The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-20
AFFAIRS OF THE RAILWAYS.
Personal AND Local.

for to-day at Chicago.
The officials of the l.. d. G. S. road to-day
make tine annual inspection of the road. Re-
oeiver Hammond will accompany the inspection
party
Tho Pullman Car Company are delivering new
coal ears TO the Chicago IL Indiana Coal road at
the rate of ten cars day until the order for 300
is llled
w. B. Sheardown has been appointed general
ticket agent of the Milwaukee 81 Northern and
the Wisconsin & Michigan roads, with mead
quarters at Milwaukee, taking effect Nov ~.
There is already trouble between the Southern
roads on the commission question, and sons OF
the Southern roads have notified Northern ticket
agents that they have resumed the paymen OF
commissions.
SIT is stated that the temper at the general
managers meeting in Chicago this week was
strongly for a strict maintenance OF rates. 1t Is
also said that the members expressed greater
confidence than usual that rates would be main
tanned.
H. b Smith, former general freight agent of
the indianapolis, Peru d Chicago road is loom
ing up for that position again says one who Is
we'll Informed as regards the future of the road.
The new management could Tot well select
better man.
The She'll Beach road, sf which John r. Elder
is president, has been consolidated with the
New Orleans & Gulf road When the extension
now under way is completed the road Will be
seventy miles long and running through the
best producing districts in the State of Louis
lana.
1t ia stated by friends of the Sully Corbin
clique that a sufficient number of the new Phil
adelphia & Reading bonds have already been
placed to insure the financial status needed to
establish an immediate quotation therefor on the
Stock Exchanges of Philadelphia New York and
London
1t is understood that the Western trip of the
New York Central high officials has no special
- "a
9ilt and Depew an opportunity to inspect GER
tain properties that they have not seen In
numter of months. They will remain here but
one day.
Two of che Boston directors of the Chicago &
Ohio River road spent yesterday In the city, In
conference with c. T.. Henderson, regarding the
extension of the road to the Ohio river. 1t is
practically decided to push the extension the
coming year to completion as intended In the
original charter.
A railroad official high up in the ranks re-
marked yesterday that after attending the meet;
ings at Chicago he had become imbued with the
idea that the dav was not far distant when the
general passenger agents would have much less
authority about rate matters than they now
have, if their services are not entirely dispensed
with.
Without question the hospitals on the Wabash
system are worthy and deserve announcement,
but as they supported by small amounts
taken from the monthly wages of the employees
trihutors for the hospital management to pub
lish report now and then, showing how the
money paid in has been expended.
T. "a Straver chief train dispatcher of the
Chicago & Indiana Coal road, has resigned to
accept similar position on a Wisconsin road.
W s. Brimson formerly with the Lake Erie 81
Western. succeeds Mr.. Strayer on the O. d c. l..
read A. J. Mooreshead travelling auditor of
the G. a. l. c. road has also resigned to take the
authorship of the st. Louis & Chicago road
In years past the c., l., st. L. & c. has been
the banner road in the matter of their trains
irving on time at the Union Depot. Thus far
this year the Decline and l. & St L. have beer
in the lead, the Vandalia next while the Big
-Four comes in third The journal will, on the
first of the year. give some interesting figures re-
garding the time record of the roads running in
here
The selection of an arbitrator Mr.. W. B. Shat
tue wing declined the position, came up at the
Central Traffic Association meeting. Several
names we're mentioned, but the only one serious
" considered was that of Mr.. IL. u. Richardson,
commissioner of the Ohio River pool, but as he
did NOT secure a unanimous vote he was not
elected. and the matter was deferred for future
c nsideration.
Regarding the interview of reporter of the
Inter Ocean with G.. W. Smith, general man
ager of the property, the Atchison officials in
Boston say that it premature to some of
.it9 statements The amount of capital for the
line is not vet decided but $40 600 900 is too
small The compaDy's headquarters will
remain in Boston, and their removal has not
been considered
There is some misapprehension of the scope
of the decision of the United States Supreme
Court in the case of the Wabash. st. Louis e.
Pacific Railroad vs.. the Statesof Illinois. which
was rendered on Oct %, 1886. The court denied
the right of one State to regulate rates upon
transportation in other States but it distinctly
affirmed the power of Congress TO legslate upon
interstate commerce.
Expert judges of track who have recently rid
den the road from Indianapolis to Detroit
are loud in their praise of the improved cond-
ton of the road-hed. But few roads, it is stated
ride more smoothly. and the equipments run are
of much Eandsomer and more eleanly charac-
ter than year or two ago, and with these i'm
provsments there has been o marked increase in
the travel via this route.
The Philadelphia Record says: ''What tax
it must he upon the judges of the United States
Court to keep track OF the various sutors in the
Reading railroad litigation. Yesterday the in
come hondholders announced that they wanted
to take part in the Robinson foreclosure suit
Meanwhile the reorganization committee goes
along with its scheme for wiping off the old slate
and starting in on larger one.'
General Superintendent Miller of the Penn
'sylvana lines west of Pittsburg states for the
one branch of service. coke traffic the company
was short $500 cars, and for ali branches of
service, fully II 900 cars behind their orders vet
there are men foolish enough to believe that the
Pennsylvana lines are cutting rates. If they
are, the head officials of the freight department.
should he placed in an insane asylum
1t pays some roads to be members of pools Tt
is stated that the l., B. & W.. for instance in
the Chicago q Ohio River passenger pool. earned
$4,000, ard receives from the pool under its al
lotment S28 OG0 or. in other words the l.. B. &
w. is paid $4,000 to be member of this nool
and maintain rates. Doubtless there is money
in this arrangement to the other roads as ali
are earning more than when rates were demon
allied
1t is stated that the whole community of in
vesters in railroad stocks are watching with a
good deal of anxiety tho decision of Judge
Gresham in the Wabash case. They are anxions
to know whether his decision will sustain the
rights of bondholders, and maintain the values
of mortgage bonds of a railroad company. or