Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-04-10
Railroad Transfer.

deed was filed at the register of deeds
Office yesterday, transferring the st. Paul,
Saltwater & Taylors Fails railroad and all
the appurtenances thereto to the st. Paul &
Sioux City railroad company. The property
transferred includes all the road from ST.
Paul to Saltwater, and the branch to Lake
st. Croix at Hudson bridge, distance or
twenty-three miles. Also the South Still
water branch to South Saltwater, distance
of two miles. Also that part of the track in
st. Paul lying between Westminster street
and the centre of Third street. Also the
company's right to privileges obtained I'M
der contract with the union depot company.
Also the right of way, stock, lands, rolling
stock, and all the real estate belonging to
the company in st. Paul and Saltwater, in
Guiding tracks, bridges and depots. The
transfer is subject to lien under q mort
gage for 1884, 800, executed to Horace
Thompson and William B. Dean in January,
1871. It is also subject to another mort
gage in favor of the same parties for So, 232,
and to mortgage on the Saltwater branch
for $4,000. Besides the above it is subject
to lien made by A. B. Stickney and wife
on certain lots in st. Paul. The instrument
is signed by E. F. Drake, president of the
Saltwater & Taylors Falls railroad COM
pany.
annual Report of the Chicago, Milwaukee
d St. Paul Railroad.
MILWAUKEE, April 9.-The annual report of
the Chicago, Milwaukee & st. Paul railroad
company for the year ending December 81,
| 1879, shows gross earnings of $1,000, S19, an
increase over.1S78 of $1,561 ,00C. Expenses, in
Guiding taxes, $5.473,794, increase 1858, 148.
Net earnings, 81, $50, O24; increase 1878, $40.
During the year the company acquired by con-
| struction or purchase 535 miles of road. The
Dakota extension has been constructed from
Pattersonville by way of Marion junction to
Rising Water, Missouri river, opposite the
mouth of the Niobrara, distance of
| 1874 miles, and from Marion Junction
| westerly nineteen miles, which last named line
will probably be carried through to the mouth
of American creek on the Missouri river, dis
| lance of ninety-four miles, during the year
| 1880, it being already partly graded.
The net earnings of the Western Union rail-
road now Racine d Southwestern division.
equal per cent. on five and a half million
bonds. That portion of the unfinished Daven-
port & Fort Atkinson road between Fayette
/ and Fort Atkinson, twenty-five miles, will be
| with the main line through from st. Paul to
Davenport. The company purchased and con-
| structed the Southern Minnesota from La
Crosse to Flandrau, 303 miles. During the
year there have been constructed new machine
| shops, round houses, etc., at Milwaukee, COW
ering four acres of ground.
| The cost of the company's property repre-
sented by common stock is $15, 404 261, pre-
ferred $l2, 279, 49, mortgage bonds $41, 349, 800
on 2 231 miles of railroad at the rate of $780, 94S
per mile, showing reduction of $7,452 per
| mile since the last report. Expenditures for
construction and permanent improvement,
| 81, 1872 Sol. Total passengers carried, l,555,-
446. The new road constructed cost 81, 356, 002
| The company has GIT miles of laid steel rail,
an increase of "a miles the past year. Earn
ings of freight $3.50, 755; passengers, 80, 273,
FOL; mails, extras, etc., $SS,363.
Verdict against the Pennsylvania r. r.
| HARRISBURG, Pa, April 9.-An opinion was
filed by Judge Henderson, to-day, in the case
| of the commonwealth VS.. the Pennsylvania
railroad, on appeal by the latter from tue tax
settlement of the auditor general and State
treasurer for 1877. The auditor general charg-
ed the tax for part of the year dividends; I'M
der the act of 1874 and on the appraised value
/ for the remainder of the year, under the act of
| 1877. The company considered that the tax
should have been charged on the appraised
value of the stock for the entire year. without
reference to the dividends, they did not
reach six per cent. The amount in dispute
was $66, 1875. Judgment for the entire amount
is given in favor of the commonwealth with
| interest and costs, amounting to SS7, 1913.
Railroad EARNINGS.
| NEW YORK, April 9.-The Pennsylvania COM
pany has declared dividend of per cent,
payable May LIST.
The gross earnings of the Central Railroad of
New Jersey in 1879 were 100000 against
| 81, 500, 900 in 1878.
| The Delaware d Hudson earned, the first two
months of the present year, $4,000 against
| S560 600 the corresponding months the previous