Indianapolis Journal, Indianapolis, Marion County, 1 February 1887 — Page 7
THE lKDTAHAPOIilS JOURNAL, TUESDAY, FJ3BBUABY lfc 1S&7.
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THE FORTY-NINTH CONGRESS
Florida's Anxiety To Be Relieved of a Contract with a Railway Company.
Senator Allison Presents a Few Figures Showing What Democratic Economj Consists Of Routine Easiness in the House.
TflE senate.
De-
Florida's Unsatisfactory Contract The
mocracy'a Sham Economy. Wasitingtok, Jan. 3L There were seven Senators and twelve Senate employes, including pases, present at prayers this moraine. This, as regards Senators, is rather above the average, which fact is presumed to be dae to the resolution offered by Senator Hoar, but not yet adopted, requiring a postponements the opening prayer until a quoroum shall have assembled. Mr. Hoar presented resolutions of the Massachusetts Legislature concerning the treatment of American fishing vessels in Canadian waters, declaring in favor of retaliation to the extent of denying Canadian vessels in American ports the right to yurchase supplies and the eventual exclusion of all Canadian products by land or sea until the offensive legislation and action of the Canadian authorities are discontinued. Referred. Mr. Berry presented a memorial of the Arkansas Legislature in favor of returning to the cotton States the $07,000,000 of cotton tax collected. Bills from committees werk reported and placed on the calendar as follows: For the construction of a building tor the use of the Houf j of Representatives; for an additional Associate Jastice of the Supreme Court in
New Mexico: authorizing the construction of a
bridee across the Red River of the North; also, across the Tennessee river, near Chattanooga.
Mr. Harris presented a joint resolution of the Tennessee Leeislatnre in favor of an appropria
tion for the world's fair of colored industry, at
Birmingham Ala. Referred.
Mr. Dawes offered a resolution calling on the Secretary of the Interior for information as to
the Apache Indians held in confinement in Flor
ida. Adonted.
Mr. Morean offered a resolution calline for
information as to navmenu made out of the
Virginius fund. Adopted.
Mr. VanWyck offered a resolution calling on the Secretarv of the Treasury as to whether any
national banks are loaning money or discounting
notes requiring payment in gold coin only. Adonted. "
The resolution heretofore offered by Mr. Call,
instructing the Attorney-general to bring suit for an injunction against the Florida Railroad
nnd Navigation Company, was taken up.
Mr. Morgan said he was at a loss to understand the persistency with which the Senator
from Florida was pressing this resolution. The committee on public lands had held a meeting'
this morning, and the receiver of the railroad company had appeared before it and stated that the eompany was not advertising the lands for sale as charged, and the first information which the company had on the subject was Mr. Call's speech. Mr. Call stated that the decision of this matter was very important to the people of Florida. Out of the thirty-three million acres of arable land In Florida over twenty-two million had been conveyed to the State for the benefit of corporations, so that, practically, the entire area of the State was withheld except at speculative prices. Mr. Morgan stated that it had been shown this morning to the satisfaction of the committee on public lands, that the State of Florida had consented to the grant in a way that was irrevocable. . Mr. Schurz, Mr. Teller and Mr. Lamar, successively Secretaries of the Interior, had examined the question with the greatest c.iro, and had affirmed that the action of the State of Florida was binding upon it in regard to the gant, and that the lands had gone to the railroad company. The whole property of the company had gone into the hands of a receiver appointed by the United States Circuit Court, who was proceeding to administer it, and who had Issued $600,000 of certificates on the credit of that property. The subject was undergoing scrutiny at the hands of a sub-committee of the committee on public lands, and it should be left With that committee. Mr. Call denied the statement of the receiver.
tntid that land was being sold, and that
high a $75 an acre was demanded. The
statement made by toe senator irom AiaDama was, he said, absolutely an error in all its parts, and there was not the shadow of a pretense of fight in the railroad company. The matter went over without action.
The Senate then proceeded to consideration of
the sundry civil appropriation bill.
Mr. Allison, who has charge of the bill, stated
that the committee on appropriations had not
added a sinele item for public buildings not al
ready authorized by law, but the bill had been
reported in the House even before the estimates bad been printed, and the Senate committee had ielt it its duty to supply omissions. The total
amount for public buildings was about one and
a half million dollars.
Sir. I'lumo inquired wnyit was tnat tne ap
propriations for the current work of the coast
aorvey were largely increased over the amounts
appropriated by the House. ' Mr. Allison replied that the amendments re
ported by tne senate committee on appropria
tions were substantially in accordance with the
3S ti mates of the Treasury Department.
