Pe ieee y eon Mh pres Paved we in as Lay an weata RCE SPA, PSST CS ean stat crear Rrra yaar ts Urine Manat Renee eae a pecans Rr aCare hina? Ricorieey bearer ATS e araiea i pote tr ENGIN. JUN 24 1982 CORNELL UNIVERSITY LIBRARIES ITHACA, N. Y. 14583 Engirtering Library Carpenter Hall ersity TF 855.M1 4 McGraw electric railway manua the redb ADU 3 1924 004 065 672 engr Library anual; DATE DUE McGraw Electric Railway Manual The Red Book of American Electric Railway Investments A Manual of the Securities, Traffic Statistics, Earnings, Officers, Directors, and Equipment of Street and Interurban Railways of the United States, Canada, Cuba and West Indies TWENTY-FIRST ANNUAL NUMBER 1914 EDITED BY FREDERIC NICHOLAS AssociaTE EDITOR OF Evectric Rairway JOURNAL McGRAW PUBLISHING COMPANY, Inc. 239 West 39TH STREET New York City $174 Lt. Lah rh A ar rt Re CopyricuT, 1914 BY THE McGRAW PUBLISHING COMPANY, Inc. McGRAW ELECTRIC RAILWAY MANUAL 7 E. H. McHenry W. S. Murray McHENRY & MURRAY, ENGINEERS General Railway Engineering and Electrification NEW HAVEN - - ‘ - CONN. ALLEN AnD PECK, Inc. ENGINEERS AND MANAGERS OF PUBLIC UTILITIES SYRACUSE, N. Y. BALTIMORE, MD. James A. Roosevelt Samuel B. Thompson THE ARNOLD (OMPANY ENGINEERS~ CONSTRUCTORS ELECTRICAL — CIVIL — MECHANICAL 105 SOUTH LASALLE _ STREET; CHICAGO Roosevelt & Thompson ENGINEERS Reports : Investigations : Appraisals 1 Supervision of Construction and The 0a ¥ TON qd ional Bal Management of Electric Railway, Light, Power, Gas and N. J. CENTRAL R. R. BLDG., NEW YORK Water Properties RESOURCES $10,000,000.00 DEPOSITORY OF THE UNITED STATES, THE CITY AND STATE OF NEW YORK “SPECIAL FACILITIES FOR OUT-OF-TOWN ACCOUNTS” 71 Broadway New York McGRAW ELECTRIC RAILWAY MANUAL TOOT TTT TLL Mal OIL IT EIt N DG NT ETI A ATL TAD: M. H. HOVEY . aes eee SY > CHAS KY LEE Es 4460 Washington Building Madison, Wis. My experience covers a period of sixteen years in the design, construction, main- tenance, operation and supervision of all classes of signaling work. I have served the Interstate Commerce Commission in connection with the Block Signal and Train Control Board, and also two State Commissions in connection with signaling matters. During the last year I acted as consulting signal engineer for ten Indiana lines, installing 200 miles of A.C. block signaling. Such experience assures my clients a highly valuable service in the making of Investigations, Plans, Specifications, Estimates and Valuations BANKERS’ TRUST BUILDING NEw YORK Examinations and Reports for Financing THE , CLEVELAND CONSTRUCTION COMPANY ELECTRICAL ENGINEERS ———A CONTRACTORS COMPLETE CONSTRUCTION OF ELECTRIC RAILROADS, ELECTRIC LICHT AND CENTRAL POWER STATIONS EXAMINATIONS AND REPORTS CLEVELAND - - - =- OHIO Se ge EN, It publishes a large | tes several years past the Erectric RatLway JourNAL has paid increasing attention to the needs of the banker and the engineer. amount of material in regard to questions vital to men concerned with such co-related financial subjects as the rate of return, rate decisions, depreciation reserves and engineering reports which have formed a basis for franchise renewal negotiations. In the: important Cleveland, Detroit, ‘Toledo and Kansas City franchise cases, developments have been followed week by week, with longer supplementary articles from time to time as the needs arose. The JouRNAL has also published digests of all the principal street railway engineering and traffic studies, including Providence, Los Angeles, San Francisco, Kansas City, Philadelphia, Toronto, Winnipeg, etc. As a permanent feature of the JouRNAL, there is the department Financial and Corporate in which is recorded each week current financial railway news, covering company reports as soon as issued, reorganizations, changes in capitaliza- tion, changes in officers, etc., together with a record of dividends declared and recent railway monthly earnings. The JourNAL is the great weekly newspaper of the electric railway industry. It supplements the RED Book with the latest up-to-the-minute data of the important railway properties of the country. Look it over each week—note the developments and activities of the field—keep it on file for reference. It will furnish you with an immense amount of valuable information useful to you in your business. Send your subscription (52 issues only $3.00) or write for sample copy. A. L. DRUM & COMPANY Consulting and Constructing Engineers and Operating Managers OF STEAM AND ELECTRIC RAILROADS. GAS AND ELECTRIC LICHTING COMPANIES. Physical and Financial Reports Investigations of Special Operating and Transportation Problems 76 WEST MONROE STREET, CHICAGO THE J‘G-WHITE COMPANIES J:G‘WHITE & COMPANY-INCORPORATED Purchase and Finance the development of Public Utility Properties. We offer to Bankers and Dealers Public Utility Securities. THE J‘G-WHITE ENGINEERING CORPORATION Design and Construct Hydro-electric developments, Electric Light and Power Properties, Electric Railways, Gas Plants, Steam Rail- roads, etc. Reports, Physical Valuations, Appraisals, Purchases. THE J:‘G-WHITE MANAGEMENT CORPORATION Operate and Manage Public Utility and Industrial Properties. 43 Exchange Place - New York Chicago Manila, P. I. San Francisco J:G:WHITE & COMPANY: LTD- 9°Cloak Lane, Cannon Street, London, E. C. McGRAW ELECTRIC RAILWAY MANUAL 9 INDEX TO MAPS Altoona & Logan Valley Electric Railway Co., Altoona, Pa.............0 00. ccecec cece ce eee eee cee ee eee n eee es 269 American Railways Co., Philadelphia, Pa......0......0 00.0 cece ce ceccuccuccceeuceeeetuetncreusseres sirivcaveledesaneess 269 Bay State Street Railway Co., Boston, Mass.............. id dea etait 2 Se ee re ee ere ee between 104-105 Binghamton Railway Co., Binghamton, N. Y........ 0. .ccec cece cece ccc cece eee eee bene tee c cece eeeneesteneeenees 158 Birmingham Railway, Light & Power Co., Birmingham, Ala....... 00.0. .0.cceceeeeceuecee cee eee cues between 4-5 Bridgeton & Millville Traction Co., Bridgeton, N. Jo... . ccc ccc cece ence eee nett eect n ene n sete teen eneneeees 269 Brooklyn Rapld Transit Co., Brooklyn, N. Y..........0..0ccc ccc cece eee seneeeereucnetuventnnes between 184-185 Charleston Interurban Railroad Co., Charleston, W. Va...... ccc ccc cece cee cece cnet teen ence seneteseeseeees 269 Chicago & Joliet Electric Railway Co., Joliet, Ill........0... 00... ccc cece cece ccc ce ee ee eee e be eeeeeeeeeeeeteenege 269 Chicago, Ottawa & Peoria Railway Co., Ottawa, IIl........0.00 ccc cece cee cece cee ence ce ee es cent eb ence eneeee 46 Cleveland Railway Co., Cleveland, Ohio..............0 00 ccc ccc cece eee ec ence enn cece ees tebe bes eepeeenebeeeneenee 218 Dallas: Electric Co;,-'Dallas,. “Texe. cis woes ec scesdexen ese eaaes nedsa een between 104-105 Memphis Street Railway Co., Memphis, Tenn.............. 0. cece ec ee ec cence ce ee cece cen teens eeucceuveneenes 299 Milwaukee Electric Railway & Light Co., (The), Milwaukee, WiS............. 2. ccc cece cece cee eee eeeenees 329 eosorcor WROMMONG SCO, eyo TRAVELERS’ CHEQUES CABLE TRANSFERS Underwrite Entire Bond Issues of Street Railway, Electric Light, Power and other Public Utility Properties Situated in the Larger Cities HIGH GRADE INVESTMENT SECURITIES 33 Pine Street - New York 33 Congress Street - Boston 10 McGRAW ELECTRIC RAILWAY MANUAL Milwaukee Light, Heat & Traction Co., MilwaudkK6e, WiSiseescs cise odcia nuasascecdin cae nce caatndarnnarns Meeiranlss 329 Minneapolis, St. Paul, Rochester & Dubuque Electric Traction Co., Minneapolis, Minn..............-- 133 Montreal Tramways Co., Montreal, Que.........0... ccc cceccccuvecccccccecceeeunuucteeneeentenenes between 342-343 Montreal Tramways & Power Co., Montreal, Que........... ccc ccc cece cece cece eee eves eeteneee as 342-343 Nashviltie Railway & Light Co:, Nashville, Tainnis sis. 45 ude schavowe veedouw cov since dss veandeeses nga tus eadeveasne 301 National Propertios Cog WilmmBtaihy Dele. sys wisi testes cccdcapan een wee gi dod See cea ded Gacaeene Sect ees between 34-35 New York Municipal Railway Corporation, Brooklyn; Nw ¥ cise ecuncnace ons eae eteedne between 184-185 New York State Railways, Oneida, Rochester, Rome, Schenectady, Syracuse, Utica, N. Y...........++ 200 Northern Electric Railway Co., Chico, Cal........ 2.00.0 ccc c cece cece cece cee e ee sete evs eeeetaeeeseeeereenneenees 12 Northern Texas Electric Co., Fort Worth, Tex..............0 cece cece cee teen cee nee een de tte e eben tebe nnet bees 306 Ohio Valley Electric Railway Co., Huntington, W. Vai... ccc. cece cece ccc cece cc eeecceeteeuceetucusavaeneeenenes 269 Pacific Gas & Electric Co., San Francisco, Cal..... 2.0.0.0... ccc ccc cece cence eens cence te tu ccuaceuauaveuauetenes 23 People’s Railway Co., Dayton, Ohio.........0 00. c ccc ccc ccc ccc nce e cet ce nee en seeeeccecnentenbnenentesbnbes 269 Philadelphia Rapid Transit Co., Philadelphia, Pa..................2....005 bocca eeenene sie between 264-265 Public Service Corporation of New Jersey, Newark, N. J....... 0... cece cece ee cece sec ceceeceeee ss 150-151 Public Service Railway Co., Newark, N. Jo... .. ccc c ec ccce eee ene e cece eee eteeeeeteeeeeunees ss 150-151 Puget Sound Electric Railway, TaCOMa, WAS Wises coisa ote We Alec vain nei rattan ne eee Ave cadh aeeeaeeanendes 319 Puget Sound Traction, Light & Power Co., Seattle, Wash....... Ps eee Reis Sul diceuleashi MOREE oP dished See alana NEES 319 Roanoke Railway & Electric Co., Roanoke, Va...........0 0c cece cece cece cece cane cee eaee eee eenerseeneecenees 269 San Antonio Traction Co., San Antonio, TexX......... 0.0... cece ccc ccc cece cee een nee teccunsseenteucueeuaccucseeeus 310 Sandwich, Windsor & Amherstburg Railway, Windsor, Ont.............0.0 000s ccc ce ce cece ence cee etececneeecees 122 San Francisco-Oakland Terminal Railways, Oakland, Cal.............. 0.000 cc cee ceca cceee ce euuveveeeuncecece 16 Schenectady Railway Co., Schenectady, NY. ....... 0. cece ccc eee e eee ence cee bene es eneeetennenbaeeeeeees 200 Scranton Railway Co., Scranton, Pa. ......... ccc cece ccc cn eee n cece cence cee nee nee nse eeestaceneecrensseepnruneereans 269 Springfield Railway Co., Springfield, Ohi0........... 0. eee eee cece eect ete nee eee eseneereenes 269 Toledo Railways & Light Co., Toledo, Ohi0.... 2.0.6.0... 6k Lice ccc cnc cece e et eee eee nen seebeaaeneenreenaee 234 Twin City Rapid Transit Co., Minneapolis, Minn................ 0.0 ccc cece eee nee e cece ceueesseueteenereeuneeees 131 Union Traction Co. of Indiana, Anderson, INd........ 0... ccc cce ccc cece cece cnet eee tee e ee te ae eaenaenenuenseaes 68 United Light & Railways Co., Grand Rapids, Mich................. 6... ce cece cece eee eee ences between 124-125 United Railroads of San Francisco, San Francisco, Cal................ ccc ccc ce cece eee cee between 20-21 United Railways & Electric Company of Baltimore, Baltimore, Md.................. 0c. ccc ec cc ce nec ce cues 99 Washington Railway & Electric Co., Washington, D. C...... 00... cece eee c nee ees between 36-37 West Penn Railways Co., Pittsburgh, Pa............ cece ccc cece ence ee beeen tae eee nee nteceeeneres 279 West Penn Traction Co., Pittsburgh, Pa........ 0... cece eect cee e center cnet eee eennnenerecccs 279 West Penn Traction & Water Power Co., Pittsburgh, Pas-........ 0. cece eee cece eee c nce teteeeee ees 279 Wilmington & Philadelphia Traction Co., Wilmington, Del...............0.. 0.000 ccc cece eee between 34-85 829 Wisconsin Gas & Electric Co., Kenosha, WIS... 0.0.6... ieee cece cece ee eee ccc ee enne en eeeentenesenteetbrerce. McGRAW ELECTRIC RAILWAY MANUAL 11 SCOFIELD ENGINEERING COMPANY ENGINEERS EXAMINATIONS, VALUATIONS, ELECTRIC RAILWAY, LICHT AND REPORTS, DESICNS, SPECIFICA- TIONS, SUPERVISION OF CON- POWER: SR ls) wae eee aN STRUCTION, OPERATION, FINANCE HYDRO-ELECTRIC PROPERTIES PHILADELPHIA, PA. es Mees jes PAN SARGENT & LUNDY ENGINEERS RAILWAY EXCHANGE BUILDING CHICAGO, ILL. TELEPHONE, HARRISON 3425 WOODMANSEE & DAVIDSON, inc. ENCINEERS MILWAUKEE CHICACO Wells Bldg. Ist National Bank Bldg. RALPH D, MERSHON ‘Consulting Electrical and Mechanical Engineer Estimates, Reports, Plans, Specifications and Supervision of Electric Lighting, Railway and Power Plants, Long Distance Power Transmission 80 MAIDEN LANE 2 NEW YORK Neiler, Rich & Co. ENGINEERS Consulting, Designing and Supervising Railway, Lighting, Water Power and Industrial Plants MANHATTAN BLDG., CHICAGO, ILL. Charles W. Palmer Consulting Engineer Examinations Supervision STEAM AND ELECTRIC RAILWAYS COMPLETE Perry Building Philadelphia, Pa. WILLIAM S. TURNER CONSULTING ENGINEER Mem. Am. Inst. Elect. Engrs. Mem. Am. Soc. Civil Engrs. Financial Reports, Physical Valuations, Rate and Traffic Investigations, Tests, Specifications and Supervision Railroads, Electric Railways, Lighting and Power Plants, Hydro-Electric Developments SPALDING BLDG. PORTLAND, ORE. [EEE a Se TE SN 12 McGRAW ELECTRIC RAILWAY MANUAL H. M. Byllesby & Co. ENGINEERS Continental & Commercial Bank Building, CHICAGO Trinity Building, NEW YORK TACOMA, WASHINGTON ALBERT S. RICHEY EDWARD P. BURCH ELECTRIC RAILWAY ENGINEER Electric Railway Engineer WORCESTER POLYTECHNIC INSTITUTE Electric Traction for Freight and Passenger Train Service. WORCESTER, MASSACHUSETTS Reports on Situations for Stockholders and Bankers. Specifications for Steam and Hydraulic Plants. Physical and Financial Examinations. The Economical Production, Distribution and Application of Power; Transportation Efficiency; Physical Reports; Electrolysis Investigations; Appraisals of Railway Properties. Estimates; Designs; Specifications; Tests Plymouth Building Minneapolis William W. Cole CONSULTING ENGINEER PHYSICAL AND FINANCIAL REPORTS INVESTIGATION OF OPERATING AND JAMES WALKER CONSULTING ENGINEER TRANSPORTATION PROBLEMS 742 FIRST NATIONAL BANK BUILDING APPRAISALS SHeAGe 43 EXCHANGE PLACE PUBLIC UTILITIES NEW YORK BENEZETTE WILLIAMS DAY & ZIMMERMANN C. B. WILLIAMS ENGINEERS Consulting, Designing and Supervising Engineers Investigations and Reports Engineering and Construction Operation Hydraulic Works and Valuations of Public agence ial ¢ . Utilities a Specialty Public Service Properties 54 West Randolph St. Chicago 611 Chestnut Street PHILADELPHIA WAY YOU SHOULD PLACE’ YOUR CAR ADVERTISING ON A PERMANENT BASIS Suppose you accept an Attractive Offer or your advertising space from a Novice a Beginner without business connections in the Car Advertising Field. Because of the Besent Established Value of car advertising space, he may make an Appatently Successful “Showing for a tief period “with local advertisers. But with what Eventual Result 7 YOU LOSE in the First Place because of the Impaired Appearance of Your Cars. The ADVERTISER. LOSES because his catds lack that Human Appeal which Produces Results. The NOVICE LOSES because he has Not Made Good with the Advertiser. YOU LOSE AGAIN because the Novice has possessed neither the Fundamental Knowledge nor, the Facilities essential to a Successful Profitable Advertising Business. YOU LOSE._A THIRD TIME because the Value of the Space has Depreciated. It takes a Substantial Advertising Comp yeats to build up what a Novice destroys in a few months. cb ff F ss . - ron ‘. » ol f et eS Pa ee of - ee e? oe a : oo oe < ee ft we es oe my Ss 7 rr eee 3 ot ty oe we * ¢ Flatiron Building NEW YORK HAVE YOU CONSIDERED How the present Value of your Advertising Space was created ? That Value was not always there. It took Experience, Ability. Energy. Money and Time to develop a Healthy Demand for the Advertising Space in Your Cars. Did you know that The Collier Service, National in Scope and Established over Twenty Years, was very largely Instrumenta in Creating this Demand ? With the Result that Your Property acquired a New and Substantial Source of Profit ? It is only the Organization Equipped to Best Utilize the Advertising Space that can make Your Space bring you the Greatest Permanent Return. Bonn ize Flatiron Building NEW YORK McGRAW ELECTRIC RAILWAY MANUAL Carrying the Nations’ Millions —binding town to town, carrying the cities to their work and to their play, the electric railways of the world, spenders of millions, depend on the Electric Railway Journal for weekly information and inspiration. ‘They use it as a tool in their daily work and have done so since horse car days. The Journal is firmly rooted in the heart of the industry which it has helped to create. Its influence is a mighty aid in every department of electric railway work. KSAT An interesting and helpful issue every week, a big Annual Convention Number, four or more Daily Convention report numbers— all for only $3.00—less than 6 cents each. (Canadian rate, $4.50—Foreign, $6.00.) McGRAW PUBLISHING CO.,, Inc. 239 West sath sireet, New York. U0, a, As 14 McGRAW ELECTRIC RAILWAY MANUAL MINIATURE PRECISION INSTRUMENTS FOR DIRECT CURRENT A new group of very small Indicating Instruments—Compact, Accurate, Durable, Beautiful Portable Voltmeters, Millivoltmeters, Volt-Ammeters, Ammeters, Mil-Ammeters are supplied in single. double and triple ranges, the Triple range Volt-Ammeter com- prising six instruments in one. This group also includes Battery Testers Switchboard Voltmeters, Volt-Ammeters, Ammeters, Mil-Ammeters This new line of instruments represents the latest development of the pivoted moving coil, permanent magnet type for low ranges. The refinement of design and mechanical work in them has been carried to a degree which would appear to be almost impossible of accomplishment, if the results were not evident in the instruments themselves. | They _ embody characteristics which have made the well-known Weston | Standards famous throughout the world. They are accurate, dead beat and extremely sensitive. They may be left continuously in circuit at full load without injury and are shielded against the external electrical and magnetic influences of other appa- ratus in their vicinity. They are substantially constructed and may be safely sent long distances through the mails and will withstand an extraordinary amount of vibration without injury- € ihey have the longest scale ever provided in instruments with equal length of pointer. Each model has been thoroughly tested under the most severe conditions of service and in experiments extending over more than one year. The portable instruments may be conveniently carried in the coat pocket. The prices have been established upon so low a scale that any one may possess one or more of these remarkable instruments at moderate cost. f you cannot obtain the instruments desired from your dealer, write to us. Model 280—Triple Range Portable Volt-Ammeter One-half Size Model 280—Single Range Portable Voltmeter One-half Size Model 268—Switchboard Volt-Ammeter. Reads Am- The several models and ranges offer a selection from over 300 different peres. Press Button for combinations, listed in Bulletin No. 8, which will be mailed upon request. Volts. One-half Size Model 267—Switchboard Ammeter One-half Size WESTON ELECTRICAL INSTRUMENT COMPANY Main Office and Works: Newark, N. J. New York, 114 Liberty St. St. Louis, 915 Olive St. ; Chicago, 832 Monadnock Block Montreal London, Audrey House, Ely Place, Holborn Denver, 2910 Huron St. eae s : Boston, 176 Federal St. San Francisco, 682 Mission St. ene Northern Hien, Company Bd ere = eon cahes eee er 303-4 Hale Bldg., Cleveland, 1729 E. 12th St. Calgary Johannesburg, So. Africa, F Peabody Rice 1326 estnut Street Detroit, Dime Bank Bldg. z Saget ce . : Atlanta, 415 Fourth Natl. Bk. Bldg. Richmond, Allison Bldg. FONDS PEE a SE Ea DSP Se enone GARDNER 5S. WILLIAMS M. Am. Inst. Cons. Eng.; M. Am. Soc. C.E. Consulting Engineer R. K. HOLLAND, M. Am. Inst. E.E., . Electrical Engineer L. E. AYRES, Assoc. M. Am. Soc. C.E., . Office Engineer H. K. HOLLAND, Assoc. M. Am. Soc. C.E., Supervising Engr. A. E. GREENE, Assoc. M. Am. Soc. C.E., Designing Engineer ROBERT P. WOODS M. Am. Soc. C. E. Consulting and Constructing Engineer Hydraulics, Water Power and Hydro- Electric Development, Water Supply, Electric Power and Distribution, Surveys, Plans, Specifi- cations and Superintendence, Reports, Estimates and Valuations Ann Arbor, Mich. ELECTRIC RAILWAYS 1005 Commerce Bldg. Kansas City, Mo. Indianapolis Office, 801 Tractlon Terminal Building Cornwell Building Drew Electric Railway Specialties Drew Trolley Frogs 4,000,000 car passings is the average life of Drew frogs. How does it compare with the frog service you are getting? Drew Pole Sleeves Drew Pole Sleeves are life restorers to poles broken or weakened through corrosion at the ground line. They save 800%. which is a big saving on pole purchases. Samson Splicers Made with special smoothly tapered lips, a flush-fit under-run that pre- vents arcing. Samson Pipe Insulators Prevent electrolysis of pipes by breaking up their electrical continu- ity, which prevents the flow of the destructive return currents that cause the electrolysis. Drew Motorman’s Glass Enables the motorman to see for himself when it is safe to start. Pre- vents expensive damage suits. Drew Service is best quality. latest design, fair prices and shipment the day your order is received, If you want the right material and want it quick deal with Drew Electric. Drew Electric & Manufacturing Co. INDIANAPOLIS, IND. MAPS Please note our facilities for MAP MAKING IN ALL ITS BRANCHES FOR ELECTRIC RAILWAYS Ist. Reproduction by photolithography, on the same or reduced scale, of your original drawing (or tracing). 2nd. Printing editions of any number, small or large, in black or colors. House Established 1828 Telephone 6842 Barclay E. C. BRIDGMAN 86 Warren Street NEW YORK McGRAW ELECTRIC RAILWAY MANUAL 15 | INDEX TO ADVERTISERS Allen & Peck, Inc., Syracuse, N. Y......00. 00 0c cece cee e evens 7 | Mershon, Ralph D., New York, N. V.,......0ccccee cece ee eeees II American Steel & Wire Co., Chicago, Ill.......... 0. cc cece ce ees 33 Manotel Cay, (Pel; Ghicagon WM, ca csu ios os eevee dade g | alee: BES C6. dna, Chicago, Misi sya nicennn piesa a A84 = Brdensas BGs Siew Work NT Aosta - Palmer, Chas. W., Philadelphia Pa........ 0.0 ccccceeeeeeeeees IE Burch, Edward P., Minneapolis, Minn............ iaadauhnns Stes 12 | Perry, Coffin & Burr, Boston, Mass........-.. 000. ee cece ee eee 2 Byllesby & Co., H. M., Chicago, Ill..... 00.0.0... cece cence eee 12 Rail Joint Co. (The), New York, N. Vii... 0c cee cece cee eee 32 Clark & Co., E. W., Philadelphia, Pa.............ceees.eee00+ 4 | Redmond & Co., New York, No Veccccccccccccccecccccecccence 5 les esate Corb rsatiign Oa Clavel sad, On inisccrvrsreeeazs g Richey, Albert S., Worcester, Mass..........00cceeeeeeeeeeeees I2 Coal & Iron National Bank (The), New York, N. Y..............7 Roosevelt & Thompson, New York, N. Y.... 0.2... 0eee cece ee eee 3 Cole, W. W., New York, N. Vi... 0. ccc cece cee cence ees 12 Collier, Inc., Barron G., New York, N. Y., Insert following p. 12] Sanderson & Porter, New York, N. Vu..cceeeecesseeeeee Back Cover Conant, Young & Co., Boston, Mass.......... 00.000. 00 cece eee 2 | Sargent & Lundy, Chicago, Ill...........c00ccccceceeeeceeeees a Day & Zimmerman, Philadelphia, Pa. ...........0...00. 000s eee 12 | Scofield Engineering Co., Philadelphia, Pa.................00.. II Drew Electric & Manufacturing Co., Indianapolis, Ind.......... 14 | Stone & Webster Engr. Corp., Boston, Mass..Insert following p. 30 Drum & Co., A. L., Chicago, Ill....... 0... eee opposite page 8 Tucker, Anthony & Co., Boston, Mass..:.........c0ecee cece ee 3 PACCIIICRL WO iieiled ooh e came ee ae SHAN dada weaken be keane 4252 Parser. Wilt S.. Pesiend: O88 oivieiwla ovanaxascevoacenes de Electric Railway Journal........0... 0. cece eee eee e tee aes 8and 13 Walker. James, “Chicago,-\Mwwsccaa da cwdavcahiyess eae escway cen 12 General Electric Co., Schenectady, N. Y............ 00000 e eae 30 Westinghouse Church Kerr & Co., New York, N. Y........... 16 | & Co.; Ne W..; New York, Ne Vi wiesweev seed ooea dean d4 15 ‘ Bieler? 7 Weston Electrical Instrument Co., Newark, N. J. ............. 14 Harris, Forbes & Co., New York, N. Y.........-... 2222 eee eee 2 White Companies, The J. G., New York, N. Y....opposite page 9 Hovey, My Fs Madison, Wiss. scr vaca eine cite aierielsin de terse 0 08 heed 8 Williams, Benezette, Chicago, Ill...... 00.00.0000... cece ceeaee 12 Lamarche & Coady, New York, N. VY... .. cee le eee eee eee 2 WACHNNG ie Bi Oh ARTA coacowcc deen’ a Marsh & McLennan, Chicago, Ill... ... 0... cee cee ce cee eee 3] Williams, Gardner S., Ann Arbor, Mich.....................00, 14 Mason & Co., F. W., Boston, Mass.....--.... cs eee e eevee eee ee 2 | Woodmansee & Davidson, Inc.,Chicago, [ll........ cece. cee Aa th McConnell & Co., H. F., New York, N. Y.......... 0. eee eee 2 Woes bere Py Mensad ily Menaraaccaeublsas veered ‘i McGraw Publishing Co., Inc.. 2... ce cece cece ee eee 31 | McHenry & Murray, New Haven, Conn.........-......+++0+- 7 | “Noung; (Gs -Giy New York, Ni Viswes sree wewe snacks mead Gaeunnas 8 Bonds for Investment Government, Municipal, Railroad, Street Railway, Gas, Electric Light and Power Issues bought, sold and appraised Fiscal Agents for Municipalities and Corporations N. W. Halsey & Co. 49 Wall St., New York Correspondence Invited Boston Baltimore Philadelphia Chicago San Francisco London Geneva 16 McGRAW ELECTRIC RAILWAY MANUAL A plant designed and erected by Westinghouse Church Kerr 8 Co, for the J. 1. Cask THresHInG Macuine Co., Racin, Wis. Boston SIXTEEN years ago, when the late Mr. Charles P. Clark came to the mechanical and electrical engineering problems of the Boston South Station, he said: I don’t want someone to merely tell me what to do. I want it done.”’ Westinghouse Church Kerr & Co. told him what to do. And did it. That describes, as well as a dozen words can describe, the service which Westinghouse Church Kerr & Co. offer. W. C. K. are engineers. But they are engineers who carry out their plans. Whether it is a factory, a power plant or a railroad terminal, W.C. K. service be- gins with an intelligent plan and endswith the last brushful of paint on an efficient plant, with tools on the benches ready for your workmen to commence work when the whistle blows, if that is what you want. There are in the W.C. K. organization engineers for consultation, for appraisal, for investigation and report upon your special problems—trained men in every branch of engineering—men with long experience in railroad, in power plant and in industrial construction. There are buyers in the W.C. K. organ- ization who practice an economy for youin the purchase and delivery of material and machines, that you could not for yourself. There is a traffic department in the W.C.K. organization that saves more time than you realize could be lost in shipments and more money than you realize could be saved in freights. The W.C.K. organization has a small army of mechanics and laborers that makes it one of the large builders in the country, with all that that means in the way of speed, efficiency and economy. Call W.C. K. engineers, if you will, but engineers who are also purchasing agents, shippers, trafic managers, steel and concreteworkers, masons, carpenters, machinists, plumbers, steam fitters, paint- ers, inspectors, auditors—and, primarily, Jour agents—working for your interest. Tell W. C. K. what you want and they do it. _Ifyouare contemplating azy construction will you give us an opportunity to show whereinW. C.K. could be of service to you? Westinghouse Church Kerr & Co. 3/7 Wall Street, New York Chicago San Francisco Montreal Winnipeg Vancouver McGRAW ELECTRIC RAILWAY MANUAL 17 INDEX An asterisk (*) indicates an underlying company, not separately reported, but with outstanding securities. A statement concerning the securities will be found under the report of the controlling or operating company. An Index to the maps will be found on pages 9 and 10. A Aberdeen Ry. Co., Aberdeen, S.C... 26. cee ccc ne eee 295 Abilene Street Ry. Co., Abilene, Tex............ ce cceece cena 300 Adirondack Lakes Traction Co. (The), Gloversville, N. Y....... 166 Adrian Street Ry. Co., Adrian, Mich.......... 0. cece eee eee 120 Akron, Bedford & Cleveland R. R. Co., Akron, O.............. *O11 Akron, Wadsworth & Western Traction Co., Akron, O......... *Or1 Alabama City, Gadsden & Attalla Ry. Co., Gadsden, Ala ....... 5 Alabama Traction, Light & Power Co., Ltd., Montgomery, Ala.. 7 | Alameda, Oakland & Piedmont Electric Ry. Co., Oakland, Gas oye siesta estoxe sabe eee acne Aas As BEY a GANAS eaten oe. oe 17 Albany Ry. Co: Albany: Nu Visas see aeadoeceennineeauriey shan *156 Albany Southern R. R. Co., Hudson, N.Y........ cece cece eee 166 Albany Transit Co... Albany; Gas... 404 dese ances He whoo ea oa 8 39 Albia Interurban Ry. Co., Albia, Iowa... ..... cece ec ee ee eee 80 Albuquerque Traction Co., Albuquerque, N. M........4-. 0.00 155 Alexandria Electric.Rys. Co., Alexandria, La..............-.00- gI | Alfred Light & Power Co., Sanford, Me...........0.seee eee *97 Allegheny & Bellevue Co., Pittsburg, Pa............. we eeeeees M27 Atiegheny, Bellevue & Perrysville Ry. Co., Pittsburg, Pa....... 277 Allegheny Street Ry. Co., Pittsburg, Pa......... 0. cece ence eas *277 Allegheny Traction Co., Pittsburg, Pa................. 276 Allegheny Valley Street Ry. Co., Tarentum, Pa................. 287 Allen Street Ry. Co., Bethlehem, Pa........... 0 cece ee eee aee 246 Allentown Bridge Co., Allentown, Pa............ee cee eee ee cee *244 Allentown & Reading Traction Co., Allentown, Pa............. 245 Alton, Granite & St. Louis Traction Co., East St. Louis, Il...... *60 Alton, Jacksonville & Peoria Rv. Co., Alton, Ill................ 44 Alton Railway, Gas & Electric Co., East St. Louis, Ill........... *60 Alton Railway & Illuminating Co., East St. Louis, Ill........... *60 Altoona & Logan Valley Electric Ry. Co., Altoona, Pa.,........ 246 Amarillo Street Rv. Co., Amarillo. Tex...... cc. cece ee vee vee 302 Amelia Beach Co., Fernandina, Fla........... ese e eee e eee eee 38 American Cities Co., New York City... ...... . 0. es eee eee eee 193 American Light & Traction Co., New York City..............6. Ig! American Public Utilities Co., Grand Rapids, Mich............. 126 . American Railways Co. (The), Philadelphia, Pa................ 268 Anacostia & Potomac River R. R. Co., Washington. D.C....... *36 Anniston Electric & Gas Co., Anniston, Ala...............0.eee 5 Appleton Gas Light & Fuel Co., Appleton, Wis................. *326 Ardmore & Llanerch Street Ry. Co., Philadelphia, Pa.,........ 270 Ardmore Street Ry., Pittsburg, Pa... .... ee eee cece eee eee nes 276 Ardmore Traction Co., Ardmore, Okla.... 0... e.eee cee eee eee 239 Argenta Ry. Co., Argenta, Ark... 0... -eeee vest ec eee n ence nee 8 Arkansas Valley Interurban Ry. Co., Wichita, Kan............. 87 Arkansas Valley. Railway, Light & Power Co., Pueblo, Colas: «28 Aroostook Valley Ry. Co., Presque Isle, Mé............-- 0100. 96 Asbury Park & Sea Girt R. R. Co., Asbury Park, N. Is 2 tevez 147 Asheville & East Tennessee R. R. Co., Asheville, N. C......... 207 Asheville Power & Light Co., Asheville, N. C...........05-0+++4 207 Ashland & Catlettsburg Street Ry. Co., Huntington, W. Va..... *323 Ashtabula Rapid Transit Co., Ashtabula, O.......... sneer cen 212 Atchison Ry., Light & Power Co., Atchison. Kan). ivccewavaenisvars 86 Athens Electric Ry. Co., Athens, Ga....... eee eee cee eee eens *39 Athens Railway & Electric Co., Athens, Ga....... see eee eee eee 39 Athol & Orange Street Ry. Co., Athol, Mass.........+...00000. 102 Atlanta Consolidated Street Ry. Co., Atlanta, Ga......-......-. *40 Atlanta Gas Light Co., Atlanta, Gals... i.e ec ee eee eee ee eee *40 Atlanta Street R. R. Co., Atlanta, Ga...... es cee eee eee eee ee *40 Atlanta Northern Ry. Co., Atlanta, Ga... 0... cee ec cee ee eee 4o Atlantic Ave. R. R. Co., New York City ........ eee eee eee eee *187 Atlantic City Electric Ry., Atlantic City, N. Jove ee eect eee eee 148 Atlantic City & Ocean City Co., Atlantic City ING5 Fiserseanetiosticccseas as 147 Atlantic City & Shore Co., Atlantic City, N. J... 0... see eee eee 147 Atlantic City & Shore R. R. Co., Atlantic City, N. J........ eee 147 Atlantic Coast Electric Light Co., Asbury Park, N. J..... pireecmac *146 Atlantic Coast Electric Ry. Co., Asbury Park, N, J............. 146 Atlantic Shore Line Ry. Co., Sanford, Me........-. eee e eee eee *Q7 Atlantic Shore Ry., Sanford, Me........ perce eee e eet eens 97 Atlantic & Suburban Ry. Co., Atlantic City, N. J.......s-eeeees 147 Auburn & Northern R. R. Co., Rochester, N. Y........--. sees *201 Auburn & Syracuse Electric R. R. Co., Auburn, N. Y..... ..-, 156 Augusta-Aitken Ry. & Electric Corporation, Augusta, Ga....... 4t Augusta, Hallowell & Gardiner R. R. Co., Lewiston, Me........ *94 | Augusta Railway & Electric Co., Augusta, Ga............-.0005- ¥4r Augusta, Winthrop & Gardiner Ry. Co., Augusta, Me.......... *Q4 | Aurora, Elgin & Chicago R. R. Co., Chicago, Ill................ 56 Aurora, Elgin & Chicago Ry. Co., Chicago, Ill................. *56 Austin-Street Ry: Cox, Austin, Nexis. cid no cgecwa aceon es teleerses 302 B Babylon R. R. Co., Babylon, N. Y...... cece eee eee eee eee ee 157 Bakersfield Gas & Electric Light Co., Fresno, Cal.............. *13 Bakersfield & Kern Electric Ry. Co., Bakersfield, Cal........... Il Baltimore & Annapolis Short Line Ry., Baltimore, Md.......... * too Baltimore & Bel Air Electric Ry. Co., Bel Air, Md.............. IOI Baltimore, Catonsville & Ellicott Mills Passenger Ry. Co., Balti- TORE, NEG 8 svesevaccicds chawe ete a vra+ Veraiatecs G-ayansuate je enususne: dyonleltsecven. @ Saavend *98 Baltimore, Halethorpe & Elkridge Ry. Co., Baltimore, Md...... Too Baltimore & Ocean City Ry. Co., Washington, D.C............ 35 Baltimore & Ohio R. R. Co., Baltimore, Md.................... 100 Baltimore, Sparrows Point & Chesapeake Ry., Baltimore. Md..... 100 Baltimore Traction Co., Baltimore, Md.............0.22 0.000 %98 Bangor & Portland Traction Co., Bangor, Pa.................4. 246 Bangor Power -Co:, Bangor, Messin eis veeeouacaeta we ysis decd ee 93 Bangor Ry. & Electric Co., Bangor, Me............ 0.0.0.0 2000. 93 Bar Harbor Electric Light Co., Bangor, Me.................... %93 Bar Harbor & Union River Power Co., Bangor, Me............ ¥63 Barre & Montpelier Traction & Power Co., Montpelier, Vt...... 312 Bartlesville Interurban Ry. Co., Bartlesville, Okla........... 239 Baton Rouge Electric Co., Baton Rouge, La.................... gI Bay Counties Power Co., San Francisco, Cal................00. *22 Bay Shore Street Ry. Co.. Green Bay, Wis..............020.00. 328 Bay State Street Railway Co., Boston, Mass..................4., 104 Beach Grove Traction Co., Beach Grove, Ind............ 0.0... 70 Beaumont Traction Co., Beaumont, Tex... ...........0ccee eae 302 Beaver Valley Traction Co. (The), Pittsburg, Pa............... 277 Bellaire Southwestern Traction Co., Wheeling, W. Va........... 325 Bellows Falls & Saxton’s River Street Ry. Co., Bellows Falls, Beloit Traction Co., Beloit. Wis........ 326 Belt Line Railway Corporation, New York City... .............. 177 Ben Avon & Emsworth Street Ry. Co., Pittsburg, Pa............ 277 Bennington Electric Co., Brattleboro, Vt........... cc esse eee ee *312 Bennington Water Power & Light Co., Brattleboro, Vt..........*312 Benton & Fairfield Ry. Co., Fairfield, Me...............0...0..05. Benton Harbor-St. Joe Ry. & Light Co. (The), Benton Harbor, Micha cess tiese cia eras oon Wine mreW eae one O46 Gude MMe oceans 120 Bergen Turnpike Co., Newark, N. Ji... ce... cece cece ee eee 153 Berkshire Street Ry. Co., Pittsfield, Mass..... ........... aso EE Berlin & Northern Ry. Co., Berlin, Ont...............0..00.008. 336 Berlin street Ry. Co. Berlin, NAM i228 conc hal Seema eeean (43 Berlin & Waterloo Street Ry. Co., Berlin, Ont.. ............... 336 Berwick & Nescopeck Street Ry. Co., Berwick, Pa............., 247 Bethlehem & Nazareth Passenger Ry. Co., Bethlehem, Pa....... 247 Biddeford & Saco R. R. Co., Biddeford, Me.................... 93 Big Creek Light & Power Co., Santa Cruz, Cal..... ...0....... *26 Billings Traction Co., Billings, Mont. .. .... 22. 22. 140 Biloxi Electric Rv. & Power Co., Gulfport, Miss...... see eee 94 Binghamton, Lestershire & Union R. R. Co., Binghamton, N. Y.*159 Binghamton R. R. Co., Binghamton, N. Y...........00cc ce eeeee *159 Binghamton Rv. Co., Binghamton, N. Y................... 00, Birmingham, Ensley & Bessemer R. R. Co., Birmingham, Ala... 5 Birmingham, Knoxville & Allentown Traction Ry. Co., Pitts burg, Pa Birminghara Ry. & Electric Co.. Birmingham, Ala.............. ee Birmingham Ry., Light & Power Co., Birmingham, Ala........ 5 Birmingham-Tuscaloosa Ry. & Utilities Co., Tuscaloosa, Ala.... 7 Black River Traction Co., Watertown, N. Y..................., 205 18 McGRAW ELECTRIC RAILWAY MANUAL Bloomfield Street Ry. Co., Pittsburg, Pa...... 29 Genie 270 Bloomington, Decatur & Champaign R. R., Decatur, Ill........ 59 Bloomington & Normal Ry.,Electric & Heating Co., Bloomington, DL i Sepa ata Ret rete aay ee oss Sibley SB UE SAIN asa a ted Sur es ob Se aghast oERS *44 Bloomington & Normal Ry. & Light Co., Bloomington, Ill...... 44 Bloomington, Pontiac & Joliet Electric Ry. Co., Pontiac, Ill...... 65 Bloomsburg, Millville & Northern Ry., Bloomsburg, Pa......... 247 Blue Grass Traction Co., Lexington, Ky.........cec eee eeeeeee *89 Blue: Hill Street Ry. Cox, Canton, Mass: sss. . pawwsncdcieweas Maou 10g Blue Lakes Water Co., San Francisco, Cal........00 6 cece eee *22 Blue Ridge Light & Power Co., Staunton, Va...............0005 Br7 Blue Ridge Traction Co., Danielsville, Pa...............00 eee 250 Bluffton, Geneva & Celina Traction Co., Bluffton, Ind.......... 70 Boise & [Interurban Ry. Co., Boise City, Idaho..............0085 * 44 Boise-Payette River Electric Power Co., Boise City, Idaho...... 43 Boise R. R. Co., Ltd., Boise City, Idaho..............0. 00 ce eee *44 Bonham Electric Ry., Light & Power Co., Bonham, Tex.... ... 302 Boston Elevated Ry. Co., Boston, Mass...........00.00seeeee se 102 Boston & Maine R. R., Boston, Mass........ 0.000 ceee cess cence 108 Boston & Maine R. R. (Concord & Manchester Electric Branch), Contord): Nic Fl vsacoece vie see veneer ek Sees Sara ea dene Saale copie ue 143 Boston & Maine R.R. (Portsmouth Electric Branch), Concord, N.H 144 Boston, Milton & Brockton Street Ry. Co., Boston, Mass....... *I05 Boston & Northern Street Ry. Co., Boston, Mass...............*105 Boston Suburban Electric Cos., Newton, Mass...........25. 00% 114 Boston & Worcester Electric Cos., Boston, Mass.............00- 107 Boston & Worcester Street Ry. Co., Boston, Mass............. 107 Boulder Electric Light & Power Co. (The), Boulder, Col........ Bowling Green Ry. Co., Bowling Green, Ky............000.0005 Boyertown & Pottstown Ry. Co., Pottstown, Pa................ Braintree Street Ry. Co., Boston, Mass.............ccceeeeeeee Braintree & Weymouth Ry. Co., Boston, Mass...............0.. Branford Electric Co., New Haven, Conn..............cceecces Brantford & Hamilton Electric Ry., Hamilton, Ont.... Brantford Street Ry. Co., Brantford, Ont...............000e eee Brattleboro Gas Light Co., Brattleboro, Vt..............00e.00e *312 Bridgeport Traction Co., Bridgeport, Conn................0.004 *29 Bridgeton & Millville Traction Co., Bridgeton, N. J............ 148 Bridgewater, Whitman & Rockland Ry. Co., Boston, Mass......*106 Bristol County Street Ry. Co., Taunton, Mass.................. *II9 Bristol & Norfolk Street Ry. Co., Boston, Mass................. 108 Bristol & Plainville Tramway Co., Bristol, Conn............... 29 Bristol Traction Co., Bristol, Tenn..... 2.6... cee eee eee eee ee 295 British Columbia Electric Ry. Co., Ltd., Vancouver, B. C....... 333 Broad Ripple Traction Co., Indianapolis, Ind.................. 74 Broadway Surface R. R. Co., New York City. ................. 174 Broadway & Seventh Avenue R. R. Co., New York City........ 174 Brockton, Bridgewater & Taunton Street Ry. Co., Boston, Mass,*105 Brockton Consolidated Street Ry.. Boston, Mass.............4.. *105 Brockton & East Bridgewater Street Ry. Co., Boston, Mass.*105 Brockton & Plymouth Street Ry. Co., Brockton, Mass.......... 108 Bronx Traction Co. (The), New York City..............0..0.00, 179 Brooklyn, Bath & West End R. R. Co., New York City......... *187 Brooklyn City & Newtown R. R. Co., New York City.......... *189 Brooklyn City R. R. Co. (The), New York City..............0. 186 Brooklyn Heights R. R. Co., (The), New York City............. 186 Brooklyn, Queens County & Suburban R. R. Co., New York City. 187 Brooklyn Rapid Transit Co., New York City................0.. 184 Brooklyn Union Elevated R. R. Co., New York City............ *188 Brownsville Avenue Street Ry. Co., Pittsburg, Pa ............. *294 Brunswick Traction Co., Newark, N. J... 2s. cece eee eee eee *152 Brunswick & Yarmouth Street Railway, Brunswick, Me......... 93 Bryan & College Interurban Ry. Co., Byran, Tex............... 303 Bucks County Electric Ry. Co., Newtown, Pa.................. *261 Bucks County (nterurban Ry. Co., Newtown, Pa............... 201 Buffalo, Bellevue & Lancaster Ry. Co., Buffalo, N. Y........... *160 Buffalo & Depew Ry. Co., Buffalo, N. Yi... .. eee eee eee eee 162 Buffalo & Lackawanna Traction Co., Buffalo, N. Y............. 162 Buffalo & Lake Erie Traction Co., Buffalo, N. Y................ 161 Buffalo & Lockport Ry., Buffalo, N. Y.................00 0c, *160 Buffalo, Lockport & Rochester Ry. Co., Rochester, N. Y........ 202 Buffalo & Niagara Falls Electric Ry., Buffalo, N. Y.............*160 Buffalo: Ry; Cox, Buffalo, Niu Yes cecees aera ta vee aun outa *160 Buffalo Southern Ry. Co., Buffalo, N. V........ ccc eee eee cea ee r6r Buffalo Traction Co., Buffalo, N. Y...... eee ee eee eae *160 Buffalo & Williamsville Electric Ry. Co., Williamsville, N. Y.... 207 Burlingame Electric Ry. Co., Burlingame, Cal.................. LE Burlington County Transit Co., Mount Holly, N. J............. 149 Burlington Electric Light & Power Co., Newark, N. J... ...... *ISr Burlington Railway & Light Co., Burlington, Ia....... ........ 80 Burlington Traction Co., Burlington, Vt...............ecc ese 312 Bush Terminal R. R. Co., New York City................0 0000 190 Butler Passenger Ry. Co., Butler, Pa......-.. 0... cc ce eee eee eee 248 Butte: Electric Ry..Co., Butte, Mont.d jescecscey ages oor ca v5 h4 140 Cc CairorCity Gas -CoscCairds Tle tic adsiace ogsveomsiannautecaetts elena cwenmais *45 Cairo Electrie:& Traction: Co. Cairoy Wy se ccnaataa yen ders gern *45 Gairo Railway 6 Light Gow, Cairo, Hessians tense a 4a ees sca dics *44 Gairo: Ry. & Light System), Cairo, Mls. esse east edie acids aiarmecouone's 44 Cairo & St; Louis: Ry: Co... Cairoy Wes wisn dei ee ne ecb o-e ss eas 45 Calis: Street: Ry. Calais, Me.) souea ta eet nccnkn k bied ood DHS 94 Caldwell Traction Co., Ltd., Caldwell, Idaho.................- 44 Calgary Municipal Ry., Calgary, Alta., Can. ........ 0c ee eee 332 California Central Gas & Electric Co., San Francisco, Cal....... ¥g9 California Gas & Electric Corporation, San Francisco, Cal....... *22 California Midland R. R. Co., San Francisco, Cal.............- 19 California Pacific Ry. Co., Los Angeles, Cal...........-..2 0000s *14 California Railway & Power Co., San Francisco, Cal............ 20 California Street Cable R. R. Co., San Francisco, Cal........... 24 Calumet & South Chicago Ry., Chicago, Ill....... hgideaaharbgecea ners 51 Camden, Gloucester & Woodbury Ry. Co., Newark, N. J....... 153 Camden Horse R. R. Co., Newark, N. J... .. cece eee eee 153 Camden Inter-State Ry. Co., Huntington, W. Va.......... «++. %323 Camden & Suburban Ry. Co., Newark, N. J..... ees eee eee eee 153 Canadian Electric Light Co., Quebec, Que............e eee eneee %343 Canadian Light & Power Co., Montreal, Que..... .........005. *342 Canal & Claiborne R. R. Co., New Orleans, La............0000+ *g2 Canandaigua Electric Light & R. R. Co., Rochester, N. Y....... *201 Canarsie R. R. Co., New York City... 2... cece cee cece eee eee *188 Canton-Akron Consolidated Ry., Akron, O....... 0.00 eee eee *Orr Canton-Akron Ry; Co.; Akron, Oxscogscs vasagi an te peeetewe ss é Forr Canton-Massillon Electric Ry. Co., Akron, O............00006. "211 Canton-New Philadelphia Ry. Co., Akron, O..............005 *211 Cape Breton Electric Co., Ltd., Sydney, N. S......... eee ee eee 335 Cape Girardeau~Jackson Interurban Ry. Co., Cape Girardeau, NG secede tuvsiiee apa ees cea ysen bas ws ee gre ameigtae. Sevan s GiaeieNee ey a9 135 Cape May, Delaware Bay & Sewell’s Point R. R. Co., Cape May rts ANG lees 4. deaciesnraleaietencnarcep annals Sohbet dccegehenia byeutha. Sescorauzauosaeners 148 Capital Electric Light, Motor & Gas Co., Boise City, Idaho..... *43 Capitol Car Line, Bismark, N. D....... cece cee ee tees 210 Capital Traction Co., Washington, D. C........ cc cece eee eens 36 Capitol Ry. (The), Albany, Ni Yeswscas wewiseane es aeae daw 4 ace 156 Carbon Transit Co., Mauch Chunk, Pa.......... .eeeeeeeeeeeee 260 Carbondale Ry. Co., Scranton, Pa... i... cece eee ete eee eens *284 Carbondale Traction Co., Scranton, Pa............. cece ee eeees *284 Carlisle & Mechanicsburg Street Ry. Co., Lemoyne, Pa.......... 259 Carlisle & Mt. Holly Ry., Carlisle, Pa... .... eee cee cee ee #248 Carolina Power & Light Co., Raleigh, N. C:.............0 0000. 208 Carolina Traction Co., Rock Hill, S. C..........c cece eee eee 294 Cass Avenue & Fair Grounds Ry. Co., St. Louis, Mo............ *138 Cassville & Western Ry. Co., Cassville, Mo........... 0000000 135 Catharine & Bainbridge Streets Ry. Co. of the City of Philadel- phia, Philadelphia. (Ras wnmesecnus sudenaies cas eee saisereeaens 265 Catskill Traction Co., Catskill, N. Y..... 0... cece cc cece cece eee 162 Cayadutta Electric R. R. Co., Gloversville, N. V..............- *165 Cayuga Lake Electric Ry. Co., Ithaca, N. Y..... MEsAe Sate aus *167 Cedar Rapids & Iowa City Ry. & Light Co., Cedar Rapids, Ia... *80 Cedar Rapids & Marion City Ry. Co., Cedar Rapids, Ia......... 80 Centennial Passenger Ry. Co. (The), Philadelphia, Pa......... 265 Centerville Light & Traction Co., Centerville, Ia............... 81 Central Arkansas Ry, & Light Corporation, Hot Springs, Ark... 8 Central Calitornia Electric Co., San Francisco, Cal.............. *20 Central California Traction Co., Stockton, Cal................. 25 Central Crosstown R. R. Co. (The), New York City........ 0... 175 Central Electric Ry. Co., Kansas City, Mo.......0....... 0000. *137 Central Electric Ry. Co., Sacramento, Cal..........cceeceeeeees ¥I8 Central Illinois Light Co.. Rockford, Ill..............00ce000e. *66 Central Illinois Public Service Co., Mattoon, Ill................ 63 Central Indiana Lighting Co., Columbus, Ind.................. 70 Central Market Street Ry. Co., Columbus, O................... *223 Central Mississippi Valley Electric Properties, Keokuk, la...... 84 Central Passenger Ry. Co., Atlantic City, N. J............00000, 147 Central Passenger Ry. Co., Pittsburg, Pa....... .............. *276 Central Pennsylvania Traction Co., Harrisburg, Pa............. 254 Central Ry. Co., Baltimore, Md.......... 00... ccceeeeee ee ceee, *g0 Central Ry. Co, Peoria: Th sine 5 csi 2yuleed's one ene due apaucre dees *64 Central Traction Co. (The), Pittsburg, Pa...............00000., 276 Centralia & Central City Traction Co., Centralia, IU..........., 45 Centre & Clearfield Ry. Co., Philipsburg, Pa................... 273 Chambersburg & Gettysburg Electric Ry. Co., Chambersburg, UP Bice slenshan Ac cep bse sees casein bed Sid attest chan vee ae a hes he des 8 Chambersburg, Greencastle & Waynesboro Street Ry. Co., i Waynesboro! Pai csv osgs eed 16UGit< aot nbn bs eonmvsinn aoces, BBB Charleroi & West Side Street Ry. Co., Pittsburg, Pa..........., *277 Charleston City Ry. Co., Charleston, 8. C..................... *2094 Charleston Consolidated Ry.,Gas & Electric Co. Charleston, S.C... 204 Charleston Consolidated Ry. & Lighting Co., Charleston, S.C... 294 Charleston Interurban R. R. Co., Charleston, W. Va....... suns “922: Charleston-Isle of Palms Traction Co., Charleston, S. C......... 294 Charlotte Electric Ry., Charlotte, N.C..... 00 eee 208 Charlottesville & Albemarle Ry. Co., Charlottesville, Va 313 Chatham, Wallaceburg & Lake Erie Ry. Co., Chatham, Ont.,Can. 336 Chattanooga Electric Ry. Co., Chattanooga, Tenn.............. *295 Chattanooga Railways Co., Chattanooga, Tenn............ cee F295 Chattanooga Railway & Light Co., Chattanooga, Tenn.......... 295 Chautauqua Traction Co., Jamestown, N. Y.........0.....0.... 168 Chemung County Gas Co., Elmira, N.Y... 0.000.000.0000... *163 Chester, Darby & Philadelphia Ry. Co., Chester, Pa............ 24 Chester & Delaware Street Ry. Co., Chester, Pa......., os aS Chester & Derry R. R. Association, Chester, N. H............., 143 Chester & Media Electric Ry. Co., Chester, Pa.................. Chester & Philadelphia Ry. Co., Chester, Pa......, Bea Ad ets 24 Chester Street Ry. Co., Chester, Pa oe Chester Traction Co., Chester, Pee ae ee a Chicago, Aurora & DeKalb R. R., Aurora. Ill............. 00. a Chicago, Burlington & Quincy R. R. Co., Deadwood, S. D...... 295 Chicago City & Connecting Rys., Chicago, Ill McGRAW ELECTRIC RAILWAY MANUAL Chicago City Ry. Co., Chicago, Ill... ... ccc eee eee eee eens 51 Chicago & Desplaines Valley Electric Ry. Co., Joliet, Ill........ 62 Chicago Elevated Rys., Chicago, Ill... ..... cc ccc ece ee ee eee ees 54 Chicago, Harvard & Geneva Lake Ry. Co., Walworth, Wis...... 331 Chicago Heights Street Ry. Co., Chicago Heights, Il........... 58 Chicago & Interurban Traction Co., Chicago, Lll................ 52 Chicago & Joliet Electric Ry. Co., Joliet, Il............ 2.2 ee eee 61 Chicago, Lake Shore & So. Bend Ry. Co., South Bend, Ind...... 78 Chicago & Milwaukee Electric R. R. Co., Chicago, Ill.......... 52 Chicago & Milwaukee Electric Ry. Co., Chicago, Ill............ *53 Chicago-New York Electric Air Line R. R. Co., Chicago, Ill. 53 Chicago & Oak Park Elevated R. R. Co., Chicago, Ill........... 56 Chicago & Oak Park Elevated Ry. Co., Chicago, Ill............ 56 Chicago, Ottawa & Peoria Ry. Co., Ottawa, Ill................. 64 Chicago Railways Co., Chicago, Il. ..... eee ee eee eee 49 Chicago, South Bend & Northern Indiana Ry. Co., South Bend, Vind och i epatiateneven oe 58'S A ye oe aes arane eee dere lua cueyaiten 77 Chicago Surface Lines, Chicago, Ill. ........ 0.0 cee cece eee 49 Chicago Tunnel Co., Chicago, Ill. ...... 0... cece eee ene ee 53 Chicago Utilities Co., Chicago, Il....... 0... cee eee ee 53 Chicago & West Towns Ry. Co., Chicago, Ill............ 0.0... 52 Chickasha Street Ry. Co., Chickasha, Okla...............-.... 239 Chillicothe Electric Ry., Light & Power Co., Chillicothe, O...... 212 Chippewa Valley Ry., Lt. & Pwr. Co. (The), Eau Claire, Wis..... 326 Choctaw Ry. & Lighting Co., McAlester. Okla................. + 239 Christiana & Coatesville Street Ry. Co., Coatesville, Pa......... 250 Christopher & Tenth Street R. R. Co. (The), New York City.... 175 Cheyenne Electric Ry. Co., Cheyenne, Wyo....... Siena eta 332 Cicero: Gas’ Co... Chicago, Mess. cee anaes asian easegide van acesna gem *58 Cincinnati & Columbus Traction Co., Cincinnati, O............. 213 Cincinnati, Dayton & Toledo Traction Co., Cincinnati, O....... 216 Cincinnati, Georgetown & Portsmouth R. R. Co., Cincinnati, O... 215 Cincinnati & Hamilton Electric Street Ry. Co., Cincinnati, O....*217 | Cincinnati & Hamilton Traction Co., Cincinnati, O.............. 213 Cincinnati, Lawrenceburg & Aurora Electric Street R. R. Co., Cincinnati, Ono secs salience eps gene eters ter see cae te eee e 214 Cincinnati, Milford & Loveland Traction Co., Cincinnati, O...... 215 Cincinnati, Newport & Covington Light & Traction Co., Coving- ton, Ky, oo. c cece cece tee e nent teen een eee ncnees 88 Cincinnati, Newport & Covington Ry. Co., Covington, Ky....... *88 Cincinnati Street Ry. Co., Cincinnati, O........... ee eee eee ees 293 Cincinnati Traction Co., Cincinnati, O...... 0... e. cece ee eee eee 213 Cities Service Co., New York City....... ccc eee eee eee ee ene 195 Citizens’ Clearfield & Cambria Street Ry. Co., Philadelphia, Pa. 265 Citizens’ East End Street Ry. Co., Philadelphia, Pa............ 265 Citizens Electric Light, Heat & Power Co., Newark, N. J....... *IST Citizens’ Electric Ry.Co., Mansfield, O.......... 0.0 cee eee eee *229 Citizens’ Gas Co., Chicago, Ill... .... eee ce eee *58 Citizens’ Gas & Electric Co., Rockford, Ill..... 0.0... 22. eee ee eee *66 Citizens’ Passenger Ry. Co., Harrisburg, Pa................... *254 Citizens’ Passenger Ry. Co. of Norristown, Norristown, Pa..... 262 Citizens’ Passenger Ry. Co., Philadelphia, Pa.................. 265 Citizens’ Ry. & Light Co., Davenport, Iowa...............-+.-. *82 Citizens’ Street R. R. Co., Indianapolis, Ind.................... *74 Citizens’ Street R. R. Co., Memphis, Tenn. .................... *298 Citizens’ Street Ry. Co., Anderson, Ind.............e eee eee *65 Citizens’ Traction Co. (The), Oil City, Pa....... ce. ee eee eee ee 262 Citizens’ Traction Co., Pittsburg, Pa.......... 6. eee eee eee eee 276 City & Elm Grove R. R. Co., Wheeling, W. Va...............5. *325 City Gas Co., Richmond, isn uie ih cd Rea ORAS ee Waa bee wea 315 City Light & Traction Co., Sedalia, Mo. ......-.....-..--.. 005. 139 City Ry. Co. (The), Dayton, O..... cece eee eee e ec eeee eee cee eens 225 City Ry. Co., Los Angeles; Call cinau vices qacioeveae aie scanee rents *14 City Ry. Co., Wheeling, W. Va pee axe Ewa ES Sale E ER Kee ee 325 City & Suburban Ry. Co., Baltimore, Md.... eee *95 City & Suburban Ry. Co. of Washington, Washington, D. C..... 36 City & Suburban Ry. Co., Brunswick, Ga......... eee ee eee 4 City & Suburban Ry. Co., Portland, ORG. waa deee ered *o42 Civic Service Corporation, Philadelphia, Pa..............-. 0.08, 273 Clairton Street Ry. Co., Clairton, Pa............ 5) cece eee eee 250 Claremont Ry. & Lighting Co., Claremont, N. Pes scsibicae testes Sense 143 Clarksville & Dunbar Cave Ry. Co., Clarksville, Tenn........., 296 Cleburne Street Ry., Cleburne, Tex...... .6.. cece eee ese ee vee 303 Cleveland, Berea, Elyria & Oberlin Ry. Co., Cleveland, O...... %222 Cleveland & Chagrin Falls Railway, Cleveland, O...............¥*221 Cleveland & Eastern Traction Co., Cleveland, O................ 220 Cleveland & Elyria Electric R. R. Co., Cleveland, O............ *220 Cleveland, Elyria & Western Ry. Co.. Cleveland, O............ ¥222 Cleveland & Erie Ry. Co., Erie, Pa... sss eee ee cece eee eee 252 Cleveland, Painesville & Ashtabula R. R. Co., Cleveland, O.... 220 Cleveland, Painesville & Eastern R.R. Co., Cleveland,O......... 220 Cleveland Ry. Co., Cleveland, O....... 60.00 o scence eee eee eee 217 Glaveland, Scuithwesiens & Columbus Ry. Co. (The),Cleveland, O. 222 Cleveland & Southwestern Traction Co., Cleveland, O..........*222 Cleveland, Youngstown & Eastern Ry. Co., Cleveland, O. ...... 221 Clinton Street Ry. Co., Clinton, Ja..... eee sie e eee e ence eee ees 81 Coal Belt Electric Ry. Co., Marion, Il..........--.esse cece eee 63 Coast Counties Gas & Electric Co.. Santa Cruz, Cal............. 25 Coast Counties Light & Power Co., Santa Cruz, Cal............. *25 Coeur D'Alene & Spokane Ry. Co., Ltd., Spokane, Wash...... oh 32T Cohoes Railway Co., Cohoes, N.Y... s,s eee eeee ne ee een eee 162 Colfax Springs Railway Co., Colfax, Ia.........+.+- mioniheysanseaee Si6 81 Collegeville Electric Street Ry. Co., Norristown, Pa..........+-. Colorado Springs & Cripple Creek District Ry. Co., Cripple Creek, Col... ccc cece e cee ceees pence cence eee e eee ftteeesees Colorado Springs & Interurban Ry. Co., Colorado Springs, Col.. Colorado Springs Rapid Transit Co., Colorado Springs, Col...... *26 Columbia Gas & Electric Co., Covington, Ky.......+ee0s seers 88 Columbia &Montour Electric Ry. Co., Bloomsburg, Pa......... 247 Columbia Power, Light & Rys. Co., Bloomsburg, Pa....... ..+- 247 Columbia Ry., Gas & Electric Co., Columbia, S. C..........-+4 294 Columbia Ry. Co., Washington, D. C.... 2... 0. cee eee eee *36 Columbus, Buckeye Lake & Newark Traction Co., Newark, O. .*230 Columbus, Delaware & Marion Electric R. R. Co., Columbus, O. 224 Columbus, Delaware & Marion Ry. Co., Columbus, O.........- 223 Columbus Edison Electric Light Co., Columbus, O........----- 223 Columbus Electric Co., Columbus, Ga..........200 0c ee eee eeeee 4I Columbus Electric Co., Columbus, O..........0..00 0000 ee eee #223 Columbus Light, Heat & Power Co. (The), Columbus, O........ 223 Columbus, London & Springfield Ry. Co., Cincinnati, O........ *216 » Columbus, Magnetic Springs & Northern Ry. Co., Magnetic SPTIN BGs Ois Cae esata aececen ye wus dgu seucnete chant apteednemerng ER 229 | Columbus, Marion & Bucyrus Ry. Co., Columbus, O............ 224 Columbus, New Albany & Johnstown Traction Co., Columbus, O. 224 Columbus, Newark & Zanesville Electric Ry. Co., Newark, O... 230 Columbus & Ninth Avenue R. R. Co., New York City.......... *174 Columbus Northern Ry., Power & Equipment Co., Columbus, O. 224 Columbus Power Co, Colomtivsy (a. + ccs sawed sl see eeesdee ees *AT Columbus R. -R. Co., Columbus; Gat cscucieca os chs oceans Gp ears exes *4r Columbus: Ry. Coi, ‘Columbus, Ox :.cccne sees uses ee vedeaseee ce is 223 | Columbus Ry. & Light Co., Columbus, O.............. 02 ee ee eee 223 Columbus Ry., Light & Power Co., Columbus, Miss....... .... 132 Columbus Ry., Power & Light Co. (The), Columbus, O......... 222 | Columbus Street Ry. Co., Columbus, O........... 0000 eee ee eens *223 Columbus, Urbana & Western Ry. Co., Columbus, O..........- 224 Commonwealth Avenue Strect Ry. Co., Newton, Mass.......... F114 Commonwealth Power, Ry. & Light Co., Grand Rapids, Mich... 124 Compton Heights Union Depot & Merchants’ Terminal R.R.Co., St, Wouis, (Mois cites aia et aarde Led beans mow banem wn es *138 Concord, Maynard & Hudson Street Ry. Co., Maynard, Mass... 112 Concord & Montreal R. R., Concord, N. H............. 2000-5 *143 Conestoga Traction Co., Lancaster, Pa........ cc cece eee ee eee 257 Coney Island & Brooklyn R. R. Co. (The), New York City...... 189 Coney Island & Gravesend Ry. Co., New York City............ 188 Connecticut Co. (The), New Haven, Conn...............eeee eee “30 Connecticut Light & Power Co., Bridgeport, Conn............. *29 Connecticut Railway & Lighting Co., Bridgeport, Conn......... 29 Connecticut Valley Street Ry. Co., Greenfield, Mass............ T10 Connellsville Suburban Street Ry. Co., Pittsburg, Pa............ *280 Conshohocken Ry. Co., Norristown, Pa.........cece cece cee eeee 262 | Consolidated Cities Light, Power & Traction Co., New York City*195 Consolidated Electric Light Co. of Maine, Portland, Me.........* 95 Consolidated Light & Ry. Co., Huntington, W. Va............. *393 Consolidated Ry. Co. (The), New Haven, Conn................. 431 | Consolidated Rys., Light & Power Co., Wilmington, N.C...... 210 Consolidated Railway & Power Co., Fayetteville, N. C.. ....... 208 | Consolidated Ry. & Power Co., Salt Lake City, Utah........... SOT, Consolidated Traction Co., Newark, N. J......... cece cee eee ee 152 | Consolidated Traction Co. of Pittsburg, Pittsburg, Pa........... 275 Continental Passenger Ry. Co. (The), Philadelphia, Pa......... 265 Conway Electric Street Ry. Co., Conway, Mass.............0085 109 Coraopolis & Neville Island Bridge Co., Pittsburg, Pa.......... 275 | Corning & Painted Post Street Ry , Corning, N. Y............. 162 Cornwall Street Ry., Light & Power Co., Cornwall, Ontario, Can. 336 Corpus Christi Street & Interurban Ry. Co., Corpus Christi, Tex. 303 Corrigan Consolidated Street Ry. Co., Kansas City, Mo......... *136 | Corry & Columbus Street Ry. Co., Corry, Pa............. 0000.0, 250 Cortland County Traction Co., Cortland, N. Y................0. 162 Cresent City Ry. Co., Riverside, Cal...........0..00 00... 0000. 18 Crosstown Street Ry. Co., of Buffalo, Buffalo, N. Y............ Ifo Crosstown Street Ry. Co., Columbus O............ 0.000 e eee 203 Cumberland County Power & Light Co., Portland, Me.......... 95 Cumberland Electric Ry. Co., Cumberland, Md..............-. IOI Cumberland Ry. Co., Carlisle, Pa........ 00.00. eee es 248 Cumberland Valley Railroad Cu., Chambersburg, Pa............ 248 Cumberland & Westernport Electric Ry. Co., Cumberland, Md.. 101 D Dallas Consolidated Electric Street Ry. Co., Dallas, Tex........ 303 Dallas, Electric Co., Dallas, Tex.......... 0. eee eee cece eae 303 Dallas Electric Corporation, Dallas, Tex............. ccc cece %303 Dallas Standard Traction Co., Dallas, Tex.......... 0.0.0.0... 303 Danbury & Bethel Street Ry. Co., Danbury, Conn............. 930 Danville & Bloomburg Street Ry. Co., Bloomsburg, Pa......... 247 Danville & Eastern Illinois Ry. Co., Danville, Ill............... 59 Danville & Northern R. R. Co, Danville, Ill................... *59 Danville & Southeastern Ry. Co., Danville, Ill....... 2.2.2.2... 59 Danville Street Ry. & Light Co., Danville, Il.......... 00.0.0... 58 Danville Traction & Power Co., Danville, Va.................,. 303 Danville & Sunbury Transit Co., Danville, Pa.................. 250 Danville, Urbana & Champaign Ry. Co., Champaign, Ill....... 47 Darby, Media & Chester Ry. Co., Philadelphia, Pa............, 265 Darby & Yeadon Street Ry. Co., Philadelphia, Pa.............. 265 ‘Dayton, Covington & Piqua Traction Co., Dayton, O........... 226 Dayton, Springfield & Urbana Electric Ry. Co., Cincinnati, O....*216 Dayton, Springfield & Xenia Southern Ry. Co., Dayton, O...... 226 Dayton Street Ry. Co., Dayton, O............. eevee eee ee eee 226 Dayton Traction Co., Cincinnati, O........... 0000 c ccc ee ee eee *orz 20 McGRAW ELECTRIC RAILWAY MANUAL Dayton & Troy Electric Ry. Co., Tippecanoe City, O............ 232 | Electric Light & Ry. Dept. of Anaconda Copper Mining Co., Dayton & Western Traction Co., Dayton, O......... ce cee eens 225 Anaconda, Mont...... pete Leese eee teeters Iy4o Dayton & Xenia Transit Co., Dayton, O. 0.1.02. eee eee eee es *226 | Electric Short Line Ry., Minneapolis, Minn........-.- pete es 132 Decatur Gas. & Electric 'Co., Decatur, [lsicsccaccaiae cee 6 sue hea ¥59 | Electric Traction Co. of Philadelphia ( The), Philadelphia, Pa..... 265 Decatur Ry. & Light Co., Decatur, Ill............. 0.0. cee eee 59 | Electrical Development Co., Toronto, Ont....-..+ see ee reer reese 34! Decatur Traction & Electric Co.. Decatur; Whee cc.c exes neces *59 | Elgin, Aurora & Southern Traction Co., Chicago, Ill............ *56 Dedham & Franklin Street Ry. Co., Westwood, Mass..........- 119 | Elgin & Belvidere Electric Co., Chicago, Ill.........-e-see eee a 53 DeKalb-Sycamore & Interurban Traction Co., Rockford, Ill..... *e6 | Elizabeth, Plainfield & Central Jersey Ry. Co., Newark, N. J... ie Delaware County & Philadelphia Electric Ry.Co., Philadelphia, Pa. 272 | Elizabeth & Raritan River Street Ry. Co., Newark, N. J........."152 Delta Electric Light, Power & Manufact’g Co., Greenville, Miss. 132 | Elizabeth & Trenton R. R. Co., Trenton, Nic oa Macein ae dene canes 153 Denison & Sherman: Ry..Co:,; Dallas, Texcci cnice cscs canta cea *305 | Elkins Electrtc Ry. Co., Elkins, W. Va........ bas sacar faga a aie as 323- Denton: Traction: ‘Co: Denton, Tex aa. ccc os ced aad diaw seq mane 305 | Elmira, Corning & Waverly Ry., Waverly, AN 5s A es extn bles Geetar cca, ak 206 Denver City Tramway: Co.,. Denver; Coliinc.cis eee sence eeoeranese 27 | Elmira & Seneca Lake Traction Co., Elmira, INE Wedhnnantes th-ane ater 163 Denver Consolidated Tramway Co., Denver, Col.............-- *o7 | Elmira Water, Light & R. R. Co., Elmira, N. Y¥......-.. sees eee 163 Denver & Inter-Mountain R. R. Co. (The), Denver, Col......... 28 | El Paso Electric Co., El Paso, Tex... ss. . esses cece te eee ete eens 305 Denver & Interurban R. R. Co., Denver, Col........ 0.2. ce ee eee 28 | El Paso Electric Ry. Co., El Paso, Tex. ss... eee ee cece ee ree eeee 305 Denver & Northwestern Ry. Co., Denver, Col... ..... .. ese eee 26 | El Reno Interurban Ry. Co., Oklahoma City, Olas « rnccmcuis gern oc *240 Denver & South Platte Ry. Co., Denver Col.................-- 28 | Elyria & Oberlin Electric Ry. Co., Cleveland, O.......+.+.-. *222 Denver Tramway Power Co. (The), Denver, Col..............-. 27 | Elyria, Grafton & Southern Ry. Co., Cleveland, Oss ca. akwege us 222 Denver Tramway Terminals Co., Denver, Col...............05- 27 | Emigration Canyon R. R. Co., Salt Lake City, Utah............ 212 Des Moines Electric Co., Champaign, Ill...................0055 *45 | Empire Passenger Ry. Co., Philadelphia, Pa......-...s..eeeees 265 Des Moines City Ry. Co., Des Moines, Ia... 0.0... ee cee eee 82 | Empire United Railways, Inc., Rochester, N. Y.......-----40-- 201 Des Moines Ry. & Light Co., Champaign, Il]................-. *45 | Emporia Ry. & Light Co., Emporia, Kan...........--...0-e eee 86 Des Moines Street R. R. Co., Des Moines, la............. 00-5 *82 | Enid City Ry. Co.(fhe) Enid, Okla....... ee. ee cece eee eee eee 239 Des Moines Suburban Ry. Co., Des Moines, Ia............--045 *82 | Ensley Street Ry. Co., Ensley Ala........ ese cece eee ne eee 5 Detroit; Electric Ry. Co., Detroit, Mich cscconcccaeatah sueenioas *y21 | Ephrata & Adamstown Ry. Co., Ephrata, Pa............-..-5. 252 Detroit & Flint Co,, Detroit, Mich... «sows nad oes ein weannanen ee *yo% | Trie Electnie Motor Co, Buffalo, No Vicon tka oe end OO ewe daaes F161 Detroit, Ft. Wayne & Belle Isle Ry. Co., Detroit, Mich.......... *i9t | Evie Electric Motor Co., Erie, Pains noc nence vase ees oe Sh Suesoaeediecd 252 Detroit, Jackson & Chicago Ry., Detroit, Mich......... stdcapcatnneckds 123 | Erie R. R. Co. (Rochester Electric Division), Rochester, N. Y... 202 Detroit & Lake St. Clair Ry. Co., Detroit, Mich................ *123 | Erie Traction Co., Meadville, Pac... .... cee eee cee eee eee 28260 Detroit, Monroe & Toledo Short Line Ry. Co., Monroe, Mich... 128 | Escanaba Traction Co., Escanaba, Mich..........0eeeeeeeeeeaee 124 Detroit & Northwestern Ry Co., Detroit, Mich .........-...... *r21 | Essex & Hudson Gas Co., Newark, N. J... .. ee cee ee eee eee eee *150 Detroit & Pontiac Ry. Co., Detroit, Mich.......................*%221 | Eureka Traction Co., Eureka Springs, Ark........-....-.000005 8 Detroit & Port Huron Shore Line Ry. Co.. Detroit, Mich........ 123 | Evanston Ry. ‘Co., Evanston; [jcc sig. .ncssr eave cus aeaeanees 60 Detroit: Rys:Co.,. Detroit. Michi: o.2. 4 e03 s sae yeni kag waa nee sane *r2ar | Evansville & Eastern Electric Ry., Evansville, Ind.............. 71 Detroit River Tunnel Co., Derren, MICH 24.0144 mena dene eR eens s 123 | Evansville Electric Ry. Co., Evansville, Ind................008. *71 Detroit, Rochester, Romeo & Lake Orion R. R. Co., Detroit, Mich.*121 | Evansville Gas & Electric Light Co., Evansville, Ind.......... » Mayr Detroit Terminal & Tunnel Co., Detroit, Mich................. *123 | Evansville, Henderson & Owensboro Ry. Co., Evansville, Ind.. 71 Detroit United Ry., Detroit, Mich............ 0. .00e cee eeeeeee 121] Evansville Light Co., Rockford, Il............. 2.0.0 eee eee *66 Detroit, Ypsilanti & Ann Arbor Ry., Detroit, Mich.............. *12 Evansville & Mt. Vernon Electric Ry., Evansville, Ind.......... 71 Detroit, Ypsilanti, Ann Arbor & Jackson Ry. Co., Detroit, Mich.*1r23 | Evansville & Princeton Traction Co., Evansville, Ind .......... E71 Dighton, Somerset & Swansea Street Ry. Co., Boston, Mass..... *to5 | Evansville Railways Co., Evansville, Ind..................0005 71 Doherty Operating Co., New York City ............-...0. 000s 196 | Evansville & Southern Indiana Traction Co., Evansville, Ind.... *71 Dominion Power & Transmission Co., Hamilton, Ont., Can..... 337 | Evansville Suburban & Newburg Ry. Co.. Evansville, Ind...... qt Douglas Traction & Light Co., Douglas, Ariz............0-.0 0 7 | Evansville Terminal Ry. Co., Evansville, Ind.......... ........ 71 Dover Gas Light Co., Brattleboro, Vt.......0 0-0. cece nee *312 | Everett Ry. & Electric Co., Everett, Wash...............-.008- *318 Dover, Somersworth & Rochester Street Ry. Co., Dover, N. H... 144 | Everett Ry., Light & Water Co., Everett, Wash .. ............. S17 Doylestown & Willow Grove R. R. Co., Doylestown, Pa......... 250 | Everett Water Co., Everett, Wash.... 00.0 1... ec eec eee eee *318 Dry Dock, East Broadway & Battery R. R. Co., New York City... 178 | Exeter, Hampton & Amesbury Street Ry. Co., Exeter, N. H.... 15 Du Bois Electric & Traction Co., Du Bois, Pa.............00 00 251 Du Bois Traction Co., Du Bois, Pa ...... cee eee eee cee eee *251 Duluth Street Ry. Co., Duluth, Minn........... eee ee eee eee 130 Duluth-Superior Traction Co., Duluth, Minn. ..............0ee 129 | Dunkirk & Fredonia R. R. Co., Buffalo, N. Y......... 0. ee eee *r6r | F Duquesne Traction Co. (The), Pittsburg, Pa..............00000 276 | Disnaiago Ty. 6e Beat Ooi Pre N BO Cols evernien tes Bares Fairburn & Atlanta Ry. & Electric Co., Fairburn, Ga........... 42 Fairchance & Smithfield Traction Co., Uniontown, Pa........... 287 Fairfield & Shawmut Railway, Fairfield, Me...............0.005 94 Farmingham, Southborough & Marlborough Street Ry Co., E Boston, Mass......... ware Be athe eve os it Abia Na ita ais *108 Fairmont & Clarksburg Traction Co., Fairmont, W. Va..........*323 ; Fairmount Park & Haddington Passenger Ry. Co., Phila., Pa.. 265 East End Passenger Ry. Co., Williamsport, Pa................. 290 | Fairmount Park Transportation Co.. Philadelphia, Pa.......... 270 Eastern New York R. R. Co., Ballston Spa, N. Y.............. 157 | Fargo & Moorhead Street Ry. Co., Fargo, N.D................ 210 Eastern Pennsylvania Rys. Co., Pottsville, Pa................4. 281 | Federal Light & Traction Co., New York City........ sila sigs on ROD Eastern Power & Light Corporation, New York, N.Y........... 191 | Federal Street & Pleasant Valley Passenger Ry. Co., Pittsburg, Eastern Texas Electric Co., Beaumont, Tex...............0004. 302 Pee wip nic bee 8 27a ace ack caearian dh io Ch te lyse aha la aaa emnseetearonaee see sa helon 277 Eastern Wisconsin Ry. & Light Co., Fond du Lac, Wis......... 327 | Ferries & Cliff House Ry. Co., San Francisco, Cal.............. *or East Jersey Street Ry. Co., Newark, N. J...... ss eee eee eee eee *152 | Findlay Street Ry. Co., Toledo, O.......... ec cee cece ence e eee *235 East Liverpool Ry. Co., East Liverpool, O.............. 0000s *027 | Fishkill Electric Ry. Co., Fishkill-On-Hudson, N. Y........ ... 164 East Liverpool Traction & Light Co. (The), East Liverpool, O.. 227] Fitchburg & Leominster Street Ry. Co., Fitchburg, Mass. ...... 110 East McKeesport Street Ry. Co., Pittsburg, Pa..............04. 277 |, Five Mile Beach Electric Ry. Co., Wildwood, N. J.............. 155 East Newark Gas Light Co., Newark, N. J.......--0eeee eee eee *150 | Flushing & College Point Ry. Co., New York City.............. *180 East Reiding Electric Ry. Co., Reading, Pa... ..........ceeeeee 283 | Fonda. Johnstown & Gloversville R. R. Co., Gloversville, N. Y. 165, East St. Louis, Columbia & Waterloo Ry., East St. Louis, Ill... 59 | Fond du Lac Street Ry. & Light Co., Fond du Lac, Wis....... 3 ga9 East St. Louis Light & Power Co., East St. Louis, Il........... *60 | Forest Grove Transportation Co., Forest Grove, Ore............ 242 East St. Louis Ry. Co., East St. Louis, Il] ............... 02000. *59 | Fort Dodge, Des Moines & Southern R. R., Fort Dodge, la...... 83 East St. Louis & Suburban Co. (The), East St. Louis, I]l........ 59 | Fort Dodge Street Ry. Co., Fort Dudge, Ia..........0......., *83 East St. Louis & Suburban Co. (of New Jersey), East St. Louis, Ill. *60 | Fort George & Eleventh Avenue Ry. Co., New York Cityecins acy 176 East St. Louis & Sub. Ry. Co., East St. Louis, Il.............. *59 | Fort Madison Street Ry. Co., Fort Madison, la................. 84 East Taunton Street Rv. Co., Taunton, Mass............ ..-. 118] Fort Pitt Traction Co., Pittsburg, Pa.......... 0. cece eee cece ee *276 Easton Consolidated Electric Co.. Easton, Pa............5-..+.. 251 | Fort Scott Gas & Electric Co., Fort Scott, Kan............00..... 86 Easton Palmer & Bethlehem Street Ry. Co., Easton Pa. ......*251 | Fort Scott & Nevada Light, Heat, Water & Power Co., Nevada, Mo. 138 Easton & South Bethlehem Transit Co., Easton, Pa............. *251 | Fort Smith Light & Traction Co., Fort Smith, Ark............. = 38 Basten. Transiti€ os. Easton; Paiva iiss Goa vace tee iat sevens tre anocdamesiaeeity 251 | Fort Smith-Oklahoma | ight & Traction Co., Fort Smith, Ark... 8 East Shore & Suburban Ry. Co., Oakland. Cal. ............005. *r7 | Fort Wayne, Bluffton & Marion Traction Co., Ft. Wayne, Ind... 73 East Side Electric Ry. Co., Kansas City, Mo............e ee eens *137 | Fort Wayne & Northern Indiana Traction Co., Fort Wayne, Ind. 72 East Siie Traction Co., Svraciee, Ni V¥snsiiescndws dokw tem 204 | Fort Wayne & Northwestern Ry. Co., Kendallville, Ind......... 76 Economy Light & Power Co., Chicago, Il......... 6. cee eee *58 | Fort Wayne Power Co., Fort Wayne, Ind..............0..0.... 72 Edison Electric Co., New Orleans, La. ....... 0... cc eee eee eens ¥*g2 | Fort Wayne & Springfield Ry. Co. (The), Decatur, Ind.......... 70 Edison Electric Illuminating Co. of Ashland (Pa.), Pottsville, Pa.*282 | Fort Wayne Traction Co., Fort Wayne, Ind.................... *72 Edison Light & Power Co., San Francisco. Cal................. *22 | Fort Wayne, Van Wert & Lima Trac. Co. (The), Fort Wayne,Ind. 73 Edmonton Radial Ry. (Munic.), Edmonton, Alta., Canada...... 332 | Fort Wayne & Wabash Valley Traction Co., Fort Wayne, Ind... *70 Eighth Avenue R. R. Co., New York City...........-.:5++-++.. 175 | Fort William Electric Ry., Fort William, Ontario, Can..... .... 336 Electric Bond & Share Co., New York City.............-..004- 184 | Fort Worth Southern Traction Co., Fort Worth, Tex.......... 307 Electric Investment Corporation, New York City............... 194 | Forty-second Street & Grand Street Ferry R. R. Co., New York. McGRAW ELECTRIC RAILWAY MANUAL 21 Forty-second Street, Manhattanville & St. Nicholas Avenue Ry. Greenwich Tramway Co., New Haven, Conn..............0+0.- *32 . Co, (The), New York Gib rents a3. set ade aun aa eeate greene Neng es 178 | Groton & Stonington Street Ry. Co., Groton, Conn............. 30 Fostoria & Fremont Ry. Co., Fremont, O............ccce eee ees 228 | Guelph Radial Ry. Co. (Ltd.), Guelph, Ont..............0....06. 337 Fox River Valley Gas & Electric Co., Appleton, Wis............ 326 | Gulfport & Mississippi Coast Traction Co., ay em Oey? Miss...... 132 Bronblosd © Southwark Philadelphia City Passenger Ry. Co., | Guthrie Ry. Co. (The), Guthrie, Okla.. 239 place) phias. Pais sccosecerecsus waists a 3:9'8is sar suerssaueisiehecie settee eesete bass 265 | Frankford, Tacony & Holmesburg Street Ry. Co., Philadelphia, PAs eiieceiartet etc, tase wes sk sa tie canastpnnedalalevinoitersyntel ab etaesnahncr a etanwane weevonsten 272 Frederick Gas & Electric Co., Hagerstown, Md ............... *102 il Frederick & Hagerstown Power Co., Hagerstown, Md.......... *to2 * ei Smee Railroad Frederick, Miiasts Toya aces Hagerstown & Boonsboro Ry. Co., Hagerstown, Md............*102 y Prederick, Miss sc cicccraiaainanheud dave eee ee 102 : < Hagerstown & Frederick Ry. Co., Hagerstown, Md............ 101 Freeport Ry. & Light Co., Freeport, Ill..........e ec cece eee ee 60 H ; Mi * agerstown & Myersville Ry. Co., Hagerstown, Md........... 102 Freeport Ry. Light & Power Co; Freeport; Tlie. ec. cies Hansa SOO Hagerstown & Northern R. R. Co., Hagerstown, Md TOT ies an o iden BE French Lick, Ind............ “s Hagerstown Ry. Co., Hagerstown, Uhh ses te pede ene ee Aine Unde Be *IOI ee eee ee ; : aa - tener raneetees ees : Halifax Electric Tramway Co., Ltd., Halifax, N.S.............. 335 Frostburg, Elkhart © Guniberland Railway, Cumberland, Md. ..*101 Hamburg: Ry: ‘Go.,. Buffalo, (Ni. Vince tieitec es ce nets eee aes oe ee *161 Fulton Street: R. R. Co., New York Cit 16 Hamilton Cataract Power, Light & Traction Co., Hamilton, Ont.*337 NESS ea SHR ESS See ae 7° | Hamilton Electric Light & Cataract Power Co., Hamilton, ‘Ont. -*337 Hamilton, Grimsby & Beamsville Electric Ry. Co., Hamilton, Ont. 337 Hamilton Light & Power Co., Keokuk, la............-.000.005 *8 Hamilton & Lindenwald Electric Transit Co., Cincinnati, O...... *217 CG Hamilton Street Ry. Co., Hamilton, ON tas eee tenet e eee eens 337 Hammond, Whiting & East Chicago Ry., Chicago, Ill.......... 52 Hannibal Ry. & Eleclric Co., Hannibal, Mo..............0 00005 135 Gadsden, Bellevue & Lookout Mountain Ry., Gadsden, Ala..... 6 ue & Cee ay pene ee had Pa........ 253 Gadsden Ry. Co., Gadsden, Ala... . i... cece eee eee eee eee 6 arrisburg City Passenger ky. Co., Harrisburg, Pa............. 254 Gainesville Railway & Power Co., Gainesville, Ga.............. 42 | Harrisburg & Hummelstown Ry. Co., Harrisburg, Pa........... *254 Galesburg Gas & Elec. Light Co., Galesburg, WM leensviigetear svtes a *61r ee - oe ee Becuis ra Co., Lemoyne, Pa.... 259 Galesburg & Kewanee Electric Ry. Co., Kewanee, Ill. ......... 62 ATTISDULE NOU WAYS Ory APATTISDWERS: Foals 3 cease iisveiaieets Sieteasier di see 254 Galesburg Railway & Light Co., Galesburg, Ill.............+-.- 60 | Harrisburg Traction Co., Harrisburg, Pa... .......e ee ee ee ee ees 254 Gallatin Walley ye pena | Mont..... : smchoyaiepa nine’s'2 eins ate 8 t4o | Hartford, Manchester & Rockville Tramway Co., New Haven, e Galt, Preston & Hespeler Street Ry. Co., Ltd., Galt, Ontvces sexe 337 4 noe eee Se ee ee po eee "32 Galveston Electric Co., Galveston, Tex... ...... eee ce ee eee eee 307 artlon pringhe reet Ky. Co., Warehouse Foint, Conn.. 33 Galveston-Houston Electric Co., Galveston, Tex.....-.... +0... 307 | Hartford Street Ry. Co., New Haven, Conn............4.. isons 2 Galveston-Houston Electric Ry. Co., Galveston, Tex.. ... 307 | Hattiesburg Traction Co., Hattiesburg, Miss................ .6- 134 Gard WwW ter & Fi eG Street Ry. Co., Athc i, Mz * Havana Electric Ry. Co., Havana, Cuba 345 ardner, Westminster itchburg Stree Ox, ol, Mass... .*102 Ons 9» SAUD As. 0 a6 acy seen eiehehiedeinlese tease Gary Connecting Rys.-Co., Gee tnd sdebiaaeaey . leceeseceeeeeeeeess #73 | Havana Electric Railway, Light & Power Co., Havana, Cuba.... 344 Gary & Interurban Railroad Co., Gary Inds ieccser sce sa tiaeeegs 73 ee oeore tore & ee Street Ry. Co., Boston, Mass." 105 G & Interurban Ry. Co., Gary, Ind........ cece eee eee eee * azle Par Oey, TAAZICLON , Pais wos wee ee eee See's 4 a ge RS Ue eS 255 Boe, & Southern Trseilon € Co., Crem Point, INGs 1 cssb4 seen fe oe a & oe ao ss pa ett ence erence ees "ae Gas & Electric Co. of Bergen County, Newark, N.J. .*180 enderson Traction Co., Henderson, bebe eee eee: ee Gas Light Co. of the City of New Branswick (The), ‘Newark, Hee Mohawk, Ilion & Frankfort Electric Ry. Co., Utica, | Nia Tisswesaeareiane ore o.c-aiges: siracaeate tonne aiden anaQne-eanava anions abe shia elee ace e 150 Nee nee 39 DLL TTL St tte e eee e ee eee ee ee cee eee ee eee eee 199 Geary Stréet Municipal Ry., San Francisco, Cal........ 2.0.2.0. 1g | Hershey Transit Co., Hershey, Pa............ eee e eee eee eee 255 Geary Street, Park & Ocean R. R. Co., San Francisco, Cal...... 1g | Hestonville, Mantua & Fairmount Passenger Ry. Co., Philadel- General Gas 'w Electric Co. (The), New Vork Citynsennson ee 193 phiay, Pate sc pa ccurentin waa isin saicings 69 boys Whine sinter age pi aeaiadger weatads ais 266 Geneva, Seneca Falls & Auburn R. R., Inc., Geneva, N. Y...... 164 Salone uae geen — Mee ae oe Georgia~Carolina Investment Co., Augusta, Ga...............4. Bir ulcrest Avenue Passenger Ry. Co TAGE PM ay: Pais cee wo se 2 Georgetown & Lexington Traction Co., Lexington, Ky..... «+++. *8g | Hoboken Manufacturers’ R. R. Co., Hoboken, N. J............. 148 Georgetown, Rowley & Ipswich Street Ry. Co., Boston, Mass..... *105 eee a Co. Nelsonville, Oncaea 230 Georgetown & Tennallytown Ry. Co. Washington, De ©. canes *36 olyoke street Ky, CO., TLOLYOKE, MASS... 1... esse eee eee eee IIt Coes Carolina Power Co., Agia, Gi: seaeeese. *4r | Homestead & Mifflin Street Ry. Co., Homestead, Pa. tebe eee eee 255 Georgia Electric Light Co., Atlanta, Gare, ciidssarotspetiinnas ecbdend Saas: alaledaee *40 oo epee Hawaii........ wots Light, Power & Railwa s, Macon, Galati coivhere deed gab 2 oosac Valley Street Ky. Co., rittsheld, Mass................ 117 Caee a & Electric Co., Acais, Ga.. ie Hoosick Falls Electric Co., Brattleboro, Vt.......... 0.0... 0000. *312 Georgia Railway & Power Co., Atlanta, C lanereonn anes: go | Hoosick Falls Illuminating Co., Brattleboro, Vt...... 22.2.0... *312 Germantown Passenger Ry. Co., Philadelphia, Pa.............. 266 Heesicy ee R. Pe a es Hoosick Fa Falls, Nw Webra aa ane ec a Gettysburg Ry. Co., Gettysburg, Pa.... 1.1... see cece e eee eee 253 orne ectric Ry. Co., Horne : I A Ry. Co., Philadelphia, Pa.........cee eee eeeeeee 266 | Hornell Traction Co., Hornell, IN Marcha cea bnddiesice Oe. 685 bas *166 ee Cn. Glen Cove, N. Virett seroctanetne onpaln a Seegeeieres 164 | Hornellsville & Canisteo Ry. Co., Hornell, N. Y.............8,. *166 Glendale & Eagle Rock Ry. Co., Glendale, Cal... ............. 13 | Hot Springs Street Ry. Co., Hot Springs, Ark.................. 10 Glens Falls, Sandy Hill & Ft. Edward Street R. R. Co., Glens eee pe Sa es pa aeeou, Vien ese gealshate *126 FallsiJN 5 Westuecnaede s035.0e ale nse hire enee Beta ec ebee tea tales *164 oughton Lounty fraction Co., roughton, Mich............... 126 Gloucester, Essex & Beverly Street Ry. Co., Boston, Mass.. *1os | Houston Electric Co., Houston, Tex... .... 0.0... cece eee eee 309 Gloucester & Rockport Street Ry. Co., Boston, Mass..........-. *I05 hea Piss St. & Pavonia hes R.R. Co., New York City...*174 Gloversville & Broad Albin R. R. Co., Gloversville, Ne Via ee ccss *165 udson Companies, New York City................ ce. eeeeeee 182 Goffs Falls, Litchfield & Hudson Street Ry., Manchester, N. H..*146 eee rave Ate a e ae ~ q Sys eR DrES SET aps: *150 Grafton Traction Co., Grafton, W. Va........seee sce ee eee ees 323 udson anhattan ew YOrK City....eeee ee eee eee 182 Giand Junction & Grand River Valley Ry. Co. (The), Grand Hudson & Manhattan R. R. Co., New York City............... *182 Junction, Coli s.c4s.c54 amuateenies 65 be yet as eles cismerdcn ES 28 eae eye x Bape ares Co., Ossining, N. Y....... 197 Grand Forks Street Ry. Co., Grand Forks, N.D............006- 210 udson River Lraction Co ewark, N. Wien shacshexsane so oipatangtaneias *153 Grand’ Rapids, Grand Haven & Muskegon Ry. Co., Grand Hudson Valley Ry. Co., Glens Falls, N. Y............00..0..00. 164 Rapids, Mich os csncpicancce te ctdieaen ceereea gaa ani .... 126 | Hull Electric Cc. (The), Hull, Que.. 342 Grand Rapids, Holland & Chicago Ry., Grand Rapids, Mich.... 125 Humboldt Transit Co., Eureka, Caliecce ue aie ne. 11 Grand Rapids, Holland & Lake Michigan Rapid HY Co., Grand Rapids, Michio: c2: vscnsserieie nr aoe ss cae aeghaniw ae assed *125 Grarid Rapids Ry. Co., Grand Rapids, Mich. ..................5 125 Grarid ‘Rapids Street R. R. Co., Grand Rapids, Wis.. 327 Grand Valley Ry. Co., Brantford, OM Aer as oe de bs es eer 336 Granite City Ry. Co., ’St. CloUd, MIN Misie:...45 62 38 Be elgimace enews 132 Gray's Harbor Ry. & Light Co., Aberdeen, Wash.............. 317 Great Falls & Old Dominion R. R Co., Washington, DieCuaenee 38 Great Falls Street Ry. Branch of The Montana Power Co., Great Falls, Mont. ....- ccc cece cece e eee tee tect ee ee ene ees sheAlanade 2 141 Great Northern R. R. (Cascade Tunnel), St. Paul, Minn:....... 132 Greeley & Denver R. R. Co., Greeley, Col... .... ee ee eee eee 28 Green Bay Gas & Electric Co., Green Bay, Wis..........eceeeee 307 Green Bay Light & Power Co., Green Bayi WASE ssp aves aureassensig *307 Green & Coates Streets Philadelphia Passenger Ry. Co., Phila~ .': delphid, Pas. ...- 50+ ee seeese scenes seesesenaseneneesnasass 266 Greenfield, Deerfield & Northampton Street Ry. Cos; Greenfield, * 2 IMPASSE. wo ctheca ved gostaghtbees vein oie a's geatoeaengena cies San erailok Gert ateneontaes 110 Greenfield & Turner’s Falls Street Ry. Co., Greenfield, Mass.. . *IIO Greenville Ry. & Light Co., Greenville, Tex Oe ee re 309 Greenville Traction Co., Greenville, GCs aercossaslat eke iam 294 ; Illinois Valley Ry. Co., Ottawa, Ill Huntington & Charleston R. R. Co., Huntington, W. Va........ *323 Huntington R. R. Co., Huntington, Ne Mec res eo sect 167 Huntington Street Connecting Passenger Ry. Co., Phila., Pa. 266 Huntsville Ry., Light & Power Co., Huntsville, Peas we ecae 6 Hutchinson Interurban R. R. Ce., Hutchinson, Waite.ce.aseigeedeats 86 Hydro-Electric Co. of West Virginia, Pittsburg, Passe cosy tke *280 I Idaho-Oregon Light & Power Co., Boise City, Idaho........... *43 Idaho Railway, Light & Power Co. Boise City, Tdaho's cca acct. 43 Idaho Traction Co., Boise City, Idaho is aap str Wink Blt wee Bee he Aces 43 Illinois Central Electric Ry. Co., Cantons Wee niccecgn cd ceases s 45 Illinois Central Traction Co., Springfield, Wing patare alge jae sxe ene 67 Illinois Light & Traction Co., Streator, Ill.........0.002... 000. 67 Hlinois Northern Utilities Co., Chicago, Il.........0. 000.00... 57 Illinois Traction Co., Champaign, Ill...............00..00 0000, 45 22 McGRAW ELECTRIC RAILWAY MANUAL Indiana, Columbus & Eastern Traction Co. (The), Cincinnati, O. 216 Indiana County Street Railways Co., Indiana, Pa .............. 255 Indiana Northern Traction Co., Anderson, Ind..............00 *69 Indiana. Riy.-Co., South Bend, Inde2s dex nn cee woeeae vsnmae ee eeen 478 Indiana Railways & Light Co., Kokomo, Ind...............0005 76 Indiana Union Traction Co., Anderson, Ind.... .........2..008 *69 Indiana Uiilities Co, Angola. Ui @ics wan crccem coveees Daccteuieeisee 70 Indianapolis & Cincinnati Traction Co., Indianapolis, Ind........ 75 Indianapolis, Columbus & Southern Traction Co., Indianapolis, DG (VAR iad BUCS 2 Cohn 6 See Sake h SV cccwenlontnapepileace neues hee 75 Indianapolis, Crawfordsville & Danville Electric Railway Co., Triana pours x Ear io3.3sictey arsenal ice diav tse, @ donee tei haa es dae Ge tia 75 Indianapolis & Eastern Ry. Co., Indianapolis, Ind.............. *74 Indianapolis & Greenfield Rapid Transit Co., Indianapolis, Ind.. *74 Indianapolis & Louisville Traction Ry. Co., Louisville, Ky.. ... go Indianapolis & Martinsville Rapid Transit Co., Indianapolis, Ind. 74 Daisies New Castle & Eastern Traction Co., New Castle, Deichkind eg Ge eg A Sy ithiattelylboe 77 Indianapolis Northern Traction Co., Anderson, Ind............ *69 Indianapolis & Northwestern Traction Co., Indianapolis, Ind... 75 Indianapolis, Shelbyville & Southeastern Traction Co., Indian- § ADOVIS DM Gis sis: ase as oseiar ain tack ©, 6 ann bi -tye-cce-qncna tie aesa Ssiabetieuas ass Be *75 Indianapolis & Southeast’n Traction Co. (The), Indianapolis, Ind. *75 Indianapolis Street Ry. Co., Indianapolis, Ind..... ........005- 74 Indianapolis Traction & Terminal Co., Indianapolis, Ind ....... 74 Interborough-Metropolitan Co., New York City ..........-..00 I7I Interborough Rapid Transit Co., New York City...........000- 171 International Ry. Co., Buffalo, N. Y.......... cece ener ee eee es 15Q International Traction Co., Buffalo, N. Y...... 2... cece ee eee 159 International Transit Co., Sault Ste. Marie, Ontario, Can....... 340 Interstate Consolidated Street Ry. Co., North Attleboro, Mass... 115 Interstate Light & Power, Boise City, Idaho.................2-. *43 Inter-State Public Service Co., Indianapolis, Ind............... 75 Interstate Railways Co., Philadelphia, Pa...............-0.---- 271 [Interurban Ry. Co., Helena, Arles suisse ed s-agovins cists de avesolers-oibse 8 Interurban Ry. & Terminal Co., Cincinnati, O...............4. 214 [Inter Urban Ry. Co., Des Moines, Ia... 0... eee ee cee eee es 82 lola. Electric RR. iCo. olay. Kanisnass carcie sees aide ee er aementaiems 86 Towax& Illinois Ry. Co., ‘Clinton, Jay scces aanakiesscavecases tans OT Iowa Ry. & Light Co., Cedar Rapids. Ia... ..... 2.0... eee ee 80 Ironwood & Bessemer Ry. & Light Co., Ironwood, Mich.. ..... 127 Trwin-Herainie Traction Ce, Inwin, Pas McGRAW ELECTRIC RAILWAY MANUAL ARKANSAS Carrrat Srock, authorized *1,000,000, issued, $773,200. TRACK AND EQuirMENT.—Miles of track (electric), 10; 5 motorand 3 trail cars, OFFICERS. —Pres. James S. Dougias; V. Pres. L. D. Ricketts; Sec. S. P. Applewhite; Treas. E. R. Pirtle; Mer. R. G. Arthur. Direcrors.—]. S. Douglas, W. H. Brophy, S. W. French, W. M. Adamson, L. D. Ricketts. GENERAL OFFICE AND SHops, Douglas, Ariz. PHOENIX. : Population in 1900, 5,544; in 1910, II, 134. Phoenix Railway Co. of Avizona.—lIncorporated in May, tgtt, and acquired the property of the Phoenix Railway Co., to which a franchise was granted in 1892 for 50 years. CAPITAL Srock authorized, $2,000,000. Fu\pep Depr.—First mortgage 5 p. c. bonds, authorized $1,200,- 000; denom. $1,000. TRACK AND EQuipMENT.—Miles of track (electric), 30; 20 motorcars. Orricers.—Pres. M. H. Sherman, Los Angeles, Cal.: Gen. Mgr. & Pur. Agt. Samuel H. Mitchell, Phoenix, Ariz.:; Mast. Mech. Frank Langston. Direcrors.—M. H. Sherman, E. P. Clark, John D. Pope, H. G. Freaud, G. H. Clark, W. H. Logan, B. E. Roos, H. F. Mackey, M. E. Hammond, A. I. Smith. GENERAL OFFICE AND REPAIR SuHop, Phoenix. PRESCOTT. Population in rgro, 5,092. Prescott & Mt. Union Railway Co. TRACK AND EQUIPMENT.—Miles of track, 2.5; 2 cars. OrFicers.—Pres. & Gen. Mgr. F. L. Wright; Sec. Thos. C. Job. GENERAL OFFicE, Masonic Temple, Prescott, Ariz. TUCSON. Population in 1900, 7,531; in 1910, 13,193. TUCSON RAPID TRANSIT CO.—Successor to the Tucson Street Ry. Chartered and municipal franchise granted in 1897 for 25 years. Connects Tucson with the University and with an amuse- ment park. Annual meeting first Monday in Nov. Controlled by Federal Light & Traction Co., New York, N. Y. TRACK AND EQUIPMENT.—Miles of track (electric) 5; 5 cars. OFrrFIcERS.—Pres. C. C. Chappelle; V. Pres. W. L. McKee; Sec. & Treas. L. C. Gerry; Mgr. Frank E. Russell. GENERAL OFFICE AND REPAIR SHop, Tucson, Ariz. ARKANSAS. ARGENTA. Population in 1gro, 11,138. Argenta Railway Co. TRACK AND EqQuirMENT.—Miles of track, 5; 5 motor cars. OrriceRs.—Pres. James P. Clarke; Sec. Chas. L. Watkins. GENERAL OFFICF, 1004 Southern Trust. Bldg., Little Rock, Ark.; repair shop, Argenta, Ark. EUREKA SPRINGS. Population in 1910, 3,228. Eureka Traction Co.—Chartered in 1910 as successor to the Citizens’ Electric Co Annual meeting in Oct. C\pIraL Srock, paid up, $10,000: par $100. Track AND EQuirMENT.—Miles of track, 4; q motor cars; 1 other car. Orricers.—Pres. F. S. Ackerman; V. Pres., Gen. Mgr. & Pur. Agt. H. I. Seidel; Sec. & Treas. C. L. Gregg; Elec. Engr. W. L. Dry; Mast. Mech. R. McIntyre. Direcrors.—F. S. Ackerman, H. I. Seidel, C. L. Gregg. GENERAL Orrice, Eureka Springs, Ark.; repair shop Auditorium Park, Eureka Springs, Ark. near FORT SMITH. Population in 1900, 11,587; in 1910, 23,975. FORT SMITH LIGHT & TRACTION CO.—Consolidation of the Fort Smith Traction, Light & Power Co., and the Fort Smith & Van Buren Light & TransitCo. Municipal railway and electric fran- chises in Fort Smith granted in 1905 for 50 years, and gas franchise granted in 1903 for 50 years; gas and electric franchises in Van Buren granted in 1907 for 50 years. Operates street railway and furnishes electricity and gas in Fort Smith and Van Buren. An- nual meeting first Monday in Apr. Controlled by H. M. Byllesby & Co., Chicago, Ill. Part of the outstanding securities are owned by the Standard Gas & Electric Co. CAPITAL Srock.—Common, authorized $1,500,000, outstanding $950,000 preferred, 7 p. c. cumulative, authorized $5,000,000, out- standing $1,410,000; redeemable at any time after 3 years from date of issue at 110 and accrued dividends. Divipenps.—Regular quarterly dividends of 13¢ p. v. have been paid on the preferred stock from April 15, 1910, to and including Apr. 15, I9I3; none since. Funpep Dexst.—First mortgage 5 p.c. gold bonds, authorized $6,000,000, outstanding $2,700,000; coupon, registerable as to principal; dated Mar. 1, rg11, due Mar. 1, 1936; denom. $500 and $1,000; int. pay- able Mar. and Sept. in New York, Boston and Chicago; Illinois Trust & Savings Bank, Chicago, trustee. Subject to call as a whole or in part on any interest date at 105 and interest. Sinking fund for pur- chase and cancellation of bonds 1 p. cv. in years I914 and 1915, 1% p.c. 1916-18, 2 p. v. 1919-23, and such amounts thereafter as by July 1, 1935, will make the total sinking fund 4o p. c. of the bonds certified. Oprrarion.—Yearending Dec. 31, —‘IgIT. Igi2. 1913. Gross income... 0... eee eee eee eee eee $550,614 $616,994 $572,959 Operating expenses (including taxes).... 314,055 385,007 372,140 Net INCOME yecaxe tacen ciara es 236,559 231,987 200,819 Intenest: csntwicwewvasis sae woneton ex 136,961 145,090 153,663 Balances: v.isucawas 2 a mets 8 ees 99,598 86,897 47,156 STATISTICS OF TRAFFIC. Year ending Dec. 31, Igil. 1912. 1913. Revenue passengers carried........ Transfer oi MIs « caitSahayres ata a SOOLO00 54ST 32t 51524088 Cae TOES POR. 6 5.do4 cd Gomeod borwevns I,108,301 I 333,668 1,271,237 Average revenue per car mile...... $.17 $.17 $.173 Operating expenses ‘‘ atl .10 -I14 e027 TRACK AND EQuIpMENT.—Miles of track (electric), 27; 43 passen- ger cars, 15 service cars. OrFicers.—Pres. A. S. Huey, Chicago, Ill.; V. Pres. H. M. Byllesby, Chicago, Ill.: 2d V. Pres. F. C. Gordon, Chicago, Ill.; Sec. John Brizzolara; Treas. & Gen. Mgr. H. C. Hoagland; Audr. N. I. Garrison; Supt. Ry. Dept. B. A. Hoag; Supt. Elec. Lt. & Pwr. A. Patterson, FortSmith, Ark.; Engrs & Mgrs. H. M. Byllesby & Co., Chicago, Ill.; Claim Agt. N. P. Johnson; Ch. Engr. of Power Station, L. R. Robertson; Mast. Mech. G. W. Chynoweth; Park & New Business Mgr. R. J. Mack, Fort Smith, Ark. Drrecrors.—H. M. Byllesby, J. S. Cummins, A. S. Huey, R. J. Graf, Chicago, Ill.; G. F. Storms, John Brizzolara, H. C. Hoagland, W. A. Brent, J. A. Brake, W. J. Parker, Ft. Smith, Ark. GENERAL OFFICE, POWER STATION AND RETAIR SHOP, Fort Smith. Fort Smith-Oklahoma Light & Traction Co.—Incorporated in Arkansas, and, connects Fort Smith and Arkoma, Okla. Carirat Stock, authorized and outstanding, $300,000. TRACK AND EQuIpMENT.—Miles of track, 1.21; I car. Orricers.—Pres. & Gen. Mgr. W. J. Parker; V. Pres. jJ. A. Brake; Sec. F. H. Fennessy; Treas. Geo. Sengel, Jr. GENERAL OFFICE, 23 North Sixth St., Fort Smith, Ark. HELENA. Population in rgto, 8,772. Interurban Railway Co.—Connects Helena and West Helena. Owns Beech Crest Park, West Helena. TRACK AND EQuipMEN?T.—Miles of track, 5.2;18 motor and 16 other cars. Orricers.—Pres. E. C. Hornor; Sec. & Treas. J. S. Hornor; Supt. R. L. Hope, Jr.; Mast. Mech. L. Hertz. GENERAL OrrFice, Helena, Ark.; repair shop, West Helena, Ark. HOT SPRINGS. Population in 1910, 14 431. CENTRAL ARKANSAS RAILWAY & LIGHT CORPORA- TION.—Incorporated in Virginia and acquired the electric railway, electric light and power, gas and water utilities in Hot Springs, Ark., and vicinity. Electric railway franchise is unlimited in time and, as to streets occupied, is exclusive until 1954; electric light and power franchise extends to 1933; artificial gas franchise is unlimited in time; natural gas franchise extends to 1931. Controlled by Federal Light & Traction Co, through ownership of all the common stock. CarIraL Stock.—Common, authorized $7,000,000, outstanding $2,500,000; preferred stock, 7 p. c. cumulative dividends guaranteed by Federal Light & Traction Co., authorized $3,500,000, outstanding $1,200,000; additional preferred stock can be issued only when the annual net earnings, after payment of bond interest, are 14 times the preferred dividend charge, including the preferred stock to beissued; preferred stock is without voting power unless two of its quarterly dividends are in default, in which case it will have the entire voting control; except for the first lien bonds, no mortgage or collateral issue and no obligations extending over 18 months shall be created. McGRAW ELECTRIC RAILWAY MANUAL ARKANSAS “neo obe aay Oe ke oda otwog “SVSNVMUY ‘HOOY BILL ‘09 9199/9 pue Remyteyy 4904 att] AHL Ad Q3LvVu3ad0 ONY G3INMO S3NIT ONIMOHS dvVW é ey ° o = % ° » NOVA THIUNO 10 McGRAW ELECTRIC RAILWAY MANUAL ARKANSAS Funpep Desr.—First lien 5 p. c. gold bonds, due 1528, author- STATISTICS OF TRAFFIC. ized $7,000,000, outstanding $2,000,000; additional bonds may be Year ending Dec. 31, IgIt. 1912. 1913. a fon buf, et dag aaa sina aud Lae ang Fare passengers carried........+.- 10,606,204 10,985,874 14,092,908 - a eee ca, are double. the woterest charges, ne Mame te) transfer! BOs ee thaaaigentnals 1,622,765 1,479,364 Oe re norm re Su Ga Car miles run (passenger)......... ee ie Tr = i C Car hours (passenger)..........-. 230,12 226,474 " SEER ION: Year ending Dec. 31, IgIt. IgI2. 1913. Hee ageas cous ped Carma 3.2077 $.2942 ross earnings ........... gisobeat ceetea $418.567 $476,249 $503,952 Operating expenses per car mile... "1633 “1897 Operating expenses............ 000085 247,203 264,792 316,462 ¥ 4 ae em BALANCE SHEEY.—Dated Dec. 31, 1913... Net €atNiN Ss 2.4 ¢conegasetaa teas 171,364 211,457 *147,490 ASSETS. LIABILITIES. *Decrease in net earnings due to losses by fire. Cost of road & equip. .$5,598,460 Capital stock haealay aicioe $2,250,000 IAS Uicnwnncance Ninncee 32,888 Accrued interest&taxes 112,739 OrFicers.—Pres. C. C. Chappelle, New York City; V. Pres. | Bills&accts.rec’ble,etc. 160,172 “ damages...... 10,073 Karl Behr; Sec. & Treas. Louis C. Gerry, New York. Material and supplies . 50,426 Reserves.........-- 20,701 Prepaid accounts...... 14.256 Accounts payable...... 39,680 : Other assetsvx sues aces 140,868 Other liabilities....... 3,163,660 HOT SPRINGS STREET RAILWAY CO.—Controlled by Cen- Piofland lopstenmelas) geet tral Arkansas Railway & Light Corporation, which in turn is con- re trolled by the Federal Light & Traction Co. Potala eeat and $5,997,070 POUAl svc cos Saas $55,997,070 TRACK AND EQuipMENT.—Miles of track, 13.8; 32 motor and 2 other cars. - Orricers.—Pres. C. C. Chappelle, 60 Broadway, New York, N. Y.; Sec. & Treas. H. J. Lehman; Gen. Mgr. S. E. Dillon, Hot Springs, Ark.; Pur. Agt. Lee Skipwith; Ch. Engr. W. A. Haller, New York City. GENERAL OFFICE, 338 Malvern Ave.; repair shop, 737 Park Ave., Hot Springs, Ark. LITTLE ROCK. Population in 1900, 38,307; in I9I0, 45,941. LITTLE ROCK RAILWAY & ELECTRIC CO.—Incorporated in Arkansas Mar. 17, 1903. Charter and municipal franchise for rail- way granted in Igor for 50 years; lighting franchise, perpetual. Con- solidation of the Little Kock Traction & Electric Co. and the Little Rock Edison Electric Light & Power Co. The American Cities Co. owns a majority of the common and preferred stock. The American Cities Co. is controlled, through ownership of common stock, by the United Gas & Electric Corporation. Annual meeting second Friday after the first Sunday in Feb. CaPITAL StockK—Common, authorized and outstanding, $1,500,- ooo; preferred, 6 p.c. cumulative, authorized and outstanding, $750,000; par $100. Preferred is redeemable at 110 and dividends. DivipENDs.—On preferred stock 6 p.c. is paid regularly. On common, in 1906, 2 p. c.; in 1907, 4 p. c.; in 1908, 4% p. v.; in 1909, 8 p. c. was paid; in 1910, 8 p. c.; in IgiI, 10 p. c. regular and 10 p.c. extra; im Ig12, 10 p. c.; in 1913, 10 p.c.; in 1914, Jan., 5 p.c. FunneD DeEst.—First mortgage 5 p.v. gold bonds, authorized and outstanding, $2,000,000; dated Apr. 1, 1903, due Apr. I, 1933; denom. $1,000; coupon, but may be registered as to principal; int. payable Apr. and Oct. at Commercial-Germania Trust & Savings Bank, New Orleans, La., trustee, or at company’s agency in New York. Subject to call on 60 days’ notice on or after Apr. 1, 1908, at 107% and interest. Sinking fund of % p.c. per annum of outstand- ing bonds 1908 to 1917, and I p. c. thereafter. Refunding and extension mortgage gold bonds, authorized, $5,000,000, outstanding, $1,155,000 (6 p.c.); reserved to retire first mortgage bonds, $2,000,000; the balance for extensions, etc., at 80 p.c. of cost, if net earnings for 12 months previous are twice the annual in- terest charges on bonds outstanding and those to be issued, provided io p c. of the gross receipts for the same period has been expended for maintenance; dated Apr. 1, 1908, due Apr. 1, 1938; denom. $500 and $1,000; coupon, but may be registered as to principal; int. payable Apr. and Oct. at Bank of Commerce & Trust Co., Memphis, Tenn., or at company’s agency in New York. Sinking fund of % p.c. per annum of bonds outstanding began Aug. 1, 1913. Future install- ments of bonds issued shall bear such rate of interest, not exceeding 6 p.c., as the directors shall determine. OpERATION.—Year ending Dec. 31, TQII. 1912. 1913. Gross revenue from passengers.........$544,317 $541,087 “ oe light and power.... 318,908 322,594 * e all other sources... 5,050 10,846 Total gross revenue... ..... 0. eee ee eae 868,875 874,527 $894,460 (eWeral EXPOSES. oon os non nawwnen « 103.234 95,171 Operation: of: Cars)... saicadletona “ances 9 TI9,610 = 121,523 Operation of power plant........... 80,339 75,942 Maintenance of way and structures. 30,304 27,624 ie ‘* equipment......... 74,063 96,506 Total operating expenses................ 407,550 416,766 $511,673 NGC-TPEVENUCs scam comwa am wales 2k vee eameeels 461,325 457,761 382,787 Interest on funded debt............ 138,325 148,492 169,633 ARES pn yeh 8. Decne sre. Raigad odes Daa eee 43,653 54,975 Other deductions.............0.00- 1,408 12,822 Net divisible meomes . oc0.5.00eee doa ods 277,939 241,472 213,154 Dividends, preferredsuci ces ccs cee sf 45,000 af COMMON........ eee ses e ee f 345,000 150,000 Surplus for yea tion eens eee aad on eae *67,061 46,472 Operating expenses p. c. of earnings.... 46.92 47.77 * Deficit. + Includes taxes. trustee; sinking fund, TRACK AND EQuipMENT.—Miles of track (electric), 37.28; 85 passen- ger motor and 7 service cars. OrFICERS.