The Bridgeport evening farmer., 1915-10-20
NEW HAVEN ROAD INCOME SHOWS INCREASE, REPORT
 TO STOCKHOLDERS SHOWS

Train mileage of revenue trains de- creased 1O.31 per cent. The cost per mile decreased one cent a mile, Pcost of fuel decreased s826, ,S75. In- Jurfes to persons cost the sum of $792.795, a decrease of $388,94O
 Sixty-four thousand two hundred and twelve fewer meals were. served during the year in the company's res- taurants and dining cars. The total of revenue meals served was 378,- $40.
 The amount of pensions paid dur ing the year was $176,276.25, and the cost of the company account of the federal act required valuation of railroads amounted to $90, ,887.74. The salaries and expenses of the general officers were reduced $45,718.44, and law expenses were reduced $780, 707.96. This general account took 2.46 per cent. of operating revenues as compared with 2.85f per cent. a year ago.
 Total payrolls of the company for the year for all classes of labor paid for directly were $25, ,765, ,313.80, and the expenditures for materials of all kinds, excepting equipment, amount ed to $14,278.303.
 The account decreased $1,966,- 473.54. No dividend was received from The New England Navigation Co. this year and some of the subsi-
 
 fixed charges The interest on the securities of those companies held by the NewJHaven Go. was not included in income unless actually earned.
 The decrease was offset in part by a, larger dividend from the Central New England Railway Go.
 Net revenues from railway opera tions were $21, ,252, ,639.95, an increase of $3,O33, ,O57.9O. Taxes were $2,- 743, ,921.47, a decrease of $S34, ,522.95. The total operating income was $18,- 502, ,081.46. an increase of $3,S51,- 958.99. The total incorporating in come was $5,855,051.40, a decrease of $1,966, 473.54.
 The total gross income was SPA, ,357,- 132. .s6. an increase of $1, ,885, 4S5- -45. From this the total deductions amounted to $22, ,049, ,1614 a decrease of $153, ,8231 Il. The largest deductions fere four joint facility rents, $2, FPS, 33S. 26; rent for leased roads, s6,22s, ,s99. IT,; interest on funded debt, s, ,380 046. .38; and interest on unfunded debt, $1, ,80O,2 ,276. .s6.
 The ratio of operating expenses to total operating revenues was 67-49 per cent, a decrease of $50 per cent, and the ratio of operating revenues was 71.69 per cent, a decrease of~6.60 per cent.
 There were 2s,s42 tons, of revenue. freight carried during the year, a de- crease of 1,156 tons; 78. .172,69 revenue  9,01O. .843.
 New rails were laid on about 200 miles of track. There were placed in main line track ], ,5SS. 895 new ties, of which 97, ,256 were creosoted, 40S, ,647s ties were renewed in sidings The total average miles of track maintained, 4, ,314
 During the year 8 miles of road were equipped with automatic block signals.
 Of the track changes at New London the report says:
 The realignment of the New Haven company's tracks across Winthrop cove at New London, Conn.,, inc1uding7 the construction of solid embankment and p foot arch waterway, is progress ing satisfactorily, and will, when f1n- fshed, permit the abandonment of the wooden trestle and provide for better approach to the proposed bridge over the Thames river. Location for this bridge has been approved by the Unit ed States government and the Con- necticut Public Utilities commission, and plans of~ the superstructuHe are completed
 The construction of the new concrete bridge carrying the New Haven com pany's westbound track over three of tracks at Wood1awn, N. Y., has been completed.
 Steam locomotives in active use mum Der 1,165, electric locomotives 102. New steel coaches are being added to the roads rolling stock.
 The records show that on June 30 36 1-4 per cent. of New Haven stock was held in Massachusetts, 16 per cent. in Connecticut, 33 3-4 per cent in New York, 2 3-4 per cent. in Rhode Island and the rest scattering. Massachusetts had the same a year ago, while Con necticut lost 3-4 of 8 per cent.