The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-10
AFFAIRS OF THE RAILWAYS.


Receiver Henderson, of the l., B. & W., has
bsen spending three days looking over the Peoria
division. examining into its physical condition.
The meeting of the Peoria committee of the
Central Traffic Association, which was called for
yesterday, has been postponed An attempt is
row being made to hold it next Tuesday.
Il Investigation shows that the report in freight
rircIes that the l.. B. & W. is hauling grain from
indianapolis to Sandnsky at three and one-half
cents per 100 pounds is withour foundation.
!; The Wabash earned in June $968,000, an in
Grease over earnings corresponding period last
year of $256. 900. The road has earned since
ban. s., 847, 22S, increase this year $443s zoo
The bondholders Of the Lake Erie & Western
announce that they have majority OF the La
Fayette, Bloomington g. Muncie frsts. and claim
that this gives the committee control of tho
road.
The Indianapolis & Vincennes is beginning to
feap some benefit from the traffic agreement it
* Chicago regarding freight as we'll as passenger
BUSINESS.
SO good are the prospects for heavy traffic
over the c., l., st. l.. & G. that Superintendent
Eherwood has asked the Schenectady locomotive
works to push the building of the four heavy
freight engines recently ordered
The Bee-line fast limited train, No. 10, has
now been on sixty days. and during that time in
ho case has missed its connection at Cleveland
with the Lake Saore and New York Centra al fast
limited, which certainly isl good record.
Traffic has increased to such an extent on the
Belt road that Superintendent Whitcomb has
been obliged to put on two additional train
ErewS. Yesterday Belt-road engines handled, at
khe Indianapolis elevators, 1903 carloads OF grain.
r. w. Geiger, general freight agent of the j.,
M & L., says that the crops on their line are
heavy beyond parallel. He expects that by next
Wteoalr ffxxv will havI m
fhat large per cent of it will go direct to the
seaboard.
e. A. Ford general passenger agent of the
Pennsylvania lines west of Pittsburg, has, owing
20 the extreme heat, postponed his trip over the
entlre system under his supervision for q few
Hays, and with George Harrington. of the Van
Halia, has gone TO Lake GogeSicfor weeks fish.
Mr.. Ed Carter, who was for number of years
master car builderin the Vandala shops at Terre
6aute. died on Thursday. He has been in very
poor health tor over year past, since which
lime he he was unable to attend to his duties
He has drawn half salary from the company
during the entire period of his illness.
The New York Financial Chronicle reports the
Earnings of fftyfve railroads in June. 1886, at
B19 008 &c., against ST, IA, S64 in June, 1885,
which shows an increase of 81, l33, 99o. The
gross earnings of fifty~seven railroads from Jan.
to June 80 were 1925, 2S7, 1853, against $I17, 934,
B8l for the same period last year, showing net
Increase of S., 1852, Az
Cedar lake, on the e.. n A. & c.. road, as a
pleasure resort is proving bonanza for the
passenger department. Seldom does day pass
khat there is not one more big excursions to
khis lake. One day last week the company
hauled seventy eight coaches loaded to the guard
10 this pleasure resort 1t is thirty eight miles
put from Chicago, and the fare for the round
"trip is ST.
A general passenger agent who has been il
railroad service over twenty five years remarked
last evening that never during that time had he
seen passenger rates SO demorailzed as at the
present time, especially west bound Said he
IN fact person by little engineering can go to
ANY point in the Northwest or between the Mis-
eouri river and the Pacific slope at threefourths
OF cent per mile
The Toledo, Cincinnati g St Louis road,
even in it's present wrecked condition, is dis
ytprblng element in grain rates to the seaboard.
sSAt Cross points of other roads it will drop in
Few cars and load them for the Grand Trunk road
at two or three cents below tariff rates. The
general freight agents are anxlouslv awaiting
General Manager Bradbury taking hold, believ-
fng that he will put stop to this boy s-play
method of doing business.
Commissioner George r. Blanchard, of the
Central Traffic Association has called meeting
Of the Chicago, St Louis and Peoria committees
70 be held in Chicago July % for the purpose of
bringing the traffic from outlying territory into
Qnesof these pools The trouble at st. Louis is
all caused by the fact that the agreement there
was never signed by all the lines in interest and
July was the limit asked for in which to abide
by the pool regulations. It Is expected that all
this will very soon be settled.
Mr. Vanhorne, manager Of the Canadian
Pacific Railway, has issued a circular in regard
10 the adoption of the wenty-four-hour system
of time adopted on that road He says that
majority of the railroad managers of Canada and
t4e States have expressed themselves in favor of
The system, and that it will be an honor to
Canada to be the first to adoptit It will first
ba tried on the section west of Lake Superior
The company will supply TO the public, free of
charge, paper dials for both clocks and watches
adapted for swenty -four hour time
TheJ., NJ. & l. road is establishing agencies
la the tobacco and cotton growing sections along
khe lower Ohio and Mississippi rivers with a
view of diverting the shipment of these great
staples to New Albany, and for their reshipment
east to Europe. It is the purpose Of thecom
pany to establish freight storage sheds on their
ground at New Albany, between Pearl and
State streets, fronting Water street, and to en-
pIoy all the facilities that enterprise can COM
mand to secure at least tho larger part of the
tobacco and cotton reshipment businessfor their
lines East.
Assome people are seemingly becoming inn
patient that the walls of the new Union Depot
are not going up, it is proper to state that the
preliminary work is being pushed as rapidly as
possible. But yesterday were the abstracts of
titles to property that the company must ac
quire completed. With the exception of those
properties that it is found necessary to con-
demu Dir. Malott will now complete the pur
chase. Notices to vacate have already been
served on number of occupants of buildings
which must come down to make room for the
Improvement
Thursday last meeting Of the division super
antendents of the Chicago railways was held at
the Grand Pacific Hotel, all the lines interested
being represented. An organization was formed
for the purpose of holding monthly meetings,
such as are held by the general superintendent.
for the purpose of discussing the common inter-
ests OF the lines of the exchanges of cars switch
Ing rules and the general Improvement of all
things concerned. w. S. Mellen. of the North
western road, was chosen president The asso-
Ciation will report to the General Superintend-
ents' Association.
The Decline net earnings for June, 1t is esti-
mated will show an increase of from $40 900 to
$4,000 over June 1885. The estimated earn
lngs OF previous months have usually fallen