New-York tribune., 1913-08-06
B. R. 7. HAS BEST YEAR
Laruer Income and More Pas
SengerS Carried.
EARNED 1O'e ON STOCK
President Williams Says Safety
Campaign, Started March l,
Is Being Continued.

The financial results from the opera
ton OF the Brooklyn Rapid Transit Com
pany. as shown In It's annual report Tor
the year ended June 30 1913 which were
made public yesterday. were the best IN
the companys history. Surplus earnings
amounted To 10 per cent on the outstand-
ing stock. as compared with s.. per cent
for 1872 6 per cent for 1911 and 81 per
cent for 1910. During the year there were
63I aO4. 1j6 passengers carried. also a new
high record and an increase OF HHS.3 3j2
over 1912
Gross earnings for the year. which to-
tailed 81, ,l62. 2SS. were s925. .737 greater than
for 1912 There was an increase In op-
Grating expenses Of s22l.3Ss. or 10 per
cent. which left net earnings from op-
Grafton at {n.3lSS32. gain Of sDi "a
The years surplus from operation was
81. 496 81, an increase of f7S5. .7o5. while he
net surplus OF the system was $iJOiill.
gain Of s773.l52 Dividends declared
during the year aggregated $2f+O.0O. the
rate being Ia per cent quarterly. except
for the last quarter when Il was In
creased to ~ per cent.
Certain adjustments of the profit and
loss account. including the setting aside
OF special reserve Of $1,000 and the
charging off OF $50. 522 TO suppression and
depreciation. left the surplus Of the sys-
TEN at the close of June equal 10 S.goI. 20
Cos. as against $3.50 Sl3 at the end OF the
fiscal year 1912. Last year Al000 OF
, the company's refunding 4 per cents were
converted into capital stock. increasing
the amount outsta nding to Si907SOO. The
opportunity for conversion expires July
l. 1914.
After reviewing In detail the new sub
way agreement made with the city last
year, the president r. S. Williams. calls
attention 10 the safety campaign which
the company began on March /. in CO
operation with the American Museum of
Safety. This work. he says. was con
tinued with great success through the
last four months Of the regular sessions
OF the schools. ending I'm June. and ~
now going on in the summer schools and
Fairgrounds throughout the territory in
which the company operates
The safety crusade Is conducted in the
public schools by means of lectures de
livered in the classrooms and assembly
halls. these lectures being illustrated BY
small models Of Brooklyn Rapid Transit
trolley cars and supplemented by story
pamphlets and the distribution Of safety
buttons
"In many OF the schools" continued
Mr. Williams. "the teachers have given
most encouraging cooperation by such
undertakings as the organization OF safe
ty patrols TO guard the children In cross
Ing streets going TO and from school. and
in the arrangement Of safety days, on
which, in several instances, an entire day
has been given up to safety demonstra-
tions. with lectures. recitatons by the
children and safety plays. in which some
children would impersonate passengers.
some conductors and motormen. and
others pedestrians and the drivers Of We
hicles In the streets"
The report contains the resolution
passed by the directors on the death Of
Anthony n. Brady, who was chairman Of
the board for seventeen years.