The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-21

of $3SSs4.70. The lines earned the first two
weeks OF the month $50 .02 more than IN
the corresponding fifteen days of last year.
]. A. DAILY. contractor at Nevada, Mo-,
was on Tuesday awarded the contract 70
build the new shops of the Missouri Kan
sas q Texas at Sedalia. The contract calls
for the erection of eighteen different build
ings, and they are to be ready for occu-
pancy by April /, 1888.
As reorganized the Philadelphia & Read
ing fixed charges are 81 100,@e1 less than
under the old order of things. and its coal
shipments for some weeks have been 50 TO
81 per cent. in excess Of those at the corre-
spending period last year. In other classes
OF freight it's earnings are handsomely IN
excess of those Of last year.
Sir William Van Horne president Of the
Canadian Pacific, is now making his annual
inspection trip of the system. He confirms
the statement that this company will put
on trst-class line of steamers between its
terminal TO the Yukon, and will also con-
struct railroad from Robson to Frazee
river via Boundary creek.
The tenth annual convention of the Grand
Lodge international Auxiliary to the Broth
erhood of Locomotive Engineers will be
held in Chicago Thursday, Friday and Sat
ufday of this week. Elaborate prepara-
tons for the entertainment of the three
hundred delegates who win come from ev-
cry, State in the Union and from Mexico
ana Canada are being made by the local
representatives of the order.
The meeting of the executive officers of
the Western roads, at Chicago which was
held for the purpose of seeing If something
could not be done in the way of killing off
the unauthorized freight tariffs that have
been in effect on the Western roads
for some time, has been compelled to give
up the idea for the time being and the
tariffs will remain in effect as heretofore.
Old relations have been re-established be-
tween the Union Pacific the Oregon Short
line and the Oregon Railway and Naviga-
tlon Companies. The agreement provides
a raYtfi .<F at11
traffic relations which were in force prior
to the troubles which began on Sept. 70
last. The Chicago and Portland train serv-
ice Via the Chicago & Northwestern and
Union Pacific will be resumed on Sunday.
The through service to Portland via the
Rio Grande lines, however, will be con-
tinued.
Probably there is no thirty-eight miles of
often at very high speed as that on the
Indiana, Decatur & Western between
Roachdale and Indianapolis. There is hard
ly day that the distance is not run in
thirty-six to thirty-seven minutes, and
OFTEN quicker The train consists of only
one passenger car and a combination car
turned over to the l., d. & w. by the
Monon at Roachdale, and the train is
hauled by light locomotive of Grant build
which is kept in perfect order.
Large blocks of stock of the Pennsyl-
wanna road are now daily changing hands,
and it excites some comment in Eastern
financial circles. The stock is now selling
at Sis per share. This stock, despite its
gilt-edge character, sold as low as 1882 in
the early part of this year, and it was not
many months ago that there was a Wall
street story afloat to the effect that j. p
Morgan had a plan which contemplated a
receiyership for the company in order to
complete his domination of the trunk lines
running. west out of Jersey. City. That
story died early death, however and
now Mr.. Morgan is reported as the inspira-
ton for recent buying of this stock on its
break from the high point of 1l9.
Every day strengthens the belief that the
Union Pacific, when sold will pass under
control of the Vanderbilts the plan of pur-
chase being engineered by j. Pierpont Nor
gan. Thirty-three million dollars in cash is
one of the requirements at the onset, and
those who have that amount to advance
have been found to be the Vanderbits,
| through the j. Pierpont Morgan syndicate.
Should the Vanderbilts on Nov / bid in
the road at the. foreclosure sale it would
make the Chicago 81 Northwestern, now
controlled by the Vanderbilts, and the roads
controlled by the same parties east of Chi
property, as much larger volume of BUSH
ness would be assured to them than they
even now enjoy.
Pittsburg Post: Saturday night and
early Sunday morning the Pittsburg divi-
sion of the Panhandle was literally filed
with trains. During one period of time
there We're eleven miles of trains between
P1ttSDurg and Newark, all moving east
ward. Train after train pulled up the Idle
wood grade and dropped into Ingram, and
II was constant roar and puff and rush Of
wheels for thirteen hours. From Carnegie
70 sheridan the numerous coal trains
helped to crowd the road with traffic.
Trains 20 and Il ran around over one hun
dred sections of freight between Pittsburg
and Dennison. If the present heavy traffic
continues for the rest of the month the
ceeding all past records. 1t is now con-
Guided that the gross earnings for this
month will amount to $1,700,000"
In the present great fight between the
hn fIFrrsax kfk...-
has beer noticed that the trend of public
sentiment IS all on the side of the rail-
roads. One New York paper explains this
on the ground that while all the railroads
have tried to do something to show their
appreciation of the friendly attitude of the
press, the brokers have never done anything
and have even gone so far as to express
their contempt of newspa pers. During the
past two weeks the newspaper offices have
out by the different railroad companies
calling attention to the laws enacted
against scaipers, and also to the fact that
they have never been friendly to the news
papers. Whether or not the last statements
are true, it appears in this case the rail-
roads are having the best of the fight and
are using every advantage in their power
TO show that they are on the right side
and the brokers on the wrong side of the
mileage book problem.
The Seabord Airline has once more
thrown down the gauntlet to its Southern
competitors. 1t made the announcement
recently that on Oct. rs 1t would make diff
line, and asked connecting lines to take the
reduced rates in making through rates over
its line. In it's circular the Seaboard COM
plains of discrimination against its interests
and against the interests of its patrons by
competing and connecting roads in the
South Having been unable to obtain re-
dress 1t has determined, for the purpose Of
equalizing the disadvantages under which
it operates it's fast mail and express trains,
TO adopt similar action to that taken by the
trunk lines between Chicago and New
York. st. Louis. Cincinnati and other cities.
The Seaboard Airline, not content with it's
action as TO passenger rates, has inaugu-
rated freight war by making a reduction
of S31a per cent. to all points reached by it's
line. This fresh onslaught on it's COMPETE
tors is said to be the outcome of the at
tempt made at n recent annual meeting of
the stockholders of the road to GUST r. c.
Hoffman from the presidency, when the
courts were appealed to to prevent the
! voting of the stock relied on to accomplish
the purpose.
Son Finds His Father Dead.
William Thomas Caruthers, aged about