The evening light. [volume] (San Antonio, Tex.) 1881-1883, 1883-03-14
RAILWAY NEWS.
Directors Elected by the Iron Mountain,
Missouri Pacific, Wabash and the
Santa Fe Companies.
Gould, Sage and Hayes Selected by Each
Building in Mexico and Texas
Other Items


shops from Galveston to Houston is denied
by Manager John Sealy.
The National Association of Passenger
Agents met i'll New York yesterday. f. P.
Wilson was elected President. The commit
tee appointed to prepare universal form of
tickets for all roads was discharged without
making report.
Hon. William Window, of Minnesota, was
yesterday elected Director of the Broadway
New York; Underground railway.
Directors of the Wabash, St. Louis and
Pacific railway were elected yesterday. They
are Jay Gould, Russell Sage, A. l.. Hopkins,
r. S. Hayes and F. l.. Ames. The earnings
for the year were $I6,S5I 600; operating ex-
penses, Sill, 664,752; net earnings, S., 1885,
938; miscellaneous receipts, S32S, 700; total
net receipts for 1881, S., So, 69S; total net
receipts for 1881, S3,674,S46; funded debt,
$7o,S37,S54; loans and notes payable, S.
276,o56; sundry securities on hand,
So, 667,696. This showing is regarded
rs favorable, the increased net receipts over
those Of 1881 being $I,S4o,725, $SoS,S49 OF
which were for passenger business. Two
thirds OF the stock was voted at the meeting
The stockholders election for directors of
the St. Louis and Santa Fe yesterday resulted
in the naming of c. p. Huntington, Leland
Stanford, Jay Could, Russell Sage, Jesse
Seligman, Edw. rd +. Winslow, lanes V.
Fish, w. F. Buckley, Horace Porter, A. S.
Hatch, Walter l.. Frost, X. S. Hayes and
Charles w. Rogers. There were I74,767
shares voted to the total capital of $50, 900
shares.
At the annual meeting of the stockholders
of the 81 Louis, Iron Mountain and Southern
railroad the election of directors resulted in
no change. The board is as follows: lay
Gould, X. S. Hayes, Thomas f. Eckert, F.
| l.. Ames, Sidney Dillon, III. +. Vanguard,
Henry Wheelan, James S. Lowery, !. T.
Ferry, Samuel Shell, Russell Sage, R. /.
Locklaw and X. c. Kerens.
The directors of the Missouri Pacific COM
pany, the annual meeting of which was also
held yesterday, are identically the same as
| those of the ST. Louis, Iron Mountain and
Southern every way. The following points
are from the annual report ST. Louis, Iron
| Mountain and Southern railway-GroSS earn
ings, SI8,S27,S 82; operating expenses, in
Guiding Improvements, betterments and taxes,
| SS9Io,SS3; cost OF improvements, S277, 32I;
net earnings, S397I,325; number of miles OF
| main track, $50; increase over 1881, ITO miles;
number of miles of side track, I73. The
equi pment consists OF 40 locomotives and
4 $50 cars of all descriptions. The capital is
$22, $40, oSS; funded debt, $33. 929, eoi.
The Missouri Pacific annual report sum
marzes as follows: Gross earnings for 1882,
S8,o946I8; operating expenses, including
cost of all Improvements and taxes, Sd, 476,-
2Io; net earnings, $3,6IS,4oS; cost Of i'm
provements, $4,000 The equipment con-
sists Of I52 locomotives and 4SI3 cars of all
descriptions. The number Of miles of main
track operated is goo, an increase over 1881
Of eos miles. The number of miles OF side
track is 1874. Capital stock, $29,95S, 900;
funded debt, $25. $4,000.
FL Paso Herald The Mexican Central
Railroad company is making rapid progress in
the building Of its road south of chihuahua.
1t is now averaging one mile and half per
day, SO we are informed by Mr.. Robinson,
General Superintendent, and has already
reached Pablo river, so miles south of Chi
huahua, and on the Ist of April will be COM
pleted and have trains running TO Santa
Rosalia, which is 100 miles south of Chihua-
hua. There are 100 miles of all kinds of
TalHOau matcfldl On nanu At present, except
bridge timber, and work will now be prose-
cuted with unexampled rapdity. Arrange
ments, it is said, are being made for the con
struction of the branch railroad from Ell
Paso to White Oaks, where it Will tap the ex-
tensive coal beds. 1t is desired to continue
this line to connect with the proposed south
ern extension Of the Denver and New Orleans.
forming through line from Denver to Mex
leo and the gulf.
Galveston News: 1t is stated that an ar
rangement has been made for the sale of
7,ooo, 900 acres of land by the Northern Pa
cifc railroad company to an English Syndi-
cate. The purchase price is said to be about
SIC, ooo, 900, the company to receive payment
in preferred stock At par, which is now selling
al IS in the open market. The fact that
Northern Pacific lands have been bid for on
so gigantic scale has called attention anew
to the valuable land grant ofshe Texas Pacific
road, more particularly as the income land
grant bonds of that road have advanced sew
eral per cent. within the past week. The land
grant in question is regarded as of sufficient
| value to pay off the whole amount of income
bonds outstanding two or three times over,
especially as the price of land is advancing
and the tide of immigration is running in the
direction Of Texas, where the agricultural re-
| sources are being rapidly developed.
According to the Las Vegas Gazette the
Taxac and Pacific c,n,n,n, ,,,,u