The sun., 1916-11-29
M.dST. LIS GROSS F.
EARNINGS ARECORD
Surplus for Fiscal Year ID 10A
Y Per Cent on 1ts Pre-
ferred Stock.
MANY SHOWN
Bright Prospects Of Road
Whose Control Nay Pass to
Trunk Line.

The Minneapolis ana y. Louis Rail-
ROAD. control Of which may b lodged
WA ~ Of the large trunk fine sys-
TENS In The neal future earned last
Aseai rear . surplus Of -tsss.sAs. equiva-
MT 70 1e.& per cent. on ~ es.3s>.77o
Il preferred stock. compared with $50
PER cent. on s~s.sss,oso Of preferred in
1915 and . dencft Of S1ss.3S3 IN 1914.
0ross earnin0A amounting TO 80. 7:1.-
IL. were the largest In the company's
history ana exceeded 1915 earnings BY
es0s.s37. Operating, expenses were 81
e13.0sS and el1s.S04 larger than in 1915.
while net sapnlngs. AFTER deduction Of
taxes. were e~S.33s,g11. or>@4Ss.307 more
than In the preceding year.. Other In
come. ~totallIng $4,000. CAV the roa q
surplus available for charges Of 33.327.-
SIS. against e3.s37.es7 In 1915. and
charges, including interest on funded
debt. rentals and hire Of equipment.
amounted to s2.s7s.1ss. r . little over
$4,000 o than h preceding years
charges.
Newman Brb, prsssdsnt Of the road,
"Tho general 0us1neoo conditions wsre
SNS ~ VsOvsV00 w. e10
With the exception Of . partial failure
q the corn crop the grain crops were
mech better. The company reduced IL
eetaAl aoto ebGgat1eao and bill1 payable
ee9.eo1. a0A at tie cloos q ne hocal
ysaS tAaoe 0~0atgAtions amounted 10 ~.
Sss.es0. against which he company had
$4,000.
"h yursusnss q ns sunsaey duly
conferred ~ vote Of ~ s~hAreholders
your company entered into an agreement
u consolidation with the Iowa Central
and Western Railway Company to be-
come effective with the close Of the hscai
year ~ OF July I. 1915. when POUR com-
pany ceased it, existence "a an operat-
ing company. The money raised as pro-
vded In the consolidation agreement has
been applied to the retirement Of the
$4,000 0 Of two year goM notes Of the
| company. and also for the retirement
OF all outstanding bills payable and the
reduction Of the outstanding accounts
payable to . normal condition, leavins
. balance Of approximately 100000 for
working capital. The new company
enters upon its operation with bright
prospects. BY the discharge Of the gold
notes and bills payable fixed charges
IN the way of interest have been ~
INSSO0 huOsO Nnou vSVVsVvV pcr nuuum.
CHICAGO GREAT wWrERN - Reucrt,
soninO fee 0rtsbef gFsss n,to,e n, INC. S1SS,
-; {: 4! 8! {: :'&"sis L. ss'';'' .:
CHM. NEW ORLEANS Z TEX. PAC.-Ns
Rssts sross saninss. for Oh. Si,eo.ss. nc
.eel: net Stil,iH, inc. s1oi. S1s. -Four mentn
0ss@so. nc. ees.sss; net c-sss,ie. Inc
GEORGIA sourHpRN 4 yLA.-n.,srt
r.. s:s.i,E e OF -. - Inc. Sss.s1e; 81
he. ti1.sa; net ISL. So. Inc. eSS.e4s.
LBHIGH vALLEY-Announcss creation q
Rsitiou Of Supervisor Of Nail TrafRc unde
Wm. r. Hseran. II was necessary to Great
esHert.snt because Of growth Of cities allen
MAINE C1<TRAI-nspegts gross earning
~ October e1,1s.ot. inc, t1S5,0 ls net N09,
"A inc. ee.<oi from July I sroea Ash, 30
tnc. sss.sio; net ei.tu, 81, inc. S,ss, 30.
MOBILE q OHO-Reports Eroas earnings 70
s.Jm: rSsr .'ssas ;ss.: 200 o''. inc. '''s'
NEw YORK. CHICAGO q ". LOUIs-
Asked PuAltc Qualities Commission for eu
thsriU 70 Issue 80. 900 trust equipment c~rtin
Gates which will Be- taken over by Guarant
Trust Co. u New Tort. paying N.sS for them
Certificates will bear ~ per cent. interest.
.WA1AeH-RsQorts earuinse for Octobs
ersss N.ss5.ts, he. N1,eso; net uAte,rA, tns