of the Bee-line The Leader says that
the elements for such talk are always at hand,
md it needs only spark of some ones magma
ton to lend currency and life to the conjecture.
The Chicago, Burlington & Quincy road will
have nothing to do with the meeting of the tri-
partite lines, and it never would have anything
to do with the alliance between these roads.
But, to the companys credit, when their COM
petitors maintain rates the c., B. & @. invaria-
bly, does
The admission of the Chicago & Atlantic into
the tPunkine pool is now only questiop OF a
few days. President Benedict has ordered that
full tariff rates be maintained both on freight
and passengers, and the other trunk lines will be
only too glad TO take it in on the condition pro-
posed-that they share the loss under the Wa
bash contract which has until next February to
isun.
An inventory and appraisement of the person
al property of the late G. A Nichols, of Read
ing. who for thirty years was connected with the
philadelphia d Reading railroad, and was presi-
dent of its lateral lines, shows it to be worth
$IG4, sos %. Most of this is in railway bonds
and stocks, but it is "a notable fact that he had
no shares of Philadelphia & Reading railroad
stock, apd only 500 worth of its bonds.
indianapolis is again becoming leading grain
center. Grain is being shipped In here from the
north, the south, the east and the west The
c., L., ST. L. 81 &. is bringing new wheat to this
market from points on their line as far east as
Greens6urg, the c., H. & l., from points far
roads and off of the l., P. & q. grain men who
ship to Toledo direct usually, are now shipping
to this market.
TIE New York Railroad Commission has an
nouncaa its decision in regard to the car coup
ling tests made at East Albany last month,
awarding the first place to the Hoag coupler.
Tue invention is not in use on any railroad at
present and is the work of G. NJ. Hoag of Green
Suzh engineer on the Boston 81 Albany rail-
road. At the trial il was the only one that
made the flying switch" automatically. In it's
normal condition the link is level, and works
successfully all cars
What economical railway managers are look
ng FOR is cattlec car that be used as a re-
turn freight-car. The trouble with nearly all
The improved cattie-carS submitted is that they
are either too costly to be utilized OR else are
30 arranged that they cannot be used as return
freieht-cars. Dealers cannot afford to pay full
rates both ways as is frequently done with
horses. The rate from Indianapolis to New York
aud return is $i20 car. while cattlecar East
is only about $50 or $780, when it can be loaded
with freight on the return.
The Lafayette Call of Saturday says 'W.
81 Willoughbv, fnancier of the Brotherhood of
Locomotive Firemen, last evening received
dispatch from Joseph Beeson, chairman of the
grievance committee of the Brotherhood at
Springfield, H., asking him to send the chair
man of the grievance committee of this city to
that place at once In accordance Herewith,
Charles Ernst was detailed. in place of the
chairman, who is absent, to make the trip and
he left By the 11:55 train last night From this
it is inferred that there is trouble brewing on
the Wabash between the fremen and the road.
The mere rumor that Oscar Townsend is to
take an important position the Decline
brings up olden-time recollections of his railroad
service When general manager of the Bee
lines affairs, he ranked among the best officials
ia the country, and, under his management, the
road was highly prospered. If remember
right, the road invariably paid dividends; but of
course it then had but speck of the competition,
30 to speak, that the road now has. He was
also an economical railroad manager something
after the fasion of e. j. Peck, the early presi-
dent of the t. III. e. l. road Like Mr.. Peck.
Mr.. Townsend would, when walking the track.
pick up old spikes and pieces of chairs and pile
them up where the section men would see them.
and they well knew it was best to take care of
them.
The presidents and general man ayers Of roads
10 the Indianapolis east-bound pool have re-
eeived the new awards of the arbtrators. As
they have not as yet signifed their acceptance
we are not at liberty to make them public This
MUCH 10 kHoWn Inc u, H. q l. Is q vigorous
kicker: the c., L. ST. L. & G. are not we'll salts
aed tho Wabash and L., N. A & C. of course
are not satisfied, but got all they expected: the
l.. B. & w. say that they will accept their
award, but think it below what it should be; the
c., St l.. & p. will accept, but think they
should have had per cent. than the
award gives; the Bee line alone seems perfectly
satisfied. Parties who have carefully looked
into the matter express the opinion that the
awards to the respective roads ara very just and
equitable OF course no one, even the presi-
dents and general managers. expected the COM
mittee would meet the views of the several rail-
road officials in their decisions.
The Terre Haute Gazette says: "Grand Sec
rotary E. V. Debs and Grand Master r. p. Sar-
gent, of the B. of L. F., have returned from
extended trip West and Southwest. where
<hey held rousing meetings at the cities
named: Denver, Col, Salt Lake City, U. T..