Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-08-02
|G.ZN.N DOUBLE TRACK
It Will Be Completed to This City
and Trains Running Before
Close Of November.
The Grading Nearing Completion and
Steel Being Distributed Along
the Right Of Way.
Winding Up the Work at the Tama
Speculation as to the Future
Of the Iowa Central.

Mr.. Martin Swanson, representative
of the firm OF Halverson, Richards & 1
Co. contractors who have large
amount Of the grading contract for the
double track of the Chicago & North
western into this city. is in town on
business connected with the work.
Mr.. Swanson has changed his head
quarters from Tama to Quarry, where
the main camp of the contractors is
now located. He says that the grading
in the vicinity OF Tama will be fin
ished in a few days and the gangs will
then be moved to Quarry, where be-
tween 500 and 600 men are now located
and which now resembles a western
mining camp more than anything else,
The work will be prosecuted in both
directions from Quarry. and large
force will be put to work near LeGrand,
where a deep cut is necessary in
STRENGTHENING the line and esta blishing
a better grade.
Mr. Swanson says trains will be rum
ming into this city on the new track
some time during November. Between
Belle Plaine and Marshalltown there
are only few gaps to close up and
heavy cuts to be made to complete the
grading. Steel is already being distrib-
uted along the completed portions and
the laying Of the track will be COM
menced soon.
With the double track of the North
western completed to this city, with
the new branch Of the Central COM
pleted between Belmond and Algona
and trains running from the latter
point into this city, and with the Mar
shalltown & Dakota road connecting
with the Story City line, Marshalltown
will take on added Importance as one of
the leading railway centers OF the state
of Iowa. Then IL we can secure the
building of the Winona, Marshalltown
& Southern, we will be more than ever
in the railway swim.
THE IOWA CENTRAL.
The Peoria Journal INDUCES in the
Following theories regarding the future
of the Iowa Central:
Much interest attaches to the move
ment of the Iowa Central preferred
within the present week. 1t is stated
for this road more than the prospect of
1
a handsome gain in earnings this year
and q dividend seems imminent, but ii
1 lis said that that would hardly account
for the demand for preferred stock in
the company. In these days Of consoli-
ldation rumors 1t is consistent to attri-
il butte this activity to a prospect of either
a close alliance with some strong road
\ that will prove great benefit or else
IT,
of the larger lines that could use 1t tc
A good advantage. In connection with
this it is not improbable that the Cen
trail may pass into the hands of the
Il Milwaukee. That road is doing some
4 athletics in Iowa and the Central is
said to be booked for a coupling with
i this great line. Again, 1t has been sug-
4 gested by some railroad men that there
is possibility of a trackage arrange
j ment with it by the Santa Fe whereby
the transcontinental line would use this
Iowa Central from Peoria to Memo
making Peoria-Denver line. The
Santa Fe, 1t Is known, wants to gel
at Peoria business and the territor.
which lies around it. 1t is already IL
Pekin, but to make good bushes mus
have western outlet from this city fol
its trains from Chicago west The lowe
; Central would furnish very nicely such
an outlet. The Santa Fee has made ar
. rangements to enter Peoria from Pekil
at no late date. That is known, but i
would hardly pay to come in from 1t:
) Pekin terminal and go back to the MAR
, line that way. This makes the Iowa
Central rumor plausible"
In this connection it Is noted that S0
shares Of Iowa Central stock changed
hands in New York Tuesday, and the
stock was Quilted at 1914, as against 8;
. thu, day previous.