The Sun.
London, England, 1867-11-23 00:00:00

rARNIN.Gs.

Freight transportation -----
5112,242 84
Passenger transportation
Mail, U. S. transportation
Express transportation, Wells, Fargo, and Co 1,400 00
C. P. R. R. Wharf at Sacramento, discharging
schooners, Ix.
Miscellaneous

Total 5181,207 25
OPERATING EXPENSES.
Station, train, and wharf service
Locomotive service
Repair of track, buildings, engines, cars, &e 10,381 07
Office expenses, stationery, printing, telegraph,
and miscellaneous
Damages, freight (lost), "stock killed"
Taxes, U. S. Internal Revenue

985 79
508 88
927 38

Total 533,338 22
These results may seem almost incredible to per-
sons unacquainted with the extent of the traffic be-
tween the Pacific coasst and the great mining
regions of the Interior Basin ; but it should be un-
derstood that the 150,000 adult population, scat-
tered over nearly 200,000 square miles, are mainly
dependent upon this single line of communication
for their supplies, machinery, &c. Upward of
$13,000,000 in gold were estimated to have been
paid in a single year (1863) for team-freights, ono
way only, across the Sierra Nevadas. The popula-
tion and the production of these important regions
bearing the precious metals have steadily in-
creased since that time, and a still more active set-
tlement is awaiting the further extension of the

railroad.
The company is justified in charging the; maxi-
mum rates-10 cents per mile for passengers, and
15 cents per ton per mile for freight—and these are
cheerfully paid, being less than one third what was
formerly paid for far less expedition, comfort, and
security.
The eastern terminus of the track has been
throughout this period at Cisco, 94 miles from Sa-
cramento, and nearly 6,000 feet elevation above sea
level, and the earnings will be immensely increased

when the track is extended entirely across the Sierra

Nevadas, which it is hoped may be done during the
present year. The Great Summit Tunnel, the last
and most important on the line, was opened in
August last. Twenty-five miles on the eastern
slope, following the valley of the Truckee River,
have been graded, rails laid, and a locomotive placed
thereon, which are now nearly ready for the
inspection of the Government Commissioners. All
the available force is now being concentrated upon
the intervening section of 11 miles, between the
completed portions on each side of the range, which
is in a forward state; and it is thought the whole
distance between the navigable waters of the Pacific
and the populous counties of Western Nevada, in
the Salt Lake Basin, may be successfully and re-
gularly operated during the current year. Nearly
10,000 men arc at work, and iron, materials, and
equipments arc at hand for 360 miles.

The importance of this achievement, and the
financial resources of the company, as well as their
future prospects, may be understood when it is
known that nearly half the entire cost of prepar-
ing the road-bed on the 800 miles between San
Francisco and Salt Lake is concentrated upon the
1.50 miles now nearly finished and paid fur.
The company has overcome the only
.consider-
able obstacle on their portion of the National
through-line, and will commence the easier work
of building the 680 miles of light grades across the
great basin under the most favourable auspices. It
is an important fact, that along this portion of the
line there are no Indians, and consequently no
trouble from their hostility ne.A be feared by
this company. The business between the
Pacific coast and the great mining regions
of Nevada, Idaho, Utah, and Montana,
is already very large, and will be proportionately
profitable with that over the mountain section.

- The Government subsidy between the two ranges
of mountains is $32,000 per mile, which is more
than the estimated cost of construction. By be-
coming a joint investor in the magnificent enter-
prise, and by waiving its first lien in favour of the
first -mortgage bondholders, the general Govern-
ment, in effect, invites the co-operation of private
capitalists, and carefully guards their WWII:8W
against ordinary contiDgoacio..