Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-12-27
JAY GOULD.
Effect of His Railroad Consolidation Upon
the Grain Trade of st. Louis and the Mis-
: sissippi Barge Line Route to the Sea-


Effect of His Railroad Consolidation Upon
the Grain Trade of st. Louis and the Mis-
sissippi Barge Line Route to the Sea-
board.
ST.. LOUIS, Dec 25.--The Post Dispatch
publishes an elaborate article regarding
the operations of Jay Gould and his asso-
ciates in the west and southwest, the
railroads they have acquired, the extent
of the various combinations, the aggre-
gate of them and the present and future
effect of these operations upon the growth
and commerce of st. Louis The miles
embraced in what is called Gould's con-
solicitations are as follows: The Wabash
system, both east and west of the Missis-
sippi river, and branches, 24S miles; the
Missouri Pacific and branches, 7l2 miles;
the Central Grand Union Pacific, 1863
miles; the Missouri, Kansas & Texas and
branches, e25 miles; the Kansas Pacific
and branches, 101 miles; the Western Pa
cific and branches, 2,115 miles; the Den
yer & South Park, POI miles; the Iron
Mountain and branches, 6S4 miles; the
International e Great Northern, 664
miles; the Texas 81 Pacific, 80 miles; total,
9 500 miles.
In addition to this there are 395 miles of
road in course of construction III Indiana,
Illinois and Iowa, which will enter into
the Wabash system, when completed,
and nearly 1000 miles are under contract
or projected in Texas and Mexico. Much
speculation was INDUCED in year ago as
to what effect these consultations would
have upon st. Louis, many business men
fearing they would injure rather than
benefit the city. To show the effect on
the grain trade of the city, it is stated
that last year there was received here OF
wheat, 1915, 900 bushels; corn, 12,721,-
600 bushels; oats, ATTIC 600 bushels
While this year the receipts have been:
Wheat, Is, $50, 900 bushels; corn, 2I,575,-
600 bushels; oats, 515,0 900 bushels, an
increase of 1865, 900 bushels of wheat;
bushels of oats. - -- ,-v't "a
Mr.. Gould says that the Mississippi
| river is the outlet for the grain of the
west and northwest, and is shown by the
t,statement that the Northern Pacific, the
Wabash, and the Iron Mountain rail
roads have nearly half million of stock
in barge line on the lower Mississippi
| and that every effort is being made to
ton of grain to the seaboard and to
Europe during all seasons of the year.
| To insure the latter result a very large
| elevator is being constructed on the river
bank at Belmont, the southern terminus
of branch of the Iron Mountain
| road, below which there is rare
LILY any obstruction from ice.
During the past two weeks one half mil
| lion bushels of corn sent via the Iron
Mountain road to Belmont, were put on
lbarges there for New Orleans. The barge
line referred to will be ready for the re-
sumption of navigation in the spring and
will have transporting facilities of two
million bushels of grain per month, and
this is only one of several barge lines
in operation on the Lower Mississippi.
The article states that the elevator Ca
pacity of st. Louis will be nearly if not
quite doubled within year, and that il
will be kept fully abreast of the growing
grain trade of the city.