New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-10-07
the week ending Oct. ), were:

and Rock Island Railroad Company TO the S,ockhold-
ers of the same for the year ending July l. 1882 sets
forth tha, the net earnings for the year were sS'i
go - The balances Of Income account for tue yex
being $92 6si 81, that OF last year July !, 1881
1857 453 81 leaving the present basnce OF lncomesc
count 1890 1873 a. There has been paid for balances
due on lands purchased previous TO the last report,
lands purchased adjoining some of the ststios and Tor
additional side-track, the sum OF 1854 20. The
equipments are also in the very best order, AMI
abunGantlv ample 20 do the large amount OF business
for the coming season which the abundant harvest
promises. The equipment of the Company is as fol-
lows IS first class locomotives, SO hrs-c!ass passen-
ger cars second class passenger cars, psymas,ers
car mail ard express cars II baggage cars 492 box
freight care lO5 cattle cars, 100 platform COAL cars,
2C5 platform cars IS hand repsir cars 10 fourwheel
gravel cars.
In looking over the business of the past year. it is
10 be observed that while the gross receipts have d'
minished the expenses have diminished IN nearly
though not quite, the proportion, and this be-
cause many expenses the same with small as with
large receipts but hereafter when receipts increase,
expenses will not increase in proportion.
The rapdity with which roads we're constructed in
the West from 1851 to 1857 created an extraordinary
demand for every kind of labor. The consequence
inexperienced and unskilful The result, of course,
wa apparent extravaganza in the management Of
roads. This was the CAGE With all roads, and at the
time WAS unavoidable. The consequence OF the revui-
zion of the past two years has been so TO diminish bust
ness as to throw a large number OF men out OF
EMPLOYMENT thereby giving the Compauy an
oppor unity Of selecting Their men more carefully.
This has enabled them TO do more and better work,
with fewer men, than was done with much greater
number during the period alluded to. 80 that, al
though the expenses reduced TO very low figure,
the road ard equipments have not been allowed TO run
down, and everything is 10 such complete order ana
the working of the rOsd reduced 10 such perfect sys
em that very little increase of expense would be re-
CURED 10 do fifty pei cent more business than We are
doing. The saving arising from diminished speed,
both of freight and passenger traas which ha, been
adopted the past two year,, has been no small ito n
Besides the great saving TO machinery and track, the
liability to accident is greatly diminished Too much
credit cannot be gvento the Superintendent for his un
trrg energy in adopting and carrying out every pTin-
cple which will in any way contribute to the economy
OF the road, and for thoroughly systemstzing all
| expenditures. During the year the Company has
made running arrangement With the Illinois River
Railroad, extending south from Peoria TO jacksonville,
! about 80 mi es. The Directors have established q
Sinking Fund of not ess than $50 900 per snnum, the
proceed, Of which are to be invested in the funded la
bities Of the Company; The disbursements for ope,
rating and maintaining the road for the year. amounted
| to $531 co. 20.
The following balance sheet is presented with the
BALANCE SHEET IF the Chicago and Rock hand Railroad
Company, JuIvl, 1853.
CREDIT BALANCES.
Capital Stock Account. 900 90
Mortzage Bonds. $4,000 0o
Unpaid Observation-Disclosures. 1872 80
Northern Indiana Railroad Co. unad u.ted BALANCE 53 o.
Profit, balance Of Income Account. 6Ol5s 81
1873 "a
DEBIT BALANCES.
Cost Of Road ard equipment. 8 50
srourds INCLUDING rev side tsscs.......... S4O7 Is
Railroad Bridge Con pspy ............. 1888 30
Iuiuos Mis,i,sppi T, 1855 81
sinking Fnnd Observation-Disclosures. i2O0o 60
sundry email balances ACKNOWLEDGEMENTS. 623l 90
pspy stock lOi 5NO 90
Stock Of fuel hand ACKNOWLEDGEMENTS. ll7O5 IS
Iron ard other materials hand 81 $50 "a
Balances due from other Roads and cash in Casner's
h.nds Chcs1e' 10y 5l6 AZ
7ss "a
The Income Account is also appended, follows:
INCOME Account Of Chicago and ROB- bland Rla'oid Com
pdnt for year ending July l. 1883
July 10 1859 TO paid interest 99j %
1859 TO pid months rent Peoria Branch. 81 so %
Jan 10 ls59To paid interest AZ sos 90
Feb l. l89To paid thu rent Peoria Branch. 625O 90
June So 1889 To paid operating expenses for year, 573S25 %
June So le5s-Bsance e5olS 81
July lss86y balance credi. Of income acct 557 + 81
JNe 80 J9By passenger earnings 10 d,te"... 800 la n
BY freight earnings 40 2a5 30
BY mall esrDi. gs...................... zi,<D "
BY other sources, 10 N9 -
Total ~ ~
July ls9By balance credit of Income sect s630 81
The number Of loaded freight cars passing east
during the year, was 1890; passing west, 5,Es.
1874 care passed over the road.
The statement of the number of boats and RATS
passing the draw of the railroad bridge at Rock leland
from June 30 1858 10 June 30 1859 represents COL