The sun., 1916-10-31
ISLAND EARNS
Z S2,957,2S1 SURPLUS
larger Volume Of Business
Done Indcr Jacob NJ. Dick
inson, Receiver.
MANY NEW ECONOMIES
Over IS Per Cent. Of Gain i'm
Gross Earnings From
Freight Traffic.
MANY NEW ECONOMIES

" Nv NV N'oN Wv sfbll' v
1915. compared with a deHcit Of s73i.67.
IN the preceding year. Surplu. is equiv
alcnt IN 80 rcr cent. on s1i.3so.623 cap
i,al e,ock.
The roads creates, prospcrity was
. evidenced by n larger volume of buSi-
ness. better balanced traaic and a rcla-
lively greater area from which traffic
was drawn. Economics In operation
were largely the result OF improved mo-
tive power. better conditioned freight
cars, an increase of 1000 cars In box
car equipment and new blood in the
operating personnel.
Gross earnings for the year amounted
IN E5,S4S,ssI. exceeding 1915 gross 10y
H.3e?,o17 and the largest earnings IN
the company's history. over &c per cent.
or the gain in gross WAS contributed by
freight revenues. Total frcigh, earn
" ings we're s5o.a.l.o3.. y gain Of ss.3ii.-
NJ 1854 over 1918. Passenger revenues
were f'S.ssi.o6". n gain IT Sl3i.>S2.
Operating expenses. a~rgrcgat'ng s5i.-
~SfS.lS3. were s."2i.5lS greater. Main
tenance of the properties, including
equipment. required 81 .SSg.Sg more than
In 1915. hut this was offset 10y savings
or t1.o4S.2s" In traffic and nspo-
ton charges. on the latter the consid-
cradle sum OF SaIi.ssi was saved The
Eock Island viii probably bc ono of
wv ibflN WHICH nlFtsnfHflN reduced
transportation costs last fiscal year.
General expenses were sce3.c7l larger.
Total income available for charges.
rentals. &c. was slS,sl1.06s. which com.
rares with sti.io7,Si1 in 1915. a gain Of
\ s3.2o3,:57. or nearly q per cent. Fixed
y charges were less by sisS.7ui and left
net income 81 s2.sa7.2sl. a gain ~
S3.ssl.?5s on the basis Of the 1915 de-
hcit OF t134.676.
On lie total nrnp.r.y ,pSost,,,t. ~
S345.S'3.?72 aS ~ Junc 20 last. Rock
Island shove income applicable to n
D terest on funded debt. dividends. addi-
n tionr and bett.rmeuts Of SliG33.2GS i. or
Va percentage If return or Investment NJ
4s2. This compares with 3.@s per cent
In 1915. 3.56 w 1914 and US IN isI3
The highest rate Of return for any one
year since 1905 was CO per cent IN
1907. TIL" average rate Of return for
ten years an au average yearly property
Investment " 500: sus.>0i was sii.lsl.-
cS0, or ass per cent.
Rock Islands total investment in
bonds ?ni stocks 81 other companies. to-
reti"r VIII advances. a. the conclusion
~ last fiscal lcat. amounted To- SSH
1880. face value. aud showed an APP
a probation OF s7.I3s,s?5 over the proceed
y ing year. The book value Of these vari.
' Gus Investments was $i0.S5s. sea. an APP
preciation Of $50: $50 over 1913.
Receiver DICKINSON in his report re-
fers to the special report Of J. W.
ksndrick; Who wa; appointed a, the
nehturc bond hoiiers protective com
mittees IN May, la1'. 20 .Nam.ne the
company properties and who was sub
sequent'N made tn" receivers special
representative. ln'his report Of Nuvem-
hcr |. 1915. Mr. kaudrick that
! nm annual saving Of 80. 4G3.>22 could
- .,.l 80. Il ~. N.- -
Non,.nrIs led -,urr 80 a." ,I-,E
50 - ~, 49,. ~ 80
oN'r II Perl"I OF IhNe" years Many
ot the recommendations making for
reports.
-
\ ANN tEBoE Reports TO- Thru week OF
ttrom july So ~ inc Ur.-.s.
= ATIANT, giRNIN.u,v ATLANTIC
--R.por,. ,or ma vsaE ~ o., nt,- gros.
sar,Irzs : go inc ST. %. from I'M,
81 aii inc sIaq a.
cAN.uI,S p,crr,c p,ua,
Der gross earnings 81 iai 10. inc 3, So M.
NJ, after taxes N,l.'-ss. inc sa,t ~ For
three months ended sent 70 sro.s e,ruiiss
sT.di2.0.1. IN" So 60. net after taxes So
,iif:s, INC. s'e".slo.
CFSTRh Y r OF NV Irprry u,
morris IN, s.ri,,,.,o, 80 "nr
81. inc s,a.ia n,. So. Inn. = ~
For ihr,s ro,, n. nn Ss"',,'r NV -, S7S.n.
earning s. O>..Sn. me So a.. moi 81 nj,
20. inc $50 49,. surplus af,rr ,h,,.es q
StH.l73, inc. Sf2> 90
cHIC,co ar wrSrrpx D.
third week of orioher. ero-s earuiu.s sgai
~. in", s5a.iH' from July SIJs;. III. m,
"''.iN@'
COIORADn MIprASn p.,o.,s
iember gro.. e.ruiurs a.. "' I, ,.-F ~.
Operating in,op,, a. 10, az ,, u" 80
months ended sept - gross earnings sis,. l.o.
~" sos; operating income 81 an. inc $40
-
ILLINOIS Re,o~,s to- So,,,r
hor .ross carmnr. 8. a. 90 ~, e., ,,. o.
after taxcs ,iSla AZ IN. s,,- 700 w.
month"; cnIpd SEM ~ ,rns. I,rn,,-. 49,
IN. Nl@s.t3s
LOUISVILLE A. pouor,. ,o.
y third upak M, o.,,bn, - n.l"' lpr
ts7t. IN, sIi. 10. from JnlY , g., oe, noe -.
> s.: $50 ais ~ ""'
utrsr.,o,, .r ,,
e. Ret,nr,s ,or sc,trr,h MNhnE
81 20 do. sisI al, mo-, af,o, 80. 20, 81.
inr s6u Oh. Tor ,t,oc ,,on,p. - s'.s.."''
b. rross o.-,tr,s a. ~, ~ '""r. Srh'cn'
slter tayc. 81 AZ 40, inc ga, 80 ''''' "'
4 MOBILE 4 ONO In ss.,I v.,, ,,n
- iqls earned .,rrlt,s ~ ,..s a. 49,. "un.
To- ,lIiG ~ ro,nr ~ t''aln. elui'h"nl
~, IN lal; Grn.s .,r,in-s ,rsn. /, W."
Vase Of SIS 80 over Is,. 49, ai'",u"n, W,
sting income g.. %. 700 or ssst az, more ;b.n
.u '9lb. and gross income So ~ 4gl. , ralu nj
b+is3.
e' ". IN" half7; net after take sl,t.i3
o., '"."lI; Tor three months ended sept 20
ti'-r ehfl'lits y. 20 W.. no }lN3,60i, net after
"N" tN w Tee G"'1.~
NORTHERN PACIFIC Reports for Sonlom