Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1849-11-22
THE LYNCHBURG VIRGINIAN.
IYNCmRURG. NOVEMBER ~. 1910.
BALTIMORE AND OHIO RAIL ROAD.
PRoPRIEToRs.

! Our readers are already aware that more than
one hundred miles Of the Baltimore and Ohio
Rail Road, extending Westwardly from Cumber-
/ land, are already under contract. AT a meeting
of the Board of Directors. held last week. the
/ President Mr. Swami laid before it long, able
and interesting communication upon the present
condition OF the Company, the progress of the
work westwardly, and the ability Of the Compa-
nv TO reach the Ohio within the specified time.
The highly encouraging statements of the Pres-
dent and deep sense of the necessity of prompt
action, induced the Board to adopt resolution,
unanimously authorizing the whole of the line TO
be put under,contract at once. The Engineering
Chief bad already shown that, by doing this, the
Ohio could be reached in two years from the 1st
June next. We may, therefore, assume that the
locomotive will pass from Baltimore TO Wheeling
before the 4th July, 1852.
The estimated cost, as corrected by contract
prizes Of the part already let, of the road from
Cumberland to Wheeling oil 10 miles, is So
27s, 73i of which 50, $40, 494 is for graduation,
masonry, aud bridging 81 ,903, 800 for supers,uc-
ture, and the residue for depo,s water stations,
right of way, superintendent and contingencies.
To meet this cost the Company has 50, 900 900
OF Maryland sterling bonds equal, at least 10 49,
600, 0OO--the revenue of the road during the
progress of the work, 8 900 000 and the Wheel
ing ption-making an aggregate of 81
800 900, or more than two-thirds of the requisite
sum TO complete the connexion. The President
discusses at length the best means Of raising this
deficiency and demonstrates the praccability of
doing SO upon the credit of the Company.
Our immediate object however, in noticing
the affairs of the Baltimore and Ohio Rail Road
Company, was TO show what was its revenue for
the past month. We give it from the official state
ment:
For Passengers. For Freight
Min Stem $i0.33i 90 $s6s6s II
Washington Branch 1887 22 4.7I2 60
sGO.23l AZ s9I ISL 46
Making total of $l51Sl2 SO, or at the rate
great increase upon the receipts of the cores
pondlng month of last year.
II is a common error to suppose that the income
OF tins Company chiefly accrues from passeng
II will be seen that, on the main stem, the re.
ceipts from freight more than doubled the amount
from passengers. This is truly remarkable when
we consider that the road at present terminates
at the foot of the lofty Allegheny, in country of
scanty resources, except coal and iron and these,
as we shall show, contributing little to swell the
income. Goods ale transported $50 miles to
Cumberland and thence wagoned over bad turn
pike, 1870 miles to Wheeling. and thence shipped,
or further wagoncd across Ohio. And yet in
spite OF the formidable barrier presented by the
Allegheny we find the road receiving, in one
month, freight to the amount of $50. 1858 II.
We have the returns only of the transportation
Eastwardly, during the month, from which il
would appear the greater part of the freight must
have been paid by articles bound TO the West
We give the following list Of articles brought to
Baltimore during the month of October