, 1874-08-03
canaon noioora sEa IT its f'rnt aspoot, though Z
business Of tio iIonaaered yaar III connoo!ion 3

cauaop eaDSsp0enf' .Ea IT. ~ rat aspoot, though
puS'noss OF tho year therc iii t,t..eosloh ~ s
r,.a. MUCH GROUND OF rorr IN Tvr ~ !uugiA-
on tn main tn'in H., aaa boon IN icroaao Of =
tons oi i2 per rDSyo e"nt TUG ppf1or yoar Of lS
from thls bilsineya Laya inoe"ag innoagh tho eatn1ng
pos cont tho incroaao in throuahe.fn nfG,y 7-lo
Syf; s iSS epta sa bus a Soer es 'irs Sos
through freight has beon 2e2'5G9A ~ ,Oount
nppve nr,r that Of the same kind Of fre,rht :, ,
tron uJn ag6t fslling-of ia through WoHt .horn na
ioca5 fro;lfa ~ ~ tons and largo iallllig.afT II
tho wI,oien ot tho road OF 8.420 tons; but, or
THE lNc1sEAsE OF puafsra. mia nrxv
Notwithstanding tho disturbance and I1%s, tnnra,.
threo. tire on iesof' class OF buainess durine
ine fiom tho ananofal sas 'ea5 t;on,,n 5oau't; i;
n"st 1no county: Tho very largo Increase tn to
naat. eonnd tonnage Of the road s wi,ov - III ,e ~
.1e n1 Oh tno large improvements whch haya hoan
DO tat kd II SusiosSss aHe Ssasi T which enables
o.spatch fny equal to those Of all oter 1fnaa sna
aisd which 1t s believed viii onnblo IT NJ sit timcs
toue ~ command full share Of ali tho 1Ja hmai'
wills lM'0n tie b,,aoo.S aao ent t., ard tho Eaat but
ho largely increased, tho carnfngs torofro1nn nn
naVo mt Increased In proportion, sn1 nanan,ait..
tno ,nsa ncs % %eaInnRe. IN the oaatbound cattle bua
yory va1mnt1o ~ ~, scIy afgo, and was formerly
ia a14Es IT'S 1AyE nEEN ALMOST TOTALLY DESTROYER
corrp cor sno pess year Through tho effect Of cal,ses
Gn-ase VITA Eastern roads, md whfcl, rhiu
eu ptmy t',ayt has 'asod Lad no ability to obvato'
autlng THAT time at not mucb. If @ mnr aiouo hono
oost q doing it. A liz otbor eb bnsin,sh aess sa1 tho
Las onn ese GastWsrd uince tho crisis Of September
mcncomont NJ oflas; * 'is tor time after tito com
"y Ltevly'ng but never In volume to Iii t,o
MSapaeity Mp of tue roads. between Cicorn m ang sn9
hHs IN" h aorh .he competition for It. tiopofnrn
ini,o u9'u aoal'e' and rates hayo not boen muint
o,ru,., TIE AVERAGE RATE OF ALL rnryo1r
dasi,ea n;s oyer tho lines Of tho Conpany In. h,o,
Mia s auain:t 1mG yea1 only LAD eonts por ton nor
ee ~ - eus11eas which it has done Of atoe 55a Tun
~ OF which Is taken from tho not carn1s
" nat SHOULD be huch. Of tho Company. s'' "
a BTEEr. RAILS
There have been laid with steel rails ,no,, .,,1
mn limo 721 milca Of double tack @ ghioIt tho
,Ylth the airline. makes I75 milan n "Il'nt ~
uonplo tt n track between Detroit and Chicaro ' ~
tnls ~ 1o9 o-loo mtles haya been laid dl1rIne IN
1tst half OF tho present fiscal yoar, WV
THE BRIDGES AND cuLyEBTs
generally nndor tEin track arc Of rnnsonrv .u,
'u1stlucteu IT, IN the most permanent aud suhston.