—Pres. W. M. Kavanaugh; V. Pres. D. H. Cantrell: Sec. George B. Rose; Audr. W. J. Tharp; Treas. Gen. Mgr. & Pur: Agt. C. J. Griffith; Supt. R. Eick; Supt. Transpt. R. B. Grimmett) Claim Agt. A. B. Chichester; Elec. Engr. M. J. Kenney; Engr. Pwr- Station, A. W. Russell; Mast. Mech. A. R. Koonce; Park Mgr. J- Thedford, all of Little Rock. Direcrors.—D. H. Cantrell, George B. Rose, W. L. Heming- way, W. M. Kavanaugh, W. W. Dickinson, A. Brizzolara, Julian Blass, C. J. Griffith, C. C. Kavanaugh, Little Rock, Ark.: Wm. Von Phul, J. S. Pevear, Hugh McCloskey, New Orleans, La.; Geo. Bullock, New York. GENERAL OFFICE, 115 W. Fourth St.; power station, Arch and Water Sts.; repair shop, 1000 North St., Little Rock, Ark. FiscaL AGEN‘ts, Guaranty Trust Co., New York City; Isidore Newman & Son, New Orleans, La. For map of road see page 9. PINE BLUFF. Population in 1gto, 15,102. The Pine Bluff Company.—Incorporated in 1912 in Arkansas and acquired all properties, rights, franchises, etc., of The Pine Bluff Corporation and Citizens Light & Transit Co. Operates street railway system and does all electric light and power business, and furnishes all water required for commercial and municipal uses in Pine Bluff. ‘The electric light franchise is unlimited. The street railway franchise expires in 1951. The water franchise expires in 1947. CapiraL Srock.—Common, authorized and issued, $600,000; pre- ferred, 6 p. c. cumulative, authorized and issued, $600,000. FuNDED Des. First mortgage 5 p. c. bonds, authorized $2,000,- 000, issued $700,000; dated Mar. 22, 1912, due Jan. 1, 1942. TRACK AND EQuipMEeN’.—Miles of track, 9; 21 cars. Orricers.—Pres. F. G_ Bridges; V. Pres. H. R. Dennis; Sec.; Treas. & Gen. Supt. B. C. Fowles; Act. Audr. R. B. Fowles. Direcrors.—F, G. Bridges, R. M. Knox, C. H. Triplett, W. D. Hearn, B. C. Fowles, all of Pine Bluff, Ark.; Wm. von Phul, New Orleans, La.; H. R. Dennis, New York, N. Y. GENERAL OFFICE, 512 Main St., Pine Bluff, Ark. TEXARKANA. Population of Texarkana, Ark., in 1g9c0, 4,914; in 1910, 5,655; Texarkana, Tex., in 1900, 5,170; in 1910, 9,790. Southwestern Gas & Electric Co. (Texarkana Division).— Incorporated in Delaware and acquired, in 1912, the property of the Texarkana Gas & Electric Co., the Shreveport (La.) Gas, Electric Light & Power Co. and the Caddo Gas & Oil Co. The Texarkana Gas & Electric Co. was successor to the Texarkana Light & Traction Co., which had absorbed the Texarkana Traction Co. Company does entire gas, electric lighting and street railway business in Texarkana, Ark., and Texarkana, Tex., the entire gas and electric lighting busi- ness in Shreveport, La., and natural gas business on line extending between Shreveport and Texarkana; also produces and sells oil. CapiraL Strock.—Common, authorized $3,000,000, outstanding’ $2,242,000; preferred, authorized $2,500,000, outstanding $1,174,000. Funpep Desr.—First and refunding mortgage 5s, authorized $7,- 500,000, outstanding $3,000,000, of which $867,000 are reserved to retire $423,500 Shreveport Gas, Electric Light & Power Co.’s 5p.c. bonds, due Oct 1, 1922, and $443,500 Texarkana Gas & Electric Co.’s 5. psc bonds, due July 1, 1930; remaining $4,500,000 reserved in escrow to be issued for permanent extensions and enlargements at not exceeding 80 p.c. of cost. Shreveport Gas, Electric Light & Power Co.’s 5 p. c. gold mort- gage bonds, authorized $500,000, outstanding $490,000, of which $66,- 500 are held in the sinking fund; dated Oct. 1, 1902, due Oct. 1, 1922; int. payable April and Oct. 1 at Central Trust Co. of Illinois, Chicago, 2 p. v. of par value of bonds outstanding, pay- able Oct. 1 each year, to be used for redemption of bonds; subject to call in whole or in part at 108 on or after Oct. 1, IgI2. CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 11 Texarkana Gas & Electric Co.’s first mortgage 5 p. v. gold coupon bonds, authorized $1,000,000, outstanding $443,500; dated July 1, 1905, due July 1, 1930; denom. $5°0; int. payable Jan. and July at Central Trust Co. of Illinois, Chicago, trustee. Subject to call on any interest date at 105. : TRACK AND EQuIPMENT.—Miles of track (electric), 11; 20 motor passenger cars and 1 freight car. OrFicers.—Pres. Henry M. Dawes; V. Pres. R. C. Dawes; Sec. H. B. Hurd; Treas. Jos. C. Markley; Mgr. Texarkana Div. W. L. Wood, Jr.; Supt. Ry. C. H. Kretz; Supt. Ltg. & Elec. Engr. A. Pat- terson; Claim Agt. W. E. Casey; Asst to Gen. Mgr. M. F. Bonham; Ch. Engr. Power Station, A. W. Ball; Mast. Mech. H. H. Lytle. Direcrors.—H. M. Dawes, R. C. Dawes, J. R. Landsley, H. B. Hurd, W. J. Maloney. OrFFicr, 111 W. Monroe St.; power station and repair shop, Tex- arkana, Ark. WALNUT RIDGE. Population in 1910, 1,798. Walnut Ridge & Hoxie Light, Power & Transit Co.—Char- tered in 1903 in perpetuity. Operation began July 21, 1904. Annual meeting second Monday in January. CaPITAL STOCK, authorized $65,000, outstanding $41,000; par $100. Funnep Denr.—First mortgage 6 p. c. gold coupon bonds, auth. orized and outstanding $25,000; dated 1904, due 1924; int. payable Apr. and Oct. at Lafayette Bank, St. Louis, Mo.; J. P. Doerr, St. Louis, Mo., trustee. Second mortgage 6 p. c. gold coupon bonds, outstanding $6,000; dated, 1905; int. payable Apr. and Oct., at Lafayette Bank, St. Louis, Mo.; J. P. Doerr, St. Louis, Mo., trustee. TRACK AND EQUIPMENT.—Miles of track, 2.5; 3 cars. Orricers.—Pres. & Treas. S.C. Dowell, Walnut Ridge; V. Pres. & Gen. Mgr. A. L. Kenyon; Sec. H. L. Ponder; Supt. J. F. Wilson; Engr. Pwr. Sta. W. E. Patterson, all of Walnut Ridge, Ark. Direcrors.—S. C. Dowell, H. L. Ponder, T. J. Sharum, W. A. Dowell, Walnut Ridge, Ark.; A. D. Goldman, St. Louis, Mo. GENERAL OFFice, Walnut Ridge, Ark. CALIFORNIA. BAKERSFIELD. Population in 19f0, 12,727. BAKERSFIELD & KERN ELECTRIC RAILWAY CO.—Con- nects East and West Bakersfield. Controlled by the San Joaquin Light & Power Corporation. Funpep Dest.—First mortgage 5 p.c. gold bonds, authorized $250,000, outstanding $94,000; dated July 1, 1903, due July 1, 1931; denom. $1,000; coupon; int. payable Jan. and July, at Union Trust Co., San Francisco, Cal., trustee. Sinking fund commenced May 1, 1908. TRACK AND EQuUIPMENT.—Miles of track, 10.44; 15 cars. Orricers-—Pres. A. C. Balch; V. Pres. W. G. Farnham, Los Angeles, Cal.; Audr. C. P. Staal; Gen. Mgr. A. G. Wishon, Fresno, Cal.; Supt., Claim & Gen. Fgt. & Pass. Agt. F. J. Turner, Bakersfield, Cal.; Pur. Agt. J. H. Newlin; Ch. Engr. L. N. Peart, Fresno, Cal. GENERAL OFFICE, 1918 H St., Bakersfield, Cal.; repair shops, roth St. & Union Ave., Bakersfield, Cal. BURLINGAME. Population in rgto, 1,565. Burlingame Electric Railway.—Not incorporated. owned and operated. TRACK AND EQuUIPMEN?T.— Miles of track, 2; storage battery cars. GENERAL Orricr. Burlingame, Cal. CHICO. Population in 1900, 2,640; in 1910, 3,750. Northern Electric Railway Co.—Chartered Sept. 18, 1907, for 50 years. Successor to the Northern Electric Co., which absorbed the Chico Electric Ry. Co. and the Marysville & Yuba City Street R.R. Co. Owns the Redding & Red Bluff Ry. Co. and the Shasta Southern Ry. Co., and leases the Sacramento Terminal Co. Connects Chico, Hamilton, Oroville, Yuba City, Marysville and Sacramento. Com- menced operation in Apr., 1906. Acquired in 1912 the Vallejo & Northern R.R. Co. Also owns the stock of the Sacramento & Wood- land R. R. Subsidiary companies have been formed as follows, to build the extensions named: Marysville & Colusa Branch, Marysville to Colusa, 30 miles, capital stock $1,500,000. bonds, $1,500,000; Sacramento & Eastern Ry. Co., Sacramento to Fairbanks and Fairbanks to Orange, capital stock $1,000,000, bonds $1,000,000; West Side R. R., Sacra- mento to Broderick, Clarksburg and Rio Vista, 30 miles, capital stock $1,000,000, bonds $1,000,000; Sacramento-Folsom Eleciric Ry., Sacramento to Folsom, capital stock $1,000,000, bonds $1,000,000. Privately CapiraL Srock.—Common, authorized and outstanding, $15,000,- 000; preferred 5 p. c. non-cumulative, authorized and outstanding, $10,000,000. Funpep Dexnr.—First and consolidated mortgage 5 p. c. gold coupon sinking fund bonds, authorized $25,000,000, outstanding $6,652,000; dated Dec. 1, 1907, due Dec. 1, 1947; denom. §1,000; int. payable June 1 and Dec. t at Mercantile Trust Co., San Francisco, Cal., trustee. Subject to call on any interest date upon 60 days’ notice at 110 and interest. Sinking fund, to be used to purchase or for redemption of bonds, as follows: 34 of 1 p.c. each year, 1g18-1927; I p.c. each year, 1928-1937; 1% p.c. annually, 1938-1947; payable June I, each year. NotEs.—Three year 6 p. c. gold notes, authorized $2,000,000, out- standing $191,000; dated May 1, 1911, due May 1, 1914; secured by pledge of first and consolidated 5s. Northern Electric Co.'s first mortgage 5 p. c. gold coupon sink- ing fund bonds, authorized $6,000,000, outstanding $3,784,000; dated Dec, 23, 1905, due Oct. 1, 1955; denom. $1,000; int. payable Apr. I and Oct. 1 at Mercantile Trust Co., San Francisco, trustee. Treasury bonds may be issued for further construction. Subject to callon Apr. I, 1914, or oh any interest date thereafter at 110 and interest on 6 months’ notice. Sinking fund commencing Apr. 1, 1914, and each year to and including Apr. 1, 1930, $60,000; 1931 to 1940, $90,000 each year; 1941 to 1950, $150,000 each year; 1951 to 1955, $180,000 each year. Marysville & Colusa Branch first mortgage 5 p. c. sinking fund, gold bonds, authorized $1,500,000, outstanding $750,000; dated Dec. 1, 1911, due Dec, 1, 1941; denom. $1,000; int. payable June and Dec. at Mercantile Trust Co., San Francisco, Cal., trustee. Subject to call at 105 and interest. Sinking fund of 2 p. c. of outstanding bonds begins in 1916. Guaranteed as to principal and interest by the Northern Electric Ry. Sacramento & Woodland R. R. Co.’s 5 p.c. sinking fund gold bonds. authorized, $1,000,000; outstanding, $750,000; dated July 1, 1gtr, due July 1, 1941; int. payable Jan. and June at Mercantile Trust Co., San Francisco, Cal., trustee. Guaranteed as to principal by the Northern Elec. Ry. and Vallejo & Northern R. R. Sinking fund of 2 p. c. annually of outstanding bonds begins July 1, 1916. OpeRATION.—Year ended June 30, IgII. 1912. 1913. Total gross revenue...............000- $552,055 $625,750 $762,800 ‘operating EXPENSES. .... 6... eee, 376,152 414,278 500,523 Netirevenwes .canke econ eetide ween 175,903 211,472 262,277 STATISTICS OF TRAFFIC. Year ended June 30, IgIo. 1QII. IQI2. Fare passengers carried............ 1,232,735 1,234,636 1,315,829 Transfers redeemed............... 15,780 4,990 73,906 Passenger car miles............... 1,140,013 1,165,628 1,201,804 Freight PE PS fee a a aie. lg hts Reta at 865,701 843,409 707,084 TRACK AND EQUIPMENT.—Miles of main track (electric 3rd rail), 116; miles of track, 138.5; 42 passenger cars, 400 freight cars, 6 elec- tric locomotives, 3 steam locomotives. Orricers.—Pres. E. R. Lilienthal, V. Prests. Louis Sloss and E. J. de Sabla, Jr., San Francisco, Cal.; Sec. & Treas. Norman Logan, San Francisco, Cal.; Audr. H. L. Gibson, Chico, Cal.; Gen. Mer. & Pur. Agt. A. D. Schindler, San Francisco, Cal.: Supt. J. B. Rowray; Elec. Engr. J. P. Edwards; Roadmaster, Chas. Horan; Gen. Fgt. & Pass. Agt. S. W. Russell. Drrecrors.—B. P. Lilienthal, Louis Sloss, Leon Sloss, W. P. Hammon, E. R. Lilienthal, C. W. Slack, E. J. de Sabla, all San Francisco, Cal. ‘ GENERAL Orricre, Alaska Commercial Building, San Francisco, Cal.; repair shops, Chico, Cal. For map of road see page 12. EUREKA. Population in 1900, 7,327; in 1910, 11,845. Humboldt Transit Co.—Chartered July 31, 1903, Municipal franchise granted Mar. 2, meeting first Monday in Aug. CaPITAL Srock, authorized $1,000,000, issued $500,000; value, $100 per share. FUNDED Dest.—First mortgage 5 p. c. gold bonds, authorized $1,000,000, outstanding $193,000; denom. $1,000; coupon and regis- tered: dated Oct. 1, 1904, due Oct. 1, 1934; int. payable Apr. 1 and Oct. tat Union Trust Co., San Francisco, Cal., trustee. Sinking fund 2 p. c. of bonds outstanding, began Oct. 1, roro. ; TRACK AND EQuIPMENT.—Miles of track (electric), 13; 17 motor cars, I service car. Orricers.—Pres. Wm. Butterworth, Moline, Ill.; V. Pres. C. P Pomeroy, San Francisco, Cal.; Sec. & Treas. Horace R. Hudson San Francisco, Cal.; Gen. Mgr. & Pur. Agt. F. C. Morrison, Eureka: Ch & Elec. Engr. Power Station, A. R. Huntington; Mast. Mech. A. W. White. pues DirEcrors.—Wm. Butterworth, Moline, Ill.: C. P Pomeroy, C B. Marks, H. R. Hudson, of San Francisco Cal.: Ma oon ton, Washington, D. C. ; en anne GENERAL OFFICES, 709 Kohl Building, San Francisc Cc 5 Eureka, Cal.; repair shops, A St., Eureka, Cal. Pa for 50 years. 1903, for 50 years. Annual par 12 McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA | q | LN Ss T A { | LAS SE f SyREDDING : goo 7 X | » eee Series cl eee) So mee ! | . Noes | ™ ! pane =. 2 l Pi , A Z a hay | RED BLurFl Deu ag we ¢ ae A mM Bao | i ss te : 2 haut macolwes o if Thome S MOLINOS i f gene) af 4 oy j [, {of | pw U MSNA S ¥ P jer day Ae Cohossorlp it q aA fF detest @® ching ty ee / df £ ait oh, ences Pn LM et y " ro Ne et Me S328 1 TS 0} o (iG 1! 5 / yee" Hi Z N > i ~!\ Ld son £ BS Spegdwa; TY. CE Te poe a AieeG caming.” chee Ae r 8 urhamn ' agp Sy ‘8 Blavo w % { "/ Sictad \ fee ne aie) Sl BB! IPI al nn bars Tae o ! We f eras the Mo jeer ae as idley a Salide 2 opt gf 7 Pp “Y ” tMidva Manzbriita ' seis Nm of aD ninghno=m mm Ete / a“ ; WE 3 Ken fy HERON iyenbe s Cee wisigece Mh vEpcagag ro¢ G ev seSRS 2 2 E EY ohigpremmorm ae gers ATLL ‘ ge 35 = WPeosd [ooo eer Fear tse He een 3 Y ras . aot ‘ ie £ | cont LI Arboga S R a WEEE ag € Igodon' az Z a 9 A Rive is se J oe oe) f 6 “aby —-- siner Vd Pp a icolavs, AUBURN | triplin a Vv Kosghts i: Lens Pleasant Grove eo ) DB Yaar, Coheenm HEL DORADO . 7 vege U Gomi ie Ba ee tl ee \ ae L ? ZENON Be Folsom ob Lideracto Heold: : 2 ei Tiepen : " ea { Coli % x A, yrass AR OA ( a mh ° N ° M A ne bstoga & 2 a Re ma 2 Oo ‘ y \ Witters Dorisrille ‘ . ks A me Su a © % = rgANTA ROSA \.N o Pp A i Se S& rae I ps se S a iP 2 ; ya |AMADO ( re’ , 5 ere “es r Z | en ‘eS eer UR | ach Set IE cai con oe Rg heyill : = 4 i fk [* 5 ake June, if Ame bs Po) ee ee y se POF CAL Eo ange Mi i et AZ : = ry ares : Moa Ly fe - ES KTOR s | \ Py Se, j r ~ re x i ee * X WOE ' a oN ' FRAN) ie % |p MAP @ (Aes, ee \ : S 7%, oF CA- NWN : wR Ge, MODESTO nvr NORTHERN ELECTRIC RAILWAY. ' ”; 3 k SACRAMENTO & WOODLAND RAILROAD 'y) =y.bS\\ 8 aN \ > \ POS 4 %, %, fs 7 % Spr Boy oae5 2 aX ’ CONNECTIONS Mi a ir ‘s a STALE or MILES i a ( = XN . a a o a A : . \ Oot 30 “0 20 | me SAN JOBE \ 3, ; MERCED CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 13 EXETER. Population in 1910, 600. VISALIA ELECTRIC RAILROAD CO.—Connects Visalia, Exeter and Lemon Cove. Controlled by the Southern Pacific Co. OpERA?TION.—Year ended June 30, 1913. RECEIPTS, Gross operating incoMe........ ee eee cece eee cte cence eens $75,506 Ober INCOMES i ds sa@ ia ho8G oes eNVASEBEEAG BER AGA Sead 150 Total) TECSIDES erie ene. doscsec set auras Sucoauahuanevagienaasae! bmw dyes 75,056 DISBURSEMENTS. Operating €xpensess, acccevia sa ot dineee te away waaaea esa san $72,709 TP ARES cas sacesnars YG dled wm chotoure thine abetits © ere ae ce aimee te ea leaa 3,179 Interest on openaccountsic.s20a2 ease doa weiamives $4 eA 78,675 Other charges. sicaciokeaseuveci cedex 4k SSRN OAs Sacee ees 89 Total disbursements 5 sa. 6/6 o804 50005 6 Slicker eh ads 154,652 DCH C ib escorts she fis. 5 Cid Geaaesehtaeens DMN eae adie eee bee Saves dea 78,996 TRACK AND EQuipMENT.—Owned (electric), miles of track, 45.95; 6 motor and 2 trail cars; 1 locomotive. OrFicers.—Sec. F. C. Ambridge; Audr. H. A. Culloden. GENERAL OFFICE, POWER STATION AND REPAIR SHops, Exeter. FRESNO. Population in 1900, 12,470; in I910, 25,000. San Joaquin Light & Power Corporation.—Incorporated in California in July, 1910, as aconsolidation of the San Joaquin Light & Power Co., Power, Transit & Light Co. (Bakersfield), and the Merced Falls Gas & Electric Co. Franchises in cities are perpetual, and out- side of cities all but two extend beyond 1950. In addition to a large power and transmission business, operates 74 miles of street railway in Bakersfield. CAPITAL STockK.—Common, authorized $15,000,000, outstanding $11,000,000; preferred, authorized $10,000,000, outstanding $6,500,coo. FunpvrEepD Dexsr.—First and refunding mortgage gold sinking fund bonds, authorized $25,000,000, outstanding, series ‘‘A,” interest 6p.c., $1,500,000; outstanding $2,760,000, series ‘‘ B,” interest 5 p. c.; (series “B” interest, 5 p. c.), reserved to retire underlying liens, $3,120,000; remaining $17,520,000 can be issued at not exceeding 6 p. c, interest for improvements, additions, etc., at 85 p.c. of cost; coupon and registered (registered are convertible into coupon); dated rgro, due Aug. I, 1950; denom. $1,000; int. payable Feb. and Aug. in New York; Equitable Trust Co., New York, trustee. Subject to call at 102% on any interest date. Sinking fund $145,000 yearly from Aug. I, 1915, to Aug. I, Ig1g9, and $150,000 yearly from Aug. 1, 191g, to Aug. I, 1924; then 21% p. c. yearly of bonds outstanding from Aug. I, 1925, to Aug. 1, 1930, inclusive; 4% p.c. yearly from Aug., 1945 to 1949, inclusive. Power, Transit & Light Co.’s mortgage 5 p.c. gold bonds, author- ized $2,500,000, issued $778,000; $673,000 retired by exchange for San Joaquin Light & Power Corporation, series ‘"B”; dated June 1, 1903, due June I, 1933; denom. $1,000; int. payable June and Dec.; Mercantile Trust Co., San Francisco, Cal., trustee. $141,000 re- served to retire prior liens. Sinking fund of 10 p. c. of net earnings to commence in five years from date of mortgage. Subject to call on any int. date on basis of 4% p. c. reinvestment. Bakersfield Gas & Electric Light Co.’s 6 p. c. bonds, issued $50,000, outstanding $18,000, due periodically; int. payable Feb. 15 and Aug. 15. San Joaquin Light & Power Co. first mortgage 5 p. c. sinking fund coupon bonds, authorized $3,000,000, outstanding $2,720,000; dated 1905, due June 1, 1945; denom. $1,000; int. payable June and Dec. Redeemable at 110 and interest. San Joaquin Power Co. 5 p. c. bonds, outstanding $104,000; due in 1942. Selma Light & Water Co. 6 p. c. bonds, outstanding $10,000; due Igi2 to Ig20. TRACK AND EquipMENT.—Miles of track (electric), 5.81. OrFicers.—Pres. W. G. Kerckhoff; V. Pres. A. C. Balch; Sec. L. M. Farnham; Treas. & Compt. A. E. Peat, all of Los Angeles, Cal.; Gen. Mgr. A. G. Wishon, Fresno, Cal.; Asst. Gen. Mgrs. A. Emory Wishon, Bakersfield, and E. B. Walthal, Fresno, Cal.; Office Asst. to Gen. Mgr. W. E. Durfey, Fresno, Cal.; Gen. Supt. L. N. Peart, Fresno, Cal.; Pur. Agt. J. H. Newlin, Fresno, Cal.; Supt. Ry. J. F. Turner. ExEcurivE Orrice, 805 Garland Bldg., Los Angeles, Cal.; general offices, Fresno, Cal.; local offices, Bakersfield, Taft, Merced, Corcoran, Madeira, Los Banos, Selma and Dinuba, Cal.; power stations (hydraulic), Kern River, San Joaquin River and Tule River; steam plants and repair shops, Bakersfield and Fresno. ——— FRESNO TRACTION CO.—Incorporated in California on Sept 21, 1903, to build 196 miles of electric lines from Fresno to Wawona, Fresno to Selma, Fresno to Trimmer’s Springs, and Fresno to Central and Washington Colonies. Annual meeting Tuesday after the first Monday in Oct. Purchased the Fresno R. R. and leases the Fresno City Ry., acquiring with the latter the Fresno, Belmont & Yosemite R. R. CAPITAL STOCK, authorized and outstanding $5,000,000; all owned by Southern Pacific Co. Funprep Drpr.—First mortgage 5 p. c. coupen bonds, authorized $5,000,000, outstanding $750,000; dated June 10, 1904, due July 1, 1944; denom. $1,000; int. payable Jan. and July at Union Trust Co. San Francisco, Cal., trustee. Sinking fund, $2,500 per annum, 1909- 1913; $5,000 per annum, 1914-1918; $7,500 per annum, I9I9g-1923; $10,000 per annum, 1924-1928; $12,500 per annum, 1929-1933; $15,000 per annum, 1934-1938; $17,500 per annum, 1939-1944. : Fresno Ciry Ry.’s first mortgage 6 p. c. gold coupon bonds, authorized and issued, $150,000; outstanding, $128,000; dated Jan. 18, 1902, due Jan. 1, 1922; denom. $1,000; int. payable Jan. and July at office of Union Trust Co., trustee, San Francisco, Cal., and in New York. Sinking fund, beginning Jan. 1, 1905, is $3,000 per annum for first two years, $5,000 per annum for next five years, and $7,500 per annum for next ten years. * OPERATION.—Year ended June 30, 1913. RECEIPTS. Gross Operating inCOMe ss «osc cc ciscesdie cine! sacsietecaw arora apis esdee enue $212,454 QUEEN COME etic leensaeh 9 sons aeeutuivebeee awh ic a8 Sl otPonatetand Syscntens 1,766 Mo tal re Ceiptsins Giirestvatvanseratadens nave ehanheigell Yous ae 214,220 DISBURSEMENTS. Operating Gxpensesiciss. cess exh e ean bee wee aed ess eae $146,039 TAX eS w cuuncsy ie aie ves yeaa ees Sales kaa 8 cela epeatas Raut were 9,068 Tnterest oa Iunded Ge0i. 09 cy ee bdb ew awake Reds ee eee ee AS 45,180 INntereSt-On OPEN ACCOUDIS a s.08 64s d sk > Bae MNS aS 11,584 Sinking fund Contribution: ..c. cadet Geode rec eeeew ees 11,250 OER EE CHAT BOS irc atoi'sdocedolaneter dyad tos a OR Ri Sstesasie A tensa ipauener dae ie ence 4,830 Total:disburséMentS cee .scscsieuses oe edna ty oe bd Saw Re ave 227,951 DDC ACE eysncvan cxeteearstnsvonaata, ensign teeth a ays hie Rudy cena hudntsucsleher,taavsnete 13,731 * Includes Fresno City Ry. TRACK AND EquipMEentT.—Miles of main track (electric), 30.58; 25 motor cars, 2 other cars. OrFicers.—Pres. W. F. Herrin; V. Pres. Paul Shoup, Fresno, Cal.; Sec. & Treas. F. C. Ambridge; Mgr. F. W. Webster; Supt. E. A. Devereux; Asst. Supt. G. W. Gwinn, Fresno, Cal. GENERAL Orrick, First and Talare Sts., and power station and repair shops, Fresno. GLENDALE. Population in Igto, 2,746. Glendale & Eagle Rock Railway Co.—Connects Glendale, Eagle Rock, Glendale Heights and Montrose. TRACK AND EQUIPMENT.—Miles of track, 9; 3 motor cars, I other car. Orricers.—Pres, J. F. Walters; Sec. & Treas. Robt. A. Walton, 508 Grant Bldg., Los Angeles, Cal.; Gen. Mgr. & Pur. Agt. J. W. M. Burton; Supt. Chas. D. Shattuck; Ch. Engr. H. Bruce, Glendale, Cal. GENERAL OFFICE, IIIT Broadway, Glendale, Cal.; power station, Montrose, Cal. GRASS VALLEY. Population in 1g10, 4,520. Nevada County Traction Co.—Chartered in April, rgor. CapiTaL Srock, authorized and outstanding, $100,000; par $100, FunpDEp Desr.—First mortgage 5 p. c. gold bonds, outstanding, $88,000; dated igor, due 1931; denom. $1,000; coupon; int. payable Jan. and July at Mercantile Trust Co., San Francisco, Cal., trustee. TRACK AND EQuipMEN’.—Miles of track, 5; 4 cars. OrriceRs.—Pres. John Martin; Sec. & Treas. L. W. Pryor, San Francisco, Cal.; Gen. Mgr. & Pur. Agt. C. C. Skewes; Elec. Engr. T. C. Thomas, Grass Valley, Cal. Drrecrors.—John Martin, R. M. Hotaling, E. J. de Sabla, F. H. Pierson, all of San Francisco, Cal. GENERAL OrFIce, Room 307, 454 California St., San Francisco, Cal.; power station and repair shops, Glenbrook, Cal. LOS ANGELES. Population in 1g00, 102,479; in 1910, 319,198; in 1912, 419,000. Los Angeles & Mt. Washington Railway Co.—Incorporated in 1908. Operates incline to top of Mt. Washington. CaPITAL Stock, authorized and outstanding, $150,000. FuNDED Dest, authorized $60,000, outstanding $25,000. TRACK AND EQuiIrpMENT.—Miles of track, 0.57; 2 cars. Orricers.—Pres. Robt. Marsh; V. Prests. J. E. Marsh and John Howze; Sec., Treas. & Gen. Mgr. A. St. C. Perry; Supt. Geo. F. Hargis. GENERAL OFFIcE, 215 W. 6th St., Los Angeles, Cal. it McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA Igto, and has absorbed the Los Angeles Railway Co., the narrow vage city lines of the Pacific Electric Railway and Los .\ngeles Inter- urban Railway, in Los Angeles, and all those portions of the Los Angeles and Redondo and California-Pacific railways north of a line running through Hawthorne and Athens. The franchises expiring before 1940 have an average life of about 19 years from 1912, and cover relatively unimportant lines comprising about 23 p.c. of the total trackage. About 25 p. c. of the total mileage is on private right of way owned in fee. In Dec., 1910, the City Railway Co. of Los An- geles was incorporated for the purpose of building additional lines for the system. CaPiTaL Stock, authorized and outstanding, $20,000,000; par $100. DiviDENDs.—In 1912, 2 p. c.; in 1913, 4 p. ec. FunpeEpD Dexr.—First and refunding mortgage 5 p.c. gold sink- ing fund bonds, authorized, $20,000,000; outstanding, $14,500,000; held in sinking funds, $260,000; remainder reserved to retire under- lying bonds, coupon but may be registered; dated Dec. 1, rgto, due Dec. 1, 1940; denom. $1,000; int. payable June rand Dec.1 at Los Angeles Trust & Savings Bank, Los Angeles, trustee, or at Bankers Trust Co., New York. Secured by a closed mortgage upon the entire property of the corporation, now owned or hereafter acquired, subject to the following underlying issues: $5,000,000 Los Angeles Railway Co. first consolidated mortgage 5s, due Oct 1, 1938: $250,000 Los An- geles Traction Co. 1st mortgage 6s, due May 1, 1915, and $250,000 Los Angeles Traction Co. first consolidated mortgage 5s, due Dec. 1, 1938. Bonds have sinking fund of $10,000 monthly, including sinking fund on underlying bonds. City Railway Co. first mortgage 5 p. c. bonds, authorized $3,613,- 000, outstanding $3,544,000; dated Feb. 1, 1911, due Feb. 1, 1941; denom. $1,000; coupon, but may be registered as to principal; int. payable Feb. and Aug. at Los Angeles Trust & Savings Bank, trustee; sinking fund 2 p. c. annually of principal amount of bonds, beginning Jan. 1, 1916; interest upon these bonds is to be paid by the Los Angeles Railway Corporation in lieu of rental upon the tracks, equipment and other physical property purchased by the proceeds from the sale of City Railway Co. bonds at par. Los Angeles Railway mortgage 5 p. c. gold bonds, authorized and outstanding, $5,000,000; coupon, but may be registered; dated Oct. 1, 1898, due Oct. 1, 1938; denom. $1,000; int. payable Apr. and Oct. at company’s office in San Francisco; Union Trust Co. of San Francisco, trustee. i Los Angeles Traction Co. first mortgage 6 p. c. bonds, outstand-: ing $250,000; dated 1895; due May 1, roI5s. Los Angeles Traction Co. first consolidated mortgage 5 p. vc. bonds, outstanding $250,000; dated 1898; due Dec. 1, 1938. OprERaATION.—Yearend. Dec. 31, IgII. TOI, 1913. Gross €armMmin gsi ccwwinesa cagiicevnes $5,756,874 $6,614,233 $7,003,161 Operating expenses, including taxes, maintenance, and rent of leased lines and equipment 3,974,693 4,481,796 4,829,766 Net Cannings. cnceeca tones enn es 1,782,181 2,132,437 2,173,395 Annual interest charge on bonds . 1,002,500 1,075,161 1,069,856 Sinking fiun@ nn aswese te eae a 120,000 120,000 SOrplasis sont wean ee aie ee ae 779,081 937,276 983,539 TRACK AND EQuipMent.—Miles of track (electric), owned and leased, 376.25; 889 double truck passenger motor cars, 589 of which are of the prepayment type; 91 work and miscellaneous cars. Orricers.—Pres. Henry E. Huntington; V. Pres. & Gen. Mgr. Howard Huntington; 2d V. Pres. W. E. Dunn; Sec., Treas. & Asst. Gen. Mgr. C. A. Henderson; Audr. Chas. Barrington, Jr.; Supt. E. L. Lewis; Ch. Engr. Geo. J. Kuhrts; Elec. Engr. L. O. Lieber; Mast. Mech. E. L. Stephens; Supt. Elec. Repairs, J. L. Clarke. Directors.—Henry E. Huntington, W.E. Dunn, Albert Crutcher, J. E. Brown, C, A. Henderson, Howard Huntington, G. C. Ward. GENERAL OrFiceg, Sixth & Main St.; power station, Central Ave. and 6th St.; repair shops, 54th St. and So. Park Ave., Los Angeles. Southern Pacific Co.—Although its principal operations are of steam railroad lines, this company controls, by stock ownership, the Pacific Electric Ry. Co. and various other electric railway companies in California, and the Portland, Eugene & Eastern Ry. Co., Portland, Ore., and it has electrified the Oakland, Alameda and Berkeley suburban lines. The balance sheet as of June 30, 1913, shows $14,070,945 advanced to electric lines in California and Oregon. Annual mecting Wednesday following first Monday in April. Orricers.—Chairman Executive Committee, Julius Kruttschnitt, New York; Dir. of Traffic, Lewis J. Spence, New York; Pres. William Sproule, San Francisco, Cal.; V. Pres. & Ch. Counsel, Wm. F. Her- rin, San Francisco, Cal.; V. Pres. & Controller A. D. McDonald, New York; V. Pres. & Gen. Mgr. W. R. Scott, San Francisco, Cal.; V. Pres. in Charge of Traffic, E. O. McCormick, San Francisco, Cal.; Clk. & Sec. Hugh Neill, New York: Asst. Clk. & Asst. Sec. W. F. Bull, New York; Asst. Clk. John B. Weaver Beechmont, Ky.; Dir. Pur. F. W. Mahl, New York; Gen. Counsel, J. P. Blair, New York; Treas. A. K. Van Deventer, New York; Audr. T. O. Edwards, San Francisco, Cal.; Ch. Engr. Wm. Hood, San Francisco, Cal.; Gen. Pur. Agt. I. O. Rhoades, San Francisco, Cal. Los Angeles Railway Corporation.—Incorporated on Nov. 7, Direcrors.—Henry W. De Forest, H. E. Huntington, Julius Kruttschnitt, C.°N. Bliss, J. N Wallace, E. P. Swenson, Lewis J. Spence, L. F. Loree, Chas. W. Harkness, J. H. Harding,New York; Robert Goelet, Newport, R. I.; Ogden Mills, Staatsburg, N. Y.; W. Py Bliss, Bernardsville, N. J.; J. N. Jarvie, Montclair, N. J.; William Sproule, San Francisco, Cal. GENERAL OFFices, New York, 165 Broadway; San Francisco, James Flood Bldg. : PACIFIC ELECTRIC RY. CO. — Incorporated in California Sept. 1, grr, to acquire the interurban lines of the following subsid- iaries of the Southern Pacific Co.: Pacific Electric Ry., Los Angeles- Pacific Co., Los Angeles & Redondo Ry., Los Angeles Interurban Ry., Riverside & Arlington Ry., San Bernardino Valley Traction Co., Redlands Central Ry., and San Bernardino Interurban Ry. The new company began to construct extensions designed to double the mileage acquired at the time of incorporation. Acquired control, in 1912, of the stock of the Ontario & San Antonio Heights R. R. Co. On June 30, 1913, the Southern Pacific Co. owned $74,000,000 of the outstanding stock. CapiraL Srock, authorized and outstanding $100,000,000; par value, $100 per share. Funpep Desr.—Consolidated mortgage 5 p. c. gold coupon bonds, authorized $10,000,000, issued $8,449,000; dated Jan. 1, 1902, due Jan. 1, 1942; denom. $1,000; int. payable Jan. and July, at Union Trust Co., San Francisco, Cal., trustee. Sufficient bonds to retire all underlying bonds are reserved. Sinking fund, $5,000 per annum from Jan.1I,1907, to 1912; $10,000 per annum to Jan. 1, 1917; $15,000 per annum to Jan. 1, 1922; $20,000 per annum to Jan. I, 1927; $25,000 per annum to Jan. 1, 1932; $30,000 per annum to Jan. 1, 1937; $35,000 annually thereafter. First refunding mortgage 5 p.c. gold bonds, authorized $r00,- 000,000, outstanding $25,373,000, of which $17,748,000 are owned by the Southern Pacific Co.; dated 1grz, due Sept. 1, 1961; int. payable Mar. and Sept. at U. S. Mortgage & Trust Co., New York, trustee; of this issue $39,693,000 will be reserved to retire bonds of underlying companies. Los Angeles & Pasadena Electric Ry. Co.’s 5 p. c. gold bonds, au- thorized and issued, $1,000,000; coupon, but may be registered; dated Jan. 1, 1898. due Jan. 1, 1928; denom. $1,000; int. payable Jan. and July, at Illinois Trust & Savings Bank, Chicago, trustee, or Chase National Bank, New York. Subject to call after Jan. 1, 1908, at 105. Pasadena & Mt. Lowe Ry. Co.'s first mortgage, 4 p. c. gold bonds, authorized and issued, $500,000; coupon, but may be regis- tered; dated June 1, 1900, due June 1, 1930; denom. $1,000; int. payable June and Dec. at Union Trust Co., San Francisco, Cal., trustee. Sub- ject to.call after 1910 at 104 and interest. Lés Angeles-Pacific Co.’s general mortgage 5 p. c. gold bonds, authorized $12,500,000, outstanding $1,273,000, reserved for prior liens $5,000,000; coupon, but may be registered; dated 1yo6, due Jan. 2, 1946; denom. $1,000; int. payable Jan. 2 and July 2, at Union Trust Co., San Francisco, trustee, or at Farmers & Mechanics National Bank, Los Angeles, or Chase National Bank, New York. Sinking fund: beginning r1g11, $10,000 per annum to 1g15; $15,000 per annum 1916 to 1920; $40,000 per annum Ig2t to 1925; $75,000 per annum 1926 to 1930; $80,000 per annum 1931 to 1944; $90,000 each year 1945 and 1946, Los Angeles-Pacific Co.’s first and refunding mortgage 4 p. c. gold bonds, authorized $20,0c0,000, outstanding $8,323,000; coupon, but may be registered; dated 1910, due Jan, 1, 1950; denom. $1,000; int. payable Jan. and July at company’s office or agency in New York; Union Trust Co., San Francisco, trustee; $10,656,000 of bonds are reserved to retire prior liens and remainder for extensions, improve- ments, etc. Subject to call as a whole or in part on Jan. 1, 1915, and any interest date thereafter at 105 and interest on 3 months’ notice; sinking fund of $5,000 per annum. Los Angeles-Pacific R. R. Co.’s first mortgage 5 p. c. gold bonds, authorized $1,000,000, outstanding $10,000; dated 1908, due June 10, 1928; denom. $1,000; int. payable June 10 and Dec. 10, at Broadway Bank & Trust Co:, Los Angeles, trustee, or at Illinois Trust & Sav- ings Bank, Chicago, or Chase National Bank, New York. Los Angeles-Pacific R. R. Co.'s first consolidated mortgage 5 p.c. gold bonds, authorized $1,500,000, outstanding $1,465,000; dated 1901, due Apr. 1, 1931; denom. $1,000; int. payable Apr. and Oct. at Crocker National Bank, San Francisco; Broadway Bank & Trust Co., Los Angeles, trustce. Los Angeles-Pacific R. R. Co.'s first and refunding mortgage 5 p.c. gold coupon bonds, authorized $5,000,000, outstanding $3,- 451,000; dated 1903, due Sept. 1, 1943: denom. $1,000; int. payable Mar. and Sept. at Los Angeles Trust Co., trustee; or at United States Mortgage & Trust Co., New York. A sinking fund began in 1908, to which $50,000 per annum is payable the first 5 years; $60,000 per annum the next 5 years; $70,000 per annum the next 5 years; $80,000 per annum the next 5 years; $90,000 per annum the next 5 years; $100,000 per annum the next 5 years, and $150,000 per annum there. after. A sufficient amount is reserved to retire prior liens. Los Angeles, Her. Bay & R. M. Co.’s first mortgage 5 p. c. gold bonds, authorized $500,000, outstanding $74,000; dated 1902, due May I, 1942; denom, $1,000; int. payable May and Nov. at Crocker National Bank, San Francisco. California Pacific Ry, Co. first mortgage 5 p. ¢. gold coupon bonds, issued $480,000; dated 1901, due July 1, 1941; denom. $1,000; CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 15 int. payable Jan. and July at Chase National Bank, New York. issue is limited to $20,000 per mile of completed track. by the Los Angeles Traction Co. Los Angeles & Redondo Ry. Co. first mortgage 5 p.c. gold coupon and registered bonds, authorized and issued $500,000; dated Jan. 15, 1902, due Jan. 15, 1932; denom. $1,000; int. payable Jan. and July, at office of Union Trust Co., San Francisco, trustee of mortgage. Redlands Central Ry. Co. first mortgage § p.c. gold bonds, au- thorized $500,000, issued $110,000. . Riverside & Arlington Ry. Co. first mortgage 4 p.c. gold bonds, authorized and issued $200,000. San Bernardino Valley Traction Co. consolidated mortgage 5 p. c. gold bonds, authorized $1,000,000, outstanding $833,000; coupon, but may be registered; dated Sept. 1, 1903, due Sept. 1, 1933; denom. $1,000; int. payable Mar. and Sept. at office of Los Angeles Trust Co., trustee of the mortgage. These bonds are subject to call after 5 years at 105: The Guaranteed Redlands St. Ry. Co. 6 p. c. bonds, outstanding $50,000. Redlands St. Ry. Co. 5 p. c. bonds, outstanding $27,000. San Bernardino Valley Traction Co. bonds, outstanding $44,000. OPERATION.— Year ended June 30, 1913. RECEIPTS, Gross operating incomes: s 054s Setvnutewnokeee nee oe eeerwee 8 $9,399,079 Other in COMeswcawac. ay san wias Comes pease sys *203,613 Total receipts...... A ecarer Onee | he Ne ene ke 9,602,692 DISBURSEMENTS, OPErating, EXPENSES sis cose es ste nses cusehoneisinvenioie Daan S $6,365,518 WAR CS vc, aunie, ec dsdinddin Wueetinacisicn as lob anniveualogeReaneees Meh aS ee Leh ow 377,908 Interest'on, funded debt se. .2c.:.ccewardsieaseyueneitos cas ¥e 2,528,354 Sinking fund contributions........... 0.00000 ccc eee eee 128,667 Other Charge esipcicadpsaais are hiea beta eau MOA Eee en Faas 131,041 Total disbursement si. «ay cacke hae eee ba Gee a 9,531,488 Sut plus: .42%6 dv sand os ayy baled wreaths Me SRa aE *71,204 *Does not include interest, amounting to $155,232, accrued dur- ing year on advances to Pacific Electric Land Co. TRACK AND EQUIPMENT.—Miles of track (electric), 982.46; 14 electric locomotives, 507 passenger motor, Ig passenger, express and mail motor and 53 other passenger cars, 33 express freight motor cars, 6 express freight trail cars, 1,115 other freight cars and 72 service cars. Orricers.—Pres. Paul Shoup, Pacific Electric Bldg.,Los Angeles, Cal.; Treas. 1. W. Hellman, Wells Fargo-Nevada National Bank, San Francisco,Cal.; Ch. Counsel, J. W.McKinley, Los Angeles, Cal.; Sec. H. A. Culloden, Los Angeles, Cal.; Gen. Mgr. J. McMillan, Los Angeles, Cal.; Supt. F.L. Annable; Asst. Supt. F. Van Vranken; Ch. Engr. Geo. E. Pillsbury, Los Angeles, Cal.; Asst. Ch. Engr. & Chg. Maint. of Way & Struct. E. C. Johnson, Los Angeles, Cal.; Traffic Mgr. D. W. Pontius, Los Angeles, Cal.; Gen. Claim Agt. S. A. Bishop, Los Angeles, Cal.; Gen. Pur. Agt. F. W. Taylor, Los Angeles, Cal.; Gen. Fgt. Agt. J. G. Stubbs, Los Angeles, Cal.; Elecl. Engr. S. H. Anderson, Los Angeles, Cal.; Asst. Elecl. Engr. C. M. Warnecke, Los Angeles, Cal.; Mech. Engr. F. F. Small, Los Angeles, Cal.; Supt. of Telegraph, Telephones and Signals, A. E. Roome, Los An- geles, Cal.; Mgr. Outside Oper. C. H. Burnett, Los Angeles, Cal. Directors.—W. F. Herrin, San Francisco, Cal.; Paul Shoup, R. C. Gillis, H. M. Sherman, Los Angeles, Cal.; Epes Randolph, Tucson, Ariz. GENERAL OFFICE, Pacific Electric Bldg., Los Angeles, Cal.; New York office, 165 Broadway; power stations, 6th and Wilder Sts., Los Angeles, and Pasadena; repair shops at 7th and Central Aves., Los Angeles. MODESTO. Population in 1910, 4,034. Modesto & Empire Traction Co.—Successor to the Modesto Interurban Ry. Co. Connects Empire with Modesto. TRACK AND EQUIPMENT.—Miles of track, 6 completed. OrrFicers.—Pres. & Gen. Mgr. T. K. Beard; V. Pres. J. M. Walthall; Sec. & Treas, L. L. Dennett; Audr. J. F. Russell; Supt. & Traffic Mgr. R. J. LeClert. : GENERAL OFFIcE, Modesto, Cal. NAPA. Population in 1905, 7,000; in I9I0, 5,791. San Francisco, Napa & Calistoga Railway.—lIncorpor- ated in California on Nov. 10, 1g1I, to acquire contro] of the San Francisco, Vallejo & Napa Valley R. R., sold under foreclosure. The San Francisco, Vallejo & Napa Valley R. R. was chartered and franchises were granted June 6, 1906, for 50 years. Con- nects Vallejo (11,340), Napa (5,791), Yontville, St. Helena (1,603), and Calistoga (1,000). Owns $479,000 of the $500,000 capital stock of the Vallejo, Benicia and Napa Valley R. R. Co. Annual meeting in July. CAPITAL STOCK, $100. authorized and outstanding $2,000,000; par Funpep Desr.—First mortgage 6 p. c. sinking fund gold coupon (but may be registered) bonds, authorized $1,000,000, outstanding $600,000 ; dated Nov. 20, rg11, due Dec. 1, 1936 ; denom. $100, $500 and $1,000; interest payable June and Dec. 1, at Mercantile Trust Co., San Francisco, Cal., trustee, or at E. H. Rollins & Sons, New York; subject to call on any interest date at 105 and interest, $400,000 reserved for extensions and additions, at not exceeding 75 p. c. of actual cost, provided net earnings for preceding twelve months have been at least twice the interest on bonds outstanding and those to be certified; sinking fund, commencing in IgI4, I p. C. of bonds outstanding, annually, to be used for purchase or redemp- tion by lots of bonds, at 105 and interest; bonds to be kept alive and interest added to sinking fund. Five p. c. unsecured debentures, entire issue $610,000. Oprration,—Year ended Dec. 31, June 30, Igt2. 1913. Revenue from paSS€ngers..... 2.6 e ee cee cee eee $192,504 He “freight: Or expresSivcsiscihnee ds vows 22,919 Total operating: Tévene max ces.gsre nas goes wa niece sles $202,150 215,423 Maintenance of way and structures............ 20,731 a “ 6GUlpMents sccadie 4 they Ses 13,942 Tirame EX Pensesie ss os sieves ts. @innaacureunsieay goats 4,277 Transportation expenses.............0 00 eee eee 49,380 General. ‘EX penseés:.s.2.025 Jan seews ae en estes 33,597 Total operating EXpenses.......... cece cree ee eee *113,937 121,927 Total net revenues. sccueersiel nn ys Pea Dae bes 88,213 93,496 PAROS ini ks wea tine ese we Aaa oe ba ee eee eset 7,382 brteresr on Tanded Geils <2 ve oekee cde eaeeeee? 55,118 62,022 Net divisibléincom@. ov.iia% 3.04 wotedem eenesa wes 33,095 24,092 Surplus from previous year... .... eee eee ee eee eee 44,801 Profit and loss adjustment.........sce sees eee een 11,186 Total. surplus:account 2.0.04 eae ae eek eee 57,707 *Includes taxes. STATISTICS OF TRAFFIC, Year ended June 30, 1913. Fare passengers carried. -:.asgwasa pews eae Ss Sa ateaate’s 667,423 Cay miles: tun (passenger): ... v0 maida esas le eee bases dts 339,975 “ a “f (freight Of €XPTeSS) .02 egos eve as ca hecumaos oe 72,188 Cat hours: (passenger) icncsaee, tageeetokyoes aeeS Est hoe a 20,072 es “O (freight. Of CX PIESS); lexis ust nes se ee remound So 5,293 Average total revenue per car mile.................0..00. .. $5252 Operating expenses Mid 22? ENS ocala aya liatind Stages att Wass Hseany hed -2958 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip.. $3,241,969 Capital stock.......... $2,000,000 Cashes dctaewiareen sob es 19,009 Funded debt........... 1,199,100 Accounts receivable.... 7,219 Accrued accounts...... 5,542 Materials and supplies... 19,852 Accounts payable...... 25,700 Profit and loss (surplus) 57,707 Total... ............ 83,288,049 "TPO talli seis 38 Saseiso ae $3,288,049 TRACK AND EQuipMENT.—Miles of track (electric), 41.6; 13 motor and 21 other cars; 1 electric locomotive. OFFICERS.—Pres. James Irvine, 820 Crocker Bldg., San Fran- cisco; rst V. Pres. Guy C. Earl, 233 Post St., San Francisco; ad V. Pres. & Claim Agt. J. T. York, Napa, Cal.; Sec. & Treas. T. V. Maxwell, 820 Crocker Bldg., San Francisco; Audr. F. R. Veach, Napa, Cal.; Gen. Mgr. & Pur, Agt. J.H.Hornung, Napa, Cal.; Supt. Pwr. & Equip. Geo. A. Hearn, Napa, Cal.; Trainmaster, C. L. Humphreys. DirEecrors.—James Irvine, T. V. Maxwell, G. C. Earl, W. Wood, J. T. York. GENERAL OFFICE AND REPAIR SHOP, Napa, Cal. OAKLAND. San Francisco-Oakland Terminal Railways.—Incorporated in California Mar. 21, 1912, as a consolidation of the follow- ing: San Francisco. Oakland & San Jose Cons. Ry., incorpor- ated in California Mar. 6, 1908; East Shore & Suburban Ry. Co., incorporated Dec. 16, 1904; Oakland Traction Co., incorporated Nov. 8, 1906; California Ry., incorporated Aug. 16, 1890. Connects Oakland (230,000), Berkeley (65,000), Alameda (26,000), Emeryville (3,750), Piedmont (3,500), Albany (1,200), Richinond (15,000), San Leandro (4,000), Hayward (4,500), and San Lorenzo (1,300). Also connects Oakland, Berkeley, Emeryville, Piedmont and Albany with San Francisco by electric train and ferry service. Controlled by the United Properties Co. from 1g10 to January, 1913, when that company sold its interest in this property to George C. Moore, of Detroit, Mich., representing the Investment Registry, Ltd., and B. Fitzgerald, representing Basil Montgomery, Fitzgerald & Co., both of London, England. Capita, Stock, $28,175,000, divided into $12,050,000 first pre- ferred 6 p. c. cumulative, $1,000,000 second preferred and $15,125,c00 common; par $100. FunpEp Drsr.—Oakland Traction Co.’s general consolidated mortgage 5 p.c. gold bonds, authorized $12,000,000, outstanding $3-, 16 McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA MAP OF THE SAN FRANCISCO-OAKLAND TERMINAL RAILWAYS Xd nS iy { a 4 S ee \" (a = sausaito?)) eee i enamine Os A % WP ameecio” f eat yi NN ; Ge f ‘i a Se A MOST EFFICIENT AND CONVENIENT SERVICE BETWEEN SAN FRANCISCO OAKLAND BERKELEY PIEDMONT CLAREMONT NORTHBRAE ALBANY and RICHMOND Leave Ferry Building, San Francisco, Daily EVERY TWENTY MINUTES Connecting at Oakland with train and electric car service to all sections of the various cities and towns along HAYWARD LANDING the East Shore of San Francisco Bay. bier ete ae om CALIFORNIA McGRAW ELECTRIC 177,000; in escrow, to retire prior liens, $6,980,000; coupon, but may be registered; dated Jan. 18, 1907, due Jan. 18, 1935; denom. $1,000; int. payable Jan. and July at Wells Fargo-Nevada Natl. Bank, San Francisco, Cal.; Union Trust Co. of San Francisco, trustee. A sink- ing fund began in 1907, which will retire about $8,000,000 by 1932. Oakland Traction Co. equipment bonds, 6 p. c., authorized $250,- 000, outstanding $188,000; dated Jan 2, 1911; denom. $1,000; int. pay- ble Jan. and July at First Federal Trust Co., San Francisco and New York, trustee. Maturity as follows: Bonds No. 94 to 124, Jan. 2, 1915; bonds No. 125 to 155, Jan. 2, 1916; bonds No. 156 to 186, Jan. 2, 1917; bonds No. 187 to 217, Jan. 2, 1918; bonds No. 218 to 250, Jan. 2, IgIg. Oakland Traction Consolidated general consolidated mortgage 5 p. c. gold coupon bonds, authorized $7,000,000, outstanding $2,134,- 000; in escrow, $4,826,000; dated Jan. 2, 1905, due Jan. 2, 1933; de- nom. $1,000; int. payable Jan. and July at Wells Fargo-Nevada National Bank, New York and San Francisco; Union Trust Co. of San Francisco, trustee. First consolidated mortgage 5 p.c. gold sinking fund bonds of Oakland Transit Consolidated, authorized $6,500,000, outstanding $1,231,000; in escrow to retire prior liens, $3,495,000; coupon, but may be registered; dated July 1, 1902, due July 1, 1932; denom. $1,000; int. payable Jan. and July at Wells Fargo-Nevada National Bank, New York and San Francisco; Union Trust Co., San Francisco, trustee. The remaining unissued bonds were previously reserved for extensions and improvements, but the shareholders voted on June 17, 1go4, tocancelthem. Sinking fund,commencing in 1903, increases from $10,000 to $250,000 per year. Atmaturity, the sinking fund will have retired about $4,000,000 bonds. Oakland Transit first consolidated mortgage 5 p. c. gold bonds, authorized, $3,000,000, outstanding, $1,595,000; coupon, but may be registered; denom. $1,000; dated July 1, 1901, due 1931; int. payable Jan. and July, at Wells Fargo-Nevada National Bank, New York and San Francisco; Mercantile Trust Co., San Francisco, Cal., trustee. $1,400,000 bonds reserved to retire underlying bonds. Sink- ing fund, beginning in 1912, will retire about $2,020,000 bonds on or before maturity. Oakland Transit Co.’s first consolidated mortgage 6 p. c. gold bonds, authorized $1,400,000, outstanding $1,121,000; coupon, but may be registered; dated July 7, 1898, due July 7, 1918; int. payable Jan. and July, at Wells Fargo-Nevada National Bank, New York and San Francisco; Union Trust Co. of San Francisco, trustee. Alameda, Oakland & Piedmont Electric Ry. Co.’s 6 p. c. bonds, authorized $350,000, outstanding $18,000; exchanged for Oakland Transit Co. 6 p.c. first consolidated mortgage bonds and cancelled $247,000; cancelled $85,000; dated Jan. 1, 1893, due Jan. 1, 1923; not callable; int. payable Jan. and July 1 at Wells Fargo-Nevada National Bank, San Francisco, Cal.; Union Trust Co., trustee; sinking fund, commencing Jan. I, 1913, 6 p. c. of outstanding bonds. Oakland, San Leandro & Haywards Electric Railway's first mort- gage 6p. c. gold sinking fund bonds, $250,000; dated Mar. 1, 1892, due Mar. 1, 1922; denom. $1,000; int. payable Mar. and Sept. at Wells Fargo-Nevada National Bank, San Francisco; Union Trust Co., trustee of mortgage. Twenty-Third Avenue Electric Railway first mortgage 6 p. c. gold sinking fund bonds, $250,000; dated Mar. 15, 1893, due Mar. 15, 1923; denom. $1,000; int. payable Mar. and Sept. at Wells Fargo- Nevada National Bank, San Francisco; Union Trust Co., trustee. San Francisco, Oakland & San Jose Consolidated Rail- way’s general consolidated mortgage 5 p. c. gold bonds, author- ized, $7,500,000; outstanding, $1,587,000; in escrow to retire prior liens, $4,500,000; coupon, but may be registered; dated May 19, 1908, due May 19, 1938; denom. $1,000; int. payable May and Nov. 19 at Wells Fargo-Nevada Natl. Bank, San Francisco. Union Trust Com- pany, San Francisco, trustee. Commencing with May 19, 1915, the following will be paid annually for a sinking fund: 1915, $35,000; 1916, $40,000; 1917, $55,000; 1918, $60,000; 1919, $80,000; 1y20, $85,- 000; Ig2I, $115,000; 1922, $120,000; 1923, $140,000; 1924, $150,000; 1925-1926, $175,000; 1927, $210,000; 1928, $230,000; 1929, $255,000; 1930, $260,000; 1931-1932, $265,000; 1933, $275,000; 1934, $290,000; 1935, $315,000; 1936, $350,000; 1937, $400,000. San Francisco, Oakland & San Jose Railway’s first mortgage 5 p.c. goid sinking fund bonds, authorized and issued, $3,000,000; coupon, but may be registered; dated Jan. z, 1903, due Jan. 2, 1933; denom. $1,000; int. payable Jan. and July at Wells Fargo-Nevada National Bank in San Francisco and New York; Union Trust Co., San Francisco, Cal., trustee. Sinking fund is to retire the bonds as follows: in 1915-6, $25,000 each year; 1917-8, $35,000. 1919-20, $50,000; 1921-2, $75,000; 1923, $90,000; 1924-5, $100,000; 1926, $115,000; 1927-8, $128,000; 1929-30-31-32, $150,000. East Shore & Suburban Ry. Co.'s first mortgage 5 p. c. bonds, authorized $750,000; outstanding $665,000; dated Feb. 1, 1905, due July I, 1940; int. payable Jan. and July 1 at Mercantile Trust Co., San Fran- cisco, Cal., trustee; callable at rt10; sinking fund, 1% p.c. of out- standing bonds, began July 1, 1906; held in sinking fund $85,366. San Francisco, Oakland & San Jose Railway's second mortgage 5 p.c. gold coupon bonds, authorized and issued, $1,500,000; dated Jan. 2, 1906, due Jan. 2, 1933; int. payable Jan. and July at Wells Fargo- Nevada National Bank of San Francisco; Union Trust Co., of San Francisco, trustee. A sinking fund of $10,000 begins in 1915 and increases $5,000 each year to 1923, when $50,000 is payable; in 1924, $50,000; 1925, $50,000; 1926, $60,000; 1927. $60,000; then $75,000 in 1928 and each year thereafter to 1932 inclusive. RAILWAY MANUAL 17 6 mos. end. OpERATION.— Year ending June 30, Dec. 31, 1913. 1913. Passenger revenues... 6 ee ciweinidere esa eee cee $4,422,071 $2,260,757 Freight, switching and express revenue....... 39,995 23,784 Other transportation revenue..............00, 10,825 5,997 Other operating revenue................00 00. 74,095 44,933 *Total operating revenue... ....... se ee ee eee 4,547,586 2,335,471 Maintenance of way and structures....... 349,056 208,140 as CGili PME’ << A5% dour ave 243.304 125,253 ‘Trafficsex penises .<...4 24.0 anne sane agen: 33,063 13,899 Transportation expenseS...........0.000- 1,912,228 964,759 General expenses: ....5 0 ss esas ceadearwas 324,780 145,011 *Total operating expenses.................... 2,862,431 1,457,662 Net operating revenue........ 0. ..0. cease eee 1,685,155 877,809 Micellaneous income ............. cece seer ee 129,290 61,391 Gross income, less operating expenses........ 1,814,445 939,200 IEE Seay asesvpelsehsacdencere acta AB vn sosppegtas bea Se se Bs 213,640 120,068 Interest on funded debt................... 764,222 431,630 OtherdeductiONns wi cice cecievs csaress aaa 245,229. 13,453 Net incomes: oss. occmciiig hare. Gen ava waieeaels 1,361 10. Reserve for sinking funds.................... oer ee ent Sunplus:for periods «dc sincere atemon agin chose 374,284 Surplus beginning of period.................. 1,032,169 Surplus beginning of and for period .......... 1,406,453 Profit and loss adjustment..............000.. 737,409 Surplus unappropriated............. 0. eee eee 669,044 *Includes operations of ferry service in conjunction with railway. STATISTICS OF TRAFFIC. Year ended June 30, IgI2. 1913. Fare'passengers ‘Carriedens eens cease came aion’ 75,560,740 77,072,203 Transfer paSsengerS...... 0... cece e cece eee 20,627,638 21,200,388 Car miles run (passenger)........-.....000. 16,429,484 16,318,256 o ‘« *«“(Cfreight or express).......... 101,491 79,451 Car hours (passenger). .....-...ce.eee eee eee 1,527,377 1,459,030 a7 (freight or express)............... 22,763 18,go1 Average revenue per car mile............... $.24 $.24 Operating expenses ‘ Ae. Sec atant ved ti apes Rael 16 16 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road, equipt., Capital stock......... $28,175,000 franchises and good Funded debt.......... 16,716,0co WAT gets sictat ata so cesta $47,280,260 Accrued interest...... 392,397 Securities of other cos. 546,530 BOS AMAKE Sie oo cee 12,355 Spec’lfund,pier constr. 933,364 Deferred payments... 46,000 Gash icc csiets sede 309,337. Bills payable......... 2,826,924 Bills receivable....... 2,940 Accounts payable..... 404,948 Accounts receivable... 38,585 Employees’ deposits. . 31,215 Material and supplies. 239,319 Other liabilities....... 117,783 Prepaid accounts..... 63,740 Def. credit to profit & Sinking funds........ 260, 163 LOSS: savas 4 as sie tities 22,436 Surplus...........0.. 929,181 Totaly. s deinen ds $49,674,238 BO talis sce cvecd iol - $49,674,238 TRACK AND EQUIPMENT.—Miles of track operated (electric), 255.77; 368 passenger motor cars and 43 trail passenger cars, of which 117 are of the prepayment type; 1 combination passenger and mail car, 15 freight cars, 2 electric locomotives, 48 service cars, 2 wrecking cars, I wrecking crane, 5 ferry boats. OrFicers.—Pres. W. A. Bissell; V. Pres. W. R. Alberger; V. Pres, Frank B. Whipple; Sec. & Asst. Treas. R. Morrison, Jr.: Treas. Kirke Lathrop; Gen. Mgr. A. W. McLimont; Audr. B. W. Fernald: Gen. Supt. Geo. H. Harris; Supt. of Transpt. J. P. Potter; Claim Agt. John S. Mills; Traffic Mgr. F. W. Brown; Pur. Agt. Pomeroy Ladue; Supt. Equip. Geo. St. Pierre; Engr, Maint. of Way & Bldgs. Geo. H.. Binkley; Ch. Engr. Docks & Wharves, E. M. Boggs; Elecl. Engr. L. B. Cramer, Oakland, Cal. Direcrors.—W. A. Bissell, W. R. Alberger, Frank B. Whipple F. W. Frost, W. I. Brobeck, J. F. Carlston, J. K. Moffitt, , GENERAL OFFICE, Syndicate Bldg., Oakland, Cal. For map of road see page 16. OAKLAND RAILWAYS.—Incorporated in California on Aug 21, IgtT, to simplify the expenditure of money for improvements and extensions of railroad properties in Alameda‘’County, consolidated under the name of San Francisco-Oakland Terminal Railways. Capital Stock.—Common, authorized, $177,000.000; par $100 per share; preferred, $10,000,000. Funpep Dext.—Collateral trust 6 p, c. gold notes, authorized and outstanding, $2,500,000; dated Aug. 12, 1912, due June 12, 1913 but extended to Sept. 12, 1914; redeemable in whole or in part én 60 days’ notice, at par; int. payable at Anglo-California Trust €o,, San Francisco, trustee, or N. W. Halsey & Co., New York: denom $25,000; guaranteed by endorsement by F. M. Smith, of the Borax 1S McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA Consolidated Co.; in case either the Oakland Rys. or San Francisco- Oakland Terminal Railways issue bonds during the life of the notes, the first proceeds from any such issue must be applied to the redemption of these notes; secured by deposit as collateral of 33,256,000 bonds and $18,521,200 stock of controlled companies. OAKLAND TERMINAL CO.—Incorporated in California on June 14, 1912, and owns what is known as the ‘‘ Key Route Basin.” Controlled by the Oakland Railways. CariraL Srock, authorized, $6,500,000. Funpep Desr.—Collateral trust 6 p. c. notes, authorized and outstanding, $1,100,000; dated Aug. 20, 1912, due Aug. 20, 1913, but extended to Nov. 20, 1914; denom. $1,000, $2,000, $5,000 and $10,000; int. payable Feb. and Aug. at Anglo-California Trust Co., San Francisco, trustee; callable at ror and interest: guar- anteed principal and interest by the Oakland Railways; first lien on property; lien is evidenced by deed of trust in favor of the trustee to secure an issue of $5,000,000 first mortgage bonds, all of said bonds to be deposited with the trustee as collateral for the loan of $1,100,000; further secured by deposit with the trustee, sub- ject to the prior lien of 6 p. c. 10 months’ notes of the Oakland Rail- ways, of $1,843,000 Oakland Traction Co. general consolidated mort- gage 5 p.c. bonds, $1,413,000 San Francisco, Oakland & San Jose Consolidated Ry. general consolidated mortgage 5 p.c. bonds, and 65.7 p.c. of outstanding stock of the San Francisco-Oakland Terminal Rys.; $1,000,000 notes deposited with the Union Trust Co. to be used in the construction of a solid pier in place of the present temporary pier of the ‘‘Key Route” system. Interest was paid on Aug. 20, 1913, and the notes were extended. Direcrors.—Joseph Harber, J. C. McKinstrey, Leopold Oppen- heimer, Edgar Sinschimer, San Francisco; Albert Raymond, Berke- lev, Cal. ONTARIO. Pupulation in 1900, 722; in IgI0, 4,274. ONTARIO & SAN ANTONIO HEIGHTS RAILROAD CO.— Chartered Sept. 8, 1888. In 1909 granted 50-year franchise to extend line from Upland to N. Pomona, since completed. Aunual meeting fourth Tuesday in Mar. The Pacific Electric Railway acquired the stock from the Pacific Light & Power Corporation in 1912. CaPITAL Sock, authorized and issued $1,000,000; par $100. FuNDED Desr.—First mortgage 6 p. c. gold coupon bonds, prin- cipal may be registered, authorized $1,000,000, outstanding $300,000; dated Feb. 1, 1910, due Feb. 1, 1935; redeemable at ror and interest after 3 years from date; denom. $1,000; int. payable Feb and Aug. at Southern Trust Co., Los Angeles, trustee. Sinking fund of 1 p.c. per annum for 5 years on outstanding bonds begins after 3 years, thereafter 2 p. c. on bonds retired. TRACK AND EQUIPMENT.—Miles of track (electric), 14.7; 6 cars, of which 4 are motor cars and 2 trail cars. GENERAL OFFICE, 624 Pacific Electric Bldg., Los Angeles, Cal.; power station at San Antonio Heights, Cal. PETALUMA. Population in 1910, 5,880. Petaluma & Santa Rosa Railway Co.—Chartered June 20,: 1903, to build 32 miles of electric railway between Petaluma, Sebasto-, pol, Santa Rosa, Graton and Forestville. Purchased the Petaluma Street R. R. Co. and the Santa Rosa Street Rys. Owns and operates two steamers between Petalumaand San Francisco. Annual meeting first Tuesday in Feb. ; CapiraL Srock, authorized and outstanding $1,000,000; par $100. FunpDepD Denr.—First mortgage 5 p.c. gold coupon sinking fund bonds, authorized $1,000,000, outstanding $679,000, in treasury $250,-, ooo; dated Mar. 1, tg04, due Mar. 1, 1924; denom. $1,000; int. pay-. able at office of Mercantile Trust Co., San Francisco, Cal., trustee. Redeemable at I1ro. Treasury bonds are reserved for extensions at $17,500 per mile and 75 p. c. of cost; $71,000 have been retired. E Second mortgage 6 p. c. gold coupon bonds, authorized $250,000;! outstanding $217,000; dated 1905, due Apr. 1, 1915; denom. $1,000; int. payable Apr. & Oct. at office of Mercantile Trust Co., San Fran-) cisco, trustee. Redeemable at 105. : 1913. ° OrERATION.— Year ending Dec. 31, IQII. IgI2. GLOSS TEVENUC rir cotormtiontins Mud death $291,699 $308,165 $303,645: Operating: expenses. cccisccia ceases 198,269 200,410 202,6221 NOt WRCOINE oy we pane eeedyaes Woes ee Se ea 93430 107,755 101,023 CHAE Sia.d vahian cine cleak oocesernoaue aay 59,414 56,660 58,222 Surplusiavsvssaess oe eeheasy sates 4 pane 34,016 51,095 42,801 STATISTICS OF TRAFFIC. Year ending Dec. 31, IQIt. 1913. Fare passengers carried......... - 730,433 733,538 Passenger car miles run...... Seen - 350,337 352,296 a oS MOUTSAiis, caenae abit anaes eapeRae ne 2OesTie “QTD Average revenue per passenger car mile............ $.27g $.275 Operating expenses “‘ x Be 15 135 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS, LIABILITIES. Cost of road and equip.$2,049,125 Capital stock.......... $1,000,000 CaS Whee a ciceaecieo ee aal ses 13,365 Funded debt........... 896,000 Accounts receivable.... 22,520 Loans.. eres 77,000 Material and supplies.. 17,259 Accrued interest....... 14,434 Prepaid accounts...... 2,528 Accounts payable...... 17,680 Other assets... cas cecacu « 2,875 Profit & loss (surplus).. 102,558 TOta ly. wleteuws 3 van ne $2,107,672 Totalines we tsdaa sense $2,107,672 TRACK AND EquipMEN’.—Miles of track (electric), 37.36; 91 cars, 4 locomotives. Orricers.—Pres., Gen. Mgr. & Pur. Agt. E. M. Van Frank, Petaluma, Cal.; V. Pres. John A. McNear; Sec. E. T. McMurray; Treas. Geo. P. McNear; Audr. H. Von Emster; Asst. Audr. Ray Parker; Mast. Mech. H. H. Oellig; Gen. Fgt. & Pass. Agt. E. H. Maggard. Directors.—John A. McNear, Petaluma; F. A. Brush, Santa Rosa, Cal.; John Q. Brown, B. H. Dibblee, San Francisco, Cal.; E. M. Van Frank and Thos. Maclay, Petaluma, Cal. GENERAL OFFICE, 717 Balboa Bldg., San Francisco, Cal.; station, Sebastopol, Cal.; repair shops, Petaluma, Cal. sub- RIVERSIDE. Population in 1910, 15,212. Crescent City Railway Co.—Connects Riverside and Bloom- ington. Passenger service operated by Pacific Electric Railway. OpERAtION.—Year ended Dec. 31, 1913. Total operating rev- enue, $116,206; total operating expenses, $43,906, net operating rev- enue, $72,300; taxes, $1,502; operating income, $70,798; other in- come, $4,908; gross income, $75,706; hire of equipment, $1,329; sur- plus for year, $74,377. Track.—Miles of track, ro. Orricers.—Owner, W. G. Henshaw, San Francisco, Cal.; Audr. W. B. Scott; Gen. Mgr. W. J. Bohon; Ch. Engr. O. K. Dunham. GENERAL Orricr, Riverside, Cal. SACRAMENTO, Population in 1900, 29,282; in 1911, 60,000 (estimated). SACRAMENTO ELECTRIC,.GAS & RAILWAY CO.—Chart- ered Apr. 4, 1896, as a consolidation of the Sacramento Electric Power & Light Co., and the Folsom Water Power Co. Annual meeting third Tuesday in Jan. Owned and operated by the Pacific Gas & Electric Co., of San Francisco. CariraL Srock, authorized, $2,500,000; issued, $1,858,400, of which $1,856,800 is owned by the Pacific Gas & Electric Co.; par value, $100 per share. FuNnDED DEBr.—Sacramento Elect., Gas & Ry. Co. first mortgage 5 p. c. bonds, authorized $2,500,000, outstanding $2,161,000; in escrow to retire prior lien, $215,000; coupon, but may be registered; dated Nov. 1, 1897, due Nov. 1, 1927; denom. $1,000; int. payable May and Nov. at office of Mercantile Trust Company, San Francisco, or Guaranty Trust Co. of New York; $5,000 were retired annually from 1902 to 1906, and €10,0v0 annually from 1907 to rgIt. By the terms of a supplemental mortgage the right to callall or any of the bonds at 103 has been rescinded, but this does not affect the right to continue to retire bonds as follows: $20,000 per annum from IgI2 to 1916 in- clusive; $30,000 per annum from 1917 to 1921 inclusive; $40,000 per annum from 1922 to 1926 inclusive. Central Electric. Railway Co.'s first mortgage 6 p. c. gold bonds, authorized $400,000, outstanding $215,000; coupon, but may be regis- tered; dated June t, 1892, due June 1, 1912 to 1922 (serially); $25,000 due yearly, from June 1, Ig12, to June I, 1922; denom. $500 and $1,000; int. payable July and Dec. at office of Company, Mercantile Trust Co., San Francisco, trustee, or Union Trust Co., New York City. TRACK AND EQUIPMENT.—Miles of track (electric), 42; 59 motor and 2 other cars. Orricers.—Pres. & Gen. Mer. John A. Britton; V. Pres. F. G. Drum; Sec. & Treas. D. H. Foote. GENERAL OFFICE, 445 Sutter St., San Francisco, Cal.; repair shops, 28th and M Sts., Sacramento, Cal, SAN DIEGO. Population in 1900, 17,700; in 1910, 39,578. San Diego Electric Railway Co.—Chartered 1891. Purchased the South Park & East Side Ry. Co., the San Diego Street Car Co., and the electric division of the Coronado R. R. Carrrat Stock, authorized and issued, $5,000,000 (less unpaid on issued stock, $3.750,000); owned entirely by The J. D. and A. B. Spreckels Securities Co., of San Francisco. Funpep Drsr.—First mortgage 5 pe ic authorized $5,000,000, issued $1,700,000; dated 2, 1934; denom. $1,000; int. payable Jan. 2 and Co. of San Francisco, trustee. gold coupon bonds, Jan. 2, 1909, due Jan. July 2 at Union Trust CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 19 TRACK AND EQuipMENT.—Length of road, 38.87; miles of track (electric), 63.5; 97 double truck and 11 single truck passenger motor cars, 5 passenger trail cars, 4 service cars, OrFicers.—Pres. J. D. Spreckels, San Diego, Cal.; V. Pres. & Mng. Director, Wm. Clayton; Gen. Counsel, H. L. Titus; Sec. & Treas. Claus Spreckels; Gen. Audr. A. H. Kayser; Gen. Supt. B. M. Warner; Supt. M. J. Perrin; Pur. Agt. Geo. Holmes; Ch. Engr. of Power Station, G. K. Hellerman; Supt. Motive Pwr. H. MacNutt; Park Mgr. Jno. Davidson. Drirectors.—Jno. D. Spreckels, W. Clayton, H. L. Titus, Chas. T. Hinde, B. M, Warner, all of San Diego, Cal. GENERAL OFFIcE, Union Bldg.; power station and repair shop, E and Arctic Sts., San Diego, Cal. San Diego & South Eastern Railway Co.—Incorporated Mar. 2, tgI2, to take over the property of the San Diego Southern Ry. Co. and the San Diego & Cuyamaca Ry. Co. The San Diego Southern Ry. Co., which was chartered in Feb., 1908, purchased the National City & Otay Ry., also the Coronado R.R. steam line division, 21 miles in length. Electric cars operate over about 12 miles of the road, extend- ing from San Diego through National City to Otay. Controlled by the owners of the San Diego Electric Ry. Co. Annual meeting third Monday in Feb. CapiraL Stock, authorized and outstanding, $1,650,000. TRACK AND EqQuipMENT.—Miles of track (electric), 12; total owned (steam and electric), 73.54; total operated, 75.09; 8 electric, 23 steam passenger cars, 2 work cars, 325 freight cars, 1 caboose and r4 loco- motives. Orricers.—Pres. J. D. Spreckels, San Francisco; V. Pres. & Mng. Dir. W. Clayton; Gen. Counsel, Harry L. Titus; Sec. & Treas. Claus Spreckels; Gen. Audr. A. H. Kayser; Gen. Supt. B. M. War- ner, San Diego; Supt. R. Craig, San Diego; Pur. Agt. Geo. Holmes, San Diego; Mast. Mech. H. A. Leffert, San Diego. Direcrors.—Jno. D. Spreckels, Claus Spreckels, Wm. Clayton, H. L. Titus, C. L. Bundy. GENERAL OrFice, Union Bldg., San Diego, Cal.; repair shops, National City and San Diego. Point Loma Railroad Co.—Incorporated July 7, 1908. nects San Diego, Roseville and Ocean Beach, Cal. from the San Diego Electric Ry. Co. in July. CAPITAL Srock, authorized, $250,000. FUNDED Dest, authorized, $130,000. Tracx.—Miles of track, 8.19. Equipment of the San Diego Electric Ry. Co. used. Orricers.—Pres. D.C. Collier; V. Pres. & Mng. Dir. W. Clayton; Sec. & Gen. Counsel, H. L. Titus; Treas. Claus Spreckels; Gen. Audr. A. H. Kayser; Gen. Supt. B. M. Warner; Supt. M. J. Perrin; Pur. Agt. Geo. Holmes, San Diego, Cal. Drrecrors.—John D. Spreckels, W. Clayton, Harry L. Titus, D. C. Collier, Claus Spreckels, all of San Diego, Cal. Orrick, Union Bldg., San Diego, Cal. Con- Power purchased Annual meeting first Monday Los Angeles & San Diego Beach Railway.—Purchased the San Diego, Oldtown & Pacific Beach R. R. and the San Diego, Pacific Beach & La Jolla R. R. Connects San Diego, Old Town, Pacific Beach and La Jolla. TRACK AND EQUuIPMENT.—Miles of track (electric), 1.5; steam and gasoline, 16.1; 59 cars; 2 gasoline motor cars; 3 electric cars and 4 steam locomotives. Orricers.—Pres. E. S. Babcock, San Diego, Cal.; .V. Pres., Supt., Pur. Agt. & Elec. Engr. R. B. Talbot; Audr. A. L. Goodrich; Road- master, C. M. Ailland, all of San Diego, Cal. GENERAL OFFICE, power station and repair shops, San Diego, Cal. SAN FRANCISCO. Population in 1900, 342,782; in IgIo, 416,912. California Midland Railroad Co.—Chartered in 1905. Muni- cipal franchise granted Jan., 1906, for 50 years. Capital Stock, authorized $3,000,000, outstanding $70,000, FunDED Destr.—First mortgage 5 p. c. sinking fund gold bonds, authorized $3,000,000, outstanding $1,800,000; reserved to retire un- derlying bonds, $200,coo; balance for acquisition of new property; dated May, 1907, due May, 1947; denom. $1,000; coupon, may be registered; int. payable May and Nov. at Mercantile Trust Co., San Francisco, Cal., trustee. Subject to call at rro and interest after Mar, 31, 1917. Sinking fund begins in 1917. TRACK AND EQUIPMENT.—Miles of track completed, 2 (70 con- templated). Orricers.—Pres. John Martin; V. Pres. E. J. De Sabla, Jr.; Sec. H. Wallack; Treas. Geo. A. Aldrich; Ch. Engr. C. F. Trow. GENERAL OFFICE, 454 California St., San Francisco, Cal.; repair shops, Marysville, Cal. Geary Street Municipal Railway. OvERATION.—For the seven months ended July 31, 1913, with partial operation of the road, the city showed the following: Rev- enues, $181,760; actual expenses, $92,749; gross operating profit, $89,011; deduct depreciation sinking fund, being 18 p.c. of passenger revenue, $32,679; balance, $56,332; deduct interest on bonds, $36,968; net profits, seven months ended July 31, 1913, $19,364. TrAck AND EQuipMEN’T.—Miles of track, 5.46; 43 cars. Orricrers.—Supt. T. A. Cashin; Asst. Supt. F. Boeken; Ch. Engr. Wm. Larned; Mast. Mech. W. Bendel. GENERAL OFrrice, Geary & Josephine Sts., San Francisco, Cal. Geary Street, Park & Ocean Railroad Co.—Chartered Nov. 8, 1878. Annual meeting first Wednesday after second Tuesday in Apr. This company’s franchise expired Nov. 6,1903, and a new franchise was asked for; but on Dec. 30, 1909, the city voted to issue $2,020,000 bonds to reconstruct the road and to operate it under city officials. On April 30, 1912, the Board of Supervisors of San Francisco, Cal., directed that the company be notified to cease the operation of its cars on May 5, Ig12, so that the city could tear up the tracks and lay the rails for the municipal railroad. Operation discontinued on May 5, 1912. Thetracks, as well as all other items of physical property, including cars,etc., that were convertible into cash, were then removed and sold. The affairs of the company were then wound up so far as operations were concerned. CAPITAL Srock, authorized and issued, $1,000,000; par value, $100 per share; $37 50 paid in. DIVIDENDs.—Company has paid dividends of 50 cents per share. In 1895, 6 dividends were paid; in 1896, 5 dividends; in 1897, 3 dividends; in 1898, 1899, 1900, 6 dividends; in 1901, 5 dividends of 50 cents and 1 dividend of $1; in 1902, 5 dividends of 50 cents; Feb., Apr. and June, 1903, 50 cents each. None since. FuNDED Drgpr.—First mortgage 5 p.c. bonds, authorized $1,000,- 000, issued $671,000; dated Oct. 1, 1891, due Oct. 1. 1921; int. payable Apr. and Oct.; Mercantile Trust Co. of San Francisco, trustee of mortgage. Beginning 1911, $10,000 payable into a sinking fund annually for redemption of the bonds. Orricers.—Pres. W. H. Crocker; V. Pres. C. E. Green: Sec. & Treas. J. E. Polhemus. Direcrors.—J. E. Polhemus, C. E. Green, W. H. Crocker, W. G. Morrow, Vanderlynn Stow, R. F. Morrow, E. S. Pillsbury, all of San Francisco, Cal. GENERAL OFFICE, Crocker Bldg., San Francisco, Cal. Ocean Shore Railroad Co.—Organized in 1911 in California as successor to the Ocean Shore Ry. Co., sold Jan. 17, 1911, under foreclosure to a bondholders’ committee for $1,035,000, and turned over to the new owners Feb. 2, 1911. Municipal franchises in Santa Cruz and San Francisco were granted Oct. 5, 1905, for 50 years. Will connect San Francisco, Granada, Half Moon Bay, Pesca- dero and Santa Cruz, about 80 miles. Thirty-eight miles of track from San Francisco south and 16 miles from Santa Cruz north are completed and in operation CapiraL Srock.—Authorized $5,000,000, issued $4,796,300, out- standing $3,856,950; par value, $100. EARNINGS.—Year ending Dec. 31, Igt2. 1913. Gross Carmine ievce Lave wisenuaiy wees ne He aay ae ae $272,162 $270,282 Operating expen'seSi« vss semcanen sn eae cen 253,380 261,020 Net CARMINE Shay cycenauiot shun eaten des ope 2 18,782 9 262 TRACK AND EQuipMENT.—Miles of track 54, operated by steam temporarily; 2 motor cars. Orricers.—Pres. F. W. Bradley, V. Pres. & Gen. Mgr. John G. Sutton; Sec., Treas. & Audr. J. W. Crosby; Mast. Mech. P. G. Sanborn, all of San Francisco. Direcrors.—F, W. Bradley, Chas. C. Moore, Maurice Schweit- zer, John G. Sutton, Henry E. Bothin, San Francisco; R. D. Robbins, Suisun, Cal.; C. E. Lilly, Santa Cruz. GENERAL OFFICE, 52 Eleventh St., and repair shops, San Fran- cisco, Cal. — United Railways Investment Co.—Incorporated in New Jersey on Feb. 17, 1902, to acquire, hold or deal in stocks and bonds of other corporations. Annual meeting first Friday in May. Owns or con- trols, either directly or indirectly through stock ownership, all the $6,874,400 preferred stock and the $40,000,000 common stock and 1,760 shares of the 7 p. c. prior preference stock of the California Railway & Power Co., which owns or controls all outstanding stocks, except directors’ shares, of the United Railroads of San Francisco, the Sierra & San Francisco Power Co., the Coast Valleys Gas & Electric Co. and the San Francisco Electric Railways. Owns all the $5,500,000 stock of The Railroads & Power Development Co., and $24,200,000 common stock of the Philadelphia Co., upon which divi- dends of 6 p. c. have been paid from 1906 to TgTO inclusive, and there- after 7 p. c. Also owns, among other securities, $500,000 series “A” bonds of the Sierra & San Francisco Power Co. A committee of stockholders, of which Mason B. ident, is chairman, submitted a plan dated March 1 adjusting the debt and income of the company, Starring, pres- h 8, 1914, for re- retiring the $1,462,500 20 McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA preferred stock dividend certificates and the arrears of dividends, and thus preparing for the resumption of dividend payments. The plan contemplates the ultimate reduction of the company’s securities to three classes: Collateral trust 20-year 5 p. c. bonds (Pittsburg issue), prior preference stock and common stock; the extinguishment of the three issues of preferred stock dividend certificates, the 6 p. c. serial notes and the 6 p. c. convertible bonds of 1910; and the offering to preferred shareholders of an opportunity to acquire, through an ex- change for common stock, more than a one-third interest in all the equity of the property, and share to that extent in any dividends dis- tributed to the common stock. The total authorized issue of the new prior preference 7 p.c. cumulative stock will be $12,500,000. Of this amount there was to be issued presently and sold at par in cash $4,368,000 for the purpose of retiring $1,462,500 preferred stock dividend certificates, $1,300,000 serial 6 p. c. notes, $810,000 convert- ible 6 p. c. bonds and about $600,000 floating debt. Of the balance, $8,000,000 stock was reserved for partial exchange of the existing $16,000,000 preferred stock, and $132,000 was issuable at not less than par on vote of the directors. The plan contemplates increase of the authorized common stock from $31,000,000 to $32,400,c00, providing $12,000,000 unissued com- mon stock to be used in partial exchange for present preferred stock. The present authorized issue of preferred stock would be reduced from $25,000,000 to $16,000,000, and would be further reduced as the stock was surrendered for cancellation and retirement. The plan also provides that each shareholder should be given an option to subscribe for the $4,368,000 new preference stock at par to an amount equal to 12 p.c. of the par value of the stock held. Preferred or common assenting shareholders not desiring to sub- scribe had the option of participating in the underwriting of the $4,368,000 prior preference stock. CariraL Stock.—Common, authorized $31,000,000, issued $20,- 400,000; preferred, authorized $25,000,000, outstanding $16,000,000; par, $100. The preferred stock can be retired at r1o. DivipENps.—The first dividend of 1% p.c. on preferred was paid Jan. 3, 1903. Semi-annual dividends of 1% p. c. were paid in July, 1903, and Jan., rg0q. In July, 1904, 134 p.c ; Jan., 1905, 2 p.c.; July, 1905, 2p. c.; and Jan., 1906, 244 p.c.; Apr. 434 p.c. in scrip; July, 1906, 2% p.c. Scrip; in Jan., 1907, 214 p.c. inscrip; none since. FunpbED Dexsr.—Collateral trust sinking fund 5 p. c. gold bonds, authorized $20,250,000, outstanding $18,150,000, of which $471,000 are held by trustee in sinking fund; coupon, but may be registered; dated 1906, due May 1, 1926; denom. $1,000; int. payable May and Nov. at Guarantee Trust & Safe Deposit Co., Philadelphia, and New York Trust Co., New York, trustee; subject to call on any interest date at 105 and interest; sinking fund, 1 p. c. annually of bonds outstand- ing, began May 1, ro1I, fund to be invested in the bonds at not more than 105 and interest. Secured by deposit of the common stock of the Philadelphia Co. Nores.—Six p. vc. serial notes, authorized $3,500,000, outstanding $1,500,000; dated 1908, due $200,000 semi-annually; $200,000 have been paid semi-annually from Feb. 15, 1909, to and including Aug. 15, 1913. Secured by deposit of first preferred stock of United Rail- roads of San Francisco. Convertible 6 p. c. gold bonds, authorized $6,000,000, outstand- ing $852,000; dated 1910, due June 1, 1930; denom. $1,000; int. payable Feb. and Aug. 1; convertible into common stock at par; Central Trust Co., New York, trustee. STATEMENT OF INCOME AND PROFIT AND LOSS. Year ending Dec. 31, IgIil. Igi2. 1913. Dividends on stocks owned........$2.044,672 $1,984,172 $1,998,850 Interest on loans and bonds...... 91,864 276,078 135,374 Gross income...........eee ee ee eee 2,136,536 2,260,250 2,124,224 Salaries and other charges......... 70,537 79,068 63,727 Interest and miscellaneous......... 1,225,172 41,191,537 1,164,158 Net income for the year............ 840,827 989,645 906,339 Profit & loss (surp. at begin. of yr.). 2,368,778 3,110,230 4,256,542 Profit and loss (gross surplus)..... 3,209,605 4,099,875 5,162,881 Adj. of Phila. Co. dividend....... 121.000 Discount on bonds purchased by trustee for sinking fund....... 35,667 59,646 Profit and loss (charge) .........-+ 99,375 Profit and loss (surplus).......... 3,110,230 1256,542 5,222,527 BALANCE SHEET.—Dated Dec. 31, 1912. ASSETS. LIABILITIES. Stock. owned ....c-..20. $61,263,072 Capital stock......... $36,400,000 Other securities...... 938,288 Col. trustsink. fd. bds. 17,927,000 Notes and accounts re- Conv. 6p.c. gold bds.. 1,229,000 COWEDIOS «ste rexa xo 1,245,110 Notes, 6 p.c. of 1908.. 1,900,000 Cash vecewesccsciegele 38,121 Pref. stock div. cert.. 1,462,500 Accrued interest... 51,475 Loans & notes pay.... 553,417 Dividend payable Feb. Bond coup. not pres.. 10,183 Tp MOT 3.8.2 dee eeseacae 423,500 Accounts payable..... 63,780 Other current assets.. 95,619 Int. on div. cert. pay- able Jan. 3, 1913.... 18,752 Accrued interests..... 234,011 Profit & loss (surplus) 4,256,542 T Ota eccenctaeg oes 48 $64,055,185 Total. ..............864,055,185 OrricEers.—Pres. Mason B. Starring; V. Prests. Geo. W. Bacon, Sidney H. March; Sec. & Asst. Treas. W. J. Duane; Treas. B. S. Guinness; Asst. Sec. & Asst. Treas. M. V. R. Weyant. Direcrors.—Mason B. Starring, Geo. W. Bacon, B. S, Guinness, Patrick Calhoun, Sidney H. March, Emil Loeb, Eben Richards, Moritz Rosenthal, all of New York City; Henry J. Bowdoin, Baltimore, Md.; Jas. H. Reed, Jas. D. Callery, Pittsburg, Pa.; Geo. E. Shaw, Philadelphia, Pa.; F. S. Smithers, New York; Fred’k B. Van Vorst, New Jersey; Jacob K. Newman, New Orleans, La. TRANSFER AGENYS, Bankers Trust Co., 16 Wall St., New York City, and Guarantee Trust & Safe Deposit Co., Philadelphia, Pa. REGISTRAR OF TRANSFERS, United States Mortgage & Trust Co., 59 Cedar St., New York City, and Fidelity Trust Co., Philadelphia, Pa. Corporate OFFICE, 15 Exchange Place, Jersey City, N. J. CALIFORNIA RAILWAY & POWER CO.—Incorporated in Delaware on Dec. 18, 1912. Controlled by the United Railways Investment Co. through ownership. either directly or through subsid- iaries, of the outstanding preferred stock and common stock. Under the plan of organization $3,000,000 outstanding prior pref- erence stock was sold, to a syndicate organized by E. H. Rollins & Sons, especially for acquisition of $2,000,000 United Railroads of Sun Francisco notes and in part payment for $2,000,000 Coast Valleys Gas & Electric Co. preferred stock. Preferred stock to the amount of $6,874,400 was exchanged under the plan for other securities, as fol- lows: $2,285,800 par for par for 7 p. c. first preferred stock of the United Railroads of San Francisco; $2,714,200 reserved and exchanged from time to time for an equal amount of 7 p.c. preferred stock of the United Railroads of San Francisco, the title to which was passed at once, but the delivery of which is made as the serial notes of the United Railways Investment Co., under which they are deposited as collateral, are paid; $1,874,400 issued in part payment for stocks for which the $40,000,000 common stock was also issued in part payment. The stocks for which the common stock was issued in part payment are as follows: United Railroads of San Francisco, $20,000,0co pre- ferred, $8,801,400 common; Sierra & San Francisco Power Co., $19,- 999,000; Coast Valleys Gas & Electric Co., $2,000,000 preferred and $2,999,500 common; San Francisco Electric Railways, $9,997,500. The stocks last mentioned comprise the entire capital stocks in each case, except qualifying shares held by directors and $9,146,100 United Railroads of San Francisco common stock, which remained in the treasury of the San Francisco Electric Railways, all of whose stock is owned by the California Railway & Power Co. Part of the stock of the California Railway & Power Co. is owned directly by the United Railways Investment Co. and part by The Railroads & Power Develop- ment Co., all of whose outstanding stock, except directors’ shares, is owned by the United Railways Investment Co. The plan provides for eventual dissolution of The Railroads & Power Development Co. and the transfer of the stock of the California Railway & Power Co., then held in its treasury, directly to the Investment Company. CariraL Stock.—Prior preference, authorized $5,000,000, out- standing $2,900,000; dividends cumulative 7 p.c. payable Jan., April, July and Oct. 1, and subject to declaration and payment so far as surplus and net profits permit; par $100; the first $3,000,000 is redeem- able at par, and the company agrees to redeem the stock at par as follows: On Jan. 1 of each year, 1914 to 1917 inclusive, $100,000 yearly, and on Jan. I, 1g18 to 1927, $260,000 yearly, the sinking fund charges under this provision to be cumulative; no future issues are to be re- deemable until cancellation of the first $3,000,000; no mortgage, pledge, hypothecation or other incumbrance can be created that does not provide for cancellation of all of the prior preference stock then outstanding; the $2,000,000 prior preference stock not issued is sub- ject to redemption when issued at 115, and is issuable only for the acquisition of securities of the United Railroads of San Francisco or of a successor company. Preferred stock, 7 p. c. cumulative, $10,- 000,000 authorized, $6,874,400 outstanding; dividends payable from surplus or net profits when and as declared by the board for such periods and on such days as the directors may determine before divi- dends can be paid on the common stock; subject to redemption at 115. Common stock, authorized $45,000,000, outstanding $40,000,000, entitled to dividends if, when and as declared by the board out of surplus or net profits, but the directors may, in their discretion, before paying dividends on the preferred or common stocks in any year, fix the amount, if any, to be reserved as working capital, and may, in their discretion, after the entire $3,000,000 of prior preference stock first issued has been retired, set aside in any year funds to be used for the redemption of prior preference stock then outstanding. Equal voting rights are held by each class of stock. In case of liquidation or dissolution, the prior preference stock with cumulated dividends shall be paid, and thereafter the preferred stock and cumulated divi- dends to the date of distribution. The remaining assets shall be dis- tributed ratably among holders of the common stock. _ Divipenps.—On prior preference stock, dividends of 13f poe. paid Apr. 1, July 1, Oct. 1, 1913, and Jan. 1, 1914. : EARNINGS.—Consolidated companies, year ended June 30, 1912, exccpt Coast Valleys Gas & Electric Co., which is included only for period March 20 to June 30, 1912: GLOSS CAT MIN GS eo oa. aces seinen crepe... -o-o wanna wns ons $9,102,149 Operating expenses, including current expenditures for maintenance and repairs and taxes............ 4,983, 104 Net earnings..... Il THING Sint wa reas den Ven vere 4 yA Wideiatasaad ya ba eae ,11g9,0 Other INCOnTe sek Gunes vue pe eh ek BOA ae eted 5 a5 ic herons Doge ae ’ Total income 4,396, 199 MAP OF THE ITY OF SAN FRANCISCO SHOWING THE LINES OF THE UNITED RAILROADS OF SAN FRANCISCO KEY ELECTRIC LINES CABLE es see oe ee ee CARKSIDE ‘6 See 8 @ae Beane wecaea PUBLIC 8Q. MOUSE OF SOUTHEREN BOUNDARY SAN MATE FRANCISCO COUNTY line from Bay to Ocean is 45000 feet. FOR EWINEIEED-SCOZEE FORMERLY- FORT-POINT: LAUREL ALLL CALVARY sy Oo 0D. ) a ceM. = be . FELLOWS jun _ Zl Rape \cem: Sasterce 7 hi mM z ASONIC G Cours! CEM. (LF Tse VLA Case LEEE “Te: . = B= (— Avenue 2 er a es Se ot o Ss 'ROSPITA 1 = —— al sfyss0ut —— sr\Geteatl = = aan ota. we cw }sg0ul e aro: O—arkansas u me I?! .) aS an Br oe Extension a 8s —F =25] msell i H Bixby-c: ard se os 3 3] Get Ts SAN FRANCISCO Nee" JMATEO 3. BOUNDARY : OF oe SAN Vs Ge CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 21 IgI2. Deductions from incomes: 52: 3444 scaswec vous canes ie $50,547 Net income applicable to fixed charges. ............0.005 4,345,052 Interest and other fixed charges..............00000- 2,729,342 NGtINGOME. oo .c.ca55 scan atta ameay dabediee a eanes 1,616,310 Sinking findSecccia vc cadcwacneken deen caw ean ae Da aaees 595,816 Surplus from operations after payment of interest and other fixed charges, as stated above, and sinking funds.... 1,020,494 SAN FRANCISCO ELECTRIC RAILWAYS.—Incorporated on Feb. 17, 1909. In July, 190g, acquired the Parkside Transit Co. and the projected Visitacion Valley line. In rg10 was leased to United Railroads of San Francisco. CapiITAL Stock, authorized and outstanding, $10,000,000; all but directors’ shares owned by California Railway & Power Co., a sub- sidiary of United Railways Investment Co. Funpep Dresr.—First mortgage 5 p. c. bonds, authorized $10,- 000,000, outstanding $1,416,000; dated 190g, due Jan. 1, 1932; Union Trust Co., San Francisco, trustee. Guaranteed, principal and interest, by United Railroads of San Francisco. UNITED RAILROADS OF SAN FRANCISCO.—Incorpor- ated on Mar. 4, 1902, in California, and is a consolidation of the fol- lowing street railways in San Francisco: Shares Name of Company. Acquired. Market St. Ryo: wos. acawivee yaad peaees yaaa aie 186,025.27 Sutter St. Ry: Co: ss sciuscaeauin e's: eee w ss aged acetins 19,888 yO a A Gye sas os ey ews BAe cas ee vi eee 22,946 SPSS. M BleG. RY (COssisw ean eek vais Oh BAG ee Bees 10,000 TOtaly: so.g2.0 eb scm necaatateon cles Pete eee es 238,859.27 Ownsand operates a suburban line to San Mateo, and in 1Ig10 leased the San Francisco Electric Railways and the Gough Street Railroad. Controlled by the United Railways InvestmentCo. Annual mecting in March. FRANCHISES.—Out of a total of: 267.44 miles, the franchises for 11.54 miles only expire prior to1g29. All of the other franchises ex- pire between 1929 and 1952. CavrraL Stock.—Common, authorized and outstanding, $17,948,- 600; preferred, 4 p. c. cumulative, authorized and outstanding, $20,- 000,000; first preferred 7 p.c. cumulative, authorized and outstanding, $5,000,000; preferred as to assets and dividends. Ali of this stock, except sufficient to qualify directors, is owned by California Railway & Power Co., a subsidiary of the United Railways Investment Com- pany, and subsidiary companies. DIvIDEND.—First dividend on first preferred stock paid Feb., 1909, and since then 3% p. c. has been paid semi-annually; on 4 p. c. pre- ferred from 1902 to Mar. 31, 1906, inclusive, 4 p.c.; on common, first dividend paid Mar., 1906, 14 p.c.; none since. FunpEep Drst.—General first mortgage sinking fund 4 p. c. gold bonds, dated June 7, 1902, due Apr. I, 1927; denom. $1,000; coupon, with privilege of registration of principal; interest Apr. and Oct.; payable in San Francisco or New York; authorized, $35,275,000; reserved to retire underlying liens, $9,866,000; (the balance of the amount necessary to take up these liens as they mature will be pro- vided by the operation of the several sinking funds of the underlying bonds heretofore created for those bonds). Issued and outstanding, $23,904,000, of which $50,000 have never been sold, and $259,000 have been reacquired by the company and are now held in treasury. Dating from Jan. I, £905, a sinking fund of 2 p.c. of the gross earn- ings, but not less than $100,000, in any one year, became operative, through the operation of which $1,505,000 bonds have been retired and cancelled; trustee, Union Trust Co. of San Francisco. Market Street Ry. Co.’s consolidated mortgage 5 p. c. gold bonds, authorized $17,500,000, outstanding $7,341,000; dated Sept. 1, 1894,due Sept. 1, 1924; denom. $1,000; coupons Mar. and Sept., payable in San Francisco; Union Trust Co. of San Francisco, trustee. Com- mencing Sept. 1, 1918, and annually thereafter until all bonds are paid, there shall be set apart from net income, or from proceeds of sales of Jands, etc., $160,000 as a sinking fund for redemption of bonds. Sutter Street Ry.Co.’s first mortgage 5 p. Cc. gold bonds, authorized and issued, $1,000,000; dated May 1, 1888, due May 1, 1918; denom. $1,000, coupon interest May and Nov., at treasurer’s office, San Francisco; trustee, Union Trust Co. of San Francisco. On May 1, 1908, and annually thereafter, a sinking fund of $50,000 is provided and bonds may be called therefor at par and interest in numerical order. Market Street Cable Ry. Co.’s first mortgage 6 p. c. gold bonds, authorized $3,000,000, outstanding $1,800,000; dated Jan. 1, 1883, due Jan. 1, 1913, but extended to Dec. 15, 1915; denom. $1,000; coupon; int. payable June 15 and Dec. 15, at companys office in San Fran- cisco; J. O'B. Gunn and Union Trust Co. of San Francisco, trustees; $1,200,000 retired. The Omnibus Cable Co.’s first mortgage 6 p. c. gold bonds, au- thorized and issued, $2,000,000; dated Apr. 2, 1888, due Apr. 2, 1918; denom. $1,000; coupon; interest Apr. 2 and Oct. 2, in San Fran- cisco; trustee of mortgage, Union Trust Co. of San Francisco. For sinking fund purposes there shall be set apart from net income the following percentages of the aggregate bonds outstanding : On April 1, 1898, and annually thereafter for 4 years, 2 p. c.; on April I, 1903, and annually thereafter for 4 years, 4 p. c. ¢.; on April 1, 1908, and annually thereafter for 4 years, 6 p. c.; on April 1, 1913, and annually thereafter for 4 years, 8 p.c. Ferries & Cliff House Ry. Co. first mortgage 6 p. c. bonds, au- thorized $650,000, outstanding $600,000; dated Mar. 1, 1889; $50,000 retired and canceled at maturity, Mar. 1, 1914, but $600,000 extended to Dec. 15-31, 1914; denom. $1,000; coupon; int. payable June 30 and Dec. 31, 1914, at United Railroads of San Francisco; Union Trust Co., San Francisco, trustee. Equipment trust certificates, 6 p.c. gold, authorized $400,000, out- standing $250,000; dated 1910, due $50,000 annually from June 15, 1914, to June 15, rgr8, inclusive; int. payable June 15 and Dec. 15; Union Trust Co., New York, trustee. Guaranteed, principal and interest, by United Railways Investment Co. Secured by 80 pay-as-you-enter cars. Equipment trust notes, 6 p. c., authorized $300,000, outstanding $270,000; dated July 1, 1912, due $30,000 annually from July 1, 1914. to 1922; denom. $1,000; int. payable Jan. and July at Anglo-California Trust Co., trustee, or E. H. Rollins & Sons, New York; redeemable at 102% and interest on any interest date after 60 days’ notice. Secured by 65 pay-as-you-enter cars. Ten-year 5 p. c. gold notes, outstanding $1,000,000; dated 1906, due 1916; redeemable after 5 years at par. Income deferred 6 p. c. notes, issued $1,229,000, outstanding $810,000. Promissory notes, 7 p.c., issued $2,000,000; dated Dec. 23, 1912, payable on or before June 15, 1913. OpERATION.—Year ending Dec. 31,. IQII. 1912. 1913. Passenger revenue................87,836,136 $8,416,175 $8,496,854 All other sources... 2... eee eee ees 50,000 55,500 56,000 Gross income......---e..0 eee eee 7,886,136 8,471,675 8,552,854 General expenseS,............ 600,026 580,780 644,063 Transportation expenses...... 2,798,336 2,870,360 2,946,666 Maintenance of way & struct.. 368,613 542,461 604,455 oe ‘* equipment.... 535,996 468,981 472,912 Operating expenses...........+++. 4,302,971 4,462,582 4,068,696 Gross income less operating exps.. 3,583,165 4,009,093 3,884,158 Taxes and licenses............. 404,000 416,000 495,000 Net €athings 0054 coecsehace cam ee: 3,179,165 3,593,093 3,380,158 OtheHincoMe.ciccwaviceseiesns 264,627 285,322 170,610 Total income... ...... 0.6.0.0 ee eee 35443.792 3,878,415 3,559,768 Interest on bonded debt....... 1,812,410 1,806,576 1,663,243 Other interest... .........000. 193,803 185,723 296,475 Rentals and Tegs@s. ons ccan des 89,000 78,800 76,800 Net income for year... ............ 1,348,579 1,807,316 1,523,250 Renewals, depreciation and contingencies ..... .....4.. 473,168 183,607 257,581 Bond sinking fund reserve.... 339,620 655,758 474,432 Dividends on 1st preferred.... 350,000 350,000 350,000 Surplus... ecces eee e eee ce eee eee es 185,791 617,951 441,247 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES Cost of road & equip- Capital stock. rst pref.$ 5,000,000 ment,.......- .. $82,044,745 = “« preferred 20,000,000 Equipment purchased ‘“ common. 17,948,600 wider tfUust uc usec 924,739 Funded debt......... 38,714,000 Capital stocks owned 3,978 Current liabilities..... 4,237,274 Funded debt owned.. —1,333,114. Taxes accrued and not Cash & current asscts 855,923 FC UG asic ts dety wens 204,485 Unadjusted account.. 21,312 Int. on funded debt ac- Sinking & other spe- crued & not yet due 437,907 cial 1andSss veases s 2,231,825 Misc. int. accrued and not yet due........ 28,489 Accrued for sinking funds not due...... 134,783 Accrued for contribu- tions not due....... 19,090 REServesin.2ainsue dents 228,869 SUPplUSseseeviece sa x 462,139 T6tall hvaaseekateend $87,415,636 otal y-avacusy steno 3 $87,415,636 TRACK AND EQUIPMENT.—The company controls and operates 271.58 miles of track, electric, cable and steam; 836 cars, of which 771 are electric motor and special cars and 65 cable cars. Orricrers.—Pres. Jesse W. Lilienthal; Asst. to Pres. Thornwell Mullally; V. Pres. & Gen. Mgr. Chas. N. Black; Sec. & Compt. Geo. B. Willcutt; Treas. A. M. Dahler; Acting Gen. Supt. H. T. Jones; Acting Pur. Agt. T. C. Morris; Claim Agt. J. H. Handlon; Engr. Maint. of Way & Const. B. P. Legare, Ch. Elecn. S. L. Foster; Engr. Steam Equip. J. H. Stott; Engr. Elec. Equip. W. T. Bivins; Mast. Mech. J. M. Yount, sm) McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA Dikxecrors.—Chas. N. Black, John A. Buck, Washington Dodge, A.W. Foster, B. S. Guinness, Jesse W. Lilienthal, J. C. McKinstry, A. U1. Payson, H. T. Scott, L. S. Sherman and Geo. B. Willcutt. GENERAL OFFICE, 58 Sutter St.; power stations (Sierra & San Francisco Power Co.); main station (water), on Stanislaus River in Tuolumne County, Cal.; reserve steam stations at Bryant and Alameda Sts. and Beach and Laguna Sts., San Francisco; repair shops, San Jose and Geneva Aves., San Francisco, For map of system see inset between pages 20 and 21. Pacific Gas & Electric Co.—Incorporated on Oct. 10, 1905, and owns in absolute fee all of the properties formerly owned by the San Francisco Gas & Electric Co., the California Gas & Electric Corpora- tion, and the following, which were formerly owned by that Corpora- tion:—Sacramento Electric Gas & Ry. Co., California Central Gas & Electric Co., Fresno Gas & Electric Light Co., Bay Counties Power Co., Oakland Gas, Light & Heat Co., Standard Elec. Co., Berkeley Electric Lighting Co., South Yuba Water Co. . United Gas & Electric Co., Valley Counties Power Co., Stockton Water Co., Blue Lakes Water Co., Central California Electric Co., and Vallejo Gas Co. The electric generating stations have a combined capacity of 211,137 H. p., of which 117,037 H. P. is generated by water power and 94,100 H. Pr. at steam stations. The company also has at present under con- struction water power plants that will ultimately add 134,048 H. P. generating capacity to the system. The total number of miles of trunk power lines operating at 60,000 volts is 1,223 miles, and of dis- tributing lines operating at less than 60,000 volts, 3,430 miles. Annual mecting second Tuesday in Apr. CaprraL Srock.—Common, authorized $150,000,000, outstanding $32,109,300; preferred 6 p. c. cumulative, authorized and outstanding, $10,000,000. DivinENnps.—First dividend on preferred ($1.50) was paid Apr. 15, 1906; none after that to Aug. 2, 1909, when $4,992,100 common stock and $3,160 cash was given in settlement of cumulative dividends (20 p.c.) on basis of one share of common to holders of each two shares of preferred; in 1909, Nov., 1% p.c.; in 1gto. Feb. 15, 1% Paice? quarterly 1% p. v. since; common stock, dividend of 50 p. c. in Nov., tyI1, in lieu of cash payment; in 1912, 33 p. v.; in 1913, Jan., 1% p.c.; Apr., If p. c.; in rgtq, Jan., ry p. c. Funbep Desr.—General and refunding mortgage 5s; dated Dec. I, 1911, due Jan. I, 1942; int. payable Jan. and July 1, at office or agency in New York or San Francisco; Bankers’ Trust Co., New York, and Frank B. Anderson, San Francisco, trustees; coupon $1,000 (principal may be registered); registered $1,000, $10,000, and multiples, interchangeable; redeemable Jan. I, 1937, or on any interest day thereafter at par and interest, and prior thereto on anv interest date at 105 and interest in blocks of not less than $500,000; authorized $150,- 000,000; outstanding in hands of public, $24,986,000; $3,200,000 pledged under gold note issue. Of the $121,814,000 bonds unissued, $50,561,800 are reserved to retire underlying bonds. Sinking fund of Ip.c. per annum of all underlying bonds and bonds of this issue. Secured by a mortgage lien upon all property and franchises of the company and all future extensions and acquisitions, subject to under- lying divisional bonds; are also a lien upon the properties of the San Francisco Gas & Electric Co., Metropolitan Gas Corporation and Mutual Electric Light Co. (now owned by the Pacific Company), subject to underlying issues. General lien 6 p. c. gold notes, authorized and outstanding $5,000,000; dated July 1, 1913, due July 1, 1923; int. payable Jan. and July at Guaranty Trust Co., New York; Wm. C. Cox, trustee; entire amount deposited under collateral trust notes. Collateral trust 6 p. c. gold notes, authorized $7,000,000, out- standing $5,000,000; denom. $1,000; dated June, 1913, due June 26, Ig14; int. payable Jan. and July; F. B. N. Close, trustee; secured by deposit of $5,000,000 general lien 6s and general and refunding 5s. California Gas & Electric Corporation unifying and refunding mortgage 5 p. vc. gold coupon and registered bonds, authorized $45,000,000, issued and outstanding $20,407,000; dated 1907, due Nov. 1, 1937; int. payable May and Nov, at N. W. Halsey & Co., New York City, or office of company, San Francisco, Cal. These bonds are a licn upon all the properties and franchises of the California Gas & Electric Corporation owned or acquired. Also a lien (through a supplementary mortgage executed bythe Pacific Gas & Electric Co.) upon all the properties of the California Central Gas & Electric Co., Fresno Gas & Electric Light Co. and Vallejo Gas Co., and all other properties now owned or hereafter acquired by Pacific Gas & Electric Co. (except the properties of the San Francisco Gas & Electric Co.), such lien upon the properties of the Pacific Gas & Electric Co. being prior to the lien of any of the bond issues of that company. Subject to call at 110 and interest upon any interest date after Nov. I,. Igt2, upon 60 days’ notice. The issuance of additional underlying bonds is prohibited by the mortgage. Sinking fund is as follows: 1912 to 1916 inclusive, $450,000 per annum; 1917 to 1921 inclusive, 3550,000 per year; 1922 to 1926 inclusive, $700, 000 per year, 1927 to 1936 inclusive, $900, 000 per year, these payments to be applied ini- tially to the sinking fund of underlying mortgages, and the balance to the purchase of bonds issued under the new mortgage. Subject to call for sinking funds at r1o and interest after Nov. 1, 1912; $4,492,000 California Gas & Electric general mortgage and collateral trust 5s are deposited as part security; also $3,711,000 underlying bonds of other issues. California Gas & Electric Corporation general mortgage and collateral trust 5 p. c. gold sinking fund bonds, authorized $10,000,000, outstanding $4,569,000; $939,000 are in sinking fund; coupon, but may be registered; dated Mar. 1, 1933; denom. $1,000; int. payable Mar. Trust Co., San Francisco, Cal., trustee. Subject to call on any interest date upon four weeks’ notice at r1o and interest. Sink- ing fund for 5 years, beginning Mar. 1, 1904, $150,000 per annum, 1909 td 1913, $200,000 per annum; 1914 to 1918, $250,000 per annum; IgIg to 1923, $300,000 per annum; 1924 to 1928, $350,000 per annum, 1929 to 1933, $400,000 perannum. The sinking fund is to be used first in redeeming bonds of the constituent companies; the remainder to redeem bonds of this issue. All but a few shares of the stock of each of the constituent companies have been deposited with the Mercantile Trust Co. as collateral. Suburban Light & Power Co. 6s, outstanding $240,000; dated Aug. 1, 1908, due Aug. I, 1938; int. payable Feb. and Aug. 1 at office of company; Bankers Trust Co. of Oakland, trustee; $500 coupon; principal may be registered. 1903, due Mar. I, and Sept. at Mercantile Mutual Electric Light Co. first 5s, outstanding $215,000; dated June I, 1904, due June 1, 1934; int. payable June and Dec. 1 at Mercantile Trust Co. of San Francisco, or U. S. Mortgage & Trust Co., New York; $1,000 coupon; sinking fund of 2% p. c. per annum of bonds issued and outstanding; up to Oct. 31, 1913. $31,000 bonds had been cancelled through operation of sinking fund. Metropolitan Gas Corporation 5s, outstanding $1,296,000; dated Nov. 25, 1911, due Dec. I, 1941; int. payable June and Dec. 1 at office of company; Mercantile Trust Co. of San Francisco, trustee; coupon, principal may be registered; sinking fund of $25,000 per annum. Total bonded debt after retirement of Pacific Co. general mortgages and collateral trust and debenture mortgage bonds which have been redeemed: Int. Dated Due Outstanding Pacific Gas & Elec.Co. gen. Wref.mtg.ss. Jan. & July gtr Jan. 1, 1942 $24,986,000 Cal.Gas &Elec.Corpn. unif.& ref.mtg.5s. May & Nov. 1907. Nov. I, 1937 20,407,000 Cal Gas &Elec.Corpn. gen. mtg. & coll. TOUSE SS oe cen ance Mar.& Sept. 1903 Mar. 1, 1933 4,569,000 - Bay Counties Power Co. Ist mtg. 5s... Mar.& Sep. 1900 Sept. 1,1930 1,608,000 Bay Counties Pwr.Co. 2d mtg. 6s....... Apr.& Oct. Igor Apr. 4, 1931 682,000 Nev. Co.Elec.1stmtg. — tr. 6s.. we. Apr.& Oct. 1898 Oct. 1, 1928 171,000 Yuba Elec. “Pwr, Ist MEP. OSy joe arden June &Dec. 1899 June I, 1929 186,000 Cal. Cent. Gas & Elec. Ist mtg. 5S....... Feb.& Aug. gor Aug. I, 1931 769,000 Oakland Gas Lt. & Ht.) Mar. 16 & 8 M 6 6 Co. Ist mtg. 5s... Sept. 16 oe ogre 9942000: Sacramento Elec., Gas & Ry. Co. Ist Mtg. 5S........4. May &Nov. 1897 Nov. 1, 1927 2,161,000 Cent. ee Rys. Ist MICS. OS a toecess Fdetveve July & Dec. 1892 Juner,1g12-22 215,000 Geatral a Elec. Co. mtg. 5S... .... May & Nov. 1902. May 1, 1933 1,000 South Yuba Wtr. Co. consol, mtg. 6s... Jan. & July 1893 July I, 1923 1,500,000 Standard Electric Co. Ist mtg. 5S...... Mar.& Sept. 1899 Sept. 1,1939 2,377,800 Blue Lakes Water Co. Ist mtg. 6s...... Mar.& Sept. 1893 Mar.15, 1938 14,000 United Gas & Elec. aE a Co. Ist mtg. sink- ing fund ss....... Jan. & July 1902 July 1, 1932 1,697,000 Valley Counties Pwr. Co. 1st mtg. 5s... May & Nov. rg02 May 1, 1930 2,192,000 Suburban Lt. & Pwr. CO 68h see thins Feb. & Aug. Tg08 Aug. I, 1938 240,000 San Francisco Gas & Electric Co.4¥%s. Mar.& Nov. 1903 Nov. 1, 1933. 7,250,000 Pacific Gas Improve- } Mar. & June ) ment Co. 4s..... oan & Dec. § 199° Sept. I, 1930 600,000 Edison Light & Pwr. ] Feb. & Mar. } 8 N CO: 6Si.ccisiene 3% { Aug. & Nov, § 7°9! OM Ba. ROSE 623,000 Mutual Electric Light CG, 13t §6)0¢5044 June & Dec. 190 une I, I 215,00 Metropolitan Gas Cor- eed sas re poration 5S...... June& Dec. rotr Dec. 1, 1941 1,296,000 Livermore Water & Power Co....... Mar. & Sept. 1897 Sept. 1, rg22 94,000 DOtal jeansscnnrnaa. ws oe vehngy we Rae eid h Ae aie aaiien Alls $75,547,800 OrERATION (Combined properties).—Year ending Dec. 31, IgIo. *IQIT, IgI2. Gross earnings. sites Geo kB ean $14,044,596 $14,604,609 $14,744,651 Oper. expns. maint, and taxes.. 7,921,342 8,214,072 8,431,561 Net earnings ee eae 6,123,254 6,390,537 6,313,090 Bond interest.............. 3,006,256 3,254,133 3 568,943 Balances iaseda senses tes 3,116,998 3,136,404 2,744,147 CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 121 @ Quincy L ENTERVILL H. co 2 3 JB Tr or Nia O Colusa Upper Lake \ Meridian / Yuba Cloverdale . Sf s Vue r \ can Cazadero ealgspurgy. Sees Bs AP Yountville s Rio Vista’ Turlock ce y ra Ie Map of Central California Showing POWER PLANTS AND TRANSMISSION LINES : of the ? = Salinas “\_ PACIFICGAS & ELECTRIC CO. San Francisco, Cal. owter / : 5 B EX\N/ I T O % M O TE res Soledad\, SCALE OF MILES 20 30 40 10 ao McGRAW ELECTRIC RAILWAY MANUAL CALIFORNIA Deductions. IgIo. *IQIT. IgI2. SAN JOSE. ses ( Common stock. $1,522,428 ae d Dividends 1 Preferred $600,000 $600,000 600,000 Population in 1900, 21,500; in I910, 28,946. Sinking: funds: 2262 siccces 733,402 773,220 SAN JOSE RAILROADS.—Incorp. in California Dec. 23, 1909, Amort. of bond dis. & exp.. 47,220 75,672 127,871 | as successor to San Jose Railway Co. and the San Jose & Santa Clara Balance .ccsimiesencwasoc tive 1,736,376 1,637,506 493,848 | County Railway. The San Jose Railway Co. was formed as a consoli- * Includes earnings of Metropolitan Light & Power Co. Orricers.—Pres. Frank G. Drum; V. Pres. & Gen. Mgr. John A. Britton; 2d V. Pres., Treas. & Compt. A. F. Hockenbeamer, Sec. D. H. Foote. Dikxecroks.—F. B. Anderson, Henry E. Bothin, Jno. A. Britton, W. H. Crocker, E. J. de Sabla, Jr., F. G. Drum, J. S. Drum, D. H. Foote, A. F. Hockenbeamer, Jno. Martin, Wm. G. Henshaw, C. O. G. Miller, Louis Sloss, Geo. K. Weeks, all of San Francisco, Cal.; Samuel Insull, Chicago, I]. GENERAL OFFICE, 445 Sutter St., San Francisco, Cal. For map of system see page 23. Northwestern Pacific Railroad Co.—Incorporated in Cali- fornia on Jan. 8, 1907, as a steam railroad. Absorbed California Northwestern, San Francisco & North Pacific, Eureka & Klamath River R. R., San Francisco & Northwestern and the Fort Bragg & Southeastern, all steam railroads, and the North Shore R.R., operated by electricity between Sausalito, San Rafael and Fairfax. The capital stock is owned, except for $1,000 directors’ shares, in equal amounts by the Atchison, Topeka & Santa Fe Railway and the Southern Pacific Co. CaviraL Srock, authorized and outstanding, $35,000,000; par $100. Funpep DestT.—Total bonded debt on Jan. 1, 1914, $22,605,000. Track AND EQuipMENT.—Miles of road (contact rail electric), 20; second track, 11.78; 31 electric motor coaches, 29 electric trail coaches. Orricers.—Pres. & Gen. Mgr. W. S. Palmer; V. Prests. A. H. Payson and Wm. R. Scott; Sec. G. L. King; Treas. & Pur. Agt. H. W. Ellicott; Compt. Thos. Mellersh; Asst. Compt. W. F. Sperbeck: Supt. W. J. Hunter, Sausalito, Cal.; Gen. Fgt. & Pass. Agt. J. J. Geary; Ch. Eugr. W. C. Edes; Elec. Engr. F. T. Vanatta; Engr. Pwr. Sta. P. DeLassaux; Mast. Mech. J. K. Brassiil, Engr. Maint. of Way, F. K. Zook; Roadmasters, Wm. Gleeson and A. Scholz. EXECUTIVE CoMMITTEE.—W. S. Palmer, A. H. Payson, W. R. Scott. Direcrors.—W. S. Palmer, A. H. Payson, W. R. Scott, Wm. Sproule, W. A. Bissell, E. S. Pillsbury, W. F. Herrin, W. G. Barn- well, E. O. McCormick. GENERAL OFFice, Phelan Bldg., San Francisco, Cal.; power sta- tion, Alto, P. O. address, Sausalito, Cal.; repair shops, Sausalito and Tiburon, Cal. Presidio & Ferries Railroad Co.—Chartered in 1882. In March, toIq, purchased by the city as a part of the Geary St. Munic- ipal Ry. for $312,322. California Street Cable Railroad Co.—Chartered 1884. Fran- chise granted 1889 for 40 years. Annual meeting third Wednesday in Jan. CariraL Srock.—Common, authorized and issued, $1,000,000; par value, S100 per share. Dividends were 50 cents monthly, but in aAug., 1902, they were increased to 75 cents per month, and in Dec., 1904, to go cents per month. From Apr., 1906, no dividends were paid up to Sept., 1908, when soc. monthly was resumed to May, 1909, when 60c. was paid, and monthly since to and including Sept., ror2; in 1913, 8 2-10 p. c. FuNDED Depr.—First mortgage 5 p.c. gold bonds, authorized, $1,000,000, outstanding $900,000; dated Jan. 1, 18g0, due Jan. 1, 1915; int. payable Jan. and July; Union Trust Co., San Francisco, Cal., trustee. TRACK AND EQuIPMENT.—Miles of track (cable), 11; 38 gripcars. OrricEers.—Pres. J. Henry Meyer; V. Pres. J. C. Coleman; 2d V. Pres., Supt. & Pur. Agt. J. W. Harris; Sec. Geo. A. Hare: Treas. A. Borel & Co.; Audr. Allen Knight; Ch. Engr. of Power Station, C. Stackhouse; Mast. Mech. J.R. Steele. Direcrors.—]J. H. Meyer, J. W. Harris, J. C. Coleman, Antoine Borel, A. H. Payson. GENERAL OFFICE, POWER STATION AND REPAIR Suops, California and Hyde Sts., San Francisco, Cal. SOUTH SAN FRANCISCO RAILROAD & POWER CO.— Chartered in 1903 for 50 years. Road extends from a connection with the San Mateo suburban lines of the United Railroads of San Fran- cisco at Holy Cross Cemetery, to Fullers, at South San Francisco. Controlled by United Railroads of San Francisco. CapiTaL Srock, outstanding $100,000. TRACK AND EQuirmMent.—Miles of track, 5; 4 cars. OrFicers.—Pres. Wm. J. Martin; V. Pres. Wm. M. Abbott; Sec. J. R. Sloan; Treas. A. M. Dahler. Direcrors.—W. J. Martin, Wm. M. Abbott, J. R. Sloan, C. P. Gale, Geo. W. Bennett. GENERAL OFFICE, South San Francisco, Cal. dation of the old San Jose R. R. Co. and the Willow Glen R. R. Co., purchased at foreclosure sale in May, 1899 Controlled by the Southern Pacific Co. CaPITAL Srock.—Common, authorized and outstanding, $5,000,- 000 (all of which is owned by the Southern Pacific Co.); par $roo. Funpep Desr.—First mortgage 5 p. vc. gold sinking fund bonds, authorized $1,500,000, issued and outstanding $1,416 ooo, all owned by the Southern Pacific Co.; dated Jan. 1, 1g10, due Jan., 1955; denom. $1,000; int. payable Jan. 1 and July rat Mercantile Trust Co., San Francisco, Cal., trustee. Sinking fund begins Jan. 1, 1915. San Jose & Santa Clara County Railway 4% p. c. first mortgage bonds, outstanding $1,250,000; due 1946. San Jose & Santa Clara R.R. 6p. c. first mortgage bonds, out- standing $200,000, all owned by the Southern Pacific Co.; due 1913. OPERATION.—Year ended June 30, 1913. RECEIPTS. Gross Operating in COME 2. alowed oles BASF oi aig-atieareueletsl a Soe. $366,952 Quer WAC OMe) Sires secaeasrait: cteas Abidin SMtove dl ae edntdoedaleck cues 11,029 Potal eCel piss. wie ce edee sae te bpeaeitaaeoes wONS 377,981 DISBURSEMENTS. Opetating expense sy. cv nee saicinsuin nada sei vee daales 3 Meee ves 251,188 (PARES) 21.2502 wevlnd sane Siemiasaljaeres Saelas oe Shee ee ea 14,908 Interest on funded debts ov.s-s sce peeaeseins thesia eGwanteen 141,967 Sinking: fund Contributions, 2.0 26x aacisares os.0 06 eg ead a lesa on 12,500 OME CHAT BES) crese tia teed tech sherccaalugcd eae a Nadiessis Gaeareuayastend, Soave dae 2,512 Fotall disbuxSements:... j.::seutsreraseiontieid eid ahee duacaracaalele 423,075 DDG HGI ts 305 Ges rar, stale loved cedsaiaegebnlalar Wblieadenane @ar-deanahs nee analenraghera vende 45,094 Track AND EQuipMEN?’.—Miles of track owned (electric), 41.89; 27 cars, of which 16 are motor cars.. Orriceks.—Pres. Paul Shoup, Los Angeles, Cal. GENERAL OFFICE AND REPAIR Suop, Oak and First Sts., San Jose. PENINSULAR RAILWAY CO.—Incorp. in California, June 30, 190g, as a consolidation of the San Jose-Los Gatos Interurban Ry. Co., the Peninsular Railroad and the Santa Clara Interurban R. R. Con- nects San Jose, Saratoga, Los Gatos, Campbell, Cupertino, Monta Vista, Mayfield and Palo Alto. An extension to San Mateo and San Francisco is contemplated. Operates on Southern Pacific Co.’s right of way from New Meridian to Monta Vista and Cupertino. Con- trolled by the Southern Pacific Co. CaprraL STock, authorized and issued, $12,000,000, all of which is owned by the Southern Pacific Co. Funpep Drsr.—San Jose-Los Gatos Interurban Ry.’s first mort- gage 5 p.c. bonds, authorized $2,0c0,000, issued and outstanding, $500,000; dated May 21, 1903; due May 21, 1923; int. payable May and Nov.; Central Trust Co., San Francisco, Cal., trustee of mortgage. OpERATION.— Year ending June 30, 1913. RECEIPTS. Gross operating income................... ce eee $280,319 OTHER IMEO MES os 2:02 Sent evwenpeunds + peti en macneienre ane ees ae 37,445 EO tall:re CCUpts nc nis coretercnesstecans gastd Ae easareain Seay es Gena cede 317,764 DISBURSEMENTS. Operating. expenses incccasacs Gey divee se weed bosaeuleas oes otis 225,636 SAKE Sy gen whee oS aes Sasceie pia as ale RS ieee Ald W Me case acorns naniciben do eae daec eo 14,015 Intérestion funded “elit i005 os-xsd gard chase cheuwlas aSearecuhes a 25,000 Interest on open accounts...............08 wi hateid geese e's 181,655 Other CRATES wor, eee eas 88. ccses aaupcyinn grew arden Bee A en Se 10,240 Motal dishURSeMents: sc ..oc00d. nes heehee a Re ew eal Bee <46 PG AG itis craze tras coed, sebtencareahlin Cites ecto dntes Malek iain 2K enh ak toda le 138,782 TRACK AND EQuiIpMENT.—Miles of track owned (electric), 97.02; 31 motor cars, 2 other cars. Orricers.—Pres. Paul Shoup; Sec. Gerald FitzGerald, 814 Flood Bldg., San Francisco, Cal.; Audr. H. A. Culloden. GENERAL Orrice, 143 So. Market St.; repair shops, San Jose. SAN LUIS OBISPO. Population in 1905, 3,025; in Igto, 5,157. Pacific Coast Railway Co.—Incorporated in California, Sept. 22, 1882. Is a consolidation of several steam roads. A branch between Santa Maria and Guadalupe, g miles, and 3 miles to Union Sugar Co.'s factory at Betteravia, is operated by electricity. Con- trolled by Pacific Coast Co. Carirar Srock, authorized $2,628,500, issued $1,370,400; par $100, , Funpep Drxsr.—Bonds $1,370,000. CALIFORNIA McGRAW ELECTRIC RAILWAY MANUAL 25 TRACK AND EQuipMENT.—Miles of track (electric), 13; 2 electric locomotives. Orricers.—Pres, J. C. Ford, Seattle, Wash.; V. Pres. G. H. Higbee, San Francisco, Cal.; V. Pres. E. W. Clark, San Luis Obispo, Cal.; V. Pres. W. M. Barnum, New York City; Sec. J. H. Cooper, San Francisco, Cal.; Treas. & Gen. Audr. J. W. Smith, Seattle, Wash.; Supt. & Gen. Fgt. Agt. J. M. Sims, San Luis Obispo, Cal.; Ch. Engr. Jas. Anderson, Seattle, Wash.; Gen. Pass. Agt. C. D. Dunann, San Francisco, Cal.; Mast. Mech. D. W. Ford, San Luis Obispo, Cal.; Roadmaster, P. Dineen, San Luis Obispo. Direcrors.—J. C. Ford, Seattle, Wash.; G. H. Higbee, C. M. Goodall, C. D. Dunann, G. W. Towle, J. H. Cooper, A. Goodall, San Francisco, Cal.; E. W. Clark, San Luis Obispo, Cal.; W. M. Bar- num, New York City. GENERAL OFFICE AND REPAIR SHops, San Luis Obispo. SANTA BARBARA. Population in 1910, 11,659. Santa Barbara & Suburban Railway Co.—Successor to the Santa Barbara Consolidated R. R. Co. TRACK AND EQUIPMENT.—Miles of track, 8.5; 8 cars. Orricers.—Pres. W. A. Brackenridge; Sec. & Treas. W. L. Percey; Audr. B. T. Story, Pur. Agt. John Otto, Supt. W. E. Erwin; Mast. Mech. J. N. Lloyd. GENERAL OFFICE, Santa Barbara, Cal. SANTA CRUZ. Population in 1900, 5,659; in IgIo, 11,146. Coast Counties Gas & Electric Co.—Organized in California in 1912, and acquired the property of the Coast Counties Light & Power Co., which acquired control of the Union Traction Co. of Santa Cruz, and owns the Watsonville Light & Power Co., the Watsonville Gas Co., the Santa Cruz Gas & Electric Light Co., the Co-operative Electric Co. of Santa Cruz, the San Benito Light & Power Co., and the Big Creek Light & Power Co. Capirat Srock.—Common, authorized $2,000,000, outstanding $1,000,000; preferred, 6 p. c. cumulative, authorized $2,000,000, out- standing $1,000,000; par, $100. Funpep DestT.—Coast Counties Light & Power Co.'s first mort- gage 5 p.c. gold bonds, authorized $1,000,000, outstanding $980,000; dated Aug. I, 1906, due Aug. J, 1946; denom. $1,000; int. payable Feb. and Aug. at the office of the Mercantile Trust Co., San Fran- cisco, Cal., trustee of mortgage; held in sinking fund $20,000. Big Creek Light & Power Co.’s first mortgage 4s, outstanding $320,000; held in sinking fund $21,600. San Benito Light & Power Co.’s first mortgage 6s, outstanding $150,000. TRACK AND EQuipMEN’.—Miles of track (electric), 15; 21 cars. Orricers.—Pres. John Martin; V. Pres. R. M. Hotaling; Sec. & Treas. L. W. Pryor; Mgr. S. W. Coleman, San Francisco, Cal.; Ry. Supt. G. L. Fitzgerald; Dist. Mgrs. R. L. Cardiff, Santa Cruz, and E. J. Sherman, Hollister, Cal.; Mech. Supt. J. C. Warren, Santa Cruz, Cal. _ DirecTors,—John Martin, R. M. Hotaling, John C. Coleman, J. D. Grant, Louis Sloss, L. P. Lowe, S. W. Coleman. GENERAL O¥FICE, 454 California St., San Francisco, Cal.; repair shops, Santa Cruz. UNION TRACTION CO.—Municipal franchises granted 1890 and 1902 for 50 years. ‘Connects Santa Cruz, Seabright, Twin Lakes, Del Mar, Opal and Capitola. ties Gas & Electric Co. CapiraL Stock.—Common, authorized and issued, $750,000. Controlled by the Coast Coun- | in | FunpeED Dext.—First mortgage 5 p. c. gold coupon bonds, | authorized $750,000, outstanding $639,000; held in treasury $111,000; | dated Feb. 1, 1905, due 1935; denom. $1,000; int. payable Feb. and | Aug. at Union Trust Co., San Francisco, Cal., trustee. The treasury bonds may be issued for extensions and betterments at 75 p. c. of cost if the net income is sufficient to pay the interest on all outstand- ing bonds and all bonds issued under this provision. after five years at 110 and interest. Subject to call | TRACK AND EQuiIpMENT.—Miles of track (electric), 14.34; I9 motor cars, 2 trail cars. Orricers.—Pres. John Martin; V. Pres. R. M. Hotaling; Sec. & Treas. L. W. Pryor; Gen. Mgr. S. W. Coleman, San Francisco, Cal,; | Elec. Engr. R. L. Cardiff; Engr. Pwr. Sta. J.C. Warren; Mast. Mech. Geo. L. Fitzgerald, Santa Cruz, Cal.; Foreman, J. Gill. STOCKTON. Population in 1900, 17,506; in 1910, 23,253. STOCKTON ELECTRIC RAILROAD CO.—Incorporated in California on Dec. 29, 1891. Controlled by the Southern Pacific Co. CAPITAL STocK, authorized and outstanding, $500,000, all owned by the Southern Pacific Co. Funpep Dest.—First mortgage 6 p.c. gold bonds, authorized, $300,000, issued, $115,000; dated Oct. 25, 1892, due Oct. 25, 1917: denom. $1,000; int. payable Apr. and Oct. at Union Trust Co., San Francisco, Cal., trustee. Sinking fund of 2 p.c. of outstanding bonds from 1902 to 1905; 3 p. v. from 1905 to 1909; 4 Pp. C., 190g to 1913. OPpERATION.— Year ending June 30, 1913. RECEIPTS. Gross operating: incomes. ssvvsesicsaiweavde eae eda eter tins $191,488 Opheim COME? to xaavas veacd aeamwiangacseiv penile Cocawe dear oe oe 60 Raia alas 552 Total TCD ISiez ti ces cae ae x ee Wedel s ee Sa ee 192,040 DISBURSEMENTS. Operating expenseS......... eee eee eee Me rictuah oe AS UEASS $110,510 SEPECE Sis sacs lacca Vir acest septate seu eatery Se caee BI MN ted lout asstenaeaueeds Eaves 8,555 Interest ON OpeN ACCOUNTS. ...... eee eee ee cence eee eens 28,379 Total Gisbwrsenicnis: .<¢e« cu gua ps wee ee hadi re wenee 147,444 SUPplUSsseuereasigh ten sa. 24 Sestak REA REE ae ele eis Ge BRO 44,596 TRACK AND EquipMeNT.—Miles of track (electric), 14.98; 26 motor cars, I other car. Orricers.—Pres. Jas. H. Budd; V. Pres. Wm. F. Herrin, San Francisco, Cal.; Sec. F. C. Ambridge; Gen. Mgr. Frank W. Webster, Stockton, Cal. GENERAL OrFice, North California St., and repair shops, Stock- ten, Cal. ‘ Central California Traction Co.—Organized in Aug., 1905, to construct an electric railway in Stockton and to Lodi and to and in Sacramento. The last division of the road between Lodi and Sacra- mento was placed in operation Aug. 29, 1910. The Stockton city lines were coinpleted in May, 1907, and the Stockton-Lodi Interurban in Sept., 1907. Sacramento city cars began operating in Aug., I9g10. Franchises in the cities are for 50 years. In the cities of Sacramento, Stockton and Lodi the right was granted to carry freight. Outside of cities and towns, operates over private right of way. Annual meeting, first Wednesday in Aug. CapiraL Srock.—Common, authorized, $3,000,000; outstanding, $2,998,900; preferred, authorized and issued, $1,000,000. FunpEep Drsr.—First mortgage 5 p. c. gold sinking fund bonds, authorized and outstanding $1,500,000; dated 1906, due Apr. 1, 1936; denom. $1,000; int. payable Apr. and Oct. at Union Trust Co. of San Francisco, trustee. Sinking fund of $15,000 per annum for ten years began 1912, $30,000 per annum next ten years and $45,000 per annum last four years. Bonds are redeemable on any interest date at 105 and interest on 60 days’ notice. -—Yr.end.June 30, OpERATION.—Year ended Dec. 31, IQIl. 1912. 1913, Revenue from passengers ........-.6. $263,468 oe “freight or express...... 52,701 ‘* other operating sources. 9,345 Total operating revenue.........+...- $292,276 $302,569 325,514 Maintenance of way and structures 32,967 Maintenance of equipment........ 23,070 Traffic eXpenseS.....-.. eee e eee 11,355 Transportation expenses......... 134,027 General €xXpenseS......... eee eee 28,064 Total operating expenses............. 194,491 214,446 229,483 | Total net revenue...... wivatilhel ayavabe tease 4 97,785 88,123 96,031 "PAX CS ive. 610-6. baa Sats Hes teleeahere areata og wa ceeees 88,453 *79,889 4,888 Interest on funded debt.......... 75,000 us ‘* floating debt.........- 7,051 ) Net divisible income................% 9,332 8,234 9,091 ) Surplus for year......-.. eee eee eee ee 9,091 Surplus from previous year.......... 14,212 Total surplus account ..........e0e+- 23,303 *Includes interest. BALANCE SHEET.—Dated, June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip- Capital stock......... $4,000,c00 METits 54 cshiances oer $5,503,256 Funded debt ......... I,500,000 ely cus ae aoe sabe eee 10,512 Bills payable.......... 215,000 Bills receivable........ 21,250 Accruedinterest....... 18,750 Accounts receivable... 217,615 Accounts payable...... 45,472 Material and supplies. . 32,952 Profit and loss (surplus) 23,303 Prepaid accounts...... 5,840 Deferred charges...... 10,000 Other assetS.........-- I,100 TOtal s Lh hose oo 2 LES) Nai 2 DOSES Ee pa , yaw Sy Oo r if Caer wan porl= A ‘i > UO) Hn =A aE Yo inno A SS Sango “4 hancona | mere a oh ee are Ses > ie poe ; ae xeon eoaae 5 =i las rN 3 25 1 St cee Slams gana ns Suan — ony XN “LL a 5 DOT Loo O000 QOL stl ig 0000 = Te Aa tote OIC OOIDUI02__] Tec Alf TIO 0000 0000 eon — 000 Uo0gn0 LOO cess ooud000 epee ae fata eae 100 Moocen0n HH 00 a ECE Oot OOIOD000—20000 oa :aooconanU0Uloo woud Hal A ao ULL nu000 oooodooc| pee Q One ee nagggn enonor———nnr 4 pape a nO] POOGOCEOGOL ie Shotets eels etalk deed tl eeeessoeeeeae ea ee QOU00 AOOUTUTUCDON IED ate eos age Bouecraacadh on) Faaeo Se OO eI Ae ete ON g a : DS pUU We Air Saath ie (xs LR o q f SS caer (Sama VS) Sete Bool TPO IRO SOLO cee qian NG googono qQind oo OMOEA PECL 7 PEDIC 308 Ho Ou CNnhesnAconRAonoANsAAnoI “8 Oo Pees, a a ee SCooocuuN CL CTO TOTO aditulalefalafajaatatatay (ohatatalalifal ti seal cea ( i oomonoonsenonooL ay on aD mn ngopacso a z noms. Sul el 0 ru ooDo00o000ua al erage] O00 00on mT We Paodonrod vuL uaa ude Mom UO ODO COOCNn | ai Ae 0oo LOOONCOT OD MagodS Mono qoocooooaca | ,) pu SE a eee eI inengonbogunsanooba GGuUSgaG AGI) 2 Ua i L| Ce patti Ou nooo DOUd | 0) anaary geyes000009 ¢fo0O000 onlogoocogoooocr DUT he et i ls aa bige! fugendgacouaaiy eons acorn 00 qc 4 HOULE Ran av we Mi Os iS qo OOUE TEARS AME LO CHnnERG oon SOON oO0G0000079000sn000n00 Q If 7 ——~ SO000C0000c 000000000000 i G IOC. Qoo0ocgc pucogccoooo9coDooooN : LoS duane Gygoo0d SoOnnnOUOOMooOUAoOC L an accom OU ue Hina €y Q\ [ OOM tt oO | OOo {+ 000D0000m00 | MQUUU 2 QOOO00000000 ! On) > MAP OF THE CITY OF DENVER, COL. SHOWING THE LINES OF THE DENVER CITY TRAMWAY CO. COLORADO McGRAW ELECTRIC RAILWAY MANUAL 27 issue of $3,000,000 authorized 5-year 6 p.c. bonds, dated April 1, 1914, interest payable April and Oct. 1, redeemable on or after Oct. 1, 1915, and convertible, par for par, into preferred stock, with 25 p.c. bonus in common, from April 1, 1915, to April 1, 1918, was authorized; of this issue $2,500,000 bonds are outstanding. The $6,000,000 Denver & Northwestern Ry. Co. first and collateral mortgage bonds were assumed and secured by a direct union mortgage. Another company formed at the same time, the Consolidated Securities & Investing Co., owns stock and bonds of the Denver & Intermountain Co. Its $500,000 capital stock is owned by the Denver Tramway Co. FrancuisEs.—In Denver, 50 years; in Golden, 99 years; in per- petuity overcounty roads it crosses and intersects. CaPIvraL Sock, authorized and issued, $6,000,000; par $100. DivipENps.—Prior to July, 1909, dividends were paid at the rate of 6 p. c. per annum; in July, 1909, quarterly dividend was increased to 2 p. c., and same amount was paid quarterly until Oct., 1913, when a dividend at the reduced rate of I p. c. quarterly was paid. Funpep Desy.—First and collateral mortgage 5 p.c. gold bonds, authorized and issued, $6,000,000; coupon, but may be registered; dated May 1, 1902, due May 1, 1932; denom. $500 and $1,000; int. payable May and Nov., at office of company in Denver, and Bankers’ Trust Co., New York, trustee. Subject to call on any interest day upon go days’ notice, at 105 and interest. OpERATION.—Year ending Dec. 31, IgIo. IgIt. Igi2. GrOSSieal NING S seiiscdacea wea ae $3,595,158 $3,421,854 $3,422,372 Operating expenseS............05. 1,859,251 1,734,701 1,713,900 Net-earmings: :c.aeacces ete aed 1,735,907 1,687,153 1,708,472 Sinking fund for Power Co. bonds. 50,000 50,000 50,000 Fixed charges, including taxes and franchise payments............. 1,015,834 1,094,943 1,127,041 Balance (surplus)..........e.eese 670,073 542,210 531,431 TRACK AND EQUIPMENT.—Miles of track (electric), 27.19; 103 cars. See additional equipment under Denver City Tramway Co. Orricers.—Pres. S. M. Perry; 1st V. Pres. W. G. Evans; 2d V. Pres. & Gen. Supt. John A. Beeler; Sec. & Treas. F. G. Moffat; Audr. W. A. Doty; Supt. Chas. B. Wells; Trainmaster, W. M. Casey; Pur. Agt. C. F. Musgrove; Ch. Engr. R. W. Toll; Ch. Elecl. Engr. of Power Stations, ————-; Supt. Rolling Stock, W. H. McAloney; Roadmaster, A. M. Evans; Claim Agt. H. S. Robertson. Directors.—A. V. Hunter, Horace Bennett, C. K. Boettcher, W. G. Evans, S. M. Perry, Gerald Hughes, Thos. Keely, F. G. Moffat, Rodney Curtis, J. A. Beeler, all of Denver, Col.; B. A. Jackson, Providence, R. I.; W. L. Bull, New York City. GENERAL OFFICE, Tramway Bldg., and Power Station, Denver, Col. DENVER CITY TRAMWAY CO.—Chartered for 50 years in Jan., 1899. Operates the street railway system of Denver, Col. Successor, by purchase, consolidation, or otherwise, of the following companies: The Denver Electric & Cable Ry. Co., the Denver Tramway Co., the South Denver Cable Ry. Co., the Denver Tram- way Extension Co., the Denver Consolidated Tramway Co., the Metropolitan Ry. Co., the Denver City Cable Ry. Co. and the West End Street R. R. Electric Ry. Co., and the Denver, Globeville & Golden Rapid Transit Co. Operates under a franchise authorizing the operation and maintenance of cable and electric railways, dated Feb. 5, 1885. This franchise is without time limit. Also operates under a 20-year grant, voted in May, 1906, authorizing the maintenance of three- rail tracks and permitting the construction of certain viaducts and extensions. The United States Circuit Court of Appeals has decided that this grant of 1885 is a valid contract, but deferred determining its duration on account of undisputed right to operate under 20- year grant until 1926, stating, however, that under previous decisions of the court, if duration was decided at this time, the grant would be good until 1935. Controls the Denver Realty Co. In May, 1902, the Denver & Northwestern Ry. Co. purchased practically all of the stock. Changes in the ownership of stock and the formation of a new company are described under Denver & Northwestern Ry. Co. CaprraL STOCK, authorized $20,000,000, outstanding ‘$5,000,000; par value, $100 per share. DivIpENDs.—6 p. c. annual dividends have been paid since May 15, 1902. Previous dividends were at the rate of 4p.c. per annum. Funpep Dest.—First and refunding 5 p.c. gold sinking fund bonds, authorized, $25,000,000, outstanding, $5,399,000; reserved, $10,911,800 to retire prior liens, and $8,689,200 for 85 p. c. of cost of improvements; coupon, but may be registered; dated Nov. 1, 1908, due Nov. I, 1933; denom. $500 and $1,000; int. payable May 1 and Nov. r at Bankers’ Trust Co., New York City, trustee, or office of company, Denver, Col. Annual sinking fund of 1 p.c. of par of bonds outstanding, beginning Nov. 1, 1914, and payable annually to and including Nov. 1, 1923, and thereafter 2 p.c. per annum, to be used to purchase or call bonds; bonds so retired to be kept alive and the interest added to the sinking fund. Callable as a whole, but not in part, except for sinking fund, at 105 and interest on any interest date from and including May 1, 1914, to and including Nov. 1, 1923, and thereafter at 102% and interest, upon 60 days’ notice. The bonds Co., the Denver City Traction Co., the Colfax’ reserved for future additions and permanent improvements may be issued at the rate of 85 p.c. of the actual cost, but only to the princi- pal amount of $350,000 in any one year until the $6,000,000 Denver & Northwestern bonds have been cancelled, and thereafter only when the net earnings applicable to interest for the 12 months preceding such proposed issue have been at least 150 p. c. of the annual interest onall bonds of company then outstanding, including those proposed to be issued. Purchase money mortgage 5 p. c. gold bonds, authorized and out- standing, $2,000,c00; coupon, but may be registered; dated Apr. 1, 1899, due Apr. I, 1919; denom. $500 and $1,000; int. payable Apr. and Oct. at offices of the company and the Central Trust Co., of New York, trustee. Secured bya first lien on the properties formerly owned bythe Denver City R. R. and the West End Street R. R. Co., and a lien on the Denver Consolidated Tramway Co. properties, subject to existing mortgages. Denver Consolidated Tramway Co.'s first consolidated mortgage 5 p. c. gold bonds, authorized, $4,000,000; outstanding, $1,167,000; coupon, but may be registered; dated Oct. 1, 1893, due Oct. 1, 1933; denom. $1,000; int. payable Apr. and Oct. at offices of the company and the Bankers’ Trust Co., of New York, trustee. CONDENSED COMPARATIVE STATEMEN?T.—Year ending Dec. 31, IgIo. IgII. IgI2. GroSs €CarNningS.... cee ee cece ee eee $3,595,158 *$3,421,854 $3,422,372 Operating expenses.............-. 1,859,251 1,734,700 1,713,900 Niet: atin gS wisciescuissigayscdt ee sone a 1,735,907. 1,687,154 1,708,472 Sinking fund for power bonds..... 50,000 50,000 50,000 +Pixed: CHAt GOS). xidycscicaccacrsyevcecaps- nie I,015,834 1,094,943 1,127,041 SUTPIUS Hera eae deren CES 670,073 542,211 531,431 P. c. earnings used in operation.... 51.72 50.69 50.08 * Decrease in earnings due to loss of freight business as a result of damage by fire to mines owned by the company. Mining opera- tions were resumed in Mar., 1912. {Interest on bonds of the Denver & Northwestern Ry. Co., the Denver City Tramway Co., the Denver Tramway Power Co. and the Denver Tramway Terminals Co., interest on current indebtedness of the Denver City Tramway Co. and all taxes. TRACK AND EQuiIPpMENT.—Miles of track (electric), 202.86; 431 cars, of which 251 are motor passenger cars, 115 trail and 65 miscellaneous cars. OFFICERS.—Pres. ; ist V. Pres. S. M. Perry; 2d V. Pres. & Gen. Mer. John A. Beeler; Sec. & Treas. Thos. Keely; Audr. W. A. Doty; Supt. Transpt. Chas. B. Wells; Claim Agt. W. C Swisher; Pur. Agt. C. F. Musgrove; Ch. Engr. R. W. Toll; Train- master, W. M. Casey; Supt. Rolling Stock, W. H. McAloney; Roadmaster, A. M. Evans. D1rectTors.—Claude K. Boettcher (Chmn.), Wm. G. Evans, John A. Beeler, Frederick G. Moffat, S. M. Perry, Rodney Curtis, B. A. Jackson, Thomas Keely, Wm. L. Bull, Gerald Hughes, A. V. Hunter, Geo. C. Clark and Horace W. Bennett. PowER STATION, 14th and Platte Sts., Denver, Col., Denver Tramway Power Co. (leased); repair shops, Broadway and Alaska *Sts., Denver, Col. For map of road, see inset between pages 26 and 27. THE DENVER TRAMWAY POWER CO.—Incorporated in Colorado, Mar., 1901. Supplies power for the Denver & Northwest- ern Ry. and the Denver City Tramway Co. Leased to and maintained for 20 years from Apr. I, 1903, by the Denver City Tramway Co., which owns the capital stock and guarantees the bonds, principal and interest. Under Denver & Northwestern Ry. Co. a new company is described. CariraL Stock, authorized and outstanding, $500,000; par $roo. Funvep Derst.—First improvement mortgage 5 p. c. 20 year gold bonds, authorized $1,500,000, outstanding $1,215,000; dated Apr. r, 1903, due Apr. I, 1923; denom., $1,000; int. payable Apr. and Oct. at Guaranty Trust Co. of New York, and International Trust Co., Den- ver, Col., trustee. Redeemable after Apr. 1, 1908, at 105. Sinking fund of $50,000 per annum commenced 1908 to retire bonds at 105 and interest. THE DENVER TRAMWAY TERMINALS CO.—Incorporated in Colorado on Aug. 24, 1910, to build a loop line and terminal for the Denver City Tramway Co., which owns entire stock and guarantees the bonds, principal and interest. Under Denver & Northwestern Ry. Co. a new company is described. CaPriraL Stock, authorized and outstanding, $500,000. Funpep Dersr.—First mortgage 5 p. c. serial gold bonds, author- ized $1,500,000, issued $1,315,000; coupon, but may be registered; dated 1910, due $60,000 annually, beginning Sept. 1, 1916; denom. $100 and $1,000; int. payable Mar. and Sept. at Bankers’ Trust Co., New York, trustee, or in Denver; unissued bonds are for improve- ments. Subject to call as a whole, but not in part, on any interest date at 105 on 30 days’ notice; guaranteed, principal and interest, by the Denver City Tramway Co. 2s McGRAW ELECTRIC Northern Colorado Power (o.—Incorporated in Colorado on May 1, 1906. Owns all the stock and the entire $160,000 first mort- gage bonds of the Boulder Electric Light & Power Co, Purchased the Consumers’ Electric Co. of Lafayette and Louisville, Col., the Che- yenne Light, Fuel & Power Co, and local plants in Ft. Collins, Greeley, Longmont, and Berthond, Col. Annual meeting, first Saturday in April. Connects Boulder, Berthond, Loveland, Ft. Collins, Lafayette, Louisville, Windsor, Greeley, Col., and Cheyenne, Wyo. CavivaL Srock —Common, authorized and outstanding $2,000,- 090; preferred 6 p. c. non-cumulative, authorized and outstanding, $1,000,000; par S100, Fuxpep Depr.—First mortgage 5 p. c. gold bonds, authorized $6,000,000, outstanding $2,593,000, in treasury $1,043,000, reserved to retire underlying bonds $163,000, reserved under restrictions in mort- gage $2,201,000; dated May 1, 1908, due May 1,1928; Central Trust Co., New York, trustee. Consouiparep INcoME Account (Northern Colorado Power Co. and Boulder Electric Light & Power Co.),—Year ended Dec. 31, IgIo. IQII. IgI2. GEOSS CAPNINGS cise a Nukes ea Swiere’e wees $477,940 $505,222 $505,677 Operating expenseS...... 0.2... 2. cee 4. 270,044 278,437 282,183 Netieainingskeiinaie is eatecidenned be ee 207,896 226,785 223,494 Other income.......... cece eee cece sees 23,413 *26,053 *2I,410 GOSS HNCOME ns in meds ese poe dog Gee wats 231,309 =. 252,838 += 244,904 TA 68 ss ca swarls ae eet ea 14,928 5,712 18,775 *[nterestion, DondSscs2.sseue send 138,400 138,400 138,400 Int. on 2-year collateral trust notes.. 14,980 27,000 27,000 Interest on other notes, etc......... 25,866 23,625 25,087 Miscellaneous: «4 664 esses were eereces 1,573 2,086 26,507 Balance (sat plus). sco cs Yee actatees es 35,562 50,015 9,135 *Includes interest on $243,000 bonds issued to electrify Den- ver & Interurban R.R. Co., paid by that company. CONSOLIDATED BALANCE SHEET (Northern Colorado Power Co. and Boulder Electric Light & Power Co.).—Dated Dec. 31, 1912. ASSETS. LIABILITIES. Property and plant.....$6,388,570 Capital stock.......... $3,000, 110 Denver & Inter. R. R. Nor. Col. Pwr. Co. 1st electrification........ 245,025 mtg. snk, fund bonds. 2,593,000 Miscellaneous securities ‘ 5,200 Cheyenne Lt.,F.& P. 1st Sinking fund.......... 92,141 mtg. snk. fund bonds 175,000 Material and supplies. . 50,861 *Two-year coll. tr. notes, Cash on hatid, ete... a. 3,432 6 p.c., due May, 1912 450,000 Cash for bond interest.. 25,777. *Notes payable........ 436,228 Notes and accts. receiv- Bank overdraft........ 859 ADE ac auaels aaa eae s 77,367. Salaries and wages..... 71918 Other interest.......... 254 Interest on bonds...... 1,930 Deferred, etc., accounts 18,332 Accounts payable...... 60,525 TSES. 4 64 654A es 6,500 Meter deposits......... 4,752 Accrued interest, etc... 49,223 Reserves 58,252 Profit and loss... 75,662 MO Cale. ecasaie dacs aves $6,913,459 POA ica sescisoecdeaescaiolece’s $6,913,459 *Secured by $1,043,000 Northern Colorado Power Co. first mort- gage 5 p. c. bonds. Orricers.—Pres. Albert M. Chambers, New York City; rst V. Pres. & Gen. Mgr. H. U. Wallace, Boulder; 2d V. Pres. W. J. Bar- ker, Denver, Col.; Sec. & Audr. A. E. Ward, Boulder, Col.; Treas. John Seager, New York City; Pur. Agt. J. W. Ryall; Supt. Pwr. Sta. F. M. Richards, all of Boulder, Col. Direcrors.—Albert M. Chambers, John R. Hall, John Seager, Harry Bronner, H. H. Wehrhane, New York; W. J. Barker, E. E. Whitted, D. L. Webb, W. S. Lee, Denver; Wm. Mayher, Greeley, Col.; T. H. Eves, Ft. Collins, Col.; H. U. Wallace, J. A. Davis, Boulder, Col. OFFICE, 1934 14th st., Boulder, Col. : The Denver & Inter-Mountain Railroad Co.—Successor to the Inter-Mountain Ry. Co., which had purchased the Denver, Lake- wood & Golden R. R. Co., chartered in 1890 for 50 years, and started operation Jan. 1, 1893. Operates a steam and electric railroad from Denver to Golden, Colo. (13 miles); also an electric line to Barnum and Villa Park, Denver, Colo. CapriraL Srock, authorized and outstanding, $1,000,000; par value, $100 per share. Funpep Dersr,—First mortgage 5 p.c. gold bonds, authorized $750,000, issued $500,000; dated Jan. 1, 1908, due Jan. 1, 1938. TRACK AND EquipMENT.—Miles of track (electric), 22; 8 motor and 66 other cars owned; 5 motor cars and g2 freight cars leased. Orricers.—Pres. & Gen. Mgr. Wm. G. Smith; V. Pres. & Sec. A.C. Montgomery; Audr. W. A. Doty, Treas. F. George, Denver, Col.; Counsel, Howard S. Robertson; Supt. H. A. Gray, Denver, Col.; Local Fygt. & Pass. Agt. L. E. Marsh, Golden and Denver, Col.; Trainmaster, Edw. Carroll; Roadmaster, O. C. Harrington, Directors.—A. C. Montgomery, Wm. G. Smith, F. G. Moffat, H. S. Robertson, H. A. Gray. GENERAL Orrick, 1426 Arapahoe St., Denver, Col.; president’s office, 807 Tramway Bldg.; repair shops, Denver, Col. RAILWAY MANUAL COLORADO Denver & Interurban Railroad Co.—Connects Denver and Boulder, and operates a street railway in Fort Collins (opened Dec. 20, 1907), and a branch to Eldorado Springs. Track AND EquipMENT.—Miles of track (electric), 54; 14 motor cars, 6 trail cars. Orvicers.—Pres, A. D. Parker; V. Pres. T. S. McMurray; Sec. & Treas. B. F. James; Audr. J. H. Bradbury; Gen. Supt. J. D. Welsh; Supt. H. E. Renick, Union Depot, Denver, Col.; Claim Agt, R. H. Doolittle; Gen. Pass. Agt. T. E. Fisher; Supt. Mot. Pwr. H. W. Ridgway; Ch. Engr. H. W. Cowan; Roadmaster, Jas. Cahill, Union Depot, all of Denver, Col. GENERAL OFFIces, Cooper Bldg., Denver, Col. The Denver & South Platte Railway Co.—Chartered in April, 1907, for fifty years. CAPITAL SrTock, authorized, $1,000,000; paid in, $250,000. FunpEp Dest.—Twenty-five-year sinking fund gold bonds, authorized and outstanding, $120,000; due Aug. I, 1932; denom. $1,000; coupon; int., Feb. and Aug. at Continental Trust Co., Denver, Col., trustee. Sinking fund of $5,000 per annum commenced Ig12. Track AND EquipmMent.—Miles of track, 5; cars leased from Denver City Tramway Co. Orricers.—Pres. H. W. Hartman; Sec. & Treas. R. C. Larkin. GENERAL OFFICE, 812 Majestic Bldg., Denver, Col. DURANGO. The Durango Railway & Realty Co.—Chartered July, 1892, and renewed July, 1912, for 20 years. Franchise granted in 1890 for 99 years. Connects Durango and Animas City, Colo. Annual meet- ing second Tuesday in August. Carira Srock, authorized, $250,000; outstanding, $219,100. Track AND EQuipMENT.—Miles of track, 2.5; 6 motor cars, 7 service cars. Orricers.—Pres. John A. Porter, Denver, Col.; V. Pres. J. E. Lundstrom, Colorado Springs, Col.; Sec., Treas., Gen. Mgr. & Pur. Agt. W. N. Bagby; Mast. Mech. Thos. D. Wheeler, all of Du- rango, Col. Directrors.—John A. Porter, Denver, Col.; John E. Lundstrom: F. D. Pastorius, Colorado Springs, Col.; J. D. Adams and W. N- Bagby, Durango, Col. ADDRESS OF GENERAL OFFIceE, Durango, Col. GRAND JUNCTION. Population in IgI0o, 7,754; in 1912, 10,000. The Grand Junction and Grand River Valley Railway Co.— Chartered Feb. 27, 1909, for 20 years, to construct a street railway in Grand Junction; also an interurban line to Fruita which was placed in operation July 14, 1910. Company furnishes lighting in Fruita, also in Grand Junction, through Grand Junction Electric, Gas & Mfg. Co., owning $250,000 stock and $247,000 of the $250,000 outstanding bonds of that company. CapiraL Srock, authorized $2,000,000, outstanding $1,200,000; balance in treasury. Funpep Desr.—First mortgage 6 p. c. gold coupon sinking fund bonds, authorized $2,000,000, issued $1,300,000; dated July 1, 1909, due July 1, 1929; denom. $1,000; int. payable Jan. and July at Color- ado Title & Trust Co., Colorado Springs, trustee. Bonds are subject to call at 105 and int. on July 1, 1914, or any int. date thereafter. Track AND EQuipMENT.—Miles of track (electric), 19.2; 8 pas- senger motor and 4 trail cars, of which 2 are of the pay-as-you-enter type, 1 electric locomotive and 1 motor freight car. Orricers.—Pres. & Gen. Mgr. E. A. Sunderlin; V. Pres. A. E. Carlton, Colorado Springs, Col.; Sec. & Treas. Ralph W. Wright, Colorado Springs, Col.; Audr. B. M. Hebard; Gen. Supt. S. M. L. McSpadden; Engr. Pwr. Station, A. C. Foster; Mast. Mech. J. N. Hinds, all of Grand Junction, Col. Direcrors.—Chas. M. MacNeill, Spencer Penrose, E. A. Sunder- lin, A. E, Carlton, Colorado Springs, Col.; Dr. H. R. Bull, Grand Junction, Col.; Thos. B. Stearns, Wm. S. Lliff, Denver, Col. GENERAL Orrick, Electric Bldg., Grand Junction, Col.; repair shops, Grand Junction, Col. GREELEY. Population in 1910, 8,279. The Greeley & Denver Railroad Co. TRACK AND EQuipMENT.—Miles of track, 6; 4 cars. Orricers.—Pres. P. W. Allen; V. Pres. J. H. Woolf; Supt. & Elec. Engr. C. L. Hartman. GENERAL Orricr, Greeley, Col. PUEBLO. ARKANSAS VALLEY RAILWAY, LIGHT & POWER CO. —Incorporated in Colorado in tgtt as a consolidation of the Pueblo & Suburban Traction & Lighting Co. : he Colorado Light & Power Co., the La Junta Electric Co. and the Rocky Ford Electric Co. Operates the CoNNECTICUT McGRAW ELECTRIC RAILWAY MANUAL 29 street railway system in Pueblo and furnishes electric light and power to Pueblo, Florence, Canon City, Cripple Creek, Victor, Goldfield, Anaconda, Fowler, Manzanola, Rocky Ford, Swink and La Junta, The outstanding common stock, except directors’ qualifying shares. is owned by the Standard Gas & Electric Co. CapivaL Stock.—Preferred, 7 p. ce. $4,000,000, oustanding $645,000; common, Outstanding $3,500,000. cumulative, authorized authorized $6,000,000, Divipenpds.—Initial dividend on preferred, 134 p.c., paid Jun® 15, I912, and the same amount quarterly to Jan., 1914, inclusive. : Funbep Dest.—First refunding mortgage 5 p. c. bonds, author- ized $10,000,000, outstanding $3,665,000. Pueblo & Suburban Traction & Lighting Co.'s first mortgage 5 p.c. gold sinking fund bonds, authorized $3,500,000, outstanding $1,997,000; coupon, but may be registered; dated Dec. 1, 1902, due Oct. 1, 1922; denom. $1,000; int. payable Apr. and Oct. at Interna- tional Trust Co., Denver, Col., trustee, and Morton Trust Co., New York; $1,030,000 reserved to retire the $1,030,000 outstanding bonds of the Pueblo Traction & Lighting Co. Subject to call after Dec. 1, Ig0g, at 104 and interest. Sinking fund commenced in 1909 sufficient to retire $50,000 bonds per annum, to be invested in the bonds in open market at not exceeding 104 and interest, otherwise bonds can be called for redemption at that price. Pueblo Traction & Lighting Co.’s first (closed) mortgage 5 p. c. gold bonds, authorized $1,500,000, outstanding $1,030,000; coupon, but may be registered; dated Jan. 1, 1901, due Jan. I, 1921; denom. $1,000; int. payable Jan. and July at International Trust Co., Denver, trustee, and Morton Trust Co., New York. Subject to call at 104 and interest. Sinking fund of $10,000 per annum, to be invested in the bonds at not to exceed 104 and interest. OrFicers.—Pres. Geo. H. Harries, Chicago, Ill.; V. Pres. & Mgr. W. F. Raber, Pueblo, Col.; Sec. Herbert List; Treas. R. J. Graf, of Chicago, Ill.; Pur. Agt. Geo. W. Milliken, Pueblo, Col. GENERAL OFFICE AND Power STations, Pueblo, Col. TRINIDAD. TRINIDAD ELECTRIC TRANSMISSION, RAILWAY & GAS CO.—Incorporated in Colorado in 1911 to acquire the property of the Colorado Ry., Light & Pwr, Co., sold at foreclosure. The Colorado Railway, Light & Power Co. was incorporated in Ig09 to acquire at foreclosure the Southern Colorado Power & Ry. Co. .Trans- acts the gas, electric power and street railway business in and about Trinidad, and operates an interurban railway connecting So- pris, Starkville, Jansen and Piedmont and Jerryville, Cokedale, Thomasville with Trinidad. Gas and electric power franchises for 20 to 30 years; street railway franchise, 50 years from Aug., 1903; in- terurban franchise perpetual. The Federal Light & Traction Co., New York, owns the entire stock and bonds. CaprraL Stock, authorized $4,000,000, issued $3,000, 300. Funpep Destr.—Five p. c. mortgage bonds, authorized $5,000,- 000, outstandiag $2,435,000, all held by Federal Light & Traction Co. TRACK AND EQuipMENT.—Miles of track (electric), 19; 8 motor, 10 freight cars; 1 electric locomotive. Orricers.—Pres. C. C. Chappelle; V. Pres. Richmond Talbot; Sec. & Treas. L. C. Gerry; Asst. Treas. H. J. Wightman; Gen. Mgr. Franklin P. Wood. CONNECTICUT. BRIDGEPORT. Population in 1900, 70,996; in IgIO, 102,054. CONNECTICUT RAILWAY & LIGHTING CO.—The com- pany owns the following: Southington & Plantsville Tram- way Co., Waterbury Traction Co., Westport & Saugatuck St. Ry.Co., Greenwich Gas & Elec. Light Co., Naugatuck Electric Light Co., Norwalk & South Norwalk Elec- tric Light Co., Cheshire St. Ry. Co., Naugatuck Valley Electric Ry. Co. Bridgeport Traction Co., Central Railway & Electric Co., Derby Street Ry. Co., Milford Street Ry. Co., Norwalk Street Ry. Co.. Norwalk Tramway Co., Shelton Street Ry. Co., Norwalk Gas Light Co., Thomaston & Watertown Elec- tric Ry. Co., The railways controlled comprise 245.618 miles of track located in and connecting Bridgeport, Norwalk, Stamford, Derby, Ansonia, New Haven, Plainville, Waterbury, Meriden and Hartford. In Dec., 1906, leased to the Consolidated Ry. Co., which has been merged with the N. Y., N.H.& H.R.R.Co. Lease provides for rental of $975,- ooo the first year, increasing each year to 1914-15, when $1,400,000, the maximum rental, payable that year and thereafter, is reached. By agreement between the N. Y., N. H. & H.R. R., the Connecticut Co. and the Housatonic Power Co., a sub-lease has been made of the electric and gas companies included in the property of the Connecti- cut Ry. & Lighting Co. The new lease is made to the United Electric Light & Water Co. of Connecticut, and covers various power stations not used for railway purposes. The lessee is to pay for the properties $365,000 a year in monthly pro rata amounts. United Gas Improve- ment Co. owns controlling interest. Annual meeting fourth Wednes- day in Sept. CapiraL SrocK.—Common, authorized and outstanding, $8,977,- 200; preferred 4 p. c. cumulative, authorized and outstanding, $8,142,- goo; par $100. Holders of the preferred received additional preferred in satisfaction for accumulated dividends to Aug. 1, 1906, and the rate was reduced from s5p.c. to 4p. c.; dividends for year ended June 30, 1913, On common, 4 p. c. Funpep Drxst.—Connecticut Ry. & Lighting Co.’s first and re- funding mortgage 4% p.c. gold bonds, authorized $15,000,000, out- standing $12,551,000, reserved to retire underlying bonds $915,000; dated Jan. 1, 1901, due 1951; denom. $1,000; int. payable Jan. and July at Colonial Trust Co., New York, trustee. Beginning 1905, in every year to July 1, 1950, sinking fund of % of 1 p.c. of bonds outstanding, and on Dec. 31, 1950, &% of I p. c. Bridgeport Traction Co.’s rst mortgage 5 p.c. bonds, authorized $2,000,000, outstanding $706,000; dated July 1, 1893; due July 1,1923; int. Jan. and July. Connecticut Light & Power Co.’s ist mortgage 5 p. c. bonds, au- thorized $1,000,000, outstanding $209,000; dated Jan. 1, 1899, due Jan. 1, 1939; int. Jan. and July. BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip. .$30,078,800 Capital stock........ $17,120,100 Consol. Ry.Co.(liability Funded debt......... .13,466,078 onexpiration oflease) 752,962 Accrued dividends.... 114,134 Sinking fund accounts 660,546 Accounts payable..... 2 Col, Tr. Co. div. fund. 31,670 Sinking fund reserve. . 660,546 Rental accounts...... 166,409 Dividend fund........ 31,670 Treas. scrip Conn. Ry. Pref'd stk. adjustment. 222,800 & Ltg. rst & ref. 4% Amount payable...... 508,186 ps 6: DONS castes 3 78: SUEplUSes. 3 see hia de 80,054 Current assets........ 4.919 Amounts receivable... 508,186 MEE Mo Se aha 6 bees $32,203,570 Teta sas in Laan ", $32,203,570 TRACK AND EquipMEN?.—Miles of track (electric), 245.618; 400 pas- senger cars (351 with motors), 5 express motor cars, 38 work cars (21 with motors), | sweeper, 1 miscellaneous motor car, 29 snow plows (5 with motors). Orricers.—Pres. R. A. C. Smith, 100 Broadway, New York ‘City; V. Pres. & Treas. Lewis Lillie, r4or Arch St., Philadelphia, Pa.; V. Pres. Walton Clark, Philadelphia, Pa.; Sec. G. W. Curran, Phila- delphia, Pa.; Asst. Treasrs. Jas. Ball and I. W. Morris; Audr. W. H. Marshall, Philadelphia, Pa. Direcrors.— Walton Clark, Lewis Lillie, Randal Morgan, Phila., Pa.; W. T. Hincks, Bridgeport, Conn.; Chas. G. Sanford, Bridgeport, Conn.; R. A. C. Smith and W. F. Sheehan, New York City; J. W. Alling, James T. Moran, New Haven, Conn.; Geo. M. Woodruff, Litchfield, Conn.; Walter Learned, New London, Conn. GENERAL OFFICE, New Haven, Conn.; power stations at Bridge- port, Shelton, South Norwalk, Waterbury, New Britain and Greenwich; repair shops at Bridgeport, Waterbury and New Britain. BRISTOL. Population in 1900, 9,643; in Igo, 13,502 Bristol & Plainville Tramway Co.—Chartered Sept. 21, 1893; franchise perpetual. Commenced operation Aug. 12, 1895. Con- nects Bristol, Plainville, Terryville and Lake Compounce. Annual mecting last Saturdayin Oct. Company furnishes electricity for light and power; gas and steam heat. CAPITAL STocK, authorized $1,000,000, issued $375,000; par value, $100 per share. Funpbep Drst.—First mortgage 4% p.c. gold bonds, authorized, $600,000; outstanding, $540,000; dated Nov. 1, 1905, due Nov. 1, 1945; int. payable May and Nov. at Bristol National Bank, Bristol; Con- necticut State Treasurer, trustee. OpERATION.—Year ended June 30, 1913. Total operating reve- nue, $100,585; total operating expenses, $64,828; net operating reve- nue, $35,757; taxes, $7,514; operating income, $28,243; other in- come, $26,117; gross income, $54,360; interest, $23,189; net divisible income, $31,171; dividends, $30,000; surplus for year, $1,171. TRACK AND EQuiIpMENT.—Miles of track (electric), main line, 12.88; sidings, .86, total, 13.74; 29 motor passenger cars, I work car, 3 snow plows. Orricers.—Pres. A. B. Tenney, V. Pres. D. Edgar Manson; Sec. & Treas. M. L. Tiffany; Gen. Mgrs. Chas. H. Tenney & Co.; 30 McGRAW ELECTRIC RAILWAY MANUAL CoNNECTICUT Mer. G. E. Cockings; Engr. Power Station, J. E. Burns; Supt. Transpt. B. A. Cockings; Supt. Elec. Dept. C. C. Michael; Supt. Gas Dept. G. L. Roberts. Direcrors.—Charles H. Tenney, Springfield; A. B. Tenney, Boston; John T. Trumbull, Plainville; Rolin J. Plumb, Terryville; Robert F. Briggs, Waterbury; Noble E. Pierce, Bristol; W. H. Put- nam and Ferdinand Richter, Hartford. GENERAL OFFICE, 7 Riverside Ave.; power station and repair shops, Bristol, Conn. DANBURY. Population in 1900, 16,537; in 1g10, 20,234. Danbury & Bethel Street Railway Co.—Chartered May 7, 1886. Annual meeting second Wednesday in Oct. This road con- nects Danbury, Bethel (3,792) and Lake Kenosia. CAPITAL STOCK, authorized $623,000, outstanding $320,000; par value, $25 per share. Dividends in 1904, 11% p. c.; 1905 and 1906, none; 1907, 1908, 1909, 1910 and IgII, 4 p. ¢c.; in 1912, Jan., 2 p. v.; none since. FuNDED Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $200,000; denom. $1,000; dated May 1, 1894, due May 1, 1914; int. payable May and Nov. at American Loan & Trust Co. of Boston, trustee of mortgage. General mortgage 5 p. c. bonds, authorized $300,000, outstand- ing. $100,000; dated May 1, 1906, due May 1, 1936; int. payable May and Nov. Novres.—Debenture 6 p. v. coupon notes, authorized and outstand- ing, $75,000; dated Mar. 1, 1908, due 1918; denom., $500 and $1,000; int. payable Mar. and Sept. Subject to call at 105 on any int. date. Debenture notes, dated 1911, due 1921; authorized $150,000, out- standing $75,000; an equal amount is reserved to retire the $75,000 debentures of 1918. TRACK AND EQUIPMENT.—Miles of track (electric), 16.07; 35 motor passenger cars, Io trail passenger cars, 3 work motor cars, 3 sweepers, I sprinkler. Orricers.—Pres. & Gen. Mgr. John Sanders, Danbury, Sec. & Treas. S. W. C. Jones, Danbury, Conn. Direcrors.—John Sanders, Danbury, Conn.; S. W. C. Jones, Greenwich, Conn.; L. T. Saunders, New London, Conn.; A. W. Sperry, New Haven, Conn. GENERAL OFFICE, 23 South St.; power station and repair shops, Danbury, Conn. GROTON. Population in 1900, 812; in Ig10, 6,495. GROTON AND STONINGTON STREET RAILWAY CO.— Organized Aug. 17, 1903, and began operation from Groton to Mystic, Dec. I9, 1904; to Stonington, Apr. 8, 1905, and to State line at Paw- catuck, Conn., May 6, 1905. Annual meeting third Monday in July. Control was acquired in 1912 by the Norwich & Westerly Traction Co. by purchase of the common stock. Leased to Norwich & West- erly Traction Co. for a term of 10 years. CapiraL Srock.—Preferred, authorized and issued, $200,000; com- mon, authorized and issued, $400,000. DIVIDENDS.—In 1908, 1909, 1910, I91I, 1912 and 1913, 6 p. v. on preferred stock; on common stock, year ended June 30, 1908, 1% p.c.; 1909, 24% p.c.; IQIO, 3 p.c.; I9II, 2% p. c.; Ig12, none. Funpep Desr.—First mortgage 5 p. c. gold coupon bonds, author- ized and outstanding $475,000; dated July 1, 1904, due July 1, 1924; denom., $t,000; int. payable Jan. and July at International Trust Co., Boston; Treasurer, State of Connecticut, trustee. TRACK AND EquipMEN!.—Miles of track (electric), 20.65; 18 pas- senger cars (16 with motors), 2 work cars (1 with motor), 2 freight cars, Orricers.—Pres. R. W. Perkins; V. Pres. A. E. Locke; Treas. A. E. Sherman. Direcrors.—M. F., Plant, Groton, Conn.; A. H. Chappell, New London, Conn.: Thos. Hamilton, Christopher L. Avery, Groton, Conn.; Robt. W. Perkins, C. D. Noyes, C. L. F. Robinson, Norwich, Conn.; A. E. Locke, Boston, Mass.; F. de C. Sullivan, New York; H. M. Verrill, Portland, Me. GENERAL OrriceE, PowER STATION AND REPAIR SHops, Mystic. Sec. & NEW HAVEN. Population in 1900, 108,027; in 1910, 133,605. THE CONNECTICUT CO.—Incorporated in Connecticut. On June 30, 1909, absorbed the Columbia Traction Co. Annual meeting third Monday in March. On June 1, 1907, began operation as agent for the New York, New Haven & Hartford R. R. Co., of the lines formerly comprising the Consolidated Railway Co., which were merged with the New York, New Haven & Hartford R. R. Co., May 31, 1907. On Feb, 28, rg10, purchased various street railway properties of the. New York, New Haven & Hartford R. R. Co. On May 1, 1913, leased to the Shore Line Electric Ry. Co. the property comprising the so-called New London division. A list follows: *Branford Lighting & Water Co. Danielson & Norwich St. Ry. Co. East Hartford & Glastonbury Horse R. R. Co. Fair Haven & West Haven Horse R. R. Co. Fair Haven & Westville R. R. Ce Farmington St. Ry. Greenwich Tramway Co. Hartford, Manchester & Rockville Tramway Co. Hartford & Middletown St. Ry.Co. Hartford St. Ry. Co. Meriden Electric R, R. Co. Meriden Horse R.R. Meriden, Southington & Com- pounce Tramway Co. Middletown St. Ry. Co. Montville St. Ry. Co. New Haven & Centerville St. Ry. Co. New Haven St. R. R. Co. New London St. Ry. Co. Norwich St. Ry. Co. People’s Tramway Co., Putnam, Conn. Putnam & Thompson St. Ry. Co. Stafford Springs St. Ry. Co. Stamford St. R. R. Co. Suffield St. Ry. Co. Torrington & Winchester St. Ry. Co. Wallingford Tramway Co. Waterbury & Pomperaug Valley St. Ry. Co. Willimantic Traction Co. Winchester Avenue R. R. Co. * Including Branford Street Ry. Co. The West Shore Ry. Co. and Connecticut Ry. & Lighting Co. are operated under leases. By agreement between the N. Y., N. H. & H.R. R., the Con- necticut Co. and the Housatonic Power Co.,a sub-lease has been made of the electric and gas companies of which control was acquired when the property of the Connecticut Ry. & Ltg. Co. was leased. The new lease is made to the United Electric Light & Water Co. of Connecticut, and covers property engaged in the gasand electric busi- ness, except power plants. The lessee is to pay for the properties $365,000 a year in monthly pro rata amounts tothe Housatonic Power Co. and is to purchase all power from that company. CapITAL Stock of The Connecticut Co. issued and outstanding $40,000,000 (all owned by N. Y., N. H. & H. R. R. Co.). Divipenps.—For year ended June 30, 1910, 1% p. c.; year ended June 30, Ig11, 2% p.c.; year ended June 30, 1912, 33{ p.c.; year ended June 30, 1913, 334 p.e. CONSOLIDATED REPORT OF OPERATION.—Year ending June 30, IQII. IgI2. 1913. Revenue from passengers..........$7,121,412 $7,582,025 $7,904,805 us ‘“ fgt., mail & express. 291,608 317,366 390,526 st ‘* other oper. sources. 202,045 176,151 159,293 Total operating revenue.......... 7,615,065 8,075,542 8,454,624 General expenses............ 529,743 611,133 645,230 Traffic €xpenseS so 0%4 044 8%0 549 Express department.......... 130,678 136,677 Transportation expenses...... 2,829,614 2,809,487 3,073,250 Maintenance of way & struct... 919,600 969,491 996,498 oe “equipment..... 877,590 630,433 656,174 Total operating expenses.......... 5,287,225 5,157,221 5,371,701 Net operating revenue............ 2,327,840 2,918,321 3,082,923 Other income and revenue........ 148,415 62,541 62,077 Total earnings................008. 2,476,255 2,980,862 3,145,000 AMES 3 scale Sic cing. eter tocee dceia are she 418,728 449,247 496,824 Interest and rentals........... 939,464 1,012,539 1,039,155 Net divisible INCOME ddnsagceriee alan 1,118,063 1,519,076 ~—- 1,609,021 Divide ndsweicaies arn vite sate aor 6 I,000,000 1,500,000 1,500,000 surplus for year. ARO A 2 PHILA: SALTO CHELSEA HATH AM LONGWOOD CHADSFORD. e *XELAM b Ont ROSENDALE, 2 ws KENNETT, SCAPENNSYLVANI4 2 peor L SQUARE _..— éeanocue DELAWARE —-~..__ nance = ou * BRANDYWINE ~. wou GHKENAMON = ZA MARGU W eh , GUYENGOURT RPE! i ROVE . gt INTERTHUR y Z ; MONTCHANI ROCKLAND HOLLY CA YY 9 HOCKESSI emours th LANDENBUR' sae NS GREENVILLE Pespprener SS < Yy OZ a KEMBLESVILLE Bier HOPE FAR LY TeV HilecRE = R/ ELSMERE £7 : BRANDYWINE SPR L res) MARSH le Ng ; ee eee ee 1_/ (> yorPicn MARYLAND; ROSSRONDS Sess CHOATE Gp, 7 S/S anton ~NEWPO i = 2 +E WATER POWER PLANTS [J SUB-STATIONS @ Uy STEAM POWER PLANTS [@] a Ny AY FAIRVILLE | | WORRY. = NE SZE- AN FARNHURST (A PENNSYLVANIA® co BE TA E DELAWARE ~~~, ZX - EDGEMONT/ UPPER Keourma rs —serree ei PROVIDENCE ‘ ye a ee LIMA BLACKHORSE PS ale px \ VELWYN g M\PRLD ODL £0 Ws N ge en E LEN RIDDLE ROSE Oo N ( \«nower £ LLEWELLYN oN MILLS Snes ; SKBROOKHAVEN < j GREENS GC HES TER = Ay Sk MORGAN BRIDGEWATER A €.. VST x - aa Me CLDDYS ~s 7 UPLAND: hn. 0 ys : i = ER | Cn iy by INE Sey dls ELSMERE \ Ce % Rs Fa kau SPRINGS ae au . & 2 : ESTUG. 4 i SY PENNGROVE 4MARGHALLTON RIAMENSI : UPPE STANTON ort 7 DeNEWPOR = B. & Y NN S 2: oe z lo feo a ‘ 7 M A R P e, \2 PROVIDENCE SYCAMORE MILLS UPPER WORRELL LEE Ye 42 ROCKDALE TODMORDON| , Q B® \MT_ALVERNO CHICHESWMER \ ™ MAGNOLIA Oy PERKINTOWN STA. a ‘ ag oO = WEST ah \ f SWEDESBORO KAS ‘ SAY __ go Ren << - << = am == %, I} = 7 By BATTENTOWN \> Oo - ° @ 8 \ MN GARRETT ROAD O [ <\ CARDINGTON ENONAH a ~~ > —~ JEFFERSON ~ XN MAP SHOWING TERRITORY SERVED BY THE SUBSIDIARY RAILWAY COMPANIES NATIONAL PROPERTIES COMPANY WILMINGTON ano PHILADELPHIA TRACTION CO. SOUTHERN PENNSYLVANIA TRACTION CO. as STEAM POWER PLANTS WIL.& PHILA. TR. CO. ie CONNECTING LINES, PHILADELPHIA RAPID TRANSIT CO. Gee E.HENCE 35 Broadway New York Disrricr or CotuMBIA McGRAW ELECTRIC RAILWAY MANUAL 30 TRACK AND EquipMen’,—Miles of track (electric) leased, 43.75; 52 Open passenger cars, 56 closed passenger cars, I combination car, 9 service cars; total 118, of which 73 have electric equipment. OrFIcers.—Pres. Van, Horn Ely, New York City; V. Pres. & Gen. Mgr. T. W. Wilson; Sec. & Treas. C.N. Ryan; Audr. C. E. Yost; Gen. Supt. Ry. Dept. W. A. Heindle; Supt. Lt., Pwr. & Tel. Dept. A. W. Burk; Supt. of Transpt. H. H. Geiger, all of Wilming- ton, Del.; Claim Agt. A. G. Jack, Chester, Pa.; Pur. Agt. J. A. Berndt, Wilmington, Del.: Ch. Engr. C. M. Cooper, Wilmington, Del.; Mast. Mech. J. W. Gerke, Wilmington, Del. Drrecrors,—Van Horn Ely, New York City; A. S. Robinson Pittsburg, Pa.; J. J. Henderson, Philadelphia, Pa.; T. W. Wilson, H. P. Scott, Wilmington, Del. GENERAL OFFick, 603 Market St., Wilmington, Del.; power station and repair shops, Wilmington, Del. For map of road see inset between pages 34 and 35. WILMINGTON & CHESTER TRACTION CO.—Chartered in New Jersey, Feb., 1898. Owns entire capital stock of the Wilmington City Ry. Co., the Front & Union St. Ry. Co. and the Gordon Heights Ry. Co., of Wilmington, Del.; also Chester Traction Co. and Chester & Delaware Street Ry. Co., of Chester, Pa.; also owns entire issues of bonds of the Front & Union Street Ry. Co. and the Gordon Heights Ry. Co. and various other securities. Controlled by the United Power & Transportation Co., which owns 39,995 of the 40,000 shares of stock. CapiTAL Stock, authorized and issued $2,000,000; par $50. Funpep Desr.—Collateral trust 5 p.c. gold bonds, authorized $4,000,000, issued $2,305,000; in escrow to retire underlying liens, $1,695,000: coupon, but may be registered; dated Apr., 1898, due Apr. 1, 1918; denom. $500 and $1,000; int. payable Apr. and Oct.; trustee, Provident Life & Trust Co., of Philadelphia. Collateral trust 5 p. c. gold bonds, authorized $5,500,000, out- standing $285,000; dated Apr. 1, 1912. due Apr. 1, 1951: $4,000,000 reserved to be issued in lieu of the $4,000,000 collateral trust bonds of 1898, at maturity; Wilmington Trust Co., trustee. GENERAL OrFFicz, 419 Market St., Camden, N. J. WILMINGTON CITY RAILWAY CO.—Chartered Feb. 4, 1864. Operated under lease and agreements the Front & Union Street Ry. Co., Wilmington & Edgemoor Street Ry. Co. and the Gordon Heights Ry. Co. for a number of years to July 1, 1910, when the Wil- mington City Ry. and its leased and operated lines were leased for g90 vears to the Wilmington & Philadelphia Traction Co. The entire capital stock of this company was acquired in 1898 by the Wil- mington & Chester Traction Co, CaPITAL STOCK, $520,000; par value, $10 per share. FuNDED Dest.—First mortgage 5 p. c. gold coupon bonds, auth- orized and issued, $600,000; dated Sept. 1, 1911, due Sept. 1, 1951; denom. $1,000; int. payable Mar. and Sept., at office of Equitable Guarantee & Trust Co., of Wilmington, Del., trustee of mortgage; redeemable on or after Sept. I, I914, at 105 and interest. Wilmington & Edgemoor first mortgage 5 p. c. gold bonds, auth- orized and outstanding $400,000; coupon, but may be registered: dated 1906, due June 1, 1946; denom. $1,000; int. payable June and Dec. at Real Estate Title Insurance & Trust Co., Philadelphia, trustee. Guaranteed as to principal and interest. GENERAL OFFICE, Wilmington, Del. People’s Railway Co.—Absorbed the Wilmington & Brandy- wine Springs Ry. and the Wilmington & Elsemere Electric Ry. Con- nects Wilmington (87,411) with Elsemere (374), Roselle, Faulkland, Marshallton and Greenbank. CAPITAL STOCK, authorized and issued, $1,600,000. FunpEp Dest, authorized and issued $1,524,000. TRACK AND EQuIPMENT.—Miles of track (electric), 31.25; 76 cars. Orricers.—Pres. S. Garland, Wilmington, Del.; V. Pres. Thos. H. Barry. Wilmington, Del.; Sec. L. H. Ball, Faulkland, Del., Treas. T. F. Barry, Philadelphia, Pa.; Gen. Mgr. & Pur. Agt. R. W. Crook, Wilmington, Del.; Audr. P. A. Barry, Wilmington, Del.; Ch. Engr. H. H. Williams, Wilmington, Del. GENERAL OFFICE, POWER STATION AND REPAIR SHops, Sixth and Hawley Sts.,Wilmington, Del. DISTRICT OF COLUSIBIA. WASHINGTON. Population in 1900, 278,718; in TgI0, 331,069. Baltimore & Ocean City Ry. Co.—Incorporated in Maryland in 1913 as successor to the Baltimore & Washington Transit Co., sold under foreclosure. Road is being rebuilt and extended. CartraL Stock, authorized, $1,000,000; outstanding, $100,000; par $100. Funpep Depr.—First mortgage 5 p. c. gold bonds, authorized, $1,000,000; outstanding, $75,000; dated 1913, due 1943; denom. $1,000; ‘coupon; int. payable semi-annually at Fidelity Trust Co., Baltimore, Md., trustee. Subject to call at ro5 and interest. Of the amount outstanding, $26,000 was used to take up receivers’ certificates and balance for improvements and extensions. TRACK AND EQuiIpMENT.—Miles of track, 4; 5 cars. Orricrrs.—Pres. Chas, Selden, Jr.; V. Pres. H. W. Williams, Baltimore, Md.; Sec. Paul Sleman; Treas. N. M. Little. GENERAL OFFICE, 516-17 Colorado Bldg., Washington, D. C. Washington & Old Dominion Ry. Co.—Incorporated in Vir- ginia in 1911, and connects Washington, D. C., Alexandria, Blue- mont and Great Falls, Va. Leased for 50 years, from June, 1912, the Bluemont branch of the Southern Ry. TRACK AND EQuIpMEN’T.—Miles of track, 98; 25 motor and 11 other cars, 2 locomotives. Orricers.—Pres. ——; V. Prests. E. B. McLean and C. H. Livingstone; Sec. A. K. Stratton; Treas. Geo. Howard; Gen. Mgr. W. B. Emmert; Gen. Fet. & Pass. Agt. J. V. Davis; Ch. Engr. O. H. Bundy; Mast. Mech. V. C. Thurston. GENERAL OFFICE, 3506 M. St., N. W., Washington, D. C.; main power station and repair shops, Rosslyn, Va. Washington Railway & Electric Company.—Incorporated as the Washington & Great Falls Electric Railway Co. July 29, 1892, by special Act of Congress; on Feb. 1, 1902, the name was changed to Washington Railway & Electric Co. On Feb. 4, 1902, purchased the assets of the Washington Traction & Electric Co.,which were sold under foreclosure in pursuance of a plan for reorganization. On Feb. 4, 1902, all real and personal property, and franchises of the Metropolitan R. R. Co. and of the Columbia Ry. Co., were pur- chased. In addition to the mileage actually owned, this company controls through stock ownership other street railroads in the District of Columbia and State of Maryland. Controls the Potomac Electric Power Co. and the Great Falls Power Co. On Oct. 19, 1910, the City & Suburban Ry., a subsidiary, acquired the Washington, Berwyn & Laurel Electric Ry. The Washington Ry. & Electric Co. acquired, in 1912, the Anacosta & Potomac River R. R. by deed in fee subject to their mortgage debt; also the Brightwood Ry. The companies controlled, with the amount of stock owned by the Wash- ington Railway & Electric Co. and the amount not owned by that company, are as follows: Capital Amount Amount not Stock. Owned. Owned. $1,750,000 $1,623,600 $126,400 Mileage. City & Suburban Ry. of Wash 41.24 Georgetown & Tennallytown Ry iC O:h6, 2h0) crrtenie fare t ae 8.67 200,000 161,000 39,000 Wash. & Glen EchoR.R. Co. 200,000 197,150 2,850 Wash. & Rockville Ry. Co... 11.50 250,000 *250,000 Wash., Woodside & Forest Glen Ry. & Power Co... 2.94 25,000 25,000 Total railways........... 64.35 2,425,000 2,256,750 168,250 Potomac Elec. Power Co.... 6,000,000 6,000,000 Grand total...........-. $8,425,000 8,256,750 168,250 *$100,000 stock of Wash. & Rockville Ry. Co., owned by Potomac Elec. Power Co. and Georgetown & Tennallytown Ry. Co. The Washington Ry. & Electric Co. also owns the following mortgage debt of the above named subsidiary companies: Furded Amount Debt Owned Georgetown & Tennailytown Ry. Co. first mtg. 6s.$70,000 $70,000 Georgetown & Tennallytown Ry. Co. second mtg.6s. 30,000 30,000 Wash. & Glen Echo R. R. Co. first mtg. 65....... 200,000 200,000 Wash. & Glen Echo R.R. Co. second mtg. 6s....... 50.000 50,000 Wash. & Rockville Ry. Co. first mtg. 5s.......... 100,000 ~=*100,000 Wash., Woodside & F.G. Ry. & P. Co. first mtg. 6s.. 40,000 40,000 Total rallwayss csnwsweu davis ws 6 Weesccdeee $490,000 490,000 ¥$25,000 Wash. & Rockville Ry. Co. first mtg. 5s owned by Potomac Elec. Power Co. The Washington Ry. & Electric Co. does not own the following mortgage debt of the above-named subsidiaries : Funded Amount Not. Debt. Owned. City and Suburban Ry. of Wash. first mtg. 5s. ..$1,750,000 $1,750,000 Potomac Electric Power Co. first mtg. 5s...... 1,750,000 ~—-1,750,000 Potomac Electric Power Co. cons. mtg. 5s..... 5,024,000 5,029,000 Grand WOtalios cece sista ght bok a cevaeenieerncive $8,529,000 $8,529,000 In Mar., 1911, the Washington & Rockville Ry. Co. was placed in the hands of Geo. W. Williams, Baltimore, Md., as receiver, on the application of the Washington Ry. & Electric Co. Receivership terminated Oct. 24, 1912. 36 McGRAW ELECTRIC RAILWAY MANUAL District oF COLUMBIA ae ee a oe CapPITaL Stock.—Common, authorized and outstanding, $6,500,- 000; 5 p. c. preferred, authorized and outstanding, $8,500,000, cumulative from June 1, 1904, and preferred in liquidation to the amount of par, together with accrued dividends. DivipENnps.—Dividends at the rate of 5 p. c. per annum are paid quarterly on preferred stock. On Dec. 1, 1909, June 1, rgro, and Dec.x; 1910, dividends of 1 p. c. on common stock were paid; in I9II, 2p.c.;in Ig12, 4 p.c.; in 1913, Mar. 1, 1 p.c.; June, 1% p.c.; Sept. I's p. c.; Dec. 1% p.c. and tp. c. extra. Washington Railway & Electric Co.'s consolidated mortgage 4 p.c. gold bonds authorized, $17,500,000, outstanding, $10,642,350; coupon, but may be registered; dated Mar. 1, 1902, due Dec. 1, 1951; denom. $500 and $1,000; int. payable June and Dec. at the United States Mortgage & Trust Co., New York City, trustee; redeemable upon any interest date at 105 and interest. Of the authorized issue, $7,607,650 bonds were to be used to retire underlying liens; $8,065,100 were alloted to old bondholders in the reorganization; $327,250 were for the purposes of the new company and $1,500,000 were for future requirements. Columbia Railway Co.'s first mortgage 6 p.c. bonds $500,000; coupon, but may be registered; dated Oct. 1, 1894, due Oct. 1, 1914; denom. $500 and $1,000; int. payable Apr. and Oct. at American Security & Trust Co., Washington, D. C., trustee of mortgage. Columbia Railway Co.’s extension mortgage 5 p. c. gold bonds $500,000; coupon, but may be registered; dated Dec. 1, 1898, due Oct. 1, 1914; denom. $500; int. payable Apr. and Oct. at the Amer- ican Security & Trust Co., Washington, D. C., trustee. Metropolitan R. R. Co.’s first mortgage 5 p. cv. gold bonds, $1,850,000; coupon, but may be registered; dated Feb. 1, 1895, due Feb. 1, 1925; denom. $1,000; int. payable Feb. and Aug. at Balti- more Trust & Guarantee Co., Baltimore, Md., trustee. Authorized by Congress for the purpose of substituting electric power for animal traction. Secured by a mortgage on the entire property, including real estate, a portion of which may be sold and the proceeds applied to a sinking fund for the purchase of the bonds at not exceeding 110 and interest, no bonds to be drawn. Anacostia & Potomac River R. R. Co.’s first mortgage 5 p. cv. gold bonds, authorized $3,000,000, issued $2,979,000; coupon, but may be registered; dated Apr. I, 1895, due, Apr. I, 1949; denom. $1,000; int. payable Apr. and Oct. at the Baltimore Trust & Guar- antee Co., Baltimore, Md., trustee; redeemable within five years from date at 110 and interest, and thereafter at 112% and interest. Any surplus not over $25,000 per annum remaining after payment of 6 p.c. on the stock is set apart as a sinking fund. $462,000 are guar- anteed principal and interest by Washington Railway & Electric Co. City & Suburban Railway of Washington Co.’s first mortgage 5 p. c. gold bonds $1,750,000; coupon, but may be registered; dated Aug. I, 1898, due Aug. 1, 1948; denom. $1,000; int. payable Feb. and Aug. at the Baltimore Trust & Guarantee Co., Baltimore, Md., trustee. Any surplus not over $25,000 per annum remaining after payment of 6 p.c. on the stock is set apart as a sinking fund. Bonds cannot be called before maturity. Washington, Woodside & Forest Glen Railway & Power Co.’s first mortgage 5 p.c. bonds, authorized $40,000, owned by Washington Railway & Electric Co. $32,000, outstanding $8,000; coupon, but may be registered; dated June 1, 1897, due June 1, 1917; denom. $500; int. payable June and Dec. at Washington Loan & Trust Co., Washington, D. C., trustee. Georgetown & Tennallytown first mortgage 6 p. c. bonds, $70,000. Owned by Washington Railway & Electric Co. Georgetown & Tennallytown second mortgage 6 p. c. bonds, $30,000. Owned by Washington Railway & Electric Co. Potomac Electric Power Co.’s first mortgage 5 p.c., 25 year, $1,000 coupon gold bonds with privilege of registration as to principal: dated June 1, 1904; due June 1, 1929; int. payable June and Dec. at office of Commercial Trust Co. of New Jersey, Jersey City, N. J., the trustee; redeemable upon any interest date at 110 and interest: original authorized issue, $4,000,000; subsequently limited to $1,700,- 000, all of which have been issued. Potomac Electric Power Co.’s consolidated mortgage 5 p. c. 30 year, $1,000 gold coupon bonds, with privilege of registration of principal; dated June 30, 1906, due July 1, 1936; int. payable Jan. and July, at the the Commercial Trust Cox of New Jersey, Jersey City, N. J., trustee. Guaranteed principal and interest by the Washington Railway & Electric Co. Authorized $7,000,000, issued $5,029,000; $1,700,000 reserved for retirement of Potomac Electric Power Co. first mortgage bonds maturing June 1, 1929, and $271,000 for future extensions and betterments. Sinking fund of 2 p. c. of outstanding bonds is set aside each year beginning Jan. 1, 1908. Bonds pur- chased for the fund are not to be cancelled. Washington & Glen Echo R. R. first mortgage 6 p.c. coupon bonds, authorized and outstanding $200,000; dated 1896, due June 1, 1916; int. June & Dec. at Washington Loan & Trust Co., Washington, D. C., trustee, or at office of Stahl & Straubl, Philadelphia. Owned by Washington Railway & Electric Co. Washington & Glen Echo R. R. second mortgage 6 p. c. bonds, $50,000. Owned by Washington Railway & Electric Co. Washington & Rockville Ry. first mortgage 5 p.v. bonds, $100,000, Directly or indirectly owned by Washington Railway & Electric Co. OpERATION—Year ending Dec. 31, IQtl. IgI2. 1913. Gross earnings from operation... .$4,336,519 $4,648,328 $4,943,315 Operating expenses.......+..-..- 2,190,611 2,287,820 2,414,9I1T Net earnings from operation....... 2,145,908 2,360,508 2,528,404 Miscellaneous income............- 16,152 13,233 10,222 Gross income less oper. expenses.. 2,162,060 2,373,741 2.538,626 Interest.........eeeeeeeeeeeees 1,077,666 1,087,366 1,104,576 A ce ol een ive ir So. wn 219,593 240,404 255,061 Other deduCHonSeus us em eeeues 13,893 20,271 22,340 Surplus. .... cee cere scene eee nee 850,908 1,025,730 1,156,649 Passed to subsidiary companies... 204,677 155,272 T O'SUPDIUS «hac nanasneeunnd e Mest 646,231 870,658 Dividends paid..........0- cee eee 555,000 685,000 847,500 Dist. to conductors and motormen unier profit sharing plan..... 30,082 Depreciation, etC.......... se eee eee 56,318 67,901 81,173 Other debits to profit and loss..... 13,490 60,524 18,182 Cheg’d off, acct. Glen Echo Park... 2,000 a a “taxes prior to 1913. 4,543 Sinking fund.........--.+eeeee eee 77,300 84,700 92,320 Credit to profit and loss..........- 80,849 Total Surplus. cada tainee et, ete 964,762 1,032,516 1,067,576 P.c. oper. expenses to gross earn... 55-57 49-22 48.85 CONDENSED BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of property...... $32,026,963 Funded debt..........$16,471,350 Investment in $500, 400 Preferred capital stock 8,500,000 Wash. Ry. & Elec. Common ‘ “ 6,500,000 Co. consol. mtg. 4 Accounts payable..... 121,460 p.c. bonds......... 416,405 Matured interest on Investment in $200,000 funded debt........ 55,495 Potomac Elec. Pwr. Accrued interest on Co. consol. mtge. 5 funded debt........ 123,287 ps ¢: bonds..22.03.2 200,000 Accrued taxes........ 54,741 Investment in $8,000 Reserves for deprecia- Wash., Woodside & tion and settlement Forest Glen Ry. & of damage claims... 595.867 Pwr. 6 p. c. bonds.. 8,000 Other deferred items. . 113 Treasury bonds...... 14,600 Profit & loss (surplus) 1,067,576 Material and supplies. 97,466 Accts. receivable, sub- sidiaty COS\. #25 2% se 74,066 Accts. receiv., miscel.. 89,902 Prepaid insurance.... 12,449 Special deposits...... 55,613 Securities and cash in sinking fund....... 5,643 sa 2 hn Se eaves eae 337,558 Disct. on obligations. . 143,007 Other deferred items.. 8,158 Dotaliscieowye tees $33,489,890 Totalemcsey cece eerag $33,489,890 TRACK AND EQuipMENT.—Miles of track (electric), 160.59; 418 closed motor cars, 166 open motor cars, (100 of the pay-as-you-enter type), 83 trail cars, 42 service cars and 25 snow plows and sweepers. Orricers.—Pres. Clarence P. King; V. Pres. & Compt. Wm. F.. Ham; Sec. S. R. Bowen; Asst. Sec. Wm. L. Clarke; Treas. C. E. Brown; Gen. Counsel, J. J. Darlington; Atty. Geo. P. Hoover; Mgr. Cl. Dept. F. J. Whitehead; Medical Officer, L. W. Glazebrook; Pur. Agt. R. W. Crowell; Supt. Transpt. J. T. Moffett; Engr. Maint. of Way, C. S Kimball; Gen. Supt. P. Elec. Pwr. Co. L. E. Sinclair; Mer. Com'l Dept. P. Elec. Pwr. Co. E. S. Marlow, Washington, D.C.; Mast. Mech. W. A. Wenner. Directors.—Clarence P. King, George Truesdell, Chas. ]. Bell, Wm. F. Ham, W. B. Hibbs, Milton E. Ailes, Woodbury Blair, Clarence F. Norment, all of Washington, D. C.; Wm. Loeb, Jr., New York City. Executive ComMItrer.—Chas. J. Bell(Chm.), Milton E. Ailes, Woodbury Blair, C. F. Norment, C. P. King. GENERAL OFFICE, 14th and East Capitol Sts., Washington, D. C.; power stations, 14th and B Sts., N W., and Bennings Road and East- ern Branch; repair shops, 24th and P Sts. For map of road see inset between pages 36 and 37. Capital Traction Co.—Chartered as the Rock Creek Ry. Co., of the District of Columbia, and on Sept. 21, 1895, purchased the Washington & Georgetown R. R. Co. and changed name to above. Annual meeting second Wednesday in Jan. CariraL Stock, authorized and issued, $12,000,000; par, $100. Divipenps.—In 1899, 3 p. c.; in 1g00, 1901 and 1902, 4 p. c.; in 1903 and 1904, 5 p. c.; 1905 and subsequently, 6 p. c. per annum. _ _Funpep Dewt.—First mortgage 5 p. c. gold coupon bonds, author- ized $6,000,000, issued and outstanding, $5,639,500; in treasury $360,500; denom. $500: dated June 1, 1907, due June 1, 1947; int. payable June and Dec. 1, at Union Trust Co., Washington, D. C., trustee. THIS LINE EXTENDS FROM DISTRICT LINE 10-4/L0 MILES 1/10 MILES PASSING AMUSEMENT PARK AT LINE EXTENDS FROM DISTRICT LINE 3- O CABIN JOHN BORE 4 on L THIS T FEEDER LINE BALTIMORE. THIS LINE EXTENDS FROM DISTRICT LINE USTRICT INE RYLAND. RATA Dp AES GP Aa » i TO ROCKVILLE. x LIME DISTRICT LINE LUS TAIT Oe OOS “ WS OS ; WASHIVe TR, SS Ms —_-— mn *~ ® 4” EUREKA Forrest Pittwood ? oF 1 Rn) PERCY JC. Jonmoul Yates City . iS Gilman 9 WATSEK, t sol Goodland Burlington %, * os Woop paler 9 aot ee. rend Wadena G AND f sy SELES ‘¢ yLochiel y Barce By ea vegd (SOS Cee ae Canton o 'N Zs las City s SWANINGTON ey MACKINAWYD CISSNA JC. e 3 Mindale OB Wentsgtton YY a Mini iy fs : Macomb y Hopedale : en Uf, : Richmond © Cai thake JP” Havans Unio ire Ce Ga-# LINCO (MUOLAVIA) c wh Rivet fy ee es 2101 Newel ilica Bowen wy Y, Sanga. Broadwell Nw é Rob Roy ~ sy > Beardstuwo é Fee eel eee SURE i Ors *% OMenden / Petersburg Williamsville ory ee vena / ee es 2 oo @ Kingman if P % S piock J coat a: MLV Tangler ° Camppoint ) Sherman & x West Union West Melcher Mecca Coxville ; Woodside Griggsville} ri ° mnsowuiie Sree Rosedale Thayer Ay ZeCOAL BLUFF yn Virden iS = Becch Grove A Roodhouse Girard IX, oe McClelland 2 Nilwood Mf & Compton CARLINVILLE an Ly. Clarksburg Harpeis Lane 12 " } Mode i praziL , a= . + & Eureka ae Gillespie S 4“. $6 Holland 3 Watson Jerseyvilie =, J 5 ‘ TERAE H OP" og BEbrlich 3 aie N = § Moccasi Sprin nil *” EPrairie City Ben z. ang Vanlalia tA = if ento Ash boro Farmeysbure ASPSALINE Y ie Rie £ a bdard NCW Clay Cit stapd Pittsburg {Goal City Hubbell WS SULLIVAN YJobnstown OW pict wy Worthington zp. okten Sy Welch IiCarlisle OyEMieton © fF Plumer ia Oaktown = Reece ew bert & 8 Busseron & Slinkard” i ZWElou = Emison 2 y binmitie w Ane > 3s Brubaker Sunn Grahans Ay SS o TW iNcenness Hankins * ri Y EG WASHINGTON Souve SALEM Be as Cypress Javous Decker Sandy Hook a oze Hazleton Blackburn, Miller qx hetersburg Cartter Kell Texi Oxi? Pairfield Munden ° ER Patoka jas Kenneth — “MOUNT VERNON Little EVANSVILLE — Princeton ‘Massey 3 ae King (OnktANo city . Le » f Gudge Spartao © DuQuoin s tng oMehenishero: pee ine AS = Whittington a cm Bickers OX Cabool Carmi SA pesehid yp SSS , } erfel SATA, chester wi BENTON SF elliott > we West Frankfort 1c y Iglchart \ Murphysboro ii S 2 Johuston City SD & , ‘ar sada e Spillertown ja Cee 5 oes OPMARION 2Bldurads CHICAGO, OTTAWA & PEORIA RY. : SHOWING CONNECTIONS WITH CHICAGO & EASTERN ILLINOIS R. R. George Straight Line Je AGO Hudgens Goreville Omar ° Henderson ZB oVienna CHICAGO, ROCK ISLAND & PACIFIC RY. oat ee aa Dixon ¢' inne! TERRITORY IN ILLINOIS. anor 6 wie KEN Fe Ky : ar ow? ° Madisonville ILLINOIS McGRAW ELECTRIC RAILWAY MANUAL 47 BALANCE SHEE?T,—Dated Dec. 31, 1913. ASSETS, Stocks of subsid. cos. .$18,305,830 LIABILITIES. Capital stock......... $17,128,900 Advances to subsid.cos 1,053,811 Accts. & notes payable 657,346 Due by “ oe 596,378 Accrued int. and div, Accts. & notes receiv'bl 321,281 on controlled cos., Stores on hand....... 262,055 NO Yet dle: vc 506s 439,571 Cash in bank......... 204,252 Special reserves...... 57,584 ‘ DUP WSs soc ieee aves sge cians 2,550,206 Totals cexs apatite $20,833,607 WOta lsc siete oases $20, 833,607 Track.—Miles of track (electric), 560 in system. OrFicers.—Pres. W. B. McKinley, Champaign, Ill.; V. Pres. Executive & Gen. Mgr. H. E. Chubbuck, Peoria, Ill.; V. Pres. & Treas. G. M. Mattis, Champaign, Ill.: Sec. T. B. Macaulay, Montreal, Can.; Atty. Geo. W. Burton, Peoria; Pur. Agt. H. J. Vance, Peoria, Ill.; Gen. Audr. B. E. Bramble, Champaign, Ul; Compt. John M. C. Horn, Champaign, Ill.; Gen. Supt. (Bloom- ington) M. G. Linn, Bloomington, Il.; Gen. Supt. (Decatur) M. L. Harry, Decatur, Ill.;Gen. Supt. Danville Lines, J. E. Johnson, Dan- ville, Hl.; Gen. Supt. Champaign Lines, H. J. Pepper, Champaign, Nl.; Gen.Supt. Jacksonville Lines, W.B. Miser, Jacksonville, Ill.; Supt. Madison County Electric Lighting & Power Co. E. D. Bell, Edwards- ville, Ill.; Supt. Peoria Ry. R. W. Bailey, Peoria; Supt. Urbana Light Heat & Power Co. Jno. A. Glover, Urbana; Engr. Maint. of Way, L. B. Martin, Decatur, Il.; Gen. Traffic Mgr. Geo. W. Quack- enbush, Springfield, Ill.; Gen. Supt. C. F. Handshy, Springfield, II1.; Land Comm. C, E. Anderson, Champaign, II].; Supt. Motive Power & Equip. J. M. Bosenbury, Decatur, Il.; Supt. Shops, O. P. Chub- buck, Decatur, Ill.; Gen. Claim Agt. S. W. Reynolds. Springfield, II1L.; Gen. Agt. C. M. Bridge; Mer. Pub. Dept. E. E. Saules, Peoria, Ill. Directors.—Wm. B. McKinley, T. B. Macaulay, S. H. Ewing, J. R. Dougal, Abner Kingman, Edward Woodman, Geo. M. Mattis, J. McKergow. GENERAL OFFICE, Champaign, IIl.; operating office, Peoria, IIL; power stations at Champaign, Danville, Jacksonville, Riverton, Ur- bana, Peoria, Edwardsville, Bloomington, Decatur and Venice; repair shops at Danville, Jacksonville, Riverton, Decatur, Bloomington, Peoria, Granite City, Springfield and Champaign. For map of system see page 46. URBANA & CHAMPAIGN RAILWAY, GAS & ELECTRIC CO.—Incorporated May 12, 1897, and purchased the Urbana & Cham- paign Electric Street Ry. Co., Champaign & Urbana Gas, Light & Coke Co., Champaign Electric Light & Power Co. and West End Park Co., thus acquiring all electric traction, lighting, power, heating, gas and amusement park systems in Champaign and Urbana. The entire capital stock is owned by the Illinois Traction Co. CAPITAL Stock, authorized and outstanding, $700,000; par $100. Funpep Dexst.—Consolidated mortgage 5 p.c. gold bonds, au- thorized $500,000, outstanding $354,000, held in escrow to retire underlying bonds $146,000; dated July 1, 1899, due July 1, 1929; de- nom. $1,000; int. payable Jan. and July at Portland Trust Co., Port- land, Me.; Illinois Trust & Savings Bank, trustee. First mortgage sinking fund 5 p.c. bonds, authorized $250,000, outstanding $138,000; coupon, but may be registered; dated June, 1897, due $8,000 annually to June 1, 1917, when the balance mature; denom. $1,000; int. June and Dec. at Illinois Trust & Savings Bank, Chicago, IIl., trustee, or at Chase National Bank, New York. Consolidated and refunding 5 p. c. debentures, authorized $4,000,000, outstanding $689,000; dated Mar. 1, 1913, due Mar. 1, 1938; int. payable Mar. and Sept. at Central Trust Co. of Ilinois, Chicago, Ill., trustee. Redeemable at 105 on any interest date. Of the bal- ance, $138,000 reserved for replacement of first mortgage bonds; $354,000 for replacement of second mortgage bonds; $2,819,000 for construction at par. TRACK AND EQuipMENT.—Miles of track (electric), 11; 20 motor cars, of which 3 are of the pay-as-you-enter type, and 10 trail cars. Orricers.—Pres. W. B. McKinley; Sec. E. A. MacNutt,; Treas. G. M. Mattis; Gen. Mgr. H. E. Chubbuck;. Gen. Supt. H. J. Pepper. DANVILLE, URBANA & CHAMPAIGN RAILWAY CO.— Chartered in Aug., 1902, for 50 years. Municipal franchise granted in Aug., 1902, for 20 years; all country franchises in the smaller towns for 50 years. Connects Danville, Ridgefarm, Homer, Hillery, St. Joseph, Urbana and Champaign. The entire stock is owned by the Illinois Traction Co. CAPITAL STOCK, authorized and issued $250,000; par $100, FunpEpD DestT.—First general mortgage 5 p. c. gold bonds, authorized and outstanding, $2,000,000; coupon, but may be regis- tered; dated Mar. 1, 1903, due Mar. 1, 1923; denom. $1,000; int. payable Mar. and Sept. at Agency of Bank of Montreal, in New York; Northern Trust Co., Chicago, Ill., trustee. Subject to call on any interest date upon 8 weeks’ notice at 105 and interest. Guar- anteed jointly by Danville Street Railway & Light Co. and Urbana & Champaign Railway, Gas & Electric Co. Mortgage 6 p. c. gold bonds, authorized $500,000, outstand- ing $292,000; coupon, but may be registered; dated 1905, due $50,000 annually, beginning Jan. 1, 1908; denom. $1,000; int. payable Jan. and July at New York Agency, Merchants Bank of Canada; Montreal Trust & Deposit Co. and Thos. Fyslie, trustees. The $50,- o00 of bonds due Jan. 1, 1908, and Jan. 1, 1909, and $42,000 of the $50,000 due Jan. 1, IgII, were extended; $208,000 have been retired. Guaranteed by Illinois ‘l'raction Co. General mortgage 6 p. v. bonds, outstanding $700,000. Track AND Equipment.—Miles of track (electric), 64, practically all of which is on private right of way; 21 double truck passenger motor cars, § trail passenger cars, 5 freight motor cars, 152 freight trail cars, ro electric locomotives, 3 service cars. Orricers.— Pres. W. B. McKinley, Champaign, Ill.; Gen. Mgr. H. E. Chubbuck; Sec. E. A. MacNutt; Treas. Geo. M. Mattis, Cham- paign, Ill.; Supt. of Trans. M. Connor, Danville, III. GENERAL Orricr, Danville, Ill.; power stations and repair shops, Champaign and Danville. WESTERN RAILWAYS & LIGHT CO.—Incorporated in Mar., 1907, in State of Maine. The outstanding common stock was ac- quired in 1913 by the Illinois Traction Co. One $100 share of Illinois Traction Co. common was given for each two $roo shares of Western Rys. & Light common. Owns entire capital stock of the following: Abingdon Light & Power Co., Atchison (Kans.) Ry., Light & Power Co., Cairo Ry. & Light Co., Central Ltg. Co. of La Salle & Peru Chicago, Ottawa & Peoria Ry. Co., Citizens Ry. of La Salle & Peru, Galesburg Ry. & Light Co., Illinois Valley Ry. Co., Jefferson City (Mo.) Bridge & Jefferson City (Mo.) Light, Heat & Power Co., Knoxville (Ill.) Elec. Power Co., Marseilles Water & Light Co., Mound City Light & Water Co. Northern Illinois Lt. & Trac. Co., Peoples Traction Co., Quincy Railway Co., Wichita(Kans.) Ry. & Light Co. Light & Transit Co., CariraL Srock.—Common, outstanding, $4,521,800; par $100; preferred, 6 p. c. cumulative, outstanding, $3,169,000; par $100. No more preferred stock can be issued unless the surplus earnings above expenses and interest for the previous year were equal to g p.c. on all the preferred stock outstanding and on such additional stock as it is proposed to issue. Earnincs for year ended Dec. 31, IQII. 1912. 1913. GPOSS TEVENUE pos assoc ee eaerees $2,044,895 $2,294,830 $2,573,001 EEX PCTISESia:s 54 suse Sang abertonuernnress ez 1,270,982 1,421,830 1,585,537 Net: €arningsacccsdsss sears ckaesles 773,913 873,000 987,464 Interest on bonds............. 474,691 536,398 620,561 Dividends on preferred........ 142,260 160,035 190,140 SUP DIUS ao i cloua te awe sa aiee haa 156,962 176,567 176,763 Surplus from previous year........ 379,928 457,234 518,172 Appropriation for depreciation.... 50,000 86,229 102,944 Dis. on bonds of controlled cos.... 29,656 29,400 21,035 Total surplus account............. 457,234 518,172 570,956 Oper. expenses p. c. of earnings... 62.63 62.71 62.38 STATISTICS OF TRAFFIC. Year ended Dec. 31, IgiI. Fare passengers carried, city lines.................. 0000. 18,994,626 Ee “e - interurban lines.............., + 3,557,621 Transfer passengers carried, city tines... ................ 4,197,927 ns of interurban lines............ 184,281 Car milés run, City HS). sciseaie na ees ceeds es eines 4,575,187 ye "interurban MMeSi 3.0 eee. cas aauires aeanjees 1,309,203 Car hours; City NIMES: weceesie satshedus Nana ee mee ces a eRe 581,711 ee eS dnterurban: Hnesinisscns4 os e004 oeiess weetewwans 98,719 Gross earnings per car mile, city lines................... $.2024 * os shee Sutera baneliMes a.ccs asia sai -2856 Total expenses per car mile, city lines................00. -1081 es ss fe se fe “interurban lines............. «2138 TRACK AND EQuipMENT.—Miles of track, city lines 98.36, inter- urban lines 124.31, total 222.67; city lines have 173 motor and 52 other cars, interurban lines have 45 motor and 45 other cars. Orricers.—Pres.W. B. McKinley, Champaign, IIl.; V. Pres. Geo. F. Duncan, Portland, Me.; V. Pres. & Gen. Mgr. H. E. Chubbuck, Peoria, Ill.; Sec. E. A. MacNutt, Montreal, Can.; Treas. E. Wood- man, Portland, Me.; Asst. Treas. W. H. Carnahan, Champaign, II1.; Gen. Audr. W. J. Achelpohl, Peoria, Il.; Compt. John M. C. Horn, Champaign, Ill.; Pur. Agt. H. J. Vance, Peoria, Ill. GENERAL OrricEe, Champaign, III. CHICAGO. Population in 1900, 1,698,575; in 1910, 2,185,283. FRANCHISES.—Franchise ordinances, similar in character, granting rights to the Chicago City Ry. Co. and the Chicago Rys. Co., were passed by the City Council on Feb. 11, 1907. Under a supplemental ordinance, passed in 1913, an operating unification of the surface properties in the city has been effected. Summaries of the main pro- visions of these ordinances follow: McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS ORDINANCES OF 1907. The rights expire on Feb. 1, 1927. The motive power is to be electrically applied by the overhead trolley system, although after three years the city may require opera- tion by the underground conduit system. The city may require the companies to join in defraying the cost of construction of subways for downtown terminals. The total amount which the companies shall be required to contribute to this construc- tion shall not exceed $5,000,000, exclusive of the cost of reconstruct- ing present tunnels under the Chicago River. Provision was made for rehabilitation of the properties, and this has been completed. The value of the property of the Chicago City Ry. Co. was fixed as $21,000,000 on June 30, 1906. From that time to Jan. 31, 1913, $24,467,703 was expended in rehabilitation and con- struction by this company, making the total valuation on that date $45,467,703. The value of property of the Chicago Rys. Co., was fixed at $29,000,000, as of June 30, 1906. Between that date and Jan. 31, 1913, the value was increased to $88,018,148. The three-year period of rehabilitation dates from the time of acceptance of the ordinances and expired on April 15, 1910, for the Chicago City Ry., and on Jan. 28, 1g1I, for the Chicago Rys, Co. The companies were allowed Io p. c. upon cost for conducting the work of rehabilitation, and 5 p.c. for services in procuring funds therefor, including bro- kerage. During the three-year period of ‘‘immediate rehabilitation” 70 p.c. of the gross receipts was set apart for operating expenses, includ- ing maintenance and repairs so far as needed, while the residue of the percentage was applied to the cost of renewals. All expenditures for renewals during the three-year period in excess of the residue of 70 p. vc. were charged to capital account. After expiration of the three-year period of rehabilitation new conditions governed charges for maintenance, repairs, renewals and depreciation, but these were amended by the 1913 ordinances. The 1907 ordinances provided that for maintenance and repairs at least 6 p.c. of the gross receipts were to be expended each year; 8 p.c. of the gross receipts were to be set aside as a separate reserve fund for renewals and depreciation. The Board of Supervising Engineers was directed to authorize payment of such amounts as were necessary for renewals, and the balance unexpended was designed to provide for depreciation. Such percentages of gross receipts for injury claims as the board should estimate were to be set aside. Supervision of the rehabilitation and of subsequent new construc- tion is exercised on behalf of the city by a Board of Supervising En- gineers. This board consists of one member to represent each company, one member to represent the city, and Bion J. Arnold, who is also appointed chairman. The city may purchase the systems, but only for municipal oper- ation in case of purchase prior to Feb. 1, 1927, at the values as stipu- lated in the foregoing, plus the cost of rehabilitation and plus 5 p. vc. on the cost of rehabilitation. The city also may purchase, prior to Feb. 1, 1927, free from any restrictions as to operation, at the values fixed in case of purchase for municipal operation plus 20 p.v. The city may designate licensees to purchase at the prices at which the city has the right to purchase for municipal operation, plus 20 p. ce. The licensees shall not be required to pay the additional 20 p. c. if a contract is made limiting the interest of the licensee to return of the money actually invested and not ex- ceeding 5 p. c. in addition and interest upon the money and the additional percentage at not exceeding 5 p. c. _If the city does not purchase prior to Feb. 1, 1927, it may desig- nate any person, firm or corporation to purchase on or after that date upon the same terms on which the city could then purchase. Under the plan for an annual accounting and division of net receipts with the city (which is continued on similar lines in the 1913 ordinances) it was provided that the city may use its proportion in the reduction of fares. The companies shall not be required, on account of subway ex- tension, underground conduit construction, cxtensions of the street railways other than those for which specific provision is made in the ordinance, and four miles of double or eight miles of single track an- nually in the case of the Chicago City Ry. Co., or 6 miles of double or 12 miles of single track in the case of the Chicago Rys.Co., to increase the total capital investment to such an extent that the return above the interest charge of 5 p.c. would be reduced to an inadequate or un- reasonably small amount. AMENDATORY ORDINANCE. An amendatory ordinance was passed by the City Council of Chicago on Oct. 10, 1910, giving the Chicago Rys. Co., which pur- chased the property of the Chicago Consolidated Traction Co. at fore- closure sale, the right to construct, maintain and operate certain addi- tions. A valuation made by Bion J. Arnold and George Weston determined the value of $3,930,684 placed upon the Consolidated property and incorporated in the ordinance. Rehabilitation of the property acquired was prescribed, and provisions similar to those in the main ordinances were included. FRANCHISE oF CALUMET & SourH Crmcaco RAILWAY Co.—A similar ordinance granting a franchise tu the Calumet & South Chicago Ry. Co. was passed by the City Council on Mar. 30, 1908. The prin- cipal points of difference between this ordinance and the franchises of the Chicago Rys. Co. and the Chicago City Ry. Co, are indicated in the following summary of the provisions in which changes were made: The period of rchabilitation was three and one-half years, and in- stallation of the underground conduit system may be required after the end of that time, subject to the limitation of capital investment by which the other companies are protected. No contribution toward the cost of construction of subways is required. Trailers may be used at times. The purchase price for city acquisition is to be based on (1) an appraisal made by Bion J. Arnold and George Weston as of Jan. 31, 1908, fixing a value of $5,000,000, plus (2) additions made pursuant to the provisions of the ordinance. The Chicago City Ry. Co., if authority is granted by the City Council, may purchase the property at the price at which the city may purchase for municipal operation, plus an additional 12 p. c. One-half of the average balances in funds for maintenance, renewals, insurance and personal injury claims may be invested in bonds of municipalities, etc., of Illinois. SUPPLEMENTAL ORDINANCE AND AGREEMENT OF 1913 CREATING ‘‘CHICAGO SURFACE LINES.” An ordinance providing for unified operation of the surface street railways operating in the city of Chicago was passed by the City Council of Chicago on Nov. 13, 1913. The preamble states that the street railways are owned by the Chicago Rys.Co., the Chicago City Ry. Co., the Southern St. Ry. Co., and the Calumet & South Chicago Ry. Co. Competent engineers estimate that unified operation will increase downtown terminal capacity of the surface lines fully 30 p.c. It will also give the five-cent fare to the district previously served by the Calumet & South Chicago Ry. Co. for 10 cents for rides between the central business section and that district. Unified operation of all surface street railways within present and future limits of Chicago, is stipulated, with like effect as regards service as though all companies were owned and operated by one company. The ordinance provides for through routing of all cars so far as adequate local service balances and for the elimination of all switch- backs in the downtown district by use of loops or by the re-routing or through routing of cars. The companies shall substitute loops or transfer stations for switchbacks in the outlying districts when so ordered by the City Council and approved by the Board of Supervising Engineers, created under the 1907 ordinances. The companies are to purchase sufficient additional cars to utilize at all hours the additional downtown track facilities made available by through routing. . They are to utilize to their full capacity the increased downtown terminal facilities to produce a higher average schedule speed. A five-cent fare is prescribed throughout the entire present and future limits of Chicago on surface lines. Those pro- visions in previous ordinances which exclude from the requirements the issuance of transfers in certain districts, shall be eliminated so that there shall be no exception to the universal five-cent fare. The companies, with the approval of the Board of Supervising Engineers, may adopt reasonable rules and regulations for the transfer of passengers to prevent fraudulent or improper use of transfer privileges. It shall be unlawful for any person to sell, barter or exchange for any consideration whatever any such transfer, or to give away such transfer; to receive or to use ur attempt to use or offer for passage upon any car, any such transfer not issued for the use of such person by a company representative; to throw away or otherwise discard any such transfer without first tearing it in two; to use or attempt to use or offer any such transfer after having interrupted or suspended his or her passage for the transaction of business; to counterfeit any such transfer; to punch or alter or change the punching of any such transfer. Any violator shall be liable to fine of not less than $1 nor more than $25 for each offense. The companies are required to enter into an operating agreement, which shall be subject to all terms, stipulations, requirements, conditions and obligations of the 1907 and subsequent traction ordinances of Chicago, except so far as they are expressly or by necessary implication modified or supplemented by the 1913 ordinances. The basis of accounting between companies and city which has been in effect under the 1907 and subsequent ordinances with reference to renewal, maintenance, operating and other funds and any other questions of accounting, shall be continued as heretofore except as modified by this ordinance, subject to revision by the Board of Supervising Engineers, provided that the distribution in accounts of the companies of the cost of purchased power shall continue as heretofore ; and the Board of Supervising Engineers shall have the power, when, and to the extent that it deems proper, to require the companies to increase the monthly payments into their respective funds for renewals and depreciation up to Io p. c. of the gross receipts; but nothing shall be construed as curtailing obligations of the companies or power of the Board of Supervising Engineers under existing ordinances with respect to expenditures and reserve funds whether for maintenance and repairs or renewals and depreciation. Any other questions of accounting not covered by the ordinance shall be determined by the Board of Supervising Engineers ; provided, however, that this shall not apply to any pending litigation between the companies or between either of them and the city, or to any claims in dispute or that may hereafter arise between city and companies other than the questions of accounting mentioned, Thecom panies may invest from time to time in first mortgage bonds secured by their propertics such amount of their renewal funds as shall be approved by the Board of Supervising Engineers and the City Comptroller, such bonds to be taken at the market price, but not to exceed par. Interest shall be paid into and belong to the renewal funds. Any part of such bonds may be sold upon terms approved by the Board of Supervising Enginecrs and the City Comptroller and the ILLINoIs McGRAW ELECTRIC RAILWAY MANUAL 49 proceeds paid into the renewal funds. The bonds shall be deposited with a depositary selected by the Board of Supervising Engincers and the City Comptroller and shall be subject to their joint order. The companies may lease from time to time any real estate belonging to them, not used for transportation purposes, on terms approved by the Board of Supervising Engineers and the City Comp- troller. Net income derived from the property so leased shall be accounted for as part of gross income under the old ordinances. The Calumet & South Chicago Ry. Co. waives any claims and rights under the previous ordinance to collect a second five-cent fare in the territory south of 79th Street. In consideration there was paid to the company out of the city’s 55 p.c. of net receipts of the south side surface lines, for the year ending Jan. 31, 1914, a sum equal, including interest adjustments at 5 p. c. per annum, to the annual deficits of the company as defined by ordinance. The Board of Supervising Engineers found the present worth of the deficits as of July 31, 1913, to be $303,545. An operating agreement between the companies was made part of the ordinance. The agreement shall extend from the effective date of the unification ordinance to Feb. 1, 1927, or until such time, prior to then, as the properties of the companies, or any of them, shall be purchased by the city or its licensee, under the terms of previous ordinances. Previous ordinances remain in effect except as they are modified by the rgr3 ordinance and agreement. The separate ownership and identity of the properties of each of the companies shall at all times be preserved and maintained so that upon termination of the agreement each of the companies or its successors shall have all of its property to the same extent as if the agreement had not been entered into. Each company shall, at its own expense, provide the necessary capital for construction, reconstruction, equipment, re-equipment and extension of its lines and systems as required by the earlier ordinances. The agreement designates the properties as the ‘‘ Chicago Surface Lines.’”’ Provision is made for a Board of Operation consisting of seven persons, four to be chosen by directors of the Chicago Rys. Co. and three by directors of the Chicago City Ry. Co. Members of the first Board of Operation shall hold office until Feb. 1, 1917, and until their successors are appointed. At the end of that period and every three years thereafter successors shall be appointed for another period of three years except that the term of office of members of the last board shall extend from Feb. 1, 1923, to Feb. 1, 1927. The duties of the Board of Operation shall be similar to those of a board of directors. If at any time any company shall claim that the Board of Operation has discriminated against it, the claim shall be decided by an umpire to be selected by the companies, and his decision shall be binding upon the companies as well as upon the Board of Operation, but it shall not affect the authority of the City Council or Board of Supervising Engineers. From the gross receipts from unified operation for every year ending on Jan. 31, there shall be deducted:. All expenses of operation as defined under the rgo7 and other ordinances, including mainten- ance, repairs and renewals and all damages and claims arising or growing out of injuries to persons or property, but not including any sum paid by companies to the city for city license fees for companies or employees; all amounts contributed during the year and held in reserve under provisions of the ordinances for maintenance, repairs and renewals and personal injury claims; all amounts paid out for taxes and assessments upon real and personal property of the companies, including all capital stock or franchise taxes levied or assessed after Jan. 31, 1914; and all salaries and expenses of the Board of Supervising Engineers authorized by ordinances. In case gross receipts in any year shall not be sufficient to pay in full the amounts mentioned, deficits shall be paid out of gross receipts of the subsequent year or years. After the deductions mentioned, the amount remaining shall be considered as the residue of the gross receipts divisible between the companies and shall be divided as follows: During the period of two years beginning Feb. 1, 1914, 59 p. c. to the Chicago Rys. Co., and 41 p. c. to the Chicago City Ry. Co., including the Calumet & South Chicago Ry. Co., and the Southern St. Ry. Co.; during the remainder of the period covered by the agreement 60 p. c. of the residue to the Chicago Rys. Co., and 4o p. c. to the Chicago City Ry. Co., including the Calumet & South Chicago Ry. Co., and the Southern St. Ry. Co. The Chicago Rys. Co., from its percentage of the residue receipts shall deduct 5 p. c. per annum for the preceding year upon the amount of the cash purchase price of the properties which the city would then be obligated to pay under the ordinances of 1907 and rgro if it were to purchase the property for municipal operation on the Jan. 31 preceding. In case in any year the company percentage of the residue receipts shall not be sufficient to pay the 5 p.c. per annum upon the purchase price, the deficit shall be paid out of the per- centage for the subsequent year or years. After deduction of the 5 p. c. per annum the amount remaining shall be considered as the divisible net receipts for the year of the Chicago Rys. Co., arising from unified operation and 45 p. v. shall be retained by the company and 55 p.c. shall be paid to the city, but there shall be credited thereon all amounts paid during the preceding year by the company for city license fees for the company or its employees. The Chicago City Ry. Co. is governed by the same provisions except that its 5 p. c. is computed on the aggregate amount of the purchase price of the total properties of the Chicago City Ry. Co., the Southern St. Ry. Co. andthe Calumet & South Chicago Ry. Co. The 45 p.c. in this case is to be divided between these three com- panies upon such basis as they shall determine. During the period of the agreement the Board of Operation shall deposit monthly the amounts required for renewal and depreciation reserve fund as specified in the traction ordinances; and 60 p.c. of the fund shall be set aside for renewal and depreciation of the pro- perty of the Chicago Rys. Co., and 4o p. c. for renewal and deprecia- tion of the properties of the other companies to be apportioned among them as they shall agree, but such apportionment shall be subject to ap- proval by the Board of Supervising Engineers. Accounts shall be kept to show expenditures by companies. The ordinance shall not curtail the powers of the Board of Supervising Engineers with reference to the renewal and depreciation fund as stated in previous ordinances. The Board of Operation shall spend for maintenance and repairs at least 6 p. c. per annum of the gross receipts of the properties. If this amount is not expended by the board during any year, at the end of the year the unexpended portion shall be deposited in a fund and held subject to the conditions of the ordinances. Such fund shall be used for maintenance and repairs of all of the lines from time to time as may be deemed necessary by the Board of Operation and shall be equitably applied without discrimination in favor of the property of any one or more of the companies. The Board of Operation shall also pay a sufficient fund for the payment of injury and damage claims accruing subsequent to Jan. 31, 1914. Any excess balance remaining in the fund at any time shall be apportioned between city and company in the manner provided by the ordinances. New capital investment which shall constitute a capital charge shall, as nearly as practicable, be made by the companies in the pro- portion of 60 p. c. by the Chicago Rys. Co. and 40 p. c. by the Chicago City Ry. Co., including the Calumet company and Southern company. In order that the burden of carrying charges at 5 p.c. per annum upon the new capital investment may be borne by the companies in the proportion named the Board of Operation, on Jan. 31 in each year, shall ascertain the total amount determined by the Board of Supervising Engineers for the preceding year, and if in any year the carrying charge of either company shall exceed its proportion, the excess carrying charge shall be equalized. Operating and construction matters are also covered by the ordinance and operating agreement. Unified operation of the lines became effective on Feb. 1, 1914. Chicago Surface Lines.—An operating consolidation of surface street railways in Chicago, effective Feb. 1, 1914, under an ordinance passed by the City Council on Nov. 13, 1913. Comprises the Chicago Rys. Co., the Chicago City Ry. Co., the Calumet & South Chicago Ry. Co., and the Southern Street Ry. Co., although these companies still retain their corporate existence. An abstract of the ordinance creating the operating combination is given under Chicago. OrrFicers.—Pres. L. A. Busby; V. Pres. Williston Fish; Treas. Markham B. Orde; Sec. & Asst. Treas. Fred. D. Hoffman; Asst. Sec. Frank L. Hupp; Gen. Audr. John J. Duck; Gen. Counsel, W. W. Gurley; Gen. Atty. J. R. Guilliams; Ch. Engr. H. B. Fleming; Supt. Transpt. W. M. Weatherwax; Elec. Engr. J. Z. Murphy; Gen. Claim Agt. Sidney Ossoski; Pur. Agt. F. C. Evans. Boarp oF OpERATION.—Henry A. Blair (Chmn.), John M. Roach, Chas. C. Adsit, Wallace Heckman, Leonard A. Busby, Ira M. Cobe, and F. O. Wetmore; Umpire, John J. Mitchell. ' Chicago Railways Co.—Incorporated in Oct., 1903, and on Jan. 25, 1908, acquired at foreclosure sale the property of the Chicago Union Traction Co., comprising the West Chicago Street R. R. (chartered July, 1887) and the North Chicago Street R. R. (chartered May, 1886, for 99 years). In 1gto purchased the properties of the Chicago Con- solidated Traction Co., and on Dec. 29, 1910, sold the lines of that system lying outside of the city. to the County Traction Co., now Chicago & West Towns Ry. Co. Abstracts of the ordinance passed on Feb. 11, 1907, and the supplemental ordinances and ac- companying agreement of 1913 are published under Chicago. On May 23, Igto, directly after a judgment for $1,344,000 had been entered against the company in the Superior Court of Cook County, Judge P. S. Grosscup, of the United States Circuit Court, ap- pointed John M. Roach and Henry A. Blair receivers, as a pro- tective measure. The judgment was rendered on the suit of holders of bonds of the Chicago Consolidated Traction Co. The receivers were discharged Dec. 27, 1910. Under the rg13 ordinance, creating the Chicago Surface Lines, unified operation was started on Feb. 1, IgI4. CariraL Srock, $100,000. The capital stock has been deposited with trustees and is the basis of four series of participation certificates representing 265,100 equal parts. In series 1, 30,800 parts; series 2, 124,300 parts; series 3, 60,000 parts and series 4, 50,000 parts. Series 1, 2and 3 are entitled, in order given, to cumulative dividends of $8 for each part, beginning with year ending Aug. 1, 1908, and in the distribution of capital, to $100 for each said part; series 4 is en- titled to any remaining profits or capital distributed. The payment of dividends on series 2 is restricted to $4 a year on each certificate ($497,022.16 for the series) so long as more than 50 p. c. of series “‘C” bonds (see below) remain outstanding, and thereafter to $5 per certifi- cate ($621,277.70 for the series) until the remainder of series “C” bonds is redeemed. Series 2 is entitled to unpaid accumulation on 50) McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS account of its S* per certificate (beginning with year ending Aug. I, 1908), but only when earned and after payment of all accumulations of bond sinking fund requirements and of dividends on series I. DivIpENDs.—On Nov. 15, 1908, an initial dividend of 4p. c. was paid on series 1 participation certificates, and on Sept. 1, 1909, 8 p. ¢. was paid, being the maximum yearly amount payable on this series; in 1912, payable Oct. 31, 6p. c.; in 1913, 28 p.c.; in Feb., 1914, initial dividend of 4 p. c. paid on series 2. Funpep Depr.—First mortgage 5 p. c. gold bonds issued, out- standing $49,955,000 (coupon and registered); dated Feb. 1, 1907, due Feb. 1, 1927; denom. $1,000; int. payable Feb. 1 and Aug. 1 at the Harris Trust & Savings Bank, Chicago, trustee, or at Harris, Forbes & Co., New York; redeemable on any int. date at par and accrued int. The authorized issue is limited to the amounts required for re- habilitation, extensions, etc. Consolidated mortgage 5 p. c. bonds, series ‘‘A,”’ authorized and issued $17,403,800; series ‘‘B,” authorized and outstanding $17,164,- 475; series “‘C,” authorized $4,000,000, outstanding $1,927,336; total outstanding $36,495,611. These bonds have been issued to meet the cash requirements of organization and in exchange for bonds, float- ing indebtedness and other obligations of the old companies; also $832,000 as security for $500,000 notes issued in exchange for North Chicago City Railway bonds. Series ‘‘C’’ bonds have a sinking fund of $250,000 per year, if earned, beginning Aug. 1, 1908, cumulative until paid. * Purchase money mortgage 4 and 5 p. cv. gold bonds, authorized $6,000,000, outstanding $4,073,000; coupon or registered; dated rgro, due Feb. 1, 1927; denom. $500 and $1,000; int. Jan. and July; Illinois Trust & Savings Bank, Chicago, trustee. Bonds bear interest at 4 p.c. per annum during first 5 years, thereafter 5 p.c.; redeemable at par and interest on any interest date. * Adjustment income mortgage 4 p.c. gold bonds, authorized and outstanding $2,500,000; coupon or registered; dated 1910, due Feb. 1, 1927; denom. $100 and $500; Central Trust Co. of Illinois, Chicago, trustee; redeemable at par and interest on any interest date. * Bonds covering ‘‘city lines’ of former Chicago Consolidated Traction Co. PARTNERSHIP INCOME ACCOUNT’. For the year ending Jan. 31, INCOME, IgI2. IgI3. Igtd. RaSSene Gti nwwns-.ey non eae aula $16,737,408 $17,709,206 $19,243,056 Chavtered CAT Sica cau esee nae se 4,698 4,806 4:597 Dit CATS ete eee eee a ew eee 37,809 31,489 38,238 AAVErtISING secede esc ecese eats 100,000 100,000 100,000 Rent of land and buildings..... 15,205 8,024 7,239 Rent of equipment............. 14,054 12,545 7,902 Sale of power. ...........-esnee 120,090 60,413 46,163 Interests on deposits (net). ..... 54,937 61,361 gt, 102 Miscellaneous............2000- 75,494 88,933 136,418 Gross income from all sources.. 17,156,495 18,070,777. 19,674,715 EXPENSES. Maint. of way and structures... 747,581 738,174 644,337 MO EQwIpMen ts scisuaiiases 868,278 682,862 722,549 Operation power plants........ 1,774,302 1,852,719 1,991,090 — Chobe. a eeane eOys 4,643,183 4,881,644 5,176,465 CONS. coares wekaw Ka eae ewes 1,820,280 1,410,693 1,425,318 RenewalSescmncanisGatedaereseaa.” Tg81,n78 1,446,142 1,575,208 TAKES 4a 2dorn Wo APRs Wane eo 2 855,391 676,959 *813,159 Investment real estate,expense. 25,909 39,309 23,678 otal CXPENsSeSicev eae nekaees eee 12,113,102 11,728,502 12,371,804 VR ew SS eR ha eae kee K eS 5,043.393 6,348,275 7,302,911 Deduc., interest at 5 p.c.on val.. 3,549,018 3,778,449 3,928,580 Netim@OMes s¢ u2eaas «sie einsaace 1,494,375 2,569,826 3,374,331 Chicago Rys. Co., 45 p.c....... 672,469 1,156,422 1,518,449 City of Chicago's propor.,55 p.c. 821,906 1,413,404 1,855,882 *Estimated. STATEMENT’ (non-partnership account). Year ending Jan. 31, Igl2. 1913. IgI4. Co.’s propor. inc. from jointoper... $ 672,469 $1,156,422 $1,518,449 Interest allowance on valuation... 3,549,018 3,778,449 3,928,580 ss on bank balances... 4x x. 125.877 PO2.975 161,734 a ‘* treasury securities.... 54,042 90,653 93,478 a “* bondsand collat. notes ANOLE ASSTOG. 3 sve sdasiielaacsucssanmuevan eee 25,785 Miscellaneous income............ 2,457 840 175,000 Total gross income.........essee. 4,429,648 5,149,139 5,877,241 Interest first mortgage bonds, 2,180,267 2,297,750 2,478,945 — consol. mtg. bonds.. 1,218,792 1,817,919 1,830,572 a col. and fund. notes. 396,900 24,900 Purchase money, bonds...... 162,920 162,920 162,920 Current Viabilitiesicnce css s ces iaee 1,120 Sinking fund reserve account. 250,000 250,000 250,000 Corporate exps. and adjust... 118,401 120,574 157,297 ‘Total: Ged uctiOns: «1:4 acc nieceseyaietrn’s 4,328,424 4,674,063 4,880,854 Net inc. available for dividends... IOI,224 475,076 996, 387 P. c. oper. exps. to gross income. 57.56 53.14 50.75 STATISTICS OF TRAFFIC. Year ending Jan. 31, 1912. 1913. IgI4. Revenue passengers carried. ..334,769,338 335,518,500 358,451,459 Free ss en 3,765,506 Transfer “ “239,589,482 256,408,891 273,456,205 Passenger car mileage. ........- 57,208,131 59,276,772 62,807,503 Mail - tutes ace avanvee 196,074 188,575 206,736 BALANCE SHEET.—Dated Jan. 31, I9T4. ASSETS. LIABILITIES. Road, equipment and Capital stock......... $ 100,000 PCIE ss caw wus $91,241,253 Bonds......- ss. eee ees 86,450,611 Treasury securities.... 1,614,447 Purchase money bonds Other securities of the due Feb. 1, 1927.. 4,073,000 company held by Adj. inc. bonds due PPUSTEES cp tude ee 501,980 Feb. I, 1927...... 2,500,000 Cash and cash items... 5,565,668 Underlying sec. ex- Accounts receivable... 156,308 changeable under Advanced rentsXinsur- LAD nehccteesoecee asa 1,980 ance premiums.... 43,604 Current liabilities...., 2,004,183 Income from treasury Int., taxes and sinking securities accrued. 22,763 fund accrued..... 1,805,773 Reserve, damages, etc. 1,980,043 Sump usiwve:deorsataeeaes 230,433 Ptabas vans kewes wee $99,146,023 Total. ............. $99,146,023 TRACK AND EouirMENtT.—Miles of track (electric), 480; 1,620 closed and 30 open double truck motor cars, of which 1,569 are of the pay-as-you-enter type; 125 single truck passenger motor cars. Power Srarions.—Western Ave. and Washington Blvd., Ch: Ener. J. Allen; Hobbie St. and Hawthorne Ave., Ch. Engr. Pat. O'Connell; California Ave. and Roscoe St., Ch. Engr. Fred. Ceals. Direcrors.—Henry A. Blair (Chairman), John M. Roach, Seymour Morris, A. B. Jones, Charles L. Hutchinson, R. G. Chand- ler, Charles C. Adsit, Edward S. Hunter, R. W. Hosmer. Conrrou.—The trust agreement under which the participation certificates are issued provides for control by the trustees. Trusrers.—A. C. Bartlett, Charles H. Hulburd, Albert A. Sprague, Chauncey Keep, Charles G. Dawes. FINANCE CoMMITTEE.—During the life of the first mortgage bonds, a finance committee will have direct supervision of the finances, vacancies to be filled only upon the written approval of the Harris Trust & Savings Bank, Chicago, trustee. The personnel of the committee is as follows: Chauncey Keep, Henry A. Blair and B. A. Eckhart. GENERAL Orricr, 1165 North Clark St.; repair shops at Washing- ton Blvd. and goth Ave. Chicago City & Connecting Railways.—Formed in 1910 to hold securities of the Chicago City Ry. Co. and connecting railways serving outlying districts in the southern part of Chicago and extend- ing into Indiana. The following securities are owned: Stock. Bonds. Chicago ‘City RagiCoens seat wemacdiosas +5 *316,971,900 Calumet & South Chicago Ry. Co......... $10,000,000 Southern street Ryi Cows scccs vanasane eave d< {2,400,000 Hammond, Whiting & E. Chicago Ry. Co. {1,000,000 Hammond, Whiting & East Chicago first MIOTEQ ARE OS's i spain dt tecatne eed Ga 88.8 een Soene 1,000,000 Chicago & Western Ry. Co............... $72,000 Chicago & Western first mortgage 5s...... 74,000 otal par valuescscacnsiiaaeek eh tke . $30,443,900 $1,074,000 Total stocks and bonds par value, $31,517,900. *94.29 p. c. of the total outstanding issue. {Entire issue. These securities are deposited with the First Trust & Savings Bank, Chicago, Ill., trustee, as collateral security for the issue of 5 p. c. bonds described below. Control of these securities is vested in Elbert H, Gary, Albert J. Earling and Samuel M. Felton, as trustees. PARTICIPATION CERTIFICATES —Common, authorized, 150,000 shares; preferred, authorized, 250,000 shares. These certificates have no face value. Preferred certificates are entitled to 4% p. c. cumulative dividends, and, in addition, after the common has paid 4p c. dividends in one year, the remaining surplus is to be divided between the two securities in proportion to the amounts of each outstanding. In no case shall the preferred certificates be entitled to a higher dividend rate than 7 p. c. DivipENDs.—On preferred, $2.25 per share has been paid sen i- annually since July 1, 1g10, to and including Jan., 1914; on com- mon, $1 per share was paid semi-annually from July 1, 1910, to and including July 1, 1912; none since. ; : FunpEp Desr.—Collatcral trust sinking fund 5 p. c. bonds, au- thorized and outstanding, $22,000,000; dated Jan. 1, 1910, due Jan. I, 1927, int. payable \pril and Oct. tin Chicago or New York; secured by deposit of $31,517,900 par value stocks and bonds listed above; sinking fund of $105,000 per annum beginning March 1, 1915; bonds redeemable for sinking fund at 105 and int.; entire issue redeemable ILLINOIS McGRAW ELECTRIC RAILWAY MANUAL 1 on any interest date at 105 and int.; in case of purchase of the prop- erty of the Chicago City Ry. Co. by the city of Chicago for itself, or in case the trust agreement, dated Jan. 1, 1910, shall be terminated by consent of bondholders, as provided in the indenture under which the collateral securing the bonds is deposited, the bonds become redeem- able at par and interest; denom., coupon $1,000; registered $1,000 or multiple thereof; First Trust & Savings Bank, Chicago, IIL, trustee. EARNINGS.— Year ending Dec. 31, Income: IgIl. IgI2. IQI3. Dividends .icccwense 2. cate $2,537,968 $2,364,181 $2,228,049 IMtereS tile xs nc casemnneee 74,704 73,069 73,776 Gross income................ 2,612,672 2,437,250 2,301,825 Disbursements : Bond interest................ 1,100,000 1,100,000 1,099,487 General expense.............. 48,762 51,007 46,739 WANES i Sen caandiaduvd sate ae pa4 12,419 Total disbursements.......... 1,148,762 41,151,007 1,158,645 Net INCOM Es 6 ocean ss ah sce 1,463,910 1,286,243 ~=—-1,143, 180 Divs. on participation shares... 1,425,000 1,275,000 ‘1,125,000 Surplus income.............. 38,910 11,243 18,180 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES, Stocks & bonds (book Funded debt......... $22,000,000 WAlUE) y.46 osu as wes $62,000,000 Dividend declared.... 562,500 Cash in bank and other Accrued int. on bonds 275,000 current assets...... 1,401,250 Current liabilities. ... 228,599 Surplus assets (book value), available for 250,000 preferred & 150,000 common par- ticipation shares.... 40,335,151 TOtaleccincsconniveeney $63,401,250 Totaliesvcwccsnvacenan $63,401,250 OFFICERS.—Chairman, Ira M. Cobe; Sec. & Treas. W. W. Craw- ford. CoMMIrrEE.—Chairman, Ira M. Cobe; Jas. B. Forgan, Jno. J. Mitchell, Samuel Insull, Jno. A. Spoor, H. B. Riley, E. K. Boisot, B. E. Sunny-and L. A. Busby. CHICAGO CITY RAILWAY CO.—Chartered Feb. 14, 1859, for gg years. Annual meeting on first business day after Mar. 15. Operates the Calumet & South Chicago Ry. In March, 1909, the City Council passed an ordinance authorizing this company to lease the Southern Street Ry. An abstract of a franchise ordinance, passed by the City Council on Feb. 11, 1907, is published under Chicago. The ordi- nance was approved by voters of the city on Apr. 2, 1907, and was accepted by the company on Apr. 15, 1907. A supplemental ordin- ancé, involving material changes, was passed in 1913. In 1910, 94.29 p. c. of the stock was acquired by the Chicago City & Connecting Railways. Acquiredin 1912 that part of the property of the Chicago & Southern Traction Co. which was located within the city limits of Chicago. Annual meeting first week-day after Mar. 15. Since 1913, part of the Chicago Surface Lines. CAPITAL STOcK.—Total authorized $19,000,000, issued $18,000,000; par value, $100 per share. DIvIDENDs, payable quarterly, Mar. June, Sept. and Dec. In 1893, 24 p. €.; 1894-1900, 12 p. ¢.; in IgOT, 10% p.c.; in 1902-1909, 9 p. c.; in 1910, 16 p. c.; in IQII, 11% p. C.; in 1912, II p. c.; in 1913, 10% p.'c Funpvep Desr.—First mortgage 5 p. c. gold bonds, outstanding, $30,450,000; coupon and registered; dated Feb. t, 1907, due Feb. 1, 1927; int. payable Feb. 1 and Aug. 1 at the First Trust & Savings Bank, Chicago, trustee. The mortgage limits the outstanding bonds to that amount which is expended for capital account above the valuation of $21,000,000, fixed in the ordinance of 1907. Bonds callable on or before Feb. 1, 1912, but not thereafter, at r10 and interest. In case of purchase the city has the right to redeem bonds before maturity OpErATION.— Year ending Jan. 31, IgI2. 1913. IgI4. Earnings from passengers........ $10,321,770 $10,838,714 $11,289,037 " other sources.........-- 389,707 405,267 446,406 Gross inCOME.......ceecee ee eee nee 10,711,477 11,243,981 11,735,443 Oper. expns., taxes, and renewals of combined systems, int. on cap- ital investments, and net earn- ings of Southern Street Ry. Co.. 9,057,223 9,485,823 9,931,721 Net earningS......e seer eres eee eee 1,654,254 1,758,158 1,803,722 City’s proportion 55 p. c. as per édivanee alee ¥oae ta ate ities Oras an aaa go9,840 966,987 992,047 Co.'s proportion 45 p. C..---+++++- 744,414 791,171 811,675 Interest on capital.........0.---+- 2,088,089 2,217,265 2,305,150 1gI2. 1913. 1914. Income from operation,......, . . 82,832,503 $3,008,436 $3,116,825 Other income........ ... esvacncareteneaes 295,259 260,172 220,799 Net income..........0.. cece eee 3,127,762 3,268,608 3,337,624 Interest on bonds..............055 1,181,722 1,286,102 1,409,548 Dividends iiss vats osx ers eae etncd 1,800,000 1,800,000 1,800,000 SULPUSasier ise ee tea ene eae 146,040 182,506 128,076 BALANCE SHEET.—Dated Jan. 31, 1914. ASSETS, LIABILITIES. Purchase price of prop- First mortgage 5 p. c. erty in terms of ordi- bende. ccncb4 44 ace $28,950,000 NANCE icv vicnaipinensers $47,480,140 Bond interest and ac- Accounts receivable .. 93,059 counts payable..... 1,346,754 Real estate and treas- Surplus represented by ury securities....... 14,962 equity of cap. stock 18,040,335 Cash on hand........ 748,928 Potala es cased $48,337,089 Total gscucowcee ees $48,337,089 TRACK AND EquipMEn’r (Including Southern Street Ry. Co.).— Miles of track (electric), 314.30; 1,700 cars, of which 975 are double truck, 522 single truck and 203 miscellaneous cars; 850 are of the pay- as-you-enter type and 125 near side car type. Direcrors.—Chairman, Ira M. Cobe, Harrison B. Riley, F. O. Wetmore, L. A. Busby, H. B. Fleming, E. R. Bliss, B. E. Sunny. GENERAL OFFice, First National Bank Bldg., Chicago, Il.; sub- stations at 42nd St. and Wabash Ave., Plymouth Court near Harri- son St., 48th and Honore Sts., 20th and Dearborn Sts., and 6336 Wentworth Ave.; general repair shops at 78th St. and Vincennes Road. CALUMET & SOUTH CHICAGO RAILWAY.—Chartered Mar. 21, 1908, forgg years. Annual meeting first Wednesday after Mar. 15. Aconsolidation, formed May 12, 1908, of the Calumet Electric Street Ry. (chartered 1890) and South Chicago City Ry. (chartered 1883), in accordance with the terms of the ordinance passed by the Chicago City Council, Mar. 30, 1908, an abstract of which is published under Chicago. The ordinance requirements were changed materially by an ordinance passed in 1913, creating the Chicago Surface Lines. The main provisions of this ordinance are given under Chicago. Operates the Hammond, Whiting & East Chicago Electric Ry. On June 29, 1908, Chicago City Council approved agreement by which Chicago City Ry. agrees to operate the Calumet & South Chicago Ry. Co.’s lines until Feb. 1, 1927, and return to the owners of the Calumet & South Chicago 75 p. c. of the money saved by reason of joint and more economical operation. Operates from 63d St.,Chicago, to the southern part of Chicago and outlying suburban points and to neighboring communities in Indiana. Annual meeting first week- day after Mar. 15. Controlled by Chicago City & Connecting Railways. CapiraL Stock, authorized and outstanding, $10,000,000; par $100. Deposited under Chicago City & Connecting Railways col- lateral trust mortgage. FunpED Desr.—First mortgage (rehabilitation) 5 p. vc. gold bonds, outstanding, $5,175,000; coupon, but may be registered as to principal or exchanged for fully registered bonds; dated Feb. 1, 1908, due Feb. 1, 1927; denom. $1,000; int. payable Feb. 1 and Aug. 1 at First Trust & Savings Bank, Chicago, trustee. Callable, as a whole, at 105 and int. on any int. date before July 1, 1912, on 30 days’ notice. In case the property shall be purchased by the City of Chicago the bonds may be called at par and int. on any int. date before maturity. The amount is limited to cost of rehabilitation under the ordinance. OPERATION.—Year ending Jan. 31, IgI2. 1913. IgI4. Gross Carningsi:s2. sn aiid cas 282 $1,030,915 $1,138,353 $1,308,495 Operating expenses............... 721,625 750,060 878,814 Net earnings from operation...... 309,290 388,293 429.681 Int.oncap.ascert.byBd.ofSup.Engrs. 415,707 450,373 A72AGE ORE INCOME ici i ice eagieuomondoars 110,471 23,243 57,424 Potala. paecven alse s 526,178 473,616 529,919 Interest on bonds outstanding..... 167,455 204,683 232,986 NGt: TNCOMIE sas sc.c% is uiaaesg 358,723 268,933 296,933 BALANCE SHEET.—Dated Jan. 31, 1914. ASSETS. LIABILITIES, Purchase price of prop. First mtge. 5p. c. gold in terms of ordinance $9,820,365 BONS) ods 5 oe ehaneace $4,825,000 Franchises..3 siecuiss's 5,000,000 Bond int. Xaccts. p’ble 276,135 Current assets........ 456,474 Surplus assets........ 10,175,704 ‘Lotal soi aantiien $15,276,839 Totaleeyy ssiiieains acd $15,276,839 TRACK AND EQuipMENT.—Miles of track, 119.23; 56 double truck motor cars and 23 miscellaneous cars. GENERAL Orrice, First National Bank Building; sub-stations, 77th & So. Chicago Ave., 93d & So. Chicago Ave., 108th & Michigan Ave.; car house, 9314 Drexel Ave. McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS HAMMOND, WHITING & EAST CHICAGO RAILWAY.— Successor to the Hammond, Whiting & East Chicago Electric Ry. Incorporated 1892. Franchise granted in 1904, for 50 years. Connects Whiting, Hammond, and East Chicago, Ind. Operated in connection with the Calumet & South Chicago Ry. The outstanding stock and bonds are owned by the Chicago City & Connecting Rys. and are deposited as part collateral for its collateral trust 5 p. c. bonds. -\nnual meeting first week-day after Mar. 15. CAPITAL STOCK, authorized and issued, $1,000,000; par $100. Funxpep Dest.—First mortgage 5 p. c. bonds, authorized and outstanding, $1,000,000; coupon and registered; dated 1910, due Feb. I. 1930; denom. $1,000; int. Feb. and Aug. at First Trust & Savings Bank, Chicago, trustee, with E. K. Boisot. Subject to call at 105 and interest. TRACK AND EQuipMENT.—Miles of track (electric), 28.017; 19 pas- senger cars, II other cars. OrFicers.—Pres. L. A. Busby; V. Pres. J. L. Matson; Sec. & Treas. F. D. Hoffmann; Gen. Mgrs. A. L. Drum & Co., 125 Monroe St., Chicago. SOUTHERN STREET RAILWAY CO.—Incorporated asa re- organization of the Chicago General Ry. Co., which was bid in at foreclosure sale on Sept. 30, 1907, by the Southern Street Ry. Co. for $2,626,053. The outstanding stock is owned by the Chicago City & Connecting Railways and is deposited as part security for its collateral trust 5 p.c. bonds. Annual meeting first week-day after Mar. 15. In Mar., 1908, the City Council passed the ordinance authorizing the Chicago City Ry. Co. to lease the Southern Street Ry. Co. The Transportation Committee appraised the property and franchises at $775,000. The Chicago City Ry. Co. operates the road under con- ditions similar to its own, the city receiving 55 p. c. and the company 45 p.c. of earnings after operating expensesand taxes have been paid. Since 1913 part of the Chicago Surface Lines. CaPITAL Srock, authorized and outstanding $2,400,000; par $100. Chicago & West Towns Railway Co.—Name changed in 1913; formerly known as the County Traction Co., which, in Dec., rg10, took over the properties of the Chicago Consolidated Traction Co. lying outside the city of Chicago, consisting of about 53 miles of track and a power house at Cicero, The Evanston lines of the County Traction Co. were purchased by the Evanston Ry. Co. Connects Oak Park, Cicero, River Forest, Forest Park, Maywood, Melrose Park, Berwyn, Riverside, La Grange, Lyons and Hollywood, Ill. Controls the Sub- urban R. R. Co. and the Chicago, Riverside & La Grange R. R. CariraL Stock.—Common, authorized and outstanding, $1,000, - 000; preferred, 6 p. c. cumulative, authorized and outstanding, $1,000,000; par $roo. Funpep Drsr.—Five-year 6 p.c. gold bonds, authorized $750,000, outstanding $556,000; due 1918; coupon, may be registered; int. payable May and Sept. at Harris Trust & Savings Bank, Chicago, II1., trustee. Subject to call at ror and interest. Track AND EquipMENtr.—Miles of track, 70; 45 motor cars and 39 other cars. Orricers.—Pres. Willard McEwen, Tribune Bldg., Chicago, IIl.; Sec. C. F. Propst; Treas., Gen. Mgr. & Pur. Agt. Frank L. Butler; Audr. Wm. Armstrong; Supts. J. Whitsell and W. C. Bell; Claim Agt. B. Collette; Roadmaster, B. F. Nickerson; Line Supt. Wirt Johnson; Mast. Mech. P. S. Woodward. GENERAL. OFFICE, PoWER STATION AND REPAIR SHops, Lake St. and Cuyler Ave., Oak Park, Il. THE SUBURBAN RAILROAD CO.—Chartered originally in May, 1895, under the name of the Suburban Electric Ry. Co., leased in May, 1896, for 50 years,the Southwestern Division of the Chicago & Northern Pacific Ry. Operates from Riverside, La Grange, Oak Park, Berwyn, Harlem, Cicero and Brookfield to a terminus in Chi- cago. Control acquired in 1913 by the Chicago & West Towns Ry. Co. CaprraL Srock, authorized and issued, $1,250,000. FuNDED Dexpr.—First mortgage 5 p. c. gold coupon bonds, author- ized $3,000,000, issued $1,250,000; dated Mar. 2, 1896, due Mar. 2, 1916; denom. $1,000; int. payable Mar. and Sept. at Chicago Title & Trust Co., trustee, and also at its New York correspondent’s office. . Further issue of bonds may be made at the rate of $50,000 per mile double track, or $30,000 per mile single track owned. TRACK AND EquipMENT.—Miles of track owned 31.3, leased 11; 20 motor cars, 22 trail cars, 2 service cars. Orricers.—Recr. Emil G. Schmidt; Gen. Mgr. Frank L. Butler; Audr. Wm. Armstrong. GENERAL OrFice, Lake St. and Cuyler Ave., Oak Park, Ill. a Chicago & Interurban Traction Co.—Incorporated in Illinois Feb. 14, 1912, to acquire the property of the Chicago & Southern Traction Co. lying outside the city limits of Chicago. The part of the property lying within the city limits was sold to the Chicago City Railway Co., and an operating agreement was made by which the tracks of that company are used forterminal facilities by the outlying lines. These arrangements followed the sale at foreclosure, in Igit, of the Chicago & Southern Traction Co., which was organized on Nov. 17, 1904, and went into the hands of receivers on Oct. 11, Iglt. The line from Harvey to Kankakee is built on private right of way. Connects Chicago with Blue Island, Harvey, Glenwood, Holbrook, Chicago Heights, Crete, Monee, Peotone, Manteno, Bradley and Kan- kakee. Annual mecting first weekday after March 15. CapIraL SrTock authorized and outstanding $1,000,000. Divipenps.—In 1912, Oct. I, I p. ¢c.; in 1913, Mar. 1, I p.c.; Sept. 1, Ip. c.; inrgrq, Jan., 1 p. c. Funpep Desr.—First mortgage 5 p.c. gold bonds, unlimited, issued $1,489,000; in treasury $139,000; dated Jan. 1, 1g12, duc Jan. I, 1932; denom $100, $500 & $1,000; coupon, but may be registered as to principal; int. payable Jan. and July 1 at First Trust & Savings Bank, Chicago; callable for sinking fund at 102 and interest on any interest date upon 30 days’ notice; additional bonds may be issued for rehabili- tation, construction and to acquire other lines; trustees, First Trust & Savings Bank, Chicago, and Louis Boisot. OrEratrion.—Year ended Feb. 28, 1g13. IgT4. Revenue from transportation...........0s seer e ee $253,126 $290,811 OUOY POR CNUR oi ies Ke dw kd ea eR HOED ESS toe 2,200 Total operating revenue..... 6... eee ee eee eee 255,382 293,011 Operating EXpeNSeS.... 6... see reese eee eee eee ee 127,273 137,414 Net operating revenue..........- eee eee eee eee 128,109 155,597 TEX ES cco, cack Re ke Ey SR Means ea PEGA ASS 10,506 L anaes Bond: AntereSt,.4cacteie 86 Oe Ka 4 a RS Done 67,503 J v Net dinteOmGte:s itn diene eee aieeed eee We eee Ss 50,100 76,473 BaLance SuEerr—Dated Feb. 28, 1914. ASSETS. LIABILITIES. Cost of road and equip..$2,551,780 Capital stock.......... $1,000,000 Cash and other current Funded debt.......... 1,350,000 ASSEUS a 'e lane. exin’s ctaiens oes 42,375 Bills payable.......... 100,000 Current liabilities and TCSEIVES..... 0... .00. 49,611 Profit and loss (surplus) 94,544 MOtalls suey eee te te $2,594,155 Totalecss « ceie’s cons o0h2, 594,155 Track AND EQuipment.—Miles of track (electric), 46.29; 17 double truck passenger motor cars, 1 freight motor car and 2 service cars, Orricers.—Pres. John L. Matson; Sec. W. W. Crawford, First National Bank Bldg., Chicago; Treas. Edgar H. Pank; Audr. W. W. Hill. Direcrors.—Ira M. Cobe, Henry A. Blair, Samuel Insull, L. A. Busby, Frank J. Baker, John L. Matson, W. W. Crawford. GENERAL OFFICE AND REPAIR SHups at 88th St. and Vincennes Road, Chicago, Ill. Chicago & Milwaukee Electric Railroad Co.—Incorpor- ated Mar. 25, 1902, in Illinois. Incorporated under the same name on June 22, 1904, in Wisconsin. Is successor by purchase of all the property, rights and franchises of the Chicago & Milwaukee Elec- tric Ry. Co. (an [Hinois corporation). Extends from Evanston through Waukegan and Kenosha to Milwaukee, with a branch to Liberty- ville (completed in 1903); there is also a branch to Rockefeller com- pleted in Dec., 1904. The extension to Kenosha was opened in Dec., 1905, to Racine, Sept. 1, 1906, and to Milwaukee Nov., 1908. In Dec., 1907, receivers were appointed for the company. They were discharged and another receivership declared on Jan. 27, 1908. In May, 1913, the receiver purchased the Waukegan, Fox River & Western Electric R. R., consisting of 1 mile of track in Waukegan, Annual meeting first Thursday in Apr. A plan of reorganization announced early in 1912 by the protec- tive committee, of which George M. Reynolds, of Chicago, is chairman, provides for the issue of the following securities of a new company to be organized after the sale of the old property at foreclosure: First mortgage, 5 p. c. bonds, covering entire property and future acquisi- tions, authorized issue to be not over $10,000,000, of which $4,500,000 will be issued presently to provide for cash requirements of the reor- ganization at the discretion of the committee, and $5,500,000 will be reserved for future requirements under conditions to be named in the mortgage; first 4 p. c. non-cumulative income bonds, to be a second mortgage on the Illinois division and the net earnings of the new company, authorized issue to be not over $4,500,000; second 4 p. c. non-cumulative income bonds, to be secured by second mortgage on the 16 miles of track of the Wisconsin division, and a third mortgage on the Illinois division and the income of the new company, author- ized issue to be not over $6,000,000; capital stock ‘not over $6,000,000. Holders of the $4,000,000 Illinois division 5 p. c. bonds of 1902 were to receive an equal amount of first income bonds. Holders of the $10,000,000 Wisconsin division 5 p. c. bonds were to receive 50 p.c. in second income bonds and 50 p.c. in stock of the new company. The committee is empowered under the plan to use the $4,500,000 first mortgage bonds now issuable and any income bonds and stock not nveded for the exchange proposed in such manner as might be desirable in the reorganization. It is authorized to purchase the ex- isting properties and also the $100,000 stock of the Chicago & Mil- waukce Electric Railway of Wisconsin, now pledged as part security ILLINOIS McGRAW ELECTRIC ot Co RAILWAY MANUAL for the Wisconsin bonds; to take up the $1,036,000 of 6 p. c. receive ers’ certificates, and to retire or acquire the $1,080,000 underlying Chicago & Milwaukee Electric Railway first mortgage 5 p. c. bonds of 1899. The committee is also authorized to take other necessary steps to harmonize the conflicting interests, such as to increase the ‘rate of interest on either issue of the income bonds. In accordance with this plan, the Illinois and Wisconsin divisions were purchascd separately on behalf of the bondholders, on Sept. 25, 1g12. In Jan., 1913, Judge Landis, of the United States Circuit Court, Chicago, ordered the sale set aside, however, and his decision was affirmed in June, 1913, by the U. S. Court of Appeals. Another sale has been ordered. Capiral Srock, authorized and outstanding, $5,000,000; par value, $100 per share. FunpeEpD Dersr.—First mortgage 5 p. c. gold coupon bonds, authorized $5,000,000, outstanding $4,000,000, reserved to retir- underlying bonds $1,000,000; dated July 1, 1902, due July 1, 1922, without option; denom. $1,000; int. payable Jan. and July at Mer- chants’ Loan & Trust Co., Chicago, trustee, or at National Bank of Commerce, New York. Receivers’ certificates issued by Wisconsin Co., $1,036,000, in- clude $34,052 car trust certificates; Illinois Co. car trust certificates $52,933; total $1,122,985. Chicago & Milwaukee Electric Ry. Co.'s first mortgage 5 p. c. gold coupon bonds, authorized $1,500,000, outstanding $1,080,000; dated 1899, due July 1, tg19; denom. $1,000; int. Jan. and July at Standard Trust Co., New York, or Cleveland Trust Co. Subject to call on any interest day at 105 and interest. Sinking fund of $50,000 per annum began July 1, rgto. Wisconsin Div.’s first mortgage 5 p.c. guaranteed gold bonds, authorized and outstanding $10,000,000; dated Jan. 1, 1905, due Jan. 1, 1925; denom. $1,000; int. payable Jan. and July at Western Trust & Savings Bank, Chicago, trustee, or U. S. Mortgage & Trust Co., New York. Interest and principal guaranteed by the Chicago & Milwaukee Electric R. R. Co. of Illinois. OpERATION.—Year ended Dec. 31, IgII. IgI2. IQ13. Passenger revenue... eee. cece eee eee $828,607 $826,374 $820,512 Baggage revenue. .....-e eee eee eee ees 37 31 27 Parlor, chair and special car revenue.. 31,896 30,705 10,883 Express revenue... ......- eee ere eerie 40,213 44,258 44,045 Freight revenue. .......-.e sere eee eee 12,017 20,635 24 768 Station and car privileges............. 5,823 6,224 5,644 SOTA GE es cssg Gv Sane eerie tigate Synass' 4 Q 6 Rent of equipment............eee ee eee 6,387 6,410 6,013 Rent of buildings and other property... 795 1,883 1,974 | ee ee a ee ee ee 26,407 23,580 24,109 Total operating revenue........... 952,190 960,109 937,981 Way and structures......---e-. eee eee 76,895 68,887 80,679 Equipment... .. 2... sees eee e eee eens 54,273 52,942 54,054 "Prafhie-.cuistiete alscdss cand a arenes sa 3,038 1,687 2,773 Conducting transportation ...........-. 351,755 344,765 332,834 General and miscellaneous............ 135.329 132,559 132,088 Total operating expenses ......... 621,292 600,840 602,428 Net revenue from operation..........- 330,898 359,269 335,553 Interest on deposits..........-.--- 4,157 5,306 7,248 Interest on investments .......+-. 11,880 11,880 11,880 Mot alll sic saicuaicaciie ob ag ane wadebeteeaeecenonst 16,037 17,186 19,128 Gross inCOME ...-. eee ee eet terete 340,935 376,455 354,681 SAK CSintolsccraveeave gees auneaie aacnapeeeerel es 51,000 51,000 53,000 Interest on receivers obligations... 68,217 65,452 62,380 TOtal cies sa Bik wie tie Aas Wate sweden w. rei8 119,217 116,452 115,380 Net inCOMe...... cece cece eee ener eens 227,717 260,003 239,301 Track AND EquipMENtT.—Miles of road (electric), 160; 50 motor and 25 trail cars, 2 elec. locos., 10 steam locos., 167 miscl. and const. cars; rotary snow plow, sweeper and full equipment of work cars. Orvicers.—Receiver, W. O. Johnson, 1103 Rookery, Chicago; Counsel, Bull & Johnson, 1103 Rookery, Chicago; Audr. C. E. Thompson, 205 La Salle St., Chicago; Gen. Supt. E. J. Bock; Claim Agt. G. T. Helmuth; Supt. Transpt. G. S. Henrv; Engr. Maint. of Way, J. S. Hyatt; Engr. Pwr. Sta. E. Brown, all of Highwood, Il. “Direcrors.—A. C. Frost, Pierre G. Beach, G. A. Ramsey, G. L. Francis, F. S. Munro, F. J. Geraghty, W. O. Kilman, Chicago, II1.; H. C. Osborne, Toronto, Can. RECEIVERS’ OFFICE, 209 South La Salle St., Chicago, Ill.; mgr.’s office, power station and repair shop, Highwood, II. : ee Chicago-New York Electric Air Line Railroad Co.—In- corporated Nov., 1905, and announced a project to build an electric railway between Chicago and New York. Now operating about 85 miles of track under the name of the Gary & Interurban R. R. Co., which is controlled through ownership of stock. Annual meeting in Sept. CapITaL Sock, avthorized par $25. $12,000,000, issued about $2,220,000; Orricers.—Pres. & Gen. Mgr. A.C. Miller, Chicago; V. Pres. Ira C. Wood, Chicago; Sec., Treas. & Pur. Agt. L. E. Woodward, Chicago; Supt. W. C. Phillips, La Porte; Contractors, Co-Operative Construction Co. Direcrors.—A. C. Miller, Ira C. Wood, L. E. Woodward, Chi- cago, Ill.; C. T. Cherry, Oswego, Ill.; C. P. Burton, Aurora, Il; Ww. J. Hennessey, Boston, Mass.; F. Erxmeyer, Hoboken, N. J.; G. Cc. Goodrum, Fall River, Mass., and Jos. T. Kinsley, Philadelphia, Pa. GENERAL OrFice, Majestic Bldg., 22 W. Monroe St., Chicago, Il.; power station, Main Station, east of La Porte, Ind. Elgin & Belvidere Electric Co.—Incorporated Mar. 11, 1905, and began operation Feb. 1, 1907, between Elgin and Belvidere, including the Belvidere City Ry. CaprraL Srock.—Common, outstanding, $800,000; preferred, out- standing, $400,000. Funprep Desr.—First mortgage 5 p.c. gold bonds, authorized $1,000,000, issued $800,000, and deposited as collateral for loans; dated Jan. 1, 1905, due Jan. 1, 1925; int. payable Jan. and July at Continental & Commercial Trust & Savings Bank, Chicago, trustce. OpERATION.— Year ending June 30, 19g]}. Igi2. 1913. Earnings from passengers........----6+ $117,414 $115,590 $124,764 =e ‘« freight and express,.... 17,572 16,952 18,297 * ‘« other sources. .........- 3,598 1,018 995 GLOSS INCOME a aseieneravins quecssiveusca bine ee use 138,584 133,560 144,056 Operating expenses.......-.....00e eee 95,902 103,478 103,866 Gross income less operating expenses... 42,682 30,082 40,190 TAteres traranraninas peaanemadt doves a). 9S, O87 33,399 29,541 PARES sirciencaaa useiedey snes w Sarr wine 3,345 3,615 4,122 Nt INCOME ania decrees vem momsice 6,250 *6,932 6,528 Operating expenses p. c. of earnings. vee 69.20 FAT 72.16 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IQII. Igi2. 1913. Fare passengers carried............ .+-++- 525,793 517,528 501,070 Passenger car miles run..........+....++++438,434 470,235 452,080 Freight and express car miles............. 52,517 49,844 51,866 Passenger car hourS.....-..ee. seen eee eee 25,027 22,739 19,922 Freight, etc; "aya Gususucene sae mreer 5,486 6,091 5,582 Average revenue per car mile............. $.2822 $.2568 $.2857 Operating expenses per car mile........... +1953 - 1989 .2061 TRACK AND EquipMENt.—Miles of track (electric), 36.4; 9 double truck passenger motor and 2 single truck passenger motor cars, of which 2 are of the pay-as-you-enter type; 2 freight motor cars and 1 service Car. OrrFicers.—Pres. Hamilton Browne; Sec. & Treas. R. G. Arnold; Audr. & Pur. Agt. W. G. Farnsworth, 105 So. La Salle St., Chicago, TIl.; Supt. in Charge of Operation, W. P. Hendricks, Marengo, Ill. Drrecrors.—B. J. Arnold, W. L. Arnold, Hamilton Browne, all of Chicago, Ill. GENERAL OFFIcE, 105 S, La Salle St., Chicago, Ill.; repair shops at Marengo, Ill. Chicago Utilities Co.—Incorporated in Maine, April 9, 1912, to succeed the Chicago Subway Co., sold at foreclosure. Owns all the capital stock and bonds of the Chicago Tunnel Co. (successor to the Illinois Tunnel Co.), Chicago Warehouse & Terminal Co. and IMinois Telephone & Telegraph Co. Underlying companies operate 60 miles of narrow gauge subway track transferring freight between railroad terminals and business houses in the city of Chicago, and have also terminal and warehouse facilities; own 3,000 cars and 117 motors of mine type. In Oct., 1910, began operation of independent automatic telephone system. CapiraL Srockx.—Preferred 5 p. c. non-cumulative, outstanding $30,500,000; common, $22,500,000. Funpep Dersnr.—First mortgage 5 p.c. 30-year gold bonds, author- ized $24,000,000, of which $20,000,000, denominated series ‘‘A” bonds, are superior in lien to $4,000,000 series ‘‘B" bonds; of the series ‘‘A” bonds, $6,000,000 were issuable to cover assessments providing for receivers’ certificates, receivership expenses, working fund, etc., and $14,000,000 were issuable for other cash requirements of reorganization, future betterments, extensions, etc.; the $4,000,000 series ‘‘B”’ bonds were issuable in part exchange for loan agreement obligations. Orricers.—Pres. C. W. Hotchkiss: Sec. H. S. Wilson; Treas. S. W. Tracy; Gen. Mgr. J. W. Callahan, Chicago, Ill. Drirecrors.—Samuel McRoberts and Irving T. Bush, New York; R. J. Dunham, C. W. Hotchkiss, Spencer Otis and F. S. Peabody, Chicago, Ill. GENERAL OrFFIceE, 754 W. Jackson Blvd., Chicago, Ill. CHICAGO TUNNEL CO.—Chartered in Illinois on Mar. 3, 1912, for g9 years. Franchise granted in 1899 for 30 years. Annual meet- ing third Monday in Jan. Controlled by Chicago Utilities Co. TRACK AND EQurepMENT.—Miles of track, 60; 134 electric locomo- tives and 3,000 freight trail cars, + jd McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS Orricers.—Pres. C, W. Hotchkiss: V. Pres. & Treas. S. W. Tracy; Sec. H. S. Wilson; Audr. J. C. Payton; Supt. W. E, Worth; Claim Agt. H. N. Thompson; Pur. Agt. D. Bonner; Fegt. Agt. W. J. Gavin; Ch. Ener. Alfred Slade; Elec. Engr. S. S. Stolp. Dixecrors —C. W. Hotchkiss, $. W. Tracy, RJ. Dunham, A. Slade, W. E. Worth. GENERAL OFFICE, 754 W. Jackson Blvd., Chicago, Il. Chicago Elevated Railways.—A voluntary association formed in I9tL to acquire control of the South Side Elevated Railroad, Metro- politan West Side Elevated Railway, Northwestern Elevated Railroad, and Chicago & Oak Park Elevated Railroad Co. An ordinance passed by the City Council of Chicago on July 28, 1913, authorized the various elevated railway companies to construct and maintain enlargements of platforms at various stations on the Union loop in the central business district, together with other physi- cal changes that would permit the operation of seven-car trains, Authority was also given for alterations necessary to permit trains of the Northwestern Elevated R. R. Co. and the South Side Elevated R_R. Co. to pass from the tracks of one company to the other. The Chicago & Oak Park Elevated R. R. Co. and the Metropolitan West Side Elevated Ry, Co. were also authorized to make connections be- tween their tracks in West Lake St. The Chicago & Oak Park Ele- vated R. R. Co. was authorized to construct third track on its structure. The ordinance provided for through rides for one fare from any elevated line to points on any other Jine through transfer at stations on the Union loop or any other joint station; and that as many of the trains of the Northwestern and the South Side companies should be through-routed from one system to the other ‘‘as shall be reasonably necessary to give adequate transportation service, subject to the supervision of the City Council.” CapiraL Srock.—Common participation, authorized and outstand- ing 250,000 shares; par expressed 100; preferred participation 6 p. c. cumulative, authorized and issued, 160,000 shares: par expressed, roo, Divipenps.—In 1gt1, Dec. 1, first quarterly dividend on pre- ferred, 1% p.c.; in 1912, 6 p.c.; in 1913, 6p. c. Funpep Desr.—Three year 5 p. c. collateral notes, authorized and outstanding $30,000,000; dated July 1, tort, due July 1, ror4; denom. $1,000; int. payable Jan. and July 1. at Illinois Trust and Savings Bank, Chicago, IIL, trustee, and at National City Bank, New York City; redeemable as a whole at roo and accrued interest on any interest date on 30 days’ notice; secured by deposit of $25,000,000 Northwestern Elevated Railroad Co.’s first mortgage 5 p. c. bonds (due in r94r), and 99% p.c. of the common and preferred stocks of the Metropolitan West Side Elevated Railway, Northwestern Elevated Railroad, South Side Elevated Railroad and other indebtedness and securities. CoMmBINED INCoME Account of Metropolitan West Side Elevated Railway, Northwestern Elevated Railroad and South Side Elevated Railroad Cos.—Year ended June 30, rgtt. 1912. 1913. Gross revenue from passengers....$7,244,233 $7,629,672 $7,660,892 os i other sources. 217,981 330,620 344,558 Total gross revenue.............. 7,462,214 7,960,292 8,005,450 ““ operating expenses......... 4,103,938 3,816,944 3,893,698 NGERCVENINE: S255 ce cueiete tated 3,358,276 4 143,348 4,111,752 All other income ...............64 787,793 672,124 631,577 VLotal NG COmMeic.s2 ceased tea 4,146,069 4,815,472 4,743,329 Interest on funded debt....... 1,894,071 2,357,743 2,456,226 “ ““ floating debt...... 41,405 30,423 21,557 DANE Ses ean ae cote nc BS Onin e 601,174 629,728 659,509 Rentalss.22cicicwaeaeuhenemie ts 410,793 638 343 680,665 Other deductions». is. 6 ccsias. 100,000 34,993 4,352 Net divisible income .............. 1,098,626 1,124,242 921,020 Dividend Sia ws wie ak salen eek “. 691,440 890,992 ~—-1,098,575 Surplus for seats ey score ‘ 407,186 233,250 *177,555 - from previous year...... 6,054,296 6,461,482 4,302,256 Profit and loss adjustment........ 2,392,475 676,273 Total surplus account............. 6,461,432 4,302,257 3,448,428 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IgII. Igt2. 1913. Fare passengers.-carried....... 147,347,069 146,965,163 148,603,851 Car miles run (passenger) .... 43,090,923 42,525,997 43.431.912 CoMBINED BALANCE SHEET.—Dated June 30, 1913. ASSETS, LIABILITIES, Cost of road & equip.338,218,395 Capital stock......... $36,731,400 Other perm. invsts. 1,010,185 Funded debt......... 53,594,000° Cash & current assets. 1,399,444 Accrued liabilities.... 537,766 “ Discount on bonds.... 5,000,000 Current 1,316,430 Profit and loss (surp.). 3,448,428 TOtuletAc Sees aca $95,628,024 MGtall, Ss aia aiwea $95,628,024 TRACK AND Equipment.——Miles of track (electric), 160.57 single main track, 26.94 single side track; total miles single track, 187.51; 807 passenger motor and 615 passenger trail cars, 39 service cars. Orricers.—Pres. of Constituent Companies, Britton I. Budd, Chicago; Sec. Thos. A. Reynolds, New York City; Asst. Sec. W. V. Griffin; Compt. Edw. A. Brion, of Chicago. Trustees.—Frank A. Vanderlip, Samuel McRoberts, New York City; Henry A. Blair, Chicago, Ill. GOVERNING CoMMITrer.—Samuel Insul!, Henry A. Blair, Ira M. Cobe, Frederic A. Delano, of Chicago, Ill.; Edw. W. Harden, Samuel McRoberts, Frank A. Vanderlip, of New York City. Execurive Covuwirter.—Chairman, Samuel Insull; Ira M. Cobe and Henry A. Blair. GENERAL OFFICE, 1001 Royal Insurance Bldg.; and power station and repair shops, Chicago, III. METROPOLITAN WEST SIDE ELEVATED RAILWAY Co. —A reorganization on Feb. 3, 1899, of the Metropolitan West Side Elevated Railroad Co., whose property was sold under foreclosure. Franchise expires Apr. 7, 1942. Annual meeting last Tuesday in Feb. Controlled by Chicago Elevated Railways. Provisions of an ordinance passed in 1913 affecting all the elevated companies are mentioned under Chicago Elevated Railways. CapiraL Srock.—Common stock, authorized $7,500,000, out- standing $7,464,100, in treasury $35,900; par $100; § p. c. non- cumulative preferred stock, authorized and issued $9,000,000, out- standing $8,707,900. Divipenpvs —First dividend on preferred stock, 2% p.c., Feb. 28, Igoo; then 2 p.c. Aug. 31, 1900; in 1901, 34% p.c; 1902,2% p.c;: 1903, 1% p. C.; 1997, 24 p. c.; IQl0, 3 p.c.; IQII, 2% p.c.; 1912, 63% p- ¢.; 1913, 5 p.c. On common, initial dividend of ;y of 1 p. c., paid Dec. 31, 1912; on Dec. 31, 1913, If p. vc. Funpep Depr.—First mortgage 4 p. c. gold bonds, authorized and outstanding, $10,000,000; coupon, but may be registered; denom. $1,000; dated Feb. 1, 1899, due Aug. 1, 1938; int. payable Feb. and Aug. at New York, and Chicago; trustees of mortgage, Central Trust Co., of New York and George Sherman. Extension gold bonds, q p. c., authorized and outstanding, $5,- 000,000; coupon, but may be registered; dated 1901, due July 1, 1938; denom. $1,000; int. payable Jan. and July at New York and in Chi- cago; trustee of mortgage, Northern Trust Co., Chicago. This company has assumed $453,000 first mortgage bonds of the Union Consolidated Elevated R. R. Co. Overation.—Year ending June 30, 1911. IgI2. 1913. Earnings from passengers.......... $2,882,717 $2,812,447 $2,814,132 we other sources............. 135,610 134,551 140,320 Gross income..... Pane Asst odaaee date 3,018,327 2,976,998 2,954,452 General and miscl. expenses.... 237,692 *154,492 145,641 TAM C202: scorctaua: Saker oboe owe Pats 1,703 2,012 1,835 Transportation expenses....... 967,017 1,060,359 I,090,126 Maint. of way and buildings.... 140,896 74,234 72,433 “8 @qutpMeEntbece.e: os eciss 196,817 105,884 ¥I6,977 Total operating expenses........., 1,544,125 1,396,981 1,426,812 Gross income less oper. expenses... 1,474,202 1,580,017 1,527,640 Income from balances, rentals, etc. . 8,537 14,182 14,279 Total gross income................ 1,482,739 1,594,199 1,541,919 Interests. yetssacwescaes es exe ad oe 578,351 603,115 616,265 EARS) gadis wales ese 4 fies Rech eeerataes 180,312 Ig1,129 196,924 Rentalsis 1-02 es tat-2-5086 cine ea sen 317,713 311,579 309,968 Net income available for dividends. . 406, 363 488,376 418,762 Dividendss. ws otewressitcns anscivauses lanai 261,237 370,084 523,093 SurpluSsccser.e < SP Reh ea ay asa 145,026 118,292 = $104,331 Surplus from previous year ........ 1,676,581 1,771,707 1,800,637 Charged off for depreciation & losses 50,000 89,362 244,333 Total surplus sUshiusipooia ne dtevoas: Wendie een mate 4,771.707 1,800,637 1,451,973 Pits operating expenses to gross POCO UES a eciauai cis arevweceianinte ae arate trees 51.16 46.93 51 *General expenses. + Deficit. STATISTICS OF ‘TRAFFIC, Year ending June 30, TOIT. IgI2. 1913. Passengers carried adelante tas ecaueea eons 56,125,087 55,291,839 56,282,649 Passenger car miles run.......... 14,939,913 14,703,384 14,597,504 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road, equip. & Capital stock........ . $16,500,000 property.........., $33,395,111 Funded debt......... 15,498,000 Other perm. invests... 373,000 Accounts payable..... 375,565 Cash.. ashes Bila aistet sees 134,111 Bills payable.......... 38,250 Material and supplies. 124,886 Int. accrued, not due.. 170,792 Accounts receivable... 78,770 Taxes age oe 74,082 Prepaid accounts..... 9,248 Other accrued accts... 5,358 Other assets........., 216 Other liabilities... .:,, 1,322 Balance (surplus)..... 1,451,973 TVotallise caoteeeed $34,115,342 Total cyaicent diane $34,115,342 ; TRACK AND EQuipMENT.—Miles of track (elevated electric), 50.32 single main track, 7.19 Single side track; total miles single track, 57.51; 225 motor passenger cars, 262 coaches and 18 miscellaneous cars. ILLINOIS McGRAW ELECTRIC RAILWAY MANUAL 59 Orricers.—Pres. Britton I. Budd; Sec. & Treas. Audr. T. B. MacRae: Gen. Mgr. E, C. Noe; Gen. Supt. M. J. Feron; Pur. Agt. E. E. Kretschmer; Ch. Engr. C. M. Mock. GENERAL OFrFIcE, 1001 Royal Insurance Bldg., Chicago, Ill. W. V. Griffin; UNION CONSOLIDATED ELEVATED RAILWAY CO.— Chartered in 1896 to build an elevated road connecting the Met- ropolitan West Side Elevated Road with the Union Elevated Road. CarivaL Srock, authorized and issued, $1,000,000. Funpep Desr.—First mortgage 5 p. c. gold bonds, authorized $1,000,000, in two series, ‘‘A” and ‘'B,” of $500,000 each; issued $453,000 series ‘‘A”; dated Nov. 1, 1896, due Nov. 1, 1936; trustee, Central Trust Co., of New York. Assumed by the Metropolitan West Side Elevated Ry. Co. SOUTH SIDE ELEVATED RAILROAD CO.—Chartered Jan., 1897, as a reorganization of the Chicago & South Side Rapid Transit R.“R. Co., which was sold under foreclosure on Sept. 16, 1896, for $4,100,100. The Chicago Junction R. R., organized to build a con- nection with the stock yards, has been leased for 50 years. Annual meeting in Feb. Controlled by Chicago Elevated Railways. Pro- visions of an ordinance passed in 1913, affecting all the elevated com- panies, are mentioned under Chicago Elevated Railways. Capiral Srock, authorized and outstanding, $10,231,400; par $100. DiviDENDs.—In 1899, 3 p. c.; 1900, 3 p c.; 1901, 3% p. c.; 1902 to 1907, inclusive, 4 p.c.; 1908, 34 p.c.; 1910, 1% p.c.; Igtl, 7.15 P. C.; Igf2, 634 p.c.; 1913, 64f p.c. FunpeD Desr.—First mortgage 4% p.c. gold bonds, authorized $8,000,000, outstanding $8,000 000; coupon, but may be registered; dated July 1, rg04,due July 1, 1924; denom. $1,000; int. payable Jan. 1and July rat Illinois Trust & Savings Bank, Chicago, III., trustee. Subject to call onorafter Jan. 1, rgto, at 105 and interest. OPERATION.—Year ending June 30, IQII. IgI2. 1913. Earnings from passengers......... $2,337,551 $2,355,266 $2,381,781 ie “other sources...... 108,684 88,323 88,883 Gross INCOME ws caigiinde Samiieuee’ 2,446,235 2,443,589 2,470,064 Maintenance of way & structs. 96,016 57,783 53,231 oF ‘* equipment.... 176,874 I12,731 124,175 Transportation expenses...... 794.685 803,603 826,138 Traffic expenses ............. 2,290 2,072 General expenses............. 422,760 129,162 116,552 Operating expenses..........-.... 1,490,335 1,105,569 1,122,168 Gross income less oper. expenses. 955,900 1,338,020 1,348,496 OTREP TA COMES 6 seco cesin wivestionre 20,431 11,049 Total incOMes.<.<.cecwcsicieiid wey 1,358,45I 1,359,545 Interest: on bonds... 35,000 15,600 Average revenue per car mile..........+-. $.378 $.345 Operating expenses per car mile........... $.152 .162 .I7I Track AND EQUuIPMENT.—Miles of track (electric and steam), 18; 4 motor and 2 other cars, I snow plow, « steam locomotive; 7 freight cars. Orricers.—Pres. M. A. Walsh, Clinton. Ja.; V. Pres. E. C.Walsh; Sec. & Treas. J. W. Walsh; Gen. Mgr. & Pur. Agt. W. W. McCul- lough, Monmouth, IIL; Ch. Engr. Power Station, A. E. Powell, Cameron, IIl.; Gen. Fgt. & Pass. Agt. H. W. Stewart. Direcrors.—M. A.Walsh, Clinton, Ia.; Alfred E. Walsh, Norris, Ill.; Jas. W. Walsh, Davenport, Ia.; W. W. McCullough, Monmouth, lll; G. W. Gale, Galesburg, Ill. GENERAL OFFICE, Monmouth, IIl.; power station and repair shops at Cameron, lll. HILLSBORO. Population in IgI0, 3,424. Southern Illinois Light & Power Co.—Absorbed the Hills- boro Ry. Co. and the Sangamon Ry. Co. Connects Hillsboro and Taylor Springs, and Hillsboro and Schram City. CaprraL Stock, common, authorized and issued $700,000; pre- ferred, authorized and issued $300,000. FunpEp Desr.—First mortgage 6 p. c. bonds, issued $550,000; int. payable without deduction for the normal income tax. OpERATION.—Year ended Dec. 31, 1913 (combined companies).— Total operating revenue, $221,346; operating income, $80,490; inter- est, $30,000; surplus for year, $50,490. Track AND Eguripmenr.—Hillsboro Ry., 2.5 miles; Sangamon Ry., 1.5 miles; 5 motor and 2 other cars. Orricers.—Pres. & Gen. Mgr. J. J. Frey; V. Pres. W. A. White; Sec. & Pur. Agt. B. H. Welcher; Audr. A. G. Miller; Treas. C. A. Ramsey. GENERAL Ofrice, Hillsboro, Il. JACKSONVILLE. Population in 1900, 15,078; in Ig10, 15,326. JACKSONVILLE RAILWAY & LIGHT CO.—Incorporated in Dec., 1905, and is a consolidation of the Jacksonville Ry. Co. and Jacksonville Gas Light & Coke Co, Controlled by Illinois Traction Co. CAPITAL Srock, authorized and outstanding, $100,000. Funpep Desr.—First consolidated mortgage 5 p. c. coupon bonds, authorized $1,000,000, outstanding $573,000; dated Jan. 1, rgo6, due Jan. 1, 1931; denom. $1,000; int. payable Jan. and July at the Central Trust Co., Chicago, trustee. Sinking fund for retirement of bonds, beginning Dec. 15, 1910, as follows: $5,000 each year, IgI0-1914; $8,000 each year, 1915-1919; $10,000 each year, 1920-1924; $12,000 annually, 1925-1929; balance 1930. Jacksonville Gas Light & Coke Co.’s first mortgage 5 p. v. bonds, outstanding, $155,000; dated Jan. 1, 1901; due Jan. 1, 1931; denom. $1,000; int. payable Jan. and July at Merchants’ Loan & Trust Co., Chicago. TRACK AND EQuIPMENT.—Miles of track (electric), 7; 20 cars, of which g are motor cars and ITI trail cars. OrFicers.—Pres. W. B. McKinley; Sec. E. A. MacNutt; Treas. G. M. Mattis; Audr. B. E. Bramble, Champaign, Ill.; Gen. Mgr. H. E. Chubbuck, Peoria, Ill.; Gen. Supt. W. B. Miser, Jacksonville, Ill. GENERAL OFFICE, POWER SATION AND REPAIR SHOPS, 224 S. Main St., Jacksonville, Ill. JOLIET. Population in 1900, 29,353; in Ig10, 34,670. CHICAGO & JOLIET ELECTRIC RAILWAY CO.—Organ- ized as a consolidation of the Joliet R. R. Co. and Chicago & Joliet Rapid Transit Co. Operates in Joliet and suburbs and to the Cook County line, where it connects with the Chicago & Desplaines Valley Electric Ry. (which it controls and operates) for Chicago. Controlled by the American Railways Co., of Philadelphia, Pa. CaPITAL STock, authorized and issued, $2,300,000; par $100. FunpDED Desr.—First mortgage 5 p. c. bonds, authorized $2,000,- 000, issued $1,600,000; coupon, but may be registered; dated May I, Igor, due May 1, 1931; denom. $1,000; int. payable May and Nov. at Illinois Trust & Savings Bank, Chicago, trustee. $400,000 are re- served to retire underlying liens. Subject to call at 105 and interest. $2,200,000 of the capital stock of this company, $1,000,c00 capital stock and the entire ($1,000,000) issue of the bonds of the Chicago & Desplaines Valley Electric Ry.Co., are deposited as collateral security. Joliet R. R. Co.'s first consolidated mortgage 5 p. c. bonds, au- thorized and issued, $400,000; dated May 1, 1898, due Apr, 30, 1918; denom. $1,000; int. payable May and Nov.; trustee of mortgage, Fidelity Trust Co., of Portland, Me. OPERATION.—Year ending June 30, —_IgIo. IgI2. 1913. Earnings from passengers............ $466.359 $477,783 # “freight and express... 5,520 3,546 cc “light and power....... 6,005 9,137 # “ether SOUPS, . coakas x 7,887 10,066 Gross MCOMeE ccc. 4 65g o enes mccleeens ene 485.771 500,532 $538,010 General expenses................ 52,178 62,279 Transportation expenses......... 192,383 210,700 Trathe ex penseswcs wesgise esc v ens 23,202 26,507 Maint. of way and structures...... 45,085 51,670 8 CQUIPMeNts 2 ciuscaeeaus 43,935 60,337 Operating expenses. .......... 5 eee 356,803 411,493 +434,724 Gross income less operating expenses. 128,968 89,039 103,286 Interest on funded debt.......... 100,000 “floating “oc... 29,676 t 150,000 236,127 Rental) isigid secs bes are rt use ays 31,984 69,430 TAR ES iis :csacaie-yereserasbied ateielicninconspttraauens 20,617 24,102 Other deductions................ ‘ 52 De NCit shoes caine saute adie eens 53,309 154.493 132,893 ‘Total Gencit)..cce58 teen ead caw 142,502 710,957 843,850 { Includes taxes. RAILWAY MANUAL ILLINOIS 62 McGRAW ELECTRIC STATISTICS OF TRAFFIC. Year ending June 30, IgIo. 1912. 1913. Revenue passengers carried.......... 7,422,671 7,624,982 7,813,608 "PeaTer Sok eae eo 3 lng hg ace Ne oes 1,256,080 1,475,216 1,129,718 Passenger car miles run............-- 2,039,122 2,002,684 2,152,992 Passenger Car NOUTS): 2260s caseees 205,675 207,705 218,386 Average revenue per car mile....... $.2324 $.24098 $.2413 Oper. expns. per car mile.........-.. «1750 +2054 .1g12 TRACK AND EQulipMEN'’.—Miles of track (electric), owned 43.56 (single), controlled 41.63, total 85.23; 100 cars. Orricers.—Pres. J. J. Sullivan, Philadelphia, Pa.; V. Prests. H. J. Crowley and C. L. S. Tingley, Philadelphia, Pa.; Sec. & Treas. Walter W. Perkins, Philadelphia, Pa.; Compt., Asst. Sec. & Asst. Treas. F. J. Pryor, Jr.; Gen. Mgr. J. R. Blackhall, Joliet, Il; Pur. Agt. Wm. J. Mulholland, Philadelphia, Pa.; Supt. Transpt. & Claim Agt. W. H. Heun; Supt. Elec. Line, C. W. Deiterick; Supt. W. & S., J. B. Tinnon; Elec. Engr. & Engr. Power Sta. G. S. Patterson; Gen. Pass. Agt. & Park Mgr. A. W. Jordan. Direcrors.—J. J. Sullivan, H. J. Crowley, C. L. S. Tingley, W. H. Shelmerdine, Philadelphia, Pa.; Geo. Woodruff, Robt. Kelly and J. R. Blackhall, Joliet, Ill. GENERAL OFFICES, 301 N. Ottawa St., Joliet, Ill., and go4- 917 Witherspoon Bldg., Philadelphia, Pa.; repair shops at Joliet, Ill. For map of road see American Railways Co., Philadelphia. Pa. CHICAGO & DESPLAINES VALLEY ELECTRIC RAILWAY CO.—Consolidation in 1g0r of the Chicago & Desplaines Valley Electric Ry. and the Desplaines Valley Electric Ry. Operates from Will County line, where it connects with the Chicago & Joliet Flec- tric Ry., making a through line to Chicago, with a branch line from Summit to Lyons, where connection is made with the Chicago Railways Co.,of Chicago. Controlled by the Chicago & Joliet Electric Ry. Co. CAPITAL STOCK, authorized and issued, $1,100,000. Funpep Desr.—First mortgage 5 p. ec. gold bonds, authorized and issued, $1,000,000; coupon, but may be registered; dated May 1, 1901, due May 1, 1931; denom. $1,000; int. payable May and Nov. at Illinois Tiust & Savings Bank, Chicago, trustee. These bonds are deposited as collateral security for the first mortgage bonds of the Chicago & Joliet Electric Ry. Co. Joliet & Southern Traction Co.—Incorporated Nov. 17, 1905, and in Jan., 1907, purchased the Joliet, Plainfield & Aurora R. R. Co., chartered May 17, 1903, for 50 years. Connects Joliet and Aurora. Regular service was commenced Oct. 22, 1904. In Ig09 extended to New Lenox, Frankfort, Matteson and Chicago Heights. It is proposed to build from Chicago Heights to Hammond, 14 miles. Annual meeting second Tuesday in Jan. On Feb. 4, 1g1I, receivers were appointed. A bondholders’ committee has been formed, consist- ing of Joy Morton, J.R. Chapman and E. L. Stuart, of Chicago; Robert Kelly and C, E. Wilson, Joliet; T. B. Stewart, Aurora, and F. Kohl- hagen, of Frankfort. Foreclosure proceedings have been begun. CaAPpIraL STOCK, authorized and issued $1,500,000; par $100. FuNDED Derst.—First mortgage 5 p. c. gold coupon bonds, auth- orized $1,500,000, outstanding $1,211,400; dated Jan. 2, 1907, due, serially, to Feb. 1, 1942; denom. $1,000and $500; int. payable Feb. and Aug. at the Continental & Commercial Trust and Savings Bank, Chicago, trustee. Sinking fund of 2 p. c. of gross earnings begins Aug. I, 1909, of at least $3,000 per annum 1909 to 1929, and $4,000 per annum thereafter. Debenture 6 p. c. bonds, outstanding $100,000; dated Apr., 1908, due 1913; int. payable semi-annually. Joliet, Plainfield & Aurora R. R. Co.'s first mortgage 5 p. c. gold bonds, authorized and issued $400,000, outstanding $397,000; coupon, but may be registered; dated Aug. 1, 1903, due Aug. 1, 1938; denom. $1,000; int. payable Feb. and Aug. at American Trust & Savings Bank, Chicago, IIl., trustee. Subject to call on any interest date after ten years at 105 and interest. : Overation.—For year ending June 30, 1909. trgro. IQi2. Earnings from passengers............... $68,592 $51,167 127,253 te “light and power.......... 10,196 oy ‘© other sources.............. 15,621 5,824 22,790 GiOSS. HME OM Cisdaecte ritersiitena cer acscanin si ecMiunceleverniis 84,213 67,187 150,043 General expenseS w.ciiien coe cede nes 23,256 10,854 *22,736 Traffic ex penses..< cies ciavcnsaies seats g16 Operation of power plant............ I2,IgQI | ae * be HeeGupmalsee toe eat ieaee k 36,902 39,051 Maintenance of way & structures..... 2,499 87 16,745 os * €quipments esc. cocs2 2,675 1,945 14,857 Operating expenses... 0... 0 cere eee eee 59,077 46,788 114,885 Gross revenue less operating expenses.... 25,136 20,399 = 35,158 Miscellaneous income............-0000- go Ota TMEONUC G4 dates dren ds Sdtteicarauorvvesnleacd todas 35,248 Interest on funded debt.............. 20,000 6,720 MARES!) «ors ana loys a auagtheny heed aren ah 2,270 581 6,239 Net INCOME: icornenas tame oe san aesaer wis 2,866 13,098 29,009 Tétal SuUpplus ss2s2ce cu sascu Sucka ee 16,521 *Includes miscellaneous expenses. STATISTICS OF TRAFFIC. Year ending June 30, 1908. figio. = I9T2. Revenue passengers carried............... 387,161 354,512 767 022 Passenger car milesrun,.............. + -334,962 179,430 559,247 Freight, €te., ¢at MiUleSi.. 0 vcnnaus dresesaneais s 12,097 28,382 Passenger Car hours.......... cee eeeeteeee 22,047 42,893 Fireicht,-et@sy: 8" Ganga garam we 2,088 3,716 Average revenue per car mile............- $.350 Operating expenses per car mile........... $.244 ¢ For Illinois portion of the road only. Track AND EquipmMen’.—Miles of road (electric), 45; total miles of track, 47, of which 12 are on private right of way; 13 motor passenger cars, 2 express cars, 5 single truck cars, I snow plow. OrFicers.—Receiver, Pres. H. A. Fisher; V. Pres. John M. Ray- mond; Sec. J. K, Newhall; Treas. & Ch. Engr. L. D. Fisher; Supt. F. C. Eckman, Joliet, Ill.; Mast. Mech. A. S, MacAndrew, Plainfield, Ill. Direcrors.—H. A. Fisher, L, D. Fisher, Joliet, Ill.; J. M. Ray- mond, J. K. Newhall, Aurora. GENERAL OFFICE, 125 N. Ottawa St., Joliet, Ill.; power station and sub-station, Joliet; repair shops and car house, Plainfield, Il. KANKAKEE. Population in 1g10, 13,986. Kankakee Electric Railway Co.—Chartered in Mar., 1900, and Feb., 1907, for zo years. Controls and operates the Kankakee & Western R. R. Co. Annual meeting second Tuesday in Feb. CaPITAL Stock, authorized $200,000, paid in $160,000. TRACK AND EQUIPMENT.—Miles of track, 12; I9 passenger motor cars, 10 trail passenger cars (10 of which are of the prepayment type), 2 service cars. Orricers.—Pres. R. A. McCracken, Paxton, Ill.; V. Pres. E. E. Rollins; Sec. & Treas. E. D. Risser; Gen. Mgr. & Pur. Agt. J. D. O'Hara; Ch. Engr. August Gieseking; Mast. Mech. Frank L. Desens. GENERAL OFFICE, 3 Court St., Kankakee, Ill.; power station, Greenwood Ave. & Big 4 Tracks, Kankakee, III. North Kankakee Electric Light & Railway Co.—Connects Kankakee, Bradley and Bourbonnais. CariraL STOCK, authorized $100,000, paid in $32,600; par $100. FunpEp Drnr.—First mortgage ten-year 6 p. c. bonds, outstand- ing $17,000; due 1913; int. payable at Eastern Illinois Trust & Savings Bank, Kankakee, IIl., trustee. TRACK AND EQuipMENT.—Miles of track, 4.5; 7 motor cars, 4 other cars. Orricers.—Pres. W. W. Bird; V. Pres. Fred Mann; Sec. W. F. Beckman; Treas. Henry Beckman; Gen. Mgr. & Pur. Agt. S. R. Durfee. Directors.—W. W. Bird, Henry Beckman, T. M. Kelly, W. F. Beckman, Fred Mann, Z. Boissert. GENERAL OFFice, Illinois Eastern Trust & Savings Bank Bldg., Kankakee, II]. KEWANEE, Population in rgoo, 8,382; in 1910, 9,307. Galesburg & Kewanee Electric Railway Co.—Chartered May 20, 1902, for 50 years. Reorganization of the Galesburg & Oneida Electric Ry. Co. Operates city lines in Kewanee and Wethersfield and connects Kewanee and Galva. The line as projected will connect Wethersfield and Kewanee with Galva, Altona, Oneida, Wataga and Galesburg. Annual meeting second Tuesday in May. CAPITAL StocK.—Common, authorized and outstanding, $200,000; preferred, authorized $400,000, outstanding $110,800; par value, $100 per share. FunpED Desr,—First mortgage 5 p. c. gold coupon bonds, au- thorized and outstanding, $400,000; dated July 2, 1906, due July 2, 1926, denom. $1,000 and $500; int. payable Jan. 2 and July 2 at the Continental & Commercial National Bank, Chicago, trustee. Bonds are redeemable on any interest date until July 2, rgir, at 105 and in- terest, and thereafter at par and interest. OPERATION.— Year ending June 30, 1913. Total operating reve- nue, $84,472; total operating expenses, $63,658; net operating reve- nue, $20,814; taxes, $3,026; operating income, $17,788; other income, $125; gross income, $17,913; interest, $20,562: loss for year, $2,649. TRACK AND EQuipMEN’T.—Miles of track (electric), 12.93; 3 double truck passenger motor cars, 8 single truck passenger motor cars (7 of which are of the prepayment type), 3 trail cars, 3 freight or express trail cars, I snow plow. Orricexs.—Pres. Wm. H. Lyman, Kewanee, IIl.; V. Pres. H. W. Crane, Oneida, IIl.; Sec. & Treas. Frank M. Lay, Kewanee, II].; Audr. W.H. Epps; Gen. Mgr., Supt. & Pur. Agt. R. H. Hayward, Kewanee, Ill.; Engr. Power Station, Fred D. Marvin, Kewanee, Ill.: Mast. Mech. H. M. Ashenfelter; Roadmaster, L. E. Hanson, Kewanee, Ill. Direcrors.—William H. Lyman, H. T. Lay, F. M. Lay and R. H. Hayward, Kewanee, Ill; Henry W. Crane and W. D. Patty, Oneida, IIl.; W. D. Godfrey, Galesburg, Ill. ; GENERAL OFFIce, Power Sravion AND REPAIR SHors, Main and Third Sts., Kewanee, Il. ILLiInois McGRAW ELECTRIC RAILWAY MANUAL 63 LINCOLN. Population in 1900, 8,962; in I910, 10,892. Lincoln Railway & Light Co. TRACK AND EQuipMENT.—Miles of track, 8; 7 motor cars, 1 other car. : Orricers.—Pres, H.C. Quisenberry; 1st V. Pres. E. D. Blinn, Jr.; 2d V. Pres. F. D. Hoblit; Sec., Treas. & Audr. A. R. Thomas; Ch. Engr. J. T. Price; Mast. Mech. Wm. Dwyer. GENERAL OFFice, 211 So. Kickapoo St., Lincoln, Ill. MARION. Population in 1g00, 2,510; in IgI0, 7,093. _ Coal Belt Electric Railway Co.—This line reaches Carter- ville, East Carterville, Marion and Herrin, serving a total population of 15,000. Caprralr Sock, authorized and outstanding $300,000; par $100. DivipENps.— Year ended June 30, 1910, 10 p. c.; year ended June 30, 1912, 5 p. c. OpEration.—Year ending June 30, Igtl. IgI2. 1913. Gross income. ESE Mat eku Mette esse OOS $47,178 $57,520 $63,436 Operating expenses..... 0.00.2... cece ee eee 39:794 42,695 51,034 Gross income less operating expenses..... 7.384 14,825 12,402 OUher INCOME wos ec cee s eee aie 16,979 16,650 11,100 be (Mini mwae ee Rae se iw wae eee PRY 24,303 31,475 23,502 AXES a iiss ada nee OMY eae Maha eee 1,032 1,316 } Rentals; (Gi foc. ¥.cse5 s netnee areas 12,227 14,956 ( T2;79% Net incomes 2.0.24 sch aadn oe eed rea we II,I0g 15,203 10,801 Dividends asvtuiestds sires shawnee esas 15,000 18,000 SUT PLUS syed oe se 5 8G ar ee eactaliore ¥oieNvamecasieds 4203 *7,199 Surplus from previous year.............65 12,111 12,314 Total surplus account.............. 0.2000 I2,1II 12,314 5,115 * Deficit. Track AND EQuipMENT.—Miles of track (electric system), 13.43 main line; 12.85 industrial; 1.85 sidings; total 28.13; 8 motor cars. OrrFicEers.—Pres. Geo. J. Gould, New York City; V. Pres. E. J. Pearson, St. Louis, Mo.; Sec. F. W. Irland, St. Louis, Mo.; Treas. F. M. Hickman, St. Louis, Mo.; Audr. J. G. Drew, St. Louis, Mo.; Gen. Supt. J. F. Murphy, Marion; Pur. Agt. C. A. How, St. Louis, Mo.; Elec. Engr. E. Lewis, St. Louis, Mo.; Roadmaster, J. H. Rus- sell, Marion, Ill. Direcrors.—George J. Gould, Kingdon Gould, E. J. Pearson, L. O. Whitnell, T. E. Gillespie, R. E. Gillespie and H. L. Browning. GENERAL OFFICE, Marion, Ill.; power station and repair shops, 2.5 miles northwest of Marion, Ill. MATTOON. Population in rgro, 11,456. CENTRAL ILLINOIS PUBLIC SERVICE CO.—Incorporated in 1902 with a capital stock of $330,000, increased in 1912 to $6,000,000, when the company acquired control of a large number of public utility properties throughout Central and Southern Illinois covering electric, gas, water, heat and ice utilities and the operation of street and interurban railways. In 1913 the authorized capital stock was further increased from $6,000,000 to $10,000,000. Operates local rail- way systems in Mattoon, Charleston, Taylorville and Anna, Illinois, and controls the Central Illinois Traction Co., which operates an interurban railway between Mattoon and Charleston and a local street railway line in Paris. The company holds properties or fran- chises in 97 communities. CaprraL SrocK.—Common, authorized $5,000,000, outstanding $4,000,000; 6 p. c. cumulative preferred, authorized $5,000,000, out- standing $3,225,000. Funpep Drexpr.—Three-year 6 p. c. gold notes, outstanding $3,000,000; dated Dec. 1, 1913, due Dec. 1, 1916; secured by $3,500,000 first and refunding 5 p. c. bonds. First and refunding 5 p. c. gold bonds, outstanding $3,202.0c0; denom. $1,000; coupon, but may be registered as to principal; dated Aug tr, 1912, due Aug. 1, 1952; int. payable Feb. and Aug. 1 in New York; redeemable in whole or in part on any interest date at 105 and interest; secured by a mortgage covering all fixed property now owned or hereafter acquired, and are further secured bya deposit of $75,000 first mortgage bonds of the Mattoon Gas Light & Coke Co., the out- standing $290,000 first mortgage 5 p.c. gold bonds of the Central Illi- nois Traction Co. and $1,999,500 (entire outstanding issue except directors’ qualifying shares) stock of the Central Illinois Traction Co.; trustee, Continental & Commercial Trust & Savings Bank, Chicago, Ill.; subsequent bonds may be issued in exchange par for par for mortgage debt existing at time of acquisition of prop- erties acquired, to the extent of 75 p. c. of the amount of ex- penditures made in acquiring properties above the amount of mort- gage debt thereon, to the extent of 75 p.c. of the cost of betterments, improvements or additions, except that after the bonded debt, includ- ing all underlying bonds, shall have reached $6,000,000 no more bonds may be issued unless the annual net earnings applicable to interest charges are 1% times the interest charges including all bonds to be issued; at the end of the calendar year 1918, and each year thereafter, the company shall place to the credit of a depreciation reserve fund 2 p.c. of the par value of all bonds which shall have been outstanding under the mortgage for not less than six months. Mattoon -Clearwater Co.'s 5 p. c. bonds, outstanding $125,COO. DEBENTURES.—6 p. c. ten-year gold debentures, outstanding $1,257,000; dated Oct. 15, 1912, due Oct. 15, 1922. Underlying bonds on 15 of the subsidiary plants, $1,044,000. CoMBINED OPERATION OF CONTROLLED CoMPANIES.—Year ended Dec. 31, IgI2. 1913. GitOSS CANIN Ss. 4 ack cas tes eae cance se $1,249,982 $1,681,525 Operating expenses, includ’g taxes and ins.. 858,295 1,125,056 Earnings from operations .... ........20005 391,687 556,469 Miscellaneous earningS.........00seeeee eee 55,798 18,082 INetiearning Sco is a canes itecaesnnieitnarsianinne, dweeeee:s 335,889 574.551 Interest on funded debt.............. eee ee 350,000 319,680 BalainGeudcatics ws nakvietneieng anand wine Pee wales 185,889 254,871 Track AND EquipmMENT.—Miles of track (electric), 15; 3 double and 6 single truck passenger motor cars, 2 trail passenger cars, I freight motor car, I service car. Orricers.—Pres. Marshall E. Sampsell; V. Pres. F. S. Peabody; Sec. & Treas. R. B. Donnelley; Asst. Sec. E. C. Beatty; Gen. Supt. G. W. Hamilton; Supt. Transpt. W. M. Brown; Engr. Power Station, J. A. Autenreith, all of Mattoon. Direcrors.—Samuel Insull (Chmn.), A. J. Autenreith, R. B. Donnelley, George W. Hamilton, Martin J. Insull, F. S. Peabody and Marshall E. Sampsell. GENERAL OFFICE, Mattoon, Ill. MONMOUTH. Population in 1910, 9,128. Rock Island Southern Railway.—Incorporated in Illinois as a steam railroad. Passenger service operated by electricity and freight service by steam. A lease has been entered into between the railway and the Edwards River Power Co., whereby the latter company leases the power house, paying the railway as_ rental $3,000 per month until the gross receipts of the power company shall exceed $100,000 for the previous 12 months, when an additional sum of Io p. c. per annum of the gross receipts shall be paid to the railway. In consider- ation of the lease, the power company has made a rate to the railway for such current as it requires for its own needs of 3% of 1 cent per kilowatt hour. : CaPpIraL S10cK, authorized $2,500,000, outstanding $2,282,000. FunvEep Drexsr.—First mortgage 5 p.c. gold bonds, authorized $2,- 500,000, outstanding $2,282,000, remainder reserved for betterments and improvements; dated Jan. 10, 1908, due Jan. I, 1947; denom. $100, $500 and $1,000; int. payable Jan. and July at Central Trust Co., Chicago, trustee. Subject to call after Sept. 10, 1913, at 105 and interest. Additional bonds may be issued for purchase of connecting lines when net earnings are 1% times interest on bonds outstanding and those to be issued. EaRNINGS.—Six months ended Jan. 1, 1913. Gross earnings’: ws cea aciasveauaadade dave aces eae wed $195,224 Operating Expenses. ccna. o.0cs..eee eau Meera sas das 104,895 Balance net. sccsdiss centers Ox Seiad Ge os takes Sins sect enwe en Pacns 90,329 Track AND Equipment. — Miles of main line owned 28.99, branches and spurs 13.25, yard track 7.94, total 50.18; operated under lease from Chicago, Rock Island & Pacific Ry., 22.11 miles; total track operated 72.29 miles: 7 electric motor passenger and 3 trail passenger cars, 2 express and freight motorcars, 7 steam locomotives, 60 box cars, 90 gondola coal cars, 1 refrigerator car, 92 box stock and flat cars and 7 work cars. OrrFicers.--Pres. E. C. Walsh, Chicago, Ill.; V. Pres. E. C. Walsh, Jr.; V. Prests. M. A. Walsh, Clinton, Ia., and P. T. Walsh, Davenport, Ia.; Sec. J. W. Walsh, Davenport, Ia.; Treas. C. H. Walsh, Burlington, Ia.; Gen. Supt. J. Munday, Matherville, Il. Direcrors.—John J. Ryan, C. H. Read, H. C. Lightner, Mon- mouth, Ill.; E. C. Walsh, Chicago, Ill; M. A. Walsh, Clinton, Ia.; C. H. Walsh, Col. Higbee, Burlington, Ia. GENERAL Orrick, Rock Island, Ill. MURPHYSBORO. Population in 1910, 7,485. Murphysboro Electric Railway Light, Heat & Power Co.— Chartered Nov. 12, 1907, in Illinois. In 1908, purchased the Murphys- boro Street Ry. Co. Road opened Oct. rt, 1909. CariIraL STock, outstanding, $36,000; par $100. TRACK AND EqQuipMENT.—Miles of track, 2.25; 3 cars, Orricers.—Pres. A. B. Minton; V. Pres. (Mrs.) Sallie Logan; Sec. & Treas. J. G. Hardy; Gen. Mgr. & Pur. Agt. W. C. Alexander. GENERAL Orrice, Cor, 15th & Walnut Sts., Murphysboro, I]. McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS OTTAWA. Population in rg00, 10,588; in IgI0, 9,535. CHICAGO, OTTAWA & PEORIA RAILWAY CO.—Incor- porated Apr. 15, 1907, and operates an electric railway, including the Illinois Valley Railway, purchased in 1909, between Princeton and Joliet, Ill., via Peru, La Salle, Utica, Ottawa, Marseilles, and Morris, with branches from Ottawa to Streator and Spring Valley to Ladd. Stock all owned by Western Rys. & Lt. Co. CapPITAL Srock, authorized and outstanding, $250,000. FuNpDED Dest.—First mortgage 5 p.c. bonds, authorized, $5,000,- 000; outstanding, $2,918,000; dated Dec. 1, 1907, due Dec. I, 1937; denom. $1,000; Central Trust Co. of Illinois, trustee; guaranteed prin- cipal and interest by Western Rys. & Lt. Co. General mortgage 6 p.c. gold bonds, authorized $1,500,000; dated Dec. 1, 1910, due Dec. 1, 1938. S. H. Ewing is a trustee. Illinois Valley Railway’s first mortgage 5 p.c. gold coupon bonds, authorized, $2,000,000; outstanding, $1,304,000; dated Sept. I, 1905, due Sept. 1, 1935; denom. $500 and $1,000; int. payable Mar. and Sept. at Irving National Bank, New York City, trustee. Subject to call for sinking fund after Mar. 1, 1906, at 105, and for other purposes after Mar. 1, 1910. Sinking fund of 114 p.c. per annum of outstanding bonds. Track.—Miles of track (electric) in operation, 107.71; 24 double truck passenger motor cars, 8 single truck passenger motor cars (3 of which are of the prepayment type), 14 trail passenger cars, 3 freight and express motor cars, 5 express trail cars, 38 coal cars, 3 electric locomotives, 5 service cars. OrFicers.—Pres. W. B. McKinley, Champaign; V. Pres. Geo. F. Duncan, Portland, Me.; V. Pres. & Gen. Myr. H. E. Chubbuck, Peoria; Sec. E. A. MacNutt, Montreal, Can.; Treas. Edw. Woodman, Portland, Me.; Audr. W. J. Achelpohl, Peoria, Ill.; Asst. Treas. W. H. Carnahan, Champaign, Il]l.; Gen. Supt. F. E. Fisher, Joliet, I11. GENERAL OFFICE, POWER STATION AND REPAIR SHOPS, Ottawa. For map of road see page 46. NORTHERN ILLINOIS LIGHT & TRACTION CO.—Incor- porated in Illinois and is successor to the Ottawa Railway, Light & Power Co., foreclosed in July, 1909. Chartered Sept. 11, 1903, for g9 years. Lighting franchise is perpetual; railway franchise granted Feb. 1, 1910, for 20 years. Annual meeting in May. The Western Railways & Light Co. owns the entire stock. Constructed a hydro- electric plant at Marseilles, Ill., which was placed in operation in Apr., 1912, and sells power to Chicago, Ottawa & Peoria Ry., Citizens’ Lighting Co., La Salle, Ill., Spring Valley Gas & Electric Co. and Public Service Co. of Northern Illinois at Morris and Seneca. CAPITAL Stock, authorized and issued $750,000; par $100. FunpeD Dest.—General mortgage 6 p.c. gold coupon bonds, authorized $1,000,000, outstanding $84,000; principal and int. guar- anteed by Western Rys. & Light Co.; dated Dec., 1913, due Dec. 1, 1938; denom. $1,000; int. payable June and Dec. at Merchants’ Bank of Canada, New York City; E. Bentley Hamilton, Peoria, IIl., trustee. First mortgage 5 p. c. gold coupon bonds, authorized $1,200,000, outstanding $668,000, of which $342,000 are guaranteed, principal and interest, by the Western Railways & Light Co.; dated July 1, 1903, due July 1, 1923; denom. $500 and $1,000; int. payable Jan. and July at American Loan & Trust Co., Boston, Mass., trustee. Additional bonds may be issued for acquiring new lines or construction. TRACK AND EQuirpMENT.—Miles of track (electric), 6.1; 7 motor cars. OrrFicEers.—Pres. W. B. McKinley, Champaign, IIl.; V. Pres. & Gen. Mgr. H. E. Chubbuck, Peoria, Ill.; Sec. E. A. MacNutt, Montreal, Que.; Treas. Edw. Woodman, Portland, Me.; Asst. Treas. W. H. Carnahan, Champaign, Ill.; Audr. W. J. Achelpohl, Peoria, Ill.; Supt. L. W. Hess, Ottawa, IIL. GENERAL OFFICE AND POWER STATION, Ottawa, III. PARIS. Population in 1910, 7,664. TERRE HAUTE & WESTERN RAILWAY CO,.—Extends from the Indiana State line at Sanford, Ind., to Paris, Ill., over private right of way, except through Vermilion and Paris, Ill., where the com- pany has franchises for 20 and 50 years respectively. The road was built really as an extension to the lines of the Terre Haute Traction & Light Co., which owns all the preferred and common stock and leases the line for 999 years from Nov., 1907. The Terre Haute & Western Railway Co. agreed to take such proceedings as may be necessary to secure a franchise to operate through Vermilion for a period extending beyond the life of its first mortgage bonds. If unable to obtain such a franchise, it agrees to buy a right of way around Vermilion. This agreement has been con- curred in by the Terre Haute Traction & Light Co. Capirat Stock.—Common, authorized and issued $200,000; pre- ferred, authorized and issued $150,000. Funpep Denr.—First mortgage 5 p. c. gold bonds, authorized and outstanding $250,000; coupon, principal may be registered; dated 1907, due Nov. 1, 1937; denom. $1,000; int. payable May 1 and Nov. 1 at the New England Trust Co., Boston, trustee. Guaranteed, prin- cipal and interest, by endorsement by the Terre Haute Traction & Light Co, The Terre Haute, Indianapolis & Eastern Traction Co. has leased for 999 years from Mar. 1, 1907, the Terre Haute Traction & Light Co., and assumed all the obligations of this lease. OPpERATION.— Year ending Dec. 31, IgIl. 1912. 1913. Gross: TEVENUEy oo ep agakemerernwedee stat eh $55,006 $58,936 $55,086 Operating expenses and taxes...........-+ 29,459 32,441 29,187 Niet LEVENU GS oo0'8 se0nk 5.5.38 SES SRS NE Oe ONES 4 25,547 26,495 25,899 Other income. ........ cece eee cece te eenee 500 500 500 Gio eva Ghd ae BR Mee Bk ae Rieke 26,047 26,995 26,399 DGdiCtiOnStsscdidicts seeane tals BH ee ites 12,500 12,500 12,500 EGCG, Ad Bere se ee eka ees RS eS I3,547 14,495 13,899 Orricers.—Pres. T. F. Grover, Terre Haute, Ind.; V. Pres. F. T. O’Hair, Paris, Ill.; Sec. E. J. Davis, Terre Haute, Ind.; Treas. J. E. Lamb, Terre Haute, Ind. PEORIA. Population in 1900, 56,100; in Ig10, 66,950. PEORIA RAILWAY CO.—Successor to the Central Ry. Co., chartered Mar. 31, 1888. In 1904 the Peoria & Prospect Heights Railway was acquired. Controlled by the Illinois Traction Co. CapPITAL Stock, authorized and outstanding, $1,010,000; par $100. FunDED DeEst.—General mortgage 5 p. c. gold coupon bonds outstanding, $630,000; dated 1909; due Feb. 1, 1926. First and refunding mortgage 5 p. c. gold coupon bonds, author- ized, $3,600,000; outstanding, $2,394,000; retired, $360,000; reserved to retire prior liens, $570,000; balance for additions and betterments; dated 1906; due on Feb. 1, as follows: $75,000 in Igrs, $80,000 in 1916, $85,000 in 1917, $95,000 in 1918, $100,000 in I91g9, $105,000 in 1920, $110,000 in 1921, $115,000 in 1922, $120,000 in 1923, $125,000 in 1924, $130,000 in 1925 and $750,000 in 1926; denom. $1,000; int. payable Feb. and Aug. in New York. Illinois Trust & Savings Bank, Chicago, trustee. Guaranteed, principal and interest, by endorsement by IlIli- nois Traction Co. Subject tocall on any interest date at 105 and inter- est. $500,000 of these bonds were surrendered with all unmatured coupons and $500,000 general 5s issued in place thereof. Central Ry. Co.’s first mortgage 5 p. c. gold bonds, authorized, $750,000, outstanding, $570,000; coupon, but may be registered; dated Oct. 1, 1895, due Apr. I, 1915; denom. $1,000; int. payable Apr. and Oct., at office of New York Trust Co., trustee of mortgage. TRACK AND EQUIPMENT.—Miles of track (electric), 72; 108 motor cars, of which 13 are of the pay-as-you-enter type, and 23 other cars. Orricers.—Pres. Wm. B. McKinley, Champaign; V. Pres. S. L. Nelson, Peoria; Sec. E. A. MacNutt, Montreal; Treas. & Asst. Sec. Geo. M. Mattis, Champaign; Gen. Supt. R. W. Bailey; Supt. Peter Brady; Traffic Mgr. Geo. Quackenbush; Ch. Elecn. & Mast. Mech. A. T. Leach; Engr. Maint. of Way, L. B. Martin; Engr. Power Station, L. O, Williams; Roadmaster, W. A. Flett. GENERAL OFFICE, 622 S. Adams St.; power station and repair shops, Washington and Chestnut Sts., Peoria, III. Peoria Railway Terminal Co.—Chartered Nov. 17, 1906, for 50 years, and is successor by purchase (at receiver’s sale Feb. 9, 1907) to the Peoria & Pekin Terminal Ry. Franchises in cities dated June 15, 1909, are for go years. Connects Peoria, South Bartonville and Pekin. Annual meeting third Tuesday in Jan. Controlled by the Chicago, Rock Island & Pacific Ry. Co. and the Chicago & Alton R. R. Co. jointly. CapITAL STOCK, authorized and outstanding $1,000,000; par $100. Funpep Desr.—First and refunding mortgage 4% p.c. bonds, authorized $2,000,000, issued $1,500,000, outstanding $1,272,000, in treasury $228,000; dated Dec., 1911, due 1941; int. payable May 31 and Nov. 30 at office of company in New York: guaranteed, principal and interest, by the Chicago, Rock Island & Pacific Ry. i- cago & Alton R. R. Co. : Prog ee ae First mortgage 4 p. c. gold coupon bonds, outstandin ,000; dated Jan. 1, 1907, due Jan. 1, 1937; denom. $1,000; int. aes Jan. and July at office of company in New York; Illinois Trust & Savings Bank, Chicago, trustee. Bonds may be called for payment after Jan. I, 1915, at 1oo and accrued interest, plus 214 p.c. Guaranteed, prin- cipal and interest, by the Chica o, Rock Isl r i Chicago & Alton RR Go: g ock Island & Pacific Ry. and the ILLINoIs McGRAW ELECTRIC RAILWAY MANUAL 65 OPERATION.— Year ending June 30, Igo. Igi2. 1913. STATISTICS OF TRAFFIC. Earnings from passengers.............. $ 74,332 $ 74,882 $ 89,806 Dec. 31, _ i netehe set eee eee eee 38.975 115,319 118,648 Year ending June 30, 1910. 1912. 1913. Gross income ee I oe ae TpOA6 Revenue passengers carried.,... aii tentals 162,144 152,398 132,153 General expenses ree a ae Las a a Passenger car miles run................. 116,201 115,152 110,122 fs She cee ep aetastes tery ’ ’ ; oe OS MIG URS 2 Sosa ns 8 Jedtreedaasaonaieuao® 1336 042 1027 Tene ee EXPENSES........600. a ee 137,059 ee Average serene oe car mile é ae 3 55s ee SES! eR sccguca tat. e eet ved 4. 1,407 : eee hae gr . : Maintenance of way and structures.. 24,148 22,116 aioe Operating expenses per car mile.......... 181 176 +241 < ‘* equipment.......... 29,733 24,626 28,1 Operating expenses..................... 165,297 200,627 sas ta BALANCE SHEET.—Dated Dec. 31, 1913. . 2 —_— —_—$-_—s«s ASSETS. LIABILITIES. oe income less operating expenses... 7,653 ¥2,153 25,906 | Cost of road and equip.. .$383,723 Capital stock............ $ 95,500 t ci INCOME. ov ee eee eee eee eee es 82 | Other perm. investments.. 31,606 Funded debt............ 301,100 mtereston funded debt............. 37,760 67,145 92,030] Cash. ..... cece eee cee es 593 Bills payable............ 4,500 T floating debt............. 12,965 30,333 Accounts receivable..... 89 Accounts payable........ 9,595 AXES oe eee cette eee ee ees 7,190 15,289 11,456 Insurance reserve and Other deductions................... 307 18,942 34,897 taxes accrued......... 1,965 ‘ eo So ee Profit and loss (surplus). 3,351 Net deficit o ascaesaataure sac auch fodendee role ened Lette 50,569 133,862 112,395 —_— cae) = 2 Operating expenses p. c, of earnings.... 88.54 POCA seas iicenssataestone eaee $416,011 = Total............-.--- $416,011 * Deficit. : cae as TRACK AND EQUIPMENT.—Miles of road (electric) 20, second track Y Z STATISTICS: “OF “ERARFIC. .6, sidings .3; 18.5 miles are on private right of way; 2 motor pas- a ear ending June 30, IgIo. 1912. 1913. senger cars, 2 trail cars, 1 freight and 6 work cars. nubian Sa CARTE. oc ke seventies 746,934 751,005 987,751 Orricers.—Pres. Frank J. Baker; V. Pres. Chas. A. Munroe; Hoot oie. Seremban ies 271,999 ae ee Sec, & Treas. J. H. Gulich, all of Chicago, Ill.; Audr. & Supt. Transpt. Average revenue per pass. car mile....... $.2732 $.2832 $.3285 i Ey Seles Gen Mer Va Ve harsmall; EMEEY, Me GENERAL OFFICE AND REPAIR SHOP, Pontiac, III. BALANCE SHEET.—Dated June 30, 1913. ASSETS, LIABILITIES. Cost of road and equip..$2,662,533 Capital stock.......... $1,000,000 QUINCY. Bonds held in treasury Funded debt........... 2,444,000 hoe ‘ (own issue).......... 228,000 Accrued interest....... 18,920 Population in 1900, 36,252; in 1910, 36,587. Other perm. investm’ts. 12,042 TPS TAKES: Oo ain adnccs 5,750, QUINCY RAILWAY CO.—Incorporated in I!linois, in 1912, as Cash rete eee eee eee 16,010 Other accrued accounts 4,680 | successor to the Quincy Horse Railway & Carrying Co., which was Bills receivable...... t 60,857 Bills payable........ 29,277 chartered Feb. 11, 1865. The Western Railways & Light Co. owns Wee ee 2 Accounts payable.... ; entire capital stock. Annual meeting third Monday in Jan. Ga ee SERB MES: ee CAPITAL StTock, authorized and issued, $1,000,000; par $100. Profit and lass (deficit). 503,266 FUNDED Dest.—First and refunding mortgage 5 p.c. gold coupon Soe ee —_________ | bonds, authorized $1,500,000, issued $555,000; reserved to retire prior Dotalsscccccesaeeined $3,502,627 Total..............$3,502,627 | lien, $400,000; denom. $1,000; dated Feb. 1, 1912, due Feb. 1, 1932; TRACK AND EQuipMENT.—Miles of main track (electric and steam), 11.40; yard tracks and sidings, 16.95 miles; total, 28.35; 7 doubletruck passenger motor cars, 50 freight cars and 2 service cars. OrFicers.—Pres. B. A. Worthington; V. Pres. A. C. Ridgway; Sec. & Treas. Geo. H. Crosby; Audr. W. H. Burns, Chicago, II; Gen. Mgr. J. H. Harris; Ch. Engr. Power Station, Dennis Moran; Roadmaster, Frank Aiello, all of Peoria, Ill. Drrectors.—H. T. Douglas, Jr., R. D. Clarke, B. A. Worthing- ton, A. C. Ridgway, Geo. H. Crosby, all of Chicago, Ill.; W. T. Irwin, T. A. Grier, Peoria, Il. GENERAL OFFICES, Terminal Station, Peoria, Ill.; power station and repair shop, South Bartonville, Ill. PONTIAC. Population in 1900, 4,266; in 1910, 6,090. BLOOMINGTON, PONTIAC & JOLIET ELECTRIC RAIL- WAY CO —Charter and municipal franchise granted in 1903, for 50 years. Connects Pontiac and Dwight. Annual meeting in Jan. Con- trolled by Public Service Co. of Northern Illinois. CapPiraL Srock, authorized $100,000, outstanding $95,500; par $100. Funpep Drxsr.—First mortgage 5 p. c. gold bonds, authorized $2.500,000, outstanding $300,000; dated Sept. 1, 1905, due Sept. 1, 1935; denom. $1,000; int. payable Mar. and Sept. at Continental & Commercial Trust & Savings Bank, Chicago, trustee. Subject to call at 105 and interest on any intcrest date. Dec. 31, OpERATION.— Year ending June 30, IgIo. 1912. tIgt3. Gross revenue from passengers......... $22,035 $20,093 $18,167 a a ‘* other sources.... ... 3,480 3,311 3,474 GIoSS FEVENUEC... cere cece cece rece ecese 25,515 23,404 21,641 General expens€S.... se. ee eee eee 3,331 3,006 = 5,185 Operation ee plant.......... } Get 24098 Fee8: Maintenance of way and structures... 665 1,014 1,488 i ‘* equipment........... 3,556 3,018 3,666 Total operating expenses............+.4. 20,068 20,309 22,620 Gross income less operating expenses .... 5,447 3,095 *979 Interest on funded debt.............. 645 50 TAX€Ss saad sede se ieee eset ae 1,940 2,361 1,827 NGE INCOME: 4 eateceie he tee oe Ws See OSS 2,862 684 *2,806 Surplus from previous year...........+.. 6,157 Total surplus... .... cece cece eee ee eee eee 2,192 2,900 3,351 10 Operating expenses p. c. of earnings..... * Deficit. +Includes interest on notes and insurance ($607) and traffic expenses. {During the year expenses due to two or three shut-downs for repairs and changes in the system from alternating current to direct current were charged to operating expenses. int. payable Feb. and Aug. at Fidelity Trust Co., Portland, Me., trustee. ; First consolidated mortgage 5 p. c. gold bonds, authorized $550,- 000, outstanding $400,000; coupon, but may be registered; dated Oct. 1, 1898, due Oct. 1, 1918; int. payable Apr. and Oct. at Portland Trust Co., of Portland, Me., trustee. : TRACK AND EQUIPMENT.