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(Page 53.) IMPORTANT CHANGES DURING THE YEAR-STATE OF MINNESOTA.
Here present statements as follows: 1. All extensions of road put in operation. 2. Decrease ia mileage by line abandoned or line straightened. 3. All other important physical changes. 4. All lea: taken or surrendered. 5. All consolidations or reorganizations effected. 6. All new stocks issued. 7. All new bonds issued. 8. All other important financial changes.
1. During the year this company released its contract with the Minneapolis & St. Louis Railway Co. for the joint use of its track, from Madison Junction to Forest City, 8.45 miles, and built a line from Garner to Forest City, a distance of 10.63 miles.
8. During the year, and immediately after the payment of the March coupon of the Iowa City & Western 7 per cent railway bonds, said bonds were paid off under the option of the mortgage, and in lieu thereof $584,000 5 per cent consolidated railway bonds were issued. Provision was made for the payment of one month's interest, the April coupon being detached from the $584,000 consolidated Burlington, Cedar Rapids & Northern Railway bonds.
(Page 55.) CONTRACTS, AGREEMENTS, ETC., AFFECTING BUSINESS WITHIN
STATE OF MINNESOTA.
Here give a consise statement of all existing contracts, agreements, arrangements, etc., with other companies or persons, concerning the transportation of freight or passengers. Give the statement in the following order, viz., 1. Express companies. 2. Mails. 3. Sleeping, parlor or dining car companies. 4. Freight or transportation companies or lines. 5. Other railroad companies. 6. Steamboat or steamship companies. 7. Telegraph companies. 8. Telephone companies. 9. Other contracts.
1. Contract on file with the Inter State Commerce Committee. Compensation, $6,000 per month, and at the end of each 12 months from date of contract, if 40 per cent of the express company's gross earnings exceeds $72,000, the express company is to pay the railway company the amount of such excess.
2. No fixed contract. The rate of compensation for carrying the United States mails is based upon the weighing of the mails for periods fixed by the government.
3. The Pullman Palace Car Co. runs its sleepers over our line and charges in addition to the regular passenger rates, $1.50 or $2.00 for berths or seats, according to distance.
7. Contract between the Western Union Telegraph Co. with the Burlington, Cedar Rapids & Northern Railway Co. covering the road from Burlington, Iowa, to Albert Lea, Minn., and from Vinton, Iowa, to Sioux Falls and Watertown, South Dakota, and on the various branches and divisions thereof. Provides for construction, reconstruction, repairs and operation of telegraph lines on said road, its branches and divisions. It also provides for mutual free privileges.
(Page 61, A.)
Cars, Dols. Cts. Mills.
Number of passengers carried earning revenue........
Passenger earnings per train mile.....
Number of tons carried of freight earning revenue-page 63...
Freight earnings per train mile.....
Passenger and freight revenue-page 35............
Iacome from operation per mile of road......
.01.913 213,532,00 2, 296.53.688
2, 649.06.786 258, 898.48
2, 784.45.343 258, 898.48 2, 784.45.343
1.99.217 184, 847.08 1,988.03.054
1.42.236 253, 898.48
(Page 61.) PASSENGER AND FREIGHT, AND TRAIN MILEAGE.- ENTIRE LINE.
Dols. Cts. Mills.
Number of passengers carried earning revenue.............
1,988, 889 328, 551, 263
289, 217 165 197-1000
Number of tons carried of freight earning revenue-page 63.........
.01.150 3,778, 951.08 3, 326.64.144
PASSENGER AND FREIGHT
Passenger and freight revenue-page 35...
4,116.78.501 4,873, 638,22
4, 290.17 4,877,983.22 4, 293.99.931
1.34.305 3, 127,744.10 2,753.29.586
.86.116 1,750, 289.12
Total mileage trains earning revenue......
Grand total train mileage......