Mr. Plumb expressed the wish that the Democratic House of Representatives should have a chance of trying its experiment in cutting down
administrative expenditures.
Mr. Beck (a member of the committee on ap
prepriationsi tnougnt tne uouse naa made a
mistake in many of the appropriations in this bilL The committee bad agreed that the Senate
bad better (disregarding political questions al
together) tender what was best for the eood of the service; and if, in conference, the House thoucht fit to insist, it might take the responsi
bility. He knew that the Senate had been
charged with extravagance, and that the House lauded itself for economy. He was one of the
Democratic Senators who was perfectly willing
to take the responsibility. He did not think that
those gentlemen who objected to do what the
public service required would make any reputa
lion before the country, or that any party capi
tal was to be made out of that economy which
impaired the pobhe service.
At 2 o'clock the railroad-attorney bill was laid
before the Senate as unfinished business, but it
was inrormary laid aside and the sundry civil
Dill proceeded witn. Mr. Allison confessed that he had been tenon
ted many times since the Democratic adminis
tration had come into power to adopt the sug r" pestion of the Senator from Kansas Mir. Plumb, and let the House have a chance of ex
perimenting on its economy. He had seen the Senate held up and gibbeted on the cross-roads
of public opinion, because it had insisted, last
year, on an increase or appropriations as they
came irom me uouse. nere was an attempt,
Tor instance, on tne part or the House, to break ftp the coast survey as now organized. He did
. not believe in doing tnat. Those who bad inves ,t i .i . i . t . .
npaiea ine iudjbcv snew iuh u regular appro
priations were made to carry on the field work.
mat worn wonia oe completed, except as to Alaska, within eight or nine years, and yet this
toast survey would have been so crippled under the appropriations as passed by the House that if thev were to be adhered to it would be better to abandon the work altogether. That office bad been always carried on by men nf the high
est scientific attainments, until seme time since,
when a tl, GOO treasury clerk was appointed, and
was now at its head with a salary of $6,000. He was bound to say for this gentleman that Jie bad shown, in the butiiness management
or tne office, an ability far boyond what could
have been expected. Turning to the partisan questions involved, he referred to a tabulation contained in the President's last annual message showing a saving of $17,000,000 in the public exSenditures in 1886 as compared with 1885. He ad analyzed the fieures, and had found, for in- - stance, these results: Of the $587,000 savinc in the legislative expenses, over half a million represented the difference between the judgments ftf the Court of Claims in 1885 and 1886. As to the saving of M. 100,000 in the State Department, $3,300,000 of the amount was for judrments of the Alabama claims commission in 1885 (none n 188C), and $600,000 i.f it was for the French llalms. The difference of figures in the Treat ' try Department was made up of a number of
items. Among them was an item of nearly $3,000,000, charged to the sinking fund of the Pacific railroads in 1885. as against about $800,000
in 1886. Another item was for reimbursement of importers, $1,414,000 less in 1886 than in 1885, and another was for drawbacks, which, in
1886. amounted to only $500,000 as
compared with ajmillion and a half in 1885. As
to tne reduction of $9,uW,uuu in tne vyar department, $6,460,000 represented the river and harbor work in 1885 more than that m 1886.
Was that fairly to be charged to Republican ex
travagance? The rest of the saving was made up
of different items which did not depend at all on the current administration of the War Depart
ment, such as refunding to btates and 1 ern-
tories under the act or July zl, lea-i. as to tne
reduction of expenditures in the Navy Depart
ment, $1,200,000 represented what was spent m the construction of vessels in 1885 more than in 1886. It was not true, therefore, that the present administration was any more economical
than the former administrations; and it was not true that the Senate had, in former years, appropriated more than was necessary for the or
dinary expenses of the government at least,
was not more responsible for it than the House
of Representatives was.
Mr. Hawley expressed his very great disap
pointment that the superintendent of the Coast
survey, lor the very first time in its history,
was not a gentleman of high scientific attain
ments; in fact, was not a scientist at all. That was a most extraordinary departure from the uniform practice. It was a great administrative
mistake, and he hoped it would cot be continued.
After further discussion the reading of the bill
was resumed.
In the course of a discussion on a point of
order Mr. Edmunds expressed, parenthetically,
the wish that the Senate would provide for a
hundred new cruisers.
After disposing of fifty-six pages of the bill
out of 104, the Senate adjourned.
AFFAIRS OF TflE RAILWAYS.
THE HOUSE.
