The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-04-17
FROM HALF BILLION TO BILLION
DOLLARS TO BE SPENT BY
AMERICAN RAILROADS.
THIS YEAR A RECORD BREAKER
Unusually Large orders For New
Equipment Placed-Estensive I'm
provements Of Road Beds Also Or.
dered-Good Time Predicted.

Ncw York April l6.-Thc railroads
OF the United States will expend
this year more than $500, ,OOO, 600 in
new equipments. betterments. steel
rails additional and better equipped
terminals and the like. II conditions
are favorable they will spend on
extensions and improvements more
than s750.00O,0OO. II traffic conditions
warrant the expenditure the railroads
viii cXpond 81 900. 100000 to handle the
greatly increased volume of business
James j. Hill declares that IL the
railroads intend 10 keep pace with
the business of the country. they
must spend at least 81 500 ,0O0.000 a
year for the next six years for bet
terments and equipments. a total Of
81 900 600. 900.
The officials of the railroads hav.
ing terminals in this city and la
Jersey city are non committal as TO
the amount they will spend in bet
torments this year. 1t is known. how
ever, that the railroads have placed
an enormous volume of orders with
manufacturers and steel companies
for steel rails and locomotives.
On the basis of orders placed In
March there will be expended during
the current year the following
amounts: For 2SS,O0O steel cars, s255..
100000; for locomotives, on basis
of 10000 per engine, slO9. 40 900;
for locomotives, built in the shops OF
the respective companies. SIS 900. 900
Total sil3,0iO,OOO.
This estimate does not include the
expenditures for steel rails improved
terminals, Strengthening and improv-
ing roadbeds. etc. or even for pas
scnger cars. These items, the railway
men say. they are unable to com
pute.
w. NJ. Corey, president of the Unit
ed States Steel corporation. has stat.
ed that in the volume of business
transacted this year all records will
be broken by his company. So press.
ed are the steel works that rails
are now being imported into this
country from English manufacturers
The bulk of the steel companies
business is derived from the rail
reads. In March the railroads placed
orders for 400 steel cars and 456
locomotives. In addition. the roads
began the building of 200 engines in
their own shops. This shop work has
resulted in orders to the steel com
panies for 100000 tons of structural,
steel.
Since the first OF the year the
railroads have contracted for $4,000
to $4,000 steel cars and ll50 loco
motives. Further contracts are pend.
ing for 500 to 500 additional loco
motives. including 500 for the New
York Central and Hartford systems.
The price OF locomotive varies
from $4,000 TO $4,000
For new railway terminals. bridges
and the like, contracts were placed
in March for about 10000 tons Of
steel, the bulk Of which will be TAX
en- by the railroads. Orders were
released last week for an additional
$4,000 tons OF structural steel. in.
cluding $500 tons for the Big Four
shops at Indianapolis and 600 tons
for the Pennsylvania system west
of Pittsburg. The Chesapeake a.
Ohio placed contract for 1000 tons
OF bridge material
Among the more important orders
placed during the week were $50 cars
for the National Lines OF Mexico
from the American Car e. Foundry
company; 10 passenger. 40 freight,
and 10 switching locomotives from
the American Locomotive company
for the Missouri, Kansas a. Texas
and six freight cars and two switch.
ing locomotives for the Mineral
Range railroad with the American
Locomotive company.
The Colorado & Southern has or.
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Valley has been employed as in
struotor in model school County
superintendent Vale has offered to
assist in teaching school law.
A reception was given to the de.
batting teams OF the triangular debate
by the oratorical Association last
Saturday evening. An address was
given by Professor johnson after
which each II the debaters respond.
ed briefly. Refreshments were serv.
ed in the East Library after which
a number OF toasts were given. DR.
bushnell acted as toastmaster.