Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-07-10
LINES OPERATING IN IOWA ARE
PROSPEROUS ACCORDING TO
OWN STATEMENTS.
INTERURBAN LINES
ALSO MAKE MONEY
Northwestern Leads Steam Roads in
Total Net Earnings-Five Roads, Al!
With Small Mileage, Show Loss on
Iowa Business-None Of Interurbans
Fail to Make Profit.
ecial to Times-Republican.

( special 10 llmes-hepuplcdh.
Des Moines, July 10.-Railroads OPP
Grating in Iowa show net earnings for
1916 of s27.445.26S.43 in their annual
report to the state executive council.
For the year 1915 the net earnings
1 were s22,672,467. This is net in
come per mile during 1915 of s2.77S.69
and in 1915 of s2,2S7.2s per mile.
| These figures are submitted in the
report of the railroads to the council
required for taxation purposes. The
council began yesterday it's work of
valung the railroads and their various
properties in the state as basis for
the tax assessor nt.
The total taxes paid in Iowa in 1916
| by these roads amounted to $685.
030.75. The taxable value per mile was
reported as s7,s63 and the total main
track mileage In the state is 9,94S $50.
There are thirty three companies in
this report which also includes the
terminal and bridge properties owned
by the different roads.
Eleven interurban lines show total
net earnings in Iowa for 1915 of ST.
191,22736 or s2,506.16 per mile. The
interurbans paid In state taxes last
lyear s10S,7134s.
Northwestern Leads.
In total net earnings in Iowa for the
year 1916 the Northwestern leads with
s6,236,275.57 with the Rock Island sec
ond showing total Of s5,521,035. The
Milwaukee is third in net earnings
with s5,169.s54.27; the Burlington
shows s4,S35,5S2.7s and the Great
Western s2,1sS.4eo.
In net earnings per mile, however,
the Des Moines Union Is in class by
itself. This road has only a fraction
over four miles of main track on which
It's earnings last year were s226.4S1 SO
or s54,247.17 per mile. The Northwest
ern has 1,610 miles Of main track in
the state and its net earnings per mile
last year were 1851. The Chicago
ST. Paul, Minneapolis and Omaha, with
a fraction over IS miles of main line
track In this state, reports net earn
ings per mile of s5.741. The Burling-
ton with 1855 miles Of track reports
an earning per mile of $3.50. The
Rock Island with 2,202 miles Of main
track reports net earnings per mile Of
$2,506.
Five Roads Show Loss.
Five of the railroads operating in
Iowa show a loss on their Iowa bust
ness, the Atlantic and Northern, the
CoIfaX and Northern the Creston, Win
terset and Des Moines, the Union Pa
c!f1c and the Wabash. The Union Pa
cific has only fraction over three
miles of road in Iowa and 1t shows a
net loss Of s2o,26o in Iowa last year
The Wabash with PIP miles of main
track in this state reports a loss Of
s51,131. The Colfax and Northern
with seven miles and a fraction of
main track shows net loss of s7.06S
last year. The Creston Winterset and
Des Moines, with twenty and a half
miles Of main track, shows net loss
Of $5,726. The Atlantic Northern with
seventeen miles Of main track shows
net loss Of $17,S53.
None of the interurbans operating in
Iowa show loss for last year. The
Waterloo. Cedar Falls and Northern
leads in total net earnings showing
s410,590 as their net earnings last year
The Fort Dodge, Des Moines and
Southern comes next with total net
earnings Of s352,605. The Cedar Rap
ids and Iowa City shows net earnings
Of s1o3,197. The Cedar Rapids and
Marion. 1856. In earnings per mile,
however, the Cedar Rapids and Marion
leads with s4,44s net per mile The
Waterloo and Cedar Falls comes Sec
ond with $3.50 net per mile. The
Mason City and Clear Lake line ranks
third in earnings per mile showing
sz,688 per mile on a little more than
fourteen miles Of road. The Fort
Dodge, Des Moines and Southern on
13s miles of road shows earnings per
mile Of s2,s5s.