The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-03
AFFAIRS OF THE RAILWAYS.
Personal and Local.

| Indianapolis.
In 1880 the profits of the Pennsylvania Rail-
road Company were $l1 10 per share, in 1881 $ll,
in 1882 SO 80, in 1888 $40 70, in 1884 S. 81 and
| s.. 80 last year.
The Merchants Dispatch is building fifty re-
| frigerator cars of most substantial pattern to
haul on passenger trains: or at the speed passen-
| ger trains make
| meeting of the general freight agents Of the
lines in the Ohio River pool will he held in Chi
cago on Tuesday Nov. a. while meeting of
the executive committee will be held on Tuesday,
! Nov 16
The lake vessels, as we'll as railroads, disre-
! gard the short haul' principle Recent
| gagements for shipments of coal from Buffalo
were ST. per ton to Chicago 50 cents to Mar
quette and 65 cents to Duluth-all on the same
day.
The through coach put on a few weeks ago to
run between Cairo and indianapolis, over the
g. & V. and l. e. Y. roads has greatly increased
the travel over these lines. Parties going East
select this route, excellent the connections
for the East.
Commissioner Daniels, of the Central Traffic
| Association, passenger department. calls atten-
| ton to the fact that the lines in interest have
| agreed TO abolish the payment of commissions to
/ street agents, and hopes that the agreement will
| be faithfully maintained. He has called meet
/ ing of the association lines for Ihurday, Nov IL
! The Carson management of the L., N. A & c.
rOaQ is tn0ugnC TO De practlclng Lno same thctlcS
| on this road that they did on the Hannibal q ST.
| Joe, although it is not quite so good subject
| This party run the stock of the Hannibal d st.
Joe from a few cents away above par but wnen
| they stepped out from under the stock tum-
| bled.
g. p. Wilson, general passenger agent of the
| Chicago & Northwestern road, announces that
| James Dunn, district passenger agent for the
| Province of Quebec, has resigned, and that here
| after that district will be divided between j. h.
M~ul1 40 UNann ~
and F. II. Medendy New England passenger
| agent at Boston
One of the busiest men in town yesterday was
| +. z. Wade, district passenger agent OF the
| Wabash. He put in the day distributing past
ers. Vote for the Wabash; great Wabash
route" was the legend on the outside of the
wrapper and the pastors inside read Before
leaving the city address F. P. Wade. district
passenger agent, indianapolis, for rates and in
| formation"
Receiver Humphrey of the Wabash, has been
| figuring to get postponement of the sale of the
| Indianapolis, Peru & Chicago road a couple of
| months but the first mortgage bondholders
| have headed off his schemes. and everything
| now points to the property being bid in by the
| first mortgage bondholders, although it is
| stated that outside party syndicate is
ready to bid ST. 500, 000if that sum will purchase
| the road
The general managers and the general freight
| agents of the roads In the Indianapolis East
consider the demand of the L., N. A. & G. for an
| increased percentage in the pool The road is
now awarded but per cent. aud in the month
of OCTOBER earned 203 per cent.-more than either
the Decline the G., St Il. q F. Doubtless
the question how this business was secured will
! be we'll investigated.
/ The Pennsylvania Railroad Company has an
accumulated surplus" to be divided, amounting
nomnaly to $26, 500. 000 1t is spoken OF as if il
were 80 much money in bank suhNct to check.
| n inv ami RI fha
curities Of other companies acquired to strength
| en- or defend the property, and other invest
ments made to benefit the stockholders property,
whose effect is either to increase their income
| TO prevent It's growing smaller.
The burning of passengers in railroad acct
| dents is becoming too much of matter of course
The law in many States guards passengers at
every point except this Automatic brakes,
safety platforms. interlockng switches, electric
| signals are required by statute; and yet, when
accident happens, they roasted alive. 1t
| is possible so light and heat railroad cars as
to remove this danger, and, if the companies viii
not do it except under compulsion, they should
| be compelled.
John Taylor, who comes to this country to
urge the payment of large dividends by the
| Pennsylvania, has had an "object lesson" on
| large scale that should have instructed him. He
is the same London stock broker who urged sue
cessfully the Issue of the Reading deferred
| bonds and other junior securities of that i'll
fated company which made it possible to pay
! dividends for time, and then helped to plunge
| the company into that gulf of deep despair out
! of which it is now trying to founder
| Commissioner Doherty has been asked to take
| the matter in hand of the g., H. & ]. carrying
| the Knights of Pythias and their friends to New
York $l5 roundtrip rate. II no attention
is to be paid to agreements the competitors of
| the c., II. e. l. say they anxious to know it,
| By the by, Commissioner Doherty is out of all
patience with the passenger agents, so Ananias
like are they in their propensites He says they
! sign agreements or give their words upon honor.
and before the ink is dry or the sound of their
verbal promises have fairly ceased vibrating,
| they are cutting rates.
| The Chicago Times says, the trip to the Pa
cifc coast of Mr. E. A. Ford, general passenger
agent of the Pennsylvania railroad, does not
seem to have been productive of any great
amount of good, judging from the dispatches
| from San Francisco The results of the meet
| Ing SO far as ascertained. merely the abol-
/ lshlng of the payment of commissions by the
local passenger agents, with the exception of the
Iowa lines, which retain the ST commission on
each hrst-cass passenger. Mr.. Fords PROPOSE
| tion TO hold the meeting at San francisco never
received much favor from the beginning.
The Pennsylvania Railroad Company is CORE
| spending with the Pullman Car COMPANY look
ing to reform that will be fully appreciated by
| the patrons of the Pullman cars run over the
| Pennsylvania lines. The railroad company has
| proposed to the seeping-car company that they
| pay their porters regular salaries, and make il
| grounds for dismissal from the company's serv-
ice of porter who receives any ''perques' from a
| passenger The Pennsylvania, and Justly, too.
| takes the grounds that the Pullman company is
making revenue from the service of their cars
| which will enable them to pay good salaries TO
| their porters we'll rs conductors. Were this
reform carried out, passengers would be treated
| with less discrimination by the porters the lady
| who did not feel able TO fee him would be on a
par with the one who is lavish in that respect
This is not intended any reflection on the Pull
man company, as no company in the world will
| sooner dismiss from their service who
| treats passengers with any partiality. or one
who is needless regarding his duties, thaa will
| the Pull people.
| 1t is stated officially that the Indianapolis &
st. Louis road will show deficit this year of
fully 100000 Every year makes it more ap-
parent that the rental the /. & st. L. company