, 1881-05-18

. 'Docfcasc.
1t must 10 remembered In seeking for stand
nrd Of comparison that In APRIL lB7l, United
States &s wcro selling at III; In April last 10
were llJA. During the past ten years. again,
tho National debt has been decreased $3.50, ,00O-
oo0, and nearly $1o00oo,ooo Of gold and silver
hns been produccd: the oxccss OF exports over
imports amounts to $B1S. .000 0O0 moro. Our pop.
ulut!on has Increased from 40000,0o0 to 10, ,00O.
0D. or cation thore were produced ,lla3,1l7
bucs In 1871 md 5,11l ~ bales In 1850; wheat,
"a. .ssa 7o0 bushels IN 1911 and S,15U $50 bushels
iii 1850; pig.ron, l1B tons In 1S7l and :4l,-
S51 tons iii 1880; md wool, 10oo00O00 pounds In
ls't and II, !,60o, ,00 pounds In 1880 Immigration
Is larger In 1851 thAn evur before. This IL Il bet
ter country to raiao bulls In than bears.
Tho Graphic crcdts tho report that tho con-
troll Of tho 1T, Paul s. Duluth is now tu tho
Manltoba, Milwaukee T. 1t Paul md 1t. Paui 4
U!nhhn Companies III eslunl Interests. There
will probably 10 mn issue Of sl,Uo0,0uo Of 6 pur
cent first mortgage bonds put on the propurty
TO relay the rDad with stool rails and supply
1arEe additional rolling stock.
An analysis of tho Heading Narond Coal t.
Iron Conpany's report for Muroh shows TINT tho
earnings ut present aro ut tho ratio OF .o00
por annum. which is moro than those OF the Now
York Central, Hudson it1vor, und Harlem Ronds
aud their branches all combined.
Tho gross earnings OF tho following railroads
nro reported:
FLINT rrur aAneuErrz.
;.s: ;. ;sss III; y a:s.::: ,s IIss Iss
HASx,nAL + It, Joskr,1.
,.s :: II; 4! a 81, 81; B:s ,4ss
1T. rAuL, AiSsxAroLss 4 MANITOBA.
First voox In May. a., sss s9ss .sist, tst Inc saa,
llairoad earnings waro very heavy In April,
1871. sany rohds thcn mnao The uost returns
on recuTd. Yet tue earnings Of April, 1851, nre
Is per cont creator, Notwithstanding great losses
In lighting SHOW up to tho tntddlo ot April, and
fro1u disastrous Hoods aftor that. TITO Financial
Chronicle shows that forty.suven roads rppnrt.
iuv. on earnings OF w. III ia April, 1880 SHOW
all increase Of 4as,He ,oaJ, or - pDr oent. Milo.
nge shows an iucrease Ut only IL per cont, Al
II consequence tho earnings per milo rose
from &tu9 In April. 1850, to $i,:s tu april. 1881.
ln amount OF Ineraaso Central Tacit,o heals tho
list It made uvcr half u million d0llars ,npru
In april, 1881, than In April, lBs and fur the rst
four months Of the yenr rpp0rts gain OF d
million aud half. Tile nav limos OF the South.
Urn paclac, which waH recently completed tO a
connection with tho Atchisot., Topeka 4 Santa
Fe, arr etn1vacUd IN this statement, but the per-
rsntuKe Ut increAse III tucag0 IL less thau ono.
GuArtcr tho perceAtaxa VI inetunse in earnings.
st. paIl hus An lncreas0 Ut 3Ss, ,uAl fur tho month,
equivalent to 10 per cent, tho increase lil mIo.
NKa II 60 per cent. Ch'caEo Northwestern has
an Increase Of fl5o,7sS, Or IL per col,:, on milo
nEo Increased In about tho sumo rutIo.
Taking tho 1irst fur months uf tho yenr, iu
which noarly all tho losavs by guow Wcro Ia.
Cured. tho aggregate Ut ull tts roAds reporting
cArni1lgs exhibits an increasc nt "a, ,a DTB. Thus
notwithstanding lhe many drawbacks, cArt,luys
ara II per cent, or naarly olle.soyonth, lurKur
than for tho corresponding four snontha at 1850,
Excupt for the i1cruaseu cottuu tnoyou, Gut this
!neFcaae would havo been reduced to slnnler
proportions. OF tho total increase Ut q, ,aUS Y;u,
two md hnlf millions cAno from tho roads
that aro dlstinctiveIy Southern. Central Paclllu
contributes QUO and a hulf millions moro, unl
1,envcr 4 Rio GrasIde eb70.0UO, !oayng un III.
crease OF lcss than onu mud \ half millions &0r
tho other ruals In tho list. Thu only important
Company ttat luakes ssFious loss IL tho lsur-
lIngton, Cedar ltaplds s Northern, which reports
its uut earnings tor thu three llohths ut kSG lUI
uEaihst *aD,0ed fur tho corresponding time II,
ls, loss Ut @12iBS5, which, 1t will pB admitted,
~ hcavy. The ltss Ut vroas earnings uurIuy tho
HA1no tIule wua S97.Ul..
Tho elevated runls Aro to hayo q Formidable
rival. Fur suu.a time past there huyo bceu
rtltnuIH And reports cuuuerIiux an und0rKrouua
road, " which Gen. ucorxu D. Mcclellan was
President. @nd III which capitalists ut 10 conf