The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-01-18

Peoria & Eastern. and daughter OF NJ. E.
Ingalls,. president of the Big Four. The
officials at Cincinnati furnished some very
expensive and appropriate floral emblems
for the occasion.
The fifth annual report of w. O.. Cannon,
secretary OF the Railroad Mems Building
and Savings Association. shows the follow
lbg results: Net amount required To pay
OIL loans Jam. l.. 1895. S2i2. 613. IS; amount
paid in dividends during ISL. SIT. u.s.. 70;
dividends paid since organization. sSs,-
Ol271; loans made since organization, S439,-
7CO24s paid of. S167. 0s6.52.
The Journal has information tosthe effect
that the deal by which the Cincinnati,
Hamilton * Dayton Is to secure control OF
the indianapolis, Decatur IL Western. a
deal which has been On some years. is
about To be contaminated to the eatlsfac-
tion of all parties interested. Some I'M
portant papers have been passed between
the two companies in the last few days.
The Louisville. New Albany & Chicago
roads directors have appointed a commit
tee TO consider q plan for the division of the
present capital stock into preferred and
common stock. The sentiment favOrs q di-
vision thaS shall make IS per cent. of the
capital common stock and 20 per cent. pre-
ferred. The company. earned q surplus of
Sl4o.OO above all fixed charges for the six
months ending Dec. 81.
General Passenger Agent Sebastian. of
the Rock Island, has received advIces from
New York to the effect that his invitations
Tn the immigrant agents TO attend the con-
ference in Chicago Jan. 20 have been gen.
orally accepted. Nearly all the Eastern
immigrant agents have signified their IN
tention of being present at the conference,
and ir is hoped that a solution of the CON-
mis- sion problem Will be reached.
Chairman Midgely. of the Western
Freight Association. has sent out a call for
n OnfarQnc of tho ira ffiR nfi nj la IF tho
roads interested in Northwestern traffic, to
be held at St. Paul Tuesday, Jan. "a. The
object of the meeting is TO decide what
shall be done In view OF the recent decision
of the lnterstate-cOtnmerce Commission in
the case of the Minneapolis millers against
the Great Northern. the Northern Pacific
and the Chicago, Milwaukee, ~ st. Paul
roads.
1t ID very seldom that two roads arc more
at O stand-still as TO making improvements,
or, In fact, amove in any direction, than the
ONO ~ Mississippi and Baltimore Ohio
southwestern. The arrangements or both
know that a consolidation of the two roads
Is determined upon. and neither knows
which. If any. of the present officials on
both lines Will be continued after the con-
solidation, and 1t is quite difficult for the
officials on either. under the circumstances,
TO make any aggressive moves.
The report hat George A. valiant. sec.
ond vlce-president of the Erie company,
uau u6Cilneu an OUeT from Iuo IScauiDB
management was confirmed to-day. While
In P~hiladelphia last week ne was offered
an annual salary of S25, 600 TO accept q
vIce-presidency In the Reading railroad
management. be being wanted to take
charge of the commercial and traffic de-
partment. Mr.. valiant, after considera-
tion and consultation with President King,
of the Erie. felt obliged to decline the
honor placed before him.
Numerous recent changes by resignation
in the staff OF the New York. Lake Erie IL
Western are announced. The resignation
of w. X. Starr. superintendent of trans
portatiOn. was announced yesterday, ithav-
ing taken effect Monday. Other r~esiana-
tIons which took effect Monday were that
of General Freight Agent T.. l.. Pomeroy,
to whose duties II. s. Burgesses has in
part succeeded by appointment, and +. l..
Tilden, chief clerk in charge of the claim
agency. The Headquarters of the assistant
general freight agent was also announced
TO be located in New York.
President Woodford. of the Cincinnati,
Hamilton n Dayton, states that within a
short time the road will be one OF the most
completely equipped of equal mileage IN
the country. This month six heavy pas
senger engines Will be received, in Feb
and freIght-car equipment is to be equally
increased. The Dayton, Fort Wayne IL
Chicago. also. is to be placed we'll on its
feet as regards equipment. the equipment
bonds recently sold resting on that road
furnishing the funds to properly equip it.
and with this q large increase in both pas
senger and freight business Is looked for.
Edward McKenDa, formerly superintend-
ent of the j.. NJ. 81 l.. road, now with the
Chicago. Milwaukee q st. Paul, has intro
duced a new method In tagging trains. If
It becomes necessary TO flag a tram the
man sent back is to remain there or walk
back toward ii following train until it
comes up with him, and then he takes that
man can walk back to a station If he thinks
il possible. and there take the train, but
under no circumstances must the train
which has to be protected by d flag wait to
pick him up. A number of times serious
accidents have occurred by o train waiting
for the tiaGman sent back TO get on after IL
was ready to go forward and this is done
to max such an accident impossible.