, 1907-10-14
OF
THE cas-
SPLENDID SHOWING MADE BY
PRESIDENT TRUMeULl TO
THE STOCKHOLDERS OF
THE COMPANY.
Mileage, Large Passenger Bust.
ness and Tremendous Freight
Tonnage BY Line That Extends
From Wyoming to the Gulf-Thre.
States Interested and Community
Of Interests General in West.

Of Interests General in West.
The Tribune publishes herewith a
portion of the annual report OF Presi-
dent Trumbull OF the Colorado aud
Southern railroad, says the Cheyenne
Tribune. Considerable space is given
to the Colorado and Southern for the
reason that 1t is tacitly understood thai
as soon as its Galveston n other gulf
| connections are i'll operation that It
will devote its energies and
to pushing It's Wyoming line north
! ward.
1t is reassuring to the people OF
Wyoming to learn that the Colorado
and Southern is maintaining its indie
~pendence and entity as a railroad and
is building up an important system of
It's own.
This means hat in time it will be
a great north and south railroad from
Canada to the gulf and with its main
line crossing Wyoming.
Presidents Address.
New York, Oct. list, 1907.
To the Stockholders:
The board of directors herewith sub
nit their report for the fiscal year
ended June Both, 1907.
The term Colorado and Southern
Lines" indicates the lines owned an1
Operated by the Colorado and South
ern Railway company, together with
the lines whose capital stock is ownea
wholly, or nearly so, by the company,
and is used in distinction from lines
in which the Colorado and Southern
Railway company is interested, as fol-
lows:
The Colorado Midland Railway COM
pany, 336.OS miles, and the Trinity
and Brazos Valley Railway company,
I272.O7 miles. Other lines in which
the Colorado and Southern is interest
ed and with which it is affiliated bring
the total mileage of the system up To
1,S57.67 miles.
Trinity and Brazos Valley Railway.
This line, mention of which was
made in the last annual report, and
which is to connect Colorado ana
Southern lines with tidewater at Gal
weston, Texas, commenced operation
of trains from Fort Worth through to
Houston on February 10th, 1907, ana
from Dallas through to Houston Oh
July list, 1907. The arrangement
made with Rock Island-Frisco lines
was also mentioned in the last annual
,ono,t owl T., nvnnnfatinp nf n large
traffic over this shortest line between
Fort Worth and Galveston, n be-
tween Dallas and Galveston construc'
ton work is still being carried on with
a view to amply preparing the line for
efficient handling of its business.
Interested With Santa Fe.
At Fort Worth the terminals of the
Fort Worth and Denver Terminal Rail
way company are used; at Dallas EN-
porary arrangements have been made
for the use of the terminals of the
Gulf. Colorado and Santa Fe Railway
company, supplementing the terminal
facilities of the Houston Belt and Ter
minal Railway company, now in course
of construction, in the organization,
and control of which last mentioned
company the Trinity and Brazos Val
ley Railway company is jointly inter
ested with the Santa Fe lines, the Fris.
co lines and the St. Louis, Brownville
and Mexico Railway company.
Terminals at Galveston.
At Galveston superior terminals are
being constructed by the Galveston
Terminal Railway company, which has
been organized and is controlled by
the Trinity and Brazos Valley Railroad
company. This construction is suffic
jiently advanced SO that running OF
trains into Galveston lover SO miles OF
Gulf, Colorado and Santa Fe railway ,un'
der trackage contract) may be inaus.
ance of this report, and it is expected
that the authorized terminal construc.
ton at Galveston will be completed
this fall. These new terminals at Gal
weston, together with this new line
across Texas, will be a great aid to the
Texas, and should very much facilitate
the export of products. The operated
mileage of the Trinity and Brazos Val
ley Railway company from about the
date of this report will be 422 miles
instead of 272 miles, as on June SOth,
1907.
Results for the Year.
Gross earnings were $13,456,4S9.1l
increase 1903, O43.45 or 15.47 per
cent? Operating expenses were 49,
246,91S.6S. increase s1,S44,706.73 or
17.o2 per cent? Net earnings were,
81, 2O9, 570.51. increase sass ,336.72, or
1922 per cent? Taxes were $335,195.73.
met earnings, taxes deducted, were 49,
~S74,S74.7s. Miscellaneous income was
Sill, 0S2.12. Income for the year was
So, 1856, 1855 80. increase, $3.50. O43. 80, OF
1882 per cent?
Public Service.
Railway companies have for years
in their reports, led all corporations
in the matter of publicity, n In the
annual report, like this, some allusion
to your company's attitude toward cur.
rent economic discussions may proper
ly be included. Much has been said.
of late, concerning the shortcomings OF
Icorporations. 1t is doubtless true that
they have not been infallible; but have
they in that respect been in, complete