Northwest enterprise. [volume] (Anacortes, Wash. Ter.) 1882-1887, 1883-06-02

OREGON IMPROVEMENT Co The report
o. this company for the year ending Nov
80 is just published, and we are Indebted
to the Tacoma News for this copy: at
holds by direct title fleet OF steam COLI
Hers, its coal lands in Western Washing
ton, its agricultural and timber lands and
other real estate in Eastern Oregon and
Washington, and wharf and coal dock
at San Francisco, and owns as stakeholder
the properties of:
l. The Seattle Coal ard transportation
Company, comprising the Newcastle coal
mine aud all its appurtenances.
2. The Columbia and Puget Sound
Railroad Company consisting OF the rails
way 0wenty>onc miles) come citing the
Newcastle coal mine with the port o.
Seattle, and a coal dock, wharf, sawmill
and large amount of real estate in that
town.
8. The Pacific Coast Steamship Com
pany, owning and operating steamship
lines on the Pacific Ocean, running from
San Francisco to all important points on
the northern and southern coast OF Cali
fornia, and to Portland, Oregon, Puget
sound, British Columbia and Alaska.
A. The fully equipped narrsw gauge
railroad of the Pacific Coast Railway
Company, extending from Port Hartford
to Los Alamos, CAL, distance of sixty
five miles; which company owns extern
sive wharvcs at Port Hartford aud large
grain warehouses along its line.
While these several forms Of ownership
necessitate the keeping up of cores
ponding nomber of distinct corporate or
CARNATIONS and systems of account, the
company's actual operations are carried
on through the following departments:
l. The coil department, comprising the
mining and shipment OF coal.
2. The general transportation depart
ment.
3. The land department.
The coal lands owned consist of the
Newcastle mine, now worked, and OF coal
lands not yet worked, thirty miles south
east OF Seattle and near Tacoma. Four
large steam coliers are owned and used.
he Pacific Coast Steamphip Company
owns eighteen steamships and Its Tires
run from San Francisco to ports ia Alaska,
British Columbia, Puget Sound. Oregon.
northern and southern California
Tie stocks owned are So, 000, 900 CENTRE
issue) OF the Seattle Coal and Transports
tlon Company, $4,000 Centre issue) OF
the Columbia and Puget Sound Railroad
Company, and 81 900. 900 (out Of So ,OoO,-
000) of the Pacific Coast Steamship Com
pany. The Pacific Coast Railroad is part
OF the property of the steamship COM
pany.
The balance sheet of the company
shows liabilities, including stock, bonds.
floating debt and accounts, and net earn
irgs for two years to the amount of
$13,436.2S, balanced by property and
cash on hand. Additions to the cos. of
property last year, sl,2I2,5l3. The net
earnings for the year were II ,005, 66i, and
improvements, etc., $i,562.5ia, leaving a
cash balance Nov. 80, 1882, of $100,68s
The total amount of coal mined and
shipped during the year from the mines
near Seattle was 1896 tons, the average
cost per ton being $l.24, and delivered at
San Francisco, $4.49. The steam GOLFERS
were for part of the year employed as
freight boats between Portland and San
Francisco. The Pacific Coast steamships
carried during the year 67,656 passen-
gers and 3s5,276 tons Of freight, an in
crease of 35 per cent. in passengers and
10 per cent. IN freight"