Jasper County Democrat, Volume 3, Number 7, Rensselaer, Jasper County, 26 May 1900 — RAILROADS [ARTICLE+ILLUSTRATION]
RAILROADS
The Chicago and Alton has ordered twenty additional passenger cars. Net earnings of the Lake Shore for quarter ending March 31 wer? $2,591,225. Central Passenger Association lines an trying to regulate the half rate ticket evil. East bound shipment's from Chicago are falling off. Statement for last week shows a decrease of 28,743 tons over the week previous. Gross earnings of the Illinois Central system for the first week in May were $597,951, an increase of $85,644 over ths corresponding period of last year. The Peoria, Decatur and Evansville road, which was recently sold at Springfield, will probably pass to the IHinoia Central. It crosses the I. C. line six times.
A cleverly written little booklet regarding the fishing grounds df northern Wisconsin and Michigan has been issued by the passenger department of the Milwaukee and St. Paul company. By advice of the attorney a of the Southern Pacific and other Western roads which pooled to compel the Government to pay higher rates for transportation of soldiers than accorded theatrical and other parties, the scheme has been abandoned. The Union Pacific road owns more land than any other railway in the world. When Its line was run through the undeveloped lands of the West a right of way forty m'-lea in width was granted, which extended west from both Kansas City and Omaha almost to the Pacific coast. So great was the acreage given that today the road, having sold thousands of tracts, still owns and has for sale almost all the land along the line from Laramie to Green river on the main line, 272 mllee of land forty miles in width and 296 miles of equal width on the Kansas division. This means practically a fortymile (trip through the whole of Kanns, Nevada, Colorado, Wyoming and a part of Utah, an acreage of 8,000,000 acres. Sir William C. Van Horne’s scheme for developing Cuban railroads seems to have prospered amazingly. The Quban company has been organized under the laws of New Jersey with a capital stock of $8,000,000, and some of the best known American capitalists and railroad magnates are said to be interested in the movement. There is talk of the Canadian Pacific securing terminals at New Whatcom, Wash. The Illinois Central has appropriated $1,530,000 for additional equipment. Thirty MW locomotives are In the order.
