. The Street railway journal . r,amounting to $192,, and similar work performed during this year,amounting to $80,, or a total increase on this account alone of$272, It has been thought best by the directors to change thedates of paying the common stock dividends from January 1 and July 1to April 1 and October 1, in order that the dividend year may agreewith the fiscal year of the company; and three months dividend wasdeclared payable October I, as shown on the previous page. At the close of the year, 93 per cent, of the mileage, namely,1,770,000 miles per month, was run by
. The Street railway journal . r,amounting to $192,, and similar work performed during this year,amounting to $80,, or a total increase on this account alone of$272, It has been thought best by the directors to change thedates of paying the common stock dividends from January 1 and July 1to April 1 and October 1, in order that the dividend year may agreewith the fiscal year of the company; and three months dividend wasdeclared payable October I, as shown on the previous page. At the close of the year, 93 per cent, of the mileage, namely,1,770,000 miles per month, was run by the electric system, and theequipment of the larger part of the balance is rapidly progressing.* * -x- * -rne company sold during the year $2,000,000 4j percent., twenty year bonds, with the proceeds of which the entire- Boatingdebt has been retired, and at present there is cash enough on hand tocover the expense of finishing the electric equipment now under wayand contemplated. 778 THE STREET RAILWAY JOURNAL. [Vol. X. No. Established H. McGraw, Managing Editor. C. B. Fairchild, ) H. W. Pool, Advertising Department. Henry W. Blake, j PUBLISHED BY THE STREET RAILWAY PUBLISHING COMPANY,Havemeyer Building, 26 Cortlandt Street, New York, James H. McGraw President Edw. Caldwell Vice-President Curtis E. Whittlesey Treasurer Western Office, Monadnock Block, Chicago, H. Taylor, Manager. European Office, 39 Victoria Street, Westminster, London, W. Blackwell, Manager. Subscription, per year. To Foreign Countries, $ per Prepaid. We heartily invite correspondence upon all subjects of interest tostreet railway men. Information regarding changes of officers, newequipment, extensions, etc., will be greatly appreciated for our officialdirectory and news columns. We especially invite the co-operation of allinterested to furnish us particulars that the directory may be correct and ofthe greatest possible value. Address all communicatio
Size: 2982px × 838px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1880, bookidstreetrailwa, bookyear1884
