Iowa City & Western Railway, 6,000 shares.
Cedar Rapids, Iowa Falls & Northwest'rn R'y, 6,050 shares
Cedar Rapids & Clinton Railway, 3,000 shares.
Chicago, Decorah & Minnesota Railway, 2,300 shares.

NAME.

DESCRIPTION OF
PROPERTY.

Total

STOCKS OWNED.

Total..

Under the contract with the leased lines, the controlling amount of stock is issued to the Burlington, Cedar Rapids & Northern Railway Company, out of which from time to time the stock is to be issued on the certificates of the county treasurers for the local aid under the law governing such.

RENTALS RECEIVED.

SITUATION OF PROPERTY LEASED.

TRACKS

A third rail. From Burlington to Mediapolis. Des
Moines county

ITEM.

Lots leased and sold
Miscellaneous receipts.

Total

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

600,000.00
605.000.00
300,000.00
230.000.00

$ 1,735,000.00

Total par

value.

Gross income.

MISCELLANEOUS INCOME.

NAME OF COMPANY
USING PROPERTY

Rate.

615.25

50,344.51
50,959.76

LEASED.

Income or

dividend received.

B. & N. W. R'y Co.... $ 4,200.00

$ 4,200.00

Less expenses.

ITEM.

How many miles of fencing have you on your road in Iowa?
Double fencing, 872.61.

What is the average cost per mile?

Double fencing, $320.

What is the total cost of the same? $279,235.20.

How many miles of new fencing have you built during the year? 103.55.

Give the number of miles needed in Iowa to complete your fencing: 57.46.

equipment)...

Balance net earnings

Miscellaneous earnings..

Lots leased and sold

Total

CASH.

GENERAL BALANCE SHEET.

DEBIT.

CREDIT.

14,000.00

14,000.00 $

NAME OF COMPANY
OWNING PROPERTY

LEASED.

Minn. & St. L. R'y...

C., R. I. & P. R'y...

Current liabilities..

Accrued interest on funded debt not yet payable (add improvement and

TOTAL.

10.500.00 14,000.00

24,500.00

TOTAL.

3,150.00

1,200.00

4.350.00

18,350.00

20,122,906.75 3,457,654.84

1,735,000.00

223,253,25

131,858.68

28,889.08

25,699,562.70

7,235,000.00 14,964,000.00 52,970.70

2,991,138.73

405,494.14

50,344.51

615.25

25,699.562.70

MAILS.

941,599.72
55,159.76

996,759.48 8

294,914.10

294.914.10 8 294.914.10

184,547.03

184,547.03 8 184,547.03

$ 1,476,220.61

771,130.00
2,942.56

18,350.00

86,915.62

66,925.92

108,733.62

4,200.00

179,859.54

996.759.48

62,563.86

108,129.71

879,338.18

62,563.86

108,129.71 246,329.32

$ 1,476,220.61

The United States Express Company operates all the lines of the Burlington, Cedar Rapids & Northern Railway, at a monthly payment of $4,900.00 per month, or 858,800.00 per year. If 40 per cent of their gross earnings exceed this sum, then the excess has to be turned over to the B., C. R. & N. R'y Co.

No fixed contract. The rate of compensation for carrying United States mail is based upon the weighing of mail for periods fixed by the government.

SLEEPING, PARLOR OR DINING CAR COMPANIES.

Sleeping cars are owned by the Pullman Palace Car Co. The Burlington, Cedar Rapids & Northern pays for the use of such cars 3 cents per mile. This contract expires March 7, 1893.

OTHER RAILROAD COMPANIES.

Running arrangement has been made with the Minneapolis & St. Louis Railway between Madison Junction and Forest City, with the use of depot facilities, at a monthly payment of $262.50. Contract expires August 1, 1892.

Freight traffic arrangement has been made with the following railways:

Chicago, Rock Island & Pacific.

Chicago, Burlington & Quincy.
Chicago & Northwestern.

Chicago, Milwaukee & St. Paul.
Minneapolis & St. Louis.

Iowa Central.

Illinois Central and its tributaries.

Joint through freight traffic has been effected with the following railways:

Minneapolis & St. Louis.

Chicago, Rock Island & Pacific.

Chicago, Burlington & Quincy and i.s tributaries.

TELEGRAPH COMPANIES.

The Western Union Telegraph Company owns, controls and manages all lines on the Burlington, Cedar Rapids & Northern Railway, upon the following conditions:

All messages of the officers and agents of the railway company, pertaining strictly to its railway business, shall be transmitted free of charge upon said line of railway, and between Burlington and Cedar Rapids and Chicago.

First mortgage. First mortgage. First mortgage.. First mortgage.. First mortgage. First mortgage. First mortgaae. First mortgage. First mortgage. First mortgage. First mortgage. First mortgage..

Total.

The telegraph company agrees to issue to such officers of the railway company as may be designated by the President or General Superintendent thereof annual franks, authorizing the free transmission of messages relating strictly to the railway business covered by said agreement, originating at and destined to points on the telegraph company's lines in the United States, beyond the limits above named, to an amount not exceeding $3,500 per annum for the present mileage of 1,046 miles of railway owned, and $6.00 per annum additional for each additional mile of railroad so owned, leased or controlled, etc.

This agreement continues in force until December 7, 1894.

SECURITY FOR FUNDED DEBT.

CLASS OF BOND OR OBLIGATION,

From

WHAT ROAD MORTGAGED.

Burlington..
Vinton..

Lewis Junction.
Muscatine..
Iowa City
owa City
Holland
Lake Park
Dows.

Ellsworth

Postville
Clinton