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Surplus on hand Aug sist, 1914. $40 IL


This is very favorable report and shows increase
previous reuns that must be very satisfactory to the
stockholders as appears very probable that very
the compeny will be able to make small dividend The
receipts for several years past show the increase that has
been realized Additional Of revenue have been
recently opened and by mutual arrangement between
the several companies comprising the routes travelled be-
this city and Boston, fair division Of the receipts
will fall 10 each Every increase in the modes OF trans
portaon corresponding insrease in the
number Of Of freight and the pro-
ducveness Of the roads existence is increased by the
opening Of any new route. #@V
Toal receipts Of the New York and Provi-


dencc Railroad (5onington) ls42, Aug 81, $95435 Al
Total receipts Of the New York and Provi-


dence Railroad {stonington) st3 Aug 81, ll3.sS9 81
Total receipts OF the New York and Provi-


dence Railroad (3toningon) 1874 Aug 81, l54,7N o.


Total receio.s for three years 1884, ,oss so


Average foI the past three years. ..Sl2 39 -


The Directors last spring estimated the receipts and
expenditures Of the company as follows:
Warnings OF the road in is44, estimating


from he receipts OF the two years past


and the present, thu far, at least 100000
Total expense OF running the road for


repairs and paying every charge Tor


expenses, not over .......... ..ou oo0
4, OF dividend on the stock. ....... $4,000
The directors a sinking fund


meet the short bOnds per annum. IL 600
For iurther sinkng fund. l5O0-$loO,OOO


Tho actual receipts did quite reach this amount but
the increase those of the previous year was very
fair per cent being nearly thirty-three At the same
rate for another year, the receipts will reach than
S2eo co., Which, after paying running expenses interest
on deb sinking fund, SC will leave surplus sufficient
to permit the declaration Of very fair dividend The
bonds Of III. company payable in q 10 and 20
years, as follows.


Bonds issued for judg ments due August l, 1874,


20 August !, isfs. ...'. ............ vi O0o