The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-20

income bonds, now outstanding, amounting In
all TO $2.08S0OO.
J. Y Callahan, of Fostoria, has been appointed
general travelling passenger agent of the Nickel
plato. Since the passenger department has en-
tered the Central Traffic Association the road is
reaching out for business.
The Bee line inspection party will leave Cleve-
land at 7:25 next Monday morning and reach
Cincinnati the same evening, Indianapolis Tues
day evening, st. Louis Wednesday evening, In
dianapolis Thursday evening and Cleveland
Friday. The special train bearing the party
will consist of two sleepers, one dining car and
two special cars.
Engine 70. Schenectady build yesterday made
the run from indianapolis to Cincinnati in two
hours and twenty nine minutes, hauling the
Chicago EXPRESS consisting of six cars, two of
them sleeping coaches This is said to be the
fastest time ever made over the road with q
train OF any weight The distance is ITO miles,
and several times for quite distance a speed of a
mile in fifty and fifty-four seconds was at
tanned.
President King. Vice-president FELTON,, d. O.
Mills and directors J. g. Mccullough, Ogden
Mills and George w. Quintard are on a tour of
inspection of the Erie road. They are joined
by the superintendent, roadmasters and other
parties interested in the practical working of
tho road, and will thoroughly inspect the recent
and contemplated improvements in road bed,
bridges, terminal facilities and other matters.
They expect to be absent several days.
The inspection board of the Pennsylvania rail
way proper. consisting of over one hundred
superintendent, roadmasters. section bosses and
civil engineers, are inspecting the road this
week. Every bit of track between this city and
New York, including the branches and the lines
operated by the Pennsylvania railroad, will be
examined rigidly. An inspection car of the
usual description is used by the party, by means
of which literally every inch of the track will be
exactly tested.
For years the public have been complaining
because brakemen indistinctiy call out the names
of stations NJ. S. Corners, master of transpor-
tation ION the c., H. & l., has undertaken to
make complaints Of this character unnecessary,
and has issued order to passenger conductors
which requires them to see that the announce
ment of the names of stations be made twice in
each car, and in all cases in clear and deliber-
ate manner and with voice enough to be dis.
tinctly heard by the passengers.
In August the Indianapolis Peru e. Chicago
road earned $23. 900 more than liz the correspond
ing month of 1885, and of this increase 500, 900
was earned between Indianapolis and Peru. A
large per cent. of this improvement was at way
stations Take Sharpsville; at that station an
increase of 81. 500 is shown; at Kokomo an in
crease of $1,000. In September the increase was
not so large reaching only So, 900 between Indi-
annapolis and Peru, and large per cent of this
increase was at the Indianapolis station.
Judge Swayne, who is as we'll posted as to the
affairs of the Wabash as one can well be- says of
the Harry Crawford suits: 'They will not
amount to much: it is ENHANCEMENT the
company expected to meet, and more are still
expected" Nevertheless he SAYS that by Jan.
these troubles will all be surmounted and the
organized company will take full control of the
Wabash main line. AS to the l.. P. & G. divis-
ion, he says its future is shronded in mystery,
but he thinks that eventually the portion of the
road living between Indianapolis and Peru will
become the property of the Wabash.
1t is semi POLITICALLY stated that the compromise
hQf fho TpAio p,
and Cincinnati, Sandusky & Cleveland will be
about as follows: The two roads are to be con-
sodated under one corporate name, and the is
suing of a new per cent. first mortgage bond to
cover all outstanding bonds of both roads, and
ST. 600, 900 second mortgage 5 per cent bonds in
exchange for Indiana Bloomington g. Western
second MORTGAGES and debentures A preferred
stock will be issued to Indiana, Bloomington &
Western income bonds, 20 per cent. of face and
for Cincinnati, Sandusky & Cleveland stock
Indiana Bloomington & Western stock will
make contributions of not less than per cent
This will reduce the charges ahead of Indiana
Bloomington e Western at least $500, 900 per
amman.
The report that G. w. Smith. vice-presdent
and general manager of the A., T. 81 S. F. will
drop the latter title, on the first of the coming
year and remove his headquarters to Boston. is
confirmed He goes there to in part relieve
President Strong of his arduous duties. The
impression prevails that J. F. Goddard will be
made general manager of the road. Further
the Journal has information to the effect that
with the beginning of the year there is to be a
general reorganization Of all departments, from
the highest to the lowest official AS now or
ganized it is operated on the same basis as when
the road covered few hundred miles, not thou
sands, as at the present time. and general
change and a better system is really imperative,
that all departments may be worked to the best
interests of the company