Show tonight tn niGHT AND the american manufacturer gives statistics from the annual report of the lake shore fe michigan southern railway showing the growth ot traffic and the reduction in railroad coats and earnings tiie figures are from 1870 to 1890 in 1870 the lake shore michigan southern road received 1504 cents per ton per mile on the freight hauled and the profit was cent per ton per mile in 1895 the the amount received ived per ton per mile was cent and the profit cent the increase in the amount of freight hauled in 1695 over that moved in 1870 vaa very great as tons hauled in 1870 and tons in 1803 taking the passenger business ane profit per passenger per mile in 1870 waa cent and in 1895 it was cent but the passenger business did not increase like the freight traffic A significant fact is that made in regard to the average loading of freight trains which commenced in 1870 at tons per train and lias steadily grown to tons per train in notwithstanding abia marked advantage in train loading the freight earnings per train mile have decreased from to the lowest point being readied in 1835 when the earnings were only ua per train mile the operating expenses in 1870 were per cent of the gross earnings in 1895 they were per cent in 1870 the stock paid 8 per cent in dividends but tor the past six years it has paid 6 per cent in 1880 the stock earned 1128 per cent utah donld feel well treated if its railroads were to charge only z a cent per ton per mile on mixed freight y elj boqi averages less than that rate the immense tonnage does much to enable the eastern boais to give their customers such liberal terms yet the figures show that in 1880 the stock paid nearly 12 per cent dividends |