The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-24

earnings of $149055.74 an increase in ex-
penses of s17.1S1-12, and decrease in net 4
earnings of sl66.236sS. The twelve months
of 1894, compared with the same period
of 1898, the lines show a decrease in gross
earnings of $500 93S. %, decrease in ex-
penses of Sc, s32, 27o.71, and a decrease in net
earnings of $1,03S ,68S54. All lines west OF
Pittsburg and Erie for December 1894, as
crease i'm expenses of s4s 224.6 IS, and an in
twelve months Of 1874 as compared with the
same period of 1893 shows decrease In
gross sarni f e snS seersase In
net earnings of $1,4o6, AGO.
NeweIrs Policy to he Changed.
There are many stories in circulation in
railroad circles to the effect that the here
tofore conservative policy of the Lake
Shore Railroad Company under the man.
agement of the late John Newell will be
entirely changed under General Caldwell
the newly appointed president. 1t is said
that in the future the policy of the road
will be aggressive, and the passenger and
freight men of the line will be expected to
get out and hustle for business. 1t is also
stated that there is strong probability
of new issue of stock to be made
by the company The new stock is to be
road, and the income is to be used to pay
off the bonded Indebtedness of the road.
n
purpose of elevating the company's tracks
in Chicago
Personal, local ana General Notes.
Daniel Mowatt, general freight agent of
the Toledo Peoria & Western, has been
elected the president of the Peoria Board
of Trade.
Within the last few days several trains
of stock and export cattle have passed East
over the Erie lines, and the trains were
scheduled at twenty-five miles hour.
The Chicago. Burlington & Quincy has
reduced its freight train service in the
freight trains only three days in the week.
w. NJ. Eggleston, superintendent of tele-
graph of the. Louisville division of the
Pennsylvania lines. was in the city last
evening, coming here to meet his family
who have been West for several weeks.
c.. S. Crane, general passenger agent of
| the Wabash. has called a conference of all
| the travelling passenger agents on the sys-
| tenn for the purpose of convincing them of
| the necessity of working harder to obtain
business.
Word has been received that Mrs. Ford,
wife OF General Passenger Agent Ford, OF
the Pennsylvania lines west, who went to
| Pasadena, Cal, for her health, is much i'm
| proved Mr.. Ford will remain with her In
definitely.
| Ex-President william Davis and other
stockholders in the San Antonio & Gulf
| Shore road have filed an application in
| court for receiver of that property. The
| case will be heard at San Antonio, Tex,
next Monday.
| F. G. Darlington, superintendent of the
| Indianapolis division of the Pennsylvania
lines says the Pennsylvanaa a.. Company onn my
| dianapolis and New York. and he presume5
| it will be restored.
| A circular issued by the Lake Shore Rail-
| road Company announces the formal APP
| pointment of r. H. Hill as auditor of that
road He has been aetna. auditor OF the
| company since the death of Mr.. G. p. Lee
| land several months ago.
s. B. Hynes, who has resigned as general
| freight agent of the Southern California
road has been IN service nc on 1s7 some part
| is named as the probable successor of Mr..
| Hynes on the Southern California.
| Capt George Stafford. general yardmaster
pebs strike; is so III as to unfit hi him pd for
| handle conductors, is filling his place.
The Boston & Albany railroad officials are
exercising extremely fatherly care over
| recently ISSUED it is stated that conductors
| and brakemen on passenger trains will be
| expected to shave at least every other day.
The Louisville New Albany & Chicago
earned in the second week of January,
$4,000, an increase over the corresponding
Louis & Kansas City earned in the second
week $2s,1S1 an increase this ear of ST.
| 49,
Freight earnings of the Monon for the
against $4,000 for the same week last
year, and PASSENGER ga earnings mi increased d
the Chicago, Milwaukee & St Paul for
the third week in January were SAB 406, a
decrease of s55,26S from the same week of
! last year.
Representatives of railroads which are
members of the Southern freight commit
tee closed their two days meeting In ST
Louis yesterday. 1t was agreed by those
| present TO maintain rates to MISSISSIPPI
river points after the LIST of February. but
| no conclusion was reached as to the re-
vision of differenuals, which matter will
| go over until the next meeting.
Mr. II. Teeters, of Hagerstown Ind. the
inventor of a railway bicycle, is in the city
and yesterday exhibited the bicycle to a
| number of railway officials. all of whom
| pronounce it a decided success and predict
track men. 1t weighs but ffty-four pounds
and a man propels 1t IN the same IN, mann ne
| substantial, and can readily be lifted from
| the track by the rider
There will be no hurry. says the Terrs
| Haute Gazette Sin the selection OF sue
cessor to H w. Hubbard. Under the rules
of the company, William r. McKeen, presi
operating the vandala lines. makes th'
appointment, and il must be ern Sonnrmee ,, .!
President pre- and general manager Of TIL
Vandalia lines, is still in the East, as i
James McCrea. first vice president OF tn
Pennsylvania Company.
Freight men have been advised by tn
Cincinnati Portsmouth & Virginia that tn
Columbus & Maysville, extending from IA s al
| business The road was abandoned about
| month ago because its business did not lus
| tify operating it, but the citizens or Hills
| boro formed company and are operat.nl
il. The road will be operated in connectio,
| with the Panhandle, which connects Wit
| 1t at Batavia Junction, and the cincinnati
| Portsmouth & Virginia company.
r. B. F. PIERCE. the new receiver OF tn
| Toledo St Louis & Kansas City, left, yes
terday. for Toledo where he will meet :
H Kneeland, of the largest holders Q
| the securities of the road and others IN
| terested in the property. Frankfort peopl
| are considerably elated over a ruInor tina
| the general offices of the company might
moved from Toledo TO Frankfort. It bein
| the center of the road This is not likely
| occur and, doubtless, grew out OF the az
| pointing OF Mr.. Peirce. an Indianapoli
| | man. receiver.
) In the statement published Monday morn
! ing il was shown that the Panhandle line
| earned in December, 1894, S2l $50 less tina
in December, 1898, while the operating eS
penses were reduced s62, 900. This shows q
what an alarming rate the Panhandle ha
been reducing it's expenses, and 1T is sal
that still further reduction will be show
this month so much has the work at tn
several shops been curtailed The fact
| that the eurtailment must be largely in tn
| shops as the transportation department ha
! ! cut its expenses down to a minimum.