New-York tribune., 1885-01-04
ANyr5r REPORT 10 ,IP. TELLER.

N'"pitiDA AND oPEgAIIOys or THE NORTHERN
PACIFIC.
NAsuiTGTON, Jan. 3.-The annual report OF
tue commissioner OF Railroads to the Secretary OF the
interior has been printed ard I'm addition the synopsis
70 the Secretary IN November the report con-
tahs number Of details heretofore published. OF
the Northern Pacific Railroad the Commissioner says :
The returns made to this office by the Northern Pacific
Company Indicate an increasing business The total cost
OF the road and equipment up TO June 30, 1884,
amounts to TlGs,907,6O7 ID. The road has been
constructed with remarkable yigor, and undoubtedly
ADDS TO the material wealth and facilitates
greatly the development Of the Of the Great
northwest In the year ending June 80, 1884, the CON-
pany expended Sl2,7SS,ss1 for construction and
Improvements, aud S5j9iG72 for rolling stock, of which
s2291,o6l was for locomotives alone. Under its land
grant act the company has acquired by United states
patent i0062 20 and By certihcation OF United
states land officers not patented 1877 6sJ41 acres Up
10 June 80, 1884, the company had disposed Of AGO.
10 acres for Sls 03395l 20. The maximum price per
acre exclusive OF town los has been $50 and the mini
mum - 90 per acre. On July !, 1881, the company
abandoned the use of the track OF the St Paul. Minnesota
and Manitoba Railroad between sauk Rapids and Mime
apolis and began nning it trains the tracks OF the
IT. Paul and Northern Pacific Railroad Companybetwcen
the points named For OF this property the North
crn Pacific Company pays the ST. Paul and Northern Pa
chc Company net rental quarterly.
equal 10 40 per cent OF the gross earnings on
the st. Paul and Northern Pacific road The Northern
Pacific Company a little than one-haf OF the
stock the Paul aud Northern Pacific Company. and
will receive its share or the rent what Is required to
nay ntce, on the $50 900 900 bonds OF the ST. Paul and
Northern Pacific Company
The tota earnings OF The Northern Pacific Company for
the fiscal year S2 2603.J73. an increase or ,1is,
l6 co.'s per cent? over the earnings for the pre-
ccding yeer, The total expenses were f1,171,7oi An
Increase OF ~ sIO1i the expenses o: the preceding
fiscal year. The earnings were SJ.i2j,-2O. an III
crease OF - gO7 9l 43 cent over the net earn
ngs for the sra year ended June 80 1888 The report
n Increase IN the passenger aid freigh trac
The financial statement of the company shows that the
liabilities June 80 lssi were S9l2sO,Jb) and the
capital stock SIS s07 06s making the total stock ana
debt saeO ,dJ The assets were -lSoOc I,o33 Inc
earnings were SIG 373,s3s aud the expenses SJo,ool
g5- leaving deficit after deducing the company 3
sinking ~ nd requirement per their books OF S32-oio
or the Cennl Branch Union Pacific the Commissioner
saws that the OF such railroad would warrant
the placing material In the track ana sener
ally better maintenance OF the property The company
earned S-3T $50 in the against rI3oof the pre-
c.iing year and expended Sl96,2O6 All Increase OF
0i3 over the yenses FOR 1888 The net earnings
on the 100 miles Of subsidized road for the year ending
December 81 1883, we're +3s6,07i charges for Coy
crninent transportation 20 the amount OF T3os, I'D No
sored the per cent Of the net earnings or SlV1VS
due the Treasury Of tho United States and leaves o
ancc OF ~ 1888 N favor OF the company The labt-
Including stock aud debt. -G.6oJ.to-, ana the
assets - i4io--9, showing deficit of 7-,2i-HS on
Juno 10, l-Si