Railway World Volume 30

Railway World Volume 30

By (author) 

List price: US$31.27

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1886 edition. Excerpt: ... newlines, and are a fair indication of what may be expected from that section of the country when more fully brought under cultivation. Chesapeake and Ohio Erzztension.--Contracts have been let for building the extension of this road from Ashland, Ky., to Covington, along the bank of the Ohio river, 180 miles long; also, contracts for the land for the approaches, for stone and iron work for the superstructure of the brid 6 across the Ohio river between Covington and Cincinnati. T e new bridge will be built near the centre of the two cities, and will accommodate foot and vehicle trafiic. Chicago and North-western.--At the annual meeting, held in Chicago, on June 3d, a statement was presented, sh Wing that the gross earnin for the. fiscal year ending May 31st were about $24,300,000, w ich includes the estimated earnings of the month of May just closed. The operating expenses and taxes, estimating those for May, will be about $13,900,000; the interest on bonded debt and sinking funds amounts to about $5,700,0()0, makingsthe estimated net earnings $4,700,000, from which the dividen of 6 per cent. on common and 7 per cent. on preferred stock, amounting to $3,444,500, have been declared, leaving a surplus of $1,225,500, exclusive of revenue derived from sales of lands.---The directors have declared dividends of 12-per cent. on the preferred and 3 per cent. on the common, the former narterly and the latter semi-annual. Transfer books closed une 9th and reopen on the 28th. The annual report shows that the fixed charges are $548,899 higher than in 1885, but this increase was almost entirely wiped out b" a reduction in dividends paid of $536,848. The surplus after ividends is $1,255,500, an increase of $679,800 over the previous year...."show more

Product details

  • Paperback | 1096 pages
  • 189 x 246 x 55mm | 1,910g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236858042
  • 9781236858047