The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-05-04
RAILROAD ITEMS.

THE annual report of the Lake Shore q Michi-
gan southern railroad, just issued, shows de.
tciency Of Sll20O,.
By the 18th of May TIE Gulf Colorado Il Santa
Fe railway will be completed to l.ampusas The
entire working force will then be transferred to
the branch from Brenhnm TO Navasota
There Is reason u believe that Mr. Vanderbilt
will soon retire from the presidency of all his
roads west OF Buffalo. and that General Deve-
rcuN Will be made first vice president with Cor
nelius Vanderbilt as president
RALEIGH, April 2g-The road from Wolf creek
10 Point Rock, Tennessee a branch of the East.
crn Tennessee Virginia railroad, was completed
yesterday, connecting the Western North Caro-.
lima railroad with Tennessee, and giving another
line from the seaboard through the Blue Ridge
mountains to the west
AUGUSTA, GA-April 2S.-The last spike in the
Augusta Il Greenwood railroad was driven to.
day NJ noon at Greenwood, and an excursion
train from Augusta, carrying several hundred
people, arrived in town, Several thousand PEG.
Pile assembled at Greenwood TO participate In the
rejoicing and festivities over the completion of
| the road
The Chicago < Northwestern has, In connec.
ton with the uuon Pacific railway, es established
u fast freight line bctweeh Chicago and Denver
aud other Colorado points All Denver freight
| Is loaded in Chicago In solid carloads, and
/ goes through 10 its destination without transfer
or breaking bulk ut the Missouri river us is the
| case hy the other routes The same Is true of
easl. bound freight 1t being loaded In solid car.
loads nj Denver and run through to Chicago
without transfer
The first 100 miles of the New York, Texas Il
Mexican road from Rosenberg Junction To Victo-
| ria, will be completed by the list of May The
/ rails are now being laid at the rate of one mile
and half day II is stated that the road will
be In running order to Brownsville by the LIST of
January next The compauyS Headquarters
will be located at Wet ria whore Count Tel.
icner the president of the syndicate, will reside
| next year.
| The special meeting of the house committee on
| Pacific railroads had the national railway hill
| before H. The points considered were to pro.
vide ngains, the sale of huckSlcriug of the rights
! granted by the charter, aud to insure the cnlly
commencement aud completion of the road.
/ Chairman llaZlcton was directed TO prepare aud
/ report u substitute covering these points, The
committee also directed Mr. Huttcrworth to re-
/ port an amendment 10 what Is known AS the
Anderson bill, 10 bring the Kansas Pacific rail.
/ road under the provisions Of the Thurman act
which provides that this road shall establish a
sinking iund to pay the government subsidiary
bonds. II Is St0tsd that the Kansas Pacific rail
! road Is the only tanscontlnVntal route that
does not come under that act
The state OF Massachusetts Is pretty sick OF
It's interest In railroads, A bill is before the
! legislature for an appropriation of S2j1OOO for
the doublc'racking OF the Hoo'ac Tunnel line.
The debate on this bill brought out the fact thai
since the alleged completion Of the tunnel the
following amounts have been appropriated by
the state: 1874, slS25O0O; 1874, III 9nlOlO iS76
sl2 ISIS 1880, 1872 sl2g 900 1850 Sl5g 56s.
1881, $4,000 1851 (pcnding), S2tlOOO, total
SlOlhi6s The statement Is made that G. per
cent OF the state tax Is on account OF the TIM.
mel. In other words, wo'thirds OF the state rev
cnuu goes TO pay interest on n debt incurred on
account Of the tunnel and for expenses of III,
prolllgatc management thereof
1hc assessment Of the Colorado RAILROADS. has
been completed by the state board Of cqualiza
ton.
The assessment Is made on property owned b,
roads December |, lSsl The total valuation Of
1881 isSitilSo6 showing an increase ofid l05