The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-02

u. ID. Ashley, president OF the Wabash,
who has been west for couple of weeks
looking the property over and talking with
the officials and business men, has returned
to New York. and in an interview, pub
lished in a New York financial paper says:
LAS regards the crops there is a promising
outlook, with the exception, perhaps, of
western Kansas. which looks unfavorable
as to wheat on account of drought. In
other grain States wheat is doing very
Well and corn shows we'll could be
expected SO early in the year. Passenger
business is keeping up we'll considering
that we compare with months of last year
to- which the worlds fair so largely con-
trlouted. found among business people
all though the West a cheerful, hopeful
tone, although every one admitted that
business was very much depressed. There
seemed TO be a sound condition of affairs
among business people generally, conveying
a strong impression that the mercantile
community was in better condition for
recovery in business than is generally the
case after crisis. Railway traffic is, of
course, dependent upon the condition of
the commercial interests of the country
and will follow it's every movement. De-
Ginning traffic has been one of the causes
or stagnation; It's recovery Will add TO the
volume of earnings by stimulating a de-
mand for additional rolling stock, rails and
other equipment, in regard to which econo-
mics during the past year have been quite
rigid. There has been apparent of late a
disposition TO maintain rates, more espe-
cially on freight, and there is greater con-
fdence that the amendments TO the inter-
state-commerce law which will permit OF
pooling under the supervision of the COM
ent session. i do not care to say anything
I'm particular to the affairs of the Wa
tlarly to the other railways of the country
by prevailing conditions. For one thing, all
interest obligations of the company ma
turing July will be paid
Traffic Notes.
The Vandalia last week delivered at the
In1f lis cfn arIc arlO f1- 81
stock
Coal traffic is helping the Indianapolis &
Nincennes. il last week bringing in 333 car
loads. The first shipment was on Wednes-
day.
The four divisions of the Big Four
proper handled at this point in the week
ending June 80 a total of 1893 loaded cars,
which was falling off, compared with
the week ending June %. of !, 224 and with
the week ending June 10 of 2,OS9 loaded
cars.
The four Pennsylvania lines handled at
indianapolis last week 1922 loaded cars,
which was siXty-four more loaded cars
than in the week ending June %, but 407
fewer. than in the corresponding week of
1888, but the falling off was wholly with
the indianapolis division.
The Cincinnati. Hamilton e Dayton
handled at indianapolis last week total
loaded. This road felt the strike the last
two days of the week or it's exhibit would
have compared favorably with last year,
a
marked improvement in business with this
line.
The empty movement continues
large, which is occasioned by the return OF
empty cars sent north with coal during the
miners strike and the sending of empty
grain cars TO local points to move the new
wheat and oats Last week $50 empty cars
of the Big Four and 7fS over the st. Louis
division The Vandalia forwarded west
several hundred cars, the Pennsylvania
ann
cars, and the c., II. & d. made large de-
liveries of empty cars to the Indianapolis,
Decatur & Western.
Personal. Local and General Notes.
p: A Hewitt, auditor of the Big Four,
Is in Ne= York for a few days.
NJ. c.. Tully has been appointed assist
ant auditor of the Lake Shore road, vice
r. II. Hill, promoted.
Work at the shops of the Baltimore &
Ohio will be resumed this morning in all
departments. They have been shut down
nearly month.
NJ. f. Ingalls,. president of the Big Four.
and Third Vice President Webb OF the
Europe about the 9th.
Ten new trains running to summer resorts
are TO be put on to-day by the Pennsyl-
burg, most of them fast trains.
General passenger agents of the trunk
lines say there is a marked increase in
Of summer travel is indicated.
The returns of the first six months of
1894 show that the Lake shore fully earned
its dividend. and this means to 10 per cent
on its stock for its fiscal year
Since Jan. ! the Pennsylvania lines have
handled 6.3i5.376 tons of coal. against 1854
0O2 tons the corresponding period last year
a decrease this year OF 3.5SS626 tons.
Horace Smart. the well-knoVvn superin-
tendent OF motive power OF the Michigan
Central. is fatally Ill, having last week
suffered a second stroke of paralysis
General Passenger Agents Daniels. OF the
New York Central and Roberts. of the
Erie who have been West looking the field
over have returned to their headquarters
at New York.
The 500 Lire is making all sorts OF
threats OF what il will do if its COMPETE
tors do not give the differential IL de-
mands, but its competitors are not dis
posed TO grant IL.
The net earnings OF the Louisville. New
Albany & Chicago for the ten months
ending May 1 We're $34i.5S. an increase
over the corresponding ten months end
ing with May l. 1893. OF $S.64S
Taylor Edwards. detective on the Big
-Four, last week succeeded in convicting
five car robbers in the Henry county
Criminal Court. Three were colored and