"a :. manner. Tho main line has boon hid With
80 ~ ~ oiisae len9sn or it. with tho o.
a.a nc 80 80 far Us was necessary. Tic wbnio
me or both singh and double tracks ia nroIativ
=, 4 ~ Eond condition al is possible viii traoks
Tho shops nro substantially eomn,.t.a
90 ooe!l convenient and ADEQUATE. now
.aton Or passenger house has boen bn,t A.
aG;h1Hon, '.;1 adequate to the convenience Of tho
ecn hn;It III - .no company Bmalier ones have q
ny whore the necessity had pocoma no mreant ant !
to 10 imperative. % u'sens u
During Tho rsat Sid edn1Sas; S''l,;., u
tent IS paai Sys year ha1a additional p ansato tho
= IN ths c,c.go 30" pst90t 'sts 1ae1's nel'qang
. ~ r''gs, or about 20 miles less than half tho +
ai chan isestR GtR .na sr the aso road large
r., aug M making Up OF trains, has boon con. ~
saetea and MI additional engtno-houae at to ~ ~
WATER suppLY, =
Tho worka for tho supply Of vntor At TIM u u
rlous stations have bonn oriorroI 'ao Ii
'os e., tho Increased demand unnn Thar =,
nn5oto seeat the result has boon alnlos
cauucty sosonetfotlon n th; as web as enlargement
boing had, to make tic road odo. ,,
~ 20 tho nusinoss 1t might reasonably expect ~
saa adove'opmont tho West, which las beon m .n
.,r;,a: a..I "'a W 90 continuous. Another ~
principal cause Of tho 1ar.s ratio Of A. Ut
se o. aoing tue huslnceB tho pust year to Tin u
n1nga Ia the diminished rates At wl1icl III or
lnoss u nas been done for the REASONS aboyo 'ne
lado nos tho Easos been almost totally bo
ntry and partly by tho dieaentions among tho ~ ~
laGors Of railroads, tho oarnines Of thia ia oft
ipaay yo would llavo been from tic Same busi tho
!, no soof sSo'12 sgoater than they woro fro mo,
nal co '''t fho and pa;e T59 If no aa
proportion to- earnings would hnyc heon va, eori
b reduced. Tho ratio Of exponsos to aarn ary pan
u!nling tue year before last on tile mnin a.. is
vo Of ea '' GO we se- Ss ''GS @sr"s s"a s ex,
yoar 1t Inns bcon "a 1n'inns tne deoi
my taxes. and 05 45-1oo oxoiusiTo that
'en. M \, nut during tho year thoro have bonn olas
81 fro;m Inc Whoo length Of tho road 400 89a tons
1fosGht, with only $500, ,i0t, 10 incroase nf
'nga: T. Had the same rutes ruled during tl,a nr,.
as dlu unsing tic prior year. tim yntio ~ AIis
nsoa !! sa to earnings would have boen, with
Z !, i'oa1t'ueo' a'e' sa2l.o8; doed taxes excluded w
:, EXTENDED FOE CONSTRUCTION Colst
y .no year ~ odo G3oG G2, Among the items st iea
or double track ind a, All rn;i iH cl
81 ,093. .4l4 .03: for Additional a1, nnan nWar
repairH to shops for enrs M 11atESa,1t bcgu
louses at jackson, Detroit anl Michigan
RI, sG23. .507.27. s'%0'o"- orB n
ugh ali the contaminated ,r,rrozo.,o.. tho {
on tho Dermnnont n,nnort ~ ~ o.on1el's of.
was substantially comnIat:d y ta1 .1lu eo II Il
% oecnred na3, yat there waA large debt re-: Sd So
paid by tho saleof tbn ho,5s - .I1 ae % IeeI shoul
and but for tho dsrnrho 10 ~ IT, sao % Gom is MT
Company by thu l}nanc;nt cri.s 'a5 ny form
upon the revenues Of the Company, tue ro ata, mo,
" 'so "1u1a nayo now boon almost ontrely 'A''o"
! mud interest appcnhle ~ diu;Io,,'1s eA- One
board regret to INV thnt # u n.'a ., War,
'at tue earnings until Junuary NAV be- re- "ooK'
10 eSt'nGu.sh tho remaining aoating iobt. ,ru
TIE G., g., G l.. apond
tESTs CONCERNING Irs r1yANo1.r cov as tho
DIT1oN. W w :
loHF' Aus: 1.-The Eoeniny Post will II