NEW YORK DOCK RAILWAY

COMPARATIVE CONDENSED INCOME STATEMENT
YEARS ENDED DECEMBER 31, 1923 AND 1922

1923               1922            Increase        Decrease

Revenues.............$527,914.86   $404,094.68    $123,820.18  ...........

Expenses.............   451,685.79     436,347.68       25,338.11   ...........
 

Net Revenue....   $66,229.07   "$32,253.00     $98,482.07   ...........

Net Deductions.......      13,522.25       25,340.59 ...........      $11,818.34
 

Net Income.....   $52,706.82   "$57,593.59   $110,300.41
 

PROFIT AND LOSS STATEMENT
YEAR ENDED DECEMBER 31, 1923

Deficit December 31, 1922..................................$361,248.97

Deduct:

Net Income for year 1923. ..      $52,706.82

Profit on Equipment Sold. . .         7,330.98

Miscellaneous Credits.......              44.14

----------------$60,081.94

Add:

Loss on Retired Road:

Harrison St. Tracks.......        $8,398.88

Miscellaneous Debits........            751.48

----------------        9,150.36

----------------      50,931.58

Deficit December 31, 1923.................................   $310,317.39