The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-10
AFFAIRS OF THE RAILWAYS.


The c., II. & L is hauling 800 carloads of
wheat for one party from Toledo to ST Louis.
Al indianapolis it is turned over to the L & ST. L.
Somebody must still have confidence in the
Wabash, as the stock found buyers on Saturday at
eighteen cents on the dollar which was an ad-
vance of 81 points in the last week.
The Stakeholder IN " renews the report
that Austin Corbin will extend the l., B. & w.
from Columbus to Pittsburg, in case he obtains
control of the Cleveland & Canton.
West-bound traffic continues unprecedently
heavy for April. The Bse-line. last week.
Drought west TAG; the c.. St L. 81 2. 1863; the
4, Is. 81 W., 324, and the g., FL. 81, 800 loaded
ears.
JH Devereux. late president of the Decline,
used to say that when c., c., G. 81 ]. stock was
In the thirties it y"as good investment, and
whom in the forties, where it now is, a safe in
vestment.
The change in the Chicago g Atlantic manage
ment goes into effect May Is. Mr.. Benedict, the
now president. has been director of the COM
pany about year, as the representative OF five
Blxths of the first mortgage bonds.
z A Cooper, who a few weeks ago, resigned
AS superintendent of the Indianapolis car works
70 accept the position of superintendent Of the
St Louis cable road, andfwho on the lst of May
retired from the latter position, has accepted
good position on the Missouri Pacific road.
The Little Miami division of the Pennsylvania
lines. has adopted new makeup for its passsn-
ger trains BY the new arrangement the bag
gagecar will be In the middle of the train in
stead Of at the front end as is the ordinary rule.
1t 10 expected that this will greatly facilitate the
handling of baggage and exit of passengers.
favorable feature in the Union Pacific au-
naAl statement for 1885, issued last week, is the
marked increase indicated for local traffic along
Ebe line. This traffic for 1885 amounted to $17,-
66l, 22l, an increase of 81 2O2 456, and was more
than sufficient to counterbaauce the decrease in
through traffic receipts, resulting from the in
creased competition in transcontinental lines. :.
The five Western roads last week brought into
indianapolis 3, 1894 loaded cars, against 288 in
xhs week ending May l. and against 2,947 the
corresponding week, 1885. From the above
statement it will be seen that the Western lines
last week brought into this station LOG more
aeAdec cars than in the week preceding and 347
moro than in the corresponding week, 1885.
The United States Express Company's con-
tract with the Erie has expired. All its bust
ness has been transferred to the Delaware, Lack
nwanna 81 Western. The express company's
friends say that Erie wanted too much money
for q renewal of the contract, its figures being
very high compared with those of the Delaware,
1sAckawanna 81 Western with which road con-
sract has been made for ten years.
Arguments were heard before the Supreme
Court of Ohio on Friday and Saturday last in
the case of the G., s. & c. railroad vs. the l.. B.
DIS W., to compel the payment OF a stipulated
Fsntal. The suit grows out of a lease by the c.,
3. 81 c. of the road between Springfield and
Dayton, subsequently, leased with the remainder
Of the road to the l., B. & w. on consideration
that 80 1-3 per cent. Of the earnings be paid as
rental
Now it is said that Mr. Jewetts resignation
as receiver of the Chicago & Atlantic road was
on account of Judge Gresham's decision, which
plainly intimated that a receiver of the road
would be appointed if it was not operated in
slossr sympathy with the Erie road, in compli-
nnes with the original intention and the wishes
of its real owners Mr.. Jewett was placed by the
decision in an exceedingly uncomfortable posi-
fion. from which he escaped oy resignation.
The Dayton & Ironton road. of which G. e.
Henderson Is general manager, is not proving so
valuable an investment as was expected. Its
gross earnings In March were $40 $50, which was
1896 less than it cost to operate the road. For the
first quarter of the current year the gross earn
fngs were $62, 20S: net earnings, So $780, deficit in
meeting charges, So, 1885, And its April business,
St Is said, did not improve matters much. Nego-
kiatons pending, however, which promise
better things in the future for the road.
Car-builders are feeling blue The president of
one large car works company says they were on
thetrail of some 81. 900 freight which were to
be built this summer, but since the strike came
on it is almost impossible to induce railroad
Official to talk about increasing their equipments.
Walcott & Wright, of this city, who furnish
large per cent of the Southern pine used at the
Pullman car works, on Saturday were notified to
stop shipments until further orders They could
not take care even of the ten cars en- route for
Pullman on that date.
The following associations the membership of
which is made up from the ranks of railroad
men, will hold their annual meetings within the
next few weeks Tomorrow, May H. National
Order of Railway Conductors; annual meeting
IN New Orleans June 8, Tuesday, Master Car
Builders Association; annual meeting at Niagara
Fails. n. T. June g. Wednesday annual con-
vention of the National Railroad Agents Associa-
sion at indianapolis. June Q, Wednesday, Yard
masters Mutual Benefit Associations annual
convention in st. Paul. Mimi. June 10, Tues
day. Car Accountants Association annual meet
ing in Buffalo June Is, Tuesday Master Me-
rhanics Association. annual convention in Bos-
ton.
Below is shown the east-bound movement of
loaded of the five leading lines for the week
snding May s. as compared with the week pre-
eeding and with the corresponding week. 1886: