Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-05
Hartman Will Be Supreme In
Illinois Central as Well as
Union Pacific
HOLDINGS COMPRISE FIVE LINES
The Mileage Represented is Greater
Than Any Other Single Group Of
Railroads in the United States
Greatest Railroad Merger in the Ma
tons History is consummated.

road merger in the nations history is
believed to have been consummated.
Following meager reports from New
York that the Union Pacific Railroad
had obtained control of the Illinois
Central line and that Edward H. Har-
riman, the dictator in the former cor
poration, had conducted the negotia-
lions, additional color was lent to the
story in Chicago yesterday. Illinois
Central officials admitted that the
merger had been talked of for months,
though they were noncommittal on the
most recent details.
1t was recalled, in this connection,
that Mr.. Hartman had personally or
ganized the Railroad Securities Com
pany, which is a holding concern for
Illinois Central shares, but local off,
Gals were unable to reveal the amount
of stock gained by the railroad wiz
ard through this source. 1t was de-
clared on good authority, however,
that as high as 100000 shares, at a par
value of $16O00,00O, were secured inn
mediately after the holding company
was chartered in New Jersey.
Later Move Reported.
A later move is reported to have been
the taking over of these and other
shares by the Union Pacific. The rec
ords now show that the western line
controlled by Mr.. Hartman has
clinched at least 240,0OU shares, valued
at par at $24,0O0,00O.
Enough friendly aid is believed to
have been promised to Mr.. Hartman
to make him supreme in Illinois Gen.
trail as we'll els in Union Pacific. His
railroad holdings, therefore comprise
the following lines, with a mileage far
greater than any other single group OF
railroads in the United States:
Mileage.
Union Pacific Railroad .. ...... 1000
Southern Pacific :. ............. 9,016
Illinois Central :. .............. $500
Chicago & Alton :. ............ 92O
Kansas City Southern :. ...... $40
Total mileage =. .22,276
The Vanderbilt roads have an aggre-
gate mileage of something over 10000,
and the Pennsylvania system is slight
ly below the Vanderbilt group. The
Gould, Frisco, Hill, Rockefeller and
other systems are considerably small
Ter.
Lines Run by Central.
While the Illinois Central is gener-
ally said to operate nearly $500 miles
of road, it has an affiliated line, the
Yazoo and Mississippi Valley, which is
1,175 miles long. This is the road that
Stuyvesant Fish and E. II. Hartman
took over in 1892. 1t is operated indie
pendently of the Illinois Central, but is
closely affiliated with it and is con-
trolled by allied interests. To all prac-
tical purposes the two roads form one
system.
But leaving the "Yazoo" out of the
list the Illinois Central may be said
to have the following mileage, accord
ing to the 1905 manuals:
Illinois Central and proprietary
lines .l,lUl.lo
Blue Island 3.96
Canton, Aberdeen and Nashville $500
Chicago, st. Louis and New Or
leans .1,277s1
DUBUQUE and Sioux City $500. 1852
Peoria Decatur and Nation. 1926
South Chicago ....... 4.76
Peoria and Pel,in Union Crack
are rights ........... 1897
Eastern Illinois (trackage
rights) .................... s.s4
Total .4,373.72
With the Yazoo and Mississippi VAL
ley's 1,175.46 miles, the total mileage
f,>o+c I'm * 5dQ1S