The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-23
RAILROAD ITEMS.


Twenty-third and Twenty fourth streets,
near Eighth avenue, New York, for ST..
10000
A large number of cross-ties for Mexican
and South American railroads are being
cut in Levy, Bradford, Clay and Alachee
counties, Florida.
Governor Crittenden, of Missouri, has ad-
vertised to sell the Hannibal & st. Joe road
in October AT the door of the courthouse
in 81. Louis, all efforts toward compromise
having failed.
The Simms Automatic Car COMPANY. of
Columbus Ohio, has made an assignment
to cover liabilities of $l50,000. The court
directed that the works be kept i'll opera
ton.
The new pay system of the Northern Pa
cilic-paying by checks instead OF in cash
works better this month. In Brainerd,
where the men had to pay 10 cents each last
month for having their checks cashed, the
bankers and merchants now take them at
par. .-
The reported large buying of Denver &
RIO Grande has been attributed to Gould,
and bias been in the interest of the Union
Pacific company, which company has, it is
said, through the efforts of its friends, Sc.
cured nearly or quite sufficient stock to cor
troll the Denver & Rio Grande election.
Sonora advices state that the railroad
track is laid to within fifty miles of Magda-
Jena, and the graders are within thirty-fiye
miles. Manager Robinson expects the road
to be constructed to the line by October
| LIST.
The piers for the Northern Pacific railroad
bridge across Lewis Fork Tor Snake river,
near its mouth, will be eight in number
and will cost $4,000. The entire super.
structure will be Of the best quality of iron,
and constructed in the most substantial
manner. 1t will cost not far from $500, 900.
In the legislature of Massachusetts, the
committee on railroads reported resolve
authorizing the Eastern railway company
to issue S5,OO0,OO preferred stock, in order
to retire that amount of bonds. The debt
of the company is $4,000, 900, and this re-
solveis based on petition of I, c., Weeks,
q well-known broker of Boston,
The Sinoloa a. Durango Railroad Com
pany has completed its first four kilometres
of its road from Atlanta, on the Pacific
coast, and the government has accepted it.
| Two shiploads of steel rails and supplies
from Cardiff have recently arrived at At
lanta.
A portion of the additional $3.50, 600 voted
by Congress yesterday for trunk-line mail
facilities will be used in establishing fast
mail train between New York and Boston,
to leave each city at or about $3.50 p m, and
run through in five or five and half
hours. The train will carry no passengers,
and will reach each city in time for all con.
nections east and west
! The Michigan Central railroad passenger
department is booming, and o. w. Ruggles
is happy. Yesterday lifty-four carloads of
passengers left Detroit for western points.
Among this number were three special
trains, with 200 European immigrants
bound for the northwest. Several special
trains will bring into Chicago 500 Canadian
immigrants from the line of the Canada
southern road.
| The work on Yale Savon's branch OF the
Canada Pacific railway is progressing rap.
idly The total expenditure to the end Of
the years work was Sl,9O0,000 It's re-
ported a syndicate of California and eastern
capitalists is formed to build the railway
from Esquimalt to North Island, taking
lands as remuneration. The legislature
meets again Monday, when the bill will be
introduced relative to the construction.
A private Philadelphia dispatch says that
President Gowen, of the Reading railroad
company, promises to take the property
from the receivers hands this spring be-
fore he sails for Europe. The deferred
bonds will be issued to the subscribers at
once, or as soon as they can be obtained
from the printer; 10 per cent. having al.
ready been paid in for these securities, the
company will lave $1,000, 600 available cash
immediately, and Mr.. Gowen expects to
obtain sufficient additional amount OF
cash from other sources TO take the proper
ty out of the receivers hands.
Mr. g. Clinton Gardener, the general
manager Of the Mexican National railroad
who, has recently personally inspected the
whole of the proposed line of the National
road on its Pacific extension and to the Rio
Grande saws 10 miIpq arc nnw w onoro