New-York tribune., 1888-04-20

TRAFFIC..
Ess: s Ss ssS5 S ssSls
Total ton. of freight. i,l9O,78O 1,655867 22O8'Os8
f0%P'i loeai o' '.'"rSe' se5.Sse ss2Osa 6S55o7
through 80 A'i i0'Ao' -ooo-
Total number OF pas .o.o ,oo-,
The financial results of the year were pub
hshed in The Tribune Of February Z, but for
complete record we reprint the comparisons here'
BUSINESS OF THREE YEARS ,oo-
Ending Decsm6s. sIIon Mm lssS 1885, Sss 1855 554
dss sross Ul earning: rEiH IS e27 ss262o5s s2s4
opeEssns tsass expenses w 1e402o1 1,seOs1o 24sa7so
Net earning. a121,8as sl2gI 54s sl,I5lS1lss
Other Income os,oOo D .
4. Bo r.! :s:;:,. '533s
Psasl, Sa.s,a: ....... s7a7'1 s1a.css .es55as
The surplus for ss7 is equal to nearly per
cent on the preferred shares, but the managemenC
considers it for the best interest OF tne tcs
and equipment instead Of appropriated TO tne pay
ment Of O dividend. But as the company mas no
floating debt and now has suostant;aa tbe die
capital in cash and negotiable securities tne Ill
rectors look for a continuing increase In the sur
plus account and believe that the aceun!ula.iiOn
will, in the near future, Justify tne arebo'deps
of portion Of the surplus to the shsreno. .ue[9;
This anticipation is warranted by the eIurHs .sa %
gross earnings since the new year For tne LIE, o[ou
months and two weeks ended April IA they s"Om on
an increase of s27s, 976, or over 70 per cen" on
the earnings for the same period OF 81: ..x.
To illustrate the continued growth OF the COM I'M
panys business, it may be stared tnaC wtei, has
incrcs .sd but "a ner cent, the passenger tratiic
has increased 50 per cent and the freight frame iD
310 per cent The gross earnings 9rn s ner ere cent.
nd eb from ron sarnDrs 70 ner mile increased from
s2.57e to $500 or 80 per cent. The growth o,
the freight traffic for the ,yOtoI ySII freight traf
dc Of the line during the year of its organization
in 1881.
RAPID AND COURAGEOUS RECoVEhf'
The speculation in stocks to-day was lively ana
interesting although there were ~ nr;oes A.
developments affecting the cnt coar vncertsintv in
the opening there was an evident uncereainney ia
regard TO the immediate effects OF tne pLooaolI near
death Of the German Emperor, anu Ene MeaAnes' eo
of the London market was uePIeSs'ns i"r ithor
The downward movement, however was nelther
axtarsia SE @ 81 cod while the recovery was
rapid and courageous New-1Ork anu Ne"-Ene
land led the advance and aIteI a,oe 80 byhst
per cent il closed only shade uhuer the hignese
point II Is probably that the advance was large,
ly speculative, although the st9uh nau eeoIInedd
TO q figure at which there were likely 70 oe I've,
aspirsnts for the control Q, Ufs Pacac and Dragon
stocks attracted attention. oregon sno Isis
continental closed Ia ana Nortnern fIclHc 1S
preferred 81 per .e Sens sss spfI prices It was ad
mtted that large part Of the buying wa, , for
European account, and the recent a.rivai OF hen-
might not be accidental. That Mr.. Willard de-
sires 10 take q more commanding position in the
Northern Pacific management has been evlaena.,
not the onlv. way is 20 secure absolute control
Of the Oregon and Transcontinental Company.
The movements Of the stocks to-day tended 70
.npport this theory, for Oregon and Transconti-
mental started on It's upward course before there
WIS much life In Northern PACING
CLOSING FIGURES GENERALLY THE BEST.
Aside from these special features, the market !