. Annual report of the Public Service Commission, and the ... annual report of the Board of Railroad Commissioners . 2,464,615 70 $2,986,800 00 Premium on capital stock, 34,509,999 56 30,376,299 33 4,133,700 23* Funded debt, 359,208,791 50 383,466,262 50 24,257,471 00 Notes, . 37,307 69 8,319,923 14 8,282,615 45 Open accounts. 1,288,784 65 1,933,366 72 644,582 07 Current liabilities. 144,711,359 74 94,887,949 44 49,823,410 30* Deferred liabilities. 102,207,719 05 89,562,468 68 12,645,250 37* Unadjusted credits. 52,945,398 66 54,628,480 48 1,683,081 82 Appropriated surplus. 8,942,555 97 10,281,


. Annual report of the Public Service Commission, and the ... annual report of the Board of Railroad Commissioners . 2,464,615 70 $2,986,800 00 Premium on capital stock, 34,509,999 56 30,376,299 33 4,133,700 23* Funded debt, 359,208,791 50 383,466,262 50 24,257,471 00 Notes, . 37,307 69 8,319,923 14 8,282,615 45 Open accounts. 1,288,784 65 1,933,366 72 644,582 07 Current liabilities. 144,711,359 74 94,887,949 44 49,823,410 30* Deferred liabilities. 102,207,719 05 89,562,468 68 12,645,250 37* Unadjusted credits. 52,945,398 66 54,628,480 48 1,683,081 82 Appropriated surplus. 8,942,555 97 10,281,212 65 1,338,656 68 Profit and loss, 32,533,625 55 47,473,178 49 14,939,552 94 Grand total, . r $1,045,863,358 07 81,033,393,757 13 $12,469,600 94* * Decrease. Dividends. The total amount of dividends declared during the year was$7,364,, — an increase of $101, over the previousyear. Sixteen corporations declared dividends varying in ratefrom 2f to 14 per cent; the following table gives the name ofthe dividend-paying companies, the rate per cent, and amountof dividend declared: — NAME OF Boston & Albany, Boston & Maine, . Boston & Providence, . Boston, Revere Beach & Lynn, Chatham, .... Holyoke & Westfield, . Nashua & Lowell, New London Northern, North Brookfield, Norwich & Worcester, 2 Old Colony, Pittsfield & North Adams, . Providence & Worcester, Stony Brook, Vermont & Massachusetts, . Ware River, .... Rate on preferred stock, 4, , , 8 and , and on common 48 cents a share on 6,250., Preferred stock only. 1920.] RAILROAD STATISTICS. Vll The amount of capital stock of the sixteen dividend-payingcompanies was $147,513,, on which the average rate ofdividend was per cent. The following table gives the total capital stock outstandingat the end of the year; the net income available for dividends(after paying all expenses, interest, taxes, rentals and othercharges); the amount of dividends declared; and the averagepercentage of dividends


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