Show RIO GRANDE CHANGES ARE BEING PREDICTED r Forthcoming Meeting Expected to Result in a umber of Resignations It is generally conceded in railroad circles that there are likely to be a number of changes in the ranks of Denver Rio Grande officials at the forthcoming meeting of the company but there are none who will admit that Edwin Hawley H at that time will secure control of the Gould system The sale of treasury stock in the east eastis is not denied however These heavy transactions are attributed in some quarters to the progressive policy polley that the road has Inaugurated and in the face of the huge amount that thatis is understood to have been set aside for improvements s extensions and new equipment in all the departments the latter motive seems the more plausible ble That a n considerable portion of or the will be devoted to extension is very ery probable as the company has spent nearly the past year for new surveys s into territory of which invasion by the Rio Grande would seem to be an advantageous a and busi bust businesslike businesslike determination Official reports rendered by the Rio Rie Grande as of January 31 indicate that the cost of tho the road has appreciated more than over the cost as shown In June 1903 1909 the last statement being ft The same reports disclose the fact that the Rio Grande Grando has been a heavy investor in the bonds and stocks of companies other than the Western Pa more than han having been diverted to purchases of this character Despite these heavy expenditures there remains In the treasury in cash an increase over that shown by the previous statement of The liabilities of the company were in increased Increased Increased creased about by the sale of stocks and bonds it is asserted |