The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-12-28

ono-hnif per cont, or three and one-hnlf por
cent. In alI. In December last Il somi-an-
nnal dividend Of two per cent. and An extra
dividend OF one per cont, or three per cent.
in nll, was declared.
The Lake Shore directors declared tho
regular a~emi-Rnnual dividend Of two and
one-half per cent. and an extra dividend o.
one per cent. making six per cent for the
year. Surplus after tho dividend 10 paid,
S490 .210: Michigan Central surplus after
dividend, $500, 800.
The gross earnings OF the Lako Shore and
Michigan Central railroads for 1891 are tho
largest in the history OF the companies.
They aggregate Ri 400, 900.
Tho operating expenses were $14,GB2, 300
and the net earnings $6,s07, 200.
The gross eapninps Of the Michigan Gem
trail were $15, 0Ob 600; operating expenses,
$l0, 1913, 600; net earnings, $4. 067. 900.
Astatement was presented from the Mich
igan Central Railroad company showing
that ms per traffic agreement tho Canada
Southern gets $451, 900 OF the Michigan Cen
trails Sl,627,O0O surplus earning. The in
come from other sources WAS $1,000, and the
balance from income Of the previous year
$215, 733, making 4 balance at the end Of
this year Of $674, 75555.
Statement of the business Of all of the
Pennsylvania Rnilroad comnany's lines;
All lines east of Pittsburg and Erie for
NoVemOdr, 1851, US compared Will JHe shMe
month in last year, show MI increase in
gross earnings OF 1894, 858. nm increase in ex-
penseso OF x21O.6l9, q decreaSe in net earn
inQs OF $l75, 761. All lines west of Pitts
burg and Eric for November, 1891, as COM
pared with the same month in last year,
show an increase of gross earnings Of $751;
l24, a decrease in expenses of S33, 438, an
increase of net earnings Of $219, 5G2.
Rules for Hal5-Fare Rates to ~CIergymen.
The rules Of the Western Passenger assoc
~clergymen's permits have been amended to
read as follows: Annual or trip permits
for tickets at not less than one half Of first
class tariff rates may be issued to ministers
Of religion in charge of churches or engaged
(including clergymen acting as college
presidents or professors), secretaries Of the
Young Mems Christian association and So
cieties Of Christian Endeavor and to Others
wholly engaged in similar work, az may be
agreed on from time to time BY the general
mits shall be issued for theological
students. When sent to perform clerical
or missionary duty trip permits may
pc issued on written application OF
the head of the institution with
which they are connected. Clergy tickets
~ not less IAaH nHlI OF regular HrSG-ClasS
through fares may be sold by these lines
over connecting lines when connecting
lines SO authorize. Provided, that for
each ticket SO sold the chairman Of this
association shall be furnished when he may
require it with a record of the transaction
showing name Of clergyman and residence,
form, number and through rates at which
ticket was sold. each ticket SO sold to have
written across the face of the contract and
each coupon the word clergy" These re-
duced rates will be given on all lines in the
association. Parties entitled to them liv-
ing on any line a member of the a~ssocia-
ton will be given same privileges on all
other roads in the association. Parties
living outside of the territory reached by
the association will not be given time OF
annual permits. but may have trip permits
on application,