The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-10-23

the four. The average rate Of speed
made on the four railways ofthese countries
would form a valuable addition to the
above statistics.
Here is some information that will be Of
interest to our readers The length Of the
Texas & Pacific railroad ON January /, lSS2,
will be l 80 miles, extending from New
Orleans va Shreveport to FL PasO, from
Fort Worth via Sherman to Texarksna, and
from Marshall TO Texarkana. The end of
the track is now las miles from FL Paso and
VIII connect with the Southern Pacific,
which is now building southwark, by the
later past of November. From Shreveport
r"gr ar trains VII commence running on
the New Orleans Pacific October 20, and
communication with New Orleans and the
gulf will soon be afforded the rich sugar and
cotton plantations through which that road
passes. The issue Of stock on the whole
system when completed will be about So
900 per mile. The bonded Indebtedness of
the New 0.leans Pacific is represented
| by per cent. 40 year bonds issued at the
rate 0f$20,0,) per mile--a first and only
lien ON the road and equipment and on the
| land grant of The company consisting OF l.
| G0t N aces Of valuable land. The first
mortgage or construction bonds of the Tex
rs N Pacific ailway company are issued at
the Ia of S25,WJ per mile, bearing 6por
CEN, having = years to run, except those
on the RIO Giande division, which rave 50
years 10 run The bonds of this latter d.
vision are also first lien on the lands ac-
CURED in building this division. The in
come bOndsofthe company are first lien on
lands acquired by building the rO5i east of
| For, Worth and also third mort, ige on
road caSt Of l'oit Worth, issued at the rate
| Of Sl1 900 ne mile, limited 20 total Issue
of S,50S,COO. The land grant amounts to
$500, 4 NJ ac 'es, most of it located west of
Fort Worth.
The name Of c. p. Huntington in the d.
rectory of tie Western Union gives rise 10
the ramon that Gould and Huntington
Lave settled their difficulties relating to the
Pacific road, and that thew are be
onerated in harmony. If TINS be so, and
Mr., Hunting on builds a DAD down The
north side the Ohio to Louisville from
Cincinnati, Jay Gould may meet him here
by purchasing The st. Louis Air line.
Strangers things have happened. Referring
to This combination the New York lndica-
tor says THE striking of hands by these
two railway magna,es is significant of an
extension Of The Wabash system to a con.
nection with The Central Pacific at the east
ern terminus of is proposed new line fom
O.den eastward. This leaves the Union
| ''Ns'N 'AN'i'bN on iiutpthuClb NtSl-
ern connection, except its newly ex-
,ended line into Oregon. What Of
feet This NAV have upon the con.
tinuatiOn Of the Southern Pacific eastward
in. ougn Texas to New Orleans, and the
construction of the Huntington roads from
Memoirs, where they join the Chesapeake
A,OhI0 sys,eT, to the southwest, and
connection o. he Southern Pacific in Texas
is not stated, hut it is believed that work on
lhc Southern Pacific extension eastward
ON FL pa.O viii not be pushed al present
not wholly abandoned. The Texas Pa
etc is 20 ", dressed forward 20 ~ Paso
wnerc junction with the Soutke,n Pacific
v \ be aiec,ed. The Missouri Kansas &
Tie. Is the Iron Mountain aud Lille Rock
N For Smi,h roads, all leased aud control
sC Ot tn Nilsson. Pacific, come iu.o coai-
10 op AL 70" n connective Ii Ks aewcCn
go noU..o / and Texas Paoiic loads %
the southwest, with the Wabash and Ches-
apeale ~ Ohio systems in the east. The
New Q leans Pacific, now under iapid con.
st,pcyion, is to be pushed 60 an ea!ly COM
plcion. Thus vii be formed a tran. CONT
nen,Il me ..om San Franci~co via SOUTH
California, Arizona, New Mexico and
Texas to New Orleans and the Atlantic
coast,