The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-08-29
RAILROAD NEWS.
Gross Earnings Of Mckinley
Traction System 100000.
Magnitude of This Syndicate
Holdings Shown.
OWN TOPEKA RAILWAY
Number of Projects Contempla.
ted for the West.
Other Items Of General Inter
~ est in Traffic World. IT

Peoria. ILL.,, Aug. 27.-The magni-
tude of the companies now controileo
by the Mckinley syndicates. known
as the Illinois Traction company and
the Western Railways and Light com
pany, is indicated by their gross cap
italization of nearly $50. 100000. They
operate about 500 miles of interurban
and urban electric railways besides
light and power plants in cities and
towns of Missouri. Illinois, Iowa ana
Kansas.
THE gross earnings of the Illinois
Traction company will exceed $4,000
900 this year for the first time. WIN
a net gain of 10 per cent over 1913,
the earnings should approximate
s5.225.0O0. The gross earnings LOT
dar year aggregate $2,365,744, gam
of $264.256 over the corresponding Pc
The Illinois Traction company, with
a capital stock of 12,157, 100 out
standing, operates about $50 miles OF
electric railway, most or the milease
| being interurban, and it is completing
at ST. Louis the largest and heavlest
bridge spanning the Mississippi river,
besides complete passenger ana Irelsht
terminals, with stations and depots;
| The subsidiary companies OF the I'LL
nois Traction company have a GROSS
Capitalization of $47,707,500, OF which
s18.723. 900 is. stocks and $2S,sS4,5OO
| is bonds. Inasmuch as vast ana COST
lv improvements are in progress, the
| financing is, to some extent, or tenn
porary nature, and the permanen'
system may be modified- me itenis
are in some measure, necessarily IN
complete.
The Western Railways and Lghl
| company, with an outstanding CAPITA
stock of $7,166,8S0, operates zuo miles
of interurban and urban railways De-
sides light and power plants.
| The subsidiary companies OF the
Western Railways and Light company
have a gross capitalization or S1u,'
e3s. 600. Of which $5,859.000 is stocks
and s5,077,O00 is bonds.
= List of the Companies.
The companies controlled by the
Illinois Traction company are: BIooH'
ington & Normal Railway and Lngnt
City Railway. Venice Danvliie olrIe
Railway and Light; Decatur Railway
and Light; Jacksonville Railway ane
light: Peoria Railway; Urbana
Champaign Railway, Gas and Electric
Chicago, Bloomington & Decatur
Danyille, Urbana & Champaign; IN
nois Central Traction; ili1nols West :
ern Railway; Peoria Bloonins'o ~,
Champaign; Peoria, Lincoln am
snringfieId; St. Louis, Decatur 1
Champaign; st. Louis, Springfield
Peoria; Springfield & Northwestern
Traction; Danville & Eastern Hllno Il,
Madison County Light and Power; .
Louis Electric Bridge; St. Louis Elec
3 tric Terminal; Springfield Belt; VI
bana Light. Heat and Power ana TN
Des Moines Electric OF Des MONIES
Iowa. c,
The investment for building into
Louis already aggregates sl2,25l,Uo'
and it may exceed $14,OoO'0oo- IN
e includes the cost of the line sfroi
e Snringfield to Venice, known as tn
: st. Louis, Springfield & Peoria; whic
r has a gross capitalization Of s7.o42
u 600. The gross capitalization OF tn
: the St. Louis Electric Terminal CON
e pany; the Madison County Light an
q power company and the City Railw wa
of Venice amounts to s6,2S1,OOo- II
I nronosed twelve-story passenger sta
tion will cost about $750.000, and tn
will bring the total of the st. Lou