Omaha daily bee., 1906-04-08

sl7s75. The report says the officials do
not know what the true value OF the stock
is and cites the market reports to the
board for the market value OF the stock.
The funded debt for 1904 was S6OOl2OOO
and in 1905 the funded debt was sS5 $4,000.
The mileage Of the road in Nebraska is
3O55s miles, while the Pacific railway i'm
Nebraska. not included in the mileage Of
the Missouri Pacific system. is 71.22 miles.
The following table shows the financial
statement of this road:
Gross earnings .....S5i ,O55.Oo $50. 67OO6
Net earnings, def 80 3Og75 54i def 13. s695 81
Operation or mainte.. S2,041.20 64,O39 60
statement showing mileage, capital
stock, earnings and operating expenses of
the Missouri Pacific Railroad company ex-
GLIDING the Pacific Railway company in
Nebraska for the year ending December 81.
1905, shows:
Gross earnings .....,.......,......S1 S92, 4S6 81
Operating expenses ............... /, OS6, 537 ~
Gross earnings per mile.......... 1856 IS
Net earnings per mile ............ 1,00l.1
Interest on debt ................... $685., SO
Dividends made .................... 3,S9O,S 100
Protest on Light Bonds.
w. ]. Haskins of Red Cloud has filed a
protest with the state auditor against
registering the Red Cloud electric light
bonds When the bonds were first filed
with the auditor he refused to register
them because he ruled they had been
voted under the provisions of the 1906 law
which provides village can vote bonds
to an amount equal to PA per cent of the
assessed valuation. The bonds were for
5000. which was per cent of the valua-
ton of the town. A mandamus suit was
filed and the supreme court at it's last
Ha IN LEFT "a
bonds Before he could act Haskins filed
his protest. He alleged that Red Cloud
voted bonds to the amount of 5000 fifteen
years ago and that they were turned
over to local banker to sell. After the
deal was made the bank failed and
the city lost the money and got no light
plant. OF this issue $4,000 is still outstand-
ing. This, together with the $4,000 just
voted, makes a larger amount of Indebted
ness than 5 per cent of city property.
Others from Red Cloud claim the city has
taken over the bank property which will
pay of the outstanding bonds, but until
this is done It is likely the auditor will
refuse to act.
Reform at University.
The spirit of reform has permeated the
walls of the State university and has got
hold of the students. The result is that
hereafter all social functions in which
money is an important factor. will be on
a business basis and a strict report viii
be made of its use by the man handling
II. The first gun was fired by the reform
element when those interested swooped
down upon James Edgar Edgerton, mana
ger of the last Junior prom, for an ac-
counting. The class was not satisfied with
his report and at once appointed COM
mittee to investigate. The report OF the
committee was made yesterday afternoon
and was followed by a red hot debate
over It's acceptance. The committee was
sustained. The report called upon Mr..
Edgerton to put back into the treasury of
the class $25. The committee reported
Edgerton had the door keeper stand at the
cloak room instead of the door to the ball
room and thus ten couples managed to
get through without paying the $3.50 each.
The committee did not accuse Edgerton
Of getting anything out of the transaction.
but voted TO have him put it back merely
to get things started on business basis.
few other Items showed a discrepancy
and the class voted not to exonerate Ed
gerton from the blame. Besides the ten
couples which got in for nothing the com
mittee asserted Edgerton gave away
| twenty-eight complimentary tickets Ed
gerton belongs to the Phi Kappa Psis.
Bryan Returns I'm September.
In private letter received today from
w ]. Bryan. written at Calcutta, India,
| Mr. Bryan says he expects to return home
about the middle of September. His itin-
erary includes a steamer trip from Bombay,
India, to Cairo, Egypt; journey to the
Holy Land thence to Constantinople and
from there TO St. Petersburg, reaching the
ha
regime in governmental AFFAIRS has been
| inaugurated.
EXPERIMENTS IN THE SAND HILLS
| York Man Goes 10 FarminE with I,IttI 2