M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1855-04-20

construction, and at aud near Logan
are two in operation. Sites for fnr-
naces at various points along the road,
still unoecupicd, are unequaled, and.
with those already in operation, will
furnish ain uniailing, business for the
road, independent of the coal trade,
which must form large item. The
country north and west from Newark
is entirely destitute of coal and iron,
and the demahd for these minerals
will always be large, and must be sup
piled in great measure from the re-
gion through which this road passes.
The following extract from the "Ex-
hibit pfi the Scioto and Hooking Val
ley Railroad Company published
March 1853, will convey some idea
Of what the business of the road may
be when completed ;--a. ~ =
aThe following Estimate of the
Earnings of the road from Portsmouth,
to Newark has been carefully made
MP, and is an approximation to tho
trnth as near as can at present be
made. The prices are put low, and
the tonnage far within the limits Of
the demand andsuppIy."
100000 bushelswheat, at 6 cts. 100000 90
l,OO0,0O0 0O0bushels corn, al cts. $4,000 90
80, 600 tons other agricultural prOsucts
including stock, at 50 per ton, 60000 40
80 900 tons iron at Sl,75 per ton S7,500 90
100 900 tons coal at 81 20 per ton 10000 90
10000 passengers, average So, 10000 90
Mail aud Express, 1900 90
O,OO0 tons oiheamerchandise, at So 10000 90
s6O2, 500 90
"The above estimate for coal is ba-
sed upon the fact there is no coal
north or west from Newark, and that
the coal necessary to supply the pop
ulous and wealthy country north OF
that point, as well as the Lake Ma.
rine at Sandusky and Huron, must be
supplied from the south part Of Per-
ry county. And also upon the fact that
the coal consumption at Cincinnati
and Portsmouth and the intermediate
towns, exceeds annually 100000
tons, and that there is no coal which
floats down the Ohio River, that bears
any comparison in point Of pleasant,
ness for domestic use or suitableness
for manufacturing purposes, with the
coal of jackson county: and the infer.
ence from these facts is that the de-
mand will if anything exceed the
above amount"
"But when it is considered that
lrcights from New Orleans to Ports
mouth are about the same us to Gin.
cinnati, and that the distance from
Portsmouth to Newark will be some
seventeen miles less than from Gin.
cinnati; when it is known that groce-
ries and goods can and will be sold as
low at Portsmouth as Cincinnati, it
would be reasonable to conclude that
most Of the supplies for Newark and
north, certainly all south Of Newark,
would take this route, and very much
increase the above estimate. "But
entirely excluding this feature Of the
case and allow one half Of the above
earnings to cover running expenses,
repairs and deterioration, and we
have over 10 per cent. on the entire
cost of making and furnishing the
road as its net earnings"
"But the Road has only to be loca-
ted through the mineral region, to Sc
cure an increase Of its furnaces by at
least double the present number on Or
near its line. After its completion,
no one, acquainted with the facts,
would presume to set limit to the
increase in the business and in the
population of that district, the mate
rials being thus accessible, sufficient
for almost any number of furnaces"
sin a country so abounding in all
the elements of wealth, with resources
so desirable and ditfused, capable OF
so dense a population, and so inviting
to enterprise and industry, no fear
need be entertained, but that q Rail,
road passing through it will have bus.
iness fully equal to its utmost capaci,
ty."
The connections of this road are
both numerous and important. Al
Portsmouth it will connect with the
Maysville and Big Sandy Railroad
now in process Of construction; and
thus with the long chain of roads thro
Kentucky and Tennessee and the South.
west.
At Jackson it will connect with the
Ilillsborough and Cincinnati Rail.
road, and at Charleston with the Ma
rietta and Cincinnati Railroad. Boil
OF these roads are designed to connect
with the Baltimore and Ohio Railroad
and both are completed and in opera
ton in part.
Six miles south of Somerset it con.
meets with the Cincinnati, Wilmington
and GAINESVILLE Railroad, which is al,
ready in operation to Lancaster, a
point 120 miles from Cincinnati.
.