Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-25
Railroad Miscellany.

Tickets from Saratoga to San Fran
cisco via Pacific Railroad, Sl75.
The indications are that there Will
be a heavy freightage business in grain for
the Louisville. Cincinnati and Lexington
Railroad this season.
In Arkansas arrangements have
been made to place a line of daily coaches
between Helena and Fort Scott as soon as
the railroad is finished to the latter place,
and thence to Baxter Springs.
The Atlanta Constitution of the Goth
saws: ave learn thai Foster Blodgett
Will, this morning, become Treasurer Of
the Western and Atlantic Railroad, vice
W. ". CLAYTON. removed. Judge Clayton
is a man whose u-nblemished reputation
and spOtIess honor is known OF all men,"
Col. c. G. Hammond, who vas APP
pointed General Superintendent of the
Union Pacific Railroad, has accepted the
position on condition that the differences
with the Central Pacific Railroad are com
promised, so as to admit Of far rates. The
companies have agreed to carry freight TO
New York at five cents per pound, green
backs; also to furnish emigrant trains at
$50 per passenger from New York, and S3S
from Chicago.
On last Friday the stockholders of
the above road held their annual meeting
Al N"laltntSLtE lOE Llt pun DOSt % I NiCNhAh5
a Board Of Directors. The old board,
with one exception, was elected, and IS as
follows: P. Fl. Marbury, w. 4. White,
Geo. NJ. Smart, W. II. Smart, W. P.
Hickerson, Chas. HickerSou, VIM. Moore,
II. H. Harrison, j. p. Thompson, Asa
Faulkner, ;. G. SMART, Sam Henderson,
L. d. Hickerson. /. T. Rhodes, r. T. Las
ater. Nearly all the Directors being pres
ent, they held a meeting Immediately
and elected the following officers: p. II,
Marbury, President; Sam Henderson,
Secretary; Asa Faulkner, Treasurer.
The Nashville Bonner of Friday
gayg: The stockholders of the Nashville
and Northwestern Railroad met at the
Circuit Court room yesterday morning, TO
elect a Board of Directors tor the ensuing
year. Mr.. John A. Gardner, OF Weakley
county,, was called to the Chair, and Mr..
John y. Moore, of Davidson county, APP
pointed Secretary. The following ticket
was elected without opposition: NJ.
Burns, w. f. Cooper, A. "a. Hicks, r.. G.
McNairy, w. j. Carter, e. d. Hicks, w.
K. Bang, Davidson county; Alvin Haw-
kins, Carroll county; John A. Gardner,
Weakley county; V. ). Allen, Carroll
county; Alfred ardner, Weakley county;
John f. Vincent, Weakley county; A. u.
kingmap, Fulton county, ky.} J. Il.
podds, Fulton county, Ky; Thos. r:
Gleason, Fulton county, by. The t9tal
vote cast for each candidate was 300. MIR.
John NJ. Lauderdale received a compli-
mentary vote.
The railroads in operation in the
United States during the year 1868, are
returned as having the length Of 42,259
miles. The statistics of the several States
which have over 1000 miles of railroad are
as follows: Pennsylvania 400 miles, II
linois $3.50, Ohio 2400, New York 340O, In
diana 200, Georgia 1850, Iowa 1850, Nir-
GINA 1880, Massachusetts, l450, Tennessee
IAO. Missouri 400, Wisconsin 1850, Mich
igan l2OO. North Carolina 1l00, and South
Carolina 1890. The capital invested in
railroads in the United States is placed at
| Il $50 600. 900, against S493, 000, 900 invested
in 1870 banks, distributed as follows:
$3.50. 900, 900 invested ia 1880 National
banks. and S67, 900, 900 invested in 24O
state banks. The earnings of the railroads
during 1868 are placed at S4Q0,000 200, or
$3.50. 900, 900 from freight and Sl20, 900, 900
from passengers. The earnings of the
banks are placed at from fifty to sixty
millions Of dollars per annqm, or from
ten TO twelve per cent, on the capital. Ehe
value of the property transported over
the RAILROADS IS not accurately known, but
in New York, in 1867, the railroads and
| canals carried oyer seVeateea hundred
million dollars worth ofmerchandise, the
railroads transporting 81, AS, COO, 900 worth,
and the canals S270,000, 900.