, 1875-09-28
RAILROADS.

UNION PACIFIC AKHUAL REPORT.
WABnINuToN, =. c., Sept. 27+-The QoYeru-
naout Directors Of the Union Pacific Railroad
lIavo filed lhoir annual report for the year end
iug July T. 1876. The gtoss receipts wese <ll,-
522, 2,021; iucreaso over 1874 Of s1,275. 500. 1n-
crease of not easu,ugs Bhmo time, $l,576. 42A; ;
operating expenses. e4,7s9 $50. Thero hAve bsen
added 10 tho road-bed In the shape Of iron
bridges. dcpots, hotels, nhopH, etc., costfuE
$500. los. aud rolling stock costing e275.2o0,
which Is charRod to Tie construction &C.
couus. Quo thousand aud lltccn tous OF
stnnl, md 4,Gio tons of Iron rails have
been laid down. a rolling-naili has been
operation, reducing tho coat OF reIollsng thoir
rotla nearly oue.Aa1f. It coats to 1niue the coal
auts put it o., tho cars *i.9e per ton. The pro-
duction Of the Compauy'a n1nes last yeaE "is
lb5, ,G3l Ions.
The cattle shipped over tho road from Chey-
emo and other points eastward were I'll ca1B,
against aga in ls1a. Thia noW traf5e. tho hrec.
tots aAy, will DO ltnmuuso. Protection Of the
road against obst,uctiou by suow has been car
riea 10 such degree tnat tho risks arc no lopEer
greater tlau between Eow Yo,k aud C4icago.
Ino nleAns adoplcd to prev ont tlu recurrence Of
wsah.outs are sufficient to dspol any sppzohen-
eloua foE tho future.
Thby rep.1t reduction Of tho debt last year
OF SGT, ,GGJ, aud a total Of e2,G0D.000 iu laua-
grant bouhs paid OF slnco the conpletiou Of tho
ronl mud tlOy see no IeAsou whr sh!s reduction
OF k1e puHueu unD$ huQulI upt III 61ut1lIst Euu-
t,unuus. md Increasing operation, a. the road
has now capacity Of doing over double its pres.
cut vulutne Of bublnera wlsbout any consldeEa-
bio additional expenditure, which may not 10
| met bY it, ,nofeasinR revenues, and without any
increase Of ita bunucd debt. This ihcrease thoy
| estEu1Ato CAT 10 run up to 8s0. 0.0usu00 rer
| annum without any increase In itB bonded dobt.
Tnoy g,ve tho history Of the efforts OF tho
| Company to eon,rrotnse with tho GovoInment
for lte obligations to it. They do not si,ecfy any
| amount for which tho Government should cou,,
trD,niHe, but cali ttenlou TO tho decision OF the
| Court Of Claims that the government couhi only
withhold one~balt Of tue amount Of its business
| and that tho Company hold por cent on tue net
| earnings, to he pad the Government annually
| az siuking fund for tho redsmpt!on Of it,
bonds. THY say thus IL not the per cont the
! amount lelt to divide smOuK the stockholders,
| aud they qaoto tue Supreme Court daclSious ii,
1t. JOHN W. the Ere Railway COMPANY tu sus-
lain tnsir rostion' They favor srtti1nent By
| se1ni-Rnunal payments Of soma ttxod HID for
posiod Of years constitute tho Eefease 0f al
claIsa Of tue Ooyrrun4ent upon tho road for Its
AdsAncec aud iu1orssDenta. They hold that At
[ tho e0a OF thirty years tho Government will
| havo s2ye1 10 tue item Of lrhnst ortat,on &c.
ul6, 81. aud this without ans. aio"anco for tic
| ustura increase Of BUSINESS besnn1 what 1t Has
on 4he completion OF tie road Tho mail service
| has iucre2:cd ten tonb per day.
| They couc.ua hy saving the road Ia = EHst aud
yaluAbs property, vol la1ed for and we'll lua,n.
TUNED, aud capable VI returning 10 tho Governs
| msut !Ao investmouk which 1t has nindo thoraln.
| RAILROAD LITIGATION.
MILWAUKEE, Sept. 27.-ln tue Circuit Court
to-day. In tho suit ot George neod against the
| Wisconbin Coutfal Railroad and Trustees tho
injunction against tho raIe Of the b. ance Of tho
bendh III the hAads OF the Company was dis
| HolyeJ,