New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-10-15
OF THREE YEARS.


Years ended June 80 1888 1884 1895.
Miles Of wire ....... 43!,725 l5067l 4o22S3
Number OF ohlce,... 1917 l3,76l 1874
eros, revenues" si0.73i9o5 sI9G329ao si77Oo,854
ica s lnes eic ll794553 Iao296O4 l2Oo5olo
Net "proats" ..... s7G6O,55O $C0lO430 s57JOs.4
Deduct-for interest
and sinking fund 4Vb,SiE 0I-Jtl o3J,"tJ
bividesds pai.... G5iIS$t JS5SOi7O ei5S0,525
Surplus Of each year. $leI.3I4 s49S9IG sl6e.53G
a6%pcr cent b7 per cent. e6l4 per cent.
After October l, 1881, the company changed It's
methods of keeping (of which due notice given
at the time by which tho usual quarterly charge Of
$500 900 to $4,000 for construction purchase
lines patents etc. was omitted and carried the
plus account The surplus which has accrued by this
method-from January l, 1881. to June 80, 1855
amounts TO 432i0l1 II has been disposed OF az fol-
lows we quote to-day's annual report From January
/, 1881. to June 30, 1888 S63690i5 II expended
for construction and purchase Of ncs and for tce
graph and telephone stocks real estate and other new
property. or his 81 229.9l5 % expended between
January and September 80. lSsD, were appropriated
ont Of the profit, prior to October l. 100000
were provided for by that amount OF bonds sold and
$i32i 004 IA have bcen advanced fslnce October !,
lssD from the surplus june 30 1s75" The company's
report calls for tOta urplus ~ So 7G222 hut the full
amount is invested and Is cOntrbutTy TO the cOmpsnys
pares as follows June 80 1853. s59GI2oI. June 80,
1854, S6.92i. l93 June 30, 1855. $G,s74,ss
The speculation at the stock Exchange does not yet
dent and the temper more buoyant than ever sin tho cir
Gle traders has widened little II The business
done which I'm stocks to-day gated 500 3O4 shares
done principally by the lass OF brokers who in
July mOnOpolizcd the lions share OF tho 100000 TO
100000 shares which then were done daily. But those
operators who trading in their 800 10000 shares
each lay rolling lp large profits by the nsurrs made
the tape. The circle Is yet uubrOken and every seller
or stock st continues 10 repurchase at higher figures
than those at which he realized his last profit visit
to tho general bond department reveals the same
diuoDs as those which rule IN the share market-the
things sought after hgEprccd Investments, but
the lower classes which nave margin Of profit for tho
speculation. II Is almost Inyd.Ous to mention
two stocks ~ features in market where all nearly
all bnOyaHt as they to-day. But Erie IL
worthy of special notice because with transactions
amounting to $4,000 shares IL from 1853 70 20IsU
20. ST. Paul and Northwestern, without extraordinarily
large transactions for Them notable fayorte and
Lake Shore with advance from ~ 10 79lsg
7S. not far behind them. Oregon TranscOntineuta
also a SPECIAL fayOrite and Richmond and Danvillc
and West Pom! with moderate business made sharp All
Western UuOn fell per cent from its opening
price on the companys report Pacific Mail opened up
= at 81, and declined TO 52a a521s Desplt, official
deRias there reason TO believe that the relations
tween the steamship companies and the railroads are
strained. The market closed quiet and firm at some
thing off OF the best figures
Government bonds were in good demand and the mar
unusually strong with the bids advanced is per
cent for the 81 y cent for the 49, and per for
the 4l2s. Annexed are the closing quotations: