The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-03-08

whole. On the Pennsylvania lines il is "a
per cent, while on the Big Four il reaches
10. 5. On the Big -Four is included fares
collected by both conductors and ticket
collectors, there being ticket collectors on
four divisions.
The cost of arbitration of appeals from
the decision of the chairman OF the west
ern Traffic Association has reached such
a sum. running up into thousands or dol
lars. that the Wisconsin Central announces
that 1t will no longer share IN this expense.
taking the position that the parties inter-
ested should pay the bills
A steam shovel has been put in operation
. short distance below Columbus, on the j..
NJ. * l.. and two construction trains are TO
be put on distributing gravel for rebailast-
and Indianapolis. This is said to be the
only improvement suggested after the in
spection trip of the high officials.
People living on the Martinsville branch
of the Big Four lines have petitiOned the
management to put on tram daily each
way III addition to those now run, TO run
solid through to Indianapolis. leaving
Martinsvllle at z A. II. and reaching In
dianapolis at $50 A. NJ; leave Indianapolis
at 4:30 p. NJ. and reaching Martinsville at z
p. NJ.
Hege Il Forest, of this city. were yester-
structure work for the following bridges
on the L.. n. A. Il G. (Monon): Tho south.
the middle and north forks of Wildcat
creeks; Deer creek, and the Wabash and
White-river bridges. Stone abutments of
the most substantial character are to be
put In.
The directors OF the Chicago g. Western
Indiana road have declared o quarterly
dividend OF IA per cent. being the second
quarterly dividend IN its fiscal year. plao-
V. Il. Mallot. who Is chairman'of the exec
utive board. is much 9ratified over the
paying of dividends to the stockholders Of
this company.
Henry Nottingham, who was superin-
tendent of the Lake Shore road from 1865
TO 1868, was found dead on the floor of his
room at the Hawley House. ct Cleveland,
o.. yesterday. HIS home was in Paines-
willie. d. He was arrested Saturday for in
toxication and released Sunday morning.
An inquest will be held to determine the
cause of death.
The New York, Lake Erie & Western is
doing an immense business, but its net
earnings are DOT showing up as satisfactOr-
lily a. last ear. The road earned In Janu-
airy. gross. S2.1S6.570. an increase over JAM
were s273. 655 a decrease this year of STA.
135. Heavy payments for new equipment
caused the decrease in net earnings
The Indianapolis, Decatur a. Western
earned In February "a S26 more than In
February, 1891. Trustee PIERCE thinks this
been a large increase in tonnage. rates
have been steadily declining. The pas
senger traffic OF the road is improving TO
such an extent, through better connec-
tions recently established, that it is shown
in the earnings.
The freight statement of the Chicago s.
Ohio River Association for January shows
the per cents. earned by the respective
roads dong business between Indianapolis
and Chicago to have been az follows: Penn
sylvanie lines, 1904 per cent; Big Four.
o. "A: L.. N, A. IL G. tMonon), 1851. Be-
tween Louisville and Chicago: Pennsylva-
MIA lines, 24S4 per cent; L.. N. A. 81 G.
tMononl. 67.35.
The Toledo, ST. Louis 81 Kansas City is
rapidly reaching a position where it will
be able readily to pay its operating ex-
penses and fixed charges, and possibly in
the not distant future may be able to pay
dividends. Since Jan. l the road has earned
$40. SIS, al increase over earnings of the
CORES ponding two months of 1891 of SS4.-
or. Under the reorganization it's bonded
debt is not as largo as that of the Wabash,
being 50. 020. 900. or $4,000 per mile on 45l
miles of road. Nine million of the bonds
have been sold. In addition. the company
has issued S.. SO, 900 of preferred stock,
from which statement iu will be seen that
some years will elapse before the holders
of the common stock get any dividends.
But the common stock cost the holders but
little money.