The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-25
AFFAIRS OF THE RAILWAYS.
Personal aud Local


slis East-bound pool. has gone to Cincinnati to
spend THANKSGIVING.
w. L.. Condell has been appointed New Eng
land agent of the Chicago. Burlington & Quincy.
with headquarters at Boston.
The Cincinnati, Wabash & Michigan railway
ere equiping one hundred new cars, with the
Baldwin automatic coupling
Commissioner Fink reports trunk-line tonnage
sor October the largest in ten years, Win stlh
Brighter prospects for November.
The L.. NJ A. dR c. road earned the second
week of November 1925. an increase over
earnings the corresponding week, 1850, OF Sz,-
953
The Bea.Iue people have increased their force
at Brentwood shops some forty men within the
last ten DAYS. and at the Nation shops some
twenty men.
H r. Derfng and assistant general passenger
agent of the Pennsylvania lines, and family,
have gone to Columbus, o., to spend Thanks
giving with friends.
The L. d. 81 S. road earned in the first TWEEN
ty one days of this month $26. AS. %, decrease
Of 1923 20 as compared with the earnings of the
corresponding week 1885
The arbitrator for the Kansas pool lines will
meet at ST. Louis on Friday, with view of
completing their decision before the ASSOCIATION
meets there on next Monday.
will, SUNDAY next. be carried from Cincin
natl TO St. Louis over the c., l., ST. l.. & G.
and the Vaudalia, taking dinner at the Union
Depot.
There is the best authority for saving that
matters have taken such turn with the l., B e.
W, that it is thought that the decree for the
foreclosure sale of the road will be issued within
Che next sixty days
c. S. Sawyer, late general manager of the
Continental line. was member of the Indian
apolis Board of Trade and OF its insurance
ISOLATION, from which his widow will receive
81 900 insurance within the next thirty days.
From party we'll informed it is learned that
the Chicago 81 Eastern Illinois company have de-
cided to build an extension from point on the
main line Tuscola, ILL.,, the coming summer,
and further it is the companys plan TO push on to
NATION "a soon as practical
Philadelphia papers state that the Philadelphia
f. Reading stock is the financial belle of the
street and every body pays court to 1t Corbin's
Gdmiring friends have already filled their cellars
with the shares and the junior bonds, and now
they are filling their garrets also.
The Cincinnati, Indianapolis St Louis 81 Chi
cago road has declared dividend of II per cent.
cash, and stock privilege which gives old share
holders new stock at IS. and the new stock, it is
stated, is being taken with a readiness which
even President ingalls, had not anticipated.
A car loaded with oranges, starting Nov. s
from Gainesville, Fla. made the trip to Chicago
via the Louisville & Nashville, and the Louis
Vile, New Albany & Chicago in FIVE DAYS. the
usual running time of freight of that character
being from six to twelve days. The distance is
1900 miles.
w. w lie Grande yesterday received letters
patent on his electric machine interockirg appa-
ratus. Next week the superintendents of the
several roads will be asked to witness a test of
this valuable invention, as the one where the D.,
n. IL |. intersects the Belt road Will be completed
IN day or two.
The Ohio Connecting Railroad Company has
elected Thomas Messler president. j N.
Mccullough, William Thaw, John ". Renner
James McCrea, Vim. Mullins and A. McElevey
directors, who met and elected John e. David
son treasurer and s. B. Liggett secretary 1t is
the intention of the board to prosecute the work
to completion AS early as practicable.
There is a stock movement in Chicago. St
Louis & Pittsburg. which sold up to the highest
prices ever known. on Wednesday-not because
there Is any chance OF a dividend, for the com
pany has not met it's fixed charges. even under
the reorganization plan. and will require an enor
nous development of traffic to enable it to pay
anything at all for the preferred stock.
General Superinten dent Kerrigan of the Mis-
souri, Pacific railway, has issued notice to the
employees, in which he says: AS testimonial
of respect the part of this company to the
memory of Mr.. Hoxie and his great services. and
as mark of esteem on the part of his associates
and employees. the offices and shops of the COM
pany will be closed on the day of his funeral"
The Pacific coast and Eastern passenger
agents, in session at Chicago after spending the
day in futile wrangiing over the settlement of
the commission business. appointed acommittee
Of five last evening to arrange agreement for
the maintenance of rates. Phe committee con-
eists Of Messrs Dearborn, Whitney, Morse.
Smith and White. They under instructions
to report to-day.
The six roads in the Decatur pool namely the
Illinois Central the Wabash, the l., d. q S..
the P. d. & E., the G. g. II. and the Illinois
Midland have issued joint notice, under date
of the 23d, that and after that datea prorat-
ing arrangements to Decatur. proper which do
not allow these lines the minimum rates es-
tablished by the Illinois Railroad Freight Asso-
station are abrogated.
Scolding tie Southern roads for holding cars
OF Northern lines TO do local service on Southern
roads has accomplished some good, it has in
.duced some of the roads to place orders for new
cars. The East Tennessee, Virginia e Georgia
road this week placed an order with the Albania
works, Anniston, Ala. for 300 box cars, to be
equipped with the Wagner ear-door, a self
coupler, the ears to have a carrying capacity OF
40, 000 pounds.
The earnings of the Eric road are said to be
showing phenomenal increase. The Phiadel-
phta American says statement will be forth
coming. probably this week, that will the
bull tail to lash with fury and the alternating
bear seek his hole while the speculative pessi-
mist will fall back paralyzed. This statement
has already been cabed over to London. and the
blooming Britishers viii be dancing about 1t with
frantic enthusiasm.
Jake Erie & Western stock up to 221 in
October, but fell TO IA on Monday. on the an
nouncement of a forthcoming further assess
mont of Sc per share The statement of busi-
ness for the fret four months shows gross earn
1ngs S49I 600; operating expenses $500. 900; net,
SlfI O00 fixed charges. $ll9 $50; surplus for the
stock: $5752O More than half of the road has
been LAID with steel rails, and no receivers GER
tifcates have been issued
1t is generally asserted that the extension
front. although good means of arrestinc sharks
does not effect any economy in the use of fuel
The record of the Wabash locomotives seem to
show otherwise. The average coasumntion IF
fuel fer all the engines was 81 pounds per mia
or 20 s miles to the ton. There are twentv on
gines on the road equipped with the Barnes ex-
tension front and smok @ preventing device The
average consumption of coal by these engines
was ~. per mile, or 46 miles to the ton.