Enormous Earnings
Enormous Earnings.
Philadelphia, Sept. 10.- The annual report of the Lehigh Valley Railroad company for the year ended June 30, which was issued Wednesday, showed the gross earnings and other income to have amounted to $27,259,527, an increase over the previous fiscal year of $2,806,229. The net income, after deducting operating expenses, taxes, improvements, etc., amounted to $1,111,589, against a deficit of $777,910 in the previous fiscal year. The net income of Lehigh and other controlled coal companies was $895,918, as against a deficit of $1,098,797 in the previous fiscal year.
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Ann Arbor Argus-Democrat