The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-05-06
CHANGES ON THE c. N.
II Is Announced That P. P. Shelby
Has Resigned
KlMBALL'S NEW POSITION
Meeting of Union Pacific Stock
holders at Boston Last Week
hill and the Alleged Soy
Cott-Railroad Talk.

The wholesale changes among the
chief officials OF the Great Northern
which was predicted some time ago are
commencing to materialize. Closely
following the resignation of w. w.
Finley from the Southern Railway in
order that he may return to the Great
Northern in an advanced position,
comes the announcement that L. r..
Shelby. assistant general traffic man.
ager of the Great Northern, with head
quarters at Seattle. has resigned. Ill
health is given as the cause of his res
igna alton, and his successor has not yet
been named. Mr. Shelby is well known
in Butte.
A circular which was received yester-
day announces the appointment of H.
A. kimball as general agent of the
freight department of the Great North
ern and Eastern Minnesota railways,
with headquarters at Minneapolis. Mr.
Kimball was formerly with the 500
line at Minneapolis in a similar capa-
city. He succeeds &. III. Russell, who
resigned recently.
The annual meeting of the stock
holders of the Union Pacific was held
at Boston last week. The old board of
directors was reelected, with the excep-
ton that Alex Miller, secretary and as
sistant. controller. was chosen to sue
coed ). Endicott Peabody, while George
q. Cannon of Salt Lake City was elect
ed in the place of James Sharp as a
representative of the Salt Lake City
stock interests The report for the year
ended Dec. 81, 1895. shows: Gross earn
ings. S22,554.73S: decrease, $79Sg74; ex-
penses, Sl4,l92,59S; decrease. $26S6, 1888; |
net, $7,1S0,21 increase, 1866 no: total /
net, $S,9l7, l02; increase, 50, 400. 665; |
charges S1O.43l .422: increase. 81. BOD: a. |
felt, H,5l4,S2O; decrease. S2.443,O11. The |
Union Pacific proper shows deficit of |
$765,953, against a deficit of 81 So 734 /
In 1894. The oregon Short Line Il Utah /
Northern reports for the year a deficit /
of S55S.6S3. against a deficit of $1,553.73 |
In 1894. The statement OF funded debt |
shows total amount outstanding Dec.
81. 1895. of $49,794 900, OF which SS3 900 /
is owned by the Short Line and $685. /
600 by the Union Pacific, or, including
bonds held i'm trust. S. sos 900 is owned |
by the Union Pacific system. making n
total of A4 1854 600. The st. Joseph &,
Grand Island reports a deficit of sass
2I3, against a deficit of $500, 7S6 in 1894.
The income from land department dur
ing 1895 shows a deficit of Ssai.3cS. Isav-
ing balance at credit of this account
$24,175.6S6.
In a recent interview i'm the Minnea-
polls Journal President Hin 81 the
Great Northern said he thought that
the reports of boycott in MontaEa.
directed against the cities Of Mime
apolis and St Paul on account of a. cir
supposed financial views were much
exaggerated, IL they had any rounda-
ton at all 1T would be very bad pol
icy for them TO take such a course " he
observed. The boycott IS a dangerous
thing to play with. I he people of Mon
tana would hardly put themselves in
such a false position"
A Washington dispatch in the st.
Louis Globe-Democrat says: William
Wilson Finley, third vice president of
the Southern railway. has resigned his
office and accepted a vice presidency
with the Great Northern and Montana
Central railways. His resignation has
been in the hands of the officials of the
Southern railway for several weeks
and will take effect May 15 There will
be no successor To Mr.. Finley, the Cf-
nee of third vice president will be abol-
ished, and its duties will devolve upon
Traffic Manager John NJ. Culp. Mr.
Finley will leave shortly for the scene
or his new duties. Mr.. Finley will be
at the head of the traffic department
His new appointment is another step
higher In the rounds. He resigned
from the Great Northern as general
traffic manager. and returns as vice
president. in charge of that depart
ment