The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-09-09
AFFAIRS OF THE RAILWAYS.
Personal and Local.


for five year gross money pool.
r. NJ. Hartwel, secretary and treasurer of the
Ohio Falls Car Company has rendered his resig-
nation and F. Fl. Deusler, of the Indianapolis
works, will probably succeed him.
The fast noon express over the Vandalia yes
terday left Indianapolis with train of thirteen
cars, each coach heavily loaded with passengers.
West-bound travel is assuming large proportions.
The Boston Advertiser says Hon. George NJ.
Pullman was in Boston last Friday. and is un
derstood 70 have given out points which led to
the buying of Pullman Palace-car shares on Sat
urday.
No meeting of the Peoria committee Of the
Central Traffic Association has as yet been called,
owing to the continued absence of L. IL. Rich
ardson, of the arbitrator, whose attendance
will be required.
Richard Reese for some time past private Sec
rotary to f. Broughton, general manager of the
Chicago & Atlantic road. has been appointed
livestock agent of the Central Traffic Associa-
ton at Pittsburg.
Theodore Brown. who represents the c., l., st.
L. 81 G. road with 30 much success at Chatta-
nooga, Tenn, is spending a couple of days in
the city. He brought north with him eighty ex-
cursionists to Western points.
The c., l.. ST L. & C. has just received their
last installment on three hundred cars ordered
some sixty days ago. They yet to receive
from the Lafayette car works one hundred cars.
This last lot is to be delivered by Nov l. in sea-
son for service in moving this falls corn crop.
]. r. Hutson has been appointed city ticket
agent of the Burlington e. Northern in St Paul.
and W. e. Gooding to the same position in Min
neapois. Mr.. Hutson has been for many years
a conductor on the Sioux City division of the
Omaha Mr. Gooding has been the agent of the
Manitoba at Neeche, d. T.
The Bessemer steel rail factories keep up their
com bin alton formed a year ago They have sew
cral times ENLARGED their limit and the price has
risen from $26 50027, year ago, to $34 a 80 per
ton at the works. The statement is attributed
TO C. P. Huntington that he had had to order
abroad, as no American steel rail mill could now
fill an order short of 1887.
President Gowen, of the Reading road, has re-
turned from his brief vacation in excellent health
and spirits and ready to talk every subject
save one, and that one is the affairs of the Read
Ing railroad The Philadelphia Inquirer says on
this subject he has once more become a cross be-
tween a sphinx and a clam.
The activity of railroad building, which has
been SO conspicuous since the first of July, has
made corresponding demand for all kinds of
railroad supplies. Car works and locomotive
shops are noted as becoming active again, as in
old times and old iron rolling mills, as at Indi
annapolis, which have been idle for years. are
getting made over to Go modern work in steel.
The Pennsylvania Company is daily from
twelve hundred to fifteen hundred cars short of
filling their orders west of Pittsburg. Manager
McCrea says never before were the Western lines
more crowded with business. The six thousand
new cars ordered are being built as fast posi-
Die, and all old cars which can be repaired and
made fit for service being crowded through
the shops
Mr.. Charles Waring writes in the Fortnightly
Review in favor of uniform railway freight rates
without regard to distance; and he makes some
arguments in its favor Mr. Waring thinks if
distance were annihilated, according to his sys-
tenn, it would stimulate trade up to the outside
limit of production and would give new i'm
petus to commerce not far short Of that caused
By the introduction of railways.
The L., N. A. & c. is reported to be crowded
with business Within the last thirty days ten
new engineers have been employed and fourteen
new train crews. The freight engines are sell
dom housed as quick as they come in on one run
they are turned around and started out with
fresh trsn crew. One of the officials says they
need to-day twenty new engines. The way they
are running their present equipment is deterioat-
Ing it in value rapidly
The improvement In earnings of most of the
railroads is undoubtedly genuine, and is due to
an improvement of general business But rail-
road bookkeeping is fearful and wonderful
thing railroad whose earnings are falling far
short of its fixed charges NAV readily hide the
deficiency by an issue Of new bonds for construc-
tion purposes. On the other hand, roads which
earn large dividends sometimes charge enormous
sums to operating expenses, and thus eventually
accumulate a property whose actual value is so
much in excess of its capitalization as to fully
warrant stock dividend. This was the case
with the New York Central for some years pre-
vious to 1870.
The PENNSYLVANIA people have been expanding
immense sums OF money the last few years ad-
vertising their road and its wonderful attrac-
tions through handsome books, highly embel-
lished with cuts, showing off the grand scenery
on the road. This was all we'll enough; but it is
now suggested that they change the programme
and expend the amount of money heretofore
used in spreading these fine works the
country in lighting the Horseshoe bend with cleo
tricity, in that way improving the scenery on
that portion of the road even over the grandeur
OF seeing 1t by daylight Such an improvement
would be big card for the Pennsylvania people
for next year.
The prospects are excellent that Western coz
sumers of anthracite coal are this winter to pay
good prices for 1t. The roads refuse to name
west-bound rates on this coal except from dav
60 day, and will in case give special rate, as
In years past. Further, dealers are notified that
certainly there will be an advance in rates Oct.
], and. TO add to this, is q scarcity of cars to
load for the West with anthracite coal The
trouble is, says Pennsylvania Official the bust
ness Is not legitimate, but deferred business.
shipments are always heavy in the fall months,
but this year are more so than usual as coal
which should have been shipped west in July
and August has been delayed by the strike
troubles. Now the people, he says will begin
to feel the effects of the labor troubles in the
mining districts. The roads felt the effects in
July and August, when the coal shonld have
been coming west in the empty cars.
After all the abuse the Philadelphia papers
have heaped upon the Pennsylvania road as re-
CARDS its discriminating against Philadelphia the
Pennsylvania last week took stand regarding
Coal rates which dspes all grounds for adverse
criticism by the press of that city The Pha-
delphia Press says: Zone of the most important
matters of the past week is the refusal of the
Pennsylvania railroad to advance tolls an
thracte coal shipped to this city and vicinity.
The Pennsylvania holds that it is not justified in
charging double the freight on anthracite coal
which is charged on bituminous shipments This
is the result of the building of the Pennsylvania
Schuylkill Valley railroad. and the first appear
ance of the Pennsylvania Railroad Company as
maker of rates on anthracite coal If the posi-
ton of the road is maintained it will revolution
axe the coal trade in Philadelphia it is stated as