The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-15
RAILROAD ITEMS

The capacity To build cars In this country has
increased 100 per cent, it is stated, in the last
eighteen months
The Iowa house defeated the bill torbIddinc
the issue of railway passes the vote being sixty,
five TO thirty-one.
The statement is made that Gould will receive
curities
The Atlanta Georgia. Constitution contains
the decision OF the attorney general that ihe
bond leSsees of the Western 4 Atlantic Railroad
is Illegal.
Mr.. Il, Chandler general passenger agent of
the Missouri Pacific road, announces the follow
ing new passenger rates 10 Laredo Texas: From
81 Lsms, sS2.25; Hannibal, SO rs; hoberly,
ton City s3l %; Cairo, s2g.2S Columbus, 500 u.
Memphis, S27 So '
The stockholders of the Texas Western narrow
gauge railroad have resolved to bond the road of
sl2VVo per mile. nom Houston TO Preside Del
Norte, distance of six hundred miles the hands
to bear per cent interest, and to be issued ON
the completion OF every ten miles, Fred Grant is
president and his brother Jesse, has been elect.
cd treasurer.
England is pretty well "sridironedr with rar-
ways, yet there are bills before parliament nj the
present time under which IL is proposed 10 raise
about SIN, 90 tOeO for the construction of new
lines ana about sls4 oOo, 600 for use by existing
companies, making total of silk, So 600 Much
OF the new capital sought IL on account of the
usual Observation-Disclosures lines, enlarge
ment of sections, building new ones, etc.
ihe ulteo'ors vi we Culaua Pacific Railway
company are negotiating for the purchase of thc
Southeastern railway and It's connections from
Montreal 10 Boston, 10 be made part OF the Can
edn Pacific through line to the seaboard for win
ter service.
III two months the Iron Mountain shovs =. Ia.
crease of slll,2i9 and the Mobile a. Ohio sl9i
626. In two months the Chicago Milwaukee 4
~. Paul gains sl,lSSi36 and the Chicago 4
Northwest sNSS 400.
The Gulf Colorado & sante Fe road purchased
another small railroad rs " louder,to their line
II is the Courtney Montgomery road. ~ miles
long, and IT. is 10 be extended TO the long leaf
pine regions of southeast Texas
II is asserted on questionable authorize TINT
the PrCyidence Rhode Island Locomotive works
Will be removed to South Chicago thai the cani
tal stock viii be increased from $500 900 10 81 900
90 : and that works able to turn out one loeonIo
tive day will be built
The sonora railway, projected three Years ngo
to from Guaymas, ON the gulf of Gallfornn
To connection with the Ameri.
Gan H,, H., ,i me, mas been purchased
II VIII he completed this year, at u cost OF sS.
100000, and will give the Santa Fe a thro,Igh
route from the Missouri to the waters OF The In
/ ellie coast.
! Projects enough are ON foot TO raisr Mevino
| at once from a state of dependence on mule
transportation 10 the possession of an elaborate
railway system The New Orleans Picnvunc
has obtained from Mexican sources list OF ten
charters granted for the construction of utcrnn,
tionnl railroads, and more are said ~ be forth.
coming The routes as laid down will furnish
he Uniieli States with commercial prapples mr.
ranged along the entire frontier from The Rio
Grande To the Gulf of California
! The 0regonian's special from the northern PA.
cine front says that the track was laid upon The
pile bridge Si2s feet long. across Lake Pen
oreile yesterday The first engine crossed al
/ 1880 this afternoon. Track -lnyiug Is now nro'
crossing eastwardly, and construction operations
upon a grand scale are being pushed forward
with the utmost Nigor by Superintendent IIal.
| lett '''
! The engineers of the New Orleans. Red River
y Texas railway have compile cd the survey
from New Orleans 10 Capitoliau We learn TIM,
tue chances for an early completion Of this line
on TINS side OF the river are now regarded as
| good. This is good news for everybody,
Mr.. X c. Kerens left ST. Louis for Eureka
springs, Arkansas, where he proposes to look at
he country and confer with the people In rrt,
erence building railroad from seligman
ON lne tTaso9 line to Eureka Springs The con.