—Miles of track (electric), main line 18.26, second track 4.59, total 22.85; 44 cars, of which 29 are motor cars and 15 trail cars. OrFIcers.—Pres. W. B. McKinley, Champaign, Ill.; V. Pres. G. F. Duncan, Portland, Me.; Sec. E. A. MacNutt, Montreal, Can.: Treas. Edw. Woodman, Portland, Me.; Asst. Treas. W. H. Carnahan, Champaign, IIl.; Audr.W. J. Achelpohl, Peoria, Ill.; Gen. Mgr. H. E. Chubbuck, Peoria, Ill.; Gen. Supt. W. A. Martin; Claim Agt. J. G. Forsthove; Ch. Engr. W. L. Peters; Mast. Mech. L. Recksieck; Roadmaster, J. C. Williams, all of Quincy. GENERAL OrFices, Portland, Me., and Quincy, Ill.; power station and repair shops, Quincy, III. ROCKFORD. UNION RAILWAY, GAS & ELECTRIC CO.—Incorporated in New Jersey in June, 1909, and owns all or practically all of the pre- ferred and common stocks of the Springfield Railway & Light Co., Peoria Light Co., The Evansville Light Co., the Rockford & Interurban Railway Co., Janesville Traction Co. and DeKalb-Sycamore & Inter- urban Traction Co. The Evansville Light Co. owns all the common stock, $950,000 preferred stock, and all the debenture bunds and $102- 000 bonds of the Public Utilities Co. of Indiana. Control acquired in 1913 by the Commonwealth Power, Ry. & LightCo. Annual meeting first Tuesday of Feb. CariraL Srock.—Common, authorized and issued $6,000,000; preferred 6 p. c. cumulative, authorized $12,000,000, issued $5,- 250,000. Preferred stock is preferred as to assets and is redeemable at 105 p. c. and accrued dividends upon 60 days’ notice. Dividends at the rate of 6 p.c. and 4 p.c. per annum are being paid on the preferred apd the common stock respectively. FunpEep DEsr.—Collateral trust 5 p. c. bonds, outstanding, $4,- 000,000; coupon, but may be registered as to principal; dated July 1, 1909, due July 1, 1939; denom. $500 and $1,000; int. payable Jan. 1 and July 1 at Hodenpyl, Hardy & Co., New York, and E. W. Clark & Co., Philadelphia; Commonwealth Trust Co. of Philadelphia, trustee. Redeemable at par and interest on any interest date upon 60 days’ previous notice; convertible at option of holder, on any interest date upon 30 days’ previous notice to the company, into 6 p. c. pre- ferred stock, and may be reissued. Additional bonds may be issued to retire bonds of constituent companies, and for not to exceed 75 pc. of the actual cash cost of additional property, etc., when the net reve- nue for the 12 months preceding shall have been not less than 1% times the annual interest charge on all bonds outstanding, including | those sought to be issued. 66 McGRAW ELECTRIC RAILWAY MANUAL ILLINOIS Three-year 5 p. c. gold notes, authorized $4,000,000, outstanding $1,500,000; dated Mar. I, 1913, due Mar. 1, 1916; denom. $5,000; coupon, but may be registered as to principal; int. payable Mar. and Sept. 1 at office or agency of company, 14 Wall St., New York; Bankers’ Trust Co., New York, trustee; redeemable as a whole at Too and interest on any interest date on 30 days' notice. Securities of underlying companies, except those of the Rockford & Interurban Ry. Co., Public Utilities Co. of Evansville, Ind., and Springfield Railway & Light Co., which are reported under state- ments of those companies : EVANSVILLE Licur Co.—Capital stock, common, authorized and issued, $t,500,000; preferred, authorized, $1,500,000, issued, $1,000,000. SPRINGFIELD Gas Licut Co.—Capital stock, common, authorized and issued, $275,000; bonds, authorized and issued, $150,000. SPRINGFIELD Licut, Hear & Power Co.—Capital stock, common, authorized and issued, $1,500,000; bonds, authorized, $2,000,000, issued, $1,500,000. Peoria Licur Co.—Capital stock, common, authorized and issued, $2,500,000; preferred, authorized and issued, $1,000,000. Bonps.—Collateral trust 5 p- c. bonds, authorized, $5,000,000, outstanding, $2,500,000; dated July 1, 1906, due July 1. 1936; denom. $1,000; int. payable Jan. 1 and July 1 at Hodenpyl, Hardy & Co., New York; Bankers Trust Co., New York, trustee. Additional bonds may be issued to the amount of $2,500,000 to retire a like amount of Peoria Gas & Electric Co. bonds. Cenrrat Ininors Ligur Co,—Capital stock, authorized and issued, common $5,000,000; preferred $2,500,000. All owned by Peoria Light Co. Bonps.— First mortgage 5 p. v. bonds, authorized and issued, $2,500,000; coupon, but may be registered; dated 1903, due Jan. 1, 1923; denom. $1,000; int payable Jan. « and July t at Hodenpyl, Hardy & Co., New York; Bankers Trust Co., New York, trustee, Sinking fund of 5 p. c. of annual gross earnings began Jan. 1, 1910, to be paid to trustee annually thereafter. Sinking fund may be drawn upon by the company to pay for additions to property against which no bonds have been issued. Crvizens Gas & Evecrric Co.—First mortgage 5 p. c. bonds, au- thorized $200,000, issued $175,000; dated Feb. 15, 1902, due Feb. 15, 1922; denom. $1,000; int. payable Feb. and Aug. 15 at the Merchants Loan & Trust Co., Chicago, IIl., trustee; $25,000 bonds have been acquired by sinking fund; redeemable on any interest date at 105 and interest. Pekin Licur, Hear & Power Co.—Controlled by the Central Illinois Light Co., which leases the company and owns all the stock and $46,000 of the bonds; capital stock, common, authorized $300,- 000, issued $100,000; bonds authorized $50,000, issued $50,000. DEKaALB-SycamoreE & INTERURBAN TRACTION Co.—Controlled by Union Railway, Gas & Electric Co., which owns all the stock; capital stock, authorized $1,500,000, outstanding $497,500; bonds, authorized $1,500,000, outstanding $382,000. JANESVILLE TRACTION Co.—Controlled by Union Railway, Gas & Electric Co., which owns all the stock, except directors’ qualifying shares, and bonds; Capital stock, authorized and issued, $125,000; bonds, authorized, $200,000, issued, $50,000. Earnincs.—Union Railway, Gas & Electric Co. and its con- stituent companies: Year ended Dec. 31, Iglo. IQII. IgI2. Gross and miscellaneous earnings..$2,981,711 $3,190,109 $3,992,134 Operating expenses............... 1,633,954 1,728,449 2,202,086 Net earnings..................008 1,347,757 1,461,660 1,790,078 Rixed chargesy.« ciauisinon saussenwiainioen 796,257 845,368 1,089,993 Net Prones: sce gasses an enacesees 551,500 610,292 700,085 Dividend preferred stock.......... 314,165 314,550 314,925 Balance (surplus)............... 237,335 301,742 385,160 OrricEers.—Pres. Anton G. Hodenpyl, New York City; V. Pres. C. M. Clark, Philadelphia, Pa.; V. Pres, & Sec. Geo. E. Hardy, New York City; Treas. & Asst. Sec. Jacob Hekma, New York City; Asst. Treas. C. A. Pearson, Jr., Philadelphia, Pa. Direcrors.—Anton G. Hodenpyl, B. C. Cobb, New York City; C. M. Clark, E. W. Clark, Philadelphia, Pa.; John W. Barr, Jr., Louisville, Ky.; James Richardson, Providence, R. I.; Geo. E. Hardy, New York. GENERAL OFrice, 14 Wall St., New York City. ROCKFORD & INTERURBAN RAILWAY CO.—Successor to the Rockford & Belvidere Electric Ry Co., and on Oct. I, 1902, pur- chased the property of the Rockford Railway, Light & Power Co.,on Sept. 1, 1904, purchased entire capital stock of the Rockford & Freeport Electric Ry. Co. and on Apr. 1, 1906, absorbed the Rockford, Beloit & Janesville R. R. Co. Municipal franchises granted for sixteen to forty years, from Jan. 1, 1907. Interurban property built on private right-of-way. Guarantees principal and interest of the $592,000 bonds of the Rockford & Freeport Electric Ry. Co., and $1,000,000 of Rock- ford, Beloit & Janesville Division bonds. The Union Railway, Gas & Electric Co. owns the stock, except directors’ qualifying shares. Annual meeting first Tuesday in May. CariraL SvockK.—Common, authorized and issued, $2,000,000; preferred stock, authorized and outstanding, $2,000,000. FunpeD Derxst.— First mortgage 5 p. c. bonas, authorized $3,000,000, outstanding $1,131,000; coupon, but may be registered; dated Oct. 1, 1902, due Oct. I, 1922; denom. $500 and $1,000; int. payable Apr. and Oct. at Continental & Commercial Trust & Savings Bank, Chicago, Ill., trustee, or First National Bank of New York, Sinking fund of 2 p. c. of gross receipts commencing with year ending June 30,. 1915, to be invested in the bonds. Subject to call on any interest date upon 30 days’ notice, at 105 and interest. Ad- ditional bonds may be issued for 85 p. c. of cost of betterments, and for acquiring connecting railways in an amount not exceeding ten times the net earnings of the railway so acquired. Rockford & Freeport Electric Ry. Co.’s first mortgage 5 p.c. gold bonds, authorized, $750,000, outstanding, $601,000 (mortgage closed); coupon, but may be registered; dated May 1, 1903, due May I, 1923; denom. $500 and $1,000; int. payable May and Nov. at Far- son, Son & Co., Chicago and New York, and Continental & Com- mercial Trust & Savings Bank, Chicago, trustee. Sinking fund of 5 p.c. of gross earnings of the Freeport division each year, begin- ning Feb. 1, 1910. Guaranteed principal and interest by Rockford & Interurban Railway Co. Redeemable on any interest date at 105 and interest. Rockford, Beloit & Janesville R. R. Co.’s first mortgage 5 p.c. gold bonds. outstanding, $1,000,000; (mortgage closed); coupon, but may be registered; dated Oct. 1, 1905, due Oct. 1, 1930; denom. $1,000; int. payable Apr. and Oct. at Continental & Commercial Trust & Savings Bank, Chicago, IJ. trustee, or First National Bank, New York. Sinking fund of 2 p. c. of gross earnings of the division, commencing with the year ending June 30, Ig15, to be invested in the bonds. The bonds may be called for payment on any interest date at 102% and interest. Guaranteed by Rockford & Interurban Ry. Co. TRACK AND EQuiIpMENT.—Miles of road (electric), 94; miles of track, 114.71; 93 motor cars, 28 trail cars, 4 express cars, 16 service cars. OrrFicers.—Pres. B. C. Cobb, New York City; 1st V. Pres. E. J. Bechtel, New. York City.; 2d V. Pres. I. M. Ellis, Rockford, lll.; Sec. W. H. Lemons, Rockford, IIl.; 3d V. Pres., Treas., Gen. Mgr. & Pur. Agt. W. C. Sparks, Rockford, Ill.; Asst. Sec. & Asst. Treas. S. E. Wolff, New York City; Supt. W. B. Page; Claim Agt. A. E. Hau- ter, Rockford; Gen. Exp. & Pass. Agt. C. C. Shockley; Mast. Mech. L. W. Jacques. GENERAL OFFicE, Rockford, Ill.; repair shops at Rockford and Beloit. SPRINGFIELD. Population in 1900, 34,159; in 1910, 51,678. SPRINGFIELD RAILWAY & LIGHT CoO. —Incorporated in Mar., 1903. Owns all the securities (excepting $750,000 first mort- gage bonds of the Springfield Consolidated Ry. and directors’ qualify- ing shares) of the Springfield Consolidated Ry. Co. and Springfield Gas & Elec. Co., furnishing the street railway, gas and electric service in Springfield, Ill. The Union Ry., Gas & Electric Co. owns prac- tically all of the stock. CapiraL Srock, common, authorized and issued, $3,000,000; par value, $100 per share. Funpep Dexr.—Collateral trust mortgage 5 p. c. gold bonds, au- thorized $5,000,000, outstanding $3,075.000; coupon, but may be regis- tered; dated June 1, 1903, due June, 1933; denom. $1,000: int. payable June r and Dec. r at Fidelity & Columbia Trust Co., Louisville, Ky., trustee; E. W. Clark & Co., Philadelphia, Pa., and Hodenpyl, Hardy & Co., New York City. $668,000 bonds are held by Union Railway, Gas & Electric Co.; $507,000 bonds are reserved for issue at 85 p. c. of the actual cost of additions and improvements to property, constructed or acquired, and $750,000 to retire a like amount of Springfield Consolidated Ry. bonds outstanding. Subject to call on any interest date on 60 days notice at 107% and interest. Secured by deposit, with the trustee, of all the stocks and bonds of constituent companies, except the $750,000 Springfield Consolidated bonds not owned, SPRINGFIELD CONSOLIDATED RAILWAY CO.—A con- solidation of the Springfield City Ry. Co. and the People’s Electric Ry. Co. Entire stock, except directors’ qualifying shares, is owned by the Springfield Railway & Light Co. CAPITAL STocK, common, authorized and issued, $1,400,000. FuNbED Desr.—First consolidated mortgage 5 p. c. gold coupon bonds, authorized and outstanding, $750,000; dated June 1, 1893, due June 1, 1933;denom $1,000; int. payable June rand Dec. 1 at Fidelity & Columbia Trust Co., of Louisville, Ky., trustee, and Hodenpyl, Hardy & Co., New York City. OFricers.—Pres. B. C. Cobb, 14 Wall St., V. Pres. E. J. Bechtel, New Vork City; Mackie, Springfield, IIL; Ill.: Sec. H. T. Willett, Springfield, Ill; City; Gen. Supt. R. Moore. New York City; V. Pres. & Gen. Mgr. A. D. 2d V. Pres. Bluford Wilson, Springfield, Springfield, Ill.; Treas. E. L. Sturtevant, Asst. Sec. & Asst. Treas. S. E, Wolff, New York & Elec. Engr. Joseph O’Hara; Supt. Transpt. C. ILLINOIS McGRAW ELECTRIC RAILWAY MANUAL 67 ILLINOIS CENTRAL TRACTION CO,—Incorporated in 1903 and operates between Decatur and Springfield, with a branch line from Mechanicsburg Junction to Mechanicsburg. Controlled by the IHinvis Traction Co. CaPiTAL S'rock, outstanding, $1,100,000. FunpED Dexr.—First mortgage 5 p. c. gold coupon bonds, author- ized, $2,000,000, outstanding, $1,469,000; dated Dec. 1, 1903, due Dec. 1, 1933; denom. $1,000; int. payable June and Dec., at City Trust Co., Boston, Mass., trustee. Subject to call on any interest date, on 60 days notice, at 107% and interest. Sinking fund of 1o p.c. of net earn- ings, but not less than r p.c. of bonds outstanding, began Dec. 1, 1908. $84,000 in sinking fund. Guaranteed by Illinois Traction Co. Temporary general mortgage 5 and 6 p.c. bonds, issued $746,000; due 1929 and 1931. TRACK AND EQuIPMEN'T,—Miles of track (electric), 40; 9 passenger motor and 3 passenger trail cars, 2 freight motor and 46 freight trail cars, 2 service cars. GENERAL Orrice, Decatur, Ill.; power station, Riverton. ST. LOUIS, SPRINGFIELD & PEORIA RAILROAD.—In- corporated Dec. 1, 1909, and absorbed the St. Louis & Springfield Ry. Co., St. Louis & Staunton Ry. Co., Tri-City Traction Co. and St. Louis & Northeastern Ry. Co. Line extends from Venice, opposite St. Louis, northward to Bloomington and Peoria via Springfield, with a branch line from Staunton to Hillsboro. Controlled by the Illinois Traction Co, All bonds of the consolidated properties, with the ex- ception of $445,000 of St. Louis & Springfield Ry. bonds, have been exchanged for stock and bonds of this company. For 205 miles the main line right of way, averaging 65 feet in width, is owned in fee and operated under the steam railroad law of Illinois. The right to so operate is therefore perpetual. About 16 miles, in cities and towns, is operated under franchises, the shortest of which runs I4 years beyond 1939. Purchased Apr. 1, 1912, the property of the Peoria, Bloomington & Champaign Traction Co., the Peoria, Lincoln & Spring- field Traction Co. and the Terminal PowerCo. On Nov. I, 1913, pur- chased the property of the Springfield & Northeastern Traction Co. CapPITAL Stock.—Common, authorized and outstanding, $6,000, - 000; preferred, authorized and outstanding, $2,572,000; par $roo, Funpep Desr.—First and refunding 5 p. c. gold coupon and registered bonds, authorized $15,000,000, outstanding $4,653,000; dated Dec. 1, 1909, due Dec. 1, 1939; denom. $1,000; int. payable June and Dec. in Chicago or New York; redeemable at 105 on any interest date: Illinois Trust & Savings Bank, Chicago, trustee; $435,000 bonds reserved to retire first mortgage bonds of the St. Louis & Springfield Ry. Co. now outstanding ; $280,000 to retire bonds of Peoria, Bloomington & Champaign Traction Co. outstanding; $145,000 to replace bonds of Springfield & Northeastern Traction Co. outstanding; $2,688,000 to replace general mortgage bonds that may be issued for various purposes; $500,000 to be issued for 80 p. c. of construction upon consent of N. W. Halsey & Co.; $6,299,000 to be used for 80 p. c. of improvements to property now owned and property to be acquired when gross earnings for preceding 12 months are five times and net earnings one and three-quarters the interest charges on all bonds outstanding and those to be issued. Guaranteed principal and interest by the Illinois Traction Co. Principal of $880,000 bonds offered for sale in 1912, payable at London Joint Stock Bank, Ltd., in sterling at rate of £205 gs. 7d. per $1,000 bond. General mortgage 5 p. c. bonds, authorized $15,000,000, out- standing $4,157,000; coupon and registered; denom. $1,000; dated Dec. 1, 1909, due Dec. 1, 1939; int. Jan. and July at Merchants’ Bank of Canada, New York. Central Trust Co. of Illinois, trustee. St. Louis & Springfield Ry. first mortgage 5 p.c. gold bonds, authorized $2,250,000, outstanding $451,000, $86,000 of which are in the sinking fund; coupon or registered; dated Dec. 1, 1903, due Dec. I, 1933; denom. $1,000; int. June and Dec. at City Trust Co., Boston, trustee. Sinking fund of ro p.c. of net earnings commenced Dec. I, 1908. Subject to call on any interest date, on 60 days’ notice, at 107% and interest. Guaranteed by Illinois Traction Co. Springfield & Northeastern Traction Co, first mortgage 5 p.c. gold bonds, authorized, $1,500,000; outstanding, $145,000; coupon, but may be registered; dated 1906, due Dec. 1, 1936; denom. $1,000 ; int. payable June and Dec. at agency of Merchants Bank of Canada in New York. Central Trust Co. of Illinois trustee. Bonds are guar- anteed, principal and interest, by endorsement of the Mlinois Traction Co. Subject to call on any interest date on four weeks’ notice at 105. Peoria, Bloomington & Champaign Traction Co., first mortgage 5 p. c. bonds, authorized $3,000,000, outstanding $280,000; dated Nov. 1, 1906, due Nov. I, 1936; denom. $1,000; int. payable May and Nov. at Central Trust Co., Chicago IIl., trustee; bonds are guaranteed, principal and interest, by the Illinois Traction Co. Subject to call on 30 days’ notice at 105 and interest. COMBINED EARNINGS OF COMPANIES CONTROLLED. Year ended Dec. 31, 1913. Gross CarningS.... see eee eee cere teeter ee te eens cesee $1,397,231 Operating expenses, taxes and rentals. ....... ss. eeeee ee 879,878 Net income.....-eeeec cece e cece ere e ee teen et eee ees 517,383 Interest On DONdS...+-. cere eee eee e eee e eee tee eens 439,284 Balance, SUIPIUS. .. 6.0... cere eee etree tee nett eens 78,069 TRACK AND EquipMent.—Miles of main line, 223, of which 2.29 operated under trackage rights; 39 passenger motor and 18 passenger trail cars; 24 freight motor and 464 freight trail cars. i STERLING. Population in rgoo, 6,309; in 1910, 7,467. STERLING, DIXON & EASTERN ELECTRIC RAILWAY CO.—Charter granted Aug. 23, 1902, for 50 years; franchises granted Sept. 14, 1903, for 50 years. Commenced operation in May, 1904. Controlled by the Illinois Northern Utilities Co. CariraL Stock, authorized and issued, $300 000. Funpep Desr.—First and refunding mortgage 5 p.c. gold coupon bonds, authorized $2,000,000, outstanding $432,000; dated May I, 1912, due Apr. 1, 1957; denom. $1,000; int. payable Apr. and Oct. at Illi- nois Trust & Saving Bank, Chicago, trustee. TRACK AND EquipMENT.—Miles of track (electric), 18; 10 motor cars, 6 trail cars, 1 express car, I steam locomotive. Orricers.—Pres. Samuel Insull; V. Pres. Martin J. Insull; V. Pres. & Gen. Mgr. E. D. Alexander; Sec. & Treas. John H. Gulick; Asst. Sec. & Asst. Treas. L. E. Jacobson. Direcrors.—Samuel Insull, Martin J. Insull, Geo. Williamson, E. D. Alexander, Geo. Otis Spencer, John H. Gulick, W. A. Fox. GENERAL OFFICE AND REPAIR SHOP, Dixon, III. STREATOR. Population in 1910, 14,253. ILLINOIS LIGHT & TRACTION CO.—Incorporated in Illinois in 1913, and operates the electric railway system in Streator, Ill., formerly operated by the Public Service Company of Northern Illinois. Buys power from Public Service Co. of Northern Illinois. TRACK AND EquipMENT.—Miles of track, 10.5; I4 cars. Orricrers.—Pres. Geo. H. Lukes, Chicago, Ill.; V. Pres. J. M. Strasser, Joliet, Ill.; Sec. & Treas. A. Sandiford, Joliet, 11l.; Local Supt. C. R. Laub, Streator, II. GENERAL OFFICE, 137 S. LaSalle St., Chicago, II. TAYLORVILLE. Population in 1910, 5,446. TAYLORVILLE RAILWAY, LIGHT, HEAT & POWER CO. —Controlled by the Central Illinois Public Service Co. Track AND EquipMENT.—Miles of track, 3.71; 4 motor cars, I service car, Orricers.—Pres. M. E. Sampsell; V. Pres. F. S. Peabody; Sec. & Treas. R. B. Donnelley; Audr. P. A. Erlach; Supt. Rys. W. M. Brown, Mattoon, Ill.; Supt. Transpt. G. E. McCurdy, Taylorviile, Ill.; Pur. Agt. D. R. Truax; Ch. Engr. A. J. Authenreith; Mast. Mech. M. W. Storms, all of Mattoon, II. GENERAL OFFICE, POWER STATION toon, Ill. AND REPAIR SHops, Mat- URBANA. Population in 1gto0, 8,245. Kankakee & Urbana Traction Co.—Connects Urbana, Cham- paign, Thomasboro, Rantoul, Ludlow, and extension to Paxton (10 miles) under construction. TRACK AND EQUIPMENT.—Miles of track (operating), 15. Orricers.—Pres. Geo. M. Bennett; V. Pres. & Gen. Mgr. W. I. Saffell; Sec. C. N. Clark; Treas. G. H. Baker; Gen. Supt. T. W. Shelton. GENERAL OrFicg, 106 N. Market St., Urbana, IIl. INDIANA. ANDERSON. Population in 1900, 20,178; in 1910, 22,476. Union Traction Co. of Indiana.—Incorporated in Indiana May 13, 1912, as a consolidation of the Union Traction Co. of Indiana (incorporated May 28, 1903) and Indiana Union Traction Co. (incor- porated June 9, 1903). Operates the city lines in Anderson, Marion, Muncie and Elwood, and interurban lines connecting the foregoing, and also Wabash, Logansport, Peru, Kokomo, Tipton, Noblesville, New Castle, Alexandria, Bluffton, Union City, Middletown and other cities and towns with Indianapolis. Inthe consolidation the holder of each share of stock of the Indiana Union Traction Co. received $40 in common stock of the new company. The holder of each share of pre- ferred stock of the old Union Traction Co. of Indiana received one share of first preferred stock of the new company. The holder of each share of common stock of the old Union Traction Co, of Indiana received $40 in second preferred and $40 in common stock of the new company. Leased on Oct. 25, 1912, the Indianapolis, New Castle & Eastern Traction Co. for 999 years. Rental covers interest on bonds, also dividends on the 5 p.c. preferred stock, payable 2% p. c. semi- annually on June 1 and Dec. 1, beginning Dec. 1, 1912, and dividends on common stock as follows: % of £ p.c, each on Apr. 30 and Oct, 31, 1913 and .1914, I p.c. on said dates in 1915 and 1916, 1% p.c. in 1917 to 1920, and 2 p. c, semi-annually thereafter; also $500 yearly for organization expenses. GS McGRAW ELECTRIC RAILWAY MANUAL INDIANA 2 Pontiacy 2 Royall Oaky Iac H I 4G AN Jackson bs el LAKE N \ MICHIGAN Carpenters- \\ WN ville \\ \\ i Z AS , v _ Port GN Va. e. Y |) Rensselaer \p O-5 Fairmoun Summitvi U. TC i 8, \ ba 3 5 “CvijeNy Lancaster Crooksviile \ . AY ‘Athens Hamden Je. West}Baden,, Frenghlick 9 9 Patoka \) Princeto abies ee TRACTION! Louisvill¢ ee ( MAP OF i) ! "© Bogtlville Soe UNION TRACTION CO. or INDIANA ~ p Richlan; at Versailles and its ay, ee: K E i. TU Cc K Y oF notaavale ELECTRIC anp STEAM ROAD conneECTIONS GN “8 SCALE OF STATUTE MILES UNION TRACTION CO. OF INDIANA:......... . — Wiel eee ee Other Electric Lines: . fnihet 46 MILES TO THE INCH ** uuder construction =» Steam Railroads: ......... THE MATTHEWS-NORTHRUP WORKS, BUFFALO, N Y. INDIANA McGRAW ELECTRIC CarrraL Srock.—Common, authorized and outstanding, $5,000,- 000; first preferred 5 p. cv. cumulative, payable semi-annually, Apr. and Oct., authorized and outstanding, $1,000,000; second preferred, authorized and outstanding, $3,000,000. First preferred stock is entitled in preference to second preferred and common stock to 5p.c. cumulative dividend, payable semi-annually, Apr. and Oct. Second preferred stock is entitled in preference to the common stock to the payment of 6 p.c. per annum, cumulative at the following rates. 1 p. c. semi-annually, Jan. and July ro, in 1913; 1% p.c. semi-annually in 1ol4 and 1915; 2 p.c. semi-annually in 1916 and Jan., 1917; 2% p.c. in July, 1917, and Jan., 1918, and 3 p. c. semi-annually in July, 1918, and thereafter. Dividend on second preferred not paid since July, 1gt2. Funpvep Dexsr.—Indiana Union Traction Co.’s first mortgage 5 p. c. gold bonds, authorized $5,000,000, issued $1,620,000, outstand- ing $1,366,000; dated July 1, 1903, due July 1, 1933; int. payable Apr. and Oct. at office of Girard Trust Co., Philadelphia, Pa., trustee; subject to call at 105 and interest. Under terms of consolidation agree- ment of May 13, 1912, no more of these bonds to be issued; sinking fund of 1% p.c. per annum of outstanding bonds; $254,000 bonds have been retired through the sinking fund. Union Traction Co. of Indiana first general mortgage 5 p.c. | gold bonds, authorized $5,000,000, outstanding $4,573,000, balance re- served to retire underlying bonds at maturity; coupon, but may be registered; dated July 1, 1899, due July 1, 1919; denom. $1,000; int. payable Jan. and July at Equitable Trust Company of New York, trustee. Citizens’ Street Ry. Co.’s first mortgage 6 p.c. gold sinking fund bonds, authorized $250,000, outstanding $91,500; coupon, but may be registered; dated Dec.1, 1897, due Dec. 1, 1927: denom. $500 and $1,000, int. payable June and Dec. at Guarantee ‘Trust & Safe Deposit Co., of Philadelphia, trustee of mortgage. Marion City Ry. Co.'s first mortgage 6 p. c. gold bonds, authorized $400,000, outstanding $333,000; dated May 1, 1895, due May I, 1915; denom. $1,000; int. payable May and Nov. at Equit- able Trust Co. of New York, trustee. Indianapolis Northern ‘Traction Co.’s first mortgage 5 p. tc. gold coupon and registered bonds, authorized and issued $5,000,000; dated July 1, 1902, due July 1, 1932; denom. $1,000; int. payable Jan. and July, at office of Equitable Trust Co. of New York, trustee. Guaranteed, principal and interest, by Union Traction Co. of Indiana. Indiana Northern Traction Co.’s first mortgage 5 p. c. gold bonds, authorized and issued, $500,000; dated Oct. I, 1903, due 1933: int. payable Apr. and Oct. at Trenton Trust & Safe Deposit Co.; principal and interest guaranceed by Indiana Union Traction Co. i Muncie & Union City Traction Co.’s first mortgage 5 p. c. gold bonds, authorized and issued, $925,000; dated June 30, 1906, due July I, 1936; int. payable Jan. and July at office of Fidelity Trust Co., Philadelphia, Pa., trustee of mortgage; principal and interest guaran- teed by Indiana Union Traction Co. Guarantee of interest on $950,000 5 p.c. gold bonds of The Muncie, Hartford & Fort Wayne Ry. Co., dated Dec. 31, 1904, due Jan. 1, 1935; int. payable Jan. and July at Guardian Savings & Trust Co., Cleveland, O., trustee. Guarantee of interest on £43,000 5 p. c. first mortgage bonds of Broad Ripple Natatorium Co., due Mar. 1, 1931; int. payable Mar. and Sept. at Security Trust Co., Indianapolis, Ind., trustee. OrERATION.— Year ending, Dec. 31, *IgIl. *Ig12, 1913. Gross earningS.....0-... cece eeeee $2,295,798 $2308,649 $2,466,832 Operating expenses.......... oe eee 1,253,593 1,335,841 1,482,717 Net earnings. ...-+6+ ee eee eens 1,042,205 972,808 984,115 Deductions (bond and other in- 765,701 858,858 terest, discount and rentals)... - +748,582 TAKES ven sgcnaxe oan eblane, Se Sa ee 88,613 102,360 OthePincOMes : ——<——) — ee SS iY { == “ Ea aN erLoullTeg ~30N Ny v “Tl 27> Y= Tos aww qt ; ¥ SSS SB 9 SS ee co 99 &, SS eh on, Cie, “ag TA 00Rg, 2 \ Og; edazoyjzo[e No eB TAT Te H Oe Guy Ly Oo, 0839, 04, 4 Se = , SB ele 2 z onda gy 8 ; lS a8 Woz10ATeD 75 | |< FNOLS3 uci a = 3 “Ts yusaad 5 *s fo ir an a] I aN TLUON NL—2Y cro oure J IFA \ DAS eee FA iii ‘ luisa) 2] Scents fried & PRN Vita Xe SHEET Aarts con er KP ony + es * e, LOSPUE AA 5 Oy ‘oy 2, ZL 2 TH GINYd \% yaeg oY 43> “4% A[rssS] ee UMY sw oN Tae i oxen ysoto gz WS a MBTPOOAA ~ OT [LAuopa SA A[IOAR } g Sh w YA TIpAuopaey /d T MA “Semel Ay a oI oe Heo uaskay a ON, OINN ‘< “aS eTAAuoqjay 4 Ke, \uepdue x ° ae S rN oisatjayaw/2 aos MOTATION OTTTABaney 2 pasa UOPSUTpIW s : ‘S x i? > 9SOAA BIALLS [OM / Sa a\ » fe 4 Y 3 SEN S © o XS uoyraeyy £2 A, > 3 an ed] 19AQO (S suvao 4, s . D js % a oorpary a opaxny, " a fe “gay AVIS» DS atts N mos Sarqse AAI S s 2 ospusp, CLAS A Uae e z , ‘ o Ss oprsoye'y S31IW 40 31v08 : 3 puelor ore ‘ ° %, AYONILIVA FO 3} dX ez, 09 DINLOATA B i Se SAVAM TIVE CALINA s NS, oy} yo dew Yoo PAO. GP LN % % NEO ONG ° < RAILWAY MANUAL MaryLaNpD 100 McGRAW ELECTRIC OpeRATION.—Year end. Dec. 31, — rgrr. IQI2. 1913. Revenue from operation.......... 38,025,755 $8,454,027 $8,912,986 o from other sources...... 117,462 133,506 Total operating revenue.......... 8,571,489 9,046,492 Conduct. transportation....... 1,590,960 2,339,309. 2,557,695 General expenses............. 741,760 676,297 706,499 ‘Prame Expenses: cee ees ce ca 9,356 8,722 Motive power................ 590,528 Maintenance of way X struct... 330,920 432,528 456,033 ia “equipment.... 426,92 411,386 417,482 Total operating expenses.......... 3,681,093 3,868,876 4,146,431 Gross income less operating exps.. 4,344,665 4,702,813 4,900,061 Income, other sources............ 2,640 5.515 6,945 Otaleescuninatdeseann nt mee sen os 4,347,305 4,708,328 4,907,006 Interest on bonds............ 2,095,775 2,133,959 2,050,305 TANES!o.2 ee nsokiceed ea. asohs ie 725.559 796,076 866,229 RG rital Scie ciuaiy sccetiewc ce aiinadas 8,052 7,658 75735 Interest on car trust certificates. 30,300 4,813 3,063 Interest and discount......... 1,909 137 NEC INCOME! son cue veesetvenoeiieietaars 1,487,619 1,763,713 1,979,537 Rental acct. sink. fund M. E. Rys.. 60,000 60,000 ae Extraordinary expenditures....... 450,944 35,056 37,950 Int. on income bonds and dividends on preferred stock. ...........0. 560,000 560,000 560,000 Interest on common stock......... 791,302 Depreciation i..cc0eveeecec.easnas 428,575 Balance, surplus................. 416,675 677,082 § 30,225 P. c. oper. expenses to earnings... 45.87 fs Td. 45.83 STATISTICS OF TRAFFIC. Year ending Dec. 31, III. 1gI2. 1913. Revenue passengers carried....161,467,727 172,233,341 182,180,767 Transfers i eas tt ae, Seton tay 64,643,636 69,344,828 74,634,030 Car miles Un: «65 acess ares aseinecs 28,698,339 29,472,537 30,203,185 Total receipts per car mile..... $.2797 $.2995 Oper. expenses per car mile... -1283 -1373 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES, Cost of road & equip. .$70,541,459 Capital stock.........$20,438,200 Stocks & bonds owned. 122,577 Funded debt......... 42,002,900 Casheeces sie segs & 4 448,913 Income bonds........ 13,976,000 Notes receivable...... 627,163 Accounts payable..... 105,199 Accounts receivable. . 45,307 Outstanding tickets... 17,328 Accounts recv., State Accrued interest...... 535,307 Roads Comm...... 56,002 Accrued taxes........ 174,869 Supplies and coal..... 327,231 Deferred liabilities... 4,581,074 Bonds............ 2,173,000 Profit and loss(surp.). 1,019,024 Deferred assets ...... 8,508,249 WeOtal sich ccneaer ivan $82,849,901 Total svecessekwsaad $82,849,901 TRACK AND EQUIPMENT.—Miles of track (electric), 403.3 ; 1,915 cars, of which 242 are of the pay-as-you-enter type. Orricers.—Pres. Wm. A. House; V. Pres. Frank A. Furst; 2d V. Pres, & Gen. Mgr. Thos. A. Cross; Asst. Gen. Mgr. Jas. R. Pratt, Gen. Counsel, J. C. France; Sec. Wm. Early; Asst. Sec. J. P. Tingle; Actg. Treas. J. T. Staub: Audr. N. E. Stubbs; Asst. Audr. H. M. Grafton; Supt. Trans. W. C. Ludwig; Pur.Agt. Wm. H.Staub; Consltg. Engr. J. M. Hood, Jr., Baltimore, Md.; Ch. Engr. Calvin Whiteley, Jr.; Asst. Ch. Engr. Chester F. Gailor; Consltg. Engr. L. B. Stilwell; Supt. Rolling Stk. & Shops, A. T. Clark; Supt. Motive Pwr. A. Wolff. Direcrors.—Alexander Brown, Frank A. Furst, Wm. A. House, Henry A. Orrick, Geo. C. Jenkins, Seymour Mandelbaum, H. C. Black, Francis E. Waters, B. Howell Griswold, Jr., John B. Ram- say, Douglas H. Thomas. GENERAL OFFICE, Continental Trust Building, Baltimore, Md.; power stations, Pratt St., Light St., Owings Mills and Bay Shore; sub-stations, Druid Hill Ave., Nunnery Lane, Eastern Ave., Harford Road and Central; repair shops, Columbia Ave., opposite Carroll Park. For map of road, see page 99. BALTIMORE, HALETHORPE & ELKRIDGE RAILWAY CO.—Incorporated Dec. 26, 1905, in Maryland. Connects Baltimore and Halethorpe and is operated by the United Rys. & Electric Co. CAPITAL STOCK, authorized, $100,000, issued, $10,000. FunpeD Dest.—First mortgage 20 year 5 p. c. bonds, authorized, $300,000; none outstanding; principal and int. payable at Alex. Brown & Sons, Baltimore; Fidelity Trust Co., Baltimore, Md., trustee. Track AND EQuipMENT.—Miles of track (electric), 2.964; cars furnished by United Rys. & Electric Co. BALTIMORE, SPARROWS POINT & CHESAPEAKE RAIL- WAY.—In Jan., 1903, was leased for 999 years to the United Railways & Electric Co., which owns all the stock. Connects Baltimore and. Sparrows Point and extends along the shore of Chesapeake Bay. CAPITAL S1Tock, authorized $2,000,000, outstanding $400,000. 'Funpep Desr.—First mortgage 4% p.c. gold coupon or regis- tered bonds, authorized and outstanding, $2,000,000; dated 1903, due Feb. 1, 1953; int. Feb. and Aug. at Alex. Brown & Sons, Baltimore; Fidelity ‘Trust Co., Baltimore, trustee. Track.—Miles of track (electric), 37. Orrick, Continental Trust Bldg., Baltimore, Md. THE LORRAINE ELECTRIC RAILWAY.—Incorporated Apr. 25, 1906. Operates between Hillsdale and Lorraine Cemetery. The road was opened for traffic Oct. 12, 1907, and is an extension of the United Railways’ North Avenue line. CapiraL Srock, authorized, $25,000. TRACK AND EQquipMENT.—Miles of track (electric), 1.5; 3 cars. Orricers.—Pres. M. S. Griffith, 205 N. Paca St.; V. Pres. & Gen. Mgr. F. P. Bennett, 206 Union Trust Bldg. OFFICE, 912 Union Trust Bldg., Baltimore, Md. The Maryland Electric Railways Co.—Formed in 1906 by consolidation of the Baltimore & Annapolis Short Line R. R. Co. and the Maryland Electric Ry. Co. The former was electrified and is operated separately. It extends from Annapolis, Md., to Westport, Md., and thence over separate tracks on the Baltimore & Ohio right of way into Camden Station, Baltimore, Md. Shortly after the consoli- dation the company authorized an issue of $8,000,000 first mortgage 5 p. c. bonds to purchase and construct property, including terminal stations, power sub-stations, equipment, extensions, etc., all of which are leased to the United Rys. & Electric Co. atan annual rental net- ting the Maryland Electric Rys. Co. 6 p. c. of the actual cost. The Maryland Public Service Commission has authorized the issue of $153,000 car trust one to ten year 6 p. c. bonds. CapPiraL Srock, authorized and outstanding, $1,200,000; par $50. DivipENps.—Initial dividend paid in 1907, Jan.,1% p.c., July, 2p.c.; in 190, 2 p. c.; none since to Jan., IgI4. FuNDED Dest. — First mortgage 5 p. cv. gold coupon bonds, author- ized $8,000,000, outstanding $4,000,000; dated Oct. 1, 1906, due Oct. I, 1931; denom. $1,000; int. payable Apr. and Oct. at Alex. Brown & Sons. Mercantile Trust & Deposit Co., Baltimore, trustee. Sink- ing fund of 1% p.c. of bonds outstanding began Oct. 1, 1909. Re- deemable at 110 and int. on any int. date upon go days’ notice. Baltimore & Annapolis Short Line first mortgage 5 p.c. gold bonds, authorized and outstanding, $1,000,000; dated 1906, due Aug. I, 1946; int. payable Feb. and Aug. at Alex. Brown & Sons, Balti- more. Fidelity Trust Co., Baltimore, trustee. TRACK AND EQUIPMENT.—Miles of track, 25.3; 12 motor cars. Orricers.—Pres. J.W. Brown, Baltimore, Md.; V. Pres. C. Loomis Allen, Sec. Austin McLanahan, Baltimore, Md.; Treas. Geo. May, Baltimore, Md.; Audr. G. S. Storrs, Annapolis, Md.; Gen. Mgr. Talmadge C. Cherry, Annapolis, Md.; Elecl. Engr. D. E. Crouse, Annapolis, Md.; Gen. Ticket & Fgt. Agt. H. Scott Arnold, Annapolis, Md. Dixecrors.—John Wilson Brown, Austin McLanahan, Frank S. Revell, Talmadge C. Cherry, T. Edw. Hambleton, George May and C. Loomis Allen. GENERAL OFrice, Annapolis, Md. Baltimore & Ohio Railroad Co.—This is a steam railroad company, which operates 8.4 miles of its track in Baltimore by electricity. Annual meeting third Monday in Nov. TRACK AND EquipMeNnt.—Miles operated by electricity, 8.4; elec- tric locomotives, 13. Length of electrified zone, 3.7 miles. Orricers.—Pres. Daniel Willard; 1st V. Pres. Geo. F. Randolph; 2d V. Pres. Geo. M. Shriver; 3rd V. Pres. A. W. Thompson; 4th V. Pres. & Treas. J. V. McNeal; Sec. C. W. Woolford; Compt. J. T. Leary; Gen. Mgr. C. W. Galloway; Pur. Agt. E. H. Bankard; Elecl. Engr. J. H. Davis. Directors.—Chairman, O. G. Murray; E. R. Bacon, Chas. A. Peabody; R. B. Keyser, L. F. Loree, R. S, Lovett, Robert Garrett, N. B. Ream, James Speyer, James Stillman, John G. Shedd, Paul M. Warburg. GENERAL Orrice, B. & O. Bldg., Baltimore, Md. Se Washington, Baltimore & Annapolis Electric Railroad Co.—Incorporated in Maryland in 1905 as the Baltimore Terminal Co., and on Mar. 31, I9t1, by amendment to its charter, changed its name to Washington, Baltimore & Annapolis Electric Railroad Co., changed the terminal of the line and increased and reclassified its capital stock. On Mar. 31, 1gt1, all the property, franchises, etc., of the Washington, Baltimore & Annapolis Electric Railway Co. were sold at foreclosure sale, and on Mar. 31, 1911, all the property, rights and franchises thus purchased were conveyed to the Washington, Baltimore & Annapolis Electric R. R. Co, Operates between Washington and Baltimore, with a line from Washington and Baltimore to Annapolis. Hasa trafficagreement with the Washington Railway & Electric Co. by which it enters that city Has its own terminal and entrance into Baltimore. In 1906 the Baltimore Terminal. Co. was organized to furnish entrance into the latter city and was put in operation on Apr. 3, 1908. Annual meeting last Monday in Mar. MaryLANnp McGRAW ELECTRIC RAILWAY MANUAL J01 CapiraL Stock.—Common, authorized and outstanding $3,000,- 000; preferred 6 p. c. non-cumulative, authorized $2,500,000, outstand- ing $1,455,450; par value, $50; redeemable at any time at 110. Common stock was deposited until Apr. 1, 1914, with a management committee consisting of Geo. T. Bishop, Geo. R. Sheldon and Frank H. Ginn. Divipenpds.—In 1912, Oct., initial dividend, 14 p.c. on preferred stock; Dec., 4% p. c.; in 1913, 6 p.c. FunpbEep Dresr.—First mortgage 5 p. c. gold bonds, authorized $7,500,000, outstanding $4,738,000, of which $262,000 certified bonds, owned by the company, are in its treasury; coupon or registered; dated Mar. I, Ig11, due Mar. 1, 1941; denom. $1,000; int. payable Mar. and Sept. at Cleveland Trust Co., Cleveland, O., trustee, or Safe Deposit & Trust Co., Baltimore, Md. Callable at 105 at any interest period: Unissued bonds are issuable for additions, better- ments, etc., on the basis of 80 p. c. of their cost; secured on entire property owned, OPERATION.—g mos. ended Dec. 31, —Yr.end. Dec,31I~ Igtt. IQT2. 1913. Gross revenue from passengers........ $510,834 $729,562 a “ ‘* freight andexpress 39,640 90,942 ay i ‘* other sources..... 5.427 11,436 Total gross revenue.................05 555,901 $778,287 831,940 General expenses................22+.. 50,776 62,630 Operation of Cars.........0.. ccc eee eee 148,284 249,439 ED ARIG: Ssh ch ty Bais estos we ecauagas a csceeanteesanaatias dood 11,595 24,948 Maintenance of way and Structures.... 35,955 61,685 " “equipments... ss sac 15,348 24,924 Total operating expenses.............. 261,958 388,956 423,626 Net revienwese:rs come Sadness 293,943 389,331 408,314 All other income........ 0... 0.00 caeees 2,190 6,306 10,896 Total income....................2..-. 296,133 395,637 419,210 Interest on tunded debt........... 179,108 t Suet 240,554 FARES hhc 's whe iss GAME IAS Sarees Hoe es eek 21,370 71,53 37,387 OCCT GS ou che o ed oe b os ba kee dee 11,649 SUPpLUs HOP eaT see 0: eda. «ae csosscerevapeveroeecers 95,655 124,101 129,620 Operating expenses p.c. of earnings... 47.12 50.92 STATISTICS OF TRAFFIC. --Yr.end. Dec. 31, 9 mos. ended Dec. 31, IgII. IgI2. 1913. Fare passengers carried............. 1,239,333 1,703,409 1,969,321 Car miles run (passenger)........... 1,458,677 2,070,289 2,066,923 ” a “ (freight, exp. and mail) 71,664 111,328 305,002 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road and equip.$9,405,785 Capital stock... ......$4.455,450 Securities owned...... 118,400 Funded debt.......... 5,000,000 Supply accounts....... 17,190 Current liabilities...... 169,318 Cashed vgn cet ake g,261 Accrued accounts..... 83,916 Unadjusted accounts... 16,624 Reservesé ii... sscucanes 75,054 Company's bonds in Deferred credit items. . 335 treasury (217)....... 217,000 Profitand loss (surplus) 174,583 Other current assets... 91,551 Prepaid accounts...... 7.792 Special deposits....... 75,653 WOtal goniastia Soe eitied ford $9,959,256 TOtalvicewss eanivecess 2 $O3959,256 Track AND EquipmMent.—Miles of track (electric), 111.393; 28 passenger motor, 13 combination motor and 7 freight motor cars, 27 service cars. OrrFicers.—Pres. Geo. T. Bishop, Baltimore, Md.; V. Pres. F. H. Ginn, Cleveland, O.; Gen. Mgr. J. J. Doyle; Sec. Geo. Weems Will- iams, Baltimore, Md.; Asst. Sec. H. B. Abels, Cleveland, O.; Treas. Geo. A. Craig, Baltimore, Md.; Asst. Treas. R. E. Town; Audr. W. H. Wright; Gen. Fgt. & Pass. Agt. M. A. Tatum, Baltimore, Md.; Train-master, Carson Schumacher, Naval Academy Jct., Md. Directors.—Geo. T. Bishop, Baltimore, Md.; Frank H. Ginn, Cleveland, O.; Geo. A. Craig, Geo. Weems Williams and J. J. Doyle, of Baltimore, Md.: Geo. R. Sheldon, New York City; C. S. Eaton, Cleveland, O. GENERAL OFFice, 108 North Liberty St., Baltimore, Md. BEL-AIR. Population in 1910, 1,005. The Baltimore & Bel-Air Electric Railway Co.—Chartered in 1903. Has traffic agreement with United Rys. & Electric Co. of Baltimore to enter Baltimore with both passengers and freight. Anuvual meeting third Monday in Sept. CAPITAL STOCK, authorized $500,000, outstanding $46,500. Funpep Dest.—First mortgage 5 p. c. gold bonds, authorized $500,000; dated 1904, due 1934. Track AND Equipment.—Miles of track (in operation), 3.25; 2 cars. Orricers.—Pres. S. A. Williams; Sec., Treas. & Gen. Mgr. H.S. O'Neill. GENERAL OrFIce, Bel-Air, Md. CUMBERLAND. Population in 1900, 17,128; in 1910, 21,839. Cumberland Electric Railway Co.—Chartered in Maryland in 1890 for 40 years. Annual meeting second Monday in July. Capira Srock, authorized and outstanding, $100,000. Funpep Dresr.—First mortgage 5 p. ¢. bonds, authorized and outstanding, $100,000; dated Apr. 1, 1903, due Apr. I, 1923; denom. $500; coupon; int. payable Apr. and Oct. at Citizens’ National Bank, Cumberland, Md. TRACK AND EQUIPMENT.—Miles of track, 7.5; 24 cars. OrFicers.—Pres. G. L. Wellington; V. Pres. Jas. A. McHenry; Sec. & Treas. C. G. Holzshu; Mgr., Supt. & Pur. Agt. W. M. Roberts, Jr. GENERAL Orricer, N. Centre St., Cumberland, Md. CUMBERLAND & WESTERNPORT ELECTRIC RAILWAY CO.—Incorporated in Maryland on Apr. 11, 1902, in perpetuity. An- nual meeting first Wednesday in June. Successor to the Frostburg, Eckhart & Cumberland Ry. Co.; subsequently absorbed the Lona- coning, Midland & Frostburg Ry. Co. and the Westernport & Lona- coning Ry. Co. Connects Eckhart, Frostburg, Midland, Lonaconing, Barton and Westernport. Operates over tracks of Cumberland Elec- tric Railway Co. between Cumberland and Narrows Park, 2.75 miles. Franchise perpetual. Controlled by Cities Service Co., New York. CaPIraL Sock, authorized $1,000,000, outstanding $625,000; par value, $50 per share. DivipENDs.—In 1903, Sept. I, 3 p. c.; none since. Funvep Dersr.—Frostburg, Elkhart & Cumberland Railway first mortgage 5 p.c. gold bonds, authorized $250,000, outstanding $230,000; dated June 15, 1901, due June 15, 1926; denom. $500 and $1,000; coupon, but may be registered as to principal; int. payable June and Dec. 15 at Real Estate Trust Co., Philadelphia, trustee; subject to call at 105. Lonaconing, Midland & Frostburg Railway first mortgage 5 p. c. gold bonds, authorized and outstanding, $200,000; dated June 15, 1gor, due June 15, 1926; denom. $1,000; coupon, but may be registered as to principal; int. June 15 and Dec. 15 at Real Estate Trust Co., ‘Philadelphia, trustee; subject to call at 105. Westernport & Lonaconing R. R. bonds, outstanding $225,000; dated 1903, due Jan. 15, 1928; denom. $500 and $1,000; coupon; int. Jan. 15 and July 15, at Real Estate Trust Co., Philadelphia, trustee. Passengers carried in 1913, 3,553,943. TRACK AND EQUIPMENY.— Miles of track (electric), 25; 12 passen- ger cars, 2 express cars and I other car. Orricexs.—Pres. Ferdinand Williams, Cumberland, Md.; V. Pres. J. S. Brophy, Frostburg; Sec., Treas. & Pur. Agt. D. P. Hart- zell, Cumberland, Md.; Supt. J. E. Taylor, Frostburg, Md.; Mast. Mech, D. D. Price, Frostburg, Md. Direcrors.—R. H. Koch, J. S. Brophy, H. L. Doherty, Ferdinand Williams, J. T. Edwards. GENERAL Orrice, Cor. Harrison St. and Baltimore & Ohio R. R., Cumberland, Md.; power stations, Reynolds and Clarysville; repair shops, Clarysville, Md. HAGERSTOWN. Population in 1900, 13,591; in 1910, 16,507. Hagerstown & Frederick Railway Co.—Incorporated in Maryland in April, 1913, as a consolidation of the Frederick R. R. the Frederick Gas & Electric Co., the Myersville & Catoctin Ry., the ‘Hagerstown Ry., the Hagerstown & Boonsboro R.R., Hagetstown & Myersville R.R., Hagerstown & Northern R. R. Co., and the Freder- ick & Hagerstown Power Co. ‘Connects Hagerstown and Boonsboro Myersville and Hagerstown, Hagerstown, Md., and Shady Grove, Pa. Connects at Shady Grove with the Chambersburg, Greencastle & Waynesboro Street Ry. Annual meeting fourth Friday in Jan. CaPITAL Srock.—Common, authorized and outstanding, $2,000,- ooo; preferred, 7 p. c. cumulative, authorized $1,000,000, outstanding $635,000; par $50. Funpep Desr.—First and refunding mortgage 5 p.c. gold bonds authorized $10,000,000; dated May 1, 1913, due May 1, 1943; denom. $1,000, coupon, may be registered; int. payable May and Nov. at Baltimore Trust Co., Baltimore, Md., trustee. Of the authorized amount, $1,515,000 reserved to retire prior liens, and $1,785,000 to re- tire floating debt and for improvements. Sinking fund of \ p.c semi-annually of all bonds issued begins Jan., 1919, to July, 1933; thereafter and to maturity % p. c. semi-annually. Subject to call at 105 and interest, Hagerstown Ry. Co.’s first mortgage 6 p. c. gold coupon bonds authorized and outstanding $200,000, dated Mar. 12, 1896, due May I, 1916; denom. $100, $500 and $1,000; int. payable Feb. I, May 1, Aug, 1 and Nov. rat Eavy, Lane & Co., Hagerstown, Md., trustee. Hagerstown & Northern R. R. Co.'s first mortgage 5 p. c. bonds, authorized and outstanding $200,000; cine bi ma registered; dated 1908, due Mar., 1927; denom. $100, $500 and $1,000: int. payable Feb. and Aug. at Maryland Savings & Trust Co., Hagers. town, Md.; Wm. Jennings, trustee. Subject to call in IQI7. 102 McGRAW ELECTRIC RAILWAY MANUAL MassACHUSETTS Hagerstown & Myersville Ry. Co.'s 5 p. c. bonds, authorized $125,000, outstanding $120,000; dated 1904, due 1924; int. payable Jan. and July. Hagerstown & Boonsboro Ry. Co.'s first mortgage 5 p. c. bonds, authorized and outstanding $110,000; coupon, but may be registered; dated 1902, due Feb. 1, 1922; denom. $500 and $1,000; int. payable Feb. and Aug. at Maryland Savings & Trust Co., Hagerstown, Md. Redeemable in 1912 at par. Frederick R. R Co.’s first and refunding mortgage 5 p.c. 50-year bonds, authorized $1,500,000, outstanding $190,000, reserved to retire prior liens $280,000; coupon, but may be registered; dated April 30, tg10, due Mar. 1, 1960; denom. $1,000; int. payable Mar. 1 and Sept. I at office of company. The Fidelity Trust Co., Baltimore, trustee. Frederick & Middletown Railroad’s first mortgage 5 p.c. gold coupon bonds, authorized and outstanding, $250,000; dated Dec. 1, 1905, due 1935; denom. $1,000; coupon, but may be registered; int. payable June and Dec. at the office of the Fidelity Trust Co., of Balti- more, Md., trustee. Subject to call on any interest date at 105. Frederick & Hagerstown Power Co.’s first mortgage 6 p.c. bonds, authorized and outstanding, $300,000; dated 1912, due Apr. 15, 1922. Myersville & Catoctin Ry. Co.’s first mortgage 5 p. c. bonds, authorized and outstanding, $35,000; dated 1904, due July 1, 1929. Frederick Gas & Electric Co.’s first mortgage § p. c. gold bonds, authorized $200,000, outstanding $181,500; dated July 1, 1904, due July 1, 1929; int. payable Jan. and July at West End Trust Co., Philadelphia, Pa., trustee. Guaranteed as to principal and interest by the Frederick R. R. Monocacy Valley Ry. Co.’s first mortgage 5 p. c. bonds, author- ized and outstanding, $30,000; dated 1908, due 1925; Steiner Schley and Leonard Waesche, Frederick, Md., trustees. Secured by an equal amount of bonds of the Frederick R. R. TRACK AND EQUIPMENT.—Miles of track (electric), 81; 6 double and 24 single truck passenger motor cars, of which 12 are of the prepayment type, 42 freight cars, 8 trail cars, 1 service car, 50 other cars. OFFICERS. res. Edward F. Peck; V. Prests. E. L. Coblentz and Henry Holzapfel, Jr.; Sec. V. M. Cushwa; Treas. Thos. H. Hal- ler; Asst. Sec., Asst. Treas. & Pur. Agt. C. A. Hoag; Audr. S. H. Bennett; Gen. Mgr. Wm. J. Harvie; Mast. Mech. Chas. Kershner, Hagerstown, Md. Directors.—Walter D. Willson and D. Ramacciotti, of Hagers- town; Harvey S. Bomberger, Boonsboro; David K. Cushwa, Will- iamsport; Cyrus Frank Flook, Myersville; Emery Coblentz, Middle- town; Dr. F. B. Smith, Thos. H. Haller and S. Lewis Motter, of Frederick. GENERAI. OFFICE, Public Square; power station, Security, Md.; repair shops, Summit Ave., Hagerstown, and Frederick, Md. KENSINGTON. Population in 1910, 689. Kensington Ry. Co. & Sandy Spring Ry. Co.—Chartered in 1g02 as successor to the Chevy Chase Lake & Kensington Ry. Co., which was incorporated in 1895, and sold under foreclosure; franchise perpetual. Connects Chevy Chase Lake, north terminal of Capital Traction Co.’s system and Kensington. Leases the Sandy Spring Ry. Extension to Sandy Spring, Md., is under construction. CaPITAL STock, authorized and outstanding, $25,000. FunpDED Dest.—First mortgage 5 p. c. registered gold bonds, authorized and outstanding, $15,000; dated Sept. 1, 1902, due Sept. 1, 1922; denom. $500; int. payable quarterly at Montgomery County National Bank, Rockwell, Md.; H. W. Talbot and C. W. Prettyman, trustees. Consolidated mortgage 5 p. c. gold bonds, authorized and out- standing $20,000; dated Sept, 15, 1909, due Sept. 15, 1934; denom. $500 coupon; int. payable quarterly at U. S. Trust Co., Washington, D.C.; H. W. Talbot and C. W. Prettyman, trustees. OPERATION.— Year ended July 1, 1913. Total operating revenue, $9,100; total operating expenses, $7:150; net operating revenue, $1,950; taxes, $200; operating income, $1,750; interest, $1,750. TRACK aNb EQuipMENT.— Miles of track 3 3 motor cars, I trail car, Orricers.—Pres. Chas, F. Brooke, Sandy Spring, Md., V. Pres. Allan Farquhar; Sec., Treas., Gen. Mgr. & Pur. Agt. R. H. Phillips, Washington, D. C.; Supt. Herbert Claude. DirEcrors.—Allan Farquhar, Chas. F. Prettyman, C. F. Brooke, A. E, Phillips, R. H. Phillips. GENERAL OFFICE, Kensington, Md. MASSACHUSETTS. ATHOL. Population in 1900 7,061; in 1g10, 8,536. NORTHERN MASSACHUSETTS STREET RAILWAY CO,.— Formerly the Athol & Orange Street Ry. Co., which was chartered July 1, 1894. Name changed to above Apr. 30, 1913. In Jan., 1973, absorbed the Gardner, Westminster & Fitchburg Street Ry. and Templeton Street Ry. Connects Athol, Orange, Phillipston, Temple- ton, Gardner, Winchendon, Westminster and Fitchburg. Annual meeting third Monday in Oct. Controlled by the Massachusetts Consolidated Railways, which owns all the stock. CapITAL StocK.—Common, authorized and outstanding, $350,000; preferred, 6 p. c. cumulative, authorized and outstanding, $150,000; par value, $100. FunpDep Dresr.—First and refunding mortgage 5 p.c. gold bonds, authorized $5,000,000, outstanding $255,000; dated May I, 1913, due May 1, 1943; denom. $1,000; coupon, may be registered: int. payable May and Nov. at American Trust Co., Boston, Mass., trustee. Athol & Orange Street Ry. Co. first mortgage 5 p.c. gold coupon bonds, authorized and issued, $60,000; dated Jan. 1, 1895, due Jan. 1, 1915; denom. $1,000; int. payable Jan. and July at Old Colony Trust Co., of Boston, trustee. Gardner, Westminster & Fitchburg Street Ry. Co. first mortgage 5 p.c. bonds, authorized and issued, $340,000; dated Feb. 1, 1900, due Feb. 1, 1920; denom. $1,000; int. payable Feb. and Aug. at Old Colony Trust Co., of Boston, trustee. ——Year end,——+\ OPERATION.—g mos. ending June 30, June 30, Iglo. IgIl. +IQ13. Earnings from passengers............... $26,729 $44,813 “ other SOUrces...o.scnceennnie bs 180 407 GY OSS 1 COME op2 od 4 20s c aiden G Qik Breccha,asaaaterixona 26,909 45,220 $221,037 General expenses................... 2,389 3,738 SEU a 86 5a 5 RG HHA MRA Genter a 1,513 Transportation expenses............ 10,878 } COSE Of POWE Pees suns se nee ance ene 5,266 f 14,566 Maintenance of road and buildings.. 5,624 5,062 al “ equipment........... 4,197 6,294 Operating expenses.........5.0.000- 00 28,354 31,173 157,047 Gross income less operating expenses.... *1,445 14,047 63,990 Interest on funded debt............. 3,000 3,000 4 “ floating debt........ 2... 199 220 34,705 TARES! cigs he x anon yoKiawiie- tend Sees cere 2,549 2,500 6,776 Net TMCOM Chin xis ess g saa ess Gusta maedcansusaanenean ore *7,193 8,327 22,509 DAG en Sie vse dans susinivedssheu since dere dae 5,960 5,215 13,235 SUT PIS ts ase sa aiid ceaaunle. nia caso hacen *13,153 3,112 9,274 Total surplus account................... 16,672 5,367 29,465 P. c. operating expenses to total receipts. 105.37 68.94 71.5 * Deficit. +Combined companies. TRACK AND EQUIPMENT.—Miles of track (electric), 47.57; 64 pas- senger motor cars, 17 service cars. OrrFicers.—Pres. F. E. Pierce; Clerk & Treas. D. P. Aber- crombie, Jr.; Supt. John A. Taggart; Asst. Supt. F. E. Marsh; Engr. Chas. W. Clapp. GENERAL OFFICE, Greenfield, Mass.; local office, Athol, Mass; re- pair shops, Orange, Mass. BOSTON. Population in 1900, 560,892; in 1910, 670,585. Boston Elevated Railway Co. — Chartered amended June 10, 1897) for the purpose of building an elevated railway, leasing and operating surface lines, and furnishing rapid transit. The company operates under lease the property of the West End Street Ry. Co. (which see), to which is leased the Tremont Street Subway, built by the City of Boston within its “ congested district.” Consolidation of the properties and franchises of the Boston Elevated Ry. Co. and the West End Street Ry. Co. was authorized by an act passed by the Legislature in 1911. This consolidation has been duly voted by both companies and will take effect at the expiration of the present lease on June 10, 1922. The Boston Elevated Ry. Co. will issue to the holders of West End preferred stock the Boston Elevated first preferred stock, carrying a dividend of 8 p. c., and to the holders of West End common stock second preferred stock, carrying a divi- dend of 7 p.c., the same rate as is now paid upon West End common stock, unless a special commission, which may be appointed by the Supreme Court at the request of the West End company, shall decide that a higher rate, not exceeding 8 p.c., would be fair and reasonable. The elevated railway operated in connection with the subway and with the company’s surface lines was put in operation on June 10, igor. Atlantic Avenue line opened Aug. 22, rgor. East Boston tunnel opened Dec 30, 1904. On Nov. 30, 1908, the Washington St. tunnel was opened. On Noy. 22, 1gog, the elevated extension from Dudley St. to Forest Hill was opened, and on Sept. 11, 1912, an addi- tional station at Green St. was opened. On Mar. 23 1912 the Cam- bridge Main Street subway was opened, On June I Ig12 the East Cambridge elevated extension was opened. : ; The Cambridge Main Street subway was built by and is the company. The other subways, dperated by thie Se built by the Boston Transit Commission for the City of Boston and are leased by the company. Under an act passed in I91t all the sub- way leases have been extended to July 1, 1936, and will continue thereafter until terminated by either the city or the company by two 1894 (charter years’ notice. The same act of 1911 also provided for the construc- MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 103 tion of a tunnel to Dorchester, a Boylston Street subway, and an ex- aie oe of the East Boston tunnel, leases of which have been signed y the company. Total population served, 1,083,450. Annual ti first Monday in Nov. oe nent oe Carita Srock, authorized, $23,950,000; outstanding, $23,879,400; par value, $100 per share. DivipENDs.—First dividend of 21/ id A oi 5 234 Pp. Cc. pai ug. 15, 1898; in 1899, 5 P. ¢.; In 1900, 4% p. ¢.; in 1901, 534 p. c.; 1902 to 1913, inclusive, 6 p. c.; in 1gr4, Feb., 2 p. c. FuNnDED Depr.-- 50-year 4 p. v. gold debenture bonds, authorized and outstanding, $8,500,000; coupon, $500; registered, $1,000, $5,000, $10,000 and $50,000; dated Apr. 1, 1905, due May I, 1935. 30-year 414 p. c. gold debenture bonds, outstanding, $4,800,000; coupon, $1,000; registered, $1,000, $5,000, $10,000 and $50,000; dated Oct. 1, 1907, due Oct. 1, 1937. 30-year 4% p. c. gold debenture bonds, outstanding $5.000,000; coupon, $1,000; registered, $1,000, $5,000, $10,000 and $50,000; dated Nov. 1, 1911, due Nov. 1, 1941. 30-year 5 p.c. gold debenture bonds, outstanding $4,000,000; coupon (may be registered as to principal), $500 and $1,000; registered, $1,000, $5,000, $10,000 and $50,000; dated Dec. 1, 1912, due Dec. 1, 1942. he funded indebtedness of the West End Street Ry. Co., in- terest on which forms part of the rental of the latter, is $18,871,000. For details see West Find Street Ry. Co. OVvERATION.— Year ended June 30, IgII. IgI2. 1913. Gross revenue from passengers.$15,227,984 $15,491,052 $16,289,919 Receipts from mail cars........ 37,290 36,773 37,098 a HONTS: ie eueieitaenwnte a-orekce 46,193 49,781 65,575 Rental of real estate........... 106,652 103,347 110,188 AAVertiSINg ccd vaddn Hee redieds 187,819 194,886 212,308 Interest on deposits............ 39,070 52,508 50,419 Miscellaneous................. 54,208 97,667 168,680 Inc.accd.& chgd. to const. acct. . 281,492 496,527 34,141 Gross income.............. .05 15,980,708 16,522,541 16,968,328 General expenses.......... 1,645,023 1,857,126 1,773,597 Maint. track and buildings. 1,556,163 1,593,014 1,761,843 ee dual Davao apsdantenenes 1,269,898 1,428,575 1,232,656 oad and snow expenses. } Transportation ce f 5,647,980 6,097,919 6,317,485 Operating expenses............ 10,119,064 10,976,634 11,135,581 Gross income less oper. expns.. 5,861,644 5,545,907 5,832,747 Interest on bds. W. EF. Ry.. 716,180 725,593 702,610 Taxes Bc ae 662,261 613,83) 610,218 ‘* Boston Elevated..... 437,462 454,759 376,462 Rentls (pd. as div. tolessors) 1,368,028 1,396,890 1,402,149 Subway rental*............ 185,305 185,740 188,063 Wash. Street Tunnel rental. 324,000 340,500 370,256 Comp. and inc. taxes. 3 145,109 153,159 141,342 E. Boston Tunnel rental... 57,783 58,782 60,575 Interest on funded debt.... 556,000 706,000 887,807 ve on unfunded debt.. 131,033 207,700 Int. and taxes on leased property of Bay State 149.328 49,955 50,497 Street Railway Co..... Rent of Newtonville & Water- town Street Railway Co...... 9.727 6,084 6,031 Cambridge connection rental... 18,205 68,409 Potala icsidis ob whi derd ota davae Rockport % =e Hh ; ee zt g My ' N.Chelmsford 2 N. Tewksbury dover Asbury Grove Essex 8é * 3 J 4 / LOWELL Wenham Gloucester. i : Putnamville ' FITCHBURG / A; Chelmsford jf N.Reading Danvers Pn Ayers 4g i a co . , , i Readin PealNody SAL Hinge Steet fi MAP SHOWING Leominster ) N se 43 Marblehead ? . s p eo : sata Oe LINES OF THE , a +: Bedford a : *s on Woburn Te BAY STATE STREET RAILWAY COMPANY “s er wadmpscott. ? Lancaster SLL e? Winchestér CONTROLLED BY THE Melrose YNN Lexington SR, ° ° % Nahant Na edfor e Z : “Clinton | j Vy a 4§° pane Sear er Beachmont ‘ Faas Hudson Waverly di ; f XN ? arhbr a Sues Walth Watertoy, Berlin. Y ne ee : East 1B: GSk Eh Ben ; ewto: f Boston Marlboro ; x : BOSTON BAe ye oyleston axonville qruate So.Basto @ ee Cen. oe Brookline g ’ e « Northooro Framingham ha Q ke. ,ate . W.Roxbury 4 Shrewsbury Lo® tue AW ‘ f é ¥ Cot ; elles- x f i 7 P & 1, ov ‘\ e -4 Nantasket ; oe ” Tull @™®, Beach Lake , 8. Framingia 3 me ‘ Quinsigamond e Westboro soe e \ Needham Ww STER NY Ashland S.Natick Dedham ‘Hyde Quincy] is 9 bye w “f Park S . Nee estwood ‘ %, ingham One, 10 15 ~s.§ Hopkinton 1 1? a : ¥ O; 234 5 a o = Grafton x Bra dutree s Norwell = OD SCALE OF MILES ¢ -— ~ 4 it ul rN ’ Holliston = Scituate ,7§ a Millbury : Xi , Norwood & ssinippi J * =~ a 1 ‘~ ! ? ze A v ! t aie 24 / a ' i ‘ Eastonk West , Sm AL -—_—- MW BoLaoekot , ' dale Aheae ‘ 8 i S ’ < ? si, i N.Attleboro ith ' x é, Renee Slatersv ille i => ; ; ridgewat . O *” Cumberland} Pit me eas Bridgewate _N.Plympton . Norton S ¥, i ‘ N.Raynham Plymouth ® t S ‘ Raynham gor Oo S | Attleboro ' ge,” G cana | “ Manomet v ' O . zs TAUNTON Middleboro of \ ¥ ‘ . 1 pa PAWTUCKET \ E.Taunton 1 coaD mskuey ) N.Dighton } Centerdale y ! 0 Mane . i f ea Rehoboth 4 ghton Lakeville ‘Assawompsett ‘ Zz "PROMIDENG er es Wareham ' a so Ye Seekonk Great Quittacus + ! Merino # ; Long Pond \ ol ‘ Pend Foster fh. / Thornton H 3 tri SLL i? Cranston m eisteaipeer ste é wl . Nee Knightsville }* F Rivers *Onset x \ Freetown = Sandwich Sochanosse Laljewoo \ ‘ Bourne -R Fiskville it . if “é 3 : se ee A Ve jt" Greenwood c FALL RIVER Marion 34 } ead ay River Pow + eN : \ - Wattupa é 4; vs | Crompton | F ' ! Fowd Mattapoisett % > G (a ; yp i Brist61 LS x 2 { @ ke ‘\ : NEW BEDFORD -Fair Haven é iy Oe =4 ‘ rf, Tiverton | ae : Cotutpoyt, Zoe in bem \ . a} ies ee Osterville : i ¢ 19 1 ra i % ft \ é mag! { Z py : 8 A 3 e 1 . ortsmoufth X, “3 a ‘ 3 ‘ 3 S Ay --2%% v 3 3 > nt ; 9 Falmouth iF, g 8 : i, 4 a ARB =< i 5, \ ‘ % Woods ey x ' - 9 Cc A, » g i (Middtowh | os s Saunderstown 77 ; 1 9 NANTUCKET my y 1 0 SOUND 3 | =] 0 ee RT 9 Cottage City B e € 5 Q Vineya : cD a : Narragansett Pier SL \ N t A Loe m7 3! v ( MARTHA’S VINEYARD MassaCcHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 105 company. On Apr. 10, 1go1, the Beverly & Danvers Strect Ry. Co. and on May 6, rgor, the North Woburn Street Ry. Co. and the Lowell, Lawrence & Haverhill Street Ry. Co., with which the Lowell & Sub- urban Street Ry.Co. had been consolidated on Nov. 21, 1900, were also absorbed (the capital stock of these companies being controlled by the Massachusetts Electric Companies). On March 2, 1903, the Glouces- ter & Rockport Street Ry., and on June 27, 1903, the Middleton & Danvers (having previously consolidated with the Haverhill & And- over)and the Lawrence & Reading (having previously consolidated with the Reading, Wakefield & Lynnfield) and on Sept. 28, 1906, the George- town, Rowley & Ipswich (having previously consolidated with the Haverhill, Georgetown & Danvers) and the Lowell & Woburn were consolidated with thiscompany. Authority was granted by the Legis- lature for the lease of the property in the Hyde Park and Chelsea dis- trict to the Boston Elevated Railway or the West End Street Railway. LEasED Roaps.—East Middlesex Street Ry. Co., 99-year lease, from May I, 1893; Winnisimmet R. R. Co., g99-year lease, dated 1880; Boston & Chelsea R. R. Co., 99-year lease, dated 1880; Bos- ton & Revere Electric Street Ry. Co., 99-year lease, dated 1895; Nashua Street Ry., 99-year lease, dated 190u, and the Newport & Fall River Ry. Co., 99-year lease, dated 1901. The company’s lines are situated in Boston, Lynn (89,336), New- buryport (14,949), Medford (23,150), Gloucester (24,398), Haverhill (44,115), Lawrence (85.892), Lowell (106,294), Arlington (11,187), Bil- lerica (2,789), Dracut (3,461), Essex (1,621), Rockport (4.211), Tyngs- boro (829), Wilmington (1,858), Winchester (9,309), North Reading (1,059), Methuen (11,448), Lynnfield (g11), Ipswich (5,777), Middleton (1,129), Reading (5,818), Wakefield (11,404), West Newbury (1,473), Everett (33,484), Chelsea (32,452), Woburn (15,308), Malden (44,404), Salem (43,697), Beverly (18,650), Marblehead (7,338), Swampscott (6,204), Danvers (9,407), Hamilton (1,749), Revere (18,219), Stoneham (7,090), Saugus (8,047), Wenham (1,010), Melrose (15,715), Peabody (15,721), Andover (7,301), No. Andover (5,529), Groveland (2,253), Chelmsford (5,010), Tewksbury (3,750), Burlington (591), George- town (1,955), Newbury (1,482), Rowley (1,368), Abington, Avon, Braintree, Bridgewater, Brockton, Dedham, Dighton, East Bridge- water, Easton, Fall River, Freetown, Hanover, Hingham, Holbrook, Hull, Lakeville, Middleboro, Milton, Needham, New Bedford, Nor- well, Quincy, Randolph, Raynham, Rehoboth, Rockland, Seekonk, Somerset, Stoughton, Taunton, Walpole, West Bridgewater, West- wood, Weymouth and Whitman, Mass.; Nashua, N. H. (26,005), Hud- i N. H. (6,743); Middletown, Newport, Portsmouth and Tiverton, 1. CaPpitaL STocK, common, authorized and outstanding, $20,517,200; first preferred, 6 p. c. cumulative, authorized and outstanding, $2,- 748,6v0; par value, $100. First preferred stock is redeemable at 120 and accrued dividends. DivIDENDs.—On common stock in 1880, 6 p. c.; yearly thereafter to and including Oct., 1891, 8 p.c.; in 1892, 4 p.c.; in 1893, to and including 1899, 8 p.c.; in 1900, 7 p. c. on $2,271,000; in 1901, 3 p.c. on $3,323,000, 3 p c. on $6,123,000; 1902, 6 p. c. on $6,123,000; 1903, 5 p. c. on $9,660,000; in 1g04, 24 p. ¢. on $9,660,000; in 1905, 2 p. c. on $10,160,000; in 1906,5 p. c. on $10,743,200; in 1907, 1908 and 1909, 5 p.c., and in 1910, 5 p. c. on $11,043,200; in Igrr and 1912, 5 p. c.; Dec. 34, 1912, 3 p. c.; June 30, 1913, 2% p.c.; Dec. 31, 3 p.c. On first preferred in 1909, 3.88% p. c.; in I9I0, IgI1, 1912 and 1913, 6 p. c. FunpED Desr.—Notes, 5 p. c. coupon serial, authorized $2,000,- 000, outstanding $1,975,000; dated Aug. 15, 1912, due Aug. 15, from 1914-1932; int. payable Feb. and Aug. 15 at American Trust Co., Boston: mature annually as follows: rg14, $31,000; 1915, $37,000; 1916, $43,000; 1917, $50,000; 1978, $57,000; 1919, $64,000; 1920, $72,000; 1921, $80,000; 1922, $88,c00; 1923, $97,000; 1924, $106,- 000; 1925, $116,000; 1926, $126,000; 1927, $136,000; 1928, $148,000; 1929, $160,000; 1930, $174,000; 1931, $188,000; 1932, $202,000. Boston & Northern Street Ry. refunding first mortgage 4 p. c. gold bonds, authorized $15,000,000, outstanding $7,179,000; held for retire- ment of underlying bonds $5,358,500. and for additions and improve- ments $2,766,500; coupon, but may be registered, dated July 1, 1904, due July 1, 1954; denom. $1,000; int. payable at American Trust Co., Boston, trustee. Lynn & Boston Ry. Co.'s first mortgage 5 p. c. gold bonds, au- thorized $5,379,000, issued $3,723,000; coupon, but may be regis- tered; dated Dec. 1, 1894, due Dec. 1, 1924; denom. $1,000; int. payable June and Dec. at office of the Old Colony Trust Co., of Boston, trustee. The amount authorized by law and by vote of the stockholders is $5,500,000. The amount authorized by the Board of Railroad Commissioners and by the Board of Directors of the com- pany is, as stated, $5,379,000. 6 p.c. gold coupon notes, authorized, $1,250,000, issued, $405,000; dated Apr. 1, 1897, due Apr. 1, 1917; int. payable Apr. and Oct. GioucesTer & Rockport STREET Ry. Co.—6 p. c. coupon notes, $10,000; dated Feb. 1, 1895, due Feb. 1, 1915. GioucestEr, Essex & BEverLy STREET Ry. Co.—First mortgage 5 p.c. gold bonds, $125,000; dated Dec. 1, 1896, due Dec. 1, 1916; trustee of mortgage, American Trust Co., of Boston. Mystic VALLEY StreET Ry. Co,—First mortgage 5 p. ¢. bonds, $60,000; dated Jan. I, 1899, due Jan. 1, 1919. GrorcErown, RowLey & Ipswich SrreeT Ry. Co. — First mortgage 5 p. ¢. bonds, outstanding, $180,000; due June 1, 1920. WAKEFIELD & SYONEHAM STREET Ry. Co.—First mortgage 5 p. c. gold bonds, $150,000; dated Mar. 1. 1895, due Mar. I, IgI5; trustee, American Trust Co., of Boston; redeemable at 105. Rockport Street Ry. Co.—6 p. c. coupon notes, $12,500; due Oct. 15, 1916. Interest payable Apr. and Oct. Lowe, Lawrence & HAVERHILL SrREEY Ry. Co.—First mort- gage 5 p. c. bonds, authorized $1,900,000, outstanding $774,000; coupon, but may be registered; dated June 1, 1893, due June 1, 1923; deriom. $1,000; int. payable June and Dec. at American Trust Co., of Boston, trustee; may be called for payment at 105 and interest, or may be purchased in open market at a lower price. The mortgage deed provides that the company shall retire by pur- chase or call 14 p.c. of its outstanding bonds during each of the years ending May 31, 1894 to 1898 inclusive; 1 p. c. in 1898 to 1902; 14 p. cc. in 1903 to 1907; 2 p. c. in 1908 to 1913; 2% p.c. in 1913 to 1917 inclusive, and 3 p. c. in 1918 to 1922. Original issue, $1,- 065,000; now outstanding, $774,000. HAVERHILL, GEorGErowN & Danvers Srreet Ry.—First mort- gage 5 p. c. bonds, outstanding, $35,000; due Mar. 1, 1919. Propiy's Srreer Ry. Co,—First mortgage 5 p.c. gold bonds, $64,000; dated Jan. 1, 1898, due Jan. 1, 1928; int. payable Jan. and July at office of State Street Trust Co.. of Boston, trustee _of mortgage. Old Colony Street Ry. Co.'s first refunding mortgage 4p. c. gold bonds, authorized, $10,000,000; outstanding, $5,334,c00; re- served for retirement of underlying bonds, $3,651,000; held in escrow, $1,762,000; coupon, but may be registered; dated July I, 1904, due July 1, 1954; int. payable Jan. and July at Old Colony Trust Co., of Boston, Mass., trustee. The purposes of the unissued bonds are as follows: For retiring bonds of constituent companies $3,651,000; the $1,762,000 held in escrow for,additions and improvements can only be issued when approved by Public Service Commission. Brockton Consolidated Street Ry.'s first mortgage 5 p.c. gold coupon bonds, authorized, $750,000; outstanding, $689,000; dated Oct. ' 1, 1894, due Oct. 1, 1924; denom. $1,000; int. payable Apr. and Oct. at State Street Safe Trust Co., of Boston, trustee. Braintree Street Ry. Co.'s first mortgage 6 p.c. bonds, $35,000; dated 1894, due July 25, 1914; int. payable Jan. and July at State Street Trust Co., Boston, trustee. Taunton & Brockton Street Ry. Co.’s first mortgage 5 p. c. bonds, authorized and outstanding, $100,000; dated 1897, due Aug. I, 1917, int. payable Feb. and Aug. at State Street Trust Co., Boston, trustee. Brockton, Bridgewater & Taunton Street Ry. Co.’s first mortgage 5 p. c. bonds, $200,000; coupon, but may be registered; dated Aug. 1, 1897, due Aug. I, 1917; denom, €1,000; int. payable Feb. and Aug. at American Trust Co., Boston, trustee of mortgage. Brockton & East Bridgewater Street Ry. Co.’s first mortgage 5 p.c. bonds, $30,000; dated Feb. 1, 1898, due Feb. 1, 1918; int. payable Feb. and Aug. at American Trust Co., of Boston, trustee. Boston, Milton & Brockton Street Ry. Co.’s first mortgage § p.c. bonds, $100,000; dme July 1, 191g; International Trust Co., Boston, Mass., trustee. New Bedford, Middleboro & Brockton Street Ry. Co.'s first mort- gage 5 p.c. gold bonds, authorized and outstanding, $325,000; due Jan. 1, 1920; int. payable Jan. and July at American Trust Co., Boston, trustee. Dighton, Somerset & Swansea Street Ry. Co.’s first mortgage § p. c. bonds. outstanding $78,000, due Dec. 1, 1915; int. payable June and Dec. at International Trust Co., Boston, trustee. . Taunton Street Ry. Co.’s first mortgage 5 p. c. bonds, $350,000; dated Jan., 1894, due Jan 1, 1914; int. payable Jan. and July at American Trust Co., of Boston, trustee of mortgage. Taunton Street Ry. Co.'s debenture 5 p. c. bonds, $200,000; dated Mar. 1894, due Mar. 1, 1914, int. payable Mar. and Sept. at American Trust Co., of Boston, trustee of mortgage. Providence & Taunton Street Ry. Co.’s 5 p. c. bonds, issued, $150,000; due Sept. 1,1918. American Trust Co., Boston, trustee. West Roxbury & Roslindale Street Ry. Co.’s first mortgage 5 p.c. gold bonds, authorized $150,000, outstanding $120,000; coupon,but may be registered; dated Sept. 1, 1896, due Sept. 1, 1916; denom. €500; int. payable at International Trust Co., of Boston, trustee of mortgage. These bonds may be redeemed at 103 after Sept. 1, 1901. Norfolk Suburban Street Ry. Co.'s first mortgage 5 p.c. bonds, $45,000; dated July 2, 1894, due July 1, 1914, but subject to call at 103 and interest; int. payable Jan. and July at International Trust Co., Boston, trustee. Norfolk Central Street Ry. Co.'s first mortgage 5 p. c. bonds, $32,500; dated July 1, 1898, due July 1, 1918, but subject to call at 103 and interest; int. payable Jan. and July at International Trust Co., Boston, trustee. South Shore & Boston Railway Co.'s first consolidated mortgage 5 p.c. gold bonds, $335,000; due Aug. I, 1919; int. payable Feb. and Aug. at American Trust Co., Boston, trustee. Braintree & Weymouth Railway Co.'s first mortgage 5 p. c. gold bonds, $80,000; due Mar. I, 1917; int. payable Mar. and Sept. at International Trust Co., Boston, trustee. 106 McGRAW ELECTRIC RAILWAY MANUAL MASSACHUSETTS Bridgewater, Whitman & Rockland Railway Co.'s first mortgage 5 p. c. gold bonds, $85,000; due Nov. 1, 1917; denom. $1,000; int. payable May and Nov. at American Trust Co., Boston, trustee. Rockland & Avington Railway $100,000; due May 1, Igrs; Trust Co., Boston, trustee. : Co.'s first mortgage 6 p. c. bonds, int. payable May and Nov. at Old Colony Operation.— Year ending June 30, IQII. 1g12. 1913. Earnings from passengers...... $5,245,413 $8,605,535 $5,846,887 i ‘* other sources.... 68,978 272,408 540,864 Gross IncOMEs v0 ce ceeds eens 5,314,391 8,077,943 9,387,751 General expenses ......... 596,155 1,015,594 1,053,140 Prati Che srec cies cue Was wegen ox 53,618 84,698 63,692 Transportation expenses... 1,848,733 3,140,366 3,297,643 Maint. of wayandbldgs..... 414,099 729,300 813,566 ss § equipment... ccc 439,372 780,094 819,866 Illuminating dept.......... 61,004 Operating expenses ............ 3,351,977 5,750,052 6,109,511 -Gross inc. less op. expenses.... 1,962,414 3,127,891 3,278,240 Miscellaneous income........... 12,277 181,g0T 74,500 PO tal cree ls uae ape hs ete Baise ae 1,974,691 3,309,792 3,352,740 Int. on funded debt...... 533,307 946,934 1,004,583 “ “unfunded debt....... 130,607 149,793 53,069 TAKES. ones dnstasshore sy wavuare 6 he 321,288 514,937 609,027 REMtal Si. sicmsecacomeneene aes 121,920 220,315 207,973 ° Other deductions... ... 3,995 8,350 40,250 Net incomes «ockey aan sa wee ace 863,574 1,469,463 1,437,838. Dividends: paid ws c2sececcaa vince 630,874 1,077,681 1,253,762 To surplus account neil 232,700 391,782 184,076 Surplus from previous year..... 212,860 Debits to profitandloss........ 225,623 304,108 184,086 Total surplus account. eee 125,186 212,860 212,850 P.c. oper. exps. to total receipts 64.77 65.69 STATISTICS OF TRAFFIC. Year ending June 30, Igll. TOT? 1913. Revenue passengers carried....106,586 060 176,220,023 181,280,062 Transters redeemed. soy 4 cues 11,933,294 22,085,132 22,917,709 Passenger car miles run........ 18,232,599 29,509,699 30,030,806 a Car NOUTS asi s%.F-3340 « 2,167,289 3,503,208 3,572,721 Express car miles.............. 201,263 297,791 a WAY NOULS 2 acnncinw cents 42,624 56,749 Total railway receipts perc ar mile $.2857 $.2926 $.2977 Ry. oper. exps. Set aE -1802 - 1895 -1956 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip..$44,314,536 Capital stock.........#23,265,800 Cash end seat cheatin 1,387,427 Funded debt..... . 23,106,000 Accounts receivable... 137,354 Notes payable........ 1,459.0co Material & supplies... 987,255 Accounts payable..... 698,954 Prepaid accounts..... 120,662 Accrued taxes........ 272,686 Dep. for coupons & bds 320,777 a int. & rentals 125,726 Bonds in treasury.... 28,000 Other accru. accounts. 4,274 Other assetsS.......... BOO TES. Reserves, «cso csaiaccas 25,0CO Prem. on capital stock 357,480 Other liabilities....... 400,029 Profit and loss (surp.). 212,850 Ro talasiadncasgeie nce $49,918,799 TV OtAl s secunen alten -svaces $49,918,799 Track AND EQuipMEN’.—Total miles of track, 971.92, including 65.91 miles uperated under lease in New Hampshire and Rhode Island and 26 miles in the city of Boston leased to the Boston Elevated Rail- way Co.; 2,063 motor and 35 other passenger cars, 146 service cars and 20 express cars; 5,306 car motors, 268 snow plows, 316 miscellaneous vehicles. Orricers.—Pres. Patrick F. Sullivan; V. Pres. & Gen. Mgr. Robt. S. Goff; V. Pres. & Treas. Charles R. Rockwell, Boston; Clerk, Chas, Williams. Lynn; Asst. Gen. Mgr. H. E. Reynolds; Gen. Audr. H. H. Read; Supt. Motive Power & Mach. C. F. Bancroft; Elec. Engr. G. W. Palmer, Jr.; Supt. Equip. E. W. Holst; Supt. Time Tables. A. S. Richey; Engr. Maint. of Way, David Curtin; Pur. Agt. A. P. Emmons, Boston; Gen. Supt. Div. 1 North, George H. Gray, Lynn; Gen. Supt. Div. 2 North, Thomas Lees, Lowell; Gen. Supt. Div. 1 South, J. T. Conway, Brockton; Gen. Supt. Div. 2 South, G. F. Seibel, Taunton; Pass. Agt. R. M. Sparks; Gen. Exp. & Fgt. Agt. Geo. Dunford, Boston, Mass. Power Srarions at Chelsea, Lynn, Salem, Gloucester, Essex Falls, Woburn, Lowell, Lawrence, Haverhill, Byfield, Quincy and Hyde Park, and Newport and Portsmouth, R. I. For map of road, see inset between pages 104 and 105. Stone & Webster Manage nent Association.—The following companies are managed by this association: Baton Rouge Electric Co. Beaumont Traction Co. Blackstone Valley Gas & Elec. Co. Blue Hill Street Ry. Co. (The) Brockton & Plymouth St. Ry. Co. Cape Breton Electric Co., Limited. Central Mississippi Valley Elec- tric Properties. Columbus Electric Co. Columbus Power Co. (The) Connecticut Power Co. (The) Dallas Electric Co. Eastern Texas Electric Co. Edison Electric Mluminating Co. of Brockton. Electric Light & Power Co. of Abington and Rockland (The) E] Paso Electric Co. Everett Ry. Light & Water Co. Fall River Gas Works Co. ; Galveston-Houston Electric Co. Galveston-Houston Electric Ry. Co. Galveston Electric Co. Houghton County Elec. Light Co. Houghton County Traction Co. Houston Electric Co. Jacksonville Traction Co. Keokuk Electric Co. Keokuk Electric Ry. & Power Co. Key West Electric Co. (The) Lowell Elec. Light Corpn. (The) Mississippi River Power Co. Northern Texas Electric Co. Pacific Northwest Traction Co. Paducah Traction & Light Co. Pensacola Electric Co. Ponce Electric Co. Puget Sound Electric Ry. Puget Sound International Ry. & Power Co. Puget Sound Traction, Light & Power Co. Savannah Electric Co. Sierra Pacific Electric Co. Sydney & Glace Bay Ry. Co.,Ltd. Tacoma Ry. & Power Co. Tampa Electric Co. CoMmBINED STATEMENTS of electric railway, electric lighting, gas and water power companies under Management Association: the management of Stone & Webster COMBINED CAPITALIZATION, Year ending Dec. 31, IQII. IgI2. 1913. Bonds and coupon notes out- SCAM GIN 200) acs accrendonee dane $77,901,500 $80,742,700 $86,512,100 Preferred and common stock outstanding............. 83,631,100 92,636,500 *38 092,100 Common stock outstanding.. 61,911,200 * Preferred only. $161,532,600 $173,379,200 $186,515,400 TOTAL EARNINGS AND EXPENSES, Year ending Dec. 31, IQIl. 1912. 1913, Gross earnings............. $22,848,480 $23,925,414 $26,688,521 Operating expenses........ 12,542,261 $13,839,417 15,583,757 Net earnings. oc occ se032 3 a0 10,306,219 10,055,997 II, 104,764 Int. charges, including taxes 4,966,350 $4,075,222 $4,432,105 IAANICE wien sched ay ce @asamuade 5,339,869 6,010,775 6,672,65 Bond sinking and mtge. i improvement funds.... 532,820 570,390 Balaniee asso deb nt Aine wok aeiens 5,477,955 6,102,269 Income from other sources. 121,386 77,405 93,071 Balance ee atte eee eee 5,461,255 5,555,300 6,195,340 Dividends paid............ 3,367,775 3,699, T19 4.184.477 Balante.icccecealeesiaes 2,093,480 1,856,247 2,010,863 Tot. disbursements for year for int. on bonds and notes, and for dividends 7,060,655 7,774,342 8,616,582 Miles of equiv. single track operated... . ESELESE BERS 1,130.5 1,224.8 1,299.17 Passengerscarried......... 300,330,000 §318,203,000 §$341,255,000 Tot. connected elec. lighting load equiv. to 16-c.P. LAM PSvee wars. ce haces daa 2,341,880 2,136,960 2,414,820 Tot. com. pwr. load, H.?. ap- proximately........... 130,400 137,400 179,88 Total combined power stat. il oT capacity, H.P. approx... *219,872 *276,780 *289,64c Total gas output, cu. ft..... 1,390,157,200 1,306,949,800 1,754,158,300 * Of which 96,720 H. Pp. in 1911 1913 was generated by water power. § Including transfers. charges only. , 110,200 in Ig12 and 109,500 H. P, in tIncludes taxes. {Interest Orricers.—Pres. Henry G. Bradlee: V. Prests. Fredk. S. Pratt, Fredk. P. Royce, Chas. F, Wall Henry B. Sawyer, GENERAL Orrick, 147 Milk St. 5 Nassau St.; Chicago Office, 604. ace; Sec, Edward F, Flynn; Treas. . Boston, Mass.; New York Office, First National Bank Bldg. PUBLIC SERVICE INVESTMENT CO.— Organized, under the laws of Maine, with authority, in stocks, bonds, notes and other Tuesday in May. the management of the Stone SECURITIES OW Stocks, twelve companies Cash among other things, to hold and deal securities. Annual meeting second Owns the securities of twelve companies under & Webster Management Association, NED, Par Value. eT eS a ee es ee $5,205,200 67,438 $5,272,638 MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 107 CaritaL Stock.—Common, authorized $3,000,000, outstanding $2,184,500, in treasury $315,500; preferred 6 p. c. cumulative, author- ized $3,000,000, outstanding $2,184,500, in treasury $315,500; par of both, $100; preferred stock is redeemable at 115 and is preferred as to dividends and in case of liquidation. Divivenps.—Preferred stock, dividend dates Feb. 1, May 1, Aug. 1and Nov.1. Oncommon, payable Feb. 1 and Aug. 1; first dividend paid Feb. 1, 1910, 1% p.c.; Aug.1, 1% p.c.; in roti, 3 p.c.; in 1912, 3% p.c.; in 1913, 4 p.c. STATEMENT.— Year ended Dec. 31, IQII. IgI2. 1913. Income from stocks.................. $233,673 $253,205 “ ‘* notes and cash.......... | garr,864 10,623 3,501 SE Otalll sdassnseeiee one y sas taleeewinees «ses 211,864 244,296 256,766 EXPENSES '« cdmatas 2x seccad a Sia Shaw ed howe 1,548 14,909 Bala ne Gist. sacecotoaees orice ava Geketeeacannionneneiatens 242,748 241,857 Dividends on preferred stock .......... I20,000 120,000 120,000 se on common stock............ 70,000 80,000 Balan ern ayes aiauan eae ee ew ep eeaa es gt, 864 52,748 41,857 Accumulated surplus...............64- 235,577 OrFicEers.—Pres. Eliot Wadsworth; V. Pres. Edward Byrnes; Sec. & Treas. Henry R. Hayes; Asst. Treasrs. Walter W. Beckett, J. Coolidge Coffin. Direcrors.—Henry G. Bradlee, Russell Robb, Charles A. Stone, Edwin S. Webster, Eliot Wadsworth, John W. Hallowell, Dwight P. Robinson, Boston, Mass. GENERAL OFFICE, 147 Milk St., Bostcn, Mass. RAILWAY & LIGHT SECURITIES CO.—Organized in 1904 to hold tor income or for sale the securities of transportation, illuminating, power and other public service corporations. Under its charter it may issue its own collateral trust bonds, secured by bonds of other companies as collateral. Annual meeting second Tuesday in July. On Jan. I, 1914, owned bonds and stocks of 38 independent com- panies, 20 of which are under the management of Stone & Webster. SECURITIES OWNED. Par Value. Bonds, thirty companies... ... 2... e ec cece eee eee eee ee $4,356,500 Stocks, ‘sixteen <<" eda ev tessa es Ree aise cela Sect 1,276,600 Cash and accrued interest receivable..............0:00 eee 104,333 otal spsizcacces-ciow eretreiniolse nnn asiiien oaeG abs een dandonee $5,737,433 CaPITAL Srock.—Common, authorized $1,200,000, outstanding $1,000,000; preferred 6 p. c. cumulative, authorized $2,000,000, out- | standing $1,500,000, in treasury $500,000; par value $100. Preferred is redeemable at 125, and is preferred as to dividends and in case of liquidation. Dividend dates, Feb. 1 and Aug. I. DivipENDSs.—On preferred, 6 p. c. per annum is being paid; on common, in 1910 and 1911, 4 p.c.; in 1912, 4% p. ¢.; in 1913, Feb., 3p.c.; Aug., 3p. c. Funpep Dexsr.—Collateral trust, first series 5 p. c. gold, author- ized $500,000, outstanding $349,000; dated May 1, 1905, due May 1, 1935; denom. $1,000; int. payable May and Nov. 1, at Old Colony Trust Co., Boston, trustee; callable, as a whole or in part, at 103 and interest on any interest date. Secured by deposit of the following: Terre Haute Traction & Light Co. 5s, $29,coo; Dallas Electric Corp. 5s, $125,000; Houston Electric Co. 5s, $75,000; Galveston Electric Co. 5s, $75,000; Whatcom County Ry. & Lt. Co. 5s. $125,000; Padu- cah Traction & Light Co. 5s, $125,000; total $554,000. Collateral trust, second series 5 p. c. gold, authorized and out- standing, $500,000; dated May 1, 1909; due May 1, 1939; denom. $1,000; irt. payable May and Nov., at Old Colony Trust Co., Boston, trustee; callable, as a whole or in part, at 103 and interest on any interest date. Secured by deposit of the following: Cleveland, Paines- ville & Eastern R. R. Co. 5s, $125,000; Columbus Electric Co. 5s, $125,000; Dallas Electric Corp. 5s, $75,000; Houghton County Trac- tion Co. 5s, $100,000; Pensacola Electric Co. 5s. $125,000; Whatcom County Ry. & Lt. Co. 5s, $75,000; total, $625,000. Collateral trust, third series 5 p. c. gold sinking fund, authorized $500,000, outstanding $369,000; coupon, but may be registered; dated Nov. 1, 1909, due Nov. 1, 1939; denom. $1,000; int. May and Nov. at Old Colony Trust Co., Boston, trustee. Subject to call, as a whole or in part, at 103 and int. Sinking fund, year ending Nov. 1, 1914 to 191g, $10,000 yearly; 1920 to 1924, $15,000 yearly; 1925 to 1929, $20,- 000 yearly; 1930 to 1939, $27,000 yearly. The third series bonds are secured by deposit with the trustee of $575,000 bonds: Columbus (Ga.) Electric Co, first mortgage col- lateral trust 5s, $75,000; Paducah Traction & Light Co. collateral trust, $42,000; Pensacola Electric Co. first mortgage 5s, $75,000; Canton-Akron Consolidated Railway general consol. 58, $100,000; Cleveland, Painesville & Eastern R.R.Co. first consolidated 5s, $75,000; Lake Shore Electric Ry. Co. general mortgage 5s, $108,000; United Missouri River Power Co. 30-year sinking fund 6s, $100,000. Collateral trust fourth series 5 p. c. sinking fund gold bonds, authorized $500,000, outstanding $383,000; denom. $1,000; coupon, but may be registered; dated May 1, 1912, due May 1, 1942, but callable as a whole or in part at 103 and interest on any interest day upon 21 days’ notice; int. payable May and Nov. at Old Colony Trust Co., trustee. Sinking fund as follows: 1917 to 1922, $10,000 yearly; 1922 to 1927, $15,000 yearly; 1927 to 1932, $20,000 yearly; 1932 to 1942, $27,000 yearly, thus retiring practically entire issue before maturity. Secured by deposit of $625,000 bonds: Canton-Akron Consol. Ry. Co. general consol. mortgage 5s, $150,000; Consol. Pwr. & Lt. Co. of South Dakota first consol. mortgage 5s, $50,000; Dallas Southern Traction Co. first mortgage 5s, $135,000; Key West Electric Co. first mortgage 5s, $150,000; Lake Shore Electric Ry. Co. general mortgage 58, $140,000, ——Dec. 31,— 1gI2. 1913. Jan. 31, STATEMENT.— Year ended IgI2. Underlying and invested bond interest received and accrued................. $162,784 Dividends on stocks............-...... 39,365 Interest on notes received and accrued.. 7,106 Income from bonds and stocks....... $249,185 $269,932 xe eS “notes and. CaSh)..¢...c.ecsseers 13,481 7.432 Total income. ....... 2 cece eee eee eee ee 209,255 262,666 277,364 Interest on collateral trust bonds... 69,408 81,146 80,478 Discount on bonds, « csou os awevansas 10,265 EXPenses saiotiisieees cane ee Geen aes 8,995 11,136 13,363 Profit from:-incomes.. x isecows vx cine sercees 120,587 170,384 183,523 Profit on securities bought and sold..... 38,446 228,353 COAL ete 6.54 eNtnees; cn paxcuenay ear ew foe Cavers eee he 159,033 398,737 183,523 DividéndSic225¢- 08508 ctakaesiene a5aeae% 104,652 138,249 150,000 INGE PHO Msc sey acs 2s see Sip acravaterdi 2 usaacoscearaacs 54,381 260,488 33,523 HOtal SUPP] WSs sha soca 4 mse ea ece sacheweer arte Net ovals 195,894 442,297 OFFICERS.—Pres. Russell Robb; V. Pres. Thomas Nelson Per- kins; Sec. & Treas. Edmund J. B. Huntoon. Direcrors.—Henry G. Bradlee, Stedman Buttrick, John W. Hallowell, Robert F. Herrick, Robert T. Paine 2d, Thomas N. Perkins, Russell Robb, James J. Storrow, Charles A. Stone, Eliot Wadsworth, Edwin S. Webster, Boston, Mass. EXECUTIVE COMMITTEE.—Russell Robb, Eliot Wadsworth, Sted- man Buttrick, James J. Storrow, Edwin S. Webster. GENERAL OFFICE, 147 Milk St., Boston, Mass. Boston & Worcester Electric Companies.—This is a volun- tary association organized under a trust agreement. It has issued 33,936 4 p. c. cumulative preferred shares and 34,614 common shares, no par value, but in case of liquidation preferred shares receive $100 each before participation of common shares. Its securities consist of copia) stock and notes payable of the Boston & Worcester Street Ry. Co. CariraL Srock, common, 34,614 shares, no par value; preferred, 4 p. c. cumulative, 33 936 shares, no par value. DivipENns.—First dividend on preferred paid July 1; 1904, $2; in 1905, Jan., $2, July, $2; in 1906, 1907 and 1908, $4; in 1909, Jan., $1, July, $1; in 1910, Jan., $1; inrgr2, Jan., $1, July, $1; in 1913, Jan., $1; July, $1; in 1914, Jan., $1. STATEMENT.— Year ending June 30, IQIt. IgI2. 1913. Dividends for Boston & Worcester Street Ry. shares owned...............00008 $50,625 $50,625 Miscellaneous income................000- $20,239 18,964 19,057 Total AMGOM ls 2 geese 22k sas ais neh bilal Saneeeed & 20,239 69,589 69,682 Dividend on preferred shares............. *67,872 *67,872 Miscellaneous expenses.. ................ 1,829 1,113 1,388 Interest on noteS......... eee eee eee eee 15,855 Surplus for year incecwsvtnneneacary 2's seas 2,555 604 - 422 Surplus brought forward...............0.. 6,214 13,891 14,495 Miscellaneous credits to surplus........... 5,122 ‘Rotal Surplash esis as) deswtng ae esa, madras 13,891 14,495 14,917 * $2 per share. OrFicers.—Pres. Wm. M. Butler; V. Pres. Sec. & Treas. George A. Butman. EXECUTIVE CoMMITTEE.—Wm. M. Butler (Chairman), Arthur E, Childs, Charles Hayden. TrustErs.—William M. Butler, Phineas W. Sprague, Charles Hayden, James F. Shaw, N. Wilbur Jordan, Arthur E. Childs, Robert T. Paine 2d, Philip Stockton, Wm. L. Underwood, Stillman F. Kelley, C. C. Peirce, Geo. A. Butman, Guy Murchie, Chas. B. Smith, Guy W. Cox. GENERAL OFFICE, 77 Franklin Street. Boston, Mass. Arthur E. Childs; BOSTON & WORCESTER STREET RAILWAY CO.—Incor- porated under Massachusetts laws Nov 16, roor. This company operates a double track line between Boston and Worcester, and has also purchased the franchises and property of the Framingham Union Street Ry. Co., Framingham, Southborough & Marlborough Street Ry. Co. and the Marlborough & Framingham Street Ry. Co. The total mileage, including lines purchased, is $2 miles. Common stock owned by Boston & Worcester Electric Cos. CariraL Srock, common, authorized and outstanding, $2,025,000; preferred 6 p. c. cumulative, authorized $397,200, issued $397,200. DivipENDs.—On common stock, July, 1904, 3 p.c.; in 1405, 1906, 1907 and 1908, 6 p.c.; in 1909, June, 134 p.c.; in 1910, Jan., 1% p. ¢; July dividend deferred; in 1911, Dec.,1 p.c.; in 1912, July, 1% p.¢.; Dec., ry p.c.; in 1913, June 1% p.c.; Dec., ry p.c. FuNDED Desr.—First mortgage 4% p. c. gold bonds, authorized, $2,500,000; issued, $2,400,000, coupon, but may be registered; dated Aug. I, 1903, due Apr. I, 1923; denom. $1,000; int. payable Feb. and Aug. at American Trust Co., Boston, Mass., trustee. Framingham, Southborough & Marlborough Street Ry. Co.’s first mortgage 5 p. c. bonds, $60,000; due Jan. 1, 1919. OPERATION.—Year ending June 30, rgI1. IgI2. 1913. Earnings from passengers.............. $607,383 $607,611 $631,168 Track and power rental................ 856 3,718 I,11g Earnings from other sources............ 7,447 8,593 36,650 GEOSS: INCOME, we ihe ooat Soke Bes 615,686 619922 668,937 General, EXPENSeS..6. 60s see Fae ise 58,312 53,406 74,192 Conducting transportation.......... 375,637 177,124 209,853 Maintenance of way and structure s ‘* equipment....... t TREO £96,908 193,802 Total operating expenses..............- 355,855 361,438 417,847 Net operating revenue...............-. 259,831 258,484 251,090 Interest on funded debt s.c oc os ox 8 a Sag - ‘“* unfunded debt........ E22 ,DOd (F23:450-, L228 TARES wisnnhinie-oed Deals taksim base es 42,560 48,325 47,971 Net incom@svscce essen Gewaliecieeaies 1944467 86,713 78,878 Dividends: paidis: 2+ suscoue acess nies 68,969 74,313 Surplus: oss44 2645 teen teen teens 94,467 17,744 4,565 Profit and loss adjustments............. 47,691 14,843 Total surplus account...... .... ee ee eee 46,776 49,677 54,242 Operating expenses p. c. of earnings.... 57.8 STATISTICS OF TRAFFIC. Year ending June 30, IQII. Igi2. Passengers carried... 1.2... 0... 0c ee eee eee 11,620,697 Cay ies PNG. 6 eked ete Hes Ce Raed as 1,991,114 1,983,576 SE TNO WES! rita cies ioe niall Netto ce ect 2b ate neues 121,120 120,062 BALANCE SHEET.—Dated June 30, 1913. ASSETS, Total property invest. .$4,994.734 LIABILITIES. Capital stock, pref.....$ 397,200 Cash in Wanksvees« 46,612 ““ “common. 2,025,000 Accounts receivable ... 9,916 Funded idebto. a.sc.cau. 2,460,000 Prepaid insurance..... 3,637 Notes payable held by Gen. mater'!| & supplies 113,781 B. & W. Elec. Cos... 175,000 Coal saciseans ere ke Renee 5.415 Accounts payable...... 26,423 Discount on bonds..... go,500 Int. accrued but not due 45,000 Taxes ‘“‘ en o 34,066 Preferred stk., prem... 39,720 Preferred div. reserve.. 7,944 Profit and loss (surp.).. 54,242 Tiotallicn2uoe dik ateeees $5,264,595 POtal weds bss $5,264,595 TRACK AND EquipMEenT.—Miles of track (electric) owned, 82.58; miles of track owned and operated, 83.17; 75 motor cars, 3 other cars, 14 snow plows. Orricers.—Pres. Wm. M. Butler, 77 Franklin St., Boston; V. Pres. A. E. Childs, Boston; Sec. & Treas. Geo. A. Butman, 77 Frank- lin St., Boston; Audr., Gen. Pass. Agt. & Ticket Agt. A. E. Stone, So. Framingham; Gen. Mgr. & Pur. Agt. E. P. Shaw, Jr., So. Fram- ingham; Claim Agt. G. Murchie, 77 Franklin St., Boston; Elec. Engr. F. L. O'Bryan, So. Framingham; Engr. Pwr Sta. C. B. Smith, So. Framingham, Ch. Inspct. E. Stuart McLean, So. Framingham; Road- master, Jos. Johnson, Framingham. Directors.—Albion R. Clapp, Wm. M. Butler, Arthur E. Childs, Chas. C. Peirce, P. W. Sprague, J. J. Whipple, Geo. A. But- man, Jas. F. Shaw, Jas. F. Bacon, Sam’l Farquhar, Chas. Hayden, Chas. B. Smith. GENERAL OFFICE, 77 Franklin Street, Boston, Mass.; power station at Framingham; sub-stations and repair shops at Westborough, Wellesley Hills and Marlborough, Mass. — Roston & Maine Railroad.—This steam railroad corporation, besides its large steam mileage, operates two electric street railway branches, the Portsmouth (N. H.) Electric Ry., with 22.74 miles of track, of which 19.24 is owned and 3.50 leased, and the Concord & Manchester (N. H.) Electric Branch, with 30.72 miles of track, leased. It also controls the Conway (Mass.) Electric Street Ry. having 6.50 miles of track. Boston & Maine trains are operated by electricity McGRAW ELECTRIC RAILWAY MANUAL MaSsACHUSETTS through the Hoosac Tunnel, about 22 miles measured as single track having been electrified, 9% of which are within the portals of the tunnel, the remaining covering approaches and yards. Orvicers.—Pres. Morris McDonald; V. Prests. W. J. Hobbs and B. Campbell; Gen. Audr. S. H. McIntosh; Clerk, A. B. Nichols ; Treas. H. E. Fisher; Elec. Engr. F. D. Hall. GENERAL OFFice, Boston, Mass. — Bristol & Norfolk Street Railway Co.—Chartered in Massa- chusetts in 1903, and is successor by purchase to the Stoughton & Randolph Street Ry. and the Easton Street Ry. Connects Stoughton and Randolph. Annual meeting second Tuesday in Jan. CaprraL Srock, authorized and outstanding, $100,000. Funpep Drpr.—First mortgage 5 p. c. bonds, authorized $75,000, outstanding $70,000. OpERATION.—Year ended June 30, 1913. Total uperating revenue, $14,435; total operating expenses, $14,263; net operating revenue, $172; taxes, $254; deficit, $82; other income, $57; deficit, $25; interest, $3,466; deficit for year, $3,491. Track AND EquipMEn’.--Miles of track, 6.573; 7 single truck passenger motor cars, 1 freight and express motor car, 2 service cars, I storage battery car. Orricers.—Pres. & Treas. Henry A. Belcher; Sec. & Audr. R. Leslie Ryder; Supt. & Pur. Agt. E. W. Clapp. Direcrors.—Henry A. Belcher, R. L. Ryder, E. H. Ruby, E. W. Clapp. GENERAL OFFICE, 85 Devonshire St., Boston, Mass. BROCKTON. Population in 1900, 40,063; in 1910, 56,878. Brockton & Plymouth Street Railway Co.—Chartered in Nov., 1899, in perpetuity. On Nov. 12, 1900, the Pembroke Street Ry. Co. and the Plymouth & Kingston Street Ry. Co. were consoli- dated with the company. Lines connect Plymouth (12,141), Whit- man (7,292), and Brockton. Estimated population served Jan. I, 1914, 26,600. Franchises not limited in time. Managed by the Stone & Webster Management Association. Annual meeting first Wednesday in Nov. CarrraL Srock.—Common, authorized and outstanding, $295,000; preferred, 6 p. c. cumulative, authorized and outstanding, $110,000 (redeemable at 112 and preferred as to dividends and in case of liquidation) ; par value, $100 per share. Divipenps.—On preferred, initial dividend, 3 p. c. paid Sept. 15, 1909, and same amount semi-annually since to and including Sept., 1913. FuNbDED DeEbr.—First mortgage 4% p. c. gold coupon bonds, authorized $300,000, outstanding $260,000; reserved to retire P.& K. Street Ry.’s bonds, $35,000; dated Dec. 1, 1900, due Dec. 1, 1920; int. payable June 1 and Dec. 1 at Old Colony Trust Co., Boston, Mass., trustee. OrERATION.— Year ended June 30, -—— Dec. 31-- IgII. Igi2. 1913. Earnings from passengers.............. $110,822 ‘“* other sources................. 9,879 Gross income.......- 0. .....e.e ee eeee es 120,701 $120,008 $124,403 General. expenses. cisvniussecaeaes 20,407 PT AH Gs. 2-36-00 8% Ba Bark ¥ boven Meee Becacidcess 2,412 Operation of cars................ Cost Of POW Ei oce.5 tesisneesd ae Reacts 42,853 Maintenance of way and structure... 6,246 aoe “ equipment......... 12,475 Operating expenses.................... 84,393 {90,872 498,727 Gross income less operating expenses... 36,308 29,136 25,676 Intérestuon: bonds 244 werciseaeiece nas 11,700 o ‘“ unfunded debt.......... 1,663 12,554 73,044 MEARE S 3 y vic rensedion san ceca eels aa tahe 4s 5,480 Net income REPRE LA EA GA ie aa eee 17.405 16,582 12,632 Diviid dss esc dcsurw speieis! desvscravara: 4d claibeegesnoac a 6,600 6,6co 6,600 SUEPIWS: LOM VEAL 2 dd scaeernieavonmapans aa 10,865 9,982 6,032 Total surplus account..............0005 26,568 P. c. operating expenses to earnings.... 70.09 + Includes taxes. TRACK AND EquipmEent.—Miles of track (electric), 24.4; 26 pas- senger motor cars (one of which is leased from the Blue Hill Street Railway Co.) and 8 other cars. Orricers.—Pres, J. D. Thurber, Plymouth, Mass.; V. Prests. C.K, Litchfield, Plymouth, Mass., A. Stuart Pratt, Boston, Mass.; Clerk, William T. Crawford, Boston, Mass:; Treas. H. B. Sawyer, Boston, Mass.; Gen. Mgrs. Stone & Webster Mgt. Assn., Boston, Mass.; Mgr. H. F. Eaton, Plymouth, Mass. MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 109 Directors.—Henry G. Bradlee, Russell Robb, E. S. Webster, Chas. S. Davis, C. A. Stone, A. Stuart Pratt, Boston, Mass.; W. E, Damon, J. D. Thurber, C. I. Litchfield, Plymouth, Mass. GENERAL OFFIce, Powrr STATION AND REPAIR SuHops, Plymouth, Mass. Office of General Managers, 147 Milk St., Boston, Mass. BROOKFIELD. Population in 1900, 3,062; in 1910, 2,204. Warren, Brookfield & Spencer Street Railway Co.—Chart- ered Mar., 1896, and commenced operation on June 29, 1896; connects Warren, West Warren, Brookfield, West Brookfield, North Brook- field and Spencer. On application of the International Trust Co. of Boston, trustee, Thomas T. Robinson, of Boston, Mass., was ap- pointed receiver in 1912. CaPITAL Stock, authorized, $220,000, issued, $150,000; par $100. FunpED Desr.— First mortgage 5 p. c. gold coupon bonds, authorized and issued, $125,000; dated Nov. 1, 1896, due Nov. 1, 1916; int. payable May and Nov. at International Trust Co.. of Boston, trustee; from Nov. 1, 1899, sinking fund of $2,000 per annum. Receiver’s certificates, authorized $30,000, outstanding $20,000. OPERATION.— g mos. end. June 30, —Yr.end. June 30— IgIo. IQIl. IQI3. Earnings from passengers................ $36,611 $57,762 $52,198 a OLNET SOULCES se eiesy Bis ale oss yas 257 O71 592 Gross income........... Sema adA nee wa aR ee 36,868 58,433 52,790 General. expenseésic ox cncaaies youske ses 3,270 3,865 +5,264 Opératiomof Carssccoc eas eee es 12,445 Cost Of POWER euicuensatiesctrewsaa 78,5036 25,789 22,770 Maintenance of way and buildings..... 2,875 7,056 15,338 ue © SO QUIPME NE sails. oss wer scsce 3,091 6.978 5,131 Operating expenses...................005 30,244 43,688 48,503 Gross income less operating expenses..... 6,624 14,746 4,287 Interest on funded’ debt.............. 4,688 6,250 #s “floating debt............. 2,752 3,004 389 RAKES core vases steals area saa via anrosatone aera eens 1,378 2,016 1,658 Other ded wetionSe soe cas cd iwesenys I,500 1,000 Reserve and special charges.......... 2,500 Sinking: fu Wels ccc een eidecre santas ee 189 NEE NC OME 5.4 ciidreieniesund airs euammataveows *3 883 *o5 2,240 Total.surplus account «0.6 <6 6 eeiewres 22,572 19,773 P. c. operating expenses to earnings.. ... 89.03 74.76 91.87 * Deficit. + Includes $485 traffic expenses. STATISTICS OF TRAFFIC. gmos ending June 30, —Yr.end. June 30 IQIO. IgIl. 1gI3. Revenue passengers carried............. 630,860 919,348 877,594 Revenue car miles run.........----.000- 219,574 319,720 271,993 Gross receipts per car mile...........+--- $.167 Operating expenses per car mile.......... -137 TRACK AND EquipMENT.—Miles of track (electric), 20.1; 17 motor cars, 2 other cars, 2 snow plows. OrFicers.—Receiver, Thomas T. Robinson, 200 Devonshire St., Boston, Mass.; Supt. & Pur. Agt. Henry Clark, Brookfield, Mass.; Ch. Engr. Power Station, C. G. Weare, Brookfield, Mass.; Mast. Mech. F. W. Chase, Brookfield, Mass.; Roadmaster, F. Eastman, East.Brookfield, Mass.; Park Mgrs. Bashaw & Bazata, East Brook- field, Mass. Direcrors.