The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-06-29
RAILROAD NEWS.
Frisco Has Extensive Plans to
Expend $47,OOO,OOO.
YWill Double Track From st.
Louis to MOnett.
IMPROVEMENTS MANY.
Are Needed to Care for Rapidly
Increasing Traffic.
Other Items of Interest to
Railway People.
IMPROVEMENTS MANY.

St Louis, June 29.-The manage
ment of the Frisco proposes to make
extensive improvements on all the
lines OF the system if the resolution for
the creation of a new mortgage and
for a new bond issue is approved by
the stockholders at the special meet
ing, which will be held on August "a.
The improvements will principally be
in the nature of increased facilities for
taking care of rapidly growing traffic.
cking, the construction of
passing tracks and the building Of
necessary short extensions into de-
veloping districts in the south west are
among the chief improvements con-
templated. The line from ST. Louis to
Monett and the line from Kansas City
to Springfield will be double-tracked,
and similar work will be done on all
parts of the system where the traffic
is exceptionally heavy.
Experience has demonstrated that
the construction of passing tracks will
result in economy in operation and in
expedition in transportation InVeStt-
cation has shown that delay in NOV
ing freight on a few sections of the
line where the traffic has become i'm
mense has been very expensive, and
/ that passing track could be built and
maintained at profit. Besides, the
service would be bettered. For this
reason the management desires to in
crease the facilities at all points.
Considerable money will be devoted
to the enlargement and Improvement
of terminal facilities, not only at the
important centers. like St. Louis and
Kansas City, but also at the smaller,
growing centers. At nearly every
Progressing city and town in every
state of the southwest the terminal
facilities will be increased.
If the bond proposition is approved
the company will be able to secure
100000 by the end of this year.
To fa1
explanation. will be used for this
years capital expenditures and for fu-
ture additions, improvements and bet
terments.'
OF the total issue of s115,Ooo,o0o,
only the $1O,O0O.OOO will be issued i'm
mediately. The balance of sos, 000,-
600. will be reserved for various pur-
poses. For taking up outstanding
will be reserved; 100000 will be
reserved for issuance in aid of the
foregoing refunding operations; So
100000 will be reserved to take equip
after the new mortgage is created;
$21.1S4,0O will be issued, after June
l. 1909, for future improvements, at
the rate of $2.5OO. 600 or s3.OOO.OOO per
after June 1, 1909. at the rate of
100000 or less per year, for the
construction or acquisition of new
lines or branches.
The Frisco will have s1O.0OO.OOO for
improvements during the next two
years; $2.5O0.O0O per year in 1909.
1910 and 1911. and 100000 per year
after 1911. a total of $42,1S4,06O. I'M
addition. there will be total of So
600. 900 for new equipment.
This arrangement is, although for a |
large amount of money for improve
ments. believed to be very moderate, |
considering the size of the system. But
1t will be satisfactory, in the judgment |
of the officers. and should greatly bet |
ter the service. The company could |
make a larger issue and still be con- !
sentative.
An impression has prevailed that a |
considerable portion of the 100000 |
600 would be used for reducing grades |
and curves. The engagement main |
tains, however. that it will render |
more beneficial public service by in
creasing the trackage and terminal |
facilities and adding to it's equipment. |
The southwest is developing so
rapidly and so generally that the rail- |
facilities up to the traffic require |
ments. Occupied districts are growing |
and new districts are opening up |
steadily.
The town of Kieffer. south of Sa-
pulpa, is mentioned as an example of
A year ago this town had scarcely any |
traffic. where as in one month this
year the receipts there aggregated |
The Frisco has had particularly |
prosperous year For the fiscal year
ending on June 80 it will show a sur
pus of about 100000. or neary ST.
100000 more than last year. The re-
port will show a great increase in the
gross earnings.
TELEMEGAPHONE is NEW.