. The Commercial and financial chronicle. aforesaid French issue. Roll. $1,500,000Pa. Steel Freight Car Tr. 4% gold 5,300,000 7, Penn. Gen. Frt. Eq. Tr. 4% 07, $100,000,000.$14,200,000Pennsylvania RR. Water Supply Trust 4% 7,000,000 As to 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, realizing 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. $1,500,000Pa. Steel Freight Car Tr. 4% gold 5,300,000 7, Penn. Gen. Frt. Eq. Tr. 4% 07, $100,000,000.$14,200,000Pennsylvania RR. Water Supply Trust 4% 7,000,000 As to 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, realizing 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 106 RAILWAY STOCKS AND BONDS [Vol. July, 1909.] RAILWAY STOCKS AND BONDS 107
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