New-York tribune., 1886-11-11
rHE RAILROADS IN THE AK
xru,r THEY HAVE DONE IN THE LAST 1EAh


.xvr.r. MEETING OF TBx sroCK'o
OF REDUCED RAVES.
., reet;up of the stockholders OF the man
-. p,lx.v Company was heid NJ 'ne COMPANY
go A No. II Broadway yesterday i""o voc
su .,,eoaance and the vote tor officers amoun'o. "
o,s1o shares out Of an author'zea shA'. 0"p''"
zoe oso ,oD There was opposition 10 'ne re-e'e
.;on Of the former dircctcrs whose acts were i"ln"
a W. a hv q unanimous vote. One stockhoder i"-
,,red as TO the truth OF tue r'mors about tue eAh
,,c of the ipes the terres on both RIVERS ou. 'ne
WAS no prc,ongea discussion OF the suoiec' WIS
800 tbs. p,ans for such were under con-
,asr.,;cn bu, that the details ought not TO pe m"oe
t,o,o on account Of the presence of newspaper re-
-. c~r,. W. Field. who presided at the meet
ing, said;
:, "a intended lines from the ferries on
the and West 81 ts 60 Sse. % ,a % What acton has been
taken np as there are sene mat'n,s @ @r sn oe
toward perfectng the success OF such heasnr~
resolution was adopted unanimously declaring
that IL is the opn on of the stockholders that the oper
.,;ons ot the company should be confined to Mammal
tan Island. Statements OF the business OF the COM
many for the year ended September 80 and for oc'o
her and the first seven days of November were io""
by the secretary and applauded by the Persop'
present The report OF committee Of s'ocf IL u',o
appe ented to examine the companys affairs was reao
il was follows:
Wy ..
To TIE Ereetius cOmnafttes OF tAs As"@4"a" "a'"'v
ssT q epc%s HSsans S'eR ss @
and as rssS Of on september
30 1885 beg respectfully TO rest as W accoupts "a
a.y ssps oc the and sg Of s"s1 e
Counts a. the daily receipts and payments 0
aSs ssse the september
ewn on the ledger ind thai the same correspond "
respects ,... ..., nm hand IN that day and
.ens e.sc,y with the the balance sheet
the .TSsa sSss @ So%anss ,ns As
been and the am.n orr ss VIII"
S@The Of th vaTsus pieces Of @ rss ss'ase
y been s own mn 70 u.s. and in the ssis
books ss1Ss ss, ss 1 M ss rss @s ss tn;
tsD wnS% ssSs s
parfments and their statements o. supplies 'S sam
% Ss @ sss nn nn = Sss
VITA tae amounts charged 70 these S0'0u"'' y" WV
s SssssSsi % L:
Ties which is ooiuiy saSmii'er " % rrsssa Pss " '
report !" BhRSFs
FkKDKRicK K DAY.
,s ..o,,t. n, earnings and expen- for the gear
enaed SEP emurr 80 1885, show tue foowns result:
aross earnings ss seo eI 81
Operating expenses ----------''-
Nc, earings ngs.......................... 4teozi ~
1n.ers.. on bond. and 81 81 sss .ss 2s
structure and personal @fso9 20
Deduct per dividend declared TOT the eo ooo IN
--------'- Ao ~
Remaining surplus for the year. sss. osl o.
rr, .,s,-,,snt of passenger traffic Tor the
tvo lasf years foilows
yes, ending Year ending Increase,
sent 's6. Sept 30 80. 'S6 over 80
Second Avepue-- ZxISt.2ogVo zoo zoe 25l t64
Third Ayenne-- AS aS1 10y 1 963 Az
n,,. Sn, v.nus 2lg64S6 l04l640J 1,7SO.O3l
Total, l7slos5al lo$ sse 7ss j *. 80 fss Sss
rasssnprr r. carried all lines October lSoo.--
rrleda
increase October 1886. 'oooofo
Tho stecr of h. ieiucuon In fares was shown by the
o.ss nv-r trsc receipts OF the hret seven Gays
Eoyember. 1855. and November. 1856:
Recepfs.
1., sa,or aavs Soversber lS4sO6 s5G 740 30
Frxt sey IN DAYS 1852. zV4ocoi los o' ""
,n.roose 1896 .............. lO85s55 s2I95s 80
Average day first seven Gays 80 o,o 900 90, ~
Average per day first seven days oao ,o- ,oosk 90
November. 1885 ~o-1V' $500 -
.-.r. ,ncrsa.e ,er dav l55 l22 9lS6 l8
Tn Iss5 the fare was i've cents during six hours OF
sach week day for the remaining
bonrs: on sunday nve cents all day In lSeo me
1rn vas Ave cents hours day aud night over all
the lines r.r no,h 7 piernont
Morean r. NJ Gailawrv. Cyrus W. Field, kusseli sage
Jnhn m Hall Chester W. Chapip. George j. Goua. ou-
~ S D,Iiou samuel sioap Edward M F1eid, Simon
Wormser ana s. V. White