The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-04-30

looked into his plan speak OF it as being per-
fectly practical The Brooklyn Eagle. of recent
the merits of the scheme and ehe vi0ws of prac-
teal mechanics of the undertaking Austin
Corbin and number of other large capitalists
and prosperous men think favcraoly OF the prof.
ect, and will give IL financial aid.
G. M. Bennett. the new superintendent of the
Indianapolis division of the c.. St. l.. & P. road.
expects to remove his headquarters from RIch-
mond to Indianapolis about June J. Harry
Miller, who is TO be superintendent of the new
division of the Pennsylvania lines between Red
Bank and Logansport, will make Richmond his
headquarters
There are now in service OH the Indianapolis
81 St Louis road. four Mcqueen engines which
were built in 1860, and during the war were
used by the governments for some time. They
were then looked upon as the heaviest and best
engines in the country. Two OF them are still
used on the i. & st. l. road hauling accommo-
dation trains.
President Roberts Of the Pittsburg, Fort
Wayne & Chicago road, ASKS the stockhol ders
to authorize the issue to the Iennsylvauia road
of bonds instead of stock for bstterments. under
Article I6 of the lease of the Fort Wayne road
to the Pennsylvania The stock calls for per
cent. dividends, while the bonds at per cent
can be sold at par
There is q feeling among passenger men that
the Atchison, Topeka & Santa Fe with its yes
tibule train out of Chicago daily for California
over its new line. is 10 be understanding ele-
ment Ticket agents who are allowed to take
commissions are sanguine that tho road
slice Of the through business.
The Pennsylvania lines weat of Pittsburg for
three IN onths of 1888. ending March 81, show
deficiency of 1888, 295, being loss. as compared
been a hard month with the Western lines,
on Feb % they only $63 900 behind their
liabilities. The passenger business of the West
ern lines. however, shows gain IN March, not
withstanding the interruption of travel on &C.
count of the blizzard
The passenger rate-war which began between
Indianapolis and Chicago few days ago is
spreading. It first reached Louisville and has
reached Cincinnati The Cincinnati. Ham
ilton % Dayton struck hands with the L. N, A.
a. c., and cut the rate between Cincinnati and
Chicago, and the c., l., St. IL. q /. is forced to
follow sui: The round-triD rate between Lou
isville and Chicago and between Cincinnati and
Chicago is placed at $12, or exactly 2 cents
mile.
A great deal of short-line railroad work has
been decided upon this side OF the Mississippi
river especially IN the Southern States. the
primary object of which is to bring the timber,
mineral and agricultural lands into the market
Southern railway managers are doing all in
their power to divert immigration thai way, and
should this object be measurably accomplished.
il will lead to much more railroad building be-
tween the Potomac and Rio Grande of short
lines and feeders.
One of the officials of the Chicago Burlington s.
Quincy road who was in the city last Saturday,
stated that their business Was going along very
smoothly. and that the effects of the strike had
practically disappeared When questioned as
to the meaning of the grand officers or the
Brotherhood declaring that the strike was still
on and damaging the road, he answered they
are obliged to keep Up this talk, that the
striking members of the Brotherhood can draw
money for their support from the Brother
hood's treasury. The minute the strike is de-
clared of, he said the strikers would be thrown
on their own resources. He admitted that it
was true that many OF the striking engineers
had found positions running stationary engines
and doing other work which required skilled
men, yet there were still several hundred idle
men who were partakers In the strike.
AS the delay in she Pennsylvania Company
taking control of the O., r. g. c. division of the
Cincinnati, Hamilton g. Dayton lines is exciting
some comment it is proper to state that the
terms of the transfer of the property to the
Pennsylvania Company have all been agreed
upon and are satisfactory to both parties. and
the completion of the transaction is only await
ing the c., Fl. & .. company furnishing in
Identifying bond that in the deals OF the
famous II. S. Ives, which implicated the whole
c., Fl. & d. system. should, in some manner,
affect this portion of the property, the Pennsyl-
vania should be protected. While there is little
danger that it will, the Pennsylvania people al
WAYS guard against any such emergencies. One
of the officials of the Pennsylvania Company
states that soon as they secure control of the
road IL is to be practically rebuilt A heavier
rail will take the place OF the present light rail;
iron bridges the place of the present wooden
stru ctures, which quite numerous; and
many other improvements will be made.