, 1875-02-25

Paid Oh kttslencIs ut nil
cllns IN a.:,ilat nf ftetyat
aud otIef tr4 4t&t1us prior
to thb eAr lo1l.... 15,351.N
---sc,:s ~. IS.
Dalance Dec. al, ls74.... s IIu.syaG7
The las. two items In the foregoing statement of
disbursements afo not properly cfarKeAs agaust re-
teitts OF 1871 ind BlhulI IUt bS e1 III 0at1
mating net rcsuta for tnIt sesE.
aTArlsrH:B.
The gros4 recep.s from tr4ssi wers t371.a1e7+. or
e' sr cunt Iess tta In 1875, aud ltss than
r. nat tsss,Rs wsrsslo2 or sslos pe5 cen!
cent Hlors thau tu 1h12. H..
Ths operating osieHses Of tho ltnca exclusive Of
rear t!.s opssat,ns expense. wsr. 81 2o:,'p Ter
rcut and Gl +E-lDD respectively. IAe Rross te-
ssI 1 % ~ s'* 10
paid l,es passenger WAY sla7 being CENTS eAs than
ths average OF tie preceding year. Tho nutnher Ut
being sss7 or 35.iUV per cut uors 'tau lus,ns h.
retutling year. The proportion betweca through aud
o'sl ..ssnsess be'ng 80 poF saa. Of the former 10
M asEat d.; s to
trtghss b*ing 1t 2t.Uo Ter cent Of ths iores 10 ri
7l11 per can't Of tho tter. TIN proportion nf through
roceirts from freight tr4!c wars $l5ussos, Or Ii 50
loo cs cent le+s thau during tho pFo9e.linR Tas
col ssar: Of TO j..s wh; " ,ncade4 H. ~ ors-
beAR 20 13l0o l,ss cent loss than In 1879.
average gross resepsa per IsstnEar ;sas9 per m!lo
age 4rp.a rscIpts sr freight train Her mills ruu ous
dollar mud aoventy-sif cents sl.7dJ.
THE nu1paE OVEN THE sl1ssIEsIpP1 RIVER
at Louisiana wAA built by tlV Company sole oWnaf.
no other corporation person lattug had a. Any tine
any tu:unisry nkesa1t iu 1t. untlor tness ctcutu.
althoua! accurate account has tceu Kept Of
~ ths basis fac division Of oarniugs Gstwaan tns
road aud 1sidgs. in caas sf trlc pass,ng over both.
h1H hHR9 hFrffH
assumed to oosrespold with ths 1nialalua rhargts
n!ads Ut aiuiilar bridges over that river. That nos
fsom pshsnaas trssie, From fragns tratn,
$tssss.o. q ue prodt Of * per eeat on IT, cos..
tied 10 from through rates upon tue b4.!a Of caarscs
made on oshnr brigss over TINT river, ths result
would naTc shown larger roturu. Thu advantages
mating traffic are areaty apparent.
TLs gfos4 earnings Of tbs II. Louis, Jaekson.1!.
cent tho.o Of tba L,ui1iana Branch abons VI t,or
eeut; enl! taoss Of tie Iou!sana 4 Missouri River
railroad ~ 8d-1uo per ceut orcr thoau Of rocot-
lug yeaFs Ttes8 llnea AEa the only oIerdell by
tho company On which Increased freight ir,iAe WV
shown during tho yoar; AMI The .noreass duo
mainly to tbs conatruoton Of tho brtdgt, Tue tra!Ile
oa tbs lines v!a Loulaani, In the l,rsctnn OF KauIa
City is steadily tncEoasiug and, although alill small u
a1nount. y believed tha with tla Fttlrn Of general
business scttslty 1t will aaausua pro-
portions.
ExpEn1EHcE IN OPERATING TIE IEAaEp 11sEa
during w paat ysar l9s demonstrated thu following
paid a1sd sont.l, and ssparats sccoun. u esr-
4Mgs kept but thv !eass IL Yety adyapt Keaus one
ths st. Loa!. jaeksunvi!s cass.o .IIoaa @s =. sa II
a7Jos. "'1.'3 = &''''"'-4 "' ''''''
Tbs net earnings o! the Louisiana + Missouri ,ycr
Aala!a were !e4s tian hs aount Of rent lal1 for
nss. computing earnings UPON traffic contributed ~
T. 10 the oasr ne. = "a onhel ts apparent net loss
in.t !tns wa eatinaIsa at $5t, With tue ta-
postnt noun Aou Of thb tesA!s of tho lsasc. Aeren
to. wshoto that thta il, aAs a o.A tu Operating t4t
h1e winch vii be rcsltkod by Ibis Company.
