New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-11-27

Gross Earnings. 200
a9 Tsai f2as1 Sept 2ss eaa sls
r9a - S Sa5sii 5Sl 9.55s 5s9sTIs2s
Eiisss:n.5a. 555 $sS s $50 '5
Total 920, 5G7 $50 s272i7 900 s27, OO4,4O0
leased ines ines t Witch 1 ars
aye ' Of ePo, dsiaDs' 2a575Oi 2a8517o asoo 1873
Gf rsse Eric f S SSg X Xs!S.
ein Company l 9lO35s s24 s3cs so' $685. 7a
cqaqncrs g Ss7 80 81! sSffF11ss9
S $:#R: 4: i5: ;455s; i5si:
Total 800 G7s sls.Oo347o sl7,s5'425
Net Gangs from rac s6si0 0s5 sc 500 $50 s674o sts
Nf fom other 5'"s' o'oo5o oa7sn 1O7o5O5
Total net earnings 2i3 g! Il! s Isi5 s s5
Deduct int st.rntls &c. Il5S1i4 f'o-oo'o 800.
su,ru. s60i. 799 s72ssi8 s774776
LAKE SHORE AND MICHIGAN SOUTHERN.
This morning we printed the oficial report of
the Lake Sion and Michigan Southern Rail
road Company made 10 the New-l ork State Com
missioncrs for the quarter ended September 30,
showing net earnings for that quarter OF over
nor cont on the stock Combining that quarter
with the rcDorts Of the thrnc previous quarterly
reports gives the following result Tor the year
ended September 80. 1889:
Year ended Sept. 30 1850 - .,o go ,ez
Operating expenses ll'oo44'-
Ne, earnings from 81 oSs oIs
Other income oo'.
Total income s7S73'3SO
First charges - 5 559 0 0S9
Deduction s4.5l2ooo
surplus for stock. $50 per s2S6l5oo
The net results Of each of the three quarters
without allowance of the proportion Oh ti,e
| annual requirements Of the sinking fund Wore as
| follows Quarter, ended December 81. 1855
ss0s 1922: March 81. 1852 si96496; June 49,
| $50 SG7G. 500. and September 30. lss9, eI'lZD-
| 9l3 There is little doubt that Tor the currehu
quarter fine net earnings viii exceed those OF the
| last quarter giving net earnings Tor the caf'ndar
and the com pany', fiscal ve,r Of over 6 per cent
| thus nsuring an extra dividend lor lne quarter
| Of ! per cent, or > per cent Tor me year. g.
| The Union Pacific comes with its report Tor
October for the principal part oil us me S1oWiis
"a gain in net earnings for the month OF u yJ''ou
| or nearly ] > per cent. toward Whlch inc oregon
Short Line and Utah Northern made large COT
| tribution eJ ..
II is IN the face of such exhibits referred 10
above made at the tail end OF depression anu az
| onv the beginning of improvement thau lHS
| bears at the Stock Exchange continue 10 poun'
away at values II i not at al from phllar,
| ihropic motives that they do this, nut necauesg
| Of disposition that has seldom been wlthHs>e'i
before at the Stock Exchange. me uhllsuei
| Departments has been a godsend TO the pears
ana The wisdom OF me nf tbe wreckers Of
general stocks and the insiders Of the t@lSt WY
ae grateful for tho opportunities aHorueu - od
the lambs We arc asked TO say 5ood worn worn
| for the conversion of the On, .od
lOf Trust INFO regular Incorporated
company. We would bc glad to 90 SO IL w; W.
had any definite information to warrant our sly is
ANYTHING favorable Of it. whether IL rtIIhll2
a Trust or is turned into an Incorporated Goi"ldaS
IS Of littlc Consequence compared WIN o,p
ton, Is or can it be money -lhakihS ton he
We confess that. after beng decel'fl 80 - ~
official repo~ts we now have no confidence Ill
any Cf the statements put 1oroh ,r,ort
The concern can he under the SINE hu'lld .r','nV
as proftab'c * a trust rs il can he a. corpodlo
We do not lose sight of the TACT th%' I'M can
trust or an incorporated company, 9eloie !. o :.
ho regularly listed at the Stock mAc,.'N7 lint
must make an official statement statement W.
will pass the committee on securities. -
do not know that there Is any lhteh 'Ioui ~, 81
the transfer from trust 70 TPpoI"n@e 70
make an application 10 the Stock tAchhge ~
list We do know that it has been ar'er!ft!u 'i,t W.
repeated and printed that cotton OF II .Int tho
onehalf the price OF year cav Is'b cber than the
price naid a twelvrmonth ago Every trustee
of the Trust knows this 1t IS an impota o
in the value of the certificates lu w. ~. mo siIcnt
who can state the facts in the case gre S'' th
When norl, and lard are low me
price Of hogs declines. Gentlemen Oh vnn
teeShip and of the stocKh1GIut zinc is Entitled
the holder of certificates nj ttlS 'n' %
to all the knowledge You POSSES ,o>c,-c
WHAT WAS DONE IN sIoCho'
Today's general stool, market was no dn eren
from those of preceding day. 80 lnr 81 eeorts
lation was concerned All sPcumuNc I'LL Ii
zero os usuoI devoted toward depression, VIM"
tL,t or,ot ultimate factcr IN the matkel. lne
.tcsdv and ouiet absorption OF stOrkN anu III
tracts continued on its onward course WII,lput
.utcriny into what in the Street would e caIleu
hnIling of stocks. Let any company come out
LII an exceptionally good showing, as, Union
Pacific did today, ana II "
doc, not Immediately respond ny q
- of speculative buying that i the stock the
= bars will make target of, They dld II To-
dav i'm Union Pacific. and sold II OF - per cent
IN 90 a The attack on Atchlson also was con-
tnucd. and II was sold of / = per cent from
The early dealings, while the deliveries OF yeSicr-
dav's sales Of the stock were poor and irregular
Orr con Short Line was held below % Dy the s'les
of room trader, who yesterday morning dlsc0 5-
.rcd that Tie broker who Is SUPPOSED 10 "cu Iol
o,,o of the heaviest holders had sold 300 shafes
at 5sa5s Ia still the stock closed % per cei,e
Md above his sales There is lots OF money IN
ort sellinc of dnIl stocks particuary such stocks
az Oregon Short Line and Fort Worth ana DehVer:
I}nt IN whom As final desperate effort, MISSOURI
Pacific was raided is per cent 10 % l-Z Inc
movement was sharp and quick. iollowru 10y q
slow recovery Of 5-s per cent The general market
ruled dull and firm, hut 1t was open 10 any
efforts. born Of desperation that might tempo
rarilv he made against IT, Inc oulk OF the
present outstanding short interest was put out
during that recent period only three or four weeks
ago when all the Western news !? given TO the
Street through Wall Street agencies fOretold the
greatest railroad war OF the eentury-when the
traffic agreement between the Union Pacific and
the Northwestern railroads was said To be ths