The Montgomery advertiser., 1903-10-08
rne., opportunities for stock raising ir

finest opportunities for stock raising in the world.
 While in Cuba I also received assur- ances from prominent Cuban omciais that American settlers and American coi- onization will be welcomed. and when told them 1t Is to be the future intention of the Southern Pacific to advertise CuDa and stimulate immigration to the island, they replied that the American farmer and the American business man would be welcomed with open arms. President Palma was not in Cuba while was there but he has gone on record several times as being very favorable to American inn migration
 Ut is far from the intention of the Southern Pacific to boom Cuba to the detriment of Texas and Louisiana. Sim ply because we have added Cuba to our list of attractions does not mean that we intend to pay less attention to Texas than we have in the past. On the con trary, 1t is the policy of the Southern Pa cific to boom and advertise all the terri tory which 1t serves and Cuba Is to be no exception to the general rule. Cuba presents individual opportunities and pos- sibiilties in certain lines. just as Texas does in other lines In other words. we have simply enlarged our stock and as- sortment so that we will be able to give the prospective settler what he wants and where he wants it.
 Colonel Anderson announced the per- lection of the arrangement for checking baggage in bond to all parts of the Unit ted States where there is custom house officer. This arrangement is calculated to add to the convenience and comfort of the traveller,
 At New Orleans Saturday the details of the through-ticket arrangement were perfected. The Southern Pacific and the Illinois Central will issue tickets read ing from various points on their lines to Cuba. Other lines are expected to join in the agreement, thus making it possi-
 ble for passengers in all parts of the country to purchase through ticket to Cuba. Thus far the Illinois Central has
 been the only road to join In the arrange
 ment. but Colonel Anderson believes that other lines will shortly begin a clamor for admission.
 An official from the passenger depart ment of the Illinois Central accompanied the general passenger agent on hls trip to Cuba for the purpose of starting the Worlds Fair ball rolling on the Island. The Southern Pacific has already made an extensive appropriation in the way of Cuban Worlds Faid literature. The of ficial route Is described as the Southern Pacific steamship line to New Orleans and the Illinois Central to St. Louis. This combination will be hard to beat. both in point of comfort convenience and luxury of travel. and will doubtless be accorded the biggest share of the Worlds Fair business from the island.
 Colonel Anderson says that business to the island has been on tke increase since the reduction in the rate and admits that the time is not far distant when the
 Southern Pacific will be compelled to aug
 ment the equipment in the service propor- tnix I taf0 to
 the only steamship in the New Orleans Cuban service and sailings are made to
 the island only once a week. The Excel
 sior. vessel which is said to even sur-
 pass the Louisiana in point of excellence, Is now being overhauled and fitted up for
 use in the Cuban service. As soon as
 business demands. this vessel will be
 pressed into service and semi-weekly sail. | ings from New Orleans inaugurated. President SD: :1cer's Report. President Samuel Spencer, in his report for the Mobile and Ohio for the fiscal year ended June 30, says
 The gross earnings increased 15.0l per cent and the net earnings increased 12 G4 per cent. The expenses of maintenance of way and structures per mile of road 1 for the year were $1 299, as compared with | $997 for the year preceding The chief l items of increase were in renewal of rails
 and crossties. general repairs of roadway and in repairs and renewals of buildings. The number of crossties placed in the
 track was 53l.554. as compared with S7S.- | 669 for the year previous, an increase of ! 42 1-2 per cent. The rail renewals include
 l6674 tons of new 75-pound steel rail- or
 about Al miles. The average amounts | expended for repairs and replacement of | rolling stock were: Per locomotive, g. O0l,
 against $ ,S67 in 1902; per passenger car,
 S10. against S679: per freight cars, s66
 against $50 The expenses of conducting | transportation increased $223, ,o91, or s.S9 per cent, more than half of which was
 in cost of fuel. The ton miles increased
 1S.o1 per cent and the passenger miles l increased 7.95 per cent.
 The capital stock has been increased by
 $5O,00O in part payment of the entire
 property of the Mobile and Bay Shore
 Railway Company; the $20O,00O first mort
 gage bonds of that company heretofore guaranteed have been assumed as a di-
 rect liability. The equipment obl gations
 have been increased to $2,543 1S4 by the l issue of lease warrants in payment for | three dining cars and fifteen passenger
 cars, including principal and interest, | $159. .357, and notes for deferred payments
 on 250 steel freight cars, $l9o.0O0, less car | trust obligations paid during year. $2S4,- 939. The company has acquired real es-
 tate in Montgomery, Ala, costing $141, 900,
 and in Jackson, Tenn, costing $6.9O2: also | $f93 900 first mortgage { per cent bonds, | the total amount issued, and the entire
 $300, ,000 capital stock of Warrior Southern Railway Company at cost of $2Ss, ,00O
 The entire amount of bills payable as
 of June 30, 1908. was issued in payment for these new properties and invest
 ments.
 The Warrior Southern Railway Com pany, all of whose outstanding stock and