File:The Commercial and financial chronicle (1909) (14576992308).jpg

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Identifier: supcommercialfina88newy (find matches)
Title: The Commercial and financial chronicle
Year: 1909 (1900s)
Authors:
Subjects: Finance Banks and banking Securities
Publisher: New York, W.B. Dana
Contributing Library: Robarts - University of Toronto
Digitizing Sponsor: Internet Archive

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Chic. & MIL,El. RR. of 111. No s. f. and are not subject to call. Of the $10,000,000 re-ported outstanding, $1,157,000 Is pledged as collateral for notes and loans. A $2,000,000 Issue of 6% notes was authorized In 1907 (V.85, p. 920),but It Is understood that not rnore than $121,000 of these notes were Issuedagainst which $203,000 of Wisconsin D v. bonds are pledged. V.86, p. 337. The receivers certificates are a prior lien only to the $10,000,000 Wiscon-sin Division 5s due 1925. They are suoject to call at option of receiver.V. 8« P 856, 1159 1 223. REPORTS OF EXPERT ACCOUNTANTS. See report of ArthurYoung & Co. (engaged by the receivers) in V. 87, p. 225; also that ofMarwick, Mitchell & Co. (engaged by Pres. A. C. Frost, and criticising thefirst report very severely) in V. 87, p. 1476. Earnings or system, as re-stated by Arthur Young & Co.. omitting allfreight earnings and expenses of construction material hauled, were asfollows: 24 ELECTRIC RAILWAYS VOI. LXXX VIII.
Text Appearing After Image:
MAP OF CHICAGO RAILWAYS CO. LINES June, 1009. ELECTRIC RAILWAYS •25 Calendar Gross Operating Net Year— Earnings. and Taxes. Earnings. 1903 $193,326 19041905190619071908 240,870302.6G3441,265556,847$597,977 $104,448 $88,878 180.516242.682369.976458,950487,788 60,35459,98171.28997.897110,189 BondInterest.$131,500214,000309.000466.500696,500•54,000 Balance, I Deficit.$42,621153,646249,019395,211 !598.603 !56,180 Interest has been paid only on first mortgage of 1899. ROAD.— Operates 170 miles from Evanston through Waukegan, Keno-sha and Racine t oMllwaukee, Including extension to Llbertyvllle. Linefrom Evanston (where connection Is made with Chicago) to Waukegan wasopened in Aug. 1899, and extension to Llbertyvllle !n Sept. 1903, and toRockefeller In March 1905; 38 miles additional to Zlon City and Kenoshawere placed In operation Dec. 2 1905 and the line to Ha ine on Sept. 1 1 906.Line opened to Milwaukee Oct. 31 1908. Practically all the road Is builton private right-of-way and r

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  • bookid:supcommercialfina88newy
  • bookyear:1909
  • bookdecade:1900
  • bookcentury:1900
  • booksubject:Finance
  • booksubject:Banks_and_banking
  • booksubject:Securities
  • bookpublisher:New_York__W_B__Dana
  • bookcontributor:Robarts___University_of_Toronto
  • booksponsor:Internet_Archive
  • bookleafnumber:1251
  • bookcollection:robarts
  • bookcollection:toronto
Flickr posted date
InfoField
28 July 2014



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