The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-12-21

is claimed that saving Of 40 per cent. is
box.
A dispatch to the New York Evening Post
made here that Samuel Sloan will retire
/ from the presidency of the Delaware. Lack
aWanna q Western Railway IN FEBRUARY
and: It Is added, he will be succeeded by
William F. Halstead. now second vice presi-
dent and general manager.
The board of managers of the Union Rail-
way Company held their monthly meeting
yesterday. r. 3. Turner. general superin-
tendent of the Cincinnati Hamilton &
Dayton acted as chairman. All business
transacted was of a routine character and
of no interest to the public Several impor-
tant matters were postponed until the meet
ing in January.
Rumor still has it that the Norfolk e.
Western will soon pass under control of one
or the large systems One rumor is that
the Pennsylvania will get control of 1t, an
other is that the syndicate which controls
Fink, of the Norfolk & Western, does not
deny nor affirm that there is any change in
ownership probable.
The Pennsylvania Railroad, which is now
eclipsing all records in volume of freight
handled, on Saturday morning had between
Pittsburg and Philadelphia east bound, TO-
l2O loaded cars, and made Sunday cleaning
up day, handling more loaded cars than on
any previous day in the companys history.
and yet at some points there is more or
less of a congestion of business.
The situation between the Illinois Central
and the authorities of New Orleans is as
Stunning a serious phase. The franchise by
which the road reaches the docks expires
soon, and the City Council refuses to renew
it on equitable terms. The company has
spent millions of dollars in building its line
to New Orleans and improving its dock ia
cilities, expecting to make that city great
export point.
The directors of the Union Pacific Com
pany met in New York yesterday, but trans
acted no business of public interest. An Off
cial of the company says there is no founda-
ton for the report that the road has, closed
a traffic agreement with the Chicago &
official authority, that the Union Uacific
has not bought and does not intend to buy
the Chicago & Alton Railroad.
A farewell banquet was given last night at
the Grand Hotel by some of the leading
citizens of Cincinnati to Capt. w. w. Pea
body, who has recently resigned from his
long service with the Baltimore & Ohio
Southwestern Railway, and is about to go
abroad for rest and in hope of restoring his
failing sight The dinner was full of warmth
of expression of the hign appreciation of
the honored guests value as a citizen.
A strong effort is making to induce the
freight representatives of Eastern lines to
rescind the action by which a difference in
rates on corn from st. Louis for export was
made as compared with Chicago. The Chi
cago roads want the 16 per cent. higher
late of the year past, to be continued from
grain will go by the gulf ports rather than
via the roads east from st. Louis. A meet
ing Will be held in chicago tomorrow TO
consider the matter.
President A. E. Stilwell. of the Kansas
City, Pittsburg d Gulf, said yesterday that
arrangements have been concluded for a
consolidation of the company's three North
ern branches, the Kansas City & Northern.
connecting the Omaha, Kansas City & East
ern. and the Omaha e. ST. Louis. The con-
solidation will probably be known as the
Chicago, Kansas City & Gulf. Trackage
rights will be obtained over roads entering
Chicago, so that only fifteen miles of new
track will have to be built.
The first order from an English railroad
to be received at the Schenectady IN. W
locomotive works calls for ten mogul
freight engines which will be built for the
Midland Railroad. The machines will be of
the American pattern, with cylinders
eighteen inches in diameter, with twenty
four-inch stroke, and fitted with all modern
appliances. A shipment of twenty-seven
locomotives has just been completed for the
Nippon Railroad of Japan, and the works
are running day and night with force of
2,G00 men.
The postponement of the annual meeting
of the Toledo, st. Louis q Kansas City I'M
til yesterday turns out to have been for the
purpose of infusing new blood into the di-
rectorate. Four new men were chosen
Grant b. Schley, James S. Stout, j. f.
Clinch and ]; s. Bache. all Of New York.
Those reelected are Frank II. tombstone
and Charles S. Miller, of Franklin, Pa. The
new directors are believed to represent the
Wall-street syndicate which is trying to
raise $13,000,000 to reorganlze and extend the
property.
e. F. Cost freight traffic manager of the
Big Four lines. YESTERDAY issued a circular
announcing that the headquarters of Mr..
Joseph Heavy, division freight agent, will
be removed from Benton Harbor, Mich, to
Indianapolis He will continue in charge of
the Michigan division, and agents on that
division will report to him at Indianapolis.
Agents on Indianapolis division, Indianapo-
lis to Union City, inclusive. who have here
A G. f. A., cleveland, o., will after Jan.
report to Mr.. Heavy, his jurisdiction hav-
ing been extended to cover those stations.
He will have charge of Indianapolis city
business.