The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-05-07

On May l Seymour and Bedford were in
cluded in the points controlled By the In
diana Car Service Association.
Frederic r. Lacy has been appointed
travelling passenger agent of the Lake
Shore, with offices at Kansas City.
The ffty-ffth annual convention of the
American Society of Mechanical Engineers
will be held in Boston, May q to 80.
The New York Central has increased the
pay of its telegraphers, including block sig
nal men and station men, 10 per cent.
Employees of the Pennsylvania have been
notified that they will be expected to don
their summer uniforms on Sunday, May iS.
The tional Union of Car Builders
and Repairers has increased its member
ship. it is stated, 10000 within the last four
months.
r. II. Davis has been appointed success
sOr to O.. r. Morris as treasurer of the Iowa
Central. and 5. S. Jones secretary, succeed
ing A. G.. Doan.
Thomas De Witt Cuyler, a director of
the Pennsylvania, sailed yesterday for Eu-
rope. His absence at this time is much
of a surprise.
The report is revived that General Man
have his authority extended over the Cen
trail and Southern Pacific.
Joseph H.. Alfred has been appointed
travelling freight agent of the West Shore
and Red line, with office at Cleveland, vice
j. p. Murphy, who retires on May l.
The Ia per cent. dividend on preferred
stock of the Cincinnati, Hamilton & Day
ton is payable May S: that of l per cent.
on Monon common stock on May %.
General Manage Barnard, of the Peoria
& Eastern, expects this year to lay forty
miles of new steel on the Eastern division
weighing eighty pounds to the yard.
Since May l the Lackawanna has placed
an order for fifty fast freight locomotives.
This trunk line makes as good time to
western points as do its competitors.
w. w. Woodford has not severed his con-
nection with the Cleveland, Lorraine &
Wheeling as its vice president, but will
take "A vacation until June and enjoy a
trip abroad.
Canadian Pacific, has resigned and will go
TO japan, and A. Allen. chief train dis
patcher at Calgary, has been promoted to
the vacancy.
The Chicago & Northwestern has put
into permanent improvements in the last
two years SO, 000,0 600. In the last six years
the road earned 1921, 100000 and paid divi-
dends of 3d. 00,O 900.
The new large joint yards of the Toledo
& Ohio Central and the X. & NJ. at Chan
cey, O., will be opened for business May
10. There are fourteen tracks, and the
yards are equipped with an automatic
scale.
Engineers on the Lake Erie & Western
have adjusted their grievances with the
company and been granted most of the
concessions asked. The hremen are still
Trying u tltCl du adjustment OF wages,
hours, etc.
The United States Steel Corporation yes
terday commenced the shipment of ten
thousand tons of steel rails for the Big
Four. They are shipped over the Lake
Shore lines to Cleveland and there deliv-
cred TO the Big Four.
President Hays, of the Grand Trunk, an
nounces that w. b. Robb has been ap-
pointed superintendent of motive power of
the lines. He has been acting in that ca
DdCltV since the nrOmOtiOn of F w Morse
TO the third vice presidency.
The Cincinnati, Hamilton e Dayton and
the Big -Four will carry passengers to Gin
cinnati May IA TO II, tickets good 10 re-
turn until the 18th. at a fare and one-third
for the round trip. from indianapolis to
Cincinnati, on account of the musical fes-
tival.
w. c. Shoemaker. the new superintendent
of the Indianapolis division of the Cincin-
natl. Hamilton & Dayton, and c. p. Smith,
chief train dispatcher of the Lake Erie &
Western, on Monday became members OF
the indianapolis division of the Central
Association of Railroad Officials.
President Ripley, of the Santa Fe, has
closed a deal with the Petroleum Develop
ment Company for the transfer of its hold
ings to the railway system, paying 100000
for the property, which increases its oil
fuel output to $4,000 barrels per month,
half the quantity the road consumes month
ly.
On June l the Chicago & Northwestern
Will put Ol Two more IralScOnIlnGnIaI
trains, the increase in business forcing
such additions. The present trains require
from ten to fifteen cars to carry the traffic,
and it has been decided to tighten the
weight of the three trains now running
each way.
The passenger trainmen of the Lake
Shore road, including the conductors. bag
gagemen and brakemen. have been in con-
ference for a couple of days with General
Superintendent Marshall. Ii is understood
that the Lake Shore has made certain con-
cessiOns and that the details of the con-
ference will be made known in a day or
two.
The report has been revied that the Van
derbilts contemplate the formation of a
security company which will hold the stock
OF the Vanderbilt roads. issuing its own Sc
curities therefor. Several times in the last
few years such reports have been set ahoat
and have been used as basis of specula-
ton in what is known as the Junior Van
derbilts.
The declaration of a ~semi-annuaI dividend
of > per cent by the Pennsylvania is an in
cident that is being utilized az an encour-
aging indication of the business situation.
Since 1885 the regular rate has been 216 per
cent. Ii Is argued that a corporation that
handles a business of $3.O00.0oO a day must
necessarily be in close touch with varied
interests. enabling its directors TO act up.n
actual conditions.
1t is stated that the long-term contract
the Southern Railway has obtained OF the
Plant system for interchange Of business
will be carried out by the Atlantic Coast
Line, which VIII become owner OF the Plant
system on July l. The relations between
the Atlantic Coast Line and the Plant sys-
TEN have been OF the closest character in
the past and will continue so 10 be. II is
officially announced.