New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-10
RAILROAD INTERESTS.
AFFAIRS OLE VIE ATCHISON.
THE ANNUAL REPORT OF THE DIRECTORS TO
THE STOCKHOLDERS.

ryr ANNUAL REPORT or THE DIRECTORS TO
THE STOCKHOLDERS.
Boston. Dec 9-Tlc annual report OF the AtchlSo"
,ictor, To the stockholders for the year ending June
On 1900 +, made to include the operations Of the COM
many for the six months january to June. lsop III
,rvenIng between the close Of the former fiscal year
,od December 81 lass, and tho beginning OF the
now fiscal year with July /, 1882 and new comparl-
- have been prepared and shown therein so tlat
herc occurs no break in the reports to the stockholders
- ,bc affairs Of the company After giving In detail
rcport Of the amagamations during the year the re-
port says
The result to our company of the foregoing has
nIron plans now in progress looking TO the same
End Will demonstrate The wisdom OF The policy out
unrd Eot only has large saving been effected III
,he conduct Of affairs of the several properties put
more efficient service Is obtained through the broaden.
ur Of the scope Of the transportation, traffic ana oer
necals Of the main stem Of your road whose work
""ces.ary related 10 the common COED Of all IN"
Oxidation OF the propcrtc, brought about the aban-
donment Of heavy terminal charges ~ between the
nnt only economy from simplicity. but that arising
from actual operations which Included greater returns
"' When your board assumed direction Of your con-
pany's affairs there 3.0js miles Of new railroad
lines which had been within short period OF lime
opened for operations but which hai not been IN many
Instances completed FOR SAT, operation This mil,o:c
and lis local traffic almost wholly undeveloped. In
bringing up the roabcd and tracks Of these lines 10
and IiA' tn condition consistent With safety your
directors found to make reasonably large
expenditures These extraordinary requirements. out
sdc Of appoints properly provided FOR from the revenue
Of the company In operating expenses We're coVcrel
by the provision for the specific purpose IN the plan Of
larO the traffic all lines Of your system has been
and sr % for @ nadon@ anr n aad
gnes las been made since the close of The scal year
Eens . the s b1tssr,y 1Hs r: a 1car
satisfactory returns are shown notably from tInic
from which the best results Obtain. the figure show
S3sls7o. The f"crea 20 o. revenue from pa'Scngrr
trric S560,odO. ard express rll.5l-: arose Wholly
from the reaction IA the southern CahioI'la DOOM,
which was fclt most during this i.tal year, your
California division alone showing f272Ggi, ana ~
les, passenger earnings, md $3.50 and S2o,'22 re
,pcctlvey c-' c4prc'' earnings than me Pisoou,
result should be had during the current fiscal year IL,
tho speculative features incident to the seitcmeni H
new section of country have disappeared ana sJiu
la,s for continued growth I'm the future IN southern
California Ia. been reached which j. ALREADY aite.t@d
iy the increase IN passenger revenue slnce May lr,T
on the dyonS Of your Py9Pe c6 Gf @ o voHr
properties has been constantly improved ana 20" eN
pcndurrs for repair. etc. have been increased over
he previcu, wear that the excellent standard of the
f. 7IIo The gros, earnings were S31oOl.357 IN
cr"a,c - a. operating cNpe".eso ~ -,
Increase. Slio.9o7; net earnings. *loOs3'9'l' III
crease. S15ll.j-o.
The statement Of the s.. Loui' and san Francisco
Railroad for the year ending Jurc 30 shows total
earning, Of :6a94.06-. lncra>c s5sd.-"2, Operating
cNpenses 3I7H.3sI, increase. 5l33-2i, nct earn
mc, 92N4,6-7 increase. ;ij4GG1.
The annual statement If Tie Alutc ard Pacific r.ad
included IN the Atchsou report Is: Gross earnings.
80 -iG.lOl operating cXpc.-',, s2f22ioJ net earn
Ing exod char7. tisQl l9 ,o Gef' 5@ci
~ lc wear SIall 200 To tlL- j. added interest since
Itnnary ~ l--O fric 20 The AtchisOu and SaY Fran
,i,r, r.ud, 81 oil also Old account, -l55.2oj.
Increasing The deficit - S3OO-.Ili. Deduct land
ale, to Atch,on and san Francisco S2,6l"i97. 'ly-
lr- A deficiency Of -}-- DIS. other land receipts
v.r. - $50 200. offset by expense and Interest pay
mcuis 4 .2.-fi 96l, mlhlug surplus FOR the com
many June 30. l-0O. OF slOOO-3.