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Central Oregon Railway Bonds Inked On New Market
Promoters plan a Central Oregon Railroad linking Yaquina Bay to Snake River with a 300 mile extension via Corvallis & Eastern. Bonds of 20 000 per mile are expected to list on the New York Stock Exchange, backing a route through Oregon to connect with O R N and Union Pacific lines and potentially Harriman or Gould systems. The venture, backed by A B Hammond, aims to fill rail gaps in central Oregon and tie into Portland San Francisco and eastern markets.
MENTIONED IN THIS ARTICLE
Oregon
Corvallis & Eastern
A. B. Hammond
Stock Exchange
New York Dispatch
Oregonian
Yaquina Bay
Idanha
Cascade Range
Snake River
Ontario
Central Railway of
Oregon Central & Eastern
Corvallis
Hammond
Portland
San Francisco
Harriman
Gould
J. H. McClements
George Gould
Pacific Northwest
Denver
Goulds