The times. [volume] (Richmond, Va.) 1890-1903, 1900-09-09
CURRENT rOPICS.

1eeat estate in Chicago was assessed at
Sl'oloooo, eco. For 1860 the valuation was
reduced 10 81 2555, 600 coo. and it said that
o one aeo may be further reduction of s7O,-
~ C,i. WV but this does not indicate that
Chicago is not prosper;ng. It probabIv
high. - -
ne LOUISA News prints the following:
II Is pity that Louisa county does not
possess one man to whom all the people
can turn and say, Thou art the man to
represent the people in a Constitutional
convention. If he is here, VINO is he?s Ed
Tor B!bD has as yet been unable to decide
upon d man to help frame a new organic
law 20 govern Virginia for the next fifty
years."
II Editor Bib were not so modest he
might De more successful in his search.
Hon John ]. Carlisle, Secretary of the
treasury under Mr.. Cleveland is not dis
posed to talk politics. A New York re-
porter called upon him the other day and
asked what was his opinion of the Demo
cratic party. He replied that he did not
WISH TO be involved in the present political
controversy , He said in reply to another
3
letter, but he made no comments. Again
ne was asked if he regarded the free coin
age OIL silver as vital issue, and if he
would vote for Mr.. Bryan. Mr.. Richard
son called on me to-day" SAID Mr.. Car
ilsle, land attempted to draw me out on
that point. But 1 wish to avoid politics.
l am very busy practicing law. If talked
tor publication l would Immediately be-
come involved in a controversy that would
demand a great a Of and Ial,p
This seems TO be an off year in politics for
Mr.. Carlisle and Mr.. Cleveland.
The Norfolk and Western Railroad Com
pany makes a fine exhibit for the fiscal
year ended June 3Oth 1900 The statement
is summed up in the following:
Gross earnings. S14 O9l, 0N Inc. So 2j33 SG5
Operating expenses s,50l0s5 Inc. SCI, 1872
Net earnings.... 5s9.9oe Inc. /, 7o1, 1913
Other income....... 1852 Inc. 50,1sS
Total income.... 5Cs3,47 Inc /, 1901
Fixed charges...... 2,2l9,6S9 Inc. S1,925
Balance ......... 3.3S9S32 Inc. JAG
Deduction ........ 1,5lO Dec. 1924
Balance ......... s,3sS,s12 Inc. /, 726o7o
P'f'd dividends. 9O9,74S Inc. $685. 74S.
Balance ....... 2,47s5G4 Inc.. s16s22
Betterment fund and
discount on bonds 1,910.625 Inc. 1,9IO625
Surplus ......... 5o7,939 Dec. 1,154,3O3
Previous surplus. 1S03,o O2
Profit and loss sur
plus ..-.......... ,S11, AL
The company earns 3.S per cent on its
common stock after the payment of the
full per cent on the preferred. This is.
indeed, a most gratifying exhibit.
The Baltimore Manufacturers Record
in mentioning the fact that the Southern
Railway Company has been awarded two
grand prizes and two silver medals for
its exhibit at the Paris Exposition, says:
The award Of the grand prizes is not
only gratifying to the Southern Railway
and its friends, but il is token that the
company has contributed much at the
Paris Exposition to the advertisement Of
Southern resources, for the development
of which it is so systematically working
at home
The Southern Railway has been one OF
the greatest factors in the Development OF
the South's resources, and is continuing to
do great work in that direction.
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