The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-12-30

Concessions were made by both the Bur-
hngton and the shippers.
The heads Of departments on many of
the roads are now busy preparing their
annual statements. The work moves more
slowly than usual, as on most roads the
clerical force is much smaller than in
years past
The Michigan Central is the only road in
the Vanderbilt system of which an actual
majority OF the ctocll is held by the Van
derbnts. Its president, II. b. Ledyard. is
looked upon as one OF the best railroad
men in the country.
The president of the New York. Penn
would have been good one with the
road had the Erie paid its rentals. as the
gross earnings OF its lines were never
larger In any year past. -
Master Mechanic McKenna, of the In
dianapclis, Decatur & Western shops at
this point has this week turned out, thor
Cincinnati, Hamilton & Dayton, and yes
terday took in Engine 256 to rebuild.
ID: +. Edwards, general passenger agent
or the Cincinnati, Hamilton d Dayton, has
Meeting and competing lines TO join with
MIN and stop the issuance of exchange Or
ders- AS long as they are issued the seal
pers Will profit by them.
A second local union of the American
to be known as Union No. 2. Its officers
are CnarleS Jackson president, j. X. Smith
tary. 1t starts with forty Charter mem
bers, mostly Big Four men.
commissioners OF the Western traffic as
sociations are in session Chicago ar
ranging for an equitable division OF the
emigrant business in Western territory
10 the twenty-eish lines in the Western
Passenger Association this business
amounts to $0,OOJ,0eO d year.
At Wiliamsport, Pa, the Central Penn
syiyania Il Western Railway Company has
flied mortgage for $5.O0O,000 to the New
York Security and Trust Company The
money Will be used to build line from
Williamsport to Watsontown, to connect
there with the Wnkesbarre * W estern i.Il-
road.
The arrangement between the Chicago.
Milwaukee & St. Paul and the Great North
ern for through car service from and to
Chicago will be abandoned on December 81
because OF lack OF business. The arrange
ment may be resumed in the spring, but
traffic at the present time does not war
rant it.
Walter III. Brown, president of the Gin
cinnati Jackson & Mackinaw, states that
he has secured terminals in Cincinnati, and
surveying parties now in the field To-
complete its line into Cincinnati without
purchasing the Cincinnati, Lebanon a.
Northern.
A committee of the Agricultural Board
of the State of Illinois, F. NJ. Ewing chair
man, yesterday called on II. b. +. Perce,
trustee and general manager of the In
with him as regards holding the next State
fair at Decatur, the western terminal OF
the l., d. & w.
Those in position to understand the situa-
ton state that the estate of the late Jo-
sephus Collett will not suffer through the
financial changes of the Evansville & Terre
Haute road. All paper he indorsed with ID.
j. Macky Is In connection with the Peoria,
Decatur & Evansville, and the Indebtedness
is we'll secured.
The Southern Pacific is apparently In
shape, financially, TO steer clear OF receiver
ships. The first ten months OF this year the
system earned Sl0.13700O. and the last two
months the earning exhibit will be favora-
bic, SO great has been its increase in BUSH
ness as a result of the rnidwinter fair at
San Francisco. and the company bids fair TO
close the year with only a small decrease in
earnings compared with 1892.
Ii is officially announced that the Penn
sylvania has paid off the temporary loan
in England. contracted last July. OF 1,2lO,-
OcO. Owing to the company's excellent
pany was only 3& per cent, and the COM
p&ny goes out of 1893 with no floating
debt and with nothing but the ordinary
obligations growing out Of It's traffic and
current relations with other companies.
1t is stated officially that the Louisville
* Nashville will increase the mileage of
its system in the near future by securing
control of the Marietta & Georgia and the
Knoxville. Cumberland & Louisville roads.
which have a mileage of 900 miles This
would bring the Louisville & Nashville
al
good line from Cincinnati to Atlanta Both
roads named are now in the hands of re-
ceivers.
ON July 1. 1894. the c.. c., c. & ST. l..
bonds become an absolute lien on the st.
Louis division Of the Big Four: on that
date the old bonds mature. both first and
second mortgage. and the holders of such
bonds now have the privilege Of exchang-
ing them for first mortgage bonds of the
st. Louis division of four-per-cent gold
bonds OF 1890 OF the c., c., G.. & St L.
Railway Company. to which the main line
of the Terre Haute, Alton & St. Louis was
sold in 1890. 1t is stated that on the terms
offered there has been quite n large ex-
change of the old for the new issue OF
bonds.
The Big Four has just received from the
car shops of Barney, Smith & Co. the finest
dining that ever left that mandatory
Ii is finished in antique oak. hand carved
Tie tables are Of mahogany, and the de-
signs are the very latest The silverware
was purchased in New York and none
finer Is seen in the palatial houses of money
princes. The table linens are imported
from Germany for the OF the Big Four
and the trade mark woven in it's center is
beautiful In it's uniqueness. The crockery
IS from the famous Haviliard & Co. plant
The car is Seventy-two feet I'm length the
longest run on any road. 1t is very COM
pete In its culinary arrangements, and the
refrfgeratory facilities are most ina,7iousIv
devised. The kitchen is in every particular
model OF convenience and arransement
This car will be followed by an order for
several more.