New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-09
ST. PAUL R. R. REPORT.
Balance Sheet Shoes Large Increase
IN Earnings.

The fcrty-frst annual report Of the Chicago. Mil
waukee and ST. Paul Railway Company shows the
following results of operation for the fiscal year
ended June so, 1906
Operating expenses in .iudng So 2e4o
earnings siI $40 sso 9 96S
Income from other z'o9o
r,,al ''5 s sss 80 80
Balance above ELL OBSERVATION-DISCLOSURES. shs ossZ'
In the year dividends Of 31k per cent each on the
common and preferred stock agsregating S3,i2S-
$40. were paid out of net earnings OF the previous
fiscal year. and dividends agsregating s8''43's'o
from net earnings Of the fiscal year just ehoeo-
The credit balance Of June 80, 1905, is s3llS5.-
002. compared with s26.799.572 ~ joe 30. 1904
The capital stock of the company has been in
creased in the fiscal year by Ss5S,o0o OF preferred
stock issued in exchange for convertible bonds ana
stands at s101,5u 800 which is Slboo9 a mile
of road. The amount of funded debt mile OF
road is s17s77. which the interest charge mile
of road is sS5s. The total capitalization mile of
road Is $50. 232.
The results from operation of the companys lines
during the year ended June 80. 1905 compared with
the previous year. show an increase of s553719 in
gross earnings increase OF s41145l in operating
expenses and an increase Of s1.1363S in net earn
ings. The earnings from freight traf1c were soo'-
ss946 Tall per cent of total earnings; an increase
Of sss71s7. or 253 per cent The number OF tons or
freight
53s tons or e5s per cent. The number OF tons of
all agricultural products carried during the year
5.266S1S tons, increase compared with the
previous year Of 636 tons, 3N cent. Agrf-
cultural products comprised 22.s0 per cent of the
total tonnage carried. compared with 1888 per
cent of the total tonnage of last year. The NUM-
Der of tons of commodities other than agricultural
products carried during the year was b"3'0o,
an increase compared with the previous year OF
s72 9n tons or 11.59 per cent; the percentage OF
the total being 77.4O against 1901 per cent last
year The average rate per ton per mile received
for freight as shown by a table covering the last
thirty years, has decreased from 2O4 per cent III
1876 and per cent in 1871 to 0sa per cent IN 1870
The lowest rate was 04. in 1902 Last years aver
age was SOL The earnings from passenger trafnc
during the year A0,126.s57.74. @3 per cent OF
total earnings: an increase of s4e5S2as4 over the
previous year, 4S2 per cent, The numoer ol
passengers carried 1oSS4725, an increase OF
62.3o6, or 6.2s per cent.
The PAYMENTS of the company for labor directly
EMPLOYED in its service during the year were So
252 gil as compared with $40 Az last year. ano
for material and supplies. sloSS1.0s as compared
h year 81 go tons Of new steel rails costing ss
FOL. Forty-nine steel bridges, aegresauns '''S
Among other improvements and additions are
line of road, about seventy-hve ;nes III ei f1or
Gfs on the Missouri River reduction Of
and track elevation in Chicago; o-,n.ry ne ri
The general balance sheet OF the cohifaA' "o
6 6oads Of STOCK ah ete of sther
panies os-e~s247 go All
of capital accounts Represented 22e es7 $40
Earnings ana other income expended ,ot 1872
Total capital accounts t,c,,, nv
Nf Bonds held in trust for Dubuque $4,000
Fa Rlnisa?H Loan aaaA AND trust company
D9saaus nf piy. Isl wisconsin 1868,
Farmers and Trust COMPANY; trustee $3.50
NG Gnsod h SId' in its and
milwaukee GSs n5e@ and ri'; Northern Railroad
Company per cent an.o GGnsP bas ia
chicago Milwaukee and St Paul osa 900
treasury 3121 s sass s sss
Stock of material and fuel. ..::: 1000
insnrsaf' and nsp improvement fund
United states Trust Company &, AGA ala
1-non trust pnF Company Newrork 21Ia4s sss 100
Due from agents and conductor ss sI5 Sa9
Due from tinted states Government 8 saS aos
hand ''''''' o- 49, ses7s
s27s 1872 14e
LIABILITIES.
Cs,a1 stock preferred SAG ~. So So
CAPITAL stock, common. .......'.'. os1s8so'
Total capital stock s5 "a 81 600
Funded debt ''''''' '---
80 ,rraa, doh, 5000 ss7 500
Urbunue division sinking FUND s'"o'''o
Wisconsin Valley division sinking 70,
fund -.......--'.''' 5000 557 O31
rerewaI am 81. f,rs cers ,..........-. 219 So
vouchers %. 1so'
I1ue transportation companies 3tb
Miscellaneous balances --........-- ',S ~.
Dividends unclaimed
Int coupons presented EE.eLa
Int accrued payable 2Ial,2of
Jroor,a account observation-disclosures. 311s5.ul2
Tota1 ............... .s2Is 1872 149