New-York tribune., 1871-10-10
PROGRESS OF THE NORTHERN PACIFIC
RAILROAD.

Messrs. .Jay Cooke g. Co., the financial
agents of the Northern Pacific Railroad issue the follow
ing circular regarding the prosperous progress OF this
enterprise
Tho track s about completed across the State Of
Minnesota go miles the grade being wholly finished and
the approaching the Red Ryer at the rate or
three miles day Regular trains ruhatns over the
In the latter part of September contracts were let for
the construction Of the Dakota division extending zoo
the crossing Of the Missouri, in central Dakota. This
division to be finished by the first day Of July next
and so miles are to graded before the beginning OF
Winter In the mean time section of IS miles Is under
construction between the Columbia RIVER ana rnSeis
Sound in Washington Territory, where tracklayng IS
fV Il viii be remembered that the Northern Pacific Com.
pany last year purchased both the Main Line and Bren
Of the st. Paul and Pacific Road Within the last three
months the Main Line has been COMPLETED an
tracts were last week let for the continuation OF tne
Branch from its present terminus at watao On aa 1Ie
will jon the trunk line Of the Northern racine Flnahy
contracts have been let for the CONSTRUCTION OF Orsn @
road from ar Cloud rs miles north OF So Pau 10 Pem-
bina on the British border distance OF S76 miles I'M
line is to be completed within hteen mouths OF the @
present time 1t viii drain the richest portions OF the
he'd River Valley open direct communication with the
British settlements Winnipeg and the rich saskache-
of The Sortbern Pacific Road reacing 70 St. Paul and
Minneapolis, and thus connecting Win Chcaso ano 'no
hS COMPLETION Of these contracts win give the Northern
Pacific Company at the close OF next year goo miles OF
road in the fertile and prosperous State OF Minnesota III
will carry the trunk line the great thorouRhfare nearly
onetbird OF its distance the continent and Will
br,ns to the Northern Pacific ROAD the large and profit
able traffic of Montana and the Government nansporta-
tiou OF the upper Missouri. -, ,.,.
It ia antcfpated that this business alone, without
waiting for through trade win meet the interest on the
cost of the finished portion Of the road The Hudsons
Bay Company already leased docks aud warehouses
nj Dnut doing the whole OF ts Immense
business over the Northern Pacific line. -
Setters are occupying the lands along the route with
surprising and gratifying rapidty. .. - !.
About the lst of January next nearly 100000 acres OF
the finest lands In Minnesota will be placed In market
nv the Northern Pacific Railroad Company, and the pro
ceeds of their sale will be used to purchase AMI cancel
fbe Company's 7.S0 bonds. The Company's lands In
minnesota viii much than pay the cost OF building
br MINNESOTA Division OF the Road. and their sale Will
he rapid-indeed, many thousand acres have already
been sold TO actual settlers In advance OF being offered
The Coupanys lands west of Minnesota through Dakota
prove to be O superb character and will speedily come
Into market II ,.
which all departments Of the enterprise managed,
and the great reduction In cost of material within the
last few Years tine cost OF construction and equipment
proves to be considerably less per 'c than che original
Estimates Fer example, locomotives which cost NsUoo
each when the Unioh and Central Pacific Roads were
built are sold at $4,000 best American rails whch
during the sold at about 800 tun now cos. hs
Northern Pacific Company only about SO per un rsns
OF way, and Stone and timber iDaterlli, WINCH aro
usually large items In the cost OF now roaa aio i h
nshed to the Northern Pacific graultouSy Iro .ho
Government domain. Tho bearing that ths Gfrasu G
dminiAhed cost of construction must have On 'ne su0