New-York tribune., 1882-04-22
RAILROAD NE VS..
STEEL RAILS ON THE UNION PACIFIC.
TIE WORK COMPLETED ON THE MAIN LINE-A TALL
,,.,r,, pnt-rnrNr puToN

STEEL RAILS On IliE INlON IANlI ~
TIE WORK COMPLETED ON THE MAIN HNE-A TAIN
WITH PRESIDENT DILLON.
The leading railroads of the country have
been forced to recognize the vast superiority OF steel
rails over iron rails. The real economy IN the use o
steel has been made apparent by experience and to-day
the railroads that would replace iron with IRON are very
rare one of the first Of the great companies that au
mttcd that the OF steel practically matter oi
economy was the Union Pacific Railway Company. FOr
several years this road been putting down steel rails
In place OF the old iron rails, ana all the
time il has been charging the difference in cost to the
account OF operating expenses. The main lire or the
road from Omaha to Ogden, distance OF l,O3| miles,
has been rclaI with steel rails More than onehalf OF
the Kansas Division, extending distance OF O37i9
miles from Kansas City to Denver, has been relad also
In regard TO the progress Of the work on the main line
from Omaha to Ogden, dispatch from the engineer
+. Clara, dated April 10, stated;
steel rail not quito all laid; will finish in aboui ten
DAYS. WDcn We lay all we nave tncrc VIII NC aDOu Ola
miles iron rails YET in track
Sidney Dillon president of the Union Pacific Railway
Company said yesterday: al am very proud Of this re-
suit been at the work for two or three years.
and year put in $4,000 tons OF steel rails ihese
covered distance of 400 miles, aud this year there
remained only about sixty miles to be relad to complete
the whole line. This has been done this spring. except
the very few miles that the engineers dispatch dated
week ago said sill remained to be finished ! am
exceedingly proud OF the accomplishment OF this work
We laid 80 last year do you realize the length
OF road that this number OF tons weight VIII eoverf II
is about 43j miles, The cost at $40 ton simply laid
on the spot is S2,1JO,0OO
Th- expense has been met by an increase OF the
funded or floating DEBT OF the company One-half II
the cost been charged to operating expenses ana
the other half has been allowed for the
value Of the old iron rails. AT times per
maps. the floating obligations OF the company may nave
appcar, frger bu l. -, the increase was merely on
account tbs extraordinary expenditure The old iron
rails have been rerOled and Laid upon the DrancAes OF
tie road one Of results Of charging onehai oi THIS
pcuses larger tnan they really were FOR instance, lno
operating expenses OF tne ro'ni last ye"l W W.
doabtedy have been much less OneGI OF tnc cost O
rrlayng sixty odd miles had not been charged to the ac
count In fact, believe that the actual operating eN-
peusrs would have above 41 per cent II Ii had
not this. Bni The substitution oi st,cl iof iron
rails Mr. Dillon continued "w ducc largely the cost
~ nt,er,ti ~ me road i'm tn. future. viii venture
to say what this reduction Is HEcy 10 De- DuJ am suic
that IL will he vcry great These eNtIaordhiry eA
them lower cost Of running tlsroad Certainly
the expenses will DC reduced much below the hsureS oil
Concerning the progress Of the work on the Oregon
short Line Ar. Dillon SAID: have received two dis
pa ches bOn dated April 20. In one the chie en- lncrr
says: Grade finished hity miles beyond end oi tlhcA-
ctaders keep out UI the way OF the trdckhy' Is
lew days work VIII he necessary TO get track already
lad durii the winter in shape the pas- OF CON
100 mile, of track could BE- compcied ahd ron me
contractors received The following reply We thlnk
we can have 100 miles ad by May lO we are not lie
aved by the demands OF engineers To do unnecessary
rsnrI wing 10 com irehcnd these dispatches iuy,
YOU will understand that sixty miles Of the road
west from Granger nave been llld aIretly. Ill,
have one thing more to say M Dillon concluded,
and hat IS tins: Within the last eighteen uayo lheIe
have been nearly 10000 shares OI ne company stOcS
transferred and in Boston The greater paI' OF
transfers have been IN favor OF small investors
principally throughout New i.ngand Inc amount INA.
Ias permanently LETT tins market Is rather remarkable