, 1873-12-19
UNION PACIFIC RAILROAD.


UNION PACIFIC RAILROAD.
Report of tho Government Dfsoctorw
From Tho OMahn Republican.
In the report Of laat year tho Directors sayt
oeaby 20 squql nnm5er 59 Of consecutive ca mile
bcttcr condition" But now tlloy say tho road
"ia in better condition, in many reEpoctu,
thnn 1t waa then." A grcnt deal Of work wal
dpne in ds12 S Eara 9g1ns' n int ec 2
port, tho Directors say that tho efforts being
made by tho General superintendent to provent
= renewal of tho snow-blockado, will, in our
Judgement II ho s o aow9a to , RGri0t it, hGm en-
Judgment ia justified. During 1929 but ons
train waB detained twonty-four. hours, and foY
oastorn connections wore ''loss ut Omaha during
tho entire winter"
During tho ycar. 9s1 mllca OF road 1lavo been
raiHca from to q faot.-an avosago of 3 fcot.
Seyenty-fiyo miles Of snow-fonco, md mllca Of
snou.shods havo bcen built. 1t is suggested
1has these features will bo dispensed with BY thu
protected by sl,ods aud fouecs. Widening thest
cuts will, itis estimntod, dispense with 1b miles
Of this sort Of protection and exponBe. Al
tho sano time that this Improvement is goins
on, tho longcat and highest troBtlos arc hnina
filled at comparatively slight oxpenHo.
sixty miles OF new iron have bccn laid and
GOO. Qo0 ties roplaced-the 1attor at about lalt
tho former cost
Tho number Of engines Is given at 147, the
cost ranging from $4,000 to sI5,000, making
total in valuation of 81, ,6s250o. On The 2uth of
August TIE csrs, a etc., arc given aggregate val
natson e. Ii, ,25o AZ 1oorted ia good condl.
$50 hand, derrick, wreoklng, mail, u baa>
gago, 2 pay, al'd ofticers cars, bosaidcs ths
regular first md Bcoona-c'ass coaches and tbs
see %opo st n oda f So ao loo hn hex % I'D
tiopnl number ia boing constructed. In tho To-
comotlyo department, tho shops. with dimon-
slons. qtc., arc g1yon ct omal'a, Grand Island.
amio, Medicine Bow, nawlipa, Bitter Crool,
Green River, Evanston, and Ogden. Machinery
and condition pronouncea good, and capacity
apparently sufficient.
Tho wator stations arc given !; mode Of
mcntod upon Its exortions and Bucccss il,
the soarch for springs, and In boring arto~
sian wells. There are 10 wate1-slntionst
supplied BY artesian wells, the aggregate cost Of
mills, md IS by hnnd.
Parties operating in coal on tho line Of thu
road oxproaB Willingness to furnish coal to tha
raiiroart company at from e2 to ss pcr ton. Tha
prico now notninaly paid to the Wyoming Conl
and Mining Company ia $3.50; tho dInor.
cnco botweon this and the contract pricd
as sot out In our report Of laat year Is, no ara
Informed, held in nbeyanco for adjustment al
some future time. Tho Coal and Mining Com-
pany claims full contract psico, which, ns we ara
Informed, reliably VIC doubt not amounted GU
Company Of 81 ,975 ,59G.e7, w1iIe tho BALANCE dua
ut that date at the nominal price Of $3.50 waa
5263, ,3s2. IT, leaving balance Of 5812, ,21485. no,
dollar OF which, i'll our Judgment, Should ever
be paid. And we arc ilr,uiy Of tho opinion TINT
| an entirely now policy with respect to the fuel
deposits along tho line OF tic road, should ba
adopted, both Us to the supplies for tho Company
mud for general consumption"
The total earning3 for tho year ending juno
l fnr iu
thoy waro 37,a5a, ,614 40 incroaae. IL G5s 80
The operating expenses for the year arc s4.G97,.
939.56; for the previous year. 81 800, ,8lG.9a
inctcnao. 4997, 1892. 1ncrcnHc, 10 not earnings,
It is claimcd tint the road " is completed
road within the meaning Of tho acts Of Con.
1oydoE sH so for % ts nef y to m
ncros at an average Of sA.bo per aero, aGgre~
eating 90, 595, AGO.
Tine jepss' pss'1 o1s s g fs hs'
s5o 'er per acre. ana some q Eo ands ssoa
arc paid for in Immigrant bonds Of the Company.
Tho bonds, when thus rccel'cd; arc Cancelled,
md tie debt of tho Company reduced in CORE
spending amounts. Some aro sold for part Of tho
priuo paid in caBh, with balance On time, bear
ing interest. 1ncither oyent the Company gets
o proscnt pocuniary benefit. Still, too lande
lt1Hh bulu AIe Aot hNDJCCt u IiAhtluI. hGsuSSCat
TINT some retncly ought to 10 provided for this
anomalous casc." They favor ccrtitication Of
the lands.
Tho report further states that u liberal man.
agement. especially in the freight department,
would bling tho annual earnings up to So ,000,.
600 within Two years. THIS 10 the closing para.
graph TIE safety Of tho Government invest
mont depends on tho future Of tho road, and We
cauuot urge too strongly, TINT Bomo means be
devised for d looalization of the executive powo'
OF tho Company"