Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1882-09-22
GOOD NEWS.
A Splealid Report hr the Northern
Pacific Railroaa.
Showing the Amount ef Business Done
Last Year.
Accident % the Southwestern B R-The
Engipeer Scalded 70 Death.

By Western Assecistsd Prsss.
Northern Pacific Railroad Statement
New YoRK, Sept. 2l.-At the annual
meeting Of the stockholders of the North
ern Pacific railroad to-day the report Of
President Willard was read. It shows
that The gross earnings for the fiscal year
ending June 80. 1882, were e5,43o, ,3o5.
Operating expenses, including rent and
taxes, &3,572, $40; net earnings, u 1851. .4s5.
The ratio Of expenses to earnings, t65 to
ss9. Increase in net earnings over pre-
yious year, @sss, 1886. Average number Of
miles operated 1877; increase in net earn
ings per mile, ess4. Number of passen-
gers arriving and leaving At the western
,ermini, st. Paul, Minneapolis, Duluth
and Superior, LOG, ,sss, an increase Of H.
GA. The passenger earnings Of the east-
crn division show = gain Of 90 per cent.
and the freight movement shows IA equal
percents &c Of increase during the year.
The ends Of tho track were advanced
from the east 1873 miles, and from the
west lo2 miles; total, 2ss miles, leaving on
June 80, 1882, 572 miles to be built. This
will be lessencd by the close Of 1882, prob
ably 300 miles, leaving 272 miles Of track
to be laid after January l, 1883. Ths
final connection of the tracks is expected
to be made during 1853.
In addition to the work done on the
main line, 272 miles Of track has been laid
on branches in Minnesota, Dakota and
Washington Territory. The great bridge
across the Missouri river, 1t Bismarck,
will be completed early in October.
The financial statement shows cash on
hand at the beginning Of the fiscal year
9ll, ,5s7 ,s44; receipts from the sale Of bonds
and preferred stock, @4,6s2,os6; expendi
lures for construction 2l,577,9s5.
The management point to the fact that
it has finished 275 miles of road, graded
100 miles additional, bought and paid for
sufficient rails for the entire gap between
the two ends Of the main lines, and made,
besides, current disbursements for mo-
tive power, rolling stock, Bismarck
bridge, Bozeman and Helena tunnels,
and other heavier portions Of work, with
out delivering q single bond to the syndl-
cato since December.
The land department has sold AsS, 200
acres during the year for u, 10 1885. The
average price being $3.50 per acre.
In regard to Northern Pacific land
grant report, it is argued that the action
of the house Of representatives at the last
session Of congress in laying on the table
both majority and minority reports Of the
judiciary committee, and in refusing to
place on the calendar resolution that .
portion of the grants are forfeited, dis
posed of the whole matter and ss favor.
ably to the company q i IN adverse reso-
luton had been received, considered aud
rejected BY the house. 1t was in effect .
decision of the house Of representative
that it will take no steps to declare the
forfeiture Of the lands Of the company.
Furthermore, congress at its last session
gave express legislative recoeuizsnce Of
the campany's unlmnsired chartered
rights; that they did by the passing Of an
act, approved July 10, 1882, accepting
and ratlfying the treaty made with the
Grow Indians Tor the right of way
through their reservation for the use of
this company for the construction Of the
road,
The following named we're re-elec ted
directors: A. H. Barney, Jno. W. Ellis,
Il. 5. Rolston, Robt. Harris. Thos. F.
Oakcs, H. Willard, J. L. 6tsckpole, Benz.
y. Cheney, Boston; J. Z. Built and Henry
E. Johnston, J. Pierpont, Morgan aud
Aug. Belmont.
The board Of officers Of last year were
re.elected ~ follows: Henry Willard,
president; Thomas F. Oakes aud Anthony
J. Thomas, yice-pEcsidenta; samuel
Wilkeson, secretary; r. L. Belknap,
treasurer, Geo. Gray, general counsel; A.
Anderson, enginesr-in-chief; j. A. Bar.
ker, general auditor; Herman Haupt, Of
St. Paul, general manager eastern divi-
sions, andJ. w. Sprague, Of New Tacoma,
w., general manager western divisions.
@. 4. T. Elsettea.
MILWAUKEE, Sept. 2l.-The reunion OF
the Army Of the Cumberland closed to-
day With grand street parade, in which
many distinguished military guests parti-
cipated. In closing the meeting the FOL-