Show WESTERN PACIFIC AND SOUTHERN pACIFIC There Is h much gossip in eastern papers over the future o ot of the Ye lern Pacific railroad A Wall paper speculating on oa the ownership bays baya Although W Wt Pacific rail railroad road idd has becu mentioned In la con t gossip In n times past with Union Pa Pacific Atchison and Bur Dur Bur as trans transportation pOI tl matters have shaped themselves In the for far elt t It Is likely that the property will gO ga either to Southern Pacific which would probably encounter great crest public opposition In the at attempt tempt or to Missouri Pacific wh which Ich would ha base hae ba e difficulty at present In financing financing the deal Meantime the thel thel l l t buying of or the common stock of Western Pacific holding t In the last few ew weeks necks has been een by brokers broker who have acted from rom time tl ti time lima for tor or an investment that senes es both Southern Pacific and Missouri Pacific as aa bankers It If the tho Western PacifIC railroad ere v sold the preferred and common stock stOCQ ot or o I Iho- Iho the proprietary company compa company gould be en bloc b the holding company but there p be a fine profIt in the transaction tran a for or who had bad bought the holding tout coni common around current pa Ys Y's level level- Without a assigning any val al value value shares oC or Denver and andRio andRio ue to 10 Rio o western Western common tho assets In which Western Wester Pacific I has just been confirmed are ara worth share on both classes o of stool stock 22 a both both classes sharing ratably I Thus at 24 21 for lor the pie common p a lIu huy luer er Is paying 2 p Ii a share for the th common equit In Western Vestern P railroad worth on a basis buls o of teal Ical valuation about 70 10 iO a share The Southern pacific ha bag has Into Yinto antie an agreement with the Wc tie Y pt ern Pacific for lor the the use o 0 ot the track rack age from Winnemucca to WI tale he miles mUes ot of Wells and the two t t roads are to enJoy cn en oy joint after ater August 1 I Th brings the Southern Pacific and the th Western Pacific Into close o rela relations but It would prove a if I the Southern Pacific should see seek te tC use any more of or the Western I Ite Pacific West of or Winnemucca the South Southern ern Pacific Is making extensive im pro and In the Sierras Is constructing a toot root tunnel for forthe forthe forthe the purpose of or cutting the grade and eliminating many miles o of snow sno sheds It will not be many ears when the Southern Pae Pacific lc will be double tracked from Ogden Osden to Oakland Oaland and then there will III be no excuse for or that road looking for tor greater facilities in handling the tha traffic traffic est seal est o ol of Ogden |