The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-17

next week the line will be completed between
East Dubuque and Prairie Du CHEN The
bridge across the Wisconsin river 10 also COM
plotted, and ready for USE
1t now looks as if a few days more would see
the end of the transcontinental fight. The rail
roads started ont with horns blowing to wipe
out the Pacific Mail and have been ingloriously
defeated
The Phiiadelphia Times says: "The affairs Of
Reading appear at last TO be approaching
crisis Mr. Gowen has offered a compromise to
the syndicate and has promised to Issue his own
plan in week il the compromise is not ac
ceDted
The lowest price yet touched for steel rails IN
Great Britain was at Middlesborough. where the
quotation was f3 los per ton, T. o. b. This order
was taken against German competition. Cur
rent quotations are rarely more than "a per ton
at works.
The Chicago & Northwestern is surveying
route for new line from Iron River to Waters
meet. Mich, thirty-ive miles. connecting at
Watersmeet with the Milwaukee. Lake Shore d
Western 1t is expected that trains will be run
ming in four months.
The earnings of the Canadian Pacific continue
to show handsome increase. The line will be
opened from ocean to ocean this month for
freight and passenger traffic, after which fur
ther increase in earnings may be expected al
though the average per mile may for some time
IN the future show decrease
The New York Central Sleepingcar Company
has just concluded a contract with the Milwau-
kee. Lake Shore & Western road whereby sleep
ingcars of the former company will be run on
the lines of the former for the next fifteen years.
| Formerly the Milwaukee, Lake Shore d. West
| ern Company used its own sleeping cars.
| The transcontinental dispute, involving the
| Pacific Mail Steamship Company, has taken a
| wider range as it is now under discussion to
! form pool which shall include the Pacific Mail,
and this causes fresh delay in reaching settle
AAan &C. 80 he do
| with the Panama Railroad Company.
There is rumor that the Burlington will
| soon push its Colorado extension to Cheyenne,
| Wy. Il. This WILL of course, further cripple the
| Union Pacific. 1t is also rumored that the Rock
Island Nebraska extension will also be pushed in
Wyoming as rapidly as possible This line will
| invade the Union Pacifcs territory and crosse
| the latter road at or near Lodge Pole on the
| North Platte river
| The Boston Advertiser says: "The success of
the Boston, Revere Beach & Lynn railroad is
| particularly gratifying as an execution to the
| many msfortunes of w-gauge railroad en-
| terprises. The road earned per cont it's
stock last year. and paid G. 1t is doing still bet
ter this year. the travel to the Point of Pines,
/ well as to other stations on the road. being
something enormous"
| The Philadelphia Times says: president
! Gowen ought to have been convinced several
years ago that even the most brilliant and
| pungent rhetoric won't pay debts. 1t is very
| well in its place, and appears at its best in one
SO skillful in it as is Mr.. Gowen; but when it
| comes down to paying a dollar of debt with half
a dollar of assets and the most fascinating
rhetoric thrown in, you can't do it, you know"
The officials of the Union Pacific Railroad
! Company at Omaha are busily engaged in per-
| fecting the details of their fast express scheme
which it is now expected will be ready to 60 into
| operation on the 18th instant. The Central
Pacific has given assurance that it will cooperate
| in the enterprise. and will adjust the trains SO
that going eastward from San Francisco to Og-
| den the time will be shortened one hour, and 60
/ ing westward two and onehalf hours Between
Omaha and Ogden, both eastward and westward,
| the Union Pacific will shorten its time twelve
| hours, making the trip between those points in
thirty six hours instead of forty-eight hours, as
| at present.