Sir. Lawler Wishes to Make Prompt Provision
for Sea-Coast Defenses. Washington, Jan. 3L Mr. Lawler, of . Illi
nois, offered the following preamble and resolu
tions:
Whereas, The belligerent tone of the Canadian press, and the announcement that Great Britain will shortly dispatch a fleet of war ships to cruise in the vicinity of our northeastern coast-line, indicate hostility towards the United States, growing out of our
position on the fisheries question: and.
Whereas, Admiral Porter has directed attention to
the fact that twhty-seven of our Atlantic, Gulf and
1'acitic harbors are absolutely defenseless; eleven of them, to-wit.: New York, San Francisco, Boston, the
lake ports. Hampton Roads, New Orleans, Philadel
phia. Washington, Baltimore, Portland, Me., and the Rhode Island ports of Narragansett bay, are in urgent
need or lmriediate detense: and.
Whereas, It is alleged that Great Britain and Canada are in possession of charts and exemplifications
of all our harbors and coast defenses; therefore.
Kesolveu, That the President be requested, as commander-in-chief of the army and navy, to inform the House of Representatives, at an early day. what
steps, it any, are necessary, in. his judgment, to pro vide for this emergency. The resolution was referred.
By Mr. Boutelle, of Maine: A resolution directing the committee on foreign affairs to report
back forthwith the Senate retaliation bill.
By Mr. Lovering of Massachusetts: Resolu
tions of the Massachusetts Legislature in favor
of tne retaliation bill.
By Mr. T. J. Campbell, of New York: A bill in
creasing to $15,000 the salaries of the Supreme
Court justices and the Cabinet officers.
By Mr. Cram, of Texas: A resolution propos
ing constitutional amendments changing inaugu
ration day to the last Tuesday in April; providing that the Fiftieth Congress shall terminate on the 31st of December, 18S8. and the Fifty-
first Congress shall then begin: and providing
that feenators whose term of office would not ex
pire until March 4, 18S9, shall continue in office
until their successors are appointed or elected.
By Mr. Breckinridge, of Kentucky: A bill to
incorporate the American Association of the Red
Cross.
By Mr. McRea, of Arkansas: A bill prohibit
ing members of Coo cress from acting as attorneys or employes for railroad companies holding
charters or having grants of land or pecuniary
aid from the United btates.
Mr. McRea asked for its immediate consider
ation, but Mr. Parker, of New York, objected,
Mr. Singleton, of Mississippi, from the com
mittee on the library, reported back the Senate
concurrent resolution tor the appointment of a
joint committee to take into consideration the
expediency of boldine an international exhibi
tion in 1892, in commemoration of the discovery
of America. Placed on the House calendar.
Mr. Wilkins, of Ohio, from the committee on
banking and currency, reported back adversely
a resolution calling on the Secretary of the
Treasury for information as to whether national
banks in New York city recently took action
tending to tighten the money market. Laid on
the table.
The House then went into committee of the
whole Mr. Matson, of Indiana, in the ohair
on the agricultural appropriation bill.
After slight amendment, the bill was reported
to the House and passed.
The House then went into committee of the
whole Mr. Springer, of Illinois, in the chair-
on the bill to consolidate certain bureaus of the
Navy Department
Mr. Herbert, of Alabama, explained that tfc.3
chief object of the bill was to consolidate, under one head, the bureaus concerned in the building and equipping of ships. As an instance of the
abuBe which existed under the present system, he stated that the construction of the New York,
a wooden vessel, was begun in 1864, and the last
stroke of work done upon her was in 1863. For
thirten years she lay upon the stocks in Brook
lyn, and then, in 1881, the Bureau of Steam En
emeerine built boilers tor her which remained
to-day in the Washington yard. Under the
pending bill one man would be responsible for
construction and engineering, and he would not
start thirteen years after work had been stopped
upon a vessel to make the boilers for her. If be
did, he would deserve to be court-martialed.
At this point the committee rose and the
House adjourned.
TILE C0UKT RECORD.
Jsnperior Court. Boom 1 Hon. Napoleon B. Taylor, Judse.
Adelina Neighbors et al. vs. Allen M. Fletcher
et al.; partition and damages. Dismissed for
failure to comply with rule.
Room 2 Hen. D. W. Ilowe, Jndze.
William H. Thomas vs. A. N. Hadley; snit for
damages; misrepresentation in the sale of min
ing stock. On trial by jury. Boom 3 Hon. Lewis O. Walter, Judge.
Jerrv McKeen vs. Nancy Day: note. Jury
fonnd for defendant.
Wm. C. Jones vs. John E. Sullivan; account
Dismissed at defendant's costs.
Henry Thompson vs. Jonathan W. Jones; ac
count Dismissed for want of prosecution.
