Electric railway review (1906) (14758398932)

Identifier: electricrailwayr17amer (find matches)
Title: Electric railway review
Year: 1906 (1900s)
Authors: American Street and Interurban Railway Association
Subjects: Street-railroads Electric railroads
Publisher: Chicago : Wilson Co
Contributing Library: Carnegie Library of Pittsburgh
Digitizing Sponsor: Lyrasis Members and Sloan Foundation

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Interurban Railway Association,and B. V. Swenson, secretary of the association, attended ajoint conference of the corresponding committees of the asso-ciations representing electric light, gas, telephone and rail-way interests. There was an extended general discussion onthe subject of municipal ownership and the relations of cor-porations to the public and to the state. No definite actionwas taken. It is announced that both of the committees ofthe American Association will probably issue within the nextfew weeks a series of questions to be answered by the streetrailway companies of the country. The data obtained in thisway will be used as a basis for the reports which will bepresented by the committees at the 1907 convention. The Northern Texas Traction Company of Ft. Worth,Tex., which operates the interurban line between Ft. Worthand Dallas, as well as city lines in both cities, is equippingits interurban cars with steel wheels. March 30, 1907. ELECTRIC RAILWAY REVIEW 431 Ho iv arc/.
Text Appearing After Image:
79m e Map Showing Through Routes Proposed In Chicago Ordinances Which Are to be.Voted Upon April 2. 432 ELECTRIC RAILWAY REVIEW Vol. XVII, No. 13. DISAGREEMENT ON VALUATION OF CLEVELAND ELEC-TRIC RAILWAY. An important crisis in the Cleveland street railway situa-tion was reached on Monday, March 25, at the meeting of thecity council when President H. B, Andrews of the ClevelandElectric Railway and President A. B. DuPont of the Munici-pal Traction Company announced that after two months ofnegotiating they had completely failed to agree on the valua-tion of the property of the Cleveland Electric Railway. Mr.Andrews submitted an estimate placing the present value ofthe outstanding stock of the company at $105 per share, whileMr. Du Pont valued it at $45.10 per share. The presidents of the rival companies have been in almostdaily conference, assisted by a large force of engineers andaccountants, in the endeavor to determine upon the valuation,since January 10, when, following the decision

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