The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-15
AFFAIRS OF THE RAILWAYS.
Personal and Local.

week, 10. 79S ears against 8, T65 the correspond
ing week 1855.
The Wabash earned the first week in Novem.
Der $256,0O0, decrease as compared with the
corresponding week in 1885 of So. 900.
Favorable prospect of Indiana Bloomington
d Western reorganization. and the removal OF
complications. has caused an advance in the com
panys bonds of late
The Cincinnati, Hamilton G. Dayton earned
during the first week of November $58,07S, an
increase over the earnings of the corresponding
week of 1855 of So 165
The FIVE Eastern lines forwarded last week
a. 256 loaded cars. against 234 in the week end
ing Nov g. and 3,216 the corresponding week
1888, and against 1920 the corresponding week
1884
The five Western lines last week brought in
A. 4s9 loaded cars against 4.0S8 in the week end
ing Nov G. and against 7l3 the corresponding
week 1885, and against g. 802 the corresponding
week 1884.
The Wabash purchasing committee will con-
tinue to receive without penalty signatures of
bondholders until after their next meeting.
About $40, 000. 900 bonds have assented to the
organization plan.
The live stock shipments have again reached
old-time proportions. In the week ending the
18th there were handled by Belt road engines
III
loads the corresponding week 1885
Work on the Vincennes, Jasper & New Albany
road is TO be commenced this month. All the
townships asked to vote the per cent. tax to aid
this road have done so. The projectors of the
road say it will be completed In 1887.
Holders of about 1900 shares of the stock of
the Iron railway have assented to the arrange
ment proposed by Mr.. Bait, which means this
road as well as the Dayton & Ironton, will be-.
come part of the c., a. g. d. system.
j. E. Gimperling superintendent of the Day
ton Il lronton road. was IN the city Saturday.
AS yet he has not been informed whether the O..
III. 81 d. people. who have secured control of the
property, will retain him in their service or not.
The time tables will bear a good deal of study
ing this morning, as seldom many changes
in running time made on the fall and winter
schedule as this year and, what is'unusual, on
two or three of the roads the number of trains is
increased
The c., H. g. D. people say that it is their in
tenton to build Immediately branch of the
Dayton 81 Ironton extending from Washington
Courthouse to the Hooking Valley coal fields,
and compete for that business, as well as that of
the Jackson coal fields.
The scarcity of cars is so great that some OF
the roads are resorting to the old-time custom
of stealing all the cars they can get hold of, and
come of the messages which are passing over the
wires regarding this dishonorabie practice would
make startling reading were it made public
through the press.
Superintendent Van Tassell of the Ohio
Southern road, in the city over Sunday He
reports the traffic of the road as heavy, yet could
the cars be secured the coal shipments over the
road would be two hundred cars day heavier.
The jackson coal mines are loading some two
hundred cars per day.
The l., B. g. w. this year seems to be catch
ing on TO the cotton traffic. A considerable
quantity is passing through here daily, and one
party has, at Cairo, 300 carloads to forward
fto he fV1rr cd RI
The Cairo u Vincennes road turns the cotton
over to the l., b. & W. at Danville, Ill.
Several days ago the Supreme Court of tho
United States overrued motion for a rehaar-
ing of the of the Terre Haute & Alton road
VS. the Bee-line Lake Shore and others This
disposes finally of this litigation, and the defend
ants can, for the first time feel assured that
they will not be obliged to pay over some $780,,
600 to tho plaintiff.
That all is not lovely regarding the recent sale
of the Dayton 81 Ironton road to the c., FL. q ID.
people is evident from the fact that meeting of
persons interested in the Dayton & Ironton will
be held at an early day to devise means for the
protection of the minority interest in the recent
sale of the road to parties interested in the Gin
cinnati Hamilton q Dayton
New Albany, at no distant day, promises to
become the second railroad station of Importance
IN the State During the year 1887 that city will
probably have three additional railroads.&c.
Ohio g. Mississippi, Dayton, Cincinnati & Louis
roads In addition, a road will be built from
Canneiton to a point on the Airline to connect
with New Albany lines
George Stephens, purchasing agent of the L.,
N A. s. g. road has resigned to take a similar
position on the Ohio & Mississippi. 1t is stated
that several other men, among them two or
three passenger conductors on the L., n. A. 81
c.. will take positions on the o. d NJ. as soon as
it is definitely settled that G. G. +. Bent will
continue as general superintendent, which fact
AAFn Nd ne &Antr
president from New York.
tits stated chat Judge Gresham has ruled that
the three divisions of the Lake Erie 81 Western
road be sold separately. Ii this is done, it is
said the Lafayette, Bloomington 81 Muncie dvis-
ion will be bought in by the Elijah Smith party
which controls the income bonds. This division
Is understood to he the most valuable of the
three. 1t is stated that the only way to keep
the property intact now is to assess the stock 6
per cent. and take the road out of the hands of
che court.
Col. Harry Crawford is said to have covered
himself all over with glory in his seven hour
argument before Judge Gresham asking for
separate receiver for the Chicago division Of the
Wabash system. He is said to have reviewed
the conduct of the present receivers, and the
whole of the litigation from its inception to date
and he fully demonstrated that he was we'll
posted to the intention of the htgants and
the schemes that the '.sharperS,h as he calls
them have planned
Dub &c" AVauS AZ TUG COUubTy III as Roou
shape financially as the Richmond 81 Danvlle,
OF which h. b. Thomas is general manager
This company controls over 1000 miles of road
with the smallest capitalization known in the
country, and it has been pilng up a surplus,
which has gone into new rails new equipment
and new motive power until the actual vaule of
Its assets has been vastly increased. There are
standing offers for the stock at the present high
price without any being put on thesmarket
On Nov. the lines of the ST. Louis east bound
freight Dool-tha Chicago & Alton, Wabash. Bee
line, Vapdalia and Ohio & Mississippi-stood as
follows in the pool to the debit and credit side
of the movements of dead freight and live stock
from Feb l to Oct 81. both inclusive: The Chi
cago & Alton was over $3l ,672. 80 and the Van
dala was over $l9. 900 81. The Wabash was
short S. 160 o. the Decline was short 500 81 C6
and the Ohio & Mississippi was short $24. lOl. 76
Annkinn aSl Ed go the sum d,,a 4ha aLs-.- -,