The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-15

Net earnings for six msnths e. s9l44o II
1t appears by this that the expenditures for service
for the six months amount 10 only sl00 ASH S. Before
giving any Il the tables In the report, pro-
pcse ansy Eng this item In the report made to the Sc
sr,tary the condition Of the compaDys affairs
on the sst OF December 1885, 1t Is stated that there
were. for the year ls4s EOS horses and 30 In the
employ Of the company, The road then only ifty
miles lsng and Il 10 now eighty. The New Haven line
not open at that time; IL is Therefore within lin.
its to put down the number Of men now employed at
500 and the number Of horses $50 The average price
paid to the per day is 81 u.s. which for six months
1S3 days would amount to SOS 625 aud for ESQ horses
at Soc. per day for six months -ls3 days would
amount TO 500 s7j; making total for THESE two items
OF so1 500. which, deducted from SiO0A5 leaves bs
lance OF ssesl for all the other expenses the line
fer six months.
During the sx months, from lst Jsuuary 1s4o to LIST
July the service Of the Transportation Department. has
been follow;
Passenger Trains have run. ......... ilt5io miles
Freight "........... 3s2lo
Gravel " ........... 400 "
The train cars q wbsss bave been hauled 20 i2s miles
City line cars "a wheeled) II" 1880
New Haven Cars fuli.. ............ HISS
empty ..'....... ul32
fetal by Horfa rower,. ........... 1os $50
This makes IN aggregate transportation Of 35esee
miles the total Of shich according to the report,
was slO0s5i which averages about - etc per mile.
In the report for 1S4s 90 the Secretary Of state II h
stated tha, tTausportscn Of 200 coo miles COS. $780,
4s1 ~hch averages shout 81 cts per mile, showing
difference Of eta per mile in favor Of the expenditures
fr he service during the first six months II this
year. There 10 screw loose somewhere here. We
disposed believe that th. average Of IS cents per
mile year less than the actual cost; aud II s
has he NJ
psDy suppose that N stockholders will believe that
this year the average has been only about Is per
mile The aversgc 81 sl the roads In this state a. sLout
50 cents per mile; and none but the Harlem Company
employ horse power II will be seen by the above ts-
bic. that much than one half Of the aggregate
transportation on the Harlem read by horse pow
or; the expensive Of the two aud the oost per
mile, tins average, must much above the ave-
rage Of other roads We leave IL for those interested
TO figure Up the aggregate running expenses for the
past sin months at this rate per mile admitted In pre-
vious r,porta
We 70 the debt Of this eoapany. The
Harlem hAroad directors In their proposals sub
SCRIP tons TO the preferred stock, Qssusd 2cth April
ls4s) stated that million Eve hundred tn oussnd
dollars would pay the ccmpsnys debts. sp3ssl5 SO
Cost Of "a track from " Haven Junction. 1t0OO) 90
Sian ess OF
tinasnt charges. ................. 1888 %
Total amount q preferred stock. 81 500 600 co
These directors. ia their last report OF
9th October 1S4g set forth (see psge 81 -
Debt beyond all sub-criptiors received, OF
hereafter 90 be received tor preferred stncE S %
Page g. Commissions paid 20 Netcbup. TO
ssrs and BemeBt. -. q. ..... .S5j l75 o.
Discounts paid % rersons not
,sse tdditi, pai cost Of Dover
extension. (sxclusve Of above
fl.... ..... ... ..L
- 2fi3i7 q
sl3i Tsl ~
II which ada balance held ~ company for
lsss OBSERVATION-DISCLOSURES. Ts3i3 %
which tsves the company ............. 1910 os6 ~
more behina hand than it the goth April 1913,
which deficiency IL not satisfactorily aesouuted for
tie presumed hGsevsr, the d.reetof understand his