The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-04-18

the trainmasters and yardmasters located
on other divisions of the Pennsylvania
lines the officials are being sent TO that
point.
Engine 20S, on the Cincinnati Hamilton
* Dayton, on Saturday night hauled train
80. consisting of five vestibule cars. from
Indianapolis to Cincinnati, 124 miles. in two
hours and thirty-five minutes, making four
stops. This is the best record ever made
with one Of the Cincinnati, Hamilton *
Dayton regular trains between the points
named.
An official of the Wabash says that after
the completion of the branch from Toledo
TO Montpelier the company will be in a
much better position to handle the lake
tonnage from Buffalo and the East which
is transported by the companys line OF
boats and has been heretofore sent by way
of Detroit. The new line Will in no way
affect the trunk-line rate situation, al
though it is quite likely that 1t will unsettle
rates between Toledo and Chicago, which
are practically controlled now by the Lake
Shore.
For the first quarter of the year the total
earnings of los systems OF railways aggre-
gate $153, S43 99S. gain of 1872 per cent. over
the same period year ago, following a
gain of IA per cent in 1899 over 1898 ana
marking progressive increases for num-
Der of years past In every group but one
the increase shown is in excess OF 1O per
cent, and from this increase, reported by
the Southwestern roads, the gains mount
up 10 SuCn increases as 10 per cent. ny thc
Pacific and the coal roads and 1914 per cent.
by the central Western and Southern
roads.
Sylvester II. Kneeland. former president
of the Toledo, st. Louis a Kansas city
Railroad COmpany-the Clover Leaf-hled
| a petition in the Federal Court at Toledo,
o., yesterday, seeking to prevent confirma-
ton of the recent sale of the property 10
the first mortgage bondholders. Kneelanc
asks that the sale be set aside, alleging
that Messrs. Armour, Quigley and Have
meyer, three of the companys directors,
entered into a conspiracy In 1893 TO wreck
| the property and freeze out the petitioner.
Late in the afternoon Judge Thompson
formally confirmed the sale of the prop
erty.
The speculation In Chesapeake & Ohio
has kept alive rumorS of consolidation
| with the Big Four. 1T is quite certain"
| says the Wall-street Journal. that this
matter has been under consideration at
times, and 1t may be brought about. but
we are told that the chances for speedy
developments in this direction are less than
they were Indications now are thought
| to be that the Big Four will be distinct
ly Vanderbilt property. perhaps In the own
ership of some of the other Vanderbilt
companies, while Chesapeake & Ohio is
more likely to be regarded as a Southern
trunk line included in the community of
cwnership-the t-Pennsylvania
combination"
| The payment of commissions. says the
| Kansas City Journal, is being continued
under another name. Coupon ticket agents
| and brokers are being paid salaries, the
amount of which is regulated by the bust
ness they have turned over to the roads
paying them during the previous month.
| This is just much a breach of agree
| ment as If the payments were called COM
missions, because the presidents agree
| ment was particular TO specify that re-
Enumeration should not be paid in any shape
or form. The payment of these commits
sions is having marked effect on the bust
| that ii is claimed the action cannot be
| ignored. One strange part of these reports
| is that some of the strong lines are ac-
| cused of having taken the initiative In
| making the payments. 1T is said there will
be vigorous investigation into the mat
| ter.