~ ~ aa*s 1stweeu ths o9mpauy aud The LOUISE
la7o The !AsIss Company agreed ~ furnish right Of
wy, grading and ta to eop ste la linz frJln Ms1lro
to RaAs4t o!ty. That co1aps.y JAILED to comply with
ls contract ~ Ibis rshpS, and consequence thssp-
O. thkt portion Of IL n0 haa hcen completed.
the lesss ptoVlded that. III case any lncuty shoud
thsfeater exist hstWoen tus ast!e4 relative u Ills nou-
therein conta!neL. Tho ql,ast!ous Of difference nhoud
persons. akt!!ea III ths buaineas ot eoudustny sua
managing Fallrotdt ons Ct wnou should 10 chosen by
eaSa q tne psE!ss IAl. COMPANY asitnsd taht Il
1ualnant Of Tie ounract on ths p4rt Of tbs LolsIaua
Missouri. Liver Il tlttos! uusnpAoy, and sho question
~ submitted 10 lhs Arbitration ut Joseph II. aioorn
EaT cilosea " this Company. and Qsu. A. Anderson
elossn BY Tho Louisiana l. Missouri Rtyvr Railroad
Company. Tho aEttsstora mot sud awarded that Tho
clause IL tbs lssss W .hlcA ibis Company euaFan.se
minimum annual renta should u surogatsa. 4llu
that from tao 1t Of November. 1914 this Company
khould pay ~ rsAtal pr ceut Of ths arosA eafuqs
VI tho ua tstHesn lculsiauA aud Jcressp C.y aftsf
daducttnz tAxes: aud thAt such ~ this COMPANY
"sts % as 4 IT, IL ..su +,
N4Fcf Aa'lfoad Company In e1csss Of VIA, thu rental
nlaLt suoant 70 should y charged TO INA. Company
was 70 ss!sye shia Company from lbs payment Of suy
fsntal hsyoad shs y YET cent Of gsuas s4ruluys
tsrsst es,oaa tau s.ats I'll us e.as,suau nau Il, aes,
4g4,ast tAs Lou'4ans Missouri. 1ns*r Is.ruaa Com
tsny.
taxation not on!y u the tutira psoleEy 1e.l $n per-
Of railroad compAn!at bat Of laslf eapsts stock.
1hs pt1Gcrty ot the CoturRny WA ksaeAstd il tncA
manner !. TO render s1cesdlngly dnacnI. racer
tain tie precise saouGt ot tascs wnich should hs paid
~ stoekhofdcss sp1'eu 10 she Circuit Court Of the
United s!Ates. krsytnE for ~ injunction restraining
tLs Company such suu ~ las Court SHOULD dstsFian.
VAS Jtut sll equltsbs aud Temporary tujuuctlun
Ta = ;as " whe :aotea . tss I'll ~ ~ s ss
hxa oen1 appropriated aud charged IN uls Account Of
operating s1lsnRes. lut hA4 not yet beeu paid It u
ths ao!soou at ths tax capital stock will aus-
iAlaeh knd that ths ta1as upea tho popsfty wall Nv
!A'xsy Fsd1ced.
14Pnog1xo 7ux TRACE
Ihn property has not only been IN III departments
a.,nss,asa II saud'tsou eqnal 70 tA.s q tae h+It
Il sseel rsis ;of Iron Ak, @ ~ .a .ttes arc xo.n op
~ sd41as " doohls sacks, bJ REDUCING tbs tneua-
ne =. 10 s .as, ssRs sna y sass |
q during Tie ysar tho propsss, II IN naeh
better condition ios o1ststlug u raaueaa coas than
.tsel tat. a.2is tous oG Iron rails Ad 2Is,s1s
etoss ues hsys bsea usc In replacing out ralia
t~satytYo tons at sael 1&ila snd c1pss tics havs
1esa ted In additional double track, Heasty mea
tas ys4s. nns hundred sud sighty-shre& lniles
q track had been laid with steel rails As ths
eloaa OF tbs ysar. 1n& gxadtnx fo4 double
track vt xeoa Joliet And Wilmington, snd tns Fsdo.
ton H. inclination Of GRADES That tss4ns novtng
u ny point within 10 mIlss OF Chicago Asaead "a IT,
ctnsaoa stesedlv II fsss por nnile haa bean nearly