28
 

Charges Against Earnings, Profit and Dividends Paid.
 

year
 


 


 


 


 

Ending Sep¬
tember 30.
 

Operating expenses
 

Fixed charges.
 

Profit.
 

Dividends paid.
 

1870......
 

$14,068,079 31
 

$1,433,999 07
 

$6,861,241 39
 

*$6,861,341 29
 

1871......
 

13,578,573 61
 

904,339 64
 

7,386,303 85
 

7,368,741 70
 

1872......
 

16,446,436 32
 

1,163,368 29
 

7,971,871 26
 

7,244,831 78
 

1873......
 

17,641,987 61
 

1,961,806 23
 

9,533,067 33
 

7,136,790 08
 

1874......
 

18,388,207 56
 

3,548,734 18
 

9,713,354 98
 

7,136,884 60
 

1875......
 

17,262,107 64
 

4,435,914 73
 

7,339,195 67
 

t8,920,849 96
 

1876......
 

16,184,172 34
 

4,709,340 39
 

7,213,075 72
 

7,189,538 00
 

1877..   ..
 

14,946,161 87
 

4,689,576 78
 

6,943,347 25
 

7,140,659 48
 

1878.....
 

16,136,977 33
 

4,736,133 05
 

8,038,445 80
 

7,139,528 00
 

1879.....
 

16,123,072 83
 

4,679,024 81
 

7,594,485 96
 

7,139,538 00
 

1880.....
 

17,849,894 38
 

4,756,799 34
 

10,569,319 51
 

7,141,512 95
 

1881.....
 

19.464,786 54
 

4,990,783 13
 

7,892,827 11
 

7,138,343 61
 

1883.....
 

19,396,974 36
 

5,488,903 35
 

6,743,903 77
 

7,145,512 63
 

1883......
 

20,750,594 03
 

5,693,971  91
 

7,337,155 88
 

7,148,131 88
 

1884......
 

17,849,313 15
 

5,630,595 66
 

4,668,760 29
 

7,159,643 72
 

1885......
 

16,319,372 35
 

5,933,736 59
 

3,176,343 60
 

♦4,471,415 00
 


 

18,610,376 60
 

7,34,5,886 81
 

4,650,098 61
 

8,577,132 00
 

* First year of consolidation, New York Central paid at rate of four per
centum.    Hudson River paid at rate of eight per centum.

fin 1875, Dividends were changed from Semi-Annually to Quarterly, mak¬
ing ten per centum paid in that fiscal year.

:|: In 1885 the dividends aggregated five per cent. Three and one-half per
cent was charged against the earnings of the year, and the balance to income
account. This change was made necessary by the decision to pay dividends
based upon the earnings of each quarter.
 

Net Earnings, Profit Per Share and Expenses Per Cent.
 

ye.ar

Ending Se[)teraber 30.
 

Expenses.
Per cent.
 

Profit per share of
stock.
 

Net earnings.
 

1870.................

1871.................
 

62.91
62.37
64.29
60.57
58.09
59.46
57.48
56.23
65.81
56.94
53.80
60.17
63.32
61.44
63.41
66.80
61.00
 

$7.67
8.14
8.91

10.64

10.86
8.30
8.06
7.76
8.98
8.49

11.83
8.82
6.42
8.19
5.22
3.43
5.20
 

$8,295,340 36
8,190,442 99
9,134,239 55
11,484,863 56
13,263,089 16
11,765,110 39
11,922,416 11
11,633,934 03
13,774,677 85
13,37,3,510 77
15,836,018 85
12,883,610 24
11,232,807 03
13,020,127 79
10,399.365 95
8,110.069 19
11,89,5,984 33
 

1872.................

1873................

1874.................
 

1876..............

1877................

1878.................
 

1879...............

1880.................
 

1881................

1882.................
 

1883...............
 

1884................

1885.................
 

1886................