| Show UNION PACIFIC FUTURE I 1 I 1 reorganization scheme has hai I 1 been perfected I 1 I 1 I 1 WILL BE ANNOUNCED AN SOON I 1 I 1 assurances have been received that the plan la Is acceptable to the government ern ment and the new company will soon bo be in possession actual net Amount of necea sary to control the property a mink for president and george ar cannon for director j all I 1 SPECIAL 1 it boston boat e as mass maski june 14 the ions iong ex peeled unton union pacific scheme schema lias has hoen been perfected and will h has 1 made public in 0 a o ton few day pi assurances have awn reck received ived tha 1 t the be plan la Is acceptable to the govern ment and the new company will be ben ili bion of the road the new plink plan provides for the scouring of tb ili road jay tile committe V borth for the actual wi net sum of although altho the minimum told hid WAR waa fixell at the difference Terence dlf la ia mado made MI up in the I 1 form or of deductions in the vs av ay of sinking funds etc The people wh 1 are ree active anthe in tho new company iss hav visit already secured the sum bum needed elior or W V mink of of boston loss as aa probable pro bablo president of tile the now new cor cora operation por atlon i the allotment nl of first enort gage 4 percent bonds which under r th original plang voa mall to lo bei if 10 to be reduced under the new plan to lo ITS and there Is in to be bc aji ln in emetic crease in allotment of preferred gioeli stoc to the union pacific sinking making fund aff a avid the kansas pacific console the reorganization committee sam hai ha i now flow se cured cirod practically all of oc the outstanding honda bands afloat and nearly all stock lock tho the oregon short line and the kansas sr I ornah omalia a and the st joseph grani grand island being separately organized pa pas out of 0 the union pacific system TIMI denver texas gulf and some of biuk th amax fler lines in kansas and nebraska i isaich alch are unprofitable properties toa it arr not to be included in the new at ion plan and are to shift for themselves george 0 cannon of land and collie P huntington are probable future officers MR REPORT new york june 14 34 if 11 W rosen laum nho nent to europe 4 in tho the tit r sonio some of the fled sha shareholders holders of the union pacific returned today ile he may that ho was waa more Pen tiao evela for abea he started e 1 I rutty fully rea lizo he raid the great d dini culty of opposing the pou powerful syn d dacate cote m aich la Is ena raged vion now in the so called re rc of at the union pacific company some prominent houses however hower have them solve nelves on our side ride although for the taw p sent they to 10 hair hav flit thear ar names withheld ax until the opposition Is moro marks I 1 crystallized I 1 thin company can be easily re or without tile necessity nem of crece jag kofl on preferred stock I 1 think SO can be easily saved to the shareholders of course cour fie all union pacific re rc or plans are arc dependent on t br ing able to effect a settlement ut of ell the government debt on about the borla basis which tile the prevent organization reorganization re committee contemplates but it if such a pet lan can ste be obtained the th c cre r allom of till thih k mass ass ot of preferred stock is 11 als ab Pol politely find and ma tt there aro am still hill I 1 hopes lio however never that be induced to grunt grant ark an extension slon of the debt on a fair basis with a sinking fund tho the Volio athole loo government debt could be dl barged v a reasonably time find there is if no nt ne ce ity for the government to lose lone ones ond dollar tho the union Paci not counting the pal pa anta racil facts into tho the collateral trust fund and rome home extraordinary items hems such a asto losses on investments mill nos not occur xv earned last year a ouro ur plus alaur 4 of over and above payi pay i merit ment to the government 0 of 1 1 after having charred charged the fult full on till all its direct excer t the he A various arlous collateral loans loana NN latch area re hou hotte vur evor nearly self aek supporting there them Is not the slightest doubt that the interest on about 37 MUK flina na mor bonds can be reduced froni fron 6 ar per cent to 4 per cent w liholt the cessley r of g riving the first mortgage mori frao ce 0 nd A millions n s in preferred prefer reil stock as aa so a bonus bonne Tta ilat plane alone could gave ae to the company pa about 7 a year lear and h have ax ny I 1 enabled the company to apply last ac year aim toward tho the payment of oc the government riehl of course all financial men reallie mal lass that it if the government wants want to sell ROSE out its claim shot ant receive cash it want be quite impossible to nealise realise the full sum off at about which Is IB now oniris to tho the government still and the government bould have hae to a if heavy aurillee sacr acri Ulce any benait sc risking from thin acri fica should havo however ever in all justice anti and fair nevall go fro to tho the stockholders and that Is left after havone made a M kill the be bond n it boldea by right knol and equity must revert renert to the elie present share shareholders holden Co loredo midland i J S gard card has been appointed city ty agent for the colorado midland by