New-York tribune., 1918-05-18
Corporate Returns
North Ohio Traction and Light Com

North Ohio Traction and Light Com
pany.-Report for the twelve months
ended March 81, 1918, shows gross
earnings of $6,599.13O, compared with
$5,543, IT'S, an increase Of $1,o15,351 over
the corresponding months Of the pre-
ceding year. Net after taxes amounted
to $2,367 ,191, against $2,500,364 for the
twelve months ended March, 1917. Sur
plus after charges for the period
totalled $1,353,684, decrease of $780,
126 from the same period of the pre-
vious year.
Toledo, st. Louis & Western Railway.
The company reports gross earnings
for March of $650,965, compared with
$633,532 for the corresponding month
of last year. Net totalled $186,367,
against $113,376 for the same period of
1917. Balance for interest amounted
to $156,129. Gross earnings for the
first quarter of 1913 we're $1,532,7s1,
compared with $1,525,928 for the COR
responding quarter Of the previous
year. Net after taxes was $152,457,
against $303,474 for the same months
of the year before. Balance Tor the
quarter amounted to s45,595.
Kanawha & Michigan Railway Com
pany. - Annual report for the year
ended December 81 last discloses gross
earnings of $3,606,991, an increase of
$79,13O over the previous year. After
expenses of $2,543, ,126, net revenue from
railway operations amounted to 81 ,O63,-
865. Railway tax accruals totallcd
8O,385, leaving operating income of
$783,457, to which incorporating in
come of $687,900 was added, bringing
tne tne 81 gross income for the year to ST.
471,S58. Total deductions from that
amount were $312,580. Four dividends
aggregating 5 per cent amounted to
S45O,OOO, the same sum paid during the
previous year. Surplus was $708,777,
compared with $747,365 for the year
before, decrease of $685.
Toledo & Ohio Central Railway. -
cember 81, 1918. was $8,08s, ,541, com
pared with $6,2o3,847 for 1915 Ex-
penses were $6,114,3O4, against s4,61O,-
S35 for the previous year. Other in
come amounted to $692,149, decrease
OF $223,914 from the preceding wear.
Deductions totalled $1,379,782, com
pared with $1,464,933 for the wear be-
fore. Net income for the year was
$a14,690. vac
Manhattan Electrical Supply Com.
pany.-Sales for the first four months
OF the current year amounted to ST.
711,160. Sales for the year ended De-
cember 81 last were 1924 1924, and net
profits after providing for all taxes
totalled $625,885.
Grand Trunk Railway Company of
Canada. - Statement for the wear
ended December 81, 1917, shows gross
receipts of 210,725,482, against s9.819.-
TAO for the year before. Expenses
amounted to s9,oo2,s94, an increase Of
81, ,774,867 over the previous year. Other
income was f546,151, compared with
s509,b19 for the preceding year. In
terest and other charges totalled 60
242.459. leaving surplus for the wear
OF 6,280, decrease of s8O22S1 from
1916. o'''
Utah Metal and Tunnel Companv
Total income for the year ended De-
cember 81 last amounted to 1912 .344
compared with $1,535,214 for the vear
before. Expenses were $500, 1852. leav-
ing operating profit of $291, ,320. against
$6o1 $3.50 for the preceding year. Taxes
end interest on bonds totalled s23.1s6
After deduction charge of sS4.527 -. a
surplus of s40.993 was accounted for. "