. The Commercial and financial chronicle . d of 10 % of net earnings Is now operative,but the bonds cannot be called. Part of the second mortgage bonds arepledged to secure $80,000 of notes. EARNINGS.—For fiscal year ending June 30 1908, gross, $113,223:oper. exp. and taxes, $63,779; net. $49,444; int., $24,863; surp., $24,581.* ROAD.—Operates 24 miles of track from Easton to Nazareth andfrom Easton to Bangor, chiefly on private right of way. Standard gauge,60-lb. and 80-lb. steel rail; 18 cars. OFFICERS.—Pres., T. A. H. Hay: Sec, W. O. Hay; Treas., ChesterSnyder; D. L. Beaulleu. V. 80,


. The Commercial and financial chronicle . d of 10 % of net earnings Is now operative,but the bonds cannot be called. Part of the second mortgage bonds arepledged to secure $80,000 of notes. EARNINGS.—For fiscal year ending June 30 1908, gross, $113,223:oper. exp. and taxes, $63,779; net. $49,444; int., $24,863; surp., $24,581.* ROAD.—Operates 24 miles of track from Easton to Nazareth andfrom Easton to Bangor, chiefly on private right of way. Standard gauge,60-lb. and 80-lb. steel rail; 18 cars. OFFICERS.—Pres., T. A. H. Hay: Sec, W. O. Hay; Treas., ChesterSnyder; D. L. Beaulleu. V. 80, p. 1972. EAST ST. LOUIS, ST. LOUIS & SUBURBAN CO.—Trolley. (See Map on page 44.)ORGANIZATION.—Incorporated In New Jersey In 1902 and owns all the stock and bonds of the East St. Louis Ry., the St. Louis & East St. Louis Electric Ry. and the East St. Louis & Suburban Ry., rl the stock 44 ELECTRIC RAILWAYS [Vol. lxxx\iii. MAP OF THE EAST ST. LOUIS AND SUBURBAN COMPANY. Mileage on Single Track Basis 175 Miles,. Feb., ELECTRIC RAILWAYS 45 of the Alton Granite & St. Louis Traction the Alton Gas & ElectricCo. and the bonds of the St. Louis & Belleville Electric Ry. The EastSt. Louis & Suburban Ry. operates all the electric lines In East St. Louisand to Belleville, Edwardsvllle, Colllnsvllle annd Caseyvllle; also a lineto OFallon and Lebanon and an lnterurban line from East St. Louisto Brooklyn, Venice, Madison, Granite City and Alton, and all street linesIn the latter city, and the only electric line across the Eads Bridge. InJanuary 1903 acquired the Citizens Electric Light & Power Companysplant in East St. Louis. Has fifty-year exclusive rights from 1903 tooperate cars over the Eads Bridge, the only bridge connecting St. Louisand East St. Louis. Has a contract w th the city of E. St. Louis for munici-pal lghting until 1910. Franchises In East St. Louis, Edwardsvllle, Colllns-vllle, Caseyvllle, OFallon, Belleville and Lebanon are from 44 to 48 years,w


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