The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-04-30
6 Denver and probabry the colorado MId

& Denver and probably the Colorado Mid
land.
During the six months ending Dec. 81
the Chicago Great Western expended for
maintenance of way and renewals, $4yl 800
The New York Sun has Information that
when control of the Colorado & Southern
is secured a part of its line Will be dis
posed of to the Union Pacific.
The election of S. r. Galloway. of the
New York Central. as a director of the
Rutland Railroad gives the former com
presumed to foreshadow the acquisition of
the latter road by the Central.
Earnings of forty-three roads for the
third week in April increased SaH per cent,
compared with 7.S0, 5.31 and 1853, respec-
Southwestern roads show the largest gains
and Eastern roads the smallest.
The Santa Fe continues to show phe-
nomenal prosperity. The report of gross
earnings for March shows an increase of
nearly $4,000, making the gross earnings
for nine months of the current fiscal year
considerably more than $%5,O00,ooo.
The earnings of the Peoria &c Eastern
for the third week in April were $42,69l.S3.
Il decrease of $3.025. 26 as compared with
the corresponding week in 1900. For the
first three weeks Of the month the earn
ings were $135,0l5 20, a decrease of $2l. 053.5I.
The United States Circuit Court at Omaha
has held the Nebraska maximum freight
rate law TO be unconstitutional. The effect
of the opinion is 10 debar the attorney gen
eral from prosecuting cases for the collec-
ton of fines and Assessments aggregatiGg
$3.50, 600.
The regular mail trains Of the Toledo
& Ohio Central and the kanawha x Mich
igan railways ran yesterday Tor the hrSt
time since a week ago Saturday. The de-
lay was caused by washouts at Arbuckle,
w. Va. and between Rutland and Middle
port, O.
The report of the Big Four for the third
week of the month shows earnings TO be
$S06. 720.69. a decrease of $6,225.O2; and for
the first three weeks of the month aggre-
gate earnings of 1921, 997. 45, a decrease or
$40. from the corresponding periods
last year.
The stockholders of the Lake Shore <
Michigan Southern will hold their amman
| meeting in Cleveland tomorrow. a syn
opsis Of the report 10 be submitted by
Chairman Depew and President Newman
was given in the Journal OF yesterday
morning.
| general manager of the Wabash Railway,
accompanied by Robert Blickensderfer,
president and general manager OF the
ledo yesterday for q two days inspection
trip over the latter road.
A Boston special says indications are
that the directors of the Atchison. Topeka
& Santa Fe will declare a dividend on the
| common stock. payable from the earnings
Of the past fiscal year at their meeting on
the 9TH prox. 1t is not known whether
the Q1VlOSnQ VIII De OH a . y 4 per Cit
basis.
The 500 line is planning an extension
from Wishek, n. D.. a point $50 miles from
Minneapolis. scuthwesterly 10 the MIS-
souri,. Surveys have been completed and
work Of construction VIII be carried on
during the summer The management say
there is no purpose TO invade territory al
| ready provided with railroad facilities.
The Northern Pacific Railroad has served
notice on the Tacoma Eastern Railroad 20
discontinue building from Tacoma TO the
Nisqually coal fields. thirty miles south.
The Tacoma Eastern is heading towards
&c Columbia river. where connection Will De
made with the Union Pacific. The officers
nave oeen no1hed tn Mnrth II ,ne p aoaa u wtIi
build parallel lines from the southern ena
OF it's Orting logging branch, at Lake Kip
owsin, into the same territory. III the
Northern Pacific offers To reimburse II for
all expenses incurred up to the present.
The wall-street Journal of yesterday
says: The impression prevails In many
| quarters that Chicago & Eastern Illinois
has purchased a large block OF Evansville
& Terre Haute stock privately and has
recently been picking up more In ne open
| market. with a view TO securing absolute
control. Other roads are also spoken or
as seeking control. including the Louisville
& Nashville, the Big Four and the Penn
sylvania. is hardly probable that all or
these roads seriously consider the matter
OF purchasing Terre Haute. but on ac-
count OF its geographical location there
Is something in the contention that the
line could be used advantageously by more
than one OF them
Ii Is reported from San Francisco that c..
Nj. Hays, president OF the Southern Pacific,
IL about to introduce a radical change In the
management Of the system. He Will form n
cabinet OF advisers. TO be composed OF the
heads OF practicaIy all the principal depart
ments Of the road. with the exception OF the
law department. The object OF this cabinet
arrangement is TO centralize the authority
and responsibility. BY this means President
Hays will have q irmer grasp on the details
OF operation OF the vast system. and all
orders will be issued directly by him after
consideration by the cabinet. II Is under
stood that the cabinet will have no author
ity 10 interfere with the president, but the
| members I'm reality will be advisers 20 the
president. who Will be responsible only 10
the board of directors. IL Is also stated
that Ii. T.. Huntington will not accept re-
election 10 the vice presidency. but that he
will continue TO be a member OF the cab
met.