Show 1 jji j I RIO GRANDE PROSPERS Annual Report an Excellent I1 i Showing j 1 I I NET EARNINGS G774709 It j4 I n Over 2000000 Spent far Repairs Re-pairs and Rolling Stock i J It Several New Spurs nnd CutOfTs Hnvo I Been Added in the Past Yenr l L r Denver Colo Oct 20The annual t I meeting of the stockholders of the Denver II i Den-ver Rio Grande Railroad company 2 wns held today at Its principal headquarters head-quarters In i this rlty at which were 1 V < J Il represented in j poron a tnt by proxy wtl l i 8 in > per cent oi the lotiu IFSIIO oi me capital Rtook of the company All tho i illnctorp wore roelcctid with the ex t f I i caption of hnrles CL Vainer of Si Lout who rotlros from the board by 1 IP l reason of Impaired health and Is succeeded 1 i t suc-ceeded by ISdxvIn I Gould 1 The gross 1 i earnings for the year wore 517304iS I 1 t nnd the net earnings were 8071703 It t f was a matter t of much congratulation I al thi inoctlnp that there were no un z I pnid vouchers a 1 I he t close of the llscal I 1 1 year and no floatIng Indebtedness During jI j4 I Dur-ing the year there were spent for Improvement 1I I j Im-provement and betterments of roadway r road-way and structures the sum of 1335 I 11 1 i OVJ and for additional motive power 1 nnd rolling stock 51708000 I the latter I sum including 12GO I new freight cars and I i fortytwo engines k A I aI i The Xorth Fork branch fortythree t c l I miles long running from Delta to thee the-e F1 I coal mines at Somerset jn western Colorado f Col-orado was completed during the fiscal I1 year just closed as was alro the 1 I H i twenty miles of Castle Valley cutoff t I extending northeast from Salina Utah 1 I and during the same period the branchY branch-Y from Alamosa to Crcede Colo a distance S 11 r dis-tance of seventy miles was changed J t from narrow gauge to standard gauge r throughout While the system enters upon the t new fiscal year better prepared than in i uJI i I I 1 il the past to handle the largo iratllc offered k I of-fered to t It It U I I believed that still fur f 1 W k I I thor purchaycR of freight and passenger j 1 I I J I passen-ger cars and locomotives will be Imperative I i t II t t Im-perative before another twelve months 1 i expire The strllte of miners at Cripple r Creek and Telluride has not materially I t i 1 I affected the earnings of the Denver I f Jf r I Rio Grande system during the year J I r ending June 30 1903 and the coming I ti year should prove as favorable a one I tl t I In the history of the company t I 1 I F l I At the Rio Grande Southern meeting f 11 W c L II ing the name of Edwin Gould was substituted t 1 f I W I sub-stituted for that of 5 JI Vood an director l Ji I t I di-rector No other change In the directorate il I hi II 1 1 direc-torate was made I 1 t1 i I t t 4 1 i L Hnilroad Notes I II I I I I C II Stlnson of the Nickel Plate is 1 j I II l 1 f at the Kenyon I I r F A Dunbav chief clerk of the engineering 1 I J 1 I f en-gineering department of the San Pedro 1 II L L 1 1 i i hits returned from Callentes where he ij I f I I i j I 1 rtiy5 the dirt is flying He says the o II I i laborers do not give as much patronage 1 i I I i1 I patron-age to the saloons as has been reported l I 1 re-ported but are saving their wages 11 1 II Iii C II i Benedict general agent for the q j i 1 t Oriental trafllc of the Burlington route I t I I 1 has resigned and in his place S 13 1 L 1 1 V liI11Ij i Hines has been made foreign trifle fl I t J i i agent with headquarters at Chicago I r It Three hundred troopers ot the Fifth UP united States cavalry 1 en route from i I the Philippines to Fort Logan at Denver E1 J Den-ver went through here yesterday f morning on the lllo rGandc i I d Several excursions arc to be run to d Salt Lake next week the I attraction being ii be-ing the piesenlution of Ben Hur The F Salt Lake route will bring In a crow < lon I l-on Monday from PLl son and Intermediate I Interme-diate stations the Rio Grande from 4 Tlntlc on Tuesday and on Wednesday the Short Line will run a special from I Ogden and neighboring towns For 4 1 Vc i Thursday the Rio Grande will put a t I half fare In effect good all over the I State |