Two hundred and fifty miles of DSS and A comprising of the eastern portion

Transcription of newspaper article from the Negaunee iron herald (Negaunee, Mich.), Jan. 5, 1888, regarding the Duluth, South Shore, and Atlantic Railway Company., Electronic reproduction of: Transcription from Negaunee iron herald (Negaunee, Mich.), Jan. 5, 1888., Source: Negaunee Iron Herald Negaunee, (L.S.,)   Mi. January 5, 1888 Thursday  Two hundred and fifty miles of DSS and A comprising the eastern portion which has been in operation during 1887, show gross earnings for the past year at $1,500,000 and net of $660,000. When the entire line, now practically completed, is in use, it is estimated that the gross earnings will be $3,000,000 with a net of $1,200,000, and further, that dividends from 4 to 6% will be declared the first year. There is now $200,000 in the treasury and the company has not yet decided whether to use it for purchasing its l and  grant bonds or to expend the money in dividends.
Abstract/Description: Transcription of newspaper article from the Negaunee iron herald (Negaunee, Mich.), Jan. 5, 1888, regarding the Duluth, South Shore, and Atlantic Railway Company.
Subject(s): Railroads
Negaunee (Mich.)
Duluth, South Shore, and Atlantic Railway Company
Date Created: 1888-01-05