Prosperous Year For D. Y. A. A. & J.

PROSPEROUS YEAR FOR D. Y. A. A. & J.

ESTIMATE RECEIPTS FOR THIS YEAR AT $400,000

Officers of the Road Elected for the Ensuing Year – Will Not Make Many Improvements.

At the annual meeting of the Detroit, Ypsilanti, Ann Arbor & Jackson railroad, J. D. Hawks was elected president, S. F. Angus, vice president and treasurer, and F. D. Hinchman, secretary. The yearly statement shows a surplus above operating expenses and fixed charges of a little over $40,000. An estimate was made as to what the gross earnings for 1903 would be, and according to this, the receipts will be about $400,000. The business of the year just closed showed a marked increase. This was partly due to putting in operation the line from Ann Arbor to Jackson, and partly to the natural increase in the old line business from Detroit to Ann Arbor.

The question of betterments and additional equipment was thoroughly gone over, and it was decided that the road was in such good shape that it would not be necessary to expend any great amount of money during the coming season.

"Of course, there will be some expenditure needed," said President Hawks yesterday, "but the condition of the property is such that but comparatively little will have to be done. The business is showing a gratifying increase right along."