The cross-ties are not yet laid but the "track" is graded. This work was finished some tine ayo at an immense expenditure of human labour and as the syndicate has been slow in the comple ion of its work, numerous squatters have become domiciled upon these banks. It is said that. this country is impecunious, but certainly there are a large number of Bankers. The coal of lower Shangtung is of a very fine quality; emitting a beautiful flame but with very little smoke. The Directors at the next' meeting will determine whether they will throw a cantalever bridge across the Yangtse at Silver Island, or run the road one hundred and twenty miles eastwards from Yangchow and erect immense coal-elevators at the Tongchow landing, where the commercial navies of the world can call just befor putting out to sea.
Text read from the printed page and cleaned; old type leaves the occasional error.