New-York tribune., 1918-07-31
Corporate Returns

National Acme Company.-Report of
operations for the quarter ended June
SO last discloses net sales totalling 49,
5O9,581, which compares with $4,729,
A53 for the corresponding quarter of
the preceding year, decrease of $685.,
872. Net profits amounted to ST.,
540,829, against $1,448,051 for the same
months of 1917. Dividend paid during
the quarter was $375,OOO, the same
amount paid the CORES ponding quarter
Of the year before. Surplus was ST.
165,829, an increase of S92,778.
Eastern Steamship Corporation
Total operating revenue for June was
1924, ,439, compared with $463, ,183 for
the same month Of last year. Total
net income totalled S17,795, an increase
of $13,103 over the corresponding
period of the year previous. Deficit
after charges for the month amounted
to 1888. Total operating revenue for
the first six months OF the current year
was $l,599,276, decrease of 1924 ,S42
from the same months Of the preced-
ing year. Total net income was 500 ,9OS,
which compares with a deficit for the
same months of 1917 of S25O,37O
Deficit after charges totalled S59,371,
against $446,679 for the first half of
last year, decrease in deficit Of
300 ,oUS.
Republic Railway and Light.-The
company reports gross earnings for
June of S449, BAL, compared with S375,-
345 for the same period of the previous
year. Net after taxes amounted to
$136,269, an increase of $15,309 over
the corresponding period of 1917. Sur
plus after preferred dividend had been
paid totalled 1859. Gross earnings
% n
1918, amounted to $5,467, $50, against
S4,2S3,O69 for the preceding twelve
months, an increase of S1,1S4,52O. Net
after taxes was $1,635 ,06S, which com
pares with $1,59A,265 for the twelve
months ended June 80, 1917 Balance
after charges was $614,943, decrease
Of $104,617. After preferred dividend
was paid, surplus for the period
totalled S303,459.
Canadian Pacific Railroad Company.
Statement for June shows gross
earnings of S12, 2,577 ,206, which compares
with S13,556,980 for the corresponding
month of the year previous. Net
amounted to $2,812,147, against So
9l5,906 for the same period of the
preceding year. Gross earnings for
the six months ended June 80 last were
S72,O12,1S6, compared with $71.356,771
for the same months of 1917. Net
totalled S14, 4,70G,893 against $2O.997449
for the six months ended June 80, 1917.
Cunard Steamship Company, Ltd
After providing reserve for contingent
liabilities arising out of the war. gross
earnings for the year ended December
81, 1917, amounted to G3,999 ,917, COM
pared with s6,82O,251 for the year be-
fore. After expenses of f2,S9O,991. net
earnings for the year totalled ST.
lU8,926, which compares with f2,339,-
ISL for the previous year Previous
surplus was 4151,476. bringing the total
surplus to el,260. 400, from which de-
probation of t379 ,632 and income tax
Of 3201 500 was deducted. Other charges
were s1l9,5365, leaving balance avail
able for dividends of e559, ,632. Divi-
dcnds paid during the year amounted
to Sl35,OOO, against a402 ,080 paid dur
ing 1916. Profit and loss surplus
tctalled 9424,6 ,632.
Missouri. Kansas & Texas Railroad.
The company's report of operations
for the year ended December 81. 1917,
dlscloses gross earnings of SAB 3,344,15O,
which compare with S36733, ,6S2 for the
year before. Operating expenses
amounted to s33 l46 III, leaving net
earnings for the year of $1O.l98.OS9,
against S7,293, PSI &~r the preceding
year. Other income totalled $588,837,
bringing the gross income to S1O,7S6,-
$40. After charges, taxes, etc, surplus
was Sl,o79,573, compared with a deficit
for the previous year of $1,134,634 :.
Pacific Gas and Electric Company
Operating revenue for June totalled
81 ,o6O,815, an increase over the CORE
spending month of last year of $780,
ss3. After taxes and depreciation of
Sl,117,2SA, net earnings of S743,53l
were accounted for. Other income
amounted to $40,251, and after interest
and preferred dividends of S483, ,233, the
balance was s3oo,549. Operating revc-
nue. for the year ended June 80, 1918.
was S20,613 ,259, an increase of ST.
528,s34 over the preceding twelve
months. Taxes and depreciation totalled
$15, 1888, leaving a net OF S6,9O6,526.
to which other income of S502,358 was
added, bringing the total income to
s7,4o8,884. Interest and preferred divi-
ddends amounted to S5,so3, ,120. Balance
for the twelve months period was
Sl,605,764 g. decrease OF S913.519