The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-14
AFFAIRS OF THE RAILWAYS
Perennial and Local.

Paymaster sullivan, on the u, l., 81 Ia az ",
will tomorrow pay on the eastern division Tor
November service, and on the western division
on Thursday,
On jan the Woodruff Sleeping-car Com
pany put on line of their elegant combined
sleeping and chair cars, to run over the l., B. 81
w. between Cincinnati and Sandusky.
John N. Abbott the recently appointed COM
missioner of the Southw Passenger Asso-
citation, left New York for Chicago last evening,
70 assume the duties of his new position. Srs
G. E. Henderson. general manager and a. 9.
Dlehl general freight agent of the l., d. % W.,
have gone to Chicago to attend the several rail-
road meetings to be held there this week
The New Albany Ledger states that the steel
rails for the New Albany 81 Eastern railroad
tho O. 81 II. extension-have been purchased,
and will be delivered by the middle of January.
The Riehmopd & Danville road was operated
IN the fisca. year ending Nov. 80, on 53 lilo per
cent of its gross earnings, which fact is certain
w complimentary to the general manager, E. B.
Thomas
With the order for an advance in east bound
rates the Goth, come pouring in orders for cars.
OF course none of them can be filed as the roads
are nov all short of cars to do even their loca!
business, consequently cars for through ousl-
ness it's useless to talk about
An important meeting of the Central Traffic
Association begins to- day at Chicago. 1t will
probably last two or three days. as questions on
which the very life of the association is based
come mp to be acted upon, both as regards
freight and passenger matters.
The Philadelphia Record says: ''Mr. Corbin
has undertaken to lop off every sort OF what
seems to him to be super1uous expense, in Or
der to show the merits of his management as
we'll as to demonstrate to the street that Read
Ing can earn enough from current receipts TO
meet its fixed charges"
~ - - nf
the Chicago. Milwaukee & St Paul road re-
turned last evening, from an extended Southern
trip. He reports travel light on Southern
lines. as we'll as on roads In this section Inc
transcontinental lines the only roads which
are doing good passenger business at the pres
ent time.
Joseph Downey. the contractor who Is to build
the new union station, came down from Chicago
last evening and will remain two or three days
and during the time will let several more sub
contracts. He last evening contracted with the
Indianapolis tile works for the thing for the
floors and that which is to be used III ornament
ing the building.
This year az per cent of the gross earnings of
the Peoria division of the l., B. q w. came
from the passenger traffic over this division.
But Few Western roads derive so large per cent.
Of their earnings from passenger business as
does the l., b. Il w. This probably is due to
the untiring fight the management of the pas
senger department make for business.
Commissioner Doherty, of the Indianapolis
east bound pool says he is satisfied that three
of the six eastern lines out of here are directly
or indirectly. cutting rates. This shows the
folly of ordering advance on east-bound rates
on the 20th If present rates cannot be main
tanned, what earthly use Is there of advancing
rates on the basis of 5 cents per 100 pounds,
Chicago to New York9
The Bee-line pays its trainmen the most money
for the miles of any Indianapolis line, but
an the O., L. st. l.. 81 G. the train men draw the
largest monthly pay; but they run more miles to
get it than the trainmen on the Decline have to
for the same amount of money. On the e., L.,
st. L. 81 c. the freight conductors often receive
1920 for the work done in month, and the
orskemen from $75 to $50 per month.
Stockholders of the c. L., St L. & G. to-mor-
row will receive their Il per cent. quarterly div
1dend. BY the by, the prosperity of this road
is in some measure. doubtless, due to the fact
that so large a number of the officers and en-
oloyes are holders of the stock, most of them
having bought it when it ranged from forty to
fifty cents on the dollar. Now il is worth 96
cents, and would go to par if the president and
directors were disposed to push it ahead
Negotiations are pending for the sale of the
Lawrence road, broad-gauge single track con-
1ecting link between the Fort Wayne and the
Ashtabula d Pittsburg roads The road is only
Abont twelve miles long, and has no rolling
stock, but for the reason that it forms part of
the highway for ores intended for the Pittsbure
market, is of great value as carrier. The
Ashtab1la d Pittsburg will probably succeed in
gaining possession of it by the payment of 5000
600 1t is expected that the sale will be con-
summarized in few days.
Major Emmett, formerly district passenger
agent of the Vandalia seems to be catching on
we'll "a his homo, where he is engaged in
Aealing in agricultural implements. The Nc
Pherson freeman or the 10th says: "For some
four weeks Colonel Robert Emmett of Cookn-
ham g. c.. has been instructing the Select
Knights of A. o. U. w. in military drill. On
Thursday night after the drill, the Select
Knights presented the Colonel with elegant
gcld-headed cane. The Colonel received the
same and responded in few well-chosen words
The Colonel is thorough military gentleman. +"
George Skinner. formerly superintendent Of
the Chesapeake & Ohio road is prominently men
toned for superintendent of the Indianapolis.
Peru 81 Chicago road. All talk of who will be
the officers of the road, however, is mere guess
work. A reporter of the Journal read a letter
written by one of tlse bondholders residing in
New York which stated that three of the bond
holders had been appointed to negotiate for the
sale of the road to any parties or syndicate who
would purchase the property only as an entirety
that is the three divisions lying between In
dianapolis and Michigan city. He adds, the road
will certainly be operated separately and indie
pendent of the Wabash, which is in no shape to
undertake more than it now has to carry.
A curious illustration is afforded by the
pamphlet statement, issued by the purchasing
committee, DANES f. Joy. charman,) of the
difference between IA railroad prospectus solicit
ing the advancement of capital and the hindsght
confessions and discoveries of committee of
investors to bid in at foreclosure. Running
from ST. Louis to Toledo in northeasteriy di
rection," says the latter ''all roads from Chica-
go to the seaboard, except the Michigan Central
cross it. There point on it's lines not sub
ject to competition as intense competition
can be- There are parallel roads on all sides
and roads crossing it at all points" This is the
plea for trying to save it as one line and the
claim was made that otherwise it could not be
saved 1T all.
The Bee line continues to make handsome ex-
nibits of earnings from all branches of its traf-
&c, and 1t is stated that the earnings of Novem-
Der, when published, will show a handsome in
crease over those of any preceding month of the
year. The fact is that the road has never be-
fore been operated strictly business and
honorable principles as in the year 1856 While
hns honr, Eoh afto In