The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-16

pie time for all the ROADS 20 arrange 70 work over
the Belt road. Until this is done streets will
be blockaded and passenger trains delayed on
the Union tracks.
Passengers, who have occasion to ride over the
South Bend extension CT the Vandalia system,
speak in the highest terrns of the substantial
improvements which are being made on that
division. The new station buildings are espe-
cially neat and attractive and the rosd- bed is
being put in frst-class condition. Notwlth-
standing the newness of the road, passenger
trains are run at a speed that would De quite
surprising to patrons of some OF the Western
lines that were in existence many years before
the Little Vandalia' was anything but barren
ideality.
Olney Newell. formerly Of Indiana, and well
known as q prominent Democratic politician,
and at present editor Of the Colorado Live Stock
Record, of Denver. is the inventor of a double
deck stock-car which promises to yield him
bonanza. Several Of these cars have been
placed in service on the Missouri Pacific system
with the most satisfactory results, and compa-
ny with capital of 500, 900 has been organized
to manufacture the decks on an extensive scale.
Mr. Newell is president of the company, and Col
H. d. Hunter, of ST. Louis one of the largest
live stock dealers in the Southwest s vice presi-
dent and general manager.
Rumored Changes In Express Officials.
The Cleveland Leader says that it is rumored
that an important change will soon be made in
the management of the United States Express
Company, which will lead to the retirement Of
E. NJ. Matthews, the superintendent of that di-
~>sssons The change, it is said, has been made
necessary by the formation of the Erie Express
Company, which has considerably disarranged
the lines of the United States Express. At pres
ent the United States Express Company has
seven divisions. One of these, super
intended by L. Atwood, with head
quarters at Dunkirk. N. Y, has been
o,%ir alxr vAxG H. Tns
it was composed mainly of Erie and Nypano ter
ritory. Mr. Atwood is still settling up the af
fairs OF the company In that district but will
soon have the work accomplished The story is
that Mr.. Atwood will be appointed division SUI
perintondent, with headquarters at Cleveland,
Aug !, superseding Mr.. Matthews. Mr.. Mat
thews, as the story goes, will either be promoted
TO assistant general superintendent or will re-
tain his present title and retire from the more
active duties of the position, in either case
naming at Cleveland. He is Of the most
valued general officers in the company's employ,
and the Oldest in duration of service, having
been appointed superintendent by the first pres
ident of the company, Henry Kipp, way back in
1853, shortly after the company was organized.
Commissioners Who Investigate Before They
Act.
Minnesota fortunately has railroad commits
sion which has some sympathy for the railroad
companies. In answer to the complaints of
farmers in'northern Minnesota, who charged the
St Paul, Minneapolis & Manitoba railway with
exacting exorbtant rates, the State Board Of
Railroad Commissioners say that after an ex-
animation of the books of the company they
found that the earnings for the year had de-
creased S42l, l0767; that the expenses had
actually increased 1906, 1872 81, which re-
duced the net earnings Of the company 1921.
800 68. compared with the year ending July
l. 1885. Being satisfied of these facts, the board
deemed it necessary to modify their requests,
and accordingly suggested new schedule of
rates on -four, grain and lumber. based upon the
exhibit of the business of the road for four
years past to the present date. This schedule
ranges follows: On wheat, coarse grains.
f1axseed, -four, feed and millstuffs, in lots,
cents per 100 pounds for 20 miles, to % cents
per 100 pounds for 400 miles; lumber 5 cents for
20 miles, to % cents for 400 miles; hay and
| straw, cents for 20 miles, to 10 cents for 400
miles, horses and mules, carloads, Sc, to $50;
cattle, sheep and hogs, carloads; Sc to $50. In
view of the reduction OF freight rates the COM
mission modified its order regarding reduction
of passenger rates to apply to round-trip tickets
only.
Drifting Around to Trunk-Line Methods.
The war among the railroads west of Chicago,
which a week ago gave some promise of settle
| ment. went step further. until it has now
| reached the point which almost completes the
parallel between their history and that of the
trunk lines. The same remedy has at last been
proposed. the formation of money pools
covering their entire competitive business.
| The New York Post says: ''Much preliminary
| discussion has doubtless prepared the way for
this proposal, and it does not seem, at any rate
at this early stage, to have frightened off any of
| the great companies concerned 1t is probably
an advantage that the plan has been brought
forward by the Rock Island company, = concern
which for years has seen very little speculation
in its stock or securities and the chief question,
we think, is how soon will an agreement be
reached on this basis. The scheme is regarded
hopefully by capitalists interested in railroad
properties, because it is tried remedy, and
events have for some time pointed to its ultimate
adoption"
An Old Project Revived.