The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-05-14
TIE BUSINESS BUDGET.
SOME alLT-EpoE CROP REPORTS.
A Number of Important Meetings at
st. Louis-InterestingI Information
from Wall Street Labor Notes
and Railroad News,
Railroad News.
TIE 'FRIsCO LINE.

THE FRISCO LINE.
ST. LOUIS, May l3.--The annual cleo
ton of directors of the st. Louis Il San
Francisco road here was held to day
and elected Edward f. Wins
jay Gould, W. L. Frost, Horace Porter,
c. 7. Huntington, Bry Gray, Russell
Sage, A. S. Hatch, G. W. Rogers and X.
8. Hayes. The annual report was read
and showed good result for last year.
The party leave in special traiu for a
trip over the road this afternoon.
sCALPERs.
ST. LOUIS, May 49, Cha American
Ticket Brokers' associations annual
convention was held at the Planters
house to-day. There WAS full attend
aDce. The report Of the executive COM
mittee was read and approved. There
is TO be a banquet TO morrow night.
The annual report shows:
Gross earnings ......... ....... Sig4S. 5g6
Operating Expenses ...... $500. 1871 577
Improvements and taxes ........ 1871 sol
Net earnings ......... ....... 25S Oh
Interest charge, sinking fund rental,
etct see. ,........... .......... l,S2o'2O3
surplus earnings .......... ......... tS2,0l5
Four hfths Of the stock of the road
was represented az the meeting. The
earnings of the road in the aggregate
were larger in 1884 than any preceding
year, notwithstanding Tho business de.
preston; and while the operating ex-
pehses we're down TO the very low figure
OF AZ per cent, the road has been MAIN
tsihed up 70 "a high standard, and 1914
tons Of steel rails added 10 tho track.
The total mileage Of tho whole road at
the end OF the year is SIS miles, OF which
66S Wera see. rails. The aggregate
bonded dobb on January lal WAS S29,-
SJ3OOO. an Increase since the last rouOrt
of $lT9l 00j The floating Indebtedness
amounts % SlGl4,7j which is secured
by unso'd general morigGse bonds
and other RESOURCES of lie
company valued at $1,000 600.
EXtNnaud reference is made to the
relations existing between the ST. Louis
q san Francisco and the Atlantic d. Pa
cifc companies and the Southern
and Central Pacific roads, the
value OF which ia regarded as
very great Tho company has continued
70 pay per cent. dividends on It's first
preferred stock, and earned IN addition
Sb-S on MS Sl0,C00,0O0 of preterrea stock,
but 90 this surplus has been used tempO-
rsrily in part payment for new con-
strucuOn and equipment in advance OF
ceiling It's bonds, therefore IL has not
phlu ulNluenu on ltS secenG preferred
stocks The company, however,
expects in due time TO DO able to liqui-
date its floating debt and commences
the payment of such dividends.
CHICAGO POOL MEETING.
CHICAGO, May l3.-The managers OF
roads between Chicago and the Mis-.
sour river met here today to rBtify the
agreement made few days ago for the
formation of number of pools on
business between the points named.
An agreement was read Soc
ton by section. The Missouri Pacific
put in IA clain for an increased allow
snce in the tariff in which it is con
cerned, and while no definite action was
taken, 1t is believed tho claim will be
allowed. The afternoon session was de.
voted to discussion of percentages on
the pool on range cattle. The meeting
Will be continued tomorrow.
ST. LOUIS, FORT SCOTT AND WICHITA.
ANTHONY, KANSAS, May l3.-The COM
pletion Of the ST. Louis, Fort Scott Il
Wichita railroad 90 this place, PIG miles
west of Fort Scott, was celebrated to.
day.