The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-05-05


with the corresponding months in ls45 amounts about
fourteen per cent At this Of increase through the
season. the gross income of 1885, tho same length Of
road will amount TO than two hundred thousand
dollars which will give net income after paying running
expenses least hundred twenty thousand dol
lars after paying interest debt &c. actual netn
Of eighty thousand dollars, equal to about
per cent the capital stock Of the company This
plus will be applied the liquidation OF the debt or the
extension of the road either of which il better than the
appropriation of it to the payment of dividends These
estimates made independent of the extension Of forty
five miles beyond White Plains, the present terminus,
supposng that for the first year after tho extension
gets fairly into operation the increase would not be
than sufficient the current running expenses
that portion Of the road and the interest the debt
traccd FOR its construction Although the financial affairs
of this concern far the receipts and expenditures
directly connected with the business Of the road
cerncd, in very favorable condition. look upon
them a matter of secondary importance compared with
the prospective business Of the company There are
very few railroad companies in the country having such
a favorable prospect before them the Harlem
pony. 1t matters very little, in fact whether the Hud.
River company get charter not whether that
road is constructed nothe local business Of tho Har
lem must in mc it extends itself into the interior DO
immense.
We annex condensed statement Of the business Of the
18th 1891 to January l 1916, compiled from the oacal
reports made to the Legislature required by it, char.
ter
Mousr CARSON RAILROAD.
Dat, 3 HS., 'vs Ts, e. .sc y. TSH:
April TO- 81 70 March !, H. .ssssss Is sai,n;
Year ending March i, ia. s05ss 10 n,,s. -
D.s.., 70, ,.,.., ' us 8
Yea. ...,.. March !, %. ...., n sf ss5a
10000 .
Deduct for loss ........... ass
r:a ~ .ass. ! s;:s J.. d. ssss
iea,s1; s. ! sIn,s q
Repairs, &C., for same period .s1 s7s y
Ia sfs.s Dc Dc &c . $50: s:.;s
p 59n saa ssd distribution Of stock aga 60
D'''s"'' anu ''''''''''' = $3.50 - sr.,ass 81
The cos, Of the Mount Carbon Railroad, with
the Improvements charged to this LIST Janua-
RAILROAD Si1 material. and personal property on
hand, per inventory ana valuation. -. aAss Is
Cash In the hands Of the Treasurer. and
amount outstanding for tolls and sales ofold
macT1piS ......'....... Lie 20
Total. ~...............sl ss,4sl is
Balance Of the debt due to the Grard estate
payable, by agreement with the Trust
annum with interest as heretofore The $1,000 90
debt due to the Girard estate was $4,000.
On the LIST August last s20,0 900 of il was
paid by sale Of stock 10 that amt at par,
Debt for Railroad iron purchased by the Co.
the amount of which is attached and
claimed BY different persons in the hands 2,633 ~
OF the Co, and cannot be paid until legal
decision be made Of the rghtful CLAIMANT
balances in favor Of sundry persons. 1876 81
share. .''' 1'.' '"as' e lissoo 90
Unsettled credits to Stockholders, in ac-)
count for distribution Of stock, payable bl5 W
Profit and loss balance ................. ssos %
L
I Total. Observation-Disclosures. $15e, 491 10
| by act passed March lrh lsaa, the company are