The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-04-18

Total net profit for months S2Ss274 So s4S1 124 20
This is most extraordinary statement. The returns
for the four months do not compare avoraS those
for the month Of March In March this year the profits
or net earnings than double those for the
responding period last year. The rst quarter of the
present fiscal year. ending February 49, was rather
dull ore Notwithstanding which the net earnings show
an increase of about y per cent The coal trade did
not fairly open until March, and SINCE the income of the
company under the now tariff of prices has been FAR
beyond the most exravagant estimates The net profits
Of the company for the first four months Of the presen
fiscal year. compared with those for the same time last
show an increase of sixty per cent If this rate Of
increase continued throughout the year. the aggregate
net Of the company will amount to 73o 49,
Deduct this the interest debt $3.50 000 sinking
fund 800 000 and have balance of 81 70o,7S0 IS
for dividend stock, which is equal to thirty per cent
for the gear both the preferred and stock.
Out of this the company pay two semi-annua div
den6s Of per cent and ten per cent for
tngencies These things and probably viii be done
in tie event Of such enormous productveness being
realized. From the data we now have, we have every
believe that the gross and net earnings will be
ali that is anticipated. The coal business for the first
fourteen days Of April shows great increase the
time last year. The coal tonnage for the first four
teen days Of April 1885, os9 TONS against 9S2
to, the date last year, showing an increase
private coal contractors for cars and the facilities
of the company have been increased this year. in this
way, 0 large per cent. Such the demand for coal
upon the opening of the that large dealers
constructed large numbers their account so as
to be of conveyance to market Of all their COAL
About eleven hundred have been constructed on
private account all Of which the company will ultimate
ly purchase, and add to its rolling stock.
The aggregate receipts of the Seaboard and Roanoke
Railroad for the fiscal year ending February l, 1855,
were s2o1 1893 60 There was expended during the
period for the necessary expenses equipments
and other purposes S2O25SO IA. The earnings of the
road compared with that of the previous year. show
of o. being increase Of 6s per cent
Two new locomotives and ffty-two freight cars have
been placed on the road and have been added to the
rolling stock Of the company during the year.
Tbs total crop of cotton baled and waiting navigation
to get Market generally estimated the lst jan
uary, at a25O,0Oo bales, and larger estimate was
strongly advocated by circular writer in this market
just before that date and referred to since probably
correct Surprising it 10 be only this amount
Bales
There ls been received Of Il ga GOO
Leaving to be yet received L. 1872 00O
The stock now In the ports observation-disclosures. 00OO
Leaving residue unsola crop ST., 900
There WAS taken last year by American spinners:-
Bales.
Cotton to the amount OF. COG, 900
TaLen by France and the Continent. ....... 715,OOo
Total buyers other than Great Britain. 32l 900
There has been already taken this rear
py american apinners.. ............ 36O, OO0
Total amount required to make up the supply