The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-05-09

to deliver coal from the mines in Laredo within
sixty days.
The earnings of the Atehison, Topeka &
Santa fe railroad company for this month viii
probably be 81, 10000 against s9ls479 in April
of lsSl. II seems almost impossible for the At
Gibson earnings TO be ever less than SiOn,e0o
per mouth. The first month that the Aichbon
earned ST. vC0 600 was in May, 1851. and the gross
monthly earnings have not since fallen below
this amount,
PuRpLo, Col, May s,-Pueblo Is celebrating
tonight the arrival OF the Denver 4 New Or
leans road III the city. The road is being pushed
rapidly, and viii sooOn connect the mountains
OF Colorado with the gulf An excursion train
at o'clock brought in large party of Denver's
prominent men. The rsin was drawn by two
engines of 'he road the Denver frat the Pueblo
70 lowing. The party were taken around the
city IN carriages and treated to banquet In the
evening
great systems OF railroad, controlled respectively
by the Erlangsr syndica e and William H. Van
derbilt is reported as about to be effected
should II be carried ont the Vanderbilt lines
will have direct communication with large see.
tons of country in the south possessing very
great resources while the Erlanger syndicate
viii secure All important ally and with il n con
nection with New York and the east
LAREDO Tex, May 5.-rhes first thirty five
miles grading out from New Laredo, Mexico ON
tue International road, was completed to-day
II is understood further grading will be sus
pended until the Mexican government will ac-
government is delaying work purposely to retard
completion Of the railroads faster than the gov.
eminent Is prepared or willing 10 pay the bonds
OF Nl 900 which II has agreed TO pay The de-
lay VIII cause great loss upon the American
contractors. who have large and costly outfits in
Mexico
PORTLAND, OREGON May S--Edward G Til.
ton, the contractors general superintendent of
the Canadian Pacific railroad is in the city, and
III au interview stated that work
on the section between Buzzard inlet
and kmery point, eighty five miles, is going on
actively. Arrangements have been made
ior the importation Of eight thousand Chinese
within sixty days. Twenty three miles of road
on Frazier river are completed, and grading from
the sixteenth TO the nineteenth mile is nearly
done The work between Emory and Thump-
SON river WI probably be the most expensive
on the continent The cost per mile will be over
s16, C0O and fora considerable distance nearly
$500 00, exclusive Of rails and fastenings.
SAN FRANCISCO, May 4.-rhe reorganization of
the personnel OF the entral Pacific railroad
managementwasc completed to-day The active
management of the business of the road will
herea ter be under the charge of the following
gentlemen: A, n. Towne general manager OF
{ N Central Pacific railway system; j.. A.
Fillmore, general superintendent vice A.
n. Towne, promoted r. II Pratt
assistant general superin endent, vice Fillmore,
promoted; j. C. Stubbs, general traffic manager.
Richard Gray general freight agentyice Stubs,
promoted. Following the example Of the large
eastern corporations, the Central Pacific propose
to invest the chief EXECUTIVE officers with The title
OF general manager. II is also understood that
hereafter Governor Leland Stanford will no
longer trouble himself with the duties of com
pany affairs. Those duties hereafter deyolye
upon the general manager.
In giving notice to the house that he would
soon introduce general railroad inCorpora.
ton act Representative Dunn alluded to the
fact that several bills are now pending before
congress TO grant railroad charters to Ger.
tain individuals to build railroads through the
states, and said he was opposed TO granting such
| franchises and exclusive rights TO individuals TO
be hawked and peddled over the country He
gave notice that he would, at an early day. in.
troduce general railroad incorporation act, un-
der the provisions of which A. and all citizens
OF the United States may organize associations
snu bullI railroads through the states and terri.
tlrles Wherever they may see proper, and pre-
fVehtlnE tne sale OF mere franchises and the
sonsolaaton OF competing lines of railroads.
Inc new YORK City Northern railroad com.
pany failed 10 pay the semi annual interest of 3
per cent on It's general mortgage bonds when
due Efforts have been made recently To prevent
the deiault, and some Of the large bond and
STOCKHOLDERS have been asked TO subscribe TO
pay the interest. These efforts have proved
unavailing, and officers Of the company and OF
the Loan Improvement company, which IL sup.
posed to own majority OF the stock, said yes.
terday that matters would be allowed TO take
their natural course. The first mortgage bonds
amount TO u. 0Ol, and were issued two years
ago Recently the contrary has authorized the
ISSUE 81 second mortgage bonds 10 half that
amount put nus not marketed them.