The Sun.
London, England, 1867-09-24 00:00:00

RAILTVAY INTELLIGENCE.

• The Union Pacific Railroad is now completed
460 miles west of Omaha, and it is expected the
track to the Rocky Mountains, 517 miles, will be
finished in about a month. The net earnings of the
road for the quarter ending July 31 were $485,789,
exclusive of $479,283 charged to the contractors for
transportation of men and materials. The Cali-
fornia end of the Pacific Railroad is also being
rapidly pushed forward. The Summit tunnel
through the Sierra Nevada mountains, 1,658 feet
long, through solid granite, is entirely completed,
and the track on the eastern slope of the mountain
is now being laid.
THE MEMPHIS AND Onlo RAILROAD.—Governor
Brownlow, of Tennessee, has taken possession of
this road on behalf of the State of Tennessee, as
first mortgagee. The company, among some few
others, failed to provide their quota of July interest
on the bonds of the State advanced for the con-
struction of the road. Governor Brownlow has
acted with decision and promptness in all cases of
default, and the State has possession of the roads
and the equipment as security for $13,000 per mile ;
the average cost of building and equipping having
been over $30,000 per mile. The taxation on the
real and personal property of the whole people of
Tennessee is very large, and the revenues from this
source into the States Treasury are in pledge as
further security for the half-yearly interest on the
State Bonds, including the railroad debt where the
railroad companies default in their respective
quotas.
A TEXAS PACIFIC RAILROAD.—Judge Paschall,
a prominent Unionist of Texas, has written a long
letter to the Galveston News, in relation to a rail-
road enterprise which concerns not only Texas, but
the whole country. The great railroad project which
is at present engaging the attention of Judge Pas-
chall and other leading Texans, as well as of capi-
talists in other States, is that of a road from a point
on the Rio Grande between El Paso and El Presido,
teoaste
Grn"c coast a port on the lower end of the
of the Gulf of California. East of the
Rio Grande there are likely to be several feeders for
sitsh et
oS
bo South-West th West Pacific Railroad
built- in a south-westerly
it
oh i;irios
suot.
wObniez
his
direction through Arkansas, Either in Arkansas
or Texas its line will cross that of the Memphis, El
Paso and Guyamas Railroad, -which is to run through
Little Rock, in Arkansas, and Monroe in the north-
west corner of Louisiana, to Jefferson, in Texas,
which is reached by river navigation from New
Orleans. It is expected that a line from the latter
place will meet this road at Jefferson, of further
west. These lines will thus converge and unite

through the greater part of Texas. One route may
diverge to San Diego, in California, and another to
Guyamas. In addition to the great " feeders" we
have mentioned, it is likely that before many years
the projected road from Lawrence, Kansas, to Gal.
veston, will be built. Whether Guyamas or San
Diego, or both, be selected the western terminus of
the South-Western Pacific Railroad, the route is one
which has many and manifest advantages. It is the
opinion of many of those who are acquainted with
the proposed line across Mexico, and with that to
San Diego, that the former is decidedly the better
of the two. We are told on good authority that
the route across Mexico presents few engineering
difficulties, and passes through a region abounding
in wood and water, while the inhabitants are friendly
and peaceable. Guyamas is one of the best ports
on the western coast, spacious, and with water
enough to float the largest ships.
At a special meeting of the stockholders of the
Western Railroad on Wednesday, Sept. 4, at Boston,
the long-pending question of consolidation was dis-
cussed, and the following vote was accepted unani-
mously :—" Voted, That the stockholders of the
Western Railroad Corporation agree to unite and
consolidate the same with the Boston and Worcester
Railroad Corporation, in accordance with an act
passed by the General Court of the Commonwealth
of Massachusetts, entitled an act to authori3e the
extension of the Western Railroad to the City of
Boston, and for other purposes." The property of
the Western Road amounts to about $11,000,000,
to be divided among 87,000 shares ; the Worcester
to about $6,000,000, held by 50,000 shareholders.
The net earnings of the Western Railroad for the
last three years have been $1,270,720 43 ; Wor-
cester, $501,907 63. Capitalise these earnings at 8
per cent.—the same system by which the Cleveland
and Erie and the Cleveland and Toledo have been
joined—and we have a total capital stock for the
Western of $15,884,000 ; for the Worcester of
$6,311,347. After deducting all its debts, the
Western would have a clean capital stock of

