New-York tribune., 1918-08-07
Corporate Returns

Pierce Arrow Motor Car Company
Report Of operations for the second
quarter of the current year discloses
net operating profits of s1.523,42i.
which compares with S1.303.376 for the
corresponding period Of last year. an
increase of $220,045 Interest, depre-
citation and taxes totalled $60e .992,
leaving a surplus for the quarter Of
$914,029. or the equivalent to s2s5 a
share on $50 shares of common stock.
after allowing for preferred dividend
requirements.
Wolverine Copper Mining Company
Total receipts for the fiscal year
ended June 30 1918, amounted to 5000
l23, against sl.T0T.441 for the year be
fore. Expenditures, including depie-
tion and depreciation. We're S739, ,-23.
leaving a net profit Of s225 400 com
pared with 81 l.o2640 for the year be
fore. Other income was S16.520. bring
ing the total profit for tha year 10
$24l920, which compares with Sl026-
405 for the previous year. Dividends
paid during the period totaled s570,-
Geo, a decrease of $4,000 from the
year ended 1917. Previous surplus was
Sll0S.933 leaving g profit and loss
surplus at the end Of June 80, 1918,
Of S7s0,s53
st. Louis, Rocky Mountain & Pacific.
The company reports gross earnings
for the first SIX months Of 1913 Of s.
54S.395, compared with Si.7s4,3e9 for
the same months Of last year After
expenses and taxes Of S1.e75.715. net
earnings of S672,6S0 We're accounted
for, which compares with $534202 for
the spondIng period Of the year
before. Interest charges totalled Sl23.-
129, against S125.374 for the first six
months Of 1917. Reserve for deprecia-
ton and depletion amounted to $50.
484, leaving not sncome for the SIX
months period OF sass, ,4s6
Pittsburgh & West Virginia Railway.
Statement for the company and for
the West Side Belt Railroad Company
for the first half Of the current year
shows gross revenue amounting to ST.
2a2693 Surplus after taxes totaied
S7906S Gross income was sT6fO8
and surplus after charges amounted
10 S655209
Maine Central Railroad Company
Gross earn ngs for the six mon hs end
ed June 30 last we're S7.06s,l58, com
pared with $6,s2i 600 for the same
months Of the year previous. ar in
crease Of $243.467. Deficit after taxes
amounted to S721159. which compares
with j surplus after taxes for the cor
responding period Of last year cf ST.
406.2l5. Net operating deficit tota led
SO4Z. 3DI, against surplus Of %4241o2
for the SIX months ended June SO. 1917.
Utah Power and Light.-The com
pany's report Of operations for June
totalled $4,000. an increase Of S28.4
over June Of last year. After operating
expenses Of S2g9 BIB, net earn ings
amounted to @221173 compared with
S1Ss 6s6 for the same monfn Of 1877.
Other income was IS 99l bringing the
gross income for the month to $500
l64. Balance was 29006s Gross earn
ings for the twelve months ended June
80 we're s5.438,002 which compares
with s4.746.6s5 for the preceding twelve
months. an increase Of s691 40s After
operating expenses Of $2624 C90. net
earnings were $2,313.913. against s.
4l3,357 Tor the twelve months previ-
GUS. Total income was S29l2.595,
against S2.564.2s5 for the same period
Of the year before Balance amounted
to Sl,260992
Northern Pacific Railway Company.
Operating revenue Cor t1e SIX
months ended June go 1913. we're s42-
G23 ,234, compared with s42.l47 323 fer
the spending months Of 1917.
decrease Of S125039 Operating ex-
penses totalled S32 $50 755, an increase
over the same period Of last year Of
S79l5,4S9. Net revenue rotailed ga
0S2. .479, which compares with ST.
1873 05S for the frst SIX months Of the
year before Railway tax accruals
amounted TO s3,276,s42 compared with
81 9l4.355 for the SIX months ended
June 30, 1911 Operating income was
s5.Sl27lS. which compares with $l4,-
21l,694 for the corresponding months
Of last year. a decrease Of s8.39S,977.
Manhattan Electrical Supply Com
paay, Inc.-Sales Of the first half of
1913 totalled S2,637,6 ,662. compared with
S2.467.0S7 for the cores sponding months
OF the preceding year.
Jewel Tea mpany-Sales for the
four weeks ended July l3 last amount
ed to s1137.027. against s1139,7 705 for
the same period Of last year, decrease
OF s2677. Sa.es Tor twenty-e ght weeks
ended the same tine totailed ss182.
O4s which compares with ss.253 ,574, 2
decrease OF $7l,525 from the CORE
spending weeks Of the preceding
year.
Chicago & Alton Railroad.-The com
pany reports operating revenue tor NAY
Of sIS25,l75, an increase OF s98l56
over May Of last year. After operat-
ing expenses Of s1.527.725 net operat-
ing revenue was S297.449, p decrease
Of s205.l40 from the corresponding
month OF 1917. Balance for interest
was sl45.s8s Operating revenue fer
the first FIVE months % 1918 tot2led
ss1sq. .904 Net earnings amounted to
sfOO2.s45. from which taxes of s2ST.-
3l9 were deducted. leaving ar operat-
,ng income for the period Of STi5.625,
decrease Of $1.2I6,s27 from the same
month Of the preceding year. Balance
was s3So,32a
Butte Copper and Zinc Company
Gross earnings for the six months end
ed June 80 were s56l.337. Expenses,
salaries. etc, amounted 10 S15.S23. Net
earnings TO the company totalled $685.
337.
Sinclair Oil and Refining Company
Net earnings from operations for
the quarter ended June 80 last to
tailed s4.407 .66l. Other income OF S53,
643 was added TO this amount bring
ing the gross income 10 S4,46l,304.
Balance after fxed charges amounted
TO $3,539.721 Reserve for depletion,
depreciation, etc. was sl,052,072. leav-
ing the surplus for the quarter of
| S2,4s7,649.