(Page 31.)

INCOME ACCOUNT-WHOLE LINE.

[FOR ROADS MAKING OPERATING REPORTS.]

Gross earnings from operation-page 35.... $28,090,517.95
Less operating expenses-page 45.

Income from operation.....

17,633,036.00

$10,457,481.95

Dividends on stock owned-page 37

$216,243.00

Interest on bonds owned--page 39..

493.05

Miscellaneous income, less expenses-page 41

42,365.04

Surplus from operations of year ending June 30, 1891...

$316,753.05

Surplus on June 30, 1890, (from "general balance sheet," 1890 report). ..

5,304,843.51

Surplus on June 30, 1891, (for entry on "general balance sheet"--page 51)........

$5,621,596.56

Common stock, Chicago, St. Paul, M. & O. R'y Co...
Preferred stock, Chicago, St. Paul, M & O. R'y Co..
Common stock, Sioux City & Pacific R. R. Co....
Preferred stock, Sioux city & Pacific R. R. Co...
Stock of Fremont, Elkhorn & Mo. Valley R. R. Co..
Stock of Mo. Valley & Blair R'y and B. Čo...
Stock of Sioux City Bridge Co....

Stock of Chicago Union Trans. Co., (subscription to)..

Total..

$1.203,736,86

$1,591,428.15

$1,926.32 4,977.98

26.90

$6,931.20

$1,598,359.35

$28,090,517.95

Total par value.

Income

Rate. or dividend received.

(Page 39.)

NAME.

BONDS OWNED.

Chicago, Iowa & Dakota R'y, first mortgage bonds....
Clifton Heights Land Co, bonds

Escanaba, Iron Mount. & West. R.R., 1st m'tge bonds.

RENTALS RECEIVED.

RENTS RECEIVED FROM LEASE OF TRACKS, YARDS, AND TERMINALS.

(Page 43.)

OPERATING EXPENSES.

APPORTIONMENT BETWEEN PASSENGER AND FREIGHT TRAFFIC IS ESTIMATED ACCORDING TO THE RULE PRESCRIBED BY THE INTERSTATE COMMERCE COMMISSION.

(Page 45.)

OPERATING EXPENSES-Continued.

APPORTIONMENT BETWEEN PASSENGER AND FREIGHT TRAFFIC IS ES-
TIMATED ACCORDING TO THE RULE PRESCRIBED BY THE INTER-
STATE COMMERCE COMMISSION.