The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-12

Office at No. 2s Exchange place. New York.
and transacts business. Five years ago
he retired as president OF the road. which
position has since been held by VIM IL
Truesdale. but Mr.. Sloan continues as one
or the board of managers.
The Big -Four has listed on the New
York Stock Exchange 81 0s2, 900 additional
general mortgage per cent. bonds OF lyOz.
bond issue of 1893. and the money is issued
to defray the extraordinary expenses IN
CURED by the severity of the past winter.
1t is stated that the Lake Erie & West
ern will begin in short time TO rebuild
the portion of the road on it's north end
from Peru TO Michigan City, and also
between Indianapolis and Peru. Improve
ments VIII be made on all the DIVISIONS.
but more especially on the Indianapolis
division.
Central Passenger Association rate clerks
met IN Chicago yesterday 10 adjust rates
to Michigan points to conform 10 the re-
duced passenger fares on the Grand Rapids
* Indiana which will become effective
April 10. and affect all Michigan points, as
the rates are reduced on that road TO 212
cents a mile.
The general offices of the Northern Pa
cifc have sent letter of thanks TO j. NJ.
Bennett. OF the Baltimore & Ohio. and
other railroad men at Philadelphia, thank
ing them for kindness shown the family
of the late l. n. Bortle, general agent Of
that road in Philadelphia, who died re-
Gently in that city.
The Wabash people will add eight trains
each way between St Louis and
the East to accommodate the worlds fair
travel. and its new schedule will probably
go into effect about the 1st of May. The
will be Pittsburg, Detroit and Toledo. At
present the company is operating ten
through trains daily, five each way.
1t is highly probable that the dispute
between the Wabash and the Baltimore *
Ohio over crossings in West Virginia will
eventually reach the Supreme Court, and
q bitter fight will ensue. This controversy
arose over the attempt of the Baltimore q
Ohio TO cross the tracks of the Wabash
to establish connecting link with the
Wabashs proposed route TO tidewater
F. A. Borrows. who recently brought
suit for damages against the Southern
Pacific, was arrested for perjury. He
swore on the stand that his fingers had
been permanently disabled by an accident
on the railroad, but on investigation, the
company proved that BorrowS had Deen
hurt in Pennsylvania many years ago,
and his attorney at once threw up the case.
One hundred and fifty employees of the
Central Railway Clearing House, with
their wives and acquaintances, sat around
the tables in the dining room or the Brezel,
at Buffalo, on Saturday night, and listened
to the wits who toasted the clearing house,
its managers and its fair guests or the
| evening, il being its first annual banquet.
George c. Street. we'll known in local rail-
road circles, and one OF the Oldest en-
| ployes of the clearing house, acted as toast
master.
The Chicago, Burlington * Quincy and
| the Chicago 81 Alton will on May open
their short-line route between Kansas City
| also bv the Chicago & Rock Island for
| it's worlds fair business. Both the Alton
| and the Burlington have Kansas C1ty-St
Louis lines. but neither is what was de-
sired for the worlds fair, consequently
/ the Burlington constructed line from
\ Old Monroe to Mexico and the new JOINT
route will be used by both interests.
Doll
/ Company for 1903 shows decrease OF $780,
66272 in net earnings compared with 1917
! This is due to an increase OF S24S, 4OSSZ ln
/ operating expenses and taxes, due to the
additional traffic handled, the increased
| wages paid all classes of labor, which was
| fully effective during the last six months
OF the year and the Increased cost oil
| fuel The increase in gross earnings was
| $l47, 746 TO- The total of gross earnings was
ST. 055, %. 10; operating expenses and taxes
S.126. 40; net earnings, A,32S.GOS.y. PAS.
| freight earnings S0-100 of per cent There
has been no change in the capital stock OF
! funded debt
The report is revived in railroad circles
that the Wabash will enter New York by
| way of Baltimore. 1t is stated sup
| posed credible authority that the Balti-
more g. Ohio will be used 10 get to New
| York i'm spite of the war that has beer
| waged between President Cassatt, of the
| Pennsylvania, and Geo. j. Gould, OF the
| Wabash. This report is doubtless based
| who are said TO be large purchasers OF
| Pennsylvania and Baltimore K Ohio stock
| The close business and personal friendship
| which exists between John ID. Rockefeller
| and Geo. j. Gould is given as a basis fol
| all the reports which lead up to the pres
| ent Wabash talk.
| w. w. Richardson, district passenger
| agent of the Pennsylvania lines west, ha:
| received notice that the annual trip of the
| association of the passenger officials OF
/ the Pennsylvania system Will begin al
H. thn ~
/ will board a special train and make the
| trip from Pittsburg to st. Louis. Monday
| will be spent in st. Louis. and Chicago vii
| be reached Tuesday morning. A business
| meeting will be held in the Auditorium
/ Hotel on Tuesday, and banquet will be-
| served in the evening. On "Wednesday
| inspected. and on Thursday the party
| which will number thirty-five, will visit
| Toledo In the morning Cleveland viii
| be reached in the afternoon. An automo
| bile ride will be taken Saturday morning
| and at noon the party will leave for theil
| respective headquarters.
Persons who know II. S. Storrs. genera
y Tough and ready official, and Capt G.
| T. C,rammer of the same line, who has
| never been noted for the softnesS of his
| speech when nettled or when something
| goes wrong, would naturally expect thai
| when these men get together at least a lit
| tie excitement would ensue. Consequently
| during the recent congested condition Of
| the Lake Shore when the situation was
very exasperating. and the Lake Shore wa:
| getting large quantities of business from
| Connections, Mr.. Storrs, who operates IN,
| road, and Grammer, who handles the
traffic had an interview. and had not Storr.
| been such a humorist the situation NIGH
| not have ended so amicably. AS Storr:
walked into the office of Captain Grammel
| and said: 1--WE are in a - of fix. The
| wards are full of cars and we can't NOV,
| them. while Toledo hasn't a handful o.
/ business and yet we have twenty-four en-
tIs.re (.rarn r1P m
| over with rising indignation, and il is saiC
| that his eye wasn't exactly pleasant t.
| see: he bawled out, 'Twenty-four, Ell
| What in the devil are you doing, havint
| them photographed?" Railroad men who
| know these gentlemen will appreciate thi:
| incident.
LOCAL WHOLESALE MARKET.