The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-04-28

|Te1as a rasins RKionsion spikes,
sparks, Rails, wheels,
Oars aud Cash Netes
and Figures,

Imfn employed upon lhN tANnsluh pl lNu
|lmns X Pacific, Track LAYERS to-day
aaehed the 30 niapost beyond Fort Worth,
|. bad arc progressing NJ tho rate " ! nile per
|lay. This will put them 10 MeAlhellurd be-
geon tho oh and 9Th Of May,
NJ, Louis, Iron Mountain & Southern
Notice Is given that full years lltegpt ~
per cent will be paid on the lirst'preterred
income bonds from the earnings Of 1873,
rhe payment will be made NJ tho Office 10
Now York, May 10, aud transfer books will
lose May |,
Morgana Louisiana & ToEas,-A contract
las been let u Rogers y BallAnlyne, Of Now
)rIepns, 10 build branch Of this ruhd from
milinnyillo. In, tho junction with the
Louisiana Western, nor.hward 70 Opelousas,
distance Of tweny-one miles, Work IL 10
% begun nj onoo.
Louisville ~ Nashyille,-Ths company
| vii put on fat train 70 make the run from
' Cincinnati 10 Chattanooga IN fourteen hours,
| hu present time by this route being eighteen
| lours. The distance Is four hundred and
|ory,six miles, or about one hundred and
an miles longer than by tho Cincinnati
|5oulhern.
Mr.. Jay Goull's friends believe that no
|yill control the Western Union telegraph
within nine months and that he Is even now
ne Of the very largest Stockholders, II Is
| laid that this fill Mr. Goold will very prob
| bis bring the American Union and Western
mon together with united capital OF $780,
| 400 900,
~ Louis & San Francisco The Kansas
X Mol ~ gafnYlntaN "a IautIfuAuI
Kansas, 20 miles westward from SoyorN aud
miles from the point reached NJ the close
{ the year. This section Just finished in
| lulos some heavy WORK through the Flint
Ills, but the remaining section of a. miles
- Wichita is light work aud can be built
| cry fast Beaumont Is l12 miles from tho
pam inc ut Pierce City.
New Orleans Pacific "A dispatch from
Vow Orleans says this unfinished road has
cen sold H. n syndicate including Jay Gould
| nd Thomas A. Scott, who will NJ once pro-
eed to complete the road from New Orleans
o Marshall, Texas. A new company will be
|Drmed and the creditors have agreed 10 nc
| opt its bonds for their claims against the
rlperty, rating the bonds Mt par and their
aims ut 90 cents on the dollar.
| The Pennsylvania Railroad company ems
Icy about fifteen thousand men; the New
| ork Central about the same; the Chicago "
northwestern railroad, Chicago, Rock Island
| Pacific railroad, Chicago " Alton, Grand
| trunk, Baltimore Il Ohio and Lake Shore ~
ichigun Southern railroads about ten or
|yelve thousand each, and some idea may be
,rmed when we add that there ate eighteen
hundred railroads in tho United States and
|ahada.
Marshall, Texas, April 22,-Genoral SUI
|orintcndent Noble, of the Texas y Pacific,
| # this city for New Orleans to-day to assist
acceerating the early completion of tho
ew Orleans Il Pacific road from the Cres-
|Int CITY to ntersect the Texas 81 Pacific ut
| lis point The road is already completed
| Early to OpelousSs, Louisiana, and the de-
rmnaton seems TO be to push it through
| Marshal and Shreveport within the next
ghteen months.
| The earnings of the Denver & Rio Grande
| ilway from April to April II, 1880, were
$4,000. For the month of March the earn
gs Of the Little Rock II Fort Smith road
low an Increase of 1884, and the land sales
r the first ell ven days in April show an in
ease of $1,000 over the same period last
bar. The decrease in land sales of the Atch-
|on. Topeka Il Santa Fe for the first week
April, 1880, WAS Si,093, rs compared with
c same period last year.
Kansas City, Burlington & Santa Fe.-
| nder the arrangement with the New York,
ew England " Western Investment COM
|,ny this company is to issue mortgage bonds
| the rate of $4,000 per mile to bear per
| mt. interest. Enough of these are to be
ken at once to extend the road this year
|om Burlington, Kansas, to Wichita, and
|om Ottawa to Kansas City or Leavenworth.
n extension from Wichita by the most
rect line to Santa Feis projected. Surveys
tAe new lines are to be begun at once.
| The gross earnings of the following-named
lroads for the periods indicated have been
ported
NEW YORK & NEw ENGLAND.
pnn of March s is1o 7s7 $751; 49, $50 l"'i
AroHlsoN, TorsKA & SANTA Fg.
1879 1850. Inc.
rst week in APPS l3o,45a $4,000 $ l5Ml
LITTLE ROCK Il FORT SMITH.
bril- to April IL. .$6,97a sIo,.6j si,2oi
New Orleans IL Northeastern.-This com
| ny vas chartered in Louisiana and Missis
|bpi some ten years ago to build railroad |
ban New Orleans by way of Sulphur !
brings, Boguech,tto and Pearl River to
|sridian. Miss, about lS5 miles. Nothing
|ls done ut the time but to make surveys of
l. line An effort is now being made to re-
,e the project, and w. II. Hardy, Of Mer-
| ian, who claims to represent parties of
|uudant financial ability, offers to build the
|ad, provided the charter is transferred TO
|m.
Prices of Rails Business has been more
tive and sales of 10000 tons are reported
ices are lower however, and quotations are
5 per ton at mil, and same price at tide
h foreign rails. Iron rails are also lower,
d are quoted st S5sCaSGO per ton at mill.
lsiness is dull just now, ana it is thought
bat buyers are holding of for II further de-
ne. Old rails are very d Il, with few sales
|ported, and prices nominal AZ $3.50 S3I
/ ton. Railroad spikes are also lower,
|ttsburgh quotations being AGA cents per
| und. Spice-bars are quoted at 3l@34
| hts per pound, also in Pittsburgh.
|y iclxsburg, Shreveport & Pacifie.-Pfo-
| sails will be received by this company I'M
June 5, for the work on the extension of
b road from COttonport, on the west bank
| the Ouachita, opposite Monroe, Louisiana,
|, st to Arcadia, forty.seven miles. BIDS
| Il be received for the entire work, or sepa-
| ely for clearing and earth-work 10 sections
| five, ten or fifteen miles; for bridging and
5. Maps and profes. with specifications