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Legg and J. E. Bonoar, Spartanburg, S. C.; W. J. Alston, Peach Tree, S. C. ; W. H. Gilliland, Charleston, S. C.
Thomas B. JETER—President and Supt............ Unionville, S. C. Treas. and Sec...F. H. Counts. | Master Mechanic..James H. Benner. | Freigt Agt...John A. Counts. PRINCIPAL OFFICE AND ADDRESS.
Unionville, Union Co., S. C.
HACKENSACK AND NEW YORK EXTENSION RR.
(Operated by the Erie Railway Company.)
Line of Road.-Hackensack, N. J., to Nanuet (Erie Railway), N. Y...14 miles. In operation : Hackensack, N. J. to Hillsdale, N. J......
The intention of the Company is to extend the line to Haverstraw, 30 miles. The road to Nanuet will be finished by May 1, 1870.
Capital stock, $200,000.
First mortgage 7 p. c. bonds, dated May 1, 1869, interest payable May and November, and principal due May 1, 1889, $150,000. Payable at the First National Bank, Jersey City, N. J.
Directors.—David P. Patterson and G. S. Demarest, Pleasantville, N. J.; I. D.
Pleasantville, N. J.
Hudson City, N. J. Treasurer-I. D. Demarest...Spring Valley
(J. Camp. PRINCIPAL OFFICE AND ADDRESS.
Jersey City, N. J.
Engineers | L. W. Rost.
MACON AND BRUNSWICK RAILROAD.
Line of Road.—Macon, Ga., to Brunswick, Ga.......
.. 185 miles Branch line: Cochran (39 m. S. E. Macon), Ga., to Hawkinsville.
10 Total length of main line and branch.....
.195 miles. Sidings, turnouts, etc., 5 miles. Gauge, 5 feet. Rail, 50 lbs. to yard.
Rolling Stock.-Locomotive engines, 14. Cars—passenger, 8; baggage, mail and express, 10; freight (box, 100; platform, 60), 160—total revenue cars, 178. Also, 20 service and construction cars.
The road was completed in December, 1869. No account of operations or financial condition of the Company has been prepared for publication. The Company's. bonds are indorsed by the State of Georgia to the extent of $10,000 per mile.
Directors.-George H. Hazlehurst, L. N. Whittle, George S. Obear, S. Collins, and C. Day, Macon, Ga.; Morris K. Jesup, C. H. Dabney, J. P. C. Foster and J. Milbank, New York City.
GEORGE H. HAZLEHURST—President and Chief Eng..... Macon, Ga. Treas. and Sec.-H. C. Day.. Macon, Ga.
(H. W. Raiford. .Macon, Ga. Gen. Superintendent-William McRae.
1 A. B. Bostick. Master Machinist-M. Thornton....
Mast. Transp.-Robert Schmidt..
UNION PACIFIC RAILROAD.
Line of Road.—Omaha to Union Junction.....
1,038 miles. Whole line to the Pacific completed May 10, 1869.
Rolling Stock.–Locomotive engines, 175. Cars—passenger, 90; baggage, 40 freight, 3,000—total, 3,130 cars.
The earnings of the road per month from date of opening to May, 1870, have been as follows (the earnings of March and April being estimated):
The expenses of the road after it is fully completed for business are estimated at 50 per cent. of the gross earnings. The road will be maintained at a much lower cost in ratio to earnings as it traverses a comparatively rainless country, has few bridges, and has abundant supplies of coal well distributed upon its line.
Abstract of general balances, 1870:
Which will provide for the floating debt and leave a large amount of the land grand bonds in the hands of the Company.
The act incorporating the Company provided for a Government subsidy equal to $16,000 per mile for that portion of the line between the Missouri River and the base of the Rocky Mountains ; $48,000 per mile for a distance of 150 miles through the mountain range; $32,000 per mile for the distance intermediate between the Rocky and the Sierra Nevada ranges; $48,000 per mile for a distance of 150 miles through the Sierra Nevada. The whole distance, as estimated by Government, from Omaha to the navigable waters of the Pacific, at Sacramento, California, is 1,800 miles. The Company have also a land grant equaling 12,800 acres to the mile. The original act provided that the Government subsidy should be a 1st mortgage on the road, but by a subsequent amendment it was made a 2d mortgage-the Company being authorized to issue its own bonds to an amount equal to the Government as a 1st mortgage on the line. The original act provided that the charge for Government transportation should be credited to it in liquidation of its bonds; and that in addition, after the road should be completed, 5 per cent. of the nett earnings should also be applied to the same purpose. The act was subsequently modified so as to allow the Company to retain one-half of the charge of transportation on Government service, as the cost of the same, and also relieves the Company from paying the 5 per cent. of nett earnings.
