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Show New Transcontinental' Railroad. Rail-road. New York, 21. Eccning Post; An important piece of newe in Wall street, to day, waa the annouueement of the fact that tbe Atichnon, Topeka and Santa F6 Railroad (a Rich Boston Company) had completed an arrangement arrange-ment with tbe St. Louis and Sa-i Francisco Railroad, in pursuance of which the railroad is to be built from Santa F to Sau Francisco, under the old charter of tbe Atlantic and Pacifio Railroad. Tbia charter is still valid, and the land grant carried with it conveys 40,000,000 acres with it. Bonds are to be issued to the amount of $25,000,000, secured by these lands aud the road and guaranteed guaran-teed by the St. Louis and San Fran-oisco Fran-oisco and Atchison and Topeka and Santa 6 Railroads. These bonds have been placed already. The recent re-cent heavy advances in St. Louis securities are explained by the news of this arrangement. |