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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ers office ,San Francisco.Sutter Street 1st Mtge goldl 1888 5 M-N 1,000.000 May 1 1918 ($1,000) JCal. Title Ins. & Tr. Co.. San Fran., Trustee. Bonds.—Of the $35,275,000 sinking fund gold 4s, $9,866,000 are reservedto retire underlying liens (the other $4,725,000 needed for that purpose be-ing provided by the operation of the sink, funds). A sink, fund equal to2 % of the entire gross earnings, but not less than $100.000 a year, beganJan. 1 1905. All the Income above 5 % on the common must also he appliedto a sink, fund or for Improvements. V. 74, p. 529, 830. Through opera-tion of sink, fund, $1,365,427 bonds have been purchased and are held bytrustee; these bonds are Included In amounts given above as outstanding.Ilonds were listed on the New York Stock Exchange In March 1903. V. 76. June. 1909. J ELECTRIC RAILWAYS 107 GO * MAP OF THE UNITED RAILROADS OF SAX FBANCISCO. Three lines extend beyond the westerlyborder of this map to the pacific ocean. Cable LinesElectric Lines <P
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108 ELECTRIC RAILWAYS (Vol. lxxxviii. p. 1036. Prior lien bonds subject to call. The bonds of Market Street Ry.ssue are subject to operation of sinking fund after Sept. 1 1918; and SutterStreet Ry. 1st mtge. 5s are subject to call after May 1 1908 at rate of $50,000per annum, In numerical order, beginning with bond No. 1. The notes Intable above were Issued to reimburse the company In part for Improvementssince 1902. Dividends.—On 4% pref.. In 1902, Dec, 1.2%; In 1903, June, 1.2%;Dec. 1.2%; In 1904. June, 1.5%; Dec. 1.5%; In 1905, June, 1.8%; Dec.2%. In 1906, Men.. 3.6% (In full of all deferred dividends In arrears toSept. 30 1905); Dec, 2% (paid in dividend ctfs.). None since. On 7%pref. 1st dividend, SH%, paid Feb. 1909. On com., 1st dividend, 1.5%,Men. 1906 (half paid in cash and half in dividend ctfs.). Earthquake and Fire.—For damage done by the earthquake and fire inApril 1906. see V. 82. p. 930, 988. Later In the year the company sufferedfrom a strike of Its employees. See

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