New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-11-27
FRIDAY, Nov. 26-P. NJ.

FRIDAY Nov 26-P NJ
Tho abatement of the Lake Shore and Michigan Southern
Railroad Company Of It's business Tor the tnreo o'"'
ended september 80 1885, which is printed below makesa
remarkable and an unexpectedly good showing OF results
We COMPARE the statement with those OF the correspond
ing quarters of 1885 and 1884 Tie surplus ior the quar-
ter OF this year S4O2 600 greater than for tht OF 1000
rd 36 900 greater than for of 1884 We use the
present statement make up the companys business ior
nine months of its current fiscal year For the nine
months there surplus 81 Oi9OOo greater thah ior Inc
same period of 1855 and $4,000 le hio
months OF 1884 The surplus for the nine months Oh
this wear Is equal 272 per cent on the stocK Dut VI .
over go per cent earned IN the last quarter ino
for the three quarters of this year have been as
follows: Quarters ended March 81, S33Hi9'; enueu
June 80 $233.575. and ended September oo'
For the last quarter OF 15S5Ocober to December OIL
tho surnIs was S67I 2l5 There is reason TO question
the that the of the current quarter 70
end December 81 1885, will prove TO be fully equal Ia re-
suits to those of the last quarter ended september 'o
in the statements the three quarters OF this year u
first charges do not include the requirements OF the Sink
ing funds the surplus for the nine montns Is leue
81 1877 500 from the figures printed
The renored gross earnings the third week OF Novem
ber now nearly complete are not making as iaVorapio
comparisons preceding as have earlier reports
This remark particularly applicable 10 the reports
of roads the Northwest ST. Paul came Ill WIN
for the week of ll7479, nearly 20 per cent NORTH
western with a decrease $4,000 IL p cent ana
Omaha with decrease Of $l220O OF per cent "na' %
Of more importance the decrease from the week OF
1885 Is that the earnings Paul and
smaller than they in the week OF 1854 despite tue
large increase in mileage OF the roads IL proDaDy Is
mistake to ascrbe whole OF in earnings 10 the
recent storms There other reasons why they are less
than in 1885.
Today's stock market largely made up or dealings
in Reading and Lake shore stocks both were strong ana
made material advances The reason why Lake shore
stock opened up per cent ut 80 and further advanced
TO 09io is explained by the companys statement Inc
transactions in stock amounted ooyer oil shaes
Reading was dealt In TO the extent OF 100000 shares
The bulk OF the business done at 42G424 Dctore
1905 o'clock and l7sa42ss 1t was not TILL aftcr Zlo
O'clock that the price moved above 42a ana theh
was sent jumping up to 43%. The large business done
early within range OF q per cent and particularly
| the late movement, did not seem 10 De the
| natural result supply and demand, although
IL was generally understood that the revised scheme OF
reorynnlzation was made public TINS AFTERNOON
The question which buyers OF Reading STOCK nave W
ia nj IL Immediately look cheap AT o3A assesshlen
paidf Whatever strength or stealness theIo was ~
ihe general market to-day simply the rehecton "
the special movements in the two stocks naleu iht
eneraI market closed irregular, and except IN TWO o
three Instances 1t was little changed from Wednesday
| figures. IN -. ALL s,,s,r,s for th,
A. and los advanced cent Annexed are INC cIoss
| quotations: