Show MICHIGAN RAILROADS INCREASE EARNINGS Net Income Is Eight Per Cent More I This Year Than Last I LANSING Mich Feb 7 The earnIngs earnings earn earn- Ings of Michigan railroads during the year 1901 exceeded by mor moreth than n 8 per percent percent cen cent t those of the previouS year year which which In n turn was as over 7 per cent more than the earnings of 1 1900 00 A A. statement based on monthly reports of the companies companies com corn panics doing business in Is Issued Issued issued is- is sued by Railroad Com Commissioner Osborne Osborne Osborne Os- Os borne shows that the total earnings In Inthis inthIs inthis this State for 1901 were ware as s compared to for the previous pre pre- yIota vou year I Increase of ot 3 The he earnings lor alone were or in excess of those for or the corresponding month of 1900 The increase in the earnings noted will add nearly to the taxes of ot the railroads the last computation t of f which under inder the sp specific tax law Is soon to be made Next December the railroads of the State will wili be taxed on the valuation valuation tion of their material property |