STATE OF IOWA,

COUNTY OF MARSHALL. SS.

E. L. Dudley, General Manager, and M. C. Healion, Auditor, of the Central Iowa Railway Company, being duly sworn, depose and say that they have caused the foregoing statements to be prepared by the proper officers and agents of this company, and having carefully examined the same, declare them to be a true, full and correct statement of the condition and affairs of said company on the thirtieth day of June, A. D. 1887, to the best of their knowledge and belief.

[L. 8. OF R. R.]

Signed,

E. L. DUDLEY,
M. C. HEALION.

Subscribed and sworn to before me, this 17th day of September, A. D. 1887.

[L. 8.]

C. H. ACKERT,
Notary Public.

Received and filed in the office of the Commissioners of Railroads this 21st day of September, 1887.

W. W. AINSWORTH, Secretary.

REPORT

OF THE

CENTRAL IOWA RAILWAY COMPANY,

FOR THE SEVEN MONTHS ENDING JUNE 30, 1887.

E. L. DUDLEY, Receiver.

REVENUE FOR THE SEVEN MONTHS ENDING JUNE 30, 1887.

Earnings per train mile run, from all trains earning revenue,

EXPENSES OF OPERATING THE ROAD FOR THE SEVEN MONTHS.

CLASS 1-MAINTENANCE OF WAY AND BUILDINGS (CHARGED to operating EXPENSES).

Operating expenses and taxes per mile of road operated (512.724 miles)

1,371.50

Operating expenses and taxes per train mile run, for trains

earning revenue (850,209 miles).......

.8271

Proportion of operating expenses and taxes for Iowa........

Expenses of running and management of passenger trains, all expenses.

580,441.22 160,153.68

Expenses of running and management of passenger trains, per train mile...
Expenses of running and management of freight trains, all expenses........
Expenses of running and management of freight trains, per mile..
Expenses of running and management of all trains earning revenue.........
Percentage of expenses to earnings........

.5521

543,018.58 .9695

.8271

91.61

Net earnings above operating expenses and taxes
Net earnings above operating expenses, taxes and rental
Gross earnings per train mile run (850,200 miles)...........................
Net earnings per train mile run (850.209 miles)
Percentage of net earnings to stock and debt..
Percentage of net earnings to cost of road and equipment....

40,071.10

32,595.94

.8742

.0383

.0017

.0018

TAXES.

Entire tax for the year 1886:

Entire tax for year 1886--Iowa.....

Illinois ....

Total

Of the above, the Central Iowa Railway paid to December 1, 1886.........
Of the above the Receiver paid all the Illinois and first payment in Iowa....
Balance unpaid, not due, second payment in Iowa.....

Total

48,092.93

13,928.21

62,021.13

5,982.42

36,772 78

19,265.93

62,021.13

GENERAL BALANCE SHEET AT THE CLOSING OF ACCOUNTS, JUNE 30, 1887.

DEBIT.

Central Iowa Railway Company's indebtedness paid by Re

ceiver....

290,517.46

Less material on hand, cash, etc., turned over to Receiver,
December 1, 1386.....