The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-15
AFFAIRS OF THE RAILWAYS.



instead,of monthly
Paymaster Hedges of the c.. H s. d. sys-
TEN. paid yesterday on the Indianapolis di-
vision for April service
Commissioner Fink says the Lehigh Valley
road is doing more cutting of rates through the
newspapers than in fact.
The east-bound pools at Toledo aud Detroit go
4nto effect June /. Percentages cannot be fixed
upon until there has been some report of tonnage
20 base per cents
The Cleveland & Canton road. which the Cor
bin syndicate have secured control Of practically
cost Sc 000,0 600, and was sold at foreclosure sale
n few months ago at 5000, GOO.
The earnings of the Chicago & Eastern Illinois
for the expired ten months of the fiscal year,
from July to May ], have made gain OF $780,
900 over the corresponding period of the previ-
ous year
Passenger agents are looking forward to the
summer tourist travel the only relief from
the present prosy dizziness of business. Excur-
sion rates are the only inducement to travel not
absolutely necessary.
A very considerable number of the freight
handlers in Chicago are discovering that getting
back, after a strike, is not nearly go simple and
easy as going out strike. The new hands
nre retained. and in one or two instances all the
places are filed.
President Roberts, of the Pennsylvania rail-
road has issued circular calling the attention
al the officers who authorized TO issue free
passes to the necessity of adhering RICHLY to the
regulations governing their issue, as they are
nat being properly enforced.
Representatives of the Central Traffic Associa-
fiDn lines appointed as committee. will have
eoEference with the Eastern trunk line officials
at New York May %, concerning the adoption of
a basis for the division of business Differential
fares are to be submitted to Commissioner Fink
for arbitration.
Ii is stated that the Pennsylvania Railroad
Company will hereafter make its dividend per
csak per annnm. An effort to accomplish this
has been under consideration for some time; and
m officer of that company stated yesterday that,
AFTER the declaration Of the last dividend, there
whs much larger surplus than had been ex-
peeted.
John r. Elder, president of the Shell Beach
road. has received letter from NJ R. Spellman,
Superintendent who has been off duty tor few.
weeks for the benefit of his health, stating that
It had greatly improved, and he weighed ten
pounds more than one month ago. Mr.. Spell
MAN has never fu lily recovered from the injuries
no received on the l., D. & s. road.
The Pennsylvania Railroad Company has de-
cidsd to issue $4, 100000 additional stock to pro-
vide for the following expenditures on the main
branch aud leased lines Construction work,
ESQ 00O real estate, $400. 600; equipment. $780,
ODH new construction on branch and auxiliary
HINES now In operation, SIUU,UUu, construction or
nav branch and auxiliary lines. 81, SOC, 000
The arbitrator of the Chicago east bound
pool have beer given the power to base their
award on all the facts that they could procure,
without basing their figures upon the statistics
OF any given period. The award will be based
On the general merits of the lines in interest.
was the Chicago and Ohio River pool, the model
and most harmonious pool in the country.
The Baltimore & Ohio Express Company can
hardly be blamed for Withdrawing from Indian
apolis, as after the l., b. & w. threw them over
beard their expenses to reach Indianapolis, over
tho C., l., st. L. q c., and maintain their Office
here, would be $40 per day, while, it is stated,
the average receipts of the Office the three years
It was In operation here were but $40 per day.
1t is generally admitted that the non-pcol
lines continue to carry the bulk of the all-rail
Business out Of Chicago. at a reduction of from
nye cents to seven and half cents per 100
pounds, aud it is also claimed that considerable
business is going East from Peoria and St Louis
at . twenty rate. The Ohio & Mississippi
Is said to be the offending party out of St Louis.
Sam Stevenson, general passenger agent Of the
G., h u D., says they have no differential rate,
NOR does he want one, bat he carries passengers
rs low as any OF his competitors to any point.
This doubtless is true and might be put a
little stronger yet. In the Central Passenger
Csmmittee it Is understood that the c., III. 81 d.
shall not be disturbed if they give differential
and they profit by such understanding.
The net earnings of the vandalia for the first
three months of this year very encourag-
ing There have been years when larger east.
bound tonnage was carried but in no former
year has east and west-bound tonnage been so
evenly divided. the movement of empty cars,
aside from coal cars, having been unprecedentedly
light. OF course, the labor troubles at East St
Louis told seriously on April earnings, but May
earnings are footing up grandiy, and promise to
show handsome increase over May, 1885.
The policy of railway managers is now to put
capable young men to the 'front.' A large her
OF the most important positions on the most ind-
p0rtant lines of railway are held by quite young
mon. and the success they have attained proves
the wisdom of the old adage. ''old men for coun-
sci. young men for action" w. A. Biddle, the
assistant general freight agent of the Atlantic &
Pacific, is a case in point Among the younger
men he has already achieved an enviable posi-
tioD, and, by his pleasant manner and correct
business methods, has won the confidence of the
business public with whom he comes in contact.
Some six months ago. when o. B. Skinner,
traffic manager of the Decline, left for Califor-
mia. the impression prevailed and it was based
upon remarks made by Mr. Skinner-that he
would net on his return this spring, resume
service on the G., G., @. s. l. road. But the
death of j. H. Deyereux, president. during Mr..
SINNERS absence, has changed the situation
somewhat, and it is intimated that Mr.. Skinner
VIII not only resumeservice on the road but will
be given more important duties and louder
sounding title than that OF traffic manager.
The Erie Express Company, which has APP
parently joined hands with the Baltimore 81
Ohio Express Company on Monday will succeed
the United States Express Company on the Erie
and New York. Pennsylvania 81 Ohio roads. AS
the programme is now arranged at Gin
einnati, Chicago and ST. Louis the offices
OF the Baltimore & Ohio will be used by the
new company. Chicago will be reached from the
Nypano via the Baltimore & Ohio road at Mans
field, the United States Express Company, it is
understood, continuing to use the Chicago & At
lantic road for the present Cincinnati will be
reached over the Nypano and Decline, and ST.
Louis over the Ohio & Mississippi.
A movement is on foot to make the Chicago &
Ohio River-formerly the Danville, Olney &
Ohio Rivera more valuable property. Two
deeds have been made-one from Frank H.
Jones. special master in chancery, conveying
this property to Hales w. Suter and John w.
Carter, for certain bondholders, as trustees, and
the other from these trustees, conveying the