. The Commercial and financial chronicle. aforesaid French Issue. Roll. $l,500,000Pa. Steel Freight Car Tr. 4% gold 5,300,000 7,000,000 Penn. Gen. Frt. Eq. Tr. 4% 07, $100,000,000.$14,200,000Pennsylvania RR. Water Supply Trust 4% 7,000,000 As to $100,000,000 equip, trust auth. In 1907, see V. 84, p. 231. Sept. 1906 about half of the companys holdings In Baltimore & Ohio(see that company) and Norfolk & Western stock were sold, realising about$50,000,000, the N. & W. sold stock (about $16,000,000) being repurchasedin April 1909; also In Dec. 1906


. The Commercial and financial chronicle. aforesaid French Issue. Roll. $l,500,000Pa. Steel Freight Car Tr. 4% gold 5,300,000 7,000,000 Penn. Gen. Frt. Eq. Tr. 4% 07, $100,000,000.$14,200,000Pennsylvania RR. Water Supply Trust 4% 7,000,000 As to $100,000,000 equip, trust auth. In 1907, see V. 84, p. 231. Sept. 1906 about half of the companys holdings In Baltimore & Ohio(see that company) and Norfolk & Western stock were sold, realising about$50,000,000, the N. & W. sold stock (about $16,000,000) being repurchasedin April 1909; also In Dec. 1906 $15,630,000 Ches. & Ohio stock. V. 83,p. 562, 1412: V. 85. p. 655. In Nov. 1906 the dividend rate was Increased from 6% to 7%, but inMay 1908 again reduced to 6%. On Feb. 1 1908 passenger rates were re-stored to old basis, the 2-cent law in Pennsylvania having been declaredunconstitutional. V. 86, p. 230, 286. Increase In stk. and bonds auth. Mch. 1908 and 1909, see Stock above. 108 RAILWAY STOCKS AND BONDS [Vol. Oct., 1909.] RAILWAY STOCKS AND BONDS. 109


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