The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-07-29

City, Clinton & Springfield John A. SAL
gent, his predecessor, has resigned 10 &C
cept the position Of general freight agent
of the X. c., p. & e.
The reduction of suburban fares by the
lake Shore out of Chicago has had no
appreciate effect in winning back the
business taken from it by the trolley lines.
and Il is now said the Fort Wayne line
will NOT follow the Lake Shores lead in
Offering reduced fares.
The c., II. & 4. announces excursion
rates on the certificate plan as follows:
Aug e-I7 Ohio conference of Seventh-day
AdVentists at Ffndlay. o.; Aug 1921. So
ciety of American Florists, Cleveland. o.;
Aug. 21-31, Indiana Conference of Seventh
Birth Abraham Grand Lodge of the
United States. Albany, y. Y; Aug. 1870,
American Microscopical Society. Pittsburg.
Pa: Sept. Ill. American Library Associa-
ton, Cleveland. o.
There is an unofficial statement that the
O.. II. & d. has made arrangements with
the Nickle-plate and the Glover Leaf 10
Interchange mileage books. When the
Joint Traffic Association abolished the in
Interchangeable mileage IL was promised. or
at least understood. that an acceptable
form Of fve-thousand-mile tickets would
be put on the market. This has not been
done and 1t is not likely TO be-. If the
rumored arrangement between the above
named roads goes into effect IL may lead
TO the re-estabiishment of the old system.
The tests made by the spoilers of the
Western Lines Mileage Bureau at Chicago
shows the market is pretty well cleared OF OF
manipulated mileage. Since June %
twenty-seven mileage books have been
purchased in scalping offices. twenty-one
of which were regular commercial or re-
fund books and six advertising. The books
bought up on the street since June % were
issued by the following roads: Chicago
Great Western, 2; Chicago & Alton, 2; Wa
bash. 2; Rock Island. I; Burlington, 2;
Paul. Minneapolis & Omaha, Z; st. Paul,
4; Illinois Central, 1.
The reduced rates on corn from the
Northwest 10 the seaboard have started an
unprecedented movement and there Is a
car famine imminent as well as a blockade
on some of the roads. On the other hand
1t is stated that +. ID. Armour has about
1000. 600 bushels cribbed on the Chicago,
Milwaukee & st. Paul system which he
declines to move at present and will hold
trolling about 5000. 800 bushels, relying
upon the Judgment of Mr.. Armour, will
keep their holdings off the market also.
Reports from that region indicate an in
different corn crop this year, and all farm
ers who can will hold on to their old corn
in the hope of securing a better price.
On Monday next the people of Cincinnati
will vote upon the question OF selling their
road, the Cincinnati Southern. TO the Gin
cinnati, Hamilton & Dayton and the
Southern railway. There has been an I'M
preston that the transfer of the property
by the city could not be completed under
ninety-nine years. On the contrary. the
necessary legal formalities are completed
and the deed will bear date Oct. ], 1896.
The purchasers give the city hrst-mort-
gage bonds for S19, 900. 000, bearing 4 per
cent, n payable in 1896. They are TO pay
the city in cash $40. 900 yearly for six years
and thereafter a sum equal to 10 per cent.
of the gross earnings in excess OF $4,000. O0C
per annum. The purchasing company
yearly in improving the property for the
first eight years.