The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-09-29
STOCKS.
ExroRrs
RAILROAD ITEMS.

Exports are being made in St Louis 10 secure
the building Of railroad from that Clty north
west into Dakota to connect with the Northern
1t is said that the gap between the sonora Lin.
tied railroad and the Benson railroad, Mexico.
Is thirty miles, Connection will be made about
october 10Th.
The United States railway mail service iS
being reOrganized. Hereafter the 5000 mail
men ON the railways will be designated as rail.
way postal clerks, with salaries ranging from
S529 to 81 400 per annum
\ company has been organized. under the
name of the Prescott y Thirty nth Parallel rail.
road, TO build road from Prescott Ar Ona, to
u point on the line Of the Atlantic a Pacific
road, and work has already begun.
Recently train of Il hundred cars of tea IN
four sections, passed over the lIannbal ~ 81
Joseph and thence east via the Wabash. This
Il supposed TO show what Gould is at present
doing with his recent purchase 1t Ia claimed
that he was unable TO compete with the bur.
| liugton road when freight was 10 be carried
from the west 10 Chicago or New York IL was
too long Il dctour to send freight from Kansas
City around by Moherly OF st Louis. and the
Burlington road could reach Chicago from eight
to ten hours In advance. Now through freight
goes direct from Kansas City over the Hannibal
x St Joseph and the Wabash TO Chicago or New
York, as the case may be
The announcement from New York that the
Burlington people had secured controlling I'm.
tereSt in the Denver ~ Rio Grande stock Will, Il
. II
blow NJ the Union p0CiiiC's interests in COlun
do, There are now five outlets east for Colorado
| traffic The Union Pacific with It's Kansas Pa.
einc line from Kansas City to Denver and its
IuleSburg cut-on, the Atchison, Topeka 4 Santa.
Fc, and the new line of the Burlington, all en-.
ter Colorado and are fCdhy the Denver 4 Rio
Gtandc, This road covers all the principal
cites of the state, and has heretofore been fair
ly impartial In the disposition of through freight
10 the east IL the burlington has secured con
troll of the Denver road II will, OF course turn
over It's through business 10 the BURLINGTON and
there would be little use for the Kansas Pacific
branch Of the Union Pacific. The Topeka road
would also be smut ont but u could depend on
its southwestern business
An exchange observes that the rapidly with
which railways are being constructed In the di(
farcnt Central American republics, with the oh.
ieCt OF bringing the intc''Nr Nv closo connection
with the coast proves th., enterprise IS working
4 beneficial influence throughout the five states
and that the long and tedious mule transit viii
soou be q thing Of the past only n few weeks
past the limo from Acalutla TO S-unsonate, in sal.
Nddor was opened, aud efforts Hro being made
20 extend IL as far as Santa Anna Now "a limo
has been commenced through one Of the moSt
llouriShing districts Of Guatemala. and from tho
capital having already been subscribed aud the
experience OF those engaged in the work, Them
Y, every reason 70 believe the line viii be I'm.
tshcd long within contract time and that il will
bring portion, ut least, VI the next crop To the
coast for shipment
Inc. evNNNNu NnuNAl report OF the railroad
commissioners OF Missouri has lust been pub
ltshed. ltStatcs that seventeen new companies
have been organized diving lssl Tho most
| important OF these are the Kansas City, spring.
| field y Memphis road, from Springfield Mis-.
souri, to point opposite Memphis, Tennessee
| the Ozark Iron Mountain railway 10 run FROM
| the 81. Louis, Iron Mountain X southern In
Washington or ST. Francois county, IN south.
westerly direction through Iron, shannon, Dent
aud Texas counties 10 an intersection with the
| Kansas City, springfield ( Memphis fond I'm
| Texas county, the Chester Iron Mountain &
| Western railroad from Chester 10 Salem, Tho
| Salem & Little Rock railroad from Salem ,n tho
south boundary OF tho state, and the Hannibal
| y southwestern railroad nom Hannibal 10
| brownsville, IN saline county, and to the west.
| Crn boundary OF the state The largest number
/ OF mllcS VI road built IN any year was $50 miles
/ built IN ISL. Tho following statement shows
the capital stock and deb, ON the l,u17 miles o.
| road In the state;
Amount of stock reported &, ...a...s ig.lSl. fOC
/ An average per milo of road OF nearly G0oOl
/ Total funded debt on SAINT. .......... it2CG5 5QO
/ Average per mill nearly ..-....... |sSOOl
/ Total stock and Bond liabilities ..... eci
/ Average per milo nearly ....,.....ta GlONl
| The number OF companies operating railroads
In the state " twenty-five, hut over q5 per cent
of the whole number Of miles of road I'm The
state OF Missouri Is controlled by ten companies,
and oyer 10 per cent. by three companies. With
regard TO inorc than one.half OF the railroad
mileage Of the state the commissioners say there
Is no competition. Atst Joseph there are three
Interests nj Hannibal four Moherv one aud
sedslia ona There are seven hundred freight