Rensselaer Semi-Weekly Republican, Volume 36, Number 97, Rensselaer, Jasper County, 29 July 1904 — RAILROADS [ARTICLE+ILLUSTRATION]

RAILROADS

The Missouri, Kansas and Texas has completed its line into Austin from Granger, Texas. From $8,000,000 to $10,000,000 is the estimated cost of the proposed freight tunnel system for Philadelphia. The Kansas City Council has adopted an ordinance enjoining the scalpers from dealing in non-transferable tickets. The Northwestern announces its through sleeping car line between Chicago, Milwaukee and Sault Ste. Marie. President A. J. Davidson of the ’Frisco and the Chicago and Eastern Illinois has been elected president of the Evansville and Terre Haute. The work of double tracking the Texas and - Pacific between Fort Worth and Dallas is going rapidly ahead, and the line will soon be completed. A certificate of consolidation of the New York and Pennsylvania and the Sharon and Ceres has been filed with the Secretary of State of New York. The first railway in China was built in 1807, according to Export, a German paper, and extended from Pekin to Tientsin, a distance of seventy-five miles. - Under the name of the Consolidated Railway Company, the New York, New Haven and Hartford Railroad has incorporated its electric railway interests. The directors of the St. Louis and San Francisco have voted to take from the treasury $1,000,000 of 4 per cent refunding bonds, the proceeds of which will be used to reimburse the company for advances made on account of improvements to the property. Announcement has been made that the Southern has issued $15,000,000 of a total authorised issue of $16,000,000 fiveyear 5 per cent collateral trust bonds. The report of the New York, Chicago and St. Louis Company for the year shows gross earnings 0f'58,448,320, the largest ever reported in the history of the company. A committee from the Western Passenger Association has Induced the Central Passenger Association to agree to an equalisation of rates through the Chicago gateway from all eastern points to trans Mississippi river points. •> •»