New-York tribune., 1879-03-26
GROSS EARNINGS.

gsgR 5s B5s '5f
From Fr0rr express ~ 63376 6254j Dee s3l
From NJ scellaneous... 3I.2sI 1896 Dec. i5
Total learnnes.....s4 6OO422 si5l4,32l Inc slS,s99
oPJritS Snd aaxes 23Gs52l 256sSC5 Inc. 1884
Net earnings l8I0Ol sl9l5956 Dec sis5.845
The traffic of the railroad for the two years COM
pares rs follows:
tEsft ~STS %S s5 10 Inc Sst9
passengers carrted.... 57O,763 GOO,5jd Inc. 297s3
fastnRe' SatoD 49, O3O2o 3209eIC3 Dec 7Oeo2e
The capital stock and debt of the company stands
as follows;
The capital stock, including unconsoiatcd .o ,eo "a,
The bonded debt remains 2S9o99G90 600
Deferred iHter-s' ununied los ty9
Unpaid accrued interest on bonds .'..'..... leSooo2
Under the reorganization scheme, If fully as
sented to- the annual first charges AGAINST net earn
ings after July |, 1879 will be as fellows; An abb
solu.e charge for interest on the divisional mort
oages amounting to $21. $4,000, Of Sl,53l so;
the amount of interest to be paid il earned on tho
first preferred income bonds, per cent, VIII DO
SOL ,430 50 the amount of interest TO be PAID
hnna aonG ner FL @are cenf viii be- SnV s9f5 total net in
come necessary pay all the interest IN fnll upon
the divisional mortgages and both classes OF income
bouds will be -. .00S O90 90. -
The president of the company says: 1t would
seem from the results Of the last two wears, that
with revival of business, and reasonable prosper
ity and growth IN the country through which our
road runs the net earnings should be sufnclenb
hereafter when adding thereto the proceeds OF sales
OF land all the interest Charges, both abso-
Lutte and contingent"
However satisfactory these remarks Of the presl-
dent may be to the bOndhOlders 10 would seem as
if less could not be SAID 10 the stockholders.
The stock market to-day was Irregular, the gen.
eral list of stocks showing some improvement. while
the coal stCC ks were heavy and lower Inc increase
IN the earnings of the st. Paul Railroad TOT the
third week Ol March being only 5000, and less
than was expected, did not prove mach OI stllnu-
liant for the prices of the stocks that both classes
showed no activity until just before the close
when quotations advanced about =
per cent. The Northwesterns were strong all
,ay, although the business In them was cOmpara-
lively light and they closed at their best gures-an
advance Of 81 percent above opening prices :Or each
class. In the trunk line shares a good deal OF boil
sterng was apparent III Lake Shore, winch closed 10
at 693t against 69ls, its first price, while Canada
Southern dropped from % 10 o| 2, rallied 10 % aIu
closed at 5S3i. Michigan Central sold AZ soSG ~
"a Sd ana ErIe, after opening down 10 23ls rallied
70 o35s123lo, Sales of Central and Hudson WeTo
made az ll25s61l3. Wabash held lts own at 2OO
20la a020is, and Union Pacific rose 10 II. IL,
Or the coal stocks, Delaware aud Hudson decnneb
to 3Sli iG3Slo, Morris and Essex selling at 81
Delaware Lackawanna and Western and jersey
Central were feyersb, with frequent and snaTP
fluctuations. the latest one being rally wnien
left their final prices only a shade below tneII
opening figures, after having sold down TO 44Si ana
35Io espcctIyey. In these stocks the speculation
IS waiting the result of tO-mOrrOws sale Oi lOOooy
tons of coal by the Delaware, Lackawanna ana
stronger, ana advanced from lO3 TO Ioi'e@A AV'4'
and Pacific Mail was steady at l31lal 10.
The general market closed apparently strong
kANGE STOCK HAekEr