general Ie agent asi nt brown bromn mr gard mill be an member of tho the salt lake general of coffle andai ais general allut 1 it in Stun montana tans it Is thought that he mill hap clu ciare of the olty recently opened by ali tile short line thin plan ir in lh the one lie molt likely to be followed fol lonard hy fly all the other chicago colorado lines as to open me KO ciany separate in butte and ami portland would be too test expensive ill view of the fact that additional traveling men from salt lake can solidity handlo handle the butu burd ivess general agent nei tits and trac eling passenger Paa agent cushing of tho the denver rio grand are also looking after the Nonh went business temporarily for their line grabbing mountain passes lyos angeles cal june 14 B E jj J eaulm BaldT to la working to secure the ono one practical puns post remaining in the sierra madro mountains and the only way by bv milich alch a rall railroad road from the 1111 north could enter tile the country south of tile the range A anrce of men Is now engaged ron co n strutting ting a list front from tile the UK big santa san anita canyon over to alie the territory adjacent to the north fork or of tho the san sam gabriel abriLl Cl canyon and thus thua making B N pathway inac comay over to the mojave desert tho the grado Is being made one foot in sixteen feet and ran can readily modify bo be models available to a it by a line in fact it in announced by enoi close cloae to mr air list adwin shut an ain elect r I 1 I 1 road and mill be built ilbong the route 0 ot tills this trall trail the road atilt IO 10 0 o the in inke ke ivnik and over through t the irl e P pawa s lo 10 0 I 1 I 1 he A I 1 depe desert rt n and n it presumably A ably from hera on to go ant elope vitt valley I 1 it V tills move n I 1 vl A III sevc control 1 raf pf ill the t only I 1 1 y renta tiling nags to ioa 1103 angeloa f dom 1 0 m tile the north tile the S southern 11 uth pacific ila has secured two ill the soledad rind another over on const line cajon far toward the cast la Is III hi the hands of the santo santa fe fc fast time than for or fast freights tito union pacific I 1 la making remark i ably fit at s t time with ila rutt fruit fast fanti freight and portland Port lund Pr special elial trains cormor Tor mr tat fast records am lacing smashed almost every day their aln lr wit last record was made saturday Sat evening and sunday morning with twenty loads loada ahti al ticen cheyenne and ogden oe jen as fr orallous allous nii oMs leave Ch Che conno onnO 10 IN m arrive jammie tio p tit ni hi 66 mil grall deallo lati 71 p pa arrivo arrive falln n 11 y 0 p an m 14 illies elgiva birz p tn lical arrive tive licen green iziver av a m 1 vallea vC gril green j z f u an arrive I 1 k a 0 in ill III miles 1 ibave vo j av anston 6 35 a n tn talve 0 tn au it in 76 6 oad tort a iou 0 in ifer M 11 i lit his makes miles in ill hours and taa atto minutes I 1 in there were four foul stops rot or live each each to chan chancre we engines rind and crews and six nix stops for witter fand and coal averaging five mill me delay ench or it a total in stoppages of fifty minutes tile beI and rolling stock are lit in such euch excellent condition that the com coin rany party bo be able to 10 kep keep up oil tills this aft inai nak kable fast ast indefinitely and it ft li 59 understood that fuel trains are on tile tho line to stay atay if the th reactor aill study this haq table of runt runa between division points then talco take into aaion oa the fact duct that twelve stops stopa tor for changes still and for taking on mater tail and mal using up fully an hour holle in actual stops lie be wilt alu find that very cart time hm A as a tod over one division iho came ill up tn n that of tile the fast niall arched oje anil tit times lani a rate of fifty miles per hour bout vas made mad the division runs there re ham been much talk along alone the enlon Pla pacing cillar taft th post pat few CPU lays days about changes I 1 in m and 0 crew divi I 1 bolls lolls one rumor as to tile effect aliat ei egenes wines and anal treiva ram would out it bo be lun full amro og dava to granger Gran thence to nan fins m while bile the third division bould extend to che cheyenne aeline thus in creasing the crow crew and engine bervice in ml leap and time the mortn so e r 10 be the idea oc abandoning abandon ine the works nt at evanston Ev anton I 1 brwn reen river ard Lar antle seems BC ema foolish I 1 especially la this the c ase with evanston l said and green river ailen lien to macco granirer a division point poin I 1 won woud al require close associations alth the lh oregon short line tho the two fit at present are not rauch rF c puch uch terms its aa to want tva r t such close clone relations as it a vision division ill point sov joe the two roads in the banie bame and roundhouse round house then again the freight ere crew a are not much for such long runs rum as current and frequent rumors ask people to lo believe it la is hardly profitable probable that illy any such puch changes nin aill take lake place pirce lively railroad times will TIU boom on the railroad this dmn and the ahr boys boya wilt will have plenty of mony it 14 1 4 rather lively nt at present hut but nothing n am to what it will be the fruit crop in call forkla Is immense