CURRENT ASSETS AND LIABILITIES. Cash CASH AND CURRENT ASSETS AVAILABLE FOR PAYMENT OF CURRENT LIABILITIES. 14,306.22 Due from agents. Net traffic balances due from other companies.. Due from solvent companies and individuals.. Total.... Materials and supplies on hand, $14,552.61. CURRENT LIABILITIES ACCRUED TO AND INCLUDING JUNE 30, 1890. Audited vouchers and accounts Wages and salaries...... Matured interest coupons unpaid.. Total... 7.184.44 7,545.60 93,940.00 16,820.43 125,490.47 COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. ITEM. Grand total cost construction, equipment, etc Total cost construction, equipment, etc.. Iowa. REMARKS. $ 6,719,311.958 6,719,311.95 $ 70,396.14 $ 6,719,311,95 $ 6.719,311.95 8 70,396,14 The train mileage basis is not, for this line, a fair one for the division of operating expenses. We do not claim that our passenger trains are profitable, but it is reasonably certain it did not cost $12,462.56 more to run them than they earned, as this report indicates. Operating expenses per mile of road.. ..8 1,391.74.971 Operating expenses train mile.... .74.657 Net earnings, above operating expenses only, per train mile .19.076 Surplus at close of year No stock owned by this company. 42.088.38 35,510.26 |