Democratic Sentinel, Volume 11, Number 15, Rensselaer, Jasper County, 13 May 1887 — AILROAD INTELLIGENCE. [ARTICLE]

AILROAD INTELLIGENCE.

A number of new railroad enterprises, to be carried out by American capital, are projected in Mexico. The annual report of the Michigan Central Bailroad gives the following statement of the year’s business: Gross earnings grom traffic 812,295,827 73 Operating expenses and taxes 8,404,679 12 Net earnings 3,891,148 61 Interest and rentals 2 576 984 52 Residue. L314J64'09 Canadian Southern s share of net income 407,334.70 Net revenue from traffic 906,269.19 Income from investments 45 190'.50 Total net revenue ’952*019 89 Dividend, 2 per cent., paid Feb.’ 15, 1887 374,761.08 Balance to income account 577,255.81 The Bailroad Commissioners of lowa in a decision in the case of Gov. Larrabee against the Burlington Bailroad have decided that a greater charge for a long than a short haul is illegal, and have fixed a maximum rate for coal in car-lots within the State.