Indianapolis Ice Company vs. Henry M. Fin
der; account Judgment for $6.45.
NEW SUITS. Lizzie May Robbins vs. William F. Robbies; divorce. Allegation, failure to provide; asks custody vt child. Samuel Woolhouso vs. Laura May Woolhouse;
divorce.
Frank A. Maus vs. Nathan A- Stringer et al.; complaint on note. Demand, $1,500. Jennie McElhany vs. James W. Mitchell; complaint for breach-of-marriage contract Demand, $5,000. Harry Wolfe vs. John Johnson; suit on contract. Demand, $350.
Personal stnd thecal. Mhs Alice Finch to-day takes the position of
telegraph operator in the up-town passenger office of the C, H. & D.
Harry Crawford, the prominent railroad at
torney, was in the city yesterday looking after legalmatters he is interested in.
C. C. Waite, vice-president of the CL, H. & D.
system, and Superintendent Neilson will arrive in the citv at 5 p. K. to-day, and remain until
midnight, and then go onto Chicago.
There will be a general exodus of Indianapolis
railroad officials to Chicago this evening, to attend the several meetings which are to be held in that city to-morrow and 'the next day.
C. W. Fairbanks has gone to Chicago and will
to-day enter the decree for the foreclosure sale of the I.. B. So W. road before Judge Gresham.
M. L. Doherty. late joint agent of the Indian
apolis east-bound pool, leaves for his new field of labor this noon. His headquarters will be St Louis.
The C, L, St L. & C. withdrew their line of
tickets from the office of the C, W. & M. road, corner of Meridian and Louisiana streets, yes
terday.
To-morrow, before Judge Woods, the decree
for the foreclosure sale of the L, D. & S. road
will be entered and the day fixed for the sale of
the property.
Henry Monett spent part of yesterday in the
city calling on olden-time friends. While here he was the guest of H. R. Dering, assistant gen
eral passenger agent of the Pennsylvania lines.
General George B. Wright, of this city, is an
applicant for commissioner under the interstatecommerce bill. He has the indorsement of a
number of Indiana's and Ohio's most prominent men.
Sam Hazzard. who for a number of years was
the representative of the Erie's lines in this section, is now in St Louis selling smoke balls, and is said to be making a financial Buccess iu
his new business.
Traffic Manager McDoel and General Passen
ger Agent McCormicfe, of the L., N. A. & U, were in the city yesterday, and left for Cincin
nati and Louisville in the afternoon. The of
ficials are on a eeneral observation trip.
General Freight Agent Williams, of the Day
ton & Ironton road, was in the city yesterday.
1 his company expects, within the next thirty days, to be shipping Jackson coal on to this market over the C., H. & L in standard gauge
cars.
The parties owning the Indiana Midland road
have decided to extend the line westward from
Lebanon to the coal mines of Fountain county.
passing through Crawfordsville if the citizens of that place show proper interest in the enterprise. .
The L., N. A. & C. people to-day receive two
of their new engines from the Rhoae Island locomotive works, and will now receive two a week
pntil the order is filled. They also this week be
gin receiving new freight cars at the rate of ten
per day.
W. B. Strong, president of the Santa Fe road,
now on his way East, says that all the contracts of the Chicago extension have been let, and the extension will be constructed as rapidly as possi
ble, lie will endeavor to have it completed by
the end of the present year.
Railroad shops are now the busiest places one
strikes. All the 6hops at Indianapolis and the same is true at other points are working full time and full-handed, and at some shops a good deal of overtime is made. The heavy traffic of late has necessitated a good deal of general repair work.
The acting joint agent of the Indianapolis
east-bound pool telegraphs Commissioner Blan-
chard, of the Central Traffic Association. Chica
go, that pool matters here are moving along
smoothly, and that he is confident thatll roads
are maintaining rates. xnis is a genuine case
where "ignorance is bliss.'
The Adams Express Company is said to be the
wealthiest and .strongest corporation, the Stand
ard Oil Company excepted, in this country. It is often spoken of as being a Pennsylvania rail road institution, when it would nearer cover the ground to say that the Pennsylvania road was an Adams express institution.
The new cars that are building for the Bee-
line are all equipped with the Marks patent
coupler, the use of which makes it needless for n switchman to go between the cars to couple them. The work is done on either side of the
car through a rod and crank, which operate the
coupler, and, it is said, give very satisfactory
Bervice.
Correspondence which has passed the last few
aays between iu. A. rord, general passenger
agent of the Pennsylvania lines, and H. M.
