New-York tribune., 1918-07-04
Corporate Returns
Illinois Central ilai

Illinois Central itailrOad-lhe COM
pany reports total revenue Ter May OF
81 ,9S1 ,741, compared with $i,3t9,9Z' 1or
the corresponding month OF last year
Expenses, taxes, etc, amounted TO 9o'-
779.O1O. against S5,720,0S9 for the same
period Of the preceding year. Net rev
enue for the month was $l,2O2, ,73o. To-
tai revenue for the FIVE months ended
May 81 last was S3S ,892,Sl2, when
comUares with S34 ,439 ,9S4 for the nrst
five months of 1917. After expenses
and taxes of S33,1l3,937 net revenue
was S5,77S ,875.
Atlantic Coast Line Railroad Com
pany.-Statemen of operations tor Nay
disclvses operating revenue of 49,
T87, which compares with S3,576,ol3 Tor
the same period of the previous year.
Net operating revenue amounted to 81
C85, 5,469, compared with $9l4,356 for May
of last year. Operating income totalled
$7S5 ,468. Operating revenue for the
first five months of 1918 was 81 ,o62,-
l61, against $18,744,433 for the CORE
spending months Of the year before
Operating income was S5,69S ,122, COM
pared with $5,8O5,93S for the Same
leriod of the preceding year
Yazoo & Mississippi Railroad The
company's rorort for May shows gross
earnings of 81 ,582, 1888, from which ex-
pcnses, taxes, ETC., of $1,270,478 were
deducted, leaving net revenue Of $311,-
S55, which compares with 1927 ,673 for
the spending period OF last wear
Total revenue for the five months ended
May 81, 1918. was Ss,l ,696, compared
with $6,758, ,445 for the same months Of
1917.
Buffalo Mines Company, Ltd.-The
annual report of operations for the
1oL 1,c
operating revenue of 1924, ,140, which
compares with $375,895 for the preced-
ing fiscal year. Other income totalled
Stag, bringing the gross income to
1881 ,286, against $37G,465 for the year
before. Operating expenses, etc, of
1857 ,004 were deducted, leaving net
income for the period of S264,2S2, COM
pared with $36,503 for the previous
year. Surplus amounted 10 $2e4,2S2.
Central of Georgia Railway.-The
company reports gross operating reve-
nues for May Of Sl,412 ,662, compared
with SLIT .474 for the corresponding
month Of 1917. After expenses of ST.
0S7 1916 net operating revenues amounted
to 1926, ,284, an increase of S6O,353 over
the same period of the year before
Operating income totalled $251 ,09O,
against $199 90l for May of last year.
Operating revenue for the FIVE months
ended May 81, 1918, was S8,O29 406,
which compares with S5926,7S3 for the
first five months of the preceding year
an increase OF S2,102 6S3. Operating
expenses were $5,572, ,33l, leaving net
earnings of $2,457,135 After taxes Of
$309,TG3 and uncollectible revenues of
$1,79l, an operating income of $2,0S5,-
ool was accounted for.
Commonwealth Power Railway and
Light Company. for May OF
The company and subsidiaries show
gross earnings amounting to S1.709 $50
Expenses were S1,0l6,720, leaving net
earnings for the period of $G95 l39
Fixed charges. including dividends on
outstanding preferred stocks of the
constituent companies, in addition to
taxes and interest, were S6ll 4S9 Divi-
demos Oh the preferred stock totalled
$89,7 ,765. Gross revenue for the twelve
months ended May 81, 1913. amounted
to $40, Sal. After operating ex-
penses OF S12 205 SAT net earnings were
80 303 1898 Net profits for the period
were 81 S1,4l9,273. Preferred dividends
paid during the twelve months totalled
Sl,0T,-lO, leaving a balance available
for dividends on the common stock and
requirements of S342,064.
Great Northern Iron Ore Properties
Total receipts for the year ended De
cembcr 81, 1917, were S9O,o57 which
compares with $2,l5S,5l for the year
before. Expenses, taxes, etc. amounted
to Sl0l,366, against $50 ,663 for the pre-.
cedlng year. Dividends paid during the
year totalled 81 $50 600, an increase of
1878 600 over 1916. Deficit for the year
amounted to So 260, 400, compared with
surplus for the previous year of $2l3,-
SS4. Profit and loss surplus was ST.
079,775.
Federal Mining and Smelling Com
pany.-Net earnings for May amounted
to $134,S74.
Northern Ohio Electric Corporation.
Gross earnings for the corporation
and subsidiary companies for May were
5000 395, from which operating ex-
penses of $384,o33 were deducted, leav.
ing net earnings of S225362. Net
profits for the period totalled S79,7S3.
Preferred dividends paid were $50 600,
the same amount paid during the pre-
ceding month. Balance was SAG 7s4
Grcss earnings for the first five months
Of the current year were $2,874,796 Op
Grating expenses amounted to s1.84i =
524 and fixed charges were S708 .O65,
leaving net profits of S325.207. Balance
available for common dividends, etc,