New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-10-04

River Railroad for the fiscal year ended June 50
shows the following results from operation;
eros. earnings SO SIS II sss s no IS s. SO 90 3
Net s2teea7s es s23 - so % sos 4ss Q:
r s5'' 55ss' SIS rs Z i y a5s 50
s.; g SO $: Is ,,.. -, :.
Rentals AMI taxes l32lL35l 80 l2"so'l= - s---oS :
,s: 's3 III $ SIS sI 5sa 20 ' :si $
surplus -...... s2os5aos s. sleos1ss1o se7l2s 80
new stock sold rs 2e5 q"
s62s3S31 IS
pedue,3s for
uent FUND and
ments -. 22IsS57a1
Total surplus :tges SO 81
Previous surplus il'St"7"
Total -..-......s SIS S34 so %
The balance sheet SHOWS;
ASSETS.
,., s g o: g . Issi e IsG Is
s ,5o;o . 9s? 5s2sy isss i 5ssss
n:z,s@s s. ''o' ana 81 i. 50 50
si@ @s@s,,o ,po 4, s O. &c i.s.5 ne
, lrss0r eopars aoas.7laoo sOaa71a 90
Total. sos ~ ia 81 sss2.7 e4Ss -
LIABILITIES
.,..,.., eel. .srai oi2 900 on s1l5oso.oooO 90
E Spai 800 80, 1913 rs 1855 as 1913. 940 -
Bonds apis and mortgage" .'ss. 100000 $4,000 %
Tot, ..,,,,,,,,,oo s3s5 SIS 255 os s5oss2ooto 81
Af 0aS.s Win lessor 20 5s s 3 5s "a IS g
sPecia imPrayerneut fIni l59ts75 - hs2l7osS IS
Securftias held IN for
lessor companies per con ,,o 80 % qoqo -,a %
p IRA, -, 10. ,..... 5S5f557 % Ii7SSoas 81
Total. - s555 III "a 81 ss42. 7o45sa 81
The -e,o-t covers the operations of the system
80 - PITS,1o total OF 33l955 miles. The out
s,ar4irz funded debt on June 30 was sl991is305 sS
Passenger trafc contributed $3.50 ~ 30 OF the IN
crease in gross earnings. due to the substantial
Improvement In general travel ana 10 the Fan
American Exposition at Buif4-o l'ns.iidlhs
the smaller tonnage OF grain and ahthracHe coal
o--,o5 4,,rtrg the year. freight earnings show an
increase of HlO93 7s $, due TO a heavier movement
OF high class commodities
-b years expenses. SIS 500 $50 IS, were sos per
cent 81 the gross earnings The increase OF H2'5.-
pa "a over last wear is due 10 the higher rates OF
wages greater cost OF material large expenditures
for additions and improvements TO me pT4Perty ana
20 the added expense ihcideii- ~ '''e 1'"0
There MAS expended during The year tor senewas
and improvements total OF Sl-.sozovII = Wnich
Included $3.50 504 81 for new conssIueiuon equip
charged against the funds provided ey the lessor
Tbs ra0ort notes that the details OF the project
- i,,rr5vsnents al the New-fork terminal are
NJ, ~ sufficientIy perfected 70 particularize az
II Is announced that the board or di-
se.c,C-s have authorized the purchase OF 1000
1900 ~ the capital stock OF the American Ex-
T,-sss CoT,oanv al $50 share. There have also
bs nl,rchased 200 shares OF the capital stock OK
~ vohawk and Malone Railway company at par,
e. sbarAs so purchased being an increase OF the
Caof,aI stock Of that company from ASo.Oo 20
a. 30 90 "a authorized by its st0ckholders
IrLs Reech Greek Extension Railroad. which was
,,rder construction during the year mas been com
i..1 "a the entire road SIS miles. has been open
for oreratIon from July l. This line was leased to
~ Eew-York Central and Hudson River Railroad
ttr,pany under date OF MAY H. lNl ana Will relieve
.arrrio1 ~ the Beech Creek Railroad heretofore
=, t1ering from A congestion or trarlc
a,sre "a rried in the fiscal year 35599.6s
a, rsventa freight S3l 57 tons less than IN 1901 and
zoo "a IONS Of company freight. 2S 81 tons more
than In the preceding year The total number of
ss al in 1901 There were carried In 1892 ~ ssil5S
-Iooft aganst 40 35S IN 1901 OF passengers
5000 one mile there were l36s2l2l1I as compared
Min 1t 72i $50 for the year ended June go 1901
TIE total earnings from freight were $40 $50. US s.
tsserrars So 81 OSJ .. express and malls S2i5.
to m. miscellaneous. g. 1871 500 80 The expenses for
- taDance OF way and structure were $500 O32 O.
aSanst s. slss6s Is IN 1901 maintsnance OF equip
,Srt ~ 20 comparing with S1sS3s IS for the
,,racsdfng wear conducting transportation SI.2t6.
aa % AGAINST SIS 81 972 81 In 1901 and general
penSes 81 7ss. 49, IT, against a5Ssds q for 1901