The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-06

" 80 of the Northern Steamship Com
- the C;resi Northern Express Com
- and the sand Coulee Coal Company.
~.,siy issued By tbs comptroller OF the
s.unanv. IL ore OF the greatest adver-
sx.m,n,s FOR tss great Northwest that
80. ever been published, since IL is an adj
r,,,eA fact among flnanciers that
n. rroxth Of a country Is ten times that
- paytng railroad through which the
A.fer runs.
IN. statement shows the gross earnings
.s.hs road fer Issts9s 20 be IS, OF. 80. 60.
ss-,sase aver the earnings OF 1897 OF
Suagss7. the great gain being in the
,a..anser, mali and express business, the
rsszhf holding It's own despite the bad
ssxSoa OF 1870
The Operating expenses show an In
..ssse IN 1883 over the former fiscal
sszr OF over million. but this In
sss1ses all the extensions, improvements,
- made necessary by the rapidly In
s,sssi.g business OF The main line and
as branches.
10 the fiscal year, amounting III all 10
ssi'n5.s and charged s.7e7 1915 TO
croft and loss
IRE following Is a resume OF the comp
,rpieY's statement
Finances of Company.
During the year covered by this report
ne share ca pital Of the company has
80, increased eSa0. go shares ts5o.Vv0.pr}.
- which az 1851 shares have been issued
rxo hundred and hfty thousand shares
itssau0e1 on August ], 1885. OF the pro-
ss~as as this issue SIS 600 900 were used
ar fhe redemption of this company . coli
stera, trust per cent. bonds dated Sep
,sruber i, 1889. and due September !. 1852.
lire the capital stock. si2.501.0n6. Of the
ssa,fls 4 Montana Railroad Company,
Shsch was acquired August ]. fsss-
70 June 90. 1879. there had been redeem
"a E4ygsujn u the collateral trust bonds.
asvlng 5000 outstanding
since the close 81 the fiscal year s2i 80
ADDITIONAL bonds have been redeemed.
ssvtng SIS DO now outstanding.
Two hundred and fifty thousasS nd shares
ttsea eco were authorized by n resoiu-
ton Of the board Of directors adopted
nsabey - isgs. for the purpose os ac-
gasring THE stock of the ST. Paul. Mime
s,alis 4 Manitoba Railway Company
There have been exchanged is4 s52 shares
u Manitoba stock. Ter which there have
hssr issued gss. so shares 81 Great North
era stock This remaining $50 shares OF
Greaf Northern stock are held in the
treasury ~ this company.
InauA of Capital.
one hu<dred and nifty thousand shares
tAva.on, were authorized by Il resolu-
ion OK the board OF directors. adopted
Apra a. 1880 circular was issued tn
he Shareholders OF the company April
r. 1881 Offering these shares tor subscrip-
ten b. them at par. OF this stock iis.-
III shares have been Issued. and there
~ an In the treasury az the company
it0s shares OF the slIssT.a $40 realized
rem above issue 81 sssS Hsfl were used 70
suhserihs snd pay fer 5000 shares of the
capital stock 81 the Eastern Railway Of
Nnaessts. the balance remaining In the
easa2snys treasury part ~ which has
since hs.r usef in acquiring the stock
ma a, .af
rFs railway system
Total amount authorize ...-... SIS fszA lsla
" which has hcen issued ...--,.. - $40
n. i1sx cost ~ properties and Sc
kaiwaY Company 9s shown In the
rasf1 s1{asee Shs-t shows an increase
~, 1894 = upon comparison with the
ame Hen in last wears balance sheet
Increase In Wheat shipments
barirg the year tge amount % wheat
cartel Increased about - o.. 80 bushels.
Sae'leasiy All easlhound ar ISL 900 tons 80
eaNpsIea with the previous year. The in
sfesse iEl fha total revenue tonnage was
L'4es tons, there was. therefore an In
g s, during ne year IN tonnage hauled,
Faer than wheat. ~ J. age $50 tens \ large
EsFUea NJ this was short haul mprchan~
SsH. dns 10 tAe general improved business
eenpany
THIS accounts fer the seemingly small
letNftioG in the average revenue Der ton
pr niir OF u mills. ser i.2 par cent
ne earnings from passenger trains show
- increase during She year q II per
teat, or 81 'ss' 1s ~ this there was con
t'hdiei from mails aaI EXPRESS seTg $50 "a
20 fpN strictly passenger sources In
ling .tespfrg cars eic siiT aNe - There
bNf&btF n h@tt"r Illustration ng the
SUMO ~ tho Western country than tha
ssat'sse ~ anal rprDi09@ Tne United
s-s'ss n}s(ofstcr Department. raYx Tor
sp"F'atl'i - mails uf-on the es%.z 81