. Annual report of the Public Service Commission, and the ... annual report of the Board of Railroad Commissioners . liabilities, 2,874,294 2,756,738 117,556* Gross liabilities,1 $193,660,069 $205,149,783 $11,489,714 Sinking and other reserve funds, 4,042,187 3,394,148 648,039* Surplus,2 7,362,873 7,478,821 115,948 Grand total, $205,065,129 $216,022,752 $10,957,623 1 Exclusive of sinking and other reserve funds. 2 Includes premiums on sale of stock and bonds.* Decrease. 42 STREET RAILWAY COMPANIES. [Jan. It will be seen by comparing the last two tables that therewas an increase in gross assets


. Annual report of the Public Service Commission, and the ... annual report of the Board of Railroad Commissioners . liabilities, 2,874,294 2,756,738 117,556* Gross liabilities,1 $193,660,069 $205,149,783 $11,489,714 Sinking and other reserve funds, 4,042,187 3,394,148 648,039* Surplus,2 7,362,873 7,478,821 115,948 Grand total, $205,065,129 $216,022,752 $10,957,623 1 Exclusive of sinking and other reserve funds. 2 Includes premiums on sale of stock and bonds.* Decrease. 42 STREET RAILWAY COMPANIES. [Jan. It will be seen by comparing the last two tables that therewas an increase in gross assets of $10,957,623, and there was anincrease in gross liabilities of $11,489,714, thus decreasing theaggregate surplus and sinking and other special funds of thecompanies by the amount of $532,091. The gross assets, the gross liabilities (including capital stock)and the surplus of the companies, with the percentage of surplusto capital stock, at the end of each of the last nine years and ofthe nine months ending June 30, 1910, are shown in the follow-ing table: — Gross Assets, Liabilities and Surplus, * Includes premiums on sales of stock and bonds and sinking and other special For nine months ending June 30, 1910. Capital Stock and aggregate capital stock of the sixty-four companies,June 30, 1913, was $97,284,, — an increase of $8,165, the preceding year. FUNDED AND FLOATING DEBT. 43 total amount of dividends declared the past, year was$5,031, Thirty-four out of the sixty-two companiespaid dividends ranging from to 10 per cent, and twenty-eight companies declared or paid no dividends. One companypaid 10 per cent, three paid 8 per cent; one paid 8 per cent onpreferred and 7 per cent on common; one paid per cent;one paid 7 per cent; eight paid 6 per cent; one paid 6 per centon preferred; two paid 6 per cent on preferred and 5 per cent oncommon; two paid 6 per cent on preferred and per cen


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