The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-03
RATES GOING LOWER
CHICAGO ROADS STILL sLAsHING
THE EAsT-BOUND TARIFF.
Many Grain Shippers Holding on for
= Ten-Cent Rate-Poor Time for
Freight Wars.

Freight wars.
East-bound grain rates at Chicago were
in no better shape yesterday than on Mon
day. As predicted. the Michigan Central
came out yesterday with tariff based on
Il cents. Chicago to New York. All the
other lines are making the same rate as
the Grand Trunk and Michigan Central
although none of them has gone through
the formality of getting out a rate sheet
The Board OF Trade being closed yesterday
because of the local election there were
no important shipments of grain made and
the rate of ~ cents was not cut but it is
highly probable that it will be reduced be-
fore the season of lake navigation opens.
The roads must take grain for what they
can get as there is no heavy rush of grain
shippers even at the present low figures.
Many shippers believe that by holding off
for a few weeks they will be able to get
their grain East at 10 cents. There is
mighty little In it for the railroads even
now and some of them will fight hard
against putting the rate as low as 10 cents
A railway official, awho has seen years
of service, says never before have the rail-
ways of the country been so poorly pre-
pared to engage in rate wars as at present,
and he was exceedingly sorry to notice the
nnfavorable turn matters had taken at
Chicago. He feared it meant a general
demoralizat ton of freight rates. 1t seemed
very clear to him that the transporta-
ton industry had come to critical period,
having reached a point where there is no
profit in the business. With the average
rate per ton of freight per mile below
nine-tenths of cent T is obvious that an
enormous amount of business is being done
by the railroads at absolutely no profit and
in some cases at a direct loss One thing,
o1f DC uhCllI fol w apf n q N e.
portation industry is ever to be placed on
3, sound financial basis there will have to
rates and m means must be provided for as
surfing the maintenance of rates People
th Ho railroad rail- interests - have e no idea Of
the circumstances under which railroad
tha n m rs sfW cases spe arcea such
a iron ore, COAL lumber and grain are
carried at an absolute loss to the rail
finders with the railroads are, in most
cases, the men whose produce is hauled
at a loss to the roads and were they taken
at their word and commission appointed
70 all railroads only fair proht on freight
twice what they now do
The G. & o. VIII Withdraw.
The notice of withdrawal of the Chesa-
peake e. Ohio from the East-bound Pas
senger Association is confirmed. General
Passenger Agent Fuller, of the c. & o.,
gave written notice to Commissioner Steven
son, of the East-boalnd Passenger Associa-
ton, March %, that owing to the with
drawal of the b. & o. S. w. from the
presidents agreement. effective April 4, the
Chesapeake e. Ohio would withdraw from
the East-bound association effective on
the same DAY, April i, This notice Issa was
day, March 80, Mr.. Fuller sent another no
tice, inasmuch as the B. & Q. S. w. had
agreed to not enforce its withdrawal to dis
turb rates from April until after the
meeting of the presidents of the trunk lines
April g. the Chesapeake & Ohio would also
not disturb rates during the same time.
This second notice has also been given to
mittee of the East-bound Passenger Assoc
citation has taken no action because the
rules require fifteen days notice and Mr.:
enforcing the rules concerning withdrawal.
The New Compound Engine.
A successful test was made Monday night
of the much-taiked about Richmond COM
pound engine ON the Cleveland division of
the Big Sour. A train of twenty-six stock
cars was drawn by it from Brightwood to
Muncie, fifty miles, in one hour and forty
minutes, with nine minutes delay to be de-
Quoted from this. NJ. j. Pierce, one of the
Big Four engineers, who has piloted engines
almost every inch of rail in the Big
Four system. was at the throttle. The
speed was the fastest ever made with a
freight train over the division. At Muncie
the speed was checked. and the engine was
taken on to Cleveland to be exhibited there.
The trip Monday night showed that the en-
CINE, besides having great speed and
strength, is economical in the use of coal,
plished. The engine also carried the first
electric headlight that ever went out in
front of freight on the division, and the
are lavish in their praise of this inno-
walton. There is only of these COM
pound engines built. and the locomotive
company is exhibiting ii in various sections
of the country.
The Milling I'm Transit Problem.
The freight committee of the Central
Traffic Association has made decision On
the question OF milling in transit that is
of particular interest to millers in the
Central States territory, the more SO as
there had been threats of abridging the
privileges the mill men have enjoyed for
the past twenty-five years. The commit
tee has decided to amend the rules govern
ing milling in transit. By extending the
time limit to ninety days for Che forward
ing from milling points of milled products
of wheat delivered 10 the mills during the
1895. This rule Is limited exclusively TO
wheat products. and will not change the
present time, limit of thirty days applying
the milling products of corn, oats and
barley. As under the foregoing rule, the
wheat received at milling points Sept.
ECZEMA 8: &! j;