The Dillon tribune., 1883-09-14

harl.or, at Ashland. At its western
emf the road reaches the tide-water
of the Pacific At Portland, Oregon,
and also at Puget sound. Ocean
steamers and sailing ships Of the
largest size go up the Columbia and
Willamette to the wbarves Of Port
land, while Puget Sound IS all an i'm
mense harbor. being Il deep land
locked sea, $50 miles long. with a
width of from 1--WE u twenty-five
miles.
The mileage Of the main line aud
branches Of tho Northern Pacific sys-
tenn, now in operation. Is - follows:
,.. ,, MAIN I1 Ss, Ddy = .S. e..u
r. fsoi pi9 & eo2ss'P so 10 B;ansr Is
D.kota Dlvision-FarEo to Mandan leeA
Y.iowsso 1,5iSn aSs to BIZ =.
Moptans Divis,oa Bi,iinK: to Helens.. 80
hotky Mountain Divtsion-Helena TO
rem d'oreiiiie Division :: Heron 10 wal 49,,
Pacific division Portland 10 Iaeona.. is
Tota, mileage. Main Line Divisions. i,ssok
Little Fail. and s bstsa .ss;rapch-1i.t,e !
FAILS, MINI. to Norris. Mum. -
Sor Hessd Hs% s.p: Hn and e s's &: EN-:
Fargo AID Southwestern branch-FarIo
1:sS:a' sS e 1sass :::
sykssto ai D srsneh. arlington. Dakota. ~
S. e sytff: .4s 1asSt on
70 The boundary line Of the National =.
r.,ea.s branch f.ioa.s Jun tom wash %
Terri. to Moscow. Idaho, (nearly COM -.
Case : sfaneh.i aeoma wash. Ter. 10 ~
WILKINSON. Wash; Ter: lundef con.
tsins aud down he Y.kins valley 70 .
AtnsWOrth, go miles. -
Seattle .ExtensIon-Puyailu to seattle,
W&Sns AoT - .s....................... "
Total Mileage Of Branches. .:........... c7A
Grand otal mileage OF Main Lane and
branches. .......................s .etA74l
The branch lines Of tho Northern
Pacific system are built by the Oregon
and Transcontinental Company,
which holds y contr ling interest In
the stock Of the Northern Pacific and
hi the Oregon Railway and Naviga-
ton Company. which constructs
branches under an arrangement by
which the stock Ownership ia to be
acquired by the Northern Pacific
Company after the bonded debt Of
the branches shall have been extin-
guished by the operation Of sinking
funds.
The forty million general mortgage
loan, before mentioned, ab-orbs the
Two divisional loans issued for the
q Instruction Of the Missouri and
Pend d'Oreille divisions, 40 that the
entire bonded debt of the Northern
Pacific company on the completion Of
It's main line is only &C, 0Q0, 600. The
preferred stock, amounting at the
time Of the reorganization to Isl 600,
0o0. Is being gradually retired with
the proceeds OF land sales. and now
aggregates about $48,Oo0Oo0. The
process Of retiring this stock will 20
ON steadily from year to year. The
preferred stock is entitled to divi.
dend Of 8 per cent.b4fore any dividend
is paid upon the common stock, which
amounts in the aggregate to @40. 00o,-
GOO. The gross earnings OF the COM
pany during the fiscal year ending
June 3otl', 1883, were, in round f,g-
ures, $780, 0000; the estimated gross
earnings for the current fiscal year
are S15.O00,O00. When it is renlem-
bered that the aggregate liabilities Of
the Union and Central Pacific lines,
in the form Of bonded debt. including
the government loans, amount, to
@lS6, 00o. 000. it will be seen that the
Northern Pacific Is IL a very COM
Portable financial condition, and, with
its through traffic to and from the
Pacific coast, and its constantly in.
creasing local tranic, can reasonably
be expected to earn itseiixed charges
and the s per cent. dividend on its
preferred stock. and have a consider.
able surplus to apply a. dividends on
its common stock.
1't1ssk James Ac0ss5etoa.
ST. Louis, Sept. IA dispatch
from Gallatln says the jury has lust
returned n varr1iCt ~ orn,,{t<nI inth~