TABLE EXHIBITING THE QUANTITY OF WORK DONE IN FIVE YEARS, (1846 TO 1850 INCLUSIVE,) ON EACH OF THE FOLLOWING ROADS, EXPRESSED IN passengers CARRIED ONE MILE AND IN tons of freight carried ONE MILE; ALSO THE GROSS EXPENSES OF EACH ROAD FOR THE SAME PERIOD. FOR THE PURPOSES OF THIS COMPARISON THE COST OF TRANSPORTING A PASSENGER ONE MILE AND A TON OF FREIGHT ONE MILE IS ASSUMED TO BE THE SAME. The above table, it will be seen, contains a statement of all the work done on all the roads before named in five years, (1846 and 1850 inclusive). It exhibits also the entire cost of doing the work; that is to say, all three classes of expenses are included, being the amount expended of every kind, except interest on capital. The general result furnished by this table is as follows: 759,390,026 passengers or tons of freight were transported one mile on all roads named, during the five years specified, at a gross cost of $10,977,839; and to do this work the trains ran 13,755,550 miles. The table will show that the maximum cost was 1.961 cents per passenger or per ton, carried one mile; that the minimum cost was 1.302 cents; and that the mean or average of the whole was 1.445 cents per mile. In the Western, its figures stand: 213,925,952 passengers or tons carried one mile, at a gross cost of $2,937,593; and the average or mean cost, 1.373 cents per mile. The following table shows the useful effect produced-being the amount of available or paying work done for each mile run by trains in the five years, (1846 to 1850 inclusive,) expressed in passengers or in tons, carried one mile. The general result is this: 13,755,550 miles were run by trains, 759,390,026 passengers or tons of freight were moved one mile, and the average number of passengers or tons of freight carried for each mile run by trains was 54.12. The maximum number was 68.4; the minimum 40.0; mean 54.12. In the case of the Western 3,696,713 miles were run by trains; aggregate of passengers and tons carried, 213,925,952: average number carried for each mile run, 57.9. It will be observed that no allowance has been made to compensate for the 2,000 feet and upward of elevation which the Western road has overcome between Albany and Worcester, nor for the heavy grades by which the principal summits are passed. It is plain to be seen, however, that with grades not exceeding those of the roads with which the comparisons are made, a large increase in the number of tons transported for each mile run would be exhibited in the table. TABLE EXHIBITING THE USEFUL EFFECT, OR WORK DONE, FOR EACH MILE RUN BY TRAINS ON THE FOLLOWING ROADS FROM 1846 TO 1850, INCLUSIVE, EXPRESSED IN PASSENGERS AND TONS OF FREIGHT CARRIED ONE MILE. COST OF RAILROADS IN THE STATE OF NEW YORK, 1851. 175,000 175,000 66,613 none. 6,556 ...... 1,375,600 1,036,800 728,273 none. none. 22 300,000 300,000 300,000 125,000 none. 125,000 f68,917 81 b No part in operation. e Operated by Erie Railroad Co. d Leased to ditto. e First report no part in operation. ƒ Second dit to VOL. XXVI-NO. VI. EARNINGS AND EXPENSES OF RAILROADS OF NEW YORK, 1851, sengers carried one Whole number of pas mile mile run .......... Number carried each Earnings from passen gers.... 4,565,954 83.3 mile.............................. Cost per passenger per Earned per passenger per mile.................... ci business..... Expenses of passenger 5,152,258 90.9 $146,649 $57,089 2.84 1.11 259. 101. 1.73 ... ... Buffalo and Niagara Falls. 22 81,334 150,792 3,028,300 96.6 83,677 27,530 2.76 0.91 267. 88. 1.85 179. ... 76 194,319 322,985 18,025,158 92.7 366,245 Cayuga and Susquehanna. 35 42,160 27,731 728,800 17.3 20,698 Hudson River. 144 232,346 749,124 24,721,092 106.4 361,653 Hudson and Berkshire.. 31 38,500 45,512 707,889 18.4 19,192 Long Island.. New York and Erie.. New York and Harlem... 131 N. York and New Haven. 