summation OF the enterprise will depend largely
o the announcement given by the citizens Who
are the most interested. The length of The rnad
Is twenty miles, and according to The estimate of
Chiei Engineer Dun, of the Frisco road, the cost
OF construction will be sb25,OO0 Parties I'm Ar
kansas control the charter, who have offered 10
sell "
| AZ the annual meeting of the Union Pacific
rsliroad, held III New York, the following di.
rrctors were elected: Sidney Dillon Elisha Al.
kins, Frederick l.. Ames, Ezra H. baker i. If
IL. Clark, i. Gordon Dexter David BOWS Green.
Vile 81. Dodge. I I, Eckert Jay Gould, Soion
humphreys, Russell Sage, Augustus schcll,
William J.. Scott and John Sharp
AT n subsequent meeting of the directors SID
ney Dillon was reelected president aud quar-
terly dividend ofla per cent declared
The total earnings this year We're 81, 25S Si7;
lsosta last year sio5i5, liz, net earning T dis
year.. sll,77Sl74, against ll,9lOOi5 last Wear
The decrease IN net earnings l. accounted for
by the faet that the company laid $500 $40 worth
INF liz "a .HNA glss.f
company is si0s5, 07S which is more than coy.
cred by available bonds, securities aud supplies
| on hnnd.
The company holds securities in stocks and
bonds of other roads of Sbl,g go 81 COO 90 of
which are quoted ut par and pay dividends.
over s25,OOo,VO0 OF these securities net the com.
pany IL per cent profit per annum The com.
pany owns material ON hand valued ut SiGi, 40,
and has saved half a million dDlla Q In the mr.
chase of steel rails. Freight carriage increase
lg2.Sig, 00J tons for the year.
The company recently obtained from tho
United states supreme court judgment against
the United States government for $40 OOOO barl
charges, which will be worth In the nituro at
least 500, 600 yearly 10 the company
The sale of the Sonora railway TO the Atrhi
son, Topeka " Santa Fs Is announced. The
latter company has thereby made itself promis /.
ent In the railway traffic Of the south wesi and
secured al independent line TO the Pacific Tho
| Sonora railway company wns Organized mnrr
than three years ago by Mr. Thomas Nckerson
! Nltu IIcsutllN VI tnc htnltun COmpnuy. 10
build fron Guaymns ON the Gulf of California
through the state OF Sonora TO the American
border, there ~ meet the Atchlson system
Within few months the line will be- coninletr,i
at the remarkably low cost of q, zoe zoo. Inclnd.
| Ing equipment II result due 10 the use of Enr.
llsh steel free OF duty and the low prIro of
native labor The company has n " yurnmcnt
subsidy ofsll2 Ts per NILE or sSOi2yOO In Mex.
can silver equal ~ s2GOS 10 In American
gold OF this subsidy, sci, 100 In Mexican
money has been paid 10 date. The contract for
the sale provides that the Atchison COMPANY
shall guarantee the interest upon the first mort
Gnge per cent bonds and i,suv one shnrr of
Atchison stock for two shares of sonora stock
The effect OF the announcement ON Atrhison
stock Is inlorcsting The opening price wns NlL
an adv ancc of from last night Al The 1tst
call OF the second bonrdi fell To- S,s aud then
toM - AMI on the second call Il was able 10 no.
gain only ~, closing At S23.S Owners of sono.
m are reported Ne pleased with the transaction
Nh thc ground that they arr better on than II
thcy HAD Tried to run their ruad INDEPENDENTLY
ana inc Atchison people feel that they have mar.
ually, W not wholly, rcgained the ground lost
when the san Francisco road was prnbbcd bv
Could but the street does no, seen, 90 share
| this belief
| fREioura
| On cotton from Dallas an, ns follovs,
| Per 100 Pounds Per loo pound.
81 Louis ......s 81 New York. - n "A
noston .'''..'"."l 2 New orlcans..a.. W
Huston I. ...,.... 20 Galveston, ,,,',.", 4,
ou local frelghts arr ns follows, second .class
| Per luO Pounds a., t..n .,.....