The Vanderbilt Earnings

The annual reporta of the Vanderbilt ■oads toe the year ending Dec. 31, ecember partly estimated, have been miaide public. The Lake Shore shows: ross eamings $20,S13,903, inei-e-ase ,256,034; operating expenses .$14,23,428, increase $1,239,3(51; net earningB $6,388,475, increase $10,073; surplus $00,485, increase $59,530. Michigan Central: Gross eamings $13,550,000, increase $900,000; operating expenses $10,070,000, increase $920,000; net earnings $3,480,000, increase $40,000; balance $75,480; Inerease !ji2!),000. Canada Southern: Gross earnings .$13,550,000, inorease, $900,000; opera.ting expenses $10.070,000, inei-ease $92(i,000; net eaniingH $3,480,000, increase $40,000; balance $58,022, decrea so $79.977. The statement of the New York Central for the six months onding December 31 shows: Gross earuinss $23,987,500, increase $1,828,450; operating expenses Y10,104,000, increaáe $1,670,284; net oarnings $7,823,500, inerease $158,100; surplus $542,400,' increase $520,487.