The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-07-15

ployed on the construction of the Sunman
cutoff reducing the grade. with four steam
week. The contractors agree to have the
work done by August l, 1904. The work on
the St. Louis division is also being pushed.
There were twenty-seven miles OF road TO
grade and lay second track and nine miles
OF the grading is ready for the rails.
Quincy A. Myers, of Logansport. who is
behind the project to build a steam road
from Logansport to indianapolis. is meeting
with much success in his efforts. and is
said TO be confident he will be able 10
finance the road. He says II Will be built
independent OF any great system. and may
eventually be pushed through 10 Chicago.
If SO. il would make line twenty-six
miles shorter than any existing road. The
impression prevails that capitalists inter-
esteG in the Wabash are really behind the
movement.
Edward Stalter. who is q member OF the
engineering corps of the Mexican Railroad
Company, with headquarters in the City OF
Mexico Is visiting friends in the North.
He states that the Mexican Central, which
enters Mexico at FL Paso. is now trying 10
get shorter route 10 st. Louis. The pres
ent route Is over the Santa Fe. and the
objective point of most Mexican trade is
the United States survey has been
made for a road following more closely the
gulf shore. with entrance at Laredo, but so
far the projectors have been unable 10 Sc
cure the right of entrance at that point.
Stockholders of the Louisville & Nash
vile are reported to be disappointed at the
failure of the directors TO increase their
dividends The statements of earnings OF
the company created a most favorable i'm
preston and more than counteracted the
disappointment over the dividends. during
the fiscal year the company earned sur
plus of s6.126O0o. This is equivalent TO over
II per cent. on the outstanding capital
stock and Ii is stated that the actual
earnings were much larger than IL per
cent, but large amount was spent on I'M
provements and charged TO operating ex-
penses The large increase in the earning
power of the Louisville * Nashville is the
result OF the increase in the wealth ana
business activity in the Southern States.
and through its newly acquired connec-
lions, the Monon being of the number.
The passenger earnings of the Cincinnati.
Hamilton & Dayton for the year ending
June 30 are very gratifying to D. G.. Ed
wards. passenger traffic manager. and the
freight earnings of the road have shown
large gains. Mr.. Edwards was anxious that
the passenger revenue should show pro-
| portionately good results. and he finds that
| the increase In earnings from the passen-
! ger service for the year ending June 5O
which was in turn about $4,000 In excess
OF 1901, but the last year Is the best In earn
ings for both passenger and freight service
| OF the lines The increase in June, the last
month of the fiscal year, was the largest OF
| any month i'm the roads history, and July
| promises equally good results as compared
with June; in fact, an official of the road
| says the lines have never earned. as much
money per day as at the present time, and
| the increase would be still greater could the
| company furnish cars.
| E. A. Ford, general passenger agent of
/ the Pennsylvania Company, controlling the
| Pennsylvania lines west of Pittsburg, and
| also general passenger agent of the Van
| dalia, with headquarters in Pittsburg, has
| just completed his fort!eth year of railroad
| service. He entered the service on July
| l. 1863 and from that time to 1865 was ticket
| clerk in the union Office at Cleveland; from
| 1865 to 1885, general passenger agent of the
Cleveland. Columbus & Cincinnati; 1868 To
] 1869, general passenger agent for the Belle
| fontaiRe Railroad: 1869 to 1871, general pas
| senger agent OF the Cleveland. Columbus
| Cincinnati & Indianapolis 1871 TO 1876, gen.
| eral passenger agent Of the Missouri Pa
cific; 1876 to 1879, general passenger agent
| OF the Iron Mountain, and 1879 to date, gen.
! eral passenger agent Of the Vandaia; since
| 1881 general passenger agent of the Penn
| sylvania. But few general passenger agents
! in the country have made better record
| than has Mr.. Ford. He has always had
| sharp competition, and has met 1t In a man.
ner that has been profitable to the road he
| represented, as he Is always a stickler for
| good rates, and was the last general pas
| senger agent in the Central Passenger AS
| sociation to run low-rate excursions He
| is really opposed to all Sunday excursions
| He has a very efficient corps of official as
| sistants, F. Van Dusen being his chief
| and among his assistants are H. r. Der
| ing, at Chicago, John Chesbrough, at ST
| Louis w. w. Richardson at Indianapolis
| Samuel Moody, at Pittsburg. and a hall
| dozen district passenger agents who are
| on the alert for business.