Cooperstown courier., 1883-09-28
NEWS OF TIE RAILROADS

WorE upon the st. Paul d. Northern Pa.
ci6c between st. Paul and Sauk RAPIDS.
Mimi. is being carried along as rapidly as
circumstances will permit. The track is
now completed from the jun ction with the
Manitoba road to the site for the bridge
over the Mississippi in Minneapolis, and
the work of grading is being carried on all
along the line between Minneapolis and
Sank Bapids. The contract for the culvert
over Basset's creek in Minneapolis has peen
closed aud work thereon Will be- COM
menced 5000. The culvert and accompany-
ing construction at this point will prob.
ably cost in the neehborhood of $40, OU0,
and the work will occupy two or
three months. Work has been
begun upon the foundations for the bridge
over the river, aaa it is expected that in q
lew days the erection of the peers and OUT
ments will be commenced. Ifno anforseen
accident occurs the iron work of the struc-
t tpre Will De in place by. February, and
time next spring. 4 force Of Workmen % has
been engaged for the past two weeks in
moving the fence along the line of the old
Manitoba road. On the whole, matters are
proceeding very satisfactorily, AID if the
weather holds open late, great progress will
be made this fall. The length Of track fully
completed in Minncapolis-rom the iunc.
ton with the Manitoba road to the brid ye
site-is two miles.
A legal gentleman in Racine Wis, who
has been closely related with the highest Of
ficials of the Chicago, Milwaukee g. st.
Paul Railway company, says he has good
reasons for believing that the right of wav
procured by the company by special bill
IN congress last year, to build their new
line from Milwaukee to Chicago along the
lake shore, will be utilized before next fall
and that he believes that the location of a
new depot near the proposed line is a good
indication that work will begin before MANY
months.
A Larimore paper says that it looks now
as though Larimore would be the winter
terminus of the St. Paul. Minneapolis ana
Manitoba road, the same as last year.
Travel to DEVILS lake is not liable to be
very heavy this winter, and it would not
be surprising ifa mixed train once or twice
a week, for the accommodation of local
traffic merely, would be all the compsny
would attempt to run.
Vice President Oakes, of the Northern
Pacific railroad, furnishes the following ia
regard to the finances of that COMPANY:
Earnings SIS, ,000,O ,OOO; expenses go per cent.
s., 900 0oo, leaving $5, 900, ,OGO Fixed charges
-1nterest on SIS, 900. 600 bonds and 81, 500.
600 scrip IN round numbers So 600, 900; tax
es, $5O0,0O0; balance, So, 100000. WHICH
would permit a dividend of 6 per cent. on
$38, 600, 600 preferred stock, and leave sur.
plus OF some $3.50. 600.
Aspecial from Brownsville, Tex, states
that the progress of train on the Merida
railroad, Yucaton, was delayed many hours
by immense swarms OF locusts, which GOV.
cred the rack, and when the wheels crushed
them made such lubricant that the tric.
ton between the wheels and rail was de.
stroyed, and progress was impossible.
]. 7. Odell, assistant general manager Of
the Northern Pacific railroad, has received
from w. F. Allen, Philadelphia. a magni.