Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1885-08-19

It is claimed that at the annual election
of directors on June Sd there was tacit
understanding among them that if suffi-
GENTLY good offer was made for the road
by any other company it would be dis
posed of. All the investors have con-
sidered the road piece of property to
speculate on, and bought stock with that
understanding. Some believe that by
Jan. I, 1886, the Minnesota & North
western will be a part of the Illinois
Central and operated as such.
The Illinois Central is now large sys-
tenn, and wcll-backed financially, aud,
with the other large systems, must in
time have its own line to the Northwest
and become direct competitor for the
wheat and milling traffic. BY securing
this road it would have splendid line,
one which would give it direct connection
to all Southern points, what it has been
waiting for for some time past MrStick-
ney's policy is we'll known to railroad
men. OF the many railroads he has built,
tention of operating them as independ
ent lines, but built them for speculation.
and he has made money by doing SO.
He has all along claimed, however, that
the Minnesota s Northwestern would be
operated entirely by the Minnesota &
Northwestern Railroad company, and
that no other corporation would have
control of the line after it was in con-
dition to be operated.
A certain gentleman well acquainted
with A. B. Stickney's affairs regards the
above rumor as highly probable, and
when asked his opinion as to Mr.. Stick
neY's course after disposing of the road,
said he believed he would continue schem-
ing. and inside of u year or two would
have new line planned. Mr.. Stickney's
actions are very difficult to understand
If he had intended selling out, it is rather
u queer thing that he would have con-
tracted to build and equip the Dubuque
& Northwestern. 1t was his intention to
push the work on that line and have it
completed this season, but in recent
conversation with a Globe reporter he
stated that he would not build more than
eight miles of the line this season. The
NJ. & NV. is regarded by wcll-posted
railroad men as property worth up
wards of So, 100000. The line so far has
cost about $2.300,OOO or little over
SEC, 900 per mile, and when trains run in
to St. Paul it will have cost about
S2.50O,0O0. The rumor has led to much
speculation, and developments arc await
ed with interest.-St Paul Globe, Aug. 10.
THE LATEsT.-A.B. Stickney, President
of the Mimi. s. N: w., stated to Globe
reporter Monday that there was no foun-
dation for the rumors of the consolidation
above alluded to. He says his road and
the Illinois Central will each have dis
tinct organization, but will do business
together the same as other lines which
have separate management yet act in con-
junction. That's all there is to it," He
further said that "work on the draw of
the St. Pau. bridge had been delayed be-
cause of the long time required to get the
steel stringers from Pittsburg. And, by
the way, those stringers are the long
est ever made from steel. have just re-
ccived word from Carnegie Bros, Pitts
burg, that they have been shipped and are
now on the way. If nothing interposes,
we now hope to have trains crossing the
bridge by the middle of September, then
we will be ready to handle all business en-
trusted to us"