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Show Rio Grande Has Improved Road President J. S. Pyeatt of the Denver Den-ver and Rio Grand Western Railroad Rail-road Saturday made the following statement concerning the 1930 budget bud-get and completion of five years of rebuilding: Starting in 1925, the Denver and Ttio Grande Western Railroad uiu dertook a program of improvement to its physical properties calculated to bring about maximum efficiency in its operation and to serve the public more adequately. The major rehabilitation program was completed in the four years allotted at the beginning. We have now reverted to a normal basis bas-is of improvement. During the past five years $47,000,000 has been spent, the greater part of which embraced new capital expenditures The program included such betterments bet-terments as the virtual rebuilding of the main line from Denver to Salt Lake, and major improvements to branch lines. It included acquisition ac-quisition of modern motive power, freight and passenger equipment, and rebuilding existing equipment to replace that which was found to be out of keeping with the trend in modern transportation. Much of this improvement was made in the reduction of grades, elimination of curvature, widening fills and cuts, installation of steel and concrete structures to replace wood, the laying of heavier rail and . the building of terminal facilities. The last of these extraordinary Improvements is about to be completed com-pleted with a small installation of block signal work, which, when finished fin-ished next year, will cover 600 miles of the main line. Our 1930 budget calls for an expenditure ex-penditure of $3,754,157 on improvements improve-ments in line with the normal development de-velopment of the railroad property. Included, in the items of expenditure ex-penditure to be made will be $1,350,-000 $1,350,-000 for 10 new mallet type locomotives, locomo-tives, among the most powerful en-, en-, glnes being built. ' We will purchase also more than $1,000,000 worth of heavy rails, 100 and 110 pound section, to release rails of lighter section. This will enable us to coordinate greater motive mo-tive power and heavier traffic with speedier train operation. We have appropriated $180,000 for the remaining portion of the new automatic block signal system. To strengthen and replace bridges and culverts, an additional outlay of $275,000 is called for while an expenditure of $376,300 has been authorized for additional yard and passing tracks. Approximately $600,000 has been appropriated for miscellaneous improvements im-provements and betterments necessary nec-essary to keep properties in the best of condition The Denver and Rio Grande Western Wes-tern Railroad now takes its rightful place as a unit in the great transportation trans-portation network of this country. Primary lines as a whole are in first class physical condition. Our obligation ob-ligation to. the people of the Rocky Mountain region, therefore, is recognized rec-ognized in furnishing the kind of service which meets the requirements require-ments of the new era in transportation. |