The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-10-02

SPe'' eAPehS"s' i'"'''o'' ''+"o'o"o Inc. lOo, ~
Net earnings. sses. 0eo sqG .ao2 Dec. s.4,002
Taxes ........... lo5,3i8 ss,3O3 Inc. IGO43
Belanoe s75s.el4 ssOo,osY Dec. $iil,o4a
Other Income. SIS 500 Dec. ~
Total income. s]55s,4s2 ss7o,5os DecsllIo77
luton oonds,&c. "2S.062 6"9.o7l Dec. 1908
Surplus =. sl9!,a7o s2.l,sss Dec.siloo0s
Previous surp e. 2R5,5ls ea.H4" Inc, 23l 800
Total surplus. s42o.sss tsoo,8s7 Inc siqI sol
EEaaiP Seis;sc.,. ijjss,IsS a.,sa inc. i i1is.SsIl!?
Total Offsets. a1S.lSO O.S8S Inc. 3Gs.3ll
Surplus ....... s4s.5os s2s5,5i Dec, sa4e,sio
Total tonnage. 72;.6lI 73G.Gai Dec. 900
The report states that the surplus after charges
will be larger for the present year. owing to lie
opening OF the Ogden Gateway.
The southern Hallway Company reports for
the year ended June 80:
Gross earn'gs eI0.Ose. 247 SIO.OTu.4a Dec. s3,?47
op.ex.&taxes. l345l.44s l3.2aa, 1873 Dec. 2ls.20i
oi Net s ,nrnG $500 1ss s0.st.ata Inc. s2lo,s.!
Into 1"' ren i@s 'S3 ,,sds,,sss ' S.ds : .asf i Inc ' ass.s 9s9
Surplus ..,.. s55O,47o sI45.0lo Dcc.oIiO.56s
The company has no floating debt. and has had
none since its reorganization. Liabilities OF all
operated companies are treated as liabilities OF
the company. The net increase of funded debt
and outstanding securities of lcuschold estates
for he year was $2,5sl.li2. and is fully repre-
scented either by the amount of prior lien secu-
rites retired or by the cost OF new property
acquired. Equipment trust notes OF the old
standing on this account. Sinking fund
Of the niShmond and DanSyiniilpe and 1 Geor'
Eia psS'i!c weTo SI7o,525. The company
by II and has. created no equipment
trusts The total increase II the current con.
turc vas all for the acquisition or construction
OF new property. Sew equipment to the extent
Of S2l7,23G was purchased, so,dI3of which was
charged To the capital account. The company ms.
sumes onc.third of the risk on its general insur.
ance. placing 'hC remainder with the insurance
COMPUTES. Thus the company carries $3.O2I,-
6l3 of its own insurance. The outlook for the
company is encournging, as the last six months
of the fiscal year showed u steady increase in
traffic and in the number of new business enter
prises being established along its lines. A COM
y ,rison Of statistics shows that during the
year freight earnings increased S23s. 7S5. OF
1885 y cent: number OF tons of commercial
freight carried decreased 81, 5ol tons. or LA u
cent: number OF tons carried one mile increased
l0o,227 500 tons, or =. 76 4 cent; average length
of haul was 1887 miles, an increase OF 10 IL u
.97G Of a cent, a decrease of 5.8l eccnt. earn.
ings from passenger decreased S1l1 .997. or 9.63
~ cent; hummer of passengers carried decreased
1873, 49,, or Abb q cent.
The pamphlet report of the Erie Railroad
Company for the fiscal year ended June 30 has
been issued. and IL is a comprehensive publica-
holders. Tho revised figures of the operations OF
the comp my forthc ycardiieronly lightly from
w 'I'' '''Si' 90 NV
Among the interesting statements contained in
the report arc the following: The amount VI
freight carrl,d wns !.23 = cent. less than for tho
prey iUns year; the average rate per ton per mile
was The same MS in 1896. but the average haul
Increased 9,16 " cent. The volume OF coal
Tonnage. decreased 5so.Iss tons or 5sl h
cent. The toms carried one mile decreased :i,3S
u cent, but the earnings increased $40 u
cent. Of tho tonnage handled, i.s66.4il
tons were anthracite coal, $50, 623 tons
bituminous coal and S2I.2i0 tons coke.
Anthracite tonnage decreased 15s y
cent, bituminOus increased $40 u cent.
and coke ieCrelhca 39.22 Y cont. AS compared
with 1896, the number of passengers carried de-
creased a.!2 " cent, miles travelled de.
creased ;i."l Z cent. and revenue decreased
81, F cent. or the total passengers car.
ricd l4.lG6.oGi were local aud 5OG,376
were through. Maintenance OF way ana
structures decreased Il. 10 u cent. from the pre-
vious year. maintenance Of equipment deere .scd
los y cent; conducting transportation de-
creased 2.3I i cent. Tho net sum Of ;SGs6. 7l3
has been expended and charged to capital ac.
year. In addition S.3Gls7 has been eXoenied
for second track on the Greenwood Lake divls'