The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-22

construct ya,road from New Haven TO the west line Of
the state, ut Danbury which IS designed to connect
with projected line in the State of New York termi-
mating at FishkiI opposite Newburg, the Hudson
The particular object of the proposed road Is to afford
access New Haven by the direct course, to
the New York and Erie railroad rather with the
branch of it which is to end at Ncwburgh The dis
from New Haven to Fshkil is estimated at from
IS miles and the feasibility of the route is known
from surveys made for other objects
All but five miles of the New York and New Haven
railroad under contract and there Is very little doubt
but that the line will be completed in the of a
year The road will be in running order by the
of lsls Railroads in every part of the country
rapidly pushing forward, and few years will suf-
dee to thcken the network spread the Northern
and Eastern States From this city the Harlem is
pushing NORTH the New Haven east and the Erie west;
and the completion Of these roads will open to sections
of the country. heretofore almost completely shut out
from this market The eastern section of this State that
portion lying between the Hudson River and the line Of
Massachusetts and Connecticut has hitherto been al
most neglected, so far railroads concerned 1t
will not remain SO long as the Harlem will run directly
through the centre and the Hudson River road its
western edge The road alluded to above will ntersect
both of the others and divide this district of country
should be constructed relative to which have
doubts and the feasibility Of which much question
There is very little danger but what shall ultimately
have railroads enough and there very little doubt but
that all will eventually be productive. Tho improve
ments recently in the constructionof these mpor
works, have been great that the expenditures
have been very much reduced and the aggregate cost is
now comparatively small The cost of our most expen
compared with those of Europe is tring and
we are therefore able to good dividends upon the
nj for frev and
sage Our railroads, with all their facilities and i'm
proyements, cannot compete with our steamboats, and
upon parallel lines the boats will command the travel
The report of the engineer Of the Ogdensburgh Rail-
road Company gives some very interesting statements
relative to the route Of that line The location made is
said to be exceedingly favorable The length of line is
1l7s miles the distance from Ogdensburgh to the
NIT being 80 miles and thence to Lake Champain 35ls
The elevation of the summit is 1909 feet above Lake
Champaign and $50 feet above the place of departure
on the st. Lawrence, at Ogdensburgh. From Ogdens-
burgh to the summit the maximum grade is 264 feet per
mile foot in 900 there being in this distance 1895
feet of ascending and 2s5 feet of descending grade The
distance of the railroad from the Canada line the
summit does not exceed "a miles In the distance from
the summit to Lake Champaign there is ascending
grade, and the maximum of descending grade is 1916
feet mile. Such grades favorable for the trans
port Of heavy trains from West to East and they
in other directions houghin the from the lake to
the summit perhaps engines will be required for main
tanning high speed The whole line is remarkable for
its drectness there being curvature Of any impor
lance, of less radius than 5000 feet Tho estimated
cost of the whole line is $22292 70 $4,000 mile,
$4,000 mile being allowed for the superstructure.
Besides the tonnage transported the Baltimore
and Ohio Railroad and for which the company have
ceived pay there have been hauled of materials for
pairs of railway and Of bridges and of fuel for ocomo
tves etc, equivalent to 1862 224 tons mile; which
amount if added to the IL 1877 9al tons hauled mile
by locomotives and their divided by the number of
miles run by locomotives with tonnage trains will show
the net load of each engine to have been 29
tons which 53 greater than the average Of the
previous year
There have been carried the Winchester and Po-
tomac Railroad in the of this company equivalent
to 307, 400 tons mile.
The average number of passengers in each train has
been 81
The average charge for tho transportation Of tonnage
3lO6 cents per mile
The average charge for the conveyance of passengers
3l5l cents per mile.
The average cost for repairs and renewals of locomo
tives, .2i5 cents per mile with trains
The average charge for transportation, exclusive of
coal, BASS cents per mile, with trains
The average cost of running the trains exclusive of
horse power in the Baltimore has been 50 2IO
cents per mile.
The average cost Of running the trains, inclusive of
horse power in the streets Baltimore been 81 $40
cents per mile.
The exports from the port of Savannah Georgia. for
the first quarter Of lSi7 compared with those for the
corresponding quarter in 1916, show very great in
crease, will be seen by the xed statement
CoMMrrcE OF SAyAyNAH-VALuE OF ExroRrs.
January, tsbrsa aud March. 1916 ai7.
Exported III American vessels Si09 3i5 OF 800 35i 08
Do in foreign vessels.. el3,o3s 10 s3os7a 81
Total for the quarter .... ss2is7s SO alsOsa2 90
When consider that nearly quite, the whole of
this is in the agricultural products Of that section Of the
country, it speaks well for the industry and activity of
the people of that district They begin to experience
of the benefits of proper works of internal i'm
provemeut. Savannah il advantageously located for
commerce. and the back country is capable of giving it
large export trade, much larger than it has yet real
lied.
The annexed statement exhibits the gross and net in
of the. Petersburg and Grecnsvile and Roanoke
railroads, for the past two years
PETERSBURG WELDES RAILROAD.
Nee Ss:s"se S'S 80 90 g 6
''''' s"sts sss per cent
S., s;.:":: 81 s : g i ss; s
Dividend. .......... none. none
Ihe PETERSBURG company besides paying dlvi dends
above paying off about 100000 Of its debt annually
The debt will all be paid off this year.
The profits of the GrecnsvilIc and Roanoke railroad
applied to paying off the debt Up to July, 1916,
s5i365 of the debt had been paid or reducing the debt
to S25 100.
Old Stock Exch nnge.
$1,000 State Is, 'i8 1914 100 Nor & Wore boo 80
$500 State 5. SO 80 ~ do 1884
$1,000 Treas 2-3th MIS- lOsh 80 do b30 1891
$4,000 do pr C d., lO3at 10 Morris $40 20
$1,000 DO do 1924 do
5000 = S. 80 95E 50 do bio 1891
$1,000 Ohio &c, co, $50 9gI 25 do 1894
10000 do 9tZ IS do l9la
5000 Kentucky 6s 9gs, 80 do b3O I9l,
$1,000 Illinois, special 391, 80 do 10
: 5000 Reading BIDS $50 ~ 100 do l9X
$1,000 do 72ii North Am Trust
$4,000 do ~ do bYO o.,
500 shs farmers Tr % 80 do OF
100 do b3O 3Iys do 81,
500 Reading 500 u Vicksburg $40 II
100 do $50 500 200 u 8 Bank Az
200 do 59i1 do