The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-11-26

Virginia Central at Bellington. The work
Is to be completed within sixteen m months this
QlS miles) will be let before Feb. l.
General Notes.
The report comes from ST. Paul that the
Grand Trunk has made a bid for the Wis
consin Central and Canadian Northern.
New York Central passenger train crews
are the chief beneficiaries Of the recent
advance in wages. The office force was not
affected.
Warren Holton, travelling passenger agent
of the Chicago & Northwestern, with head
quarters az Cincinnati, was in the city
yesterday.
The members of the Central Traffic AS
ISOLATION are in session at Chicago for the
purpose of making a general REIMBURSEMENT
of freight rates.
Toronto and Pittsburg capitalists are con-
sidering the construction Of q belt electric
line through the most fruitful part of the
Niagara peninsula.
The last trips of the steamer of the
Cleveland & Buffalo Transit Company will
be made on the 18th and 10Th, the former
from Cleveland. the latter from Buffalo.
Train service on the Chicago & South
western is to be increased on the first OF
the coming month. Much work is being
done to put the roadbed in prime condition.
A report went out a few days ago that
III. H. Vreeland had been elected president
Of the New York Central, whereas he was
Railroad Club.
Officials of the Santa Fe have granted an
increase in wages to engineers and fire
men east of Albuquerque. The raise will
amount TO from 5 to 70 cents per one
hundred-miles run.
The most northerly railroad in Maine,
the Fish River line, extending from Ash
land, on the Bangor & Aroostook road, to
st. John river, will open for business on
the Sth OF December.
9 ID uufcbfpSop uyb0 racfopad hic poSt-
ton as superintendent of the Pittsburg d.
vision of the Baltimore & Ohio. to take
service with the Michigan Central, as as
slstant general superintendent, with head
quarters at Detroit, will assume his new
duties on Dec. /.
Yesterday, after the adjournment Of the
Trunk-line Passenger Committee, at New
York, the members entertained Traffic Man
ager Martin, of the b. & o., at a beef
steak dinner in return for the courtesies
extended them by Mr.. Martin at the late
meeting in Washington.
A New York Central official has found an
old time table which gives the running time
of it's lightning Express Passenger
Train,' from Buffalo to New York city, in
hours and five minutes, with fourteen
stops. which was considered very fast run
ming then.
The Western Maryland Railroad Com
pany (the Wabash system) Tuesday filed
application for the ndemnat of 1880
feet more land In the western suburbs or
Baltimore. The tract is eighty feet wide
and is required by the company to reach
the site of its tidewater terminals in South
Baltimore.
President George F. Baer, of the Phila-
delphia & Reading, yesterday denied the
| report that he has been elected president
of the Lehigh Valley, to take the place of
President Walter, who resigned last week.
When Mr.. Baer was asked whether the
report was true, he replied: mo. and
never will be-"
The Common and Select Councils of Pitts
burg are considering ordinances affecting
the Pennsylvania, the Wabash and the
provisions of the new franchises contem-
plates compelling the several roads to
grant to the others the right to use their
tracks within the city limits at a fair
rental.
Contracts will be let on Jan. 1 for the
first one hundred miles of the Denver,
Northwestern & Pacific road, the full
amount of $40, ,0J0 bonds having been
subscribed. 1t is thought at Denver that
the line will not stop at Salt Lake. but
will be pushed on to the coast. Much Sc
crecy. is observed regarding the purposes
of the company.
The largest keystone ever used In a build
ing in Chicago was placed yesterday at the
top of the arch forming the main entrance
passenger station. The keystone is a solid
block of granite weighing eighteen tons,
and the arch which it crowns has a forty
eight foot span at the base, and contains
20 tons of granite.
1t is believed not only that Mr.. Morgan
intends to put Mr.. Baer in charge of the
Lehigh Valley, but that he has in view
the consolidation OF all the anthracite in
head of several other roads. An official of
the Lehigh Valley who gave expression
ciai move, and the interests of the rail-
roads involved was a subordinate issue.
1t is reported from Denver that articles
of incorporation will soon be filed there for
" A4a r. nHlf -44I -k.-l
will be built on as straight a line as pos
sible from San Pedro harbor, on the coast
of southern California. 1t is claimed to be
a Gould project, which, when completed,
will furnish a Western outlet for the Mis-
souri, Pacific and Denver & Rio Grande
systems and also for Gould's Texas Pacific
system.
Third Vice President Provost, of the
Pennsylvania, who has charge of the traffic
of that line, denies that there is any truth
in the report sent out from Pittsburg that
the Pennsylvania will advance rates 20 per
cent. on Jan. l. He says there will be an
advance, but it will be a moderate one.
Commodity rates will be probably advanced
10 per cent. and iron and steel products s
or 10 per cent, which will be only a res
t~oration of the rates prevailing one year
ago.
Although it has been insisted that cheap
passenger rates will not be made in the
West next year, the matter seems to de-
pend largely upon the course pursued by
the Rock Island, which has not yet defined
it's purpose. Two years ago the Western
Passenger Association refused to sanction
such rates, but Passenger Traffic Manager
Sebastian, of the Rock Island, took indie
pendent action. compelling the other roads
10 follow his lead, much against their will.
The result was an enormous business for
all the roads. and it is not unlikely similar
conditions will prevail next year.
The Atlantic Coast Line Railway Com
pany is considering the issue of So. 260. 900
of new stock. This is in connection with
the financing of the purchase of control of
the Louisville & Nashville railroad. The
proposed issue is to supply the &c. O ,00C
cash which is required as partial payment
for this purchase. Such an issue means
81. 500 shares of the par value of 800 a share,
1t is contemplated TO sell this stock at sl25
a share, and at this price IL would yield
the company S1.575.0O in cash; that, after
paving the S10,O00.O0, the company would
add 81, 515,OO0 in cash to its surplus.