—David Bruce, Robt. Redford, Lawrence, Mass.; Ewen R. McPherson, Cambridge, Mass.; A. G. Van Nostrand, Aug. Nickerson, Boston, Mass.; N. Sumner Myrick, Canton, Mass. GENERAL OFFICE, POWER STATION AND REPAIR Suoprs, Brookfield. CANTON. Population in 1900, 4,132; in 1910, 4,797. The Blue Hill Street Railway Co.—Chartered July 21, 1899, in perpetuity. The Milton Street Railway was consolidated with this road on Aug. 18, 1903. Annual meeting third Wednesday in Oct. Operates an electric railway from Mattapan through Milton (7,924) to Canton and Stoughton (6,316), and connects with the Boston Elevated Ry. at Mattapan. At Stoughton it connects with the Bristol & Norfolk and Bav State Street Railways for the Southern Massa- chusetts district. Franchises not limited in time. CAPITAL STOCK, authorized and outstanding, $300,000; par value, $100. Funpep Desr.—First mortgage 5 p. c. gold coupon bonds, author- ized $500,000, outstanding $250,000; dated Oct. 1, 1903, due Oct. 1, 1923; int. payable Apr. 1 and Oct. 1 at Old Colony Trust Co., Boston, trustee. Callable as a whole on any interest day at r15 and interest. OPERATION.—Year end. June 30, -——Dec. 31,— IgII. IgI2. 1913. Earnings from passengers................4 $88,158 ie iS Othek SOURCES iw Gaceiin ass 4,689 GrosstincomMe s+. Hees caw a cee Saale ee ras 92,847 $93,222 $95,656 General expenses... .iccc. .sneas s eres « 11,898 Arame’s bas: widens Ane ein ie ean 74 Operation! Of Carsis veiw ueiadesaee a t COStOl POWER cosy bie ines Ggnenrereeeren es 35,636 Maintenance of way and structures... 6,715 me equipment........... 4,211 Operating expenSes......... 2... cee eee e ee 58,534 166,045 +66,769 Gross income less operating expenses..... SA3IS 27,177 828.889 Interest on funded debt.............. 12,500 } Other interest and discount.......... 10,045 § BOATS: | BB,Ox8 EES pu WAS ta oka ei RAEN RO 3,000 Net GuCOmen. 34 117,500 119,172 122,549 Freight, etc., 6 se eee ee eee ee eee 2,986 3,182 4,359 Average revenue per car mile........ $.277 $.274 $.288 Operating expenses per car mile...... -174 185 BALANCE SHEET.—Dated Sept. 30, 1913. ASSETS. LIABILITIES. Cost of road and equip.$1,558,048 Capital stock.......... $450,000 (GAS ciavee ealieear a ced jee ensted 81,380 Funded debt........... 400,000 Accounts receivable.... 10,012 Loans.......-+. s+eeee 789,000 Prepaid accounts...... 5,767 Accrued interest....... 9,536 ial and supplies. . 49,045 . LPO ak teKo en 2,979 pereooon ve - Other accrued accounts 778 Accounts payable 939 Tickets outstanding.... I,421 Profit and loss (surplus) 49,599 FP Otel say ances eheses oe $1,704,252 Tho tallics attannvesescsutundays $1,704,252 Track AND Equipment.—Miles of track (electric), 40.85; 55 motor cars, 4 service cars, 3 express cars, 5 snow plows. Orricers.—Pres. & Gen. Mer. Wesley W. Sargent; V. Pres. Her- bert I. Wallace; Sec. Charles F. Baker; Treas. Robert N. Wallis; Claim Agt. II. K. Bennett; Roadmaster, C. N. Glynn. Direcrors.—Herbert I. Wallace, Charles F. Baker, Thos. H. Shea, George N. Proctor, Wesley W. Sargent, W. E. Putney, and Walter B. Clifford, Fitchburg, Mass. GENERAL OrrFice, Fitchburg, Mass.; power sta. and repair shops at South Fitchburg. GREENFIELD. Massachusetts Consolidated Railways.—Formerly the Massa- chusetts Northern Railways, which was formed in Massachusetts in I9II as a voluntary association, and acquired control as of Nov. 21, 1911, of various electric railways. Name changed as above April 30, 1913. Owns approximately $489,100 of the $500,000 common stock of the Connecticut Valley Street Ry. Co., all of the $350,000 common stock and $50,000 of the preferred stock of the Northern Massa- chusetts Street Ry., and $227,600 of the $235,000 stock of the Concord, Maynard & Hudson Street Ry. Co. CAPITAL Svock, authorized $1,100,000 preferred shares, $60,600 convertible common shares, and $1,640,300 common shares. Against the common stock of the four companies now controlled only $400,000 of preferred is issuable, the balance of $700,000 being issuable only in lieu of cancellation of the convertible common shares or against new securities, and only when net earnings of the subsidiaries are at least one and one-half times the dividend requirements of the preferred shares outstanding and to be issued. DivipEND.—Initial dividend of 1% p.c. paid Feb. 1, 1912, and the same amount quarterly to and including Nov., 1912; preferred shares are subject to cumulative dividends at the rate of 5 p.c. per annum for the first three years, 5% p. c. for the next three years, and then 6 p. c. OPERATION OF SUBSIDIARY COMPANIES.— Year end. June 30, 1913. Total Operating TEVENUE tos see Gee as Ge eo ea eee hot $531,639 Total Operating Ex pensese es scccocactcinpvsara Haavecvie's bese he aetna 363,293 INGEO PEATE TEV EM UE soi snsnece. ta Seuaasl suena cca Ste oa! aay alert che cde 168,346 TCS He St ATG TAR ES i's rere dstarceravg' aa havodstrwesee tieeusnansy eA eAL eC bate snieye 103,770 TDW AA STS iy vistas teat aviidcacscoahatiard a G0 alien eta aca seenioiene Sieaae as 32,918 SUBpIMISHOR Vea tsi scpecete darn ote aaah dnl tate cron Veena 31,658 Orricers.—Pres. F, E. Pierce; Treas. Daniel P. Abercrombie, Jv., Greenfield, Mass. TrusrEErs.—Russell G. Fessenden, Richard M. Saltonstall and Robert L. Warner, Boston; Joseph W. Stevens and F. E. Pierce, Greenfield; E. C. Crosby, Brattleboro, Vt.; and Daniel P. Abercrom- bie, Jr., Greenfield, Mass. GENERAL OFFICE, Greenfield, Mass. CONNECTICUT VALLEY STREET RAILWAY CO.—Form- erly the Northampton & Amherst Street Ry. Co., whose charter and municipal franchises were granted in 1898 in perpetuity. Commenced operation Jan. 22, 1900, in Northampton, Hadley, Hatfield and Am- herst. On Apr. 1, 1905, the Greenfield, Deerfield & Northampton Street Ry. Co. and the Greenfield & Turners Falls Street Ry. Co. were consolidated, and the company increased its capital stock to $490,000 in order to take up the stock of these two companies, In May, 1905, the name was changed to the Connecticut Valley Street Ry. Co. Annual meeting in Oct. Controlled by the Massachusetts Consolidated Railways, which owns a majority of the stock. CariraL Srock.—Conimon, authorized and issued, $500,000; pre- ferred 6 p. v. cumulative, authorized and outstanding $120,000; par value, $100 per share. Preferred stock is convertible into common and has voting power. ; DivipENDs.—On common, 2 p.c. in 1906 and 1907; in 1912, 1% p.c.; ie 1913, 2% p. C.; on preferred, 3 p.c. in 1910; in IQII, 1912 and 1913, pec Funpep Drst.—First mortgage 5 p.c. gold bonds, authorized and eerage $120,000; dated Sept. 1, 1900, due Sept. 1, 1920; de- nom. $1,000; coupon, may be registered; int. payable May and Sept. at Old Colony Trust Co., Boston, trustee. ve e Northampton & Amherst Street Ry. Co.'s first mortgage 5 p.c. gold coupon bonds, authorized and outstanding, $180,000; dated Sept. I, 1900, due Sept. 1, 1920; denom. $1,000; int. payable Mar. and Sept., at Old Colony Trust Co., trustee; subject to call at 105 on and after Sept. 1, 910, on r month's notice. Greenfield, Deerfield & Northampton Street Ry. Co.’s_ first mort- gage 5 p. c. gold coupon bonds, authorized and issued, $150,000; dated July 1, 1903, due July 1, 1923; denom. $500 and $1,000; int. payable Jan. and July at Old Colony Trust Co., Boston, Mass., trustee, Greenfield & Turners Falls Street Ry. Co.’ ‘ y. Co.’s first mortgage 5 p.c. gold bonds, authorized $100,000, outstanding $66,000; dened Tae I, a due June 1, 1916; denom. $500 and $1,000; int. payable June and ec. at Beacon Trust Co., of Boston, trustee; $2,000 bonds, with premium, to be paid annually from 1897 to 1915, inclusive. MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 111 Greenfield & Turners Falls Street Ry. Co.’s consolidated mort- gage 5 p.c. gold bonds, authorized $130,000, outstanding $64,000; _ dated June 1, 1903, due June 1, 1923; denom. $500 and §$1,coo; int. payable June and Dec. at office of Beacon Trust Co., Boston, trustee. OPERATION.—Year ending Sept. 30, —-—June 30,—— ; IgIo. IQII. 1913. Earnings from passengers............ $192,612 $199,332 $221,999 a ; ‘* other sources. ....... 9,128 8,941 15,051 Gross INCOME sis esis we aveniaenea ves 201,740 208,273 237,050 General expenses................ 15,768 17,791 20,604 Traffic expenses........... 0.00. 5,259 Operation of cars.............. Cost of power...........000 00. 975133 90,469 96,761 Maintenance of way and bldgs.... 13,418 13,425 14,490 : a “ equipment....... 9,590 18,415 19,184 Operating expenses.................. 135,909 140, £00 156,298 Gross income less operating expns.... 65,831 68,173 80,752 Interest on funded debt.......... 31,667 28,333 29,000 . or “* unfunded debt........ 3123 2,667 7,600 MAR SS te 26 tesc th ole lana vane ohne age cafeeelaet 4,811 8,750 9,669 Other deductions................ 693 278 Niet MInGOMei..n5 sanctus arenes ae tneiens 25,537 28,145 34,483 Dividends paid. ................0.00. 2,445 6,045 19,682 Surplus: for year. < cso scawe seas ea nies 23,092 22,100 I4,801 Profit and loss adjustment........... 6,320 45,870 Poetal-surplusis.%csnan sicex ws Gk 48,916 10,978 32,820 P. c. operating expenses to earnings.. 67.38 67.27 65.94 STATISTICS OF TRAFFIC. Year ending Sept. 30, ———— June 30, IgIo. IQII. 1913. Revenue passengers carried........ 3,483,373 3,020,439 4,155,457 Transfer ae ee Passings 91,490 94,787 ‘74,846 Revenue car miles run...........-. 791,848 795,138 820,916 Gross receipts per car mile......... $.256 $.262 $.288 Operating expenses per car mile.... -I7I 177 «IQ! TRACK AND EQUIPMENT.—Miles of track (electric), 47.054; 46 motor cars, 4 work cars, 3 snow plows. Orricers.—Pres. F. E. Pierce; Sec. & Treas. D. P, Abercrombie, Jr.; Audr. J. W. Donovan; Supt. & Pur. Agt. J. A. Taggart; Engr. C. W. Clapp, 102 Main St., Northampton, Mass.; Engr. Power Sta- tion, H. Whittier, Hadley, Mass.; Elecn. & Mast. Mech. Chauncey Cameron, Greenfield, Mass. GENERAL OFFICE AND REPAIR SHOPS, Greenfield, Mass. stations at Millers Falls, Greenfield and Hadley. HAVERHILL. Population, in 1900, 37,175; in 1910, 44,115. New Hampshire Electric Railways.—A voluntary associa- tion, succeeding the New Hampshire Traction Co. Aug. I, 1905. Annual meeting second Tuesday in Sept. It owns all of the capital stock of the following companies, also all their bonds except $84,000 of the Dover, Somersworth & Rochester Street Ry. Co., $49,000 of the Amesbury & Hampton Street Ry. Co. and $230,000 of Citizens’ Electric Street Ry. Co.: In New Hampshire; Dover, Somersworth & Rochester St. Ry. Co.; Rockingham County Light & Power Co.; Granite State Land Co.; in Maine: Kittery Electric Lighting Co. In Massachusetts: Massachusetts Northeastern St. Ry. Co. CaprraL Srock.—Common, authorized $4,000,000, issued $3,900,- Power 000; 4 p. c. non-cumulative preferred, authorized $4,000,000, issued | $3,400,000. Divipenps.—On preferred, from July, 1908, to and including Jan., 1910, 1 p.e., paid each January and July; from July, rg1o, to Jan.. 1912, at 3 p. c. per annum, July, 1912, and thereafter, at 4 p.c. per annum. Orvicers.—Pres. D. A. Belden, Haverhill, Mass.; V. Pres. M. N. Buckner, New York City; Sec. & Treas. F. J. Horne, New York City. ss eauanaeti es F. Ayer, Lowell, Mass.; Otto T. Bannard and F. J. Horne, New York City; D. A. Belden, Haverhill, Mass.; Alfred D. Foster, Boston, Mass. TrusTEE.—New York Trust Co., New York City. GENERAL OFFICE, 50 Merrimac St., Haverhill, Mass. MASSACHUSETTS NORTHEASTERN STREET RAILWAY CO.—Formerly the Haverhill & Southern New Hampshire Street Railway Co. In April, 1913, acquired the properties of the following street railways: Seabrook&Hampton Beach St.Ry. Haverhill, Plaistow & Newton St. Lawrence & Methuen St. Ry. Haverhill & Amesbury St. Ry. Haverhill & Plaistow St. Ry. Amesbury & Hampton St. Ry. Ry. Hudson, Pelham & Salem St. Ry. see | Citizens’ Electric St. Ry. Lowell & Pelham St. Ry. Canobie Lake Co. The above roads connect Haverhill, Methuen, Lawrence, Lowell, Dracut, Merrimac, Amesbury, Salisbury and Newburyport, Mass.; and Seabrook, Hampton, Portsmouth, Dover, Somersworth, Roches- ter, Exeter, Salem, Hudson, Pelham and Nashua, in N. H. CapiraL Srock, common, $1,500,000; preferred 6 p. c. cumu- lative, $665,000. FunpEep Dresr.—Twenty-year 5 p. v. mortgage bonds, authorized $2,000,000, outstanding $1,000,000. OvERATION.— Year ended June 30, 1913. Revenue from paSSengers........ eee cece ete eee eee $670,615 ; ‘ ‘other operating SOUrCES... 6. eee e ee eee eee ee “15,091 Total operating reVeNUC.... cee cee ee eee ee eee teen eee 685.706 ne *% EXPENSES shi) ¥ sve scare araierpuaierercnaiielendvacongi'y AE = ail 533,819 TOA) FEU Ve VERN ccu cee e ek yay e eR Ea Os RPE CEG RERC HERA EOa 151,887 PAX CS: ac gaceae Whee Ginennt Amaroni Mae dads Scan ERE Mtns GE Oreaire Geis 14,847 TRCOPES scx 05 64 ak FRE MOOSE EES RY OA RE eA SERS BS 105,470 Net Givisiple TCG osc ca okie hee 4a eX LASERS OR A AS 31,570 RESOVUEE. 04 oad ano ta eed OE Ria DE DERASLS ARN SEO oR DHEA WE 27,914 Surplits fon -yeatiaascs son bx dccecpe eyhaavecgaralot eine nck Seniesa fous 3,856 Operating expenses p. c. Of earningS...... 6... cece eee eee 77.85 TRACK AND EQuipMEN?T.—Miles of track (electric), 126; 153 motor cars, 17 snow plows. Orricrers.—Pres. D. A. Belden; V. Pres. & Gen. Mgr. Franklin Woodman; Treas. Frederick E. Webster; Claim Agt. H. B. White- house. HOLYOKE. Population in 1900, 45,712; in 1910, 57,730. Holyoke Street Railway Co.—Chartered June 11, 1884. Annual meeting third Tuesdayin Jan. OnJune 1, 1897, leased Mt. TomR.R. for 25 years, at an annual rental equivalent to 6 p.c. dividends on $100,000 capital stock. On Mar. 31, 1907, acquired control of the Amherst & Sunderland Street Ry. Co., which, on July 31, 1907, was consolidated with the Holyoke Street Ry. Co. On June 30, 1907, absorbed the Hampshire Street Ry. Co. The company’s lines con- nect Holyoke with South Hadley and with Chicopee (pop. 25,401). Through cars of this company are run to Springfield (83.926), North- ampton (19,431), and Westfield (16,044). CariraL Stock.—Common, authorized and outstanding, $1,342,- 000; par value, $100 per share. DiviDENDs.—On common, 6 p. ¢c. in 1890 and 1891 and 8 p. v. per annum from 1892 to Jan., 1914, inclusive. FuNDED Dexsr.—Debenture 5 p. c. coupon bonds, authorized and issued, $250,000; dated Apr. 1, 1895, due Apr. 1, 1915; denom. $roo, $500 and $1,000; int. payable Apr. r and Oct. 1 at Holyoke National Bank, of Holyoke. Debenture 5 p. c. coupon bonds, authorized and issued $85,000; coupon, but may be registered; dated Oct. 1, 1900, due Oct. 1, 1920; denom. $100, $500, and $1,000; int. payable Apr. and Oct., at Holyoke National Bank. Debenture 5 p. ¢. coupon bonds, authorized and outstand- ing, $265,000; dated Apr. 1, 1903; due Apr. I, 1923; denom. $100, $500 and $1,000; int. payable Apr. and Oct. at Holyoke National Bank, OvERATION.— Year ended June 30, IQIl. Igi2. 1913. Earnings from PasSeNgers...........6-. $535,821 $565,227 $597,968 us ‘“* freight and express...... 12,003 9,264 9,714 ees Sh - OtHeT SOUTCES wi4i6.5 sssnervoinies 9,591 3,716 8,863 (STOR: CACOTIE Ui 43 skeen te eee ca ee 557,415 578,207 616,545 General expenseS...............06. 45,734 53.916 77,354 ‘Traffic €xpensestor<.. cvcitonectarg oss 73,787 254 Operation of cars............00005 142,053 Cost Of power: svs.s 2654 Gauenroee oe 64,514 f 151,196 237,577 Maintenance of way and buildings... 91,056 67,361 66,182 it “ equipment......... 53,616 64,341 52,732 Operating expenses............. bgeeinl svete 396,973 410,601 434,099 Gross income less operating expenses... 160,442 167,606 182,446 Other income (Mt. Tom)............... II,992 8,924 1,168 Totalearnin gs. siac-csa saa eieeatancons 172,434 176,530 183,61 Interest on funded debt............ 30;000 30,000 aos ue “unfunded debt......... 8,024 10,080 10,223 TAKES: iis gies Haenieanlg axle hate echoes ee 44,003 48,555 49,329 B@UIAl oye ese SMe Eee ES ya wes 500 6,000 6,000 Neb MeebINe a nawhazsasaNeeamecewainiss 89,907. 81,895 —-88,062 Dividends: paid isc ciees is cde Avenir 285,888 85,888 85,888 To surplus account........... eevee ee 4,019 *3,993 2,174 Surplus from previous year............. 95,528 91,535 Total surplus account................, 95,528 91,535 93,709 P. c, operating exps. to total receipts... 71.2 70.4 * Deficit. 112 McGRAW ELECTRIC RAILWAY MANUAL MASSACHUSETTS STATISTICS OF TRAFFIC. Year ending June 30, IQII. 1912. 1913. Fare passengers carried........... 10,673,686 11,035,245 11,934,073 Transfers TEdESME. a6, csverininns ace TOSS ;E5O “Ty T3Q;025. .Tj220;T27 Car miles run (passenger)......... 1,992,942 2,076,509 2,056,258 " ’ “(fgt., exp. & mail)... 50,301 30,917 48,256 Car hours (passenger)............ 203,290 207,677 208,965 at ‘\ (freight, express & mail) 6,889 5,778 5,816 Total receipts per car mile......... $.2728 Operating expenses per car mile... «1942 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip- Capital ‘stocks sis sacssry id $1,073,600 MEN bs eeceey Hee lew iar « $2,184,035 Funded debt.......... 600,000 Other permanent invsts. TOANISS ciirn av hue sul emaw ees B12 354 (resort property)..... 67,822 Accrued interest....... 7,500 GAS a cceseueseerte ade 21,894 Other accrued accounts 500 Material and supplies.. 3,850 Insurance reserve..... 16,143 Accident fund......... 50,376 Premiums oncap. stock 235,900 Profit and loss (surplus) 78,548 Total scccsaets dade’ $2,277,601 Potall cidacewedane wise $2,277,601 Track AND EQUIPMENT.—Miles of track (electric), 69.7; 120 motor cars, 27 other cars, 10 snow plows, 2 sweepers and 7 mis- cellaneous. OrFicers.—Pres. Wm. S. Loomis; Sec. & Treas. S. D. Nevin, Holyoke, Mass.; Audr. E. M. Estes, Holyoke, Mass.; Gen. Mgr. & Pur. Agt. Louis D. Pellissier; Supt. G. H. Hunter; Claim Agt. John McDonnell; Ch. Engr. of Power Station, R. F. Blanchard; Elec. Engr. & Mast. Mech. Geo. L. Chapin; Engr. Maint. of Way, Thos. Smith; Park Mgr. Fred Geary. Drrectrors.—Wm. S. Loomis, Louis D. Pellissier, J. G. Mackin- tosh and J. F. Sullivan, Holyoke, Mass.; Frederick Harris and Newrie D. Winter, Springfield, Mass. GENERAL OFFICE AND REPAIR SHOPS, 25 Canal St., Holyoke, Mass.; power stations, Berkshire St., Holyoke,and No. Amherst, Mass. MT. TOM RAILROAD CO.—Chartered June 6, 1896. The road, one mile long, was placed in operation from Mountain Park to the summit of Mt. Tom in May, 1897. Leased to the Holyoke Street Ry. Co. for 25 years, at an annual rental equivalent to a dividend of 6 p. c. on its ($100,000) capital stock. LOWELL. Population in 1900, 94,696; in IgI0, 106,294. Lowell & Fitchburg Street Railway Co.—This company commenced operation on May 31, 1906, from Lowell to a connection with the Fitchburg system at Ayer, Mass. The company also holds franchises for a road connecting Ayer and Concord, Mass. In May, 1g, the entire stock and bonds of this company, which were owned by the Lowell & Fitchburg Flectric Co., and deposited as security for its $550,000 of 5 p.c. collateral trust notes, were sold to the Lowell & Fitchburg Electric Co. bondhoiders’ committee. Bondholders com- mittee dissolved Mar. 29, 1913. CAPITAL STOCK, authorized and issued, $275,000; par value, $100. FunpEep Desr.—First mortgage 5 p. c. gold coupon bonds, auth- orized and issued, $275,000; dated 1906, due Jan. 1, 1926; denom. $1,000; int. payable Jan. and July at American Trust Co., Boston, Mass., trustee. Subject to call at 105 and interest on any interest date. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $57,275; total operating expenses, $37,640; net operating rev- enue, $19,635; taxes, $1,100; other income, $270; gross income, $18,805; interest, $13,752: surplus for year, $5,053. Track AND EquipMENT.—Miles of track (electric), 18; 7 passen- ger cars, 2 service cars, I snow plow and 6 dump cars.. Orricers.—Pres. Wesley W. Sargent; V. Pres. Chas. F. Baker; Sec. & Treas. Robt. N. Wallis; Supt. & Pur. Agt. L. H. Cushing, Ayer; Engr. Power Station, John H. Brown, Forge Village; Mast. Mech. A. Caron, Ayer. Direcrors.—W. W. Sargent, C. F. Baker, G. N. Proctor, T. H. Shea and R. N. Wallis, all of Fitchburg, Mass. GENERAL OFFICE AND REPAIR Suops, Ayer, Mass. at Forge Village, Mass. Power station LYNN. Population in rgto, 89,336. Nahant & Lynn Street Railway Co.—Organized Feb. 15, 1905. Connects Nahant and Lynn. Annual meeting in April. CaprraL Stock, authorized and outstanding, $100,000; par $100. DivipENDs.—In 1913, 8 p. ¢. FunpEp Dersr.—First mortgage 5 p. c. bonds, authorized and outstanding, $100,000. OPERATION. —Year ended June 30, 1913. Total operating rev- enue, $69,586; total operating expenses, $43,167; net operating rev- enue, $26,419; taxes, $2,230; operating income, $24,189; interest, $5,041; other deductions, $2,000; net divisible income, $17,148; dividends, $8,000; surplus for year, $9,148. TRACK AND EquipMenT.—Miles of track, 6.23; 17 passenger motor cars, 2 service cars. OFFICERS.—Pres. , ; V. Pres. Edward E. Strout; Sec. W. H. Southwick, 319 Union St., Lynn, Mass.; Treas. Clifton Colburn, 38 Exchange St., Lynn, Mass.; Gen. Mgr. & Supt. Jas. E. Dozier. Direcrors.—Clifton Colburn, W. B. Littlefield, Geo. A. Breed, Fred. E. Baker, Jos. E. Hoyt, all of Lynn, Mass.; E. E. Strout, W.H. Southwick, Nahant, Mass.; Edwin R. Hoag, Chelsea, Mass.; Arthur G. Walton, Wakefield, Mass. GENERAL OFFICE, foot of Washington St., Lynn, Mass. MAYNARD. Population in 1900, 3,142; in 1910, 6,390. CONCORD, MAYNARD & HUDSON STREET RAILWAY CO.—Organized Mar. 27, 1901. Annual meeting last Monday in July. This road connects Concord, Maynard, South Acton, West Acton, Stow, Gleasondale and Hudson. Absorbed on Aug. 25, Igit, the Lowell, Acton & Maynard Street Ry. Co. Controlled by the Massa- chusetts Consolidated Rys. CAPITAL STOCK, authorized and issued, $235,000; par value, $100. DivipEenps.—In 1919, Oct., I p. v.; Ig1I and 1912, 3 p. c.; none in 1913. FunpED Drsr.—First mortgage 5 p.c. gold bonds, authorized and issued, $230,000; dated July, 1902, due July, 1922; denom. $1,000, coupon and registered; int. payable Jan. and July at American Loan & Trust Co., Boston, Mass., trustee of the mortgage. OpeRATION,—Year ending June 30, 1913. Total operating rev- enue, $73,551; total operating expenses, $49,948; net operating rev- enue, $23,603; taxes, $3,013; operating income, $20,590; interest, $13,006; surplus for year, $7,584 TRACK AND EquipMENT.—Miles of track (electric), 19; cars, I work car, 2 snow plows. OrFicers.—Pres. F. E. Pierce, Greenfield; V. Pres. Meldon H. Merrill, Boston; Sec. & Treas. D. P. Abercrombie, Jr.; Audr. Thos. B. Sweeney, Boston; Supt. John A. Taggart, Greenfield; Asst. Supt. F. A. Persons; Engr. C. W. Clapp, Greenfield. Drrecrors.—R. L. Warner, Bowen Tufts, R. M. Saltonstall, Boston, Mass.; F. E. Pierce, Greenfield, Mass.; C. H. Persons, Maynard, Mass.; M. H. Merrill, J. K. Hall, R. E. Goodwin, R. G. Fessenden, Boston, Mass.; Benj. Derby, Concord Junct., Mass.; W.R. Dame, Clinton, Mass.; E. C. Crosby, Brattleboro, Vt.; D. P. Abercrombie, Jr., Greenfield, Mass. GENERAL OFFICE, POWER STATION AND REPAIR SHOPS, nard, Mass. MILFORD. Population in 1900, 11,376; in IgI0, 13,055. MILFORD, ATTLEBORO & WOONSOCKET RAILWAY CO. —This road was placed in operation between Franklin and Woon- socket, Oct. 1, 1899, connecting with the Milford, Holliston & Fram- ingham road. Annual meeting first Friday of Nov. It is controlled by the New England Investment & Security Co. CAPITAL STOCK, authorized and issued, $315,000; par value, $100. DivipENDS.—in 1905-1906, 2% p. c.; 1906-1907, none; 1907-1908, 4 p.c.; 1908-1909, 4 p. C.; TQOg-1910, NONE; IQIO-IQII, 3 p. C.; Ig12— 1913, 6 p.c. Funpep Derst.—First mortgage 5 p.c. gold, coupon bonds, authorized and issued, $300,000; dated Oct., 1899, due Oct. 1, IQIQ; denom. $1,000; int. payable Apr. and Oct. at the Old Colony Trust Co., Boston, Mass., trustee. These bonds can not be called. 16 motor May- OpERATION.— Year ending June 30, _ IgIt. IQI2. 1913. Revenue from passengers............. $100,971 $101,368 $106,537 a ‘{ @XPI€SS wees eee eee 748 1,744 1,596 af ‘“* light and power........ 3,245 855 5,487 “ i other operating sources. 2,142 1,795 2,078 Total operating revenue............... 107,106 105,762 115,692 Genetal’ expenses. 22% sie. se eae 9,459 9,597 9,902 Transportation expenses........... 42,253 50,539 45,009 Traffic Ota QA RR aS te te hl see ace 113 29 145 Maint. of way and buildings........ 14,057 11,749 12,343 “ “equipment............... 8,528 14,047 6,996 Total operating expenses.............. 74,410 85,961 74,395 Net operating revenue................. 32,696 : 19,801 All other incomes::< 6. os sccnuseawe ees Go oe a Total. net: revenue. : a. assrepes ees tae 84 33,298 20,514 42,226 Interest on funded debt............ 12,500 2,722 15,000 as Sarmfund 6d). ie eacnceaiea 3,300 3,030 279 WARES see's 2b bce OTRAS Gent eeieoniniavecs 5,691 2,586 3,995 Net-divisible inCOmes 4 cess me dacesoe ss oa 80 2,176 : PASTE secs Ait oactsasaceeniet cigtss aut oe en Surplus for year............ eee eee eee 2,357 2,176 4,052 Surplus from previous year............ 25,300 25,272 27,590 Profit and loss adjustment............. *2,385 142 *4 Joel SUT DIUSi yak sss wea cenicatia sacs 25,272 27,590 31,638 . &. Oper. expenses to earnings........ 69. 81. eho g 9.47 1.28 64.3 MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 113 STATISTICS OF ‘TRAFFIC. BALANCE SHEET.—Dated June 30, 1913. Year ending June 30, IQII. IQI2. 1913. ASSETS. LIABILITIES. Fi i cee ,000 pate oe a Chee SAS Cmte 2,050,391 2,056,906 2,162,311 ect . Sie oe ee Cap. stock, pietenned $440 pes ransfers redeemed................. 15,005 15,982 16,266 tee oon : a ors Car miles run (passenger)............ 451,016 442,812 430,146 ae a and. pale 233,858 ee Eee a (freight, exp. & mail)... 1,597 1,697 9,571 GS, CLC... sss ee eee ; : Car h Parks and resort prop- Accounts payable...... 30,314 oT ae (passenger Cae ee 36,575 36,243 35,828 OP og ewan in tne we 29,703 Maturedinterest....... 12,500 Grcight, express and mil). 315 133 1,121 | Cash and cash assets, Accrued liabilities... .. 9,912 BALANCE SHEET.—Dated June 30, 1913. includ.suppl.on hand 36,409 Sepa ine vats | i 4 Jee ASSETS, LIABILITIES. = Profit and loss (surplus Be 3,27 Cost of road & equip... .$604,469 Capital stock ............8315,000 Totals teyelanesueaatates $1,131,013 Totalissworeniae seed $1,131,013 Bonds of other cos...... 20,000 Funded debt............ 300,000 “ Other perm. investments. 28,669 Loans.................- 5,000 TRACK AND EqQuipMENT.—Miles of track operated (electric), 50; Cash ste eeeeeeeeeseeees 13,046 Accrued interest......... 3,865 | owned, 35.9; 45 motor cars,4 service cars, 8 snow plows and 2 other cars. Bills & accounts receivble 12,959 _ ‘* — taxes........... 2,926 Orricers.—Pres. Jno. T. Manson; Sec. & Claim Agt. Wendell Material and supplies.... 4,948 Bills & accounts payable. 11,191 | Williams; Treas. James E. Walker; Audr. H. Tilden; Supt. & Pur. Prepaid accounts........ 506 Other liabilities......... 15,203 | Agt. Walter L. Adams, Milford, Mass.; Engr. Power Station, F. Other assets............ 226 Profit and loss(surplus).. 31,638 | Daniels; Mast. Mech. F. Bethel; Engr. Maint. of Way, H. Rogers. “ae Pe .—Jno. T. WE, , Joel A. S ; TOtal wisn a cs eaneayinces $684,823 Total... ........ 0... 684,823 OE SOs eee eee ee Pee TRACK AND EQuipMEeNT.—Miles of track (electric), 28.54; 31 motor cars, 2 snow plows. OFFICERS.—Pres. J. T. Harmer, Springfield, Mass; V. Pres. E. N. Sanderson, New York, N. Y.; V. Pres. C. V. Wood; Clerk, F. P. McIntyre; Treas. L. Candee; Audr. J. W. Jamieson, Springfield, Mass.; Gen. Mgr. H. C. Page, Worcester, Mass. _Direcrors.—Leverett Candee, J. T. Harmer, F. P. McIntyre, Springfield, Mass.; Henry C. Page, Worcester, Mass.; E. N. Sander- son, New York, N. Y. GENERAL OFFICE, Massachusetts Mutual Bldg., Springfield, Mass.; power station and repair shops, Unionville, Mass. Milford & Uxbridge Street Railway Co.—Organized in June, 1g00, to construct an electric railway from Milford, connecting with the Milford, Holliston & Framingham Ry. at Hopedale, through Men- don and Wheelockville to Uxbridge. Operation commenced Dee. 20, 1g0I. On July 10, 1902, the Milford, Holliston & Framingham St. Ry. Co. was absorbed by consolidation. The road connects Milford with Framingham (12,948), Holliston (2,711), Hopedale (2,188), Mendon (880), Uxbridge (4,671), Hopkinton (2,452) and Medway (2,696). Annual meeting last Tuesday in October. CaPITAL STOCK.—Common, authorized $441,500, issued $440,- 000; preferred, authorized and outstanding, $100,000; par value, $100 per share. DivipENDs.—On common stock in 1903, 6 p.c.; in 1904, 1% p.c.; 1997, 3 p. c.; 1908, I p.c.; 1909, 3 p. C.; IQIO, 4 p.c.; IQII, 6 p.c.; IgI2, 5% p. c.; in 1913, 5 p. c.; on preferred, IgII, 34% p. c. on $88,000, 2 p. c. On $100,000; Ig12 and 1913, 6 p. c. FunpDED Dexst.—First mortgage, 5 p.c. gold bonds, authorized and issued, $335,000; dated 1902, due Jan. 1, 1918; denom. $1,000; coupon, but may be registered; int. payable Jan. and July at office of American Loan & Trust Co., Boston, Mass., trustee of the mortgage. Milford, Holliston & Framingham Street Ry. Co.’s first mortgage 5 p. c. gold bonds, outstanding, $165,000; coupon, but may be regis- tered; dated 1898, due Jan. 1, 1918; denom. $1,000; int. payable Jan. and July at American Trust Co., Boston, trustee. OPERATION.— Year ending June 30, IgII. Igi2. 1913. Earnings from passengers............. $189,756 a other SOUICES... 6. eee eee eee eee 22,096 Gross: JNCOMEs..saa-sbe eo Teena wocieraeines 211,852 $218,661 $223,336 General expenseS..... 0... cece eeeee 20,559 25,539 38,134 Traffic ter | esaballadisaalegsasaunnentee age 297 797 Transportation expenses.............45 84,772 86,297 86,882 Maintenance of way and structures. 20,914 22,722 15,459 a ‘“* equipment......... 17,495 15,759 14,426 Operating ExpenseS.........eeee ee eeeee 143,740 150,614 155,698 Gross income less operating expenses... 68,112 68,047 67,638 Interest on bonds.........0.0...05- 23,937 25,000 25,000 ae ‘« unfunded debt.......... 4,592 199 589 TAXES sais tiaras ecrawne + Ged Sis releases & 8,351 9,991 12,262 Other deductions... .........e000ee 1,230 *3,639 OT, Net incomésiéecscasoedas estes eas 30,002 29,218 29,470 Dividends paid.............+ee.eee v2. 29,920 27,000 28,000 Surplus for year...... esse eee eee eee eee 82 2,218 1,470 Surplus from previous year............ 27,573 29,791 29,791 Profit and loss adjustment.........-.... 7,985 Total surplus account...............4- 23,276 P. c. operating expenses to earnings.... 67.84 68.88 69.71 * Park expenses. STATISTICS OF TRAFFIC. : —Yr.end. June 30, 9 mos. ending June 30, 1g10. IQII. IgI2. Passengers carried.......-----.+-+5- 2,362,355 3,795,134 3,882,040 Car miles run... ..... cece eee een eee 527,721 723,613 747,804 Total receipts per car mile............ $.245 $.292 Operating expenses per car mile...... -146 .201 New Haven, Conn.; Sydney Harwood, Boston, Mass.; Jas.E.Walker, Wendell Williams, Milford, Mass.; Geo. A. Draper, Hopedale, Mass. GENERAL OFFICE, Power S'TATION AND Repair SHoprs, Milford. NEW BEDFORD. Population in 1900, 62,442; in 1910, 96,652. New Bedford & Onset Street Railway Co.—Connects Mat- tapoisett, Marion, Wareham, Bourne, Middleborough and Rochester; has absorbed the East Wareham, Onset Bay & Point Independence Street Ry. and the Taunton & Buzzards Bay Street Ry., the latter a reorganization of the Middleboro, Wareham & Buzzards Bay St. Ry. Annual meeting third Thursday in Oct. CAPITAL STock, authorized and issued, $550,000; par value, $100. DivipENDS.—In IgII, Ig12 and 1913, 3 p.c. FunDED DeEstT.—First mortgage 5 p. c. gold bonds, authorized, $500,000, issued, $280,000° dated Jan. 1, 1902, due Jan. 1, 1922; cou- pon, but may be registered; int. payable Jan. and July at Inter- national Trust Co., Boston, Mass., trustee. Not subject to call. Middleboro, Wareham & Buzzards Bay Street Ry.’s first mortgage 4 p. c. gold coupon bonds, authorized and outstanding, $150,0co; dated Oct.r, rgor, due Oct.1, 1921; denom. $1,000; int. payable Apr. and Oct. at Federal Trust ,Co., Boston, trustee. Subject to call on or before Oct. 1, 1906, at 110, thereafter to Oct. 1, Ig1I, at 107%, and thereafter to Oct. I, 1921, at 105 and int. Interest before consolida- tion with this company was 5 p.c. OPERATION.— Year ending June 30, IQII. 192. 1913. Revenue from passengers.............. $115,207 $117,632 $122,187 ee Se freigh tide oh oe wa aoe aes 9,887 II,I47. ‘11,727 of ‘* other operating sources. 10,413 17,734 19,146 GTOSSANCOME «mercies Sem te. eee tees « 135,507. 146,513 153,060 General expenses..............06. 9,249 9,437 11,675 Traffic DES! dh ebesiaibfarlilesh Saaelanebate 612 gI1o Transportation expenses.......... 53,250 60,055 61,605 Maint. of way and structure....... 13,418 15,390 18,031 ah SS CEGUIPMENES saan eeoeen voxtedeears 12,638 15,085 15,680 Total operating expenses. . 88,555 100,579 107,901 Net operating revenue................ 46,952 45,934 45,159 IMtGKeSty panic ea vi denaaianies o seen 20,000 20,000 20,000 TAXES 0424 2 oy ceietreed sa siete 6,506 6,725 8,384 Net divisible income.................. 20,446 19,209 16,775 Te Gi oon Sheep Sipe Oe ewe A Mace 16,500 16,500 16,500 SurplusfOr year seceeitcsoedacewerss. wich es 3.946 2,709 275 Surplus from previous year............ 45,035 43,981 39,826 Profit and loss adjustment............. 5,000 6,864 I,732 TLotal-surplusivincuass aos ase santsce es aet 43,981 39,826 38,369 P.c. oper. expns. to earnings......... 65.35 68.65 70.49 STATISTICS OF TRAFFIC. Year ending June 30, IgII. IgQi2. 1913. Fare passengers carried...... 2,439,240 2,506,415 2,583,157 Transfers redeemed................ 30,334 28,399 Passenger car miles................ 481,835 485,487 503,388 Freight BSE es ag Ne aus liar e NS 23,683 23,266 19,669 Car houys, passen@erians vax sis aasas 37,061 37,021 38,562 me * PREIB ING ie areuasoventseresaes Saat 3,067 3,731 3.544 Total receipts per car mile......... $.268 Oper. expenses per car mile......... vET5 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip- Capital stock............ $550,000 MLS Dba gededea end medvascsouatiace $743,132 Fundeddebt............. 280,000 Other perm. investments 205,862 Accrued int. and taxes.. 7,400 Caslis sxigeins 4 cam anes 8,799 Accounts payable........ 406 Accounts receivable..... 8,712 Outstanding tickets...... 2,052 - / Prepaid accounts....... 892 Sinking fund..... ..... 71,797 Other assets............ 302 Premium account........ 17,675 Profit and loss (surplus). 38,369 Total...........6+2+++ $967,699 Totalaiacsods. Saeunnde $967,699 il4 McGRAW ELECTRIC TRACK AND EQuipMEN?!.—Miles of main line, 36.96; total miles ot track (electric), 43.60; 28 motor passenger cars, 4 service cars, 3 snow plows. Orricers.—Pres. Henry H. Crapo; V. Pres. Elton S. Wilde; Sec. C. A. Cook; Treas. E. F. Nicholson; Supt. & Pur. Agt. Geo. P. Dole, Wareham, Mass. g Drirecrors.—Henry H. Crapo, E. S. Wilde, C. A. Cook, E. S. Brown, Ed. T. Pierce, Thos. S. Hathaway, New Bedford, Mass.; Joseph K. Nye, Fairhaven, Mass.; Oliver Prescott, Jr., Dartmouth, Mass.; John A. Arnold, Pawtucket, R. I. GENERAL OFFIcE, Purchase and William Sts., New Bedford; power station and repair shop, Wareham, Mass. Union Street Railway Co.—Chartered Mar. 18, 1887. Annual meeting first Thursday in Nov. A consolidation of the New Bedford & Fairhaven Street Ry. and the Acushnet Street Ry. Absorbed the Dartmouth & Westport St. Ry. in 1g10. Lines connect New Bed- ford, Fairhaven (5,122), Dartmouth (4,378) and Westport (2,928). CAPITAL STOCK, authorized and issued, $1,625,000; par value, $100. DiIvIDENDs.—In 1892, 5 p. c.; in 1893, 7 p. c.; in 1894, 6 p. c.; in 1895, 4p. c.; in 1896, 8 p.c.; in 1897, 8 p. c. on $350,000 and 2 p. c. on $450,000; in 1898, 6 p. c.: in 1899 to and including 1913, 8 p. c. Funpep Desr.—First mortgage 4% p. c. gold bonds, authorized $2,000,000, outstanding $250,000; dated Jan. 1, 1914, due Jan. 1, 1934; denom. £1,000; interest payable Jan. and July at Old Colony Trust Co., Boston, Mass., trustee. OPERATION.— Year ended June 30, IQII. IgI2. 1913. Revenue from passengers............ $727,731 $844,520 $890,082 we ‘« freight or express..... 21,952 38,588 39,642 e " Other ‘sOurcesvisiasepase 26,702 27,589 30,010 Total operating revenue.............. 770,385 910,697 959,734 Generalexpenses. ¢<.cs0.0cgg20enaeaut< 80,639 81,929 91,794 Trafic expenses 2c wy vie porueentaces 2,199 2,070 Transportation expenses.............. 252,320 308,322 333,550 Maintenance of way and Structures.... 61,551 84,670 80,782 a as equipment........... 39,903 42713 $5497 Total operating expenses............ 434,413 519,833 553,673 Net operating revenue............... 335,972 390,864 406,061 OUROR TOC ORG ins eniee canoe andtasaeon ea eae E778 1,503 Total wet event 2 nck cee dee aoe 337,750 392,367 406,061 Interest on funded debt. ........ 25,000 25,000 25,000 a ‘‘ unfunded debt....... 2,050 3,014 MEAS OS co carcgis eleva tos Jars sptondneeaee aoe st 74,621 79,103 84,305 Rentalsi ais nncw eset weaned 4,035 Other deductions, .4..¢.4.0s3.0%4 02 266: 7,814 8,876 Net divisible income ................ 221,828 278,400 284,865 Dividends: paids.:c6 « siccenereiss ea ae 110,000 130,000 130,000 Tosurplus: ACCOUNE. + s.0.2. 2942644 n188 111,828 148,400 154,865 Surplus from previous year.......... 88,257 200,085 237,549 Debit to profit and loss..........-.... 110,936 301,121 ‘Total:surplus.cncces sick eeeeaye Utes 200,085 237,549 91,293 P. c. operating expenses to earnings.. 66. 40 57.08 57.69 STATISTICS OF TRAFFIC. Year ending June 30, IgIt. IgQI2. 1913. Revenue passengers carried....... 15,017,761 17,393,637 18,404,656 Transfers redeemed.............. 3,267,997 3,858,094 4,206,762 Car miles run (passenger)......... 2,169,565 2,514,728 2,659,230 a «© (fet.express & mail). 30,612 44,291 44,969 Passenger car hours........... se 263,465 295,133 311,528 Car hours (freight, express & mail). 5,991 9,169 10,277 Total receipts per car mile........ 3.35 Operating expenses per car mile... -163 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip.. .€1,582,157 Capital stock...........$1,625,000 Cost of land and bldgs. 1,130,186 Funded debt.......... 500,000 GCaShivcn eedurnaciieceis 88,088 Accrued liabilities..... 64,354 Accounts receivable. . 12,637. Notes payable......... II,000 Material and supplies.. 68,543 Accounts payable..... 16,644 Prepaid accounts...... 6,865 Premium account...... 549,670 Other assets..... Bis bic 10,106 Special funds.......... 40,621 Profit and loss (surplus) 91,293 Total .ckieke-s . .£2,898,582 BOGAN ps tes cyeb eed Raven BB QB E82 Track AND EquipMENT.—Miles of track (electric), 51.60 owned, 3.60 leased; 207 passenger cars, 21 service cars, 14 snow plows and 14 other cars. ae ee = ante Orricers.—Pres. Henry H. Crapo; V. Pres. Elton S. ilde, Sec. Clarence A. Cook; Treas. E. F. Nicholson; Gen. Supt. & Pur. Act. E. S. Wilde; Claim Agt. & Park Mgr. I. W. Phelps; Engr. Power Station, Jas. Moore; Mast. Mech. R. H. Bennett. RAILWAY MANUAL MASSACHUSETTS Directors.—Henry H. Crapo, Edward S. Brown, Clarence A. Cook, E. S. Wilde, Thos. S. Hathaway, Ed. T. Pierceand A. L. Sylvia, New Bedford, Mass.; Oliver Prescott, Dartmouth, Mass.; R. S. Goff, Boston, Mass.; B. ). Davol, Fall River, Mass. GENERAL OFFICE, 814 Purchase St., New Bedford, Mass. station and repair shop at New Bedford, Mass. Power NEWTON. Population in 1900, 33,587; in 1910, 39,806. Boston Suburban Electric Companies.—A voluntary associa- tion which holds the entire capital stock of the Norumbega Park Co. and the Middlesex & Boston Street Ry. Co. Companies (owned and controlled) operate over 130 miles of track. Capiral. STock.—Shares issued, common, 50,296; preferred, 32,387. No par value. Preferred shares are entitled to $4 per year cumulative, payable quarterly, Jan., Apr., July and Oct. In event of liquidation the preferred shares receive $100 per share and accrued dividends, and the common the balance. DivipeNpDs.—On preferred, first, Apr. 1902, $1, July $x, Oct. $1; in 1903, $4; 1904, $3; 1905, $2; 1906, $2.75; 1907, $3; 1908, Jan., Apr. and July dividends passed, Oct., $.75; 1909, Jan., Apr., July and Oct. $.75; Igt0, $4; 19tr, S4; 1912, $4; 1913, Jan., $4; arrears of dividends to Jan I, 1914, $10. Nores.—Coupon 4 p. c. notes, authorized, $2,000,000, outstand- ing, $1,100,800; dated 1909, due Dec. 1, 1919; denom. $100, $500, $1,000; int. payable June and Dec. at Boston Safe Deposit & Trust Co., Boston, trustee. Subject to call on any interest date on 60 days’ notice at 105 before Dec. 1, 1914, and at 102% thereafter. Yr. end. June 30, INCOME.—9g mos. end. June 30, IgII. IgI2. 1913. GLOSS: INCOMEn¢. ody ie wate densa neice $151,004 $189,407 $181,246 EEX CMS ES sdk cnscian snanainryeder tcc nan Sine ed akeies GS 53,365 59,810 48,401 DNase PCO Gash 6o-5:5-a 4.44 anced Seemann we 97,039 129,597 132,845 DVIG ONES 5.10) tee dead Ase imare uae deulatallal eedeerers 97.161 129,548 129,548 SUT PLUS... 5:6 5. wukeees “ea cis oceanside Saw Gi 478 49 3,297 Previous surplus....................... 601,938 602,416 600,727 Charges to profit and loss.............. 1,738 8,387 Total surplusi:.ccaceacnanee sci teat 602,416 600,727 595,637 Orricers.—Pres. Adams D. Claflin, Newtonville, Mass.; V. Pres. Sydney Harwood, Newton, Mass.; Sec. A. A. Ballantine, Boston, Mass.; Treas. A. E. Viles, Boston, Mass.; Asst. Treas. G. M. Cox, Newtonville, Mass. Trustees.—A. D. Claflin, A. A. Ballantine, J. L. Richards, F. W. Rennick, C. W. Smith, A. E. Viles, Sydney Harwood, C. S. Moulton, Alfred Pierce, F. A. Day, R. Elmer Townsend, G. Fred Simpson, Henry Hornblower, Lincoln M. Cinnicutt and Henry S. Dennison. GENERAL OFFICE, 797 Washington St., Newtonville, Mass. MIDDLESEX & BOSTON STREET RAILWAY CO.—Successor by purchase at receiver's sale, July 1, 1907, to the South Middlesex Street Ry. Co. Operates lines extending from South Natick to Natick, South Framingham, Ashland and Hopkinton. On Nov. 23, 1908, absorbed the Westboro & Hopkinton and the Natick & Cochituate Street Ry. companies. On July 1, rg09, the Newton Street Ry. and on Oct. 1, 1909, the Newton & Boston Street Ry. were absorbed. The Lexington & Boston Street Ry. Co. was absorbed July r, rgr2. Controlled by the Boston Suburban Electric Companies. Annual meeting first Tuesday in Sept. CAPITAL STOCK, authorized $2,222,000, outstanding $1,987,000; par S100. DiviDENDs.—In 1893, 3 p. c.; in 1894, 10.5 p. c. on $60,000; in 1895, 2% p.c.; in 1896, 4 p.c.; in 1897, 535 P. c.; in 1898-9, 6 p.c.; in 1900, 8 p.c.; in 1901, 5 p.v.; in 1907, I p.c.: in 1908, 5 p.c.; in 1909, 6 p. &. on $1,262,000; in 1910, 2 p. c.; in I1gII, 5 p. c.; in 1912, 5% p.c.: in 1913, 4 p.c. Funpep Desr.—First and refunding mortgage 413 p. c. bonds authorized $5,000,000, outstanding $1,408,000; dated Jan. I, Ig12, due Jan. 1, 1932: denom. $r.000; int. payable Jan. and July at Boston Safe Deposit & Trust Co., trustee; callable on any interest date after 30 days' notice as follows: Jan. 1, rgr7, to July 1, rge2r, at 107} and interest; Jan. 1, 1922, to July 1, 1926, at 105 and interest; Jan. 1, 1927, to July 1, 1931, at 10214 and interest; $75.000 are reserved to retire bonds to Feb 1, 1916; $208,000 are issuable at any time for general corporate purposes and $3,517,000 are reserved for future additions extensions and improvements. First mortgage 5 p.c. gold coupon bonds of the Commonwealth Avenue Street Ry. Co., authorized and issued, $75,000, dated Feb. 1 1896, due Feb. I, 1916; denom. $500; int. payable Feb. and Aug. at office of International Trust Co., of Boston, trustee of mortgage. Lexington & Boston Street Railway Co. first l gold bonds, authorized and aittandine. 500 oa, dated aos ee Apr. 1, 1920; denom. $1,000; Coupon; int. payable Apr. and Oct at Beacon Trust Co., Boston, Mass., trustee. Subject to call before July, 1, 1905, at 110; thereafter to July 1, 1910, at 10714, and thereafter at 105. MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 115 OPERATION.—Year ending June 30, IQII. IgI2. 1913. Revenue from passengers............., $683,920 $707,214 $899,300 a i “freight or express... 2,539 2,397 2,299 ad a ‘““ light and power.... 1,679 283 ss a ‘* other sources....... 13,351 31,752 39,354 Total operating revenue................ 701,489 741,363 941,236 General expenses........-... 00... 55,181 53,613 104,001 Traffic eo dsailatdbaiistnisbeyebanSe s-aievaa 9,478 13,675 Transportation expenses........... 304,281 320,992 409,828 Maintenance of way and structures. 55,251 61,758 64,374 es “ equipment......... 57,169 52,169 70,979 Total operating expenses.............. 471,882 498,010 662,857 Net operating revenue................. 229,607 243,353 =. 278,379 Interest on funded debt............ 50,750 55,300 89,610 is ‘“ unfunded debt......... 82,662 76,486 71,574 LOR OSE sliycce- can caactasteceacanere okie arias 22,799 30,468 35,109 Discount on bonds................ 2,160 Net ATC OM © ators: Sern asia greater neeoeeeaeae 73,396 81,099 79.926 Dividends 2k 6.252, caacavtvinns 22 <4 ceca 73,100 80,410 79,480 Surplus for yeates esis vasce cadence odes 296 689 446 Deficit from previous year............. 221,887 221,591 211,493 Profit and loss adjustment............. 9,409 55,522 Total surplus account................., *221,591 *2r1,493 *266,569 P. c. operating expenses to earnings.... 67.30 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IQII. Igi2. 1913. Fare passengers carried............ 13,638,229 14,147,260 17,857,955 Transfers redeemed. ...............5 448,331 460,018 654,940 Car miles run (passenger) ........... 2,803,145 2,891,406 3,654,323 ete "“(freight, exp. & mail).. 16,397 10.397 14,261 Car hours (passenger)............605 285,609 294,935 374,001 (freight, express and mail). 2.700 2,700 2,742 Gross receipts percarmile........... $.2503 $.2564 $.2577 Operating expenses per car mile..... -1683 .1722 -18r4 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip. ..$4,928,134 Capital stock.......... $1,987,000 Gass ogo sree cet eh tee 12,019 Funded debt.......... 1,983,000 Bills & accts. receivable 26,934 Loans................ T,232,350 Material and supplies.. 48,765 Accrued interest....... 7.339 Prepaid accounts...... 2,249 Hs LAKES os Sosa ss 2,697 Discount on bonds..... 39,955 Otheraccrued accounts. 62 Profit & loss (deficit)... 266,569 Bills & accts. payable... 112,177 Totalsenteg sa vaisiees $5,324,625 MPO tals sets sngeeanciae $5,324,625 TRACK AND EQUIPMENT.—Miles of track (electric), 130.323; 264 motor cars, 14 work cars, 26 snow plows. Orricers.—Pres. J. L. Richards; V. Pres. Sydney Harwood; Sec. A. A. Ballantine; Treas. E. M. Richards; Gen. Myr. G. M. Cox, Newtonville, Mass.; Supt. Div. 1, S. E. Walker; Supt. Div. z, Jas. W. Sullivan; Supt. Div.4, F. P. Quackenbush, Natick, Mass.; Supt. Div. 5, W. S. Scamman, Lexington, Mass. GENERAL OFFICE, 797 Washington St., Newtonville, Mass.; repair shops, Waltham, Mass. NEWTONVILLE & WATERTOWN STREET RAILWAY CO. —This road is now operated by the Middlesex & Boston Street Ry. Co. and Boston Elevated Ry. Co. under a 20-year contract made with the Newton & Boston Street Ry. Co. and dated 1900. CAPITAL STOCK, authorized and issued, $50,000; par value, $100. NORTHAMPTON. Population in 1900, 18,643; in IgI0, 19,431. Northampton Street Railway Co.—Successor to the North- ampton & Williamsburg Street Railway, chartered Apr. 4, 1865; on Feb. 26, 1873, the name was changed to Northampton Street Ry. Co. Connects Northampton (20,000), Easthampton (10,000), and Williamsburg (4,000). Annual meeting second Tuesday in Oct. CAPITAL STOCK, authorized $850,000, issued $700,000; par $100. DIVIDENDS, in 1893, 8 p. c.; in 1894, Io p.c.; in 1895, Io p. c.; in 1896, 10 p. v.; in 1897, 9 p. c.; in 1898, 1899, Ig00, IQOI, 1902 and 1903, 8 p. c.; in 1904 and 1905, 6 p.c.; in 1906 and 1907, 7 p. ¢.; in 1908, 6 p. c.; in 1909, 23% p. c. on $300,000; in IgIo, Oct., 2 p.c.; in IQII, 5 p. C.; im 1912, 5 p. c.;in 1913, 5% p. c. OPERATION.—g mos. end. June 30, -—Yr.end. June 30, 1910. IQII. IQI3. Revenue from passengers........... $125,294 $156,505 $207,070 “ ‘* other sources......... 3,596 4,330 3,518 Total operating revenue.............. 128,890 190,835 210,588 General expenseS.........+....05- 9,260 19,487 29,225 WraliGrcmenkie aoe ices cae. deaw & oenee 85 132 Operation of cars......... eee ae, 39,735 Get Of POWEEes 22 ive neces are soe 18,820 § O70? oeRe Maintenance of way & buildings. 18,373 31,954 31,774 ““equipment....... 11,495 26,100 15,329 Total operating expenses............. 97,683 144,733 144,580 Net operating revenue................ 31,207 46,102 66,008 OPNCIINCOMEs caiecce deem enia nara se eearees 138 GrosSincCOMe. dassissswaslndi seis ana sae 66,146 Interest on funded debt..... .... g,000 10,000 oe floating debt......... F393 7,369 §,150 MANES so cei aeacs ative new a7 S 10,516 17,392 Net divisible income................4. 7,101 18,217 40,604 DV ACME TI Siessiceiciss tracer ascents soars ia die dteleveuts 2a 18,000 38,500 To surplus account............0ee0e- 7,101 or7 2,104 Credits to profit and loss.............. 10,000 Total surplus account................ 10,046 10,263 4,751 P. c. oper. expenses to total receipts. . 75.78 75.89 68.66 STATISTICS OF TRAFFIC. 9 mos. ending June 30, —Yr. end. June 30, IgIo. IgII. 1913. Revenue passengers carried........ meee Reon 3,666,513 3,999,253 WRADSTETSe. wsedsies Revere se ais abn seth 155829 179.682 195,284 Car miles? runes csea.cosconntansivaeene 589,570 758,641 776,886 Car hours (passenger)............... 72,082 Total receipts per car mile.......... $.218 Operatingexp. ‘6 ‘ ......... +165 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip.. .$632,747 Capital stock ........... $700,000 Other permanent invest- TBO ATIS Sd vepanth $es.t/e Bache 155,000 MENUS): wteiacwnts ogee onan es 213,305 Bills payable............ 600 CASING eelatids Ueto Bee 3,483 Other liabilities. ....... 13,737 Material and supplies.... 24,553 Profitand loss (surplus.. 4,751 Ota liars Ges ween Ads $874,088 Rotalecsscaveiccaxgys co G870,088 TRACK AND EQUIPMENT.—Miles of track (electric), 27.508; 53 pas- senger cars, 3 of which are of the prepayment type: 12 service cars. Orricers.~-Pres. Henry M. Tyler; Sec., Treas. & Claim Agt. Harold J. Campbell; Audr., Edward M. Estes; Gen. Mgr. & Pur. Agt. Louis D. Pellissier, Holyoke, Mass.; Supt. Edwin C. Clark; Engr. Power Station, Asa M. Day; Elec. Engr. Henry Ashlaw; Mast. Mech. Earle R. Warren; Engr. Maint. of Way, Patrick Griffin. Direcrors.—Henry M. Tyler, Northampton, Mass.; Wm. S. Loomis, Jos. A. Skinner, L. D. Pellissier, Holyoke, Mass.; Henry J. Beebe, N. D. Winter, Fred’k Harris, Springfield, Mass. GENERAL OFFICE, POWER SraTrion AND REPAIR Suop, North- ampton, Mass. NORTH ATTLEBORO. Population in 1900, 7,036; in gro, 9,562. INTERSTATE CONSOLIDATED STREET RAILWAY CO.— Chartered Apr. 12, 1895, as a consolidation of the Attleborough, North Attleborough & Wrentham Street Ry. Co. and the Interstate Street Ry. Co., of Providence, R. I. Lines extend from State line between Massachusetts and Rhode Island to North Attleborough, Plainville, Attleborough, Hebronville and Dodgeville. Annual meeting first Friday in Nov. Controlled by New England Investment & Security Co. Carita Stock, authorized and issued, $275.000; par value, $100. DivipENbs.—In 1905 and 1906, 7 p. c.; in 1909, 5 p.c.; in 1910, IgiI and 1912, 4 p. C.; in 1913, 5 p. c. OPERATION.— Year ending June 30, IQIt. IgI2. 1913. Revenne from passengers.............. .$174,575 $182,660 $184,671 ee other operating sources........ 4,833 5,559 9,668 Total operating revenue............ - 179,408 188,219 194,239 General expenses... esc cues ees 41,137 45.364 44,253 Transportation expenses........... 86,555 60,680 95,058 SL Pathe wien wicheeesouet gaurinss vee ee cle oe 165 84 188 Maintenance of way and structures.. 14,402 15,357 11,807 et ‘“ equipment......... 16 259 Total operating expenses.............. 142,275 151,485 152,165 Net operating revenue...............0. 37,133 36,734 42,174 Other incomes cadens cogs G8 Stace 1,335 1,039 1,006 Ota Freie essing se ints vation ackar a oa aetsted 38,468 37,773 43,180 RAILWAY MANUAL MAasSACHUSETTS 116 McGRAW ELECTRIC TOIT: 1gt2. 1913. Interest on floating debt............ &15,600 $15,600 $14,517 "RaNxeS) wee eho igeutie area veeckeced 8,30 8,794 | 10,316 Net divisible income................... 14,534 13,379 18,347 Dividends: Paid ss icscarcacsss-toed wsokesaeen ercraseen 11,000 11,000 13,750 Surplus f6r peatinccscas ates 3ySsa 2,379 4,597 Surplus from previous year............ 2,166 5,662 8,233 Profit and loss adjustments............ 38 Ty2 *5,924 Total surplus account. «0.22 s.¢eees ans 5,662 8,233 6,gv6 P. c. operating expenses to earnings.... 79.30 80.48 78.3 *Debit. STATISTICS OF TRAFFIC. Year ending June 30, IQIt. Igt2. 1913. Fare passengers carried.............. 3,521,157 3,689,655 3,728,679 “Lransters> redeemed . scre8 canacancaa IOI,701 114,803 115,344 Passenger car miles run............. 729,446 739,099 752,408 Freight,express & mail car miles run.. 851 1,147 9,520 Passenger car hours.............. 65,406 66,559 69,382 Freight, express and mail car hours.. 277 172 2,298 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip. ..$542,663 Capital stock............8275,000 CAST seierostnestvtuelo. svat, olleneraazene BOWITO > ALO AIS. svscatenovdes cious eisai 260,000 Bills & accts. receivable.. 7,403 «fone. Mterest.. caeu oo 779 Material and supplies. ... 95 ts {OREN s cece acaxs 7,003 Prepaid accounts........ 237 Billsand accts. payable.. 18,488 Other liabilities.......... 18,861 Profitand loss(surplus).. 6,906 Totalicweckessuee esac $587,037 VOtals 22s tug seees savas $587,037 TRACK AND EQUIPMENT. —Miles of track (electric), 24.10. OrFicers.—Pres. J. T. Harmer; V. Pres. & Gen. Mer. H. C. Page; V. Pres. C. V. Wood; Clerk, F. P. McIntyre; Treas. L. Candee; Audr. J. W. Jamieson. GENERAL OFFICE, Massachusetts Mutual Bldg., Springfield, Mass. NORTON. Population in 1900, 1,826; in IgT0, 2.544. Norton & Taunton Street. Railway €o.—Charter granted in perpetuity. Commenced operation Aug. 27, 1898. On Aug. 1, 1899, the Mansfeld & Norton, Norton & Attleboro, and the Mansfield & Easton Street Ry. companies were consolidated with this company. The road is now in the hands of a committee of bondholders—James A. Stiles, Gardner, Mass., Geo. G. Beals, Boston, Mass., and A. S. Hill, Lowell, Mass. Annual meeting first Wednesday in Nov. CAPITAL Srock, authorized and issued, $297,000; par value, $100. Funpep Dexst.—First mortgage 5 p. c. gold coupon bonds, auth- orized and issued, $296,000; dated June 6, 1900, due May I, 1920; denom. $1,000; int. payable May and Nov. at American Trust Co., Boston, trustee of mortgage. -—Yr. end.—, OPERATION.—9g mos. ending June 30, June 30, IgI0. IQII. 1913. Earnings from passengers.... .......--- $42,547 $60,909 $64,520 “ Other sSOUTCES 1.5.00. js. daddies sd 383 659 642 GROSS? UNCOME? hve ee bed ow beeen leladuad- das bivensce 42,930 61,568 65,162 General expenses.........---.0eeee ee ee 6,357 6,568 OperatiCn Of CAtScc week occ andes bees eee 13,105 Cost of power.........- fb haga ainalg wse Ares 9,088 § 759537 ane? Maintenance of way and buildings..... 4,609 9,198 7,262 ee “ €Quipmentyssiees caese% 4,181 6,617 8,g96 Operating expenses.........- cee eee ee eee 34,178 47,709 51,028 Gross income less operating expenses...... 8.752 13,859 19,7134 Interest on funded debt.............-. II,100. =14,800 14,800 He “unfunded debt... ........ 1,344 743 PARES os sacichos's ite ost lagat “mvaniaedel eis. iad wie Bcee I, 166 1,532 1,815 ISAC Its ches ciste cucu srerrenere nicabd ela oh cancnaledd oatonnouspats 3,514 3,817 3,224 Profit and loss adjustment. ........-+-+05- 2,007 15 24 Total denM: .isase sang eee eae He Kee Gao > 43,334 47,136 50,336 P.c. operating expenses toearnings........ 79.61 77-49 78.3 STATISTICS OF TRAFFIC. g mos, ending June 30, Yr. end.June 30,4 Igo. IgII. 1913. Passengers carried......-... .+-+++- B72747 ATFOSO 1,427,940 Revenue car miles tum... oo..s00. 4 2o1 229 332,001 360,385 Total receipts per car mile........... $.193 Se Es aie sido naan wae -154 Oper. expenses Track AND EquipmMent.—Miles of track (electric), 30.9 owned; 18 motor cars, 2 service cars, 3 snow plows. OrFicers.—Pres. Daniel Coolidge, Johnstown, Pa.; Geo. L. Wetherell: Sec., Treas. & Supt. R. W. Hewins. Directors.—E. T. Wilder, A. F. Hill, Lowell, Mass.; G. L. Wetherell,Chartley, Mass.; A. H. Sweet, Norton, Mass. ; Daniel Cool- idge, Johnstown, Pa.; Jas. A. Stiles, Gardner, Mass.; Geo. L. Beals, Medford, Mass. GENERAL OFFICE, POWER STATION AND REPAIR Suops, Norton. Vs Pres, NORWOOD. Population in 1900, 5,480 ; in 1910, 8,or4. Norfolk & Bristol Street Railway Co.- Incorporated in 1go1 as successor to the Norfolk & Southern Street Ry. Co., sold at fore- closure on Oct. 8, gor. The road connects Norwood, Walpole, Mansfield, Foxboro and Wrentham. Capirav Stock, authorized and issued, $200,000; par value, $100. FunpEep Desr.—First mortgage 5 p. c. gold bonds, authorized and outstanding, $200,000; dated July 1, 1908, due July 1, 1928; denom. $1,000; int. payable Jan. and July; American Trust Co., Boston, trustee. Bonds are subject to call after I913 in any amount at 105. OpERATION.—Year ending June 30, IgII. TOT2. 150%, Earnings from passengers.......... $84,719 $88,613 $95,163 es ‘““ other sources,....... 6,867 6,022 844 GTOSS INCOME, e.iavigiers Kew ier ais 91,586 94,635 96,007 General expenseS..........+6--- 6,554 7,418 7,196 Transportation expenses....... 40,967 36,226 41,130 Maint. of way and structure.... 10,619 11,883 10,895 = “ equipment: +s... y.00% 10,674 14,923 15,635 Operating expenses................ 68,814 70,450 74,856 Gross income less oper. expenses.. 22,772 24,185 21,151 Other incOme®. .c.0¢s-cans eae. $ 463 RSS VCORE gcd a was wont wrap eas 21,614 TNtE RES Us 4 xed.2 dense ogee ds Sonim: teereions 10,000 10,000 I0,000 ES otares eg ateaeelene seme” 1,160 2,096 3,305 Net INCOME. a ccenceiieeread veaage I1,612 12,089 8,309 Dividends eicsencsteeweetowi stead 6,000 6,000 Surplus for years iscy eases eka es 2,309 Surplus from previous year....... 88,783 Profit and loss adjustment........ 9,600 Total -Surplusis.c::.i0cnarces isees 28 82,694 88,783 81,492 P. c. oper. expenses to earnings... 75.18 75.43 77.96 STATISTICS OF TRAFFIC. Year ending June 30, IgII. 1gI2. 1913. Passengers carried............... 1,816,534 1,893,168 2,023,593 Transfer passenger........-...--- 79,076 Gar miles: riinias cigar sens ots 460,744 456,037 458,577 Passenger car hourS.............- 45,158 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip.....$457,081 Capital stock........... $200,000 Cas Biers auinecemexseiegey tase 8 29,227 Funded debt............ 200,000 Material and supplies.... 3.496 Accounts payable....... 22 Salaries and wages...... 999 Profit and Joss (surplus).. 88,783 Rotalnindsadamincmnn st $489,804 DOtali ice ewes $489,804 TRACK AND EqQuirMentT.—Miles of track (electric), 22.02; 23 pas- senger cars, 2 service cars, 3 snow plows. Orricers.—Pres. R. G. Fessenden, Boston, Mass.: Sec. N. I. Adams; Treas. Henry F. Smith, Boston, Mass.; Gen. Mer. M. A. Cavanaugh, 162 Harrishof St., Roxbury, Mass.; Supt. & Pur. Agt. F. M. Perry, South Walpole, Mass.; Ch. Engr. Power Station, Chas. E. Short, South Walpole, Mass.; Mast. Mech. L. Bjorkengren, South Walpole, Mass.; Roadmaster, A. Duplisea; Park Mgr. Robt. Ross. Direcrors.—Russell F, Fessenden, Micajah P. Clough, H. F. Smith, Frank A.Newell, Norman I. Adams. GENERAL Orricr, 162 Harrishof St., Roxbury, Mass.; power sta- tion and repair shops, South Walpole, Mass. OAK BLUFFS. Population in 1910, 1,004 (summer 20,000). Oak Bluffs Street Railway Co.—Incorporated Feb. 28, 1891; organized under name of Cottage City & Edgartown Traction Co.; named changed toabove in igor. Connects Oak Bluffs, Vineyard Haven and Tisbury with steamboats for the mainland. Leases the Martha’s Vineyard Street Ry. Co. Annual meeting in Oct. CaPiTAL Srock, authorized and outstanding, $60,000; par $100. OPERATION.— Year ended June 30, 1913. Total operating revenue, $6,202; total operating expenses, $6,225; net operating loss, $23; taxes, $244; operating income (deficit), $267; other income, $79; gross deficit, $188; interest, $459; deficit for year, $647. TRACK AND EQuipMENT.—Miles of track operated, 5-795; 6 passen- ger motor cars, 2 trail cars, OrFicEeks.—Pres. Allen A. Brown; V. Pres. Arthur K. Brown, Boston, Mass.; Treas. & Pur, Agt. Eugene Carpenter, Newton, Mass.; Supt. Transpt. Chas. H. Carpenter, Newton, Mass. GENERAL Office, Newton, Mass. MassACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL 117 PITTSFIELD. Population in 1900, 21,766; in 1910, 32,121. BERKSHIRE STREET RAILWAY CO.—Chartered Juneit, Igor. Municipal franchises granted in Igor and 1902. This road was placed in operation Aug. 11,1902, and connects Great Barrington, Stockbridge, Lee, Lenox, Pittsfield, Lanesboro, Cheshire, Adams, North Adams, Williamstown, Dalton, Hinsdale, Clarksburg, Egre- mont and Sheffield, Mass.; Pownal, Bennington and Shaftsbury, Vt., and Hoosick Falls, N. Y. On June 30, 1906, the Hoosac Valley Street Ry. and on May 31, Ig1o, the Pittsfield Electric St. Ry. Co. were merged with this company. The company is controlled by the New York, New Haven & Hartford R.R. Co. Leased the property of the Vermont Co., for 99 years, from Feb. 1, 1911. Commenced operation of the Hoosick Falls R. R. Co. on Feb. 1, 1913, in accordance with agreement with The Vermont Co., to which the Hoosick R. R. Co. was leased. CarIraAL Stock, authorized $6,848,100, issued $5,398,100; par value, $100. DIVIDENDS.—1909-IQIO-IQII, 2 p. C.; I9I2, I p. c.; 1913, none. FunpEepD DerstT.—First mortgage 5 p. c. gold bonds, authorized and outstanding, $800,000; coupon, but may be registered; dated June 2, 1902, due June 1, 1922; denom. $1,000; int. payable June and Dec. at N. W. Harris & Co., Boston; Girard Trust Co., Philadelphia, trustee. Debenture 5 p.c. gold bonds outstanding, $200,000; dated Mar. 1, 1905, due Mar. 1, 1925; denom. $1,000; int. payable Mar. and Sept. Hoosac Valley Street Ry.’s first mortgage 5 p. c. bonds, author- ized and issued, $100,000; dated July 1, 1897, due July 1, 1917; denom. $1,000; int. payable Jan. and July at New England Trust Co., Boston, trustee. Refunding mortgage 4 p. c. gold bonds, authorized, $400,000, issued, $300,000; dated Sept. 1, 1904, due Sept. 1, 1924; denom. $1,000; int. payable Mar. and Sept. at Berkshire Loan & Trust Co., Pittsfield, trustee. No sinking fund, and bonds are not subject to call. Pittsfield Electric St. Ry. Co. first mortgage 4 p.c. bonds, authorized and issued, $300,000; dated July 1, 1903, due July 1, 1923; denom. $1,000; int. payable Jan. and July at Berkshire Loan & Trust Co., Pittsfield, Mass., trustee. OpERATION.—Year ended June 30, IgII. Igi2. +1913. Revenue from paSsengers......--.1.--- $733,985 $798,097 $898,986 (© EXPTESS oe eee eee eee eee 11,735 13,511 21,052 ee ‘© other operating sources.. 16,062 73,135 42,685 Total operating revenue........-. 20s 761,782 884,743 962,723 General expenseS........ esse eee eee 75,227 76,930 106,344 Traine: wiccaag a se 60 30a Keine 4,763 3,548 2,489 Conducting transportation.........-. 302,811 360,869 393,710 Maintenance of way and structure... 75,526 113,275 213,544 ug “* equipment......... 98,329 93,462 130,006 Total operating expenseS......+--- +. +> 556,656 648,084 846,093 Net operating revenue. .......+0-- + eee 205,126 236,659 116,630 All other income ........-. ee eee e ere 1,163 3,040 2,047 Tt alc sx shesien Hie aes Sse oe seca eS 206,289 239,699 119,577 Interest on funded debt............ 79 ,000 79,000 79,000 “s “* unfunded debt.......... 33,523 64,741 43,217 TANCES: sand ais Me Ss ses SE SRE wees 37,671 34,964 45,782 Rental of leased lines, etc.......... 21,245 42,300 Other deductions...........+++-+-- 1,598 Net divisible income.......+...eeeeeee 56,095 39,749 *92,320 Dividends ........0 ee eee cece terete 38,962 40,681 Surplus. .... 0.60 er ee eee eee cette ee ees 17,133 *932 © *92,320 Surplus from previous year..........-- 8,122 Profit and loss adjustment...........-. 55,170 20,134 50,148 Total surplus... -..eee eee eres peveeeee 29,189 8,122 *134,346 P. c. operating expenses to earnings ... 73.07 73.25 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IgII. IgI2. +1913. Passengers carried.......-..++++5 14,370,795 15,989,768 18,134,718 Transfer paSSENgers......+seeeee 938,471 Passenger car miles run.......--- 2,892,893 3,115,858 3,527,459 Fgt. or express car miles run...... 87,629 Car hours (passenger)...--.++e+++ 304,251 e © (fgt., OF EXP.).. sees erase 9,658 +Includes Hoosick Falls R. R. Co. from Feb. 1, 1913. BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. ‘ ; roadbed & trcks.$9,490,054 Capital stock.......... 5,398,100 oa —leased lines : 2,582 Funded debt........... 1,700,000 Cash......seee ere eters 58,450 Loans ....seeeere eee ee 2,444,500 Bills receivable......-. 327 Accrued int. and rents.. 58,852 Accounts receivable... 40,820 Accrued taxes......... 23,319 Material and supplies.. 108,461 Accounts payable..... 255,862 Prepaid accounts. ..... 1,718 ReservesS....--.--..-+- 27,304 Deferred debit items... 71,179 Profit and loss (deficit). 134,346 Total ...... cece eres $9,907,937 Total ... 22.06.06. «$9,907,937 TRACK AND EquipMeNtT.—Miles of track operated (electric), 139.27; sidings, 6.08 ; 152 passenger and 17 service cars; 10 snow plows. OFFIcERS,—Pres. — New Haven, Conn.; V. Pres. L. S. Storrs, New Haven, Conn.; V. Pres. & Gen. Mgr. C. Q. Richmond, Pittsfield, Mass.; Audr. I. A. May, New Haven, Conn.; Treas. A. S. May, New Haven, Conn.; Compt. H. M. Kochersperger, New Haven, Conn.; Asst. Clerk, A. E, Clark, New Haven, Conn.; Supts. Alex. Shaw, Pittsfield, Mass.; W.T. Nary, Zylonite, Mass., Elec. Engr. P. W. Ripple, New Haven, Conn.; Ch. Engr. & Engr. Pwr. Sta. H. K. Weber, Pittsfield, Mass.; Mast. Mech. Geo. P. Rich- ardson. GENERAL OFFrice, New Haven, Conn.; power stations, Pittsfield, Zylonite, Mass., and Walloomsac, N. Y.; repair shops, Pittsfield, Mass., and No. Bennington, Vt. PLYMOUTH. Population in 1910, 12,141. Plymouth & Sandwich Street Railway Co.—Incorporated Apr. 12, 1898; franchise granted May 28, 1899. Connects Plymouth and Manomet. Annual meeting second Saturday in Aug. CAPITAL STocK, authorized $200,000, outstanding $60,000; par $100. OpERATION.—Year ended June 30, 1913. Total operating rev- enue, $9,980; total operating expenses, $7,587; net operating revenue, $2,393; taxes, $718; interest, $1,285; surplus for year, $390. TRACK AND EQUIPMENT.—Miles of track, 6.15; 5 passenger motor cars. Orricers.—Pres. H. N. Lathrop, 88 Tremont St., Boston, Mass.; V. Pres. Chas. S. Davis, 70 State St., Boston, Mass.; Const. Engr. Channing Howard, 220 Devonshire St., Boston, Mass.; Treas. & Clerk, Ernest Acker; Audr. R. W. Stafford; Supt. Transpt. N. H. Dunbar, Manomet, Mass. Direcrors.—Channing Howard, Chas. S. Davis, H. N. Lathrop, John C. Heyer, Geo. H. Kesselhuth, all of Boston, Mass.; Chas. S. Doten, Plymouth, Mass.; Fletcher Clark, Sandwich, Mass. GENERAL OFFICE, 88 Tremont St., Boston, Mass. SHELBURNE FALLS. Population in 1910, 1,498. Shelburne Falls & Colerain Street Railway Co.—Organized Feb. 28, 1896; connects Shelburne Falls, Colerain and Buckland. Annual meeting third Tuesday in July. CaPITAL Srock, authorized and outstanding $50,000; par $100. DIVIDENDS.—In 1973, 5 p. v. Funpep Drst.—First and refunding 5 p. c. gold mortgage bonds, authorized $100,000, outstanding $95,700; dated July 1, 1910, due July 1, 1930; int. payable Jan. and July at Federal Trust Co., Boston, Mass., trustee. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $29,622; total operating expenses, $19,646; net operating rev- enue, $9,976; taxes, $935; operating income, $9,041; interest, $4,824; other deductions, $320; dividends, $2,500; surplus for year, $1,397. TRACK AND EQuipMENT.—Miles of track, 7.43; 6 passenger motor cars, I trail passenger car, g freight trail cars, I service car. OrFicers.—Pres. F. L. Davenport; Sec., Treas. & Gen. Mgr. Frank L. Reed, Shelburne Falls, Mass.; Gen. Audr. Martin A. Brown, Boston, Mass. Directrors.—F. L. Davenport, C. W. Hawks, F. L. Reed, Shel- burne Falls, Mass.; Lorenzo Griswold, Griswoldville, Mass.; F. S. Field, Shattuckville, Mass.; Martin A. Brown, Boston, Mass. GENERAL OFfFicE, P. O. Box 505, Shelburne Falls, Mass. SPRINGFIELD. Population in 1900, 62,059; in IgI0, 88,926. New England Investment & Security Co.— Organized in June,1906, to acquire the street railways in Massachusetts controlled at that time by the New York, New Haven & Hartford R.R. Co. Most of the stock of the Worcester Railways & Investment Co. has been exchanged for preferred stock of the New England Investment & Security Co. Controls the following companies through ownership of all or a majority of their stocks: Worcester Railways & Investment Co. Worcester Consolidated Street Ry. Co. Milford, Attleboro & Woonsocket Street Ry. Co. Springfield Street Ry. Co. Springfield Ry. Companies. The company acquired by assignment, dated Apr. 3, 1909, all rights of the Rhode Island Co.’s interest in the capital stock of the Attle- boro Branch R. R. and Interstate Consolidated Street Ry., and all the Consolidated Ry. Co.’s interest in the capital stock of the Worces- ter & Webster Street Ry. and the Webster & Dudley Street Ry, 118 McGRAW ELECTRIC RAILWAY MANUAL MassACHUSETTS A bill was enacted by the Massachusetts Legislature of 1913 giv- ing the Berkshire St. Ry. Co. (owned by the New York, New Haven & Hartford R. R. Co.) the right to acquire the properties controlled by the New England Investment & Security Co.; but up to Apr. I, IgI4, the bill had not been accepted by the New Haven Co. Carita, SrocK.—Common, authorized $10,000,000, outstanding $100,000; preferred 4 p. c. cumulative, authorized $10,000,000, out- standing $4,000,000. Dividend of 4 p.c. perannum paid on preferred stock, payable semi- annually, Jan, and July 1; first payment Jan. 1, 1907; preferred divi- dends are guaranteed by New York, New Haven & Hartford R. R. Stock may be called at 105 and accumulated dividends. Funding notes outstanding, 13,709,000; dated 1909, due 1924; $3,- 000,000 are guaranteed principal and interest by N.Y., N. H. & H.R.R.; also the payment of $10,609,000 additional and interest of funding notes when required to do so by John L. Billard, as per agreement. OrFicers.—Pres. J. T. Harmer, Springfield, Mass.; V. Pres. E.N. Sanderson, New York, N.Y.; Sec. F. P. McIntyre, and Treas. Leverett Candee, of Springfield, Mass. TRUSTEES.—Augustus G. Bullock, Worcester, Mass.; A. Willard Damon, J. T. Harmer, Springfield, Mass.: E. N. Sanderson, H. Hobart Porter, New York, N. Y.; E. C. Foster, Manchester, N. H. GENERAL OFFICE, Massachusetts Mutual Building, Springfield. SPRINGFIELD STREET RAILWAY CO.—Chartered May 5, 1868, in perpetuity. Annual meeting first Tuesday in Nov. On Dec. 31, 1909, purchased all the stock of and merged the Western Massachusetts Street Ry. In Dec., 1910, the Springfield & Eastern St. Ry. Co., which had been operated under lease since Oct., 1905, was absorbed. The New England Investment & Security Co. owns control through its control of the Springfield Railway Companies, a holding company which owns a majority of the stock of the Spring- field Street Railway Co. CAPITAL STock, authorized and outstanding, $3,708,100; par $100. DivipEenps.—From Sept., 1893, to and including IgIo, 8 p. c. per annum; in 191i, 7 p.c.; in 1912, 7 p. c.; in 1913, 7 p.c. FunpED Desr.—First mortgage 4 p. c. gold bonds, author- ized and issued, $1,700,000; coupon, but may be registered; dated Apr. I, 1903, due Apr. 1, 1923; denom. $1,000; int. payable Apr. and Oct.; Springfield Safe Deposit & Trust Co., trustee. Western Massachusetts Street Ry.’s first mortgage 5 p. c. gold bonds, issue limited to $1,000,000, outstanding $200,000; dated Feb. ty 1906, due Feb. 1, 1926; denom. $1,000; int. payable Feb. and Aug. at Springfield Safe Deposit & Trust Co., trustee. Woronoco Street Ry.’s first mortgage 5 p. c. gold coupon bonds; authorized and issued, $75,000; dated Jan. 1, 1900, due Jan. 1, 1920, denom. $1,000; int. payable Jan. and July at Springfield Safe Deposit & Trust Co., trustee. Springfield & Eastern Street Ry. Co.'s first mortgage 5 p. c. gold coupon bonds, authorized and outstanding, $330,000; dated Jan. 1, 1902, due Jan. 1, 1922; int. payable Jan. and July at Springfield Safe Deposit & Trust Co., Springfield, Mass., trustee. OPERATION.—Year end. June 30. gir. IgI2. 1913. Revenue from passengers......... $1,721,941 $1,816,546 $1,998,858 ss ‘freight & express.. 25,640 27,990 36,220 ee ‘“ other oper. sources 42,320 45,870 54,437 Total operating revenue.......... 1,789,901 1,890,406 2,089,515 General expenses............. 181,162 172,064 189,469 Transportation expenses...... 709,131 746,398 837,323 TratiCncsseeweg ces can ves tea ae 8,595 7,700 6,260 Maintenance of way & bldgs. 164,972 210,599 230,386 a ““ equipment.... 169,820 178,014 229,432 Total operating expenses......... 1,233,680 1,314,775 1,492,870 Net operating revenue............ 556,221 575,631 596,645 OtherinGoMe. cs c40.8 ecenGicetayat aie 1,542 1,843 2,175 MOtallt stariacanadedewacdeve ereearewrances 557,763 577,474 598,820 Interest on funded debt....... 83,375 90,961 98,250 Other interestescies secu cee wien 45,882 57,894 57,545 Lakes: Ai ccsaavs sawsa ye dees oe 168,067 163,443 176,698 Rental’ siketeiwcnyeatsia sehen eatdeie se 7,609 Net divisible income.............. 252,830 265,176 272,327 Dividends paid i..c606 stead ngage 259,567 259,567 259,567 Surplus for year............ saison *6,737 5,609 12,760 Surplus from previous year....... 280,937 82,965 78,813 Transfer to premium accounts..... 184,615 Profit and loss adjustment........ 6,620 9,761 7,397 Total surplus account............ 82,965 78,813 84,176 P. c. oper. expenses to total rec’pts 68.92 69.55 71.45 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IgIt. IgI2. 1913. Fare passengers carried.......... 34,753,172 36,678,125 40,326,614 Transfers rev e@med. sccm cancnnccaa ae 5,533,055 5,957,720 6,796,091 Car miles run (passenger)........ 6,950,024 7,163,060 7,498,926 ue “ “* (freight, mail and OXPIeSS,. “ClCy) irdic shee ids ete 37,462 37,359 85,088 Car hours (passenger)............. 705,038 724,977 758,316 oe ‘ (fgt., exp. & mail, etc.).. 6,675 5,913 11,879 BALANCE SHEET.—Dated June 30, IgI3. ASSETS. LIABILITIES. Cost of road & equip...$7,429,775 Capital stock.......... $3,708,100 Other permanent in- Funded debt........... 2,305,000 vestments........... 60,248 Loans. aceccsececvaaiee 1,105,233 Cashinasa's satay s yylaans 69,637 Accrued interest....... 25,591 Bills and accts.receivbl. 44,212 Be TAXES: sre sssce 126,445 Material and supplies.. 173,592 Other accrued accounts. 76 Prepaid accounts...... 5,147 Bills & accts. payable.. 320,428 Other assets........... 142,933 Other liabilities ....... 55,977 Premium accounts..... 184,615 Profit & loss (surplus). 84,176 Totals sessed $7,915,544 Total................87,915,544 TRACK AND EQUIPMENT.—Miles of track (electric), 171.35 ; 368 passenger motor cars, of which 6 are of the pay-as-you-enter type; I1 express motor cars, Iq service motor cars and 37 snow plows. Orricers.—Pres. J. T. Harmer, Springfield;; V. Pres. & Gen. Mgr. H. C. Page, Worcester, Mass.; V. Pres. C. V. Wood; Mgr. R. W. Reynolds; Clerk, F. P. McIntyre; Treas. L. Candee; Audr. J. W. Jamieson, Springfield, Mass. GENERAL OFFICE, Massachusetts Mutual Bldg., Springfield; power stations, Springfield and Westfield, and repair shops, Springfield. SWANSEA CENTRE. Population in 1910, 1,978. Providence & Fall River Street Railway Co.—Incorporated in Mar., 1901. The road connects Fall River, Providence, Seekonk, Rehoboth, Swansea and Somerset, and was placed in operation June 5, IgOl. CAPITAL STOCK, authorized and issued, $165,000; par value, $100. FunpDED Dest.—First mortgage 5 p.c. gold bonds, authorized $200,000, issued $165,000; dated 1901, due July 1, 1921; coupon, but may be registered; denom. $1,000; int. payable Jan. and July at In- dustrial Trust Co., Providence, R.I., trustee, or at Shawmut National Bank, Boston, Mass. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $52,189; total operating expenses, $46,428: net operating rev- enue, $5,761; taxes, $1,474; operating income, $4,287; interest, $13,575; deficit for year, $9,288. TRACK AND EQUIPMENT.—Miles of track (electric), operated, 10.711; 18 single truck passenger motor cars, 1 freight motor car and 5 service cars. OrFIcers.—Pres. Jas. F. Shaw; V. Pres. C. C. Peirce; Sec. & Treas. A. W. Clapp, 77 Franklin St., Boston, Mass.; Supt. & Pur. Agt. J. H. Hearn, Swansea Centre, Mass.; Fet. Mgr. C. T. Battey, New Bedford. DirecTors.—Jas. F. Shaw, Boston, Mass.; Fred. C. Hinds, New- ton, Mass.; A. W. Clapp, Malden, Mass.; Robt. Redford, Lawrence, Mass.; L. P. Sturtevant, Algernon H. Barney, Swansea, Mass.; Geo. A. Butman, Brookline, Mass.; C. C. Peirce, E. P. Shaw, Jr. GENERAL OFFICE, 77 Franklin St., Boston, Mass. Repair shops, Swansea Centre Mass. TAUNTON. Population in rg00, 31,036; in 1910, 34,259. East Taunton Street Railway Co.—Organized June 27, 1898. Connects Taunton, Lakeville and Middleborough, CaPiraL Stock, authorized and outstanding, $110,000; par $100. DIvIDENDS.—In 1913, § p. c. Funpep Dest.—First mortgage 5 Pp. authorized and outstanding, $45,000; dated 1920; int. payable Mar. & Sept. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $47,980; total operating expenses, $31,394; net Operating rev- enue, $16,586; taxes, $3,060; operating income, $13,526; other in- come, $580; gross income, $14,106; interest, $2,250; net divisible income, $11,856; dividends, $5,500; surplus for year, $6,306. TRACK AND EQUIPMENT.—Miles of track, 11.42; 8 passenger motor cars, 3 service cars. OFFIceRS.—Pres. Michael A. Cavanaugh, Roxbury, Mass.; V. Pres. T. F. Cavanaugh; Sec. & Gen. Mgr. Jas, P. Dunn; Treas. Jos. B. Murphy, all of Taunton, Mass. Directors.—M. A. Cavanaugh, Roxbury, Mass.; Thos. F. Cavanaugh, J. B. Murphy, J. P. Dunn, Chas. P, Richmond, all of Taunton, Mass.; Stephen F. O’Hara, Middleboro, Mass.; Henry P. Nawn, Boston, Mass. GENERAL OFFICE, 23 Summer St., Taunton, Mass. c. gold coupon bonds, Mar. 1, 1900; due Mar. 1, 162 Harrishof St., ee Taunton & Pawtucket Street Railway Co.—Incorporated in 1904 to take over the property of the Bristol County Street Ry. Co., which was organized to build an electric road from Hebronville and Attleboro to Taunton, and was sold at receiver's sale on Dec. 17 1904, subject to the bonds shown below. CaPITAL Stock, authorized and issued, $100,000; par value, $100. MASSACHUSETTS McGRAW ELECTRIC RAILWAY MANUAL. 119 Funpep Drsr.—First mortgage 5 p. c. gold bonds of the Bristol TRACK AND EquipMENT.—Miles of track, 11.25; 8 cars. County St. Ry. Co., authorized, $250,000; issued, $200,000; coupon; Orricers.—Recr. Eugene H. Mather, 87 Milk St., Boston, but may be registered; dated 1901, due Jan. 1, 1921; denom. $1,000, int. payable Jan. and July at Federal Trust Co., Boston, Mass., trustee. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $50,799; total operating expenses, $48,720; net operating rev- enue, $2,079; taxes; $1,611; operating income, $468; other income, $34; gross income, $502; interest, $10,000; deficit for year, $9,498. TRACK AND EQuiIpMENT.—Miles of track (electric), operated, 18.8; I4 passenger cars and I snow plow. : Orricers.—Pres. John A. Arnold, Pawtucket, R.I.;Sec. & Claim Agt. James W. Burke, Taunton, Mass.; Treas. Geo. H. Newhall, Providence, R. J.; Gen. Mgr. & Pur. Agt. Arthur C. Ralph, Taunton, Mass.; Ch. Engr. Power Station, Joseph A. Proulx, Attleboro, Mass.: Mast. Mech. Lewis W. Field, Attleboro, Mass.; Roadmaster, J. Gil- more, Attleboro, Mass.; Park Mgr. R. A. Harrington, Providence, R.I. Direcrors.—John A, Arnold, Pawtucket, R. I.; Geo. H. Newhall and Edw. P. Metcalf, Providence, R. I.; C. A. Vialle and Jas. W. Burke, Boston, Mass.; Frank C. Wood, East Boston. GENERAL OFFICE, POWER STATION AND REPAIR SHop, Briggs Cor- ner, Attleboro, Mass. WARE. Population in 1910, 8,774. Ware & Brookfield Street Railway Co.—Organized in 1905 as successor to the Hampshire & Worcester Street Ry. Co., sold under foreclosure. Connects Ware, Gilbertville and West Brookfield. CaPITAL Stock, authorized and outstanding, $100,000; par $100. FunDED Desr.—First mortgage 5 p.c. gold bonds, authorized and outstanding, $135,000; dated Dec. 1, 1901, due Dec, 1, 1921; de- nom. $1,000; coupon, may be registered; int. payable June and Dec. at American Trust Co., Boston, Mass., trustee. OpERATION.—Year ending June 30, 1913. Total operating rev- enue, $33,932; total operating expenses, $39,115; net operating loss, $5,183; taxes, $668; interest, $6,750; loss, $12,601. TRACK AND EQuipMENT.—Miles of track, 12.12; motor cars, 8 trail passenger cars, I service car. OrFicers.—Pres. J. Edward Brooks, Sears Bldg., Boston, Mass.; V. Pres. Henry G. Brooks, 18 P. O. Square, Boston, Mass.; Sec. Dawes E. Furness, Sears Bldg., Boston, Mass.; Treas. Edw. W. Gil- bert, 89 State St., Boston, Mass.; Supt. John F. Lambert, Ware, Mass. Directors. —J. Henry Brooks, J. Edward Brooks, D. E. Fur- ness, Henry G. Brooks, Boston; S. Ladd, E. W. Gilbert, Cohasset, Mass.; H. M. Coney, Ware, Mass. GENERAL OFFICE, 45 Main St., Ware, Mass. I2 passenger WEBSTER. Population in 1900, 8,804; in 1910, 11,509. WEBSTER & DUDLEY STREET RAILWAY CO.—Incor- porated Oct., 1897, municipal franchise granted Feb. 14, 1898. Annual meeting first Wednesday in Nov. Lease dated Sept. 29, 1902, was assumed by the Consolidated Ry. Co. for the N.Y.,N.H.& H.R.R., which in 1908 transferred its holdings to the New England Invest- ment & Security Co. On Apr. I, 1907, was assigned to the Worcester & Southbridge Street Ry. Co., Worcester, Mass. Lease assumed by Worcester Consolidated Street Ry. Co., May 31, IgtI. CAPITAL STOCK, authorized and issued, $50,000. FunpEpD Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $30,000; dated Nov. 1, 1899, due Nov. 1, 1919; denom. $500; int. payable May and Nov. at office of the company. TRACK AND EQuIpMENT.—Miles of track (electric), 5.338. Orricers.—Pres. J. T. Harmer, Springfield; V. Pres. F. H. Dewey, Worcester; Clerk, F. P. McIntyre; Treas. L. Candee; Audr. J. W. Jamieson, Springfield, Mass. GENERAL OFFICE.—Massachusetts Mutual Bldg., Mass. WESTWOOD. Population in 1910, 1,266. Dedham and Franklin Street Railway Co.—Organized in Sept., 1904, and connects Dedham, Westwood, Walpole, Dover and Medfield. In 1912 receiver was appointed. OpEraTION.—Year ending June 30, 1913. Total operating rev- enue, $23,567; total operating expenses, $21,897; net operating rev- enue, $1,670; taxes, $203; operating income, $1,467; interest, $43; surplus, $1,424. TRACK AND EQUIPMENT.—Miles of track, 9.5; 8 passenger motor cars, 3 service cars. Orricers.—Recr. Eugene H. Mather, Mass.; Supt. W. E. Gardner, Westwood, Mass. GENERAL OFFICE, Westwood, Mass. Springfield, 87 Milk St., Boston, Medfield and Medway Street Railway Co.—Chartered in Massachusetts in 1899, and is an extension of the Dedham & Franklin Street Railway. Connects Medfield and Franklin. In 1912 receiver was appointed. Mass.; Supt. W. E. Gardner, Westwood, Mass. GENERAL OFFICE, Westwood, Mass. WHITINSVILLE. Population in 1910, 4,200, Linwoood Street Railway Co.—Chartered in Massachusetts in 1899; connects Whitinsville and Linwood. Annual meeting in Jan. CaPiITAL Srock, authorized and outstanding, $12,000. DivipDENDs.—In 1913, 6 p. c. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $18,193; total operating expenses, $12,823; net operating rev- enue, $5,370; taxes, $644; interest, $280; net divisible income, $4,446; dividends, $720; surplus for year, $3,726. TRACK AND EQuUIPMENT.—Miles of track, 2.28;6 passenger motor cars. OFFICERS.—Pres. Geo. B. Hamblin; V. Pres. Geo. M. Whitin; Treas. A. S. Noyes; Supt. Geo. Wilmot. Drrecrors.—Geo. B. Hamblin, Geo. M. Whitin, E. Kent Swift, Chester W. Lasell, A. S. Noyes, allof Whitinsville, Mass. GENERAL OFFIcE, Whitinsville, Mass. WINTHROP. Population in 1910, 10,132. Point Shirley Street Railway Co.—Organized in June, 1910; operates in Winthrop, between Beach Station and Point Shirley. CaPriraL Stock, authorized and outstanding $25,000; par $100. OpERATION.—Year ended June 30, 1913. Total operating rev- enue, $7,450; total operating expenses, $9,645; net operating deficit, $2,195; taxes, $452; other income, $81; gross deficit, $2,566; interest, $62; deficit for year, $2,647. TRACK AND EQuieMENT.—Miles of track (gasolene-electric), 1.2; 2 cars. Orricers—Pres. Melvin G. Adams; Sec. Henry L. Hoyt; Treas. & Supt. John A. Fenno, all of Boston, Mass. Directors.—Melvin O. Adams, Henry V. Cunningham, Karl Adams, Boston, Mass.; John A. Fenno, Newton, Mass.; Henry L. Hoyt, Cambridge, Mass. GENERAL OFFICE, 350 Atlantic Ave., Boston, Mass. WORCESTER. Population in 1900, 118,421; in IgIo, 145,986. WORCESTER RAILWAYS & INVESTMENT CO.—A voluntary association formed in Massachusetts in July, 1901. The company is managed by a board of trustees, in whom is vested the ownership of the entire capital stocks of the Worcester (Mass.) Consolidated Street Ry. Co., excepting the qualifying shares held by the directors, and of certain other companies which hold charters under the laws of Massa- chusetts and are engaged in enterprises closely identified with that of street railway transportation. The company also controls other securities of these corporations and other property rights. Annual meeting the Wednesday following the first Monday in Jan. This com- pany is controlled by the New England Investment & Security Co. The trustees have issued negotiable certificates or evidences of interest for 95,329 shares, each share representing a fractional bene- ficial interest in the property held by the trustees. DivipENDs of $2.25 per share have been paid on Feb. 1 and Aug. 1 of each of the following years: 1902, 1903, 1904, and $2 per share was paid on Feb. and Aug, 1905. $1 per share. was paid Nov. 1, 1905, to advance the payment date to May 1 and Nov. 1, and $2 May and Nov. 1, 1906 and 1907, $1.50 per share May 1 and Nov. Fs 1908, and May 1, 1909; $2 per share Nov. 1, 1909, May 2, 1910, and Nov. 1, 1910; $2 per share May 1 and Nov. I, 1911; $2 per share May 1 and Nov. 1, 1912; $2 per share May t and Oct. 31, 1913. The shares are non-assessable and holders are relieved from personal liability. STATEMENT OF EAarnincs.—Year ending Dec. 31, Igil. Igi2, 1913. GrOSS: INCOME sescin sa cots lene tererecndinre seca aves 2 $404,438 $407,642 $338,056 EXPENSES ..-. eee cee ee eee ce eet eens 3,494 1,542 1,749 INt€reSt:s.casgeecaea teow es aiaeeseke ws 8,562 DIVide nd Siicnwiiaiacis sc sios ba bis Aeusneesnanns 381,316 381,316 381,316 DUTP LUSS stireawieeree ts Ve tees sine 19,628 24,784 *53,5471 *Deficit. Orricers.—Pres. A. Geo. Bullock, Worcester, Mass.; V. Pres. J. T. Harmer; Sec. F. P. McIntyre; Treas. L. Candee, Springfield, Mass. CORPORATE AND MAIN OFFICE, Massachusetts Mutual Bldg. Springfield, Mass. 120 McGRAW ELECTRIC RAILWAY MANUAL MassACHUSETTS WORCESTER CONSOLIDATED —Chartered 1886. On Mar. 1, 1901, Suburban, Worcester & Marlborough, minster & Clinton, Clinton & Hudson and Fitchburg & Suburban Street Railway Companies. It leases the property of the North End St. Ry. for 99 years from Aug. 1, 1895, ata rental of $8,000 per an- num, and the Worcester & Shrewsbury for gg years from July 1, 1896. Operates in Worcester, Fitchburg, Marlboro, Northboro, Shrewsbury, Grafton, Millbury, Leominster, Lancaster, Hudson, Boylston, Berlin, Clinton, Westboro, Leicester, Spencer, West Boylston, Sterling, Au- burn, Oxford, Charlton, Southbridge, Sturbridge, Webster, South- borough, Holden, Sutton, Northbridge, Uxbridge, Blackstone, Lin- wood and Millville. Controlled by the Worcester Railways & In- vestment Co. Annual meeting first Thursday in Nov. Acquired the Worcester & Southbridge, Worcester & Blackstone Valley, Marl- borough & Westborough and the Worcester & Holden Street Railway Companies, on May 31, fg11. CAPITAL STOCK, authorized and issued, $5,112,000. DiviDENDs.—In 1906, 1907 and 1908, 514 p. c.; in 1909, 6 p. c.; in 1910, 34 p.c.;in IgIt, 614 p.c.; in 1912, 6% p.c.; in 1913, 5% p.c. Funpbep Desr.—First and refunding mortgage 4% p. c. gold bonds, issue limited to $5,000,000, outstanding $1,422,000; coupon, but may be registered; dated 1910, due Aug. 1, 1930; denom., $1000; int. pay- able Feb. and Aug. at office of company or its agency in Boston. Old Colony Trust Co., Boston, trustee. Subjectto call at 110 and interest on any interest day. Debenture 4% p.c. gold bonds, issue limited to $840,000, out- standing $700,000; dated Mar. 1, 1900, due Mar. 1, 1920; denom. $1,000; int. payable Mar.and Sept. at Fourth National Bank, NewYork. Debenture 5 p. c. bonds, authorized $1,364,000 outstanding $1,200,000; dated Nov. 1, 1907, due Nov. 1, 1927; denom. $1,000; int. payable May and Nov. at Old Colony Trust Co., Boston, Mass. Worcester & Marlboro Street Ry. Co.’s first mortgage 5 p. c. bonds, authorized and outstanding, $200,000; dated 1897, due Oct. 1, Ig17; int. payable Apr. and Oct. at office of American Trust Co., Boston, trustee. Worcester & Clinton Street Ry. Co.’s first mortgage 5 p. c. bonds, outstanding, $115,000; dated 1899; due Jan. 1, 1919; denom. $1,000; int. payable Jan.and July at American Trust Co., Boston, trustee. Worcester & Holden Street Ry. Co.'s first mortgage 5 p.c. gold coupon bonds, issue limited to $200,000, outstanding $150,000; dated Oct. 1, 1903, due Oct. 1, 1923; denom. $1,000; int. payable Apr. and Oct. at Worcester Trust Co., trustee. Redeemable at 105 on any in- terest date. Marlborough & Westborough Street Ry. Co.’s first mortgage 5 p- ¢c. bonds, authorized and outstanding $160,000; dated July, 1901, due July 1, 1921; denom. $1,000; int. payable Jan. and July at American Trust Co., Boston, trustee. Worcester & Blackstone Valley Street Ry. Co.’s first mortgage 4144 p. c. gold coupon bonds, authorized and outstanding, $200,000; dated Aug. I, 1906, due Aug. 1, 1926; denom. $1,000; int. payable Feb. and Aug. at office of company; Geo. B. Phippen, Boston, trustee. Uxbridge & Blackstone Street Ry.’s first mortgage 5 p. v. coupon bonds, authorized and outstanding, $80,000; dated 1903, due Feb. 2, 1923; denom. $1,000; int. payable Feb. and Aug. at Old Colony Trust Co., Boston, trustee. Uxbridge & Blackstone St. Ry. Co. 5 p.c. debentures, author- ized and outstanding, $40,000; dated Oct. 1, 1907, due Oct. 1, 1927; denom. $1,000; int. payable Apr. and Oct. at office of the company. Worcester & Southbridge Street Ry. Co.’s first mortgage 4% p. c. gold bonds, issue limited to $1,000,000, issued $700,000; dated Sept. I, Ig02, and June I, 1905; $500,000 due Sept. 1, 1922; $200,000 due June 1, 1925; denom. $1,000; int. payable Mar. and Sept. on the first named issue, and June and Dec. on the second named issue, at Inter- national Trust Co., Boston, trustee. STREET RAILWAY CoO. absorbed the Worcester & Worcester & Clinton, Leo- OpERATION.—Year end. June30, IgII. Igi2. IQI3. Revenue from passengers........ $1,874,821 $2,454,090 $2,608,989 a ‘freight and express. 5,790 II,218 16,848 fs ‘* light and power.... 14,884 5,921 5,364 ee other oper.sonrces. 22,943 36,612 42,053 Total operating revenue.........-- 1,918,438 2,507,841 2,673,254 General expenses.........-.-. 177,747 226,469 238,205 Transportation expenses...... 681,306 904,169 1,053,022 Dae fF Cs asesssestia Se aoa cose Snsuarteeneeesenoed 5,743 5,577 7,822 Maintenance of way & bldgs.. 185,901 242,182 289,262 as ‘“equipment.... 189,757 216,445 218,896 Total operating expenses......... 1,240,454 1,594,843 1,807,207 Net operating revenue............ 677,984 912,998 866,047 Other 1InGOmMe: soxesonncs nde eas iicies 3,539 4,177 3,791 Total imGOmit@s nx sn cuneate seek 5 xe 681,523 or 7,175 869,838 Interest on funded debt....... 142,931 272,665 210,640 es “* unfunded debt.... 52,731 82,346 104,770 FRAME Se ss careuceresiticconntnresicmssrsieseecee S I50,140 188,793 193,806 RE Mba Secs ices ceeceespetialale Wi ecein's ti 82,796 95,840 78,625 Net divisible income.............-. 252,925 337,531 281,997 Dividends paid.........++..-.5-+- 230,750 332,280 281,160 Surplus. fof Veale: es cca cs stgiwie acvs 22,175 5,251 837 ei ae nee previous year....... 261,837 134,239 136,848 Profit and loss adjustment......... aETF 2,642 11,582 Premium accounts. . es ae Rew cts aes Surplus from acquired companies.. 93.4 Total surplus account........+.-.. 134,239 136,848 126,103 P. c. oper. exp. to total receipts.... 64.66 63.59 67.6 STATISTICS OF TRAFFIC. Year ending June 30, Igit. Igt2. 1913. Fare passengers carried......... 38,658,573 49,498,815 52,644,767 Transfers redeemed ............- 9,308,523 10,356,986 11,324,796 Car miles run(passenger)........ 6,269,151 8,321,333 8,551,979 ee ‘* (fgt, exp.,mail,&c). 46,146 58,393 53,673 Car hours (passenger).........+. 693,297 877,738 903,500 « (freight, exp., mail, &c.) 8,981 9,656 8,501 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip..$12,255,915 Capital stock......... $5,112,000 Bonds of othercos.... 2,000 Funded debt......... 4,467,000 Other per. investments 76,928 Loans.......+-seeeee 2,473,100 (GAS asin caatits cusuacvaceet 117,764 Accrued interest...... 79,907 Bills & accts. receiv’ ble 71,979 < TAKES oer sosksed 145,317 Material and supplies. 360,284 Other accrued accts... 6,929 Prepaid accounts..... 12,199 Bills & accts. payable. 205,889 Other assets.......... 60,883. Premium accounts.... 232,433 Other liabilities...... 109,274 Profit & loss (surplus). 126,103 Totals « ccuces, yewe « SB1259574052 Total sis esidea net $12,957,952 TRACK AND EQuiIpMENT.—Miles of track (electric) 239.33, leased 28.82, total 268.15; 542 motor cars, 7 other cars, 35 snow plows. Orricers.—Pres. F. H. Dewey, Worcester, Mass.; V. Prests. J. T. Harmer and C. V. Wood, Springfield, Mass.; Clerk, F. P. Mc- Intyre, Springfield, Mass.; Treas. L. Candee; Audr. J. W. Jamieson, Springfield, Mass.; Gen. Mgr. Henry C. Page, Worcester, Mass. GENERAL OrFricz, Mass. Mutual Bldg., Springfield. Local office, 107 Main St., Worcester, Mass. Power stations at Worcester, North- borough, West Berlin, Charlton City, Millbury and Leominster. Repair shops at Worcester. WORCESTER & WEBSTER STREET RAILWAY CO.—Leased for twenty-five years from July 1, 1902, to the Webster & Dudley Street Ry. Co., and now operated by the Worcester Consolidated Street Ry. Co., which holds a lease of the rights and properties of the Webster & Dudley Street Ry. Co. CAPITAL STOCK, authorized and issued, $150,000. FuNnDED DestT.—First mortgage 5 p. c. bonds, authorized and is- sued, $150,000; dated Dec. 1, 1899, due Dec. 1, 1919; denom. $1,000; int. payable June and Dec. at International Trust Co., Boston, trustee. STATEMENT OF EarNINGS.—Year ended June 30, 1913. Gross revenue, $10,500; interest on funded debt, $7,500; other deductions, $3,000; deficit from previous year, $72,673. TRACK AND EQUIPMENT—Miles of track (electric), 15.4; cars in- cluded in lessee’s report. OrFicers.—Pres. J. T. Harmer, Springfield, Mass.; V. Pres. F. H. Dewey, Worcester, Mass.; Clerk, F. P. McIntyre; Treas. Leverett Candee; Audr. J. W. Jamieson, all of Springfield, Mass. GENERAL OFFICE, Massachusetts Mutual Bldg., Springfield, Mass. MICHIGAN. ADRIAN. Population in 1900, 9,654; in 1910, 10,763. ADRIAN STREET RAILWAY CO.—Chartered Feb. 13, 1900, for 30 years, as a reorganization of the Adrian Electric Street Ry. Co., sold at receiver’s sale on Dec. 17, 1897. Controlled by the Toledo Traction, Light & Power Co. CAPITAL STOCK, authorized $40,000, issued $30,000; par $100. FUNDED Dest.—First mortgage 5 p. c. gold coupon bonds, authorized and issued, $75,000; dated Apr. x, 1903, due Apr. 1, 1928; int. payable Apr. and Oct.; Cleveland Trust Co., Cleveland, O., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 4; 11 motor cars. OrrFicers.—Pres. & Gen. Mgr. F. R. Coates,Toledo, O.; V. Pres. A. Swartz, Toledo, O.; Sec. & Treas. C. E. Murray, Toledo, O.; Supt. M.E. Ingersoll, Adrian; Pur. Agt. C. T. Munz, Toledo, O.; Road- master, Jno. S. Deiter, Sylvania, O. BENTON HARBOR. Population in 1900, 6,562; in 1910, 9,185. _ The Benton Harbor-St. Joe Railway & Light Co.—Organ- ized Jan. 27, 1906, to succeed the Benton Harbor & St. Joseph Electric Ry. & Light Co., which was a consolidation of the St. Joseph & Benton Harbor Street Ry. Co., the Benton Harbor & Eastern Springs Electric Ry. and the Benton Harbor & St. Joseph Electric Light Co. CAPITAL StTock.—Common, authorized and outstanding, $800,000; preferred 6 p. c., authorized and outstanding, $400,000; par $100. MicHiIcan McGRAW ELECTRIC RAILWAY MANUAL 121 Funprep Drest.—First mortgage 5 p. c. gold bonds, authorized $200,000, outstanding, $160,000; dated Sept. 1, 1900, due Sept. 1, 1920; denom, $1,000; int. payable Mar. and Sept. at American Trust & Savings Bank, of Chicago, IIl., trustee. Sinking fund of $10,000 per annum, payable 1gro and thereafter. First consolidated mortgage 5 p. $1,000,000, outstanding $840,000; dated May 1, 1906, due Nov. 1, 1935; denom. $500 and $1,000; int. payable May and Nov. at Colum- bia Trust Co., Louisville, Ky., trustee. c. coupon bonds, authorized . Refunding 5 p. c. coupon bonds, authorized $2,500,000, outstand- ing $400,000; due Nov., 1935; denom. $500 and $1,000; int. payable May and Nov. at Columbia Trust Co., Louisville, Ky., trustee. OPERATION.—Year ending Dec. 31, Igit. IgI2. Ig13. Revenue from Passengers............. $216,244 $236,300 $218,815 a ne freight OF BL PTESS.4 cy oak 32,346 +e “light and power.......... 102,362 116,156 135,406 “ “* other operating sources... 11,722 I1,532 10,369 Total operating TEVENUC 665 oss + eee. 330,328 363,988 396,936 Maintenance of way & structures 20,459 - “* equipment...... 14,680 Traffic expenses................, 6,528 Transportation expenses........ 116,218 General expenses.............5, 24,536 Light and power dept........... 74,163 Total operating expenses ........... 256,583 Net operating revenue............... 140,353 PARES ie co aca c cei lags Sateen an gr 13,160 Interest on funded debt......... 66,000 pi ‘floating debt........ 3,988 Net divisible income................ 57,205 Dividends preferred......... ...... 24,000 Other deductions, depreciation...... 30,148 Surplus for year........ 0. cece eee ee 3,057 Surplus from previous year......... 33,419 Total surplus account............... 36,476 Operating expenses p. c. of earnings 66.64 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road and equip.$2,354,373 Capital stock..........$1,200,000 Bonds of other cos..... 600 Funded debt.......... 1,380,000 Other permanentinvsts. 135,802 Accrued interest....... 12,833 Cas Hie scceeis3c Sates etree ave 22,212 «* dividends..... 10,000 Bills & accts. recvble.. 33,755 Bills & accts. payable.. 72,859 Material & supplies... 16,984 Profit & loss (surplus). 36,476 Other assets (L. & P. equipment).......... 148,442 Total............... 82,712, 168 Totalecsfuo Gwaews $2,712,168 TRACK AND EQuiIpMENT.—Miles of track (electric), 52; 25 motor cars, 14 trail cars. Orricers.—Pres. & Treas. C. K. Minary, Benton Harbor, Mich.; V. Pres. Henning Chambers, Louisville, Ky.; Sec. L. W. Botts, Louisville, Ky.; Gen. Mgr. H. C. Mason, Benton Harbor, Mich.; Ch. Engr. Geo. J. Spalding, Benton Harbor, Mich.; Mast. Mech. Jas. F. Logan, Benton Harbor, Mich. 2 Directors.—C. K. Minary, H. C. Mason and H. S. Gray, Benton Harbor, Mich.; L. W. Botts, J. D. Stewart, Henning Chambers and Saml. Culbertson, Louisville, Ky. GENERAL OFFICE AND REPAIR SHOPS at Mich.; power station, St. Joseph, Mich. Benton Harbor, DETROIT. Population in 1900, 285,704; in 1910, 465,766. Detroit United Railway.—Chartered Dec. 31, 1900, for 30 years, to effect consolidations of electric street railways, and to purchase, own and construct new lines in Detroit and surrounding territory, and secured (through the Citizens’ Traction Co.) the Detroit Citizens’ Street Ry. Co., the Detroit Electric Ry. and the Detroit, Fort Wayne & Belle Isle Ry. Co. In 1901, absorbed by purchase the Wyandotte & Detroit River Ry., the Detroit & Northwestern Ry., the Detroit & Pontiac Ry., the Detroit, Rochester, Romeo & Lake Orion Ry., the North Detroit Electric Ry., the Detroit & Utica Ry. ;, also owns entire capital stock of the Detroit & Port Huron Shore Line Ry., the Sandwich, Windsor & Amherstburg Ry., the City Electric Ry., the electric light plant of Windsor, Ont., and the Detroit, Monroe & Toledo Short Line Ry. Co. In 1906 purchased the Detroit, Ypsilanti, Ann Arbor & Jackson Ry., the Jackson, Ann Arbor & Detroit Ry. and the Detroit, Plymouth & Northville Ry., which were reorganized as the Detroit, Jackson & Chicago Ry. Annual meeting first Tuesday in Feb. CaPITAL Srock, authorized and issued, $12,500,000; par value, $100 per share. DivipEenps.—First dividend Mar. 1, Ig0I, I p.c.; I p. c. quar- terly thereafter to Aug. 1, 1905, when rate was increased to 1 p. c. quarterly, which was paid up to and including Aug., 1907, then none until Mar., t911, when 1% p.c. was paid, and the same amount quar- terly thereafter until Mar. 1, 1913, when 1% p.c. was declared and continued up to date. Funpep Drst.—First mortgage 4% p. ce. gold coupon bonds, authorized $25,000,000, outstanding $14,586,000; dated Jan. 1, 1902, due Jan. I, 1932; denom. $1,000, subject to call in whole orin part at 105 and interest on 60 days’ notice; int. payable Jan. and July; Guaranty Trust Co., of New York, trustee; balance reserved for ac- quiring additional street railway properties at 75 p. c. of cost, and to retire underlying bonds. Collateral 6 p.c. gold notes, authorized and outstanding, $2,000,- ooo; dated 1914, due 1916; int. payable Feb. and Aug. Subject to call on 30 days’ notice at 102 and interest. Detroit Ry. Co.’s first mortgage 5 p.c. gold bonds, authorized $1,800,000, outstanding $1,750,000; coupon, but may be registered; dated June 1, 1895; denom. $1,000; int. payable June and Dec. at Cleveland Trust Co., trustee. Bonds numbered 1 to 600 mature in order of numbers, at $50,000 per annum, commencing Dec. 12, 1912; balance mature Dec. I, 1924. Detroit Electric Ry. Co.’s consolidated mortgage 5 p. c. gold bonds, authorized $2,800,000, issued $1,000,000; $1,800,000 are held in escrow to retire first mortgage bonds of that amount; coupon, but may be registered; dated June, 1896, due June 1, 1916; denom. $1,000; int. payable June and Dec. at Cleveland Trust Co., trustee. Detroit, Ft. Wayne & Belle Isle Ry. Co.'s first mortgage 5 p.c. gold bonds, authorized and issued, $1,200,000; dated Apr. I, 1898, due Apr. 1, 1928; denom. $1,000; int. payable Apr. and Oct.; New York Security & Trust Co., trustee. Subject to call on 60 days’ notice at 105 and interest. Detroit & Pontiac Ry. Co.’s first mortgage 5 p.c. gold bonds, authorized and outstanding, $500,000; coupon, but may be registered; dated Feb. 1, 1897, due Feb. 1, 1922; denom. $1,000; int. payable Feb. and Aug.; trustee, Washington Trust Co., of New York. Detroit & Pontiac Ry. Co.'s first consolidated mortgage 4% p. c. gold bonds, authorized $1,100,000, issued $600,000; dated June I, Igor, due June 1, 1926; denom. $1,000; int. payable June and Dec. at Union Trust Co., of Detroit, trustee. $500,000 of these bonds are reserved to retire the first mortgage bonds. Subject to call at I05 and interest on 60 days’ notice after June 1, ror. Wyandotte & Detroit River Ry. Co.’s first mortgage 5 p. c. gold bonds, authorized and issued $425,000; dated Dec. 1, 1898, due Dec. 1, 1918; denom. $1,000; int. payable June and Dec. at Union Trust Co., Detroit, trustee. Detroit & Northwestern Ry. Co.'s first mortgage 4% p. c. gold coupon bonds, authorized $1,000,000, issued $855,000; dated May 1, Igor, due May 1, 1921, denom. $100 and $1,000; int. payable May and Nov. at the Union Trust Co., of Detroit, trustee. Subject to call at Ios and accrued interest on 60 days’ notice after May 1, rorr. Detroit, Rochester, Romeo & Lake Orion R. R. Co.’s first mort- gage 5 p.c. gold bonds, authorized $1,250,000, issued $1,100,000; dated July 1, 1899, due June 1, 1919; denom. $500 and $1,000; int. payable Jan. and July at American Trust & Savings Bank, Chicago, trustee, and the Guaranty Trust Co., New York. Detroit & Flint Co.’s first consolidated mortgage 5 p. c. gold bonds, authorized, $3,000,000, issued, $1,400,000; coupon, but may be registered; dated Aug. 1, rgor, due Aug. I, 1927; int. payable Feb. and Aug.; City Trist Co., New York, trustee. $1,100,000 reserved to retire Detroit, Rochester, Romeo & Lake Orion R. R. Co. bonds. Subject to call at 100 and interest on 60 days’ notice after Aug. 1, IQII. OPpERATION.— Year ended Dec. 31, IQII. 1912. 1913. Earnings from operations....... $10,253,134 $11,695,530 $12,723,828 Operating expenses............ 6,580,042 7,730,409 8,694,230 Net earnings from operation..... 3,673,092 3,965,121 4,029,508 Income from other sources...... 178,813 208,857 251,937 Gross income less oper. expenses. 3,851,905 4,173,978 4,281,535 Int. & taxes D. U. Ry...... 1,544,571 1,539,974 1,553,133 “Rap. Ry. Systems...... 163,168 166,792 168,098 Hh SW REA OR Gas, ce 5H 3 le 35,261 35,414 37,534 ‘« D.M.& T. ShortLine Ry. 158,171 160,167 168,633 “SSD Ge @u RYickie wees FAG 222,227 221,166 223,660 NetinicOMe@ss 5 siccossiscn gener sess 1,728,507 2,050,465 2,130,477 Depreciation.......06. 0068 ances 400,000 500,000 500,000 Contingent reserve............. 100,000 100,000 Dividends. . 6s .cc.scexseasaees sey 625,000 625,000 750,000 To surplus account.............. 703,507 825,464 780,477 McGRAW ELECTRIC RAILWAY MANUAL MICHIGAN ras) a | Ss ‘ = . Kings Mill % € © ’o'Flint River Je. eS | € S 23 S ' s 5 % | 4 oe * Lapeer % ! aS. ke & FLINT (ks ay OE pass E \ R | % we? Imlay City SRAND p ° y | i TRUNK PORT HURON Swartz Creek Q oy | Tunne} & & | 6 Metamora i : Ry. ey, S Q Grand Blane XY + oe Ss Cc L Ag. WX ke Dryden i A a a eS w Jamost P PERE ‘-s Lamb, eet ae i = 2 & RQ ©” Marys % <= = -—__- ss aan Se -—-4—!.__-_ == > Carlton py if 6 oO . ‘ 4 Se Cee e ! Idlewild ff jg fad | D Vist < = oe 4 & Somerville § fs BR Cr inaen DY TRun, 1ON fae OXFORD | Q ‘ ST.CLAIR iN 5 “| Holly : , om Lenox The Oakland} Ni ~-—- = LAKE ORION eid ROMEO ie P gl.Iron W'ks eter z 3 Br, Rudd's Mis Av ionts as ¢ ° | SS Eames 4 & Goodison ican ey Clarkston © re . Yo és yen ™ & SF Washington o a wet x Oo Clyde o + Stony Creek ‘ K L N i ( Gherry Bch PONTIA b Koberts Ldg} 2 Sylvan Lake y €é— Cas: AKE 3 ORCHARDL g ‘ _— Oak Grove 9 SS O ate Q WALPOLE Wixom N,Farmington 2 hb f ISLAND x os fs 2 NV Z Hamburg Jeo S.Lyon FARMINGTON racy GRAND es sy as e & NORTHVILLE RS 2D ‘ = | R \ > & Ak. oot y Plymoutl QP C* i MICH. a CEN, j * O ns —— Soetoro a Fs Lima wae! a A LE —= fooew” q < et SS To ANN ARBOR Fi) Ger Nos@a Ae TRUNK A § ‘W TECUMSEH = Ee f . : , “antong PET W A SS H T E SANDWICH wer ad SALINE Roe A R I a. OF 2 O gitre ss Comber Manchester MICHIGAN 6 McGregor Dundee}; M-O0\ N 98 awewe -1718 -1825 .1884 Net earnings per car mile...... .0960 .0936 .0874, BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES, Total investment in Capital stock. .........812,500,000 property, etc..... . .-$41,200,312 Mortgage bonds...... 24,900,000 Treas'y bds.(D.U.Ry.) 1,565,000 Unredeemed tickets... 190,531 ee “ (D.& Pt.H. Depreciationfund..... 2,483,627 S.L.Ry.). 305,000 Current liabilities..... 3,398,893 oy “ (D. & L. St. Insurance fund, etc... 251,413 C. Ry.) 100,000 Contingent reserve.... 600,000 - “ (DJ. &C.) 520,000 Surplus.............. 5,781,903 a “" (D.M.& T.) 407,000 Stocks owned......... 2,983,134 Ins. reserve fund bds.. 31,003 Accounts current..... 2,127,313 Cashes sin sited etnodeaners 30,154 Accounts receivable... 86,358 Material and supplies.. 676,292 Prepaid accounts..... 74,801 Total scciacissyvs.c cexe $50,106,367 Rotali-tsse— amu OPERATED LINE Smtmmm UNDER CONSTRUCTION SM@MABt PROPOSED EXTENSIONS Bp BOAGAN GREEN f i Str Louis PARK PARK MANOR BROOKSIDE i omens» ameeny, Beatie IRWIN N | ( ae ae a ‘ij i a. a | p Ebeew OD a iN aN SBLOOMINETON MYLAND PRLDER ) ** PELyPr PARK ui VALLEY v Tew QSAVAGE ° ST" l/ S VorcnaRo sARDENS

