The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1905-12-21
Cross Earnings Of the Kenosha
Electric Railway Co. $4,000
More Than Preceding Year
s9a, 3s9 PASSENGERS IN YEAR
Company has More Than Doubled the
Receipts for the First Years. Busi-
ness and Business is Still Increas-
ing at Rapid Rate

The Kenoshs. Electric railway COM
pany through its officials has filed
with the City Treasurer Martin
Steinmetz the annual report of the
gross earnings of the company for
the year ending with December 1st
and the report shows that the COM
pany's increase for the year is more
than $4,000 over the receipts of the
preceding year.
According to the report of the Off
Gals the receipts of the company dur
ing the year just closed were $44,-
9o9. AS of which amount $44, 619.95 was
received from passengers fares,
while the sum of 1879. so was received
from advertising contracts. An
analysis of he report shows that the
company rried during the year just
closed total of 1913, 500 passengers.
The report is filed by Bion j. Arm
old as president Of the company and it
is understood that the report was COM
pleted before the final transfer of the
property of the road was made to A.
G. Frost The taxes will also be paid
by Mr.. rno1d and his associates.
Under the state law the company
will pay to the city as taxes two per
cent of it's gross earnings and this
will be the sum of $4,000. The in
crease in tax over the amount paid
last year is $212.29. It is estimated
that the running expenses of the COM
pany for the twelve men does not ex-
coed $4,000 and this will leave net
earning for the company of nearly
SIS, 1000 or the interest on $500,000 at
per cent. AS the property was
thought be valued high at $3.50, 900
it will be { adily seen that the COM
pany is paying from ten to twelve
percent on investment.
The proportion of increase shown
by the report of the Kenosha cor pany
is probably greater than that own
by any other local railway IN tie
state Wisconsin.
The company has had steady in
crease in business sincesthe line was
opened. This is the third annual re-
port made by the company and since
the first report was filed in Dec. 1908,
the receipts of the company have
more than doubled. The report for
the first ten months Of business of
the company showed gross receipts Of
$40, Ala and the company paid tax
to the city of $388.28. When the
second report was filed the business
of the company had advanced to such
an extent that the gross earnings
were placed at $34, 1886 and the tax to
the city was $687.70. These amounts
when compared with the $45, 900
earned this year show the steady in
crease in business of the company.
With the coming of the new line
from the South, President Frost and
his associates may be expected to
greatly increase their earnings of
former years and it is thought that
when the next report is filed the
gross earnings of the company will
be in the neighborhood of 100000.
The report shows that President
Frost had closely investigated the
business of the company before his
purchase and the people who believed
that he paid an exceeding large
price for the Kenosha line will now
see that he will make handsome
annual dividend on his investment.
The report when compared with the
earnings of the other companies in
this section of the state shows that
Kenosha is the banner street railway
town of Southern Wisconsin.