Show IN RAILWAY CIRCLES L ANNUAL REPORT OF THE SOUTHERN SOUTH-ERN PACIFIC COMPAXY Huntington Talks A1on1 legislation Special Rates to the B P O E I Convention Special Train Chartered Char-tered to Carry Montana Delegates and Silver Shouters to Chicago I Railroad Notes SAN FRANCISCO June 23tlie report of the Southern Pacific company for the year ending December 31 lS95t was issued today The report shows that the net earnings mile of road have decreased per mie decrease gradually gradu-ally from 576397 in 1872 to 225062 in I 1895 The decrease In the net earnings Is explained by tho decrease in the receipts I re-ceipts per ton all of which is attributed I to reduced freight rates The figures I show that the traffic has increased and I the net earnings at the sam time have I decreased I President C P huntington in his annual an-nual report which forms a preface to the I I volume subject of has rates the following to say on the I The feeling almost an epidemic passing from state to state under whose influence people have fixed or endeavored I to fix the rates of fares and freights I which they should themselves pay for I the service given and the benefits derived by those who use the railroads without I I rhcO tr thp OrU tJhf hnw rrpntf ± or own the properties Is disappearing A I better appreciation of the mutuality of Interest between the public and the railroads I rail-roads and a higher sense of justice has been reached In most of the states and it is reasonable to assume that a similar state of the public mind will soon obtain I ob-tain In the few states In which attacks are still being made against corporate property and more particularly railroads I |