http://en.wikipedia.org/wiki/Golden_Spike wrote:
<<The "Golden Spike" (aka "The Last Spike") is the ceremonial final spike driven by Leland Stanford to join the rails of the First Transcontinental Railroad across the United States connecting the Central Pacific and Union Pacific railroads on May 10, 1869 at Promontory Summit, Utah Territory.
Completing the last link in the Transcontinental Railroad with a spike of gold was the brainchild of David Hewes, a San Francisco financier and contractor. The spike had been manufactured earlier that year especially for the event. Two of the sides were engraved with the names of the railroad officers and directors. A special tie of polished California laurel was chosen to complete the line where the spike would be driven. The ceremony was originally to be held on May 8, 1869 (the date actually engraved on the spike; see below), but it was postponed two days because of bad weather and a labor dispute that delayed the arrival of the Union Pacific side of the rail line.
On May 10, in anticipation of the ceremony, Union Pacific No. 119 and Central Pacific No. 60 (better known as the Jupiter) locomotives were drawn up face-to-face on Promontory Summit, separated only by the width of a single tie. It is unknown how many people attended the event, estimates run from as low as 500 to as many as 3,000 government and railroad officials and track workers were present to witness the event.
Contrary to the myth that the Central Pacific's Chinese laborers were specifically excluded from the festivities, A.J. Russell stereoview #539 shows the "Chinese at Laying Last Rail UPRR" (8 Chinese laid the last rail, and three of these men, Ging Cui, Wong Fook, and Lee Shao, lived long enough to also participate in the 50th anniversary parade. At the conclusion of the ceremony, the Chinese participating were honored and cheered by the CPRR officials.)
The golden spike was made of 17.6-karat(73%) copper-alloyed gold, and weighed 14.03 troy ounces (436 g). It was dropped into a pre-drilled hole in the laurel ceremonial last tie, and gently tapped into place with a silver ceremonial spike maul. To drive the final spike, Stanford lifted a silver spike maul and drove the spike into the tie, completing the line. Stanford and Hewes missed the spike, but the single word "done" was nevertheless flashed by telegraph around the country. In the United States, the event has come to be considered one of the first nationwide media events. Immediately afterwards, the golden spike and the laurel tie were removed and replaced with a regular iron spike and normal tie. At exactly 12:47 p.m., the last iron spike was driven, finally completing the line. After the ceremony, the Golden Spike was donated to the Stanford Museum in 1898. The last laurel tie was destroyed in the fires caused by the 1906 San Francisco earthquake.
Although the Promontory event marked the completion of the transcontinental railroad line, it did not actually mark the completion of a seamless coast-to-coast rail network. Because no railroad bridge yet existed over the Missouri River between Council Bluffs, Iowa and Omaha, Nebraska, passengers were required to cross the river by boat until 1872, when a bridge was built across the Missouri River.
In 1904 a new railroad route called the Lucin Cutoff was built by-passing the Promontory location to the south. By going west across the Great Salt Lake from Ogden, Utah to Lucin, Utah, the new railroad line shortened the distance by 43 miles and avoided curves and grades. Main line trains no longer passed over Promontory Summit. In 1942, the old rails over Promontory Summit were salvaged for the war effort; the event was marked by a ceremonial "undriving" of the last iron spike.>>