New-York tribune., 1918-06-15
Corporate Returns

Company The annual report Of oper-
atlons for the year ended December 81,
1917, dlscloses total operating revenue
OF S6,491 1853, which compares with
S5,o97 ,506 for the preceding year. Bal
ance after expenses and taxes totalled
$1,085,397, to which other income of
S67,177 was added, bringing the gross
income to S1.152,575, against $1264 4O6
1or the previous year. Surplus after
charges for the period amounted to
1888, ,482, compared with $357.70O for
the year before, decrease OF S104.2lS.
Chattanooga Railway and Light
for April of S145,62O, an increase Of
S33, ,78O over the corresponding month
last year. Net earnings totalled $685.
654, from which interest of $3O.996 was
deducted, leaving surplus for the period
of $7,558, against $4262 for the same
month of 1917. Gross revenue for Ne
twelve months ended April 80 last
amounted to $1,503319, compared with
Sl,26O,774 for the corresponding
months of the year previous Net was
1923 $40, against S384,813 for the same
period of the preceding year. After in
,terest. ETC., of S364,362 the deficit
amounted to $140,692, compared with
surplus for the year before of S26,598.
Grand Rapids Railway Company
The statement for April shows gross
revenue of s99,937, compared with
SOB OPS for April of the previous year
Net earnings were s22ooe, decrease
of $500 from the corresponding
month of last year. Interest amounted
to $19,421, leaving a surplus for the
month of $2585. Gross earnings for
the twelve months totalled S1289.657.
compared with S1,310,473 for the same
months of the preceding year, de-
crease of S20,816. Balance after in
terest, preferred dividends and other
charges for the twelve months amount
cd to S33 ,971.
Armour & Co.-Gross sales for the
first six months of the fiscal wear
ended April 81 last were 1921, 737, ,O64,
an increase of $94,078,471 over the pre-
vious year.
Portland Railway, Light and Power.
The company's report for April dis
closes gross earnings Of $616,280, COM
pared with $473,358 for the same month
of last year. Net earnings totalled
$249,853, against S212,764 for April of
the wear before. Surplus for the month
amounted to S71,468. Gross earnings
for the twelve months ended April 80,
1918, were S6,53O,330, which compares
with $5,617,994 for the corresponding
months Of the preceding year. Net
$2,569,477 for the same period of the
previous year. Surplus for the period
totalled $435,230.
Columbus Railway, Power and Light
Company--Gross earnings for April
were $346,98S,. against s3o4,s19 for the
same month Of 1917. Net totalled $104,-
800, compared with $S2,334 for the cor
responding period of the preceding
year. Surplus amounted to s48,255,
which compares with s37,396 for April
of last year. Gross revenue for the
twelve months was S4,157,6 ,639, compared
with $3,677,280 for the same months of
the year previous. Net earnings
amounted to $1,069,597, against s1,337,-
96S for the corresponding months of
the previous year. Balance after divi-
dends had been paid totalled $163,23O.
East st. Louis & Suburban System
Report of operations for April shows
gross earnings totalling 1921 ,032. After
expenses, net earnings were $75,550,
compared with $112,695 for April of
the preceding year. Surplus amounted
to ,$7,s64. Gross earnings for the
current year were $3,S0638O. Net to-
tailed $1,077,591, compared with $1,247,-
978 for the corresponding period of the
year before. After dividends had been
paid balance amounted to $102,505.
Commonwealth Power, Railway &
Light System.-The company reports
gross revenue for April of $1721,352.
Net earnings were $500 .144, compared
with $607,538 for the same period of
last year. Surplus for the month to-
tailed $104,871. Gross earnings amount
ed to $20311, ,495, an increase of s2,576,-
403 over the corresponding months of
the preceding year. Net was S6,985, 100,
against $7,592,878 for the twelve months
ended April, 1917. Balance after divi-
dends was $403,25O.
Tennessee Railway, Light and Power
Company.-Gross earnings for April
were $470,931, which compares with
$422,179 for the corresponding month
of 1917. Net earnings amounted to
Sl98,250, against s169,75O for the same
period of the previous year. Surplus
totalled $60,7S8. Gross earnings for
the twelve months ended April 80, 1918.
were $5,439,652, compared with S5,O51,-
124 for, the corresponding months Of
last year. Net was 81 ,S89, ,467, and sur