ANNUAL REPORT,
 

To the Stockholde7's of

THE   EDISON ELECTRIC ILLUMINATING COMPANY OF NEW YORK.

In presenting; the annual report of operations dur¬
ing the past year, it is gratifying to notice a continued
increase in the business and prosperity of your Company.

The total earnings for the year ending

December 31, 1890, were...........   $446,268 6r

Operating expenses, repairs and re¬
newals ............................     192,934 95

Net earnings of stations.............   %'^SZiZ'hZ 66

Income from other sources..........        42,327  22

$295,660 88
Less general expenses and taxes.......     $66,582 08

Net earnings of Company............   $229,078 80

Less interest allowance on proportion
of bonds issued for property in use
during 1890.......................        24,000 00

Total net income   ..................    $205,078 80
 

It seems not inappropriate at this time to give a sum¬
mary of gross and net earnings since 1884, and also to
submit a table showing the growth of the business of
the Company in other respects :