The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-11-28

cetving a sum of money not stated and the
bany.
M. d.: Kirkman. second vice president OF
CITY yesterday, and last evening went South
IL nus private car over the Big Four, when
Surned the car over to the Louisville *
Nashville at Cincinnati.
On Dec. 3. Noble township, in which Wa
oasn IL located. will vote on a proposition
10 give the Big Four a subsidy OF $4,000
pected the vote will be largely In favor.
although some opposition has manifested it
SER to doing so In the last few days.
The Northwestern Railway Company yes
leraay announced the declaration of the
dividend of ia per cent Quarterly on the
preferred and 2z. .tsemi-annuaD on the
per cent 90 The i nn1I Is a r eoso { OF 2
nouncement on the New York Stock Ex-
change Northwest sold up rs. and after
the declaration OF the dividend broke 2 per
cent.
Senator Brice. in speaking of the Lake
Erie * Observation-Disclosures. Decatur &
western. deal. said he considered it a good
bargain II they could get a clear title. In
this connection il might be said that be-
lore the Lake Erie & Western gets hold OF
the property there may be some litigation
on the part of those whose securities and
stock were so abruptly wiped out by the
hrst-mortgage bondholders.
George Sherman. general manager of the
Vanderbilt. fast freight lines, says that so
far as his observation goes the business
which the Lake Erie q Western has
turned over to the former has been carried
at better rates than that of their COM
petitors. As the Lake Ere & Western has
the reputation in Western freight circles
OF Delng a rate demoraliZer this remark
from such authority has much significance.
Ten grain cars without a known owner
are being used In the northern part Of the
state oy any road which happens to get
j.. and 3, and were originally the property
or the Fort Wayne, Jackson & Saginaw,
put when this road passed into control of
the Lake Shore these ten cars were, in
some manner. left out of the deal, and the
lake shore disowns them rather than en-
ter into litigation which would likely follow
their claiming the cars.
The business OF the new fast train, the
knickerbocker. has become so heavy that
a second sleeping coach for New York vii
will not haul in its fast train any more
sleeping, coaches than it now does, it is
which is hauled on the outhwesterpp Limit
ed on and put on a chair car between st.
Louis and Cleveland, as the Knickerbocker
Gallon, and the sleeping cars Of both are
nauied on the same train over the Lake
Shore road.
Ford Wood. assistant general freight
agent OF the Big Four, yesterday received
a letter from a prominent ana highly recon-
mended importing firm ct Copenhagen. ask
gagged in exporting from this country pro-
duce or diferent kinds, with a view of ar
hanging asn in f ? such Oh Parties to ship via Copen-
pense OF passing through so many i'm
porters' hands. The firm writing has
Baltic sea, and Mr.. Wood will give the
matter attention. as he thinks ibmeans the
establishment of a new export line direct
from Indianapolis to Copenhagen.
S. M. FELTON,, president and receiver of
the Queen & Crescent, was in the city sew
eral hours yesterday acting as one of the
arbitrators in questions pending between
m n0l a Mix a q N atr ~
company and the Union Railway Company,
Chiefly in the matter Of rates for certain
service: The arbitrator representing the
stockyards and Belt road company was
deputy State Auditor Tanning. Mr.. FELTON,
was accompanied by r. Carroll, general
manager OF the Queen e. Crescent. The
two came up In their private car over the
Big Four and returned by the Cincinnati,
Hamilton & Dayton. that they might see
tracks of the two companies. both OF which
work more or less with the Queen & Ores
cent. In speaking of the Queen & Crescent
President FELTON, said the whole business
was in the hands of the courts, for the
time being at least.
For years the Lake Shore road has favored
Chicago and its connections at Chicago from
the Northwest and ignored the Big Four
with its southwestern connections. Presi-
Lake Shore to give faster service in con-
nection with the old Decline division of
the Big -Four. and when the company final
west were run usually as = second section.
and when they reached Albany New Eng
land passengers were forced to remain at
that point until the Boston e. Albany had
a train, which frequently was an accom-
mediation. to carry them on their journey.
The lines have given the
Lake Shore for the last ten months more
passengers and freight than nave the North
western lines. which has led the Lake
ton & Albany to quicken the time Of trains
and give the Southwestern lines just as
good service as the lines get.
The growth of business from the Southwest
has surprised the officials of the Eastern
lines. who had ignored st. Louis, India nap
oils and Cincinnati business.