The Cairo bulletin., 1906-05-21
BIG FOUR RAILROAD MAKES I'M.
PORTANT CHANGES DURING
PAST YEAR.
Cairo Division Rapidly Being Put m
Condition For Heavy Traffic
To Compete For Export
Business,

The Big FoGr railroad corresponds
more or less closely for the New York
Central to both the Vandalia and the
Pan Handle for the Pennsylvania.
Like the Vandala, it furnishes con
nection TO ST. Louis. but its line, in.
stead of ending al Indianapc lis, eX'
tends as far east as Cleveland, 1t
also like The Pan Handle, gives con.
nection with Columbus. Dayton,
Springfield, Cincinnati. and by track,
age rights. Louisville Ky The past
year has seen the closer uniting Of
the road TO the rest of the Wander
bilt system. In January Mr.. NJ f.,
ingalls, long president, became chair
man Of he board. and the authority
of the president and vice presidents
of the New York Central lines was
extended over the road. Since then
number of other general officers of
The New York Central have been put
in authority over the Cleveland, Gin
cinnati. Chicago e. ST, Louis
The principal financial event of the
year was the issuing of $7,597.4G3 adj
ditional common stock, bringing the
total common stock outstanding TO
within less than $5,000,000 of the
$40. GOO. 900 authorized The new
stock was Offered to stockholders 1t
par to the extent Of 20 per cent Of
their holding but was not eagerly
taken mp, As a result additional
Big Four stock to practically the
amount Of The new issue found its
way into the possession Of the Lake
Shore. which now holds slS,752,700
Ct the S35.595.lG3 outstanding com
mon. From a physical standpoint the
year has been marked by com
pletion of the ST Louis line, "A miles
long from Hillsboro southeast to
Lenox, H.. a new double track line
saving II miles of distance over the
aid route. This is being used joint
" by the Big Four and the Chicago
& Eastern Illinois as entrance into
st. Louis. A further betterment dur
ing the year has been large and !
general improvement Of the Cairo |
division. the southernmost line Of the |
read. 80 az to put il in condition for
heavy traffic.
Expenditures on this division during
the year reached nearly s1.900000. In
with the new Vanderbilt |
line south from Ind ana Harbor. Ind,
o. the Lake Shore near Chicago to |
Danvile. Ill.,. the Cairo division fur /
nishes a through line from Chicago /
10 the junction of the Mississippi and |
Ohio rivers at Cairo. A new fast |
fire. ght line, which it is expected will |
carry a large traffic, has been formed |
10 handle through shipments over /
his route between Chicago and New /.
Orleans. using The Mobile and Ohio 4
inc south &C Cairo. This is to serve (
rs a Gulf connection for all the New
York Central lines, competing tog
Cuban and South American, as well
Is Gulf export trait c. The Dan.
indiana Harbor line is also soon 20
serve the Big Four in another impcrt-
mt way by bringing it into Chicago
,ver Vanderbilt rails instead of as
Il present using SO miles of the Hi
lois Central track between Kankakee
nd Chicago.
The Income account for the past
ear shows a small gain In gross
s37G.653. Earnings from
re. ght traffic increased 81. PIG. COO. but
passenger earnings fell of nearly as
much, due TO loss of the large St.
.ouis traffic which naturally come 70
he Vanderbilt connection to ST. Louis
uring he Worlds Fair year Elimin
ting this exposition passenger bust
ess from the 1904 earnings, passen
GER returns for 1905 would have shown
instead of a decrease of s1,073.502. an
Increase # over $300,0 600