. The Commercial and financial chronicle . wn above, see ChicagoIndiana & Southern, Detroit Hillsdale & S. W. and Ft. Wayne & Jackson. GENERAL FINANCES.—Nothing has been charged to construction orequip, acct. since 1883 except $7,500,000 for new equip, in 1906, the outlayscharged to operating expenses for new equip, acct. amounting In 1907 to$911,126 and In 1906 to $1,201,877, and for construction to $l,292,277ln1908, against $4,(182,988, these Items being exclusive of expenditures forrenewals. Profit and loss surplus Jan. 1 1909. $21,515,868. In Jan. 1907$15,000,000 3-year 5% notes were sold.


. The Commercial and financial chronicle . wn above, see ChicagoIndiana & Southern, Detroit Hillsdale & S. W. and Ft. Wayne & Jackson. GENERAL FINANCES.—Nothing has been charged to construction orequip, acct. since 1883 except $7,500,000 for new equip, in 1906, the outlayscharged to operating expenses for new equip, acct. amounting In 1907 to$911,126 and In 1906 to $1,201,877, and for construction to $l,292,277ln1908, against $4,(182,988, these Items being exclusive of expenditures forrenewals. Profit and loss surplus Jan. 1 1909. $21,515,868. In Jan. 1907$15,000,000 3-year 5% notes were sold. V. 84, p. 271. EARNINGS.—2 mo:Jan. 1 to Feb. 28 lis 909 Cross, $6,302,241: 908 Gross, 5,698,028; ANNUAL REPORT for 1908 at length was In V. 88, p. Year ending Dec. 31— 1908. 1907. Total gross earnings $39,964,858 $44,953 475 $42,544,378 Operating expenses 28,004,288 34,538,461 32,675,80i net, $2,144,290net, 1,772,245 742, 763. 1906. Net earnings $11,960,570 $10,415,014 $9,868,577 Apr., 1909. RAILWAY STOCKS AND BONDS. 75. 6 RAILWAY STOCKS AND BONDS. [Vol. lxxxviii. RAILROADS. For explanation of column headings, &c, see noteson first page of tables Lake Tahoe Ry & Tr Co—1st M g $500,000 s f beg 1905Lancaster Oxford & Southern—1st M $200,000 Manufacturers—1st M serial Interest Hahns P & Pac—1st M $8,000 per m g. *First ref M $1,800,000 gold sink fund red Terminal Ry & Bridge—1st M & Hudson River—1st M gold Int red to 5%.Ce Second mortgage gold Warwick Valley first mortgage extended In 1900 Second mortgage Leh & Hud Rlv gen M $3,000,000 g (see text) * Debentures $400,000 redeem 105 after Nov 1911 Equip trust certs gold due $40,000 yearly Lehigh & New England—1st M $1,000,000 1st M g $300,000 guar red *Lehigh & Delaware first gen mtge redeemable at 105Consolidated mortgage $3,000,000 gold call at mtge $7,500,000 gold red 102H--GuPCEquip t


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