The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-04-05
Miscellaneous Items.


The Port Jervis, Monticello & New York
extension was opened for business yester-
day.
To cut down expenses all shops on the c.,
IL. IL u. system working nine
hours yesterday.
The new Wagner apartment cars will
90 on the New York Central and Lake Shore
roads next Sunday.
The New Jersey Southern road is to be
extended to Cape May, leaving the main
line at Winslow Junction.
The Erie people are reported not to be
taking kindly to the Ontario & Western
reaching into their coal territory for busi-
ness.
The proposed Investigation of the Union
Pacific and the Central Pacific roads by a
special committee of the Senate has been
postponed until October.
The Baltimore & Ohio has been officially
notified by the Chicago passenger commit
tee that it will be allowed differentials on
it's Chicago-New York travel.
The capital stock of the Southern Pacific
railroad has been increased to $3.50, 600. 900 to
enable the company to purchase several
lesser lines in northern California.
No less than a half-dozen railroad enter
prises are already booked for Oklahoma,
and it is expected that towns will spring
up as if by magic on the proposed ines.
The Chicago merchants are of the opinion
that the roads to the Northwest will re-
duce rates to lows points. At present Iowa
jobbers have a monopoly of the States
trade.
The leased lines of the Chicago. Burling-
ton & Quincy are doing much toward
swelling the revenue of the road. In
March they show an increase of S67, 900 over
the earnings of the corresponding month in
1893.
The Northwestern lines find, on ~investi-
CATION, that it is their branch lines which
absorb the SURPRISES and render the paying
of dividends difficult, yet the shippers on
these branch lines are the most clamorous
anti-railrOad men.
The friends of the Atchison, Topeka &
Santa Fe road say the talk of a receivership
for this road is all bosh. Last week over
100000 shares. one-half of the entire capital,
changed hands, yet in these large transac-
tions only 40, 600 shares were represented.
The lease of the Mississippi & Tennessee
road to the Chicago, st. Louis Il New Or
leans, which is really the Illinois Central,
overs 400 years. The attempt of the minor
ity to enjoin the leasing of the road was
unsuccessful. The road is 100 miles long,
and extends from Memphis to Grenada,
Tenn.
The report of the Railroad Commission of
Rhode Island shows that there are fifteen
railroads in the State, witt 257 miles of
mainline tracks. These roads last year
carried 81 500. $50 passengers one mile, and
the total freight tonnage of the roads was
7.1S9, 267 tons. The net earnings of the roads
for the year were s, l51 ,642.53.
In one thing Jay Gould and Judge Cooley
agree-that the interstate law makes no
allowances for the necessities of railroad
corporations, and suffers no company to
vary from its pr0cruStean rules on the plea
! that obedience would involve bankruptcy.
| Judge Cooley reasons that the law doesn't
care. The commission doesn't care, and GER
| tainly Jay Gould does not care, as the adj
versity of the weak roads is Jay Gould's
opportunity.
The proceedings of the recent general con-
ference between the interstate commission
ers and the State commissions has been
published in pamphlet form. This COM
plete publication of what was done enables
people to judge of the Importance of the
meeting and its results. A perusal of the
| proceedings shows that the benefit of the
conference was TO be found more in the
better feeling promoted between the federal
and State commissions than in the value of
it's discussions or the nature of its con-
illusions. The only two matters which re-
ceived anything like full treatment were
railway statistics and classification.