Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1908-09-17

The sale of the New Haven railway
systems big block of Boston and Maine
stock, about which there had long existed
sharp legal controversy, is believed to
have been made to friendly hands The
New Haven officials protest that the pur-
| chaser, Mr.. Billiard, is bound by no obi
cations expressed or implied, but they add
that, of course, they would not have sold
to him had they thought he would use
the stock against them
From 5000 to 10000 mechanics en-
ployed on the big Canadian Pacific rail
wayS extending from st. John to Van
couver, went on a strike as a protest
against the new schedule posted by the
road management upon the award of a
ma jority of the arbitration board. The
strike order was sent out from Montreal
by Bell Hardy. chairman of the Federated
Mechanics of that system. 1t was obeyed
to the letter, and every shop was vacat-
ed at the same moment.
The Union Tank Line Company, one
of the original branches of the oil trust,
has filed papers at Trenton, n. j., for
an increase of its capital from $3,5O0,0O0
to S12 100000. The main Importance of
this is that it is presumed to foreshadow
similar fourfold increase in the capital
of all the trust subsidiaries preliminary
to an expansion of the stock of the par
ent company from S1O0,00O,000 to 5000,
600 600. on which latter figure the divi-
dends would amount to no more than 6
or per cent.
1t is reported that Clarion. Iowa, will
soon lose the shops of the Chicago Great
Western railway. The new law limiting
the hours employees shall be continuously
engaged in operating trains, according to
railway management theory, increases the
necessity of equalizing distances between
division points. The shops will be moved
to Fort Dodge. Fort Dodge is $50 miles
from Omaha, 80 miles from Hayfeld,
and the same distance from Oelwein.
making it the logical location for the
division.
All of the property of the Winnebago
(Wis) Traction Company was sold for
S95O,OO0 under foreclosure proceedings in
the case of the Trust Company of Amer
lea. The purchasers were Oliver G. Fuller,
Fred C. Best and Russell /. Smith, all of
Milwaukee.
The Reading and Lackawanna railroad
managers have decided to erect plants
in the anthracite region for the treatment
of mine timbers, as recent tests extend
ing over a period of three years prove
that the life of peeled and seasoned tim
Der is more than doubled by the applica-
ton of creosote and zinc chloride.
stalled a free telephone service at many
stations on it's line for the use of stock
and grain shippers. They will be oper-
ated over the regular telegraph wires.
Charged with violations of the federal
anti-pass law, involving discrimination in
,aYor of the so-called fruit trust" two
railroad companies, the Illinois Central
and the Chicago, Rock Island and Pacific
have been indicted in Chicago. The in
dictment against the Illinois Central
cites ten specific violations, and that
against the Rock Island contains eight
counts The penalty is a fine of SOU
on each count.
On the ground that the allowance is
unlawful the interstate commerce COM
mission ordered the Union Pacific Rail-
road Company to desist for two years
from paying any allowance to Peavey &
Company on their own grain received into
any of their elevators at Kansas City
and Council Bluffs, or on grain thus re-
ceived in which they have any direct and
indirect ownership or interest that is not
reshipped out of the elevators within ten
days of its receipt. The order prohibits
allowance to the Peavey company ON
grain belonging to them or in which they
have interest that has been mixed, treat
ed, weighed or inspected in any of their
elevators at those cities.