The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-06-17
United STATES RAINwAYs.
Record of New Railroad Construction
Price OF Rails new and Old Pro-
jects. Binding and Progress
The Express Company Fight.

The Express company right.
Port Royal ~ Augusta.-This company
announces that il has earned and will pay oil
July LIST II dividend or partial interest pay
ment of II per cent. on the income bonds.
Kansas City, Fort Scott S Gulf-Tht
contracts for building the Rich Hill Branch
from Pleasonton, Kan, TO the Rich Hill con
fields in Bates county, has been let to j, ii
Beeson & Co., of Beloit, Kan. The distance
is % miles, and the grading is to be done by
July 10.
Iron Mountain & Helena.-The contract
for completing this road to Forrest
City, the crossing Of the Memphis 4
Little Rock road has been let to Jacks 4
Co., of Helena, Ark, and Edward l..
Thomas, of Ind annapolis. The work is to be
done by Sept. 10. The indianapolis rolling.
mill is 10 furnish the rail and fastenings.
Little Rock, Mississippi River & Texas -
A suit brought by the Little Rock & Napo-
leon company to stop this company from
proceeding with work on its extension from
Pine Bluff, Ark, TO Little Rock, has been de-
cidea in favor Of this company. The Little
Rock II Napoleon is perpetually enioined
from further interference. Work is now well
advanced on the extension.
Jacksonville Southeastern.-Thi compa.
ny received proposals until June 10 for grad
ing, clearing and grubbing the line for an
extension Of its road from Warden, H.. its
present eastern terminus, southwark about
20 miles to Litchfeld, where the Decatur.St.
Louis line of the Wabash crosses the Indian
apolis Il st Louis. The office of the compa.
ny is Jacksonville, ILL.,, and William S. Hook
is president
Jackson & Nashville.-This company has
fled the articles of Incorporation at Nash
vile, Tenn The incorporators are James
Fentress, L. 7. Brien, IL. W. Clarke John G.
Maun and Howell Il. jackson. The road has
been talked about good deal for some time;
il is to run from Nashville, Tenn, west by
south to Jackson, the crossing of the Mobile
IL Ohio and the Chicago, st. Louis & New
Orleans roads. The distance is about 1875
miles.
Securities on the New York Stock Ex-
change.-The following securities have been
placed on the lists of the New York Stock
Exchange; Chicago, Rock Island Il Pacific
as consolidated stock, S4l,000,000. This
takes the place of the old stock, one share OF
old stock to be good delivery for two shares
of new until July Sd. Cincinnati, IndIanapo-
lis, st. Louis Il Chicago, stock SI000,000,
and first consolidated bonds, 81 600 900. The
bonds are part Of total authorized issue of
S7,500,000 Danbury d Norwark, stock,
100000. st. Louis Il San Francisco new
frst-mortgage sinking fund equipment bonds,
S1,000,0O0, Texas Il Pacific, trusted stock,
SG,l73, 400, represented by stock-trust GER
tifcates also tirst-mortgage bonds on the FL
Paso extension, $1,000 900 out of total of
Sl5 100,0 600 authorized.
This weeks number of the Railroad
Gazette contains information of the laying of
track on new railroads MS follows: Quincy,
Mo, five miles. Flint e. Pcre Marquette
The Round Lake branch is ompeted from
Butler junction, Mich, north to Webber,
four miles. Chicago, Milwaukee ~ St. Paul.
The Iowa Il DakotNh division is extended
from james river, Oak, west to Mitchell,
fourteen miles. Springfield ~ Western Mis-
souri.-Extended from Ashgrove, No., west
by north to Greenfield, seventeen miles
Baltimore Il Cumberland Y Alloy.-Extended
from the Maryland line norhward to
Wavnesboro, Pr, five and and one-halt
miles. Texas & Pacifc.-Extended west to
Weatherford, Texas, nine miles. West
Jersey Il Atlantic-Extended from Mays
Landing, n. j., eastward 10 Atlantic City,
seventeen miles, completing the road. This
is total of 0l miles ofnew railroad, making
1880 miles thus far this year, against G6l
miles reported Mt the same time in 1879, AIS
miles in 1873, $40 miles in 1877, CPS miles in
1876. 293 miles in 1875, 537 miles in 1874,
and !. lSl miles in 1873.
The average yearly prices ut which iron
rails have been sold in this country during
the past nine years are given below, the quo
tati6ns being for best iron rails at Philadel-
min nor ctrnss tom.