New-York tribune., 1918-06-06
Corporate Returns

Acme Tea Company.-The annual re-
port of operations for the year ended
December 81, 1917, shows total sales
amounting to $24,540,855, which COM
pares with s18,314,738 for the year be-
fore Net profit totalled S1,100,925,
against $685. ,4S3 for the preceding year
After Federal taxes of $299,5O8 and
miscellaneous credit adjustments OF
$15,319, surplus for the year amounted
to S816,736, compared with S696,483 for
the previous year. Dividends paid dur
ing the period were S221, $50. Sinking
fund amounted to $56,816. Balance was
$530,37O, which is the equivalent to
1883 per share on s3,500,000 shares Of
outstanding common stock.
American Power & Light. - Report
for the company and all subsidiary op-
Grating companies for April dlscloses
gross earnings of $1,045,938, an in
crease of $145,392 over the same period
of last year. Net earnings amounted to
S406,598, against $376,004 for the CORE
spending month of the previous year.
Gross earnings for the twelve months >
$11, 1,93O,629, against S10,671 ,733 for the
same months of 1917. Net earnings
were S4,898,854, compared with $4,-
708,986 for the corresponding period OF
the previous year, an increase OF
$189,868.
New York Railways. - The company
reports gross earnings for April of
1898 ,452, compared with 81 ,033, SOB for
the same month of the year before.
Net after taxes totalled 1921 ,943. Sur
plus after charges was S15,393, against
$12,740 for April of the previous year
Gross earnings for the twelve months
ended April 80, 1918, amounted to g..
967,978, which compare with S9,389 ,8l4
for the corresponding period Of the
preceding year. Net earnings totalled
$231S,395, against s1,841 1897 for the
twelve months period ended the same
time last year. Surplus for the twelve
months was 5000, compared with
deficit of S451, ,531 for the same period
of 1917.
Albert Pick & Co.-Sales for May,
after deducting all returns and allow
ances, were S620987, an increase of 26
per cent over the corresponding period
of the year previous.
Colorado Power. The company's
statement for April shows gross earn
ings of $1O6,934, from which operating
expenses and taxes of S44 $40 were de-
month of $62,2S4, compared with S54,-
Sol for the same month of the preced-
ing year Other income was $1,402,
bringing the total income for the period
to $63,687, an increase of $5,683 over
the corresponding period of 1917
Gross earnings for the twelve months
amounted to S1,233,041. Other income
of $30,308 was added to net earnings
of s7o7, 7,627,. making total income OF OF
$737,ss5. After interest charges Of Of
$225,S12 and depreciation reserve OF
S122,130, net income totalled $4,000
Dividends of $47,255 on the preferred
and 1921, 1854 on the common stocks
were paid, leaving a surplus for the
period of $121,473.
New Orleans, Texas & Mexico Rail-
way COmpany.---Gross earnings Tor
April totalled $657,357, compared with
$497,678 for the same period of the
previous year. Net after taxes amounted
to ,786. Surplus after charges was
$211 ,632, against s144.3S9 for the CORE
spending month of last year. Gross
earnings for the first four months OF
the current year were $2,616,269, COM
pared with $2,2O5,906 for the same
months of the preceding year. Net
after taxes was $913,254, against
S766 .O38 for the four months ended
April, 1917. Surplus for the period
was $728,864, compared with S594 069
for the corresponding period OF last
year.
Lamson COmpany.-Report for the
year ended December 81, 1917, discloses
total income of $2,248,212, which COM
year. Net earnings totalled $285, 1856,
against $261,579 for tho year before.
Total net amounted to $296,879, COM
pared with $272,O5 for the preceding
year. Net profit was $232,993, against
$213,S84 for 1917 Surplus after divi-
dcnds were paid was S152,993, compared
with s153,884 for the year previous.
Duluth & Iron Range Railroad Com
pany.-The annual statement for the
year ended December 81 shows total
operating revenue of S7,371,399, against
$7,170,864 for 1916. Operating expenses
amounted to s4,41S,os4; leaving net
pared with s3,572,324 for the previous
year. Tax accruals and uncollectible
revenues totalled s651,962, against
s41S,786 for the calendar year ended
December, 1916. Other income was
S197 7,617, bringing the gross income to
S225 ,S42, from which deductions of
S755,862 were taken. Surplus for the
year was 81, ,743,l ,l0S.
American Pneumatic Service Com
rany.-Net earnings for the calendar
year 1917 were $522 ,298, compared with
$3.50, 1898 for the previous year. After
depreciation Of s61, ,064, sinking fund of
SEC JAG, and interest on bonds of S70,-
GA. profit for the year amounted to
$S64,164, against s427 ,201 for the year
before. Dividends paid during the
year totalled $294,579, which compares
with S294,476 for the preceding year.
Surplus for the period was $69 ,594,
against $1S2,725 for the year ended
1916.
Minneapolis, St. Paul & Sault Ste.
Marie Railway.-The company reports
operating revenue for April Of $1,614,-
16O. Operating income after expenses
and taxes amount to sol ,029, compared
with S4o4,69b for the same month Of
the year before. Operating revenue for
the four months ended Anril 90 lna4