The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-06-27
IN IMMINENT PERIL
ONE WAY PASSENGER RATES IN
DANGER OF DECENTRALIZATION.
All Owing 10 Extension OF Return
Limits on Excursion Tics<ets-MiIe-
age Charges on Special Cars Cut.

One-way passenger rates west-bound
from Chicago are in imminent peril. The
extension till Sept. Of the return limits
on the tickets for the national educational
meeting at Asbury Park threatens to cut
them right in two for the next two
months. Several of the roads have adopt
ed the policy OF preventing demoralIza-
ton In general business through the manip-
ulation by the brokers OF the return por-
ton OF excursion tickets by making SINH
lar reductions in one-way rates in all
cases where the restriction thrown around
the return portion OF the tickets is not
such as to prevent scalpers handling them.
Il was supposed that such restrictions had
been adopted in this Gaze, but the 500 and
The Wisconsin Central on the north and
the Missouri, Kansas & Texas and the
Santa Fe IN the Southwest. disregarding
these restrictions and making the tickets
good for return up till Sept. having spoiled
the plans OF the association roads, it now
appears as II a reduction OF the one-way
rate would be the only way to keep the
market from being stocked with the re-
turn portions OF these tickets. This is very
much regretted by everybody because the
financial condition OF all the roads is such
as to make the conservation Of revenues
one-way rates has not been abandoned,
strenuous effort still being made to induce
the roads named to withdraw their an
nouncements as to the return limitations,
but the prospects of success are by no
means hattering. To-morrow's meeting
may find some other way out of the diff
Guilty, but the only one talked of to-day
among railroad officials Is a reduction or
one-way rates wesr-bound for the entire
period the return portions OF the excursion
tickets are effective.
The East-Bound Freight Pool.
The meeting OF the freight officials of the
lines leading East from Indianapolis TO
agree on the percentages on east-bound
seaboard business which each road should
have, made some progress. All the roads
were represented except the Cincinnati
Hamilton & Dayton and the Monon, but
not by officials who had power to act, and
that is the reason assigned that no greater
progress was made. Oscar Murray, vice
president of the Big Four. who was pres
ent says he thinks satisfactory percent
ages will be agreed on. but there are
those who hold a contrary opinion. The
pool which expired in 1857. with the taking
effect of the interstate-commerce act, was
referred 20 In preparing a basis of per-,
centages, and it is quite evident that those
figures will not be accepted by some of the
roads 1t is understood that the Lake
Erie 6 Western will demand 20 per cent.
OF the east-bound business as it's share,
the Monon 10 per cent and the Cincinnati,
Hamilton Il Dayton IL per cent, these
three lines wanting AZ per cent of the bust
ness their share, and no one will believe
for moment that the Big Four and the
Pennsylvania lines will be satisfied with
the remaining SO per cent. Under the old
pool the Bee Line, the Indiana, Blooming
ton G. Western and the Big Four as the
roads were then known. were allowed So
per cent. these three roads are now under
one management, and the question is
where the Pennsylvania, which is con-
sidered something of railroad. is to come
in for it's percentage 1t is understood the
Big Four will be satisfied with the old
fFssht ocia Gr last nig The ska id mag
look clear for forming a pooling arrange
ment at lnaianaR 9 put am n s sal Sn
by arbitration" At the close OF the meet
ing Oscar Murray and several others of
the officials who attended went TO Louis
Vile, where it is proposed to-day to ar
range an east-bound freight pool.
The Peoria, Decatur & Evansville.
The security holders of the Peoria, De-
catur &c Evansville, former Mackey
line, are experiencing a good deal of
trouble I'm agreeing on some line Of action
which shall be fair for the several parties
interested. The road is now paying OPP
Grating expenses and interest on its first
mortgage bonds. and those who we'll I'M
derstand the situation say that until the
times brighten financially present condi-
tons should not be disturbed. There are
those who believe that at no distant day
the Peoria. Decatur & Evansville will be
consolidated with the Indianapolis, De-
catur & Western, and the owners of the
two will then extend the l., ID. & w. west
ward. and by so doing Increase the value
of both properties. The United States In
weston. In its last issue, says concerning
the Peoria. Decatur & Evansville that a
circular will shortly be issued by the
stockholders committee TO the STOCKHOLM
ers of this road asking their hearty CO.
operation. For the present those Deposit
ing will bind themselves TO no action. The
any sort as yet, but merely desires to
make sure of its strength. Moreover. the
Is the right time for reorganization, but
its ultimate idea Is 10 formulate some plan.
bo1ders Its his "orK OF esIg the st9eR
some protection against any sighting Of
their interests by the second mortgage
ports OF plan by this latter committee
only short time ago, but 1t has not seen
as "feeler" The first mortgage bond
holders are In a good position. and will
not not be BLK likely to Ioreel9se or take any &C
Is earning above its expenses enough to
pay the interest on these bonds The only
receivers certificates. and we have it on
ample authority that there is no call for
them
Mileage Charges on Special Cars.
The executive committee meeting of the
Western Trunk-line Association was held
at Chicago yesterday, there being full
attendance of the presidents and vice pres
idents OF the different roads. The main
subject under consideration was a proposed
reduction in the mileage charges on special
cars. 1t was agreed that beginning Aug.
I. the mileage on all classes of freight cars
interchanged between railroad companies,
including private cars, but excepting refrig-
per mile. This is a reduction OF about a
quarter OF a cent per mile. The rate va
ries at present, but the average is about
three-quarters OF cent per mile. 1t was
decided to make the rate uniform and
fix II at one-half cent per mile The mat
ter of refrigerator cars was referred to a
committee consisting OF l.. Z. Ripley, OF
the Milwaukee & St. Paul. G. III. Chappell,
Of the Alton. and ID. Il. Robinson, OF the
Santa Fe. This committee will report at
the next meeting what reduction should
be made on refrigerator cars. The pres
ent rate is 1 cent per mile.
Limit of Tickets Extended.
General Passenger Agent Heard. of the
Missouri Pacific, says that his road will
to-day officially announce that the return
portions OF tickets sold for the teachers
meeting at Asbury Park and the Chris
tian Fndeavor convention at Cleveland will
Iox- IN Canf 1