The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-11-03
SOUTH CAROLINA RAILROAD.
To al. $2s, 322 % 4o,S
Incresss n, taae eli


This increase is equal to about forty cent At this
rate the increase for the yearw be sufficient pay the
current expenses of the line. We have noticed that all
the Southern railroads have, within the past year.
allied greater per cent increase than any at the NORTH
with one or two exceptions. This fact is of itself su
cien to show that these roods rapidly improving the
condition of the people of that section of the country
by developing their resources and bringing the sx
trsmes parts Of the interior which have heretofore been
completely shut out from any communication with the
seabo ard within few hours travel of each other
Railroads work wonderful revolutions in the face Of the
country through which they pass. Villages spring up
in every direction, and these lines create the business
by which they progress and prosper. There is not 81
railroad in this country the local travel Of which will
not net handsome dividends their but we
cannot expect this until the country becomes more
densely populated. That time is rapidly approaching
Some of the roads Of the Eastern States already able
pay large dividends from their local travel those Of
this State do to extent while those connected
with this city will before the lapse of many months,
command local and through business more extensive
than any other roads in the country, either Of which
would alone make them profitable investments at pr.css
much above their present value.
The railway rania Of Great Britain has been gradu-
ally subsding and we have doubt will result in the
construction Of many very important lines of tksse roads
Tho annexed statement exhibits the aggregate length of
the lines passed at the late session Of Parliament which
received the royal assent the amount of capital stock
money authorized to be borrowed and the parliamentary
deposit required
CosrEArIArrD RALwar, o. GRAZ BsIrAIS-Asrser
THE eEssIoN OF 1856
f sisss 8 ssfs' b1:"s
, sss mile mile. sssssss is ,s s:ss
Total. .ss72,. miles 9o,54o,sss ssss.s2s a.rH,M
Capital stock authorized BY the above $50 $40 ,a
Amount authorized to be borrowed beyond the .o go
capital. ...........-......... Hsss Wv
Total amount authorized to be raised. Gin, ISL
the Accountant Generals hands. ......... ft,N,so
Length OF lines. ............... @7H miles
This provides for expenditure Of than thirty
Eve thousand pounds or one hundred and seventy five
thousand dollars per mile, amount sufficient to con
struct at least miles Of road in this country Not
withstandng the immense outlay of the ralrssd compa
MES of Great Britain, in the construction and furnishing
of their roads, they able to declare good dividends
as the proportion of expenses receipts is full as fa
vorable as the roads Of this country.
The Great Western Railway Company of England
have recently paid dividend at the rate Of eight pc
cent per The aggregate liabilities Of this com
pany amount to about thirteen miIIons sterling, equal
about srfy five millions Of dslisrs The receipts Of th
and those Of the corresponding half year of ls45 on
fass 2o7 showing increase in the gross income in s
months Of foslsi. The expenditures in the first hal
year of Is46 klss o2l while those Of the CORES
pondng half year of ls45 Sl5s $780, showing in
of sal 1850 making net increase in the incom
Of fsls7e 1t will be interesting to compare this state
ment with those of our most extensive companies.
will be long time before any railroad in this eount
will do business equal to this, but the time is comin
when 1t will be realized We annex q comparative ia
BILE, showing the gro" receipts Of of the railroad
companies of Great Britain for week In September
this year and last