New-York tribune., 1909-09-04
ST. PAUL'S ANNUAL REPORT.
Road Shows Increased Earnings in Last
Fiscal Year

The report OF the Chicago Milwaukee & St Paul
Railway Company for the year ended June So 1909
shows total operating of $50 S97 1853 an in
crease over the preceding year of So 9S S42 operat
ing expenses of $751; 2SS. increase of S567 $50
and net operating revenue of s2 .224 increase
of S396.972 After taxes and fixed charges there
was balance of S2SS1. .S31 Dividends amounted
10 @,3l56l4. leaving surplus of S.56 217. Capital
expenditures in the year amounted TO sSO75,O94
and the amount credited 10 renewal and improve
ment account at the close of the year sl2-
52S224. with unexpended balance on June 80 Of
s5,S07,199. In the year the company's capital was
increased by S6 SEQ OF preferred stock and S32
10000 of common, the total amount at the end
Of the year standing at S232.623 100 OF which $50
1880 issued for the acquisition of the Sc
curties of the Chicago. Milwaukee & Puget Sound
Railway Company. There a net increase in
the funded debt of s17,9l40o0.
Since the date Of the last report the corporate
title of the Chicago, Milwaukee & St. Paul Rail-
way Company of Washington has been changed
to the Chicago. Milwaukee & Puget Sound Railway
Company and the last named company has ac-
quircd the railroad property and franchises Of the
Chicago. Milwaukee & st. Paul Railway companies
of South Dakota. Idaho and Montana-which COM
panies constructing line of railway from
the Missouri River to the Washington state line
and the Montana Railroad Company Track lay
ing tse line from the Missouri River to Taco
ma and Seattle completed May IA. l9O9 and
the line opened for the transportation Of
freight July l. I'm the present month the fucili-
ties for local pass niger service VIII he extended
to cover the entire line. About $50 miles of branch
lines are being constructed by the Chicago, Mil
waukee & Puget Sound Railway Company, Of
which 100 miles in the State of South Dakota
l20 miles in the State of North Dakota 20 miles in
the State Of Idaho and l7O miles In the State of
Washington.
Tie revenue from freight traffic Si2.3ii $50 62-
1859 per cent of total revenue-an increase of
a9l4 40 9S or 44 per cent. The number of tons
OF freight carried was 27.499 7O4-an increase of
I 309 SOL tons, per cent The revenue from pas
senger traffic the year $271i.Sl 93-2L33 per
cent of the total revenuC-an Increase of $Sl 57 y
compared with the preceding year, or 150 per
The number OF passengers carried was 526l.55l-an
increase of lO27, i24 722 per cent. The number
of passengers carried mile 674.V72 lS6-an
increase of 5i6aS93s, SSl per cent; the revenue
a passenger a mile 1895 cents-a decrease OF
023 cent or I2O per cent, the average miles
each passenger was carried 44i7-an in
crease # 80 mile ll9 per cent. The expenses of
maintenance OF wny and structures 81 2SS.-
so2 6s: maintenance of equipment S270.7 To- traffic
expenses S3i OsS 10; transportation expenses, S3l
76i 47O So general expenses. A.OlSSS4 IL There
was an Increase in maintenance of way and struCt-
ures OF s37014 50; maintenance of equipment OF
Ssl Si5 59 trafic expenses OF S2s23 49, transporta
ton expenses OF Sil7sA So and general expenses OF
So. go o..