The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-09-28
DID LARGE BUSINESS
ANNUAL REPORT OF ILLINOIS CEN
TRIAL ROAD MAKES GOOD
SHOWING
sEkRER0LDERs GET $4,000 900
Net Income for Last Fiscal Year
Exceeded 6.OOO,OO0-TwO
Dividends Paid Out
of 1t.

The dfty-tirst report of the directors of
the Illinois Central Railroad company
VIII be presented at a meeting OF the
stockholders of that company to be held
a New York today. This report is for
the fiscal year ending June l, 1901, and
Its contents in summarized form are as
follows:
On June so, 1900 the number of miles
Of railroad operated by the Illinois Cen
tral company was 9995.S6, and in the
course of the year ensuing there have
been added a loop at Charles City, Iowa,
the Peoria division, 244.S SO miles in length;
the New Harmony branch and the Albert
Lea * Southern railroad, aggregating
26S.64 miles and making the total IN
operation June 30, 1901, 4265.5O miles.
The gross receipts from traffic were
$@5.SO1 4G0.47 and deducting from that
amount the expenses of operation, S2f25l,-
6,-56 and the taxes, 1880, l14S7, leaves as
income from traffic Sll, 05S, 66S. o. TO that
amount there is to be added SOS, 6U7 50 as
net receipts from sales of lands and 81
416,5I+70 income from investments includ-
ing those held in the surplus dividend
fund, and miscellaneous profits, making
the excess of income over expenses or
operation, and taxes, S13, 563, $50 SO From
that there have been paid: Interest on
funded debt. and bonds drawn under
sinking fund, 81, $50 925, and rent of sub
sidiary roads, $3,6l5, 265. So making total
fixed charges of $3.50, 100. So. and leaving
as net income for the year ending June
80 1901, $685., 65975 Adding to that
amount the surplus dividend fund
brought forward June 80, 1900, 81, 046, 226 81
gives as the amount available SSOl3,>
SS667.
That has been disposed of as follows:
Ninety-secOnd cash dividend paid March
/, 1901, 8 Per cent on $6O.OCO,OQO Sl,SOO OgO;
ninety-third semi-annua dividend, pay
able Aug 81. 1901. per cent on S66 OOO.-
OCO,' $l.SS0,G0O; to establish pension fund.-
S250OO0; for betterments, $2,S95, 399. rs; car
ried forward to surplus dividend funo
and set apart as applicable to future
dividends, $1,OSS, 1862.
YAZOO & MISSISSIPPI ROAD.
The report of the Yazoo &, Mississippi
Valley railroad, which is one of the sub
siGiary roads of the Illinois Central sys-
TEN not included in the above figures
VIII be presented at the same time
The number of miles of railroad operat-
cd by that company June 80, 1900, was
1.oU06S and in the year ensuing there
were added the YaZoO Delta railway. the
Belzona Extension, extensions from Lee
land to Bague Phalia, Rosedale to BOYLE
Parsons to Grenada, Black Bayou juno
ton to Phillip, aggregatng 1904 miles
and making the total 1,090.72 miles. The
gross receipts from traffic were $6l27,-
SH.l5, and the expenses of operation
S. 15LSS5.S2 and taxes $500 355 Sc, leaving
as the income from traffic $2069, 6S9g7. TO
that amount there is to be added S695 80
interest collected on investments, leaving
the excess of income over expenses of
operation and taxes 5000, 1927. From
that there has been paid in interest
$lOQ4,2C626 leaving a surplus June 80, 1901
Of 81. 066, 07S.91