. The Commercial and financial chronicle. 1907 and 1908. none, in ; 1910. 6H%; 1911 to 1915, 6%. In 1916, 5%. In 1917, 14%; June, 1M%. EARNINGS. Gross Net {after Other Fixed Diti- Balance, Cut. Year— Earnings. Taxes). Inc. Charges. dends. Surplus. 1916 $1,329„583 $373,619 $2,679 $137,228 (5).$ $.14,070 1915. (6) def 30,325 KOAD.—Operates 139 67 miles of track, of which 114 43 miles owneda-iil miles operated under traffic agreements 7(), 75, 78 and girder rail. Has agieemont with Fonda Johnstown & CfloversvilleRy. Co. e


. The Commercial and financial chronicle. 1907 and 1908. none, in ; 1910. 6H%; 1911 to 1915, 6%. In 1916, 5%. In 1917, 14%; June, 1M%. EARNINGS. Gross Net {after Other Fixed Diti- Balance, Cut. Year— Earnings. Taxes). Inc. Charges. dends. Surplus. 1916 $1,329„583 $373,619 $2,679 $137,228 (5).$ $.14,070 1915. (6) def 30,325 KOAD.—Operates 139 67 miles of track, of which 114 43 miles owneda-iil miles operated under traffic agreements 7(), 75, 78 and girder rail. Has agieemont with Fonda Johnstown & CfloversvilleRy. Co. electric division) whereby latter company operates its cars intoSchenectariy Does a package express business through controlled ElectriKxuress Co Operates 185 motor and 33 other cars. OFFKJKRS -ires , Horace E. Andrews; Clifford S. Sims; , Jas. P. Barnes; Sec . Treas. & Purch. J. H Aitkin; Gen. C. Collins, Rochester; Aud., P. E. 102. p. 523 801, 887. 110 ELECTRIC RAILWAYS [Vol. 106. Sept., 1917. ELECTRIC RAILWAYS III Is BUFFALO LOCKPORT & ROCHESTER RY. ORGANIZATION — Incorponited ou June 22 1905 in New Yorka coiTioliciatioii of the Albion Klen. Iho Albion & Lockport Ry. andthe Albton & Rochester Ry. A financial readjustment was rnade In whereby the bonded debt was reduced from $3,400,000 to 52, aud all past-due coupons (first default Aug. 1 1909), Incl. the onedue Feb. 1 1911, and all equip, notes were canceled. V. 91, p. 1710. On i).-t 2^ I Ml Mlii V i.«-k . Syracuse, N. V., took over themanagement and operation of the road. M;t;; of siock lias beeu with the Equitable Trust Co.,N. under votin? trust agi-eemont for .S years from 15 1915. Trus-tees. E. R. Wood. Toronto: F. W. Roebling Trenton N. J.; andWilllim Nottiniihum. Syracuse. Default.—Int. on the 1st M. 5% bonds was again defaulted Aug. 1 statement by Pres, Allen and W W. Foster in


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