Bronson, general passenger agent of the I., B. & W., would make interesting reading if put in print It is not very of ten that two more scathing writers lock horns. Both have their war
paint on.
The exceedingly fresh president of the Hock
ing Valley road and his friends are realizing that
they were a little too fast in ma&ing criminal
charges against Judge Burke, and are now apol
ogizing. The Judge s honorable methods of do
ing business are too well-known to admit of anyone for a moment thinking there was anything
crooked on hia part
The east-bound shipment of through freight
from Chicago and junction points to the sea
board, last week, was 43,390 tons. Of this, the
Chicago & Grand Trunk carried 15.2 per cent;
the Michigan Central. 11.6; the Lake Shore. 23 4:
the Fort Wayne, 16.0; the Panhandle, 8.5; the
Baltimore & Ohio. 5.3; the Nickel-plate, 12. 6, and the C, I., St. L. & C, 7.4. President Corbin is said to be somewhat discouraged in his efforts to straighten out the affairs of the Philadelphia & Reading. Where he had expected the most hearty co-operation the
parties are said to have shown the least appreciation of his work. Then in hi3 efforts to bring about economies which were imperative to make bis movements successful, financially, he has of course made enemies. The prospects for an early reorganization of the Indianapolis, Peru & Chicago Railroad
Company grow less and less favorable. There
are four different interests to harmonize, and the efforts made the last few days, it is stated, have widened rather than narrowed the breach between the several interests. This is to be regretted, as the I., P. & C. is too valuable a property to be crushed through litigation, as it is feared it will be.
of the B. A O. express, on behalf of his organization, but when the contract was submitted to the executive committee of the C, H. A D. Railroad Company they declined to ratify it with Mr. Trego's signature, and demanded that it be Signed by Robert Garrett, president of the Baltimore & Ohio railroad, hence the delay and postponement to March L Whether Mr. Garrett has signed the contract or not is not as-yet known. The signature of a general superintendent or superintendent of either of the old express companies has always been accepted by all railroad companies to their contracts without question, and this action on the part of the C, B. & D. managers is exciting a good deal of criticism, especially among railroad men who do
not ueuere in railroad companies doing express business when companies of wealth and high standing are organized to do the business, and when the increase in the number of express companies is increasing the charges for express service, more especially where express matter is transferred and carried by two or three companies. A Trunk Line Scheme. A prominent railroad I official of Chicago, in conversation with a reporter of the Inter Ocean, who has watched closely the progress of the interstate-commerce bill, remarked that it appeared to him, from what he had seen and heard,
that a number of prominent railway companies were responsible for the introduction of the interstate-commerce bill in Congress. He said that in his opinion the great trunk lir.es of the East had practically pushed the bill on to its adoption in Congress, and had never been known to express an opinion against it These great trunk lines were the ones to profit by the adoption of the bill. For instance, the Vanderbilt system would profit greatly. It had the New York Central, the Lake Shore, the Michigan Central, the Boston & Albany, the Bee-line and
the Northwestern roads in its circuit, and employed about one hundred thousand men. The Lake Shore, for instance, employed twelve thousand men, of whom only a comparatively few werj authorized to make rates and change the tariffs? Mistakes were often made by these rate-maker:, sometimes purposely and sometimes unwittingly. But as soon as it became a crime and punishable bylaw to violate the terms of an agreement, or to cut the rates, so soon would all ratemaking cease, and all illegitimate competition would be at an end. This would save the railroads a vast amount of money annually. Seems To Be a Puzzler. The meaning of the interstate-commerce bill on many of the most important evils it seeks to remedy seems to be a puzzle to the best posted railroad men and the most eminent lawyers. The New York Evening Post says: "If four profound railroad lawyers, when nothing is at stake, construe the terms of thebill so as to arrive at diametrically opposed conclusions, what results may be expected when millions of dollars may depend upon the issue? Putting aside altogether its merits and demerits from an economic point of view, the measure might be properly vetoed as a protest against so barbarous a use of language. Should the bill become a law, we m:ght even be subjected to the humiliation of witnessing the august Supreme Court
tossiug up a coin to decide which of two or three, or more obvious and logical constructions should be put upon the phraseology of certain mysterious e la uses. It is necessary that the railroad traffic of so vast a country should beregulated by wise statutes, but the very necessity makes it imperative that such statutes should not be capable of varying constructions."
COPY
OFFICIAL. OF STATEMENT OF THE CONDITION
OF THE
PHCENIX INSURANCE COMPANY
The amount of its capital is
The amount of its capital paid up is. .
On the 31st Da' of December, 188G.
Located at No. 64 Pearl Street Hartford, Conn.
