The Bridgeport evening farmer., 1915-08-11
NEW HAVEN ROAD
 GAINS $2,O39,3O9
Accomplished in Year End ing June 30, Despite De. crease in Gross Revenue
Connecticut Go. Reports Earnings of $1, 1928. .457 as Against 1,5O1, ,O72.


 New Haven read gross earnings in June amounted to $6,327,9S8, an in2 1 crease of $4S2,620. This gross in- c1uded $216,214 not heretofore in 1 cluded in monthly statements of pas Senger earnings, while waiting for the 1 decision of the New York court of ap- pea1s as to certain commutation and other passenger rates, in and out of 1 New York city The decision favor | ed the company and-th June earnings
 were swelled by reason of ruling of
 the commerce commission. Otherwise
 gross in June would have exceeded the 1914 figure by $165,000.
 June, operating expenses decreased S1,07O, 900 owing partly to net cred l it's to expenses of $742299 for adjust ments made under the regula tions of the interstate commerce commission. Without these adjustments operating expenses would have decreased only $32S,OO from those of June, 1914 Despite the increase in gross and the decrease in operating expenses, net corporate income for June was only $760,717, decrease of $SO5,849 from the June, 1914, <hgure. This Ichange was in large part due to the $1,1O6, 900 decrease in dividend re- ceived from the Connecticut company.
 The net corporate income for the year amounted to $2,3O7, ,971, an in
 crease of S2,039, ,3O9.. This income ex- 1 ceeded F per cent. on the company's OOI0 capital SIOCk. The feature of the years operation was the large decrease in ratio of eX-
 penses to gross as we'll as the decrease
 in income from outside properties The decreased income is explained by the company as follows: Due to smaller dividend from the Connecticut Go. and decreased interest received from the New England In- vestment and Security Go. and East ern Steamship Corp, also exclusion
 this year of interest on securities of 1 subsidiary companies not earned by those companies
 The statements of the several sep | arately operated companies in which the New Haven road has an interest are as follows:
 l Central New England Railway
 Cross income for June, 1902. 50; l for June, 1914, deficit of $4.285.90;
 net corporate income for June, 1915, 1 s33. .405.55; for June, 1914, deficit of | SIPS, ,1o7-o1; gross income for year 1915, s1,411, ,153.14; for 1914, $1,-
 1so, ,4Ss.S2; net corporate income. 1 s4o9, ,2s9.62 against $23o, ,o30.98
 New York, Ontario & Western Railroad Co.-Gross income for June, ] 1915. $2o6, ,4s1.s5; for June, 1914.
 income, 1915, $63, 1914, $780, l 8S8.23; gross income for 1915, $2,-
 333,845.36; for 1914 $2.342, ,193.26;
 net corporate income, 1915, $612.506.- i O3, and f9l4, $663, ,69Z.06.
 The New England Steamship Co.,
 Gross income for June. $145.732. 31; i for June, 1914, $2O7, ,S93.33; net cor
 porate income, June, 1915, $71 ,278.14; 1 June, 1914. $14o.199.96; gross income
 for year 1915. $s49, ,824.16; for 1914, s30.522.65, and 1915, deficit, $77.- | 8O2.62. 341>
 The Hartford and New York Tfans- portation Co.-Gross< income for June, S4S,715,6S; for June, 1914, $36,8S4.28; net corporate income, $40, ,401.6O, and l $28. 8.610.4e; gross income for 1915, $187, ,75S.13; for 1914, $185, ,122.98; net corporate income, 1915, s88,942; 1914,
 $s5. .965.42.
 New Bedford, Martha's Vineyard and Nantucket Steamboat Co--Net
 corporate income for June, $4,561.1S;
 for June, 1914, ss,588.63; for 1915. 1888, S,41O.76; for 1914, $62, ,7o8.25. | The Connecticut Co.-Gross income,
 for June,. 1915, $247,274.16; for June,
 1914, s345, 5,857.25; net operating in come, 1915, $148,963.97; 1914, $252,- 399.24; gross income for 1915, $2,5O9,- ALAS; for 1914, $2,57S, ,532.95; net corporate income, 1915, $1,323,457.O3,
 and 1914, $1S501.072.42.
 The Rhode Island Co.-Fina1 fig
 ures not yet available.
 Berkshire Street Railway system Gross income for June 1915, deficit of | $5,795-99; for June, 1914, SIP, 2,566.57;
 net corporate income, 1915, ss5,14543, and deficit, $4.041.45; gross income, for 1915, $88,43O.O7; for 1914, $780, l 238.52; net corporate income. deficit, l $90.24; and deficit of $72,50717.
 New York and Stamford Railway PCo.-Gross income for June, S13,- 703.49; for June. 1914, $26, 6,0O6.O6; net
 corporate income, 1915, $27,7O3.39;
 Re14, SIS, ,042.06; gross income for l 1915, $73,009; for 1914, S87,40498; 1 net corporate income 1915, deficit of l $42.96; and 1914, deficit of $5,824.17.
 The Westchester Street Railroad | Co.-Gross income for June, 1915, $3,- 764.91; for June, 1914, $22,934.65; net
 corporate income, .$17,146.88, and l $21, ,647-78; gross income for 1915, de-
 ficit, s1.23z.2S; for 1914. 18.378.61; 1 net corporate income, 1915, deficit of 1 $8,4S8.12 and 1914, $3,SS3.99 The New York, Westchester and Boston Railway Co.-Ffgures not yet
 available.
 Housatonic Power Co.-Gross in
 come for June, $38, ,20O.37j for June,
 1914, 1S,702.02; net corporate in
 come, 1915, $21.267.16; 1914, deficit l of $21,506.36; gross income for 1915, ! $465, 469 .52; for 1914. S599, 9,667.67;
 net corporate income, 1915, deficit of 1 $310.85, and, 1914, $7S.5O6.49.
 The Westport Water <Co.-Gross in l come for June, S1,390O1; for June, f1914, deficit of $2S3.5o; net corporate I income, 1915, $575.42; 1914, deficit of $1,O98.O9; gross income for 1915, $12,- 1 866.15; for 1914, $11, ,379.64; net cor
 porate income, 1915, $3,o9L15; 1914, l$1,664.78.