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(Page 31.)

INCOME ACCOUNT.

[FOR ROADS NOT MAKING OPERATING REPORTS.]

Gross earnings from operation-page 35......
Less operating expenses-page 45.

Income from operation....

Total income...

$5,245,713.98
3,744,988.17

$1,500,725.81

$1,500,725.81

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Deficit from operations of year ending June 30, 1891..

$387,365.43

Deficit on June 30, 1890, (from "general balance sheet," 1890 report)..

$144,630.40

Additions for year.....

$5,687.54

Deficit on June 30, 1891, (for entry on "general balance sheet," page 49)......

(Page 30.)

$526,308.29

EXPLANATORY REMARKS.

The amount under "additions for the year" is the difference between the estimated deficit from operation, from January 16th to April 1st, 1890.

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The total of the repayments is actual, but the subdivision into the three sub-headings is estimated, the details of these amounts not having been kept to enable us to make an actual division in time without delaying this report.

(Page 43,)

OPERATING EXPENSES.

APPORTIONMENT BETWEEN PASSENGER AND FREIGHT TRAFFIC IS ESTIMATED ACCORDING TO THE RULE PRESCRIBED BY THE INTERSTATE COMMERCE COMMISSION.

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(Page 45.)

OPERATING EXPENSES-Continued.

APPORTIONMENT BETWEEN PASSENGER AND FREIGHT TRAFFIC IS ESTIMATED ACCORDING TO THE RULE PRESCRIBED BY THE INTERSTATE COMMERCE COMMISSION.

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DESIGNATION OF Situation of prop-Name of Co. owning Item.
PROPERTY.
erty leased.

Total

property leased.

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