The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-08-25
ADVANCE IN CORN RATES
RESTORATION OF OLD FIGURES NOT
a SURPRISE TO SHIPPERS.
The Big Four TO Buy 1000 New Cars
LouisviIIe-St. LOuis Line.

The following circular concerning the res
toration of east-bound rates on shipments
Of corn has been issued by the Joint Traffic
Association:
AT meeting of the board Of control it
was recommended that rates upon export
corn, in carloads, minimum weight as per
official classification, be eStaDllsned on the
basis of 20 cents per 100 pounds, Chicago to
New York, with usual differences TO otner
seaboard cities. effective Monday, sept. D.
1897 and continuing in erect until with
drawn modified. Under the foregoing
basis the rates upon export corn, In car
trunk lines INCLUDING Buffalo, New York
and the Niagara frontier, to new YORK,
n. Y. Boston, Mass; Philadelphia, Pa,
and Baltimore Md shall be the same as
the rates established on corn in carloads
for domestic consumption, effective Mon
day, Sept 6, 1884, and continuing IN erect
ur til withdrawn or modined.
This advance is not a surprise, as it was
expected by shippers that the present low
rate could not be lasting, and that as soon
as the season for the lake craft to cease
doing business arrived such an advance
would come, but it is announced little
earlier than had been looked for. 1t is
thought it will not check the movement of
the old corn crop should prices remain as
high or possibly reach higher figures in
the near future.
Connecting the Brice Properties.
Railroad officials are watching with more
than ordinary interest the movement Of
the Brice syndicate. The Brice people are
now negotiating for entrance into Pittsburg
from Akron over the Pittsburg & Western,
and it is evident that the Brice people are
shaping matters to do some business over
the several lines they have been securing
an interest in during the last three years.
Mr. Brce now has men out trying to secure
the right of way in order to get into De-
troit over an independent line instead OF
going over the Wabash as is the method
employed at present. There has been some
little rumor that Brice has in view more
general traffic arrangement for several
lines in connection with the Lake Erie &
Western, but this cannot be traced 10 re-
The Lake Erie & Western is Brice's most
important road but the Northern ONO, an
auxiliary line leased in perpetuity, is one
of the poorest roads in Ohio. However, the
two lines will eventually form an eXcellent
system from Peoria, Michigan City ana In
danapolis to Pittsburg via the P1ttSburS q
Western. The lines that form the Brlce
system are: Lake Erie q Western, North
ern Ohio Cincinnati, Jackson ~ Mack1haW,
now divided, forming the Cinclnnau Nofth-
ern and the Detroit, Toledo 81 milwaukee,;
Lima Northern, Ohio Southern, Cleveland,
Akron 6, Columbus.
When Mr.. Brice carries out his present
plans he will have a thorough line from
Milwaukee. Detroit and Chicago Ceased en-
trance) to Pittsburg. The reorganization
will give Detroit another railroad to the
Ohio coal fields. 1t is said that the reorgan-
ization will increase the earning power OF
all the Brice properties, excluding the
Cleveland Akron a. Columbus Railroad,
which does not seem to be included in the
plans 1t is stated that the Pittsburg con-
nection would hardly give the Cleveland,
Akron & Columbus road the right TO carry
passenger business from this city to Pitts
burg as the company is depending upon
line for Cleveland and Columbus terminals.
Or the first of September the general offices
of the Cincinnati Northern, a line recently
acquired by the Brice people, will be re
moved to Van Vert, which will thereafter
be the general headquarters.