The Indianapolis journal., 1896-06-04

corporation. The capital stock is S,OVV,UVV.
The road was located by British capitalists,
who. two years ago. abandoned the project.
l. Rush Brockenborough. who has. just
taken charge as general manager OF the
Baltimore q Ohio at Cleveland, viii have
| traffic of Cleveland and the territory trib-
utary to the Cleveland Terminal S Valley
road.
Master Mechanic. Doeble, of the Wabash is
| going over his division, riding on an engine
| for the purpose OF ascertainirg the compe-
tency Of the engineers. He will make trip
with all engineers under MS jurisdiction, ano
mark them up for promotion, II found COM
petent.
The Cattle Raisers' Association OF Texas
has taken up the fight against the exaction OF
g switching charges at the Union Stock
| correspondence Is being exchanged between
the association and Chairman MiGgeley on
| the subject.
Oscar Murray, vice president and receiver
| OF the Baltimore & Ohio lines, is on a
| Western trip. Yesterday he was In Chicago.
his movements are watched with good
timore & Ohio is now making greater strides
history.
The condition of Thomas Peck. assistant
e. Hooking Valley. who was injured by a
piece of iron. which struck him when the
engines collided at Buckeye Park, is still
quite serious. He Is being cared for at a
private sanitarium at the expense OF the
company.
Western roads have agreed to make round-
trip tourists rates, available in Eastern
National % Eeectc M Medieai hs sss Association Ia ns
which Is to be held I'm Portland, Ore, June
l6 and Is. This rate will be added to one
fare for round trip west Of st. Paul and
Minneapolis.
A freight official Of the Pennsylvania is
quoted as saying that even little courtesies
to shippers have been abandoned. Freight
hn aHd dnH No xrf+ n
shipper out to dinner, and as for promising
anything TO shippers, winch might seem 10
wholly out of the question. Every freight ofi-
cal had now TO work on the merits OF his
line.
1t is stated that there will soon be a
number OF changes on the pandalia. Harry
Miller is to be appointed general suoerin-
tendent of the VandaiEl line with head
quarters at Terre Haute; Benjamin Nc
Keen, superintendent of the Peoria division,
Is 10 be appointed superintendent of the
main line. vice Mr.. Mijier, and Train Mas
ter Campbell is TO succeed Mr. McKeen on
the Peoria division. SO far as Mr.. Miller Is
concerned. the change has seen practically
announced. @
A member of the be cara of managers of
the Joint Traffic Assoc CT atom is quoted as
saying that there is reason for believing
that the clause in the Joint traffic agree
ment providing for AN equitable distribu-
ton OF business will be pvt into effect now
that the agreement has s. en- declared legal.
This clause In reality provides for a pool
Under the law there can be no settlement
or balances with money. but goods not
routed can be turned over D roads running
behind, and rates can be adjusted SO as TO
influence the course of traffic.
The annual meeting of the Chicago &
Eastern Illinois road was held at Chicago
members of the executive committee were
Reelected unanimously. The financial state
ment for the ten months ending April 80
showed gross earnings Of $S475,329. an in
crease of $S49,597 over the same ten months
or the preceding fiscal year. The net earn
ings were a.54s,07s. an increase Of 1891, ,439;
TIE net income OF the road from all sources
was 1885,, ,046. an increase Of $377, ,961. The
surplus Of the road is now $780, ,062, an in
crease of 1851. .764. A dividend of ~ per cent.
was declared on the preferred stock Of the
company, payable July /.
The Chicago-St. Paul lines held a meeting
In Chicago yesterday to consider the ques-
ton OF meeting the competition Of the 500
line on east-bound business. A committee
was appointed to arrange for a meeting with
the lines OF the Joint Traffic Association for
the purpose OF getting the latter to join with
them in meeting the reduced rates made by
the 500. Commissioner Blanchard, of the
Joint Traffic Association. is trying to ar
and the meeting VIII likely be held in New
York next week. II the Western roads fail
TO secure the cooperation of the Eastern
there Is nothing for them to do but to sit
still and see that road get the greater part
Of the traffic from the Northwest to the At
lantic seaboard.
AT the annual meeting of the stockholders
OF the Chicago, Rock Island & Pacic
yesterday, the following officers were
elected for the ensuing year: r. r. Cable.
president; BENJAMIN Brewster first vice
president; W. G.. Purdy second vice presi-
dent, treasurer and secretary; w. H. 'Trues-
dale, third vice president. George T. Boogs
was appointed assistant treasurer and as
sistant secretary at New York; J. F. Phil
lips, assistant treasurer and assistant Sec
retary at Chicago, and c. f. Jilson assist
ant treasurer at Topeka. The annual state
ment of receipts for the year ending March
81, 1885, show: Gross earnings S17359
65S. OF which s4,445s s52 was passenger and
$ll, 1b9,0l0 freight, decrease of S61 1853 as
compared with last year; operating ex-
penses, $1o.9T7,3 32l, a decrease of $S6S 0fe;
taxes. SSS9,272; net earnings, $5,493,059, an
increase OF S7545o4.