The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-01-10

known in this city was buried at Chicago
on Monday. Brain troubles caused his
death.
Those we'll informed as regards the finan-
cal situation of the Peoria, Decatur &
Evansville say there is now no occasion
for a receiver. The road has no floating
debt and It's interest is paid up to May l.
The opening OF the new Big Four depot
at Anderson has been postponed until the
10Th of this month. This depot cost the
company s11.600. and is the handsomest and
beSt-built depot the company has outside
of terminal stations.
Nj. F. Riley has been appointed agent OF
the Peoria & Eastern at New Castle, vice
- NJ Forbes, transferred TO Wilkerson,
ina; A. Sherry, agent at Shirley, vice G
r. Skinner. transferred to Modoc, vice Will
liam ". Worls, resigned
The Chicago. Iowa & Dakota road has
withdrawn from the Western Freight AssO-
citation. The management say such action
Is taken solely from motives of economy,
and the road has pledged itself TO the main
tenance OF rates and the carrying out of the
association agreements.
There is no division OF the Big Four sys-
tenn which has felt the depression of manu-
featuring industries severely has the
Michigan division Its passenger traffic
holds up remarkably well, but its freight
business Is at a minimum. and President
ingalls, has ordered the expenses of this
division sharply reduced until times i'm
prove.
Theatrical troupes and ticket scalpers are
now said to have full swing Some of the
strong lines are cutting theatrical troupe
the pennsylvania Company recently carried
troupe from Chicago to Cincinnati at 81
per person. Just half rates. and the scalpers
are well provided with tickets over nearly
all lines
Now that the Pennsylvania Company has
q voice in the management or the Nandalia
lines the Journal Is informed that definite
steps will be taken to arrange matters
with the Sheets heirs and. If possible. to
remove the city freight depo. of the Van
dalia that the tracks leading west from the
Union Station may be so extended as to
remove some OF the present curves.
1T is said that the Dykeman- Eel-river-
the Dykeman interest T bv the lower a eomrt'
is to be carried to the Supreme Court. The
case OF the state VS. the Eel River road
bash company must answer the charge of
having violated it's charter. Neither case
is giving the attorneys of the Wabash much
anxiety.
f c. Windy. inventor of the James Tole-
man tyne of English engine, exhibited at
the worlds fair, has arrived In Chicago
from South Africa to superintend the official
test OF his engine on the st. Paul road. Mr..
Windy II perhaps the leading mechanical
engineer of England. and has worked his
way up by his own ability, from shop
hand He now has railroad contracts to
the amount Of $40 COO CO. which he is carry
ing out I'm South Africa.
L. o. Hopkins and General Wilson. re-
ceivers of the, Louisville. Evansville & st.
Louir. state that their first efforts will be
directed to the placing Of the roadbed I'm
so5od physical condition and properly equip
appearing IN the Boston papers indicates,
however. that steps will be taken early
10 bring about a foreclosure sale and scale
down the bonded Indebtedness, it will
he many years before 50 large fixed charges
can he paid.
The Western roads running i'm here are
doing better than ever before i'm their ef-
Of T,,.ls
apoliS stock yards which In n large meas
ure. accounts for the recent increase in
business at the yards The Vandalia and
the Big Four. especially. working to In
crease this class of traffic. and i'm 50 doing
are not only helping Indianapolis stock
Yards and packing houses. but also Eastern
lines. rs the shipments to eastern markets
were never. before as heavy at this seast n
Of the year.
The Pennsylvania has compiled state
mentS OF the number OF loaded cars passing
given points i'm December. 1892 and 1893, and
these statements show that the company
decrease of traffic originated east. the
movement OF through fre.ghts eastward
from Western points, such rs indianapolis.
81. Louis and Chica so. showing an increase
East hound. in 1893. e05S7 loaded cars passed
Columbia. against 55,54S in December. 1892
while west bound S,5l7 loaded cars passed
mat point against 1871 in 1892, and state
mentS are given at other points showing
much the same results.
So prone are railroad men TO complain of
the encTDachments of the water lines on the
railways that the statement made by one
of the largest vessel owners on the lakes
will be read with interest. tie says the
record of traffic for 1893 was very unfavor-
anle. The same Influences were relied on
% secure profitable season that railroad
companies had looked for but neither
passenger nor freight traffic by the lake
lines reached expectations. As the season
advanced and the business depression and
disturbance became more pronounced the
complaints of dull business increased rates
went down and what promised to be an
unusually profitable season proved a very
discouraging one 10 a majority of the yes
sci owners.
The New Albany Ledger still clings to the
belief that the Louisville, Evansville g. ST.
Louis road, If properly handled. has a bright
future. The Ledger says In closing Z lengthy
article on the matter: IF the receivers will
now cut off the Airline from all others OF
the Macliey lines and give it attentive intel
liSent and enterpriSing management. such
it received from Col. George T. Evans
during its previous rcceivership. the Airline
can be made as good q paving road as there
is in the State. When Colonel Evans turned
over the Airline To Mr.. Mickey at the end
of MS receivership, he left the road without
q dollar OF floating debt upon 1t except for
the current months expenses, and turned
over TO Mr.. Macltey $4,000 In cash. as earn
ings Of the road that he had accumulated
after paying all expenses and meeting the
interest on the cOmDany'S bonds There Is
no better local road in Indiana than the Air
road line between Louisville and St Louis,
il has very extensive and splendidly
equipped machine shops ut Princeton"