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Jan. and July. $ 11,263,000.00
Jan. and July.

3,674,000.00 1,241,000.00 2,393,000.00.· 2,992,000.00 812,500.00 541,000.00. 3,505,000.00 89,000.00. 5,680,000.00 4,000,000.00 2,500,000.00, 3,000,000.00 18,540,000.00

7,432,000.00

1884 New York 1914 5
1886 New
1863 New York 1893 7
1867 New York 1897 7
1868 New York 1898 8
1868 New York 1898 7.3
1873 New York 1903 7
1872 London ... 1902 7
1872 London 1902|7

Jan. and July.

York 1916 5

Jan. and July.

Jan. and July.

...

1869 New York 1899 7
1878 New York 1908 7
1872 New York 1902 7
1880 New York 19107
1879 New York 1909 6
1879 New York 1919 5
1880 New York 19106
1881 New York 1921 5
1880 New York 1910 6
1880 New York 19105
1880 New York |1920|6
1880 New York 1920 6
1881 New York 1921 5

Jan. and July.
Feb. and Aug.
Feb. and Aug.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.
Jan. and July.

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First mortgage Chicago & Lake Superior bonds...

Land grant income bonds.

1881 New York 1921 5
1880 New York 1890 7

Land grant income bonds, 2nd series.. 1883 New York 1890 7
Real estate mortgage bonds
Real estate mortgage bonds

1884 New York 18945

1885 New

York 1890 5

1864 New

1861 New
1879 New

Minnesota Central Railroad bonds.... 1864 New
Milwaukee & Western Railroad bonds
Wisconsin Valley Railroad bonds
Oshkosh & Mississippi River Railway
bonds

Fargo & Southern Railay bonds, 1st
mortgage

Fargo & Southern Railway bonds, in

come..

1883 New York 1954 6

1885 New York 1805 6 April and Oct.

Total amount of funded debt..........

Total amount of debt liabilities......

$ 103,271,000.00

$ 103,271,000.00×

York 1894 7
York 1894 7

York 1891|7
York 1909 7

1871 New York 1891 8

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Amount of debt per mile of road.....

Amount of debt representing the road in Iowa, on basis of miles

of road....

Total amount of stock and debt.....

.$ 20,987.00

29,630,064.00

$ 155,716,161.00

Amount of stock and debt per mile of road..

Amount of interest paid representing the road in Iowa, on basis of miles of road............

COST OF ROAD AND EQUIPMENT.

31,645.00

1,761,520.36

CONSTRUCTION OF ROAD AND BRANCHES.

(See note on page 191.)

COST OF EQUIPMENT.

(See note on page 191.)

Total cost of road and equipment....

Average cost of road and equipment per mile [4,920.68 miles]...$
Proportion of cost of road and equipment for Iowa, on basis of

$ 156,395,061.92

31,783.22

miles of road.......... Average cost of road and equipment per mile in Iowa [1,411.82 miles), on basis of miles of road......

44,872,187.65

31,783.22

PROPERTY ACCOUNTS.

CHARGES AND CREDITS BY WHICH THE CAPITAL AND DEBT HAVE BEEN INCREASED

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Passenger and freight stations, coal sheds and water stations..

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Total transportation earnings...............

Transportation earnings per train mile run, from all trains

7,001,081.98

1.12

15,692,588.24
1,245,660.86

16,938,249.10

1.76

$ 23,939,331.08

earning revenue [15,834,697 miles]....

1.51

Gross earnings per mile of road operated [4,920.68 miles]...................
Proportion of transportation earnings for Iowa................

4,966.63

5,417,467,79

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CLASS 1-MAINTENANCE OF WAY AND BUILDINGS (CHARGED TO OPERATING

Repairs of road-bed and track.

EXPENSES).

356,641.14

16,169.02
89,352.07

Renewal of rails....

1,052,549.00 872,845.52

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Operating expenses and taxes per mile of road, operated 4,920.68 miles

$

3,037.87

Operating expenses and taxes per train mile run, for trains earning revenue, 15,834,697 miles, cents....

94

Proportion of operating expenses and taxes for Iowa...

We have no record that will enable us to answer these questions :
Expenses of running and management of passenger trains.....
Expenses of running and management of passenger trains, per train mile....
Expenses of running and management of freight trains.........
Expenses of running and management of freight trains, per train mile.....
Expenses of running and management of all trains earning revenue
Percentage of expenses to earnings, 61.17.

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GENERAL EXHIBIT.

Total earnings..

Total expenses, including taxes.

Net earnings....

Income from other sources than earnings..

Interest paid during the year.

Interest paid during the year on account of the road in Iowa..
Interest on funded debt, and interest paid on funded debt....
Interest on floating debt, and interest paid on floating debt..
Dividends declared, 7 per cent, (preferred stock)
Dividends declared, 5 per cent, (common stock).
Floating debt liquidated during the year........

.$ 6,157,491.81
1,761,520.36

Balance for the year............

Balance at commencement of the year...

Balance at the close of the year, June 30, 1886.......

INCOME ACCOUNT.

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$ 3,339,965.47

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Net income above operating expenses and taxes, interest and rental

3,466,831.77

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GENERAL BALANCE SHEET, AT THE CLOSING OF ACCOUNTS, JUNE 30, 1886.

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