Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-10-17
WITNESSES TELL OF ENORMOUS
LOSSES THRU STOCK MAN
tPULATlON.
PURCHASES OF TWO LINES
COST COMPANY MILLIONS
Methods by Which Road Was F'nano-
rally Wrecked Cause Sensation at
Hearing Before interstate Commerce
Commission Expert Accountants
Verify Charges Made in Senate.


eoii''ile'ce SoIiiii'ss1"4i 'VO'''
its inquiry into the financial AFFAIRS q
che G. r. !. & T. railway. Witnesses
.eaav ~ restifv i,cluded r j SehH-
-. r, = 49, :,-~. -
HeA 0i''H' - ~ H'N'
and Is. T. Soakain. q New 1orA- " 2
The completion u their testimony i
was axnac,es mar me hearing wonlG
" -" = = ''''1 ~ "
Only tWo Witnesses Fsde1-"
shared. IN examiner o accounts Tor
the commission. aud :. = Hire. ol
w. o,o- - "a, 80
-- - ..s
'S'|''-'- 5 'i-i4 - ass '-'
iAeF testimony AAS aeNela2eI W.'s>-
appears - - : soSs az A'.SVs,0.' p
one Bend transaction. losses iaF1-N rs
many millions IN acc AiT,ns ne ET.se9
me ana me Ii1}1aeo & -Ai1eh- ana q
I"ss Q. % %" On me seocA a'aG 2ef'eS
u the Deerl1s toal 4 oFn 9-nN aane
stockholders are F@7s.eeii'S . eva
Charges Mace on Senate rteer
Millions Lost n FRISCO Oeal.
some 4eta-ls concerning he s.-Qu.-
si7iou @13 su5seQuer, sale * The p $50
iiae and 3 loss ~ 2a-llors se-e 1eyel-
3.al todav >ao-Se NON s-t-y. u N.,-
YORK : director u tie Reek Zs,ars
operating -s-l1srv and Ire New Jar-
sev holding CONTRARY ~ ~ Rex 7sls-,,s
csra rAs44-,,o-r -en.5frr 70 shnv M
aaa-5 az directors ,-ss 2-scrs.s7lv DOR,
.,a,a5 ~, T,,-sa 7.6 1---ss
49, ~ aw ,+-->a .,r,-e,--;r,., 10
7-s--. o,,s-z-s--s - - s.,-s-.5 -
s
o. ~-,s. .x,-4-..&.- x.+z
,5S-s7 = - ..-.r.--,- .-.-a..
-sIia5 - - $50 - -. .,.s---....,
,,--..,a.~ 49, - -
80.
80 - ---e = -es e % pose Q. u
- - 49,. 81 NJ 100
- - - -. -. ;, 10
--~@.-.5 ---'1
- - -.
-a.a1-r.i -.
81
TIE tounaa,ion e,r ,5s i,o.,- s ,sa
az -ouI..<A.-'a toi I--e Allq aIs was 80
y, .os eA-i-'i = s-oil ne l1f4o
ae GIG DOORS o. the HocA
'.s ~ y - .7i'7' 80 81 -'1ei -
io4 .4,e 0'siiii.47sion' save "a
- -. -. ~ 80 - q 80
.,.s oooNs ot Iae ssslehh' eonsls t'll-
s.ae op. dlis 'Ai' aIa me ~ .
NJ s,.naa ~, 80 .a-,,s
$500 90 ~ L!ie sfi4a.
81 10 GA 'Iis,
-n... tH"i. .. ny y y. =. oapie re-
$3.50 o. M
-. , W, O. o.
- - +'.so 81. ed "-f'Voo -oI d
,,lne ana Ia'ss ss-,ooo a ear. \. L,
Ia e,so ma 80 a,s ~
ooo - 49,, asstu
~ 20 osla IN. %. aSs oai<lifaiI'i u ii'e
= &c p.a s' 80 an
,.oI,oi,o. 80. 80 NO 80
- ~ %
80, POI ~ No.. 'Ia'Iiei,
80 :. -, q. On s'eAiiS' "''-e
c
..rr,
-, -. - - In -
-, - 80, -. 80 20. 49, .iie
,,,a ,@,.-s.,,l',, e. .-'..s .e ~ ~
$780, ~ az 80 sI8' --ie
r. -. ,,u.H. Us -. ~, -, 90
-. - g., - s-p''Y5 -
"a -4i
~, - 80 a. - ~ use
-, 80 -
>7-,<,1 oo 81
-. % '-e
~ -.
-, - $50, - '..aioou
90 az ~ = ''iiii % nm
- or-S.' 81
,ael- -. t' - N-s
mat ,ne rock Island ajso assumed an
Indebtedness of $4,000 0on ron rba an
Sorbed road.
Av.-,.. coe. m:y.
The average eost Of -5ar ,f-e "
fhe Rock Island he addad ..z,-ss
s57 ass a mile
"That NJ co,-sa t,oI,,de- (. Vote
terminal facilities ara --sc.sra escIi-
tiles over the U-abasb,- counsel to- ~.
Rock Island suggested
cot course Sharood a,sv.-.s
NJ Sharood declared the loss - re
Rock Island railroad wa -,,s. abo,,,
s35 ns5 moo and that T. v ea-,aa -,
the companv's books "a a, assa.
In explaining me sc,u,a..io, n. +ha
Chicago & Alton road nv .ba goct-
Island railway oo,nnsov ha sags
NV estimate OF me loss - ~. rat1-
way COMPANY or .he Chicago a NO,
traction ia Is 73os AL and ,b., +oa an
an investment Of onIv q lit,ie ov.r
80 900. 900"
The examiner said William Moor.
was given a youcher If the Pnck Island
railway company for abo,,t 81 ana 70
reimburse him FOR losses sustained "in
supporting In the market the bonds