MAXIMUM RATES OF PASSENGER FARES. Authorized by Section 1451f, General Statutes, on basis of Passenger Earnings per mile of Road per annum for the year ending June 30, 1888; also, Rates in force on the several Railroads of the State. Total income... (Four and One-half Months, Ending June 30, 1888.) BLACKVILLE, ALSTON AND NEWBERRY RAILROAD. GENERAL EXHIBIT. Operating expenses (less taxes). Excess of income over operating expenses. Less taxes...... Net income. $8,440 87 7,998 17 $442 70 22 10 $420 60 *Of South Carolina Pacific Railway, which is operated by and as a part of the Cape Fear and Yadkin Valley Railway. (Year Ending June 30, 1888.) CENTRAL RAILROAD OF SOUTH CAROLINA. GENERAL EXHIBIT. Total income.. Operating expenses (less taxes).. Excess of income over operating expenses. Less taxes... Net income.... Rental paid Central Railroad Company of South Carolina. Balance for the year.... Received from Wilmington, Columbia and Augusta and Northeastern Railroads. Balance profit and loss June 30, 1887, (debit)..... Accounts closed to profit and loss (debit).. Balance profit and loss carried forward to next year (credit).. $170,000 00 300,000 00 Due by agents, companies and Postoffice Department.. Vouchers and accounts. 7,092 65 1,373 97 3,169 58 $478,466 62 $478,466 62 *The cost of the road is made up of $1,127,000.00 expended in reorganization and rebuilding the road and purchasing new equipment, and $2,000,000.00 in income bonds, and $500,000 in stock issued in accordance with the agreement with the owners of the old securities, under which the road was purchased, reorganized and reconstructed." |