THE ASSETS OF TIIE COMPANY ARE AS FOLLOWS:
Cash on hand, fn bank and with agents..... United States and State stocks and bonds, ... Hartford bank stocks Miscellaneous bank stocks .
Corporation and railroad stocks and bonchk...... County, city and water bonds 7 Real estate........ Loans on collateral. . Real estate loans...... Accumulated interest and tents
Cash assets.
LIABILITIES. Losses adjusted and due Losses adjusted and not due Losses unadjusted ................... Losses in suspense, waiting for further proof.. Amount necessary to reinsure outstanding risks
Total liabilities The greatest amount in any one risk, special cases, $20,000.
$2,000,000.00 2,000,000.00
$350.34.2 133.025.3-1 618,006.00 S54.995.00 2,016.685.00 .193.250.00 210.321.98 52.120 00 711.650.00 19.491.OS 4,709,928.61
$203,590.30 1,483.992.64 "$1,037,582.91
State of Indiana, Office of Auditor of State. I, the undersigned, Auditor of State of the State of Indiana, hereby certify that the above is a correct copy of the statement of the condition of the above mentioned company on the 31st day of December, 1B!$6, as shown by the original statement, and that the said original statement is now on file in this office. r.. i In testimony whereof I hereunto subscribe my name and affix mv official seal, this 10th day of L January. 1887. JAMES IL RICE, Auditor of State. OFFICIAL. COPY OF STATEMENT OF THE CONDITION
. Off THE
COVENANT MUTUAL LI HUE COMPANY On the 31st Day of December, 1886. Located at No. 712 Pine Street T..... St. Louis, 31o. THE ASSETS OF THE COilPAXT ARE AS FOLLOWS:
Cash on hand and in the hands of agents or other persons Real estate unincumbered Bonds owned by the company, bearing interest at the rate of 6 per cent., secured as follows (market value); i 17 Missouri State bonds of $1,000 each.. Loans on bonds and mortgages of real estate, worth double the amount for which the same is mortgaged, and free from any prior incumbrance Debts otherwise secured. Debts for premiums . All other securities ,
$10,593.83 07,775.00
18,310.00 229,416.40 19,184.81 46.900.2 L 6,421. 1&
Total assets.
' LIABILITIES. Losses adjusted and not due t. All other claims against the company Amount necessary to reinsure outstanding risks ..............................
$ 397.601.5
$3,759.31 32.1ft: 310.315.00
$319,106.49
No limit.
Total liabilities-. The greatest amount in anv one risk. $10,000.00.
i he greatest amount allowed by the rules of the company to be insured in any one city, town or village:
Facilities for Bail Production. Chicago, Jan. 3L The Chicago Journal of Commerce will,- on Wednesday of this week, publish reports from every Bessemer-steel plant in the United States, showing that America has a capacity of fully 3,500,000 tons of steel rails for 1887. The Journal has computed the following table as the result of its inquiries: Spring
field Iron Company, 120,000 tons; Indianapolis Rolling-mill Company, 75,000; Joliet Steel Company, 200,000; Lackawanna Coal and Iron
Company, 216,000; Troy Steel and Iron Com pany, 120,000; Montour Iron and Steel Companv,
90,000; California Mills, 50,000; Lochiel Iron and
Steel Works. 50.000; Cleveland Holnng-nnll Company. 200,000; Road Iron Company, 20,000, Union steel works, Chicago. 168,000; Colorado Coal & Iron Company, 125,000; Cambria iron works, 100,000; Western Steel Company, 132,000; South Chicago plant, 250,000: Bay View plant, 50,000; North Chicago plant, 200,000; Carnegie, Phipps &Co., 125,000; Union iron mills, Pittsburg, 50,000; Edgar Thomson plant, 450.000; Scranton Steel Company. 175,000; Pennsylvania Steel Company, 300.000; Bethlehem Iron Company, 250,000; Worcester steel works, 50,000.
A total apparent rail capacity of 3,671,000 tons. The paper says: "We do not pretend that this is absolutely correct, nor that there wili be no accidents or interruptions to interfere with the full capacity. From careful estimates and statements furnished us the rail mills have already contracted for an amount much nearer to two million tons than to what has been generally reported. Evidently there is no immediate necessity for importing steel rails, but as the rail capacity is beyond that of the converters, the imports of blooms may amount to half a million tons during the year, should the price warrant Just now they are relatively much higher than rails."
