New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-12-25
RAILWAY INTERESTS.
TIE NORTHERN PACIFIC RAILROAD.

TIE NORTHERN PACIFIC RAILROAD.
In order TO obtain statement OF the op-
erations of the Northern Pacific Railroad during the
past year, c. W. Mead, the General Manager Of that
road who The city at present, called upon by
reporter of THE TRIBUNE. His statement was, IN sub
stance, as follows:
All work Of construction ls now virtually over for the
Winter. The road is built and CONNECTED 10 the
Missouri River, distance OF $50 miles from Iniuth anu
has been running order since last May INC surveys
are finished aud locations the Pacific coast at
Puget Sound. THIS matter of the Pacific terminus was
not definitely settled until last Summer but since theh
nearly 100 miles road at that END have been punt
Since the opening Of the road 10 the Missouri RIVER IN
point until the close of navigation stopped river trans
portaton since then trains have been run only W
Fargo, on the Red River distance OF 4 mics nortic
the the road did p very good buSpess, pt
larry the transportation OF Government snppnes 70
the Western forts and lnuian agenSts; ,ar S"wn
most of these supplies have been handed lover p
but the opening Of the road to the missouri nivo
carries them about SEQ miles further noTth nnu s
the road nearly all OF this transportation ~,
the future this viii be very good emnes: ar1en
June until Nov l. H. 10000 pounds OF hl"tS In
carried the whole length OF the road Od IN
dian goods during the same eDs pe es%t t1roGsR
business, in tonnage was +SVVNuo ,p oana,
Duluth and Fargo. on the Red River. This is the
point 70 which all the supplies for Distribution III ny
Hudson Bay COmpauy's territory are cdirieu lnS
amount has been very large TINS portion o oe Inn
is called the MinnesOta DIVISION, snu hts iuoio tn
paid its expenses from IT'S earnings. DuIlnS te yea
heavy shipping business mas 1een uO PsiIroad
uth. lease of she St. Paul and Dnlnth isai,os"
The Est from country extending $50 miles sonth
ward Nearly 100000 bushels have been sent to New
York the lakes $4,000 barres Oh nouI,
mills OF Minneapolis, the largest -four nanuacuinh
city in the world have ALEC boen shipped
large number of settlements have peer "n s h"a
great deal of land has been taken up inns lds ptoI
mostly IN Western Minnesota within nuheo i 80 "
10 tho West are best adapted for wheat erGwug' ~
OF these immigrants from the Eastern states W ,
large amount Of the bonds have been sOiu an0us 'nc
farmers thus bringing the lands lnto nouce me- 80,
one colony, at place called Detr9 OF aSn' GV Sea
D
that any wheat raised by these settets "as Ooea
this year. with prospect OF three uhes 'Ha' amount
from the same farmers next year. ~, c-,.,..
nv the failure of JAY Cooke q Co. the financial mat
tiers of the company so completely demor''ized
that all operations in the way of construction were
he made next Spring The firm still maintain their con
uection with the road The mater oi new arrange
mcnt has been considered by The directors. and un-
donbtedy new deal viii have 70 be made. 1t is hoped
that some aid may be obtained rom me Governments,
esuecialv in the way of a guarantee of interest The
publication the reports OF the German experts IN Iht
TRIBUNE. which contained many facts hut wrong con
clusions did not seem 70 exercise any bad influence
upon the The rolling stock, originally made on
pattern Is in thorough order Inc track mas Deen
inspected by gentlemen from the East and pronounce
m excellent order. II the financial matters can NJ Sas
factoriy arranged, the road can nc competed ecohon''
| ally within i've years
| THE SOUTH SIDE RAILROAD.
There is probability that the extension
bopdholders and unsecured creditors will take posses
sion Of the south Side Railroad pay up tho accrued in
teret and avoid foreclosure OF thc extension mort
gage now in process. This measure If successful viii
NOT cause any change in the present management and
the most desirable that be made as il looks to-
ward paving not only the extension bondhoders, bat
| the unsecured creditors. The first and sinking fund
mortgages being amply secured the remaining creditors
will have the balance OF the value OF the road ana its
earnings other than that. required 10 paw the interest
on the first mentioned mortgages to apply on their ac-
count. Under careful inventory made by The trustees
now in charge the road aud its equipment are valued at
trhe less than 100000 The first and sinking fund
mortgages amount with accrued interest
OF about $4,000, thus showing balance in favor
| of the remaining creditors of not less than
100000 The gross earnings have Increased during the
last five years the rate Of 10 per cent annually ana
the passenger and freight business Is now unusually
the present management the DOCKS Oh inc
road show reduction in the cost OF operating or over
50 per when the present administration took
of the road on Sept 2, the monthly pay-fOh
amounted SOS but without reducing tile effective
working Of the road 10 any considerable amount tbcy
brought down tho monthly expenditures TO less than
laid and large amount Of heavy rails WIth H,platr7
have replaced the odight rails ana chairs, with which
the road Was originally EQUIPPED.
TIE LOUISIANA RAILROAD BRIDGE,
ST. LOUIS, Dee. 24.-'The great iron bridge OF
the Chicago, Alton and st. LOUIS Railroad Company.
crossing the river at Louisiana, Mo-, was completed
Yesterday aud a train of cars passed it to-day
This bridge consists Of nine spans, ranging from 100 10
2eO feet in width. The draw which is 4i feet in length
is tho longest in the world The total length of the
bridge s 2O52 feet and in IL 5000 cubic yards OF
masonry 10000 cubic yards OF riprap and 100000 cubic
wards OF earth emhankment Its superstructure In all
OF the best quality The whole "orh has been done
in less than six months. A dixie half mile Ongis being
built from the illinois shore, 20 DIS TO insure permanent
channel through the draw The officers or the railroad
and the bridge company reached Louisiana To-Day, ana
there will be formal opening OF the odge tOInoFrOw
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