Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1886-12-01
Railroad Management.

We recollect when it was announced that
Mr.. Chas. G. Eddy was made Vice-Presi-
dent of the Norfolk and Western railroad
with headquarters at Roanoke, and that he
was to assume chief share of its manage
ment, that great journal, the Northeastern
Lamberman, published at Chicago, spoke
of him as now pillar of strength in the
development of the industrial interests Of
the South. Without detracting in the least
from the far-seeing policy of President
Kimball or General Superintendent Sands
or their associates in the past or present
time, for the extensions made in branch
lines, development at Pocahontas, and the
immense improvements at Norfolk, which
are in the interests of expanded coastwise
and foreign trade demonstrate all this, yet
the services of Mr.. Eddy in behalf of the
interests committed to his hands and the
efforts he is making to further Virginia
interests are matters which do and should
commend him to the gratitude Of the peo-
pie of the whole State.
The following letter is another Of the
evidences which illustrate the good work
he is rendering in securing foreign capital
to Virginia. On the line of the Norfolk
and Western and along it's branches large
investments are being made. True it is.
that he is mainly supplementing facts and
figures already made known, but their rep
=
etition, accompanied with his practical
knowledge and some new theories he al
ways brings into the count, must in the end
furnish valuable strength in the develop
ment of Southwest Virginia resources
But to the letter, copied from the Baltimore
Manu- acturers' Record of the 9th ult:-
NORFOLK & WESTERN R. R. COMPANY.
ROANOKE, Va, November 10, 1886.
Editor Manufacturers Record:
have read with great interest your ar
ticle on pig iron manufactured in Alabama
at SS per ton. Bessmer pig can DO made
on our Cripple Creek Extension, using one
and one half tons of Cripple Creek ores
with tbree-feurths of ton of magnetic
ores, which are found tributary to our line,
within 12 miles of the main line, and which
cap be reached by branch line of that
length, and one and one fourth tons of
coke allowing 80 cents per ton for lime
stone, which is 90 cents more than is al
lowed in Mr. Pechin's estimate 81 for
labor, which is so cents per ton more than
he allows and 81 % per ton for incidentals,
which is the standard of the Pennsylvania
furnaces, and make the total cost of Besse-
mer pig on the Cripple Creek line, $11. A
per gross ton And this is an outside esti-
mate which can be reduced, think, fully
81 per ton, if not more, and. with Bessemel
pig selling in Pennsylvania, as at present,
at $40 to $3.50 per ton, is an easy mat
ter to figure out the profit that would &C.
crue to furnace making Bessemer pig,
located on our Cripple Greek Extension.
With the Norfolk and Western railroads
all-rail connections, via tho Shenandoah
Valley Railroad, and the Baltimore & Ohio
and PENNSYLVANIA railroad systems, reach
ing every Pennsylvania rail mill, there car
be no better opening offered at any point
south of the Ohio and Potomac rivers for
the manufacture of Bessemer pig than upon
our Cripple Creek line. with the further ad
vantage of our controlling the line to Nor
folk, with cheap water transportation
thence to all Nor hern seaports. There is
an opening here for capitalists who wish to
embark in the building of furnaces for the
| manufacture of Bessemer pig, unequalled
by any section in the South.
CHAs G. EDDY,
Vice President.