HYDROLOGY OF NEW YORK 



609 



the basis of $3000 per water right, and further assume that the 

 extreme low-water flow is 200 cubic feet per second, the value for 

 permanent power becomes $120.35, while at $4000 per water right 

 it becomes $164.45 per gross horsepower. 



At the present time water rights on Brown's race are about as 

 valuable for business purposes as those on the Johnson and Sey- 

 mour and Rochester, Carroll and Fitzhugh raceways. Hence, at 

 $4000 per water right, Brown's race is cheap waterpower even 

 under present adverse conditions of low summer flow of at times 

 only about 200 cubic feet per second or even less. 



Rochester Power Company's raceway. This raceway is on east 

 side of Genesee river, at upper falls. It is entitled to - 8 ~5 of the 

 entire flow of the river, being the balance of the flow not taken into 

 Brown's race. This power is now owned by the Rochester Gas 

 & Electric Company, having been purchased by that company 

 a few years ago. The purchase price is not known. On the 

 same basis as on Brown's race, the waterpower would be worth 

 $18,000. As a matter of fact, however, it is probably now valued 

 much higher than this. 



The Genesee Paper Company and estate of Clws. J. Hayden. 

 This waterpower comprises the entire flow of the Genesee river at 

 the middle falls, where the head is 28 feet. The Genesee Paper 

 Company owns H of the entire flow of river and the estate of 

 Charles J. Hayden, -h. With 1000 cubic feet per second flow, 

 the gross horsepower at the middle falls is 3180. Of this, 2703 

 gross horsepower pertain to the Genesee Paper Company's power 

 and 477 to the Hayden estate. The Genesee Paper Company offers 

 its water rights at $125,000, or $200,000 for the whole property, 

 which includes a number of not very valuable buildings and 

 several acres of land. At $125,000 for the Genesee Paper Com- 

 pany's water rights, the price per gross horsepower, on a basis 

 of 1000 cubic feet per second flow, becomes $46.24. At this 

 price the total value of the water rights at the middle falls is 

 $147,043. It is considered that the balance of property of the 

 Genesee Paper Company is worth the price asked, namely, $75,000. 



The property of the Genesee Paper Company was sold to the 

 Rochester Gas & Electric Company in February, 1900. 



Brush Electric Light Company's power at lower falls. This 

 company, which was absorbed a few years ago by the Rochester 



