Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-01-21
PERSONAL AND GENERAL.

the talk about the consolidation of the
palace car companies continues, but General
Porter claims it il all talk and no consolida-
ton.
Captain Eads is sure of the passage of a
bill in Congress for the construction of his
ship railway over the Isthmus of Tehuante-
pee; i sure that the railway will be built
and will be a success and, more than all, is
sure that the job is paying one.
Work has been suspended on the Laredo
and San Antonio extension OF the Texas
Mexican railway, supposed 10 be because
Mr. Gould has obtained control of the Dem
yer and Rio Graude road, and no longer de-
sires the building of the Laredo extension
The enormous influence exerted in the
fin ,ncial world by railroads may be briefly
Inferred from the statement (made by the
Ind ator) that the interest paid on railway
bonds during the twelve months ending with
December was Sl43, 709, $40, and the divi-
dends paid in the same period amounted to
$92, S47 $50.
E. ii. Talbot, the president OF the Rai{ray
Age Company, Chicsgo, has sent a COMMUNE
ton to parsons interested in railroad ap-
planes, asking their opinion to the feas-
Utility of holding National Exposition of
railway appliances in that city. If favor
able answers are made to the circular, it is
intended TO make an effort to organize such
an exhibition.
Mississippi now proposes to regulate rail-
way traffic, and she may learn much from
the struggle going on at Albany. She may
reflect that il New York had organized a
thorough going commission, like that OF
California before the railroads got her
under, she would now not be the legislative
scandal of the nation, so renowned for venal-
ity that neither Pennsylvania nor any other
State can excel her.
Elk Governor 4. G. Hunt, of Colorado, |
president Of the Rio Grande extension 1.-THE |
Palmer and Sullivan railroad) and general |
manager of construction Of the Mexican |
National railroad was in st. Louis few days |
ago, and was very mad at the treatment he |
received from the transfer company. He |
paid soc for omnibus fare to an agent on the |
train, and when he arrived at St. Louis he |
was presented with bill for s. for baggage
transportation.
Mr. NJ. Olston, section boss on the Vicks-
burg, Shreveport and Pacific railroad, was
shot Monday afternoon, at Tallulab, Louis
lana, by John Maburry, clerk in the COM
missary department of the road. The diff
Guilty originated in a discussion as to the
ownership Of a bottle of bi,iers. Maburry
fired at Aston three times, one ball taking
effect in the neck, the. second in TIE arm, and
the third grazed his forehead, but unfortu-
nately all were flesh wounds.
The Southern Pacific railroad, on its way
from New Orleans to the golden shore, runs
more than three hundred miles through Ari-
IONA Territory, OF which little is known ex.
cept that it has 1895 square miles of area,
and 49, population. The Tucson Star
gives detailed information showing that A.
$685. pounds of wheat and barley were
raised in the counties of Maricopa, PinaI,
Graham, Pima, Yuma and Cochisr. and
thinks that the product of Yavapai, Apache,
Gila and Mohave will swell the total to So
900, 000 pounds That Is certainly crafty
ing exhibit fer so small population, largely
given to mining.
As regards foreclosures at least, says the I
New York Banker and Broker, the railroads
Jared better in 1881 than in the previous
year. There were only 30 roads sold under
foreclosure last year, representing a total
mileage OF 26l7. In 1880 there were 3775
miles of road forecIosed, decrease for 1881 :
Of 1888 miles. The capital stock of the roads
sold 1881 was S5l ,277 66I, in 1880 it was
S97, $780, a decrease in favor OF last year OF $
SAG, 036, 039 or nearly so per cent. The ag- !
gregate indebtedness was $67 "a ,036 in 1881,
and Sl66, 56S, 900 in 1880, decrease of $780,
923, 96l, or over 90 per cent. A large part |
Of the foreclosures was legacy from the I
lime when bankruptcy was almost the rule l
and solvency the exception. Roads that had
been ruined years before were sold out and
in 1881, and start now with a fair
lhanGe to become profitable to their new
owners. The year 1889 ought to witness Q
ever foreclosures tn m di It's predecessor 8
he old crop of bankrupt reals havin. been a
pretty well cleared ont