INCOME ACCOUNT. Gross earnings from operation----- Less operating expenses Income from operation Dividends on stocks owned Interest on bonds owned. Miscellaneous income-less expenses Income from other sources Total income DEDUCTIONS FROM INCOME Interest on funded debt accrued Interest on interest-bearing current liabilities accrued Rents paid for lease of road Taxes Other deductions... Total deductions from income Net income ------- Dividends, 21⁄2 per cent, common stock.. Dividends, 7 per cent, preferred stock Total Deficit from operations of year ending June 30, 1899. Surplus on June 30, 1898 [from "General Balance Sheet," 1898 Deductions for year.. Surplus on June 30, 1899 [for entry on "General Balance Sheet "]- $978, 683. 11 $324,222.75 20, 481.50 30,900.00 78,808.48 150, 189.88 454, 51..73 166, 400.00 2,053.51 178, 378.86 26, 574.20 45, 891.70 419,298.27 35,214.46 28,605.00 17,094.00 45, 699.00 10, 484.54 1,603, 756, 65 232.977.78 1,360,294.33 Situation of Property-From Garysburg, N. C., to Weldon, N. C., Petersburg R. R. Co-----$5, 632. 08 |