The Sun.
London, England, 1858-01-21 00:00:00

rbirb Wibttion

SUN OFFICE, S x o'Clock.

TATTERSALLSI--(This Evening.)

CHESTER CIIP.
25 to 1 on The Field (~ffeied).

We are requested to state that Thorehill will pay
orfeit.

NAVAL APPOINTMENTS.—(This Day.)

The following appointments w-ra made this afternoon
at the Admiralty

Surgeon Superintendent—John Bower, to the Lord
Baglan convict ship.

The good service pension vacant by the death of
Admiral Downman has been given to Vice-Admiral
Sharp.

PROGRESS OF THE RUSSIAN RAILWAYS.

The Russian railways are making favourable pro-
gre,:s. The work of construction has been for some
time organised under the supreme control of M. Col-
lignon, Inspector-General of Ponts and Chaussees.
A section of nearly 140 kilometres (17 miles), from
St. Petersburg to Longa, was opened in Dec., and
is in complete working order. A second section of
similar length, from Longa to Pskow, has been en-
tirely finished during the season, and will be open
to the public in the spring. In a short time, another
section of 50 kilometres (31 miles) now commenced,
will be completed ; so that before the end of the
year the journey from St. Petersburg to Warsaw
and Berlin will be already shortened by 25 to 30
hours. At the same time, while hastening the con-
struction of this line as far as liceniusberg—which
will be finished by the end of 1859 or the beginning
of 1860—the company are preparing plans for the
remaining sections ; the most important of which
will be commenced in 1858, and rapidly completed.
Tho result of the first undertaking is stated to Le
decisive as regards facility of execution, plans,
labour, and materials. Surveys, more complete than
the earlier projects of the Russian engineers, have
led to advantageous alterations. Upon a single
section of the western line the company were able to
collect 15,000 to 18,000 workmen, but refused a
like number, and could easily have procured treble
the amount had they been required. Several native
and foreign contractors have offered their assistance,
and the engineers and agents of the company find
valuable and extensive co-operation among the
population and h cal authorities. The result of the
labours of the past season is highly favourable, both
as regards the progress of the works and the suffi-
ciency of the capital guaranteed.
In order that the importance and utility of this
enterprise, embracing a group of 4,200 kilometres,
may be understood, it will be sufficient to state the
direction of the lines, indicating each by a few
words.

1. St. Petersburg to Warsaw and the Prussian
Frontier.—A communication between the capital
and Germany and the rest of Europe.
2. Moscow to Nijni Novogorod.—A junction •f
the Volga and its immense navigation with Mos-
cow, St. Petersburg, and the Baltic ports.
3. Moscow to Theodosia.—This line traverses for
about 700 kilometres (438 miles) a corn exporting
country, touches upon the coal pits of Donetz and
the salt-works which supply a large portion of the
empire, uniting by the shortest line St. Petersburg
and Moscow with the Black Sea. _

4. Orel to Liebau.—Connects the centre and the
Terres-Noires* with a port on the Baltic open the
whole year, and destined to become the greatest
commercial 111 tery of Russia.

The financial position of the company is excellent;
the shares are in increased demand, for in foreign
markets and in Russia the undertaking is received
with so much favour, and disposable capital is so
abundant, that nearly a fourth of the 600,000 shares
of the first issue have been paid up in full by th•
subscribers, who have thus paid in advance 45 mil-
lions of francs.

The total capital is guaranteed 6 per cent, by the
Russian government under contract, so that what-
ever saving the company may effect in the works
will be equivalent to an additional guaranteed in-
terest. Should circumstances require it, the opera-
tions may be confined to a portion of the group
without any alteration being made in the terms of
the concession.

The net revenue of the entire capital has been
estimated by the engineers charged with the sur-
veys at 10 per cen►., which, taking into account
that half of the capital is to be created in obliga-
tions, would return 12 to 13 per cent.
This estimate refers to the working of the first

few years.
The deed of concession gives the company every
desirable facility for development of the traffic. It
grants power to possess and work mines, factories
and forests, and tbe right to organise a transport
service on the rivers and the sea in correspondence
with the railroads. The latter privilege is of cobsi-

derable importance in a country of unlimited pro-
duction, called npou ti supply the agricultural
wants of the whole of Europe, and which is divided
by soil and climate into distinct zones that can
alone exist by the exchange of their products.

* Steppes of Southern Russia, of a rich black soil.

Racing Fixtures for 1858.

FEBRUARY.
Lincoln ll I
Derby Spring
Nottingham Spring 16
MARCH.
Beverley Spring
Kipling Coate::
Northampton
Coventry
Croxton Park
IL.

Liverpool Spring 2
Ludlow Spring 4
Doncaster Spring 9
Think Spring ll
Warwick Spring l6
AP]
Richmond Spring 1
Newmarket Crave❑ 5
Durham 5
Catterick Bridge
York Spring 13

Malton
Epsom Spring
Newmarket F S
Plymouth Spring
I Salisbury
.AY.

Chester
Bath
Harpenden

....11
....14
JU

Epsom
Alanchester

A,cot 1
Hampton
Newton 9
Beverley Summer 16
Bi bury Club l6
Stock bridge l7

Winchester lB
Chelmsford 22
Newcastle-on-Tyne 22
Abingdon 24
Carlisle 29
Shrewsbury 29
Liverpool l4
Nottingham 26
Goodwood 27

Ipswich 1
Pontefract ... 1
Newmarket July 6
Worcester Summer 8
AUG

,UST.
I York
Radcliffe
Egham
Hereford
Stockton
I Lichfield

R'pon...
North Staffordshire 3
Brighton
Brighton Club
Lewes
Wolverhampton
Reading ll
SEPTE
Derby
Cardiff ...
Warwick .
Doncaster .
Leicester

MBER.
Monmouth ... ..........
ManchesterAutaran...•
Newmarket F 0.........
Walsall ....................
Northallerton ...........
)BER.
Newmarket S 0 ........
Warwick Autumn .....
Newmarket H............
MBER.

, 14
, 22

Chester Autumn ......... 5
Richmond .................. 7
Wrexham .................. 7
__-

NOV E

Worcester Autumn 2
Liverpool Autumn

Shrewsbury Autumn

Irish Racing Fixtures for 1858.

MARCEL
Howth and Baldoyle Spring ............ —l7
_ __

APRIL.

Curragh
MAY.
Howth and Baldoyle Summer 18
JUNE.
.22 I Trainore
JULY.
.......................... 7 I Wicklow
20

Curragh

Down Royal

orp ......
AUGUST.
Heath of 111aryboro' ...... 3 I Galway
Roscommon ...............10 1 ..
SEPTEMBER.

Curragh 7 I Jenkinstown Park .
Silken 4 1 Johnstown
. ..........

OCTOBER.
Cashel
Curragh 12 1 Limerick