| Show secured to build moffat road the denver salt lake road according to a report received has completed arrangements range ments for obtaining for the proposed extension of its line west from craig colorado this amount it Is understood is in addition to expend edby the road in building a belt line around denver and the extension of the line from steamboat springs to craig from what source the road obtained the loan is not known but as security it gave five year gold notes instead of bonds the negotiation of a loan at a time when many railroads of the united states are complaining pla ining that money Is hard to get f tor or extensions has caused much speculation in salt lake as to the source of the loan newman erb president of the denver isalt salt lake Is also president of the ann arbor railroad the pere marquette system and the st continued on page 8 WW secured to build moffat road continued from page 1 louis minneapolis which aas as known as the iowa contra central none of these roads is in ili such a financial condition acco according iding to local oad men to guarantee a loan of to the den voi k salt lake and the theory Is advanced that the burlington and the hill interests liano hao furnished financial aid to the load whan the moffat load was completed into steamboat springs Loloi colliado coloia ado do all of the ballast eats camp cars and laying equipment it is bald boie the name of the chicago bullington Bui But lington quincy the shovels and picks used wele branded with the burl ing tons initials and all of the material used in its construction came over the burlington lines into denver from C chicago ili in tile the extension ext bension of the lino aiom steamboat springs to ciali dining the past summer and fall burlington Dui Bui lington equipment was used it was leport ed cd the laige equipment which the denver ac salt lake has obtained obtain cd within two years is giving food for thought to the ralli oad nien men of the west in view of the that the traffic on the tha denbei stilt salt lake at baiely pays operating expenses and interest on oil pat pait t of iab bonds and the readiness with which the five year gold notes for the nie ale said to hao haie been taken tit at par puzzles ralli oad elides circles at the various offices of the burlington route no secret is being made of the burling tons interest in the completion of the moffat road and sonie home say they would not be to see the dulling bin lington operating the road when the derived fc salt lake la Is completed into salt lake it Is said that the exten extension ion of the iho line west bioni craig will begin when the weather opens in the spi ing rails toi foi the line west of ciali ciaio have al nady been it la Is dundei stood tho the announcement is also I 1 nado jado that the colorado wyoming Iyo ming northern Noi thern railroad hlll ill begin the construction of a line noi th from craig to Naw lins wyo as soon as the load can all seccie the necessary rn money oney the latter road Is a denver conceio and would be a feeder to the denver deliver salt ln lake k 0 |
