Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1863-01-12
The Railway.

TIE C. & 7. RAnRoAD-SHoULD IN
NoRTHERE DIVISION BE RE-oPEEED ?-Thl
Toledo Commercial Of Saturday morning
contains column Of editorial with regard
to the necessity of rs-opening the Northern
Division Of the Cleveland & Toledo Railroad
which was abandoned four or five years ago
It says there seemed to be good reason FOL
abandoning the Northern Division at that
time-business being insufficient to keep "
both divisions then, but that no such
reasons now exist for allowing the NOrthern
Division to lie any longer idle. We quote
from the Commercial:
ItisHoW four years or more since that part
Of the Northern Division west Of Ssndasky
was abandoned. In that time, without the
stimulus Of railroad outlet, the wild country
in 0ttOWa county has been opened up to re-
markable extent, hourishing settlements ex-
tending st this tine from the abandoned rail-
road nearly to the verge Of the Lake shore.
With the encouragement Of q railroad outlet
east and west, there is no calculating how
much further advanced might be the eultiva-
ton of the country. It is rich section-in-
exhaustible in its resources of soil and tim
Der. We believe the stave, lumber and tim
Der traffic alone would almost, if not quite,
pay the extra expenses of keeping the North
ern Division in operation. The great forests
of Ottawa county are immense aggrega-
tions Of wealth. Add to these the extensive
beds of plaster Of the Peninsula and we see
whatwealth Of resources is neglected by the
railroad interest.
&C At This time as We are crsdibIv infornad
the C. 4 7. Railroad is obliged to draw
largely for its supplies Of wood upon the far
ests referred to. The demand cannot be DOS
sibly met by the country bordering on the
Southern Division. So it would seem that
the COmpanys own wants suggest the re-
sumption of the abandoned track. A small
POrtisn Of it east of the Clay Junction has
been in use more or less during the past year
The road gets a very snug item Of business
from this seven or eight miles. Some seven
hundred car loads of freight have been hauled
out from Martin, Ottawa county, the six mile
point from Clay Junction, during the past
season, we understand And it is believed
this could very readily be raised at that sta
tion to fifteen hundred for the first year of re-
sumption of the Northern Division"
The Commercial adds that the through
freight business demands an additional ave-
nue. eastward from Toledo, and states its be-
lief that if the Cleveland & Toledo Railroad
COmpany let the opportunity of now using
the Northern Division to advantage slip
through its fingers, some other enterprising
company will take the matter in hand and
build competing road between Toledo and
Cleveland.
Says the Commercial:
"The track Of the Northern Division re-
mains as it was when abandoned. The iron
is all there as it was FIRST put down. New
ties would have of course to be put in, and
the bridges, especially the one across the
Sandusky Bay, more or less repaired. But
the whole expenses Of repairing and putting
the road in complete running order, we are
told, need not exceed one hundred thousand
dollars"
The subject certainly demands the consid-
Grafton of the c. & 7. R. R. Co.
MICHIGAN CENTRAL.-The statement of the
Central Railroad Company, just
published, shows an extraordinary degree of
for the six months ending Dscsm-
Der lst.
The net earnings we're S465, 900, or nearly
sight per cent. on the stock from which is
deducted the entire appropriation to the sink
ng fund for the year, s74,5OO; leaving six
and a half per cent, $3.50, 800.
At the same ratio of earnings as for the last
half of the year ending June l, 1858, the
years business win give a net result of
about II per cent. The company had on
hand nearly half million dollars in cash
when tho dividend was de Jared. The sink
ing fund now amounts to, $500, or about
seven and half per cent o. stock. At
he present rate of faccumulatio1 e sinking
'und will, in 1870, amount to abb sI $780,
700, or 30 per cent on the stock. 2%
CELEBRATION OF THE PRoCLAMATIoE;.N
to an appointment Ofa Commh, u
BY the colOred citizens of Cleveland at mas1d
Meeting held at Metropolitan Hall, city Of
Cleveland, January 9th, 1858, to take in con-
and make preparations for a suit
lble celebration on the 18th of the present
month, they beg to report themselves to the
'itisens through the following medium,
leeming it under circumstances impossible
IS to time given to call the citizens together
Q receive our report, to celebrate as in
trueted. Your Committee met with OBJ
tacles which arc unavoidable and detrimeu-
al to our progress as a Committe on celebra-
ion for the people. The Committee, after
heir appointment by the citizens, found a
ommittee Of individuals who had made ar-
angements to celebrate something. That
Committee consisted Of Geo. Vosburgh and
thers. The citizens Committee deeming II
xpedient to acquiesee with them, had an in
ervieW with them for the purpose Of having
general celebration, but failed to eonsum-
nate any arrangement for the pleasure of
ne citizens at large, which we deemed that
very man, woman and child should have an
interest in. Therefore, in our minds, we
leem 1t out of the question to celebrate, as
re could not effect union thereon. After |
7hieh, we the Committee are sorry to report |
% eelebration-and wish this to be consider |
d a discharge from further duty as a Com
llttee and hope the matter Of celebrating
Till be considered at future day,
w. W. SAMPSON, Chm,
W. E. AMBUSH, Sec'y,
f Committee appointed by the citizens Of
Cleveland.
PROPELLER REBUILT.-The propeller
fov. Cushman, owned by Captain Dwight
colt, is being nearly rebuilt, by R. Caulk-
rs. It will belengthened nearly 80 feet and
nj be Increased by 2 feet depth of hold
IS capacity will be increased by 200 tons.
he Gov. cushman was built about six
ears ago, by Mr. Moses. Captain Scott is
roPrietor Of thepropeller S. D. Caldwell.