, 1874-02-28

CAPITAL 8TocR.
The capital stock OF the Burlington Missouri Riy
nairoad Company the 1st Of January, inst, WEI
( $e.532, ,552.7
The Chicago. Burlington Quincy Railroad Com
Of certificates to the amount Of St to take the
place Of the amount Of stock held by 1t in the
which was cancelled, and The outstanding certificates
OF stock in that Company reduced bJ the like amount
and has also issued in addition thereto, 137 shares,
ali which were used IN the adjustment Of Dividend
No. 25.
Tsse editions eas The stosk Of :is Company to
Companies sn aggregate Of So, 42e,5o2.7e-
BURLINGTON / MISSOURI.
Tho nunbex Of miles OF Burlington Missouri River
Railroad operated in 1878 was tue same as in the pre-
cedn9 Jeaz and the gross earnings on that road for
1874 were 5000, and on the road Of your Com
pauy, St go 40s. 49, making An aggregate Of sio67o
s. o1 6 s9ioo per cent of tho gross earn
ings; and including taxes, s., 92475, 584-l0o
per cent. On the Inter- the operating expenses were
md, ac,udns lies, slp12ial3s, o. q 77-ioo PEI
cent Of gross a1noun+ earned.
From tic first abo.e statsments It will appear that
The gross earnings for he ysar y now closed we're
81 4o5 as against ea7os foz the previous
OPERATING r1pExsHs.
The operating expenses 514.18. exclusive
Of taxes and Including ta1es &C. 7s7s2 while for
tho previous year aside from taxes, they were
words increase Of gross earnings the last year
Of $734 80, and dccrcaae in the amount uf oocra
ing expenses, e1clnaivc Of taxes Of OF, and
including taxes $23J $751; and ciear net gain in the
business Of the gear over tha Of tile previous one OF
*97Ilu1.15:
Tic operating e1pense4 for the two years will com
For 1872 they 50 $500 per cent exclusive Of
taxes, and including taxes 6a $500 per ceat Of the
gross earnings whllo for 1878 they 81 191u0
per cent without taxes. and Sc 4l1oo per cent with
taxes,
Had 1t no. been for tho loss by fire herein subso-
queuty mentioned, there would have been stiu fur
ther reduction OF operating expenses Of about per
cent. It ts hoped that no eonsderabs losses met
win IN ths sufcsea9g gea the operating
From the foregoing exhibit It will be seen that the
net earnings OF the road for the year abovs operating
Companies and on bonds Of all the branch roads OF
the two Companies, IN Iowa and Illinois. have been
70 1oo per rent on te combined capital stock Of the
Companies, IS 1t stands ut the date hereof.
In May fire occurred at Aurora, in which the car
shops, supply store, aud ohee wooden structures OF
ty Of lumber for the rnunuacturs and repair Of cars
and large amount OF supplies for the use Of the road
Aside from the insurance receved this loss amounted
to o. and ts included IN the aboTt Btatemeut
of operating e1penses II VIC had not met with this
loss, the net earnings osrr operating expenses and
Of 81 1as and II $500 per cent the capital
stock.
It viii 10 seen that tho interest paid On all
Interest On the bond Of this Company. Atten-
t1on is called to the matter Of interest on
these branch bonds for the reason that in previous
years part Of the interest the bohd8 Of these
roads has been charged to construction, because Of the
unfinished condition they were In at the time the Com
rany took possession Of them.
The gross earnings OF the Burlington l. Missouri
River Railroad and Its branches for the year hare
BEEN s. a2 233 gs N increase oVor those Of tue
ceding year Of $111 78573 The actual increase, how
ever Is greater than is shown by this stateent for
IN the statement of earnings for 1872 Is included
this Company to the Burlington l. Missouri River
silroad Company Tor business brought BY 1t to tits
road.
The operating expenses for the Burlington l. Mis-
souri River Railroad md branches for The year were
large BY Of the extensive renewals and repairs