. The Commercial and financial chronicle . sur., $4,854,977. In1906-07 gross, $10,981,893: net, $6,328,589.—(V. 88, p. 231, 822.) DULUTH RAINY LAKE & WINNIPEG RY.—Completed April 1908from Virginia. Minn., north to connection with Canadian Northern at Inter-national Falls, 98 miles, giving that road access to Duluth and Two Harbors,at the head of the Great Lakes. V. 86, p. 546, 1100. In Dec. 1908 theCanadian Northern purchased the entire $2,000,000 stock, the DuluthWinnipeg & Pacific Ry. being incorporated in Mch. 1909 with $0,000,000authorized stock, to build an extension from Virginia, Minn.,
. The Commercial and financial chronicle . sur., $4,854,977. In1906-07 gross, $10,981,893: net, $6,328,589.—(V. 88, p. 231, 822.) DULUTH RAINY LAKE & WINNIPEG RY.—Completed April 1908from Virginia. Minn., north to connection with Canadian Northern at Inter-national Falls, 98 miles, giving that road access to Duluth and Two Harbors,at the head of the Great Lakes. V. 86, p. 546, 1100. In Dec. 1908 theCanadian Northern purchased the entire $2,000,000 stock, the DuluthWinnipeg & Pacific Ry. being incorporated in Mch. 1909 with $0,000,000authorized stock, to build an extension from Virginia, Minn., to Duluth, 60miles, the Virginia A Rainy Lake Co. to own an interest in the 87, p. 1605, 1664; V. 88, p. 563, 623, 882. The Virginia A Rainy Lake Co., which formerly owned the road, guaran-tees the Interest on the bonds. Sinking fund yearly, beginning Mch. 1909,amounting to two-thirds of net earnings. V. 81, p. 558, 613, 1848; V. 82,p. 751; V. 84, p. 158; V. 85, p. 1518. Apr., RAILWAY STOCKS AND BONDS. 51. 52 RAILWAY STOCKS AND BONDS [Vol. lxxxtiii. RAILROADS Milesof Dateof Size, orPar INTEREST OR DIVIDENDS Bonds—Princi-pal, When DueStocks—Last For explanation of column headings, &c, see notes Amount Rate When Where Payable , and by on first page of tables Road Bonds Value Outstanding % Payable Whom Dividend Erie & Pittsburgh—Stock 7% rental 999 yrs Penn Co 85 $50 $2,000,000 7 Q—M Union Trust Co New York MchlO 19091 % Special guaranteed betterment stock $2,500,000 85 50 ,100 7 Q—M do do Men 10 19091 % General mtge (now first) $4,500,000 gold 85 1890 1,000 4,302,000 3H g J & J do do July 1 1940 Erie Railroad—Common stock $153,000,000 auth 100 112,378,900 Second pref stock 4% non-cum redeem at par - _ - - 100 16,000,000 See text Seml-ann J P Morgan & Co N Y Apr 1907 2% First pref stock 4% non-cum, redeem at par 100 47,892,400 See text Seml-ann do do Apr 1907 2% A—Old Bonds Assumed—Roads Consolidated N Y & Erie 1st M Plerm to
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