New-York tribune., 1918-08-27
Corporate Returns

Central Foundry COmpany.-SeMl-
annual report discloses total earnings
after operating expenses Of $4Ss,9SS.
Sinking fund and depreciation
amounted to $11s,355, and provis /
for Federal taxes totalled S37 1920. Net
income was S53,966, from which bond
interest and floating debt of $53,966
was taken, leaving net profit OF
$199,17O for the six months.
American Express Company.-The
first quarter Of 1918 shows gross earn
ings of $11,2o6,199, an increase of
81, ,S30,S85 over the corresponding quar-
ter of the preceding year. Net oper-
ating deficit totalled S751,234, against
surplus for the same period OF last
year of S279,2O5 Deficit after taxes
amounted to S878,615.
Puget Sound Traction, Light and
Power.-Gross earnings of this COM
pany and subsidiaries for June to-
tailed S939,392, an increase of S1So,olo
over June, 1917. Operating expenses
and taxes totalled s5e6,621, leaving net
earnings of $372, ,760. Balance for re-
serves, CIC., dillOQllCCU w YAO',NS
Gross earnings for the twelve months
were S1O,513,264, against S8,S12,115 for
the preceding twelve months, an IN
crease of S1,701,1 ,149. After operating
expenses and taxes Of s6,548665 net
earnings were S3,964,598. Sinking fund
requirements were S395,727, leaving a
balance of $1,462, 1879.
Cape Breton Electric Company
Gross earnings for the twelve months
ended June last were S486,048. Oper-
ating expenses and taxes amounted to
s339,416, and balance for dividends,
ETC., totalled $6S,215.
Columbus Electric Company
Twelve months gross earnings were
s1,178,396, which compares with $685.
June 80, 1917. Interest charges
requirements were S58,410. Balance to-
totalled S329,230 and sinking fund re-
quirements were s58,410. Balance to-
tailed S329,09O, an increase of $4,000.
Connecticut Power Company.-Gross
revenue for the twelve months ended
June so last was S916,639, against
sS1S,735 for last year. Operating eX-
penses and taxes amounted to $780,
GOT, leaving net earnings of S380,731.
After sinking fund payments of S21,-
1862 balance for dividends, etc, was
S153,112.
Blackstone Valley Gas and Electric
Company.-Gross earnings for the
twelve months ended June 80 were
s2,168,965. Operating expenses and
taxes totalled S1,51O,512, and other
deductions amounted to S105,500, leav-
ing q balance of S552,953. Interest
for sinking fund requirements balance
was S347, ,608.
Edison Electric Illuminating Com
pany of Brockton.-After operating ex-
penses and taxes of S484,O95 net earn
ings for the twelve months ended June
80 last amounted to S272,450. Interest
and amortization charges totalled
S6O,759. Balance for requirements,
etc, was S206,691, comparative de-
crease of 1886.
Northern Texas Electric Gross
earnings for the company and sub
sidiaries for June totalled $3.50, 1852,
which compares with s179,406 for
June of last year. Other income
amounted to $9,593 Balance for divi-
dends was S75,23S.
Mississippi River Power Company
Gross revenue for the twelve months
ended June so amounted to S2,115 033,
an increase over the same period of
the year before of S272,134. Net earn
ings were $1,7O5,7O9, of which S1,257,-
S92 was taken for amortization and in
terest charges, leaving balance of
S447,S18. Balance available for divi-
dends. requirements. etc, was S254,4 ,4S7,
an increase of $7O,039.
Galveston Houston Electric Com
pany.-June gross revenue was $500
1853, against $164,44S for the same
month of the preceding year. After
operating expenses and taxes of S147,-
S95 net revenue totalled SS2, 1857 Sink
ing fund requirements amounted to
S10,167 and the balance was s43, ,433
Gross earnings for the twelve months
SS29,413, an increase of S155,71S. Bal
ance before requirements, etc, was
s365,123
Ell Paso Electric.-Statemen for the
company and subsidiaries for the
twelve months ended June 80. 1918.
shows gross earnings Of $1,272,065 In
terest charges amounted to STA. .765,
and sinking fund requirements s2,3SO,
leaving balance of $362,251.
Savannah Electric Company.-Twelve
months gross earnings were S1,071,-
437. which compares with sSsS,9O6 for
the twelve months ended June 80, 1917.
Net earnings totalled S352,0S2, an in
crease of S50,514. Sinking fund re-
ouirements amounted to $4,000, and
balance Tor reserves, etc, was $56,173.
Eastern Texas Electric.-The COM
pany reports gross earnings for the
twelve months ended June 80 last of
S1,01S,129 Net revenue was s455. .o37
and other income amounted to s211O5.
Balance totalled $326,294, an increase
of S29,564.
Argentina to Import Sugar