New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-10
RAILROID INTERESTS.
CENTRAL AND HUDSON REPORT.


WHAT WAS DONE IN THE QUARTER ENDING MAN"
31-A BAD SHOWING.
Tho norterlv report of the New-York Cen
trail and Hudson Railroad Company for the quarter
ended March 81 1885, which is prepared TOT the o'a
Commission ers makes extremely bad showing So. "
is fully as favorable as was anticipated py per'O"
were cognizant OF the character OF the business o
The balance remaining for dividends by the company
method OF bookkeeping $470O06 or 52-loO OF per
cent on the stock. As dividend OF per cen' "nS
declared and paid deficiency OF S424'ZF
was created which, however Is $4,000 less thah Inc
deficiency for the same quarter OF 1884, WIG" ' co.
pgs were equal to 22-100 per cent 81 the STOCK A"
dividend of per cent was paid Compared VII" 'no
preceding quarter the gross earnings show decrease Vi
SsA7 947 and the net earnings decrease OF S9ZZo'
The following compares the result OF the last quarter
with that Of the corresponding quarter OF the
preceding year;
COMPARISON OF QUARTERS BUSINESS
Three months ended March 81 ,sos ntGseence
oro.. rnns, ss7s 100 So SSSs2522 Doc s39sS5d
oRsES,ns expense: ana 42isss OO79io Dec 21677
Net s5 SSs R T%s s'sG $3.50
Deduct first cha -ges..... 3 5000 I49,oOO ipo' w
Bsl,noe dividends 1919 Dec Dec s. sg $'s
Deficiency. s69I, 86s Sl24s,7
.2 per cent II per cent
The earnings of last quarter were ed1ai , ony NJ
D,nars the results of the first six months OF the com
pSgs he ISsinrd that both for the last quarter and
for the six months the amounts reccVeu hh1 l a"
respectively as last year. but the excess OF payments
over receipts being the debit balance IN the as
been cl arVed TO operating expenses. ibis change
affects the amounts OF both gross receipts ana operating
expenses and makes tue operating expenses sho"
greater ratio to earnings but does not AFFECT the net
earnings:
COMPARISON OF HALF-YEARLY business
G 80 to Mar 81 sss4a Dec sS5ssas
oP Su 5l2s expenses saOoOos 7eoso2 Do oeosol
Net earnings. - s5.724O27 si,sS2OoO Dec. sSoioS7
D s sso' m:. '"-i. 27ooOOO 2.os6ooo Inc l9'o-o
Ss9s. paid s ss3 Dec Dec .S2
Deficiency sG43IO5 sSss6l7 ...............
a per cent aper cent
While by the foregoing showing tho net deficiency for
six months after the payment OF zig per cent Is only
SsS86O in the net floating debt and on March stood
al 81 OO5 200 It should be remembered that IN August
bonds wiped ont its tnen existing floating debt, 80 mat
September 30 1t practically was nothing '9lioo2o
sheets of septemper 80 1884. and March 81, 1885,
aud the floating debts Of the respective daes:
COMPARATIVE BALANCE SHEET.
Assets sept3L 1884. Mar. 81, 1885. Changes.
"S eoupme 8 sI4so5al4s sl4596sI 5l Inc $4,000
7t Ger r Sa@p MES s24lo2o 3.iO9s2O 10000
s steo .s-' 6sos62s Gs76lls Inc. G7,4o5
Due o, A1oD'' anu s,72slso 8Q229l6 loi7S6
supplies hand oaooo, ,,ooc,
sept 30. lSS4 I,3S5,3ol I'9Ho'ooi ''----''----
H tins On sccount 6,72e 9lO2o Inc. si.3O3
Equipment liar ,o,oo. IN, 90.
10 Line .---..- fOitoSa 'V'''"~ '-'''--'''
Taxes tal over
proporn char % ~, o,o, or, nm
$aSS Pnn io8 S'Sl9 b bSs 5 5iSG
Totals. ,52S569 sI692HA9o ..............
Liabilities.
1898 1894 Differences
Capital stock. se94 2H.300 S-842 800
Si debt.----- OO45f'-oo OD.fV''~oo
Bonds and mort
on real es-
luBoED Iu1.aNV
Past due bonds.-. 1850 1889 Dec. 2,5OO
Interest or funded
dc. 4 accrued and
un aid div-
dends unpaid. SfZ,S1 ob0fO@ bec. 4'9'"
D Supplies iS esc l757ss6 2O7952s Inc s2l.cs5
Due other rOas, o,o o., , IN, ,oo -. o.. ,oa
Profit and loss. 12.os o5 ll5ol.3GJ Dec sl2l-oi2
Total ........ sl62 $4,000 s1G2,2ol43O
COMPARATIVE FLOATGNG DEBT.
sept. 80. March 81,
cash Lidbuni>s-- 1884. 1850. Changes
sh e. 49,. -. s3e94es2 sL7645So Inc s769s9s
on C. a IL. l.3I,424 sol.2s3 Dec. 447l4l
TOia......... S5,5o6o5e s6.G6s.5IS Inc. sSZ2.757
| (1sH
and others o.. s372s1sO s3.9229I6 Inc. sla4,7SG
| Cash on hand i4JlZ2O '7Sn637 Dec fO",o75
Total .......... s5,2I94OO sl,o53558 Dec s5O5,si7
NetGoatIng debt. Slle656 sl,Oo5.2Go Inc S5Ss.GOi
.Incsdes s251.olO for Overpad taxes.