The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-24

clared. The last quarterly report, which showed
earning of over per cent per quarter on the
company's capital stock, astonished everybody.
going far beyond expectations The English
stockholders have been especially awakened by
that handsome showing. and already they have
submitted requests for much-increased divi-
dends
TIE Brazil Block Coal Company has purchased
a body of bifnmnous coal land at Roseville on the
Chicago d Indiana Coal railroad, and will sink
shaft Immediately. The company has also con-
tracted for the building of twenty five dwelling
houses at that point, to be erected and finished
as rapidly as the weather will permit. They
will also put down two more shafts in the block
coal in Clay county, one of which will be located
at or near Carbon. The location of the other is
not yet determined.
The Chicago extension of the A.. T. & S. F. is
demanded, and will prove profitable for two
reasons: In the first place, the enormous vol
une OF traffic which the Atchison can deliver to
IL immediately from it's own lines will insure its
financial success; and. in the second place. the
Atchison at Chicago will receive a degree of con-
sideration in Eastern trunk-line negotiations
which is denied il at Kansas City. No long ago
the Atchison endeavored to secure Commissioner
FIuk's help in settling some questions of freight
rates, and Mr.. Fink showed what was perhaps
proper degree of indifference in regard to a Kan
sas road, but which would have changed to an
active interest if the applicant had been a com
pany delivering business to the Eastern trunk
lines at Chicago
Several changes were announced to take effect
on the first of the year on the Chicago, Burling
ton 81 Quincy road. l.. E. Johnson has been
appointed division superintendent OF the st.
Louis division, with headquarters at Boards
stown, ILL.,. vice W. G. Brown promoted W. G.
Brown has been appointed superinf endent of the
Iowa lines OF this company, with headquarters
at Burlington. Ia. A. Forsyth has been ap-
pointed division master mechanic of the Chicago
division. with headquarters at Aurora, Ill.,, vice
Il. t. johnson promoted. p Wallis has been
appointed division master mechanic of the st.
Louis division, with headquarters at Boards
town, H., vice A. Forsyth promoted The head
quarters of the general superintendent j. D.
Besler, will be transferred on Jan. ], 1887, from
Galesburg, ILL.,, to Chicago
A friend said to Cornelius Vanderbilt day or
two ago that the recent quarterly report of the
company had provoked good deal of comment
operating expenses. Mr.. Vanderbilt in reply,
said substantially this: eve have been able in
many ways to practice economy. Take our ex-
penses for fuel as an example In 1885 our coal
cost us 81, 300, 900, while have this year sup
piled ourselves for something like $500, 900 less
than that This year it cost for coal to run
both the New York Central line and the West
Shores nine hundred miles of road 1913, 600 less
than it cost last year to supply the Central
alone. We use about 3 900 tons of coal per day.
or about l, 100000 tons year. and we have
saved about 40 cents a ton on this years supply
equal to saving of between $400, 900 and
$500. 000."
A. c. Bird. general freight agent of the Chi
cago Milwaukee & st. Paul road, when asked by
reporter of the Inter Ocean as regards the
rumor that he was to retire. owing to i'll health,
said: 1.-The report you mention is without foun
dation. have not decided to leave the service
of the Milwaukee & ST. Paul. 1t is very hard
work, / admit, to handle the freight business of
road with as much mileage the Milwaukee
q St Paul. but then have grown accustomed
to it. ana have not vet acquired sufficient of
this worlds goods to justify my retiring to pri-
waite life The report probably grew out of the
fact that recently purchased some fifty acres of
land in Southern California and have it put
under cultivation. The property has about
doubled in value, and I suppose my friends
thought had accumulated sufficient wealth to
retire."
The live-cattle and dressed beef shipments for