The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-25
Personal. Local and General Notes.

property 10 complete a grand north-and-
south system will bid IL in as IL can af-
ford to pay as much or more than any otn-
er party.
Personal, Local and General Notes
Wheat is moving TO the local markets
very freely, as well as forming large item
in through business.
The Southern Railway and Steamship AS
sociation has increased the frst-cIass
freight rate between New York and Atlanta
from 30 cents 10 Sl.lO.
The many friends of t. NJ Connors,
train dispatcher of the C., II. q l., VIII
learn with regret of the death of his child,
which was buried on Monday afternoon.
The new steel bridge, with stone abut-
l.. has been completed. The line, is now
rid Of the last OF the wooden bridges and
trestles.
Nearly all the roads report a good in
CURRY for cars to move the heavy crops;
the G. H. & /. are specially favored and
better shape for the business
On Sunday next the Houston, East &
West Texas road will become standard
nearly all the equipment received. 1t runs
through the pineries, from Houston TO
CUR Colorado g. santa santa Fee Fe and Missouri,
Kansas d Texas are TO work In harmony.
The earnings of the Baltimore Ohio
southwestern for for the second week OF ,c J Wy
Chesapeake * Ohio, $l7,9l7, decrease or
$2S.350; Missouri, Kansas & Texas, $780,
2i, decrease of S24,6Oi; Missouri Pacific
Iron Mountain, $4,000, decrease of sl42,-
600; st. Louis Southwestern, $533iS. a de-
crease of Sls665; Texas & Pacific, s95. 1888,
Kansas City. s23 216, a decrease of $9,0S.
The c., II. & ID. has just completed the
relaying Of ten miles of track from Liberty
west With heavy steel rails This. with
a large number of new ties put in along
the line and the reballasting which has
been going steadily on, places the entire
superb condition.
FOR the new steel put in on this line was
let last year, when business was. much
more profitable than nov, otherwise the
company might not have been so liberal
The representatives of the trunk lines
and the Central Traffic Association will
which will be discussed the recent reduction
in freight car rates from three-fourths of
a cent to one-half of a cent per mile. The
the roads in the Western Association com
prising the. lines west from Chicago and
the mississippi river, and an effort Will be
made to extend it to the Central association
and the Eastern Trunk-line Association.
President Ashley, of the Wabash, whose
views OF economic questions are always
listened to with respect. having been asked
for his opinion as to the remedy for the
business stagnation. mentioned three points
as deserving of special consideration. These
were the silver question, the tariff queS-
ton and the proposed amendment of the
nterstate-commerce law. permitting the
railroads to pool their earnings. On the
latter point he said it was his belief that
restoration of confidence and in a change
TO more prosperous conditions. Years of
investigation and experience had shown
he said, that this is the only remedy for
the suicidal competition which is rapidly
destroying railway properties and sympa-
theticaly affecting all affiliated industries
Even the commissioners have recommended
1T, and 1t meets the approval of the BUSH
ness men of the country, and he could see
no good reason why the passage of the
measure by Congress should be delayed.
Col. Isaac Trambo, who has been in
Washington for some time lobbying in the
interest of the Utah statehood bill is en-
thusiastic in his claims for the future of
that commonwealth, which he regards as
the Pennsylvania of the West. He claims
that 1t has coal and iron beds, lying half
way between Salt Lake, Los Angeles and
San Francisco, which equal those of the
Keystone State. Besides il has deposits of
gold silver, copper, lead, nitrate. potashes,
asphaltum bOraX, marbles, GRANTEES, lith-
ographic stone, and all the valuable potters'
clays. which only await development. He
ADDS WITH the ope"lng OF the railroads,
which will be built at once. connecting
Salt Lake with Los Angeles and San Fran
cisco, all these resources will be opened
up 10 commerce, and the Pacific coast.
which now imports 20 per cent. of it's coal
from England and Australia, at a great
cost, Will be provided with cheap coal and
superior iron TO stimulate its manufac-
lures. Utah and Nevada, both so rich in
mineral wealth, will be the Western work
shops OF material industry"