The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-01-11
MONEY RAISED
FOR IMPR ROWING
BAMBERGER LINE
EIeCtrifying viii Involve Ex-
penditure of approximately
Million Dollars This Year.
SENATOR FINDS MARKET
FOR EQUIPMENT BONDS
HOURLY SERVICE BETWEEN
SALT LAKE AND OGDEN ONE
OF THINGS PROMISED.

Electrification Of the salt Lake &
Ogden railway, The Bauiberger road"
will begin within a few weeks. It will
be completed by June 1, if present
plans for pushing the work are carried
out. This was the word that reached
the l0cal Office Of the company yester-
day from Simon Bsmberger, the presi-
dent OF the company, VINO is in the
east.
Mr.. BambeFger left for Chicago the
day after Christmas for the purpose of
selling bonds on his system to enable
him to electrify and make other i'm
prOvements. Yesterday il was an
nounoed that the Harris Trust & Saw
ings bank Of Chicago. New York and
Boston, one of the largest bond houses
in the United States, had underwritten
the bonds and that the proceeds would
De Immediately available for improve
ment purposes.
The amount of the bond on the road
IS not given out. Originally Mr. Bam-
berger planned to raise $500, 600 IN this
way. He had all his plans mstured
ana arrangements made to place the
/ bonds eighteen months ago, when the
/ financial slump came and knocked out
this with many other like propositions.
I Now 1t Is believed that much larger
bond IS being sold to provide funds for
much more extensive improvements.
| There need be no surprise if it is
learned that the amount exceeds
S1,O00.eOO.
Bonds Are Placed.
Information that reached the home
Office yesterday confirmed the report Of
the placing OF the bonds II was an
nounced also that Simon Bamberger
and his son, Sidney NJ Bamberger, had
/ left Chicago for the east for the pur-
pose OF purchasing rolling stock, ma
/ chinery, cables and other materials
needed in the eiectTifcation Of the road.
I The system under which the road is to
/ De operated has received the most care
| fui attention in the past two years at
/ the hands Of competent engineers and
/ experts in electrical matters and the
! announcement is now made that not
I only viii the equipment be the best.
but the service viii be in every way
satisfactory TO the travelling public In
short, it is planned to make Of the Salt
Lake & Ogden one Of the best inter-
urban lines in the country.
II. A Strauss, the consulting engi-
neer, who more than year ago made
( a report on the road for the benefit of
the bond buying houses of the east,
and who has been identified with the
work Of eIectrifying the system since
then, and who also has been preparing
a complete set Of plans for the road,
has the work so far along that there
need be no delay whatever in starting
the work. It is announced that the
entire change i'm operation of the sys-
TEN will he brought about by June 1
next. Mr.. Strauss expects to reach
Salt Lake within the next two OF three
weeks to determine upon the proper
site for power plant.
May Install Power Plant.
Mr.. Bambarge- has been negotiating
for the purchase OF power for his sys-
TEN. IF he does not succeed in making
satisfactory arrangements for purchase
he viii install q power plant OF his
own II the erection of an independent
power plant is deemed advisable it will
be located at or near Lagoon. where
there is ample water supply and where
there is every facility for the economi-
cal delivery Of fuel The power stat ton
laid out by Engineer Strauss provided
for either steam turbines. driving al
ternatng current generators, or large
gas engines supplied from gas pro-
ducers.
All these technical matters and All
other details are receiving close atten-
ton at the hands Of the engineers. and
President Bamberger. upon his return
To Salt Lake City. which will probably
be within two weeks. VIII be prepared
to start work on the electrificatiOn of
his system with his customary energy.
Another matter that is receiving at
tention while S5r. BambeTger is IN the
east. Is the relations between the Salt
Lake 4 Ogden and the Union Pacific.
1t viii be recalled that Mr.. BamberEer
secured the privilege Of crossing the
Union Pacific On grade crossing in
Ogden after a long legal battle. This
arrangement was but temporary, to
last but for one year. i is now an
nCunced that consultations between
Mr.. Bamberger and the Union Pacific
Continued On Page 2.