El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-09-17

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The Santa Fe company will soon put
down new steel rails on the Magdaiena
branch west from SocOrrO.
o. P. McCarty, assistant general pas
senger agent of the Southern Pacific,
has resigned to accept better position
with the B. & o.
The state board of equalization Of
Utah has reported its valuations upon
railroad, telegraph and telephone prop
erty for the present year. The total
amount is ST., 81 ,404 which is S26S. 59l
less than the previous year. Railroad
property proper amounts to about Sl2,-
900, 900, the remainder being street
railr Dads and telephones.
During the month of July, there was
a decrease in the net earnings OF the
Santa he road, over the same month Of
last year. The decrease in the earn
Ings was $50, l40. According to the
monthly report just made public, the
gross earnings for July were S4,594,-
23I, and compared with last years
showed an increase of 1929, 1913. The
net earnings for the month were S46l,-
757, while for July of last year they
were 1858, 1897.
A. S. G.: egg, chief clerk to General
Superintendent Sample. of the Denver
& Rio Grande railroad, has resigned
his position to accept the position of
trainmaster of the Santa Fe, Prescott
Il Phoenix railroad. Lester Brewer,
private secretary to Governor Adams,
has been offered the position left va
can't by Mr.. Gregg, and will, within
few days, leave the state capitol to &C
cept the latter place. A. S. Gregg has
been chief clerk to Superintendent
Sample for twelve years.
A special train with three coaches
arrived from San Francisco yesterday
bringing Fl. E. Huntington, assistant
to President G. P. Huntington, General
Manager Kruttschuitt, VIM. Hood,
chief engineer, Col. Herrin, and sever
al Others of the Southern Pacific COM
pany. 1t is understood that they come
to inspect the new grades and improve
ments on the section OF the road
through the Dragons and will visit
Bisbee and possibly take trip over the
Sonora road before they return.-Tuc-
son Star.
From railroad men and railway con-
structiOn men comes the Information
that as soon as the consolidation of the
Houston and Texas Central with two
or three branch lines is made, a date
near at hand, the Central will build a
line forty or fifty miles lOog from some
point on its line, either Dublin or AL
exander, to the Thur5er and Strawn
coal fielos This would give direct
and short line to south Texas for coal
from the Texas and Pacific coal mines
and thoss of the American company.
This line was prof some time ago,
but when the business depression
struck the country it was held in abey
auce.
j. Z. Morgan and company, as mana
gers of the Re aiding reorganization I'M
derwriting syndicate, have sold to a
syndicate represented b. l.. Won Hotf-
man and company So 200, 600 of Reading
general mortgage 1 per cent bonds.
This sale disposts of the last of the Sec
turtles acquired by the Reading under
writing syIs cate, and in consequence
he affairs of that sy Indicate will be
wound up in the near future. It is I'M
derstOOd that the purchasing syndicate
will not make public Offering of the
bonds it has acquired, but will dispose
of them at private sale. A large
amount of them have already been
marketed, both here and abroad.
A new Southern Pacific circular has
the following interesting information:
Effective September 20, will adj
vance rates on whole barley, bone
black glue, canned goods, quicksilver,
tallow, wheat, mustard seed, rice and
infusorial earth. from California points
to New Orleans and New YORK 10
cents per 100 pou ud-; making the rate
on the Sc com modities 60 cents per 100:
rate on canned goods to Galveston and
Ho lston will be similarly advanced 10
cents per 100 pounds "
These increases are made, SO state
the Southern Pacific freight people, on
account of their having been low so
long 1t is the old rate restored, and
no protest is expected from the ship
pers.
The Colorado Midland management
is practically making the announce
ment that the Busk tunnel will be
abandoned by Oct. 1 a.d Midland
trains run thereafter over The Hager-
man pass line, as they were run before
the tunuel was bored. 1t is not impos-
sible, however, that satisfactory ar
engagements may be made to continue
using the tunnel. While part of the
Midland system, the tunnel is the pro-
perty of q separate company, to which
the railroad company has been paying
the equivalent of per cent. interest on
81 ,25O 900 OF bonds as toll for the use
of the short cut. Now the Midland Is
in the throes Of reorganization and it
Is desired to reduce the toll for the use