New-York tribune., 1918-05-08
Corporate Returns
Cincinnati Northern Railroad Com

CInclnndtl Northern railroad Com
pany.-Annual report for the year
ating revenue of $2.44O,829, compared
with $1,909,947 for the preceding year.
Operating expenses totalled $1,767,2O2,
leaving net revenue of $673, ,627, from
which taxes, etc., of $129,227, were de-
Quoted. Other income amounted to
$8,609, bringing the gross income for
the year to $553,O09. Surplus was $780,
230, of $967 per share, on 10000 shares
of stock, against $358,622, equal to
s11.95 per share earned in 1915. Divi-
dends were $4,000. the same amount
paid the year before. Balance was
s2OO,23O.
IS. II. Kress & Co.-Gross earnings
for April amounted to $1,573 ,494, an in
crease of $166,65S over the corre-
| spending month Of last year. Gross
| for the first four months Of 1918, was
| S5.513,815, compared with $4,683,65
| for the same period of the previous
year.
Lake Erie & Western Railroad Com
pany.-Operating income for the year
ended December 81, 1917, was $8,122,-
S95, against $7,404,183 for the year be-
| fore. Operating expenses were $5,871,- :
| 532, compared with 81 ,699.268 for 1916.
After taxes, etc, Of $397,587, operat-
ing income amounted to $685. IT'S, to
which other income amounting to $780,
6S2 was added. bringing the gross in
come to S1,99o,45s. Surplus totalled
$733,593, which is equivalent to 10
cents per share on 118,400 shares of
common stock after per cent divi-
dend requirements on the preferred
stock, compared. with $1,519,967, or
$6.83 per share, earned in the previous
year.
General Asphalt Company.-Annual
report for the fiscal year ended Janu-
ary 81 1918, shows trading income of
11,677,309, compared with $1O,445, ,7O5
for the previous year. Expenses, de-
probation, ETC., amounted to $1O,1O6,-
240, against $S,S00,976 for the preced-
ing year. Other ncome amounted to
$100,87S. After interest, general ex-
pense, ETC., of 1927, ,535, and war taxes
Of $151014, net profit totalled S1,O19,-
$50, compared with $921,965 for the
year before. Preferred dividends were
S652,705, the same amount paid dur
ing the previous fiscal year. Surplus
was $366,645.
Jewel Tea Company.-Gross earn
ings for the four weeks ended April
20 were $1,175,908, decrease of $7,O69
over the same weeks of 1917. Gross for
the Sixteen weeks ended the same date
amounted to $4,716,93l.
Great Northern Railway.-The COM
pany reports approximate gross earn
lngs for April of S6,4O1,854, a de-
crease of $334,334 from the same month
of 1917. For the four months ended
April 80, last, gross WAS $23,879,719,
an increase of S532,161 over the cor
responding period of last year.
California Packing Corporation
Profit for the year ended December 81,
1917, after deducting expenses and
Federal taxes, amounted to S3,614.531.
Income from investments was s2.533.-
400, bringing the total income to So
147,940. Preferred dividends totalled
S592,26S, and common dividends, $5O8
343, leaving surplus for the year of
S5,047 1929. After a full years pre-
ferred dividend, balance was equal to
Sl6.39 per share on the common stock,
against 1896 per share earned in 1916.
The Great Atlantic and Pacific Tea
Company.-Total earnings for the year
ended February 28, 1918, for the com
pany and subsidiary company, the Great
Atlantic and Pacific Tea Company of
New Jersey, amounted to $6,533 ,94O
Depreciation totalled s606,527. Reserve
for income and excess profit tax was
%S,ooo,o45. Net earnings were So,Oli,- =
O64, from which dividends of $500, 100
were deducted, leaving a surplus for
the year of S3,061,274.
New York Central Railroad.-Operat-
ing revenue of the combined lines for
March was s37.576,046, an increase OF
$6,612,756 over the corresponding month
of 1917. Net income was $3,867, ,706
Operating revenue for the quarter
amounted to s92,509, ,979, an increase OF
| S7,497. .503 over the same quarter OF
last year Deficit for the period to-
tailed $4,587,109.
London Money Market
Max 7--Money was very plentiful and
the demand slack, SO that the rate
eased to 2h per cent. Discounts were
quiet, with short bills bringing 31a pei
cent and three months bills 39-16 ne,
cent. Gold premiums at Lisbon, 130.
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