HUDSON AND MANHATTAN  RAILROAD  COMPANY
Comparative Statement of Income

Including Interest and Taxes Only on Capital Employed in Operation
 


 

Quarter Ended
Sept. 30. 1909
 

Quarter Ended
Dec. 31. 1909
 

Quarter Ended
Mareh 31. 1910
 


 

$361,398.45
 

$550,764.55
 

$620,528.65
 

Miscellaneous Revenue from Railroad Operations:
 

9,108.51

3,184.27

626.95

44.83

36.67
 

15,033.21

5,741.24

1,187.55

82.11

93.27
 

18,264,96

7,982.83

1,276.45

26.70

496.66
 


 


 


 

13,001.23
 

22,137.38
 

28,047.60
 


 

374,399.68
 

572,901.93
 

648,576.25
 


 

Operating Expenses of Railroad:

Maintenance   of Way and Structures"{ p   .         .   -    ■   ■
Maintenance of Equipment                    ^ p         .   '

Transportation Expenses.............
 

23,212.93
27,100.07

6,294.81
19,866.19

4,005.94
100,444.98
15,171.95
 

32,612.20
25,497.80
12,028.74
17,572.26
3,706.01
168,675.10
17,230.69
 

34,511.52
14,527.50
10,523.54
7,400.25
13,359,06
151,991.32
28,797.23
 

Total Operating Expenses of Railroad.......
 

196,096.87
 

277,322.80
 

261,110.42
 


 

178,302.81
 

295,579.13
 

387,465.83
 

Hudson Terminal Buildings:
 

302,660.15
5,152.45
 

318,946.20
5,450.27
 

319,929.47
 


 

6,242.18
 

Total Revenue from Hudson Terminal Buildings    .   .
Less Assumed Leases in Other Buildings.......
 

307,812.60
5,970.72
 

324,396.47
5,988.63
 

326,171.65
5,787.16
 


 

301,841.88
 

318,407.84
 

320,384.49
 

Less Maintenance and Operating Expenses -^ p *^ "^^     '   '
 

88,444.38
21,703.75
 

87,685.81
20,250.91
 

81,985.48
10,000.50
 

Total Operating Expenses of Terminal Buildings    .   .
 

110,148.13
 

107,936.72
 

91,985.98
 

Net Revenue from Hudson Terminal Buildings.....

Income Greenwich and Tenth Street Properties (Net)   .   .
 

191,693.75
898.55
 

210,471.12
1,324.08
 

228,398.51
1,074.03
 

Total Net Revenue from Outside Operations......
 

192,592.30
 

211,795.20
 

229,472.54
 

Deduct Taxes Accrued on Properties Operated.....
 

370,895.11
45,930.00
 

507,374.33
54.000.00
 

616,938.37
54,000.00
 

Operating Income—(Revenue Over Expenses and Taxes)
 

324,965.11
2,463.68
 

453,374.33
2,105.89
 

562,938.37
832.93
 


 

327,428.79
 

455,480.22
 

563,771.30
 

Income Deductions:
 

680,790,84
364,350.84
 

686,550.00
286,235.01
 

714,320.56
201,505.56
 

Balance, Being Interest on Capital Employed in Operation
 

316,440.00

6,422.45

21,916.96

162.36
 

400,314.99

6,614.62

29,851.04

243.56
 

512,815.00
 

Rentals, City of New York...........
 

6,614.60
33,207.90
2,996.21
 


 


 


 

344,941.77
 

437,024.21
 

562,725.39
 


 

Net Corporate Income Carried to Surplus Account ....
 

17,512.98
 

18,456.01
 

1,045.91
 

Percentage of R. R. Operating Expenses vs. R. R. Revenue
Percentage of R.   R.   Operating   Expenses,   Exclusive of
 

52.38%
34.03%>
 

48.41%
37.35%
 

40.26%
36.88%
 

Number of Car Miles Operated (Active)......
 

916,086
 

1,599,369
 

1,507,704
 

Total Revenue Per Car Mile from Railroad   .   .   .
 

40.87c.
21.41c.
 

35.82c.
17.34c.
 

43.02c.
 


 


 


 

19.46c.
 

18.48c.
 

25.70c.
 

NoTB—Depreciation included in above Operating Expenses
and set up in Amortization Reserves.......
 

$68,670.01
 

$63,320.97
 

$31,928.25