The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-08-05
The Atchison's Earnings.


BosToN, Aug. 4.-The gross earnings OF
the Atchison, Topeka 81 Santa re Railroad
Company for June were S2.O94,ly9, an IN
crease over June. 1888, of 50, S9S. The net
earnings were s9Os, liz. a decrease of S.7,sz5;
The net earnings for six months of 1889
were g. 476 974, an increase over the same
period of 1885 OF S5O2,os4
Personal and General Notes.
The old stockyards at Covington, KY,
have passed into the hands of the Chesa-
peake d ONO.
A Hopkinsville, KY, dispatch announces
the resignation of James Montgomery, gen.
eral superintendent of the Ohio Valley rail-
road
''zig-zag" tunnel on the New York, Ontario
& Western, near Franklin, have 300 men
at work. and expect to complete the job in
a year and a half.
The Grand Trunk people at Chicago are
satisfied to stand alone in maintaining the
rate on corn at % cents, claiming that they
have all the business they can handle with
their equipment.
The Boston Transcript says the report
that negotiations are pending for the pur-
chase of the Kansas Pacific branch of the
Union Pacific lines by the Chicago o. Alton
is officially denied In that city.
VIM. NJ. Grafton has been appointed
signal engineer of the Pennsylvania lines
west of PittsbuTg, with office at Pittsburg.
This is a new office, rendered necessary by
the immensely of the Pennsylvania lines
and the increasing business.
When the managers of the Southwestern
roads lay before the Interstate-commerce
Commission their complaint against the
Alton for violation of the law in the matter
of live stock rates from Kansas City we
shall learn all about it. Until then the
Alton will move on in the even tenor of its
way.
c. c. Curtis, passenger agent of the Van
dalia, at Fort Worth. together with Messrs.
Dering. Rech, Campbell and Wilt, of this
city. left for Mackinac island. yesterday,
to attend the meeting of passenger agents
of the Pennsylvani lines called by Mr..
Ford for Tuesday next. The agents will
mix a large amount of pleasure with
moderate share of business and expect to
have a good time.
As regards the rumored negotiations for
the purchase by the Chicago & Alton of
the Kansas Pacific branch of the Union
Pacific, it seems sufficient to say that the
Kansas Pacific branch is an integral part of
the Union Pacific. is covered by the general
mortgages on that property, and, though un-
profitable to the main lines, and operated
at loss, the company is powerless to dis.
pose of it, even though it were DESTROYS of
doing so.
The Alton is not the only road to suffer
by the ultlmatum of the A., Il. & 5. F., to
make through rates on live stock from
transmissouri points only over its own line.
Both the Burlington and the Wabash have
been getting liberal share of the business
delivered at Kansas City by the Atchison,
but as they are both members of the Presi-
dents Association they will probably enter
no complaint while the associated lines are
making common cause against the Alton.
The earnings of the Lake Erie & West
ern railroad for the month of July were sos.
394.47. against S175, 5S1. % in July, 1885. q
gain of So, Sl3.22 The earnings for the
for the preceding year, gain of Ss59,
770.62. When 1T Is remembered that this
large gain was made upon precisely the
same mileage, it not only shows the splen-
did earning capacity of the line, but bears
tlattering testimony to the efficiency and
faithfulness of the management which has
had control of its operations.
To-day j. II. McCord technically assumes
control of the passenger business of the c.,
III. q ID. at this point, though he is not ex :
day. To-day, also, w. III. Fishep, Mr..
McCords predecessor. assumes his new
duties as general passenger agent of the Fl.
Wayne. Cincinnati 81 Louisville line.
to demonstrate his capabilities. and his
friends are sanguine IN the belief that he
will prove equal to the demands of his he w
position and largely increase the traffic OF
the road.
The Cincinnati Commercial Gazette sug-
gests that IF" the c., III. e. ID. and the Mo-
non should choose to assume the offensive
far enough to extend the fve-dOllar rate
through Hamilton to Chicago. from Lima,
the PittsbuTg, FIT. Wayne & Chi.
cago, at Lima; the Panhandle, at
Piqua; the l., b. x W.. at Troy, and the
Bee-line at Dayton. Then the demoraliza-
ton would extend to Columbus, and event
ually affect all east-and-west traffic. 1t ad.
mits, however. what every one knows to be
the case. that the tendency is toward con-
servatism, and that there is little, if any,
danger of general rate war;
1t now seems certain that the Chicago e.
Alton will withdraw from the Western
Railway Association. The Atchson,
Topeka g. Santa Fe, as has been already
announced. will soon put into operation its
new, tariff, making through rates on live
stock that Will apply to its own line ex-
clusively from transmissouri points As
soon as this new tariff takes effect the
Alton will withdraw, not only from the
Western Freight and Western States Pas
senger associations. but from the Western
Railway Weighing Association as we'll
President Strong, of the AtchisOn, says
positively that its new tariff will be put
into effect at the expiration of the time
necessary for legal notice.
Robert o. Israel, who does business in
New York and Brooklyn as the Pioneer
Chicago Dressed Beef Company, has
brought suit against Armour q Co. claim
ing $1,000 as rebate from that house. He
hlcbto III HIS COu1pidlut tudt tHc AfDlOuTs
have steadily charged against him
the freight on every carload oil
meat shipped to him. but have never cred
tied him with any portion of the rebate
which. he alleges, is granted them by al
the railroads of the country. He claims
that the rebates on meats shipped to him
aggregate $1,000 Justice Cullen granted
an order for the appointment of commits
sion to go to Chicago and take evidence in
the matter, and one of the counsel for Mr.
Israel said he would elicit more facts in
regard to payment of rebates than the Inter
state-commerce Commission ever dreamed
of.
The Hot Springs road, popularity known as
1.-The Diamond joe road has an arrange.
ment with the st. Louis Iron Mountain x
Southern road, by winch through tickets are
sold over the atter-dscriminating against
the Memphis u Little Rock The Memphis
d Little Rock held this 10 be an unlawful
discrimination under the provisions of the
interstate-commerce law. lie accordingly
brought suit 10 compel The Diamond joe
to recognize through tickets reading over
the Memphis * Little Rock road between
Memphis and Hot Springs On Satu rlay
Judge Caldwell, of the United States Court
handed down his opinion in the case. He
holds that there is no power in
the laws of the United States. either
IL -, a.