The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-01-08
and recommendation as therein set
THEODORE ROOSEVELT"
THE REPORT.
Railroad and Steamer Line Both Pay
ing Institutions

Washington, Jan. S.-The annual report
of the Panama Railroad company for the
ten months ended October 81 last, submit
payment of all fixed charges and cost of
operation for the period covered, there
remains 1854. 24S or somewhat in excess
Of : per cent on the capital stock The
total earnings of the road for the trans
portation of all kinds of traffic show an
increase of 1902, 204, or 1871 per cent over
the corresponding ten months of the pre-
Vious year. Passenger earnings increased
S43,691 and mail earnings decreased 81 "a.
The total revenue freight traffic Tor the
period of the report, including both mer-
chandise and coal, was 4O6,S4O tons, an
increase of 26.73 per cent. and yielded
revenue of 81, 800, 145, an increase of 1873
The total earnings of the steamship
lines of the company for the ten months
We're 1.165. 05s an increase of 2517 per
cent over the corresponding period of the
previous year Freight traffic increased
SO. % per cent, the earnings therefrom in
creasing 1928 per cent The increase in
total earnings for the railroad and the
steamship line was S5365l2.
The report states that only by the most
strenuous efforts was the movement of
cargo restored to normal. 1t is feared
with the advent of the season of heavy
movement of coffee which promises to
exceed that of any previous year, there
may be some delays until the new equip
ment is received as the business of the
road is so far in advance of its facilities
as to be beyond the power OF any human
being to handle It with any regard to
economy
The larger tonnage carried by our
steamship line out of New York, says
the report 'is attributable to a gradual
development in commercial traffic by our
line and to an important growth in the
bulk and quantity of ma terial transport
ed for the Isthmian canal commission, for
which latter an adjustment Of rates on A
more TemuneratiVe basis is under consid-
Grafton The ACCESSIBILITY OF chartering
one or two large cargo boats to carry
heavy, bulky construction material and
equipment to the isthmus for the commits
sion and the railroad company, is under
consideration.
The quantity of cargo originating at
EuroDean ports and brought to the ter
minals of the railroad by the foreign
steamship lines. has progressively in
creased and it is stated that there are
strong indications that the Chilean and
or slihsidize additional lines between their
principal ports and Panama so that by
cooperation with the Panama Railroad
company more rapid and convenient com
municatiOn may be maintained with the
United States. The report saws the com
pany's dock at New York has become
entirely Inadequate to the business of
its steamship line and that the addition
of two large steamships to the line and
the possibility that one or two large car
20 boats may be added. calls attention
sharply to the need for an enlarged ter
minal at that end, which change will
expense because of the scarcity Of suita-
Bile docks on the North or East rivers
The cofnpanv's relations with the republic
of Panama through its executive and ad-
ministrative officials, it is stated, are
most reid in character.