The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-01-24
KANSAS CITY AND GULF,

The New Trunk Line Reaching Out for
MISUNDERSTANDING in Texas.
OF the several large and important rail-
way enterprises under way lin Texas none
is exciting more interest than the move
ments of the Kansas City, Pittsburg and
Gulf which is now building rapidly from
Shreveport south to Sabine Pass. With
the completion of this line to Sabine Pass.
which gives an almost air line to Kansas
City, and the several new lines recently
purchased added to the system and in
operation, the new trunk line promises to
prominently figure as an important factor
in Texas railroad systems. A large force
Of workinen are employed at Port ,..ur
the new town site near the Pass, and an
army of laborers are in the field between
Beaumont and Shreveport, grading and
track laying.
y big deal was recently consummated
whereby the Kansas City Pittsburg and
Gulf came into possession of two valuable
pieces of railway property. which will
extend the possessions of that company
to the North and afford valuable connec-
tons throughout the East. The property
involved is the Quincy, Omaha and Kan
sas City. extending from West quincy,
Mo, to Trenton, Mo-, distance of 1856
miles. which has been transferred to a
syndicate composed Of Drexel & Co. Gil
man, Son & Co. and the Missouri. Kansas
effected by the purchase of 81 900 Of the
preferred bonds of the company. This line
will hs foreclosed and the syndicate thus
take possession and reorganize. 1t Is re-
liablv reported that the Kansas City,
Plttsburg and Gulf has about concluded
financial ARRANGEMENTS for acquiring the
Omaha and St Louis line. extending from
| Council Bluffs. Iowa, to Pattonshurg MO-,
IA miles, at the coming sale under fore
| closure and that the Quincy, Omaha and
Kansas CITY line will be extended to n
| connection with the Omaha and st. Louis
| line at Pattonsburg.
| The Kansas City Pittsburg and Gulf
| enterprise has wealthy syndicate OF
| banking houses behind 1t. and 1t is extend
ing its lines rapidly in all directions. II Is
| said that the same syndicate winch he-
ures in the purchase Of the Omaha ana
| 81 Louis line and the Quincy. Omaha ana
| Kansas City line, has a plan for eNtenaine
| the Kansas City P.ttsburg ana Gun sys-
! TEN east of Quincy. 1t has peen stated
| that n new line will be built from quincy
| r. Reardstown TO connect with the Balti-
| more and Ohio. 1t has also been stated
| that a new line will be constructed from
| Quincy to Decatur to connect win the
| INDIANAPOLIS. Decatur and western, Inc
| latter. for several reasons is considered
| the probable route. ...
| can the writer's seem to have Forgotten
that not more than month ago t''e ~
diauapolis Decatur and Western was
sold to tho Chicago. Hamilton ana LAY
ton" said a railroad manager yest ,, ga
.1rh;s taken into consideration indicates
n short mileage line from Kansas CITY &c
Cincinnati. Now for another straw; one
n the prominent firms in the syndicate
which purchased the Quincy m ,,s nrr an Z
Kansas City Is Drexel Co. TINS nri -, =
largely interested in the che SAP. than ' ~
Ohio. What is more natural then thah u %
suppose the outlet from Cincinhau W."
he the Chesapeake and ONO! ~. Ia
now trunk line would extend froI.' ~, W.,
s aus citv to Cincinnati, to Newport New , W,
or Norfolk and Sabine PASS on the ne. @ tac
Of Me,aico. Such a line would be n's ar rar
TOR In the TRANSPORTATION OF <Ap''' s'"''
and hacking house products