The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-02-06
THE CENTRAL'S EARNINGS.
An Excellent Showing for the First
Quarter.

Receiver Corners Second Quarterly
Report Filed With the Court Yes
terday - Earnings of the System
Ahead of Almost All Other South
ern Railroads-The southwestern
Good ShowinR-All the Roads but
One Have Made Net Earnings.
Beneficial Results Expected.
Receiver Conner of the Central railroad
MED his second quarterly statement of
the earnings and expenses of the Central
railroad system with the circuit court of
the United States for this district yes
terday.
The report covers the period of October,
November and Deem Der of 1898, and is
dated Jan. l, 1894. 1t takes about a
month, however, to get together all the
figures from the various lines and depart
meuts of the system, and the report was
not ready for filing until yesterday.
1t makes a good showing for almost
every line in the system, the only one
showing any deficit whatever being the
Chattanooga, Rome and Columbus rail
road, part of the Savannah and Western
system. This road has recently gone out
of the hands of the receivers of the Cen
trial, as the bondholders have asked TO
have IL foreclOsed separately, and Mr. &.
h. JONES' of Rome, has been appointed re-
celver. All the other lines in the system
show net earnings for the three months,
ana many of them make most remark
able showing considering the condition of
trade.
THE MAIN STEMS EARNINGS.
The main stem has done unusually well
during the three months, its total earn
lngs footing up SS43, 8941l, which is get
ting pretty close to $1,000 900. The ex-
penses of the main stem for this time
were S4l7 667 81, which leaves net earn
ings of 1926, 227l7. This is the best three
months, showing made by the Cen
trail at any time since it has been in
the hands of receiver 1t will, no
doubt, have much weight when presented
to the New York interests, who are con-
templating the early reorganization of the
property. The total net earnings of the
main stem for the six months ending Dec.
81 were S53S, 625 "a, being nearly four
times as great for the second quarter re-
ferred to as for the first.
The Savannah and Western railroad,
composed of the Eden Extension, Buena
Vista and Ellaville, Columbus and West
ern, Columbus and Rome, Eufaula and
East Alabama, Savannah, Griffin and
North Alabama and Chattanooga, Rome
and Columbus railroads, shows net earn
ings for this entire system for the three
months ending Dec. 81 of SS7, ISL 49, OF
these lines all made net earnings with the
exception of the Chattanooga, Rome and
Columbus railroad, which shows deficit
of 1895 II.
The Montgomery and Eufaula railroad
earned net S6,502. l6, and gross $63, 240.S6.
THE SOUTHWESTERN AND OTHER LINES
The Southwestern makes, perhaps, the
best showing, comparatively of all the
roads in the system Its gross earnings
for the three months ending Dec. 81, 1898,
were 1855, 1887, and expenses $3.50, $50. So,
leaving net earnings for three months Of
S175, 1S1.Sl. During the three months
just preceding those, the Southwestern
earned net S67, 1907, or a total for the
six months of S242, 1872, rs.
The expenses of the Savannah and At
lantic railroad for the three months were
deficit.
The Augusta and Savannah railroad
earned net SlS,17S IS; and the Mobile and
Girapd S27, 43l rs.
The gross earnings of the two steam
ship companies for the quarter were
$500 81 and the expenses 1856. $50 "a,
leaving net earnings for both lines of
$l35 436 49,
The net earnings of the Central Rail
road Bank and the Epson County Rail
road are included in the following table
which shows the earnings, expenses, and
net of the combined roads steamships and
bank for the quarter: