The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1900-02-21

W
circles" Several men about the de-
pot" "Those in a position to speak au
| thoritatively," and the various other
sources of information whom the stove
committees have so generously quoted
with such simple and abiding faith for
the last several months can now be
expected to come out with the usual
my remarks were not correctly re-
| ported"
The annual meeting of the Delaware.
Lackawanna and Western company oc-
CURED yesterday, and as yet the most
patient and persistent inquiry has
failed to discover that any of the big
dailies had called in their "oes. men"
| from the Transvaal, Kentucky or the
Philippines to do duty at No. &c E.X-
change Place, or that if any of these
aforesaid best men" were assigned to
this new scene of expected carnage
that they found anything to try their
best talent in the way of war corre-
spending. In fact. the most reliab BILE
reports have it that not drop of blood
was spilled.
iEI cINI of Mff. IlNG.
Here is what the Associated Press
has to say of the meeting:
New York, Feb. 21-At the annual
meeting of the stockholders of the
Delaware, Lackawanna and Western
Railroad company. held here today,
the retiring managers We're reelected
Samuel Sloan WAS elected to fill
the vacancy in the directorate caused
by the death Of John |. Blair
William II. Truesdale was reelected
president and Fred l.. Chambers,
secretary and treasurer
The annual report of the company
for the year 1899, was very satisfac-
tory. 1t showed a surplus. after the
payment of dividends. of SlS071T3
| against deficit of 500, 735, in 1898.
The company makes an important
innovation in the issuance of it's an
nual report.
1t presents n detailed statement of
its earnings and expenses numerous
traffic and transportation details and
a more explicit and detailed balance
sheet and income account statement.
The company also makes a liberal
deduction from the years earnings by
charging Off advances to leased lines
in previous years and also sundry old
accounts.
The gross earnings of the company
were S2l,12Il22, and the operating en-
ncnsos $ll 49, iS9. a decrease of 81 1O6,-
1J9. The net earnings were $9.jS9,633.
other incomes. sl,iSl,35i. Deducting
thcrefrom $S}5,I2l of taxes, the total
receipts are $40 235 ,2ti, an increase of
nearly $3.JO0,C0o The total charges
are $6,79i,o ,oa3, and the seven per cent.
dividend took Sl,S3i 900 more. leaving
an unchanged surplus of Sl,GO',lI3.
This showing is certainly remarkable
in view of the fact that the company.
| during the past year, has expended l
such an immense amount of money in
| improvements and repairs.
EXPENDED MANY THOUSANDS.
In Scranton alone these expenditures
have amounted to many thousands of
dollars, and the city has been greatly
| benefited thereby. Electric plants and
new boiler plants new breaker ma
! chinery. new Nentilatihs apparatus and
| the like have been installed at the
mines. The shops have been extended,
renovated and equipped with new ma
| chinery, making it possible to do the
| bulk of the construction and repair
work at this one plant. Seventy new
| locomotives of immense build and
! latest style have been added to the
'''iii i'iNi tboNl ilslli VI lncl!l
! being at work and the others in cours :
! Of construction. Many new cars have
| also been added.
| Two large buildings, paint shop and
storehouse have been erected. and a
new addition to the machine shops is
under way
Many acres of land which the COM
| pany kept from the market have been
! disposed of at reasonable figures and
| as consequence hundreds of houses
| have been, or soon will be, added to
| the city's homes.
Plans are under wav for new depot
| all along the comDany's line, and the
| chief engineer is preparing to start In
the spring upon the gigantic task OF
easing grades, Strengthening curves and