More Wabash Litigation SPRraoriELD, I1L, Jan. 3L Bills were filed In the United States Circuit Court, to-day, by James R. Jessup, aeting as trustee, in two
issues of bonds of the Illinois & Southern Iowa railway, dated March, 1862, amounting to 300,000 and. an issue of the Great Western railway, iu 1859, amounting to $2,500,000,
which are underlying mortgages of the Wabash system. The bills are for foreclosure of these
mortgages, and also for foreclosure of a mortgage dated 1867, between the Wabash & Western railway and said trustees, which include the two lines in Question, and other lines of the system amounting to $15,000,000. These suits
are begun in harmony with Judge Greshams famous decision requiring local jurisdiction.
State of Indiana. Office of Auditor of State. I, the undersigned, Auditor of State of the STtate of Indiana, hereby certify that the above is a correct. copy of the statement of the condition of the above mentioned company on the 31st dav of December. 1880. .a l.. iUn 4. tA..n J 41... t.1.. :.i 1 4.4.-' t : " 4.1.1
as shown by the original statement, and that the said original statement is now on file in this office.
r-.,. i In testimony whereof I hereunto subscribe my name and affix my official seal, this 21st day of lSAJj'l January, 1887. JAMES H. RICE, Auditor of State. , OFFICIAL. COPY OF STATEMENT OF THE CONDITION - or TXK
i MERCHANTS' INSURANCE COMPANY
On the 31st Day of December, 1886. . Located at Nos. 776 and 778 Broad Street, Newark, N. J. The amonut of its capital is The amount of its capital paid up is........... .t........
$400,000.00 400,000.0(1
THE ASSETS OF THE COMPANY ARE AS FOLLOWS: Cash on hand and in the hands of agents or other persons Real estate unincumbered................................ Botds owned by the company, bearing interest at the rate of 4, 5, 6 and 7 per eent , secured as follows (market value): United States registered 4 per'cent. bonds State, municipal and corporation bor.dg Stocks Loans on bonds and mortsrages of real estate, worth double the amount for which the came is mortgaged, aad free from any prior incumbrance.................................. Debts otherwise secured........................................................... ........ Debts for premiums..'..................................................................... All other securities.
y39.039.09 125,782.17 76.575.00 385.593.0O 92,480.00 445.Ot27.0O 17 030 .00 01,500.28 14,900.00
Totalassets $1,258,891.84 LIABILITIES. -
Jjosses adjusted and not due Losses unadj-isted ... Losses in su. tenso, 'Whiting for further proof All other clauas against the company. 1 ..."".J Amount necessary to reinsure outstanding risfcs
$18,356.85 23,414.43 8.650.00 23,726.92 361,485.12
Totdliabilities $135,033.33 The greatest amount in any one risk, $10,000. The greatest amount allowed by the rules of the company to be insured in any one city, town or village: No general rule. State of Indiana, Office of Auditor of State. I, the undersigned, Auditor of State of the State of Indiana, hereby certify that the above is a correct copy of the statement of the condition xf the above mentioned company on the 3ist day of December, 18 8G as shown by the original statement, and that the said original statement is now on file in this office. . ' TrvatI n testimony whereof I hereunto subscribe my name and affix my official seal, this 17th dav of 1 J January, 1887. . JAMES H. RICE, Auditor of State. OFFICIAL COPY OF STATEMENT OF THE CONDITION
-or TRE-
Sued for JSreaklne a Marriage Contract. From January to August last James M.Mitchell courtjfl the affections of Miss Jennie McElhany. "1 hey talked much of marrying, and the young Tdy thought Bhe fully understood the much-wished-for event would in due time come off. There was a change, thoueh, and about the 1st of August Mr. Mitchell transferred his affections to another. For a while he continued to call upon Miss McElhany, but ceased to talk of marriage. Finally, he ceased his attentions entirely, and theu it was that Miss McElhany went to him, and besought him to keep his promise. He refused, and as a result of the refusal has a $10,000 damage suit on his hands for breach of marriage contract
Colgate's Cashmere Bouquet. A white, pure, deliciously-acented toilet soap, which never roughena the most delicate ekiu.
