Show SOUTHERN INDIANA DEFERS PAYMENTS CHICAGO Au Aug 1 Payment Payment of interest in in- erest terest due today on the first mortgage mortice bonda of the Southern Indiana railway has been beon deferred Tho The amount needed neede l to o meet this obligation is is Tho The notices of the default in the interest in in- in- in crest terest payments state that owing to the general ener depression in railroad business aurin during urine the last six ix months which has been jeen especially severe on coal carrying roads oads the tho Southern Indiana Rai Railway way company is compelled to defer payment pay pay- meat ment of the interest due An August st 1 iOOS on n its first mort mortgage age bonds II It It is expected that arran arrangements arrangements' will be bo made at an early date for tho the payment pa arment of the interest in question ana ind in default of such an arran arrangement the he earnings 8 of the compan with the amount now available will wo we feel sure ure be sufficient even oven under present conditions to pa pay par the coupons duo August August Au Au- gust 1 1 It within days Sl Signed ned X T. T W. W WALSH Assistant Treasurer PAYMASTER HANFORD RESIGNS SAN FRANCISCO Aug 1 l.- l. i. Mai raj J. J M. M M r. r Hanford paymaster of the Southern Pacific Pa Pa- dOe Railroad company has tendered his resignation to take take- effect August Auguet 4 4 on which date he will have hava completed his lain fortieth year of ot service in the company's compans employ Ills His action Is la entirely volun volun- tary tory |