The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-28
AFFAIRS OF THE RAILWAYS.
Personal and Local.


Frank P. Jeffries has been appointed district
Dayton road at Toledo
The annual report of the Cincinnati, Sandusky
a. Cleveland railroad contains no reference to the
Droposed consolidation with the l., b. 81 ".
1t is daily becoming more apparent that the
various pools are working better than ever, and
that any danger of early disruption is at an end
A meeting of the general freight and general
passenger agents of roads connected With the
Chicago G. Ohio river pool will be held in Chica-
60, Nov l6.
On Nov. rates on all classes to points on the
Chicago 81 West Michigan road will be advanced
an average of 20 per cent This action is in view
of the closing OF navigation
III Wade the Cleveland millionaire. has sold
his holdings of Hooking Valley stock and retired
from the directory. 1t is said he will be promi-
nently identified with the Toledo & Ohio Cen
tra.
The Impression prevails tnat some of the east
bound lines are still shading rates little. but
the understanding is that on the 1st OF Noven-
Der rates in all directions will be restored to full
tariff
Of the 600 box-cars the Bee-line people are
building, 200 are to be used in increasing their
quota of cars in the White-lne. These cars are
all twenty-five ton capacity and thirty-four feet
in length inside.
Recent developments make it evident that j.
II. Cheney is in the future 10 be identified with
the Lake Erie 81 Western road, which means
that all this talk that E. II. Waldron is to come
back onto the road as its general manager viii
end in smoke.
A railroad lawyer, well informed regarding
The affairs of the Wabash expresses the opinion
that the present receivers will be ousted a re-
suit of what are known as the Harry Crawford
suits, as he has brought to the surface some very
crooked transactions.
No advance in east-bound rates before the 18th
Of November is likely to occur. At the meeting
ou that date it is thought by prominent freight
men that grain rates will be advanced to the
basis of 80 cents per one hundred pounds, Chi
caeo to New York.
The Indiana edition of the Red Book has been
issued by the B. Il 0. people. and will be dis
tributed at the Office of ]. H. Martin, district
passenger agent of the c., l., st. L. & G. 1t
will be found to be quite convenient for poll
ticians for reference, as the figures are correct.
Taking hold of the matter in earnest has put a
stop to men and boys jumping to moving
trains on the union tracks and on the Belt road
The same course should now be pursued in the
yards, and the accidents which usually follow in
this reckless business will be cut down 80 per
cent.
The c., T., St L. & c. last week secured 10
per cent OF the east-bound business out of Chi
cago, vet the pool managers would be glad to
have President ingalls, contented with per
e2SC-DOun0
The popularity of the Big Four in Chicago is
made evident, however, through the handsome
business they, as newcomers, are securing out
Of Chicago.
Tom MeGill, general agent of the Georgia rail
road, is In the city He reports Southern roads
as being full OF business and making money. He
respectfully asks the Journal to say no more
about the cars of the Northern roads drifting on
to Southern lines and then being used by the lat
ter in their local business as the Southern roads
are greatly troubled to get ears to handle the
traffic offered.
In passenger circles the belief prevails that the
L., N. A & G. people made mistake in letting
VIM S. Baldwin, their general passenger agent,
resign to take position with the Pullman COM
pany which pays him few hundred dollars
more per annum, the impression being that the
L., N. A. & c. had better have advanced his sal
Rry to any figure the Pullman Company would
be likely to pay him.
The through Western shipments via the trunk
lines in September, 1885, from Boston, New
England Now York. Philadelphia and Balt-
more were 176,O00 tons, compared with 233, 300
sons in September. 1885. This shows decrease
of l3h per cent The decrease must have fallen
largely on Chicago roads. as the west-bound ton
mage on indianapolis lines has been heavy be-
yond parallel for some weeks past.
The physical condition of the Lake Erie a.
Western road is said to have been greatly I'M
proved in the last three months Among other
improvements is the putting of some 5000 tons
OF new steel rails in the track The number of
section men through the summer were increased
and as q result trains are now run On better
time, and with remarkable freedom from ac-
cidents, as compared with a few months ago.
The Chicago Times says: ''The Chicago 6
Alton cannot be leased for z per cent guaran-
tee, nor the control of its stock bought for 140
per share. 1t would be waste of paper to give
the reasons why this cannot be done, as he who
runs may read The annual statements Of the
Alton. It's present condition, business. and future
prospects are sufficient arguments If any were
necessary, why no such transaction will take
place"
A comparative statement of the c., S. & G.
companys floating assets and liabilities shows
net gain Of $40 900. 70 in assets for the year
With the companyis bonds refunded at lower
rate or interest as they mature, and with the
roads business developed as it ought to Be- there
should be a surplus applicable to dividends on
common stock Whether dividend prospects
Will be maintained after consolidation with the
l., 3. q w. remains to be seen.
Engine No. 8, on the c., H. &, D.. has been
transferred to the c., Fl. & / division This
engine Is credited with being the fastest runner
in the State with train of six cars having once
hauled train of such number OF cars eighty
miles at an average of mile in ffty-four sec
onds This is oneof ten engines built by Mas
ter Mechanic Black. The great forte with these
engines is the valve motion and the pronptness
with which they pick up a train.
The Philadelphia Press says that notwith-
stanolng several GetfAis In the press, the Inter-
national Steamshl p C.npany is to operate the
old lnnan line. and the new line will be con-
nection of the Pennsylvania railroad. The Bal
timore d Ohio managers are also pushing their
plan TO establish a line of ocean steamships The
intention OF the two great rival corporations is
20 De prepared to book passengers and freight
tnrouEh from Europe to Chicago and other
Western points.
The first annual session Of the Sleeping-car
Conductors Mutual Aid Association Of North
America is being held at the Grand Pacific Ho-
Htel. Chicago. w. B. Booz, Baltimore. is presi-
neut. The following officers were on Tuesday,
chosen for the ensuing year President, w. B.
Booz. Baitimore vice presidents, P. c. Frank
lin, Chicago J. H. Livingston, Chicago; secretary
ard treasurer, s. w Rilea, Chicago: directors
". &. Tuoman, Baltimore J. D. Haggerstop.
Chicago; P. L. Andrews, New York: W. H
Crusey, Baltimore. and e. P. Valentine, Chi
eago
4 aovel scheme TO allayi the prejudice against
railroad pools is suggested. 1t is proposed to
consolidate common railroad interests in various
districts into groups or confederacles. In each
district new company is to be formed for the
purpose of operating railroads, and all the roads
within the district are to be leased by the new
scorNoration at tails mutually agreed upon bv
TOE several companies interested. This plan
would be to all intents and purposes pooling ar
4