New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-05
MO-. KAN. & TEXAS REPORT
Road Shows Substantial Gain IN Re
sorrcee in Last Fiscal Year.
sources IN La

,rbe renort OF the Missouri hansaS O.
T.xas Railway for the year ended june
% ,o,t tnc,udine tho Texas Central, shows
,,ross Earnings OF 1906, 2s3. an increase OF
80 5n5 9i7: operating expenses OF $I'oVo'"i''
an increase OF 81. 42O. $50, and net earhihsS,
Lose faxes OF S,453,l29. an increase %
81. O92 7l9. comparison being MADE win 'no
vear before. After the deduction OK OUT
side operations total operating income was
e. AS 70, against s6.3lSGO8 in the preceding
VAR other income was A3l,Gs2 maKlhs
total cornorate income HS7S,A7, an ~
oroavo of 81 2l9 es7. After charges, inciud-
ing interest. discount on securities hIe Va
equipment and rentals, net corporate
come amounted to 81 1895, from which
was paid $751; 20 in dividends ieaV'hs d
surpIus for the year OF Sl,262 6S6, gam OF
SSli '595 The ratio of expenses 20 earnings
was 1000 per cent, against 1224 per cent
in 1910. .co,,-
pany increased 81 5000 net III tle go 800 ~
Railroad bonds. added to balance sheel' NY
the issuance Of $l2,850,0O two-yedr PEI
cent notes and S36S.c0D one-year note 10
$4,000 notes reJr tad ,s6er,I nortgage
bonds pledged under consolidated HoIlsSbe
and Sii6O0O ( per cent hrst ana Iet tlI ~
bonds pledged Excluding the edInins7 "a
the Texas Central Railroad, acquired III
1910. the total gross earnings OF the AlS
souri,. Kansas * Texas In the year "eLle
S2SC85.9f, an increase or N,o-''V'o, vi -
per cent. The gain in rreisht edIIIil5o ~
$3.50. 7g7 was due entirely 10 a larger H,VtS-
ynent of cotton and CottOnseed producNs'
fruits and vegetables ~. ,,,r.~,i
Including operations OF the Texas CeIil'Iai
Railroad for the fiscal year UNDER 1870, 49,
the freight earnings Of the system Nels
ais tSi ss3 "a an increase Of ELv9l,WJo =, ol
28 per cent Tons Of revenue IIeleHt -
ried incres sed $685. or 'V9 peI 40
The average rate ton per niue wa" .tyad
as against SOi05 In 1910 trelSnL anu li'N',
train mileage decreased 3b4,ooo mics, ~
4S6 per cent. Revenue tons tram Hue
were 225 having increased S'9 tons Oh 80
were 1924. against 14o3 I'm tho precenians
wear Earnings from passenger a'll,
were ss513,259, an increase OF S|+t,y!,s,. ".
1916 per cent. Expenditures LOT lii5,olo "a
ence OF wav and structures were t5'F''oio
n decrease Of Sl95 $50. and on msl'es go
~ oouirr,ont g. so 800. an increase OF S-''',
5a- TRAIL, expenses increased SS,tN. duu
TRANSFORMATION expenses increaseG sl'i2',,
eS7 due TO higher wages paid. Wsnet L, -
Of fIeI excess cost OF water supply &C
casioued by the protracted drouth ana ne
inclusion Of the Texas 'enuaI = 90 ~
General expenses increa7Sd SLL-' -, has
The general policy Of improvement ne
been continued throughout the year, anu
the property IS IN good physlcal c0IqL1l ~
Satisfactory progress has been maze IN ~, ~
work Of renewing wooden tresues ana cul
. A., concrofa STRENGTHENING bridges.
s s1I9f shops and other buildings. CON
strTrfing new terminals and extending eN-
istin. ones. renewing rail and pa pa cor
s.ructfnR additional tracks, ana llcte6S
Jn1 the general facilities 10 meet the De
mands Of the increasing business ana tnc
growth OF the territory Contiguous 20 IN
lines. The expenditures for new couSl ~.
~ eorinn1ent and Improvements on me
system lines aggregated NA57,n7.