| Show IOWA CENTRAL REPORT Shows Decrease in Earnings but Is Satisfactory to Hawley Chicago Dec 12The annual report of the Iowa Central railroad has just been Issued I While the transportation receipts show a decrease the result Is considered satisfactory by President Hawley in view of adverse conditions 1 including the damage to crops smaller shipments of live stock and the miners strike The expenditures for Improving theo J the-o physical condition of tne road and buy 3 Ing new equipment required an inn in-n crease In bonded indebtedness but net earnings were sufficient to meet In tfrest requirements and other fixed charges 11 The gross earnings for the catl ended June 30 1003 were 3JOool3 a decrease of 5137806 Expenses and taxes were 1305930 a decrease of 135810 |