Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-10-12

IOE Ooubs VI oAPos Osoo D.oo
Expenses include taxes and rentals,
which were $3S3, 1868 last year against
ISLE, Ill the previous year.
The average mileage worked in 1882
83 was 1897 miles; In 1881 80 the average
Va W miles.
The earnings from construction bust
neas THAT is, from construction material
and passengers carried for the company
and contractors amounted to 81 ,523, III
during the year. This sum is included
In the earnings above. As this traffic Is
charged only at cost, in order to estimate
the actual earnings of the road from
commercial business, the sum given
above should be deducted both from
earnings aud expenses, which gives the
following result for the year:
Gross earnings t$4,230 per
Expenses GOES per cent. -. 3,sl3,sls
Net earnings ($l6s2 per mile) e., 5ls, $50
This leaves the net earninRs, AZ re-
ported, unchanged.
Tho report says:
"On the Eastern divisions the total
passenger movement increased FROM
20,2lA 10 l16, 490, . gain OF 87.5l per ct.
The number OF passengers carried east
ward was l96, 475, and westward 252,5l2;
the difference representing largely the
immigration into Northern Minnesota,
North Dakota and Montana. The in
creassin the passenger earnings of these
divisions Was 42.6 per cent. The increase
east bound freight tonnage ON the East
ern division Was 5l.6l per cent, and of
the Weae hound tonnage S.81 psr cent;
the total increase being 30.6l PER cent.
The increase Of freight earnings on
these divisions was t869, 393. 81. On the
Western divisi0us both passenger and
freight business show steady and i'm
p0rtant growth. On the Pacific divi-
Gious, Including the Cascade branch, the
grom earninea ross from e272,676 in
l68l-62 - 342o,B In l86l-S3, gain of
tll6, l9l, or $50 per can't. At the same
time there was Q decrease in the operat-
Ing expenses Of t23,6l5, or 8 per cent.
awhile the earnings per mile Of the
older portions Of the road show a satis-
factory increase, the ratio Of earnings
70 total mileage was necessarily less for
the fiscal year just closed than the pre-
oeding year, from the fact that Of the
400 additional miles Of road operated.
neasiy 600 were newly constructed line,
tsavorsinQ regions where the road had 10
oeeats settlement and business a. il ad-
vanoed. The earning capacity Of this
large mileage viii soon be demonstrated
nov that connection of our tracks has
beeu effected and our line opened fer
throuQh tratRo TO and from the Pacific
coaak Al portions Of this new mileage,
= aAOuld further b horne in mind. run
through country Astounding in natural
resources and certain ~ develop stead
~ tnoroAdn9 local business. On the
whole the above exhibit must be held
tUbs RrAti,y inQ for company pushing
III tracks from the two aides OF the con-
ttneut, through regions ecansily peopled |
Or entirely unasttlsd, 20 connection in
The Rocky 0o0ntains, and dependent |
Tor il sanings, until that oonnoction
Wa mada wholly upon its local traffic. |
1b0 exhibit y a encouraging indica- |
ZION foe the futurA Il serves az A guide |
b juse estimate Of ths income We NAV
expect with the completion OF our line |
- . direct route 20 the Pacific coast. |
ard with The fuller development of the |
tmmenss regions 10 which the Northern
faciho furnishse the only means of rail |
Communication"
Ths gsnsral Income and revenus 40