The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-08-04

every car will be needed to meet the demand
for the fall and winter business. and conse-
quently are pushing orders for cars.
There were handled on the Big Four sys-
tenn in July 155,S24 cars. an increase over
July last year of 1905. or 15.9 per cent The
Peoria & Eastern handled 1I.l60 an increase
over July last year of 1.245 loaded cars.
There were handled in July on the system
lI2.So4 loaded cars, an increase or D,Vo.
BY the middle of the month the Cincin-
natl Southern will have double track
from Emory Gap Junction, on the Tennessee
Central, to oakdale. the terminus OF the
division of the Southern The company in
tends eventually To have double track
from Cincinnati to Chattanooga, 3S5 miles
NJ c. Cleveland. son of Chief Engineer
Cleveland, Of the Lake Erie * Western,
who has been engaged in the engineering
department of the Big Four in the past. on
Aug. l severed his connection with the Big
-Four and accepted the position OF assistant
engineer of the Toledo. St. Louis & Western
Arrangements are being made at st. Louis
for the accommodation of private cars at
the worlds fair, and ii has been decided TO
construct tracks for this special service.
Mr.. Ristine, director of transportation, also
contemplates erecting depot at the north
ern end of the grounds for the handling or
freight.
In a wreck on the Texas Southern road.
near Marshall July 30, Malcolm Browning,
brother of j. +. Brownigg. contracting
agent at Indianapolis, was killed. He owned
an extensive cotton plantation and was rid
ing on an engine for pleasure when II LETT
the track, overturning, killing him in
stantly.
The new branch of the Rock Island and
Santa Fe recently completed, from Pauls
Valley TO Chickasha, l. T., was opened for
travel yesterday This branch was built
form a connecting link between the two sys-
TENS and facilitate passenger traffic. Its
length is sixty-five miles
The fast mail train on the Chicago, Bur-
Hx1 nr,f CO.. Inx- hn
run from Burlington to Chicago. 2o5.6 miles.
in POP minutes. The first 40 miles were
mostly up hill. with grade of a to %
covered in IS minutes. another of 2S.9 miles
in rs miutes or 66.6 miles per hour.
Frank J. Reed, general passenger agent
OF the MonOn,, was in the city yesterday.
He states that business last year was high
ly satisfactory, and in July this year was
record-breaking. French Lick Springs has
aided in swelling the earnings. these springs
having been more popular than in any
former year, but he is equally proud OF the
earning exhibit of the Indianapolis division.
Every month this year has shown an excess
over any former year.
In the year ended June 20 the Evansville
& Terre Haute earned per cent. on it's
common stock after paving per cent. on
the 81, 2S2 600 preferred. The management
has paid eff all the floating debt, has added
1,loO new freight cars and five locomotives
and has done a great deal of work on the
property, and it is stated that very little
expenditure will be required to put the road
in condition to fill it's place as part or
the Chicago & Eastern Illinois system.
In speaking of the report that Oscar G.
Murray was to tender his resignation as
vice president Of the Baltimore & Ohio, a
Toledo paper says: Scarcely had Mr.
LOree assumed control of the Baltimore &
Ohio presidency when there was clash of
authority with Mr.. Murray, then vice presi-
dent. Finally Mr.. Loree rendered his resig-
nation, stating that there would be no peace
as long as he and Mr.. Murray were both
connected with the line. Mr.. Murray had
a contract with the Baltimore & Ohio.
which ii was thought the directors would
be compelled to carry out. Meantime Mr..
Loree's resignation became matter of gen.
eral comment, and the Pennsylvania inter-
ests were SO strong that they have prac-
tically forced Mr.. Murray out
Two men control the Chicago, Rock Island
e. Pacific-Judge William II. Moore and
Daniel G.. Reid-and there are other interests
closely associated with them, w. b. Leeds
being of the number. They purchased
control of the Rock Island in open market
in 1901; ii then consisted of less than 1000
miles of road. Its history since reads like
a financial fairy tale. as the company now
expansion has taken place within less than
two years, and it is easily without parallel
in the history of railroads. Control of this
entire system, having an aggregate capital
ization of more than $40OO 600. is vested
in $54,0000OO of preferred stock held by the
Moore, Reid and Leeds syndicate No other
railroad system of equal extent is controlled
through the investment of so small an
amount of capital.