New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-05-06

~ was ;ssued Yesterday. shows that an
1851 ;,o.e for the year of 8 $50 miles produced
a'eirr;nCs of Sl7,O 25 49,, and net earnings Oh
gross 90 and that at the end of the year the
90 .V,].,ot was S3l. 500. IA and the Donded
cap,'"i 60 1es. 745: total fixed CAPITAL
deo. ,so-an increase from December 81,
ST. -, 80 g 7s2. 900 in stock and SoS,9O',-i'
1873 u M. total increase, $61,639,245,
In Oohu'o addition of 2,Sl7 miles
&c .,ods additional equipments etc.' cue -
Oh 49, sxad capital has increased 10 per cen''
VI ,r;ncipally in bonds which constitute "l
aSu a oD earnings. the net earnings iroln ""i'
-.etion in 1851 were only oii2 per eeu' e'''''
than those OF 1870 -. =. -orort charges Gin
.oconnt - with the net earnings anu az
-. Cor the year ended December %, a.,
~ "a credit 1t places the ui'iuo"D tho
L.. s;x months of the preo'ut"s a, Gov
l;r;dend for the first six months VI .no -. ,,oid
bich the account is made up ana 'n' 49,, Cor
dnr,nr that year and not the interest," 10, the
the year which, as IN the present 'a' -
'Ho ;I.o,a bonds are steadily increasing' man
s'oeAs JIM .errco in the result. In the follow
ing statement the NV i''" 5.aIa,od for the
SUE vcore. the interest item Is ui"u0
- - 90 in the cOmpanys s'1'0ni'".'
-, the amount of interest due January -
go - .bo six months ended December 81 1851
-. c9OO 600 more than the same due Jahu-
- 1851 and credited in the companys STATE
~, The following comparative statements sno"
~ o,,orage number of miles operated the mites
>,Dod At the end of each year, and the results OF
the years business 80, r.r.,oncos
Miles $50. o. r92 SaS GEned s775 4217 Inc. A2
A7sr,se mile y .ea Sper 1928 $3.50 Inc. 9o7
Earnings from transportation.
,or,. q ss4227 slIss4.5e6 Inc s3eo 5000 go
fa..snsrr. i6IssIG i9ois77 Inc i5s.ss6
sIxo56II5 sI7O25,462 Inc. s3,939.s44
Add
1s: i1sn E' 'a:o' s i53 Pc . }'3
ErOm 4an saAts--- -
Total reesip' from 4o4ls sl76GO77O Inc 81 250S54
DEDUCT
Operating expenses s77l242G slocl79sl Inc s25755O5
-. g5Gc7,ggO s7.342.sSo Inc, sl,G7ls4o
Dedu,t paymts-
Interest paid each . 90 9x9 4I27 $50 Inc I29O,O0s
Skiing funds....... $1,000 ----------- Dco' o-,oOo
Total frs, charges 999i88s5 s.I2ess9 Inc sl2o9ooe
balance sg-74s.0J7 sS,2l5,45O Inc. s465s4s
DIVIDENDS paid and
declared Tor las. 1e422s7 22lOsl7 Inc. 9ess8O
-. .u-,,ns sso7 $40 slO0is3S Inc. sl97,4G3
Years surplus ~''''
The items in the above statements, premium. in
<erast etc. - are principally premiums received on
sales Of new bonds The years business for 1851,
II the interest due January l. 1852 instead OF that
maid January l. 1851. was charged, would show
smaller Surplus than that of 1880 notwithstanding
the receipts Of S311.l96 from " land sales The
earnings per mile of road in 1851 were 81. 40 %
AGAINST 81 40 95 in 1ssO-a decrease Of $3l 66.
The following statements are exact abstracts OF
figures from the companys balance sheets at the re-
spective dates: but the bonded debt of the COM
pany covering the 42l7 miles of road Is $l.lo9.745
more than is given in the balance sheet OF Decem-
Der 81. 1851. as is stated on page 10 OF the COM
pany's report:
CONDENSED BALANCE SHEETS.
December 81. 1ocO. ISL LllerehCes
CONSTRUCT acct,
3.-7i miles ~
road and - 800 -e z..