The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-24
LIVERPOOL,
RAILROAD ITEMS,

TWENTY miles of the Nashville 4 Florence
railroad are now completed, and before a great
while 1t will be finished to the state line, about
sixteen miles north of Florence. The compile
ton of this road to Florence within two years is
said to be a certainty.
On January ], 1889, the length of the Austrian
railways was ll9ll i kilometers, or 7,4Ol miles,
which is less than the mileage of Illinois alone
The Austrian railways are owned by forty -nine
corporations, including three owned by the gov
eminent Of the railways in Austria, l3S
kilometers are managed by foreign companies.
The new mileage in 1882 was less than $50
system have dOuble-tracks.
A locomotive Is being built for the Erie rail.
way, In which Mr.. Mallets device for consuming
smoke is to be tested In order TO give the in
vention a thorough trial, trip across the cont.
nent will be made. There is to be no smoke
stack on this locomotive, and its place is to be a
man-hole merely. The sir used to condense the
steam is employed for heating and ventlatiug
cars, being delivered through conduit which,
with coupling ends, passes along beneath the
cars. This system does away with coal.stoyes
or heaters, and supplies the car with fresh air
and warm air without danger Of fire in case of a
| smash up,
The key to the railroad situation, as the Bos
ton Transcript has it, is Union Pacific, In which
| a new deal of considerable importance will
shortly appear. Jay Gould has re-entered the
Union Pacific as controlling factor, but this
will be moie patent at the coming election than
at present. The stock is very steady, but is sus.
piciously offered seller co. TO frigh,en OF all
| buyers ana make as many regular sellers us pos
sible. That there is the biggest kind of deal
| going on with Union Pacific cannot be doubted
but the exact character Oft is known only in the
innermost inner circle. Consolidation with the
Chicago, Burlington Quincy railroad company
Is limited at as among the possibilities. Such a
consolidation upon proper terms would be for
| the interest of both companies and would make
q combination ab o to dcta Z terms T. any minor
corporations west of the Missouri river and Ia
nearly all companies between the Mississippi
| and Missouri rivers.
| Says the NeS York Stakeholder The lmpor.
tance of the purchase made by Mr.. G. p Hun,
| tington few Days ago. In behalf Of the South
ern Pacific syndicate, of the Morgan Steamship
| company, OF Louisiana cannot be over.
estimated. - 1t furnishes at once di
rect COMMUNICATION between New Yorl
and San Francisco, over an entirely new route
and in the Panama and Atlantic traffic, at least,
antag anlzes the Pacific Mail company. The de
tails of the.purchase have not been made known
but 1t Is generally believed thatthe PURCHASING
syndicate has taken ell the floating stock of th,
| Morgan company, carrying with it the assets
which are subject to q mortgage of s5O00,OGJ
These assets consist principally of the steam
ships OF the Morgan line, something over 20
miles of railroad, valuable dc elk property at Gal
weston and New Orleans, and $1,000, 600 stock O
the Houston Texas Central company TIL
impression has been created that the stock O
| the last named company was purchased sepa
rately but parties who know something of tn
Nor gan estate say this was impossible, mas
much as the control was tied up In the treasur
OF the Morgan company under the morlga &c
which Is now the property of Mrs. Morgan. Tn
STOCK OF the Morgan company had par valu
OF S1O, q II 20, and the franchises controlled by
| are OF ines. mabe value TO the Southern Pacin
com hinaton