Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-01-05
RaiIroad InteIIirenca

CONTRACTS AND soTcK sxE4s@The PITTS
burgh, Fort Wayne and Chicago Railway
has contracted for Is new engines, and sold
stock to the amount of 81,
DIVIDEND DEoLARED.-The Michigan Cen
trail Railroad Company, some time since, de-
clared a s%emi-snnual dividend of Eve per
cent, net, payable January LIST.
WORK REsuMED. notwithstanding the
backset given to the construction Of the
branch road between Oberlin and Elyria by
the skedaddle of the contractors with more
funds than belonged to them, work has been
resumed.
SECOND SURvEYs.-A second survey of the
Detroit and Howell Road has been made,
running some distance north of the old
route. 1t is said that it will require less
grading than the latter. fr sfr
ANEW ROAD IN CoNTEHPLATIoN.-A project
is on foot for a direct road from Washington
to New York, which will cross the Susque-
hannah near the cOnestoga, and consume
but seven hours in the transit.
SPIRAL RAILRoAD.-CornWaI, Penn, re-
jOices in a spiral railroad to the top of Big
Hill, which is two and one half miles long,
passes around the hill twice-and-a-half, and
reaches an elevation of $50 feet 1sT
SALE OF A RAILROAD.-The Sandusky,
Dayton and Cincinnati Railroad, together
with all franchises, rights and privileges,
will be sold IN toto at public auction in San
dusky to-day. By order of the court, the
minimum price at which the road can be
sold is $75O,OOO.
ERIE RAILRoAD.-The Erie Railway has
just negotiated a loan of $4,sOGOeO, in Egg
land, for the completion of its double track.
The New York Tribune says:
The report of the Erie Railway Company
is not what Investigators looked for, but it is
as good as any railway managers expected.
increase in earnings is large, but the
advanced expenses have more han alb
sorbed them, and upon a gain in traffic of
1O9 there is a decrease in net income, as
compared with 1864, of $3s3,434. l,7.,I
NEw YoRK CENrRAL-From the annual
reports of this road, recently made, we CLEAN
a few items of general interest. The total
amount of capital stock is $24, sol, 900 90
ditto Of funded debt, sI4,627442 n. |
cost of road and eqdipment s3s,fOI,- |
'l9 Sc. Number of passenger, all classes,
S,7SS,26S. No. tons freight carried,
-,275,299. Earnings and receipts from pas
S4,52l,454 10; ditto from freight,
S,7I6,O27 So; ditto from other sources,
'67S,o42 70. Total, $685., ia So CPay-
nents for interest sinking fund, rent,
United States tax, sI,4s8,8O 40. Payments
or dividends 5 l,542,9S3 90.
& GREAT WESTERN RAILWAY
go annual election Of the At
- GO - Railway was held
Meadville on Tuesday, III tfsspipeelh
lie choice of the following named
zen as Directors: T.
S. S. LHommedieu, j. J. shyrock, A. W.
ernal, John Sherman, Marvin Kent, Gay =
rrd Church, VIM. Thorp, Pearson Church, a
ohm Dick, R P. BrainaTd, j. W.iTyIer, A. /
I. Alien, j. Grail, Jacob Riblet, c. " Culver, Il
harles Day, Henry Martin, 7. W. Ken J
ard, George R. Babcoeh, C. E.E. Blakesly,
amuel Wann.
For Board of Control lin Europe)-Sir-s. =
Iorton Peto, Bart, Chairman; S. Goodson,
50, W. Fenton, Esq, G. j. Kennard, ESQ., $
Robinson, ESQ, all of London, and
evils B. Mozeley, Esp Of liverpool. F!