The Indianapolis journal., 1889-02-01
Personal. Local and state Notes.

The Chicago & Indiana Coal road has de-
clared a quarterly dividend of l 1-2 per
cent, payable March 1.
The stockholders of the Belt road and
stockyards will hold their annual meeting
in this city on Tuesday next.
The trunk-line passenger agents have
agreed on a rate of cent a mile to military
organizations of New York State to the
Washington inaugural
The net earnings of the Erie road, under
all its adverse circumstances. show an in;
crease in 1888 over 1887 of S2S.2S6, the total
for the year being 81. 1.e97,974.
There has been handsome increase in
freight traffic with the better weather for
moving grain. The transfers over the Belt
road are now reaching 1000 or more cars
day.
Indications are that the Pullman COM
pany is TO do most of its car-building and
repairing at Pullman. At It's shops in De-
troit but one-fourth of the regular force is
at work.
The Chicago s. Atlantic second mortgage
bondholdeTs have decided to appeal from
the proposed reorganization scheme. This
means that the litigation is to be continued
two or three years longer.
The Mail and Express says that there is
considerable surprise manifested Mt the
resignation Of Treasurer Hahn, of the Gin
cinnati. Hamilton & Dayton Railroad CON-
pany. coming it does while Ives and
Staynor are trying to secure bail.
The absorption of the Woodruff Sleeping
car Company by the Pullman company is
unfortunate for the Indianapolis, Decatur
fSese sbon fnSps as 1of
ing of the Woodruff cars running over
Western lines.
An official of one of the indianapolis
lines, who was on the Baltimore s. Ohio for
many years, received letter yesterday
from one of the officials of that road, in
which it was stated that the New York ex-
tension would undoubtedly be built as
soon as possible.
The damages paid out in the year 1888 on
the Pennsylvania lines west of Pittsburg
amounted To S1o3, $50. This covers damages
paid TO injured passengers, to employees on
the road or In the shops, persons killed
while walking On the tracks, and for acci-
dents at highway crossings, etc.
1t is reported that the express business of
the philadelphia & Reading road, now con-
trolled by the Adams company, will short
~ pass into the hands of the United States
Express Company, and that In turn the
latter company Will vacate certain South
en territory which it now occupies.
The present management of the Balti-
more O. Ohio road is making strenuous ef-
forts TO secure the services of ex-Vlce-pres-
ldent Thomas NJ. King. who retired from
the b. 81 .. service when Mr.. Spencer was
elected president. The inducements held
out 10 Mr.. King are said TO have been very
tattering.
Those who fully understand the situa-
ton with the Pennsylvania Railroad COM
pany pronounce the rumors of change in
the presidency, which was first started by
the Penny Press, of Pittsburg, as being all
bosh. :. VI. Provost, who Is slated by the
fress as the new general manager under
the deal, says: There Is nothing In 1t at
all"
Last month the Indianapolis car-works
built 459 cars, which was the largest amount
mo Iy,aQ hu
works were started, as they were all large
cars for the c., b. * Q. road. OF the 900
cars ears which the C., b. & z. contracted for
works have un 1ntil n Mapch h1pPsob II to baid & the
other 400
Most of the Indiana roads are making
favorable exhibits of earnings for January.
In the hrst three weeks of the month the
ONO X Mississippi earned S244, SIT, against
NSS9 IN the corresponding period of 1855
and 81. .372 in 1851. The Chicago 81 East
ern Illinois earned Sill ESQ. against SLOTS
IN the corresponding three weeks of 1888
and SlOe, Isl in 1sSZ.
Owing 10 a default of more than sixty
GAYS IN the payment of the amount due the
ONO d Mississippi by the st. Louis Il Chi
cago road for rental of tracks III Spring
neld- Ill, the former has notified the latter
that IL mas terminated its contract. and vii
take possession of the tracks for their ex-
SiuSlye use. This action will prevent the
81. Louis ~ Chicago, now In the hands Of
areeelver. from entering Springfield.
,Reeelyer Marshall, of the Dayton, Fort
wayne N Chicago road, has filed his re
Port, showing that the road has earned q
gOod net income In the past six months
ne court has granted him leave TO issue
siS'op IN receivers certificates for repairs
10 bridges. The receivers certificates
winch have been issued now amount Il
sS@OOO, and of the sum realized from thi,
sale $1,000 have been paid on liens and
debts
"A bill has been prepared relating to the
scalpIng of tickets, which will be presented
10 the legislative bodies of this State. i
lS similar To the law IN force against ticket
scapIng IN the State of Pennsy lvania. Th'
general passenger agents of several of tn
roads IN this State are said to be behind tn
proposed legislation. The executive com
inittee OF the American Ticket-brokers
association held meeting at Louisville
NY, yesterday. which was attended b,
george Frey. of this city. for the purpos
o. taking steps to tight such legislation.
Railroad employees are taking an interes
IN the legislation of this and adjoinin
etates where II Is proposed 10 reduce tn
Rates en- travel and freights. Especial,
are the brotherhoOds taking hold of th
matter IN earnest. They say that the re
AUCTION OF passenger rates TO cents pc
Liile, and of freight rates. as well. mean
further reductions IN the wages of the EN-
ployes- Tie Brotherhoods of Locomotiy
Engineers and Flremen are taking stron
grounds IN the matter. and they are ais
making move which will lead 10 the leg