The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-08-30
TO CHICAGO FOR 81
ROUND-TRIP ATE AGAIN sLASHED
BY THE L.. f.. & w.
Pennsylvania Likely to Make the
Same Cut To-Day-M. r. Ingail
Not a Vanderbilt Syndicate Man.

Yesterday morning the Lake. Erie peoPie,
learning that the Pennsylvania Company
by order of Commissioner Tucker. of the
Chicago and Ohio River Traffic Associa-
ton, had met their 81 round-trip rate for
Saturdays excursion to Chicago. dropped
the rate 10 81, and early in the afternoon
posted bills announcing such a rate. w. +.
Drummer, representing the passenger depart
ment Of the Pennsylvania road at this
point, Immediately telegraphed what the
Lake Erie & Western had done. Mr..
Drummer says that he expects instructions
this morning to meet the 81 rate. Being an
all-rail line, the Pennsylvania is preparing
TO take a large crowd to Chicago, as peo-
pie can go up Sept. l and have five days TO
Lake Erie & Western is also expecting TO
carry a good many people, as some prefer
q part rail and part water route.
The "Boys" Coming Back.
Train No. 20 on the Vandalia yesterday
brought in about forty of the members of
the Old Reliable Conductors Association.
en- route home from San Francisco, where
they held their twenty-seventh annual con-
vention. W.. o. Beckley, president Of the
association, and a conductor on the Wa
bash road; accompanied them as far as
Indianapolis, where there was a scattering
of the party to their respective homes.
President Beckley says they had one of the
best annual meetings ever held, ana that
the people on the Pacific coast treated them
well. He Is very enthusiastic about the
association OF which he is the head. He
says: Our association has paid to the
widows and orphans of Members (who have
died or been killed. the handsome sum of
8, O6S, PSI, and TO those who have become
disabled from performing the duties OF a
conductor $151, 003, making a total of 81 49,
290. IL was organized and held It's first con-
venticn in Cincinnati, o., Oct. p, 1868, and
ductors' Life Insurance Association. 1t was
organized exclusively as an Insurance as
ISOLATION, amongst conductors running
throughout the United States and the Can
adas, and has been so conducted ever since.
Columbus, o., was chosen as headquarters,
and they still remain there. In spite or
strikes, business depression or financial
panics, the Old Reliable has never once
failed to give its annual tour"
The Lake shore Presidency.
Eastern papers speak of NJ. E. ingalls, as
the probable successor of John Newell. late
president Of the Lake Shore road. In speak
ing Of this one who is we'll Informed said.
yesterday: There is a mistaken idea about
NJ. e. Ingalls, being what Is termed a Van
derbilt man. While the vanderbilts may
have something to say about the affairs of
the Big Four and the Chesapeake & Ohio
roads and are highly respected by Presi-
dent ingalls,, the DreXel & Morgan inter-
ests in these roads exceed in amount that
Of the Vanderbilt interests, consequently,
Mr.. Ingalls, is more OF a Drexel & Morgan
syndicate man than a Vanderbilt syndicate
man. There is, therefore, little grounds for
saying that he will be made president of
tie LAX Shore road. 1t seems we'll under
stood that, no matter who is president, a
traffic manage will be appointed for the
road, which makes four positions to fill
pm the Lake Shore road, namely, president,
traffic manager, general freight agent and
auditor"
The G., III. & ID. and @. & G. Deal.
In speaking Of the recent clinching of the
deal by which the Cincinnati. Hamilton &
Dayton secures control OF the Queen &
Crescent road the Atlanta Constitution
says: There Is but one meaning to all
this movement on the part of the Cincin-
natl, Hamilton 4 Dayton, and that is that
1t is the purpose of the managers of this
tory and. get a pull at the traffic into and
opt of this section. 1t seems to be their
i'm fnie opp aom iF1ghf to at th present. santb to move ai nI9ag
Company In the matter of getting sway
over Southern links. and 1t Is clear that
hold in the shaping out a great rival line
with the interests Mr.. Spencer is con-
is not known, but it is thought most prob
able by all the leading local railroad men
t thet C nrihmta IS H fae nemt z Ro pav fa the IS s map
ing to reach"
General Improvement I'm BUSINESS.
The Pennsylvania railroad. for the week
ending Aug. Is. moved an unusually large
quantity of coal and coke, showing a re-
vival in manufacturing industries, es-
pecially iron. along the line of it's railroad
system The total tonnage Of anthracite,
bituminous and coke ccrried over the lines
Of the Pennsylvania railroad east of Pitts
burg and Erie, for that week, exceed 10000
tons. The figures o. the year 1891, to Aug.
ii, showed that the Pennsylvania rail-
roads total tonnage Of coal and coke had
fallen off 1876, 1S5 tons, as compared with
the corresponding period of last year, but
the gain for the week ending Aug. Is has
reduced this loss of tonnage about 1000
tons, the increased movement of coal being
nearly 100000 tons. while that Of coke ex-
ceeded $4,000 tons Latest advices are that
the Pennsylvania railroads coal and coke
tonnoge also made still further increase
last week.
Receiver Walkers Intentions.
Secretary Kobbee. of the Atchison gener-
al reorganization committee, has advices
from Aldace F.. Walker. recently appointed
receiver of the company in place of ex-
President Reinhart, that he will arrive
from Europe by steamer due Sept. 4. and
after a brief stay in New York will pro-
coed West to qualify as receiver. which
being done he will return to New York and
at once enter upon his duties. Expert Lit
tie Is expected in New York at the end of
the week to complete his examination of
the cOmpany'S accounts. The general reor-
ganiZation committee will meet Wednes-
day or Thursday of next week to resume
consideration OF the Little report, and will
also take up the plan of reorganization on
which action was deferred pending the COM
pletion of the experts report. 1t is not I'M
likely that some important changes will be
made in the place.
"
Lake Route Rates Raised.
A dispatch from Cleveland says that dur
inc the most xraaE fhnra Da. ha1, -o-rr-.l
improvement in the lake carrying trade.
Within a few days ore rates from the up
per lakes have been advanced % cents per
ton, with a very light offering of tonnage.
Three weeks ago many fleets. or portions
OF them. were laid up awaiting charters.
is in service. The vessel owners have
agreed among themselves not to carry a
pound of coal from the lower lake ports
TO the upper lakes at less than 80 cents per
ton. and there is every indication that this
figure will be freely paid and even raised
believe that business Will be very brisk.
with good rates from now on till the close
of navigation.
Dig Contract for Equipment.
William Garstang, superintendent of
rolling stock and motive power of the
Big Four lines, returned from Dayton last
night, where he closed the contract for
the new passenger equipment to take the
place of that recently burned at Cincinnati.
Mr.. Garstang states that he contracted for
twenty coaches of the most modern puild
and 20 be provided with all improvements