Washington, Nov. 30.
The Panama Canal has closed the best year financially in its six years of operation with an excess of $2,387,599 in revenue over the ex-{pense of operation and mainten-1 Brigadier-General Chester Harding, Governor of the Canal Zone, [predicts in his annual report that within a reasonable period of (normal world conditions the canal twill earn an actual profit on its yeast which has been $366,650,000, exclusive of expenditures for its military and naval defence. In the meantime, he adds, the canal is performing an important commercial service by stimulating American trade with the west coast jof South America and the Orient.
ore than 25 per cent of tthe cargo handled through the canal since its opening was in transit between the United States land South America, and 14} per cent. was between the Atlantic least of the United States and she Orient.
During the year, 2,743 vessels passed through the canal, of which 478 were commercial transits.
olls and other revenues amounted to $8,935,871, while current. expenses of operation and mainten-lance totalled $5,548,272. The excess fof revenue this year reduced to 2,231,001 the excess of operation ost and maintenance over revenue for the six years the canal has been operation.
At the rate of revenue this year jit is expected that by June 30, 92, the collections for tolls and other canal revenue will exceed $1,000,000 or more the total current expenses of operation and maintenance from the opening of the canal to that date.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.