The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-09-11


g 81 last ycaS, and net s42s,sl2s; . a dcSrs .H,S 81 q
the gross earnings were SO, 120,619. an increase
OF $7ll,l7 as compared with the eorressponding
period OF u st year. and net $2,0SS,4TS an IN
crease OF Rl2S.U6i.
The Central Branch Railroad reports eross
earnings for July of &i6,907, an increase or
&l1,4l5a as compared with tho same month of
last year. and net $l6, 800. an increase ot$l,22S.
For the seven months ending July 81 the. gross
earnings were 1918, 700, an increase OF SSO,S2i
as compared with the corresponding period OF
list year. and net $l3l. s07. an increase Of
S3s.6l2.
The Atchison C, md p. and the Atchison &c.
md W., railroads report gross earnings Tor
July Of Sti, s87, an increase of Sl9.455 ns com.
$500. nm increase o. SlI.sG5. For the seven
m3ntns ending Jolly 81, the gross cArninKs were
with the corresponding period OF last year, and
net $2i,TSl. an increase of $5o.lsl.
Tho I'm on Pacific Railroad entire system re-
ports gross EARNINGS for July of Sl.6i2,il3 an
increase OF 1914 ,s9T as compared with the same
month OF last year, and net i i99.6S6. y decrease
81 tho gross earnings we're SO. 6i3,oO5. an in.
crease 81 ~ .Os5, s0i as compared with n" cor
gispG %n insr ess 90 Of q ss 1sst 7 year' ana net $''lo'''
Tho Norfolk and Western Railroad reports
gross earnings for July Of $S024Os. an increase
Of Su.os4 as compared With the same NOUN OF
$50. ''"'' anu not "Eo0''i0' 0n increase u P''''
The Oregon Short Limo Railroad reports gross
earnings for July Of $559,342. an increase OF
S7O,2Ol as compared with the same month of last
year, and net 1924 1874. an increase of $ll5,0s1.
The San Antonio and Arkansas Pass Railroad
reports gross earnings for July Of $l39; SO, an
increase OF S19.OS9 us Coinnnred with the same
month o. last year. and not $l7,7l4, an increase
OF 5000.
The Mexican international Railroad reports
gross earnings for July Of $240,O I5, an increase
OF 1904 as compared with the same month of
lsstyear. and net $9i $40, an increase of $1.4is.
For tho seven months ending July 81 the gross
earnings were 81. 7S2. 81, an increase OF sol, 794
as compared with the corresponding period Of
$ $50 SOC GGs'' anu "e' S0'''0s'' an increase Oh
The Louisville. Henderson and 81. Louis Rail.
road Company reports for the year ending
Sss. s. ssss,ss a::::: ' sss: 5$S ' Ell 6: Bee S :''f i!:SEi
p, Net s sSasss s..:..'IS,.s9s ''s''as0 Dec. s','V7
Surplus ........... el0,S5s
The report Of tho Chicago Great Western Rail-
way Company for tho year ending June 80 Is
unique In that it contains illustrations of much
or the Improvement work which has been done
by tho company in the last year. The report is
complete in its tabulntion of capital accounts.
PresideTntt' E sticknc;y FG poinss S oSt fb S1n I" iST@o p AZ;
or tho increased cost OF. operations is referrable
to the liberal expenditures which. have been
made upon the plant. Grades upon twenty.nine
miles OF the line. at twelve different places. have
been revised and nearly 800 BRIDGES have been
tated n disturbance OF tho track to an eH:
tent that has has seriously inconycnienGsd
opoIhJlOnS. Inc COMPANY Will DERIVE 1u-
!urc benefit from its revision OF grades
by being able to reduce the cost OF transporta-
ton through an increase In the train load. Those
Terisions are now nearly completed. Tho bal
lasting of the tracks. contemplated "a year ago.
h has e., GSG Sen the estimates made at that time
OF all the ties in the whole line have been re-
newed within the last five years. and within the
same period over So per cent. OF all the wooden
bridges and culvcrts have been renewed, and 81
per cent. have been made permanent structures
OF stone, earth, and steel. The company has not
CTcullCu anything to earnings from the trans. |
portation Of material to carry out these improve.
inents, Tho report declares that the physical
than ever before. The report describes at
the Chicago Terminal Company. 1t has also
m ncs u " satisfactory ia r.. lease Of termipals in
City have been increased through the agency OF
asubordinaIo company. the Iowa Development
Kansas City. At the annual meeting OF the
was reelected except that T. Weaycrhauscr was
elected to take the place OF William Dawson. re-
signed.
Tho New York News Bureau reports tho
weeks movement OF currency as follows: THE
interior is drawing money from this city for
New !" York iAi have T been 'n about "st ST. sa' .Poo. 900. .rG am
amount slightly larger than last week. Tie
Increase demand has been chiefly from tho
south. the most important o dcrs for currency
coming, from banks in New Orleans. Kansas
City. Mobile. Macon; Augusta: Atlanta. and
from the West continued good. with the prin.
cipal shipments to Chicago. st. Paul. and Du-
States money Is plentiful. with an enforced re-
auction Of rates Of interest on deposits, but this
may arise from early preparation by banks for
coming drain upon reserves. At the Sub-Treas.
pry the banks lost $2.25o.00o by tho weeks
business
The advance in Central OF Georgia railway
ilrst income bonds is attributed to the large
increase in the business OF the road which war.
rants the belief that full interest on such bonds
VII DC earned and paid. The INCREASED traffic
Of the first, however. IS only just beginning.
The iron freight comes from the Birmingh m
district and is carried TO Savannah for export.
A contract for tho shipment OF l.6oo tons OF
iron fol, export to Australia was made last
New York bv tho Ocean Steamship Company
and thence is sent abroad. Another favorable
%factoris the probability Of the establishment by
birmingham. A commission is now making an
investigation looking to the selection Of u site
in that locality.
Regarding the fact that the increase OF earn.
ings OF tho Missouri. Kansas md Texas Rail.
way for August was only $i,239, 1t is explained
that during, August and September last year
several traftic movements made the earnings
for that brief period abnormal. August OF last
year showing from 800. 900 to $40. 900 greater
$4,000 to $4,000 greater than the t two pre-.
ccdinG periods. The company In now exceeding
the earnings OF last year really shows a large
Increase over any normal period. This Is
year 1s04.ls95. which was the largest in
having ye"S SeeSS sii.Si4.oo sa0 G Ep1ss GinFnin rs
months. July, 1894; showed earnings Of S746,-
600; Against $500, 900 Ir the current Year: Au.
for tho current year, making $l47, 900 Increase:
1894. showed 81, 026. 900, against
month COMPARISONS will be made with a normal
a ~ ire reports "1,ns from r the traffic department
that tho business otcring is nearly equal 10 Tho