The times., 1899-11-13
TAO b.


The following reports for the first week
OF November not heretofore published will
be seen to show an almost uninterrupted
succession of heavy gains:
Missouri Pacific:
First week NoyemberA 1872 900 Inc. $4,000
From January l........ g 2900H Inc. j. .0Oy, ,6ti
Central Branch:
First week November.. 26,Olo Inc. 1908
From January 1.......... / Dii.645 Dec "A, 3ol
Mexican National:
First week NOvember..- l}s. .96s Inc. 3,3a
From January 1.......-.. 5.s5l.4l0 Inc. G22. .i0l
Mexican Central:
First week November 3ll.hsS Inc. 81 $50
From January i...-..., 10, ,SS9, ,U9l Inc, $50, So.
Norfolk Il Western:
First week November.... 2i2. .4o7 Inc. l7.7Gl
From july 1.........-.....4 s24.23l Inc. $4,000
New York. Ontario and
Western:
First week November. ss,lo5 Inc. 1872.
From July l.............. l,Sg6.15J Inc. 370,~i
Iowa Central.
First week Nuvembcr.. IHgl9 Dec. 2,p+.
From july I......--.... gIs.7U2 Inc. ll7,tlJ
Lake Erie and Western:
First week November E1.I2l Inc. 3,gl1
From January l......... 237.l1s Inc. 2g7,l9
Missouri. Kansas and
Texas;
First week November 2q3.Ul2 Dec .6G
From July OBJ Dos Inc. 2G0.26.
Chicago and Eastern III
iuoi~:
First week November no. 500 Inc 80.
From July vI...............I I.si2,S2I Inc. 222,0j4
Texas and Pacific.
First week November. 1882 Dec 10 POI
From January l..........6 .6.667,7lI Inc. 360,@E
Wabash:
First week November sI8I7f Inc 35l7f
From July l...-..........G q. l22,@5p dnc. SSJ,uI.
The annual statement OF the American
Cotton Oil is one of the finest of the many
fine reports for the past year. whether
issued by railways or industrial companies
1t is seen that although there was a large
increase in the dividends paid for the year
the surplus still shows an increase over
that OF last year:
Gross profits 81 .ss3,255 Inc 1923, 50s
Debenture interest ..,... 2l5.4i0 ..-.-...
Net profits .........sI. $50. .sl5 Inc sS2S, -.
Div. on pfd. per cent. Gil.91G ........
Div on com. per cent. s)5,4s4 Inc. 2o2,$7l
Total dividends. ......sI,4 421. 400 Inc. s202.Su
Previous suTphs.......,. .6.227 $50 Inc. d9,55.
Profit and sss surplus SO. 1875 Inc. $3.50, ,74'
The two statements received during the
past few days that have not been entirely
satisfactory are those of the Manhattan
Company for the quarter ending September
80, and of he Pacific Mail Company for the
month of September and the five months OF
the fiscal year, from May ! to September
30. The Manhattan statement is bad be-
cause it shows a deficit of nearly $500 00C
for the quarter, but il is good in more ways
than one. There has been a steady though
not large increase in business as compared
with last year, and Of profits, and the de-
felt is less than it was last year by 500, 600
The full figures are here given:
Gross earnings .......... 81 3I2 $50 Inc Sl2i 2lt
Net earnings ..........-.. 6SsslO inc. 39,20C
Total income ...........-. s27ll0 Inc. 2i0,OG
Charges .................. 646045 Inc 3S.S1.
Balance ................. 1906 Inc 20l, Us
Dividends ............... $4,000 Inc Is1, OK
Deficit .................. 2gs 335 Dec p. .l2S
Cash on hand, slO0.468 profit aud loss sur
The Pacific Mail statement in full is a.
follows:
Pacific Mail Steamship Company for September
Total receipts ......-..-.. S213IO Dec. S5l.G3i
Expenses ................. l94C7 Dee. 1850;
Net earnings,.....,..... s772aa Dec silo8.
Reserve fund....,.....,... 29ll5 ........
Balance ,.-..;... 49,. SisI7s Dec. sl4.oa.
From May 10 September 30:
Total receipts mann ~, E49S 7G5 Dec. .SIGg, ,gS.
Expenses .............,... l.055,J9s Dee. 1929
Net earnings. es........... S4ISI67 Dec. .s2go. .ag'
Reserve fund.............. l45.5I5 ........
Balancc............... s2g7. .592 Dec. 500, 60,
The balance for the stock for the fv,
months-$297, 592-is al the rate of some,
what over 3 per cent per annum. This j.
only bad because il is only about nal
what the surplus last year was for tn.
same period. 1t must be remembered tina
these five months last year were amonl
the fattest in the company's history. OF
account Of the Government contracts. anC
also that the company has now signed new
Government contracts quite as valuabl,
that viii begin 70 show in greatly increased
net earnings during the coming months
Pacific Mail must be considered to have out
Of the most promising outlooks of all tn,
companies whose stccks are dealt in on thl
exchange
There is excellent authority for the state
ment that the readjusJmeHt plan of tn,
Leather company is a fat failure and vii