The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-04-26
LIVERPOOL.
Opening Close Close
To-day. To-day Yesterday
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RAILROADS.

ARKANSAS stands second in the list Of rail.
way construction for the first quarter oil
1888.
A Lockwood, n. Y, man has contracted
to build seven miles of the Panama canal
for 81, 900 600 mile.
Toe White river branch of the Iron Noun
tain railroad has been formally opened to
Batesville.
The completed railway mileage of Mexico
is now stated at 2265 miles, which shows
an addition OF a bout ], 100 miles in the past
year.
The Arkansas City Mail says the An.
cboT-L ne company and the Iron Mountain
railroad are cutting rates on ireights ovel
their respective lines to Arkansas shippers,
The Atlantic & Pacific railroad ha'
abandoned The attempt TO strike artesiaT
water at Ash Fork. New Mexico. They
| sunk TO a depth OF 800 feet at a cost Of $50,
600.
Mr.. Goulds principal holdings now are
Western Union, $50 600 900; Missouri Pa
cific, SIC, 600 600; Wabash Pacific, $4,000,
coo; Denver & Rio Grande, $40 100000, th'
balance of his Sl00, 00O, 600 being invested IL
boHCs and real estate.
The Texas & Sc. Louis narrow. gauge
road, which is TO connect with the Toledo
Cincinnati & st. Louis, has 1872 miles o
completed Jad from Birds Point, Missouri
! 10 Gatesyille, Texas, with the exception o.
the bridges across the Arkansas and REQ
rivers, which will be finished within sixty
days. There is a gap Of 20 miles under
construction between Gatesville and Lare
do, on the Rio Grande, at which point con
nection will De made WI h the Mexican Ma.
tional road under construction TO the City
OF Mexico.
The lease Of the Wabash, st. Louis a Pa
Gifts 10 the Iron Mountain company Is now
an accomplished fact, cable sdvioes received
at New York Wednesday stating that the
foreign stockholders OF the former road
were a unit in favor Of the scheme, which
received their assent promptly. The
southwestern system will hereafter control
about 10000 miles OF road, the largest mile
age under one management not ONLY In the
United States but IN the world.
Mr. G. Jordan. who succeeds Colonel A.
L. Rives as vice-Dresident and general
manager Of the Mobile a Ohio railroad.
entered upon the discharge Of bis duties on
Monday. The 10th inst. He was formerly
superin iendent Of the Mobile d Nontgom-
ery road, but more recently connected with
the Houston a Texas Central system, and
ii experience is available, will wOrthily Ill
the position vacated BY hts predecessor.
The st. Louis a San Francisco railway
company have negotiated Tor the sale 10 .
syndicafe OF bankers Of t2.500.O00 general
mortgage per cent. 50yesr bonds These
bonds are issued un0er the company Eru-
erai MORTGAGE, which provides for $1,000 .
60, Of which 5000. 90 have nos been ne
potiaied All the residue Of the 800, =
90, over and above q Sufficient amount 70
refund the old inde0redness. IL 20 be az
pfopriafed. and can he use1 only % pay for
new lines, extensions and acquisitions. on
eli o. which, e. well - The present. prop
erty, the bonds viii constitute hrst mort
Eage-
a special from Boston ssyE TIE Chi
cago, Burlington abd Quincy people 70 DAY
CAM M 20 the scrarch and bU1Eht the
Hannibal A 81. J0ssph road, thus putting q
stop 10 the thrsstened psrnllelinr Of her
m1st D oftsbie lines. The purchase vns
effected 81 . sonference between President
Perkins. q the Burlington. aud NJ. Ord
I. Amss. representing the 81 Joe. The
Burlington. u j. understood. I'll EuErHn-
zee al he bonds q Ire Hanuibal A g. 10
serb company. and purchese TIRE r-.ferTsd
sock 81 par vita iis ! per cent denenturr
bonns. anf The corrno- - "a 81 ~ fhe
rrire paid b. NJ. John r. Duf Vim rer
cent irteresf slncs TIE caie q thaf rr--
cbnse. paymerf ~ ffis aiso - b. ms5s in
pr cert toncs. Tts to1sl crtf 81 n
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