The Commercial and financial chronicle . , from $8,000,-000 to $12,000,000; Penn. RR. on Jan. 1, 1905, owned $9,401, stockholders In 1903, voted to Inorease the authorized stookfrom $12,000,000 to $20,000,000, Of the newstook,$5,731,125, raisingthe amount outstanding to $17,193,425 was subscribed for at $62 50per $50 share in June, 1904, the proceeds being used to pay off $2,-000,000 bonds maturing July 1, 1904, puroliaae $1,562,000 of the$2,000,000 outstanding Shamokin Valley & Pottsvllle RR. 313 p. not already owned, and provide for Improvements and equip-ment. V. 77, p.


The Commercial and financial chronicle . , from $8,000,-000 to $12,000,000; Penn. RR. on Jan. 1, 1905, owned $9,401, stockholders In 1903, voted to Inorease the authorized stookfrom $12,000,000 to $20,000,000, Of the newstook,$5,731,125, raisingthe amount outstanding to $17,193,425 was subscribed for at $62 50per $50 share in June, 1904, the proceeds being used to pay off $2,-000,000 bonds maturing July 1, 1904, puroliaae $1,562,000 of the$2,000,000 outstanding Shamokin Valley & Pottsvllle RR. 313 p. not already owned, and provide for Improvements and equip-ment. V. 77, p. 1875; V. 78, p 1907. >1888. 89. 90. 91. 92. 93. 94 to 1900. 1901 to Jan.,06. Per $ 7 8 7 7 8 8 7 yearly 8 yearly (J&J) Earnings.—11 mos.,11905 Gross, $9,692,303; net, $1,941,539 Jan. 1 to Nov. 30. 11904 Gross, 9,462 908; net, 2,334,039 Annual Report.—Fiscal year ends Deo. 31. Presidents report for1904, given at length In V. 80,p. 868, 876, showed the following: 110 RAILWAY STOCKS AND BONDS. [Vol. lxxxii. Jan., RAILWAY STOCKS AND BONDS. Hi RAILROADS. For explanation of column headings, &c,on first page of tables. see notes No. Ohio— 1st M., g. ($15,000 p. ra.) gu., *Northern Pacifio By.— Stock, $155,000, Western KR. Minn. 1st M., gold, assumed St. Paul A N. P. Gen. M., Id grant, *<fcr New mortgages of Northern Pacifio Ry.— Prior lien M. $130,000,000 gold, *&r Gen. lien M. $190,000,000, g., land F c*Ar 8t. Div. pur. money M., $20,000, col. , e. ( at 105) So&r 1st Dul.,,,d FP Bonds Inderlying 8t. Paul <fe Duluth Drv. St. Paul & Dnlnth 1st mortgage, assumed c* 2d mortgage, 0* Taylors F. & L. Sup., 1st M., s. f. not *Duluth 8. L. 1st M, p. & 1., s. f. not *Consolidated mort., assd, $5,000,000, * Car trusts, Inoludlng interest, Joly, 1905 Norlhn Pac. — 1st gold, red., *


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