The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1881-10-08
A Colossal system of Railways.

like circumstances. -Erchdnge.
--ssS---
A Colossal SYSTEM of Railways.
In view of the general notion that Jay Gould
owns most of the railroads IN the southwest
ana especially in Texas it may be well to state.
SAYS an exchange, for the information OF per
sons interested IN railway progress, that there
Is another combustion which owns 6,SOO
miles of completed roads, and marks out
system comprising 10000 miles OF track and
costing S4S0,000000. The system with its far
reaching qualifications, hinges around the Chi
cago, Burlington & Quincy railroad. This
system, embracing as it does, score OF dis
tinct organizations, but all controlled by Bos-
ton capitalists extends clear down to the Tex
as border, and even on to the City of Mexico
IN TEXAS
work is progressing on this system under the
local designation of the Chicago, Texas "
Mexican Central, beginning at Dallas. Cars
will probably be running to Alvaredo by Sept
10. In Mexico cars are running from the City
OF Mexico to lula, fifty miles, and work is pro-
crossing between Tula and Queretaro at the
rate of two kilometers about mile) per day.
Cars are also running from Guaymas, IN Son0
ia, on the Pacific coast, nearly to Hermosillo,
which is eghtysIx miles north of Guaymas
Jug 10 hlsO III piOEiNoo i'''' ~ = 'NSo
toward the south, and engineers are locating
the line from Tampico to the Pacific. The
rails are also going down from Fayetteville,
Ark, toward Fort Smith, and from Navajo
Springs, Arizona, toward san Francisco. 1t
is stated quite positively in San Francisco that
the South Pacific Coast railroad which runs
from San Francisco to Santa Cruz, 80 miles,
has been purchased in the interest OF the At
lantc & Pacific. This will secure a terminus
in San Francisco. A narrow.Cuag road run
ming from Celoyo to lrapuato, in Mexico, 37l12
miles long has been bought, and the guage
Will be changed and the road made part OF the
man line between Mexico and Leon. The
Paris & Great Northern company, organized
to build from Paris, Texas, to the Red river, 80
miles, is probably a link in this combination,
A second transcontinental line Is indicated by
the arrangements already made to fill the gaps
from Tndianola, Neb by way OF Denver, Col,
10 Silt Lake or Ogden. The no,;hernmost
tcnacle of this iron polypus Is at Chicago, and
the sou,hernmost at the City of Mexico, and
the westernmost at the Golden Gate OF the Pa
|clfc.
MILEAGE OF THE BOSTON COMBINATION.
Shreveport, La to Fort Smith. Ark go
Fayettevie Ark via Fort smith to the Rfd o
Rio Grande river southwest to Junction with Inc oso
FaVstteViic Ark TO ST. Louis. Mo NEUTRALITY-SUSPICIOUS.. S5i
ST. Louis and San Francisco lines of Plymouth, o,s
Eureka Springs branch Is
Achson, Kan, Via La Junta, Trinidad and Albu' ,-s
BraHe&ss ID Kansas and Colorado ' g
iseta, r. NJ to Navajo Springs, Arizona. zig
KnTain s M NJ t6 10 san $50
Benson. Arizona, 10 Guaymas, Mexico 9
From me cuff Of Mexico al Tainpicc via San Luis to
the Pacific ..'''.''''..'''''''''' wv
Total mileage south of Atchison Kan, aud St Louis
CHICAGO burlington 4 Quincy system north Of ST.
Louis and Atchis7n between Chicago, ILL., ana ihd ooo
I "io., 40 f enyer $50
denver TO salt Lake or to Ogden Utah oOo
Total mileage Of BOSTON combination. 9ss
To this total may possibly be added eventu-
ally 900 miles from Salt Lake to san Francis:
CO. and numerous extensions in Nebraska ana
Iowa, which will perhaps bring the aggregate
up to 10000 miles There has been some ru.
NOR of the Central Pacific using the Burling-
ton road as It's eastern outlet, If it breaks with
the Union Pacific; and 1t is possible that the
Bostoners may use the Central west OF Ogden,
as 1t Is likely that they will use tue line OF the
same company from Deming, N. NJ, to Ben
son, Arizona, as part of their Sonora branch
There have also been rumors of combination
between the Burlington and the PalmerSulli
van combination to build road Jointly to San
Francisco; but as the Denver & Rio Grandc Is
narrow.g uage, and the Boston road Is standard
guage, perhaps this rumOr is without founda
| ton.
| THE MONEY OF THE BOSTON COMBINATION.
According to the general balance-sheet OF
the Burlington and Quincy combination at the
close of the year 1880, the various stocks ag
gregated $54, 1856, and the bonds $44 ,O93,
925. The road operated 2,722 miles, and the
average WAS S35. 500. About $50 miles have
been acquired since.
The general balance sheet of the Atchison
Topeka & Santa Fe, at the close of the year
showed 1539 miles operated, S2l ,S9l 600 stock
and $15,S72 600 bonds. Average, SEQ 800. NJ
doubt this Is too low.
The st. Louis & San Francisco operated
Dec 81, 1880, ego miles The stock authorized
Is 100000 900, Of which one-half will belong
to the Atchison, Topeka IL Santa Fe. The
stock out seems to be about S25,OOO,OOO
and the bonds S17,S9S 432, IN June 1881. Thu
Atlantic & Pacific stock held equally by the 81
Louis & San Francisco and the Atchison, To
peka IL and Santa Fe companies, is Sl0,550
! 100, if the shares are 500 each. The consOli
dated mortgage of the st. LOUIS 81 San Fran
cisco Is $35 ,000, 900; how much is issued is no
known. The first mortgage on the Atlantic
Pacific from Isleta to San Francisco Is 600
600. Doubtless this means about S37,0 pc
mile, which is probably too low an estimate
of the total cost.
For the Mexican Central the first mOrtgag
is $32 900 per mile, and the amount issued III
to July 25 seems to be $ll 100000, beside
S2,OOOOOO income bonds. From Mexico t
Leon, 262 miles, the Mexican subsidy Is Sl5
200 per mile and in Sonora the subsidy is $l1
900 The road IN Mexico will doubtless cos
SAC, 900 mile besides the subsidy.
Estimating the entire 10000 miles at $40
a mile the total cost will be $4SO0O0 0OO.-