61 Northern 464 725,978 688,789 95 216,462 2,673,077 ... ... ... ... ...... 52,213,092 71.9 1,163,535 14,595,518 67.4 434,791 2.23 0.83 160. 60. 1.4 100. 733,222 872,652 243,810 2.55 1.67 174. 108' 0.88 66. 98,426 320,862 796,936 30,323,236 94.5 67,538 118 107,919 80,288 35 52,360 178,740 595,500 not giv. 1.96 90,355 3,084,149 28.5 83,560 42,937 2.71 1.39 78. 40. 1.32 38. 129,736 2,042,268 39 57,710 35,039 2.82 1.72 110. 67. 1.1 43. 20,000 4,697,853 134,288 ... Rochester and Syracuse.. 104 356,304 Saratoga and Washington 52 Schenectady and Troy.... Syracuse and Utica Troy and Greenbush Utica and Schenectady Watertown and Rome. 513,241 30,519,808 85.6 690,948 54,658 2.86 1.12 238,195 2.23 0.78 194. 67. 1.45 127. 121,056 1.74 ... 184,224 3,850,901 131,093 20 52,755 70,478 1,444,696 27.4 28,652 ..... 53 169,373 449,870 18,892,881 108.6 871,935 not giv. 8.40 40,678 1.98 2.81 150,910 2.02 0.82 6,075 15,898 219. 89. 1.2 130. 58,006 86,849 6 .... 30,548 135,458 812,748 26.6 19,704 23,917 2.42 2.94 64. 78. L. L. 5,040 29,44 245,440 458,731 27,462,475 111.9 560,523 180,083 2.04 0.66 228. 73. 1.38 155. 134,268 115,750 97 52,544 56,907 1,508,964 28.7 87,870 14,164 2.51 0.94 72. 26. 1.57 46. 19,472 84,870 Amount of dividends, Total transportat'n ex penses Total earnings....... gers and freight.... other than passenEarnings from sources Profit per mile run.... Cost per mile run.... Earned per mile run.. Cost per ton per mile. Earnings per ton per mile EARNINGS AND EXPENSES OF RAILROADS OF NEW YORK IN 1851-CONTINUED. Freight expenses .... ... 6,066 90,348 ....... 395,162 19.4 ... Rensselaer and Saratoga.. Rochester and Syracuse Saratoga and Washington. Schenectady and Troy ... Syracuse and Utica.. ... 6.53 4.41 159. ... ... 34,790,480 47.4 1,108,138 586,858 3.18 1.68 151. 2,399,435 24.4 not given. 8,319,043 63.8 426,748 21.3 744,883 5,416,084 44.7 237,530 82,916 4.88 80. 1.5 71. 107. 2.12 52. 61,483 46,942 3.00 1.55 80,722 24,128 7.77 6.16 150. 516,600 11.5 37,095 14,594 7.18 2.82 83. 851,158 89.6 36,054 17,164 4.28 2.02 168. Buffalo and Rochester, ten months. Cayuga and Susquehanna Hudson River... 1,564,986 35.4 $87,482 $46,599 5.58 2.98 198. 105. 2.6 93. 5,765 $239,847 $103,689 $70,000 6,479,165 44.8 74,844 3,010,730 45. 156,806 105,777 104,664 not giv. 200,049 120,175 2.40 1.44 154. 13,022 10,103 3.05 42,055 25,225 5.64 ... 2.36 65. 50. 0.69 15. 22,682 2,271,673 1,021,649 346,856 590,942 348,587 215,542 728,507 354,276 174,930 291,168 163,112 93,415 45,143 12,250 3.38 ... ... 1.53 164,883 77,069 53,172 4.78 268. 257. 0.21 11. 191. 105. 1.34 86. 357. 161. 5.6 196. 187. 75. 2.7 112. 45,495 857,619 281,303 412,400 247. 110. 2.52 137 7,865 93,868 35,561 Freight earnings..... Tons each mile run... ried one mile...... Total tons freight car Name. THE POETRY OF RAILROADS AND CANALS NO FICTION. J. E. BLOOMFIELD, Esq., a gentleman known to the readers of the Merchants' Magazine by his contributions to its pages in years past, says:— It is more than eighty years ago that Darwin wrote: "Soon shall thy power, unconquered Steam! afar a prediction as remarkable as its accomplishment. Joel Barlow wrote his epic poem of the "Vision of Columbus," seventy years ago. In the Paris edition, book ix., from page 253 to 262, he portrays "the future progress of society with respect to Commerce, discoveries, and the opening of canals." From it I make the following extracts. The Erie, Ohio, and Illinois Canals are foretold: "Now, round the yielding canopy of shade, Again the Guide his heav'nly power display'd. * * * * * He saw, as widely spread the unchanneled plain, And Hudson join to broad Ohio's wave. From dim Superior, whose unfathom'd sea And towns and empires rise along their side; The prediction of Darwin, relative to railways, is not more singular than the de |
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