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Updated: May 18, 2025
The panic came, and from 90, consols declined dismally, slowly, hopelessly, to 85-1/2; securities less secure sank with a rapidity corresponding with their constitutional weakness.
But to despair was impossible in the face of such running; and when Erie, 8-1/2 miles beyond Dock Junction, was reached, the 95-1/2 miles from Cleveland had been done in 85-1/2 minutes, at an average speed of 67.01 miles an hour. The average speed for the whole distance from Chicago was now 63.18 miles an hour, which was crawling close up to the record.
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