The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-01

more will be DONE and two hundred men,
with construction trains, are employed on
the work at that one point.
The new management of the Colorado
Midland will take charge Nov. ]. Next
week d board of officers Will be elected. Re-
ceiVer Ristine was in Chicago Yesterday,
and when pressed declined to 6sny or con-
firm the report that he was to be elected
president, but such is the general belief.
A connecting link of the Missouri, Kan
sas 81 Texas has been completed north of
Waco, Tex, and a traffic alliance effected
with the Texas Central which viii perma-
nently divert to the Missouri, Kansas &
Texas a large traffic. The shipments of cot
ton this season alone will reacn at least
600 bales as g. result of the new alliance.
The legality of the refunding schemes
which the Illinois Central and the Chicago
& Rock Island have proposed to security
holders is questioned by some of the Sc
curity holders who wish to prevent the re-
funding plan beng made effective. 1t is
claimed that the statues of Illinois pro-
hibit the taking up of bonds before ma
turity
A movement is on foot looking to the cur
failing, next year, of Sunday excursions at
the low rates if not doing away with them
entirely. President ingalls, Of the Big
-Four, and Vice President McCrea. of the
Pennsylvania lines, seriously question the
running of such excursions as being for the
best interests of the lines, fearing that 1t
cuts into regular business.
The bondholders' committee have. by the
ADVICE of counsel, refused TO accept the
offer of the Columbus & Cincinnati Midland
1OIHDdIy LOT the pap 114Sill VI III -
mortgage bonds, coupons OF which were
due July /, 1856. The committee claims that
the offer is not acceptable, and therefore
bonds held by it will not be presented at
this time.
A call was issued yesterday for the reg
ular meeting of the Central Passenger As
next Wednesday. There is a long docket
prepared for the meeting, but the majority
of the subjects that will come before it are
of a routine nature. Most OF the ume or
the meeting will be taken up with applicd-
tions for reduced rates made by various
meetings.
A meeting of the executive committee OF
the Western Passenger Association was
held in Chicago yesterday for the purpose
of perfecting the details for placing the in
Interchangeable mileage tickets on the mar
ket at the earliest opportunity. 1t is hoped
that the Sebastian form of ticket Will be a
success from the start and the roads are
taking every precautlon 10 avon any lrOu-
bic in handling the tickets
The train dispatchers' sheets of the Big
Four show that the three fastest trains on
the system during the month OF september
reached terminals on exact schedule time,
namely, the White special. which makes
the run from Cincinnati to Indianapolis IN
two hours and forty-fve minutes, the
Knickerbocker express from st. Louis to
Cleveland and the Knickerbocker express
from ST. Louis to Cincinnati.
The net earnings of the Burlington ~ road
for the month OF August were $7SS,l25, an
increase of $344,276 over the same month or
last year. For the months of July ana Au-
gust the net earnings have oeen $Ss2,s2u1 IN
period of the preceding hscai year. Inc
increase in the net earnings for tho Two
months is in the face of an increase OF $685.
G67 in the operating expenses Tor lnat
time.
o. P. McCarty to-day takes charge as gen
eral passenger agent of the Baltimore q
Ohio Southwestern, a position ne le1t OWING
to some misunderstanding between hlmseI
and a superior officer two years ago, ana IN
his reappointment the passenger fraternity
Ta(Nn hne
dicated and wish him success. 1t is stated
that John Chesborough, who retires mas
been offered a good position but belore re-
Stunning official duties VIII take d soou rest
It is stated on good authority that Gen.
Orlando Smith, whose term as representa-
tive of the Baltimore & Ohio Railroad IN
the board of managers of the Joint franc
Association expired yesterday, will resume
his seat to-day as representative OF the LIE
high Valley system. In this event vice
President Garrett, of the Lehigh valley,
will give his undivided attention to the
supervision of the traffic department OF the
company with headquarters at the general
office in Philadelphia
The board of directors of the Nashville,
Chattanooga & st. Louis Railroad has au-
thorized President Thomas to close the deal
for the purchase of the Middle tennessee d
Alabama, an uncompleted road running
from Shelbyville, Tenn, to Decatur Ala
Thirty-two miles are in operation. The pur-
chase will be completed at once. The road
TO be purchased connects with the Nashville,
Chattanooga a. ST. Louis at Shelbyvllle ana
crosses the Fayetteville brancn at fayelte-
Vile. The price to be paid is not stated, out
is reported to be more than $250,OOO.
Colonel William Shaw, district passenger
agent of the Chicago, Burlington IL Quincy.
is in the city. The last month he mas peen
travelling over his territory a good deal,
and he says he never has known business
to improve so generally in so short time
as in the last sixty days. Not only is this
true Of his territory, but other passenger
officials in other sections make similar re-
ports. The yellow fever scare in some or
the Southern States has for the time being
turned seekers of pleasure from Southern
resorts to Pacific coast points and has per-
ceptibly increased travel over the trans
continental lines.
An e>Dert master mechanic in speaking of
the Monon's new engines. Ill and III, said
he was confident that these engines would
vet make the fastest speed record OF any
vet built by the Brooks works. These
works still hold the record as to high speed.
A day or two ago Engine Ill, hauling four
vestibuled cars. made the run from Frank
fort to the Belt road, Indianapolis thirty
miles at an average speed of mile every
fifty-four seconds This piece of track Is
perfectly straight, was recently laid with
new steel and is finely reballasted. Still,
the engineer says he thinks Engine III will
considerably improve on that record. as In
all its parts the newness has not yet worn
off.