The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-03-21
AFFAIRS OF THE RAILWAYS.
p. c. q s.. L. stoclsholders.

ArEAI UF Il HI NAIL w n
p C. IL ST. H. stockholders
CoLUMBUs. o., March 20.--The annual meet
ing of the stockholders of she Pittsbure CiHcin-
natl & St. Louis Railroad Company was held in
this city to-day. The annual report for 1887
was submitted and read by the secretary. show
ing the main lines gross earnings to be $685.
$50 80, being over 81 600. 600 greater than 1886,
and at the rate of s2a. 200 per mile of road
operated. The expenses were $4Ol''-
21S %. an increase Of 1886 528 "a, OF
which increase 1925. 600 about represents
the amount expended during the year
IN important betterments to the property, sucn
rs second track, charged to expenses. out "nlcn
will largely increase its future earning capacity
The net earnings were 81. 791, 1873 %; TO winch
add interest on Investments. etc, 20. ~ 3d. max
ing the total net for 1887, LIST, S50.9O
an increase of Sl70, 056 g. Dednetng the
amount paid for interest on bonds. etc. S973-
sol 81 leaves a net profit on the main line for
the year of 1923. 0753s an increase
Of The ses Rss a ON leased psd
lines was 1920. I27 g5 leaving surplus all
lines for 1887 of 1902 947. 43. an increase of
e26S, 954 So The aggregate tonnage on all lines
has increased over one million tons The num-
Der of passengers have increased over 300, 600
The directors elected were: g. B. Roberts.
Henry Ell Houston, Wistar Morris j. N Du-
Barry. John Price wetheril John p Green
and william r. Barnes. of Philadelphia; j. N
McCulloueh William Thaw. Thomas D. Mess
les and Jnmes McCrea, of PIttsburg; Robert
Eherrard jr, and George w. McCook, of Steu-
benvilIe. The board will organize at q later day
Personal, Local and State Notes.
Thirty locomotive engineers from che New
England States passed through hero yesterday
en- route West
Cornelius Vanderbilt, of the New York Gen.
trial lines with his family, sail for Europe next
week, TO be absent all summer.
9.
yielding larger revenue than IT'S freight traffic
much TO the surprise of the management.
The Lake Shore road on Monday last. placed
on sale 5,0d0-D1ile tickets One of the conditions
requires the purchaser Of this ticket to paste his
photograph on the book.
East-bound traffic on Chicago roads is down
90 minim um, well INDIANAPOLIS lines.
The ten Chicago lines last week forwarded but
b5.022 tons, or II, 065 tons less than in 1887.
Western freight agents have been notified by
the Erie people that they are well cleared of the
delayed freights on account of the snow block
ade Of last week. and again moving all freights
promptly.
The LIN. A. e. G. shows decrease in earn
iuRs Of 81, 141 the second week of March. as COM
pared with 1887. The E. & t. H. shows an in
Grease of 1914; the Chicago & Eastern Illinois
Increase of S., 900.
The Cleveland Leader SAYS that David Nc
Cargo superintendent of the Allegheny Valley
road. will be appointed manager of the Pitts
burg Fort Wayne IL Chicago road, in place of
w. "A. BALDWIN. resigned.
Curtis Mccoy, inventor and patentee of the
railroad sand-sweeper. which is being tested
with good results several Indiana roads, is in
che city comforting with the Lake Erie q West
ern people regarding It's adoption on their lines.
The Central Traffic Association report shows
that in FEBRUARY the Bee line carried 67.3 per
cent of the live stock traffic east from Indian
apois. the c., St L. u p. % per cent, the G.,
l., St. l.. & c. 81, the c., Fl. g. /. L 8 per cent,
she o.. & w. per cent.
Work is dragging again on the Union
depot For a week past practically nothing has
been done on the sheds. Assistant Chief En-
gineer Doran is not satisfied with the work
the shed, and has ordered a portion of it taken
down, which viii further delay matters some
what.
General Passenger Agent Martin, of the Bee
lie. has some well-substantiated charges of
cutting passenger rates by the Wabash. Gener-
Rl Passenger Agent Snow. of that road, pro-
Resses ignorance of any such transaction. To
one party the rate was cut $3 head on fifteen
persons.
II is believed that M E. ingalls, has something
to do with the building of the projected Louis
vile, Cincinnati & Dayton road. His track
reaches Aurora. and iG will simply be extended
TO Madison, the original projectors of the L.. c.
g. d. bav1ng nothing to do with the proposed ex-
tension.
The popularity Of mileage tickets on Indiana
roads Is shown by their extensive use on the L.,
N. A. & G. road. On one train. this week. were
thirty through passengers and thirty-two
Of them travelled on mileage tickets. It is said
g. 10 carried this class of tickets
The Wabash road is building several engines
at the shops in Spripg eld, ILL.,. in construe-
sion of which several devices of Master Mechan-
ic Barnes will be introduced. But few master
mechanics have invented more useful improve
ments to the locomotive than Mr. Barnes. His
spark arresting stack is one of the most salts
factory now in
Ex-President Rice. of the projected Chicago,
Lodi & Southeastern road, was in the city yes
terday He seems sanRuine that the road will
be built from Covington to Brazil, and probably
o branch to Terre Haute Maj. j. j. Shafer
who on Monday elected president of the
company, is going over the proposed line talking
subsidies and is receiving much encouragement.
1t is understood that a large per cent of the
employees recently discharged in the shops of the
PittsourR, Ft Wayne d Chicago road in Fl
Wayne will be put at work again the first of
next month"; unless the strikes should assume a
more serious phase The company. when bust
ness Is good, is short of power, and had planned
60 build a large number of engines at the Fit
Wayne shops
The officers of the Jacksonville, Madison g
Indianapolis road have been very much amused
over the kilograms sent over the country the
last few days stating that strike immi-
nent on that road the engineers declining TO
haul e., - o. y cars. The fact is that in the
last ten days there has been but one O., b. 81 @.
car on their line. and that is an empty one
standing on a side-track.
The local freight agents association has ap-
pointed Col Grav, of the Pennsylveuia lines. to
meet the governors of the Board of Trade ard
AJAX them TO approve of the trunk lines request
for the passage of a law providing for the pun
tshment OF shippers who misPepresent the char
Acter under pill the weight of their Shipments
The measure has already received the lndorse-
ment of many boards of trade.
So far as the excursion from Indianapolis to
Kansas aod Texas, yesterday, was concerned it
was q water-haul for all but the Lake Erie e.
Western road. From here the l.. E. g W. Sc
cured seventeen passengers, and from points on
their line enough to make ND two carloads,
which ehev turned over to the Chicago & Alton
1T Bloomington. The Ohio, Indiana g. Western
gathered up on their line a couple of chair car
loads.
It is understood that L. .. Richardson will be
the superintendent of the Inspection and Weigh
Ing Association to be established by the Cen
trial Traffic Association. His headquarters is to
be IN Buffalo, II. Y. salary 81, 900 year j. B.
Eckman. secretary OF the Indian apoiis Weighing
Association. declined 10 accent SO resnon 81 bic q