The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1895-08-08
LIKES THE PROPERTY.
Treasurer Hartshorn on the N. 4
St. L. Road.

SPECTRUM OF0T LILO 0uCIIo WAnAoSPO
& St. Louis system, including the
Redwood division, last week and the
week prior. As result of the inspec-
ton Mr.. Hartshorn returned to- New
York convinced that he was interested
in one of the best pieces of railroad
property in the United States. He al
so spoke of contemplated improve
ments in general way, warranting
the publication of statement made
by General Manager A. L. Mohler in
a letter to the editor of this paper
some months ago that Redwood Falls
was an apple that his company want
ed to get at, help build up and get
that roads share of the freight traffic.
According to the Minneapolis Times
the road has been doing exceedingly
we'll in the face of times which have
been very severe with railroad proper
ties generally. The authorized state
ment published in The Times Sunday
morning, and which shows a very
handsome increase in the earnings OF
the road, proved very agreeable sur
prise to the business men of Mime
apolis, who have special interest in
a company which is one OF two rail-
road corporations which are peculiarly
local. The Minneapolis & St. Louis
was an enterprise which had its con-
ception in that city.
Mr.. Hartshorn returns to New York,
where he occupies prominent place
as banker, enthusiastic over thu con-
dition and prospects of the Northwest
ern railroad property in which he is
very largely interested. He believes his
company is in better shape than any
other railroad in the United States,that
it traverses one of the very best Sec
lions in the golden Northwest, and
that in few years it will develop in
to very much greater factor, SO far
as the trade of the Northwest, and
particularly of Minneapolis, is con-
cerned, than most of our business
men anticipate. The finances of the
company are in excellent shape, and
with the combined enthusiasm of
President Bull and Treasurer Harris
horn, both of whom have shown very
great interest in this section since they
acquired an interest in the property,
there is no question at all but that
with each succeeding year hereafter
the directory of that company will
make very considerable improvements.
There is no doubt at all but that the
company is disposed to add to it's
holdings.
While none of the officers of the
company are saying word, there is
feeling that the Minneapolis & St.
Louis company will be acquiring some
new trackage or be building some
new track in short time. So far as
is known the company has not &C.
quired any new property, but there is
feeling in railroad circles that with
the directory in SO we'll pleased a state
of mind it is only question of short
time when there will be some interest
ing developments.
"The people of the Twin Cities, will
realize before long that we did not
pick up the Minneapolis & St. Louis
property as a mere speculation" said
Treasurer Hartshorn, to a Times re-
porter yesterday. ave got hold of
one of the incest pieces of railroad
property in the country, and we pro-
pose to improve it until we have ev-
erything in first-class shape. The
Minneapolis..& St. Louis is in better
shape than any other railroad COM
pany in the United States. That is a
safe statement. We have decided up
on certain material improvements,
among which is the purchase of 5000
tons of 7O-pound steel rails, 100 new
freight cars, and the construction of a
new round house in Minneapolis and
the erection of a wagon bridge over
Kenwood, also in this city. The round
house and the bridge will represent
an expenditure of about $4,000. We
are going to gravel the road from AL
bert Lea to Forest City. The road is
going to do all it can to benefit Min
neapolis. The interests of Minneapo-
lis are the interests of the Minneapolis
& St. Louis road, and the interests OF
the road are very largely the interests
of the city. The growth, development
and prosperity of one means the
orouth ond nrosnoritv IF tho Othor