and when shipments commence in earnest it will require six nic tull full trallis trains dally daily to lo transport t the he produce prod uce across the continent these trains will be A 13 C tt E F and will have fat fast schedules at hoca prep rations have brain arnal to ice cars and oleo irle power has lapen been put in on top ton PC oc this comes abo th news that rat pat flannigan will ship mad ot of sheet sheep east next month all around tile the outlook Is for exceptionally bely times on an the rat railroad broad dispatch suit tor for ilse ot of cats cars tann juno june IC the railway ay equipment company of 0 new jorrey today brought brous cht suit nult lit in the chancery court of 0 that city P tile hie southern ballway pall woy enni company pany for for the oos ne of alwo mat coat cars cais foil or tile alie old rat bait ra t tennessee virginia VirgIn la georgia rat rail may lay this arthun was war taken in is ic sponge to a lecont decision of united states plates judge dark clark holding that the South pin railway company is liable lor for the debts debt ot of the old ohl road refunding mortgage ind june M tho directors dl and stockholders holders PC r tho the chi tiso indianapolis louisville Loul lavil le hallway COU PanY uie the Alo nort at it a meet ing ine hero here today authorized tile the filing pf af a refunding niort gage on ill the Q property of tire the company in favor of the centt central al trust company of now new york 10 to secure an issue vit of il bonds dividends declared new nen york june I 1 11 I 1 the director directors direct ois s of 0 the t he laue lake shore share rollay rn uk ay met today tort y find and declared the regular mervil annual annum dividend of 3 per cent the follow follo ing mervil beal annual dividends dividen lit naom alto also declared doc lared michigan conti Cent central ial al 2 percent per cent and canada southern I 1 per cent A quarterly dividend on new york central al ot of I 1 per cent was also deci declared ared the quer tily dividend on cleveland cincinnati chicago st loula louis preferred ot of I 1 per cent was waa passed railroad Eail road sates notes the garneld garfield if beach tame caid ard was wag changed ceased slightly yesterday AT 11 Bc beardsley ardsley of the tito ilo grande granda hotels vote la Js at the walker P F L Hard ln and john ora of the garfield beace force are at the walker general agervig 11 II 1 I 1 C clay ay of f tha he I 1 11 anlon pacific will be back froidl from the last today J E markel clarkel has been in the city fw for a week past arranging the gar car bield repairs 13 A general fr traveling dellno passenger li tenser agent of the union sivert si veit passed sunday in the city agent tobin hafi ban moved bla hi family lo 10 ti ogden an AH ties liaa tom 1 daa Is also alao a union official general ala flanagar bancroft Pan croft traffic manager arcles and general Ic Pas ucil agent durley burley left lot for chicago last it evening pl enjamin deece PC cc the Q C com party who la in we atlin oia to all devit ein in lal anil troad road men 1 14 a gueft at tile the yesterday erday tle tile bountiful schools hold it picnic at lagoon I affron and the ali was mas tat gairc vs the trains from 1 salt all lake afrie ere also alro crowded liti vanns kramer and Wad lelith of tire til grande western florit left for far salt kalt lake but bue sir haim balm gnon to hanl son ialo by steamer abe Salt alfir line has fail ail innovation tn in tire the way of railroad novelties ulan it JA iff a roadbed roal bwl sprinkling car and air at Is aind to 10 lay the lunt on tire tin atad tito tho par is iri similar to a t square cut sill inkling agoni fou it makes throe three round trip trpo chini wy d aloy ay und and has haa so BO fat far proved a drut cheyenne sun un leadon at alreen ither and OIL the I laranis adamle e river ari H glow dow a patt Torsa lime torge nt lit says say a alto hah was 4 ought at alreen river while lie wan there that thai nye eight liou it if tills la Is it a rth fish story li it in ie lite oil first rind and bt be overlooked novt i H general manager of 0 the ohio southern oui hern has resigned and N P F matthew is one ot of the receivers ran ban been appointed in plate aroi and atit at once move tit iha e ilea Ilu arters front aiom springfield to uma lima pays paya the I 1 journal mr bukoon I 1 latt it tile ahr utah central tt it year spar ago to po go to fo the olito ohio southern A A rate of fit 1 B I fate faie and ono fifth for ilo HIP round trip for the meetings rt of tire aemie Ten chern fi tit at logan laffan J tine alt lot and 2 ind aird and 1 I ith th ila ha bacri bee alth the short lino I IMO prisons intending to be at the meet inga inca cent kruip fio rable ladics I 1 area by call love on oil prof Xen aslon tit al wall sall aaka coll leg cec e saturday Satur doy morning rag june ake th e four our new coaches tw ter the salt 18 lie los loa angeles have gave they cost 11 it nearly anti and allt 71 excursion couches coaches over ever are the put of the turned st charles aar or works the are four feet mager that than the pullman car slid or ar I 1 it A dork to of I 1 iteen r cach rich wat cal L t va I 1 people ac 11 running alons along flit inifi 8 alde 1 di 0 0 alio llio 13 interior are an long ions hacket racks rack ea ind th the doc |
