Jasper County Democrat, Volume 19, Number 35, Rensselaer, Jasper County, 29 July 1916 — Monon's Annual Report Shows Heavy Earnings. [ARTICLE]

Monon's Annual Report Shows Heavy Earnings.

The Motion's annual report, just Issued from Chicago, shows a gru.c increase in earnings of $1,500,009. The largest month of the year's business was in May, the heaviest in the history of the road. October was the second best month. The principal increase was in grain and mill products. The annual report shows fully $900,000 net and could show SIOO,000 more if it were not' for increased depreciation and an unexpended balance for replacement. The year’s operation ratio was around .65, against 71.31 the previous year. .Monon stockholders will vote September 20 in Hammond on the proposed purchase of the Indianapolis and Louisville railroad, the Indiana Stone railroad and the Chicago and Wabash Valley railw'ay.