The Birmingham age-herald., 1905-10-06
 RAILROAD WORLD.

The Illinois Central railroad will parti- cipate in the building of the new union passenger station. Agreements have been signed by representatives of that road and the board of directors of>the Birmingham Terminal company.
 The announcement was made yesterday by G. B. Mccormack, president of the Birmingham Terminal company, an or ganization composed of representatives of the Southern, the Seaboard, the Central of Georgia, the Frisco and the Alabama Great Southern railroads, which will erect the new station and share the ex- pense of maintenance.
 The Illinois Central will bear It's pro rata share of the expense of construction and maintenance, and will make tho sixth railroad to use the station. The Louisville and Nashville will be the only railroad using the present station after January 1. 1907, at which time 1t is ex- pected that the new station will be com- pleted.
 w. c. Rinearson, general passenger agent of the Queen and Crescent route. and J. c. Conn, district passenger agent with headquarters in Chattanooga, were in the city yesterday. They were on 8 regular visit to Birmingham, it having been several months since MT. Rinears on visited Birmingham.
 MT. Rinearson said that prospects were bright for large business this fall and winter, and that as soon as the yellow tI.1 road business would be excellent. He said that despite the fever travel had been fairly heavy for this period of the year.
 c. E. Gay, Jr, general agent of the Southern railway in Cuba, was in the city yesterday. His headquarters are in Ha- vana.
 A. D. Lightner, general agent of the Frisco system in Birmingham, is in St. Louis, where he went on business.
 Alex Hilton, general passenger agent of the Frisco system, and J. N. Cornat- ger, assistant general passenger agent, with headquarters in Memphis, were in the city yesterday.
 F. M. Griffith. southwestern passenger agent of the Frisco system, with head quarters in Fort Worth, Tex, was in the city yesterday and the day before. He was formerly located in Birmingham and has a number of friends in the city.
 c. R. Browder, general freight agent of the Southern railway, with headquarters in Atlanta, was in the city yesterday.
 Chicago, October 5.-The annual report of the Illinois Central Railroad company for the year ending June 90, 1905, was given out today.
 The average number of miles operated during the year was 437s
 The gross receipts from traffic were s49, ,5Os, ,649; expenses of operations, $35,os4,- 257; taxes, s2.O27 AS (ss5. Ill ,7o6), making the income from traffic sl4.3ss,e43, added to which net receipts from sale of land, s24s7 and income from investments and miscel- laneous, g, 759019, gives excess of income over expenses of operation and taxes $17,- 158.451.
 Deducting from this s3,93S, 47O. interest on funded debt and St. Louis division prior lien bonds, and $S,0s4,639 47,023,1 ,10) rent of subsidiary railroads, including in terest on bonds make the net income $l0.- 135,34i. Adding si,2257 7s6 surplus dividend fund gives the amount available s11,36l.- 1oS. The dividends paid amonnFd to s. e52, 500. There was set aside f0f better ments. $1,6s3Sss.
 The following increases are mentioned in the report:
 Gross receipts from traffic, $2,677, ,514; expenses of operation. $291 ,006; taxes. $S5,- or; income from traffic, $2,S01. .490; excess of income over expenses of operation and taxes, $2,346,4 AS; fixed charges, $,o77,OS3; net income, $l, ,269. .414.
 The company now has 667 miles of dou- ble track and 72 miles of third track.
 S. J. Hatch, general passenger agent of the Frisco system, spent short while in Birmingham Wednesday night.