2,384,124 Net Income: se sse 3 esigewsesdenwan es 942,922 1,009,170 | Reserve for doubtful accounts rec. 20,963 30,423 Appropriation for deposits and ac- . crued renewals, etc........... 500,000 Bond sinking fund........... 55,000 55,000 J Divid 6nd S 3 cwccsandajemus ices 470,375 352,781 SuPpliss..uulaikwed wdc es duneaeleaniece *103,146 570,966 1,245,263 Deficit May 31, 1909.............. 113,748 Surplus June I, 1908.............. 680,621 Total surplus siciccccncsneves eens 463,727 1,034,693 P.c. oper. exps. to gross receipts... 57.86 57-25 *Deficit. +Figures do not include the Kansas City & Westport Belt Ry. TRACK AND EQUIPMENT.—Miles of track (electric), 281.21; 604 motor cars, 58 trail cars and 95 service cars. OrFicers (Metropolitan Street Railway Co.).—Receivers, R. J. Dunham and F. F. Harvey; Pres. & Gen. Mgr. Jno. M. Egan; V. Pres. Frank Hagerman; Sec. & Treas. J. A. Harder; Gen. Coun- sel J. H. Lucas; Compt. Robt. J. Clark; Gen. Supt. J. E. Gibson; Audr. C. F. Cole; Gen. Acct. E: J. Bowers; Gen. Mgr. L. H. Egan; Ch. Engr. A. E. Harvey; Elec. Engr. Chas. E, Fritts; Mast. Mech. Geo. J. Smith, all of Kansas City, Mo. Orricers (Kansas City Railway & Light Co.).—Pres. Jno. M. Egan; V. Pres. Frank Hagerman, Sec. & Treas. J. A. Harder; Gen. Counsel, J. H. Lucas; Compt. Robt. J. Clark; Elec. Engr. Chas. E. Fritts. Direcrors.—R. J. Dunham, J. Ogden Armour, Chicago, IIl.; C. W. Armour, Jno. F. Downing, Henry C. Flower, Edw. George, Jos. J. Heim, E. F. Swinney, J. M. Egan, Frank Hagerman, Wm. Huttig, Chas. S. Keith, Kansas City, Mo.; Kenneth K. McLaren, Jersey City, N. J.; G. W. Bacon, New York City. GENERAL OFFICE, 1500 Grand Ave.; power stations, ad St. and Grand Ave.; repair shops, 9th & roth Sts. and Lister Ave., Kansas City, Mo. EE TT Kansas City, Lawrence & Topeka Electric Railroad Co.— Chartered June, 1909, for 99 years, and is a consolidation of the Kansas City & Olathe Electric Railroad Co., the Kansas City & Olathe Electric Ry. Co. and the Kansas City & Topeka Ry. Co. An- nual meeting in May. Twelve miles of track, from Rosedale to Shawnee and East Zarah, is in operation. Enters Kansas City over tracks of Metropolitan Street Ry. CAPITAL STocK, authorized $1,050,000, outstanding $250,000. Funpep Drst.—First mortgage 5 p. C. gold bonds, authorized $2,280,000, outstanding $400,000; balance held in treasury for con- struction purposes; dated Sept. 1, 1909, due Sept. 1, 1939; denom. $1,000; int. payable Mar. and Sept. at Commerce Trust Co., Kansas City, Mo., trustee, or Guaranty Trust Co., New York City. Track AND EQuipMENT.—Miles of track (electric), 12; 4 double and 7 single truck passenger motor Cars, 2 service cars. Orricers.—Pres. & Pur. Agt. F. P. Dickson, 408 Gumbel Bldg., Kansas City, Mo.; V. Pres. D. B. Johnson, Merriam, Kan.; Sec. & Treas. R. W. Hocker, Gumbel Bldg., Kansas City, Mo.; Supt. W.C. McBain, Merriam, Kan. DirecTors.—F. P. Dickson, R. W. Hocker, D. B. Johnson, R. O. Larsen, Geo. Holsinger, J. A. Stewart. GENERAL OFFIce, Rosedale, Kan.; power station and repair shops, Merriam, Kan. . The Missouri & Kansas Interurban Railway Co.—Chartered Apr. 27, 1904, for 99 years. Municipal franchise granted Jan. 1, 1907, for 20 years. Annual meeting first Monday in Mar. Connects Kansas City, Mo., and Olathe, Kan. CapPITAL Stock, authorized and outstanding, $1,000,000; par $100. FunpED Desr.—First mortgage 5 p. c. gold coupon bonds, auth- orized and outstanding, $600,000; dated Jan. 1, 1906, due Jan. 1, 1956; denom. $1,000; int. payable Jan. and July at Fidelity Trust Co., Kansas City, trustee. Yr. end. Dec. 31, OPERATION.—Year ending Mar. 31, IgII. 1913. Gross revenue from passengersS........... ena $88,889 $86,958 es as ‘freight and express.......... 7,208 10,636 ae ae ‘“* lightand power........... Siee 1,204 346 i - “* all other sources............. 1,362 1,561 Gross INCOME smashes vat aeons: SARS das A URaed 98,663 99,501 Operating expenses .......... 0... cece cece eee eee 46,913 58,029 Net revenue seeca ce dd ase cos Sena Side acd i wea blelaseuctancusates 51,750 41,472 Interest on funded debt...................... 30,000 28,354 WAXES -cisase pamsisled ae ware he adedane elem maee Mo eeials 2,040 5,778 NGC 1M CO ME ii vecssaroransdn natiia audla hoawica sees eren ook 19,710 7,340 TRACK AND EQuIPMENT.—Miles of track (electric), single, 22; 8 motor cars, 3 trail and 2 freight cars. OrFicers.—Pres. W. B. Strang; V. Pres. H. C. Brent, Kansas City, Mo.; Sec. & Treas. E. N. Daniels; Gen. Mgr. & Pur. Agt. Thos. Riley, all of Overland Park, Kans. Direcrors.—W. B. Strang, H. C. Flower, Lee Clark, H. C. Brent, Thos. Riley, E. N. Daniels, W. Borchers. GENERAL OFFICE, POWER STATION AND REPAIR SHOPS at Over- land Park, Kansas City, Kans. . Kansas City, Clay County & St. Joseph Railway Co.—Incor- porated Mar. 22, IgiI, in Missouri, to build an electric or steam rail- way extending from Kansas City to St. Joseph and Excelsior Springs, passing through Dearborn, Liberty and Mosby; 68.64 miles will be on private right of way. Franchises extend to 1960. In rg12 a contract was made under which through Kansas City cars of this company will be operated in St. Joseph, Mo., over tracks of the St. Joseph Railway, Light, Heat & Power Co. Owns entire stock of St. Joseph Electric Ry. Co. Annual meeting second Monday in Jan. CapiTaL Srock, authorized $10,000,000, outstanding $4,000,000; par value, $100. Funpep Dest.—First 5 p. c. 30-year gold bonds, authorized $y0,- 000,000, outstanding $3,135,000; dated Sept. 1, 1911, due Sept. r, IQ4I; denom. $1,000; coupon, but may be registered as to principal; issued in part payment for construction of road and secured by first lien on entire property. Sinking fund of 1% p.c. of bonds outstanding be- gins Sept. 1, 1917, and annually thereafter. Subject tocallat 105 and interest after Sept. 1, 1915. OPERATION.—7 mos. ended Nov. 30, 1913. Total operating revenue............ cc cece eee e eee e eee vee. -B377,402 “ CXPENSES: seerscasel Dew usa envi derg glee aaa 178,919 Hotalnet TEVENUC hac 43:5 gestae sconseelieda aware s ede ealwe ¢hewon 198,483 ARES OS cies sts <5 bat act ahiah a sabany astm wegsabnta beat ose Ma NEN Su et erereee % ek eG ede 12,000 TMECECS ES Sosterasauste lees evan vigeemmnsrunlanve nhs hae Ree yanede eum ats 91,567 SULplUS fOr ‘Years wescsadvis ces se Mekeealee views 084cs waceouand 94,916 Operating expenses p. c. of earnings, excluding taxes....... 47.41 me ee ee ae “ including ‘ ....... 50.59 TRACK AND EQUIPMENT.—Miles of track, 77.61; 16 passenger motor and 5 express motor cars, 5 trail cars and 1 service car. OrricEers.—Pres. P. L. Saltonstall, 53 State St., Boston, Mass.; V. Pres. Thomas A. Reynolds, 55 Wall St., New York, N.Y.; Sec. I. D. Hook; Treas. & Audr. H. F. Mayer; Gen. Mgr. & Pur. Agt. J. R. Harrigan; Gen. Supt. Chas. W. Ford; Supt. Transpt. J. A. Weiner; Claim Agt. R. S. Mahan; Gen. Pass. Agt. John H. Miller; Gen. Fet. Agt. J. F. Holman; Ch. Engr. Robt. P. Woods; Mast. Mech. J. N. Spellman. GENERAL OFFICE, cor. 13th and Walnut Sts., Kansas City, Mo.; repair shops, North Kansas City, Mo. MEXICO. Population in 1910, 5,939. Mexico Investment & Construction Co.—Successor by pur- chase at foreclosure sale of the Mexico, Santa Fe & Perry Traction Co., which was incorporated to build an interurban line between Mexico, Santa Fe, Columbia, Fulton, Hannibal and Perry. CaPiITAL Srock, authorized and outstanding, $60,000. McGRAW ELECTRIC RAILWAY MANUAL Missouri TRACK AND EQuiIpMENT.—Miles of track (completed), 13; 2 motor cars, 2 other cars. OrFicers.—Pres. Marshall Ruso, Pilot Grove, Mo.; V. Pres. J. A. Botts, Molino, Mo.; Sec. & Treas. W. W. Botts; Supt. Jeff D. Bates; Ch. Engr. O. J. Engle; Mast. Mech. R. Wright. GENERAL OFFICE, Mexico, Mo. NEVADA, Population in 1910, 7,176. The Fort Scott & Nevada Light, Heat, Water & Power Co. —Successor to the Gunn Pipe Line Co. Purchased the Nevada Light, Heat & Water Power Co., which was formerly the Nevada Water, Light & Traction Co. Operates local street railway in Nevada. TRACK AND EQUIPMENT.—Miles of track, 5; 9 cars. OFrFICERS.—Pres. W. C. Gunn: V. Pres. W. R. Gunn; Sec. W. J. Smith; Treas. W. K. Calhoun, all of Fort Scott, Kan. GENERAL OFFIcE, Fort Scott, Kan. ST. JOSEPH. Population in 1900, 102,979; in 1910, 77,403. ST. JOSEPH RAILWAY, LIGHT, HEAT & POWER Co,— Chartered Nov. 17,1895. Principal railway franchises are without limit of time, others expire from 1935 to 1958; electric light, power and heat- ing franchises are perpetual. Controls the St. Joseph & Savannah Inter- urban Ry. Co., operating between St. Josephand Savannah. Absorbed the St. Joseph Traction & Lighting Co., People’s Ry., Light & Power Co., Citizens Ry. Co., Union Ry. Co., Lake View Ry. Co., Lake Improvement Co. and St. Joseph Steam Heating Co. Operatesall the street railways in St. Joseph and vicinity and also does all the electric lighting business in the city and sells steam heat. Population served, 85,000. Annual meeting third Tuesday in Jan. In 1912, a contract was made with the Kansas City, Clay County & St. Joseph Railway Co., under which through Kansas City cars of that company will be operated over the tracks of this company in St. Joseph, Mo. In Jan., 1913, control acquired by Cities Service Co. CapiraL Srock.—Common stock, authorized and issued, $3,500, - 000; par value, $100 per share. Preferred stock, 5 p.c. cumulative, au- thorized $2,500,000, issued $1,560,000; par value, $100 per share. DivipEnps.—Dividends on preferred stock are 5 p.c. cumulative, payable quarterly, and have been paid regularly since Jan. 1, 1903, to and including Jan., 1914. A dividend of 1 p. c. was paid on the com- mon stock in 1908; in 1909, 1910 and 1911, 2 p.c.; in 1912, Mar., % p.c.; June, % p.c.; Sept., % p.c.; Dec., % p.c.; in 1913, 2 p.c. FuNDED Dest.—First mortgage 5 p. c. gold bonds, authorized $5,000,000, outstanding $4,832,000; reserved $168;000; coupon, but may be registered; dated Nov. 1, 1902, due Nov. 1, 1937; denom. $1,000; int. payable May and Nov. at Redmond & Co., New York; Trust Co. of America, New York, and Missouri Valley Trust Co., St. Joseph, Mo., trustees. The bonds reserved may be issued at not to exceed 85 p. c. of cost of additions and betterments. St. Joseph & Savannah Interurban Ry. first mortgage 5 p.c. gold bonds. authorized $2,000,000, outstanding $326,000; dated Apr. 1, Igto, due Apr. I, 1940; denom. $1,000; coupon, may be registered; int. payable Apr. and Oct. at Empire Trust Co., St. Joseph, Mo., trustee. Subject to call at 102% and interest. Guaranteed as to principal and interest by St. Joseph Railway, Light, Heat & Power Co. OpERATION.—Year ending Dec. 31, TQII. IgI2. 1913. Gross: INCOME: ¢ x24 cians eee vane 4 $1,099,285 $1,179,839 $1,252,904 Operating expenses............... $681,327 613,494 712,228 Gross income less oper. expenses... 417,958 566,345 540,676 Fixed charges...........0.000e eee $231,608 291,589 241,365 Income, less fixed charges........ 186,350 274,756 299,311 P. c. oper. expns. to gross recpts.. 57-23 52 56.85 +Includes taxes. {Interest only. STATISTICS OF TRAFFIC. Year ending Dec. 31, IgIo. IQII. I9gI3. Fare passengers carried.......... 19,872,662 20,776,166 21,308,629 Passenger car mileage........... 2,983,341 3,158,285 3,174,312 ee OO NOUS tsg ears a ses 332,442 358,065 362,204 Average revenue per car mile. . or $.234 $.237 $.246 Operating expenses per car mile.. s123 aay 146 TRACK AND EQuipMENT.—Miles of track (electric), 48.71; 145 motor cars, 41 trail cars. OrFicers. —Pres. C. M. Clark; V. Pres. E. W. Clark, Jr., Phila- delphia, Pa.; V. Pres. &Gen. Mgr. J. H. Van Brunt, St. Joseph, Mo.; Sec. & Treas. G. L. Estabrook, Philadelphia, Pa.; Audr., Asst. Sec. & Asst. Treas. Chas. E. Foster: Supt. Transpt. oO. L. Bocock; Pur. Agt. Fred. E. Henderson; Claim Agt. C. R. Innis; Elec. Engr. H. A. Cowgill; Mast. Mech. Fred. Steffens; Roadmaster, W. S, Harring- ton, all of St. Joseph, Mo. ' } Direcrors.—C, M. Clark, Philadelphia, Pa.; Fredk. Strauss, New York City; R. A. Brown, J. H. Van Brunt, Eugene Cooper, Chas. FE. Foster, St. Joseph, Mo.; Henry L. Doherty, F. W. Frueauff, New York City. GENERAL OFFICE, 424 Edmond St.; power station, foot of Edmond St.; repair shops, St. Joseph and Highland Aves., St. Joseph, Mo. ST. LOUIS. Population in 1900, 575,238; in 1910, 687,029. UNITED RAILWAYS CO. OF ST. LOUIS.—Chartered in Missouri Mar. 11, 1898. Anordinance passed on Apr. 12, 1898, author- ized the construction of 79.50 miles of street railroad on several of the most important streets, and gave authority to acquire by lease or pur- chase any other street railroad in the city. This franchise runs for fifty years. Controlled by the North American Co., New York City. CapiraL Stock.—Common, authorized $25,000,000, outstanding $24,913,800. Preferred, authorized $20,000,000, outstanding $16,383,- 200; held in treasury $3,603,300. The stock held in the treasury is reserved for acquisition of stock of constituent companies. Dividends on preferred stock have been paid regularly at the rate of 5 p. c. per annum since Apr., 1900, to July, 1910, inclusive; none since. FunDED Desr.—General first mortgage 4 p. c. gold bonds, author- ized $42,000,000, outstanding $31,582,000, of which $300,000 are in treasury; held in escrow to retire underlying liens, $10,118,000; | coupon, but may be registered; dated 1899, due July 1, 1934; denom. $1,000; int. payable Jan. and July at St. Louis Union Trust Co. in St. Louis, trustee, or at North American Co., 30 Broad St., New York City. Lindell Railway Co.’s first mortgage (originally bearing 5 p.c. interest, but reduced when extended in 1911 to 4¥% p.c.) gold bonds, authorized and issued, $1,500,000; dated Aug. 1, 1891, due Aug. I, IgII, but extended to Aug. 1, 1921; denom. $1,000; int. payable Feb. and Aug. at North American Co., New York, and at Mercantile Trust Co., St. Louis; St. Louis Union Trust Co., St. Louis, trustee. Compton Heights, Union Depot & Merchants’ Terminal Railroad Co.'s first mortgage 5 p.c. gold coupon bonds, authorized and issued, $1,000,000; dated July 1, 1893, due July 1, 1923; denom. $1,000; int. payable Jan. and July at Mercantile Trust Co., St. Louis, or St. Louis Trust Co., of St. Louis, trustee of mortgage; subject to call after July 1, 1914, at 102% and interest on any interest date at 60 days’ notice. Guaranteed, principal and interest, by indorsement on each bond by the United Railways. These were originally 6 p. c. bonds, maturing July 1, 1913, but were extended 10 years at 5 p.c. St. Louis Railroad Co.’s first mortgage 4% p. c. coupon bonds, authorized $2,000,000, issued $1,948,000; dated May 1, 1890, due May I, 1920, at St. Louis Union Trust Co., trustee; denom. $1,000; int. payable May and Noy. These were orginally 5 p. c. bonds, maturing May 1, Ig10, but were extended for 10 years at 4 p. c. Cass Avenue & Fair Grounds Railway Co.'s first mortgage (origi- nally bearing 5 p. c. interest, but reduced when extended in 1912 to 4% p. c.) gold bonds, authorized $2,000,000, outstanding $1,800,000; coupon, but may be registered; dated July 1, 1892, due July 1, 1912, but extended to July 1, 1922; denom. $1,000; subject to call at 1020n July 1 of any year; sinking fund of $10.0c0 per annum; int. payable Jan. and July at Northern Trust Coy, of Chicago, Ill., trustee of mortgage, and St. Louis Union Trust Co., St. Louis, Mo. These bonds are guaranteed by the National Ry. Co. Southern Railway Co.’s consolidated mortgage 6 p. c. bonds, authorized and issued, $500,000; coupon, but may be registered; dated May 6, 1890, due May 1, 1915; denom. $1,000; int. payable May and Nov. at Fidelity Trust Co., Louisville, Ky.; trustee, Fidelity Trust & Safety Vault Co., of Louisville, Ky. Southern Electric R. R. Co.’s mortgage of 1896 5 p.c. gold coupon bonds, authorized and issued, $200,000; dated Aug. ee 1806, due Ties I, 1916, denom. $1,000; int. payable Feb. and Aug. at St. Louis Union Trust Co., St. Louis, Mo.; Fidelity Trust & Safety Vault Co., Louisville, Ky., and Mississippi Valley Trust Co., St. Louis, Mo., trustees of mortgage. : Union Depot R. R.’s consolidated mortgage 6 p. c. gold bonds, authorized and issued, $3,500,000; coupon, but may be registered; dated June 1, 1893, due June 1, 1918; denom. 1,000; int. payable June and Dec. at St. Louis Union Trust Co., St. Louis, Mo., and Mississippi Valley Trust Co., of St. Louis, trustee of mortgage. St. Louis & Suburban Ry. Co.'s first mortgage § p. c. old bonds, authorized $2,000,000, issued Braces oe Blo case dated Feb. 1, 1891, due Feb. I, 1921; denom. $1,000; int. payable Feb. and Aug. at American Loan & Trust Co., of Boston, trustee of mort- gage. Redeemable at ros. , St. Louis & Suburban Ry. Co.’s general mortgage .c. gold bonds, authorized $7,500,000, issued $4,500,000; eee ite Prior liens, $3,000,000; coupon, but may be registered; dated Apr. 1 1903, due Apr. 1, 1923; denom. $1,000; int. payable Apr. and Oct. at Mississippi Valley Trust Co., St. Louis, Mo., trustee of mortgage. St. Louis Cable & Western Ry. Co.’s first mortgage 6 p. c. bond outstanding, $600,000; dated Nov. 1, 1884, due Nee Prone ae payable Mar. and Nov. at Farmers’ Loan & Trust Co., of New York. Missouri McGRAW ELECTRIC RAILWAY MANUAL 139 St. Louis & Meramec River R. R. Co.’s first mortgage 6 p. c. gold bonds, authorized and issued, $1,000,000; coupon, but may be regis- tered; dated May 8, 1896, due May 8, 1916; denom. $1,000; int. paya- ble May and Nov. at Mississippi Valley Trust Co., St. Louis, Mo., trustee. In Apr., 1903, the St. Louis & Meramec River R. R. Co. executed a mortgage to secure $3,000,000 bonds, of which $1,000,000 are reserved to take up the bonds in 1916, and $2,000,000 are de- posited with the trustee as additional security under the mortgage of 1903. OpERATION.—Year ending Dec. 31, Bae j IgiI. IgI2. 1913. arnings from passengers.... oe ee ae | $11,824,413 $12,156,768 a ‘* other sources.... 89,740 94,323 Gross income. eee eeeeeeeeeees IT,QI4,153 12,251,091 $12,702,645 Operating expenses............ 6,145,945 .+7,828,502 48,573,617 Gross inc. less operating exps... 5,768,208 4,422,589 4,129,028 Interest........ suisvieain Sarenoachs 2,740, 306 2,696,197 2,651,013 TPARES) a siicsinint ciscetatore yA oeauercnaiie 652,702 652,222 653,674 Other deductions....... eee 1,TQI,4I5 9,660 Net income ies cacsaccn'es weenie 1,183,785 1,074,170 814,681 Income from other sources..... 44,730 64,917 84,350 Surplus...... Ea Fe Rea Bae ew Se 1,228,515 1,139,087 899,031 t Includes depreciation. STATISTICS OF TRAFFIC. Year ending Dec. 31, IgII. 1912. 1913. Revenue passengers carried... 238,240,795 244,386,564 253,158,476 Transfers redeemed.......... I10,293,228 113,001,983 123,266,765 Total passengers carried...... 348,534,023 357,388,547 376,425,241 Passenger car mileage........ 40,783,189 Other “ MS Vana cte cages 314,504 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Property and plant. ..$101,768,304 Capital stock.........$41,297,000 Other stocks & bonds 655,875 Funded debt......... 58,003,000 Material & supplies. . 705,290 Current liabilities.... 690,918 Notes & accts. receiv. 251,444 Inj.& damages reserve 200,000 U.S. Govt. 2p.c.bds. 1,200,000 Insurance reserve.... 432,283 Cash in banks, trust Depreciation reserve. 952,244. cos. & depositories. 252,962 Accrued interest..... 1,012,010 Cash on deposit to Profit & loss (surplus) 2,326,216 pay coupons......- 48,182 Prepaid accounts.... 31,614 Total ster ecuacees $104.913,671 Total.vskecersesge $104,913,671 TRACK AND EQuipMENT.—Miles of track (electric), 461.13; 1,358 passenger motor cars, 9 special cars, 10 mail cars, 7 express cars, 8 snow plows, 33 snow sweepers, 2 electric locomotives, 162 service cars. Orricers.—Pres. & Gen. Mgr. Robt. McCulloch; V. Pres. & Asst. Gen. Mgr. Richard McCulloch, Sec. & Treas. James Adkins; Gen. Counsel, H. S. Priest; Audr. H. P. Taylor; Supt. Transpt. Bruce Cameron; Supt. Power Stations, Walter E. Bryan; Mast. Mech. M. O'Brien; Roadmaster, Wm. Finn; Claim Agt. Chas. B. Hardin. Direcrors.—John I. Beggs, W. J. Kinsella, James Campbell, Murray Carleton, Robt. McCulloch, H. S. Priest, Richard McCulloch, A. C. Einstein, Henry H. Hillard, D. R. Francis, Jr., A. C. Brown, all of St. Louis, Mo. GENERAL OFFICE, 3869 Park Ave.; power houses, Park & Van- deventer Aves., Hodiamont and Horton Place, and 2d and Salisbury Sts.. St. Louis. Mo. ST. LOUIS TRANSIT CO.—Organized Mar. 6, 1899, in Mis- souri, and leased all the lines controlled by the United Railways Company of St. Louis, excepting the St. Louis & Suburban Ry. systenr. This lease was, however, surrendered on Oct. 31, 1904. CAPITAL STOCK, authorized $20,000,000; nearly all of the $17,- 264,300 outstanding stock has been exchanged for common stock of the United Railways Co. of St. Louis, on the basis of $200 United Railways stock for every $500 of Transit Co.'s stock. St. Louis Transit Co. improvement 5 p. c. gold bonds, outstand- ing $10,000,000, of which $120,000 are in treasury; dated Oct. £, 1904, due 1924; coupon, but may be registered, denom. $1,000; int. pay- able Apr. and Oct. at Mercantile Trust Co., St. Louis, Mo., trustee, or at North American Co., New York. Guaranteed principal and interest by the United Railways Co. of St. Louis, and secured further by a mortgage on its entire system. 1SSOURI ELECTRIC RAILROAD.—Incorporated in July, see and took over the St. Louis, St. Charles & Western Railroad Co., Louis, St. Id at foreclosure sale on July 24, 1905. Road connects St. i Charles, Pattonville and Bridgetown, Mo. Controlled by the United Rys. Co. of St. Louis. CAPITAL STOCK, authorized and outstanding, $1,000,000. Funpep Dest.—First mortgage bonds, authorized, $1,000,000; out- standing, $700,000; reserved, $70,000; coupon, but may be registered; dated Aug. 1, 1908, due Aug. 1, 1918; denom. $1,000; int. payable Feb. rand Aug. 1 at Mercantile Trust Co., St. Louis, Mo., trustee. Subject to call on and after Aug. 1, 1909, at par and interest, on 60 days’ notice. The $700,000 of bonds out are all held in treasury of United Rys. Co. of St. Louis. TRACK AND EquirpMentT.—Miles of track (electric), 20; 16 cars. Orricrrs.—Pres. Robt. McCulloch, St. Louis, Mo.; V. Pres. Richard McCulloch, St, Louis, Mo.; Sec. & Treas. Jas. Adkins, St. Louis, Mo.; Audr. H. P. Taylor, St. Louis, Mo.; Supt. L. Hesserick, St. Louis, Mo. GENERAL OFFICE, 3869 Park Ave., St. Louis, Mo.; repair shops, 2 miles from St. Louis city limits. ST. LOUIS ELECTRIC TERMINAL RAILWAY CO.—Organ- ized to build a freight and passenger terminal in St. Louis in connec- tion with the McKinley -Bridge (opened Nov. 10, 1910) over the Mississippi River, which affords entrance to the Illinois Traction Co. to St. Louis. Franchise for 50 years. Also owns and operates Citizens Railway Co. of Venice and Granite City. Carita. Srock.—Common, authorized and outstanding $1,000,000, controlled by Illinois Traction Co.; preferred, authorized and out- standing $1,000,000. DivIDENDs.—On preferred in IgI2, 5 p. c. Funpep Drsr. — Temporary bonds, first mortgage, graded, 3 to 5 p. c. bonds, authorized $3,500,000, issued and outstanding $1,- 724,000, in escrow $1,776,000; dated Dec. 1, tg09, due Dec. I, 1929; denom. $1,000; int. payable June and Dec. 1 at Merchants Bank of Canada, Montreal; L. H. Ewing and James Tasker trustees. TRACK AND EQUIPMENT.—Miles of track, 10; 20 double truck pas- senger motor and Io trail passenger cars of the prepayment type; I electric locomotive and 2 service cars. St. Louis, Lakewood & Grant Park Railway.—Incorporated in 1906 for 999 years. Connects St. Louis, Lakewood, Forest Heights and Grant Park. Owns Grant Park; reaches Elderbecks Park. Con- trols Carondelet & Webster Groves Railroad. CapiITaL Stock.—Authorized and outstanding, $300,000. FuNnpDED Dent.—First mortgage 5 p.c. gold bonds, authorized $300,000, outstanding $75,000; dated 1906, due 1956; denom. $1,000; int. payable Apr. and Oct. at St. Louis Trust Co., St. Louis, Mo., trustee. TRACK AND EQUIPMENT.—Miles of track, 10; 8 cars. OrFicers.—Pres. & Pur. Agt. Willard E, Winner; V. Pres. & Gen. Mgr. J. G. Hughes; Sec. H. Chauteau; Treas. J. F. Betts; Roadmaster, F. Piper. GENERAL OFFICE, 24 Rialto Bldg., St. Louis, Mo. SEDALIA. Population in 1900, 15,231; in 1910, 17,822. CITY LIGHT & TRACTION CO.—Incorporated in Missouri July 23, 1912, to acquire the property of the Sedalia Light & Trac- tion Co., which was suld under foreclosure on June 7, 1912, and the Sedalia Ice, Light & Fuel Co. The Sedalia Light & Traction Co. was incorporated on Dec. 17, 1906, and absorbed the Railway & Electric Co. of Sedalia, Sedalia Electric Ry., Light & Power Co., Sedalia & Brown Springs Ry. Co., Sedalia Electric & Ry. Co. and the Sedalia Gas & Electric Co. Municipal franchises granted in Jan., 1890, for 50 years. Operates a railway and a lighting plant, gas plant and two ice plants. Controlled by the Cities Service Co., New York. CapiraL Stock.—Common, authorized and outstanding, $1,000,- ooo; preferred cumulative, authorized $500,000, outstanding $400,000. DivipENDs.—Dividends of 1 p. c. were paid in 1913 on preferred stock, and will increase 1 p. c. annually until 5 p’ c. is reached. Dividends guaranteed by Gas Securities Co. Funpep Dest.—First mortgage 5 p. c. sinking fund gold bonds, authorized $2,500,000, outstanding $670,000; dated Aug. 1, 1912, due June 1, 1952; denom. $100, $250, $500 and $1,000; coupon, may be registered as to principal: int. payable June and Dec. at New York Trust Co., New York, trustee. Subject to call at ro5 and interest on any interest date. Sinking fund of 1 p. c. of outstanding bonds com- mences June I, 1922. TRACK AND EQuiIpMENT.—Miles of track (electric), 9; 24 motor cars. OrFicers.—Pres. Henry L. Doherty; 1st V Pres. Frank W. Frue- auff; 2nd V. Pres. David O. Hoag; Sec. E. C. Pfenning; Treas. & Gen. Mgr. H. D. Frueauff. GENERAL OFFICE, 404 South Ohio St., and power station and re- pair shops, Sedalia, Mo. SPRINGFIELD. Population in 1900, 23,267; in IgI0, 35,201. SPRINGFIELD RAILWAY & LIGHT CO.—Chartered in Maine in Nov., 1905, and controls through stock ownership, the Springfield Traction Co. and the Springfield Gas & Electric Co. These two companies do all the street railway, gas, electric light and power business of Springfield, Mo., and also supply steam heat. Electric light franchise granted in perpetuity; gas franchise expires in 1929; railway franchise, 1944. Controlled by the Federal Light & Traction Co. Annual meeting second Monday in Jan. 140 McGRAW ELECTRIC RAILWAY MANUAL Montana CAPITAL Stock, authorized and outstanding, $1,600,000, all owned by the Federal Light & Traction Co. FunpDep Desr.—First lien 15-year 5 p. c. sinking fund gold bonds, authorized $7,000,000, outstanding $2,169,000; dated May 1, Igt1, due May 1, 1926, but subject to call asa whole or for sinking fund at 102 and interest on any interest date; denom. $500 and $1,000; int. May t and Nov. 1 in New York, Boston and Chicago; Guaranty Trust Co., New York, trustee; reserved, $4,831,000 for additions and improvements at $0 p. c. of cost only when net earnings for the pre- ceding 12 months are twice the total interest charge, including the bonds to be issued. Annual sinking fund which will provide for 25 p.c. of all bonds issued commences Mar. I, 1913. OPERATION.—Year ending Dec. 31, IgIl. Igr2. IQI3. GroSSAMGOMes. ..cs ceasaas ai eid eaw ae oe $503,352 &577,693 $617,921 Operating expenses and taxes.......... 276,650 313,576 331,584 Nef INCOM Cesc es stewaaditnns wets a eee sees 226,702 264,117 286,337 TRACK AND EQUIPMENT.—Miles of track (electric), 23; 29 motor and 8 trail cars, 1 snow plow. OrFicers.—Pres. Richmond Talbot; V. Pres. C. C. Chappelle; Sec. & Treas. L. C. Gerry, all of New York; Clerk, James B. Manter, Springfield, Mo. DirecTors.—Geo. A. Galliver, C. C. Chappelle, L. C. Gerry, J- B. Marsh, Richmond Talbot. GENERAL OFFICE, POWER STATION AND Reparr Suops, Spring- field, Mo. WEBB CITY. Population in 1900, 9,201; in 1910, 11,817. The Southwest Missouri Railroad Co.—Successor to the Southwest Missouri Electric Ry. Co. and the Webb City Northern Electric R. R. Co. Main line—Carthage, Mo., via Carterville, Webb City and Joplin, Mo., to Galena, Kan. Branch lines—Prosperity Junction to Prosperity, Porto Rico, Duenweg, Villa Heights and Joplin, Webb City to Oronogo, Purcell, Neck City and Alba, Joplin to Chitwood. Branch lines in Carthage, Webb City, Joplin and Galena. CAPITAL STOCK, authorized $5,000,000, issued $3,500,000. Div1DENDs.—In 1905 4 p.v., in 1906 3% p. v., in 1907, 1908, 1909, 1gio and 1911, 2 p.c.; in IgI2, 3 p.v.; in 1913, 4 p.c. FunpEeD Dest.—General and refunding mortgage covering all property, 5 p. c. gold bonds, authorized $5,000,000, outstanding $820,000; dated Sept. 1, 1906, due Sept. 1, 1931; denom. $1,000; int. (Mar. and Sept.) and principal payable at National Bank of Commerce, New York, or at Harrisburg Trust Co., of Harrisburg, Pa., trustee. $1,350,000 reserved to retire prior liens and $2,830,000 reserved for improvements and betterments. Webb City Northern R. R. mortgage 5 p. c. gold coupon bonds, authorized and outstanding $200,000; dated 1905, due Sept., 1923; int. Mar. and Sept. at Safe Deposit & Trust Co., Pittsburg, trustee. Southwest Missouri Electric Ry. refunding and extension mort- gage 5 p. c. gold bonds, authorized and outstanding $1,150,000; dated 1903, due Sept. 1, 1923; int. Mar. and Sept. at National Bank of Com- merce, New York. Harrisburg Trust Co., Harrisburg, Pa., trustee. OPpERATION.—Year ending Aug. 31, IgII. IgI2. 1913. GLOSS INCOME? chon cais a. tpi satdn ctreeres Son denser ore $596,121 $620,559 $655,998 Operating expenses, incl. taxes & ins... 301,042 317,559 325,673 Renewals and betterments.............. 49,966 55,724 60,110 Gross income less expenses, etc........ 245,113 247,276 270,215 Interest on bonds..............005 108,674 107,566 108,500 Net. INCOME: sissuvesteraals, Geos state ca on es? 136,439 139,710 161,715 Dividends ‘patdsmsewia. deve aeuns Peewee 70,000 105,000 140,000 Surpliisi< 52.558 see foo eed RS RSA KS 66,439 34,710 91,715 TRACK AND EQUIPMENT.—Miles of track (electric), 76; 54 motor cars. OFFicEers.—Pres., Treas. & Mgr. A. H. Rogers; V. Pres. E. Z. Wallower, Harrisburg, Pa.; Sec. George W. Reily, Harrisburg, Pa.; Audr. W. E. McMechan; Supt. E. J. Pratt; Claim Agt. D.C. Morris; Supt. Trans. T. A. Harbaugh; Roadmaster, Geo. Mayfield. Directrors.—E. Z. Wallower, Edward Bailey, W. B. Meetch, E. S. Herman, Geo. W. Reily, F. B. Musser, Harrisburg, Pa.; A. H. Rogers, I. Ward Frey, Joplin, Mo.; S. McReynolds, Carthage, Mo. GENERAL OFFICE (P. O. address), Webb City, Mo. Eastern office, Harrisburg, Pa.; main power house, Webb City, Mo. MONTANA. ANACONDA. Population in 1gto, 10,134. Electric Light & Railway Dept. of Anaconda Copper Min- ing Co.—Chartered in 1890. Owns Washoe Park. TRACK AND EQUIPMENT.—Miles of track, 6.5; 7 motor cars, 15 trail cars. OrrFicErs.—Supt. H., M. Johnson, Mast. Mech. of Ry. Dept. Michael Doyle, Anaconda, Mont. GENERAL OFFICE, Main St. and Commercial Ave.; repair shops, «Anaconda, Mont. BILLINGS. Population in IgIo, 10,031. Billings Traction Co.—Chartered in 1910 for 4o years. An- nual meeting first Tuesday in Aug. CAPITAL STOCK, authorized $100,000, fully paid; par $100. TRACK AND EQUIPMENT.—Miles of track, 6; 6 motor cars. Orricers.—Pres., Gen. Mgr. & Pur. Agt. H. W. Rowley; Sec., Treas. & Audr. J. B. Arnold; Supt., Gen, Fgt. & Pass. Agt. & Ch. Engr. John Johnstone, all of Billings, Mont. GENERAL OFFICE, 21 Broadway; power station, First Ave. and Division St., Billings, Mont. BOZEMAN. Population in 1900, 3,500; in IgIo, 5,107. Gallatin Valley Railway.—Absorbed the Bozeman Street Ry. Co. and Gallatin Valley Electric Ry., the latter on Oct. 31, Igro. Municipal franchise granted Apr., 1892, for 50 years. Connects Boze- man and Salesville, and Three Forks, on the Chicago, Milwaukee & St. Paul Ry. Electric passenger and freight service between Bozeman and Salesville, steam service between Bozeman and Three’ Forks and branch to Belgrade, and electric street railway service in the city of Bozeman. Controlled by Chicago, Milwaukee & St. Paul Ry. Co. Annual meeting last Tuesday in June. CaPiraL Stock.—Common, authorized and issued, $800,0v0; pre- ferred, authorized $200,000, none issued; par $100. OpERATION.—Year ended June 30, 1913. Totaloperating reve nu Gs se nadumdacuiica gat vesie ona ¥ Geseime nee $131,378 - “ PAVCHSCS. ce uetecn cece ede SR DIo RAO KES 103,563 Neto perating TEVENUES <5 ae 5 eccd anisauhedagwaare Soe cele au wen tee 27,815 ARIES re Seid a. Sacele erase dy cso McoG Ate wea eer cas Lak dey ash evecare Someta ites 7.932 CESS I ok cas @ anni pehe Mowe Ate BES 2h dim ow Medea wear eo's 20,083 TTR ET CS tia. sch cud vesavesateriiororauniatal Auden a2. a laesnspaverdns evavensnaieatsaatelan ies tate etere 46,301 Deh fOr Year sivas baie aaracroueedisaseiad ee karin ROMS 26,218 TRACK AND EQUIPMENT.—Miles of track (electric) 16.36, other track 34.31, total 50.67; 3 double truck passenger motor cars, 1 freight motor car, 2 steam locomotives, 1 passenger coach and 1 combination passenger and baggage car. OFFICERS.—Pres. C. A. Goodnow, 1229 Railway Exchange, Chi- cago, Ill.; V. Pres. W. R. Morrison, Chicago, Ill.; Treas. F. G. Ran- ney, Chicago, Ill.; Asst. Treas. & Sec. Geo. Cox, Bozeman, Mont.; Asst. Sec. E. W. Adams, Milwaukee, Wis.;Gen. Audr. B. A. Dousman, Chicago, Ill.; Supt. A. J. Busch, Bozeman, Mont.; Claim Agt. J. M. Allen; Pur. Agt. G. F. Wilder: Gen. Pass. Agt. Geo. W. Hibbard; Ch. Engr. E. O. Reeder, all of Seattle, Wash. Directors.—C. Darby, A. J. Earling, C. A. Goodnow, A. C. Magnus, W. R. Morrison, A. Uhrlaub, Chicago, Tll.; S. M. Earling, Chicago, Ill.; A. L. Flewelling. Spokane, Wash.; William Shields, Glen Ridge, N. J. GENERAL OFFICE, 1212 Railway Exchange, Chicago, Ill.; power station and repair shops, Bozeman, Mont. BUTTE. Population in 1900, 30,470; in 1910, 39,165. Butte Electric Railway Co.—Incorporated in West Virginia, Dec., 1899, as the successor to the Butte Consolidated Railway Co., sold at foreclosure. Present company built extension to Walkerville, Englewood and Coursing Park. Franchise granted Feb., 1897, for 30 years. Annual meeting third Monday in Feb. CAPITAL STOCK, authorized and issued $1,000,000; par $100. DivipEnps.—In 1905, 4 p.c.; 1906, 4 p.c.; none since to Sept., 1913. Al earnings applied on the property. made FunpED Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $700,000; coupon, but may be registered; denom. $1,000; dated Mar. 1, 1900, due Mar. rf. 1925; int. payable Mar. and Sept. at W. A. Clark & Bro., bankers, Butte, trustee. Redeemable on Mar. 1, I9I5, Or any interest date thereafter, A sinking fund of to p.c. of par value of bonds begins on Mar. I, Ig16., OPERATION.—Year ending Feb. 28, 1909. ‘ IgIo. IgI2. POSS AN COME ssc ssciesowaclen ie eae Pneeeae $446,571 $465,010 $464,533 FEXP OMS CS reyes. scanieaasirosaicedins heen cord age pets! 384,324 356,041 478,465 NETIN COME ii ueun Waacon se dau aot 62,247 108,969 *13,932 TRACK AND EQUIPMENT.—Miles of track (electric), 34.5; 16 double truck passenger motor and qs single truck passenger motor cars, of which 4 are of the prepayment type; 3 service cars, MontTANA McGRAW ELECTRIC RAILWAY MANUAL 141 OFFICERS.—Pres. W. A. Clark, 20 Exchange Pl., New York City; V. Pres. & Gen. Mgr. J. R. Wharton, Butte, Mont.; Sec. & Treas. J. H. Anderson, 20 Exchange Pl., New York City; Audr. J. C, Phillips; Supt. J. S. Wathey. Directors.—W,. A. Clark, New York City; Spokane, Wash. GENERAL Orrice, Main and Park Sts.; power station and repair shops, Front St., Butte, Mont. J. H. Anderson, H. H. St. Clair, J. R. Wharton, Butte, Mont.; M. B. Brownlee, GREAT FALLS. Population in 1910, 13,948. Great Falls Street Ry. Branch of the Montana Power Co. —Connects Great Falls and suburbs and B. & M. Smelter. Controlled by the Montana Power Co. TRACK AND EQUIPMENT.—Miles of track, 11; 12 double truck and 7 single truck passenger cars, of which 12 are of the prepayment type; 3 service cars. OrFicers.—Pres. John D. Ryan; Sec. C. R. McCabe; Gen. Mgr. Max Hebgen; Pur. Agt. W. T. Jackson; Elec. Engr. C. W. Todd; Mast. Mech. L. McAllister. GENERAL OFFICE at Butte, Mont.; power station and repair shops at Great Falls, Mont. HELENA. Population in 1900, 10,770; in 1910, 12,515. Helena Light & Railway Co.—Incorporated in 1905 as succes- sor to the Helena Light & Traction Co. Operates gas, electric light and power, and electric railway systems. Controls the Helena Gas, Light & Coke Co. Annual meeting first Wednesday in February. CapPiTaL Stock.—Common, authorized $900,000, outstanding $561,000; preferred 5 p. c. cumulative, authorized $600,000, outstand- ing $374,000; par value, $100 per share. Dividends on preferred stock, 5 p. c. per arinum, payable quar- terly; on common stock, first dividend 1 p. c., paid Oct. 31, 1906; in 1907, 3 p. C.; in 1909, 3 p. c.; in IgI0,4 p. c.; iN IQII, 5 p.c.; in 1912, 5 p.c.;in 1913, 5 p.c. Funpep Desr.—First mortgage § p. v. gold coupon bonds, author- ized $1,500,000, outstanding $1,001,000; in treasury $84,000; retired through sinking fund $95,000; dated 1905, due Sept. 1, 1925; denom. $1,000; int. payable Mar. and Sept. at Columbia-Knickerbocker Trust Co., New York, trustee; $404,000 are reserved for extensions and im- provements, which may be issued only for 85 p.c. of cost. Subjectto call at I05 and interest. A sinking fund of 1% p.c. per annum of bonds outstanding began June 1, 1908, and continues until June 1, 1918, when 2% p.c. per annum is payable, to be used in retirement of bonds at not over 105 and interest. OPpERATION.—Year ending Dec. 31, IgIl. IgI2. IQI3. Gross INCOMES 0% as.45 ee owe Qe caress $332,691 $333,773 $327,164 Operating expenses and taxes.......... 207,416 209,060 231,906 Net inCome ce 3.533525 04 Meee ae ees 125,275 124,713 95,258 Interest charges.............. 0000. 44,762 48,085 50,755 Sinking fund. 0.04 sceeee wie 845 eases 14,469 15,613 17,387 Surplus over fixed charges...........-.. 66,044 61,015 27,116 Dividend on preferred stock............ 18,700 18,700 18,700 i) ‘* common th getdeee eed BESO: 28,050 14,025 To surplus. ..........-2e ee ees seteeees 19,294 14,265 *5 609 Operating expenses p. c. of earnings.... 62.34 62.75 70.7 *Deficit. STATISTICS OF TRAFFIC. Year ending Dec. 31, IQII. IQI2. 1913. Fare passengers carried.............. 2,062,113 2,028,610 1,965,322 Transfer ‘‘ RAP Ue sheet dts emia sk cops 94,008 85,716 86,017 Car mileage, passenger............445 403,442 401,251 375,892 ‘“* hours, Pe co, Schiele 3. ih Ge Wagar 44,021 44,440 42,887 Average revenue per car mile........ $.261 $.237 $.275 Operating expenses per car mile...... .205 +214 229 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road, equip. and Capital stock.......... $1,500,000 lam bices o eeudaee ss oh $2,717,899 Funded debt.......... 1,085,000 CaS bier ce iis soeegrnin 15,131 Accrued interest..... 21,594 Bills receivable........ 890 es LAKES. sce avant 8,739 Accounts receivable.... 25,520 Other accrued accounts 5,474 Material and supplies. . 28,085 Bills payable.......... II,I50 Prepaid accounts...... 75 Accounts payable..... 11,572 Treasury bonds....... 84,000 Sinking fund reserve.. ror,748 Other assets........... 434 Other liabilities. ....... 3,957 Piofit & loss (surplus).. 122,800 Total ivoskecetie ec ainsi $2,872,034 Total’: asovsca secaend $2,872,034 TRACK AND EQUIPMENT.—Miles of track (electric), 23.5; 20 motor cars and 10 trail cars; 6 work cars. Orricers.—Pres. P. G. Gossler, 149 Broadway, New York City; V. Prests. J. H. Pardee, 43 Exchange Place, New York City, and Arthur Coppell, 52 William St., New York City; Sec. H. S. Collette, 43 Exchange Place, New York City; Treas. R. B. Marchant, 43 Ex- change Place, New York City; Asst. Sec. & Asst. Treas. A. B. Sibley, Helena, Mont.; Gen. Supt. W. C. Callaghan, Helena, Mont. Directors.—P. G. Gossler, J. H. Pardee, H. S. Collette, S. Z. Mitchell, A. Coppell, J. G. White, F. H. Reed. MANAGEMENT.—Operated under the general management of The J. G. White Management Corporation, 43 Exchange Place, New York City. MISSOULA. Population in 1910, 12,869. Missoula Street Railway Co.—Incorporated in 1909 in the State of Washington. Owns electric street railway in Missoula, Mont., and Riverside Park. TRACK AND EQUIPMENT.—Miles of track, 21; 13 motor cars, 3 other cars. OrFIcers.—Pres. W. A. Clark, New York City; V. Pres. & Claim Agt. W. M. Bickford; Sec. & Treas. J. L. Ward, Missoula, Mont.; Audr. J. C. Phillips, Butte, Mont.; Gen. Mgr. & Pur. Agt. G. R. Brown; Elec. Engr. E. H. Collar; Supt. H. L. Bickenbach; Mast. Mech. Geo. Whitcomb, Missoula, Mont. GENERAL OFFicE, Masonic Temple Bldg.; repair shops, Mis- soula, Mont. NEBRASKA. LINCOLN. Population in 1900, 40,169; in 1910, 43,973. The Lincoln Traction Co.—Formed in Feb., 1909, asa con- solidation of the Lincoln Traction Co. and the Citizens’ Ry. Co. The properties operated include Lincoln, Capital Beach & Milford Ry. (leased), Citizens’ Interurban Ry. Co. (all stock owned), Lincoln Heat, Light & Power Co. (all stock owned), and Lincoln Traction Ex- tension Co. (all stock owned). Connects Lincoln with Havelock, University Place, Normal, College View and Lancaster. Annual meeting third Tuesday in Nov. CapiraL Srock.—Common, authorized $2,000,000, outstanding $1,652,000; preferred stock (6 p. v. cumulative), authorized $1,500,000, outstanding $1,113,100; par value $100 per share. DiviDENDs.—On preferred, first, May 1, 1909, 1% p. c.; same rate paid quarterly to and including Nov., 1913. On common, 2 p.c. paid Sept., 1912. Funpep Desr.—First mortgage 5 p. c. gold, coupon and regis- tered, bonds, authorized $1,500,000, outstanding $1,188,000, of which $250,000 are reserved to take up the $250,000 bonds issued in 1899; balance reserved for prior liens and for extensions and betterments at 85 p.c. of cost; dated Mar. 1, 1909, due Mar. 1, 1939; denom. $1,000; int. payable Jan. and July at New York Trust Co., New York, trustee; callable at 110 on any interest day after ro years. Lincoln Traction Co.'s first mortgage 5 p. c. gold bonds, author- ized and outstanding, $250,000; coupon, but may be registered; dated Dec. 1, 1899, due Jan. 1, 1919; denom. $1,000; int. payable Jan. and July at New York Trust Co., New York City, trustee; $250,000 first mortgage bonds of the issue of 1909 are reserved to re. tire these bonds at maturity. OperaTIoN—(Including subsidiary corporations).—Year ended June 30, IQII. IgI2. 1913. Gross revenue from passengers. ........$472,221 $485,039 $519,648 “freight & express.. 4,401 4,698 4,702 “ we ‘““ light,pwr. & stm. ht. 124,715 148,900 151,169 Revenue from all other sources......... 15,500 12,353 12,657 Gross Tecelptsy ees susan gids Mean vers 616,837 650,990 688,176 General expenses............. 0.005 30,010 33,879 38,037 Traffic EXPeNSeS. ...... eee eee eee ee 2,860 Transportation expenses......... ++ 298,418 301,718 = 317,541 Maint. of way and structure........ 18,557 24,120 a “equipments... 2cexaxcceecs 89,987 66,581 292;900 Operating expenses.. .... Severin herees 436,972 426,298 460,438 Netiearningsinsc ee e.c ccs ccc iba soawcens 179,865 224,692 227,738 Interest on funded debt............ 58,625 61,565 68,097 us “floating “nose 'ses sty on 7,519 6,688 403 TAKES es ates da A tyoreomieeeee ek tees 15,238 32,756 32,298 Other deductions.......... A 3,473 2,160 Net inCOMe) wieniieds nee dooncineanvenetaeus 98,483 120,210 124,780 Dividends yiccuyies see pees 5 aetesdew oes £4 66,060 66,956 99,826 Surplus sees > twe, 4 ~ MEN HAN f io a ua RO AE? ts B Ky ES ae tan, i \ bg ™ 3 Lee 7 4 HANOVER » E_CALDWELL ;sineus--< 5 SYA E pe ~ 2h N He aS \ sane x N 7 1,251 i d ‘ & 2 _tttleral ‘Closter Tf A. tC See Sears or es . 5 Tw Wp.! vw 792,/\ / ‘ TWP. Ww TWP. 1,500.5 7%, g Pay \ 1,493 bE = é , \ j | HigiNBridge \ Zs 1 1,129 \ Morrietpows._ ff T04,,aarGroves, %, 5 “ H HOLLAND 4 ~, ee. \ toe. he NS aasor 6,228 Fa oF 309 9 Rio i WUNTON 407 | TEWKSBURY ef aa! XC s i SE? a =a % ~~ i arona 4 Sy > \ weer Le rss feominsregrasnenone t “aS FBingeron 1,675.7 h “| 7 a >” ‘ “| oI ' 7, \ ns“ ALEXANDRIA S/F CLINTON r ¢ gt Twe. 3 tp ASSAI c fanny? 5 E ota Se \ o t a7 % 2375 S$BERNARD SS | vad € A , Ag “sy S TWP. / nations, “te~. He -----— ) t- ¢ ? i TWP. 5 , i Thx 520) 5128 B86 f gang 3 Y <4 ‘H Ui | N T een BR --- D O N : nee \ 4,608 eS / ye $7, ‘SS wale ; et yy? NLS wv t . < ‘ FRANKLIN, ‘ READ IN GTON Pd 4 4 Nee 5, at su mith. \ Ne of ‘Se sacen ' a “ct \ Nas te New \ 3s 75 ea = Mt oh . a 33. 569 ¢ wes \ u? IPROVIDENGE--” ssa a $i, 469% KINGWOOD \-“t > 8 “0 M EXR S ‘E AON Sah * ve ae \ 4 \! Ss ot u Ns > we { Flemingtoh } ' * 7 Se Eee 1 Pray 38,820 WARREN Jans pbs : She Keni res a0 7 ' . ‘ - ¢ NS Na is ff & DAR 1, O36 rai ‘ |orenion Oy \ RARITAN j\/ <> omerville ‘.-77 w ninhleld ~ a DELAWARE ‘ Ng" F wae SX m6 Bound, pre BS \ ete oe) Hillsboro “ (yl Hei — bw] os] ST j 2,3 wk scald A ere +; HILLSBOROUGH Co Bound[Brook PISCATAWAY \ oa EAST | Tw P, \ 1,024 ek “ poor 7 wd oF ~ aon 7 f-" Tt AMWELL | anata ” i C aA Sac eo oe By Ny: H rte f 4 SS SH West AMWELL', i ; ie fF R AN K LI “EH s ; MONTGOMERY ,--~ . BOROUGH OF 4 . | i = ’ od eh i. | peetos i 1,637 si New’ PoansWick sine INAND D oN “es! 1 7 23888 NORTH RICHMOND | \ fy A et = s ert BRUNSWICK Z iN HOPEWELL | ced ae ui ot r 4, _4 PRINCETON ™ J 2 990. rs ry TWP. je 73,171 Jar 1 TWP. 1,178 ge Cate, z 4 be iscsi Se es auEEE B-- * ao SOUTH BRIDSWICK O} op Ke eer VO H 4 iAn--7 2,443 AMOS», OO * = EWING J Ne" Renee OS QO eS nhioad, Sat ge %! \ . *h \ we Eye ag é MADISON eae Sie WS \ : Soom i F Jamesburg ¢ TWP. < “Reyporhey “sy WES WINDSOR’, NN ! 075 5 1621 peo a3 3,554 . SaaS] 5 WP. as a $ : . ar < SSERREZOoRS] 5 1 1842 7D fo MONROE f wae ay i SS BSaaa_===a ee “Glisntstown Vy 4 TWP. oe MARLBORO 7 NOLMDEL/ = Pn eee 7 9 . \ ‘ = S .. R ae oR ie 27 \ TWP, a ee \ : ON — J \ , IM al 101125, 657° > fee MANALAPAN 7 1794 PNY bwaspncTONut <=" \ TWPe 7 ; iy i = Bor a i ee “>. \ 1,378 we * —f | ——<+ rag: me " MILLSTONE , i | CSFinasie ay a 4 “epee pee ‘, y Pena YATLANTI Ci | FLORENCE ee. ir 2 Hi . 973,235 4 — erg ringtn ng CY arenes O; N Mi /O UF. aT TWP. HY Me —_ Riverton 4 S5 ri MANSFIELD \ CH LO Peas 1 ~ FREEHOLD >7* «1,205 ¢ 2 /EATONTO S Palmyra2, 'DELRANY eu TON Sf Y | FREEHOLD 1 eee ra | * aninaon OF ee “IN Ae 2d, v YN a t TWP, / 1 oe TWP. 94, /34 an ¢ 6-9 fee ee no \ ae p itso / | TWP. Lge eS Bag f gh £4 CHES A i a ees. / ii = ——— CHESTER TWP. ) WEST HAWMPTON, » 7 NORTH . . 2 oak Moose _TWPNGG r. SPRINGFIELD Xe ee //HANOVER i. — i at Farmingdale? jf ‘ ds 1,377 4 —— ( on cs iokeh ony TWP. et i / aay { NEPTUNE™S— rhhe === Sea | gant? a a HAMPTON — 1,278 al, 696 | i J HOWELL , sna : y west ee “a Dag sgh LUMBERTON Soy TWP. //\ ae Non i ! Twp, / ca Ag o” DEPTFORD don Heisity oe 4 Ae 1,768 aj Seneor% PLUMSTEAD | Ts EMS ON A i 1 Paulsboro teecenteRY tus7s | / ee en ‘NEW HANOVER i 2 ada Goodburit, CONTE ‘ DELAWARE ¢ ec Ps genet PN gk c Twp. : TWP. IN, i a 008g "33.2001 EY / 3 ( Szaimberton “Ss. 948 ee A i 92,098 pe a aor I ai : ? VSM 997 Se 1 . I vn-t_MDEPTFORIX of \< et / / , Tae \ “. a oy i : mantu-p/7 TWP. OS AN 7 EVESHAM / MEDFORD { SOUTHAMPTON’, BDewMBpERTON NS ' Electric Railway Lines Ma 2,524 4) T\ \ VOORHEES 7 Twp, / ? TWP, ~ ee tee a4 LAKEWOOD } Controlled b Mahal 2 age Z Te f 1,778 \ TWP. 1,679 eens re eee. ---~"53 ' i esa ’ C o 74 eat PUBLIC SERVICE CORPORATION \ \ \ Les i ‘GLOUCESTER Lm) AG BO/U RL | \ Zz — O za O O m x iB. a i F NEW JERSEY faux, WASHINGTON cC Ae M Me E NY ! \ “> >a------ oe ane! he 4 . a bee 5 143029." ad Z ; aces 66, 565) <= 21 io e = SCALE OF MILES / \ y 2p \ Oo” a / \ \ : 5 10 15 3 i CONNECTING LINES........... on emenanan o> em SN, en . \ Wp, agg Ae ‘ SS x NEw JERSEY McGRAW ELECTRIC RAILWAY MANUAL 151 electric properties have been leased to Public Service Electric Co. and the gas properties to Public Service Gas Co. for goo years from May 1, Ig1r. Rental under lease, interest on bonds and an amount equivalent to 2 p.c, per annum on the outstanding capital stock. Stock authorized, $250,000; outstanding, $122,500; par $50. Bonds: First refunding mortgage 5 p. c. bonds, authorized $2<0,000, outstanding $169,300; dated 1909, due Feb. 1, 1939; int. Feb. and Aug. at Equitable Trust Co., trustee. Redeemable on any interest date at 105 and interest. apa fund of 4 p. c. of gross earnings of company commenced in git. SECURITIES OF PUBLIC SERVICE ELECTRIC CO. Public Service Electric Co. capital stock, authorized $30,000,000, outstanding $16,000,000. The underlying companies are as follows: United Electric Co. of New Jersey capital stock, authorized and outstanding, $20,000,000. Bonds, first mortgage 4 p. vc. outstanding $18,617,500; Consumers Light, Heat & Power mortgage 5 p.c. out- standing $308,000; North Hudson Light, Heat & Power mortgage 5 p. c. outstanding $367,000. Rental, interest on bonds and an amount equal to the following dividends: 3 p. c. the first two years, 4 p. c. the next two years, and 5 p. c. thereafter. Weehawken Contracting Co. capital stock, common, outstanding $70,000; preferred, outstanding $41,050. Bonds, first mortgage 6 p.c. outstanding $30,000. Rental, interest on bonds and an amount equal to a dividend of 6 p. c. on stock. Paterson & Passaic Gas & Electric Co. capital stock, $5,000,000. (See Public Service Gas Co. above.) Nichols Electric Light & Power Co. of Nutley, N. J., capital stock $25,000. Rental, equivalent to ro p. c. on stock. South Jersey Gas, Electric & Traction Co. (See Public Service Gas Co. above.) Somerset, Union & Middlesex Lighting Co. Gas Co. above.) Middlesex Electric Light & Power Co. capital stock, outstanding $175,000. Bonds, first mortgage 5 p. c. outstanding $181,000. Rental, interest on bonds and an amount equal toa dividend of 5 p.c.on stock, Citizens Electric Light, Heat & Power Co. capital stock, out- standing $41,400. Rental, 10 p. c. per annum on capital stock. Gas & Electric Co. of Bergen County. (See Public Service Gas Co. above.) Burlington Electric Light & Power Co., incorporated Oct. 6, 1888, in New Jersey. Public Service Corporation of New Jersey owns entire issue of stock, except directors’ shares. Leased for 900 years from May I, IgII, to Public Service Electric Co. at a rental of $2,250 per annum. Stock, authorized $25,000, outstanding $17,550; par $50. Shore Lighting Co. (See Public Service Gas Co. above.) Princeton Light, Heat & Power Co. (See Public Service Gas Co. above.) (See Public Service OPERATION STATEMENT.—(Public Service Corporation of New Jersey and Subsidiary Companies.)—Year ending Dec. 31, IgIt. ' 1912. 1913. Gross revenue from railway....$14,450,088 $15,262,426 $16,201,932 ee a BO" PAS oe e-2 save 8,985,688 9,809,670 10,222,668 oe me ‘«electric.... 6,689,732 7,582,374 8,545,845 a oe «© miscell.... 1,890,512 1,939,339 2,308,874 Total revenues .:6.4 cue new nes 32,016,020 37,593,809 37,279,319 Operating expenses and taxes.. 15,941,691 18,779,434 18,844,607 Operating income.... ........ 16,074,329 16,814,375 18,434,712 Fixed charges of leased & con- trolled companies ......... 11,066,651 11,289,076 11,911,316 Net earnings...........----06- 5,007,678 5,525,299 6,523,396 Fixed charges..........+---45- 2,540,242 2,749,997 3,267,606 Niet: 1 COM CS sesceesites eres sederens ie iciavegece 2,467,436 2,775,302 3,255,790 Amortization charges.......... 672,654 722,078 1,007,591 Tostrplus.; {veces eee on as 1,794,782 2,053,224 2,248,199 © dividends .......cscercceece I,250,000 1,500,000 I,500,000 Surplus,... 0... eee e cece eeee 294,782 553,224 748,199 CoNDENSED BALANCE SHEE‘'.—(Public Service Corporation of New Jersey.)—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Investments at cost...$75,321,928 Capital stock.... .... $25,000,000 Advanced to Public General mtg. bonds... 39,500,000 Service Ry. Co..... 6,309,250 Perpet’l interest-bear- General mortgage bds. ing certiticates...... 20,047,370 in treasury......... 2,500,000 Bills payable......... 2,018,090 Int. & divs. receivable 886,720 Accounts payable..... 61,185 Cashier wei een eeesse 249,425 Other unfunded debt . 100,000 Accounts receivable... 38,318 Taxes accrued........ 26,887 Advance payments.... 128 Interest ‘‘ ....... 707,278 Sinking fund......... 215,287 Other accr’d liabilities 52,375 Other special funds... 286,704 Reserves............. 69,406 Unamort. debt, disc. & Contractual reserves.. 501,936 EXPeeccccceceeeeees 4,262,504 Amount advanced by Other suspense ..... ‘ 116,014 PLS. GiCOnces es 600,000 Profit & loss (surplus). 1,501,751 Total... 2.422000 ++ .890, 186,278 Total......... icavaisiare $0, 186,278 Orricers.—Pres. Thomas N. McCarter; 1st V. Pres. Geo. J. Rob- erts; 2d V. Pres. John J. Burleigh; 3d V. Pres. Randal Morgan; 4th V. Pres. A. R. Kuser; Sec. E. W. Hine; Asst. Sec. H. C. Stevenson, Treas. James P. Dusenberry; Asst. Treas. R. D. Miller; Asst. Treas. T. W. Van Middlesworth; Compt. P. S. Young; Gen. Claim Agt. H. V. Drown. DirEcToRS.—Samuel T. Bodine, Frank Bergen, John J. Burleigh, Walton Clark, J. P. Dusenberry, Thomas Dolan, E. W. Hine, Wm. C. Heppenheimer, A. R. Kuser, Lewis Lillie, Randal Morgan, Thos. N. McCarter, Uzal H. McCarter, F. W. Roebling, Edgar B. Ward, P. F. Wanser, Geo. J. Roberts, J. Horace Harding, H. G. Lloyd, Forrest F. Dryden, William Scheerer. GENERAL OFFICE, Broad and Bank Sts., Newark, N. J. For map of system, see inset between pages 150 and I51. PUBLIC SERVICE RAILWAY CO.—Organized in Aug.,1907, as a consolidation of the North Jersey Street Ry. Co. (lessee of all the property of the Consolidated Traction Co. of New Jersey), the Jersey City, Hoboken & Paterson Street Ry. Co. and the United Street Ry. Co. of Central Jersey, the latter formed by merger of the Elizabeth & Raritan River Street Ry. Co. and the Elizabeth, Plainfield & Cen- tral Jersey Ry. Co. In Oct., 1907, the Newark & South Orange Ry. Co., the North Hudson Turnpike Co. and Pavonia Horse R. R. Co. were absorbed. Also leases the South Orange & Maplewood Traction Co., the Bergen Turnpike Co., the Orange & Passaic Valley Ry. Co., the New Jersey & Hudson River Ry. & Ferry Co., the Camden & Suburban Ry. Co., the Camden, Gloucester & Woodbury Ry. Co. and the Riverside Traction Co. Connects Paterson, Passaic, Newark, Jersey City, Bayonne, Hoboken, Hackensack, Elizabeth, the Oranges, Westfield, Plainfield, New Brunswick, Rahway, Trenton and Camden. Controlled by the Public Service Corporation of New Jersey through ownership of stock. The basis of exchange of old stock for stock of this company is as follows: North Jersey Street Ry. stock, $15,000,000; total deposited, $14,- 994,200; will receive in new stock if all exchanged $15,000,000. Jersey City, Hoboken & Paterson Street Ry. Co. stock, $20,000,- 000; total deposited, $19,984,600; if all exchanged will receive in new stock $20,000,000. United Street Ry. Co. of Central Jersey, stock, $4,000,000, all deposited and exchanged for $3,000,000 of new stock. CaPITAL STOCK, authorized $38,000,000, outstanding $37,980,600; reserved to retire stock of merged companies, $19,400. Divipenps.—First dividend paid Dec. 31, 1908, 2/3 p. c.; in 1909, Dec. 31, 2 p.c.; in 910, Dec. 31, 2 p.c.; in Igrt, Dec. 31, 1% p.c.; in 1912, Dec. 31, 1% p. c.; in 1913, Dec. 31, 1% p. c. CAR TRUSTS. Car trust certificates Series ‘‘A’” equipment 6 p. c. authorized $800,000, outstanding $320,000; dated Jan. 2, 1908; int. payable Jan. and July at Fidelity Trust Co., Philadelphia, trustee; due $40,000 semi-annually, beginning July 1, 1908. Originally obliga- tions of the Public Service Corporation, these certificates were as- sumed by the Public Service Ry. Co. on Jan. 1, Igo. Car trust certificates Series ‘‘B’ equipment 5 p. c. authorized $450,000, outstanding $293,000; dated 1910, due $22,000 on each Jan. 1 and $23,000 on each July 1; int. Jan. and July at Fidelity Trust Co., Philadelphia, Pa., trustee. Car trust certificates Series ‘‘C’” equipment 5 p.c., authorized $500,000, outstanding $450,000; dated 1912; due $25,000 on each Mar. i and Sept. 1; int. Mar. and Sept. at Pennsylvania Co. for Insurance on Lives and Granting Annuities, trustee. Camden & Suburban § p. ce. car trust bonds, authorized $70,000, outstanding $7,000; dated 1904, due $7,000 each Apr. 1; int. Apr. and Oct. at Camden Safe Deposit & Trust Co., Camden, N. J., trustee. Real estate mortgages, outstanding $203,435. North Jersey Street Ry. Co.’s first mortgage 4 p. c. gold bonds, authorized and outstanding $15,000,000; dated May ro, 1898, due May I, 1948; denom. $1,000; int. payable May and Nov. at Bankers’ Trust Co., of New York City, trustee of mortgage. Jersey City, Hoboken & Paterson Street Ry. Co.’s first mortgage 4 p. c. bonds, authorized $20,000,000, outstanding $14,061,000; dated Nov. 1, 1899, due Nov. 1, 1949; denom. $1,000; int. payable May and Nov. at New Jersey Title Guarantee & Trust Co., of Jersey City, N. J., trustee. $5,939,000 reserved to retire underlying liens. North Hudson County Ry. Co.'s consolidated mortgage 5 p. c. coupon bonds, authorized $3,000,000, issued $2,998,000, dated Apr 7, 1888, due July 1, 1928; int. Jan. and July at First National Bank, Hoboken, N. J.; E. A. Stevens and S. B. Dod, trustees. North Hudson County Ry. Co.'s improvement mortgage 5 p. c. bonds, authorized $1,500,000, issued $1,291,000; dated May 1, 1894, due May 1, 1924; denom. $1,000; int. payable May and Nov. at Fidelity Trust Co., Newark, N. J., trustee. Redeemable at 110 and interest on any interest date. : North Hudson County Ry. Co.’s Weehawken extension 5 p. c. mortgage bonds, authorized and outstanding $100,000; dated Feb. 1, 1895, due Feb. 1, 1915; int. payable Feb. and Aug.; Central Trust Co., New York, trustee. 152 McGRAW ELECTRIC RAILWAY MANUAL NEw JERSEY Paterson Ry. Co.’s consolidated mortgage 6 p.c. gold bonds, authorized and outstanding, $1,250,000; coupon, but may be regis- tered; dated June 1891, due June 1, 1931; denom. $1,000; int. payable June and Dec.; Columbia-Knickerbocker Trust Co., of New York, trustee. Paterson Ry. Co.’s second general mortgage 6 p. c bonds, author- ized and issued, $300,000; coupon, but may be registered; dated Oct. I, 1894, due Oct. 1, 1914; int. payable Oct. and Apr.; Paterson Savings Institution, trustee. Elizabeth, Plainfield & Central Jersey Ry. Co.’s first consolidated mortgage, 5 p.c. gold coupon bonds, authorized $2,500,000, outstand- ing $2,400,000; held to retire prior lien, $100,000; dated Dec. 1, 1900, due Dec. 1, 1950; denom. $1,000; int. June and Dec. at Fidelity Trust Co., Newark, trustee. Plainfield St. Ry. Co.’s first mortgage 5 p. c. bonds, authorized and outstanding, $100,000; due July 1, 1922; int. payable Jan. and July, Fidelity Trust Co., of Newark, trustee. Elizabeth & Raritan River Street Ry. Co.’s general mortgage 5 p. c. 50-year gold bonds, authorized $3,500,000, outstanding $1,500,000, held in escrow to retire underlying liens, $2,000,000; coupon, but may be registered; dated May 2, 1904, due May t, 1954; int. payable May and Nov. at Fidelity Trust Co., Newark, trustee. Guaranteed by lessee. Middlesex & Somerset Traction Co.’s first mortgage 5 p. cv. gold bonds, authorized $1,500,000, issued $1,000,000; held in escrow to retire prior liens, $500,000; dated Mar. 1, 1900, due Jan. I, 1950; denom. $1,000; coupon, but may be registered; int. payable Jan. and July at Fidelity Trust Co., Newark, trustee. Brunswick Traction Co.’s first mortgage 5 p. c. gold bonds, authorized and outstanding, $500,000; dated July 1, 1896, due July 1, 1926; int, payable Jan. and July; Fidelity Trust Co., Newark, trustee. East Jersey Street Ry. Co.’s first mortgage 5 p. vc. gold coupon bonds, authorized and issued, $500,000; dated May 1, 1904, due May I, 1944; int. payable May and Nov. at Perth Amboy(N. J.) Trust Co., trustee. Guaranteed by Public Service Corporation of New Jersey. May be registered as to principal. OpPERATION.—[Owned and leased lines. ] Year ending Dec. 31, IQII. Igi2. 1913. Gross inCOMEe.: 4.866 gaa sees $14,238,089 $15,259,794 $16,201,932 Operating expenses and repairs. 8,932,847 9,673,650 Netiincome 0205350008 eceaee ee 5,305,242 5,586,144 STATISTICS OF TRAFFIC. Year ending Dec. 31, IQII. igi2. 1913. Revenue passengers carried... .274,626,103 292,477,992 308,985,240 Transfers and passes.......... 84,779,523 89,995,154 95,425,865 Total passengers.............. 359,405,626 382,473,146 404,411,105 Car Mile ag Ci..cc ccciaatenneriieseeriecice 44,035,796 47,125,114 49,853,408 Car WOUrS no .44s08s aay sees ae 5,113,759 5,454,366 5,696,066 Passenger receipts per car mile. $.3110 $.3094 $.3097 es = «hour. 2.68 2.68 291 CONDENSED BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Railway equip. and Capital stock.........$38,000,000 PROPEL... jcc aake $87,474,097 Funded debt.......... 42,070,000 Investments.......... 134,361 Taxes accrued........ 183,094 CaS cc casos x. se niseaye.8 ders 195,392 Interest accrued...... 414,035 Accounts receivable... 127,737 Other accrd. liabilities 243,120 Material and supplies 450,476 Advanced by Pub. Ser- Advance payments... 153,055 vice Corp. of N.J.. 6,309,250 Unamortized debt, dis- Other unfunded debt.. 203,435 count and expenses. 76,176 Accounts payable..... 1,062,533 Bills receivable....... 850 Accrued amort. of cap. 35,579 Int. & Divs. receivable 27,106 Unamortized preminm Other current assets.. 39,625 On. debtors i ca oacead 10,066 Other special deposits 7,710 Casualty &ins. reserve 51,999 Profitandloss(surplus) 103,474 Totalicin. iia scot es $88,686,585 Total.............. $88,686,585 TRACK AND EQUIPMENT.—Miles of track (electric), 808,97 oper- ated (first and second main track); total miles all track 865,191; of a total of 2,155 passenger cars, 1,156 are of the prepayment type; 229 service cars. Orricers—Pres. Thos. N. McCarter, Newark, N. J.; rst V. Pres. Geo. J. Roberts, Newark, N. J.; 2d V. Pres. J. J. Burleigh, Camden, N. J.; 3d V. Pres. Randal Morgan, Philadelphia, Pa.; qth V. Pres. A. R. Kuser; Compt. P. S. Young; Sec. E. W. Hine; Asst. Sec. H. C. Stevenson; Treas. J. P. Dusenberry; Asst. Treas. R. D. Miller; Asst. Treas. T. W. Van Middlesworth; Gen. Audr. M. R. Boylan; Gen. Mgr. R. E. Danforth; Asst. Gen. Mgr. H. C. Donecker, all of Newark, N. J.; Pur. Agt. J. A. Pearson, Broad and Arch Sts., Philadelphia, Pa.; Engr. Maint. of Way, Martin Schreiber. Directors.—Jno. J. Burleigh, Walton Clark, Anthony R. Kuser, Lewis Lillie, Thos. N. McCarter, Uzal H. McCarter, Randal Morgan, Geo. J. Roberts, and E. W. Hine. GENERAL Office, Broad and Bank Sts., Newark, N. J. For map see inset between pages 150 and I51. CONSOLIDATED TRACTION CO.—Chartered Mar. 15, 1893, and leased to the North Jersey St. Ry. Co. for 999 years at an annual rental beginning with 1899, of 2 p.c. on the stock for 3 years; 2% p.c. for one year; 3 p.c. for 2 years; 3% p. c. for one year; and 4q p.c. thereafter. This lease has passed to the Public Service Ry. Co. LEASED AND CONTROLLED LINES, Stock. Funded Dbt. New Jersey Traction Co.....-...see eee eenee $$ 500,000 Jersey City & Bergen R. R. Co...........0.. {1,000,000 $ 258,000. Newark Passenger Ry. Co........ ec cece eee {6,000,000 6,000,000 The Newark Plank Road Co................ [162,000 Jersey City, Harrison & Kearny Ry. Co...... }{100 000 Passaic & Newark Elec. Traction Co.......... $1,000,000 550,000 *Rapid Transit St. Ry. Co., of Newark...... 504,000 500,000 Bergen Point & Staten Island Ferry Co....... $12,800 Port Richmond & Bergen Pt.Ferry Co........ $40,000 *Leased. +$18,000 has been paid in. }{Entire stock owned and deposited under Consolidated Traction Co.’s first mortgage. CAPITAL STOCK, authorized and issued, $15,000,000. FunpED Dest.—First mortgage 5 p. c. gold bonds, authorized and outstanding, $15,000,000; dated June 1, 1893, due June 1, 1933; denom. $1,000; int. payable June and Dec. at Banker's Trust Co. of New York, trustee. Secured by mortgage and deposit of the following stocks : $1,000,000 Jersey City & Bergen R. R. Co.; $162,000 Newark Plank Road Co.; $100,000 Jersey City, Harrison & Kearny Ry. Co.; $6,000,000 Newark Passenger Ry. Co.; $500,000 New Jersey Traction Co.; $1,000,000 Passaic & Newark Electric Traction Co.; $12,800 Bergen Point & Staten Island Ferry Co.; $40,000 Port Richmond & Bergen Point Ferry Co. NEWARK PASSENGER RAILWAY CO.—Chartered June 16, 1890. Leased the Rapid Transit St. Ry. of the city of Newark for 999 years from June 1, 1893. Leased on July 29, 1893, to the New Jersey Traction Co. for 999 years. The lease has passed to the Public Service Ry. Co. The entire capital stock is deposited as security for the Consolidated Traction Co., first mortgage. CAPITAL STOCK, outstanding, $6,000,000. FunpEpD Dest.—First consolidated mortgage 5 p.c. gold bonds, authorized and outstanding, $6,000,000; coupon, but may be regis- tered; dated July 1, 1890, due July 1, 1930; denom. $1,000; int. pay- able Jan. and July at First National Bank, Jersey City, N. J.; New Jersey Title Guarantee & Trust Co., Jersey City, trustee. Guaranteed, principal and interest, by the Consolidated Traction Co. JERSEY CITY & BERGEN RAILWAY CO.—Incorporated in 1859 and extends from Jersey City to Bergen Point. All the stock is deposited as part security for the Consolidated Traction Co.’s first mortgage. Leased to Consolidated Traction Co., Sept., 1893. CAPITAL STOCK, authorized and issued, $1,000,000. Funvep Derst.— First mortgage 4% p. c. bonds, authorized $1,000,000, outstanding $258,000; dated Jan. 1, 1873, due Jan. 1, 1923; denom. $1,000; coupon, but may be registered; int. payable Jan. and July at Bankers’ Trust Co., New York, or First National Bank, Jer- sey City; Edmund Smith, trustee. RAPID TRANSIT STREET RAILWAY CO. OF NEWARK. —Organized Mar. 28, 1889. Controlled (by lease) by the Public Service Ry. Co., through lease held by Consolidated Traction Co. CaPITAL STOCK (trustees’ certificates), $504,000. Dividends of 1134 p. c. yearly are guaranteed by the Newark Pas- senger Ry. Co. and New Jersey Traction Co. upon the trustees’ certifi- cates issued for stock. FUNDED DesT.—First mortgage 5 p. c. gold bonds, authorized and outstanding, $500,000; coupon, but may be registered; dated Apr. I, 1891, due Apr. I, 1921, but redeemable at 110 and interest on and after Apr. I, 1901, at company’s option; int. payable Apr. and Oct. at Fidelity Trust Co., of Newark, trustee. PASSAIC & NEWARK ELECTRIC TRACTION CO.—Incor- porated Apr. 30, 1895, and acquired all the $100,000 stock of the Passaic & Newark Electric Ry. Co. Consolidated Traction Co. of New Jersey owns all the stock and guarantees the bonds. CaPITAL Stock, authorized and issued, $1,000,000. FUNDED Drsr.—First mortgage 5 p. c. coupon bonds, authorized $1,000,000, issued, $550,000; dated June 1, 1897, due June 1, 1937; int. payable June and Dec.; New Jersey Title Guarantee & Trust Co., of Jersey City trustee. SOUTH ORANGE & MAPLEWOOD TRACTION CO.—A con- solidation in July, 1go1, of the South Orange & Maplewood Traction Co., and the South Orange & Maplewood Street RailwayCo. On Oct. I, 1903, the North Jersey Street Ry. Co. leased this property in perpetuity. The lease has passed to the Public Service Ry.Co. The rental was $2,000 for the first year, increasing $500 yearly until the ninth year, when it will amount to $6,000, which sum is to be paid yearly thereafter. The rental is guaranteed by the Public Service Corporation of New Jersey. CaPITAL Stock.—Common, authorized and issued, : i ferred, authorized and issued, $150,000. aad New JERSEY McGRAW ELECTRIC RAILWAY MANUAL 153 BERGEN TURNPIKE CO.—-Incorporated Oct. 27, 1802, and operates between Hoboken, West Hoboken, Union Hill, New Dur- ham, Granton, Fairview, Ridgefield, Little Ferry and Hackensack. On Jan. 1, 1908, road was leased to the Public Service Ry. Co. CaPITAL Stock, $51,990. FunpDeD Dest.—First mortgage 5 p. c. bonds, authorized and outstanding $1,000,000; dated July 1, rg01, due July 1, 1951; int. pay- able Jan. and July at New Jersey Title Guarantee & Trust Co., Jersey City, trustee of mortgage. NEW JERSEY & HUDSON RIVER RAILWAY & FERRY CO.—Incorporated in New Jersey on Feb. 25, 1910, as a consolidation of The New Jersey & Hudson River Ry. & Ferry Co. and Hudson River Traction Co. Owns the entire capital stock and bonds of The Riverside & Fort Lee Ferry Co. Franchises perpetual, except one for 50 years and one for 99 years. Operates chiefly over private right-of-way from West 130th St., New York City (railway terminal at Edge- water, N. J.), to Cliffside Park, Grantwood, Fort Lee, Leonia, Engle- wood, Teaneck, Bogota, Hackensack, Maywood, Midland, Saddle River and Paterson, and from Hackensack to Woodridge, Ruther- ford and Arlington and a branch to Lodi. The Public Service Cor- poration of New Jersey owns $2,446,350 of the $2,500,000 common stock. Leased to Public Service Railway Co. for 999 years from May I, Toft. CAPITAL STock.—Common, authorized $5,250,000, issued $2,- 500,000; preferred, authorized and outstanding $750,000; par $100. DivipENDs.—Public Service Corporation of New Jersey guaran- tees 6 p. c. dividends on preferred and common stock and bond in- terest. FuNDED DestT.—The New Jersey & Hudson River Railway & Ferry Co. first mortgage 4 p. c. gold bonds, authorized $5,000,- 000, outstanding $4,011,000; dated Sept. 1, 1902, due Mar. I, 1950; denom. $1,000; coupon, but may be registered; subject to call on any interest day at 105 and interest upon six weeks’ notice; int. payable at United States Mortgage & Trust Co. of New York, trustee. Secured by entire issue of stock and bonds of the Riverside & Fort Lee Ferry Co. Hudson River Traction Co. first mortgage 5 p. c. bonds, author- ized $1,000,000, outstanding $631,000; dated Apr. 1, 1902, due Mar. 1, 1950; coupon, but may be registered; denom. $1,000; int. payable Mar. and Sept. at United States Mortgage & Trust Co., New York, trustee. Subject to call at par on any interest date. ORANGE & PASSAIC VALLEY RAILWAY CO.—Chartered in 1898 as successor to the Suburban Traction Co. On Nov. I, 1903, leased (for 900 years) to the Public Service Corporation. The lease, on July 23, 1907, was taken over by the Public Service Ry. Co. Funpep DestT.—First mortgage 5 p. c. gold bonds, author- ized $1,000,000, outstanding $833,000; dated Dec. 1,1898, due Dec. 1, 1938; denom. $1,000; int. payable June and Dec. at New Jersey Title Guarantee & Trust Co., of Jersey City, trustee of mortgage. CAMDEN & SUBURBAN RAILWAY CO.—Controls the Cam- den Horse R. R. Co., and the West Jersey Traction Co. On May 2, 1904, this company leased its property for 999 years to the South Jersey Gas, Electric & Traction Co., rental being (in addition to fixed charges) $30,000 for the first year (1905), $36,000 the second year, $42,000 the third year, $48,000 the fourth year, $54,000 the fifth year, $72,000 the sixth year, $84,000 the seventh year, $96,000 the eighth year, $108,000 the ninth year, $120,000 for the tenth year and there- after. Lease assigned to Public Service Corporation of New Jersey July 25, 1904, and on Sept. 24, 1907, lease was turned over to the Public Service Ry. Co., which operates the property as part of its Southern Division. CAPITAL STOCK, authorized and outstanding, $3,000,000, paid in, $600,000; par value, $25 per share. ‘i FunpED Derst.—First mortgage 5 p.c. gold bonds, authorized, $3,000,000; outstanding, $1,940,000; dated 1896, due July 1, 1946; de- nom. $1,000; int. payable Jan. and July at New Jersey Trust & Safe Deposit Co., Camden, trustee. CAMDEN HORSE RAILROAD CO.—Chartered Mar. 23, 1866. Leased on Apr. 1, 1896, to the Camden & Suburban Ry. Co. CAPITAL STOCK, authorized and issued, $250,000; par $25. DivipEenps.—In 1896, 14 p.c.; in 1897, 16 p.c.; in 1898 and 1899, 18 p.c.; in 1900 and Igor, 20 p.v.; in 1902 and 1903, 22 p. c.; in 1904, and thereafter 24 p. c. GENERAL OFFICE, Camden, N. J. CAMDEN, GLOUCESTER & WOODBURY RAILWAY CO. —Chartered May 8, 1893, for 99 years. The entire capital stock has been acquired by the South Jersey Gas, Electric & Traction Co., of Camden, whose properties are leased to the Public Service Ry. Co. CAPITAL STOCK, authorized and issued, $600,000; par $50. PEOPLE’S ELEVATING CO.—Incorporated May 5, 1899. CapiraL Srock, authorized and outstanding, $250,000; par $100. All owned by the Public Service Ry. Co. FunDED Desr.—First mortgage 5 p.c. bonds, authorized $250,000, outstanding $175,000; due Oct. 1, 1939; int. payable Apr. and Oct.; New Jersey Title Guarantee & Trust Co., trustee. RIVERSIDE TRACTION CO.—Incorporated in New Jersey on June 20, 1910, as successor to the Camden & Trenton Railway, sold at foreclosure. Connects Camden and Trenton with Riverton, Riverside, Beverly, Burlington, Florence and Bordentown. By traffic agreement with the Camden & Suburban Ry. Co., runs directly to the Philadel- phia Ferry. Owns $19,750 of the $20,000 capital stock of the Cinna- minson Electric Light, Power & Heating Co., and entire capital stock, $50,000, of the Bordentown Electric Light Co. Leased for 999 years from Apr. I 1912, to Public Service Ry. Co. Lease provides for interest on bonds, 5 p. c. dividends on outstanding preferred stock, and a dividend on common stock amounting to $14,193 the first year, in- creasing annually until the seventh year, when the maximum of $20,169 will have been reached. CapPiITaL Strock.—Common, authorized $1,100,000, outstanding -$747,150; preferred, authorized $400,000, outstanding $266,500; par value $50. Funpvep, Desr.—First mortgage 5 p.c. gold bonds, authorized $1,500,000, outstanding $1,368,000; balance reserved for extensions, betterments, etc.; dated June, 1910, due June, 1960; denom. $100, $500 and $1,000; int. payable June and Dec. at West End Trust Co., Philadelphia, trustee; remaining bonds are for extensions and better- ments; subject to call, all or in part, on any interest day at 110 and interest; interest is guaranteed by Public Service Ry. Co. PUBLIC SERVICE RAILROAD CO.—Incorporated in New Jersey on June 30, 1913, and is a merger of the Trenton Terminal R. R. Co. and the Elizabeth, New Brunswick & Trenton R. R. Co. Holds lease of the Elizabeth & Trenton R. R. Co. for 999 years from Apr. I, Ig12, assuccessor to the Trenton Terminal R. R. Co. Capirat Srocxk, authorized and outstanding, $105,000; par $100; all owned by the Public Service Corporation. ELIZABETH & TRENTON RAILROAD CO.—Incorporated in New Jersey on May 19, 1910, as successor to the Trenton & New Bruns- wick R. R. and the New Jersey Short Line R. R., both sold under foreclosure. Annual meeting second Tuesday in Feb. Began oper- ation Nov. 3, 1902. Connects Trenton and Milltown, and an exten- sion to Elizabeth is under construction. Leased to the Public Service Railroad Co. for 999 years from Apr. 1, 1912. Rental, 5 p.c. on outstanding preferred stock and, beginning with the year ending Apr. I, I9I15, I p. c. on outstanding common stock, with addi- tional 1 p. c. in year ending April 1, 1916, and thereafter annually until 4 p. c. is paid. CapiraL Stock.—Common, authorized $900,000, outstanding $811,350; preferred 5 p.c. cumulative, authorized $300,000, outstand- ing $180,300; par $50. FunpED Dest.—First mortgage 5 p. c. gold bonds, authorized $1,200,000, outstanding $990,000; dated 1912, due Apr. 1, 1962; de- nom. $1,000; coupon, but may be registered as to principal; int. pay- able Apr. and Oct. at Logan Trust Co., Philadelphia, trustee; subject to call as a whole on any interest day at I10 and interest; interest is guaranteed by Public Service Railway Co. OCEAN CITY. Population in IgIo, 1950 (summer, 20,000). Ocean City Electric Railroad Co.—Chartered in New Jersey in 1893 for 99 years. CaPITAL STOCK, authorized and paid in, $100,000; par $25. Funpep Desr.—Second mortgage 5 p. vc. bonds, authorized $75,000, outstanding $40,000; dated Apr. 1, 1901, due Apr. I, 1921; int. payable Apr. 1 at Security Trust Co., Camden, N. J., trustee. TRACK AND EQUIPMENT.—Miles of track, 8.11; I4 motor cars. Orricers.—Pres. Wm. G. Moore; V. Pres. H. D. Moore; Sec. Wm. D. Sherrerd, all of 696 Drexel Bldg., Phila., Pa.; Treas., Gen. Mer. & Supt. Harry T. McDevitt; Mast. Mech. Lemuel Izard. GENERAL OFFICE, roth St. and West Ave., Ocean City, N. J. PATERSON. Population in 1900, 105,071; in IgI0, 125,600. North Jersey Rapid Transit Co.—Chartered in perpetuity in 1908, to build on private right of. way from Paterson, N. J., to Suffern, N. Y., passing through Warren Point, Fairlawn, Glen Rock, Ridgewood, Hohokus, Waldwick, Allendale, Ramsey and Mahwah. Operating between Paterson and Suffern. Upon applica-tion of the Hamilton Trust Co., Paterson, trustee under the mortgage securing the bonds, a receiver was appointed in 1912. Interest due on Nov. I, IQII, was not met. 14 McGRAW ELECTRIC RAILWAY MANUAL New JERSEY CAPITAL STOCK, authorized $2,000,000, issued $800,000. Funpep Dest.—First mortgage 5 p. c. gold bonds, authorized $2,000,000, issued $800,000; due May 1, 1960; int. payable May and Nov.; The Hamilton Trust Co., of Paterson, N. J., trustee. OpERATION.—Year ending June 30, 1913. Operating revenue, $63,178; operating expenses, $37,814; net operating revenue, $25,364; deductions from income, int. and taxes, $45,437; deficit, $20,073. TRACK AND EQuIPMENT.—Miles of track (electric), 18; 8 motor cars. OrFicers.— Receiver, Henry G. Parmelee; Pres. Gilbert D. Bogart, Passaic, N. J.; 1st V. Pres. Chas. D. Cooke, Paterson, N. J.; Act'g V. Pres. & Gen. Mgr. Willis E. Fertig, New York City; Sec. Walter Bamford, Paterson, N. J.; Treas. Geo. M. Dunlop, New York City; Asst. Treas. H. H. Parmelee, Paterson, N. J.; Supt., Claim Agt. & Ch. Engr. Geo. Jackson, Hohokus, N. Je DirecTors.—Wm. Barbour, 96 Franklin St., New York City; H.- H. Parmelee, Paterson, N. J.; W. E. Fertig, W. S. Benson, Chas. Curie, W. B. Gourley, Frank Gledhill, G. D. Bogart, T. J. Maloney, C. D. Cooke, Jas. Hinchliffe, Louis Braun. GENERAL OFFice, Hohokus, N. J. RED BANK. Population in 1g00, 5,428; in 1910, 7,308. Monmouth County Electric Co.—Successor by purchase at foreclosure sale to the Atlantic Highlands, Red Bank & Long Branch Electric Railway Co., chartered Apr. 6, 1895, for 99 years. Munici- pal franchise granted May 31, 1895, for 99 years. Connects Rum- son, Oceanic, Fair Haven, Red Bank, Eatontown, Shrewsbury and Long Branch. Annual meeting first Monday in May. CaPITAL STOCK, authorized, $500,000; outstanding, $325,000. FunpDep Dest.—First mortgage 4 p. c. gold bonds, authorized and outstanding, $500,000; dated Apr. 1, 1901, due Apr. I, 1951; denom. $1,000; coupon and registered; int. payable Jan. and July at Hamilton Trust Co., of Brooklyn, N. Y., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 17.7; 18 motor cars and § trail cars. OrFIcERS.—Pres., Gen. Mgr. & Pur. Agt. Wm. F. Hogan, 704 Arbuckle Bldg, Brooklyn, N. Y.; Sec. & Treas. Jno. M. Enright, 75 Montgomery St., Jersey City, N. J.; Audr. Francis P. Mooney, 704 Arbuckle Bldg., Brooklyn, N. Y.; Supt. Jno. P. Gaul, Red Bank, N.J. Drrectors.—Wm. F. Hogan, Brooklyn, N. Y.; Jno. M. Enright, Jetsey City, N. J.; A. B. Fletcher, New York City; W. E. Edmister, Brooklyn, N. Y.; Chas. A. Porter, Jr., and W. C. Martin, Philadel- phia, Pa. GENERAL OFFice, Red Bank, N. J. SEA GIRT. Population, 1,500. SEACOAST TRACTION CO.—Chartered Feb. 8, 1904, for 999 years. Municipal franchise granted Feb. 29, 1904, for 99 years. Annual meeting second Monday in May. This road connects Belmar, Spring Lake and Sea Girt. The road is leased to the Atlantic Coast Electric Ry. for 99 years from Aug. 27, 1898. Rental is 6 p. c. on stock. CaPiITAL Stock, authorized and issued, $100,000. FunpeD Dest.—First mortgage 5 p.c. gold bonds, authorized, $100,000; int. payable Jan. and July at office of Federal Trust Co., Newark, N. J., trustee of the mortgage. These bonds may be called for payment on 30 days’ notice at 105 and accrued interest. TRACK AND EQUIPMEN?T.—Miles of track (electric), 9. GENERAL OFFICE, Asbury Park, N. J. TRENTON. Population in 1900, 73,307; in 1910, 96,815. Trenton & Mercer County Traction Corporation.—Incor- porated on Oct. 6, 1910, in New Jersey. On Oct. 15, 1910, leased the Trenton Street Ry., Mercer County Traction, the Trenton, Penning- ton & Hopewell Street Ry. and the Trenton, Hamilton & Ewing Traction Companies, at a totalannual rental of $80,000 the first year, $82,500 the second year, $85,000 the third year, then increasing $5,000 per annum until $150,000 is reached in the sixteenth year, which is the maximum rental. CaPiTAL STocK.— Preferred $200,000, common $200,000; par $100. Car trust notes, $38,000; Wilmington Trust Co., Wilmington, Del., trustee. OrrFicers.—Pres. Rankin Johnson; V. Pres. J. W. Parlee, New York, N. Y.; 2d V. Pres. J. K. Choate, Morristown, N. J.; Sec. & Treas. Edward M. Hunt; Audr. S. R. Harvey; Gen. Mgr. Wm. H. Hitchcock; Supt. Transpt. C. E. Hart; Pur. Agt. H. L. Case; Ch. Engr. De Witt Smith; Elec. Engr. Fred’k V. Bechtel; Mast. Mech. Benj. Singleton, all of Trenton, N. J. GENERAL OFFICES, 510-517 American Mechanic Bldg., Trenton, N. J. ‘TRENTON STREET RAILWAY CO.—Chartered in 1898 to acquire the Trenton Passenger Ry. Owns all stock of the Mercer County Traction Co., which was organized in 1899 to build an exten- sion of the Trenton Street Ry. to Princeton and lines in Trenton. On Aug. 1, 1904, leased the Mercer County Traction Co.; this lease was suspended on Oct. 15, 1910, and the Mercer County Traction Co., under same date, entered into a new lease with the Trenton & Mercer County Traction Corporation for a term of gg0 years at an annual rental of $6,000 for each of the first 5 years, $7,000 for each of the next 5 years, $8,000 for each of the next 3 years, $9,000 for each of the next 2 years, and $10,000 for each succeeding year of the term of the lease; $50 per annum maintenance charge, interest on bonds and all taxes. On June 2, 1903, acquired practically entire capital stock of Trenton, Pennington & Hopewell Street Railway Co., and leased property for 999 years; this lease, dated June 2, 1903, was suspended on Oct. 15, 1g10, and the Trenton, Pennington & Hopewell Street Ry. Co., under same date, entered into a new lease with the Trenton & Mercer County Traction Corporation for a term of ggo years at an annual rental of $15,000 for each of the first 6 years, $17,500 for each of the next 5 years, and $20.000 for each succeeding year of the term of the lease; $50 per annum maintenance charge, interest on bonds and all taxes. On May 1, 1906, leased the Trenton, Hamilton & Ewing Traction Co. (all of whose stock is owned) for 999 years; this lease was also suspended on Oct. 15, I910, and the Trenton, Hamilton & Ewing Traction Co., under same date, entered into a new lease with the Trenton & Mercer County Traction Corporation for a term of 990 years at an annual rental of $12,000 for each of the first 5 years, $14,000 for each of the next § years, $16,000 for each of the next 4 years, $18,000 for the next year, and $20,000 for each year during the remainder of the term of the lease; $50 per annum maintenance charge, interest on bonds and all taxes. Plans an exten- sion from Yardville to Crosswicks and Allentown. On Oct. 15, rg10, leased tothe Trenton & Mercer County Traction Corporation. See under Interstate Railways Co. for terms of rental. Controlled by the United Power & Transportation Co., of New Jersey. CaPiraL STOCK, authorized $2,500,000, issued $1,000,000; par $50. FunDED Desr.—General mortgage 6 p. c. gold bonds, authorized and issued $500,000; dated June 1, 1911, due June 1, 1941; denom. $1,000; int. payable June and Dec. at Mechanics’ National Bank, Trenton, N. J., trustee; callable at ros and interest on any interest date. Consolidated mortgage 5 p. c. gold bonds, authorized $2,000,000, outstanding $1,080,000; held in treasury $920,000 to retire Trenton Passenger Ry. bonds; coupon, but may be registered; dated July 1x, 1898, due July 1, 1938; denom. $1,000; int. payable Jan. and July at office of company, Trenton, N. J., and at Real Estate Title, Insur- ance & Trust Co., Philadelphia; trustee, Girard Trust Co. of Phila- delphia, Pa. Trenton Passenger Ry. Co.’s first mortgage 6 p.c. gold bonds, au- thorized, $1,000,000; outstanding, $930,000; coupon, but may be registered; dated Sept. 30, 1891, due $10,000 yearly Sept. 30, IQII-1915; $15,000 yearly Sept. 30, 1916-1925; $20,000 yearly Sept. 30, 1926- 1930, and $650,000 Sept. 30, 1931; denom. $1,000; int. payable Apr. | and Oct. at Mechanics’ National Bank, Trenton. OrFicers.—Pres. John A, Rigg, Reading, Pa.; V. Pres. Walter A. Rigg; Sec. & Treas. T. W. Grookett, Jr., Philadelphia, Pa, Directors.—John A. Rigg, Richmond L. F, W. Roebling, F. W. Roebling, Jr., Edward H. Ginnelley, Tren- ton, N. J.; John W. Goodwin, Wilmington, Del.; T.W. Grookett, Jr., Philadelphia, Pa. GENERAL OFFICE, PoWER STATION AND REPAIR SHOP, Trenton, Jones, Reading, Pa.; N. J MERCER COUNTY TRACTION CO.—Chartered in 1899. Franchises perpetual. Annual meeting third Tuesday in Jan. Con- nects Trenton, Hamilton, Lawrence and Princeton, and was leased to and operated by the Trenton Street Ry. Co.,which owns the stock. On Oct. 15, 1910, this lease was suspended and the Mercer County Traction Co. entered into a new lease with the Trenton & Mercer County Traction Corporation. See Interstate Railways Co. and Tren- ton Street Ry. Co. CaPITAL STOCK, authorized and issued, $100,000. FunpDED Drst.—First mortgage 5 p. c. gold coupon bonds, author- ized and outstanding, $300,000, dated July 1, 1904, due July 1, 1944; denom. $1,000; int. payable at office of company in Trenton, or at its bank in Philadelphia; Real Estate Title, Insurance & Trust Co., Phila- delphia, Pa., trustee of the mortgage. ; TRACK.—Miles of track (electric), 11.42. TRENTON, PENNINGTON & HOPEWELL STREET RAIL- WAY CO.—Incorporated Sept. 22, 1902. Franchises perpetual. Ex- tends from Trenton to Hopewell, via Pennington and Ewing. On June 2, 1903, leased to The Trenton Street Ry. Co., which owns the entire stock. On Oct. 15, 1910, this lease was suspended and the Trenton, Pennington & Hopewell Street Ry. Co. entered into a new lease with the Trenton & Mercer County Traction Corporation. See Interstate Railways Co. and Trenton Street Ry. Co. CAPITAL STock, authorized and issued $250,000; par value, $50. ; FUNDED Derst.—First mortgage 5 p. c. gold coupon bonds, author- ized and issued, $350,000; dated June 1x, 1903, due June 1, 1943: denom. $1,000; int. June and Dec. at office of company, Trenton, or Fidelity Trust Co., Newark, N. J., trustee. Guaranteed, principal and interest by Trenton & Mercer County Traction Corporation, under lease. TRACK.—Miles of track (electric), 15. New JERSEY McGRAW ELECTRIC RAILWAY MANUAL 155 TRENTON, HAMILTON & EWING TRACTION CO.—On May I, 1906, was leased to the Trenton Street Ry. Co. for 999 years. On Oct. 15, 1910, this lease was suspended and the Trenton, Hamil- ton & Ewing Traction Co. entered into a new lease with the Trenton & Mercer County Traction Corporation. Entire stock owned by ues Street Ry. Co. See Interstate Railways Co. and Trenton Street y. Co. CariraL Stock, authorized and issued, $200,0v0. Funpep Drst.—Trenton, Hamilton & Ewing Traction Co.’s first mortgage 5 p. c. gold bonds, authorized, $500,000; outstanding, $350,- 000; coupon, but may be registered; dated Nov. I, 1905, due Nov. 1, 1955; denom. $1,000, int. payable May and Nov. at Real Estate Title, Insurance & Trust Co., Philadelphia, trustee. GENERAL OFFICE, 510 American Mechanic Bldg., Trenton, N. J. A New Jersey & Pennsylvania Traction Co. Incorporated Nov, 14, tg0r. Franchises granted in perpetuity, except in Trenton, which is for 50 years, from 1902. Temporary receivers were appointed by the United States District Court at Trenton, on Feb. 29, I912. On Mar. 31, 1913, the receivership terminated, On May 1, 1913, the Pennsylvania lines owned by the company were merged into the Bucks County Interurban Ry. Co., the New Jersey & Pennsylvania Traction Co. retaining the ownership of the three underlying corporations comprising the Princeton Division between Trenton and Princeton, viz.: Trenton, Lawrenceville & Princeton R. R. Co., Trenton, Lawrenceville & Princeton Extension R. R. Co., and Princeton St. Ry. Co. The New Jersey & Pennsylvania Traction Co. connects Princeton, Lawrenceville and Trenton, N. J., and has traffic arrangemert with the Bucks County Interurban Ry. Co., reaching Morrisville, Yardley, New Hope, Pa., and Lambertville, N. J., Newtown, Bristol and Doylestown, Pa.. CaPITAL STocK, authorized and issued $1,000,000; par $100. Funvep Drst.—First mortgage 4 p.c. gold coupon bonds, author- ized $3,000,000, issued $2,000,000; cancelled and retired, $1,355,000; in escrow, $45,000; outstanding $600,000; coupon, but may be regis- tered; dated Nov. 1, 1902, due Nov. 1, 1932; denom. $1,000; int. payable May and Nov. at Trenton Trust & Safe Deposit Co., trustee. GENERAL BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Property investment... $264,865 Capital stock.......... $1,000,000 Advances— underlying Funded debt.......... 600,000 companies .......... 160,547 Current liabilities...... 21,260 Other invest’s, secs. of Taxes accrued (not due) 5,494 underlying cos Reserves: secaneess oe 1,0II Current assets......... Deferred charges Property abandoned... 439,446 Profit & loss (deficit)... 153,049 $1,627,765 $1,627,765 TRACK AND EQUIPMENT.—Miles of track (electric), 13.25; 4 pas- senger, 3 freight cars and 1 work car. OrFicers.—Pres. Sydney L. Wright, 133 So. 5th St., Philadelphia, Pa.; V. Pres. & Gen. Mgr. Gaylord Thompson, Trenton, N. J.; Sec. & Treas. W. T. Bilyeu, 133 So. 5th St., Philadelphia, Pa.; Gen. Fgt. Agt. H. R. Cox, Trenton, N. J. DrrecTors.—John Barbey, Reading, Pa.; Frank Battles, 131 So. 5th St., Philadelphia, Pa.; W. F. Snyder, 135 So. 5th St., Philadelphia, Pa.; S. L. Wright, W. R. Wright, 133 So. 5th St., Philadelphia, Pa.; Gaylord Thompson, Frank S. Katzenbach, Jr., Trenton, N. J. GENERAL OrFicE, Warren and Hanover Sts.; repair shops, Chancery and Hanover Sts., Trenton, N. J. TRENTON, LAWRENCEVILLE & PRINCETON RAIL- ROAD CO.—This road, with 11 miles of track, is controlled and op- erated by the New Jersey & Pennsylvania Traction Co. CaPiTaL Srock, issued, $200,000. Funpep Dest.—Bonds outstanding, $100,000, WEST ORANGE. Population in 1910, 10,980. The Mountain Railway Co.—Runs from Christopher Street, Orange, to Rock Spring, West Orange, through private property. Leases the Orange Mountain Traction Co. CariraL STock, authorized $100,000, outstanding $2,800. TRACK AND EQUIPMENT.—Miles of track, 2; 2 cars. OrrFicers.—Pres. Herman M. Freeman; V. Pres., Gen. Mgr. & Pur. Agt. Frank Brewer; Sec. & Treas. E. L. Sawyer. Directors.—H. M, Freeman, A. F. Winner, E. L. Sawyer, Frank Brewer. GENERAL OFFICE, West Orange, N. J. ORANGE MOUNTAIN TRACTION CO.—Extends from foot to top of Orange Mountain. Leased to the Mountain Railway. TRACK AND EQUIPMENT.—Miles of track, 1.5; 2 cars. WILDWOOD. Population in rgro, 898. Five Mile Beach Electric Railway Co.—Incorporated in 1902, and connects Anglesea, Wildwood and Holly Beach City. CapiraL STock, authorized and outstanding, $255,700. TRack AND EQuipMEN’T.—Miles of track, 5.5; 8 cars. OrrFicers.—Pres. Henry D. Moore; V. Pres. J. F. Tatem; Sec. Wm. G. Moore; Treas., Gen. Mgr. & Pur. Agt. Frederick Sutton, all of Camden, N. J.; Supt. E. T. Nye, Wildwood, N. J. GENERAL OFFIcE, 301 Market St., Camden, N. J. NEW /IEXICOo. ALBUQUERQUE. Population in rg1o, 11,020. Albuquerque Traction Co.—Chartered in 1903, and absorbed the Citizens’ Traction Co. Connects Old Albuquerque, Albuquerque and Barelas. CaviraL Srocx, authorized and outstanding, $250,000. TRACK AND EQUIPMENT.—Miles of track, 5.5; 6 cars. OrFicers.—Pres. Solomon Luna; V. Pres. & Gen. Mgr.'H. A. Jastro; Sec. A. B. McMillen; Treas. & Audr. M. W. Flourney; Supt. M. O. Chadbourne. GENERAL Orrice, Albuquerque; repair shops at Old Albuquerque, New Mexico. LAS VEGAS. Population in IgIo, 6,934. ‘LAS VEGAS LIGHT & POWER CO.—Incorporated in 1909 and is a consolidation of Las Vegas & Hot Springs Electric Ry., Light & Power Co., Las Vegas Light & Fuel Co. and Las Vegas Ry. & Power Co, Controls Las Vegas Transit Co. The Federal Light & Traction Co. owns all its stocks, bonds and fixed charge indebtedness. Orricers.—Pres. C. C. Chappelle; V. Pres. W. L. McKee; Sec. & Treas. L. C. Gerry; Pur. Agt. Lee Skipwith, all of New York City; Gen. Mgr. W. P. Southard, East Las Vegas, N. M. GENERAL OFFicE, East Las Vegas, New Mexico. THE LAS VEGAS TRANSIT CO.—Chartered in May, 1909, as a reorganization of the Las Vegas Ry. & Power Co., whose property was sold under foreclosure. Controlled by the Las Vegas Light & Power Co. TRACK AND EQUIPMENT.—Miles of track, 5; 5 cars. NEW YORK. ALBANY. Population in 1900, 94,151; in IgI0, 100,253. United Traction Co.—A consvlidation, on Dec. 30, 1899, of The Albany Railway (chartered 1863), the Watervliet Turnpike & R. R. Co. (chartered 1862) and the Troy City Ry. Co. (chartered 1866). Owns and operates the Troy & Lansingburg R. R. Co., and operates under lease the Troy & Cohoes R. R. Co., the Capitol Ry., the Lan- singburg & Cohoes R. R. Co., the Waterford & Cohoes R. R. Co. and the Cohose Ry. Co. In Dec., 1906, acquired practically all the stock and a majority of the bonds of the Hudson Valley Ry. Co. Annual meeting fourth Monday in June. Entire stock owned by the Delaware & Hudson Co. By traffic agreements the Albany & Southern R. R. Co. and Schenectady Ry. Co. secure entrance to Albany, and the Schenectady Ry. Co. and Hudson Valley Ry. Co. to Troy. CapiraL Stock, authorized and outstanding, $100. DIVIDENDs.—From 1900 to 1905, terly; 1906, 6% p. c., paid quarterly; annually. FunpEep DEsT.—United Traction Co.'s 4% p.c. debenture bonds authorized $1,250,000, outstanding $456,000; coupon, but may be registered; dated May 1, 1901, due May 1, 1919; denom. $1,000; int. payable May and Nov. at the National Commercial Bank, Albany; subject to call on May or Nov. 1 in any year after May 1, 1901 upon 3 months’ notice. In case the company elects to pay any orall bonds before May 1, 1919, it agrees to pay such premium as will net the holder a 5 p. c. interest rate for the unexpired period. United Traction Co.’s consolidated mortgage 4% p.c. gold bonds, authorized $6,500,000, issued $2,588,000; reserved $3,912,000 to retire prior liens; dated Mar. 1, 1904, due June 1, 2004; int. payable June and Dec. at Central Trust Co., New York, trustee. $12,500,000; par 5 p. c. per annum, paid quar- 1907 to 1913, 4 p. c., paid semi- 156 McGRAW ELECTRIC RAILWAY MANUAL New York The Albany Railway’s consolidated mortgage 5 p. c. bonds, authorized $500,000, issued £428,000; coupon, but may be registered; dated Jan. 1, 1890, due Jan. 1, 1930; denom. $1,000; int. payable Jan. and July at Central Trust Company, New York, trustee. The Albany Railway's fifth mortgage 5 p. c. bonds, authorized $50,000, outstanding $32,000; dated Sept. 1, 1888, due Sept. 1, 1913; denom. $500 and $1,000; int. payable Mar. and Sept. at the National Commercial Bank of Albany. The Albany Railway's general mortgage 5 p. c. gold bonds, au- thorized $750,000, issued $496,000; dated June 1, 1897, due June 1, 1947; int. June and Dec.; Central Trust Co., New York, trustee. Watervliet Turnpike & R. R. Co.'s first mortgage 6 p. c. bonds, authorized and issued, $350,000; dated May 1, 1889, due May 1, 1919; denom. $1,000; int. payable May and Nov. at Boston Safe Deposit & Trust Co., Boston, Mass., trustee. Watervliet Turnpike & R. R. Co.’s second mortgage 6 p. c. bonds, authorized and issued, $150,000; dated June 20, 1890, due May I, 19193: int. May and Nov. at Metropolitan Trust Co., of New York. Troy City Ry. Co.’s first consolidated mortgage 5 p. c. gold bonds, authorized and issued, $2,000,000; coupon, but may be registered; dated Oct. r, 1892, due Oct. 1, 1942; denom. $1,000; int. payable Apr. and Oct. at Central Trust Co., New York, trustee. OPERATION.—Year ending June 30, IgI1T. Igi2, TOTS. Revenue from passengers........... $2,266,861 $2,314,137 $2,399,919 = ‘* other operating sources 26,867 53,559 55,451 Total operating revenue............. 2,293,728 2,367,696 2,455,370 Maintenance of way & structures 164,756 203,651 184,357 ‘* of equipment........ 