The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-17
Miscellaneous Notes.

miscellaneous Notes.
Erie officials say that the company's May earn
;nss increased $445.0O0 over corresponding
month, 1855.
The Illinois Central shops. in Chicago, have
begun work on ten Mogul freight engines. with
l6x24inch cylinders and 56a inch driving wheels.
The Baltimore 81 Ohio railroad has Just
twenty seven feet of track in Chester county,
Pennsylvania In passing from Delaware to
Maryland.
There are indications Of war in Texas be-
tween the Missouri Pacific and the Texas Pacific
roads, which may involve the building of road
by the former from Dallas to Hillsooro.
As now understood it is the intention of the
B. % y. to use the Staten Island line for freight
only, and to make an arrangements either with
the Erie or Jersey Central for passenger traffic
The Union Pacific road has just let the con
tract for the construction of twenty new first
class passenger coaches. Some of these will be
bnilt by the Pullman company and some by Bar
ney, Smith 81 Co., Dayton, 0.
By wav of London New York papers get the
official figures of the New York Central for
April. which show a gain over 1885 of 1928, 900.
and from Jan. to April 30 an increase of $707.-
600. The West Shore in April gained SO, 600,
and from Jan. s93 000 Both returns are con-
sdered very gratifying, and giving promise of
still better results.
The first through train on the Canadian Pacific
railroad will leave Montreal on June 81, at 8 p.
|
couver the following Sunday, making the entire
journey of 900 miles in l36 hours or beating the
time between New York and San Francisco by
twenty hours. The authorities expect to reduce
the running time to ninety hours.
A. P. Turner & Co.. ina circular on American
railway securities, say: ut is often rashy as
sumed. especially in England, that shares in
America necessarily have great possibilities,
whereas as matter of fact, their scopesis very
limited, and must necessarily be so in a country
whore there is unrestricted freedom in railroad
building, and where the people are so enterpris-
ing and can command 80 much wealth as in the
United States"
A London exchange says: '"Tae Philadel-
phia e. Reading ought to have been re-
organized in 1884, and change of man.
agement four or five years ago, by pre-
venting the building of the South Pennsyl-
vania, the Beech Creek and the Baltimore &
Ohio branch to Philadelphia. would have saved
more capital to the community for other and re-
munerative purposes than the entire mortgage
and share Indebtedness Of the Reading as it now
stands"
The Boston Commercial Bulletin SAYS: 'sTo
judge from the talk in what we may call Grand
Central Depot circles, there will be no settle
ment between the Lake Shore and the Nickel
plate until the rails of the latter company rust
into lines Of red Outside of the natural interest
of the Vanderbilt people to talk as 70 facilitate
the driving of good bargain with the Nickel
plate bondhoiders, their utterances are undoubt-
eddy influenced by resentment still lingering
at the success of the Seney syndicate in saddling
the road on VIM. I'll.
The Philadelphia papers snow disposition to
give r. GOwen, president of the PHILADELPHIA &
Reading, cold shoulder. The Times SAYS Mr.
Governs plan is growing wearsome Hope de-
ferred so often has made the street sick Mean
while the syndicate's plan anguishes. The
Record says: The situation is so badly muddied
between Mr. Gowen and the reorganization syn
dicate that only fools step in where angels fear
to tread" The syndicate scheme proposes to
take care of the general mortgage bonds as pri-
mary duty, to hire a big commission as a matter
of love and to give the juniors a place providing
they pay for it Mr.. Gowen so far has PLAYED
the part of the dog in the manger: he will not
allow the syndicate to work. neither will he dis
close his own wonderful plan which he has
threatened so many times to promulgate.
The Kansas City Journal says 1.-THE Atchison
is now making some most important extensions,
none of which. affect such rich territory as the
one being built from Kingman west through the
counties of Pratt. Kiowa and Ford This will
become one of the most important roads in the
State. and will be q main line instead of a mere
branch road. It's Importance be more fully
realized when 1t is more fully known that al
ready the Santa Fe authorities have taken steps
to secure the stock that will be issued to the
counties named for the aid voted. The St Louis
IL San francisco would like to get possession of
this line, and will endeavor to purchase the
stock. SO that we will see two powerful corpora
tions bidding for the stock issued in aid of the
road through new counties. The Rock Island is
also seeking this territory. and in Kiowa will
come before the people with a proposition for
$1,000 to aid in the construction of line from
the Northeast, presumably from Hutchinson, al
though the location has not yet been determined.
Both roads agree TO reach that county next year,
the Santa Fe by July /. and the Rock Island by
Dec. L.