, 1900-01-16
RAILROAD RUMORS
COLORADO AND SOUTHERN SYS,
TEN TO BE DIVIDED INTO
THREE PARTS.
Lines North of Denver Go to Union
Pacific. Others to Missouri Pacific
and Some to Santa Fe-union Pa
cific officials Admit That the Ru-
NOR has foundation.


-
A startling rumor was atioat yester-
day in regard to the future of the Colo
RADIO and Southern railway saws the
the directors OF the company in New
York have been considering for ten
days a proposition to divide the sys-
TEN into three parts.
Lines north of Denver to go to the
Union Pacific.
Line between Denver and Pueblo to
go to the Missouri Pacific.
Lines south of Pueblo. as far as Tex
line. to go to the Santa Fe.
If this plan is carried out. if will be
one of the greatest u~pheavaIs ever
known in railroad circles in the west,
1t will require an entire re-arrange-
ment of contracts and understandings
between western roads and will put a
quietus on many plans which have
been brewing for the development Of
railway transportation in the noun
am 'O'iIIH'
It is regarded as to sweeping to be
true.
A leading Union Pacific official was
seen last evening and was asked con
corning the report: The rumor has
foundation" said he. THE movement
of dividing up the Colorado and South
ern has been under discussion for more
than a year, but | cannot say that it
early conclusion. The Union Pacific
management would like well enough to
have possession of the lines of the Col
orado Central, but we have no love for
the South Park. That is an elephant.
1t is a breeder of trouble, and for my
part | would rather have the Union
Pacific stay out OF the deal entirely
rather han to be loaded with the South
Park"
In other ouarters If is claimed that
the plan has been actively aeitated nv
General GrenviIle NJ Dodge chairman
of the hoard If directors az tho Colo
iduo anu SoulitlH. Inc pidI' dCCOTu-
ing to this authority, is to close out the
property to the three trunk lines at a
handsome profit. Officers of the Colo
RADIO road who have been in New York
deny the report and seem to feel assur.
ed that the division cannot take place.
Railroad men say it would be a great
financial movement n there is no
doubt in the minds of a number of well
informed Denver railroad officers that
attempts have been made to divide up
the property. Judging by the appoint
ment OF a new general superintendent,
the plans for new shops and the large
expenditures outlined by the board OF
directors for improvements during the
present year, it looks from the outside
as though the Colorado and Southern
will continue at the old stand for a
long series of years, The financial
management in New York. however.
controls the fate of the road. and the
%financiers are the arbiters of its desti-
ny.
II the division was to taka nlaca ,t
all, it appears as though it would have
been engineered at the time the road
passed out of the receivers hands and
became an independent line. The bonds
have since jumped from 30 cents to Sc
cents. and it would require much more
money to effect the transaction TODAY
than a year or two ago. 1t is under.
stood that the Santa Fe manasemen
has had its eve on the line of the Colo-
RADIO and Southern north of Denver
and some people declare that IL is only
absorbs the system. The Santa Fe