| Show fiEO J GOULD BUYS THE rUE WESTERN Ii Missouri Pacific Now tins lias Us lis Own Lino Line Right Through to lo Og rol Was Vas Secured on a n Bosis of for the Hie Properly Property Grands West Vest Westen Vesten 1111 of or the Rio mo en erl iii t 1 I in III tills city mit that they the notified that tho the thoD thoD theD hi hl U 1 n 0 D iv Ir r it KII Grande Ornde has ha taken over oer Western W tern and that tho the thet ti tl tk MI Iii IJ rinI t op i in n at zt noon ater ll 1 upon from tram ills dig f da had hI u i fl u received torn trum pat 1 i 1 thit that been I N fl York urk the baa lias happened 1100 th Ih rual now 1ST MV the rame roma status they bore bora In tn 1881 when Then they were ono one In In The fhe Denver i Uki Juu 1 hits he h i to the 4 York Yok won wor t I which c corn from NeW NelV 2 1 taken the Western 1 tr It Ita wing V n ami amias as 00 OS corge J 3 Gould owns Ons a big biff slice of ot stock tho the Western IB s soW the D I 11 It 0 th It Gould put now oW a tI Gould property Mr tip II 1 the tho price caked asked mid the he made mede In this connection Judge H fl Hark Harkne for tor the n It a 0 aW aw ne at s the We t n counsel W left last evening for Cor Denver to bo boon boon on timid to participate ato In III the thO legal of ot the transfer I CE PAID rAID p When It cornea comes to tho the irIce paid paI tot for forthe the Hock It la le ald Eald that tho the preferred was ns a taken talen at ut above par pur nail and the tho coMe com common mon tok alo at SO SQ The Ilia mo Grande Grondo Wet Went ern erzi has hO shares of ot common and shares of ot preferred stuck stock of ot tho thoI par value of ot per hare hore Tho rho price prIe I Laid aid at la le eald ahl to be bo on a II ba baI U IA of ot 15 15 1 for tor the property or orL 18 8 I L for tor the controlling Interest I I MILEAGE O ini SYSTEM In thIs purchase are arc represented GiO miles ot ut track of oC which but 1120 1130 miles c ate are narrow gauge The mileage con cont I t of ot the thu main maui line from frOU Ogden to Grand Orand Junction UtAh Uth Central branch brauch branch RK 1418 Little Cottonwood branch 1900 Canyon branch 2600 flange HanKO i Sevier 1 Hallway Pleasant Valloy Valley I branch 2513 branch 1780 1710 I mlles miles the tho balance of oC the tile be Ie belag lag Ing made mailo up In n spun purl and tramways to mines mince s and to Alta Alia Tho The I equipment and anti rolling roiling stock also aso In Includes InI Includes I j s cars carB of It which number 79 belong belon to the thu passenger department and nd there thero are n 6 engines 14 of ot which era are sellouts IN jr SPLENDID The Hip Grande Western Is le looked I upon as being a progressive road In ev ov every 0 try ery ry sen u of ot the word wor and anel It Is said that the members of ot the Dogue PUtty party r or er f exports experts who Vb w went over every toot foot cf ot the property some lome two weeks week ago ngo In Inthe Inthe the tho Interest of ot George a J 3 Gould bald I were loud In their praise of oC tho the physical con condition dIllon of the line Ever since tho the pies piea nt list of has haH ha been ni Il the head of ot affairs directing tho tIm helm tho the road roa has baa been a n the tho word go ge In His th estimated nn Oil 1 nun minI earnings ot of the Western were 2 mm the earnings for fer tho the year ear car 1500 mo I tooted footed up to the bIg bt total of ot Him Himen en sTI or an nn Increase of ot over oer double tho the j amount WHAT WHAr 18 IS THE STEP Now ow that tho the RIo nio Grande Orande Western t has lias been absorbed In the community of oC Interests everyone here Item la Is wonder wondering ing what will Ifill be tho the next step which UIl be taken While none of ot tho the officers or cm oer over at the th general ftc arc urt from pen lIon paralysis today tola nt at the same came tIme they y are rather an nn anxious anxious as I to the tho outcome lO of ot the consoli dalton dation l and feel that while they the laughing at the Short Line home boma omo weeks ago oLga that they tile ore are In Ira the S name boat today tOllo loves Com COlli Company om pany any and there have hao been several ex oX exchanges changes of ot condolences on How Itow today among amon those who are oro en enacting enactIng acting neUng the role rolo of ot Damocles In tn tho ho hair suspended sword not net That the com corn community of ot Interests Is to t bo be operated In Lii the tho Interest of ot economy before beloro senti sentiment ment mont goes toes without saying Nothing will bo 10 done possibly In Iii tho the direction of oC cut I ting down the forces before next fall Call but those e affected are Me beginning to fore tore forecast forecast cast all kinds of oC dire calamities ll In the near future and are oro prophesying that there thero will not be bo two sets Beta of ot edicts anywhere to look hook litter after the Interest of ot tho the combined roads Not only ani does docs this fitted Bait Salt Lake but there will wilt be