The construction of the road was commenced in December, 1863; but no considerable amount of graduation was done till the commencement of 1865, owing to the difficulties that arose in the on of the line. In 1863, over 100 miles were graded and bridged and rails laid upon 40 miles. In 1866, 235 miles of road were completed; in 1867, 245 miles ; in 1868, 350 miles. The road was completed to a junction with the Central Pacific of California on the 10th of May, 1869, when a continuous line across the Continent was formed.
From the first day of January, 1868, to the first day of May, 1869, a period of 317 working days, 1,150 miles of the main line (including the Union and Central Pacific) were constructed, or three and six-tenths miles per day-a rate of progress which, considering the obstacles encountered and the fact that both the working force and material had to be transported over the road as it progressed, has no parallel in the history of similar works.
The route for the eastern portion of the line is up the valley of the Platte, which has a course nearly due east from the base of the mountains. Till these are reached, this valley presents, probably, the finest line ever adopted for such a work for an equal distance. It is not only straight, but its slope is very nearly uniform toward the Missouri, at the rate of about 10 feet to the mile. The soil on the greater part of the line forms an admirable road bed. The river, after leaving the mountains, has very few affluents, the only constructed bridges for the distance being one over the Loup Fork and the North Platte.
The base of the mountains is assumed to be at Cheyenne, 517 miles from the Missouri River. This part is elevated 6,032 feet above the sea and 5,095 feet above Omaha. From Cheyenne to the summit of the mountains, which is elevated 8,242 feet above the sca, the distance is 32 miles. The grades for reaching the summit do not exceed 80 feet to the mile.
The elevation of the vast plain from which the Rocky Mountains rise is so great that these mountains, when they are reached, present no obstacles so formidable as those offered by the Alleghany ranyes, to several lines of railroads which cross them. On the Biltimore and Ohio rold, the mountains are crossed at an elevation of about 2,600 feet above the sea, and with long grades of 116 feet to the mile. The line of the railroad up the eastern slope of the Rocky Mountains is not so difficult as those upon which several great works have been constructed in the Eastern States.
After crossing the Eastern Crest of the mountains, the line traverses an elevated table land for about 400 miles to the Western Crest of the mountains, which forms the eastern rim of the Salt Lake basin, and which has an elevation of 7,530 feet above the sea. Upon this elevated table is a succession of extensive plains, which present great facilities for the construction of the road.
The whole line is a very favorable one, when its immense length is considered. More than one-half of it is practically level, while the mountain ranges are surmounted by grades not in any case exceeding those now worked upon some of our most successful roads. Some difficulty was anticipated from the snows, but no more obstructions were experienced from this source the past winter than upon the roads of the Northern and Eastern States. In fact, there was not a whole day's interruption of trains upon it during the winter.
Directors.Oliver Ames, Oakes Ames and John Duff, Boston ; John B. Alley, Lynn; Cyrus H. McCormick, New York; Win. T. Glidden, Boston ; R. Hazard, Providence, R. I. ; Elisha Atkins, Boston ; C. A. Lambard, New York; 0. S. Coapman, Canton; James Brooks, New York; G. M. Dydge, Council Bluffs, Iowa ; Sidney Dillon, New York; Frederick Nickerson, Boston ; C. S. Bushnell, New Haven.
Government Directors.-D. L. Harris, Springfield, Mass. ; II. Price, Davenport,
Boston. Gen. Superintendent-C. G. Hammond...Omaha.
Asst. Gen. Supt.-J. R. Nichols, Gen. Tkl. Ant.--Francis Colton. ..Omaha. Supl. Plalte Div.-S. H. H. Clark. Gen. Fot. Ag.-H. Brownson..
Supt. Lodge Pole Dic.-C. H. Chappell.Cheyenne. Gen. Traveling Agt.-George Starr. Chicago. Supl. Laramie Div.-L. Fillmore. .. Laramie. Master Mechanic--1. H. Congdon., Oinaha. Supt. Utah Div.-E. W. Weed.
Wasatch. Hast. Car Rp'rs-Geo. E. Stevens.
Purch. Agent-J. R. Nichols..
Omaha. PRINCIPAL OFFICE AND ADDRESS,
Sears Building, Boston, Mass. Local Business Office...
CINCINNATI AND CHESAPEAKE RAILROAD (Projected).
