The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-12
RAILROAD NEWS.

AHN uiiih"li Ndt ,oiHpdny injunction
case against the Texas & Pacific Road
which was set to be heard at Tyler, has been
postponed until the 2ith inst. and will be
heard in New Orleans before Judge Pardee.
at chambers,
The AtchiSon, Topeka d Santa Fe Rail
road has just given effect to new passcn-
ger and freight tariff to points in New Mex
leo and Arizona. The change is a reduc-
ton, and is occasioned by the completion of
the Texas & Pacific Railroad to FL Paso.
The Northern Pacific Railroad is nego-
tiating for the services Of 10000 Scandina-
Wan emigrantS.
The gross earnings of the Union Pacific
Railroad Company for the year 1881 reached
Tie enormous total of S296l7 600, against
so 40l,OU0 i'll 1850, a gain of II per cent.
those who have expressed themselves in
positive terms regarding the proposed con-
solidation of the Missouri Pacific and Wa
bash systems as merely imaginative may
i've TO see they move in error, and then in
nlct the earth with their existence great
while. That Mr.. Gould has such under con
temptation is a well authenticated fact.
An agreement for consolidation has been
consummated between the Wheeling &
Lake Erie and the Cleveland Il Marietta
Valley roads, uniting three hundred miles
OF rail- thus controlling the coal transporta-
ton oil large territory in Ohio.
The following regarding construction
companies and the value of stock is in
tereStlng: International Improvement
Company has capital of $1,000 o0o It
which 60 per cent. has been paid. The
company will call no more assessments,
and has so far divided 80 per cent i'm gen
eral mortgage bonds of the Missouri, Kan
sas Texas Railroad and % per cent, of the
Missouri, Kansas & Texas stock. 1t was
originally intended to go to Mexico CITY,
but will not be built beyond Laredo. A
new company, called the Mexican Interna-
tlonal lnteroceanic & Oriental Railway
Company, has just been formed to take up
the work at Laredo and build to Mexico
City.
Mexican National Construction Company
intends to build from Laredo to Mexico
CITY, with $7,5OO,O0O subscription capital,
OF which only part has been taken up; so
per cent. being called, but not in all cases
paid in. The company gives for $l,O5O
cash subscription $1,000 first-mortgage
bond and ten shares stock; 60 per cent Sc.
curities have been divided.
Mexican Central Construction COMPANY.
"A Boston corporation building from the
city of Mexico to I'll Paso with branches.
The iirst-mortgage bonds of the railroad
were taken thus: $1,000 with 81 600 income
Dond ana 40 shares OF stock for 81, 500 cash.
American railway Improvement Co.
This company built the New Orleans Pa
cilic Railrond, which is now consolidated
with the Texas IL Pacific. Subscription,
S2OOOOOO; paid in, so per cent, and so far
5Oper cent. of Texas IL Pacific stock and 30
per cent. of New Orleans Pacific iirst-mort-
gage bonds have been divided among sub
scrbcrs.
Texas & st. Louis Railroad. -Subscrip-
ton, 100000; 20 per cent. paid in.
Another installment (No. y of 10 per cent.
is called from the subscribers, payable on
December % Line of road in two divisions
marrow gauge, Texarkana to Waco, and
Cairo to Texarkana, connecting with Cairo
IL st. Louis to East st. Louis. Subscribers
will get 100 per cent. ilrst-mortgage bond,
5Oper cent. incomes and 80 per cent stock.
Texas & Colorado Construction Company.
Subscribed capital, $5,OO0,OO0; 10 per
cent. paid, Builds the Fort Worth & Den
yer City Railroad from Fort Worth to Cana
dian River, and will connect at Canadian
River with the Denver Il New Orleans Rail-
road building from Denver. Subscribers
Will probably get $4,000 first.mortgage
bonds and 200 shares of stock for each Sl0,-
600 paid in, but terms have not yet been
settled.