The Commercial and financial chronicle . n the divisions noted above. REPORT.—For years ending Dec. 31, not Including Lorain Street for 1907 Include earnings of Sandusky Fremont & Southernplaced in operation Sept. 17 1907. Sec report In V. 86, p. 418. 1907. 1006. 1905. 1904. Gross earnings $913,161 $860,720 $788,268 Oper. expenses and 521,659 428,588 433,709 Net earnings $391,602 $384,462 $359,680 $ Interest 294,073 254,198 Surplus $97,529 $130,264 $114,830 def.$ Other Income 25,000 6,250 Net surplus $122,529 $136,514 ROAD.—Operates 170.
The Commercial and financial chronicle . n the divisions noted above. REPORT.—For years ending Dec. 31, not Including Lorain Street for 1907 Include earnings of Sandusky Fremont & Southernplaced in operation Sept. 17 1907. Sec report In V. 86, p. 418. 1907. 1006. 1905. 1904. Gross earnings $913,161 $860,720 $788,268 Oper. expenses and 521,659 428,588 433,709 Net earnings $391,602 $384,462 $359,680 $ Interest 294,073 254,198 Surplus $97,529 $130,264 $114,830 def.$ Other Income 25,000 6,250 Net surplus $122,529 $136,514 ROAD.—Operates mils extending from Cleveland to Toana Sanduskv. and from Sanduskv to Norwalk: also city lines In Sandustandard-gauge, 70-lb. rails. Through line from Cleveland to was opened for business about Aug. 26 1902. In addition owns the SanduskyFremont & Southern, miles, and the Lorain Street 111!., Dmaking a total of miles. Has 53 double-truck Interurban cars, :.! 32 ELECTRIC RAILWAYS [Vol. lxxxyii :wu-t*xim. 1908.] ELECTRIC RAILWAYS 33 single-truck city cars, 6 double-truck baggage and freight cars and 32 workcars. Total, 114. OFFICERS.—Pres., E. W. Moore; , W. H. Price; and , F. W. Coen, Electric Bldg., Cleveland; Sec. and Treas., John P. Witt.—V. 83, p. 95, 1098, 1171; V. 84, p. 51, 158, 387. 390, 136G; V. 85, , 1646; V. 86, p. 285, 418. 668. (1) Lorain Street Railroad Co.—A trolley road. ORGANIZATION.—Incorporated In Ohio on Aug. 3 1906. and is a con-solidation of the Lorain St. Railway and the Avon Beach & Southern stock and $500,000 new consols owned by the Lake Shore Elec. Ry. STOCK AND BONDS Par. Date. Interest. Outstanding. Maturity. Stock, $2,000,000 ... $100 Seetext. Lor. St. Ry. 1st M.,1 1,000 1894 6 J-J $200,000 Jan. 1 1915 $200,000 /Interest Guardian Tr. Co., Cleveland, Trustee. Lor. St. Ry. Cons.,1 1,000 1899 5 g M-N 550,000 Nov. 1 1949 M., $750,000, gokU Int. at Guaranty Trust Co., N. Y., Trust
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