The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-04
STOP OVER TICKETS
POSSIBILITY THAT THEY MAY BE
ABOLISHED BY RAILWAYS.
scaIpers Said to BE Benefited by Them
-Relations of the f. & II. and
the Bedford Belt.

Commissioner Donald, of the Central
Traffic Association, passenger department,
has decided TO bring the question of stop
over privileges, which has been a dis
turbing element in the association, to an
issue, and in pursuance of that policy has
sent out blank ballots to ascertain the feel
ings of the general passenger agents in the
association on the question. The stop-over
privilege costs the railroad companies much
loss OF revenue, encourages dishonesty by
travellers, enriches the ticket ~scalpers and
violates ordinary business principles, say
the friends of the measure. by giving adj
vantages of buying at wholesale to the
retail purchaser. It is said there is no
over tickets, and they are granted only on
account Of the disposition of the railways
TO accommodate their patrons, even at a
there should be no such distinction as
limited and unlimited tickets. A ticket
SHOULD be good until used unless sold at a
the passenger should buy to the point of
his first destination and buy again on re
p prWihs as are ' GiVen freou ~ nfrs the se0f fjcket
will fall into the hands of the scalper. In
fact, 1T is on this class of tickets that the
scalpers are enabled to exist, SO protected
are other classes of tickets.
L. & N. Annual Meeting.
The forty-third annual meeting of the
stockholders OF the Louisville & Nashville
railroad was held in Louisville yesterday.
The only business on hand was the cleo
ton of directors and hearing the presidents
annual report. But one change was made
in the directory; Milton III. Smith resigned
and Albert Fink was elected to succeed
him. Mr.. Fink is a prominent railroad man
and several years ago was chairman Of the
rrrnE Ifnn liz NJ
York, but since retiring from this position
has not been engaged in the railroad busi-
ness eesorv MI, ,,S smiths MT resignation from the di-
dent of the road. The presidents annual
report showed an increase in mileage of 13. IL
general results of operation for the year
ending June 80, 1894, showed the gross re-
ceipts from traffic to be SIS. 974. 1888; ex-
ceipts from traffic, S,110, $50. 06; income from
Investment, ST., 2ss.02 total net receipts,
S.Ss2,S4o.0s: From this has been paid in
terest and rentals, S,065. 2771S; taxes, $780,
$3.50: loss on Georgia railroad, s24, 7S4. 0S; loss
on other roads, forcing claims against
them, SlSs,s2s.5S. making a total Of $780,
So. 1925.
The L. a II. and the Bedford Belt.
The reports regarding the consolidation
OF the Evansville & Richmond, the Bedford
Belt and the Bedford stone quarry COM
panies. sent from New York and printed
at Bedford and Louisville, have been so
conflicting that a gentleman well informed
as regards every detail of the proposed con-
solidation OF II three interests was asked
10 give a true statement Of the situation,
and he writes the Journal as follows: 1.-THE
facts are in regard to the Belt and the
Bedford quarry companies that DR.. Brey-
fogle has an option on the property run
ming until Nov. L. If. previous to that
date, he is able TO pay the present owner,
MT. Walsh, OF Chicago, something like $780,
900 he can still manage the property, other
wise 1T will go into Mr.. Walsh's hands,.
Harvey Fisk & Sons, of New York, under
took the reorganization of the property in
connection with the Z. & r. After n
thorough investigation they advised the
~bondholders or the E. & r. that the mat
ter was not practicable. and that thev
therefore had discontinued the negotia-