The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-06-01
UNITED STATES RAILWAYS.
Morgan and San Antonio-A Marrow.
Gnage to Brentwood Southern
PaciGc-Tyler to get the shops
of the ST. Louis NarrOw.Guage
On 80 the City of Mexico
by Several Routes.

It's rumored that the House Pacific Rail-
road committee will recommend land grant
on the road now building from New Orleans
10 connect with the Texas Il Pacific,
A stern Puritan at Milford, Connecticut,
refuses to sell the rightof way to the Paral-
lei Railroad company, whose proposed line
runs through his land, unless the company
will agree to do no business on Sunday.
: Exchange.
The telegraph wires of the Gulf, Colorado
& Santa Fe railway reached Rosenberg june
ton, May 2Sth, adding another TO the many
means for the safe and speedy dispatch of
business which characterizes this admirably
equipped and well managed road Calves
ton News
The CITY of Denver, Colorado, is to have a
grand union depot, in which all the railroads
going out from that city are to be united.
The building ia to be of stone two stories
high, with central tower 240 feet high. 1t
will be 500 feet long, 6j feet wide, and cover
an area Of ten acres.
Boston proposes to put two thousand men
at work Immediately upon the line of the
Mexican Central road, ana not many years
hence one may take Pullman palace ear in
Boston and enjoy an uninterrupted trip over
the Atchison, Topeka u Santa Fe railroad
system to the Mexican capital.
A very lively contest is going on in the
Mexican Congress between the friends oftwo
American railway companies who are seek
ing from the Mexican government railway
concessions over the same route. The pur-
pose Of these companies is to establish COM
municatiou by railroad between this country
and the City Of Mexico. The two eompa-
MES are tho Atchison, Topeka Il Santa Fe
and the Union Contract Both have been
granted concessions by the executive, and it
remains for the Senate TO decide between
them. 1t IS said that tho claims OF the
Uni n Contract company meet with the
more favorable consideration. a railroad
from some pointin Texas to the City OF Mex
leo is one the enterprises that is sure to be
undertaken and completed in the near future.
Selma, Rome & Dalton.--A meeting of
holders of Alabama Il Tennessee River bonds
was held in New York, May 10Th, about
seveu-eight $ in amount being represented.
A committee appointed to examine the road
reported that it was in fair condition, but
thai about 100000 would be needed for inn
pr0vements and new equipment, and to build
some coal branches. After discussion, a
committee consisting Of Charles Morgan, Il.
T. W llson and IL. Amy was appointed to
prepare plan Of reorganization providing
for the purchase of the road and
for raising the money required
The Alabama Supreme court lately de-
cided the Alabama Il Tennessee River bonds
to be prior lien on be road in Alabama.
There are, however, liens prior to these bonds
about rs ollows; For legal expenses, court,
costs. etc, 100000 on equipment S2l0-
600; receivers certificates, 1887 900, making
about S747 900 ia all which the purchasers of
the road will have to pay in cash, or provide
for. The Selma, Rome & Dalton boudhold-
ers, who have all along contested the lien of
the Alabama 81 Tennessee River bonds have
taken no action as yet, and it is not known
whether they will endeavor to buy the road
at the foreclosure sale, which is now fixed for
June II. The minimum price fixed by the
court is S1,7S5,000, little over $4,000 per
mile Should the Selma, Rome IL Dalton
have to be paid in cash; assuming that the
road is sold at the minimum price, this would
leave over $l,0O0,000 to be divided among the
prior lien bondholders.
The San Antonio Express to be-
lieves that the Houston Il Texas Central will
build to that city. 1t says: at has been
known for a long time that the Morgan in
terest in the entral road has caused, TO a
great measure ut least, the delay in the ex-
tension of the road from Cuero, but circum-
stances are combining which will make ii
highly desirable for Morgan to have control
of freight line leading into San Antonio
BY an arrangement with the PIERCE road the
Central has heretofore enjoyed great por-
ton of the all rail freighting business of this
section, while the Morgan steamers had
almost monopoly of the steamship bust
ness The completion of the International to
this city will interfere with the arrangements
heretofore existing. There will be strong
competition for the railroad business with
the North and East, and also for the water
transportation. The International will have
the shortest and therefore the most advan-
tageous route to st. Louis and
the East, and will also be able 10
form combinations to reach Galveston BIZ
rail and there join with the Mallory line
The road will be at disadvantage in thi:
connection, but would m Ike the competition
nevertheless, and the Morgan company, there
fore, to secure q fair share of the freighting
business of Western Texas, must have con.
nection of its own which will give it an ad
vantage over its rivals. Tire building o
eighty miles of road would give the company
the shortest line from San Antonio to thu
gulf and control of its business for thell
vessels, and also place them in connection
with what will be, by the time they collt
complete their road, the railroad center Of
Western Texas 1t would cause an outlay o
comparatively little more more money tC
operate their road for the whole line than i
does now to operate it from lndianola tC
Cuero and not a very great addition would
have to be made to their rolling stock. Il
will be seen, therefore, that everything tends
to encourage the early extension Of the Nor
gan road to this city.