San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1881-09-15


exandxia; but as IL is not likely TO % =.
built till next year, we have omitted It,
twill be seen, from the above ta'
lbles that about 2,400 miles Of Gonld's
lines are in Texas, and about $40 miles
in Louisiana. To this last will be add
cd the line from Alexandria, via Mon
roe, northward, completing the New Or.
leans and st. Louis Short Line, and
making Gould's mileage in Louisiana
48O or thereabout.
We have not included the Gould
Mexican lines in the tables above, for
the reason that no building is likely to
be done this year, although we believe
surveyors are in the field, and that we
do not know the distances, which in
deed cannot be determined correctly
till the surveys are completed. The
Mexican, Oriental, Interoceanic and In
ternational railroad, which the Gould
party controls, starts from Laredo, and
runs south, between longitude 20 and
% degrees west from Washington (also
speaking generally, east of the field
occupied by the Mexican National
(Palmer.Sullivan combination), which
latter again is east Of the field occupied
by the Mexican Central Boston or
Atchison combination). The road will
run to San Fernando and Santander,
with branches to San Luis Potosi and
to Matamoras and the bar of Jesus
Maria.
From Santander Jiminez the main
line runs to the City of Mexico by the
most convenient ascent to the table
lands, and may continue thence to
point on the Pacific coast. The capital
stock is $25,OOO,OOO, from which we
should hastily infer that system will
embrace at least 1900 miles Of road,
increasing the aggregate Gould mileage
to $4,000 miles of railroad.
II. GOULD'S MONEY.
TEXAS AND PACIFIC.
The authorized first mortgage bonds
of the New Orleans Pacific amount to
81, 100, 900, of which "a, 900, 900 are out
standing. The stock at $4,000 per
mile will amount to $6,2OO,00O. Total,
say $13, 100000.
The authorized capital of the Texas
and Pacific is $5O,OOO,O0O, Of which
$14, 814, 700 are outstanding.
The total bonds issue on main line
aggregates $2S; 435, $40. If we add say
81, 100000 for bonds to be issued on the
remaining part Of the road, we shall
have total of say $35, 100000 bonds,
which added to $4,000, 900 stock makes
a total of $5O!O00,OOO.
If we add for the Alexandria and
Arkansas connection for next year 49,
100000 bonds and $4,000, 900 stock, we
get total of $69, 100000 for the Texas
Pacific, on a total mileage Of 1885
miles, when all is built.
MISSOURI PACIFIC.
For this system our figures will not
be entirely satisfactory, in consequence
ofincomplete knowledge of its consolid-
ations. The International is merged
in the Missouri, Kansas and Texas, and
the Iron Mountain is merged in the
Missouri Pacific, and the Missouri Pa
ciic has leased the Missouri, Kansas
and Texas.
If we count the Missouri Pacific
stock at $30,OOO,OOO, it's consolidated
mortgage at $3O,OOO,0OO, the Iron
Mountain consolidated mortgage at
$32, 100000. the Missouri, Kansas and
Texas stock at $34, 900, 900, and its con-
solidated mortgage at $45, 100000, we
shall have guessed aggregate of $685.
100000 on 1852 miles of road, which is
no doubt under the truth. There are
listed at the New York Stock exchange
securities belonging to this system,
without doubt, amounting to $151, $780,
300. There are several branches not
and this enumeration is
much too low. One statement, collected
by the Stakeholder, we believe, makes
he aggregate over S179, 100000. If we
Jump it at $4,000 per mile on 1852
niles, We shall have total of $685.
10000. On the whole we shall feel I
afe if we set down the Missouri Pacific
% sl6O,OOO,OOO, which is, perhaps, I'M ,
Ter the trrth ,