Show Union Onion Pacific Railroad Built in Hurry Still Coming Into Its Own Upsetting Theories of Transportation Experts Twenty years ago Union Pacific had outlived Its usefulness It was a r railway nay milt t In to a a. hurry hurr with government aid alJ tended to join oln cast east and andest west est In c case o Jbf f war Therefore of or a score of oC routes examined by tho government the tho one chosen was the shortest to convey troops I t ij haste baste a te not to produce produce- a a. tonnage In quantity As Indians and wars decreased need neM for tons Increased Some Somo grain brain could b be raised along alone Union Pacific c tu but ut domestic grain could not bo be expected to o oc compete long lone with cheaper grain Imports Tu In year ended June 30 1913 Union Pacific Pa Pa- miles mUes transportation trans sold old a ton billion mote than tOOn In pre Nor Ivor Is s sest th the wet est est yet ct half hair irr lg ted od or even set act act- tied Union J lr tonna tonnage c rate In 1913 1113 dro arof r a Ir 71 Cent tent from 1005 In I Q tho bl bit big gain aln In tonnage ad miles Increase In average e distance die dis once tance the tle company compan touched tho new V hll high h s gross level of or 59 compared with prevIous high of or In 1910 Operating Operating Oper- Oper expenses were or 73 per cent more than In 1912 due chiefly heavier to maintenance and higher her a wages c blit bitt even eren so 60 Union Pacific PacU clos closed d the year rear car with a balance of or 36 or orl l 1514 H per cent for Its Us common stock Just as transportation experts abandoned abandoned aban aban- th the old poorly located Union Pacific Pa pa- Jt c In 1593 and Ie left t It for a broker to ride over It tt to the transportation throne just as aa export financial advisors In stamped stampe-d the tho suddenly risen 10 J per pcr r cent dividend rate te as a a. false also Union Pacific label no so man many critics haVo o found their credulity bankrupted b by efforts to believe e that Union Pacific can go bO on much longer loner without tremendous leaps In maintenance and sags In dividend sur sur- ur- ur plus Union Pacific spent pent per cent more moro moreon on or II In 1 1913 13 than In 1912 It because beau It earned ll was sae more mora generous o carn more but there thare Is a deeper point Tim The operating chief of or a road finds hla work I judged by his carloads and c He lie has has managed to double hl his car capacity and hIs hla train c capacity chiefly by cur f securing ing pow powerful locomotives moU Hilt BUt Ut trains trainst 4 t l t can 3 n ha handle per cent or p per r cent of or tho the old trainload mean a maintenance maintenance maintenance main main- co cost t of or two or three times Umes as much per locomotive and car And the tho far greater weight on rails mUg wears vicars and tears tarso so 10 much faster at nt track and road road- f tiki L 1 Obviously these heavier trainloads itlean heavier maintenance It is a a. case o of efficiency at a co cost t which big roads are ju Just t beginning to ponder soberly Th There ro Is a limit t to economical train loarl loading I n I Nevertheless Xe Union Pacific's ratio of expense to gross was 57 7 per cent In 19 1913 3 compared with per cent In 1912 Its traffic is rowing growing faster than Its lis rates are aro falling foiling or Its maintenance mounting There seems eem to bo ho every Indication in indication In- In that this will ill lio be the tho story stoop for fot many years cars The road TO that was sas laid out over the tho quickest and most central route across country for troops is still coming into Its own on now that development of ot the tho west is fa fairly under way a |