Pike rentals .................................. $218,187.50

Concessions revenue: 
Exposition period ............................ 2,812,995.59
Pre-exposition period .........................   32,366.06
Post-exposition period ........................    1,855.54
------------
3,065,404.69

The difference between this figure and the total of $3,076,958.69, shown in the inclosed accounts, consists of refunds of $15,554, which are treated in the statement as disbursements, less $4,000 rents collected by the concessions department, credited in the statement against the rent paid by the company, as the latter practically acted only as agent in the transaction.

Under the lease of the Catlin tract, on which the greater part of the concessions were built, sureties were required, and for the protection of these sureties and of sureties under other bonds it was arranged that all ground rentals received from concessions on the “Pike” should be paid into a special fund for the purpose of securing such sureties against loss in respect of the bonds given by them.  Upon the books of the company, therefore, the above figure of “Pike rentals” has been credited to a separate fund account, together with an amount of $2,580.68 interest allowed on this fund.

There was withdrawn from this fund the sum of $100,000 on account of payment of rentals of the tract, and the fund now amounts to $120,768.18, as shown among the cash balances in the inclosed statement.

The total earnings accruing due to the company
under concession contracts amounted to ...................
$3,803,724.53
Of this total there has been collected
(as above) the sum of ..................... $3,065,404.69
There was waived by the company under various
compromises the sum of ....................    434,204.36
And there still remain uncollected bills
amounting to ..............................    304,115.48
-------------
3,803,724.53

    We have seen authorizations from the executive or concessions
    committee for all the important compromises effected.

Intramural Railway.

We have agreed the receipts shown by the general books of the company with the report of the manager of the railway.  The number of passengers carried and the amount of revenue therefrom, by months, were as follows: 

Date.  Passengers Revenue.
carried

April 30 and May ..........................   295,152   $29,515.20
June ......................................   861,409    86,140.90
July ......................................   815,034    81,503.40
August .................................... 1,018,195   101,819.50
September ................................. 1,394,444   139,444.40
October ................................... 1,273,207   127,320.70
November and December 1 ...................   617,297    61,729.70

Total ..................................... 6,274,738   627,473.80

    It is not possible to arrive at the cost of operating the
    railway, as the power was furnished from the general power
    plant, and the cost thereof can not be ascertained separately.