New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-28
RAILROAD INTERESTS.
STATEMENT OF THE ATcHIsoE.
ABSTRACT OF THE REPORT OF THE DIRECTORS
SHOWING THE ASSETS


Boston, Jan. 81 spcclaD.-The directors OF tue
Atchson, Topeka and Santa Re system have Issued a
spccial financial statement for the eleven mohlnS
ending November 80, 1885. When completed ei'
report viii mako large volume, and In u WIN %
given for the first time tho assets of the company
which havo never been stated. The following Is all
abstract: %. -.
Gross earnings from operations s14 4sS 90 operat
ing and general expenses (0T7 per cent? 10 ~
net earnings from operations 1928 per cent? s4o2SooS 90
to which add receipts interest on bonds Of railroad
companies which owned by A., T. ano ,. =, " ~ Oo
and used as collateral A. T. and 5. r. II H. Cos col
lateral trust per cent bonds s5o5s92 90 total 60 1877
zoe ~ Direct nxed charges-Interest bonds 80 1885,
o1a 3d. interest on bonds as rentals el46e 25S o0i
total charges on interest on ponoA SS,6H,-
300 o5; interest guarantee notes, SSoOoi
axes s5es 1875 70 sinking fund requirements sso22iS Id
tot, axed charges sl513246 80 net profit OF the rail-
road SOLO $50 "a; add receipts nom other sources
sAe 600 50 profit Of company sl00e0oo 90; deduct
FOR dividends declared applicable In Tie period eleven months
To November 30 s2625oo0 oo deficiency for the eleven
months 10 November 80 1885, s1ooss99 % abstract OF
GROSS and net floating debt as Of November 80 1888 lex
Guiding auxiliary companies accounts accounts payable
dua TO companies individuals etc. IN current operating
and tramc accounts, s2.o4e,s0e 90; bills payable,
ana trac accounts s2049.9 6e 66 bills payable. s44se
$40 30 bond interest coupon, due December and past
sue. s4eos7o So dividends past due and not claimed
s5o ooa; scrip certificates issued not yet presented
sf95; total on accounts payable, $780, 7o So. For
aeorung obligations pertaining operations OF the period
but not due payable until future dates. VIZ interest
on bonds guarantee notes and rentals, e1,02SS75
taxes balance unpaid, s4o4 se2 81; sinking fund re-
ouirements s1290 e5; total for obligations ETC.,
n 5e282T 90; gross debt originating in the period
q eI38 800 "a; Offsets viz accounts receivable; due
from agents companies individuals. u S. Government
and other operating and trafc account s17oe-
96s OF; bills receivable s2140.S42i cash on hand
Ell 10000 al; total Offsets. sS467,412 SO.
The net floating debt is s5,is5,so1 ~. Tho COM
pany had on hand as Of November 30 material and
supplies 10 DO used In operations amounting In
value to I,523I16 OF, which had not been I'm
cludod In above, but should be considered as that
amount expended toward operations subsequent 10
November 30, and hence Offset to require
mcnts to be then developed. OF the guarantee
notes subscribed for, IN amount "a 100000, there
had been called to November 80, 1883,
100000, leaving balance at that date OF
income surplus December a. 1857, was
s7y0A0.622 %. Doductine the dividends paid and
Including tho profit from operations after fixed
charges had been taken into account, left thsm not
general income November 30, 1885, Of s6,86I.-
Dee "a Adding 10 this receipts from mortgages
and funds of various kinds, lett them November
30, 1888, total general surplus Of 90 500 633 80
The total net deficiency OF The company for the
period Of twelve months 10 December 81, including
The actual figures OF November 80 and December l.,
estimated, Is 81, 40a, 900 o. Statements TO Novem-
Der 10 and appro1imAtes for December % the
auxiliary roads OF the Atodson system exclusive OF
those owned Jointly. Will show that they have
failed to earn their fixed charges by about sJ,ooOotO