New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-05
Showing as a practical
surplus over the in
terest charges =
$265,00O
or an amount COAL o. The yearly interest,"

~ 90 90 dliI'iuual bonds
i va !, ~" sh, o; The ,or's"inE nc,a hat hi, com;
|G 600 ] the i, Of Which, ' viii b. rd IN
improving The ptrnt man me rr,SyimE ~ WIN hTnIet
Win tho mg,t Improved ,'aniiri gauge equipment and
for nov S dcf r, 3 G S,,s T%I. % be
radically Improved aud n" line materially ''Gh'cn"i and
IN d.,aS:o b"nr -Sy~ rnlc ne 9c gn h
, o. ,Elr ron 10 ,,ragSS
FlnhS per Of N" cu,lr tonnage and over 40 p"r
were dc to he nragc o. coal III ta' connection IL Il
proper 10 tc, % report b, 7T JA IT. "aTTSy on a..
cngh o. eItonsvs deposits Of Goa" which str" Ihoroggh
@ mined in utah s.o that II l. well adapted 10 cokina
mcs, connirnce 10 The future 81 IN" coal rain ~ WI
.ycr l1d smelling Industry Of Uiah !. peculiarly 49,
j. rcpr@niCi to u, tfai LIS % H. b"lt nm pSS.,S 10
nc.s now a. very low a a nT GoSraI" also mt such
drycloprn"nt ~ N" principal lncr.t Of hr country
NsTcutuTsl Hcrcantc and other bu'lno's Of Utah and
sGSGc OF ,,roT from Coorsdo 70 e pScdc
California now being cTci"l az me hIw no n rs
sgN b, -, S. sS%G SG Ge1"' on ' to produce Low .
There viii also evidently DO LARGE addition Of tra S
hat rink Ines east Of ss gGy SGn'rn ns p Ssa
T not .s S I'd mn. ssST Il a H. e,se %
r "GcG hn.Hds The ssa rCor, the AsSoctGn-
Gr the c"yc" "s g9i p c 81 the
tonnage hot It's four powerful trunk I'm, connections
w d SosS S1 sne t 2,S Of ssT except
soH IS uniform 'r gaag ,f &c should
carry = gtca Tge3 q r., a, ,r in is n the Den
vct si ,n% RIO rs"G w.n TDway yciired BY " Il
N nrltcy nm expert IN all drraTtmerts OF alr' ad hook
keeping management AID man oil large experience
"" found the go-s eaninE Of the company for
the year nnd tho sat"mrt on actual a6nrs 70 sc
cord with the figures which you publish herewith ann NJ
nv 10 Tho detailed statements AMI exhibits accompany
irR nv fu report have ~ sF7 that they clearly show
hat The trnnlr The llpc T. steadily ON III" Increase
have carefully arayyrl the plan 81 reorganization
ard reas0nlng from the statements u"ren IN connection
Win fact. gathered dnrr2 my examination o. IN" property
arJ account venture the assertion that n carried out
and thc road managed with pdenc. and economy IL Nc"
earnings will nct only pay ltS nhrd GhGtrrs but IN che
m grg and improving aEd squlppng the present. rad
committees employed u mako the necessary investigation
s,imulrg up tho results ot my investigation will INV
that and Col Dutges plans Tor changing the and
Inc work accessory hrnto 70 be carefully dgcSted and
rs regards The cost Of The work, his estimates and
mine though made by methods wholly different, diner
which make more ahlu p.nEhnh t!ah hs docs and
in the o. grading aud bridging as 20 which for tho
surveys. yet completed show this addition be
uInccc Srary
rho gauge and building the limo up tho Grand River To
C!lenv Springs I fully convinced and think that
when hcSc are both done hs yaluo OF the property as
Fighth-The money realized from this Issue Of bonds
will be deposited IN trust company Of New.York 70 be
IN the execution o the pan Of REORGANIZATION as this
The Boari Of Directors for tho first ycnr shall b
NInth-Tbn lNei charges per mile Of tho wdenet
d TSsd Will 6S snd nnds
quaiely equipped narrow.snuge line 80. .-,-.,
gauge connection o. the eastofn end will undertaken
u the Immediate future either independently or IN con-
b~nsu"H with the two connecting Colorado roads the