Democratic Sentinel, Volume 13, Number 3, Rensselaer, Jasper County, 8 February 1889 — BUSINESS OF THE ATCHISON. [ARTICLE]

BUSINESS OF THE ATCHISON.

Report for tlie Year 1888—An Estimated Ileiicit of *1,409,001. Joseph W. Reinhart, Comptroller and General Auditor of the Atchison, Topeka and Santa Fe Road, has submitted advance sheets of the full report for eleven months ending Nov. 30, 1888, which show the following lesults: Mileage, A.ehisou system proper, 3,019.78 miles; gross earnings, $14,297,468; expenses. 07.7 per cent.. $9,673,725; net earnings. $4,623,693; receipts from interest on bonds of rail o ids owned by Atchison and used as collateral, $508,892; total net earnings, $5,132,585; direct llxed charges, interest on bonds and notes, taxes and sinking fund requirements, $4,513,246; net profit, $619,339; receipts from other sources, $446,660; total profit, $1,065,999; dividends, $2,625,000; deficiency, $1,559,001; gross dobt originating in the period, $8,643,304: offsets, $3,457,412; net floating debt, $5,185,890; supplies on hand as an offset to future operating expenses, $1,523,118.97. Of the debt above shown $5,183,891 was due and payable prior to July 1, 1889, Of guaranty notes subscribed for, in amount $7,000,000, there had been called to Nov. 30, 1888, $700,000, leaving $6,300,000 not called nor paid in. The total income sur-> plus Dec. 31. 1888, was $7,940,622. The deficiency for the eleven months ending Nov. 30, 1888, made the net general income surplus to that date $6,381,622, but the addition, of various sundry surplus accounts swelled this amount so that the total general surplus Nov. 30 was $9,509,633. oho estimated net profit from operations, after all charges for the month of December, is $150,000. The total net deficiency of the company for the period of twelve months to Dec. 31, including actual ilgures of Nov. 30 and December estimated, is $1,409,001. From actual statements to Nov. 30 and approximates for December the auxiliary roads of the Atchison system, inclusive of those owned jointly, will show that they have failed to earn lixed charges of all descriptions by about $3,000,000. Of this they have contributed about $1,800,000, the remainder having been advanced by the Atchison company. The Boston Advertiser says regarding the report, that it is unsatisfactory because out of a mileage of about 7.104 miles the report only covers about 3,020 miles; also that the statement varies from that published Jan. 2. 1889, in that gross earnings for the eleven months are $37,362 larger, expenses $55,710 larger, and net earnings $18,357 smaller.

Strange what queer languages are spoken in this country. A Western paper in a local item recently told of “a regular old razooper, who, having got a skate on, indulged in a glorious razzle-dazzle.” John W. Alexander, the young portrait painter, does all his work with his left hand, He is thought to bear a striking resemblance to Vandyck, with his pointed beard and up-curling mustache. “It is the greed for gain which is responsible for four-filths Of the crime committed,” said a Chicago clergyman, and then he accepted a call for SSOO more per year.