HUDSON   AND   MANHATTAN   RAILROAD   COMPANY

Condensed Comparative Statement of Income
 


 

January
1910
 

February
1910
 

March
1910
 


 

$324,669.95
142,779.61
 

$309,276.65
129,101.59
 

$342,708.26
 

Operating Expenses and Taxes on Properties Employed in
 

140,982.36
 


 

181,870.34
 

180,175.06
 

201,725.90
 


 

228,850.00
57,911.67
 

243,165.33
72,227.00
 

242,305.21
 

Less Interest Chargeable to Construction........
 

71,366.87
 

Balance, being Interest on Capital Employed in Operation
and Chargeable against Income, viz :   $5,000,000   N.
Y. & J. 5s, and $40,028,000 H. & M. 4J^s     ....
 

170,938.33
13,217.11
 

170,938.33
17,630.39
 

170,938.34
19,062,89
 

Total Deductions from Income...........
 

184,155.44
 

188,568.72
 

190,001.23
 

Net Income after Deduction of Fixed Charges Applicable
against   that   portion   of   the Property Employed in
Present Operations.    (.Nate.—Italics Deficit)    ....
 

2,285.10
 

S,393.66
 

11,724.67
 

Depreciation included above in Operating   E.xpenses  and
set up in Amortization Reserves..........
 

10,642.75
 

10,642.75
 

10,642.75