Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-07
BU SlNEss OF RAILWAYS IN STATE
SHOW NET SUBSTANTIAL PRO.
Fit FOR MOST LINES.
ONLY FOUR SMALL
LINES SHOW DEFICIT
Northwestern, Rock Island; Great West
ern and Other Roads With Extensive
Mileage, Prosperous - Rock Island
Leads in Amount Of Taxes Paid to
state--Northwestern Next.

Special to Times Republican.
Des Moines, July According to
figures reported to the state executive
council by the railroads operating in
Iowa last year was a profitable one for
railroad business in this state, OF the
thirty four steam roads reporting only
four report a loss and these are roads
with a very small mileage in this state.
The Union Pacific, which has a little
over three miles of trackage in this
state coming across the river from
Omaha to Council Bluffs, reports loss
last year in Iowa of $19,934 The Col
fax and Northern with twelve miles of
road shows a loss of $s,511. The Cres-
ton, Winterset and Des Moines, with
twenty miles Of road, shows loss of
$9,207, and the Crooked Creek Railway
and Coal Company, with seventeen
miles of road shows a loss of $s,204.
The Chicago & Northwestern Rail-
way, with mileage of main track IN
Iowa of 1,610 miles, shows net earning
in this state last year of $5.373,O63. OF
1886 per mile. This is gain over the
year previous when the total net earn
ings were $5.026,456, or $3,1G per mile.
The Chicago, Milwaukee & st. Paul.
railway, with a total Iowa main track
mileage OF 1,867-miles, shows net earn
ings in this state last year of $4.S75.247,
OF. $2,610/ber mile. as compared to s4,-
65s,376, or s2.491 per mile, the year
previous; ~
Rock island Mileage Greatest.
MT ~ Tel 4, pacific
has the greatest mileage Of any road
In the state. Its net earnings in Iowa
2,2O2,3S5. Its total net earnings in Iowa
last year were S3,S95,164 or $1,76s per
mile. as compared to $4.394,sS0. or ST.
9s4 per mile, the year before.
The Des Moines Union railway, which
owns the terminal tracks here In Des
Moines and the union depot, but mas
no other tracks, shows the greatest net
earnings per mile which for last year
total s49,620. or a total of $207, 1874. 1t
has little over four miles Of track.
The Rock Island, because of its great
er trackage, paid more taxes In this
state last year than any other road. us
taxes in Iowa amounted to $sll,7o4.
The Northwestern was the next high
est. paving in $679,637. The Milwaukee
paid in s65s,s1s.
The Burlington railroad last year,
with 1855 main line miles Of track.
earned 1882, s7S, or $2,s2S per mile. 1t
paid in $541,0s1 in taxes.
The Chicago Great Western with 1853
miles of main line track in Iowa. earn
ed $1,271 .099 net on Its Iowa lines' or
$1,652 per mile,st-s Il
The state executive council will next
week take up the matter OF railway as
sessments and that Of the telegraph,
telephone and express companies and
similar corporations. Laterin the week
it will take up the matter Of equaliza-
ton of property valuations between
counties for purposes of taxation Fol-
lowing review of the valuations on an
classes of property the council will
then fix the state levy and certify this
to the county auditors.
No Successor to WoIever.
The state auditor, Frank S. Shaw,
has not yet appointed successor to A.
10. Wolever, chief bank examiner, who
died suddenly few days ago. The po-
sition pays $1,000 year. which Is the
same as the regular examiners travel
ing over the state receive. while the
latter get an allowance for meals wnie
travelling. Hence the men on the road
in reality get more than the chief ex-
aminer. who must live in Des Moines.
The chief has the responsibility of the
work to a large measure and when
hanks are in trouble must go out and
take charge of the work Of the exam
liners.
lAndi+or Shaw has many applications
for the vacancy Wolever was consld-
cred an efficient officer and II taxes
good man to fill his place.