The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-03-15
NEWS OF RAILROADS
ANNUAL REPORT OF THE OMAHA
ROAD is GIVEN TO THE
PUBLIC
DIVIDENDS ARE INCREASED
GROSS Earnings for the Year Showed
Gain of Nearly Million
Over 10000 Acres of Land
Sold, With More Still HeId-Some
of the improvements of the Last
Twelve Months.

The eighteenth annual report of the
Chicago, st. Paul. Minneapolis g. Omaha
Railway company for the fiscal year end
ing Dec 81, 1898, was made public yester-
day. 1t shows: '@7
Gross earnings, 1850, $685. increase. Sa3S.
1873; operating expenses, 5000, 1858, increase
$354116; net earnings, So, 499 43O; increase,
S5Sf,CS3. Interest and rental, s., 500. 375. Net
income, $1,994,o55; increase $780,, 1904. I'M
provement fund. s420,173 Balance 81. 573.-
1872, increase, $1S4,6S Dividends, 81, 49,, PSI.
Surplus. $136,621, decrease, $93, $50. The
item in the income account for improve
ment fund of s420,i73 appropriated by the
board of directors, has not appeared
heretofore, but has been included In the
ting expenses. The dividends on
the common stocks were increased ~
per cent of $27S,S90 over those of last year.
There were 2O,23S acres of land disposad
Of from the several grants and 1882. Ill
acres remain unsold. The net income
from all the grants was $3063O The gem
eral balance sheet as of Dec 81, shows:
General assets and property, SG.679, 7Ss;
cash on hand, 1888, 1884,
The more important improvements to
the property were:
The tunnel west Of Elroy. Wis. was
enlarged to admit Of the passage Of larg-
er cars.
tween Hustler and Necedan Junction
WIS; west of Warren, Wis. and between
Mcmillan and Wright Wis, an aggreeate
OF "a miles miles, and the track was thor,
work was commenced on change of line
near Sheppard, Wis. The new line will
be 40 miles long, reducing the distance
1902 feet; The work will be completed in
:. Between Fall Creek and Altoona the
line and grade We're changed for a dis
AT Truax. Wis, a, change was made r.
the alignment and grade for 294 miles.
me distance was shortened 2O5 feet.
Wis tba M1lSon and H@mbird Point
lance of 1.67 miles. The distance was
shortened PA feet. :, Il
The change of line at Chapman. Wis.
referred to in last report, was completed
in July.
Between Blakeley and Henderson.
Mimi, the alignment was changed a dis,
800 feet. Five steel 5girder bridges of the
aggregate length of 200 feet, on stone
abutments, and two iron pipe culverts,
of wooden bridging.
An iron structure over the st. Croix
river at Hudson, Wis, consisting of ten
spans spa, ~ feet long, one span Isl feet long
and one draw span 800 feet long, was re-
modelled and strengthened The ten short
spans We're replaced BY ten new steel
spans, ana the two long spans were pro-
vided with heavier floor beams and string
ers and the truss members were strength
ened. .
A wooden Howe truss Sc feet lone. over
yellow river, south of Spooner, Wis, was
replaced by steel bridge 100 feet In
length.
There were 5S.51- track miles of new
steel, so pounds to the yard, laid on main
lines. -'-'-
The following buildings were erected:
AT Worth1ngton, Mimi, brick passen-
ger station; elevated coal chute.
AT Laurel, Neb., passenger and freight
depot.
At Magnet, Neb., passenger and freight
depot. -
At Salem, s. D., passenger and freight
depot. ~
At Heron Lake, Mimi, engine house
A brick addition of eight stalls was
made to the engine house at Itasca, wis.