The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-18

| Il UNA, Arizona territory, Tor Tucson on
the lth inst. He goes for the purpose of
examining the route Of the new railroad
nom Tucson TO the Gulf of California, via
Carbabi and Meyers district, projected by
Governor F. A. Tritle and others. If he
| approves this route the Yuma and Port lsa-
Del route may be abandoned The latter,
however, is the shorter of the two.
The general manager of the Northern
Pacific road has adopted means for securing
better men on his line of road. He directs
the heads OF the departments to appoint
only men who are efficient, honest and ca
pable, and who have proven themselves
such
IL Is stated that proposition has been
made by the foreign stockholders of the
Denver Il Rio Grande railroad company TO
suspend the payment of any dividends by
the company until the road is finished,
when Will be in about six months. The
parties making this proposition represent
about ninety thousand shares, and they are
strongly opposed to selling any more of the
bonds OF the road at present prices. This
proposition will be voted upon at meeting
OF the stockholders to be held in March. So
fur nothing has been decided upon.
| n representative of the New York, Chi
cago d st. Louis railroad company to-day
| filed with the recorder of each county
through which the road passes, mortgage
of SIh O0O ODO Tho Contrnl tr,st ,n,,, 90, -
| of New York Is tbe mortcnv.n Tbn honds
are payable December |, 1921, with interest
at per cent, principal and interest pay
able in gold coin. BY the
hlnS, OF this mortgage the
Louis COMPANY il recorded All tie more,
that has been reonired to secnrr Tho ri,bt.
of-way grade nnd bniId tbe rnad nv, to- do
nrasent time hns h.nn f,rrisLa1 M, ~
stockholders the owners nf ,hs road M
proceeds of This frst mortc,ae,n are tr ha nv,
piled TO procuring 6rtbcr torn,;rol f,c;ii.
ties building denots ord Gtrnishir,, No
road with the necessary enninmert
The New York Indicator thinle u,o G,-
ture of our railways NAV sofelv he indred
from their nrogross in tLo nast 81 osS Il, an
than twenty Years MO- many of onr best
dividend roads of the nresnnf time " sovs
the Indicator "were strugglinc to rnrei
fixed CHARGES from meoger easrincs Ia
rived from resources M olimited ds,,olnn,
ment. Now nj Greatly ,ad,,cnh rotos ri
charge throuph thr imnetus civen ~ tr,d,
by the facilities thrv otInrd thev nect Will
promptness nil interest chorqes ond INV
good tnterest 70 their shornh6lders haSi6n,
improying from wear IN wear their road,yov
plant and mnchinerv Tho h;.tor,, q
these roads il hcing cnnstomtlv rsnc',tod
hul
there ARE now heinz devoloned many roads
of which Illinois Central ChicogS Roe;
Island 4 Pacific. cleveland e. Pittshurr
Morris ,C Esspv rerre uonta C. Indionnn0
lis Lake shore Hoston 4, Nlhanv nn,
Others of this tlass are prototvpes rhes,
: road. whom Grst oncnod to Tnsi,oss no,n
trolled hmt i;nitnT tra',jc tor tho roa No,,
that thc sections of comntry tbron@h Which
thew resnectivelv nossnJ wore cnmnarn
lively new The ncricnltnral resanrcc,
were in embrvn The mineral denosits mn
dereloped monnfactnnn NOT thonsht ~
popnlation snarse md towns unf"nndeG
The construction of these roads cave n,
imnetus TO arriculurql, mining mon,l
featuring. and trade DEVELOPMENT that !,
still progressing and still far from n
fullest attainment The stocks and securi
ties of these roads Ms a rule. have eyneri
eneed the yic,ssitudes and changes incidcn
( to new country. There ARE now holder
of many of these securities whose owner
2 slim datps hocl, loss than twenty vpors v-h,
have had the satisfaction Of Sceing tbei