Wisconsin tribune. (Mineral Point, Wis.) 1847-1854, 1847-11-12
RAIL ROAD MEETING.

KALI ROAD NEE TING.
We had room in our last number only
to allude to this Meeting, which was held
at the Court House on Thursday evening
of last week. This is a subject that should
call forth the united action of all who
feel an interest in the prosperity of this
section of the Territory. The necessity
for a communication of this kind, between
this great mining region and the lakes,
must be apparent to every one, and we
think the proposition to extend branch
of the Chicago and Galena road, to this
place will be iavorably received.
The remarks of Mr.. OGDEN. president
of the Board of Directors) were highly
interesting, not only with regard to this
particular Road, but upon the subject OF
Rail Roads that haze already been con-
structed In different sections Of the coun-
try. We have room only to notice that
portion of his address which related par
ticulariy to the one from Chicago to Ga.
lena, He said it was the intention of the
company to complete this road as far as
Fox River by the lst of September, l04S.
$4,000 of the stock had already been
taken, and only 100000 more was needed
1t Is the intention OF the Company to call
in but fifty per cent. OF the stock during
the first year, and the balance the year fol
lowing, in quarterly inst a lments.
The cost Of constructing the Road to
Fox River, a distance of 81 miles, and OF
putting it in complete running order, is
estimated at S397,73 as follows:
Grazing and bridging at $1,000 per mile $40 600
II 900 ties, . 200 To the mile-that Is, D
feet fror:: centre. $40. 10 400
Or ding road-bed. putting down iron &c.
$500 rer mile, 1850
Engineering at the of SIS per day,3l3
days, 4 695
Agents. supcrintendcnts, &c. 5000
Three stations l25, 375
Two wond-hous =, Si09, 500
One eng ine-hlusc, shop, &c. 3 0G0
Two large and four small turn tables, zoo O
Two car-houses, 1900
Two trrig ht-h uses 0Og
Engines, cars Nc. q 900
Six months intere=, 1862
sl2s,23a
25on tons of rail, coupng-pia,r and
spikes, So per ton. delivered the
city of Chicago, 272, 500 |
Total cost 1897, 732 |
The cost of running the and the estimated
receipts for the lst year thus put down.
Cost of running -four trains per day -35
miles - 40 miles, including repairs Of
road al $50 per nal, one year of 3l3
days So, 900 |
Estimated receipts:
One million of bushels of Wheat or 10000
tons at sl,s0 Fer tou, (about cents
bu.h,D $4,000 |
O,hrr western freights, 10000 tons at s.
per ton $4,000 |
Eastern freigit going west. mershandise,
lumber Sc $4,000 s. per ton 10000 |
Fifty Thousand passengers at 81 $4,000 |
1927 900 !
Deduct cost Of opcrat ing the road 81, 292 /
Net proceeds s99.760 |
This estimate shows the earnings Of the /
Road for the first year TO be IS per cent,
and Mr.. O., very justly remarked, should |
it amount 10 this Eastern capitalists would |
seek TO invest their money III stock for the /
balance of the road. He further estima- /
ted that the present cost Of getting stuff |
to and from Chicago On this route, by /
teams, was S60O,0OO, which a rail road |
could carry for $50 00O.
The WEATHER during the past week /
has been unusually cold for This season Of
the wear. 4 liJtle snow Is al that Is /
necessary TO give it the appearance of
winter.
-. 4 good BARBER could 6nd a first
"a IA tr- srion % this town