The New York herald., 1878-03-03
RAPID TRANSIT.

COLUMNS FOR AN ELEVATED ROAD BFISo
RA1sEp ON NINTH AVENUE PROGRESS OF
WORK ON OTHER LINES.
All day yesterday, ana indeed all night could be
seen repetition OF the great orowds lha. have been
watching tor weeks aud months past the progress OF
the elevated railways On Ninth avenue the columns
were raised yesterday tor tho track from Thirty
second 10 Forly.scoona street. and there 10 every
Indication that within loss than two months trains
on the Ninth Avo.ue Elevated Rnlroad will
run every three minutes instead Of every
eight The popularity OF elevated railways
has been placed absolutely beyond question
by the constant Of The passenger trufc on
the Ninth road where the great nconvsnience
OF inircqucnt trains might have initiated materially
against tho success ot lno rapid transit problem.
But from week and FROM month TO month II
has shown all the statements OF the horse Car
companies 70 the contrary notwithstanong, that
reope Will ri.e on the elevated railways and that tho
street cars are not Indispensable their happiness
Tne Glbor Elevated Company are congratuiatng them
selves upon sne new biunder made W the S'xth
Avenue Company Ia putting tho wrstchedy uncom-
fyrtabe horse ''bobtaiP' cars without any con
duc,ors GU their Canal street line. and they conn
denty anticipate that this new Increase OF street Car
miserlos viii conpu ali the moro truveilors To ride
on The Elevated Railway.
RAPID TRANSIT PROFITS
II IL supposed, considering the iact that the one.
legged Ninth avcnus road carries arondy H. 00J pas
sensers per uay with trains running only every eight
minutes nat tie Gibort, with Its lar moro populous
route Will carry least 25 900 or 80 0oO passengers
DAY. with running every Two OF tbrcu minutes.
ny. eveu that the road, with It's iuh equipment
in rolling ouk, &C. hall million dollars per mile,
when probably an outside hgurs, WI have an cnter'
pr,sc costing 81, 5tO0o0 whose gross receipts VIII be
(cyan tukng live cent iarus not less
lhan 81 OOO day, or ABOUT $75o,UO0 per anaum. As
the running expenses eauuot probably exceed thirty.
three per cent 0. the gross receipts We have net
profit oi hail million u year, or twenty per cent
The capital invested. This Is probably the minimum,
and many who have investigated the subject cnsider
more This Is not SO y"ot US the gain reapcd
by the great lines oI horse car companies, but
Is still an cement to the elevated rawys
aueud their wurk us last Us possible on all the
routes and oprn. as soon az "ossibe the fourth
which is Second avenue. Ia respect 10 this avenue
the New York Loan and Improvement Company has
fallen into error Of supposing hat hi Third ave-
nus elevated line would absorb pretty much All the
pusseug gor traffic east side, whe, AS matter
fact, there thousands and thousands 0I people
living up town between second avenue una the East
River who most eagerly looking l0r tue building
aud sposdy opening OF the Second Avenue Elevated
Railway.
HOMES UP Town.
The New YORK Elevated Railway Company have
hitherto clulmed that their Thrd avenue road would
be opened quite the Gilbert road, notwtth
standing the long and wery delay III beginning ms
erection OF the iron work II is now conceded that
this Is possible, and that who The Gilbert rold,
barring unforeseen delays WIN os rSau'ns on ss Isl
Park before June i. Nevertheless preparations are
Geing made by many people 10 taAe advantage oi
summon Many people who have hitherto been ~ NJ
peiled 60 Long lsian jersey or staten Island,
will now Tor Tho summer months beyond tue
Park aud herc will DO great demand tor cheap cottages
ron IRON $500 TO 81 900 year Iu mi respect
IL Is paied that witnin three months tbore VIII
be quite marked revival real estate up low q, and
partiGulariy 10 lots anu houses adapted .or cneap
homes. But In untic patton OF tho. speedy open
ing Of these roaus up the Harlem River The reai
estate revival Is already bcgnning 10 be fct much
further up tuwn, aud along the Bouievards Us wei as
IN Yorkviie und Hnriem property owners are ren
IL NJ the fact that rhe thcv oler will soon
be only within half hours ride OF The Guy Hail.
RIVALRY OF THE TWO COMPANIES
A most praissworthy rivalry has sprung up between
the two cOmpauie ies--tne New 0rk and the Gbert-ln
respect 10 giving people the Dest the most COM
Iortabie, the most 0rnamen al, and, la word. the
most perect road. II wus recently announced IN the
HRRALp, tor instance, NY Mr.. Pullman, that the
Gilbert road WAS panied IN un artistic style,
when should make II credit TO this c'tv. Mr. Field.
the President OF New York road however, does not
wish 10 DO vutdonc. he stated the wrtor that he
had artists IN this city ~ work 10 design
the painting ot the elevated roads on Third aad
ON Niuth avenues" Ia order TO mako these
struct outside post In refur
ence TO the stations tho HERALD recently gave Mr..
Gilbert foad. The New York company now announce
mat they are unwlilng impar any Information AS
plans Tor tuetr stations Tor the reason that they
have hit upon new, original and unique improve.
mcnts which they do pot waot 10 have initiated but
winch they believed would be Welcomed Dy tue travel
ling pubic The people Will only be TOO happy 10 zee
this rivalry extended the more important points of
cheap fures ears seats Tor every passenger aud
frequent day und night truins