The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-07-27

consolidation.
The new company has q capital stock of
So, 100000. and its main line extends from
Toledo to Kansas City, with branch lines,
bringing its total mileage up to 800 miles.
As soon as the consolidation is completed,
first-mortgage bonds to the amount of S34,-
1000 will be issued, besides S14.0O0, 900 of
second-mortgage bonds, and $50. 100000 of
debenture bonds.
Personal and General Notes.
Division Superintendent Bender, of the
Big Four, who went East some days ago
with his family, is expected home to-day OF
tomorrow.
Superintendent of Telegraph Higgins, of
the Big Four, whose Office is in Cleveland,
o., was in the city, yesterday, on business
connected with his department
An increased force of track-layers has
been put to work on the Louisville South
ern road, between Frankfort and Versailles
and it is thought the will be completed
within ten days.
The Big Four uptown ticket-office will
remain at the corner OF Nerd an ana wash
Difference to the wishes of Division Passen-
ger Agent Martin.
The famous Chickasaw Guards. of Men,
phis, will start on the LIST prox. 1.-TWO hun
dred strong) for their encampmeDt at
Oconomowoc. Wis They will cross In
diana by the MonOn route.
The gross earnings of the Cincinnati,
Washington 81 Baltimore road for the third
week in July show a loss, as compared with
the corresponding week last year OF 81 .235.
For the the first three weeks of the month
a decrease of 81, 40 is shown, and for the
year, to date, decrease of 81. 999.
A GOODNESS exists between the Louisville,
New Albany e. Chicago and the Louisville
d Nashville, and the former road has with
drawn its tickets from the Offices of the
latter. The L., N. A. Il G. will place its own
issue throughout the South. There is rea-
son to fear this course will ultimately re-
inn ffrlnf hefxU fHa frxn linz
The Pennsylvania lines announce re-
duction of trst-class rates-both ways-as
follows: Cincinnati, Louisville and New
Albany, to Chicago S.; Indianapolis to
Chicago. $50 This h; is cut Of e !! between tO
tween the greater distances: The new rates
will be III effect July q, and until further
notice.
wreck occurred at Frankfort, Thurs
day morning. by "Clover-leaf' freight
by which the engine and five cars were
broken up. Engineer Green. on realizing
the danger. threw mis- son-fourteen years
jumped himself. The damage to property
was about $780,
In answer to the questions of q reporter
b. w. Vedder, chairman of the Southwest
ern grievance committee of the B. of l.. E,
said the Burlington is represented at the
Kansas City meeting of that order las it
was before the strike; not as it is now" He
declined to answer question as to whether
all the Burlington engineers were not now
members of the order.
The Railroad Commissioners of Missouri
and the railroads have at last agreed upon
schedule or rates for general freights In
that State. 1t makes a reduction of about
10 per cent. on all local grain rates. From
Kansas City east livestock rates will be
reduced an average of Is per cent. The re-
duction In coal rates, which is of only local
Importance, embraces q haul of fifty five
49, 81 Il I.l.<~
OF Is per cent.
The Brotherhood of Railway Brakemen,
in session at Ottawa, Ont, were ban
quoted last evening by the local brake
men: In the order are 3l6 lodges.
called the Brotherhood of Brakemen, any
person in the railway business can Join the
society if he has served one year as a brake
man. There are more than 5000 conduct
ors In the society, the majority of whom
joined while they were working as brake
men.
1t is reported from Denver that the Den
yer, Texas d Fort Worth has made q reduc-
ton of eighteen cents on frst-class freight
coast points via Galveston and the Gulf,
and that further reduction of four cents
will soon follow. Arrangements are also
making, 1T is said; to extend the operations
western points. The Western trunk lines
are said to be anxiOusly specializing as to
the effect this cut will have upon Western
traffic, especially upon the lake and canal
rates.
The executive committee of the Trans
continental Railway Association, in session
at ChicagO, to consider the question of diff
ferentials on California business and to ar
bitrate between the Canadian Pacific and
the Southern Pacific, is not making much
progress. 1t was intimated yesterday aft
ernOon that the Canadian Pacific would
submit proposition to accept, as q COM
80 -
that previously demanded. and members of
the committee are OF opinion that such q
proposition would be acceptable to the
Southern Pacific.
By decree of the Superior Court of Gin
snd az tine sgs of the
Receivers Smith and Yergason will. on the
18th prox., at Cincinnati. sell the main line
and branches of the Cincinnati, Washing
ton a. Baltimore Railroad Company with
all its franchises and appurtenances, in
ciuuing us rolling stock. equipments, leases,
real estate. etc. There is no appraisement
on the property, but bidders are required
OF nrst mortgage bonds of the road as q
guarantee that the bid will be made good
II accepted, and the right to resell within
twenty Gays Is reserved. in case the sue
cessful bidder fails within that time to
perfect his purchase.
The Terminal Railroad Association. of ST
Louis. formed last Wednesday, will pur-
chase the properties of the Union Railway
and Transit Company, the Terminal Rail-
road Company and the Union Depot Com
pany, and will lease the bridge and tunnel.
liz will issue S70O0.000 of four-per-cent
bonds. of the proceeds of which it will reserve
81 OO0. 600 for the erection of a new union
depot The roads Immediately concerned
are the Missouri Pacific. the Iron Mountain.
the yandalia. the Indianapolis q ST. Louis
the Ohio * Mississippi. the Wabash, and
the Louisville & Nashville, each holding a
one-seyenth interest. One effect of the new
arrangement will be to abolish the bridge
arbitrary. and make st. Louis the terminus
OF the Eastern roads instead of East ST.
Louis.
Solicitor Peck. of the Atchison. Topeka
Santa Fe, lawyer of reputation, in
iorses the ruling of the Interstate-com-
merce Commission IN regard to the use or
attemptedu use OF passes granted by railroad
companies 10 others than their employees.
ms ruling Is TO the effect that If the hold
er OF pass of that character. having ridden
10 the State line on il, attempts to continue
ms Journey beyond il on the same train. it
VIII become the duty of the conductor to
collect fare from him. not only for the re-
malnder OF his journey. but also from the
point from which be started. This may be
good law, but it falls far short Of being
equity or common sense. Under this rul-