Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1906-12-25

A coal famine is said to threaten the
towns and cities of Utah, Idaho, Nevada.
and part of Colorado because of the mo-
ncpoly established by some of the west
ern railroads. At several points, people
have taken the law into their own hands
by holding up coal trains and compelling
the trainmen to sidetrack car loads of
coal. This condition of affairs is under
investigation by the interstate commerce
commission.
President Hartman of the Union Pa
cific system, in submitting the annual re-
port for the fiscal year ended June 80,
says that the receipts We're the largest in
the history of the company. The COM
pany earned 1919 per cent, but the assets
were increased over 100000 by the
sale of Great Northern. Northern Pacific
and Northern Securities stock. Gross
transportation receipts were $67 PSI ,542 !;
net receipts were $50317, 769, and the
surplus $21, 434,S5S.
President Hill of the Great Northern
announces a bonus dividend to stockhold-
ers of the company on account of the
ore deal 1t will consist of one share
of new stock, worth par, for every share
of Great Northern outstanding, or S125,-
100000 worth. The Northern Pacific is
to receive from the Great Northern about
S50. 100000 in cash for its interest in
the Burlington, and this will be paid as
a cash dividend of 80 per cent. Thus
the Burlington, Great Northern and Pa
cifc railroad systems will be completely
IN - II
remains to complete the shortcut from
Billings to Great Falls, Mont, Billings
being the western terminus of the Bur
lington, where it meets the Northern Pa
oiic, and Great Falls being the nearest
point on the Great Northern line.
Henry S. Hartley, Kansas City
grain broker, pleaded guilty to receiving
rebates from the St. Louis and San Fran
cisco railway, and was fined 81, 900 by
Judge Garland.
BY a decision of the Supreme Court,
the Mississippi railroad commission is
prohibited from compelling the Illinois
Central railroad to stop certain through
trains at Magnolia. a town of 1000 in
habitants. The railroad showed that to
make this stop would prevent the expedi-
tious carrying of through mails, and that
with three trains a day the town had
adequate service.
The Pennsylvania railroad has sold to
Kuhn, Loeb & Co. all its holdings Of
Chesapeake and Ohio stock. amounting
to 156,300 shares of a par value of S15,-
$4,000.
The interstate commerce commission
took formal steps Thursday toward an
investigation of the Hartman railway
system. with view to It's prosecution
and dissolution into the component parts.
The right Of the Florida railroad com
mission to regulate rates on freight with
in that State was confirmed by the Su-
preme Court in three cases brought by
the Atlantic Coast Line and the Sea
board Air Line.
More than 10000 Individual cakes
OF soap leave New York every day as a
rart of the equipment Of steam railroad
trains steaming out of the metropolis
One railroad system alone. It IS said. ex-
ponds 100000 a year to equip its coaches
ar either end with this commodity.
The directors of the Atchison. Topeka
and Santa Fe railroad have formulated
plan BY which the capital is TO be in
creased to S25O,000.0o0. thus aiming to
provide for the roads needs for many
years to come. Notwithstanding mat
there is no floating debt and that they
have S15,OO0.oO0 n the bank. It Is deem
I'd necessary to provide for increased IA
silities in order 70 handle the A--inA@=-