The Saint Paul globe., 1897-10-15
FIGURES IN DETAIL.
What the ST. Paul & Duluth Did
Last Year.

=
flee of the road in this city.
Among the stockholders present We're
President r. Somers Hayes and Dlreo-
tors John L. Riker, Alexander H. Stew
ems and Clarerce S. Day, all OF New
York. William R. Merriam, Of ST.
Paul, and Thomas Denny, OF New
+, york were reelected directors for
+errn of three years. The directors met
Immediately afterwards and elected
the old list of officers:
President r. Somers Hayes; vice
president and general manager A. q.
Plough: secretary and treasurer, A. !.
Williams: assistant secretary and
treasurer, F. S. Rollins, the latter be-
ing also the private secretary ID the
president, and residing IN New oIk.
Last evening the president ana New
York directors left in the private car
of the road, minnesota by way OF
the Omaha road for the East.
The annual report for the year end
ing June 80, makes a good showing
The following is taken from the re-
port:
Gross Earnings o,,- oco ~
Freight 49, 23S 23S 20 20
Mail and miscellaneous ...... 4s'g19 -
Total ...... ........ ........".$1, ,564, ,1o4 AZ
Operating Expenses @ ).
Maintenance OF way 9.2f, 80 q
Maintenance OF equipment
Conducting transportation ....... o5o,2od 2d % %
General expenses fS..... ...''..'' o1'''o 90
Total .$1,147, 1863 66
Surplus earnings (2661 per cent?. $416 140 Is
Passenger earnings decreased 81 M %
Freight earnings increased. . 'Sol 80
Mail and miscellaneous earnings
increased -. -. ............ 10
E1Pepsss 5eepse se9 o. niain'snan'e We! s5
Expenses of maintenance of equip
ment increased .... ...-...... I,iUo IL
Cost of conducting transportation
General exnenses decreased 49,. 2,197 7S
The fre ght tons CARED one mile were
16 per cent more than in the previous year,
the increase being in the lower classes but
the reduction in the average rate per ton
per mile prevented proportionate increase
The increased tonnage as above indicated
over the previous year caused an increase in
the cost of conducting transportation OF
$16,571.56.
Expenses of maintenance of way include
$37, 40 expended for Improvement and bet
terment and charged to operating account
under this head. The decrease of $92 1885
is due to the large Improvement and better
lnent expenditures made the prior year, Wh1ch
included the filling of the approaches to the
ST. Louis river bridge, reduction OF grades,
and other matters noted in the previous re-
port.
tons delivered in Duluth f. o. b., at SIS per
ton This will be sufficient to complete the
replacing of all the light weight rails on the
main line.
Very little was done on the reduction of
grades, which work has been in progress for
some years. The estimated cost to complete
the contemplated reduction of grades is $780,,
O00.
During the year. 1864 miles of new steel
were laid; 12S,119 cross ties were placed in
track; 1888 miles of new fence was construct
ed.
Fifty-one new box cars were built at the
companys shops during the year.
This company was required to surrender
6212 shares of the capital stock of the st.
Paul Union Depot company for issuance to
the Minneapolis, st. Paul e Sault Ste. Marie
Railway company, account of the admis-
sion OF that company to the st. Paul union
depot.
large amount of work has been done
by the land department in encouraging immi-
grafton and the development of various fruits
vegetables and dairy products in the settle
ments adjacent to the road, and considerable
success has been attained.
Land and Stumpage Income
BY cash receipts from land
BY cash receipts from land