Line of Road.-Cincinnati, O., to mouth of Sandy River...... .140 miles.
This road will follow the Ohio River, on the Ohio side, through the best mineral regions of the State, to the mouth of the Sandy River, where it will connect with the Chesapeake and Ohio RR., which is now rapidly approaching completion.
GEORGE H. PENDLETON- President....... ...Cincinnati, O.
WARSAW, GOSHEN AND WHITE PIGEON RR. (in Progress).
Line of Road.- Warsaw (P., Ft. W. &C. RR.) Ind., to White Pigeon, Mich.40 m.
Track laying will commence at Goshen, May 2, 1870, and to be completed to Warsaw on July 1, 1870, a distance of 24 miles. The northern division will be completed by January 1, 1871.
Directors (elected February 9, 1870). —Joseph H. Defrees, Milo S. Hascall, John W. Egbert, W. W. McVitty and E. W. H. Ellis, Goshen, Ind. ; E. S. Higbee, Milford, Ind. ; D. Rippey, Leesburg, Ind. ; A. T. S. Kist and C. W. Chapman, Warsaw, Ind. JOSEPH H. DEFREES-President....
... Goshen, Ind. Treasurer—C. W. Chapman.........
.Warsaw, Ind. Secretary--E. W. H. Ellis. ..Goshen, Ind. PRINCIPAL OFFICE AND ADDRESS.
Goshen, Elkhart Co., Ind.
WHITE MOUNTAINS RAILROAD.
(Leased and operated by Boston, Concord and Montreal Railroad Company.)
Line of Road.-Wells River, Vt., to Littleton, N. H.... ....20.78 miles.
Extension (in progress): Littleton to Northumberland, 28 miles, of which 64 to Wing Road, is completed. The object of this extension is to form a connection with the Grand Trunk Railway of Canada.
Operations.-Included in Boston, Concord 'and Montreal Railroad returns.
Rent under lease, $12,000 per annum. Dividend, 6 per cent., less U. S. tax. The road to Littleton has a capital of $200,000. Additional capital is used on extension. J. E. Lyon-President......
Boston, Mass. Treasurer-E. D. Harlow....... .Boston, Mass. | Agent-Charles Lane.
Laconia, N. H. PRINCIPAL OFFICE AND ADDRESS.
CHICAGO AND ROCK RIVER RAILROAD (Projected).
Line of Road.-Rock Falls, Ill., to Calumet, Ill.......... ...100 miles.
The towns and counties on the line of this road have subscribed on the first 84 miles over $800,000 to secure its construction.
Directors.-A. P. Smith, Rock Falls ; A. Kinyon and E. A. Bliss, Amboy; 0. P. Johnson, Brooklyn; R. M. Pritchard, Clinton; J. M. Gale and A. H. Arnold, Bristol; J. R. Ashley, Plainfield; Wm. Hawley, Lockport. ALONZO KINYON— President.....
.... Amboy, III. Secretary-James Rosebrugh.
. Amboy. | Treasurer-G. N. Chittenden... Plainfield. PRINCIPAL OFFICE AND ADDRESS.
... Amboy, III.
THE UNITED COMPANIES OF NEW JERSEY
(Union of Delaware and Raritan Canal, the Camden and Amboy Railroad and the
New Jersey Railroad.)
The United Companies, including the Philadelphia and Trenton, own the following property:
1. Sixty-five miles of canal, connecting the Delaware with the harbor of New York, and forming a part of the chain of inland navigation from Chesapeake Bay to Long Island Sound and the Northern Lakes, and also forming the main water outlet from the Schuylkill and Lehigh Coal Fields to the Eastern States. It is navigable for vessels of 250 tons.
2. Two main lines of railroad, forming two routes between New York and Philadelphia, one of which connects with the railroads leading south and west from Philadelphia, and the other with the railroads through southern New Jersey. These lines and their branches consist of 165 miles of railroad, of which 104 miles are double track, and with which are connected 60 miles of sidings and terminal tracks.
3. Terminal, station, wharf and ferry property, shops, dwellings for employés and other real estate outside of the right of way, worth now upward of $6,000,000.
4. Rolling and floating stock, including upward of 30 steamboats.
5. A controlling interest in 260 miles of auxiliary railroads, of which 35 miles are also leased, and in bridges, ferries, borse-railroads, etc., used in connection with the main lines. They also lease and operate 31 miles of other railroad, including the “ Connecting Railroad” to West Philadelphia and the line from Camden, cia Pem
on, to Hightstown, N. J.