El Paso daily herald. (El Paso, Tex.) 1881-1901, 1901-03-23
Raj road Notes
From the East

Special Service to The Herald.
NEW YORK. March 19-The Chica-
go. Milwaukee and st. Paul railroad
is. contemplating the OF GER
tain of its lines beyond the Missouri
river. where all the branches of this
system now End. The proposition, it is
said. is to extend one of its lines to
Helena. Montana. a distance of about
700 miles. This would give the COM
pany a direct line to Helena and would
make il a serious competitor of the
Northern Pacific.
1t is rumored that the Pennsylvania
company is going to consolidate the
baltimore and Potomac with the Phil
adelphia. Wilmington n Baltimore.
The Pennsylvania now owns 217 .S19
shares of stock in the Philadelphia,
Wilmington and Baltimore and 96,461
shares in the Baltimore and Potomac
and also $1,000, 900 of the latter COM
pany's consolidated mortgage bonds.
From Pittsburg comes the informa-
tion that within two years the Penn
s~yivania will be operating a new trunk
line and running solid trains from Buff
faio to Florida. The idea is to establish
a route to the south via Pittsburg,
which will be 300 miles shorter than
any other. Plans are said to be under
preparation that within two years will
have been carried into effect and will
esta blish a line hat will have the adj
vantage of river levels from Warren.
On the Mahoning river. to the lead
waters of the MonOngahela. crossing
the West Virginia mountains to Kama
wha and the Gauley. and connecting
with the Chesapeake & Ohio. from the
mos direct route between h Great
IaGaS ond tho Atlantic ahOard
President Mellen and other officials
of the Northern Pacific who have just
returned from an extended trip
through the west. report great prosper
ity all along the line. Traffic Manager
Hannaford says that all of the new
settlers, thousands of whom have found
a new home in the western country,
are doing well. lev towns are spring
ing up. and a great impetus has been
given to every industry in h a rich
and resourceful country
Contracts ave been let by the Bur-
Iington for the building of a cutoff
between Red Oak and Villisca. Iowa, at
an expense of $685. 900. New heavy
steel rails are to be used and ties
which have been treated to a preserv-
ing process. The new line will shorten
by several miles h distance between
Chicago and Omaha. and is only one
of many improvements which the COM
pany is contemplating in western ter
ritory.
The Red River division of the Frisco
has been completed n placed in OPP
Grafton to Denison and Sherman. Tex,
opening d new and most valuable ar
terry of between the north
and south. The local territory which
this new line places in direct commun-
ication with the outside world is
of unusual fertility and business prom
Use.
The Pennsylvania railroad is report
ed to have made full payment for the
stock of the Long Island railroad,
which it agreed to to buy nearly a year
ago, and will take immediate posses
of the acquired property. The
separate organization of the Long Is
land railroad will be maintained.
New railroad consultations are
planning. The st. Paul deal. whatever
its new form, is to be revived: the
Pennsylvania system is reaching out
has plans extending beyond a lease of
and Ohio or a limited own
of Norfolk INT Western and I
Baltimore and Ohio; Baltimore and
Ohio itself. so lately a purchaser of
LOrain and Wheeling, may
be found in control of Hooking
Valley; while President Gould of Mis-
sOuri Pacific is himself authority for
the statement that consolidation plans
which his Dad is affected are de-
yeloping.
The New Orleans & Western rail-
road. together with terminals at Port
La, has been sold at auc-
ton to a syndicate of bondholders,
headed by F. J.. Lisman, of New York,
who was represented by w. F.. Beech
er. The price deposited with Receiver
s25 900 worth of bonds of the
road. together with two checks of $780,
WOO ach. signed by w. c.. Cox. of New
York. All the obligations of the re-
;eiver. together with other debts. were
assumed, thus making the purchase
,rice practically $3.50. 900. 1t is under,
TODD hat the purchasers represent the
/ p Morgan syndicate. -f.s-
Ii is rumOred that the Northwestern
DAD is going to build twenty-eight
niles of road from Houghton, Mich, to
,onnect with the copper n road.
'uch a line would shorten the COM
anys route between here and Hough-
on. I
Notwithstanding the many OFFICIAL" !