Weekly North Carolina standard. [volume] (Raleigh, N.C.) 1850-1858, 1857-10-14
Raleigh and CASTOR Railroad.

AUTHORIZED PUBLISHERS OF LAWS
Raleigh and Castor Railroad.
meeting of the directors of this Road was held
in this City on Tuesday last-present, DR.. W. j.
Hawkins, President, and Messrs. Alfred Jones, Geo.
W. Mordecai, G. H. Wilder, John G. King, Thomas
Miller, and Allen c. Perry. .
We learn that dividend of six per cent. was de-
clared for the past year, amounting to about $751;
OOO of which the State will receive about $4,000.
The sum of $4,000 was also carried to the sinking
fund of the Road, which is now about $2S OcO This
fund is accumuating for the purpose of dischargng
the debt of the Company of $780, 900. The debt of
the Company at this time is, therefore, really only
$72, 600.
We learn that the current expenses of the Road
for the past year were $9S,Oo0, and the extraordi
nary expenses, on account of repairs between Gas
ton and Weldon and the CASTOR bridge, S66,o0o.
The income of the Road the past year 1904 900,
being increase of about $21 600 over the preced-
ing year.
But for the extraordinary expenses referred to,
dividend of six per cent would no doubt have been
declared for the fiscal year preceding the one which
has just expired.
The Road is now in excellent order-the freights
and travel increasing; and its marked prosperity
furnishes the best evidence of the able and energetic
manner in which its affairs have been conducted.
We learn that the Castor bridge has been so far
completed that the are passing it, meeting
the Petersburg cars. The understanding that
the old Greenville Road to be repaired and laid
with heavy iron soon the CASTOR bridge was
finished, as thereafter practicable; but
there indications yet, we learn, of the con-
templated and much needed improvement in the
Greenville Road.
The $50, 900 above referred to as the States por-
ton of the Raleigh and Castor dividend will be the
first item of income of the Sinking Fund authorized
by the last Legislature If the North Carolina Road
should declare dividend, during the ensuing winter
spring, of six per cent on the States million OF
preferred stock in that Road--and the general i'm
preston seems to be that it will do this, and proba-
bly, more-the Sinking Fund will amount, by the
meeting of the next Legislature, to between one
hundred and twenty and hundred and fifty
thousand dollars '-.~....
SLAVERY IN OREGoN.-A Convention to organize
State government for Oregon in session on the
goth of August. 1t is stated that the President o.
the body is pro-slavery man, elected upon that
test by large majority. 1t was thought that 9
slavery clase would be introduced into the new con
are that the farmers and families want helps"-
the Yankee term for servants-and that it is impos
sible to secure heps" without slavery. 1t is alst
urged that Oregon is peculiarly adapted to the cul
ture of hemp and that by slave labor this staple cal
be produced in great abundance, and they can com
pete in the hemp markets with other portions of tn
world
We give these statements for what they are worth
but we do not think it probable that slavery will b
established in Oregon. By the repeal of the Mis-
souri, restriction, however, which was the work G
the national Democratic party, Oregon has bee
opened to Southern men, and slavery may 60 there
provided the soil and climate should be found adaI
ted to it. --,.----2@
The October Elections.
The elections in Kansas, Georgia and Florida too
place on Monday last
In Kansas members of the Territorial Legislature
county officers, and delegate to Congress were t
be elected We have no intelligence from Kansas
Georgia was to elect Governor and eight men
bers of Congress The candidates for Governo
were Hon. Joseph G. Brown, Democrat, and Benjs
min Fl. Hill, Esq, K. N. The returns thus far re
caived indicate tha election If the Democratic cand