The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-19
Miscellaneous Notes.


The baggage-maste on several New England
roads have had their wages increased So a
month, dating from the lst inst The brake
men are to have their wages increased So. 10 per
month.
The forfeiture bill of the Northern Pacific
lands passed by the Senate involves the grant Of
214 miles from Portland TO Wallulu and 70 miles
on the unfinished Cascade branch, or total Of
100000 acres.
The Canadian Pacific has awarded the contract
fo- getting out timber for use in the construction
of snow sheds in the Selkirk range. They will
be some twelve miles in length, and will contain
Ia, 000, 900 feet of lumber.
The commission business is now to be taken in
hand by the railway arrangements. Good au-
thority states that during the year 1885 the six
eastern trunk lines paid out in passenger COM
missions the sum of 100000
A report is afoat that the New Jersey Central
company will, on Aug. l, take possession of its
ate them independently of the Reading. This
may be a lie premature but it is only ques-
ton of t. ~ when 1t will be done.
The Lehigh Valley continues to carry good
proportion of grain into New York. bur the cut
ting that the other lines believe the Eehgh
Valley is engaged in is thought to be lake rather
than rail- 1t has not been important enough,
says Commissioner Fink, to worry the trunk
lines into any hostile action.
The recent heavy receipts of grain by the Erie,
advantage of which was taken to start reports
of cutting OF east bound freights, are explained
by the fact that the company had fleet Of yes
sells loaded with grain at the receiving ports on
the lakes. which arrived at Buffalo very close to-
gether and thus swelled the grain traffic of the
road for certain period
The Boston Advertiser says: Railroad bonds
are fast getting out of reach and any reasonable
security is now away above par. The demand
continues steady, and affects everything on the
list that is not already safely locked up in in
vesters' strong boxes. There have been COM
parativey few new issues lateiy-hardy enough
to absorb the natural increase in capital seeking
investments"
traffic, which gives promise of being largely in
excess of the gains of past years, the Old Colony
Railroad Company has built and contracted for
twenty-six new class cars to be placed on
ordered of the Pullman company, to be of the
finest description and make and to constitute
one of the steamboat trains
Current rumor is that the bankrupt Nickel
plate railroad is to be turned over to the Della
ware. Lackawanna & Western for an outlet to
Chicago. The Lake Shore interest is tired of
supporting the burden of that line and, the
port asserts, some arrangement will be con-
summated which will give the Lackawanna
through route from New York to Chicago and at
the same time protect the Lake Shores local
business"
Inc Central vermont railroad Company has
leased the Ogdensburg q Lake Champlain road,
the papers being signed Wednesday last. There
is no change at present in the heads of depart
ments of the Ogdensburg & Lake Champlain
The lease dates from June 1, the lessee taking
possession of the property at once. The lease is
perpetual one, and is made to the Consolidated
Railroad Company of Vermont, by whom it is
assigned to the Central Vermont road.
The Springfield Republican says, at is grave
question whether the great trunk lines beyond
Chicago, by pushing their rival lines into each
others territory are not pursuing the same course
by which the Nickel-plate wrecked the Lake
Shore and the West Shore reduced the New
York Central dividend onehaf. Cannot these
conservative Western roads, owned and con-
trolled largely at Boston. see the folly of this
unlimited competition in time TO save themselves
from embarking in itl"
The Wall Street News says: ''The Atchison
q Topeka was at a serious disadvantage In the
transcontinental fight of last winter by having
to pay from the low through rates received an
arbitrary rate to the New York trunk lines at
this end and another arbitrary at the San Fran
cisco end made BY the Southern Pacific which
insisted on a rate for the 1884 miles from Mojave
to San Francisco under its contract, which
would be equal to pro rata of the rate fixed by
the Transcontinental Association. The Atchison
didn't like being MIXED at both endsn