The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-03-18

I'll
The report of the Southwestern Railroad and
Banking Company shows that the gross receipts for
freight passage and the mails from LIST January ls45 to
LIST January 1896 amount TO $3.50 H. while the cur
rent expenses fer the time TO- leaving
net profit for the past year. OF s6s 962 g. of which
two dividends have been paid to stockholders Of STAT sOo
leaving balance for tho improvement Of the road Of
o. The number Of bales Of colt IN received the
past year amounts to sls7 e57 bales while the QUANTITY
Of packages of merchandise shipped sums IN $50 les
Tho total number Of persons travelling between Charles
ton Hamburg and Columbia, is reported as So 1885, for
which the company received Sl6i o. The route Of
now road diverging from the Columbia Branch TO run
to Camden. has been surveyed and the cost Of it, est
mated 500 has been already subscribed for and
the work commenced. There is now continuous line
OF rsilroad, from Charleston penetrating into Georgia
1888 miles.
There must be before the lapse Of many years. con-
tnuous line of railroad from the Atlantic to the Misss.
sppi bill has lately passed the Legislature Of Mis-.
sssippi authorizing the construction Of q railroad
through thai State to the eastern line The road
mences at Jackson the seat of government Of Misss-
spp and connects with the railroad from vcksburg,
on the Mississippi river-from Jackson, it viii perhaps
through the counties Of Rankin Scott Newton and
Lauderdale and contiguous to simpson, Smith, Jasper,
Clarke, Leake, Neshoba, Kemper, Winston, Noxubee.
and will also oe outlet for the trade OF Columbus
Lowndss county, all in the State Of
it crosses the Alabama State line into Sumter and
through Marengo, Perry, Dallas Antauga and Mont.
gomery counties, Alabama, embracing the wealthiest
and most productive counties in that State At Mont
gomery, which il selected the seat of Govern
ment Of Alabama there will be two routes coming to.
gsther towards the west being the road from
Charleston and Hamburg to Atalanta in Georgia, and
from thence to West Point, the Chattanoo ga,
the line between Georgia and Alabama; and from
West Point to Montgomery the railroad 10 now
In progress, and nearly forty6ve miles completed
The other route Is from Savannah Georgia, by the Cen
trail Georgia Railroad to Macon Georgia; and from
thence the Georgians are about to make road to
Columbus on the Chattanooga, and thence from Grard
opposite Columbus, to Montgomery; and from Montgo.
merry to Vicksburg will be the Southern railroad By
the completion of these roads to Montgomery the At
antic and Mississippi will be united both from Charles
ton and Savannah The two per cent fund Of Mssissp
pi about $500 900, given by Congress to this road,
has been appropriated in the bill $4,000 Of the same
fund in Alabama has been loaned to complete
the link between West Point and Montgomery,
which il to be part of the great route A bill ID
now before Congress to grant the alternate sections
public land for Eve miles each side of the road which
will, without doubt pass similar grants have been
before made With these aids in connection with the
ability Of those interested in completion Of the work
the means to construct cannot be wanting 1t is ESQ
miles from vicksburg to Charleston and Savannah; and
more than half the distance between vicksburg and
Charleston already covered by railroad there being
but two hundred and thirty miles to foish Il
make the connection complete. The citizens o
the three States, (tbe entire breadth of which
these roads will travsrse,) we feel confident will
permit the lines to remain long in unfinished condi
tion when connection would increase their produc
tiveness and the prosperity of the sections through
which they pass rapidly.
The report, Of the Quebec Bank, for September ant
December 1885, and for February, 1885, present the
nexed comparative statement :