The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-08
RAILROAD NEWS

lance IN connection with the st. Louis Il
oan Francisco road will soon be made
public. ''''''''
Hallway rumors are to the effect that the
baltimore 4 Ohio, Jersey Central, and Err
LANCER roads will combine to form n trunk
line from New York to New Orleans.
1t is reported that the Crow Indians of
Montana long at peace will cake war in
the spring against intruders who, in the
name OF the Northern Pacific railroad. are
oyerrunning their reservation with n view
of settling there.
Manager Fink, Of the Mexican Central
writes that 1856 miles of the line north from
Inc CITY OF Mexico were completed upon
the Nst OF January. On the Tampico line,
work has begun about eight or nine miles
up, the river from the coast, at Tamos.
| fllty miles OF rails are on hand i6r this di.
vlSloiii ana ~ laborers from the south
/ We're shipped there from New Orleans or
January Is, The company will send l0O0
men from the southern states TO Tamnico
The Helena Independent SAYS that on tho
| western division of the Northern Pacific
irelght trains run TO within mile of Pen
| q orellle lake. There are 500 white men
! az work there and twice as many Chinese
common laborcrs receive $3.50 per day. the
Cinnamon half as much. The neiehbor.
hood oil the lake is solitude; there are no
1 scltlerS ana no Indians.
Negotiations between the Union Pacific
ana racine Mail companies, looking TO the
eAccutloh OF new contract in place of
the one recently abrogated, have been
gong ON Tor some time, and il has been
hnally agreed that contract shall he mnde
IN all respects like the old one, eIcept that
the Pacific Mail company is to receive sos.
Wy per month instead of 10000, and that
all the Pacific roads are to share in the nav
ment of it, 'o p"'
The managers ofthe Santa Fe road have
TAKEN fresh courage in regard TO the com
pletion OF the Atlantic & Pacific, and have
resumed the sale of rights. A Topeks iour-
il''l Insists that the Santa Fe COMPANY
must nave n terminus on the Pacific coast
even II u he compelled to build an indie
pendent Inc from Pueblo to San Francisco.
vanderbilt and Gould houses are alike
bullish on Union Pacific. Important rnno.
tiatlons between the Union Pacific and
central Pacific are pending, and il would
i hot ne surprising II closer relations between
the TWO companies came into existence
during the next thirty days
;, Negotiations are pending between the
Union and Central Pacific railroad CON-
panles. calculated to bring those corporn.
tlons INTO closer relations and more com
plete harmony; These negotiations NAV
result IN consolidation or in permanent
agreement IN either case harmony of
actloh ana profitable business will ensue.
Important developments are likely to
take place soon in Western Union Il 10
too early to speak positively of what il IA
be done, but insiders who know are steady
buyers OF the stock Tor rise of at least ten
points. wa
steps are being taken for closer business
relations between the Vanderbilt roads east
OF Chicago and the Northwestern system
There is n similar drift of interest between
theer'ennsylyania. & st. Paul companies.
=, Inc report having gained circulation that
lhe racine Mail company and Overland Pa
enc roads, embracing the Union, Central
Southern, and Texas Pacific, aud Atchison,
Topeka Santa Fe, had cone TO an AMIGA
BILE understanding, and the pap.rs had hsen
signed, President Houston, of the Pacific
Mail, was interviewed, and fatty denied
thaI there was any truth in the report.
Ihere is good authority for the state
iheht that the vigorous measures mt Wash.
ihston 10 secure the cancellation of rail.
ROAD land grants are due to the Southern
facihc interest, which seeks TO prevent ths
extension of the Atlantic & Pacific roai ia
san francisco. A formal proposition was
recently made that the new enterprise
should halt at the Colorado river, but il
Jailed OF success, II is understood that Mr..
Huntington will this week make anether
attempt to compromise the issue,
The acquisition by Mr.. Gould of the con.
troll OF the ST. Louis & San Francisco rail.
way company has resulted in a serious
depression OF its stocks. Fer day or two
they rose IN price upon the idea that the
transfer oil interest would benefit them, but
further reflection seems to have convinced
holders that Mr., Gould is more likely 10
manage the 81. Louis Il San Francisco road
Tor the profit OF his other southwestern
properties than to do the reverse, and that
the net earnings of The road will henceforth
De more likely TO diminish than to in.
crease. '
The following important circular WAS 10.
sued late this afternoon from the oflic. ol
tho Atchison, Topeka & Santa Fe railroad
company:
To the stockholders OF the COMPANY;
Owing. to changes going on in the owner.
snip OF the stock Of the st. Louis & San
Francisco railway company, a suspension
oil the sale OF rights under the circular
OF TINS company, dated January ~.
Use WAS requested until the effect of these
changes could be known. Your directors
now AFTER mature consideration, are unani.
mously OF the opinion that no further delay
rs necessary, and that the substitution mud
the dealing in rights under the circnlar
should 20 on. They are also OF the opinion
that II Is important for the interests of this !
company that the amount called for by the
circular should be provided in full. Your
directors will Individually subscribe for Inc
tull amount each is entitled TO-.
The Atchison directors see no reason why |
the purchase of share interest In lie |
Frisco road by Mcssrs. Gould and Hunt. |
ton should affect the Atlantic & Pacific |
which Is an independent corporation, sun |
ject only TO the votes of It's directors nnd
the decisions of the trustees of the compnny |
Says the Transcript. ''
We said u few days ago that the Airbison |
was master of the situation, and We have
yet to find any one familiar with ali Tho |
facts VIII will not say that the Atchison
company holds the only key to the Atlanta
& Pacific road. We believe that the Atchison
stockholders will support their directors
Already u hundred thousand shnrp.rl,hts
upon SlO,OWOD of Atchison stuck 6aye
been taken.
fRriGHrs.
On cotton, from Dallas, are AZ follows,
Fer 100 Pounds Per iO1 ponnds
81 Louis .......s ~ New YORK. ~ II "A
i0ston ....,..s"., l ~ New Orleans........ n
houston .t.s 40 Galveston .. n
On local, froighis are as follows. second
class
Per 100 Pounds For Ion pound,