$13,356,880.
At the election for directors of the Albany and
Susquehanna Railroad Company, held Sept 3, 1867,
the following were elected for the ensuing year :
Joseph H. Ramsey, Jacob Leonard, Peter Cagger,
Jeremiah Austin, Albany ; Millard harder,
Cobleskill ; John Westover, Richmondville ; John
Cook, Worcester Jared Goodyear, Collierville ;
Eliakim R. Ford, Oneonta; Samuel North, Una-
dilla ; Ira E. Sherman, Sidney ; Alonzo Everts,
Binghamton ; Daniel Drew, New York.
The IVall-street Journal has the following items
of railway intelligence :
Ohio and Kentucky are now united, not only by a
bridge, but by a horse railroad. Cars run across
the great bridge between Cincinnati and Covington,
starting every ten minutes. From the Ohio side,
across the bridge, through Covington and return,
the circuit is nearly three miles.
I The extension of the Cincinnati and Martinsville

Railroad, from Indianapolis to Vincennes, is now a
" fixed fact." A porMort of the line from Indiana-
polis and Gosport has .1.111 .ady- been surveyed, and a
contract entered into to complete the road to the
last-named town by the 1 st of January next.
The report of the Bus ton and Maine Railroad
Company for the year .ending May 31st, 1867,
gives the following figures :

Gross revenue from all sources., 51,620,667 66
Expewes, including taxes of all. kinds 1,112,971 90

Not profits
Divided among stockholder5...

Remaining unlivided

$92,134 76

The length of the road cc nstructed by the cor-
poration is about 83 miles. !This includes the Med-
ford, the Methusea, and the Great Falls branches.
The whole length of the road now actually operated
by us, say the directors, including the Danvers, the
Newburyport, and the Dover and Winnipisiogee
Railroads, is about 145 mil es. There is a double
track from Boston to North. Andover, a distance of
about 28 miles. The remainder, with the exception
of the usual turnouts and sidings, has a single track
only.

The Columbus, Tifllin, and; Tolede Railroad Com-
pany has been incorporated_ with a capital stock of
$1,000,000. The incorporators reside in Sandusky,
Seneca, and Crawford counties. The line of the
road is to pass through Franklin, Delaware, Mor-
row, Crawford, Seneca, Sand usky, Otawa, Wood,
and Lucas counties.

The Kansas Pacific Railroa d Company have made
a proposition to Leavenworth County, to build the
bridge across the Kansas River, on condition that
Leavenworth County will surrender her $200,000
of stock in the Union Pacific Railway.

THE PROPOSED PORTLAND OGDENSBURGH .AND
OSWEGO RAILROAD.—HOD.. Gerrit Smith, of New
York, addressed a large meeting at the Merchants'
Exchange, Portland, Maine, on August 28th, in
favour of this road, urging it strongly.
RAILROADS IN LOUISIANA.-At present the
lowing comprise the railroads in the State :—Baton
Rouge, Gross Tete, and Opelousas, from West
Baton Rouge to Gross Tete, a distance of 17 miles ;
Clinton and Port Hudson, from Clinton to Port
Hudson, 22 miles ; Mexican Gulf, from New
Orleans to Proctorsville, 27 mils ; Lake Ponchar-
train, from New Orleans to Lake, 6 miles ; New
Orleans, Jackson, and Great Northern, 80 miles ;
New Orleans and Carrollton, 15 miles ; New
Orleans and Great Western, from Algiers to Frank-
lin, 80 miles; Vicksburg, Shrevesport, and Texas,
westward, 75 miles ; West Feliciana and St.
Francisville, to Woodville, 26 miles.
A powerful locomotive has just been built for the
Camden and Amboy Railroad. It is a ten-wheel
engine, having six drivers 41 feet in diameter. The
cylinder is 17 inches in diameter, with a stroke of
21 inches. It is intended to draw a train of 100
cars laden with coals.