The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1907-01-10
Kenosha Electric Road Makes
Annual Report Showing Cross
Earnings Of $50, 9I9.O8
CARRY A MILLION PASSENGERS
Earnings of the Company Show an In
crease of Nearly Ten Thousand
Dollars Over Former Year
Taxes this Year 81 ,347.9O

The managers of the kenoSha Elec-
trio Railway company filed with the
city treasurer this morning the an
nual report Of the gross earnings of
the company for the fiscal year clos
ing Nov. 30. The report shows that
the gross earnings of the company
for the twelve months we're $53, 91o. O8.
This includes the amount paid for
the fares of passengers and for the
advertising rights, but it is stated
that the advertising receipts are de-
cidedly small so that the great amount
of money received was n the way of
FIVE cent fares. The receipts show
that in the past twelve months the
company carried 1,078, 381 or an aver
age Of more than 1900 passengers a
day.
The annual tax paid to the city on
this business computed at the rate of
III per cent is 81, 347.97. A check
for the amount of the tax accom-
panied the report, but this is being
held pending an examination of the
report by the city attorney Mr.. Frost
has notified the city that the books of
the company are open to the city Off
Gals should they desire to verify the
accuracy of the statement.
The report shows that the company
has had vast increase in business in
the city during the twelve months.
When the annual report was made a
year ago, it was shown that the COM
pany had carried 893,399 passengers
during the year, and the gross re-
ceipts of the company for that year
was $44, 999.45. 1t will be seen that
the increase in the receipts was near
ly ten thousand dollars in the year.
Much Of this increase is credited to
the opening of the Chicago & Mil
waukee Railway to Kenosha, as the
opening of the through line has
brought hundreds Of fares daily to the
local company.
While the year hassbeeu decided
ly prosperous one for the company
much money has been spent IN i'm
provements and at the present time
the order for new cars will be almost
sufficient to eat up the entire profits
of the company for the year. The
showing made, however brings the
Kenosha Electric Railway company
to the top of local railways in Wis
consin and the percentage of profit in
this city will probably De as large as
shown in any city of the size in the
state.
The company has filed similar re-
port with the Secretary of State at
Madison. The report for this year
compared with the report issued by
the company for former years shows
the great increase in the street rail-
way business in Kenosha. At the end
of the first ten months of operation of
the Kenosha line B. j. Arnold 3made a
report showing that the receipts of
the company for that time were
$19,414. At the end of the second
year the report showed receipts of
$34,385 the third year brought the
amount up to S44, 999.45, and this year
the total is $53,919.08. It should be
remembered that all of these advan-
ces in gross earnings have been made
without any extensions of the local
lines. With the extensions now being
asked from the City Council it is
thought that the gross receipts of the
company would be greatly increased
if not doubled.
The opening of the line to Racine
has had material effect on the in
crease in the business of the. local
company, and it is thought that the
opening to Milwaukee during the
coming year will bring another large
increase to the receipts of the com.
pany.