The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-12-11

C1,v S1s0E .o3o.e t.sas~ Inc
amount received Tor Freight on the Atlantic
1 and Pacific railroad division was sS945,.
4 I'll 80; on the Pacific "rniiroad Iand leased
lines division, Ss;5s7, 1888 .T--total, $685..
ls8a ,08. Tho cost of the Atlantic and Pacific
Eratlfoad and fixtures, as appears from the
| accounts ofs the treasurer, June 80, 1878, was
sSe,2e2, 322.70. The running expenses OF
theiroad from july 1, 1877 to June 80; 1878,
were $685., 623.18. The same expenses of
the Pacific railroad Of Missouri and leased
lines for that period were q, 693, 028. 36-toiaI
for the fiscal year, 81, $3.50, 455.52. The in
delfedncss Of the company is as follows:
Bonded debt of the South Pacific Railroad
Company, secured by mortgage Of lands as-
sumed, 81 100, coo; Atlantic and Pacific Rail-
road Compans'sl bonds, dated July /, 1865
co years.. $2,945 800; Atlantic and Pacific
Commny's railroad and land:grant bonds,
November l., 1871, 81 100, 900; the same
company's central division land-srant bonds,
dated November 1, 1871, S737, 1922; same
company's second mortgage railroad and
land.grant bonds, dated November l, 1871,
81, 272 900; same company's scrip for bonds,
dated November 1, 1870, 81, 71S, 43S. 36-total
bonded Indebtedness, Sl5, III, 860.36; float
ing Indebtedness, 81, 758,025.3S; total in
debtedness, S1T,8T1 1914. Assets Of casb,
debts due company, and securities other than
of this company amounting to Sl,340, 010:3i
on hand. ''.A'' 70 u 49, ,it - ,
Stock. of the Northern Pacific Railroad
Company to the amount of 81 100000 has
been subscribed; and certificates for IT., 695
shares of $500 each have been issued. bur
ing the year. 1873 the road was definitely
located froiil the mouth of Heart river, on
the Missouri, to the mouth Of Glendive
creek, on the Yellowstone, distance Of 205
miles. The precise point of crossing the
Missouri river has not yet been fixed by the
company. The surveys necessary to COM
plete continuous line across the continent,
which were left unfinished last year by rea-
sou Of the open hostility of the Sioux In
dams Of Montana and Dakotn, have this year
been brought TO most satisfactory conclu-
sion. A continuous line has been surveyed
from Lake Superior to Puget Sound, and the
data have been obtained for deciding the
final location of the road between the
above named termini. The entire line of
route has not as yet been definitely fixed
upon. The company reports that for cli-
mate, soil, quantity and variety of mineral
wealth, and all the elements necessary to the
support of Il dense population, there is no
zone of similar extent and value between the
Mississippi river and the Pacific ocean as
| that s'oi the region lying between and con-
tisuol,s to parallel As and 47 north latitude"
The whole amount expended on surveys
| from the beginning of the work to July
last, is Sl.O5S,S737 The extent of line
surveyed is 1888 miles, and in addition
1850 Of river reconnaissance. The amount
received frum passengers on the road
lin Minnesota and Washington terri
tory is S153,551.97; for transportation
of freight, SS93, 1928, which includes
a few days of the earnings in
June, 1878. in Dakota. The expense Of
the road and fixtures has been $4,000,
$4,000. and the Indebtedness of the company
is S2y, 309. 337 40. The word expense" as
used above. is said by the company to
mean tue cost of the road proper, and it:
fixtures" only. The company's report
states that on October /. 1878, trains were
running regularly (both passenger and
freight engaged in the general traffic from
Lake Superior to the Missouri river, a dis
lance of 453 miles. and from kalama, Oh The
Columbia river, northward, 10 miles toward
Puget Sound. Beyond that distance of q
miles, track has been laid, and 10 miles
more nearly graded. which. when completed
(about the 1st of December this Year,, vii
make continuous road from the Columbia
| riyor tn Puret Sound of los miles.