The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-23
AFFAIRS OF THE RAILWAYS.

more
taken to fill the vacant Decline presidency until
the next annual meeting in 1887
The anthracite coal combination has fixed
upon 2, 500, 900 tons the allotment for August.
last year there were mined 3025O0O
It is expected that the branch road of the L.,
n. A c., between Orleans aud French Lick
Springs will be completed by Nov. /.
Judge Gresham has confirmed the sale of the
Louisville, Evansville & St Louis railroad. 1t
viii be reoreanized at once under the same
name.
General Manager Henderson was n Ohio. yes
Eerday. making an inspection trip over the Dav-
ton e Ironton road in company with Superin-
tendent Gimperling and other officials
Ever Brothers. of Columbus, who are now
building the new passenger depot Tor the j., ni;
81 l. in Jefersauville. have also been awarded
the contract for building freight depot at the
same place.
An engineer corps is now surveying a short
line between Dupont O., and Decatur, Ind, for
the Toledo, St Louis Il Kansas City railway.
II will shorten the distance nearly twelve miles,
and run through Van Vert
The Mobile & Ohio company has begun the
work of changing the Cairo narrow-gauge road
to standard: will provide it with new equipments,
and replace the bridges with iron structures, re-
curing an outlay of millions of dollars.
The Green Bay. Winona g. st. Paul Railroad
Company will resume payment of interest on
Its first mortgage bonds Aug. /. The company
defaulted Feb l. 1885, and has since been oper-
ated by trustee for the bondholders, not going
into the hands of receiver
Commissioner Blanchard is trying to put the
Peoria grain pool into satisfactory operation,
but has not yet succeeded. The proposed pool
has been made contingent upon the signing of
the contract on through traffic, the latter some
thing that has not yet been done.
H. E. Craft has been appointed chief train dis
patcher of the Cincinnati, Jackson q Mackinaw
road succeeding George l.. Schenck who has
resigned TO accept position as train dispatcher
With the Cincinnati Hamilton % Dayton road.
Dir. Crafts headquarters are at Van Vert, ..
Besides the acceptance by the holders of pre-
ferred Cincinnati, Hamilton q Dayton stock of
the extension at 4per cent, the company has
further placed at par $500, 900 of bonds at per
cent. for current improvements. This is the re-
naming half of the ST. 900, 600 authorized in 1882
The Pennsylvania people deny the reports that
that company is buying New York u New Eng
land stock However that may be. some inhu-
ence is at work pushing up the price On
"Wednesday common was quoted at %, and pre-
ferred l34a. Net earnings of $4,000 are esti
mated on the years business.
The meeting of railroad managers, which has
been in session at Cleveland for several days.
was one of the most important gatherings of the
year. Plans were discussed for securing the
adoption of q uniform system of rules all
roads in the country. The committee will re-
port at the general time convention next fall
The Cincinnati. Hamilton & Dayton has
Bought two heavy freight locomotives,
eighteen by twenty-four cylinder moguls, from
nhe Brooks works. The Peninsular Car Com
gpany of Detroit, has begun filling another or
Der for box cars for the c., II. 81 D., and still
larger contract for box cars is in negotiation.
w. H Hallsted.' general freight and ticket
agent of the J. 81 l. s. railway, is working up his
lroad to formidable trunk line proportions He
has established line of refrigerator to
In connection with the Union line Of Switz
City, and is carrying large quantities Of butter
Eggs and poultry, for Now York, from Sullivan
Robinson and Newton.
The jury trying the case of unjust discrmina
tion against the Illinois Central railroad, at
Springfield, returned a verdict of 81, 900 against
the road. The specific offense alleged was that
the road charged 10 cents per 100 pounds on a
miles, on the same day that it charged 10 cents
per 100 pounds for similar shipment TO Kan
kakee, fifty-fve miles.
Mr. Gowen has gained another victory Chan.
tCellor Runyon's order that So 900 900 of Reading
bonds. deposited with Receiver Little, of the
Dersey Central, should be sold, has been set
aside by the New Jersey Supreme Court. In the
lmeantime however. the receiver sold 81, 00O. 900
10 Wharton Barker of Philadelphia who says
zhe sale was legal and regular, and the bonds
can be had by paying par and interest.
+ A railroad offcial, who has kept careful rec
ord of accidents on his road, states that 60 per
Gent of the wrecks of freight trains on the road
have been directly traceable to overlooking cars
But few days ago freight broke down
And wrecked train, doing fully ST. 800 damages
ITO equipments, and investigation showed that,
although the was rated 80. 900 pounds the
Gar, when it broke down, was carrying $4,000
pounds.