The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-03
new HAVEN BEGINS
TOREPORT SURPLUS
Figures show Marked I'M
prOvement in Period End
cd March 81.
DEFICITS ARE WIPED OUT

The report OF the New York, New
Haven ana Hartford Railroad Com
pany ana its subsidiaries for the month
Of March and for the nine months ended
March 81, 1915. when compared with
that OF March year ago and the cor
responding period Of nine months Of
last year was encouraging to stock
holders. Deficits in net income which
the reports for a year ago showed have
been wiped out. The net income for
beginning OF substantial surplus.
Even where gross earning are not in
creasing in some cases. the net Is show
ing substantial improvement and the
change for the better which became
evident in New Haven finances not
many months ago is evidently being
maintained.
The railway operating revenues Of
the New York. New Haven and Hart
ford for the month OF March were
s5.351,5l2, as compared with s5,32s,7so
for March. 1914. with railway operating
income OF sl.57S.1i5. against 1885. 1870.
The gross income OF the property for
the month was SI,7s2,s37, as compared
with s1,25s.4s1. while the net corporate
income was s264,s06, against deficit
for March. 1914. Of S2i5.40s. For the
nine months ended March 81. 1915. the
railway operating income was 9t7.76s.-
$40. as compared with Sb0.393.5S3 for
the corresponding nine months In 1919.
with a railway operating income Of S12.-
6e2, 0s4. against 3lo.s%7.4s7. The gross
income OF tho property for the nine
months was 3l4.Soo.66s. as compared
with Si2.6s4.o7s. while tho net corpo-
rate income for the period was Ssbe.sss.
against a deficit Of Ss7o,s27 for the
period ended March 81. 1914.
The New York. Ontario and Western
Railway Company for the month OF
March, 1915, showed railway operating
revenues OF ss2e.ols, as compared with
s6Te.46 for March. 1914. with a net
corporate income for the month show
Ing a deficit OF only slS,221, against
one Of s24s41 in March last year.
The railway operating income for the
nine months period was $s,7&s,s9s. as
compared with ss.e12s67. with a net
corporate income for the nine months
ended March 81. 1915, OF si3s,90c,
against one or $4lS.23o Tor the nine
months ended March 81. 1914.
For the month Of March the New
England Steamship Company reported
operating revenues OF s339.s66, as COM
pared with s322.726 for March. 1914.
with a net corporate income showing a
deficit Of only s246ss, against one OF
slOo.335 for March. 1914. For the
nine months ended March 81. 1915. the
operating revenue was s3,e7?.sl2, as
compared with s3.563.5s7. The net
corporate income showed deficit Of
22i.s3s. against a deficit OF sl34,220 for
the nine months ended March 81. 1914
The Rhode Island Company does not
make as favorable a report as do the
majority Of the other subsidiaries OF
the New Haven. For the month OF
March the operating revenue was s37?,-
1855. as compared with $4,000. while
the net corporate income showed a
deficit OF s56.2l3. against a deficit OF
only s20,Tos for March. 1914. For the
nine months ended March 81. 1915. the
net corporate income OF the company
shows deficit OF s59.065. against a
surplus Of sll2937 for the nine months
ended March 81, 1914