Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-04-23

ings of $4,000 the first year. or nearly
$670 per mile on valuation of $4,000
a mile. The line runs from Des Moines
to Colfax, but has not been in opera
ton its entire length full year There
are also branches to the army post
south of Des Moines and to Valley
Junction to the west. The following
statistics are gathered from the first
annual report Of the interurban COM
pany:
MILEAGE.
Des' Moines to Mitchellville
miles, ..$ l5.z5
Des Moines to Army post. 2.25
Des Moines to Valley Junc-
ton ). 2.3b
Mitchellville to Colfax, fin
ished this year .... ). 6.55
Klondyke to Flint Valley, fin
ished this year =. =. >. .. 5.46
Total mileage at present.. 2s.S7
Total completed before Jan.
1903 Aa.oo
VALUATION.
Land valuation other than
right Of way .$ S,O4.Vo
s..eilyiile ..... y1s.is7.45
yaiue of depots :. 49,. 1906 &c
Value of engines and cars. 2S,S50. 90
Value of right Of way...... 10000 .O0
Total value of system. !. 234, ,9SS. IL
Total value per mile in OPP
Grafton. ...... 1905. As
EARNINGS.
,os, 40 ~, IL, Vo1lav Juuc.
ton, one year. ~ l2,654.l 10
Gross earnings, Army post,
three months 2,sl6SO
Gross earnings Mitchellville,
four months j. -. 9,s64.57
Cross earnings. from freight 1,549. IS
Gross earnings from baggage 1920
Total receipts or earnings 26,S95 40
EXPENSES.
Train, station, telegraph and
supplies. ;. ..$ 1,lbo.9l
Ace -. 1900. 90
Loss and damage paid .... 3S2. 90
Legal expenses J. J. 1000. 90
Total expenses ;. -. Z. 14,s37.91
Total net earnings of sys-
tenn -. 80. $12,057. SO
Total net earnings per mile 66a.s6
In the item of cost of equipment are
some items Of interest. One electric
engine is valued at $4,000; four passen-
ger cars, s2,24O; one express car, 5000;
one freight car, $3.50; four coal cars,
$1,000; three hand cars, 500; eight
ballast cars, $1,000.
1t is believed that this Is the COM
pletest report of actual operations any
system ever made to the state assess
ing board This year for the first time
the state board will fix a valuation on
interurbans and assess them as rail-
roads. Before the close of this year 1T
is expected that the Des Moines Inter-
urban, of which Harry H. Polk is pres
ident, will have many miles more in
operation, but only the eighteen miles
in use before the first of the year will
be assessed.
The state pharmacy commission is
to reorganiZe today, Fred b. Russell.
of Rockwell City, taking the place OF
w. T.. Leland, of Hawarden on the
board. Mr.. Russell is already we'll
known among the druggists of the state
and his competency is not questioned.
He has been in the pharmacq business
for about fourteen years and has long
been registered as q pharmacist.
Some effort has been made to force the
board to elect a new secretary. Charles
j. Phillips, of Maquoketa, has been the
secretary several years. He is entirely
competent. He is the Second district
member of the republican state com
,nittee and also member of the board
of the state agricultural department..
1t was assumed that inasmuch as Phil
lips was in favor of Leland's reappoint-
ment to the board he would be easily
peaten for the secretaryship. William
.J. Gruener, clerk in drug store
in Des Moines, was brought out as a
candidate to beat Phillips, but it is
probable Phillips will be reelected.
The republican state central COM
mittee will meet in Des Mcines on the
day that President Roosevelt is here,
as nearly all the members desire to be
in the city at that time. A meeting OF
the committee will be held in the after
noon and the date be fixed for the
state conventions Some sentiment is
being worked up in favor of a con-
yeation to be held before the democrats
hol-1sthcir convention 1t was known
IN ghan the democratic committee
J a June date for the state con
1T was with the expectation that
llblican convention would be
hr They thought that they