The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-14
PR.E::.S.SI'EVENS.
WRITING 4 !. J REPORT /: |; [:
Engaged iii This 4. Work ',rtls ; al His
Country Place i'll r ock
bridge county.
RAILWAYS n. Y SHOW { INCREASE
Remarkable Operating Showing.
5 Made by#Atc11iso ct Earn
ingss Are Thirty Millions. VI

S President George W. Stevens, OF the
chesapeake and Ohio. isS at Grcenlee, his
country place near Natural Bridge, Il en-
gagged in preparing his annual report Of
the operations of the road for the year '1r
snllng June .30th last. " 81 !$ q 5S7 st i,5
W Mr. w. s. 4 Bronson, assistant general
passenger agent OF the Chesapeake and !
4 Ohio, was In Richmond yes erday spend
ing the dayGat the Main Street offices.
V! Nj. John SHELTON Williams, the new
i president Of tSthe Augusta and Florida
Railroad left for New Y orlss Sund day " T
Il Is not known, what connecti Ion he has, II
any Nj with the rumored iy resi- gnation q 9 Of
q president Walter Of the Seiboard1 ALT
B q Line. NJ sd s5$ e .sSa Il
COMPTROLLER Plant. b Of 4 the Southern
RAILWAY 4 has issued the following report
Of the estimated earnings Of the road road
@for&Ethe first week in August 4, @ III. Az 5
Southern Railway Company excluding
II 5 Louis Louisville Lines: SS ss53 X 3
ThIs Year. n Last Year. Increase.
4 1905 7se ss42 seq se VS., %
Southern Railway Company, st. 10 LOUIS
4 louisville Lines: KIT II "a lis
This Year. Last = ear. increase ' e. 9.
$40, s74 s7S'sss ~ ss' -
n SSs = eturns for the fiscal year ended June
$50 are now coming in, and S4bt railway
n companies, operating about 70 900 miles
q uf lines, show their gross and net earn
5&&ihgs. Many OF the great companies are
Vet to be heard from, but the returns
III already made are represen tative and
y prove that. for American rail ways Y; Wit
few exceptions the year broug Mt large
9$ Improvement In gross and considerable
though less marked increase In net earn
Il Ii. IS. compared with the prosperous year
4 preceding. Only two road San EASTERN coal
81 Ga rrier and little Wisconsin numbering
e rca fail to show Increase In gross earn
#ings. and while seven report decrease
8silSnet, the decreases are small. Roughly
injured all the roads from which reports
have been gathered III earned 500, 000, 600
more in gross, or. - per cent, and s46,-
d UO0, 900 more in net. r 10 per cent han IN
AS the wear before, with a small proper
tionate increase of mileage. Thus far
Il the Yea i 1905 seems to promise even lar
Y Rer traffic returns than the twelve months
ended June 80, as statement in@the
IS Chronicle for the six months from Janu-
a ary /, covering $4,000 miles shows earn
irgs greater by SIT. 500,Oo0 or58l4 l-4 per
n Cent, 81 than In the first six months OF
Il 1905. Whether or not net earnings-in
view OF rate legislation, voluntary rate
Y reductions increase. Of taxa ton and ma
stural increase:of expenses will also show
q material gain is quite another question. u
II fAtchison, Topeka and Santa re makes
ii one OF the most remarkable operatiy
si1owngs Of the remarkable year ended
June 80. Gross earnings reached $7S 044.-
v otc. an Increase of s9.6Gs,00o or AL per
I cent; operating expenses whlchMthe
floods had swelled in the previous year.
decreased s29so.0CO, or 6 10 per cent, and
left net earnings of $2s.646, 900. a gain Of
ts6ss. 900. or nearly 80 per cent, Tho miles
II age averaged s,4s3. an Increase Of only
4 12S miles, or about 1l-2 per cent. In seven
years. since 1899, the yearly gross earn
AZ II gs have increased s37.531, 900. or over %
81 per cent. and the net earnings s6,640,000,
Z o, over 81 per cent. The system has in
4 creased l.400 miles or 20 per cent and
the character OF the property has been
In proved vastly by liberal expenditures
from earnings in that period