The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-04-06
MANY RAILROAD
Men IN THE CITY
Southern Railway Spends Nine
Millions for improvements
in Freight Cars.
c. & o.'s, LARGE HOLDING.
Kentucky Goes After the Rail
roads for High As
scssnncnts.

Richmond on yesterday was visited BY
A number OF prominent railroad men,
among them were MIR. *. f. Palmer,
general eastern passenger agent, OF TIE
Rock Island and Frisco system; Mr.. T.
C. White. division passenger agent OF
the Atlantic Coast Line. at Savannah:
Mr.. j. B. PC Frest, general agent OF
the Union Pacific; Mr.. Walter II. Allen.
district passenger agent Of the Wiscon-
sin Central; Mr.. Perry Griffin, district
IA sscnger agent OF the Chicago, Rock
Island ana Pacific; Mr.. George e. Her
ring. Florida, passenger agent OF the
Louisville and Nashville.
Mr.. John NJ. Dunn, travelling passenger
agent OF tho Chesapeake ana Ohio. has
Just gotten out handsome Chesapeake
describing the springs mountain and
seaside resorts along It's lines
The Mobile and Ohio Railroad has Is
sued an attractive poster calling atten-
ton to the reunion at New Orleans on
April Goth OF The United Confederate
Veterans.
girl draped In the Confederate flag.
For s90O0.ooo the Southern Railroad
has leased or virtually bought from Ed
ward T. Stotesbury. OF Philadelphia, rep
resentative OF tho wcf known manufac-
turers Burnham. Williams & Company
American Car and Foundry Company.
Vernon Car Misunderstanding Company.
:, .enoIr Car Works ana Standard Steel
Company, 10000 freight cars and 100
engines.
These cars and engines are leased for
fifteen years, but II the $4,000. 900. which
Is to be paid In semi "a nnunl instruments.
has been paid by that time, the stocN
VIII then become tho property OF tho
railroad.
Tho RI ilroad some time In the near f'l-
turc will make deposit OF fl213,s4o
and after that tlmeawlll semi ANNUALLY
make payments Of 100000 until the total
50 900 has been paid
Tho sellers In this transaction vi De
protected BY the Fidelity Trust COMPANY
For some time the great Increase OF
business done in the South has made the
number OF cars operated by the Southern
road insufficient, and the purchase OF the
cars and engines will be heard OF Win
plea sure By all Southern manufacturers
and traders.
several weeks ago when the winter
=
Southern cities were threatened Win
n coal pnnic because OF tho Inability OF
The railroads to supply the coal dealers
WITH suf,clent cars to haul Into the CITY
coal that had been bought. but tho recent
purchase made by the Southern road VII
20 n great way towards doing away Win
such conditions.
Preliminary action has boon taken by
the Kentucky Board OF Valuation ana
Assessment as to franchise Valuation =.
the railroad. bridge companies ana ?x.,1'ts'
lie service corporations OF the state. ne
larger railroad companies operating III
T Se have been assessed as follows
Louisville ana Nashville, 50, 225"!,S76 rate 4
mile, $500: Illinois Central. 81 ,4So,e4o rat
n mile, 5000; Cincinnati, New Orleans
ana Texas Pacific, s366l ,7o5 rate q n'ile,
$3.50; Chesapeake and Ohio S.6fs'o,'
rate n mile. 5000: Southern Railway.'h
Kentucky, sl.0i5,SS0, rate mile, So';
Louisville, Henderson and ST. LOUIS,
$50 1000: Lexington and Eastern. s6o4o"l;
Nashville, Chattanooga and ST, Louis
st345,7S0; Camden Interstate, Slb6hti'
louisville Bridge Company, &3os'Mo'
Louisville and Jcffcrsonvillc Bridge COM
many, s49S.7lO; Kentucky ana lnulunt
Bridge and Railroad Company. so2sao' r
Other than tbs PENNSYLVANIA lines
properly so called, the chief roads OF tina
Pennsylvania system are the AL
handle" the Baltimore and ONO, lns
Chesapeake and Ohio ana INC Norlo'N
and Western. Tho Investments of these
coynrnnes In tho stocks arl bonds OF
other companies, a hook values arc .aS
follows: Baltimore and Ohio, S@,6BRS;
C,hesai,cakc and Ohio. $olS1".469: Norfolk
and Western, SI,054910; pittshllrs, Cln-
'cinnati, Chicago and 81. Louis, $2,s97
$40,