The Cairo bulletin., 1904-09-02
ANNUAL REPORT
Of BIG FOUR
PRESIDENT NJ. r. INGALLS, SENDS
OUT Hls sTATEMENr-NET
EARNINGS FOR The YEAR
sf.33972f.49-eiG PASSENGER
EARNINGS.

n President n ~ ingalls,, Of the tRia
M Four has inst completed hs fif
X teenlh annual report OF the condition
~ Of The road at the end OF the fiscal
N year, lGne 70, 1904. The report,
" which was received here last ntght,
II is as follows:
" To the stockholders;
H Fer The iisscal year
" ending june 80. 1904 ire
4 gross earnings of The e.,
Y q, q. Il ~ +, nv. co.
/, proper haze been, . sal. oG9.954 Is
Cperatins expenses. 1G,72o,2aG ~
| MT earnings, ...- sf.a39.727 40
81 Interest and rentals. 2,sG7. 22f %
Leaving balance Of 81 A.. soc 20
10 which add sundry
'@flSnces. account inter.
! asf. discount exchange
tof tle year, .. lGG,950 "a
4 Leaving a balance to
credit Of income of A S$l Cos 45G 81 |
Dedhcting from this
four quarterly dividends
| III per cent each, on
4 the preferred stock.
...-.... ..s499.925 90
And two dividends Of 2
per cent each on the
mon stock, sl,119.Gl2 00-l .G1g.537 90
Leaves surplus for
the year o. ..,... $i99l9 81
Which added TO the in
come account OF the
previogs year 7.SG2 81
Makes a balance TO be
carried forward of. ..$t.557.7Sf IS
The mileage Of main track from
which these earnings were derived
was the same rs in the previous year. !
The number Of tons Of freight ear. Z,
ried one mile shows decrease Of =
~ per cent; the revenue from freight Z
a deer ase Of liz per cent. the aver !.
age receipts per ton per mile increas- - :,
ing from GA mills to Gro -
The number of passengers carried
one mile shows an increase of 10
Der cent. and the revenue 1914 per -
cent; the average rate per passenger =
per mile decreased from 1912 cents -
o .9@7 cents.
The decrease in freight earnings
Tor the year was $3.50 1895. ,i''
The passenger earnings show an ~
ncrea4e Of sG0o.Ss717 .. ..
The condition of the property has ="
,een improved, especially In road.
way. l2i miles Of eighty-pound steel
ails have been laid and ffty.six and
ixty-pcand in their place taken up, ms
nd tila differences charged to ex. OH
tsnsea. &
In preparing for the large Dassen- 40
er traffic which was expected and
! now being done to st. Louis on
ccount Of the Worlds fair. the road fer
rom Cleveland to st. Louis. and Gin. thi
innati TO st. Louis, was early i'm the occ
eason greatly improved and this &C. pan
cunts somewhat for the large ex-
endiures upon track There has
cen expended for new work and
harged to expenses, SS42,12019.
The encouraging feature of this OF
spore IL the increase Of the rate per pla
m per mile On freight and the in. he
ease In passenger earnings. There to
ould also have been an increase in sh'
cigh; earnings instead Of the slight vi
crease shown, II the business could to
ave been moved. fac
The history of the operations Of Co
,ur railway for the last year Is very ag,
UGH Ike that Of others. Within
o last FIVE years earnings have in. ,
eascd nearly fifty per cent. and e an
IS been impossible to enlarge the 81,
ciiiieS in corresponding ratio ~,
useqnently the tracks became -
DIVIDED and business eongested o.
lich added largely TO our expenses 81"
operating
AT the date Of writing this report, A
e business Of the company is fair Sha
good; the passenger business. on iron
count of the Worlds fair al ST
uis. is large and this will continue
: the balance OF the calendar year
e freight business is slightly less
an year ago. but still in fairly
ID volume The crops along our
@ are looking we'll
The business and conditions Of the
ipefty continues to improve