The sun., 1916-11-28
VALUATION Is CUT 7
ON K. G. SOUTHERN
Commerce Commission Sets
S36.495, 767 - Stock and
Bonds Total 800, 900.
OFFICIALS ARE SILENT
System Could BE Reproduced
New for Sl6.27l,3G3, Says
the Report.

The cost Of reproducing. new. the
Kansas city Southern Railway system
IA. been fixed at s~i6.274.363 by the
bureau of valuation of the Interstate
Commerce Commission. while the valne
a, the system, less depreciation. Is
,,aced at sac. ts5,7s7. The capital iiabili-
ties are s99.011. 900. composed OF $751;.
ooo.o Of stock and the remainder
funded debt.
The Kansas City Southern Is the first
trunk line property whose valuation has
been undertaken by the commission. Its
sys,em extends southwark from Kansas
city, Mo. to Port Arthur on the Gulf
and the average mileage operated is
abou, s37.
In the roads balance sheet the cost
OF properties "a OF June 30. 1915, was
stated as s7e.?0S.7s To this was added.
on account of improvements and reha-
billtStion. s23,503.63S. making a total
OF siO5.il2.428. From this latter was
deducted si.465,393. on account OF
various credits 10 equipment from re-
rewal and reserve funds and equipment
sold or dismantled, leaving slO1,9i7,O27.
Notice has been served on the rail-
road officials as we'll as on the Public
Service Commissions OF the several
States through which the line and its
subsidiaries operate that appeals from
the findings OF the commission must be
taken within thirty days Of December 1.
officials OF the railroad had no COM
mert to make on the figures given out
BY the commission.
ALABAMA GREAT soUTHERN-Rcport.
gross earnings for third week Nov. sI,t Ts7
tNr III i& From Ji1V 4 60 $50 olg In, aasi 100
ATCHISON. TOPEKA 4 SANTA FIRE.
ports gross revenues for October OF si3. SOL.
~, increase OF E.?l7.09s and operating In.
conc &5ls 90. increase OF s,7si acs. For the
four mouths ended October ~ gross earnings
were 81, 3t,5itincrcasc s7.797 .s2s. and opcrat.
ing income sl9, jQs.sso, a gain of s. ,l63. 1871.
BUFFALO. ROCHESTER & PITTsBCRG-
Reports gross earnings for October si.i57.oi1,
Inc. 'lN,77s: net sei7,72i. dec. S.. 3s7; surplus
tbS.i5l. dec. 1851. -Four months gross ~,
eS.os,. Inc. ssss. Us net 81. eos. 05i. inc. SIZE. SO
surplus Es6,a5i, inc. si9i. 1857.
CANADIAN NoRTHERN-Reports earnings
for third week Nov. SS53,oOo, irc. So ioo. From
July | TO Nov. 81 SIC, $50, 80. inc. S.2os, 800.
CENTRAL OF ACKNOWLEDGEMENTS gros,
earnings for October si.ti1.7sl. inc. Sos. sos
net x?i.i54. inc. $751; .sia. -Four months grosi
N.SI.sij. inc. tIes,os5: net N.i3s.3sa. inc
srAgo.
CINCINNATI. NEW ORLEANS 4 TEXAS
PAClFlC-Reports gross earnings for third
.ek Nov. s.as osa inc. $3.50 From July
NeH.5g. inc. SI&0, s9s.
cOLORDO & SOuTHERN-Reports earning,
for third week November. SITS. i29. dee, LOAF
From July. se.sOe. e3j. inc. ss5l. rs.
DETROIT 4 MACkINAC-Reports earning
for third week Of November. "a. i52, inc. 81, y?6
Prom July Sass. al. inc. So. az.
GEORGIA. SOUTHERN Il FIORIDA-Re
ports gross earnings for third week Nov. SIS.
-. inc. 1876. From July !, N,O1s. 26g. inc
t3j.ls.
MOBILE 4 O~HIO-Rcports gross earnings 70
third week Nov. ssl?. SO. inc. 81, 3i5. From
Jly I, 49, ~. inc. slsl ,36i.
rERE MARQuETrE-Rcorranisa n plan
approved by majority Of creditors, has bee
submitted 10 Michigan Railroad Commission 10
Anal action, Plan provides for issuance of nCy
securities amounting 10 In excess ~ s@l, 00,
on. and this with securities company Is sal,
n own would make capitalization OF new CON
pany about sos, ~0,oc
SouTHERN-Reports gross earnings for thir
week Nov. 81, $50. sSS. inc. Sos. l69. From Jul
81. e60. is5. inc. SSneN Entire system
henorts gross earnings for third week Nov. So
100. inc. s2sy. sal. From July l. $40, $50, sos
he. S.l7e. 7ls. ,
S,n kholders have again been formally 70
minded Of special meeting 10 he held Januar
next TO approve action Of directors l
creating new $500. oNo. ~ blanket mortgage an
10 authorize issues Hereunder.
TEXAS 4 rA,lt1I-Reports earnings 10
the third week Of November S,sl, Oh. Inc, SIS,
N. Prom July. q SSl 5s,. inc. 81. 3S lN.