Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-10-11
ELECTRIC RAILROAD REpoRTr.
Eight More File their repohs All But One
Doing Good Business.

Eight more electric railroad COM
panies have filed their reports at the
railroad commissioners office. With
the exception Of one they appear to be
doing a good business, and are paying
a dividend on the stock.
Bangor, Orono and Old Town-Gross
income from operations, $65, $3.50;
operating expenses, $41.637.2S; income
from operation. $24,021.51; decrease OF
$2,634.52. Total deductions from in
come, $17,457 divided as follows: In
terest on bond, $500; taxes, $247.90; ad-
dition to car house, new cars, $7,327.67
rebuilding bridge and track. $3.50;
leaveing $6,545.94 as the net income.
A dividend of IL per cent. on the COM
mon stock, amounting to $4,000, was
declared, leaving a deficit June 30, of
$5,454.O6. The number Of passengers
carried during the year was 1,26S,642.
Norway and Paris Street Railway
Gross income from operation, $7,745.4O;
operating expenses, $6.78741, leaving
net income from operation $957.99. A
miscellaneous income of $2O3.OS was re-
ceived, making the total net
income $1,16O07. A dividend Of
per cent. was declared on
the common stock, leaving a surplus
for the year of $1G1.O7. The total sur
plus is $635.43.
Somerset Traction Co.-GrOss income
from operations, $9,997.02; operating ex-
penses, $5,177O4; income from opera
ton. $4,S19.9S; which is the net income
when 1913 are deducted for taxes.
The surplus for the year was $4,762.65,
and the surplus June 30, $5.36S60. No
interest was had on a funded debt or
stock. The passengers carried were
90,253.
Rockland, Thomaston & Camden Elec-
tric-Gross income, $66, 7S1.76: operating
expenses, Sal ,0SS.S5. leaving "a gross income
from operation of $25692.91. The interest
on the funded debt and other deductions
amounted to sl4.457.69, leaving net in
come of sll.23522, which is the surplus
from the years operations. The total
surplus, June go was $44. 1911. This rail-
road includes in it's receipts several items
which are not seen in the reports of most
mails and parcels. $l643.40; for freight,
s4727.96; American Express Co., 1871
power sold, sl205O.42 The number of pas
sengers carried was s9S7.973
Portland railroad Co.-Gross income.
1915 S57 SO: operating expenses. $18S. 81;
gross income from operation, SIS. 1921. an
increase of So. 5G3.59. The deductions
amount to s32. 35l. divided as follows: In
terest on funded debt 81. 500: interest and
discount on unfunded debts and loans.
$427l %; taxes, s55579.57, leaving 55.S322l as
theh net income. A dividend of per
cent. amounting to S20.SS3. was declared
on the common stock leaving the surplus
for the year s34.94921. The total surplus
Tba ,hAs- nf
passengers carried was si.9s2, 500.
Lewiston & Auburn Railroad-Gross in
come. S56.343.S5; operating expenses. SAL
$50. 49, miscellaneous income. Si26.SS; leav-
ing gross income above operating ex-
penses of S151S4.H. an increase of 1921. 90.
The deductions on interest on funded
debt. .16: interest and discount on I'M
funded debts and loans, SIS 1850; taxes,
s475.50 extraordinary expense of bridge,
$2259.S IS; a total of 25,32l.14. leaving de-
felt for the year of $40 1876. 10. The total
deficit. June 80. was SAG. 225S0. The num-
Der of passengers carried was 1.0l7.119.
Augusta, Gardiner & Hallowell Railroad
Gross income. $40,Si0.17. a decrease of
crease of S2722.S1. Net income from oper-
alton, SIS. S06.92. an increase of $2545.72. The
deductions are $4,000 interest on funded
debt over $37603 for taxes. leaving the net
income $9430.S9. A dividend amounting to
$500 was put on the capital stock after
which a surplus for the year remained of
si63O.S9. The number. of passengers carr
ried was S23, 800 a falling off of 1924.
Portland & Cape EliZabath-Gross in
come from operation. SIS. $780, miscel-
laneous income, s650.94; operating ex-
penses, 49,. 1910; gross income above OPP;
Grating expenses. s23. 54S. The interest and
discount on unfunded debts and loans was
$15.016.65: taxes. $611. which deducted
leaves q net income of s791S.55. A dividend
of 11a per cent. on the common stock
amounting to $3.50, was declared leaving
a surplus for the year of Sll6S55 The
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