The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-04-07
A NEW RAILROAD STORY
Rumor of a Gigantic Scheme oil
Consolidation.
A GENERAL SHAKING UF
Illinois Central, Burlington, the Milwau-
kee System and the Union Pacific.
1t Will Hurt the North
ern Roads

Here is new railroad story. 1t
comes from the East and tells of a gil
gantic scheme of consolidation. The
story is that a general shaking up in
railroad circles is promised in the near
future if the plans now forming by the
Illinois Central, the Burlington and the
Milwaukee systems get control of the
Union Pacific Railroad men say they
have absolute knowledge that the I'm
ion Pacific is in the hands Of a syndi-
cate representing 100000, 900. and that
this syndicate has put up that amount.
The Illinois Central is controlling
factor in Union Pacific affairs, as is
shown by the heed given to all sugges-
tons from f. II. Hartman, chairman
of the executive committee of both the
Illinois Central and the Union Pacific
directories. The Milwaukee is repre-
scented on the Union Pacific directory
by its president Roswell Miller, and it
is said on good authority that when the
Illinois Central completes its line from
Omaha to Chicago which is now under
construction, it will combine with the
| Milwaukee to demand from the Union
Pacific share of the through east
western, and there is no doubt that this
| will be done. and through trains from
| the Union Pacific will no longer be
| turned over to the Northwestern. 1t is
said that the Milwaukee would have
! made this demand some time ago, but
| President Miller thought it best to wait
| till he should be Joined by the Illinois
| Central on the completion of its line to
| Omaha
Of f,r Ia IN,
Pacific are now determined by MI
Hartman of the Illinois Central. or by
| X. r.. jefferson Coolidge of the Bur-
lington: Roswell Miller of the Milwau-
| kee, and George Gould of the Missouri
| Pacific.
The change thus to b" wrought will
seriously affect the Great Northern and
| Northern Pacific, and it will give the
| Illinois Central Burlington and Mil
waukee lines a through route to the
Pacific coast from the Twin Cities,
which they do not now enjoy. By the
time the Illinois Central shall have
completed its Omaha extension it will
also have finished its Fort Dodge eX-
| tension to St Paul.
One reason why the Northern Pacific
stocks are not much in favor is that
| the dispute between that company and
| Oregon Navigation is unsettled, says a
New York special. II is understood
| that nothing has been done in the di-
| rection of a settlement for long while
and the respective committees have not
| met. Indications are that the next
| stage in the matter will be considera-
| ton of the subject by the respective
| boards, though it is not understood the
| matter has been scheduled for imme-
| date consideration. Northern Pacific
| earnings are very large and indica-
| tons are that after the present fiscal
| year a somewhat more liberal policy
of dividend is likely to be adopted.
| The earnings of the Oregon Short
| line We're given out yesterday. The
| statement shows that for the month OF
| February the same amounted to $4S1,-
! 1904. an increase of So, 292.11 over the
same month for 1898.
Earnings for the eight months ending
Feb. % last We're $4,975, 650.41, an in
crease of $685. 1914 over the same per
iod. previous year
The California colonist rate of $34.50
| made by the Union Pacific some time
| ago has been Withdrawn by that COM
| pany. At the omaha office prospective
| purchasers of tickets We're told that the
| cheap rate was off and the old rate OF
$47. 90 would have to be charged.
Try the Burlington route from Butte
| IN Omaha ST Joseph and St Louis