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Show WILL BUILD ROAD TO SALT LAKE Vanderbilt Road to Extend Railway From Lander, Wyoming, to Utah's Capital. Deal Made Which Will Give the Northwestern an Outlet to the Pacific Coast Over the D. & R. G. and Western Pacific. New York. The Chicago & Northwestern North-western railroad, a Vanderbilt line which has been "pocketed" by the Pacific Pa-cific coast extension of the Chicago, Milwaukee & St. Paul, has, It is learned, bought a large stock interest inter-est in the Denver & Rio Grande. The current report in Wall street Is that the Northwestern quietly picked up ? block of 120,000 shares of Denver common in the open market while that stock was ranging between 35 and 45. At an average of 40, this would represent an investment of about $5,000,000. An interest of this sort would permit the Northwestern to gain an outlet to the Pacific coast, over the lines of the Denver & Rio Grande and its Western Pacific, whicli will be completed this fall between Salt Lake and San Francisco, and is partially in operation now. The Norlh western would have to do some building on its own account to make a physical connection with the Gould linos. Its present western terminus is at Lander, Wyo., but it has always been understood that the road was going on southwest to Salt Lake City, and that the bonds which it authorized some time ago were partially reserved for that building purpose. Since the St. Paul built .its own line to I he coast and the Chicago, Chi-cago, Burlington & Quincy bought control of the Colorado & Southern, the Northwestern has been shut in and robbed of opportunity for expansion. expan-sion. The Gould 'alliance would be about the best arrangement it could make. |