New-York tribune., 1918-06-29
Corporate Returns

Philadelphia & Reading Railway
Company.-Receipts for May amounted
to $6,919,461, compared with $5,S87 .225
for the corresponding month Of last
year. After expenses of $5,672,O86 proht
in operating totalled $1,247,375, which
compares with $1,669,941 for the same
period Of 1917. Rent, interest, taxes,
ETC., were ss82, 500, leaving a surplus
for the period of $364,875. Receipts
for the first five months Of the current
year amounted to $28,852,O23, against
$26,754,715 for the corresponding
months of the preceding year. Ex-
penses were 6,557 ,179, leaving profit
of $2,294,S45, which compares with
$685. ,661 for the first five months Of
1917. Deficit after rents, interest,
taxes, ETC., Of $4,412,5O0 amounted to
$2,117, ,655, compared with q surplus for
the same period of the year before of
$2,S03, ,161.
Reading Company.-Report for May
discloses receipts of s611,747 against
$591 ,041 for the same month Of the
previous year. Expenses were $7,356,
leaving profit of s6O4,39O, an increase
Of $32,318 over May Of last year. In
terest and taxes part of which are es-
$493,0O0 for the same month Of the
preceding year. Surplus for the period
was $129,890. Receipts for the five
months ended May 81, 1918, were
$3,038, ,243, an increase Of $102,432 over
the first fve'months of last year. After
expenses Of $49,687 profit was $685.
556, which compares with $2,879.368 for
the corresponding period of 1917. Sur
plus amounted to S616,O56, an increase
of $201,687 for the same months of
the year previous.
Philadelphia and Reading Coal and
lron.-The company reports receipts
for May of S4,543, 1857, which compares
with $4,175,608 for the same period of
last year. Expenses amounted to
S4,l43,869, against $3,603,977 for the
corresponding month of 1917. Profit in
operating totalled $399,4s7. Surplus
was $379, 9,488, compared with $546, ,632
Tor May Of the preceding year. Re-
celpts for the first five months Of the
current year were $21.411, ,789, against
$18,757.138 for the Ave months ended
May 81. 1917. Profit was $1,432,646, a
decrease of $714,8S2. Surplus for the
period amounted to $1.G92,647.
Pacific Gas & Electric Company
The annual statement of operations
for the year ended December 81, 1917,
shows gross earnings of $19.813,3SI,
compared with $18,615,49S for the pre-
ceding year, an increase of s1,1s7, 1888.
Operating expenses totalled $8,904,329,
against $7,233,201 for the year before.
Taxes amounted to s1,253,239, an in
crease of $280,674 over the previous
year. Maintenance and depreciation
was $2,457,121. Net after operating
charges was $6,95S,690, which COM
pares with s7,806,615 for 1915. Other
income totalled $50s,347, bringing the
total income for the year to $7,467 ,O37.
compared with sS,316.5O1 for the wear
previous. Interest charges were Sd
1009O6 against S3,844,933 for the pre-
ceding year. Preferred dividends
paid during the period amounted to
S1,471 ,104. Common dividends were
s1,2s1 ,372. Surplus was 1896. $40. COM
pared with $1,161,1s9 for the previous
year, decrease Of $765,199.
Buffalo. Rochester & Pittsburgh
Railroad.-The company reports gross
earnings for the first five months Of
1918 of $6,445,263, against S5.438 202
for the corresponding months of last
year Net after taxes was $500 147.
which compares with $827,512 for fhe
same period of the preceding wear.
Deficit after charges amounted tn
$22S.A8O, compared with a surplus for
the first five months of the year before
of $473,501.
Jewell Tea Company, Inc.-Sales for
the four weeks ended June is amount
ed to $l,144,095, compared with ST.
1b7091 for the same weeks of the nre-
vious year. Sales for the twentv-iour
weeks ended the same time totalisd