, 1873-10-07

b1R: Tho following statement Of tho roguEtH
ona OF e sy p Spis9sns r 1S5 S soby aSs
THE GROSS EAnN1N0B,
amounting to S12, ,73o, ,G06.75, wore dorfvcd from
the following sonrcos:
From rat-claaa passengerH. o31 8o503
From aecond.claas passengers. 293 60
FROM EXCURSION ......s..--........-...... bJ033.lD
From communication. ion...................... 10so59.65
From transportation of milk: ioa 7sa7s
From Transportation Of oxrresa-mater.. 237,bso Is
From transportation of nlails........... 205 3373l
From transportation Of extra baggage.... II, ,bB0G8
From 1nlaccllaneons sourcca 165t 19060
THE OPERATING ExpENBEa
woroJ ST. ,770, 1G3.13, or G1 5-10D per cent and
tue Ra1no, including taxcs and expensos incurred
Tor removals TN ncoonnt Of the Chicago fire. dur
cent.
CAUSES or THE 1NcnEABE M OPERATING EXPENSES.
The incrcaso in tho percentage Of operating
oxponsos, as compared with tho previous fiscal
year, is 49-100 per cont. This Is chiefly attrlb-
utablo to thrce caugeB:
first-Tho unusual aoverity of the winter,
causing nu increase in tho cost Of repairs Of
ttrack, engines tonlers. and cars. The propor-
tions which these iteme Of exponHo bore to tho
whole earnings for each Of the tlHcal years
ls7l-'2 and 1928 are US follows:
1s7l-2 1878 Increase
tenders. -. ..:...... 421-1oo 8 a-1oo 1ls-1oo
Repairs Of II l5-10o u 00-1o0 12-100
items sS-1od por cont Of tho entire earnings. Or
neariy tho entire increase in operating expenses.
Second-The necessary employment Of q largo
amount OF rolling-atock in tho several conBtruc-
ton works Of M tho Company, averaging about Ii
engines and 325 cars whose service to the Com
patly returned no profit Of revenue, aud only
enough to maintain tho Same In good ropalr.
Thtrd-To tho docroase in oarninga per milo
por passenger aud per ton Of freight. Tho
earnings per passenger per mile for each year
@ Eor 11 = .eS 2B-l0o conts
for or4oi2-3'......s..... .01 16-l00 centa
making an actual dccreaso per passenger per
milo Of Go-100 por cent.
Had wo received tho samo ratio por passenger
per milo for tho last for tho previous yonr our
earnings would have shown 4 further increase Of
Tie earnings per ton per mile Of freight for.
each yenr woro: .~ ::
Tor 1S7i-3 si % G1-1oo censs
For l872-3.. .02 35-10O cents.
making an actual decrease Of Q 9G-1Oo per cent.
Had We transported freight at tho same rate
shown q further increase OF 1885,, ,O5O 8a-100,
Iho percentage OF operating exrenseH would
then llayo been roducea to So 87.100 pcr cont from
tllid cause alone -showing TINT, Notwithstanding
tho extraordinary expenses before enumerated,
tho busineaB Of the Company has, relatively to
tho rateB rocelyad for transportation boon more
economically conducted during the past thau
du1ing tho previous year.
TIE TAKES
chnrgod upon and paid by tho Company were
iucroasoii 33,94l.J2. or this largo increase
S47.9G7.27 was iuthe Stnte Of Iowa alono 4 change
ia the method Of taxation in that Stato went
into ofloct during tho last fiscal yoar, resulting
in the increaBe Above statod.
FnE1amT-pEroTs AND ELEVATORS AT CHICAGO,
Tho Company replaced the throo froight-depots
of the Galena Division, at East Chicago, de-
stroyed by tho fire. Of 1871, with substantial
brick structurea and have them in use, Two
large elevators have been completed for tho use
of tho Company, Of larger capacity than those
destroyed, Quo Of which Is upon the Companys
land. md which troy have the right to purchase
ut al appraised valuation.
NEW EQUIPMENT. !
The following new equipment has boon pur-
uso upon tho road 90 engines aud tenders,
complete; rtist-class coacheB mail cars d
cabooso and way cars Il boarding cars ; G21
box (froiglt) cars; +; 90 ilat cars 40 stock cars
834 irou-oro cars and ono pilo-driying chr. Tho
cost Of this equipment was 81 1887 $50 .97 to
which should DO added. for Westinghouse air
1923, $1,000. and for Miller platform, s47G2s5G;
which Qess $3.50 for ono lat cor sold) makes the
total for now equipments. 81, ,437, ,2Gs.o6.
THE ENTIRE EQUIPMENT
Of tho Company, on the s1st Of May Inst, WIS as
Locomolire-E e-Engines-Fist-olaas, 210; second
clnss, 20; switching engincg, 50 total, SOL. OF
these, la are coal-bnrners aud 150 wood
burners. =
ar-Eqaipment- t-Firet-olaHs passenger cars,
1871 aacoud-class passenger cars, 27 !; baggage
and oxpross cara, 10 mail cars, l5; paymaster's
ca!s, and Directors and officers business cars d
eaboose and WY cars, 1876; boarding cars for:
1000; stock cars, ss6; dump cars for road work,
25; iron-oro cars, 1,955 pile-driying, wr ookiug
etc., cars, II. Total, 7,922 cars.
For tho Wuoun l. St. Peter Railroad
thoro las been purchased, during tic
yenr. lOEonDtiyD 1nninna .an1 I'M Inv