New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-27
Relevant Facts

Central Railroad of New Jersey
Operating revenues of this road IN
1916 totallcd S34,372,348. according to
the annual report issued yesterday, an
increase over 1915 of S3,S03.443. Net
operating revenues were sl2,2l5,1O1, an
increase of s1,5O1 ,O78. Of total operat-
ing revenues of the company S14,9I6,-
791 was accounted for by merchandise
shipments, $751; 500 by anthracite coal
shipments and $6,l13,O13 by passenger
traffic. The surplus from the years
operations after dividends was S2,oO0,-
AIS. an increase of S690,332 over 1919.
william G.. Besler, president and
general manager, says that lncluded IN
the total operating expense account OF
S221156.647 were expenditures OF SOY
$50 for employees compensation laws
in New Jersey and Pennsylvania, S94-
631 for the Federal valuation OF rail-
roads and 1921, 972 for full crew laws
The average revenue tonnage per
train miles last year was 56O.l tons,
decrease of 16.2 tens, and the average
distance each ton was carried was VIA
miles, decrease Of 0.63 mile.
! Baltimore & Ohio RairOad.-Ih he
roads statement Of operations IN
March shows gross operating revenues
of 50 .692, 100, an increase of S423,Ooo
compared with the corresponding
period of 1916. Net revenue totalled
S1.46S, SO7. a decrease of S7l8,737, COM
pared with a year ago. The decrease
was due TO an increase of Sl,3Sl Oh
in transportation expenses. For the
first three months of the year ended
! with March 81 the company reported
/ S2S.130.774 in operating revenues, an
! increase Of $2,09l 500, compared with
a year ago. Net revenue of S5,939,ll5
, represented decrease of S231,044.
The company issued this statement eX-
planning the unfavorable showing
made in March: "The large increase
in transportation expenses due most
/ ~ to the adjustment of the wage Of
the trainmen TO meet the eight-hour
day and the back pay due them under
this law from January l."
Allis.-Chalmer Manufacturing Com
pany. Quarterly report shows total
sales Of S5,183,716, compared with S4,-
374,S40 in the corresponding three
months of 1916. Net profits were
s9OO672 against S74O,337 year ago.
Untitled orders on hand at the end Of
the quarter amounted to Sl6000,847,
exceeding 1916 orders by s3,968, sci.
Metropolitan Steamship Co. - The
Court of Errors and Appeals at Tren-
ton yesterday made an order allowing
Edward ". Collie. receiver for the
company, to enforce the receivership
decree made in the Court of Chancery,
notwithstanding that an appeal has
been taken to the higher court. The
receiver is authorized to prosecute
pending suits.
Consolidated Gas Company. -Declar-
alton by the Consolidated Gas direct
ors Yesterday of the regular quarterly
dividend Of Ia per cent set at rest
reports that the disbursement might
be reduced. The stock made prac-
ticaliy no response to the dividend an
nouncement. however, closing a frac-
ton up. at 1874, on dealings of 1000
shares. This is the lowest level for
the stock since 1914, when it was
quoted around 112 as a 6 per cent divi-
dend payer.
international Mercantile Marine
became strong in the late trading on
the Stock Exchange yesterday. The for
mer advanced to 8lA, closing at 80b,
up IS; the common was less active, but
showed a net gain for the day of Is. A
meeting of the executive committee was
held after the close of the stock market,
but no announcement was made con-
corning the matters discussed. The
presence of Harold A. Sanderson, one
of the British members of the board at
the meeting, led TO reports that impor-
tant information was given concerning
the prospective taking over of the Brit
ish controlled vessels by the govern
ment
Allis-Chalmers Manufacturing Com
pany.-The report for the three months
ended March 81 shows total sales
amounting to $5,183, TIC, gain Of $685.,
$40 over the corresponding period of
1916. Net profits totalled $900,672, an
increase of S126,5S6. Untitled orders
at the close of the quarter amounted to
$l6,000,847, exceeding those a year ago
by S3,968,56l.
Missouri. Kansas & Texas.-Advices
from st. Louis yesterday stated that
Federal Judge Hook, upon the petition
of Receiver Schaff, had authorized the
payment of the interest on the first
mortgage bonds of the Missouri, Kan
sas & Oklahoma Railroad and the Boon
willie Bridge Company, which matured
November /. The court also authorized
payment Of the interest on the first
mortgage bonds of the parent company,
which matured December /.