The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1879-11-27


The Sc. LOUIS and SIN Francisco has
on sale tourists tickets 70 sll points in
Texas at rates 70 compete with Florida
rates.
The Texas Pacific he's Withdrawn
from the lobby, and will st once 20 to
work In the field to { junction With the
Southern Pacific.
| 1t is officially reported that the COM
parative earnings of the st. Louis. Iron
Mountain and Southern Railway com
| p6ny for the second week of October
are $l72, 9l0; for 1873, St4S, 93t in
crease in 1879, $ss, ,076.
The Houston Central earnings for
September showed q gain of about $40,-
000. All the issues of the road are
strong and scarce and $4,000 OF tho
Western Division bonds sold privately
in New York lately at l06 i-2.
The good work of building the
Wichita branch OF the San Francisco
road is progressing finely. The road
has been completed to Modesha, Kan,
IA miles west of Cherryvale, which Is
404 miles from st. Louis ana ~ miles
from oswego.
The novel engineering feat Of build-
ing bridge on shore and thon showing
it cross the river has been accomplished
at Dinard, France. The structure Is
S14. feet leng. weighs over zoe tons, and
was projected into its place with twelve
strong windlasses.
The comparative earnings OF the Un-
ion Pacific railroad for October were
1879, 81, 5tS, $50 &c; 1873, 81, ,260, S05-
A; increase, $s7S, 775 10. The above
ratio increase at last years ratio of ex-
penses to- Earnings would add 81 98S.-
S22 to theinet earnings of the company,
or over per cent. additional on the
stock.
The Atchison, Topeka s. Santa 70
Railroad has closed contract for the
completion of q branch to Santa -Fe.
| New Mexico, to be completed by the
first of January next. The main line
is now being extended to San Domln-
go, on the Rio Grapde, which will also
be completed by the first Of January
next.
Mr.. Gould, it is said, has had his eye
on the Ohio and Mississippi railroad
and some time ago he and Russell Sage
bought from jain Bleodgood 6 Co.,
their entire interest in Springfield divi-
sion bonds, which have lately besn de-
clared valid by Judge Dfummond.
Since this purchase the bonds have ap-
preciated in value some 20 to 80 percent
Vigorous efforts are being made to
revive the project of building the st.
Louis and Mexican Gulf railroad The
road has land grant from Texas of
10, 240 acres to the mile. This road Is
expected to start from Sabine Pass, run
through eastern Texas, thence to Fort
Smith, where 1t will cross the Little
Rock and Fort Smith road; thence to
Springfield, No., via Fayetteville. Cass-
vile and Bentonville.
The number OF locomotives on the
II, 1898 miles of railways in the United
Kingdom at the close of 1878 was H.
900, an average of one engine to each
1856, 100 miles. The number IN the
United States at the same time Is re-
ported at 16, 445 for 80, S8f miles Of
lines, an average of one to each 19i, 100
miles, very striking difference. The
gross receipts of the British roads for
the year were eG2, see, GA (about $314,-
313, 800, showing the average earnings
per engine TO be about $240, $40 each.
The earnings of the railways OF the
United States for the. same period are
given at $500, 103, s51, which shows an
average Of $50. s02 per engine. This
indicates the American engine to be
a more successful ''money winners even
than the British engine.
The Southern Pacific line is now in
open action from San Francisco to Casa
resumed on the construction OF the
road, the company expecting to reach
Tucson, Arizona, by Chrietmas, ninety
miles distant from its present terminus.
That part Of the road in California was
built when material was high. I'M
mense physical distractions had TO be
overcome. The road passing through
three mountain ranges, where the work
was very expensive, the road costing
about 800, 900 per n1ffe,-and one tunnel
alone nearly million and half dol-'
lars. The road in Arizona costs very
much less-not over $50, 600 mile.
The whole road IS hrst-class in every
respect, the part in Arizona being cn-
tirely of, and the California portion
nearly all of steel rails.