New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-19
THE UNION PACIFIC INCOME
rxyyGr1sHIyG ITS FLOATING DEBT.

INllNGjlSllNU llS tiOfi D'~pA'
PRESIDENT ADAMss REPORT on fHs opEe"iioEe
oF THE ROAD roR THE FIRST SIX MONTHS OF
1886.
BosroS Sept IS (Specian.-The statement
Of President Adams to the operations "I the Ohlo
Pacific Railroad daring tae first siN months OF 'ns
year makes a more favorable showing than the report
for tn, same period the precoGinS year. lac carr
ms Of the entire system from January to Jnae ~ III
clusvc IN 1850 and 1886 were:
Banning. .sll ~. $50 10 sllf0Ao'5 o,
s,l,,as ,aines. 327IGsG 10 SidlS12 20
1ne total INCOME ior those mouths in 1856 was
sL70ao45 40; in 1873. $S7ills9 %. TOO"
expenditurcs in, JsS6, SS,Gs9,7io D; Ia 1852
SS5siOls 81. Surplus in 1886, less t"'''
States requirements. s7-9,327 s.: defcit Ii -.
si27,2l 81. ON hs 2ltl oil August the last ren'ai'e
note OF the company tAea outstanding Vas p"iA 'o'
the nrst ume. IL behevei its histry, the Oho"
Pacific had notes payable outstandins' -
tse amount subsequently, ascerts'ned TO bs R"e ',o
United states Government undel tue decision " ''
Court OF Claims of Febr iary p lso5 the o"'"I"' va
Jane 80. 1ssi haa Outstanding "iis anu "'''"
PAYABLE tn the amount 90 ~l0O0i,. 90 49, P''N'
representa-, It's aeating debt During tae Two !'"'
on, siv mo,t,s b,,y,een Jane 30. 1854, ana
IeceInaer 81. 1856, it 10 estimated tni t'o
sun oi Sl6.OOD,o0e either has "een VI 80
applied by d company 10 the eNu"s"i'" "''' -
log acht or 10 construction; chiefly ''o
branch limos The exact proportion III wiz" VS.
a,oount was derived from variOus sources o'n"" 10
denui. ely stated unIl e close oil the ye"' "e"n''
:, 49,, o,r,,vrp,,eir no said that - 10000 VIII nave
h.oo sived fran surplus income; S34oooJo from tho
sale q, the go npany- own bonds. chieh hA'sa' r"'o
onsoi ted mortgage 1oals: and %1.'oo,Ojo ifom inc
sse ~ bonds - "a Hillary or brlnch rNr't coih'
on te o.her hand through Tue operation oil the SINK
IN funis and tho aud and other trnss the company
bonds 10 ;he amount Of si,40oooO have been or VIII %
retired Tho retirement Of tae cOnp.nys o"nis since
Tune 30 lsSl will exceed in a'sornt &c SAFES Vi o'
bond, BIZ million dollars. Durins tue reroi III que'-
tio, also, over 800 miles o. new road either have oee'
~ Nil he oni,etei aud the bril eC across the Missouri
~, o. At O.n,l, Will nave h,en reconstructed on new
aud enlar.e pdu, aGcqu1te 10 the lr'e'nl NM t
t,l. new, lrurt.ou VIII iEcudci a'D)ns TIE as
Sci OF til. pdnv. The lnVestrent aceoib ~ ,"S
ara stocks er railroad companies WAich Was III t"o
I'm. lo 81 of S55,OOOOs0 Jul 80, 1884. WI
hcgeole cert ny not BE- loss than tat amount at 'he
yl he iced tat the operating HIensce for re
frs six months oi lie current ~" arc 'nS'vi .'
lat .er tam Tor the corresponding lci'o' y" -
Iisis ,no unusa-l .moant % repair anu tenoH"
wok bang done lne con'pan ~ apo
tie cairent yeat cover an ags'eS u o.
o~ OF ueailv tlroe times the o. ln"iy 'nau rne'
aud darn- the year an iro 80 W ia We
main cracks OF tue mon IacII' % se', ~ a., ,.
renewals, ., It's AID bridges are also being ma TO- hoN
anal rgcr being bt aud que 10. we 10 &c,
nui rolling took beng Increased and hnlo'e III
elc.rncy. Daring he last TX mohtu Tue p ~ ' -
6i,l,r .,p tn Union Paclc system tia" uion .ihfI
r,, ,iu larry -jtnatc anu hi-Aer tin upon lhe mon
.lii
,1r,.t,. O.. l. VIII continue To he II aleilay NIX "a
dn~s tu- remaining months Of me year as gross earn
IN. A, i moi he increased an, Cnsi iorapc eA.eI.
nh ia. carriage # material lur inc cnh>ti VtiU
oi tle com ANS own liu,s IL as ie'I olsn. 1870,
Ia me. Is large exceptional tho lgh nece sarS outlay
mo-, the .o.ci derived rJm II VIII zoe eN e. ca
b.reaiier TIE outlay duIlhs ihe Ia e" % &
Trr a. ulv on ,ccnunt rrl airs ~ locomotives, c"is
ma ,lewal- OF rail, and br. ICES, was I5' KS Inc
oty al the crrent year for tie above az count, durlh-
th. f,nuth, named was II. 90 cent more IMAM
dun, trc soc months lat year and S3.OI or ce"l
nor tsan during those months OF ISL. The increase
a. v, .n.es an l,,se and other aocOd Is VIII irODtN
ut I've l.ss DOM. remainder 81 tAe year. &c
", r.. 5i7 mile. of road making dent ~ t5Z - 40
Ter me rne d~creas, of debt nom jane 80, 1851 10
Am, 3., $50 WAS S7742.O7l. The conn any VII ~
fc .o,, OF inc two and Half years eniln- IeccitT
81 ~S6 lave discharged It's Heating det III Iuil' wiz
al f,r soe time it Viii have de- reased rs FUNDED d''
AID ,.i diminished L amount OF IT. hvrStheu IN Tue
seeurl les OF branch or auxiliary railroad eomraiies