Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1854-01-23

80 '0NN !" ootes - = II - - 2 W
The gross receipts for 1853 (ah forum
ming miles )are thus stated:
From Passengers S 1855 81
Freight ,S20 %
Total (erclasiue Of materials
transported on construction
accountO 22l ,4t5 SO
Expenses of operating, re-
pairs to track cars and en-
gines, salaries, &C., 87,Il5 48
Nett Receipts 1874 $40 IA
Deduct interest paid on Com
struction bonds $500 90
Applicable to dividend on
$69S,So0 of stock, being
balance of cost of that part
in operation $76,14o IA
The Board at meeting on the 9th in
slant declared dividend Of ten per cent
{ 1863, 990)payablein stock leaving sur
plus of 6,260,l4. This is highly salts
factory.
The road was opened to Stoughton
$50 miles from Milwaukee JON the I'd Of
January. By the terms of the Cooke
and Sherwin contract it was to have
been opened to Madison on the LIST but
the Contractors failed TO fulfil. The
grading, bridging and masonry, howev-
er, on this additional section, is nearly
all completed; the ties, rails SC. for the
superstructure on hand, and expenditure
cf $40, 900 will finish it up. The road
will be finished and opened to Madison
without fail, ready for the Spring bust
ness. Beyond Madison to Prairie du
CHEN on the Mississippi, the route has
been surveyed, and the line located and
partially graded to the Wisconsin River.
The contract with Mr.. A. l.. Catlin,
Of Burlington, Vt. for the construction
Of this portion of the road has been can
ties and for reasons set forth in the re-
port. The Company are therefore in a
condition to put the work under contract
to the Mississippi at any moment that
they may deem it expedient to do SO, and
the Directors announce the determine
lions TO press it forward with all posi-
BILE DIES patch consistent with economy
and proper regard for all the interests
inv olved.
The Reports Of the Secretary. Treas
urer and Superintendent accompany that
Of the Directors. From the Superin!en-
dents we learn that 1875 passengers
have been carried over the road during
the past year without the slightest in
jury or accident Of any kind to one of
|them-and that $1,000 tons freight have
also been transported, besides very
large amount ON construction. Two
Passenger and two Freight trains have
run daily (Sundays excepted) during
most of the year. The Superintendent
speaks Of the road, as far as built, as e.
quail to any of the first class roads, and
describes the line West of Madison as re-
Imarkably direct, with easy grades and
Of cheap construction. During the year
buildings for the Company freight
Warehouse, Brick round house, machine
shop &c., to the amount of $20,925
have been erected in this city; 4,S85
rods of fence, costing 1913 1896, have been
put up and Passenger and Freight sta
tons have beer built at Fulton So ,68S,
at Stoughton, So ,638, and at Madison,
! $4,000. The Machine Shop, Car House
&c., at Waukesha were sold in July last
to Messrs. Case & Pullen for $l2, 600 /;
the Company taking in pay IS box cars
at 1925 each, and % platform cars at
1925 do. This establishment at Wauke-
sha will henchforth be able to supply the
Company with cars. The Equipage Of
the road includes 8 Passenger Cars, 4
Baggage do, III Freight, 40 Gravel, ID
Hand do. and Ii Locomotives. The
sum Of $S7, ll5,48 for operating the
read during the past year, includes all
kands Of repairs and expenses, as well on
lconstruction as on running account
This is but thirty -aiae and one-third per
cent OF the gross earnings, fact which
speaks volumns for the careful, vigilaat
and economical supervision which has
characterized the management Of the
road Mil. Sent.