. Louisiana and Arkansas railway; its territory industries and financial condition ... of the traffic of the road orig-inates on its own Hnes, making it very valuable to itsconnections. Foreign tonnage is steadily increasing, how-ever, that for the fiscal year 1904 being double that for1903. Upon the completion of the Natchez extension, ifnot before, the road will form part of a through route fromthe grain fields of the West to New Orleans and a greatdeal of outside business should result. Not only grain,but flour, packing-house products, coal, and cotton shouldalso contribute to a heavy volum
. Louisiana and Arkansas railway; its territory industries and financial condition ... of the traffic of the road orig-inates on its own Hnes, making it very valuable to itsconnections. Foreign tonnage is steadily increasing, how-ever, that for the fiscal year 1904 being double that for1903. Upon the completion of the Natchez extension, ifnot before, the road will form part of a through route fromthe grain fields of the West to New Orleans and a greatdeal of outside business should result. Not only grain,but flour, packing-house products, coal, and cotton shouldalso contribute to a heavy volume of south-bound north-bound traffic should include sugar, rice, andtobacco for the West, in addition to imports entering thecountry through New Orleans. Earnings have shown steady gains. From $118,000in 1901 the earnings applicable to the payment of interestincreased to $241,000 in the year just ended. They arenow about double the fixed charges. The road has nofloating debt and its bonded indebtedness per mile is lessthan half of other railroads in the same LOUISIANA AND ARKANSAS RAILWAY
Size: 1956px × 1278px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1900, bookidlouisianaark, bookyear1904
