| Show Northern Pacific ot of the an annual annual nual report ot of the Northern Pa railroad for tor th the year ear were weN la The Improvement ot of time the property wan wall continued during the Cat ur 01 On nn an extensive Scale cale both bOlh from appropriation or of earnings anti the pro liro ot of time issue ot of lew new caPital ot of 1 00 appropriated from Ih time yearA years earnings for tor betterment al all but nl expended The total for tor roadwork amounts to 10 1 Sl For or new equipment was was spent Charges f against capital account He Inon of at which 14 W was for tor real reRI for tor branches anti con ton The chief charge being 11 rr for the tho Valrner CI cut or off for tor ot of securities ot of Portage and Northwestern railway 79 O for tur additional Be Besides I del the cost COlt COltor or of additional equipment by charle against capital and th ot of referred to above for tor neW equipment representing replacement was directly to operating expenses |