New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-23
THE NEW HAVEN'S YEAR,
RIG INCREASE IN INCOME.
Gross Earnings of Rail and Boat
Lines Here So, $50, 696.

Eaw-Pzveu Conn Sept. Z.-The annual report
~ the New-York New Haven and Hartford Rail
,osS COMPANY for the year ending June a. 1895.
was made public to-day. As compared with the
preceding year. increase in income from opera
ion for the past year is shown to amount to SO20-
~ Passenger department earnings increased SfzL'-
81. freight department earnings increased SSSSl4
rents and telegraph receipts increased S4S44z mar
ing the total increase in earnings S69e0SS OperaI-
inr expenses increased SS73S1- these expenses in
Guiding many improvements, such as the eonstruo-
+,on Of bridges and passenger and freight sta
ions, which enumerated in the report
The total gross earnings of rail and boat INES
combined for the year s4.53o6S6. an increase
OF g 65s SO over the previous year
The detailed report OF the company shows tota4
income Of sl5272S76, including income from opera
ZION which amount To S414S.925. The total &c
auctions from income in taxes interest and renlaIS
amounted 70 $3.50 224 leaving S. 7oSoS2 apphcaDie
n dividends. OF this 81. 10000 was PAID III
dividends leaving the surplus for the f"ei'e
months $SoS.652-
The total gross earnings from operation were
go ss1 az. made W Of the following items: FROM
passenger department. 6,454: freight Depart
roent SIS 34s5S; rents. S4=s.752; telegraph receipts
1855 The operating expenses ttleS per CENT
we're $50 SO 0z2 leaving the income from operation
slzIASq2S. Income from other sources incluoeu'
Dividends on stocks owned 26<o.2s0 interest on
bonds owned SIS $50; dividends on stocks leased
Ss220eo: interest on bonds leased. $lS5 rnS s
4,saI1;oI1S nom income included among other
taxes 622. interest on mortgage 'To''
accrued SE4 40. interest on deoehluEsS ~
vertible5 accrued. S920653 interest on current s
bilities accrued. s453,$4. rentals or leased INES
accrued. S4IS6.S4S. ,.- ~, e.
The policy OF the company in acquiring the Sc
oyT-lries of leased and controlled lines mas oeen
continued and S5SS767s has been expended Tor ma
Dst-rose in the year. New equipment 20 inc
amount OF s. % been purchased ana ABOUT
- niles Of new steel rails have been laid
Regarding the Central New England halfway, the
-euo-t saws the control Of that line has not re
--1ed to the conpanys treasury the interest upon
us cost and thus far the advantage or me P s
chase has been only indirect. II Is announced ina
NeWburE- Duchess and Connecticut Fa4lroS
WHICH was recently purchased viii be operated Dy
ne Central New England as part OF It's Inc.
ontario and Western road Of November :. 1900. the
report says the cost OF the stock OF the road vas
8 1S7 less dividends received shortly thereaIteT
OF SS7z.S0o making The net cost TO the New ork
Nev-Eaveu and Hartford Railroad Slo8.SSf.
4 careful estimate warrants the statement says
The report. that the earnings OF the Newly OK.
Ontario & Western Railroad Company VIII JUSTIFY
the uavr1ent Of dividends upon its stock surlcierL
70 cover the interest charge incurred by this IN
zez--7err control obtained is value Tor the
protection Of the interests Of this company IN many
The report then Eives statement Of the opera
r-rnE If f7E Consolidated Railway Company ror one
year ended June SO, 1905 showing the gross earn
f7gs 70 be s. 567 .97S and the expenses S2Sso,bZ1
-nsE,fug the net earnings S16S2.S56- Other figures
- the con,paryss operations Miscellaneous in
come 81 gel showing surplus OF S16S5.t4S' winch
6sducrtnS charges, taxes and interest, ETC.
u s. 26z.4I4 making the amount apphcahe 10
dividends s43I. 1888 -. -.
yea ended June so. 1905, were; Cross, S4o49 soy;
expenses So 500 SIS making the net earnings a.
sS3 less taxes interest. etc the amount Is SA4zV'%'
making surplus Of S6o6SSL