OCR Text |
Show LOCAL NEWS. Statistics gathered by the Railway Age as to the mileage of new railways now under construction or projected in the United States, exhibits very clearly the rapid progress of the country to material development. During the last six months railway enterprises to the number of 287, and covering a contemplated mileage of over 20,000 miles, have been announced as either in process of construction or projected, and the list does not include a number of lines concerning which the precise facts are not known. With a few exceptions all the new enterprises are entirely legitimate and probable of completion. Indeed, it is a characteristic feature of railway projects at present that they are, as a rule, intended to develop new regions in urgent need of transportation facilities, and, moreover, that a large number of the new lines are being built by strong companies as feeders to their existing systems. The mileage of new roads is greater in Ohio than any other State. |