The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-08
AFFAIRS OF THE RAILWAYS.


u. H. UeuulSOug au0itoI VI tuo thtoh Ai10I -
in the city on official business.
c. c. F. Bent, general superintendent Of the
10. & NJ, was in the city yesterday on private
kbusiness.
The Rock Island has cut the passenger rate
from Kansas City TO ST. Paul to So for first class
rebate tickets. This is cut of 81.
| Harry Wetsell general agent Of the vandalia
sAk this point, returned yesterday from New
York, where he went on short pleasure trip.
;. Fl. Smith has been appointed district pas
Seenger agent Of the c., ST. L. & F.. headquarters
Eolumbns, o., vice w. G. Rinsarson, resigned
General Wilson. formerly president Of the st.
Louis & Southeastern, later on the Now York
e. New England road, is now in China repre-
senting railroad construction syndicate.
The l., D. &, s. people are loading seventy to
eighty cars daily with grain on their line About
IS per cent of the shipments is new wheat, and
from this on the shipments OF wheat will largely
increase.
All the employees of the Vandalia road who
made application July 3, and were granted
passes over the road for themselves and families
Only once year does the company grant this
privilege to all their employees and the invita-
ton for free ride was very generally accepted
The Guarantee Ticket-brokers' Association is
under a cloud. It began business a few months
ago, and was brought into life in Chicago as
rival of the American Ticket-agents' Association.
The latter totally ignores its young rival and re-
fuses to transact business with any of its mem
bership.
The Board OF Trade Of Columbus, o., will
pass through here at noon to-day taking dinner
at the Union Depot. They are en- route to st.
Paul, over the l., B. & W. new line. The train
will consist of baggage-car. combination car
and eight sleeping-coaches. The party will num-
Der some two hundred.
L. o. Goddard, late assistant general solc-
itor of the Chicago, Burlington Quincy
railroad in Chicago, has been transferred to the
charge of the Office of Vice-presdent t. j.
Potter. He has been in the service of the Bur-
llngton road for the past sixteen years.
The l.. D & S. elevator is worth five hundred
cars to the road when grain is moving freely. 1t
is not an unusual occurrence for train of thirty
carloads of grain to run into the elevator yards
at midday and be unloaded into the elevator and
the same cars sent out az night to be loaded
again the next day.
It is gratifying to notice the improvement in
railroad earnings since the LIST Of May. Rail
road construction is more active than for three
years past. During the past six months of the
year l. 755 miles of road were constructed, and
The estimate for the year is a little over 5000
miles. compared with 200 miles constructed
last year aud 3, S28 miles IN 1884
Freight men are highly pleased with the nu-
1nerous orders for cars to load with grain at
points west of here, as it indicates that farmers
this year are not TO hold their grain month after
month hoping Tor better prices. One Indianap-
oils road yesterday contracted to furnish
firm 600 cars within the next thirty days to load
with grain for interior points
The Central Traffic Association has not yet
succeeded in whipping or coaxing the Chicago 81
Atlantic into their association President Bene-
dict, of the c. & A. is quoted as saying my
proposition was to have been acted on at the
meeting in Cresson but / have not heard what
was done. In any case shall not accept any
proposition different than my own to them"
Superntendents Woodland, of the L., n. A. &
c.; Stevens. of the Wabash, and Manager Scott,
of the l., p & G., were in the city yesterday to
confer regarding terminal facilirles. The
ference was an harmonious one. and it was
agreed to operate on the terms hereto
fore The L., n. A. 81 c. people are paving
rental promptly, and matters moving along
smoothly
Passenger men are much surprised over the
unexpected increase in number Of persons who
have in the last week decided to visit San Fran
cisco with members of the Grand Army Of the
Republic. Parties of ten to twenty ara being
IN the last few DAYS been fortunate in securing
several large parties in this State and in Ohio to
60 over their route.
Austin Corbin finds defender in Boston
financial circles who writes the Boston Adver-
tiser as follows MIR. Corbin l have great re-
6pect for and nave always found to be square
man. He has been sick nigh unto death for
two months past, and is now unable to attend
TO business IN the least although out or danger
and recovering, SO you see he could not have
been the moving spirit in the l., b. 81 w. re-
ownership etc.
G. II. Cory, for many years superintend-
ent or the Boston, Hoosac Tunnel s. Western
Railroad Company, has severed his connection
with that road On Monday last, at Mechanics
vile, he was made the recipient of handsome
silver salad bowl, lined with gold, bearing the
inscription: Presented to c. H. Cory by his
friends of the general Offices The following
khon 81 al
Cory with gold watch-chain and seal.
Articles Of incorporation of the ST. Louis,
Chicago & Peoria Railway Company were
fled Tuesday in the Office of the Secretary of
State of Illinois. 1t is proposed to construct
railroad from the city Of Springfield to the city
of Peoria The principal Office is to be main
tanned at Springfield and the capital stock is ST.
DO0.0C0 The incorporators and first board of
n directors are D; l. Wing Springfield H A.
Hodgen, all of Charleston.
Just now no man in the West seems to be more
rapidly coming into prominence than ID. j.
Mackey. But four years ago he left the dry
goods business to 60 into the railroad service,
he getting hold of enough Evansville & Terre
Haute stock to elect himself its head official AS
soon as he got this well in hand he began to
reach out for other roads. Having secured the
Evansville u indianapolis. then the Peoria, Ev
Ansville 81 Decatur, he now proposes to build
line to Cincinnati It said that he has the en-
terprise already well in hand.
The big roads begin to make favorable exhib-
its, Taking the three roads, New York Central
Lake Shore and Michigan Central, the net earn
ines for six months show an increase from
$1,000, 600 to 50, $4,000; the Pennsylvania &
Erie, for five months from Sc 954 900 to SIS. $780,
600. The New York Central is now at least a 4
percent stock. Lake Shore and Michigan Gem
trail have, each, divisible surplus but will wait
another six months before cutting it. Northern
Pacific gains half q million in net earnings in
eleven months. but will probably not much more
than make both ends meet
The St Louis cable road in which number
Of Indianapolis capitalists interested, is sur
prsing even its most sanguine friends in the
volume Of its business The official statement
shows that the line is averaging to carry 10 230
passengers per day. An observing, shrewd bust
ness man xho has haen in Sr ,nnic for two oy