The Sun.
London, England, 1868-06-17 00:00:00

RAILWAY INTELLIGENCE.

The Wall-street .Journal gives the following items
" THE UNION PACIFIC RAILROAD.—A despatch
from Omaha says this road now reaches 600 miles
west of that place, and is in running order to 50
miles beyond the highest ridge of the Rocky Moun-
tains. The rapid construction of this railroad is
one of the most marvellous feats in the chronicles
of engineering. Nothing like it in railroading'
was ever before accomplished. Sixty miles of track
have been completed since the spring opened, and
at this rate nearly 400 miles will have been laid down
before the end of the year, and the great turnpike be-
tween the Atlantic and Pacific opened next year, in-
stead of in 1870 aspromised. The enterpriseand ability
of a railroad management which has thus done
more than the strict scientific theory set for it can'
not be questioned, and it is not surprising to learn
that, even with an uncompleted track, the Union
Pacific Railroad is paying handsomely. The
great interests which are eag3rly waiting for rail'
road connection between New York and" San Fran'
cisco may well be satisfied with what these per-
formances promise.

The work of extending the Chicago, Rock
Island, and Pacific Railroad, west from Des Moines
to the Missouri River, is now in vigorou3 progress•
It was, on the 23d May, completed to and across
Raccoon River, lifteeen miles west of Des Moines,
and will be pushed to the Missouri in double-quick
time.

The New York and Oswego Midland Railway
Company will soon be commences, and the direc.
tors are preparing for a vigorous beginning of their
enterprise. A judicious use of aviilable means, it
is also said, will more than half complete the easter"
end of the road ; and it will be an unusual thing if
any serious difficulty is experienced in raising the
capital to finish it. It is confidently predicted that
we shall soon see the iron horse and coaches tra-
versing the interior of Sullivan county. lii the
meantime the company's agents arc active on the
line from Oswego to Sydney, in securing the right
of way. A party have made the locating surge,'
from Middletown west, and others will soon awl'
meuce the work from Sydney east, and upon the
various branches.

Horse Railroads are increasing all over the coun-
try. The latest railroad statistics that have been
published show that there are tow in the United
States 983 miles of horse railroads. Boston has
169 miles ; New York, 179 ; Philadelphia, 192
Brooklyn, 179.

The Illinois Central Railroad Company held its
annual meeting at Chicago, Wednesday, ISIly 271
and elected Jonatlian Sturgi3, A. S. Hewitt,
Willliam Tracy, W. D. Osborne, and George Bliss
directors. The contract with the Dubuque an I
S:oux City Railroad was accepted, and a stock divi-
dend of 8 per cent. declared.

Three new drawing-room cars, costing $15,009
each, are, soon to be put on the Hudson River and
central railroads. The body of each car is sixtr
four feet long. The projections of the platforro°
add about ten feet more to the length. Each Car
contains eight apartments, capable of accommo-
dating four persons each, and four large rooms,
suitable for an entire family. One of the larg°
rooms is set apart for the common use of all the
occupants of the car.
The following is a statement of the earnings per
mile of fourteen railroads for the first four month°
of the year :

,—Milesm ,—Earningr,
Railroads. 1867. 1868. 1867. 18:,
Atlantic and Great Western 507 507 $3,195 s3." 6
Chicago and Alton
9
2.
Chicago and North Western 1,152 1,152 2,432 3 "(,o'l
Ohio, Rock Island, & Pacific 410 452 ,07 2,6'"
Illinois Central
,3
ha
Marietta and Cincinnati 251 251 1 356 1,;.,i3
Michigan Central
Mich. South and North. Ind 524 524 2,648 2,1',11
Milwaukee and St. Paul 740 740 1,649 2.°‘,"/
Ohio and Mississippi
Pitts., Fort Wayue, and Chi 468 468 4,835 Nl'
St. Louis, Alton, and Ter
Haute 149
210 210 3,302 0,;79
Toledo, Wabash, and West. 521 521 1.971 2,1;:6
Western Union
..-
Total — ,g
6,576 6,618 $2,720 $2,9a

r
By the above table we find that, for the foil,.
months, the gross earnings average $2,939 Pt
mile, against $2,720 per mile for the corresponding
mouths of 1867, the gain averaging 8 per cent. it:
there is uo reason for supposing that the workil3P
expenses of the roads have been 'increased mate':
ally, in connection with this enlarged traffic, it is t"
be presumed that their business this year has bee°
unusually profitable.
In the earlier period under comparison thee
companies owned and leased 3,809 miles of road'
in the latter 4,254 miles. The yearly earnings 0f
and expenses of all the roads combined averaged Pe'
mile, for the respective periods, as follows :
Gross earnings. Expenses. Net earn'
1861-9 510,496 $5,708 $4,7,0
1866-7 15,696 10,816 4,3°
-
Increase in 1866-7 55,200 $5,138 sli6'
Increase per cent
It thus appears that while the gross earnings
been increased from $10,496 per mile to $15,0
per mile, a gain of 50 per cent., the expenses ha"
been from $5,708 per mile to $10,846, an increase
of 90 per cent., while the net earning' show 3°
average gain of $62 per mile or 1. per cent. Vir;
tually, therefore, the net earnings of the roads ar„
about the same per mile as at the beginning of tb°
war.