tion, equipment, etc...... Cr. $116.209.46 $12,908,333.05 $12,792.123.59 $79,208.19 Total cost construction, equipment, etc.-Minn... Cr. $116,209.46 $12,908,333.05 $12,792,123.59 879,208.19 *Expenditures during year, not included in operating expenses. Interest on funded debt accrued-page 23.. $150.000.00 93,548.00 Taxes.... Other deductions. 49,611.11 31,900.13 Total deductions from income... $325,059.24 Net income.. $300,445.29 Dividends, 6 per cent., preferred stock; $348,749.50, less $192,154.62 paid out of land income....... 8156,594.88 $143,850.41 Surplus from operations of year ending June 30, 1891..... $143,850.41 Surplus on June 30, 1890, (from "general balance sheet," 1890 report). 22,457.38 Surplus on June 30, 1891, (for entry on "general balance sheet"--page51).... ..... $166,307.79 |