The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-02-10

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ings on March l.
The net earnings Of the Atchison road for
December, 1893. were $7SO,00: the fixed
month Of si2l.Oo0.
Oscar Murray. traffic manager of the Big
Four, who was detained by illness from
going to Chicago on Wednesday night, was
In the city Last night en- route TO that point.
T. a. Whitemore, assistant to the presi-
dent of the Hicks Car Company, was in the
city yesterday. He says the litigation the
company is involved in will without doubt
result faYOrably TO the car company.
Andrew Woods, chief clerk Of J. @. Van
Wrinkle. general superintendent or the Big
-Four. has gone to Baltimore, his wife ac-
companying him. They go TO be present at
the golden wedding of the grand parents
of Mrs. Woods.
The louisville. New Albany & Chicago
from Chicago to Louisville on q special
train consisting of two baggage cars, two
coaches and three sleeping cars. The troupe
numbers $50 people.
The Illinois Central's gross earnings for
January were $3.50 below those of the
same month of 1893. Fdr the six months
ending Dee. 81 there was an Increase or
gross earnings of 81, T15, and an increase
in net earnings OF s~l,3J5,5tS.
It is stated that the Chicago e. Southeast
ern is now four months behind in its pay
10 its last batch OF employees, yet the COM
pany proposes 10 extend its line from An
derson TO Muncie, il is stated, as soon, as
the frost is out of the ground.
Inc DOdtS Wnlcn nave run between IOleuO
and Buffalo for two years past in connec-
ton with the ToledO, st. Louis & Kansas
City road will not run the coming summer,
and President Galloway is negotiating for
other boats to lake their place.
The Union Pacific is pursuing its indie
pendent policy as regards naming passen-
ger rates, and is throwing so many obSta-
cles in the way of adjusting matters that
there seems to be no possibility of an early
settlement of the transcontinental line trou-
bles.
The Lake Erie & Western has placed two
of its Brooks freight engines in service be
tween Peru and Michigan City, and one OF
them on Wednesday hauled thirty loaded
cars from Peru TO Michigan City, the heavi-
est train ever hauled over that division by
one engine.
The Lake Erie & Western usually gets a
good deal OF ice to haul south from La
Porte. where storing ice is an important
industry. This week a large force of men
have been employed cutting ice for these
storage houses, and have put up a consld-
cradle quantity.
Robert Pitcairn, superintendent Of the
Pennsylvania lines between PittsburS and
Altoona, has asked the employees on each
division to contribute one days work. this
month to the needy poor Of Pittsburg.
From this source Mr.. Pitcairn thinks at
least $1,000 will be raised.
II is thought that the Chicago & Alton
will again withdraw from the Western Pas
senger Association. Under its rulings fines
OF $40 have been assessed against the road
for violating its agreement as regards rate
lltflLttl p 1lL1 lit - ~ 80. wv Wv
not intend TO pay the fines as matters now
stand.
Thus far this year the Illinois steel rail
mills have received orders for 1900 tons
OF new rails. which will keep the works in
operation for some time. In 1893 the works
did the smallest business of any one year
in it's history, turning out but 2I3.00 tons;
$4,000 tons is its average production a
year since 1877.
Frank Van Deusen, of P~ittsburg, assistant
general passenger agent Of the Pennsylva-
~, lfnnc mae l., fho cfs z-nCtapIaNr md hold
a conference with the executive committee
of Bethany Park. Steps are to be taken
to make 1t a more popular summer resort.
The indianapolis & Vincennes will make the
rates AID run trains TO encourage the bust
ness.
An official of the Michigan Central says
the Journal did not give that road the
credit il deserves Ia making the comparison
of passenger business during the six months
ending Nov. 80, 1899, the passenger earnings
of the Michigan Central were 6S.5 per cent.
in excess of those Of the corresponding six
months of the preceding year.
In the four months ending Jan. 81 the
Michigan division of the Big Four delivered
to the Big Four proper at Anderson 926 car
loads of potatoes for the Indianapolis and
st. Louis markets. The grape traffic of the
Big Four is much larger than one would
suppose. Last season the Big -Four brought
out OF Cleveland for the Same markets ga
carloads of grapes.
Local passenger rates from Indianapolis
to Western points are considerably demon
allied. and the Generalization extends to
business. When per-
sens wishing to so to Omaha or Denver
can get offers to furnish tickets from g
to Sc below the tariff rates the talk that
passenger rates are being well maintained
would seem to be erroneous.
Y bill by Representative Terry making
| railr DAD corporations citizens of States In
which their lines may be for legal purposes.
| received 2. favorable vote by the judiciary
| committee of the House yesterday. Under
the existing laws. according TO a recent de-
cision of the Supreme Court, the habitation
of a railroad is IN the State in which it's
principal office is located.
So effectually did the change in classif-
cation of hay, which advanced rates, stop
shipment that the traffic associations and
trunk-lines have reiented somewhat, and
| after Feb. Is and up to April 80 hay win
| be carded eastward as sixth-claSS freight
between points in the territory of the Cen
trail Traffic Association, including the west
ern termini Of the trunk-lines. The same
will apply in joint committee territory.
Among the interpretations made at Al
bany, n. Y, yesterday, was the Chicago
Railroad Terminal Elevator Company of
| New York. 10 carry on an elevated business
in the city Of Chicago, with q capital of
S,000,OO0, divided equally IN preferred and
common stock. The directors are +. w.
Whitridse, Willard Brown. Il. I; Rice, jE.,
G. II. Ludington; jr1 J. u. Drake, w. T.
a freight official says that the statement
that an eGst-bouEd freight pool has been
organized at ST Louis by the Big -Four, the
Wabash, the Vandalia and the Is. q =.
Southwestern roads from Missouri river
points is based solely on the fact that the
several lines named have agreed TO advance
eaSt-bound rates on March - and thereafter
strictly maintain them No pool has been
formed. no meeting called 10 form one, and
there is no intention Of doing so.
IL is hoped that the dropping of iron
rates by placing iron and steel PRODUCTS In
the tariff as fifth and sixth class freights
instead OF fourth and fifth class, as al
present, will give stimulus 10 the iron in
duStrieS OF Pennsylvania and Ohio. TIL
manufacturers have been laboring for some
months TO bring about such Il reduction
as these changes i'm the classification make
and To accomplish ii a number of large
manufacturers in PittSburS and at other
iron manufacturing ceEters promised to re-
sumo operations. The change will take
effect Feb. 10.
In speaking of the affairs of the Indianap-
Oils, Decatur IL Western, yesterday, &
prominent railway official said that one
year ago il would have sold for 100000 morc
than IL Will now, and four years ago at {
million dollars more. 1T has been hawkeC
about" said he. lin such d manner that i
has lost prestige as a railway, and IL:
physical condition has so deteriOrated as
10 damage the sale OF il at it's real value
l think the Investments or stock and SECOND
mortgage bondholders viii be wiped out bl
the coming foreclosure sale. 1t is no faul
of the cement that the property Ia.
run down, as II mas had no money Will
which 20 pay for the improvements the roaC
should have had from time TO time. In 1SS
this road was one or the best equipped am
snOOtheSt in the States of Indiana and III
lnOis. since that time everything has seem
ingly cOnspired 10 lessen the value Of TIT
property. Those well informed state tina
there was a time when ii. =. Hammond