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Newspaper
Topeka State Journal
Location
Topeka, Kansas, United States of America
Date
Aug 27, 1903
Page
4
Chicago reports on railroad earnings and stock market shifts, arguing the peak of prosperity has passed. It cites earnings per mile, declines from 1890, and forecasts for dividends and industry-wide growth, detailing long-term trends across rail groups and regional indicators.
A veteran railroad man tells a New York Times reporter that chartered special trains are becoming common. He recalls how ten years ago special trains drew little newspaper notice and required ample advance notice to arrange.
A garbled set of notes describes Great Western plans to open three new towns named Geolley Town and two others, with public sales and auctions listed for September and November. The notices reference townsite departments of the Chicago Great Western and mention potential future development and surveying.
The passage notes unsold lots to be offered at sale. It cites a well laid out plan to support a thriving town of several hundred, with a town building project modeled after the Great Civil era in Lanesboro. The auction is set for October 7, 2002, reflecting a town poised for growth.
In Bernargine on August 27 reports say laborers face possible wage increases or loss of work with carriers citing rock breaking and rock runs as the only tasks. A visiting delegate notes 50 per day pay claims while Santa Fe hires any available men, prompting many to seek other ground.
London August 27 A special meeting of Grand Trunk shareholders unanimously approved the recent Canadian parliament act authorizing a rise of guaranteed stock from 2 1 2 percent to 5 0 0 0 0 0. President Charles Hivers Wilson denied the money would fund Pacific extension, saying shareholders expect steps to acquire a Canadian Atlantic terminal port instead of Portland Maine.
Boe Angeles August 21 Abotf new refrigerator cars for southern California lines to Rew Combination Cary Plate of those wrecked near Mellen station a few weeks ago and an order for 4 mountain engines for the Arizona Wivie ron are among our new sauipment are Aoted. The refrigerators are contract to be delivered by January 1. The Santa lo we not intend to expend money for additional expansion at the time and my imprecabon is that for the prerent, all other railway corporations are lit a slender position. There has been too much pina cy for the future tte everywhere and the financial powers in New York undoubtedly have dimiied to go annw for the present.
San Bernardino Aug 27 A rumor has circulated that black employees at the Santa Fe railroad may demand wage increases. A union internal meeting voted to admit new blacksmiths helpers, but no demands are planned. Also listed are numerous railroad appointments and transfers across the Cleveland, Chicago, St Louis, and neighboring lines, with engineers, foremen, and superintendents reassigned or promoted.
Aug 27 Chicago reports rising passenger traffic as the national travel boom continues to intensify. Officials note railroad centers handle growing volumes, signaling strain on schedules and facilities amid the brisk postwar mobility.
The article notes a rise in weight on the Des Moines to St Joseph line over six weeks, with locomotives carrying excess beyond the carves. It cites rail improvements with steel rails and rock ballast, and attributes the condition to broad prosperity despite declines in security values. Summer tourist trade grows, but general commerce surges more.
The article outlines a proposed conversion of Mexican Central Income Bonds to reduce fixed charges. It projects lower annual charges, a shift in subsidies, and potential net earnings gains, noting silver price declines and expected boosts from recent rises. It also reports on soft coal tonnage increases at Beech Creek and mixed effects on New York Central earnings due to the anthracite strike.
General Manager James states major upgrades for the Rock Island system in Dalhart Texas with plan to double facilities and move headquarters. Chas A Bilis arrives with blueprints to direct construction of roundhouses car works coal sheds and related structures. Harry Gibbons assists west of Liberal and will supervise western expansion as soon as arrangements finalize.
A passenger named John Shine from Missouri Pacific Railway at Roxbury station sends 20 cents as “conscience money” for riding beyond his ticket. He preserves a feminine hand written letter unsigned, asking pardon while noting the amount earns 10 percent interest. Colonel Jewett to decide on disposition.
St Paul Minn Aug 27 E C Blanchard superintendent of the Minnesota division of the Northern Pacific with headquarters in Minneapolis has been named superintendent of the Superior division to succeed G W Vandersiice who has resigned M M Powler now assistant superintendent of the Minnesota division at St Paul will become superintendent of the Superior division Great Western Improvements The Chicago Great Western is rebuilding and strengthening 20 steel bridges on
The Santa Fe shop crews discussed elections and yacht races after a successful picnic in St Joe last Saturday. Managers, clerks, and railroad men, including A J McLeod and Ost, traveled from several cities and plan visits to San Bernardino Catalina and Chicago before returning home.
Columbus August 27 Following the complete ticket nominated by the state Democratic convention Governor Tom J Johnson Cleveland Frank B Niles Supreme Judge Edward D Dempsey Cincinnati Attorney General Frank Monett State Treasurer Charles A Koobe Wapokonetu School Commissioner J H Secrest Ironton O U P S Senator J H Clarke Cleveland The convention carried the Johnson program after minority reports and opposition abstained from the gubernatorial nomination Zimmerman faction quit after governor and senator selections. John L Zimmerman of Borings field contested the nomination but his supporters left as results were finalized. M E Ingalls Cincinnati endorsed for senator but did not attend. Clarke of Youngstown, now Cleveland, delivered two key speeches for Johnson and the senate nomination. Clarke signaled possible debates with Hanna prompting a large demonstration. Ex Representative Frank R Niles Johnsons running mate for lieutenant governor expected to aid dissent. The convention aligned with Bryan nationally and with Johnson locally, leaving the party overhaul to Johnson supporters for next year. Springfield Aug 27 John Le Zimmerman defeated candidate claimed Johnson illegally unseated Hamilton Miami Seneca delegations and would not support the platform of his opponent.
In Kanaan City Mo on August 21 the Southwestern interstate coal operators association adjourned after a conference of about nineteen operators from three districts. They voted to unite in a defensive alliance and to oppose the miners union, appointing a five member committee to address the matter with John Mitchell of the United Mine Workers.
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