The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-08-21

a bonded debt all told Of S24,O29 per mile.
and could be duplicated and considerably
Strengthened at a cost of not over $4,000 a
mile.
1t is said that no road in the country
has as many old freight cars unfit for
service as has the Illinois Central. Ship
pers Will be pleased to know that the COM
pany has decided to break up some LOO
old cars and replace them with new ones.
Low-rate excursions to Chicago are not
as popular as last year, The Lake Erie
out OF Indianapolis on Saturday night for
chicago Last year it was not an unusual
thing for this road to take out 200 or 500
on such excursions.
A recently prepared statement which ap-
peared on Wall street is to the effect that
in the last eighteen months 1900 miles of
under protection Of the courts. This is an
amount equal to "A per cent. Of the total
length Of roads in this country.
The officials of the indianapolis & Vim
cennes road We're yesterday notified of a
shipment of rails from Pittsburg of 200
tons. These are the first new rails this sea-
son. and now that the bars are down,
son TO get ten miles of new steel.
The ~bondholders of the Valley road of
Ohio have united to prevent the separation
Railroad Company, which controls the
stock and WINS a large part OF the mort
gage bonds, desires, it is said, to get the
portion of the road between Akron and
Cleveland and throw off the Southern di-
vision.
The t-wenty-seventh annual number of
PoorS Manual of Railroads is now out.
This has come to be looked upon as an
official organ of railways and the pub
fishers of IL deserve much credit for the
correctness of the work and it's complete
ness. Each year makes the manual more
valuable TO railway officials, investors. ana,
In fact, to the business public generally.
The railroad companies complain that the
melon crop is so large that shippers are
unable to dispose Of them all when the
fruit reaches the market, and, not being
able TO pay the charges, let the company
a the melons and get out Of the
number of roads will not haul the melons
unless the freight charges are paid in adj
vance.
M. E. ingalls, is trying to induce the
vanderbilt people to join him in putting on
another fast train between st. Louis and
the seaboard. He thinks the business wis
dom of putting on the Northwestern
limited Is so apparent that the Lake Shore.
the New York Central and the Boston &
Albany would be convinced that the South
western business paid as well for looking
after as does the Chicago travel.
A. w. Swanitz, a consulting engineer of
prominence, has written a letter to the
Journal OF in which he says the
railways must very soon begin to buy rails
In large quantities.. Eleven years is the
life of a steel rail, he says. and after that
time il must be removed. According to the
lnterState-commerce Commission report,
there are about nineteen million tons of
steel rails in use in the country. all of
which must be renewed every eleven wears.
This means 1,721.272 tons per annum on an
average. Mr.. Swanitz says that rail re-
newals have contributed largely to reduc-
ton of expenses, and that the time has
come when contracts for new rails must
be made. They cannot be longer postponed
with safety.