The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-26
THE cENTRAL'S ACCOUNTS.
THE SHOWING FOR APRIL AND FOR
THE TEN MONTHS ENDING
APRIL 80.

The Earnings OF the Main stem Near
Iy SI,OOO.OOO in the Ten Months.
The Southwestern and Augusta and
savannah Not Doing so Well OF
Late-The New York Steamship
Line Makes "A Good shOwInE-The
Return of the Boston Steamers Via
Philadelphia Docs Not seem Prof
ftable.
The statements Of the accounts OF the
Central railroad and its allied lines for the
month Of April. together with a statement
showing the receipts and expenditures fo-
the past ten months. was hled in the United
States circuit court yesterday. The month
~ accounts OF the property are filed regu-
largely in accordance with an order Of
court.
The statement shows that the gross earn
ings for the Central railroad for the month
Of April were sl62. 2S1.S5. the expenses were
sos. 2s.53, leaving surplus earnings FOR the
month Of S5s55l.S2. For the ten months
ending April 90. 1895. the gross earnings Of
the Central were S2,O56.93s.ss, the expenses
sl141.15s74. leaving net earnings for the
ten months Of ssl5 1850.
The net earnings OF the Augusta and sa-
vannah railroad for April were unusually
small The gross earnings were Slo.si9.9O,
and the expenses SlO.s0l.42, leaving net
earnings of only S4S4S The showing for the
ten months ending April 80. however, is
somewhat better. the gross earnings be-
ing S14096S. 50, the expenses S96, g77.26, leav-
fnq net earnings If Sf3 QqI AZ
The Southwestern railroad shows a de-
cided deficit for the month of April, the
gross earnings being only S54.s77.57, while
the expenses were 81, 1851, leaving a de-
hcit Of S22.127.@. For the ten months.
however, the showing Is somewhat better,
the gross earnings being $3.50 906.57, the ex-
penses S6is. s65l2, leaving net earnings Of
S2e6 94l.45.
The Epson county railroad shows a
deficit Of 5000 for the month OF April
but net earnings of S666.61 for the ten
months. Together with the current re-
ports. there have been filed printed reports
of the accounts Of the receivers and the
receivers from March 4. 1892. to date These
are given for the purpose Of making COM
Parsons.
Next in interest come the accounts Of
the Ocean Steamship Company. The gross
earnings OF the New York line for April
were SSe,4S6.97, the expenses S74,02s.72. leav-
ing net earnings of 81, 46S % |
The accounts for the ten months
shows up proportionately well. the
gross earnings being 1898 923. 81,
the expenses Ss04.62330, leaving
net earnings Of S195. 3OO27.
The Boston line, however has not done
20 we'll The gross earnings for April
were $2i,66l.A expenses Sl9,043.72 leaving
net earnings Of $5.6lI52 For the ten
months, however, the gross earnings were
only s274, 7.12, while the expenses we're
SSIe,H7S9, leaving a deficit for that period
OF s103,9S027
On the Philadelphia line the net earn
ngs OF the Dessoug for April were SOL. 36
and for the ten months Sl5.23s.6s. The net
earnings Of the Elihu Thompson, the char
tered steamer for April were So III 81, and
for the time she has been in the service
they aggregate S7,676.22.
From monetary standpoint the experi-
ment Of running the Boston steamers by
Philadelphia on their way south does not
seem to have proven entirely successful SO
far, though the line is seeking TO build
up trade in that direction. The deficit of
the City of Macon for April was 1897 SO
ON Philadelphia business and for the two |
months that she was In the service was |
S62.A. The deficit Of the Gate City for |
April was $S05.6l while for the time she |
has been making stops at Philadelphia it |
has been $1,5s9.52.
1t is expected that the new plan of re- |
organization will be published by or be-
fore the middle of June Every effort is |
being made to have II pushed forward as |
rapidly as possible. The hearing of the
question of the confirmation of the order |
granted by Judge Pardee allowing the re- |
ceivers to borrow money in New York on |
thirty days call to pay off the floating |
cebt has heen postponed again from May |
80 to June IS.