Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1866-11-15

Dut, now, new prOSpeCL seems 10 VI
r opening for the Towanda coal region, by
: the building of a railroad from Towanda tt
Waverly, there connecting with the Erie
L Railway, and thence to be extended to the
! New York Central
The North Branch Canal Company hav
J ing passed into the hands of Hon. Asa
PACKER, and other capitalists, most of them
except Mr.. WELLEs. of the Lehigh Valley
Rail Road Company, has been reorganized
under the name of the PENNSYLVANIA AMI
New YORK CANAL AND RAIL ROAD COMPANY,
with power to construct railroad from
Wilkes-Barre to the State Line, along, or
near, the line of their canal The work of
constructing the railroad has not only been
begun, but the grading is actually nearly
completed for many miles, probably eight
tenths of the distance between Towanda
and Waverly, the ties are delivered, and
miles of them placed ready for the iron.---
The masonry of the bridge over the Che
mung River, at Athens, is nearly finished,
and the road could be completed and in run
ming order in January next, but it is under
stood that the company will not lay down
the rails until next spring. 1t may, there
fore be considered as certain, that early in
the summer of 1867, the Towanda coal re-
gion will be connected by rail with the
Erie Railway. Without waiting for the
completion of the proposed extension of
this line of Railway, it is not doubted but
that third rail will Immediately be laid
on the Erie Railway from Waveriy to Ell
mira, whence by the Northern Central Rail-
way to Canandagula, connection will be
effected, by rail, without change or cars,
with the New York Central Railway, and
its branches, extending throughout that
| State
| 1t is also intended to build a railroad
from Waverly to Ithaca, the head of Cayu-
ga Lake, which connects with the enlarged
canal and is an excellent point for shipping
coal. Another railroad is also projected
from Waverly, by way of Owego and Dry
den Valley, to Auburn, afording the most
favorable grades for heavy tonnage
The railroad from the Blossburg region
is broad guage. The Barclay railroad, the
Pennsylvania and New York, the Northern
Central and the New York Central are all
narrow guage. The Towanda region will,
therefore, in little time, have an indepen-
dent railroad system to supply with coal
without re-shipment, and the Blossburg re-
gion another, consisting Of the Erie Rail-
way and its branches.
The Chenango Extension of the New
York canals, from Binghamton to the North
Branch Canal at Athens, is also in course
of construction by that state, and large
amount of work is already done on it. This
will open to the Towanda region new
market and new route to Eastern New
York, sixty miles shorter than the present
one by Seneca Lake. The building of the
Pennsylvania and New York Rail Road,
will not interfere with the use of the canal,
as new towing path has been built where
the old one has been taken for the railroad,
and, indeed, the canal has been greatly
improved by deepening and widening it, to
get material for the railroad, and the banks
very much strengthened.
The extension of the railroad south, or
down the river, connecting with the Leh;gh
Valley Rail Road, in the spring of 1868,
will also open a new and very extensive
market for Bituminous Coal at the large
Rolling Mills in that region, it being pref
cradle to Anthracite Coal for that purpose.
The fall in the North Branch of the Sus-
quehaDna River, from the State Line to
Wilkes-Barre is but two-and-a-half feet to
the mile, affording the best unoccupied
route for railroad in the State, both as
respects grades and probable tonnage.
The following is a list of the officers, for
the year 1865, of the various companies
mentioned
BARCLAY Coal COMPANY.
| PreSident-GEORGE R. OAT
| Directors-EDwARD M. DAVIS, HENRY JONES, L
V. WILLIAMSON, CONRAD S. GROVE, BENZ. S RUSSELL.
| Secretary and 1reaSaTer-HAnvEY SHAW.
Directors Office Philadelphia Superintendents
| Office, Towanda.
| Mr.. Davis and Mr.. Williamson, are the largest
| stock holders
TowANDA Coal COMPANY.
| President-JERVIS LANGDON.
| Direct0rS-Dr. E. ELDRIDGE, 4. S. OWEN, HENRY
RATHBoNE, JAMES MAcFARIANE.
| Secretary and TreaSurer-AIEx DIvEN.
| General Superintendent-J. MACFARLANE.
| Directors Office, Elmira. Superintendent's and
Treasurer's office, Towanda.
FALL. CREEK BITUMINoUs Coal COMPANY
| President-GEORGE G. FARRAR.
Directors-EL1sHA A. PACKER, GEORGE OPDYKE,
JOHN A. G. GRAY, JAMES HOY.
| General Superintendent NJ. MALLORY.
Directors Office, New York. Superintendents
Office Towanda
SCHRADER LAND COMPANY.
| President-WILLIAM REED.
| Drectors-R. H. SAVER, c. F. WRLIEs, Jr, j. F.
MEANS, V. E. PIoL1ET, THo's WILSON, j. B. LIN
| DERMAN. q -tf .I---. H-s-
| Secretary and IFeasurer-C. L. WARD, ESQ.,, To-
| wanda. Pa