lie no non n of ot running general agencies of ot tho the Rio Grande Western West em and the Den Denver Dener ver er oHIo Orando Grando In other cities of ot tho the country One Ono or the tho other of ot the tho of at will have IU eto to po go 0 In every eer town Where huo they have representation COMMUNITY OF O INTERESTS The rho same Mme policy that has hils been put Into operation on the tho Union In regard to the Oregon Short Line Ihne and tho thu Oregon Origon Navigation corn com PanT pany will alto al o la be in vogue ogue with wIll the Gould linos n and other roads which are aie to b be consolidated 11 In the future In the of ot Interests lat ruts and Ind the uphold I hug Ing of ot tho rates rate Not only oaly are aN the tho raU road men In Utah wondering where this thing Is I going to end but thero there are of ot railroad men scattered throughout the tho length and breadth of ot the tho th United States s who are shaking In III their heIr shoes hoes mid and awaiting tho the sweep of or 4 the axe an The railroad magnates have ordained that rate cutting must stop and that freights shall Ahall be equitably di III II vied vided among the roads roll consequently In du reason Uon pet on there will be no we U o lot for the tho energetic freight and passenger ener rustler who acts gNs out on the highways and and captures the cars catS of oC freight panics hila then nI as ilK one combination though their corporate in integrity Int t will bo be maintained UHS IN IT The MIhe and George Georgo Gould an agreement whereby will immediately set et about almut the Ih construction of ot a 11 railroad from El Ellau Jaso laso Texas to Santa Satta Ita N M I and thence of oC this to Santa Ke Fe r e fire Tho Importance new line lino In a n plan for tor ex ox extending c tending neW Ino the power bowar ami scope of li Pacific can bo lio readily understood when tIre the foot feet Is taken Into consideration tion that Dl ri iao Is 18 the he western terraIn terminus us u ton of at the th lacto which u 1 controlled h by jy the Missouri locle and le lv 1 in I by I the southern southernmost must most branches of ot the lie Denver Denser B IU that such an on extension would connect tho the Texas ft Pacific with the Denser P Hlo a very vry im important link In 10 Goulds chain of ot couth luth railroads This explains George Goulds re recent recent cent celI lol lv GrorGe oC it f stock mock In the lenor Ilia JIb Grande and also Its In re reo strength IQ of oC late Into In the tho stock Block market AFFECTS UTAH UI It I Is I generally believed that the pro project tro prOject to build train from II I I Inso to Santa SantaFe Fo Fe l o Is In 1 part of ot a it plan on the Part of at to extend the Missouri orl system nil al through Colorado Utah and New Mexico The Tho Missouri connects with wih the Denver Deavor Hlo Itlo Ho Grande rande nt at Pueblo and Denver I ner Colorado Gould now being belo beloIn In control of ot Denver Hlo 10 Grande and the tire directors of oC tho tM latter later road rOld having havinga a arrangement with wih tho ho Rio ni Grondo Orando Wester Vester even oen If It I they have ha not already to l It I an nn outlet to the P IQ tint const coast Is In assured to 10 tire tha Missouri 1 via Ogden Odel which Is I reached by tie the ne Hlo Ht O Grande Western MAP 1 ALSO NAMED Tho Tim arrival In tn New York from London yesterday ester ny of oC Attach Ansel 1 Oppenheim i the first Ice president and practical manager of the Chicago Great Oreal Western Wester familiarly known l as 0 tho the Ma Mapie MavIe Io vIe pie Leaf led lell to tu rumors minors that George O orlo Gould contemplated purchasing tho the road aol and adding It to the lInes linen ho lie pro proposed posed I ld utilizing In his projected proJect el com corn combination Porno iome 1010 strength was lent to this tins proposition by ly the tho fact that before be Core Mr Jr so fO hurriedly loft left Lon London London don for tor Now New York hs ire h gave an Interview on mild thin llio railroad situation In which he U Consolidation ton Is becoming the tho or order order der of or tho tiro II day my In Iii II tho the United States Competition lina haA boon been so great there thero that Hul largo large financial have ba be Caine ore satisfied at that tho thio truly only way to maintain a n fair lahr rate of oC dividends for tor of ot American securities lies In Inthe Inthe Inthe the consolidation con Ho Bo far as I our floe lino Ino Is l concerned there thero then are lre negotiations now pending which may ma result In the road being bellg absorbed nb Hut flut nil all al I can eon say Ra at tho the moment IN Is that every shareholder will wil b protected George Gould whoa when nuked asked If ho con contemplated purchasing the th road rOld an nn answered Most assuredly not nOI and con conveyed end Veed tho the Impression III that he ho did not consider tho the acquisition of oC the tire road material to his scheme of railroad con eon consolidation Bol daton anti and extension |
