New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-26
rIGrREs OF An ANNUAL REPORT


r,,,o1 ronort Of the Chicago, 81. Paul. Min
,,oa,olis and Omaha Railway Company controlled
hv the Chicago and Northwestern Company Ior
,ho ,eor ended December 81. 1859, shows, includ-
- income from lands a surplus OF S63o,54@ over
1 ner cent Sl50.272 paid on the preferred s'och'
11;s is a rain on 1855 of S2l2,jel, OF whlch
sli7el6 came from net earnings from tralhc' anu
,35.365 from land grants
The passenger traffic shows an increa'e OF $40
ucr cent in numbers. which, with ga oil i'''
Der cent in the rate per mile received rom pas
s.npcrs civcs gain in the gross earnings from
passengers Of ZAP per cent
The freight traffic shows an increase OF vi
MR. cont in tons. but a decrease of il per cent
in the rate per mile received, giving dccre"S,
in the gross earnings received from freight OF
O.95 per cent
Tho General balance sheet shows cash assets
exclnsiyc Of material and fuel on hand SOL 49,.
II selst.et7. against cash liabilities, including
dividend paid January -, of Sl,l92.o04.
The following table compares the business Oh
BUSINESS FOR THREE YEARS.
years ended Dec 81 ls9,; lo39i,o, i7H' a.,
,aiie, from 9os 40 - 90 sI9 y 80. ~
i,iAias, ron ls,seiseF'' rs i56o5 S.3i1-
rata, eros. earnings 50 $40 s75 .o4llis7 so4l7s5s
op eIaainss sHH'+ M oi5 4o4slas 80 Az
Nc, e,,n,nrs...... - so5 25s Al. 7G-9'9 sl9sS4ij
DeaSs'nF Sa@n'e' Of III. 1sss coo 1ioi oos IA2's
,...,.. ,.o, road 30 s88I97l s5ieIss
income from lands....... G5i.5Ol 3OOO02 "olf-"
~, roce,,,s. sl57s.oCo ssGs os3 siosoola
Dividends preferred ~. ana ..,oo-2 ..,o 272
sor,,us income sso7 .o52 sn776i soso.3is
per cent. "A per cent
Union PACIFIC.
The preliminary monthly statement OF the
Union Pacific Railroad for February, "hlch III
cludes nearly its whole system, makes an uhcN-
pcctcdlv favorable showing. Because OF sho"
blockadcs a statement something like that gwen
for January expected. Instead, thcic Is "
turned an increase Of vi 0'io IN '.c gIoss, "u
the extraordinary expenditure OF S2Oe,C3o III
operating expenses rcdIjcs the gain in the net
to -, O5j. But that small gain stands against
markets expectation of 100000 loss
PHILADELPHIA AND READING.
| IL was On January Is that the Philadelphia
and Reading Company gave 10 ITS stockholders
| IT'S report Tor the year ended November 30 1889.
| That report showed net earnings over all charges
Of S23s, $40 At "a subsequent meeting Of the
Board Of Managers it was declared that no
interest would be paid ON the mr s
preference incomes, and OF coursr
| none on the second and third
incomes The coupons on the incomes are due
On February !, payable in only such amounts
as earned. i'll order Of priority, . per cehu
first 10 the iirsts and so on. 1t any ln'cirs, was
|
on January u to announce It's payment Tor
February j. The net of S23S,SiO gives about
$40 per cent on the first incomes bu' 'i,cf
declaring that no interest would be paid, II last
Saturday was announced THAI the February
| coupons of $50 on tls first preferred incomes
would be cashcd for SO 10, IS per cent on
the bond. April /. The public will be glad 10
| know why whatever was earned on the hrs'
| incomes was not paid February !, instead OF a
| partial payment announced for April !. Oi course
10 obtain the So - cash on April II Is ncc's-
sary 10 surrender the so coupons due February l..
THE STOCK MARKET
Today's stock marke, lapsed back into ex-
tremr duncss and the tansac, ions in listed stocks
amounted only to 10000 shares. In the early
| dealings "a firm tone was Developed and prices
| generally ruled higher than last evening. But no
sooner had the early orders been supplied at higher
| prices than the work of depression began Inc
| ereat and leading operators IN the market VINO
are bears only because they cannot recoup
| their previous sales except at large losses. sud
| denly became panic-s rickcn about an imaginary
| war scare abroad. And they sold ana offered
stocks Oh contracts 10 sucI an cN'eh, Una, .'.S
affected the nominal market values from IL 10
| I ID per cont Rock Island WAS particularly marked
for a decline and suffered Ia per cent. ana
Union Pacific. despite it's unexpectedly good show
inc for February declined from 6J Is TO 81 Ia
Tie stock speculation is dead, as IL has bccn ioi
| - lon0 time and il is that TACT That gives an
insignificant clique Of %ssi"is>s 'ne power p aa -
they did il with Lake Shore at 3D. ana thcy are
still short f the stock al about that pllcc IL J.
within the memory of the youngest boy III tli'
s,,cet Wien they were pounding Northwest at %
and they yet have thai stock - rpurchase. An'
vet daily the money requirements OF commission
houses are b,ins reduced by the steady and con
tinuous absorption OF investors The market
closed weak in figures, but steady III tone.
In the governors pet-thc unlisted department
Sugar Rcfncrics sold eX dividend of 1-2 pc
cent ii FROM &c down 10 "a "a. or Pipe LAM
!. | certificates, which represent SO many Darreis %
= crude petroleum. and have the same right on
security exchange wheat, corn, oats or barley
but which we've put on the Stock Exchange 10
the sole purpose of striking dcathbow TO tlr
!. | little exchange around the corner" the sale
aggregated the enormous amount of 5000 barrels
= For such grand results hos the legitimate specu
B lation In securities of q known value. dependen