The Portland daily press., 1882-09-23
RAILROAD NOTES.
Northern Pacific.

The annual meeting of the stockholders OF
the Northern Pacific Railroad was held in New
York yesterday. The report of President VII
lard shows that the gross earnings for the fiscal
year ending June 30, 1882, were $5,430, 3O5.56;
operating expenses including rents and taxes,
So, 572 84051; net earnings, 1857 ,46505; ratio
of expenses to earnings $3.50; increase OF net
earnings over previous year, $685., $3.50; aver
age number of miles operated, TOT; increase in
net earnings per mile, $SS4.34. The number
of passengers arriving and leaving at the cas-
tern termini, St. Paul, Minneapolis, Duluth
and Superior City, was 1o6,SSO, an increase of
71,644. The passenger earnings of the eastern
division shows gain of ninety-two per cent
and the freight movement shows an equal per-
centage of increase. During the year the ends
of track were advanced from the east 1873 miles
from the west 102 miles-total 285 miles; leav-
ing, June 80, 1882, 572 miles to be built. This
will be lessened, by the close OF 1882, probably,
800 miles, leaving 272 miles of track to be laid
after January 1, 1885, The final connection of
tracks is expected to be made during the sea-
son of 1888. In addition to the work done on
the main line, 90 miles of track have been
laid on branches in Minnesota, Dakota hand
Washington. The great bridge across the
Missouri river at Bismark will be completed
early in October. Work is well advanced on
the two important tunnels through the Rocky
Mountains; one piercing the belt range, near
Bozeman, and the other the main divide near
Helena. To prevent delay at the Bozeman tun-
mel temporary track, with steep grades, is be-
ing built over the summit. The report speaks
of the new sources of Business opened by the
advance of the road into Montana, the heavy
traffic in live stock from the grazing region OF
that territory, the influx OF new settlers into
the Yellowstone valley and into the new grain
country of East Washington, and the develop
ment of the coal field, near Puget Sound, fur
nishiDg increased tonnage to the companys
line from Carbonate and Wilkeson to tide
water at Tacoma, The $5,n00,000 Northern
Pacific subscription, closed Thursday night and
already largely over subscribed.
A New Grand Trunk Connection.
The Emerson and North Western Railway,
thought to have collapsed on account of the
Syndicate building loop to connect with their
western branch, is again revived and the first
sod will be turned today. The resumption of
work is surprise and is supposed to be the
fruits of Sir Hugh Allan's late visit to Mani
toba and in the interest of the Grand Trunk
Railway. This will give the Grand Trunk an
entry into the province connecting with the
projected road which it is proposed to extend
to Portage La Prairie, and thencesto the Rocky
Mountains.
Minor Notes.
Three new cars for the st. John and Maine
Railway were towed across st. John harbor
Thursday afternoon and landed at the railway
wharf there.
The Maine Central will have another excur-
sion to Aroostook about the middle of Octo-
ber as the last one was very successful and
much enjoyed by those who awaited them
seves of the trip,-the fare being very low.
Mr.. Charles N. Chevalier, for seventeen
years in the employ of the Grand Trunk rail
way, in which time he has risen from telegraph
operator to chief train dispatcher of the divis-
ion between Portland and Quebec goes to Bos-
ton next week to take the position of train
dispatcher on the New York and New Eng
land