Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1909-05-25
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The directors of the Chicago, Burling-
ton and Quincy Railroad have decided
to refund all its underlying bonds, except
those of the Illinois division or a total
near to $65,0O0,000 at per cent. Hold
ers of the old bonds will have the option
of an exchange for the new.
During the last season the Pennsylva-
MIA Railroad Company set out 100000
trees, including pines, lerehes, spruce and
hardwoods. In its Lurst,ry it set out
$4,000 forest seedlings Cor futdre trans
planting, and planted ODD bushels of red
oak acorns, from which 100000 seed
lings are now growing 1t also planted
a large quahtity of black walnut, chestnut
and hickory, practically all of which have
given complete termination.
Slason Thomson, manager of the Blu
reau of Railway News and Statistics at
Chicago has issued the fourth annual re-
port of that bureau covering the BUSH
ness year ending November 80, 1908. 1t
shows that the loss of the railroads Of
the country on account of the panic and
ensuing depression fas far greater than
estimated by the Interstate Commerce
Commission The railroads complain
that the commission experts made the
mistake of basing their estimates on a
period which included some of the pros
porous months of 1907 Thomson finds
the total loss in gross earnings amounted
to $3.50. 100000 as compared with the
commissions estimate of $164,000,000,
and that the loss in net earnings was
$129. 340.460 as compared with the COM
missions estimate of $111.051,006. The
bureau also finds that the effect OF the
2-cent passenger laws was a loss of 49,
100000 in gross earnings. The heavy
loss in net earnings is accounted for part
ly by the expenditure of $50, 100000 in
meeting the new requirements as to meth
DDS of accounting and as TO the hours
and conditions of labor. The net capt.
talization of the railroads has increased
76.5 per cent. but this is only per cent
a mile more. The railroads carried 1872 3
more passengers mile and 26O per cent
more tons of freight mile than in 1885,
Work on the two extensions of the
Northern Pacific road, one going
eighty miles northwest of Mandan, n.
D.. and the other eighty miles south of
the same city. will begin at once.
At Little Rock. Ark. 5000 bales of
cotton. estimated TO have been worth
$3.50. GOO. were burned in a fire which
for several hours threatened TO de-
stroy the plant of the St Louis Com.
press Company, valued, with its con
tents. at 100000
Satisfied with the foot and mouth
disease in cattle, sheep, other rumin-
ants and swine has been completely
eradicated in the United States, Sec.
retary Wilson has issued an order re-
leasing the entire country from the
federal quarantine on account of that
disease
The Pasteur Institute at Ann II Dor
is treating a mother and ten chl.dren
from Ludington. Mich, who are af-
fiicted with a peculiar ailment. sup
posed to be rabies. and believed to
have beer contracted by drinking milk
from an infected COW.
Dean ]. w. Olsen OF the Minnesota
state Agricultural college and his star
are already formulating plans 10 get
into couch with the farmers so as 10
achieve the best results from the
courses in agriculture through the
mail. authorized 5y the recent Legis-
lature.