The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-06-23

TENDER. or there may be a community Of
interests in which the Pennsylvania and
Morgan may join with the Goulds.
a. T. swift. superintendent OF telegraph
on the Chicago, Rock Island & Paciic's
western division. will retire from that po-
sition July l and be succeeded by A. r.
Lingafelt.
The Pennsylvania ~inaugurated Pullman
~sleeping-car service between Indianapolis
and New York direct Saturday night, the
car being well filled. 1t will hereafter run
daily between the points named as an in
dependent sleeper.
Since April l there have been announced
within a radius of $50 miles of Indianapolis
eighty-six low-rate excursions in which the
public has shared, and If this thing con-
tinues it will end in 2 cent a mile, with no
reduction on account of excursions. says
a passenger official.
In the week ended June q there were
transferred over the Belt road 2O,250 cars.
Belt road engines handled at the stock
yards, l,lO carloads of live stock. and for
private switches on its lines 1.255 cars. In
the three items seldom is the volume of
business in June equaled.
A Boston paper states that a portion of
the money which the Illinois Central is TO
raise on It's new issue of stock will be paid
for control of the Chicago * Eastern Illi-
nois. 1t would require S7,197 500 to purchase
such stock at $500 per share, which Is the
lowest, IL is stated. that control can be
purchased.
W. w. Sylvester. vice president of the
Kansas City. Mexico & Orient road. has
returned from an extended trip through
Mexico. he announces the appointment of
w q. Mccormick as general agent of the
lines at Guaymes. Mexico, in charge of
forwarding of materials for the present
through that port.
1t is stated that the Goulds would pur-
chase the Chicago & Eastern Illinois as a
Chicago outlet, giving the Goulds a direct
line between Chicago, the Cotton Belt line
OF Texas and to the gulf. An offer of $50
nHr snare for ThA L1 Ctnrn TninnfC.u r1G re-
Gently refused, and Mr.. Porter. the heaviest
stakeholder, holds out for $500 per share.
The City Council of Peru, Ind, claim
that before Logansport gets a new passen-
ger station or any other improvements Peru
should have a new station and many other
improvements, ii being the most important
way station on the Wabash. Peruvians
assert that the city has always been liberal
with the Wabash, while Logansport has for
years been a thorn in the flesh of the
management.
The Indiana Baptist Young Peoples
Union has selected the Big -Four as its
official route to Providence. r.. L., TO the
twelfth international convention of the as
ISOLATION, commencing July 10 and ending
July Is. The road has made a o~ne-fare
rate Tor the round trip, good going July z,
s and 9, and returning July 20. An extern
sion until Aug. 10 can be secured by pay
Ing 90 cents additional not later than
July Is.
The New York, New Haven & Boston
and the Boston & Maine have advised
Western lines that they will not, after
June 81. be party to any of the through
all-rail tariffs or through aIl-rail hills of
lading on cotton destined to points on their
lines, except on cotton via Boston. Atten-
ton is called 10 the fact that this does not
af1ect cotton shipments to New England
points via other roads or routes. The
roads named contend that their share of
the present rate is not just to them, and
therefore take such action.
A railroad man has prepared statistics
which demonstrate that fast trains are ex-
penslve TO run. He finds, that on the daily
Journey of 1,046 miles, Chicago to Denver,
the six engines which haul the trains on the
Chicago q Northwestern consume 81. 567
POUNDS of coal. and require $3.50 gallons
or water. To prevent hot boxes on the cars
as a result of the fast running ITO pounds
Of cotton waste and 704 pints of lubricat-
Ing oil are necessary every day. This means
that in twelve months more than thirty-two
tons of waste and over %, 600 gallons of oil
are used.
Freight men report excellent crop pros
poets. and it is evident that if the rail-
roads have done so well the present year
with poor crops earnings will increase more
decidedly under the promised good harvest.
not only because the railroads will have
such vast additions to tonnage, but be-
cause of the additional money il will set
the railroads earn greatly increased profits,
as 1t seems probable they will, it is evident
that the stockholders will participate in
increased dividends TO be paid by the COM
panies, many of which have already taken
from the earnings Of the last few years
enough money to put their roads and equip
ment in perfect condition.