The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1888-06-01

durffve ssr1spns z ~ Cosuntfa river|
sruxArx sA1xs
Has fu<t shoun h inte1est ii the en-l
1esps1se ~ suhsrxihing $175 30 20 the
stock 81 TIE company. 4 construct Tor
sevenfy-ive mikes q the rod vest-
ward from Spok1ne has been le4. and
il Is infen<fed 70 build 100 mikes On
this end Of the route during cuxrens
season
ne division az The line which bexins
at the summit Of The Snoquafnaie PISS
w7ll yua 10 Enensburg almost parallel
with the X. r. line. thence 10 or near
the salmon river miness theme
through The
Era BEND corSrxy
To the Spokane cunnection The xu-
prerze advantage of this line Is that
for . mountain road Il can be very
cheaply built, and when built. oper-
stezi with profit
wHRsf TRAFFIC.
OF the 10000 tons Of wheat now
shipped from the Columbia river basin
this road, Il Is claimed, viii be the nat
ural carrier Of aO0,0D tons, which it
promises to transport 10 tifle-water At
Seattle at IN average charge OF - per
ton The road east OF the Cascade
range win, when constructed, COM
mand and secure . mineral and mis-
ceIlaneous traffc only second IN vol
ume to that which viii be derived
from transporting the great staple.
wheat The cost Of its construction
across the territory when the noun
tain range shall have been passed win
be comparatively light and the cost Of
the whole line viii fall far below that
of any similar line on the Pacific
coast This insures less fixed charges
and will leave more TO stockholders.
while permitting service at rates inn
possible TO lines of road eaddled with
an enormous bonded debt and stock
issue per mile. II is the deliberate
conclusion Of those who havecarefuily
investigated the project, that with the
present business outlook for this road.
the volume of traffic assured, and the
comparative economy of its construc-
ton, together with the facilities af-
for,ied for its economical operation,
there will be no more profitable rail-
tie, Lake shore 4 Eastern, even when
be completed and in operation. As to
It's possibilities for extension and con-
nection with projected transcontinen-
tai lines now building westward, 1t Is
apparent that from any such connec-
ton this road must reap substantial
benefits, and also that at very early
date such connections viii be made.
sPLExpIp RAILROAD RESOURCES.
1t will be seen that the Seattle, Lake
Shore 4 Eastern railway. although
running through q comparatively new
country, will not have to wait for its
Development in order to secure lucra-
tive business, but from its inception in
the almost illimitable resources of the
region tributary-its unmatched tim
Der, vast beds of iron ore and coal in
Western Washington-and eastward
in wheat belt unsurpassed. IL equaied.
in the United States, will find traffic
that will tax its utmost energies to
meet.
THE g., L. 8. 4 Z. FINANCIALLY SOLID.
The company makes no secret of its
finances, having positive assurances
that all the money needed for con-
struction will be forthcoming. Its f.
nancial agents at New York are Messrs.
Jameson, Smith & Getting, 3 Bond
street, and its backing for construction
exceeds s. 200 900.
This road has no official connection
with the Manitoba or Jim HilI' road,
but both are building on lines friendly,
to say the least, and it is more than
likely that they will form the Eastern
and Western divisions respectively of
through transcontinental line.
This article was written nearly a
month ago. Since that time the s.,
L. s. & 4. Company has let contract
for construction Of its through line
east to Spokane Falls. The work is to
BE- finished and trains in operation
within two years from May 10Th.