The terms upon which the Adams Express
Company absorbs the business of the Reading Express Company is a contract for five years at a fixed annual rental. The former takes the equipment of the latter upon an appraisement made by impartial parties. It is stated that this deal between the Adams and the Reading express companies practically shuts the express business of the Baltimore & Ohio railroad outof New York, as the Reading Railroad Company would take the Baltimore & Ohio express busi
ness only unaer specinc rates. The Pools Under a Cloud. Without question friends of pools are at sea as regards their future. A belief prevails that
associations of some character will be kept up without the objectionable feature of pooling. This week will doubtless do much toward solving the problem as to what shall be the character of the future association should the managers decide that an association of some character is a necessity. Commissioner Blanchard is home from the East, and preparing for the several meetings to beheld at Chicago this week. Among these meetings is one of tne Peoria pool lines. , The Chicago committee will meet Tuesday, and the general meetings, both of the freisht and passenger departments, will follow on Wednesday and Thursday. The 15. & O. Express and the C, H. & D. System. The announcement was made early in January that the B. & O. express had concluded negotiations with the managers of the C, EL & D. Railroad Company by which it would occupy their
lines with its express on Feb. L The announcement came from New York that the contract between the parties had been executed. Then word came that there"was a hitch in the negotiations, and finally it was said the contract was not to take effect until March L It now comes to light that the contract waa signed early in January by W. II. Trego, general superintendent
Real Estate Transfers. Instruments filed for record hi the recorder's office of Marion county, Indiana, for the twenty-four
hours ending at 5 P. M., Jan. 31, 1887, as furnished by Elliott & Butler, abstracters of titles, Boom 23 .5Stna Building:
Henry W. Muir to Adam Storch, lot 7, in
rJaugbville subdivis-
OHIO
FARMERS' INSURANCE COMPANY On the 31st Day of December, 1886.
Located in.
...LeKoy, Ohio.
Warman's heirs'
$1.00
THE ASSETS OF THE COMPANY ARE AS FOLLOWS;
Charles H. Larsh to William C. Robeson, part of northwest quarter of the northwest quarter of section 21, township 14 north, of range 4 east, containing 40 acres Lemuel F. Montague and wife to Elizabeth Laroche, lot 8 and part of lot 9, in the town of Acton .. Michael Clune and wife to Jane H. Pattison. parts of lots 68. 69 and 70. in Mo-
Chesney's subdivision of outlot 150, in Indianapolis .... Martba E. O'Neal and heirs to Marietta A.
Davis, south half of lot 3, in square 1, Drake's addition to Indianapolis 2,500.00 Insnram A. Phipps to Charles A. Killie,
east half of lot 55, in Robert Hanna s addition to Indianapolis Daniel A. Porter and wife to Elias E. Post.
lot 17, in Stronxr & Co's subdivision of
block 17. Johnson's haiis' addition to Indianapolis 1,800.00 Jacob S. Mustard and wife to William Mustard, part north half ef the northeast quarter of the southeast quarter of
section 11, township 16, north of range 3 east Gottlieb Kraemer to Catharine Parsons, lot 60 in Daugherty's subdivision or outlot 99, in Indianapolis..
2,523.00
112.00
800.00
2,000.00
Cash en hand and in the hands of agents or other persons.................................. Real estate unincumbered Bonds owned by the company, bearing interest at the rate of per cent!, secured as "follows": United States 4 per cent, registered bonds (market value) County and municipal bonds, 4, 5, 6 to 7 per cent. " Loans on bonds and mortgages of real estate, worth double the amount for "which the same is mortgaged, and free from any prior incumbrance.............. .............. Debts otherwise secured . Debts for premiums AH otter securities . " """ " """" """" .
$1R3,622.10 18,000.00) 31,750.00 92,697.08 738,346.33 19.500.00 219.138.86 44.343.87
Totalassets... $1,347,398.89 LIABILITIES.'
Losses unadjusted................ Amount necessary to reinsure outstanding risks..... Total liabilities. The greatest amount in any one risk, $6,000.
$45,995.61 879,621.38 $925,616.99
C00.00
State of Indiana, Office of Auditor of Tstate. I, the nndersifrned. Auditor of State of the State of Indiana, hereby certify tkat the above is a correct copy of the statement of the condition of the above mentioned eompany on the 31st day of December, 1886, as shown by the orurinal statement, and that the said orkrinal statement is now on file in this office.
In testimonv whereot I hereunto subscribe my name and affix my official seaL this 24th day ef January, 1887. JAMES IL RICE, Auditor of Stat.
500.00 SEAL.
Conveyances, 9; consideration.
.$10,836.00
Convicted of Horse Stealing. In the Criminal Court, yesterday, Samuel Doraey, colored, was sentenced to two years in the
penitentiary for stealing a horse from Frank Soliday during the Blaine demonstration two years ago. His conviction is due to detective
Thornton, who last fall traced him to a coal mine in Illinois, and arrested him nine hundred
feet under ground.
02STT
$1.00 PER YEAJR.
Usually such things as are advertised pos
sess no value. But who would say that Dr.
Bull's Cough Syrup possesses no meritl It is the standard remedy of our age. Price, 25 cents, a botUo.
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