The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-11-27
RAILROAD FACTS AND RuMoRs.

Return of S. j. Adams from the East
Gould, the Money Market. and the Dallas
y Wichita--Report That Dallas is to Have
the sherman Shops-other Interesting
Railroad On Dts.
Captain S. J. A dams has returned TO Dali
las, after visit Of two months in Boston,
New York, and other Eastern cities. Whilst
his improved appearance indicates "fair
keeping and serene mind, he has by no
means been inactive during his absence for
so Tonga time. He reports money as dear
in the grand centre owing to the immense
amounts drained therefrom for the ur-
pose ofhandling the grain crop, as well as
building railroads.&c. the southwest prin-
cipally. As an illustration of the severity
of the pressure, he mentions the fact, that
whilst in Boston, two reputable banks were
closed-one permanently whilst the other
only remained an hour in coma state, when
1t revived and proceeded to engage in the
dishing out business in a very lively man
ner. Such an occurrence as bank fail
ureS IN Boston are exceptional, and
indicative of decided stringency.
The pressure, he is confident
will be relieved in January when the gold
tide will reCede.
The most important object of the Cap
tain's trip was to get possession of the
Henderson and Graves interest in the Dial
las n Wichita Railroad for the purpose of
transferring it to Jay Gould This was
completed officially and the benefits to be
derived will soon be developed and appre-
ciated by Dallas, He met Jay Gould sew
eral times and had quite interesting inter
views with him-tinds him quite accessible
and agreeable, and by no means inimcal
TO our interests. This will certainly be one
of the most important termini of the Mis-
souri, Pacific.
Mr. Dodge is now in Texas or New Or
leans, seeing about the New Orleans con-
perfection. Mr.. Hays told the Captain
that the board had met IN regular
session and officially ordered the survey
and building of the East Line Road from
Farmersville by Rockwell to Dallas This
confirms the rumor already atioat and
makes Dallas the terminus of this i'm
portant line.
There was snow in light quantities all the
way from New York to st. Louis.
The rumor, pretty well authenticated,
has leaked out that the shops of the Texas
& Pacitic-the Transcontinental portion
are to be established soon in Dallas.
1t is also stated and believed
that the Fort Worth & Denver road will be
prosecuted no further than to make the
work at present completed tributary to the
main branch from Dallas to Denver-the
Dallas d Wichita being component part
of what is TO be the Dallas & Denver road.
1t is also understood that about January
l, 1852, the NJ. X. & T. will have its termi-
nus at Dallas, and through trains be run
between this place and st. Louis by the
newly-acquired route of the Dallas Il Wichi-
ia, and short train be run south from
Denson via Fort Worth and Waco, to con-
meet with the International at Taylor.
Dallas, by these changes, is to be the south
ern terminus of the NJ. X. e 7. and the
central point of the Gould sy stem in North
Texas.
As all the good prophecies about Dallas
are being more than realized we have nc
doubt whatever of the truth of the above
more-than-rumors.
A corps of surveyors were put in the field
yesterday morning, at Denton, to survey
a railroad line from Denton to Decatur
called the Denton L Western.