The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-09
RAILROAD ITEMS.

GENERAL PALMER has gone to Mexico to
push the construction of the National
road.
Track is being laid oil the Texas & st.
Louis road between Texarkana and Red
River.
1t is understood the Union Pacific, Mis-
souri, Pacific and Texas Il Pacific agreed at
st. Louis upon division of business from
the east to the Pacific.
Only $50 miles of the Northern Pacific
railroad remain uncompleted. The COM
pany intends to have the entire road be-
tween st. Paul end Pugetsound completed
in two years from this time.
1t is reported that vessel would leave
Hong Kong, March 1, with full cargo of
Chinese laborers for the Canadian Pacific
railroad
1t is reported the Illinois Central will dis
tribute Chicago & New Orleans stock by
stamping twenty shares on each one hun
dred share certificates of Illinois Central.
The gross earrings of the Michigan rail-
roads for 1881 were $50, l02, G66, large in
crease over former years.
The Prussian government is to buy this
year $500 tons of iron railroad sleepers at
u cost of about S35 ton.
The Trunk Line pool has ordered an ad-
vance in east-bound freishts from Chicago,
to take effect March 10, the rate on seventh
class being thirty cents per 100 pounds.
The Virginia Chronicle publishes the
statements of the various railroads in
Nevada. Ii shows that the net earnings
for the past year amounted to about $S,l43,-
2S6.
1t is now stated that the line which the
Souther Pacific railroad is to run east to
the Colorado river, will not start from Mo
huya station hut from, Sand Iraaly
miles this side of Mohave
Owing TO the extraordinary weather, rail.
road building has been progressing all win.
ter. The Chicago, Burlington Il Quincy
has commenced grading at this end of the
line, and the Rio Grande is largely increas.
ing its forces on the Silyerton and other ex.
tensions.
The Reno Journal says it has reason ia
believe that the net profits of the Central
Pacific on its Nevada business last year
were not less than $3,00O,0O0. The report
of the company submitted to the secretary
oi.state gives no information whatever on
the subject.
The Venetian society of public works has
asked the authority OF the Italian govern
ment to make surveys for project Of rail-
road communication between Sicily and the
main lands by means of tunnel beneath
the Straits OF Messina.
The election for Atlantic Il Great West
ern trustees was held to-day in London,
and the question of the future management
of that road settled. The vote of the bond
holders was $3l Q0o, 900 in favor of the pres
ent trustees and present policy OF the COM
pany, against $4,000, GOO in favor of the pro-
posed new trustees of the Gowcn.Vander-
biN combination.
The Chicago, Milwaukee IL st. Paul com.
pany issued circular giving the reduced
immigrant freight and passenger rates from
Chicago or Milwaukee 20 points on the lines
in Iowa, Minnesota and Dakota. The new
rates are fully 20 or - per cent. below all
former rates.
II is reported that railroad will be built
from Deming to the Burro mountains cop.
per mines, New Mexico, by the Atchison,
Topeka Il Santa Fe railroad, work TO be
commenced the middle Of April.
Work on the Frisco road was commenced
this side of Frog bayou, and next week a
large force of hands will be placed on the
work all the way to Van Buren,.
One thousand men will be thrown on the
narrow-gauge railroad between Camden,
Arkansas and the Saline river, just so soon
as the water falls sufficient for work to com.
mence.
The gross earnings Of the Union Pacific
system for 1881, reached the enormous total
Of 20,6l7 900, or 100000 more than In
1850. On account of the expenditure OF
100000 for steel rails charged TO oper.
ating expenses, aud the severe winter OF
lssO.Sl, the net earnings will not be much
above those Of 1880 but no one questions
but that the Union Pacific earned from "
10 II per cent upon It's stock In 1881.
From statistical tables compiled by the
Prussian government, II appears that the
interest paid on capital invested In railroads
Is higher In France than anywhere else ex.
cept America. In France the average per.
centage yielded was 4.53 per cent, In Ger.
many 4. II, In Austria 81, In Great Britain
80, In Russia 2S, and In Italy 2.5. In the
United States the capital expended yielded
on an average a return OF 40 per cent, In
Canada only is. and In tho British West
Indies "a.
The report OF the Northern Pacific has
Just been made to Commissioner Daker.
Including the line leased IRON the Manitoba
road between Sank Rapids and 81. Paul
under protest, on the ground that Il was
not legitinatcly part OF the company's
line. the gross receipts are $4,000. Total
earnings, $3iT ,3Oi.22, OF which t225, g2D. rs
was freight earnings $ii4.6SO.3i passenger
earnings, s5,25l.s2 from mail contracts,