Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1899-07-13
.TRAhSc0NTINEnTAL
RAILWAY PROJECTS
4
Wall Street Is Confident That Van
derbiIt will Soon Realize
His Ambition.
Pennsylvania MAY FOLLOW HIM
Rumored that that Great Road IL
Contemplating an Extension
of Its System to
the Pacific.

New York, July 13.-The Tribune
this morning says:
One of the certainties of the not dis
tant future, in the opinion of WALL
street, is the establishment of trans
continental railway line under VanS
derbilt control The Boston and AL
bany, the New York Central and the
West Shore are the Vanderbilt lines
linking New York and Boston, the
great cities of the eastern seaboard,
with Buffalo, and Buffalo is Joined to
Chicago by the Lake Shore, the Mich
igan Central and Nickel Plate. +
The Chicago and Northwestern.
which is practically Vanderbilt road,
stretches westward from Chicago to
Omaha, where it meets the Union Pa
citic, controlling interest in which
also the Vanderbilts are credited with
holding. The western termini of the
Union Pacific are Granger, Wyo., and
Ogden, Utah, at both of which points
the road connects with the Oregon
Short Line, which is controlled by the
Union Pacific. From Granger the
Huntington, Ore, where it connects
with the Oregon Railroad and Naviga-
ton line, extending to the Pacific
coast at Portland; and from Ogden
branch of the Short Line goes south
ward to milford, Utah, from which,
place the Utah and Pacific is being
built into California, it Is reported,
with Il view to enabling the Union Pa
cific to gain entrance to San Francisco.
The Oregon Short Line virtually con-
trolls the Oregon Railway and Naviga-
ton company. With these several con-.
trolls within controls, Wall street ar
CUES, it will not be beyond the power
of VIM. X. Vanderbilt to realize the
ambition which he is everywhere be-
lieved to cherish, of coalescing these
connecting lines into a vast system
extending from ocean to ocean.
Merely an Understanding. j
While it is we'll understood that q
cordial understanding exists between
the New York Central, under the broad
management of William K. Vanderbilt,
and the Pennsylvania, under the guild
satt, this understanding extending to
sion of territory in New England, and
maintenance of rates, no one now be-
lieves, if indeed, anyone ever has be-
lieved, that a consolidation of these
important part of the field east of Chi
ural rivals in business are working in
harmony east Of Chicago, 50 they may
be, and probably are, found competing
>f F,s%
regard in the western country, for ru'
mors are beginning to be heard with
increasing persistency that the Penn
sylvania, like the New York Central, is
contemplating an extension of its lines
and Santa Fe sthe road which re-
port has it will be combined with the,
Pennsylvania to form the second great
transcontinental system.
A third transcontinental line, It is
believed by not few observers of the
trend of railway ownership and affllia-
tons, will some day be formed by the
consolidation of the Baltimore and
Ohio and the Great Northern and the
Northern Pacific, but this combination
is thought to be further away than
| either of the other two.
Rumored Could Plans.
New York, July 13-Rumors are cur
rent in Wall street that the Goulds are
about to consolidate their southwest
ern properties. The principal story is
to the effect that the first step will be
the absorption of the Texas and Pa
rific stock by the Missouri Pacific, to
be followed by similar merging OF
the Missouri Pacific with the Wabash
road The St. Louis and Southwestern,
| it is said, is to be annexed to the Mis-