The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-06-05
Personal. Local and State Notes.


! G.. s. Baxter has succeeded r. L. Belknap az
treasurer OF the Northern Pacific
: II. c. Dishl. manager Of the Interstate Dis
Spatch. announces that the line will be ready to
teommencs doing business on July l.
The Illinois Central has reduced its livestock
gates In Iowa to all packing houses 10 per cent,
abe reduction to take effect June Is.
Attic present time labor is getting the bulk Of
profits from railroad operations. and capital is
sTeceiving proportionately less by the reducing
of dividends and refundiug bonds on q lower in
Ftsrest
! Cincinnati. Hamilton & Dayton stock which,
1ast week, jumped up to ~ yesterday was quoted
ut par. The sale of 100 shares last week at 70
cents was the first which had been made in many
1Ponths
The Illinois Central people have become
owners of all the consolidated bonds of the Mis-
sssippi 81 Tennessee roads, making them
owners of the property and will soon place the
new bonds on the market
The Ohio. Indiana & Western has consented
30 pay its proportion OF the expense for putting
in additional inspectors of weights at IndianAp-
oils, and the number will be increased, 90 az to
ensure the work being done as it ought to be-
There were received and forwarded at In
dianapolis during the month Of May total of
IS, $50 cars, of which 6S, Ia were loaded In the
corresponding month OF 1887 a total Of 49, 4S5
ears were handled at this point Of which num-
Der &C. 3l2 were loaded
The Philsdelphia, Wilmington g. Baltimore
has declared a ssmi-annual dividend of per
cent, . reduction fror 10 per cent. This road,
which il now operated oy the Pennsylvania peo-
pie. has for many years been paying per cent
dividends and the stockholders are not pleased
with the reduction.
OnsSunday night the Indianapolis & St Louis
people had an opportunity to test one Of their
heavy new passenger engines Ii hauled four
teen heavily loaded passenger coaches from Mat
toon 20 St Louis, running some o. the way at o
speed of atty miles an hour. demonstrating that
il would perform all that the makers, the
Schnsctady locomotive works. claimed for it.
The Tammany Hall delegation which came
west over the New York Central and the Bee
line, passed appropriate resolutions of thanks
for the liberality OF the roads named and the
completeness OF their arrangements for tho COM
fort and safety of the delegation while en- route
10 St Louis. Particular mention Is made Of
the considerable care and attention of the New
York representative of the roads, Thomas s
Timpsou.
Chairman Campbell, of the Indiana, Bloom
inRton q Western purchasing committed has
Just returned TO New York. and he tells the
financial papers OF that city that there 10 no
authority for stating that the Ohio. Indiana d
western securities TO be issued at an early
date The impression prevails In financial and
AID ell interested in the future Of this property
are at sea rs to what steps to take TO straighten
out affairs
Train No. 20, which is to be known as the
'Pennsylyanis special will leave St Louis at
30 A NJ. and make the run to Indianapo IN
six hour and thirty-fve minutes From Terre
Haute TO Indianapolis the run 10 10 be made IN
one hour and forsy-eigh minutes, making but
cne stop-st Greencastle From St Louis to
Indianapolis the train will consist OF two vesti-
bule coaches, q dining car and baggage car. At
Indianapolis two more vestibule cars will be
sdded-ons TO run through 10 New York. the
other to be dropped AZ Pittsburg.
There was o miraculous escape from What
might have been q serious accident on the Gin
cinnar, Sandusky Il Cleveland road Saturday
night When running at speed Of forty miles
a hour one Of the drivers to passenger engine
Ma lis bfoks from the axle and went late .