The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-09-22
HOLDS WATER hi
RESPONSIBLE FI||
Southern Pacific oari,|
Sea Competition /, B
Nut to craek.
WOOL TONNAGE sI
Mohair Shippers Intsr,,|
Wool Rate Heariur. \
Explains Divi,jend,|
WOOL TONNAGE /,

In the opinion of II. G. r.,
general freight agcn, ., ~
Pacific. his company VI !hs
IhT iiands Of a receiver !, -
pclled 10 meet water c,h n
freishts from CalIfornIa 'p,'luc
said nj the wool ra,n Ma
9 : m,rra S,ates Interstate
~ .oinrnlssioner Pyouty va,, @
noon that his company b,sg,itr
a very small part OF lhs% % Ta
originating In CalifornI, "'e
part by far. he said wan, n
Loll also declared iha, ~
The cars operated bv =. " ~
That onc-half nf all the MILO um's
ness was California busIu.
fore. hr said, the tronsaaa ,usp
business originating AZ ~"
cisco terminal was ~ "s ~
small consequence as -
wool carried by the sbIr.
MI. Toll expressed ibs
no railroad would oyer b,-s
In the desert country ana, &
II there had not been "qh" Y
OF California to be ra.,k1 M kI,1
veloped. Mr.. Toll saId @ ~.
bad foreseen the vast torr.h W.. ~
that would he developed !. I,
ana for that reason the Tanr.
been built. Mr.. Toll dId ma, ~,
the Western Pacific vo,i, 2
been quilt Il it had interss, ts
entirely on It's freight torr,a
Ing nj San Francisco Ths ~.
ciiica y purpose. rs Mr.. Ton :.
1T. was To build feeders anJ i.
ioE "A share OF the lmusn. |,
business originating In caI,f,-
other then the San Francis" 4.
Eastern Lines Get sars 4
At the forenoon sessiop 4,
Ing Mr.. Toll sald that ths ~
Chicago accepted tho sams ~,
tariffs on the s2.l3 rate I'M"
Nevada points where lha, "a.
as they did on the 81 rats +.
san Francisco bv the sou,t.-
There was a good deal N
concerning supposlilous a,
wool originating al Wes "
west OF Ogden. and carry,r, h.
rate. Mr.. Toll vas asked hsr
meDt would fare II II were -
Francisco al the rate Of ,ls1
hundred and rcshippcd 10 E.
The answer WAS that. In sdSa,.
actual tariff rates. the ,bIr-
have 10 Dsv switching charr,I /,
pressing charges. and that IAs
would be considerably higher 4
ment were sent Via San Puu9
II sent direct.
So far as the Southern p,
concerned. Mr.. Toll said kb
fixed the rate on the s,astd
the Oregon Short Line. ".
he was unable 10 explain Win
for balinG at San Francisco N,
as against 10 and IL cenis q
geles
5, o. Baker. Representing b.
Mchair Growers association.
Mr., Toll concerning rates &c
modify. particularly asking
they wcrc higher than the rt,s
Mr. Toll said that his comiazF
been asked for rate on n11-
once. when Arizona shippts
II carload rate. Mr.. Toll sln
there was only a small tonnl1
hair. Furthermore. he SAID 81
held 20 be more valuable 4
Value OF commodities. said w.
one OF the many factors that q
the making of tariffs.
Water Rates Enttt
Mr.. Toll said that vatf
changed their rates as Du6
40 cents the hundred. and %
had been able 10 ascertain,
carriers had Issued no ppbe
sheets. He said that shius
shipments at almost any IL
the actual cost Of handling. -
got the commodity TO flll up U
A discussion as TO whslhd
ever adopted the same phn
their empty cars brought og
from Attorney johnson. epss
Ma tlonal Woolgrowers 8ssoca
the Southern Pacific and ga
Line furnish the commlssioa
of tho movements OF empuA
erencc as 10 excess OF efnpv,
east or west during ihe mo5u
June and July. Il vas tos
OF these tabA
quirc sevora! days. and the
Will get them when II hohs
at Portland. whither
goes from Salt la%
How Dividends WGs
State Senator II. ". LarI
CITY, vice president OF ths
G. Live Stock -
gave direct testimony WEI
noon 10 the effect THAI tm
In the mast zen 20
crea scd third, and Tho
I ed that his company h9o
Df 81 per cent in the pasl lo5,
10 the stand yssls
and on cross -examinaiion
of finance BY Thicn
had been able 10 pay mes
Senator Lunt explslneo w.
company WAS Incorporates ~
400, It's assets. during tns w
,9II had Increased 10 l?Nc
The wears 1902 and 1910 ine
profit was NIL; neveriIeicS
had declared Il dividend o
Ten per cent OF this WAS ~
books of the mercantne w.
company and 10 per cen.
after money was oorIvs's., y,
Mr.. Lunt justified the
,ompany in borrowing 49, asn
lends by citing the hS'
ialuas. He drew me e 80
while the dividends oi n's s.st /
,ged slightly over 5 per .,a, eur.
actual return TO me ME oos1
he cost OF stock IN n''