Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1882-05-10
The c., NJ. & st. p. II. II. Co. and 1881 .

Inc eighteenth annual report OF the
directors of this great corporation has
just been issued. From it we CLEAN the
following facts:
The gross earnings for 1881, were ST.
O25, 461 Sc; gross expenses Gncluding
taxes), $1O,317, 731. ii; net earnings, &c.
707 ,530.52. The increase in the gross
earnings over 1880 is So, 939, 343.05. In
crease in gross expenses over 1880, 49,
$50, sos 49,
During the year the company has con-
structed the following branches and ex-
tensions:
In the state of Illinois, line from
Rockton to Rockford, sixteen miles;
Braceville coal track, one mile.
In the state of Wisconsin, line from
Mazomane, on the Prairie du Chen di-
vision, to Prairie du Sac, ten miles; from
Monroe to Shullsburg, thirty -four miles.
In the territory Of Dakota the Iowa &
Dakota division has been extended to the
Missouri river at Chamberlain, thirteen
miles; the Southern Minnesota division
from Dell Rapids to Sioux Falls, nineteen
miles; the Hastings division has been ex-
tended west to Aberdeen, thirty miles,
and thence up the James river north from
Aberdeen, forty miles, and its Whitstone
branch, running northwest from Milbank
Junction, has been extended eleven miles.
There have also been constructed in the
James river valley, south from Aberdeen,
thirty-three miles of track, and on the
line west from Flandreau twenty two
miles from Madison to Howard City.
In the state of Iowa branch has been
constructed from the Iowa & Dakota di-
vision at Emmetsburg northwest fifteen
miles. The Chicago & Pacific Western
Council Bluffs from Marion, 1913 miles,
making the aggregate construction fol
the year 442 miles, which, added to the
1915 miles previously owned by the com.
pany, makes it the owner of 4217 miles
Of completed railway.
OF the extension from Marion to Coun
Gil Bluffs sixtyfour miles of track remain
to be laid; and when this is done, as il
will be by next July, the company viii
have a line between the last named place
and Chicago not inferior to that of any
other company in any respect, and pass
ing through populous country remarka
BILE for its fertility.
A cheap and reliable supply of fuel tt
meet the large and growing wants of tn
company has been deemed by the direc
tors matter Of the greatest importance
and they have therefore caused to be pur
chased 5000 acres of coal lands at Brace
vile, sixty one miles southwest FRONT hica
goat the cost of $293, 600 and 2, 900 acres o
coal lands near Oskaloosa Ia, at cos
including Improvements, 100000. From
these fields the company is now receiving
daily supplies.
The company has now 1889 miles Q
road laid with steel rails, being an increas
of 419 miles during the past year. Til
total bonds and stocks which represen
the entire cost of the company's propert
amount to $114, 974, 4S9 on ,217 miles c
road, being at the rate of $27,264 pc
mile.
The purchase of the several road
acquired by this company and the col
struction of their connecting lines, t.
gether with extensions of the main lin,
making system of railroads covering
in we'll adjusted distances, an immens
extent of the most fertile and producti1
country in the world, susceptible of col
tinued yearly increase in its populatio
and productions, giving to this compan
promise of future development unequa
ed by any other railroad system, an
working together SO harmoniously as
render its possibilities for cheapness {
OperatiOn UNSURPASSED.