Show b P purchases a railroad los An angeles Ane elea veles cal juno june 15 the tho southern pacific company lias has absorbed tho tile santa ana newport railroad recently purchased by J rosa clark the road extends from santa ana to newport beach a distance oi ten miles and then to westminster the entire line being about twenty two miles long the eale fale includes all the rolling stock tracks and rights of way of the santa ana newport company together with ith the long wharf at newport beach and the shipping privileges the consideration is said to bo be this purchase liase gives the southern pacific another important coast terminus where the lumber business alone tor for several yearn years past lias has amounted to many thousands of dollars annually |