Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-02-22
PERSONAL AND GENERAL.


The Louisville and Nashville railroad ex-
tension, known az the Pensacola and Atlantic
railroad, has been completed to the Chatta-
hoochie river, where it connects with the
system OF roads already in operation in
Florida.
A DISPATCH from New York yesterday
Htates that owing to the indisposition of
Commissioner Fink their passenger agents
decided to defer the meeting until next
week, when the general mans gers will meet,
and will devote several hours in the dis-
custom Of the question of freight rates.
The railway capital raised in Europe in
1882, according to the Belgian MoniLettr de5
Intersts Nat1iel, was S564,084, 900, 1884,.
100000 of which was for America, while
S225, GOO, 900 was for Great Brit ain and its
colonies. The Russian roads raised S25,-
100000; Holland and Austria Hungary each
about Sl6,O0O,OO0.
THE New Orleans Times Democrat says:
"The levee in the vicinity of st. Gabriel,
which threatened TO break a short time ago
and deluge the adjacent plantations and in
jure the work ON the New Orleans and Mis-
sissippi Valley railroad, will be placed 10
thorough order by Thursday next today.
Col. s. L. james now has q force of 400 con-
victs at work, and dirt is being moved in
quite rapid manner"
The estimated earnings of the Illinois
Central railroad, including 919 miles in IL
linois, 402 miles in Iowa and 57S miles of
the Southern division, for the month Of Jan
nary, 1888, are 81 ,058,620; 1882, 81 ,019, 452;
increase, 500, 1853. The amount from lands
sold during January, 1888, is S17, 547; the
collections for the month OF January, 1888,
S16,940. The regular semi.aDnual dividend
OF 81 per cent and also an extra dividend
Of I per cent. from the earnings of the
Southern division for six months ending
December 81, II 49,, will be paid on March /,
1888.
Mr.. G. P. HUNTINGTON is authority for
tbe-ststenaent- hat -hAi.s-vi-t4ru -iate
Charles Morgan have sold their interest IN
the Morgan Louisiana and Texas K ,ilrosd
and Steamship Company, which embraced
the Houston and Texas Central railroad. II
is stated in an intelligent quarter that the
purchase was made by Messrs. Huntington
aud Gould, The price paid being 81 $780, 900.
Mr.. Gould takes the Houston and Texas
Central railroad and Mr.. Huntington Nor
gan's Louisiana and Texas and the steam
ships, needed by him as connections and
outlets for his Southern Pacific railway
system, and which embraces con-
uuous line OF railroad from San
Francisco 10 VermilIionville, La. Nor
gan's Louisiana aud Texas railroad is its
New Orleans connection from Vermilion-
vile. A line has been surveyed, knoa as
the Louisiana Central railroad, from Yer
millionville to point on the Mississippi
river, opposite Baton Rouge, distance OF
SO miles, bat it is said to be impractic able
of construction, as il runs for the greater
part of the distance through a bottomless
swamp. With Morgan's line Mr.. Hunting
ton secures a deep water outlet on the gulf
at New Orleans, and connection for his
through system al Newport News, Va, which
will be made by the Chesapeake and Ohio
and Southwestern railroad, which ia now
being extended down the Mississippi valley
toward New Orlsans.