Showing posts with label Erie. Show all posts
Showing posts with label Erie. Show all posts

Wednesday, October 12, 2022

PRR + MILW rumors

 "PENNSY" MEN ARE HERE

OFFICIALS OF BIG EAILROAD SYSTEM STOP ON THEIR SIGNIFICANT INSPECTION TOUR OF MILWAUKEE SYSTEM.
Pennsylvania railroad officials, as guests of the Milwaukee road, are inspecting Minneapolis today. They arrived at 6:30 p.m. yesterday and at 10:30 tonight will leave for Duluth. St. Paul will entertain them after 6:35 p.m. Wednesday. This is part of a general tour of the northwest which be gan Monday morning at Chicago. Sioux City, Omaha, St. Louis and other cities are to be visited. 

E. W. McKenna, assistant to the president F. A. Miller, general passenger agent E. S. Keeley, general freight agent, represent the Milwaukee road. The Pennsylvania officials in the party are: John B. Thayer, with vice president George D. Dixon, freight traffic manager James B. Wood, passenger traffic manager. Officers of the Pennsylvania lines: Joseph Wood, second vice president D. T. McCabe, freight traffic manager E. A. Dawson, manager Union Line. Chicago.  Officers of the Erie and Western Transportation company: E. T. Evans, vice president, Buffalo John E. Payne, vice president, Philadelphia.

Taken in connection with rumors in the railroad world as to the future relationship of the Pennsylvania-Milwaukee line to the transcontinental situation, the trip of the Pennsylvania men is believed to have considerable depth of meaning. The inspection trip will take in all parts -of the Milwaukee system, particularly that which would be involved in a thru line from Atlantic to Pacific.

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Minneapolis Journal - May 2, 1905

Thursday, February 25, 2016

Erie in Wisconsin Road?

Newman Erb's election interpreted at Milwaukee-Duluth to coast plan.

Milwaukee, Oct. 10 - "New and strong interests have come into the Wisconsin Central property" says an official statement issued after the annual meeting today.  "No change is intended in the plans or policies of the company; on the contrary, it will be enabled to push its plans more vigorously."

"Two changes have been made in the Board of Directors to give these new interests representation.  Newman Erb of New York and G.M. Cumming, president of the United States Mortgage and Trust Company, New York are the new members of the Board of Directors".

Newman Erb succeeds John Crosby Brown of New York and Mr. Cumming was elected to the place held by Joseph S. Dale of New York.  THe directors will elect the officers in New York next month.  The gross earnings for the year ended on June 30, 1905, were $6,650,883 against $6,466,176 for the previous year.  The net earnings were $2,276,547 against $2,123,737 for the year ended on June 30, 1904.

The journal says:
"As sized up by MIlwaukee financial interestes and railroad men, the changes indicate a desire on the part of the Erie Railroad to get control of the Wisconsin Central in order to get a short route by car ferry to Manitowoc for a connection with the Great Northern Railroad at Minneapolis and Ashland. <note, the Northern Pacific reached Ashland, not the Great Northern or perhaps they meant Duluth>.  Former officers of the Pere Marquette Railroad have obtained interests in the line.  The Pere Marquette was recently absorbed by the Erie system.

The evening Wisconsin says the new interests in the WIsconsin Central present quite clearly the probablity of a big combination of traffic interests which will eventually form a strong, direct route through route from Duluth /Minneapolis to the seaboard.

NY Times Oct 11, 1905