The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-14

ager The company, which Is now tne
American locomotive works. has leased
perial Bank building at Montreal and VIII
occupy them after May I. The company al
ready has contracts for some fifty loco
motives OF the highest grade.
The Baltimore & Ohio will expend $500, 600
with Barney & Smith for the construc-
ton OF new passenger equipment While II
has been understood that this Is designed
mainly for the extra trains needed To ac-
commodate worlds fair travel this sum-
mer from one of the officials il is learned
that this new equipment Will be used TOT
replacing some OF the old on the best
through trains.
The annual meeting OF the stockholders
of the Nickel-plate Railroad will be he'd IA
Cleveland May s. At that time the stock
holders will hear the annual report ana ESQ
elect directors. IL Is said there VIII pia 'as
tically be no changes. and that W. H. Canln
will be elected president or the rodu-
lie has just completed six years OF serFlce
with the company in that capacity, duilhs
which time he made good record ooth lOr
himself and for the railroad
George Blair. representing the Chicago,
Milwaukee & st. Paul. and j. NalIery, the
Chicago. Burlington q quincy were IN eht
city yesterday. Both speak OF irelght
traffic as not being up 10 the tonnage OF a
year ago. but il is still heavy ana enough
| is being saved in operating accounts to
make up the deficiency in gross trafnc
There is a fair movement Of merchandise
| but not equal To that of a year ago II
| the crops turn out according 10 present III
dicatiOns a good years business Is locked
| for.
Supplementary to the fast freight service
from Toledo to Cincinnati and Chattanooga,
| Tenn. the Cincinnati Hamilton * Dayton
announces that, commencing April Is,
through daily car service Will be fnau-
gurated 10 Louisville, Ky. These cars will
also accommodate all traffic south of Louis
vile to points on or via the Louisville x
Nashville. The c., H. * ID. announces IT
10 be its purpose 10 put on additional cars
as rapidly business will Justify. The
aggressiveness OF the c., III. x ID. OF late
is matter of favorable comment.
w. NJ. Prall. who sixty days ago APP
pointed commissioner OF the PittSburg Car
Service Association says the results are far
better than he had anticipated when he
accepted the office. While the relief of the
railroads from freight congestion tends to
make these rules easier of application just
AT The time OF their going into effect, the
| results show that they would have bet
! terment regardless of this fact. Mr.. Pralf $
| system demands car service rather than
demurrage, says the traffic manager, and
| that Is just the thing needed for the i'm
| mense tonnage of the Pittsburg district.
study of the annual reports of the
Plttsburg, Cincinnati, st. Louis * Chicago
shows that after providing for all charters
| ficient TO provide for the regular dividend
| on the preferred stock of per cent. and a
| dividend of per cent. on the common
| stock. leaving a balance of 1854, 90 TO be
| carried TO credit of profit and loss. There
was charged against profit and loss the sum
of $347, $50. 16 on account of the extraordi-
| nary expenditures In the revision OF grades
| and alignment, Improvement In freight
! equipment and other OUTLAWS not properly
| charged to capital account.
| Considerable speculation is being INDUCED
| in on account of the appearance in Cleve-
land. O.. of three of the principal officials
of the Grand Trunk. They were Frank w
| Morse, third vice president. j. Hobson
| chief engineer, and w McWood. superin-
tendent of the car department. While they
claim that their visit to that city has nc
| special significance in railroad circles diff
| ferent view is taken. For a number OF
| years the report has been current that the
| Grand Trunk desires to get a foothOld or
| this side of the lake, and in order TO do sc
! various plans have been suggested, all OF
them having to do mainly with Toledo. The
| fact tAt the calls of the Grand Trunk of
| ficials Included the office of the Wheeling
| * Lake Erie was considered significant In
this respect as the Wheeling touches the
| lake at valuable points.