The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-10-17

Board Of Arbitrators to BE Formed.
The Central Passenger Association, at its
recent meeting, decided to form a board of
arbitration to consider irregularities on in
terterritorial tickets. The Cleveland Leader
says: THE movement has gone so far that
committees have been appointed in both the
trunk line and the Central Passenger As
ISOLATION territories. In fact, the move
ment originated East and was transmitted
to the G. p. A by Commissioner Farmer.
1t was upon receipt of his communication
that the central body took the matter up.
1t seems that there have been a number Of
instances where agents have gone beyond
the rulings of both associations in their
routings of business. In this routing they
have also overturned the arrangements for
the division of the fares received. The ex-
perience of the different officials has been
that complaints made about these irregu-
larities have resulted in prolonged discus
sions between the lines interested, and. not
having a committee or board to which
these matters might be referred, the SUBJ
ject has worn itself out in the discussions
and nothing whatever has come of the
cases. The officers of the lines in the two
associations have become weary Of falling
to settle these irregularities, and have de-
cided to provide the means of relief which
have been so long wanting. 1t is suggest
ed that a board of arbitration be created
to settle all of these cases. The board WILL
of course, not meet for a single case. unless
1t be an aggravated one, but several cases
will be taken up at once. The Trunk Line
posed of j. r. Wood, George H. Daniels
and d. B. Martin. and the Central Passen-
ger Association has appointed E. 2. Ford;
| meet shortly after the session of the Cen
| eral Passenger and Ticket Agents Associa-
ton and will map out their plan. A board
| of arbitration will likely be created
Bad Showing by the Lehigh Valley.
The annual report of the Lehigh Valley
| Railroad for the fiscal year ending June
30, 1902, has been made public. The date Of
the close of the fiscal year having been
changed from Nov. 30 to June 80, the report
covers period Of seven months. Owing to
heavy floods during last winter and the
spring of this year, and the strike in the
anthracite coal regions, the report states
/ that the results of railroad operation pre-
sent an unfavorable showing. The loss
| suffered by the railroad lines in gross rev.
| enue from these sources was $3,O00,0O0, In
addition to the cost of repairing flood dam
ages, estimated at $SS6, 900, in which $562, 900
is included In expenses of operation to June
30. The earnings from operations were $12,
b4O,4o5 expenses and taxes, S11.5O6 ia; net
earnings, 81, 161, 74; earnings from water
lines, $3.50. 2O9; expenses. $926.0O9; net loss of
water lines, s95,S0O, leaving net earnings 81,
| OBS, 941, to which is added income from other
| sources, $545, 734, making earnings $.5S1, SIC,
less s223.591 interest payable and surplus
| earnings due controlled companies, making
| total income $1,35S, 0S4; proportion of fixed
| charges, $S,47S, 799; deficit for seven months,
| S2,12O, IA.
The results of the operations Of the Lee
| high Coal Company for the seven months
| show: Earnings and income all sources,
| SIC, 507, 031 expenses and taxes, $11, 07i III
| Showshoe and DelanO bond interest, Si2, S45;
| deficit, s31O.525 The total production of
| anthracite coal for the twelve months end
ing June 80 was 5620,S 72, as against :, 779, 166
| tons for the year ending June 30, 1901.