The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-09-18
NEWS OF RAILROADS
ANNUAL REPORT OF THE ST.
PAUL s. DULUTH Is
FILED
WITH THE COMMISSIONERS
reduction Shown i'm the Amount
Charged to Grand Total Cost,
Equipment, Etc, Which Is Ex-
piatned-The total Gross Earn
inGs for the Entire Line Were
81 GAS, $3.50.

The annual report of the st. Paul &
Duluth Railway company was filed yes
terday with the railway commission
erS
For some years back there has been
standing on the books of the company
credit to an account entitled: Pre-
Ierreo STOCK cancelled in accordance
with plan of reorganization" The d.
rectors decided to close out the ac-
count by crediting one-half of the
amount to cost of road and half to
cost OF equipment, which having been
done, shows a reduction in amount
charged to grand total cost, construc-
ton, equipment, etc.
expenditures during the year not In
Guided in operating expenses charged
to construction or equipment, were:
4 Totai equlpInent 1926, 524 80
Total construction. ............. 49, 800 524 30
The income amount shows. 's6Si'O4s 60
Gross earnings from operation. :. 81 648, 635 Is
Less operating expenses. l. 166, OS9 60
income from operation. 1882, 546 Os
dividends on stocks owned. ...... 10,125 90
interest on bonds owned .... eco m
miscellaneous income, net....... 29225 O6
h'ehtls received ...'................. 1921 81
Total income ................. 1922, 1877 60
interest
FUNDED debt, rents paid for lease
OF road and taxes. 341, O7s 81
Net income s3s1, lis SO
dividends, per cent preferred
stock ...................... 49,. 239, sos 90
Piuo from operations. ............ 141 613 SO
TotaI cI,rrine o. loS'...''..... ~ 726 Y
otSl surplus ................. 263 $40 10
S,in Ior year :................. 1852 10
piuS June SV' 1873 2l5, AIS 90
The total receipts from passenger
traffic during the year were $414. a.
and from freight, $1,214, 1920, a total or
Sl,O2S,9l7.l3, to which is added 1913. O5
from other sources, making a grand
total of $1,629 s32.1S in the state of Min
nesota. The total gross earnings for
the entire line were S1,648,63565.
Inc company owns stock to the value
of s., 492, 727.94. Rentals received
amounted to $1O,231.51, and miscellan-
eous income, $219, 22506. For mainten-
pany expended 300, 1882; for mainten-
ance of equipment, $176O491S, and for
conducting transportation. $6O51s1.76.
General expenses were $S1, 74S.86. a
grand total Of s1,166, OS962. The per
centage or expenses to earnings on the
entire line was 1918
Inc operating expenses in the state
OF minnesota amounted to 81 LAG. us. 81
ana the percentage of expenses to
earnings In Minnesota was 7O.36.
The rentals paid amounted to $685.
164.67. ~'''
The balance sheets show that the
company's assets on June 80, 1897. were
$l5 ,374, 1892 and on June 80. 1898, thew
were $15,019,29255 a decrease of s3b5. ASK
The total number Of employees on the
road including eleven general officers.
is l,O47, who receive an annual com
pensation Of 1894, 1882, an average paid
compensation OF $206.
The number of passengers carried
earning revenue in Minnesota was
497, 313. The number of passengers car.
ried one mile was 1862, 346, and the
number carried one mile per mile OF
road was 71,792.
The number of boxes Of freight car
ried, earning revenue in Minnesota
was 1,24O,63 carried one mile, 1872, 1873
OIL and carried one mile per mile of
road, 65939S. The average distance
haul Of one box was 1882 miles.
The roads equipment consists Of six
ty-two locomotives, seventy-two pas
senger cars, 2,149 freight cars and six
ty-tWo company cars. The total num-
Der OF cars in service on the road Is
2,2S3
The total mileage operated Is 395. 80
miles, of which 6.38 miles Of new line
was constructed during the past year.
During the year 49, new ties and
1,7O4.54 tons Of steel rail were laid
The total cost of the road since its
organization In 1877, up to June 30, 1898.
including equipment and construction.
was 12,1e4, 174.1S, and the cost per mile
was $76,608.69.