New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-05

J i6I SIS -
Icss amount received In settle
mont Of sundry accounts...... 2'tca' :"
! rslsnce - credit Of profit and loss Deem
boz 1924 90 ''-
Tho lsincss depression which prevailed throughout III"
,,-, A. .he close ~ 1904 continued with even greater
severity the past year and IN" REELECTION q" ""
o,ns,auent thereupon stimulated IN" shhip"S' '"nV''
that ma. probably taken place between the trans
,rtoon interests the country. and required mo most
,s.rva,lve and economical management Ia order - 'e
cure even moderate returns upon the 'api'a' invested
Under such circumstance fhe results attained HS' d"
considered satisfactory after providing FOR al ne ''
legations NJ COMPANY. and paying cash dividend ="
eye r.r cent, there vas credited profit and loss an
amount nearly equal the surplus carried 10 tha "''1"
! in preceding yea.
There has been heretofore carried vow halaA"sh""
. .ho credit do, PROFIT and Loss the greater ior
! ton ~ the large hat hav" from time - nm"
heen expended unde' the terms - ~" i"a'" upon prop
.,,es ~ tho riiel Jersey Railroad nni CANA "
many md the Philadelphia an Trenton Kai1ai tom
,, md re,-esentine ihe important Improvements anf
addition. that have teen made thereto sim" mes p'''ei
! under your cpntro,
,oae- his ieas~ your Company no' entitled % f-"'"
o,,,.- stock up bonds outlaws and ~ arg"
amour, - ,> per tonis - 'he Tinted Ne" Jersey
ia lroad and Canai COMPANY maur"d during -" ~ 'H"
pavnoni = vhct. he-"na''"~ stated Your company
-r.l,ei r ut. amour, ~ from 'ha' company.
| -
NO FUND established which h"n came n''
vow possession against aatanc ani the '""r''
q. aGi 81 a. was thought Use - '' time. = 'l"fse
| sga,n., Your general rr'rf AMI Loss Account
sINkISG FUNDS
t.,.e- IN. r-o, --- - oon,alseA mortgage ~ 80
COMPANY sa2i a9'r' - 80 n'' Jay - '''
., I'm, 81, ~. no, income q. sinking t.ni - -" 70
.pp,, ~ ~. outstanding bonds secured ~ mat mort
s,re None - tho binds which %" sinking
runi applicable could - purchased under ~" ''r"
| = The Trust 20" unt ~'' placed 20 -" ef~1'
a, The trustees ,or under me terms - ~"
,,-,g,re There are 81 40 $40 =: IN securities '"l '"'h
| IN ,he fund f,r 80 exemption = these tnai'
tn. '-is,~es = sinking mi for 80 redemption ~
ts. Trust ccr'l9ra'cs is-I't - 'h" plr'hn'" ~ ~" ~
d., -, ear',ai .,.,l = Philadelphia Wilmington 'nh
p,,,.,c,, Railroad ,.mrar, rurchssei $500" = 'he'-
certificate. during ra-f The total amount - par
chased and cancelled December 3i' i'"' : " IN "
| leaving outstanding s. 7o2"'
The trustee. Cd, sinking fund ~ 'h~ redemption 4"
.he four ana ouc.haif yer cent 'oa'"'a' Trust La"
were No., able T., obtain any securities during a."
v.a- a, no n,cd 80 tho agreement Tie amount ''
M, loan outstanding be- efnhcF 3i-' ls?' - S'"'""
Under me provisions - 49," FOUR pc cent Equipment
Tn, ,;,rl Insn there vas PAD he truse" during
1874 f,r tho sinking fund. the sum - 'a'"' inc
trustee abb 10 obtain nut si"'"' ~ h' '''l' ." WV
price the lease. ard IN a''rdan'e VIM '' '
hereof the balance si2GG has been invested IN add
tional equipment
fUNuED DEBT
O., 49, con. Ian. - he tinted New Jersey Railroad
and canal r,n,pnnv amounting to 81 6'6"" having
rna,ured March is and october ii 1894 Ike amount
~ '"'' ''' ~ ..,.,,i ,,o-,v,x, - Arm 3,h
49,, - -. , ..y,d. f,r their ra.meni.
49, , &c., -. ,.,,,,., l,,iny tho year 10 the
remaining interests in piers and on me Norm NV
New YORK he balance sl25r.p - the four PEE cent
loan o., s2UoDo created In 1919 Tor the purpose ''
,,, ,,.. ,,.,. was issued IN payment therefor.
Tn. amour, ~ funded debt including mortgages on
zeal estate and groun1-ren,s me oos" - 'h" year
So 80 - 20. being al incre"s" "' S-'"'"''' "
Real estate bonds disposed III" ="
and ground rents "''"' -
Total '>'''' -
Less amount % equipment ""' e'.u
redeemed ....... ..'...'''.''. ''io"p"
I.es' amount ~ ll'"n"'Ph"' VI"
mng'"n ana baltimore ''''' -"
stock tHis' ''H""'' 40 o,., n,
"'
.o,oe,,
NJ
,plTAI STOCK
The amount ~ capital stock outstanding Al III" close
- the year tl? 2s ~" an increase 81 N-'l' '""
10 the conversion 4 that amount ~ inc s'''p "Nu'"'
declared in - 1898 but with this exception. there was
no Increase your capital account during IN" year
srC.RITIEs or OTHER CORPORATIONS.
- ~ 900, q, IN. securities Of other coronation.
IN" e,'"r ,- con,,oy &. ,llo On, az ea Tn. direct
no" "''' ny ,,,,r, v.s &, az, 2,2 a., N. aec,e...
r'''"" ., ,s,a h.inc du. 10 the generally reduced
~ - Investments Notwithstanding this these
'e'" ,,,oo, nearly four Der cent up,n their cost
49,, million Of dollars I'm excess of the In.
anu AZ" r ,,pded debit
'e'''' y" can rprsra