The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-09-02
HE HAO NO = OON
Huntington Out of the
Santa Fe.
FORESAW WHAT WAS TO BE.
Sold His Interests Before the
Break.
FORESAW WHAT WAS TO 81
CROKER TO CIRCLE THE GLOBE
A Citizen of Fresno Points Out the
Necessity for a Competing
Valley Road.

e. p. Huntington has ceased TO be a
stakeholder in the Sante Fe. At one time
the head of the Southern PACING was the
owner of large block of stock in the sys-
tenn which is the greatest rival of the Ken
lucky corporation. Shrewd railway men
then asserted that it was the ultimate OBJ
ject of Huntington to obtain control of the
Sante Fe and practically merge that cor
poration into the one which he controls
This would do away with competition in
Southern California. 1t would give the
Southern Pacific through overland land
line by way of MOjave 10 Chicago. with
the Colorado Midland part of the Santa
Fe system and the Rio Grande Western a
neutral line. 1t would also give through
line between San Fran cisco and Chicago
by way of Ogden, Pueblo and Kansas CITY,
The throwing of the Santa Fe into the
hands of a receiver upset Huntington's
plans. if he had any, of merging that cor
poratiOn into the Southern Pacific. The
plan of reorganization of the Santa Fe
gives little hope for the stockholders. 1t
is virtually conceded that when the road
gets out from the hands of the receiver
and is again rlaced on It's feet the stock
holders will be frozen out and that the
VIII GOullUl tllO IOdus
Although the owner of a large block of
stock, Hunt gton had no voice in the con-
troll of the road. He was shrewd enough
to foresee what was coming and quietly
unloaded his stock.
&c. L. Huntington to-day does not own
dollars worth of Santa Fe stock" said
one who is close to the president of the
Southern Pacific Company. He disposed
of his interests some time ago. He is too
shrewd a man to be caught mapping by the
bondholders, and is in no way interested
now in the fate Of reorganization"
1t was admitted that the stock had to be
disposed of quietly. and 1t is said that it
required deal of management to dispose
of the large block which Huntington held.
1t is surmised that the stock was sold in
small lots. and that considerable portion
of it went to Europe.
c. F. Croker contemplates making a
tour of the world. Ee will start in about
month. His itinerary has not been
made known to his friends, but he will
leave this city on the steamer for Yoko-
hama. After tour of Japan, if circum-
stances permit, he may make a trip to
Korea and see how the Asiatics conduct a
war campaign. If hostilitles do not pre-
vent visit TO some of the cities of China
may be INDUCED in.
Colonel Croker will reverse the voyage
of Jules Verne's hero, making the circuit
of the globe with the course OF the sun.
He will not undertake, however. 10 make
the trip around the world in eighty DAYS
and will make no race against the lower
ing of the records which Nellie Bly,,
Bessie 6island ana George Francis Train
established some years ago.
How long he will be absent has not been
determined upon. Colonel Croker will
travel in leisurely way. He will visit
India, Egypt and the Holy Land, and will
spend some time in the European capitals
Dispatches received at Fourth and Town
send streets yesterday state that the re-
ports of damage to tracks in Texas have
been exaggerated. A press dispatch an
nounced that forty miles OF track had been
washed away.
General Manager Cushing of the At
lantic system of the Southern Pacific
wired that the company hoped TO have
trains running through again by to-day.
A. G. Hutchinson, president of the Nor
gan line, sent message stating that the
announcement that forty miles of track
had been destroyed near Uvalde by floods
aud earthquakes was incorrect. The prin-
cipal damage done was due to the loss of
several spans of the bridge over the Leona
River. AS the river was falling no more
trouble was anticipated. and Mr.. Hutchin-
son added that the force at work would
probably close the gaps by night.
The family of j. A. Fillmore. general
superintendent of the Southern Pacific,
left for a visit East on Fridays overland
train. The following are extracts from a
letter received by the Traffic Association
from a prominent citizen of Fresno, who
writes:
That the prosperity, the very life of this
people Of the valley, depends on our
shaking off the grip with which the South
ern Pacific Company now holds us.
"On ordinary freight we have been pay
ing SIS per ton-more than cents per ton
per mle-over and almost dead level road,
over which a 400-ton train can be run for
the whole POT miles for not over SIS.
1.-Two carloads of sugar leave San Fran
cisco in the same train. One drops off
here Fresno) after being drawn 207 miles
over a dead level route, on which n o storm
or flood ever did 500 damage. aud that
carload pays IS cents per 100 pounds
freight.
"The other car goes on to Kansas City,
at least 2400 miles, over the 116-foot grades
of the Tehachapi, 1000 feet up in the air
and 1000 to 5000 feet high over another
range and, at the end of the route (Kansas
City,, pays only 65 cents per 100 pounds
freight!
"This county (Fresno), with 10000 peo-
pie, has paid the railroad over So 00O, 900
in year. We pay, sometimes, more on
carload from Stockton. 100 miles, than the
freight on the same carload from Chicago
to Stockton. We must have relief or we
die.
II should say here that our lowest class
frelghts have lately been lowered, but I
am told that this has been fully offset by
the changed classification"
Wants Large Commission.
Shit has been fled in tho CuDar;or no,-s