New-York tribune., 1890-05-29


The annual reports Of the Pacific Mail Steam
shin COMPANY for several years have been notable
princip,lly for mcagrcncss Of information. To-
DAVIS rcport for tie year ended April &c. 1890, is
NOT an exception 10 the rllc. The figures sub
n!ttcd of earnings and expenses compare win
preceding years as follows:
Yea. ended Aprl. 80 ls5s lisp lso c,-
orr; Ink r,'s,l nc,n.e sos.i5 sd55ai5o 5s;5ii
yo, ....... smo42s ,i9ls97 s5lc5,,
These figures do not indicate any allowance ioi
dcprccia,ion. although thcy DO include an item
ralIcI Extra Repairs. which last year amounted
10 Si5o,Goo.
Tie cash assets are stated as $673,i0j, less
Liabilities of Sls7,496; net cash assets >I-3""'.
The presidents explanations such rs they are, Will
b. found in our local column. The result Of tAe
DAY 5 election shows that the control Of the com
pauy has passed into the interest back OF 'hc
southern Pacific Railroad and The principal o"n-
crs ~. tac opposition China line OF steamships.
II investors on spectators scc any reason III t"chc
figure, and iac,j To purchase Paclhc MaiI STOCK
at - 81 thcy probably VIII be Wiser before Inc
end Of The year.
SOME ITEMS.
The Ncw-Yori Lake Ere and Western Railroad
Company Aprll report i "a gratifying eAhlpiI
Ihc HguTeS SHOW tie largest gross and net earn
ines tor any April In l--., tie gross, then
tie largest, were S2,O4s.107, ana the net Sjo7,-
-: now the cross aIc Ss,3ij,'j' and the hct
Sj54.J3j. For the seven months ended ApIii
10 the net earnings amounted 10 S4,Oi',b4I,
U nich, allowing Tor Ih" usual other income, Wa
Sjt1oOO ~ excess II seven months first charges"
c5i.ooo more tnan a scar di' !dends Oh the pre-
lrTTcu stpch. -
line report of the Cleveland Cincinnati, Chi
caro- and -. Ioui, ior tdc month pl April, addc"
20 the monthly statements OF tac preceding hlnc
months, shows net earnings for the ten months
pf over ! per cent its common stock. AS
.uly IL per cent was paid III dividends for iIe
six months ended December 81, $50, At IS reason
able 10 expect that the July dividend Of dividends
vlu ln. 80 lras' - per cent
The Chicago Gas Company has an element IN
il, board Oi directors which II cannot too soon
lie rid Of There is no longer room to doubt that
u,uch II not all the litigation against The com
many is inspired and directed by one of It's man
ascfs for Speculative effect We refer - inc
author Of that story about Il letter from lnc
Atcbi.on. Topeka and Santa fc 10 the Missouri
Pacific giving the asj-namcd company twenty
lour hours 10 restore passenger rates, etc, e'c
No such lctt'' was ever wIItjcn or 'housn, v
,tll stS in Chicago brokers' Office all day, con
trolling railroad news sent out by Chicago re-
portcfs. 81
thn Western railroads had signed an agreement
10 restore passenger fares 10 normal figures. VI"
believe the report 70 be true, bat il is not OF
mucb importancc. Thirtynnc railroads have
rcuoricd their gross earnings for the th.rd week
in Nav Giving an aggregate of S3,2lG, lA-a
gain Of Si5l ,6jl, or over 10 per cent nIrS on ts
,yccls Of 1859 and two othcr5-one Mr. Holid
Wobash-havc reported an aggregate Of $500, o32
- ioss Of SSl. .O45 :, or less than per cent.
TO-DAN'S STOCK MARKET
The volume Of business in stocks at the Stock
Exchange to-day amounted TO 5l4sil sharcs'
oooust ;gl 900 shares yesterday but the increase
Was largely due % the unusual business donc IN ln
two Specialties. Sugar Rcdneries gave SQ,ooo
shares against yesterdays $4,000, and Chicago
Gns oovc n coo shares, against Yesterdays ~
o"1 H., Generally there was a broader market,
with more general dealings Yesterdays 3,te la,e
INTERPRETATIONS and dctions proved eApensiyf pa
IInE Ply ~ or Wy %cmllihes The market opened gen
erIlv ot figures higher than last evenings closing
ricas and ruled strong all day. with further ad-
pl 10 - ,;u I'm the last hour, when Chicago has
mnGe break of per cent on the report referred
n,"c ,n obove' Sugar all day developed a declhihS
.do,,cv but that was without eject on thc
'cnuraI' raI market till il Joined with Chicago 'aS
senrous, sEri IS it nctana made ,"dde2 W, break N",
from IS TO So against s6 last evening lc, nT thc
%ereraI market closed from IA to "a per cent
higher than last evening. 10 what extent 'he