The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-06-24
RAIL AND CROSSTIE.

The Southwestern railroad has declared
a dividend of So so per share, pa yable on and
after June 49, Stockholders receiving their
dividends in Macon will be paid at the Cen
trai Georgia bank; those of Savannah. at
the Central Railroad bank.
For number of years the Central rail
road and the Atlanta and West Point rail
road have been using six miles of the same
track between Atlanta and East Point.
This partnership business will soon termi-
nate. Last week a large force of hands
was put to work grading q road bed be-
tween East Point and Atlanta for the At
lanta and West Point road The Atlanta
and West Point will be using a track of its
own between Atlanta and East Point in
sixty days.
A London dispatch says that large orders
for railway material are being received in
England from Japan, one of which includes
ten engines, 100 cars and 1000 casks of
cement. A cargo of steel rails is on its way
out, and many other orders are in various
stages of completion. Prior to three years
ago these orders all came TO the United
Kingdom. During the interval they went
to Germany and France, and now thew
have returned to the United Kingdom
again.
The Railroad Gazette. apropos of the
statistics published by the Archiu fur
third of the worlds railroad mileage has
been built since 1880. "Of countries with
any considerable mileage the development
has been most rapid in the Argentine Re-
public, with "a per cent increase in four
years. Next come Brazil, Australia. Brit
ish America, British India and Mexico.
The United States is passing from the ranks
of new countries to those of old ones. and
its railroad increase during the period in
question, though enormous in aggregate
amount, was in ratio only trifle above the
| average for the world as a whole. OF the
| more important European countries. Italy
shows the greatest ratio of increase. being
scarcely behind the United States in this
respect, 1t is followed by Austria, France.
Russia, Germany and England, in the
| order named. The increase in railroads in
England now amounts to little over l per
cent. annually" 1t Is notable that the
United States has 4 "A miles OF railroad
for every 100 square miles of territory.
which is better average than that of
Europe as whole. If we compare mileage
with population the results are reversed.
Here we find the highest ratio in Australia.
with an average of q miles of railroad to
every 10000 inhabitants. In British
America the ratio is almost the same. In
the United States it is computed
at 2519 miles of railroad to iOOO0
inhabitants. In the Argentine Republic
the ratio is fully half that in the
United States. In no part of Europe is it
much over one-third, and in Europe as a
whole only about onerseventh, or less than
four miles for every 10000 inhabitants. :
The capitalization per mile of English
railroads remains, and it is likely to remain.
more than 80 per cent. higher than that of
any other Country. 1t is now about 500
600 per mile. France and Belgium come
next, while Germany and Austria are much
lower. In countries outside of Europe the
most expensive system is that of British
India, which is estimated at S67, 900 a mile.
The most expensive OF the Australian rail-
road systems have little higher average
cost than those of the United States. but for
Australian and New Zealand railroads as a
whole the general average is considerably
lower"