The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-01-12
Local and state Notes.

/
| representing that interest,"
Local and state Notes.
James McCrea and other officials of the Penn
| sylvanla lines are expected in the city to-day
The l.. B. & W. road earned in the year 1887.
/ s2616 222; increase over the earnings OF 1880,
/ $73,4I3.
j. 4. Lape formerly master mechanic of the
/ Bee-hne. now on the Missouri Paclnc, Is In the
i city visiting friends
1 General Freight Agent Stein. of the Indiana
/ Midland road, has rendered his resignation, to
! take effect on the 18th of this month
Ia the year 1887 the Pennsylvania Company
/ forwarded from the Indianapolis stoeky ards
| 5.134 carloads of live stock. During the six
| weeks that rates were badly cut TINS road with
/ drew from this class OF traffic
| President Corbin. of the Philadelphia e. Read
ing. is said to be- gathering around him excellent
men TO manage the property, and it is limited
| that he may draw on the l., B. IL w. for one or
| two men to fill prominent positions.
| The rate cutting and competition between the
| railroads in the West is becoming serious
that Eastern financial papers are beginning to
| talk about reduced dividends. But with all this
earnings continue to foot mp handsomely.
| The parties who developing the coal mines
| on what is known as the Green county branch Of
the Indianapolis & Vincennes road. including
| Digger mires territory, tell the management of
| the l. e. V. that within four months they will be
shipping from this territory 200 carloads of coal
| day.
| The vandalia was operated on So per cent. of
| its gross earnings last year, figure which Gen
eral Superintendent Hill has been endeavoring
20 reduce operating expenses to for some years.
| Until last year the physical condition of the
| property required too large outlay to admit of
| his reaching such favorable results.
The shortage of Pittsburg coal the last few
weeks has given the coal operators of Indiana
| an excellent chance to introduce the Goals of
| this State to markets which have heretofore de-
| pended on Pttsburg for their supply. and it is
| believed that the Indiana Goals have given such
satisfaction that many who have tested them
| will continue to use them.
The report sent out from Cincinnati, yester-
day, to the effect that nj. E. Ingalls,, president of
| the c.. l., ST. l.. & G. road, was in precarious
| condition, resulting from the injuries he
ceived in the recent accident the road, is
stated, officially, to be untrue. He was much
better yesterday. and his physician says he will
be able to go to his Office by Monday next, while
Mr.. ingalls, says he will be there to morrow
Saturday.
ut is a pleasure to note says old live
stock shipper, ''the decided advance in late years
of humanitarian views in the treatment of live
stock. The increased length of and height,
and the general conformity to the law regarding
resting and feeding cattle have greatly lessened
the suffering which the live stock had to under
go. AS consequence. the live stock reach
distant markets in so per cent better shape than
half dozen years ago."
Indianapolis has forty three street-crossings
of railroads. including those of the Belt road,
which are protected by gates f1aemen and,
to the credit of the men filing these positions at
$40 month, not person killed any
crossing last year. while on railroad osslngs in
Philadelphia. which protected in some
manner, forty-one persons were killed in 1887
and the City Council of that CITY has been asked
to take some steps to stay this slaughter. which
Is about the usual average annually.
Export rates yesterday reduced again to
the figures of some six weeks ago. The rate on
flour, oat and corn meal in sacks from Indian
aPolis to London is 81 cents per 100 pounds,
with the usual proportionats rates to other for
eign ports. On bacon in boxes, pork and beef
in barrels. AL cents per 100 pounds; corn and
wheat in bulk, 81 cents per 100 pounds to Liver
pool, 81 to London and 36 to Glasgow. 1t is be-
leved that the reduction will increase export
traffic largely within the next few days, as ship
pers have been holding back expecting a break
after the holidays.
peting lines of the l. B. 81 w. behind the
movement which delays the carrying out of the
consolidation of the c., S. & G. and the T.. B.
q W. roads. AS the matter now stands the T.,
b e. w. holds enough of the O., s. & C. stock
to prevent it's being leased any other than the
L., B. 81 W.; yet could competitor secure a ma
jority of the stock. it could prevent the CONSOLE
dation. The more probable OF the delay
Is, however, that the old c.. S. & c. stockhoI-
ders hope to secure more favorable terms.
The Terre Haute g. Indianapolis company has
operated the st. Louis. Vandalia e. Terra Haute
road eighteen years, and 1887 was the first year
that the road has not been heavy expense
the T. ID. d l. The management have reason
to feel proud of the annual statement of 1887,
which shows a surplus above operating expenses,
taxes. and the paying of 80 per cent of the gross
earnings over to the lessee, of $163, 1896 st is
not surprising therefore," says an observing
railroad Official ''thas the Pennsylvania Com
pAny should want TO break the lease, which has
eighty-one years to run, now that the road is in
excellent condition physically, and begins to
yield some profit to the company"
The unsettled condition of freight rates on
many of the Western and Southwestern roads,
and to greater or less extent on the trans
Mississippi roads has entered into the COM
mercial situation as disturbing factor. Ship.
pers over those lines cannot tell what it will
cost the next day to get goods to destination.
and this Is a serious matter where the goods sold
are sold on small margins Nothing is more
huruul to the business interests than huctu-
atlng freight rates A reduction of SO per car
on live stock from Kansas City to Chicago such
as was made Monday. demoralizes stock rates
in all directions and such points IS Indianapolis
Cincinnati and Louisville must suffer in their
business unless the roads bringing stock to
those markets meet the reduction made to Chi
cago.
The action of the Trunk Line Association in
allowing differental freight rates to all the
trunk lines except the New York Central and
the Pennsylvania is exciting a good deal of
comment in business and in railroad circles, and
It aptly illustrates the necessity OF associa-
ton of this kind to maintain rates These two
roads can do business quicker and cheaper than
any of their five competitors, and more satisfac-
tory Shippers prefer them frst-class
passenger routes. and select them for through
travel. Under the old pool the class roads
diverted travel and paid for any surplus above
their pool per cent they carried. and the associ-
alton is now trying TO attain the same results
by allowing freight different iais wesr-bound
freights. In time it is believed a similar
raneemenr will be made regarding east-bound
freights.
Under the rules which adopted by the
superin tendents at the national convention,
Rule 131 allows but three minutes at meeting
point for variation of watches, instead of five
minutes, as heretofore. Train men and train
dispatchers not in favor of this reduction of
time, thinking that five minutes is none too long
time to allow for variation of watches. They
argue that ten years ago ten minutes was al
lowed. and twenty years ago fifteen minutes,
for the variation of watches. and to cut il down
TO three minutes ia too close work. In COM
mentlng on this matter. last night, superin-
tenoent said that the next time there was q
vision OF the rules governing the movement OF
trains not second would be allowed for varia-
ton or watches. Every man would be expected
TO have perfect watch and to have 1t the
second when he took his train. In fact, such a