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Show South bkn Railroaiw. A rarlrrmd manager, gives tho following as tho condition of tho railroads south of the Potomac. Tho represented capital of these roadH is $571,000,000. Twenty million of this capital are pnying dividends, div-idends, and oidy ton million onruing dividnnds, tho other ten million being in roadH leaned toother corporations, which, in conNcquonre, nro oMigeil to pans their own dividends. Tlireo- lour II is ot all tho stock and bonds of iIjuno roads have been sunk, uml tho roads aro virtually bankrupt, Tho main oauso of this, according to tho Hiimo authority, is reckless competition. |