The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-01
AFFAIRS OF THE RAILWAYS.
Personal and Local.

week in 1885.
The l. B. & w earned the third week in Oc-
sober SCI 30I: increase over earnings of the cor
responding week OF 1855. 1882
The Northern Pacific is said to be oper ated on
Al per cent of the gross earnings This beats
President Mackey with his E. & t. H. road.
In the week ending Oct 80 there were trans
ferred over the Belt road TO-, 500 cars against
1857 the corresponding week in 1885, increase
this year. 929 cars.
The five Western lines brought into this sta
ton. last week, Ar loaded cars against 4,o3l
In the week ending Oct % and against 1906 the
corresponding week in 1855
Yesterday the Queen and Crescent manage
ment put on a train which is TO make the run
from Cincinnati TO Jacksonville In twenty-elgnt
hours TIE route is via Jessup.
The Pennsylvania dividend is expected to be
declared the fret part of this week. 1t is be-
lieved that the dividend will be at the rate of
per cent. per annum aud in cash.
The five leading Eastern roads forwarded
crom this point last week, 4,779 loaded cars,
against 4.6S3 in the week ending Oct. %, aud
agalnst 3 973 the corresponding week In 1885.
An effort IS being made to get the general
managers and superintendent of the roads to-
gether here, Wednesday, to confer about sew
eral matters of Importance to Indianapolis roads.
1t is stated that Austin Corhin has secured
sufficient stock of the Dayton & IrOnton road to
control the property. The gross earnings Of the
road for September were $40, 447; net earnings,
1861.
It is stated by party in position to know
The facts that the l.. B. d W. will not be sold at
foreclosure sale before March next the bill
hled proposes to replace $l4, 900, 000 with new
mortgage.
Lake Erie & Western earnings for the third
week in October increased S., 208 Louisville,
New Albany q Chicago for the same week in
creased 81 234 Illinois Central for the same
week increased $24, 567.
The Pennsylvania and Baltimore & Ohio noti-
fed Commissioner Fink that they could not send
representatives to the trunk-line executive meet
ing Friday last. snd it was postponed until
Wednesday of this week.
Southern tourist tickets go on sale to-day by
ali lines, under the changes which took effect
yesterday over either of the Southern lines out
Of Indianapolis. There is double train service
between here and New Orleans.
The Pittsburg Dispatch says: The opinion of
the express officials in regard to that big rob-
berry seems to be that they going to break up
this system OF the messengers robbing them
selves, whether the latter do 1t or not.
A meeting of the Railway Commissioners of
Missouri, Illinois, Minnesota, Nebraska, Kansas,
Iowa and Dakota has been called to meet in Des
Moines, on Dec 10. to consider transportation
and other railroad questions affecting public in
terests
The l., B. & W. is experiencing quite boom
In business and all the power they have is now
In constant service. There is yet some wheat to
ZONE forward from points on the Peoria division,
and large quantity of oats, and the new corn
crop begins TO move briskly.
The Pennsylvania is not in actual need of
money On the contrary, bankers credit the
company with having some $40 000 900 on hand,
and it is said that some of this is now being
loaned on the street at per cent interest.
Pennsylvanias position just now is certainly
one of enviable security
1t Is said that the trunk lines executive COM
ulttee will meet on "Wednesday next, and that
the trouble over the express business will then
betsettled. Presidents Hoey of Adams express.
and King, of the Erie railroad, are reported to
have been in conference lately, and have indi-
Gated their intention to restore rates
Jay Gould has an interview in Fridays New
York Tribune in which he predicts season of
prosperity for all the railroads; that Missouri
Pacific is doing an extraordinarily large business
requiring the investment of some So. 900, 900 ad
ditional new equipments He thinks that the
business boom will last two three years longer.
The c., l., st. L. & c., on Saturday last de-
Gvered TO the c.. H. & l. road ninety-sev.n load
ed cars more, the larger part of it Lacxa wanna
business. which, it is said is carried at shaded
rates, the D., L. & W. standing the red action,
whatever it is Be this so or not, the G. l., ST.
L. & c. and the c., H. & l. got full tariff rates.
Messrs. Alfred Sully, Geo. f. Stone Emanuel
Lehman, j. A. Rutherford and Isaac l.. Rice
have been agreed upon ticket to be presented
to the Richmond d West Point Terminal stock
holders. to be voted for at the annual meeting on
Nov 10. The Corbin syndicate seems TO be
lengthening its cords and strengtheningits stakes
In all directions
The parties interested in the L., N. A. & c.,
who have for ten days of late been inspecting the
property have hardly reached New York, yet
the stock has gone up to seventy on the ia
Vora BILE reports the inspection party, which was
headed by President Dowd, gave; or at least
New lorNEfnanclal papers assign this as the
son for the sharp advance in the stock on Friday
last.
The roads centering at Terre Haute are greatly
in need of Union Depot at that point, and as
every road centering there is making handsome
earnings, and three of the roads paving divi-
dends it would be good time to get the enter
prise under way. President McKeen is said to
be ready to move in the matter as soon as the
arrangements of the other roads disposed so
20 do.
A contract was signed on Thursday last with
the United States Railroad Construction Com
pany. of which c. " Sidell is president for the
building aud equipment of the Savannah, Dublin
e Western Short-line Railway. Fourteen mouths
are allowed for the construction of 266 miles
between Savannah and Macon, including
branch in a southwesterly direction from Dublin
90 Americas.
A. q. Postlethwaite, who left the service of
the Pennsylvania railroad four years since to
accept important position on the St. Paul
Northern Pacific road, has just been ap-
pointed general land agent of the Northern Pa
cihc Mr.. Postlethwaite is at present comptroller
and land commissioner of the St. Paul & North
ern Pacific, which company owns the terminal
facilities of the Northern Pacific in ST. Paul.
The local ticket agents are apparently coming
upon dark days in all directions. The roads are
cutting off the commissions upon which thew
have fattened. Now the Southern roads are
moving in that direction. At a meeting held in
Atlanta Thursday last the Southern Passenger
Agents Association resolved that no more com
MISSIONS on tickets be paid, and it is claimed it
will be $50 600 year in the treasury of several of
she Southern roads
President Corbin. of the Philadelphia & Read
ing Is prying into the affairs of the company in