EXHIBIT No. 16

HUDSON TERMINAL BUILDINGS REVENUES, EXPENSES AND TAXES FOR
THE YEARS ENDED MARCH 31, 1910 AND 1911
 

86,343.92

8,503.70

2,914.85

963.16

2,632.07
 

$ 26,462.68
236,684.36
70,475.33
 

$333,622.37
64,281.44
 

$1,214,926.44
 

$1,236,284.14
31,949.48
 

$1,204,334.66
 

21,357.70
 

$806,430.85
71,534.09
 

$734,896.76
 

OPERATING REVENUES:

Gross Rentals........

Miscellaneous Revenues:

Sale of Electric Current .   .   .   .

Sale of Refrigeration.....

Ice Privilege     ........

Towel Privilege.......

Other Miscellaneous Revenues

Total Miscellaneous Revenues
 

Less Assumed Leases in other Buildings .
NET TOTAL OPERATING REVENUES

OPERATING EXPENSES:

Maintenance of Structures and Plant    .   .

Expenses of Operation     ........

General Expenses...........
 

Depreciation of Buildings and Plant

TOTAL OPERATING EXPENSES
NET OPERATING REVENUE
TAXES

NET INCOME FROH HUDSON TERMINAL RUILDINGS
 

$8,233.53
8,246.60
3,712.83
2,115.37
3,023.36
 

S 36,985.02
255,494.78
82,648.85
 

$375,128.65
40,002.00
 

33.04<7<>
27.70%
 

Ratio of Operating Expenses to Net Total Operating Revenues.

Ratio   of   Operating   Expenses,   exclusive  of   Depreciation,   to   Net   Total
Operating   Revenues.