New-York tribune., 1879-11-29
CONDITION OF THE LAND GRANT ROADS.

rlONs AT ISSUE BETWEEN THE GOVERNMENT
AND THE ROADS NEARLY SETTLED.
GENERAL PRESS DTsPArcHl
WASHINGTON, Nov. 2S.-The annual report of
Mr. Theopnilus French. the Government Auditor Of
Railroad Accounts shows that the due by the
Government on December 81 1879, and withheld from
the Union and Kansas Pacific Companies.
transports aiion will than offset the $2.737 j76 So
per cent OF their earnings-payab.e by them he
Government The cash balance required from the Cen
tra Pacific Railroad Company on this account 10 tie
same date (S6is,271 96) recently paid into the
United States Treasury. The Result OF the - per
cent suit" against the Union Pacific Railroad
Company that the United StItes obalned
judgment for 81 POS 337 81. 81 0295i7 Os than
the company admitted that 1t owed and tue result of
tie examination OF the accounts OF The Central Pacac
undertaken by he Auditor Immediately after The de-
esiOn OF tha sinking Fund ease" by the Supreme
Court, has been thar the amount required from thai
company from November. 1859 90 December *t, 1873.
is 81 91s 6Ss 49, or S74J39l 96 more Than the com
pnny's own statement admitted The total earnings
tne Uuion Pacific Railroad Company during the yeaI
ended June 30 1879 were sI2 9O4, ,s57 Opersi-
ing expenses So 39s o95 50. The net earnings were.
therefore 81 5O6 sol As. 10 appears also from Audi
tor French's report thar under the Thurman Sinking
Fund act the net Surplus the disposal Of the company
Tor the last fiscal year. after the OF interest
dividend would he S725.0lO O7.
delphia-einpoyed bv AuiItor French to examine the
condition OF subsidized and land graat railroads.
that the line and grade OF the linton Pacific Rail
road and the road-b.d and track can be improved IN
many respects. The road has 40 miles OF track
land with steel Iron bridges are being substituted for
wooden The equipment 0r the road is In GOOD con-
don aud there is a full supply of all necessary articles
on hand About per cent Of the operating expenses
VIZ 654 7g5 81 were expended during tAc Gale ndar
year OF ISIS on the OF the rOsd. bridges
and the buildings. A new passenger depot VIII be
erected At Oydeu and OF yards. engine
houses and shoots will be improved.
The report also shows that many tunnels the Cen
tral Pacfc Railroad should be improved by masonry
lining instead Of timber. rhe track and roadoed
good oonditi0n. but many bridges aud much OF toe
trestework u,,od wing and improving. The auditor
highly the hospital OF the company at sue
ranauto aud the service and condition OF the great
snow gallery on the sierra Nevada Mountains. extend
ing over wentyeght niles The equipment Of the road
In ia good condition
Toe Kansas Pacific Road is reported in good condition
Woodeu bridges are beng replaced by ones, and
the TRANSPORTATION Il prompt and safe. Its
count with the Uned states In the matter OF per
OF its net earnings and the half transportation
uensaton Withheld. has not yet been adjusted. It,
earnings during the lest fiscal s2327 9l5 81.
Improved business. especially the Western roads.
ua- .ed 10 great improvements IN te condition Of the
road lrs. tracks. bridges and equyments Of the rali
rOdt- Nirti'h Df nv NoN'ihh'ut H"hf
feet, hv. been pointed by the Engineer, winch it
lts.xpccfcG tnc companies vii remedy. The general
ruu,if.on ui the P4gihr railroads better than
sntiopslc 1876 uIe local bu-lues- all of tne
lad grant gaflrl d. has Improved. hut more partcu
lntlv on the kIu.as ilrnc, tue Central Branch Oi th
Uuiuu Picifc. tnr chlson Topeka aud santa re. aut
M. luii -tnu aud "a -scur River Railroads. Ihat,
wla t.c gIuss earning, n most Of these oaGs for tnr
geir 1874 rcfra-e about as per cent over those o.
I~77 Oh. lurrCls. of net earnings was nearly e per
cent iudcatlug sfcatcr e-unpny M operating expenses.
The Au.ifor recon ncnds that the Pd,inc Railroad
aris be amended that AAg Of thr-r cnulpaai-~ NicI
may 4. d ANY portion uI the sub,itizra Railroads
r WLicn IA. business snOsdlzed la