118,916 149,312 148,941 ° Traffic expenses................. 2,206 2,770 1,549 ° Transportation expenses........ 895,569 954,560 974.649 General expenses............... 240,807 279,521 211,153 Total operating expenses............ 1,422,254 1,589,814 1,520,649 ° Net operating revenue.............. 871,474 777,882 034,721 TAS Sisson spi oohdouneds stn Soa snes Somoiniaeaie oaceeecetta 142,578 161,203 IgI,136 Operating income.................4- 728,896 616,679 743.585 Other incomes. ss n2ecedeezasaen 208,130 224,942 244,358 Gross INCOME ne. si anes er eeeuns 937,026 841,621 987,943 Interest on funded debt......... 314,780 314,780 314,780 “ ‘floating debt........ 38,209 57,850 735393 Rentalsics vex cemented ns 57,498 52,278 61,895 Net divisible income................ 526,539 415,713 537,875 PIVADS T'S isecsiiacrs nh teensndeeracacn ogee 500,000 250,000 500,000 Surplus fOF YEAR ey case cae ae seeues eset 26,539 165,713 37,875 Surplus from previous year......... 142,007 198,781 361,905 Profit and loss adjustment.......... 30,235 *2,589 *4,150 Total surplus account..... ......... 198,781 361,905 395,630 Operating expenses p. c. of earns.... 62.01 67.15 61.93 * Debit. STATISTICS OF TRAFFIC. Year ending June 30, IgII. IgI2. 1913. Fare passengers carried......... 45,339,024 46,282,364 47,998,372 Transfer ‘ vane ae 9,322,060 9,935,915 10,430,825 Car miles run (passenger)....... 9,130,170 9,106,430 9,100,644 88 GMA anata tse aaisiti 6 5,121 5,136 5,080 Car hours (passenger)........... 1,098,50I I,rol,1I2 1,125,672 ss GEL) ease casecee nite grees txios 550 550 540 ek BOR Bao o cemcae bn cine 294,966,527 307,263,601 319,297,730 Average total rev. per car mile.. $.2511 $.2599 $.2697 Operating expenses ‘‘ ss -1557 -1745 .1670 BALANCE SHEET.—Dated June 30, I913. ASSETS. LIABILITIES. Cost of road & equip.$11,349,978 Capital stock......... $12,500,000 Stks.& bds.ofoth’rcos. 7,371,170 Funded debt......... 6,500,000 Other perm. invests... 95,642 Accrued interest...... 66,490 CaS sd essaieusvipsteiqusiecere.due 172,798 TAXES oicience. *11,848 Bills receivable....... I,925.934 Other accrued accounts 4,187 Accounts receivable. . 252,475 Bills payable ........ 2,042,971 Material & supplies... 138,873 Accounts payable..... 98,137 Prepaid accounts...... 1,889 Other labilities cu 3,881 Special deposits...... 20,765 Profit and loss (surp.). 395,630 Other assets.......... 269,926 Total csccu-e¥ vax G28 00,;448 POtalicnakes eevee + B27, 599,448 * Credit. TRACK AND EQUIPMENT.—Miles of track (electric) owned 88.31, leased and trackage rights 18.87; total all track, 106.76; 408 motor passenger cars, 5 freight motor cars, 22 service cars and sweepers, 15 snow plows. OrrFicers.—Pres. L. F. Loree, New York City; V. Pres. C. S. Sims, Albany, N. Y.; V. Pres. W. H. Williams, New York City; Asst. to Pres. W. B. Schofield; Asst. to V. Pres. G. H. Parker, New York City; Treas. H. F. Atherton, Albany, N. Y.; Compt. W. H. Davies, New York City; Gen. Audr. Allen McCarty, Albany, N. Y.; Sec. & Audr. W. H. Elder, Albany, N. Y.; Atty. & Claim Agt. P. C Dugan, Albany, N. Y.; Gen. Mgr. J. F. Hamilton, Albany, N. Y.; Asst. Gen. Mgr. Chas. H. Smith, Troy, N. Y.; Pur. Agt. J. W. Sprong, Albany, N.,Y.; Gen. Supt. John F. Uffert, Albany, N. Y.; Traffic Mgr. Chas. H. Armatage, Albany, N. Y.; Supt. of Pwr. Sta. Hugh O'Neil, Albany, N.Y. Direcrors.—L. F. Loree, W. H. Williams, Wm. S. Opdyke, New York City; Geo. H. Burgess, Axel Ekstrom, James F. Hamilton, W.H. Elder, C. S. Sims, Chas. E. McKim, all of Albany, N. Y. GENERAL OFFICE, 598 Broadway, and repair shops, Albany; power stations at Albany and Troy. THE CAPITOL RAILWAY.—Chartered May 4, 1891. Leased to the United Traction Co., for 50 years, from rgo1, for $1 per year and cost of building. Annual meeting first Monday in May. CaPpiraL STOcK, authorized and issued $10,000; par $100. TRAcK.—Miles of track (electric), 2.58. ALEXANDRIA BAY. Population in IgIo, 1,899. St. Lawrence International Electric Railroad & Land Co. —Chartered in New York in 1g00 as an electric lighting company under the name of St. Lawrence International Electric Co. In 1gor name changed to above; franchise granted in 1902. Connects Alex- andria Bay and Redwood. Annual meeting in Apr. CAPITAL Stock, authorized and outstandlng, $250,000. FunpDED Dest.—First mortgage 5 p. c. gold coupon bonds, author- ized and outstanding, $200,000; dated July 1, 1902, due July 1, 1932; denom. $500; int. payable Jan. and July. OPERATION.—Year ended June 30, 1913. Total operating rev- enue, $15,801; total operating expenses, $10,491; net operating rev- enue, $5,310; taxes, $1,296; operating income, $4,014; other income, $2,697; gross income, $6,711; interest and rentals, $2,031; surplus for year, $4,680. TRACK AND EQuipMEN't.—Miles of track, 7.79; 2 passenger motor cars, I freight and express motor car, 3 freight trail cars, 3 service cars, Orricers.—Pres. J. Amos, Syracuse, N. Y.; V. Pres. & Treas. B. B. Taggart; Sec. F. M. Hugo, Watertown, N. Y.; Audr. & Pur. Agt. B. M. Martin; Gen. Mgr. & Claim Agt. H. D. Martin; Ch. Engr. S. Locke; Elec. Engr. H. Hartman, all of Alexandria Bay, N. Y. Direcrors.—Jacob Amos, B. B. Taggart, M. P. McGrath, R. M. Jennings, F. M. Hugo, F. E. Kessinger, H. D. Martin. GENERAL OrFice, Alexandria Bay, N. Y. AUBURN. Population in 1g00, 30,345: in 1910, 34,668. Auburn & Syracuse Electric Railroad Co.—A consolidation, Sept. 30, 1902, of the Auburn City Ry. Co. and the Auburn Inter- urban Electric R. R.Co. Operates in Auburn and extends through Fleming, Owasco, Sennett, Skaneateles, Marcellus, Camillus and Onondaga to Syracuse. Annual meeting third Tuesday in May. CaPITAL Stock.—Common, authorized and issued $1,250,000; preferred, 6 p.c.non-cumulative, authorized $750,000, issued $712,000; par value, $100 per share. Divipenps.—First dividend on preferred stock paid Nov. 1, 1904, I p. c.; in 1905, 44 p.c.; in 1906, 5% p.c.; in 1907, 1908, Ig09, I9IO, IgII, I912 and 1913, 6 p. c. FunpEeD Derxr.—First mortgage 5 p.c. gold bonds, authorized $2,000,000, outstanding $1,460,000; coupon, but may be registered; dated Oct. 1, 1902, due Oct. 1, 1942; denom. $1,000; int. payable Apr. and Oct. at Harris, Forbes & Co., New York; Trust Co. of America, New York, trustee: redeemable on or after Oct. I, 1912, At Tro and interest. Three-year 5 p.c. notes, authorized and outstanding, $300,000; dated Feb. 1, 1912, due Feb. 1, 1915; int. payable Feb. and Aug. Subject to call at par and interest. OPERATION.—Year ending June 30, IgII. IgI2. 1913. Gross revenue from passengers......... $387,362 $398,799 $419,097 ee : SORDTESS ee 4 ise suaans 19,393 18,915 21,293 es s “all other sources.... 15,428 16,858 15,451 Total 9 speesusheshedarue nec sann ace d nein 422,183 434,572 455,841 General expenses................., 32,548 31,745 36,914 EraflerexpPenses..icic..cccesuseeras wasgees 5,778 9,123 Transportation expenses..........., 147,164 152,279 167,062 Maintenance of way and structures.. 39,394 41,247 54,989 a ‘“equipment.......... 26,636 29,926 21,885 Total operating expenses............... 245,742 260,975 289,973 Net operating revenue................, 176,441 173,597 165,868 Other incomes «casimgisegeas x4 S46. soaewe dae 5 5,899 9,907 GOSS NEOM Chanisctig LH Spas wacsvacanvou eos 179,496 175,775 Interest on funded debt............ 73,000 73,000 87,963 ee ‘* floating debt....... 9,000 19,750 2,500 SAR CS is sens ienesiise ciindadneananneatunn 22,750 21,000 21,800 CMAN S os te scot nse srysritsnabsieund teats oes soc 25,346 27,734 23,463 Amortization of debt, discount & exps.. 3,060 New Yorx McGRAW ELECTRIC RAILWAY MANUAL 157 ; IQII. Igt2. 1913. Net ANICO MME) ovavire 6 Ree Ares anes sauces becdedeeonsaide $46,345 $38,012 $36,989 Dividends..............0....0000000004 2,438 53,400 42,720 Surplus for year Pt eee eee ee eee ee eee see 3,90% 15,388 73t Surplus from previous year............ 69,449 bee be DED Its ocd 2: oestan Guerre sepa ea leleaes Seine oe 5,500 11,063 Greditiaiac: cnninenis comeieteea mea ool Ik Total SUPPIUS ia o 4 auia vive aaa coeds ban 67,856 41,405 35,689 Operating expenses p.c. of earnings.... 58.33 60.05 63.24 *Includes quarterly dividend of $10,680 declared during fiscal year, payable July 15, 1912. +Deficit. tIncludes milk revenue. STATISTICS OF TRAFFIC. Year ending June 30, IQIl. Igi2. 1913. Revenue passengers carried........ -4,359,844 4,567,194 4,818,836 Transfers redeemed................. 1,020,260 1,026,482 1,085,576 Car hours, passenger............... 162,803 167,199 169,191 es EXDICSS i sctensassnventac woenneeuens 4,208 3,992 4,286 Passenger car miles run............. 1,583,623 1,601,881 1,644,897 Express car milesrun............... 22,489 21,660 23,790 Car seat miles...............0.00.05. 66,722,673 62,950,042 Average revenue percarmile......... $.2623 $.2672 $.2748 Operating expenses per car mile..... .1530 - 1605 -1738 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip...$3,596,328 Capital stock.......... $1,962,000 Other perm. invests.... 8,150 Funded debt........... 1,760,000 Bills receivable. ........ 20,000 Accrued interest..... L939 Accounts receivable... 240,005 a faxes eis.e 3 2,659 Material and supplies. . 21,183 Other accrued accounts 25,363 Prepaid accounts...... 2,828 Bills payable.......... 76,200 Unamortized debt, dis- Dividends declared.... 10,680 count and expense... 6,260 Casualties & ins.reserve 426 Reacquired securities. . 3,000 Profit & loss (surplus).. 35,689 Wotal eunedessdeeis es $3,897,754 “Totalii.ccaspacsacuse $3,897,754 TRACK AND EQurpMENT.—Miles of track owned (electric), 56.14; miles of track operated, 63.93; 50 passenger and 2 express motor cars, I parlor car, 5 snow plows, 1 sweeper, 2 work cars and 4 service cars. OFFicers.—Pres. & Gen. Mgr. C. D. Beebe; V. Pres. H. S. Hol- den; Sec. H. C. Beatty; Asst. Sec. A. M. Michael; Treas. W. A. Holden; Gen. Audr. & Asst. Treas. W. W. Foster; Atty. Wm. Not- tingham; Claim Agt. Nathan Abelson; Traffic Mgr. & Pur. Agt. H. J. Clark, all of Syracuse, N. Y.; Asst. Gen. Mgr. R. A. Dyer, Jr., Auburn, N.Y.; Gen. Supt. M. E. Barrus, Auburn, N. Y.; Ch. Engr. T. H. Mather, Syracuse, N. Y.; Roadmaster, W. A. Steckel, Syracuse, N.Y.; Mast. Mech. A. B. Metcalf, Syracuse, N. Y. Direcrors.—Clifford D. Beebe, Willis A. Holden, Hendrick S. Holden, F. K. Hiscock, William Nottingham, J. M. Gilbert, Burns Lyman Smith, all of Syracuse, N. Y.; F.W. Roebling, Jr., Trenton, N. J.; Edwin D. Metcalf, Auburn, N. Y. GENERAL OFFICE, 500 O. C. S. Bank Bldg., Syracuse, N. Y.; operating office and repair shops at Auburn, N. Y. New York, Auburn & Lansing Railroad Co.—Connects Auburn, Mapleton, Merrifield, Venice, Genoa, North Lansing, South Lansing and Ithaca. Operated by steam from Auburn to South Lan- sing, and by electricity from South Lansing to Ithaca. Receivers were appointed on Jan. 6, 1912. In May, 1913, the Public Service Commission authorized the issue of $120,000 receivers’ certificates to purchase and improve the power plant at the Remington Salt Works. The property was sold at foreclosure sale on March 6, rg1q. See plan of reorganization under Ithaca. CaPITAL STOCK, authorized and issued $1,000,000. Funpep Dersr.—First mortgage 5 p.c. bonds, authorized $1,000,- 000, outstanding $975,000. Track AND EQuipMENT.—Miles of track, 39.1 steam; 53 cars, 4 steam locomotives, 2 electric locomotives. OrFiceks.—Receivers, Joo. W. Dwight and Roger B. Williams, Jr.; Audr. Olaf A. Mann; Gen. Mgr. & Ch. Engr. H. A. Clarke; Asst. Gen. Mgr. R. L. Post; Supt. & Pur. Agt. T. P. Clancy, all of Ithaca, N. Y.; Mast. Mech. J. H. Doyle, Auburn, N. Y. GENERAL OFFICE, 109 N. Tioga St., Ithaca, N. Y.; repair shops, Auburn. BABYLON. Babylon Railroad Co.—Chartered Apr. 15, 1871. Annual meeting third Tuesday in Apr. Extends from station of Long Island Railroad, Amityville, to steamboat dock at foot of Fire Island Ave., Babylon. During 1909 an extension of 6 miles to Amityville R. R. Station was completed. On Jan. 20, 1911, Paul T. Brady and Willard V. King were appointed receivers. No default occurred in inter- est and receivers were appointed to preserve the assets pending reor- ganization. On Feb. 15, 1913, Messrs. Brady & King were discharged as receivers and Ralph J. Hawkins was appointed to succeed them. In Dec., 1913, receiver discharged. In Nov., 1913, authority _to increase the capital stock to $75,000 was given by the Public Service Commission, Second District. CAPITAL STOCK, authorized and issued, $75,000. Funpep DestT.—First mortgage bonds, authorized originally, $300,000; dated Nov., 1910; Metropolitan Trust Co., New York, trus- tee. First mortgage bonds for $33,000 cancelled in conjunction with order authorizing an issue of bonds upon the security of the mortgage to an aggregate amount of $258,500. OPERATION.— Year ending June 30, 1913. Total operating revenue, $11,295; total operating expenses, $15,353; met operating deficit, $4,058; taxes, $2,107; deficit, $6,165; income adjustments, $235; gross deficit, $5,930; interest, $231; deficit for year, $6,161. TRACK AND EQuipMENT.—Miles of track (electric), 7.5; 4 passenger motor cars and I service car. Orricers.—Pres. Robert D. Ireland, 1 Liberty St., New York City; V.Pres. Frederick H. Adler; Sec. F. L. Kopff; Treas. Arthur Carter Hume, r Wall St., New York City; Acct. Lewis B. Freeman, 1 Liberty St., New York City; Supt. Transpt. Gilbert G. Dorland, Babylon, N. Y. Directors—Frederick L. Kopff, 1 Liberty St., New York City; Ralph J. Hawkins, Patchogue, N. Y.; Arthur Carter Hume, Freder- ick H. Adler, 1 Wall St., New York City; Robert D. Ireland, 1 Lib- erty St., New York City. GENERAL OFFIcg, 1 Liberty St., New York City; power station and repair shops, Babylon, N. Y. BALLSTON SPA. Population in 1900, 3,923; in 1910, 4,138. Eastern New York Railroad Co.—Organized Dec. 12, 1904, to succeed the Ballston Terminal R. R. Co. On June 23, 1908, Fred- erick H. Beach was appointed receiver. On Jan. 1, 1912, the com- pany was reorganized. CaPITAL STOCK, outstanding $275,000; par, $100 per share. FuNpDED Dest.—First mortgage 44 p.c. gold bonds, outstanding $150,000; dated Jan. 1, 1905, due Jan. 1, 1935; int. Jan. and July. Mortgage on power house $4,000, int. 6 p. c. OPERATION. —Year ending June 30, 1913. Total operating revenue, $33,952; total operating expenses, $22,105; net operating revenue, $11,847; taxes, $1,752; operating income, $10,095; other income, $201; gross income, $10,296; interest, $6,990; hire of equipment, $2,835; surplus for year, $471. TRACK AND EQUIPMENT.—Miles of track (electric) 15; 2 passenger motor cars, 8 freight cars, 2 service cars, I snow plow. Orricers—Pres. H. M. Van Court, Philadelphia, Pa.; V. Pres. S.C. Medbery; Treas. & Gen. Mgr. F. H. Beach; Supt. Transpt. S. A. Egan; Claim Agt. W. H. Estes, all of Ballston Spa, N. Y. Directors.—H. M. Van Court (Chairman), E. C. Miller, A. Fairlamb, F. S. Edmonds, all of Philadelphia, Pa.; Nash Rockwood, Saratoga, N. Y.; F. H. Beach, S. C. Medbery, S. A. Egan, G. R. Beach, all of Ballston Spa, N. Y. GENERAL OFFICE, 51 Bath St., Ballston Spa, N. Y.; power station and repair shops, Factory Village, N. Y. BEACON, Population (estimated) 12,000. Mount Beacon-on-Hudson Hotel Co.—Organized in Maine in 1907, and operates the Mount Beacon incline railway, which it holds under a 50-year lease from the Mount Beacon-on-Hudson Association, together with hotel and casino. Annual meeting second Wednesday in Jan. . CaPITAL STocK.—Common, authorized, $350,000; outstanding, $300,500; preferred, authorized, $150,000; par $100. OPERATION.—Jan. 1 to Nov. 3, 1913. Total operating revenue, $27,497; total operating expenses including construction, $25,825; operating income, $1,672. ; TRACK AND EQUIPMENT.—Feet of cable, 2,400; 2 cars. Orricers.—Pres. Eugene S. Whitney, Beacon, N. Y.; V. Pres. Albert Merrill, Manchester, N. H.; Sec. W. J. Knowlton; Treas. E. F. Robinson, Portland, Me. Directrors.—Albert Merrill, Manchester, N. H.: E. F. Robin- son, Portland, Me.; E. S. Whitney, Beacon, N. Y.; G. P, Plaistead, Gorham, Me.; Albert Pierce, Frankfort, Me. GENERAL OFFICE, 57 Exchange St., Portland, Me. BINGHAMTON. Population in 1900, 39,647; in 1910, 48,443. Binghamton Railway Co.—Chartered Sept. 30, r901. An- nual meeting second Monday in Jan. A consolidation of all the rail- ways in Binghamton and vicinity. The company also does a lighting business in Endicott. In addition to the old charters which were originally granted to constituent companies, the company holds fran- chises, perpetual and practically exclusive, that permit street railway operation in Binghamton, Port Dickinson, Lestershire, Endicott, Union and Owego. Franchises in Binghamton, Lestershire, Union and Port Dickinson provide that the company is to pay one-third of the expense of all new paving between the rails, and is exempt from any expense of maintenance and repairs of paving between the rails of its tracks or outside thereof. Authority to acquire the capital stock of New York McGRAW ELECTRIC RAILWAY MANUAL ian oie etna eeeeraTE “Sr Ww1tdgOH : v. s = DBE > diy. GA OW ORR ae UN 7 ite4,, ‘Wid COOMNATO oe B800]] UOISSIMSUEs] JaMOg quem mm ewes °° *** * :pasod0Jg 890/'] mus 8 UO BIICGC) U! So0)'] ‘OO AVATIVY NOLWVHONIE dHL JO SaILWIdOUd AHL ONIAOHS KLINIOIA CNV NOLWVHONIA JO dvVN . * . . ° . . . 1 ‘ DITOBLYO WY Bs ¢ uryoedy i 4 “ - Ss %, o 2? AD © ASIAaL P ty | e waved &, IVHOTs ay 03 aMWOoud : ALNIOD ” VOOIL AINNOD New York McGRAW ELECTRIC RAILWAY MANUAL 159 the Binghamton Ry. Co. was given to the Scranton & Binghamton Ry. Co. by the New York Public Service Commission, Second District, in February, 1914. CapiTaL Stock, authorized and issued, $1,150,000; outstanding, $978,995; par value $100 per share. DivipENDs.—First dividend paid in rgor, 2 p.c., and same amount annually to and including 1906, when a scrip dividend of 20 p. c. was also paid; 1907, 1908, 1909 and I9I0, 24% p.C.; IQII, 3 p.c.; 1912 and 1913, 4 p. c.; in 1914, Feb., 2 p.c. FuNDED Dest.—First consolidated mortgage 5 p. c. gold bonds, authorized $2,500,000, outstanding $1,326,000; coupon, but may be registered; dated Dec. 10, 1901, due Nov. I, 1931; denom. $1,000; int. payable May and Nov. at Fidelity Trust Co., Buffalo, trustee, or Seaboard National Bank, New York. Sufficient bonds reserved to retire underlying liens, and the remainder are for acquisitions, exten- sions, etc. Subject to call after Nov., IgII, at 110 and interest. Binghamton R. R. Co.’s mortgage 5 p.c. gold bonds, authorized $900,000, outstanding $517,000; coupon, but may be registered; de- nom. $1,000; dated Mar. 1, 1893, due $5,000 each year on Sept. 1, from Igto to 1917; $10,000 per annum on Sept. 1, from Ig18 to 1922; balance on Sept. 1, 1923; int. payable Jan. & July at Metropolitan Trust Co., New York, trustee. Binghamton, Lestershire & Union R.C. Co.’s first mortgage 5 p. c. gold bonds, authorized, $250,000, outstanding, $147,000; dated June 1, 1895, due June 1, 1925; denom. $500; int. payable June and Dec, at Metropolitan Trust Co., New York; Binghamton Trust Co., trustee, OPERATION.—Year ending June 30, IgII. IgI2. 1913. Revenue from passengers............65 $354,822 $390,501 $398,981 es “ EXPTeSS.......00. eee » 4,761 4,553 5,034 os “light and power......... 6,243 7,124 9,655 me se other operating sources... 6,386 7,497 6,820 Total operating revenue............ 4. 372,212 409,675 420,490 General expenses.............0005. 22,852 23,980 27,282 Traffic Bee PO rased aya 8g iote. oat gauche 7,719 9,655 Transportation expenses........... 143,924 137,633 150,888 Maintenance of way and structures.. 15,838 19,805 39,422 “ equipment.......... 29,913 31,884 31,580 Total operating expenses............... 212,527 221,021 258,827 Total net revenue............ 0. cece eee 159,685 188,654 161,663 WARES craseccutiscaen ditt cvere path arene erate ears 15,679 17,760 18,163 Interest on funded debt............ 90,221 93,190 97,162 es * floating: "Sse saree eee 4,881 2,282 3,343 Amort. of debt, discount and expns. 1,103 1,142 1,294 Netsincome:t..o.3ivoe sean celtinsiemee sens: 47,801 74,280 41,701 Dividends «ccc oe oiye-ce Sen Gemanemn: 24,417 48,865 39.123 Surpluss sions euss O56 seed aitnes ca 23,384 25,415 2,578 Debits to profit and loss................ 3,200 16,952 23,856 Total surplus account.............---6. 127,780 136,243 114,964 Operating ratio.......... 0.0... cece eee 58.07 54.9 61.6 STATISTICS OF TRAFFIC. Year ending June 30, IgIl. IgI2. 1913. Revenue passengers carried.......... 7,106,499 7,790,254 7,793,743 Transfer is MSV Mga et nate 1,468,684 1,619,443 1,619,283 Passenger car miles run.............. 1,714,817 1,751,935 1,851,564 Express car miles............-0...00- 21,334 19,640 19,580 Car hours, paSsenger...............- 210,092 214,716 222,769 «express, freight, etc........ 3,580 3,542 3,855 Car seat miles. ..........000--0 ee eee 63,449,200 65,241,736 68,098,763 Average revenue per car mile......... $.2078 $.2165 Operatingexpenses ‘‘ “ ......... 1224 -1383 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road & equip. ..$3,110,182 Capital stock ......... 978,995 Bonds of other cos..... 18,000 Funded debt.......... 1,990,000 Cash. Land Ge cand sone 4,654 Current liabilities, ma- Accounts receivable... 19,916 tured..... nee eeees 61,991 Material and supplies. . 33,942 Current liabilities, un- Prepaid accounts..... 2,622 matured ............ 156,191 Special deposits....... 22,205 ReserveS..........00-5 600 Suspense account...... 56,387 Profit and loss (surplus) 80,131 Total ......... «eae + 83,267,908 Totalioscses vessciie $3,267,908 TRACK AND EQUIPMENT.—Length of line, 30.91 miles; miles of track (electric), 47.92; 73 passenger motor cars, 18 passenger trail cars, 1 express motor car, I freight trail car, 18 service cars. Orricers.—Pres. G. T. Rogers; V. Pres. George E. Green; V. Pres. Geo. W. Dunn; Sec. John B. Rogers; Treas. Elmer M. White; Asst. Treas. H. I. Jackson; Supt. & Pur. Agt. H. T. Rogers; Asst. Supt. W. G. Decker; Ch. Engr. of Power Station & Mast. Mech. F.W. Summers, all of Binghamton, N, Y. ToRS.—G. T. Rogers, Geo. H. Barlow, Wm. H. Hecox;, Gs Geek, F. E. Regs, T. J. Keenan, A. J. Parsons, G. W. Dunn, J. B- Rogers, H. T. Rogers, all of Binghamton, N. Y.; R. W. Day, W. L. Connell, of Scranton, Pa. GENERAL OFFICE, PowER STATION AND REPAIR SHops, Bingham- ton, N. Y. For map of road see page 158. BROOKLYN. (See New York City.) Population in 1900, 1,166,582; in 1910, 1,634,35£ BUFFALO. Population in 1900, 352,387; in 1910, 423,715. INTERNATIONAL TRACTION CO.—Annual meeting last Tuesday in Oct. Incorporated in Mar., 1899, in New Jersey, to con- solidate the street railway systems in Buffalo, Niagara Falls, Lock- port, the Tonawandas, Niagara Falls, Ont., and vicinities; also two bridges over the Niagara River between Niagara Falls, N. Y., and Niagara Falls, Ontario, and between Lewiston, N. Y., and Queenston, Ontario. This consolidation was effected through the International Railway Company, all of whose stock is owned by the Traction Company. Through stock in this company, owned directly, the United Gas & Electric Corporation controls the International Trac- tion Co, A plan became effective in 1912 whereby the International Rail- way Co. issued a new mortgage containing, with the approval of the New York Public Service Commission of the Second District, a provision for the retirement of $12,651,500 underlying bonds of that company through the operation of a sinking fund and the correspond- ing reduction of the fixed capital account. This plan was developed after the appointment of a committee of holders of the collateral trust 4 p. c. bonds, and was substituted for the original agreement promul- gated by that committee on June.21, 1910. New International Trac- tion Co. collateral trust 4 p. c. bonds were issued in exchange for the old bonds of the same class. As part of this arrangement, the New York Public Service Com- mission, Second District, has approved the merger of the Inter- national Ry. Co., the Crosstown Street. Ry. Co. and the Electric City Ry. Co. CariraL Stock.—Common, authorized and outstanding $10,000,- ooo; preferred 4 p. c. cumulative, authorized and outstanding $5,000,- 000; Corporation Trust Co., Jersey City, N. J., transfer agent; Commercial Trust Co., Jersey City, N. J., registrar of stock. DivipEnps.—On preferred, an initial dividend of 2 p. c. paid Feb. I, 1913; also an additional dividend of q4 p. c. in part payment of ac- cumulated dividends; July 15, 1913, 2 p. c. paid on preferred and 2 Pp. &. on accumulated dividends of preferred; Feb. 1, 1914, 2 p. c.; also an additional dividend of 2 p. c. on account of arrears. Funpep Destr.—Collateral trust indenture 4 p. ec. gold bonds, dated Nov. 1, 1912, due July 1, 1949; authorized and outstanding, $18,335,000; denom. $1,000; coupon, but may be registered; int. pay- able Jan. and July at J. P. Morgan & Co.; Guaranty Trust Co. of New York, trustee. Subject to call at rro and interest on any interest date. Serial debenture 6 p. c. gold notes; dated Feb. 1913, covering the issue of $500,000; $50,000 to be retired Feb. 1, 1914, and on each succeeding Feb. 1, so that on Feb. 1, 1923, the $500,000 will have been retired; denom. $1,000; coupon may be registered; int. payable Feb. 1 and Aug.1 at Fidelity Trust Co. of Buffalo, trustee, or at Chase National Bank, New York City. Car trust certificates No. 2, 4% p. c., authorized $600,000, out- standing $150,000; dated 1906, due $30,000 semi-annually from Dec., 1906, to June, 1916, inclusive; coupon, $1,000; int. June 15 and Dec. 15; Commercial Trust Co., Philadelphia, trustee. Car trust certificates No. 3, 6 p. c., authorized $250,000, out- standing $100,000; dated 1907, due $12,000 semi-annually on Mar. 1 and $13,000 Sept. 1 from Mar. 1, 1908, to Sept. 1, 1917; Com- mercial Trust Co., Philadelphia, Pa., trustee. Orricers.—Pres. Rodman E. Griscom, New York City; rst V. Pres., E. G. Connette, Buffalo, N. Y.; Sec. & Asst. Treas. J. A. McKenna, Buffalo; Treas. G.W. Wilson, Buffalo; Audr. C. A. Chavel, Buffalo. Directors. — Thos. De W. Cuyler, G. L. Boissevain, George Bullock, Morris Cohn, Jr.,Thos. Penney, S, Reading Bertron, Edward G. Connette, Rodman Griscom and Richard S. Storrs. GENERAL Office, Corporation Trust Co., 15 Exchange Place, Jersey City, N. J.; Buffalo Office, Ellicott Square. INTERNATIONAL RAILWAY CO. (Owned by International Traction Co.)—Annual meeting last Tuesday in Sept. Incorporated Feb. 20, 1902, in New York, by the filing of agreements of consoli- dation between the following : , i Buffalo Ry. Co. Buffalo & Niagara Falls Electric Ry. Buffalo & Lockport Ry. Lockport & Olcott Ry. Buffalo, Tonawanda & Niagara Falls Electric R. R. Co. The Niagara Falls & Suspension Bridge Ry. Co. Niagara Falls Susp. Bridge Co. On Jan. 27, 1902, the Buffalo Traction Co. and the Buffalo, Bellevue & Lancaster Ry. Co. were merged into the Buffalo Ry. Co.; the Elmwood Avenue & Tonawanda Electric Ry. Co. was merged into the Buffalo & Lockport Ry., and the Niagara Falls Whirlpool & Northern Ry. was merged into the Niagara Falls & Suspension Bridge Ry. Co. 160 McGRAW ELECTRIC RAILWAY MANUAL New York In July, 1902, acquired the Niagara Falls, Park and River Ry. Co., the Clifton Suspension Bridge Co., the Lewiston Connecting Bridge Co., within the State of New York, the Queenston Heights Bridge Co. and the Queenston Suspension Bridge in Ontario, Can. The Crosstown St. Ry. Co. of Buffalo and The Electric City Ry. Co. have been merged into the International Ry. Co.; approval of the New York Public Service Commission, Second District, was obtained on Dec. 4, Igt2, and Nov, 26, 1912, respectively. Certificates of merger were filed on Nov. 7, 1912, for the Electric City Ry. Co., and on May 31, 1913, for Crosstown Street Ry. Co. of Buffalo. By traffic agreement with the Niagara Gorge R. R., cars of this company are operated over its eight mile line under contract running to 1941. The greater part of the electrical energy used is purchased under contract for aterm of years from the Niagara Falls Power Co., Tonawanda Power Co. and the Cataract Power & Conduit Co. The most important franchises in Buffalo are for long-term periods or without time limit, only 47 miles of minor trackage being operated under franchises having a life of less than 25 years from 1912. Franchises of lines outside of Buffalo are either for long-term periods or are perpetual. CapiraL Srock, authorized $17,000,000, issued $16,320,500, all owned by International Traction Co. and deposited with the Guaranty Trust Company of New York as security for the collateral trust bonds of that company, together with $60,000 first mortgage gold registered bonds of the Tonawanda Street R. R. Co., $40,000 Tona- wanda Electric Ry. Co. bonds, $518,000 bonds of the Niagara Falls & Suspension Bridge Ry. Co., $22,500 bonds of the Niagara Falls Whirl- pool & Northern Ry. Co. and $4,344,000 International Ry. refunding and improvement 5 p. c. bonds. DIvIDENDs.—In 1912, 4 p.c.; in 1913, II p. c. Funpep Dest.—Refunding and improvement § p. c. gold bonds, authorized $60,000,000, outstanding $9,817,000; $11,031,500 reserved to retire prior liens, and remaining $39,151,500 issuable for addi- tions, improvements, and car trust payments, with the approval of the New York Public Service Commission of the Second District; dated Nov. 1, 1912, due Nov. 1, 1962; denom. $100 and $1,000 coupon, and registered $1,000 and multiples; int. payable May and Nov. 1 at the office or agency of company in New York; Bankers Trust Co., New York, trustee; callable at 110 and interest on any interest date; sinking fund, commencing 1912, annually such sums of money as (with interest compounded) will be sufficient, by July 1, 1949, to provide for the retirement of prior lien bonds amounting to $12,651,500, and for the payment of such of the new 5 p.c. mortgage bonds as shall have been issued to pay the prior lien bonds. Buffalo Ry. Co. consolidated mortgage 5 p.c. gold bonds, author- ized and outstanding $5,000,000; coupon, but may be registered; dated Jan: 31, 1891, due Feb. 1, 1931; denom. $1,000; int. payable Feb. and Aug. at office of company in Buffalo, and E. W. Clark & Co. in Philadelphia; trustee, Solicitors Loan & Trust Co. of Philadelphia, Pa. Buffalo Traction Company first mortgage 5 p.c. gold bonds, authorized $2,345,000, issued $673,000; dated Dec. 1, 1898, due Dec. I, 1948; int. payable June and Dec. at Metropolitan Trust Co., New York, trustee of mortgage. The Buffalo, Bellevue & Lancaster Railway Co. first mort- gage 5 p. c. bonds, authorized and issued $215,000; dated June 1, 1897, due June I, 1927; int. payable June and Dec. at Buffalo Loan, Trust & Safe Deposit Co., trustee. Buffalo & Niagara Falls Electric Railway first mortgage 5 p.c. gold bonds, authorized and issued $750,000; dated June 15, 1895, due July 1, 1935; coupon, but may be registered; denom. $1,000; int. payable Jan. and July at Bankers Trust Co. of New York, trustee. Buffalo & Niagara Falls Electric Railway second mortgage 5 p.c. sinking fund gold bonds, authorized $250,000, outstanding $45,000; coupon, but may be registered; dated June 1, 1896, due July I, 1921; denom. $1,000; int. payable Jan. and July at Bankers Trust Co., New York, trustee. Buffalo & Lockport Railway first mortgage 5 p. c. gold bonds, authorized $1,000,000, outstanding $500,000; denom. $1,000; dated July 1, 1898, due July 1, 1938; int. payable Jan. and July at Colonial Trust Co., trustee. Crosstown Street Railway Co. of Buffalo first mortgage 5 p. c. gold bonds, authorized $3,000,000, outstanding $2,974,000; dated May 2, 1892, due May I, 1932; int. payable May and Nov. at Metropolitan Trust Co. of New York City, trustee. ($350,000 owned by Interna- tional Ry. Co.) Lockport & Olcott Railway first mortgage 5 p.c. gold bonds, authorized $1,000,000, issued $800,000; dated July I, 1900, due July I, 1920; denom. $100; coupon, but may be registered; int. payable Jan. and July at Guaranty Trust Co. of New York, trustee; principal and interest guaranteed by International Traction Co. Niagara Falls & Suspension Bridge Railway Co. first mortgage 6 p. c. gold bonds, authorized $1,000,000, outstanding $518,000; dated July 1, 1893, due July 1, 1923; int. payable Jan. and July; trustee, Fidelity Trust Co. of Buffalo. Owned by International Traction Co. Niagara Falls Whirlpool & Northern Railway first mortgage 6 p.c. bonds, authorized $30,000, outstanding $22,500; dated July 24, 1894, due July 1, 1923; denom. $100; int. payable Jan. and July; trustee, Fidelity Trust Co. of Buffalo. Owned by International Traction Co. Niagara Falls Suspension Bridge Co. and Clifton Suspension Bridge Co. first mortgage 5 p. ¢c. bonds, authorized and issued $300,000; dated Nov. 1, 1897, due Jan. 1, 1928; int. due Jan. and July, payable at American Exchange National Bank of New York; trustee, Toronto General Trust Co. of Toronto, Ont. Lewiston Connecting Bridge Co. and Queenston Heights Bridge Co. first mortgage 5 p. c. bonds, authorized and issued $125,000; dated Oct. 1, 1898, due Oct. 1, 1928; int. payable Apr. and Oct. at Toronto General Trust Co., trustee. Tonawanda Electric R. R. Co. first mortgage 4 p. c. bonds, authorized and issued $40,000; dated Apr. 1, 1895, due Apr. 1, 1917; int. payable Apr. and Oct.; John Cunneen, trustee. All owned by International Traction Co. Tonawanda Street R. R. Co. first mortgage 6 p. c. gold bonds, authorized $250,000, outstanding $60,000; dated July 1, 1893, due July 1, 1923; coupon, but may be registered; int. payable Jan. and July at Guaranty Trust Co., New York, trustee. All owned by In- ternational Traction Co. OPERATION.—Year ending June 30, IQII. IgI2. t1913. Earnings from passengers.........$4,952,771 $5,001,128 $6,208,913 — SEs APOIGHE 5 < Avecalerarexeoscacens 81,521 88,120 88,070 a OS MMM a is cosectiioreyeiiertiiedss tees 1707 1,808 2,000 as mE “CXPIESS\icsnyacneie csosens 35,041 30,971 36,954 ee ‘* advertising......... 31,947 31,776 39,861 es “* miscellaneous...... 55,716 76,746 87,335 Gross income............00eee eee 5,158,783 5,230,549 6,463,133 General expenses............. 477,488 437,628 599,291 Traffic PE An Sieben a deco neuer 94,248 23,477 30,848 Operation of cars............. 1,076,872 ) Power expenses.............. 443,378 § 1,651,046 2,054,602 Maint.of way and buildings... 486,248 502,033 608,175 i equipments ycs 55-0008 411,369 420,644 507,544 Operating expenses............... 2,989,603 3,034,828 3,800,460 Gross income less oper. expenses.. 2,169,180 2,195,720 2,662,673 Miscellaneous revenues........... 10,550 19,544 19,250 Interest revenueS...............0- 23,789 41,629 29,280 Total earnings: ov sewn cove eaulnns 2,203,519 2,256,893 2,711,203 WARS et .c ss asin See an Sona 298,677 304,994 368,735 Interest on funded debt....... 549,349 548,359 896,778 Other interest deducted....... 254,880 257,626 II4,660 Rent (road and equipment).... 16,666 25,530 18,680 Other and miscel. rent deduct. 12,541 13,661 113,906 Non-operative rev. deducted.. 1,977 1,874 2,098 Surplus ee re re 1,069,429 1,104,849 1,196,346 Dividend sis sis2 nd anciveeaeanes 652,820 1,795,255 TPo'sur pluses parson aaseaeetacesy 452,029 — *598,909 Surplus from previous year........ §3, 282,601 CreditSicoak Medicis weiss ae ae eee eed < 8,862 141,594 Other adjustments................ 18,364 18,261 +2,375,340 Total. Surpliis) «sess eescc cas 3 2,649,482 3,083,250 449,946 * Deficit. {Includes Public Service adjustments in connection with issue of new mortgage of $60,000,000. + Includes Crosstown St. Ry. of Buffalo and Electric City Ry. Co. § Includes $178,180 from Crosstown St. Ry. Co. and $21,171 from Electric City Ry. Co. STATISTICS OF TRAFFIC. Year ending June 30, IQII. 1912. 1913. Revenue passengers carried....... 89,998,492 91,968,300 116,648,832 ‘Pravsters:4 2.0 ste eee eee ee 38,427,376 40,146,548 51,651,370 Passenger car miles run.......,... 17,470,864 17,712,906 21,302,109 Freight & express car miles run.. 255,022 250,397 289,693 Passenger car hours.............. 1,883,022 1,909,153 2,348,313 Freight, express, etc., car hours... 29,196 31,440 29,135 Car seat miles. ..... pete ee eee eee 714,687,654 705,263,125 922,193,377 Tons of revenue freight carried.... 241,604 238,669 246,423 Tons carried 1 mile....... eee eee 3,083,393 3,030,895 2,957,587 Average revenue percar mile...... $.2875 $.2955 Operating expenses ‘‘ Oe Shek paca -1690 .1760 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip.$38,393,231 Capital stock......... $16,320,500 Stocks of other cos.... 15,000 Funded debt......... 20,908,500 Bonds “ et 12,550 Interest accrued....... 302,759 Other investments.... 24,000 Taxes ~ ioe oe 223,073 Cashes oscciie wee eten es 453,708 Accounts payable..... 708,884 Accounts receivable... 171,719 Other liabilities....... 2,124,787 Material and supplies. 400,573 Profitand loss(surp.).. 449,946 Prepaid accounts..... 71,084 Other assets.......... 1,496,584 EOP al asotd acto aueat cae $41,038,449 Wotal oe Selassie $41,038,449 TRACK AND EQuipMEnt (International Ry. Co.).—Length of line (electric), 223.82; miles of track, 383.92, cars—1,169 passenger motor, 93 trail passenger, 2 funeral, 2 special, 2 motor express, 11 freight trail, 2 electric locomotives, 181 service cars; 240 of the foregoing are of the pay-as-you-enter type and 374 of the near-side type. New York McGRAW ELECTRIC RAILWAY MANUAL 161 OrFicers.—Chm. Exec. Comm. Geo. Bullock, New York City; Pres. Edward G. Connette, Buffalo, N. Y.; V. Pres. E. J. Dickson, Buffalo, N. Y.; Sec. & Asst. Treas. John A. McKenna; Treas. G. W. Wilson, Buffalo, N. Y.; Audr. Chas. A. Chavel; Gen. Agt. Geo. Chambers, Buffalo, N. Y.; Supt. N. H. Brown, Buffalo, N. Y.; Supt. Niagara Div. E. H. Henning, Niagara Falls, N. Y.; Pur. Agt. J.C. Sheldon, Buffalo, N. Y.; Claim Agt. A. J. Farrell, Buffalo, N. Y.: Elec. Engr. F, A. Nichols, Buffalo, N. Y.; Supt. of Equip. G. W. Dunlap, Buffalo, N. Y.; Traffic Agt. W. J. Whiteside, Buffalo, N. Y.; Supt. Track & Line, H. L. Mack. Buffalo, N. Y. Direcrors.—John W. Barr, Jr., Louisville, Ky.; S, Reading Bertron, Geo. Bullock, Marshall J. Dodge, Rodman E. Griscom, Francis T. Homer, all of New York City; Edward G. Connette, J. L. Clawson, Robt. L. Fryer, Chas. R. Huntley, Porter Norton, Thos. Penney, Robt. W. Pomeroy, Henry C. Zeller, all of Buffalo, N. Y.; Thos. DeWitt Cuyler, John S. Jenks, of Philadelphia, Pa. GENERAL OFFICES, Ellicott Square, Buffalo, N. Y.; power trans- mitted from Niagara Falls. Auxiliary steam power house, Niagara St., Buffalo. Repair shops, Cold Spring, Buffalo, N. Y. . THE TRACTIONAL CO.—Incorporated Aug. 17, 1905, under laws of New Jersey, and acquired, through exchange of stock, $7,030,000 common stock of the International Traction Co. In the exchange, the Traction Co. received 1 share of Tractional for 100 shares of its stock. Through the ownership of stock of this com- pany and of the International Traction Co., the United Gas & Electric Corporation formerly held control of the International Traction Co. ; the Tractional Co., however, has now been dissolved. Buffalo Southern Railway Co.—Incorporated Aug. 26, 1904. Annual meeting second Monday in Jan. A consolidation of the Buffalo, Hamburg & Aurora Ry. Co. and the Buffalo, Gardenville & Ebenezer Ry. Co. Connects Buffalo, Gardenville, Ebenezer, Orchard Park, Hamburg and Armor. An extension to East Aurora is under con- struction, of which 5.5 miles is completed. On Sept. 26, 1913, a receiver was appointed upon application of the Fidelity Trust Company, Buffalo, trustee. CaPpITAL Stock, authorized $2,000,000, outstanding $547,200; par value, $100 per share. FunDED Dest.—First mortgage 5 p. c. bonds, authorized $2,000,000, outstanding $600,000; reserved for future extensions and equipment, $1,400,000; dated Oct. 15, 1904, due Oct. 15, 1924; int. payable Apr. and Oct. at Seaboard National Bank, New York, or at Fidelity Trust Co., Buffalo, trustee. From $50,000 to $100,000 bonds are subject to call at 110 and int., on any interest date, upon 3 months’ notice. TRACK AND EQuiIpMENT.—Miles of track (electric), 25.35 owned; 12 passenger motor and 8 passenger trail cars; 8 service cars. OrrFicers.—Recr. Nathan A. Bundy; Pres. Wm. M. Griffith; 1328 Broadway, New York City; V. Pres. Geo. F. Wells, East Aurora, N. Y.; Sec. H. M. Gear, Erie County Bank Building, Buffalo, N. Y; Treas., Gen. Mgr. & Pur. Agt. N. A. Bundy, 3433 Seneca St., Buffalo, N. Y.; Engr. Pwr. Sta. G. R. Wahle, Ebenezer; Ch. Engr. Frederick Wing, Buffalo, N. Y. Directors.—Wm. H. Cummins, Robert B. Austin, Robert V- Matthews, New York City; Wm. J. Wheeler, E. L. Frost, Wm. M. Griffith, A. S. Wildigg, Brooklyn, N. Y.; Chas. L. Lewis, H. M. Gear, W.L. Marcy, Geo. F. Wells, Buffalo, N.Y. GENERAL OFFICE, 2433 Seneca St., Buffalo, N. Y.; power stations, Lein Park and near Orchard Park; repair shops, Gardenville and near Orchard Park. Buffalo & Lake Erie Traction Co.—Chartered Dec. 28, 1906. A consolidation and merger of the Buffalo, Dunkirk & Western R. R., the Dunkirk & Fredonia R. R., the Hamburg Ry., the Lake Erie Electric Traction Co. in New York, and the Erie Rapid Transit Co. in Pennsylvania. Leased for 999 years the Erie Electric Motor Co., which leases the Erie City Passenger Ry. and the Erie, Reed Park & Lakeside Street Ry.; also controls the Dunkirk Street Ry. Co., and the Erie & Suburban Railway, and in 1909 leased for 999 years the Buffalo & Lackawanna Traction Co. Has trackage rights over International Railway Co. line in Buffalo. Connects Buffalo, N. Y., and Erie, Pa., passing through Angola, Dunkirk, Fredonia, Brocton and Westfield, N. Y., Northeast, Harbor Creek and Wesleyville, Pa. A branch from Buffalo reaches Hamburg, Blasdell and Lackawanna. Annual meeting second Monday in Jan. As the company was unable to meet the interest due on Nov. 1, Igt2, on its first and refunding mortgage bonds, Alvin W. Krech, Arthur V. Morton, W. N. Ely, Harrison Nesbit, George R. Teller and Rodman E. Griscom agreed to act as a protective committee. The committee arranged to advance to the holders of certificates of deposit a sum equivalent to the interest due on Nov. 1, Ig12, on the bonds on deposit. The interest due on May 1 and Nov. I, 1913, was not paid. The protective committee drew up a plan of reorganization, but in Dec., 1913, this plan was abandoned. A new plan is now being formulated. CapiraL StocK.—Common, authorized and issued, $5,000,000; outstanding, $4,654,100; preferred 5 p. c. cumulative from July, 1909, authorized and issued, $2,500,000. FunpEp Dest.—First and refunding mortgage 5 p. c. gold coupon bonds, authorized $12,000,000, issued $7,066,000, reserved to retire prior liens $2,034,000; dated Nov. 1, 1906, due Nov., 1936; de- nom, $1,000; int. payable May and Nov. at New Vork Trust Co., New York, trustee. Subject to call on any interest date on or before Nov. I, 1911, at 105 and interest, thereafter at rro and interest. Real estate mortgages outstanding, $3,000, interest 5 p. c.; $500, interest 6 p. c. Dunkirk & Fredonia R. R. Co.’s funding and refunding mort- gage 5 p.c. gold bonds, authorized $100,000, outstanding $39,000; dated July 1, 1902, due July 1, 1952; denom. $100, $500 and $1,000; int. payable Jan, and July at Citizens Trust Co., Fredonia, N. Y., trustee. Hamburg Ry. Co.'s first refunding mortgage 4 p. c. gold bonds, authorized and issued $750,000, outstanding $692,000; dated Nov. 1, 1906, due Nov. 1, 1926; denom. $1,000; int. payable Nov. and May at Colonial Trust Co., New York, trustee; subject to call on or before Nov. 1,1g911, at par and interest. Erie Electric Motor Co.’s first mortgage 6 p. c. gold coupon bonds, authorized $200,000, outstanding $148,000; dated Jan. 1, 1889, due Jan. 1, I919; int. payable Jan. and July at Kountze Bros., New York; Central Trust Co., New York, trustee. Sinking fund of I p.c. per annum began Apr. 1, 1906, and will be increased to 1% p.c. in 1916. Erie Electric Motor Co.’s second mortgage 6 p. c. gold coupon bonds, authorized $150,000, outstanding $102,000; dated Jan. 1, 1892, due Jan. 1, 1919; int. payable Jan. and July at Kountze Bros., New York; Central Trust Co., New York, N. Y., trustee. Erie Electric Motor Co.’s first refunding mortgage 5 p.c. gold coupon sinking fund bonds, authorized $1,250,000, outstanding $1,009,000; dated Apr. 1, 1901, due Apr. I, 1941; denom. $1,000; int. payable Apr. and Oct. at New York Trust Co., New York, trustee; secured by. deposit of entire stocks of the Erie City Passenger Ry. and the Erie, Reed Park & Lakeside Street Ry. A sinking fund of1 p. c. per annum on these bonds began Apr. 1, 1906, and will be increased to 1% p.c. in 1916. OpERATION.—Year ending June 30, IgII. Igi2. 1913. Gross revenue from passengers....$ 988,323 $1,000,816 $1,088,040 be ee me EXPIeSS........ 974 1,272 1,769 «e oe 8 freight ci sc saess 34,889 30,543 39,585 ies ue “rent of tracks.. 14,308 15,661 20,433 os ee ‘* other ry. oper... 10,539 16,968 17,255 Total ‘* ry. operations... 1,049,033 1,065,260 1,167,082 General expenses.............- 99,203 134,125 Traffic OS \nanantinac eed ae 6,746 5.752 Superintendence of transpt..... 17,809 Operation of cars ...........4. 447,373 303,349 ae ‘* power plant...... 156,089 Maintenance of way & structures 65,908 77,241 "i “* equipment..... 75,271 91,421 Total operating expenses.......... ‘ 694,501 785,785 Gross ry. income less oper. expenses 370,759 381,298 Miscellaneous income.............. 7,301 8,884 Total drncce start acedeueice iad data Soaeeeers 378,060 390,182 Interest on funded debt......... 444,506 445,067 Other interest................. 33,423 22,181 Sinking fund s:. sisisues Sis ces siete 11,329 TORS eee yaee ees PRR TICLE RARE 58,050 59,191 Rent of road...........e eee 50,000 49,999 Track and terminal privileges... 8,365 27,464 Hire of equipment............. 4,778 19,163 Miscellaneous rent deductions...... 21,000 Amort. debt, disc. and exp........ 3,154 Netincom@xsnicsteids eed eyes cessloaes *212,391 *257,037 Deficit from previous year.......... 59,684 245,887 Adjustments, debit............ 2... 93,180 38,099 ‘Total dencitensac.sececaesiciaes c444 245,887 541,023 P. c. oper. expns. to total receipts.... 65.19 67. *Deficit. nee STATISTICS OF TRAFFIC. Year ending June 30, IgIt. IgI2. 1913. Revenue passengers carried.15,529,006 15,924,116 17,154,631 Transfer ve 4,444,012 4,586,388 4,900,953 Employees and free pass... 247,429 185,444 246,200 Passenger car hours...... 454,692 459,796 479,700 Passenger car miles run.... 4,456,338 4,359,326 4,537,096 Car seat miles............ 12,967,217,473 14,358,253,647 Freight car hours......... 10,469 14,691 Be amie ase i ae 87,915 99,649 Average rev. per car mile. $.2341 $.2448 Oper. expns. per car mile.. -1562 1694 Average fgt. rev. per ton.. 3.33 3.18 Pass. rev. per pass. car hr. 2.27 2.27 162 McGRAW ELECTRIC RAILWAY MANUAL New York BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Fixed cap. Dec. 31,'08..$13,735,936 Capital stock.......... $7,154,100 a ‘install. since 1,427,664 Mortgage bonds...... 8,989,500 Free investments...... 1,157,500 Taxes accrued......... 35,681 Sinking fund......... 81,795 Interest “* ........ 466,767 Bills receivable....... 53,628 Miscell. bills payable.. 394,353 Accounts receivable... 201,653 oy acctSs: (AS as 156,399 Other current assets. . 4,336 Accrued amort. of cap. 103,575 Material and supplies 38,885 Other required resrvs. 40,330 Prepayments......... 8,705 Interest receivable.... 3,992 Unamortized debt dis.. 67,722 Con. work in progress. 8,192 Other suspense debits.. 9,674 BY GBS dopo gina vice we we 541,023 Total. .cscs.cngtes es S07, 340, 705 WP Otalies sisacs bce aeae $17,340,705 TRACK AND EQuipMENT.—Miles of track owned, 119.26; leased or under trackage rights, 65.85; total miles operated, 185.11; 139 motor passenger cars operated, of which 35 are of the pay-as-you- enter type; 15 trail passenger cars operated, 5 motor freight and 4 trail freight cars, 13 work cars, 8 snow plows, 4 sweepers. OFFICERS.—Chairman Executive Committee, Geo. Bullock, New York City; V. Pres. & Sec. M. D. Evans, New York City; Treas. A. F. Tideswell, Erie, Pa.; Gen. Mgr. A. R. Meyers, Erie, Pa.; Audr. M. J. Binkley, Erie, Pa.; Supts. R. T. Nolan, Erie, Pa.; R. H. Douglas, Buffalo, N. Y.; Geo. Baker, Fredonia, N. Y.; Claim Agt. C. G. Lohman, Fredonia, N. Y. DirEcTors.—Jos. B. Mayer, S. Z. Mitchell, Rodman E. Griscom, M. D. Evans, Geo. Bullock, A. R. Myers, M. J. Dodge and P. C. Schutrum. GENERAL OrFFicz, Erie, Pa.; power stations, Erie, Pa., Ripley, N. Y., and Harbor Creek, Pa.; also purchases from Niagara, Lock- port & Ontario Power Co.; repair shops, Buffalo and Fredonia, N. Y.; Erie, Pa. BUFFALO & LACKAWANNA TRACTION CO.—Incorporated in New York in June, 1906, and affords Buffalo entrance for the Buf- falo & Lake Erie Traction Co.,which has leased the road for 999 years. On Oct, 2, 1912, the Public Service Commission, Second District, authorized the issue of $160,000 bonds for improvements. CapiTaL Stock, authorized and outstanding, $100,000. FunpED DeEsT.—First mortgage 5 p. c. gold bonds, authorized $1,500,000, outstanding $1,000,000, reserved $500,000 (for 85 p.c. of cost of improvements, extensions and betterments); dated Dec. 1, 1908, due Dec. 1, 1928; denom. $1,000; int. payable June and Dec. at New York Trust Co., trustee. Guaranteed, principal and interest, by Buffalo & Lake Erie Traction Co. Subject to call as a whole or in part on or before Dec. 1, 1911, at 105 and interest and thereafter on or before Dec. 1, 1913, at 110 and interest. Track.—Miles of track (electric) 4.5. Buffalo & Depew Railway Co.—Chartered in New York in April, 1897. Annual meeting first Monday in Sept. Connects City Line, Buffalo and Depew, N. Y. CAPITAL STock, authorized, $350,000; outstanding, $305,000. FunpED DexsT.—First mortgage 5 p. c. bonds, authorized and outstanding $350,000; dated Jan. 1, 1900, due Jan 1, 1930; int. pay- able Jan. and July at Germantown Real Estate Deposit & Trust Co., Germantown, Pa., trustee. OpERATION.— Year ended June 30, 1913. Total operating re- venue, $19,680; total operating expenses, $26,068; net operating revenue, *$6,388; taxes, $2,360; gross income, *$8,748; interest, $17,500; deficit for year, $26,248; total deficit, $343,378. *Deficit. TRACK AND EQuIPMENT.—Miles of track 13.59; 5 cars. OrFicers.—Pres. W. L. Nevin; V. Pres. J. E. Richards, North American Bldg., Phila., Pa.; Sec., Treas. & Gen. Mgr. J. T. Mooney, 121 Lorraine Ave., Buffalo, N. Y.; Asst. Supt. H. C. Hendryx, Depew, N. Y. Drrecrors.—Chas. B. Dunn, John J. Collier, J. Ernest Richards, Allan Hunter, F. W. Lamping, Jr., Wm. L. Nevin, J. E. Durham, all of Phila., Pa.; John T. Mooney, Wm. B. Cutter, Buffalo, N. Y. GENERAL OFFICE, North American Bldg., Phila., Pa.; local office, Depew, N. Y. CATSKILL. Population in Igto, 5,296. Catskill Traction Co.—Chartered in Jan., 1910, as successor to the Catskill Electric Railway Co., sold under foreclosure. Annual meetingin Jan. Connects Catskill and Leeds, N. Y. CAPITAL STOCK, authorized and outstanding, $60,000. Funpep Derst.—First mortgage 5 p. c. bonds, authorized $400,000, outstanding $60,000; dated March 1, Igto, due March 1, 1940; int. payable Mar. and Sept. OPERATION.—Year ended June 30, 1913. Total operating revenue, $22,879; total operating expenses, $18,687; net operating revenue, $4,192; taxes, $878; gross income, $3,314; interest and other deduc- tions, $3,350; deficit for year, $236; total surplus, $3,713. TRACK AND EQuripMENtT.—Miles of track, 5.5; 10 motor cars, I freight motor car, I service car. OrFicers.—Pres. Herman C. Cowen; Sec. & Treas. Henry M. Miner. Directors.—H. C. Cowen, P. G. Coffin, J. A. Betts, F. N. DuBois, J. W. Cummings, Jr., M. E. Silberstein, G. B. Van Valken- burgh, H. M. Miner, F. S. Decker, all of Catskill, N. Y. GENERAL OFFICE, 427 Main St., Catskill, N. Y. COHOES. Population in 1900, 24,108; in IgI0, 24,719. COHOES RAILWAY CO.—Annual meeting fourth Monday in June. On Apr. 21, 1904, the Cohoes City Ry. Co., chartered July 29, 1894, was sold under foreclosure to this company. The road is oper- ated by the United Traction Co. of Albany. $120,000 capital stock and all the bonds are pledged as collateral, under the Albany Ry, mortgage, dated June I, 1897. CAPITAL STOCK, authorized and issued, $120,000. DivipENDs.—For years ended June 30, 1909 and 19I0, 4 p.c.; IQII, 5% p. ¢.; 1912, 4% p.c. FunpEeD DestT.—First mortgage 5 p. c. registered bonds, author- ized, $85,000, issued, $84,000; dated May 1, 1904, due May 1, 1924; int. payable Jan. and July. TrAck.—Miles of track (electric), 7.23 owned. GENERAL OFFIcEs, Albany, N. Y. CORNING. Population in 1910, 13,730. Corning & Painted Post Street Ry.—Chartered Dec. 11, 1894, for fifty years. CAPITAL Stock, authorized and outstanding, $100,000. Funpep Derst.—First mortgage 5 p. c. bonds, authorized and outstanding, $100,000; dated Jan. 1, 1896, due Jan. 1, 1916; int. pay- able Jan. and July at Beacon Trust Co., Boston, Mass., trustee. OpERATION.— Year ended June 30, 1913. Total operating revenue, $72,649; total operating expenses, $54,012; net operating revenue, $18,637; taxes, $3,895; operating income, $14,742; other income, $591; gross income, $15,333; interest and other deductions, $9,805; surplus for year, $5,528; total surplus, $91,203. TRACK AND EQuIpMENT.—Miles of track, 5.9; 14 motor cars, 1 snow plow, 3 work cars. Orricers.—Pres. J. L. Greatsinger; Treas. H. W. Bigoney; Compt. C. P. Crawford; Gen. Mgr. E. W. Underwood, all of 50 Church St., New York City. DirecTors.—Geo. McCann, A. L. Smith, John Stanchfield, Elmira, N. Y.; F. E. Remsen, B. A. Van Tassel, G. G. Mackay, Craig Graves, J. L. Greatsinger, New York City; G. Tracy Rogers, Binghamton, N. Y. : GENERAL OFFICE, 50 Church St., New York City power station, Corning, N. Y. CORTLAND. Population in 1900, 9,014; in I9I0, 11,504. The Cortland County Traction Co.—Organized June 1, 1901, as successor to the Cortland & Homer Traction Co., sold under fore- closure on Apr. 23, 1901. Connects Cortland, Homer, Little York and Preble, and Cortland and McGrawville. In June, 1905, absorbed Cortland & Homer Electric Co. Annual meeting first Saturday in Aug. CAPITAL STocK.—Common, authorized $1,000,000, issued $320, - 000; par value, $100 per share. , ; FuNDED DeBT.—First mortgage 4 p.c. gold bonds, authorized and issued, $180,000; coupon, but may be registered; dated June 1, 1901, due Apr. I, 1921; int. payable Apr. and Oct.; County Savings Bank & Trust Co., of Scranton, Pa., trustee; coupons payable at office of company; subject to call on 6 months’ notice. Mortgage 5 p. c. gold coupon bonds, authorized $500,000, is- sued and outstanding $320,000; dated June 1, 1905, due Aug. I, 1935; int. payable Feb. and Aug. at Empire Trust Co., New York City, trustee; subject to call after Aug. I, Ig10, at 105; $180,000 held for retirement of prior liens. ; i Refunding and extension mortgage 5 p. c. bonds, authorized $2,- 000,000, issued and outstanding $105,000; dated June 1, 1907, due June 1, 1957; int. payable June and Dec. 1. OPERATION.— Year ended June 30, 1913. Railway operating rev- enue, $83,362; railway operating expenses; $55,167; net railway oper- ating revenue, $28,195; taxes, $4,715; railway operating income, $23,480; other operating income, $19,879; gross income, $43,359; in- terest, $29,441; surplus for year, $13,918; surplus at beginning, $52,788; adjustments (debit), $6,844; total surplus, $59,862. ; TRACK AND EQuipMENT.—Miles of track (electric), 17.66; 16 pas- senger motor cars, g trail passenger cars, 1 freight motor car, I service car, 7 work cars. New York McGRAW ELECTRIC OFFICcERS.—Pres. D.W. Van Hoesen; V. Pres. Edward H. Brewer; Sec. G. H. Garrison; Treas. & Gen. Mgr. Edwin Duffey; Engr. of Pwr. Sta. C. P. Gerrard, all of Cortland, N. Y. DirecTors.—H. Duffey, E. Duffey, B. F. Taylor, D. W. Van Hoesen, H. A. Dickenson, G. H. Garrison, C. C. Wickwire, E. H. Brewer, all of Cortland, N. Y. GENERAL OFFIcg, 10 Clinton Ave., power station and repair shops, Cortland, N. Y. ELMIRA. Population in 1900, 35,672; in Ig10, 37,176. ELMIRA WATER, LIGHT & RAILROAD CO.—Chartered May 26, 1900. Annual meeting first Thursday in June. This com- pany purchased the properties of the Elmira & Horseheads Ry. Co. and the Maple Ave. Ry. Co., May 28, 1900, thereby acquiring con- trol of the West Water Street R. R. It also owns all the stock and bonds of the Elmira & Seneca Lake Traction Co. In 1gto the Public Service Commission authorized the company to acquire all stock of the Montour Falls Electric Light Co. On Nov. fo, 1911, the Public Service Commission authorized the merger of the West Side R.R. Co. with the Elmira Water, Light & R. R. Co. Besides its street railway system, the company also supplies electric light and power, gas, water and natural gas. Connects Elmira, Elmira Heights, Horseheads and Southport. Controlled by the United Gas & Electric Corpora- tion. CAPITAL STocK.—Common, authorized and issued, $1,000,000; 5 p. c. cumulative preferred, authorized $1,000,000, issued and out- standing $683,000; par value, $100 per share. Divipenps.—First dividend on preferred stock 2% p.c. paid Sept., 1907; regular payments at 5 p. c. per annum since. On com- mon in 1Igio, Sept., 1 p.c., Dec., 1 p.c.; in 1911, 4 p.c.; in 1912, 4p.c.; in 1913, 4 p.c. Funprep Dest.—First consolidated mortgage 5 p. c. gold bonds, authorized $5,000,000, issued $2,706,000, outstanding $2,363,000, held in treasury $343,000, reserved for prior liens $2,016,000; cou- pon, but may be registered; dated Sept. 1, 1906, due Sept. 1, 1956; denom. $1,000; int. payable Mar. and Sept. at New York Trust Co., New York, trustee. First mortgage 5 p. v. gold bonds, authorized $2,000,000, issued and outstanding $1,661,000; in escrow to retire underlying bonds, $339,000; coupon, but may be registered; dated 1899, due Jan. I, 1949; denom. $500 and $1,000; subject to call at 105 and interest; int. payable Jan. and July at United States Mortgage & Trust Co., New York, trustee. Chemung County Gas Co. first mortgage 6 p. c. bonds, author- ized $500,000, issued $350,000, outstanding $307,000, cancelled $43,- ooo; dated July 1, 1903, due 1923, denom. $1,000; int. payable Jan. and July. West Side Railroad Co.’s first mortgage 5 p.c. gold coupon bonds, authorized, issued and outstanding, $355,000; dated Oct. 1, 1894, due Oct. 1, 1914; denom. $1,000; int. payable Apr. and Oct. Chemung Canal Trust Co., Elmira, trustee. Guaranteed by Elmira Water, Light & Railroad Co. From May 6, 1913, to Dec. 1913, company placed $1,250,000 of short term notes maturing May I, 1914, interest at 6 p.c., payable Nov. 1 and May I. OpERATION.—Year ending June 30, IgII. Igt2. 1913. Revenue from passengers.....-.-.+--- $255,253 $272,629 $283,714 ae ae 86 EXPIESS si 43 ae paces 5,223 5,576 6,062 a ss “ rentof tracks ...... 15,389 11,173 12,747 ae eS ‘© other ry. oper...... 4,359 3,865 3,163 Total income railway department....... 280,224 293,243 305,686 General expenSeS....... sees eee eee 22,829 14,890 18,286 Traffic CXPENSES. . eee. eee eee eee eee 2,509 1,935 Operation of cars......--..++--+ee- 81,681 82,683 86,443 Power EXPENSES... eee sere ee eeees 39,017 39,957 31,522 Maintenance of way & buildings... 31,503 26,735 27,557 ae ‘“ equipment....... 26,372 34,299 31,977 Railway operating expenses..........-- 201,403 201,073 197,720 Gross income less operating expenses... 78,821 92,170 107,966 Gross revenue from outside operations... 583,458 302,050 614,152 Operating expenses“ * + 292,619 313,189 Net earnings all departments.......---- 369,660 394,220 408,929 Interest income.......-+ area aaene we 15,298 15,127 13,735 Total ccc cece cece eet ee teenreees 384,958 409,347 422,664 Interest on funded debt...........-. 219,059 236,675 244,605 ay * floating ‘ ....eeeee eee © 1,593 1,858 12,617 TAXES ccc ccs cece cette ete e teen eens 33,981 38,188 46,089 Rentals and miscellaneous........-. 24,525 *9, 364 *545 Other deductions..........--+ esses 10,480 11,471 Net income... -seeeee cert eee ee cee ences 105,800 112,782 107,337 Dividends, pref’d 5 p. c., common 4 p. c. $34,075 74,150 74,150 ULplUS. 2. cece cece eect ener eee eeeee 71,725 38,632 33,187 Arete charged to profit and loss.. 16,912 24,660 Other debits........-cee cence eee eee 14,468 9,367 Credits to profit and loss.........+.-++-+ 1,373 2,324 Total surplus....-.++-eeeeeeees seteeees 192,679 201,304 202,788 Operating expenses Pp. C. of earnings..... 71.8 68.5 64.7 ® Rentals only. + Preferred dividends only. RAILWAY MANUAL 163 STATISTICS OF TRAFFIC. Year ending June 30, IQII. 1gI2. 1913. Revenue passengers carried .......... 5,110,316 5,507,580 5,733,419 Transfers redeemed.................-1,242,188 1,363,091 1,581,691 Passenger car miles run.:...........+ 1,294,217 1,307,393 1,320,082 Car hours, passenger..........0.--005 163,861 168,390 170,601 Total receipts per car mile........... $.202 $.213 $.2207 Operating expenses per car mile...... +155 +154 .150 BALANCE SHEET.—Dated June 30, 1913. ASSETS, LIABILITIES, Cost of electric road & Capital stock.......... $1,683,000 CQUIPs i dis esaois Hae $1,392,187 Funded debt.......... 4,686,000 Fixed capital, other de- Interest accrued....... 58,931 partments........... 4,866,129 Other accrued accounts. 189 Stks. and bds. of other Notes payable........ 564,000 cos. and other perma- Accounts payable...... 78,681 nent investments.... 547,141 Accrued amortization of ASB oe auz ny a euaneesexonmucnoss 14,619 Capital ics cds seemed 80,745 Bills receivable....... 71,050 Casualties reserve..... 17,575 Accounts receivable.... 133,797 Optional reserves...... 6,724 Interest receivable..... 35393 SUPPLUS)c.crcicessacse cc se 2 202,788 Material and supplies.. 72,273 Prepaid accounts...... 10,461 Unam ortized debt, dis. and expenses........ 126,245 Construction work in PIOSTESS ceca secs see 95,560 Other suspense bal- BUCS 0.4 sees kee Paes 32,388 Mota feet 2 bg ia.8 cach $7,365,183 Total jasc see accaivad $7,365,183 TRACK AND EQUIPMENT.—Miles of track (electric) owned 24.86, leased 3.75, operated, 29.001; 77 motor passenger cars, 18 passenger trail cars, 8 service cars. OrrFicers.—Pres. Ray Tompkins, Elmira, N. Y.; V. Pres. S. J. Dill, go Wall St., New York City; Sec. & Treas. C. A. Kolstad; Acting Gen. Mgr. F. H. Hill; Supt. F. G. Maloney; Supt. Elec. Dept. C. M. Bange; Engr. Pwr. Sta. A. C. Jordan; Mast. Mech. J. Creighton; Roadmaster, P. Mantle, Elmira, N. Y. DirecTors.—Ray Tompkins and Jas. B. Rathbone, Elmira, N. Y.; Geo. Bullock, M. J. Dodge and S. J. Dill, 4o Wall St., New York City. GENERAL OFFICE, cor. Lake and Water Sts., power station and repair shops, Elmira, N. Y. ELMIRA & SENECA LAKE TRACTION CO.—Successor, July 1, 1906, to the Elmira & Seneca Lake Ry. Co., chartered June 6, 1896, and extends from Elmira through Horseheads, Pine Valley, Millport, Croton and Montour Falls to Watkins, Watkins Glen, and Seneca Lake. On Apr. 26, 1906, the property was sold at foreclosure sale. Annual meeting first Thursday in June. Controlled by the Elmira Water, Light & Railroad Co. CAPITAL STOCK, authorized and issued, $200,000; par value, $100 per share; all owned by Elmira Water, Light & R. R. Co. FuNDED Dest.—First mortgage 5 p.c. gold coupon bonds, au- thorized, issued and outstanding, $200,000; dated Sept. 1, 1906, due 1926; denom. $1,000; int. payable Mar. 1 and Sept. 1. OPpERATION.—Year ending June 30, IgIl. Igi2. IgI3. Gross revenue from passengers............ $64,880 $65,293 $68,974 co ae from freight................. 1,672 1,933 1,376 ae gate other railway operations..... 1,694 1,492 1,799 GLOSS INCOMES iccins os e035 Se aslaaene BER es 68,246 68,718 72,149 General expenses..........0.e. 00.00 ne 7,100 7,130 5,767 Traffic : OF Ss heey a he OSES NOL ae 412 648 Operation Of cars..............0.00, 8 - “power plant........... 28,635 26,678 23,851 Maintenance of way and buildings..... 2,692 3,895 6,429 oo ‘“ equipment ............ 3,513 3,169 4,764 Operating expenses..... jp capates aCe ais ares, aia ca 41,940 41,284 41,459 Netrevenlles .s0cvatusned foe th eawries ceaudrod 26,306 27, 6 ORME TAN COM CS asic oss Giesteganoatenet seseuer de ove evan : ‘i a a 23 GrOSSHAGOME: 0:. ciaieeie 8 bs haus caosrendet santa ee 27,442 30,608 PHT Sik dca dated eaten eon tateniong 13,618 13,618 14,018 Taxes......... sees weet eee ees 3,701 3,356 3,580 Track and terminal privileges ......... 9,266 8,694 8,405 Other deductions ..................045 1,340 3,805 Netincomes <2 akucatettan aca! guages eis *279 434 883 Surplus from previous year................ 2,908 848 Debits to profit and loss.................. 2,404 1,632 Total Surplusscs nesieies ied eae Doe 8 NAG 848 , 99 P.c. operating expenses to total receipts.... 61.3 60 57.4 *Deficit. 164 McGRAW ELECTRIC RAILWAY MANUAL New York STATISTICS OF TRAFFIC. Year ending June 30, IgIl. IgI2. 1913. Passengers Carneds.. ua ce eotiesicieun oaeee s 499,347 492,431 532,993 Cart miles: WUMsii9 sad sid euaseevec ditions ear ow 315,124 302,886 293,564 Car hours; pasSemger jcicoceeroney es oo ag arene 21,808 21,671 21,272 “4 Wi RO oc a vacates Rie ek sw Ae Re Be “389 Total receipts per car mile ... ...... 2... $.213 8.227 $2452 Operating expenses per carmile........... 133 -136 -I412 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and constr. .$480,800 Capital stock........... $200,000 Prepaid accounts........ 763 Funded debt........... 200,000 Accounts receivable. .... 14,071 Accrued interest....... 3,333 Gash-on: hand. .2c%<05 a5 3,889 Ticket sales accounts... 3,154 Material and supplies ... 131 Bills payable........... go,652 Const. workin progress... 7,237 Accounts payable...... 3,568 Other suspense balances. 850° RESérvesi snc cciecid anaes 6,935 Profit and loss (surplus). 99 WEOUA rac esudeanvaemes tend $507,741 Gta) chasis ceeakeaecemnines $507,741 TRACK AND EQUIPMENT.—Miles of track owned (electric), 16.726 ; miles of track operated, 22.62; 8 motor passenger cars, 2 combination passenger and express motor cars, II service cars. FISHKILL-ON-HUDSON. Population in 1910, 3,902. Fishkill Electric Railway Co.—Chartered in perpetuity in March, 1895. Owns road from Matteawan to Fishkill and leases the road of the Citizens’ R. R., Light & Power Co. from the Hudson River, through Fishkill to base of Mt. Beacon, at a yearly rental of $8,255. CapiraL Stock, authorized and outstanding, $50,000. FunpED Desr.—First mortgage 6 p.c. bonds, authorized and outstanding, $50,000; dated 1895, due 1915; int. payable Jan. and July at First National Bank, Fishkill-on-Hudson, N. Y.; M. E. Cur- tiss, W. J. Conklin, T. S. Judson, trustees. OperRATIoN.—Year ended June 30, 1913. Total operating revenue, $61,754; total operating expenses, $40,522; net operating revenue, $21,232; taxes, $2,700; gross income, $18,532; interest, $3,180; rent, $8,250; depreciation, $3,705; surplus for year, $3,397; total surplus, $17,457. TRACK AND EQuiIpMENT.—Miles of track owned, 4.26; leased, 2.53; total operated, 6.79; 20 cars. OrrFicers.—Pres & Gen. Mgr. J. T. Smith, Beacon, N. Y.; V. Pres. W. J. Conklin, Fishkill, N. Y.; Sec. W. H. Southard; Treas. G. T. Patterson, Gen. Supt. Wm. Duntz, all of Beacon, N. Y. Directors.—J. T. Smith, A. R. Smith, W. T. Weston, H. K. Tompkins, E. S. Whitney, W. H. Southard, Beacon, N. Y.; W. J. Conklin, C. J. Conklin, Fishkill, N.Y.; C. H. Walston, New York City. GENERAL OFFICE, 93 Main St., Beacon, N. Y. GENEVA. Population in 1900, 10,433; in IgI0, 12,446. Geneva, Seneca Falls & Auburn Railroad, Inc.—Incorporated in 1913 as successor by purchase at receiver's sale to the Geneva & Auburn Ry. Co., which was chartered Mar. 18, 1895, under the name of the Geneva, Waterloo, Seneca Falls & Cayuga Lake Traction Co., as a consolidation of the Geneva Surface Ry. Co., the Geneva & Waterloo Ry. Co., the Waterloo, Seneca Falls & Cayuga Lake Ry. and the Seneca Electric Ry. Connects Geneva, Waterloo, Sen- eca Falls, Cayuga and Auburn. Annual meeting second Wednesday in Mar. CAPITAL STOCK.—Common, authorized, $200,000; outstanding, $157,100; par $100. FunpED DesT.—First mortgage 5 p. c. gold coupon bonds, authorized $2,000,000, outstanding $475,000; dated July 1, 1913, due July 1, 1943; denom. $1,000; int. payable Jan. and July 1 at Metro- politan Trust Co., New York, trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 17.85; 17 pas- senger motor cars, 8 service cars. . Orricers.—Pres. R. R. Quay, Farmers Bank Bldg., Pittsburg, Pa.; V. Pres. & Gen. Mgr. W. B. Atwood, Seneca Falls, N. Y.; Sec. L. G. Hoskins, Geneva, N. Y.; Treas. H. H. Harvey, Wilkes-Barre, Pa.; Audr. W. A. Shirley, Seneca Falls, N. Y.; Ch. Engr. George Everill; Mast. Mech. C. D. Skuse, Waterloo, N. Y. Direcrors.—R. R. Quay, Pittsburg, Pa., Chairman; Murray Gibson, Philadelphia, Pa.; Jos. Seep, Oil City, Pa.; L. H.Taylor, H. H. Harvey, J. W. Hollenbeck, Wilkes-Barre, Pa.: R. T. Eastell, Pittsburg, Pa.; L. G. Hoskins, Geneva, N. Y.; W. B. Atwood, Seneca Falls, N. Y. GENERAL OFFICE, Seneca Falls, N. Y.; power station and repair shop, Waterloo, N. Y. GLEN COVE. GLEN COVE RAILROAD CO.—Chartered Dec. 4,1902, to build from Sea Cliff station of the Long Island R. R. to Glen Cove landing, and placed in operation on Nov. 16, 1905. Controlled by the Long Island R. R. Co. through stock ownership. Annual meeting fourth Tuesday in Feb. CAPITAL STOCK, authorized, $50,000; outstanding, $10,000. June 30, OpeRATION.— Year ending Dec. 31, IgIO. IQIl. 1912. Earnings from passengers..... ........005 $26, 100 “ 'S “OtHEr SOUTCESs vo n2 sia sce 33.45 139 Gross inCOME. ... 1... cee eee ee eee eee eee $23,583 $25,397 26,239 Operating expenses. ..........c ee eee een eee 18,952 18,354 19,479 Gross income less operating expenses...... 4,631 7,043 6,760 Deductions from earnings. PAKS iia gore cenew laces Chess anak He eee 1,049 553 493 PS DRI, con ko 0S heehee eed oe deo eS 3,582 6,490 6,267 TP Otal::SWEplais'sedcea iets tos Stee aaaaaconsibie aa autan 8,926 15,416 16,543 P. c. operating expenses to total receipts... . 74.24 TRACK AND EQuiIpMENT.—Miles of track, 3.45 (s.,.ph. catenary sys- tem); 4 passenger motor cars, I service car. OFFIcE, Glen Cove, N. Y. GLENS FALLS. Population in 1900, 12,613; in 1910, 15,243. HUDSON VALLEY RAILWAY CO.—Formed on Aug. 14, Igor, by the consolidation of the Stillwater & Mechanicsville Street Ry. Co., the Greenwich & Schuylerville Electric R. R., the Sara- toga Traction Co., the Saratoga Northern Ry., the Glens Falls, Sandy Hill & Fort Edward Street R. R. Co., and the Warren County Ry. This road carries passengers, freight and express, and connects Albany, Troy, Saratoga, Lake George, Warrensburgh, Mechanicsville, Round Lake, Ballston and Greenwich. On Dec. 20, 1905, the com- pany acquired by purchase the North River Ry. Co., which gives it an entrance into and through Saratoga Springs from the north. In Dec., 1906, the United Traction Co. acquired practically all the stock and a majority of the bonds, and affords the company entrance into Albany and Troy. Annual meeting third Wednesday in July. CapPITAL STocK.—Common, authorized $3,000,000, outstanding 32,992,400; par value, $100 per share; preferred, authorized, $2,500,000; 76 shares are held for exchange of stock of constituent companies. FuNDED DresT.—First consolidated mortgage 5 p. c. gold bonds, authorized $4,000,000, outstanding $2,222,000, in treasury $1,296,000; coupon, but may be registered; dated July 1, rgo1, due July 1, 1951; denom. $1,000; int. payable Jan. and July at Manufacturers’ National Bank, Troy, N.Y. Subject to call at 110 0n any interest date. $1,296,- ooo are pledged to secure collateral trust 5s, and $482,000 reserved to retire underlying bonds. Five p. c. non-cumulative gold debenture bonds ‘‘A,”’ authorized, $700,000, outstanding $474,000; dated July 1, 1906, due Jan. 1, 1951; int. non-cumulative. Two p. c. non-cumulative gold debenture bonds ‘‘B,” authorized and outstanding, $2,500,000; dated July 1, 1906, due Jan. 1, 1951; int. non-cumulative. Glens Falls, Sandy Hill & Ft. Edward Street R. R. Co. second mortgage 6 p. c. gold coupon bonds, outstanding $50,000; dated 1893, due July 1, 1913; denom. $500; int. Jan. and July at Merchants’ National Bank, Glens Falls. Glens Falls, Sandy Hill & Ft. Edward Street R. R. Co. third mortgage 6 p. c. bonds, outstanding $82,000; dated rgor, due Apr. 1, Ig21; int. Apr. and Oct. Subject to call at par. Stillwater & Mechanicsville first mortgage 6 p. c. bonds, out- standing $47,500; dated 1893, due Apr. 1, 1913; int. Apr. and Oct. at Manufacturers’ National Bank. Stillwater & Mechanicsville consolidated mortgage 6 p. c. bonds, outstanding $202,500; dated 1898, due Apr. 1, 1913; int. Apr. and Oct. at Glens Falls Trust Co., Glens Falls, trustee. OPERATION.— Year ending June 30, IQII. 1912. 1913. Revenue from passengers..............$561,712 $576,414 $587,239 te Fa freight OF EXPTESS yy s5 5 11,046 11,562 15,307 4 ‘* light and power......... 69,203 ¥ ‘“ other operating sources.. 40,861 40,650 42,677 Total operating revenue................ 613,619 628,626 714,426 Maintenance of way and structures.. 66,801 78,360 80,472 Maintenance of equipment......... 50,485 49,412 54,813 Traffic EXPENSES... .. 6... ee eee eee. 3,894 3,006 3,416 Transportation expenses........... 212,476 212,623 255,183 General, Expenses’... sxcce ca seenceienrs 59,273 69,057 50,818 Total operating EXPeCNSCSis ees wekecncns 393,019 412,458 444,666 Net operating revenue................. 220,600 216,168 269,760 Taxes.. Bee eee cee 27,510 37,299 30,113 Operating income...................... 192,790 178,869 239,647 Other incomes jv .2 s2st4 meee endaveses 5,774 7.397 3,001 GLOSS INCOME’. sien wa FS sleds aivaencn wees bes 198,56 I Interest on funded deb trsumywwess ss ee Cees ie # ‘“ floating debt........... 63,991 77,269 92,094 REAAIS 5 c5 5, 5 acaeapencnntitaeiee ee cus 15,069 19,911 42,603 SULPIUS fOP Yea tacnse iar gaice ene ea oars *45,453 67,601 32,069 Surplus from previous year............ *519,643 *564,687 *618,128 Profit and loss adjustment............. 409 14, 160 84,464 Total surplus account................. *564,687 *618,128 565.733 Operating expenses, p. c. of earnings.. 64.05 65.61 62.24 * Deficit. New York McGRAW ELECTRIC RAILWAY MANUAL 165 STATISTICS OF TRAFFIC. Year ended June 30, IgII. 1912. 1913. Fare passengers carried.......... 6,438,479 6,615,649 7,063,797 Transfer passengers...........004. 322,754 290,936 267,822 Passenger car miles run.......... 1,865,991 1,970,339 1,972,936 Freight or express car miles run... 10,803 10,438 19,973 Passenger car hours.............. 158,785 159,318 161,694 Freight or express car hours...... 2,602 2,906 3,492 Carseat miles; oii saaccnke 245s 44 84,078,023 86,991,148 86,907,842 Average total revenue per car mile. $.3270 $.3174 $.3585 Operating expenses percar mile... -2094 -2082 .2231 BALANCE SHEET.—Dated June 30, I913. ASSETS, LIABILITIES. Cost of road and equip.$9,591,476 Capital stock......... $2,978,300 Stks. and bds. othercos. 450,961 Funded debt......... 5,678,000 Cas hrcicei es dre an eaends 79,243 Accrued interest...... 35,355 Special deposits....... 5,375 ae TAXES: .cshame *775 Accounts receivable.... 201,165 Bills payable......... 2,050,502 Other assets.......... 78,647 Accounts payable.... 343,648 Material and supplies.. 122,113 Other liabilities....... 11,642 Prepayments .......... 1,959 Profit and loss (deficit). 565,733 Total..... PRESS $11,096,672 Totals cauiacdonmadies $11,096,672 * Debit TRACK AND EQuIPMENT.—Miles of track (electric) owned, 128.61; trackage, 10.67; total, 139.28; 107 motor cars, of which 88 are pas- senger, 7 express and 12 service cars; 7 trail passenger, 3 trail freight cars, 7 snow plows; 2 electric locomotives. Orricers.—Pres. L. F. Loree, 32 Nassau St., New York City; V. Pres. C. S. Sims, Albany, N. Y.; V. Pres. W. H. Williams; Asst. to Pres. W. B. Schofield, New York City; Treas. H. F. Atherton; Sec. & Audr. W.H.Elder, Albany, N.Y.; Gen. Audr. Allen McCarty, Albany, N.Y.; Compt. W.H.Davies,New York City; Gen. Mgr. A.E. Reynolds, Glens Falls, N. Y.; Claim Agt. & Atty. Jas. McPhillips, Glens Falls, N. Y.; Gen. Pur. Agt. J. W. Sprong, Albany, N. Y.; Gen. Fgt. Agt. F. F. Newberry; Traffic Mgr. C. H. Armatage, Albany, N. Y.; Supt. of Lines, Geo. W. Davison; Supts. A. T. Hoyle, Glens Falls, N. Y., and J. Mahoney, Stillwater, N. Y.; Ch. Engr. Geo. H. Burgess, Albany, N. Y.; Mech. Engr. J. F. Uffert, Glens Falls, N. Y.; Resi- dent Engr. N. E. Davis, Glens Falls, N. Y.; Roadmaster, T. Crowley, Glens Falls, N. Y. GENERAL OFFICE, Albany, N. Y.; power stations at Stillwater, Middle Falls, Saratoga, and Warrensburg; sub-stations at Queens- bury, Lake George, Wilton, Round Lake, Thomson and Saratoga; repair shops at Queensbury, Stillwater and Saratoga. GLOVERSVILLE. Population in 1900, 18,349; in 1910, 20,642. Fonda, Johnstown & Gloversville Railroad Co.—Chartered Jan. 17, 1867. Annual meeting third Wednesday in Jan. Thisis a steam railroad operating from Fonda to Northville and Broadalbin, with an electric division from Gloversville (20,642) to Fonda and Gloversville to Schenectady (90,000 estimated), with a branch line, Amsterdam to Hagaman, N. Y., and city linesin Gloversvilleand Amsterdam. Con- solidation effective as of Jan.1,1903, of the Fonda, Johnstown & Glovers- ville R. R. Co., the Cayadutta Electric R. R. Co., and the Amsterdam Street R. R. Co. Company also owns two-thirds interest in the stock and bonds of the Adirondack Lakes Traction Co., and entire capital stock of the Coal Co. of Fulton County, N. Y., and the Edison Electric Light & Power Co. of Amsterdam, N. Y. Operates the Johnstown, Gloversville & Kingsboro Horse R. R. Co. under a 999- year lease, dated Nov., 1893, paying fixed charges and a dividend of 8 p. c. on the capital stock; also operates the Gloversville & Broadal- bin R.R. Co., under a lease dated Aug. 1, 1895, for 999 years, guaran- teeing principal and interest on $30,000 first mortgage 5 p. ¢. gold bonds. CAPITAL STOcK.—Common, authorized and issued, $2,500,000, preferred, authorized $1,000,000, issued $500,000; par $100. Pre- ferred stock is 6 p. v. cumulative, and has priority over common in case of liquidation. DivipEenps.—First dividend on preferred stock paid June 15, 1909, 1% p.c., and at same rate quarterly since to and including Mar., 1914; on common, first dividend 2 p.c. paid July 20, 1910; in 1911, 2 p.c.; in 1912, 2 p.c.; in 19173, Aug. 15, 2p. ¢. FuNpEpD DEst.—First consolidated general refunding mortgage, 4% p. c. gold bonds, authorized $7,000,000, outstanding $5,150,000; in escrow (to retire underlying bonds) $1,850,000; coupon, but may be registered; dated Nov. I, 1902, due Nov. 1, 1952; denom. $1,000; int. payable May and Nov. at New York Trust Co., trustee. Secured on the entire property of the company; first lien on 39.8 miles road from Sulphur Springs Junction, including Amsterdam local line, and lien on balance of road subject to prior mortgages. Consolidated mortgage 6 p.c. coupon bonds, authorized and issued, $200,000; dated Apr. 1, 1881, due Apr. 1, 1921; denom. $100, $500 and $1,000; int. payable Apr. and Oct. at New York Trust Co., New York. First consolidated refunding 4% p. c. mortgage bonds, author- ized $700,000, but closed at $500,000, the outstanding amount; dated July 1, 1897, due July 1, 1947; int. payable Jan. and July at New York Trust Co. of New York City, trustee. Fifty-year general refunding 4 p. c. mortgage gold bonds, author- ized $1,500,000, but closed at $800,000, the outstanding amount; cou- pon, but may be registered; dated July 1, 1900, due July 1, 1950; de- nom. $1,000; int. payable Jan. and July at New York Trust Co., trustee of mortgage. Cayadutta Electric R. R Co.'s first mortgage 6 p.c. gold coupon bonds, authorized and issued, $350,000; coupon, but may be registered; dated Oct. 1, 1892, due Oct. 1, 1922; denom. $1,000; int. payable Apr. and Oct. at Farmers’ Loan & Trust Co., of New York, trustee. Guaranteed principal and interest by Fonda, Johnstown & Glovers- ville R. R. Co. Johnstown, Gloversville & Kingsboro Horse R. R. Co. first mortgage extended 5 p.c. bonds, authorized and outstanding, $50,000; dated Jan. 1, 1893, due Jan. 1, 1919, and extended to Jan. 1, 1933, with interest reduced from 6 p. c. to 5 p. c.; denom. $1,000; int. pay- able Jan. and July at Fulton County National Bank, Gloversville, trustee. Guaranteed principal and interest by Fonda, Johnstown & Gloversville R. R. Co. Gloversville & Broadalbin R. R.’s first mortgage 5 p. c. gold cou- pon bonds, authorized and outstanding, $30,000; dated Aug. 1, 1895, due Aug. 1, 1925; denom. $1,000; int. payable Feb. and Aug. at Farmers’ Loan & Trust Co., New York, trustee. Guaranteed prin- cipal and interest by Fonda, Johnstown & Gloversville R. R. Co. OPERATION.—Year ending June 30, IgII. 1912. 1913. Revenue from passengers.............. $632,344 $635,202 $661,083 sk HS PTET tive eons toate diced 261,180 245,432 276,179 ss BAY MMM ATL 6s save shack evened oan lesiisesca’s 3,151 3,148 3,150 TE PRESS pandas stejenavanerncrn parses 17,553 17,085 18,669 All other income and revenue.......... 32,138 31,300 29,242 Total operating revenue................. 946,366 932,167 988,323 General expensess oo i6.issisiassiemciekis 59,077 57,876 67,380 Transportation expenses............ 246,112 262,234 270,894 Traffic A ph anee Sh $8 a 9 8,099 8,858 9,148 Maintenance of way and structures.. 80,077 76,124 94,299 i “ equipment......... 49,101 53,346 56,365 Total operating expenses............... 442,466 458,438 498,086 Net operating revenue.............6... 503,900 473,729 490,237 Other incom ess pccseected nes hed naed ogee 31,035 32,312 24,575 GYroSs INCOME, «.. 026. bee es eee eens 534,935 506,041 514,812 Interest on bonds.................. 302,404 317,128 319,250 ae “ floating debt. .......... 10,632 1,044 2,326 TAX CS vince sicscgiisceiuc a tiene ORS BES 39,016 40,875 47,863 Rentalsies sass iayale ese ace oxen see 8,600 8,600 8,350 Rent of equipment................- 16,553 13,833 18,156 Other deductions.................. 23,426 22,900 24,766 Net INCOME: oi ocr des aes WAL See aad 6 134,304 101,661 94,101 Divid ends iris sancediaie wisn Sian bite sarees 80,000 80,000 80,000 TO SWUEPUS 05 ss caetearnitte.caiunesgugpansiauarnsvehscde 54,304 21,661 14,101 Profit and loss adjustment, debit........ 30,766 *83,548 Total surplus account................46. 534,369 525,264 455,817 P. vc. operating expenses tototalreceipts. 46.75 49.18 50.40 *$75,984, discount on securities issued (balance of account). STATISTICS OF TRAFFIC—ELECTRIC DIVISION. Year ending June 30, IgII. IgI2. 1913. Passengers carried...............045 5,827,561 6,090,627 6,563,826 Transfer passengers................ 414,806 353,982 340,836 Car miles run (passenger)........... 1,500,084 1,584,128 1,635,193 £6" ots ‘““ (freight, exp.and mail) 37,910 41,926 41,918 Car hours (passenger) Bushy dacisincsaa Ovbeehciobinr 6 144,863 158,158 167,379 et ‘« (freight, express and mail). 6,145 6,932 7,090 Car séat miles cic coset ei wae 75,544,866 78,083,134: 79,311,373 Average revenue per car mile ....... $.38 $.35 $.36 Operating expenses ‘‘ OF ae a At tng -19 Ig .20 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip....$9,723,985 Capital stock.......... $3,000,000 Stocks of othercos.... 223,049 Funded debt........... 7,000,000 Bonds “ ‘ “ .... 39,325 Accrued interest....... 74,125 Other perm.investments 311,048 Other accrued accounts 53,075 Adv.tosystemcorp’ns.. 272,593 Bills payable.......... 65,000 GalSH ssiscas dirsceee.geisae a cese wens 30,716 Accounts payable...... 100,137 Bills receivable........ 23,350 Deferred credit items.. 12,669 Accounts receivable... 33,427 Other liabilities........ 1,148 Material and supplies. . 78,275 Profitandloss(surplus) 455,817 Prepaid accounts...... 3,279 Deferred debititems... 22,924 ALO Gal intone ees tyre nds $10,761,971 POtal je oahe aneaees $10,761,971 TRACK AND EquipMenT.—Length of entire line, 88.26 miles: owned 76.04 miles; leased 10.23 miles; second track 22.31 miles; trackage rights 1.99 miles; total track (41 miles steam, 82 electric), 123 miles: electric division, 43 double and 16 single truck passenger motor cars. 2 motor express cars, 2 combination cars, 21 service cars, 4 snow plows, 2 sweepers, 1 electric locomotive, 1 sprinkler car; steam division, 23 passenger cars, 2 baggage, mail and express cars, 10 freight cars, 3 others, 7 steam locomotives. , 166 McGRAW ELECTRIC RAILWAY MANUAL New York OFFICERS.—Pres. J. Ledlie Hees, Gloversville, N. Y.; Sec. Frank Burton; Treas. L. K. Brown, Gloversville, N. Y.; Gen. Audr. Geo. A. Harris, Gloversville, N. Y.; Gen. Mgr. W. H. Collins, Glov- ersville, N.Y.; Supt. Amsterdam Division, J. G. Nellis, Amsterdam, N. Y.; Supt. Cayadutta Division, C. Banker, Gloversville, N. Y.; Supt. Steam Division, W. H. Dailey, Gloversville, N. Y.; Pur. Agt. L, A. Hall, Gloversville, N. Y.; Gen. Fgt. Agt. M. F. Button; Ch. Engr. F. A. Bagg, Gloversville, N. Y.; Supv. of Track, T. Ryan, Gloversville, N. Y.; Ch. Engr. Power Station, C. L. Gates, Tribes Hill, N. Y.; Claim Agt. Wm. H. Hyland; Gen. Passenger Agt. Robert M. Colt; Mast. Mech. Judson Zimmer, Gloversville, N. Y.; Park Mgr. F. W. Wilson, Gloversville, N. Y. Directors.—J. Ledlie Hees, Frank Burton, Z. B. Whitney, A. J. Zimmer, all of Gloversville, N. ¥.; John G. Ferres and James P. Argersinger, Johnstown, N. Y.; William Harris, Northville, N.Y.; J. S. Friedman, Albany, N. Y.; Gustav Levor, New York City; R.T. McKeever, Boston, Mass.; John Barnes, Amsterdam, N. Y.; H. C. Harnickell, New York City. GENERAL OFFICE, Gloversville, N. Y.; power station, Tribes Hill, N. Y.; repair shops, Gloversville and Amsterdam. THE ADIRONDACK LAKES TRACTION CO.—Chartered and acquired the Mountain Lake Electric Railroad Co. on May 23, 1903. Extends from Gloversville to Mountain Lake. The Fonda, Johnstown & Gloversville R. R. Co. owns two-thirds interest in the stock and bonds. Annual meeting third Monday in Jan. CaPITAL STOCK, authorized and issued $60,000; par $100. Funpep Dest.—Mountain Lake Electric Railroad Co.’s first mortgage 5 p.c. bonds, authorized $100,000, issued $94,000; dated June 1, 1900, due June 1, 1930; int. payable Jan. and July. OPERATION.—Year ended June 30, 1913. Total operating revenue, $8,133; total operating expenses, $8,959; net operating deficit, $826; taxes, $641; interest, $5,345; deficit for year, $6,812; total deficit. $57,754- TRACK AND EQUIPMENT.—Miles of track (electric), 4.62; 4 motor Cars, I work car. GENERAL OFFICE, Gloversville, N. Y. HOOSICK FALLS. Population in 1900, 5,671; in IgI0, 5,532. THE HOOSICK FALLS RAILROAD CO.—Incorporated May 17, I910, to acquire the portion of the property and franchises of the Bennington & North Adams Street Railway Co. located within the State of New York. The New York, New Haven & Hartford R. R. Co. has been authorized to hold the stock of this company. The entire stock is deposited as collateral with the Old Colony Trust Co., Boston, Mass., as trustee under a 20-year mortgage dated Feb. 1, 1gt1, of The Vermont Co. Under a lease effective Feb. 1, rg11, the Berkshire Street Ry. Co. acquired the property of the Vermont Co. and now operatesthatcompany. On Feb. 1, 1913, leased all property to the Vermont Co. for 99 years, but by agreement with the Ver- mont Co. the Berkshire Street Ry. Co. operates the property, having commenced on Feb. I, 1913. CaPITAL STOCK, authorized and issued $100,000. * OPERATION, 7 months ended Feb. 1, 1913.—Gross revenue, $16,344; Operating expenses, $14,883; balance, $1,461; taxes, $938; non-operating income, $1,525; gross income, $2,048; interest, $1,589; surplus, $459. * Independent operation ceased Feb. 1, 1913; subsequent to that date all operations included with Berkshire Street Ry. Co., Pittsfield, Mass. TRACK AND EQUIPMENT.—Length of all tracks, 7.53 miles; passenger motor cars, I passenger trail car, 4 service cars. OrFIcE, Main St.. Hoosick Falls, N. Y. 10 HORNELL. Population in rgIo, 13,617. Hornell Traction Co.—Consolidation in Oct., 1909, of the Hornell Electric Ry. Co., Hornellsville & Canisteo Ry. and Canisteo Valley Electric Ry. Co. Annual meeting in Jan. CapiraL Stock, authorized and outstanding, $120,000. DIVIDENDS.—In 1913, 4 p. c. Funpep Depr.—Hornellsville & Canisteo Ry.Co.’s first mortgage 4 p. c. gold coupon bonds, authorized and outstanding, $80,000; dated Oct., 1898, due Oct., 1918; int. payable Apr. and Oct. at First National Bank, Hornell, N. Y.; Charles Adsit, trustee. : Hornell Electric Ry. Co.'s first mortgage 4 p. v. bonds, authorized and outstanding, $70,000; dated July 1, 1898, due July 1, payable Jan. and July at First National Bank, Hornell, N.Y., Charles Adsit, trustee. OPERATION.—Year ending June 30, 1913. é enue, $60,482; total operating expenses, $43,580; net operating revenue, $16,902; taxes, $2,503; gross income, $14,399; interest, $6,000; net di- visible income, $8,399; dividends, $4,800; total surplus, $17,243. Track AND EourrMEnT.—Miles of track, 9.25; I4 passenger motor cars, 6 trail passenger cars, 2 service cars. 1918; int.’ Total operating rev- |: Orricers.—Pres. Chas. Adsit; V. Pres. J. B. Day; Sec. H. A. Bull; Treas. W. H. Walbridge; Audr. E. V. Donnelly; Gen. Mgr. & Pur. Agt. D. A. Proctor; Mast. Mech. M. J. Gordon. GENERAL OFFICE AND REPAIR SHopS, Hornell, N. Y. HUDSON. Population in 1900, 9,528; in IgI0, II,417. Albany Southern Railroad Co.—Incorporated in New York Sept. 14, 1909, as successor of the Albany & Hudson R. R. Co. by re- organization, and of the Albany & Greenbush Bridge Co. by merger. It operates an interurban line from Hudson to Rensselaer and Albany. In Feb., 1900, right to operate into Albany over tracks of the United Traction Co. was obtained. Also owns the highway toll bridge over the Hudson River at Albany. Furnishes lighting in Rensselaer, Hudson and intermediate villages. Annual meeting second Monday in Sept. CaPITAL STockK.—Common, authorized and issued, $1,375,000; preferred, 5 p. c. non-cumulative, authorized $2,100,000, issued $2,- 029,000; par $100. DivipENDs.—On preferred stock, first 1% p.c. Feb. 1, 1911; Aug. 1, 4% p.v.; none since to Jan., 1914. FunpEep Dest.—First mortgage 5 p. c. sinking fund gold bonds, authorized $1,500,000, outstanding $1,302,000; coupon, but may be registered; dated Sept. 1, 1909, due Sept. 1, 1939; denom. $1,000; int. payable Mar. 1 and Sept. 1; Bankers’ Trust Co., New York, trustee. Sinking fund of 1% p. c. of bonds authorized from 1917 to 1922; 1922 to 1929, 2 p. c.; 1929 to 1939, 3 p. ce. Subject to call as a whole at 106 and interest on any interest day. OPpERATION.— Year ending June 30, 1gI2. 1913. Passenger revenues: ei.cc unt mocksiadumdesan atend $187,443 $197,540 Freight fey poy Yearatooie cient lace tenia tt usenbok yi aelaanctsti 44,68 49,152 Park and resort revenue................5 12,846 12,680 Other railway suchen ahs dteedua oeetanle ter agg toes 12,559 13,988 Total railway operation revenue................ 257,536 273,360 Maintenance of way and structures......... 36,239 27,931 % ‘S@QUIPMEN sac veseen ee 8 ees 23,566 20,882 Trathic expensesies csracccparnu caus. sea x 16,854 18,916 Conducting transportation. ................ 92,410 91,306 General expenses. ........ 0... cece eee eeee = 47,969 40,605 Total operating expenseS...............0..000. 217,035 199,640 Net revenue, R. R. operation...............008. 40,498 73,720 OUHeT TNCOM EC aeeaiuiie a sips stareoncstiusieaontre tars eve oes 84,662 125,147 Total operating income...............-..2..00. 125,160 198,867 Non-operating Fe ae Se gel sana la fs ia ic Gre Hite Se 1,459 2,308 GLOSS: TACO LNG. 55 vastisct nvalaus cofenntenacanntscatesen ata garSia Soom 126,619 201,175 PAROS oon 62 io dintat in enlace asians a mgd the bene 12,600 42,600 INTERES tiie occctstestut dea ewan aveie MURAD ORS EER ES 65,112 65,119 Track and terminal privileges.............. 5,505 5,624 Hire of equipment) ¢:.c4 isasaexann aces oo ec5 4,356 5,765 Rentals scuewaciientatseiiend etal ean 9,302 8,981 Amortization debt, discount and expenses.. 8,056 8,056 Total deductions sss 4 se4% 145 864 Sivbaseue agave ec 104,931 136,145 Net corporate income... ............00005 eS aad 21,688 65,030 Biv Crd Sb cote we ah ee a sae Man T don hei agarnee eer 10,145 SUED HSS elena 2 2 os caytesahen cis at yareaece Mee oawan eae 11,543 Operate Tat Owae-in 5 ne.sea noc sihen ancehariitcinesd 84.28 73.1 STATISTICS OF TRAFFIC. Year ending June 30. IgI2. 1913. Passen Per fares. jc jictd .iiwa Svea gictition wbaivenste 1,544,354 1,671,240 FreGepassen ers pss cetscetoss's a ausierstansnierovescthere cseks 104,775 IOI, 140 Rassenger:car ROUrSi. 22 see cic'g ert ins 4 Reascne waseele 54,012 56,845 Freight car hours (train)..................... 4,648 4,656 Passenger car miles\s 060336 44 netted dqcen aan 735,146 751,997 Freight:train: miless ers 23.ceccicecnacteont Goncaeins 26,569 30,008 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip.$4,576,130 Capital stock.......... $3,404,000 Cash beeen eee 33,935 Funded debt.......... I,302,000 Accounts receivable sit 28,575 Accrued interest....... 21,700 Material and supplies. . 55,015 Accrued taxes......... 24,018 Prepayments... sheen 2,784 Accounts payable...... 25,597 - Unamort. debt, dis. an Reserves). vice case ia vis 20,529 EXPENSES: s2.5 e.g. ceiacens 179,649 Other liabilities........ 6,882 Other assetSicasccicis cece 56,577 Surplus............... 127,939 Total................84,932,665 Total's. 3sc.04¢ iaealdas $4,932,665 TRACK AND EquipmMent.—Length of line, 37.1 miles; miles of track (3rd_rail electric), 54.22; trackage, 1.1; total, 60.9; 28 passenger motor cars, 3 combination passenger and express motor cars, 3 freight motor cars, 3 freight trail cars, 3 electric locomotives, 2 snow plows, 6 work cars. New York McGRAW ELECTRIC RAILWAY MANUAL 167 OrFicers.—Pres. R. A. C. Smith, roo Broadway, New York City; st V. Pres. Randall J. Le Boeuf, Albany Trust Bldg., Albany, N. Y.; 2d V. Pres. Wm. Loeb, Jr., 165 Broadway, New York City; Sec. & Treas. I. W. Day, too Broadway, New York City; Audr. A. L. Linn, Albany, N. Y.; Gen. Mgr. James E. Hewes, Albany, N. Y.; Asst. Gen. Mgr. W. S. Townsend, Albany, N. Y.; Gen. Fgt. & Pass. Agt. C. E. Holmes, Albany, N. Y.; Gen. Mech. & Elec. Supt. R. P. Leavitt, Hudson, N.Y.; Ch. Engr. Pwr. Sta. T. H. Ceperley, Stuy- vesant Falls, N. Y.; Mast. Mech. George Osburn, Albany, N. Y. Drrecrors.—Clinton L. Rossiter, Brooklyn, N. Y.; Frederick Strauss, W. R. Cross, V. E. Macy, Richard Sutro, M. J. Warner, Wm. F. Sheehan, R. A. C. Smith, Wm. Loeb, Jr., New York City. GENERAL OFFICE AND REPAIR SHops, Rensselaer, N. Y.; power plant, Stuyvesant Falls, N. Y. HUNTINGTON. Population in 1900, 7,689; in 1910, 9,908. HUNTINGTON RAILROAD CO.—Chartered May, 1890. Ex- tends from the Long Island R. R. station to Huntington Harbor and Amityville; the Amityville extension was placed in operation Aug. 25, 1909. Annual meeting second Wednesday in July. The Long Island R. R. Co. assumed control on Mar. 5, 1898, and later turned it over to the Long Island Consolidated Electrical Companies. CAPITAL STOCK, authorized and issued $30,000; par $10. FunpDED Derst.—First mortgage 5 p.c. bonds, authorized $30,000, issued and outstanding $26,000; coupon, but may be registered; dated June 2, 1890, due June 1, 1920; denom. $500; int. payable June and Dec. at United States Mortgage & Trust Co., New York City, trustee. ;— June 30-—, OpgeRATION.—Year ending Dec. 31, IQII« Igi2. Ig13. Gross revenue from passengers......... $48,876 $48,986 er ‘* other railway oper.. 2,642 2,313 LATORS WICOING ou 5.c0 bhiw oe bye Se aR E OE SERN S 49,449 51,518 51,299 General expenses..........0.. 000 e ee 11,559 2,192 Trafic expenses wiccscasent seexe ees 52 152 Conducting transportation............ 23,997 24,468 Maintenance of way and structures... 11,758 12,015 e ‘‘ equipment........... 8,231 8,411 Operating expenses...........----e eens 45,692 55,597 47,238 Gross income less operating expenses..... 3,757 *4,079 4,061 Interest on funded debt.............. 1,300 I,300 I,300 WARES 3s racizie chasertans cred heats ote: iach atone hal ooslays 3,765 5,295 2,416 Hire of equipment and miscellaneous. 50 50 50 NetineOmé:2.4 4 ccneiidiatna er alea anne *7,358 *10,724 295 Debits to profit and loss.............--++: 547 547 Total surplus account........-..-.-+++++- *5,567 *17,880 *17,585. P. c. operating expenses to total receipts.. 107.92 92.08 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IgIo. IgI2. IgI3. Passengers carried..........-.++-++ 806,166 988,126 989,088 Passengercar milesrun............. 196,633 230,132 235,750 Freight ne HO Dereiad pate wuniate 3,666 5,035 4,556 Car hours, passenger......----+++ + 28,386 21,844 22,061 Carseat Mmile$un. nab dead en et 4o4 «.-9,209,826 12,014,067 13,039,298 Gross receipts per car mile......... $.232 $.2183 $.2127 Operating expenses per car mile.... +215 +2364 1966 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip- Capital stock............ $ 30,000 THEN Es hiradi ste eisraleee Oise $575,859 Funded debt............ 26,000 Current ASSEUSs 5.200526 5,205 Int.on accrued fund. debt 108 Profit and loss (deficit)... 17,585 Taxes accrued........... 1,424 Accts. owing sys. corp’ns. 518,598 Res., rep. and renewals... 22,519 Potalivaccmss wacnass $598,649 Rotal-sorsewivseavee eed was $598,649 TRACK AND EQuIPMENT.—Miles of track (electric), 19.97; 12 pas- senger motor cars, I passenger trail car, I baggage motor car, IL baggage trail car, 3 service cars. GENERAL OFFICE, Huntington, N. Y. ITHACA. Population in 1900, 13,136; in Igto, 14,802. Ithaca Traction Corporation.—Incorporated in 1914, and is successor to the Ithaca Street Ry. Co., which was chartered in Nov., 1884, and sold under foreclosure. Franchise granted in 1907 for 99 years. i The plan of reorganization, amended March 30, I914, provides for the formation of a railroad company to acquire the property of the New York, Auburn & Lansing R. R. sold under foreclosure and ofa street railway company to acquire the properties of the Ithaca Street Ry. Co., sold under foreclosure, including the properties of the Cayuga Lake Electric Ry. Co. and the Ithaca & Cayuga Heights Ry. Co., subject to underlying mortgages. The railroad company is to acquire the entire amounts of capital stock and first refunding mort- gage bonds of the street railway company, to be issued presently under the plan. Of the $2,000,000 authorized issue of first refunding mort- gage 5 p. c. gold bonds of the street railway company, secured by first mortgage upon the street railway properties acquired under fore- closure subject to $275,000 underlying bonds, $488,000 will be acquired by the railroad company. Of the $1,000,000 authorized issue of stock of the street railway, the railroad company will acquire $400,000, the amount to be issued. The railroad company will issue : Preferred stock, $725.000. Each depositor receives $500 pre- ferred stock for each $1,000 deposited New York, Auburn & Lansing R.R. first mortgage bonds, and the same amount for each $1,000 de- posited Ithaca Street Railway first consolidated mortgage bonds. Pre- ferred dividends are cumulative during the second year from issue at 3 p.c.; third year at 4 p. c.; fourth year 5 p. c.; fifth year 6 p. c., and sixth year and each year thereafter, 7 p.c. The preferred stock shall further be entitled in each of the second, third, fourth and fifth years to receive all dividends in excess of such cumulative dividends which may be paid upon the capital stock upto 7 p.c., and no dividends shall be payable upon the common stock in any year unless there shall have been paid in such year to holders of the preferred stock dividends of 7 p. c. for the year and all accumulated dividends. The balance of the profits declarable as dividends may be distributed in any year among holders of the common stock to the extent of 7 p.c.,and in any year after there shall have been declared 7 p. c. upon the common stock, the preferred stock shall share proportionately with the common stock in all dividends declared in such year. Holders of the preferred stock have no voting power, except when dividends are in arrears. Preferred stock is subject to redemption in whole or in part upon any dividend payment date at 150 and dividend. First and collateral trust mortgage 5 p.c. gold bonds, author- ized issue $4,000,000, of which $1,000,000 shall be sold at not less than 80 to provide for acquisition of the properties, payment of receivers’ certificates, receivership and foreclosure expenses, etc.; any bonds not required for these purposes shall be delivered to the railroad company for general corporate purposes; $310,000 shall be reserved for exchange, purchase or retirement of underlying street railway bonds; the remainder shall be issued from time to time for future corporate purposes. Common stock authorized issue $1,275,000, of which $375,000 shall be delivered to the committee and used in aid of the sale of the $1,000,000 bonds and for expenses of reorganization, commissions and the acquisition by the railroad company of other properties, the ac- quisition whereof is contemplated by this plan, or otherwise for such purposes as the committee in its sole discretion may deem advisable in carrying out this plan. CaPITAL STOCK, authorized $1,000,000, and issued $400,000; par $100. ; FunpeD Dest.—Ithaca Street Ry. Co. first mortgage 6 p. c. coupon bonds, authorized and issued, $175,000; dated July 1, 1892, due July 1, 1922; denom. $1,000; int. Jan. and July at Farmers’ Loan & Trust Co., of New York, trustee. Ithaca Street Ry. Co. second mortgage 6 p. c. coupon bonds, authorized and issued, $75,000; dated Jan. 2, 1894, due June 2, 1922; denom. $1,000; int. payable Jan. and July at First National Bank, Ithaca, N. Y.; Alfred Hand and E. L. Fuller, trustees. Cayuga Lake Electric Ry. Co. first mortgage 6 p. c. coupon bonds, authorized and issued $25,000; dated June 1, 1894, due June 1, 1922; denom. $1,000; int. payable June and Dec. at Ithaca Trust Co.; Alfred Hand and E. L. Fuller, trustees; guaranteed prin- cipal and interest. OperaTIon.— Year ended June 30, 1913. Total operating revenue, $123,390; total operating expenses, $88,836; net operating revenue, $34,554; taxes, $6,380; net electric railway revenue, $28,174; sale of power, $31,368; cost of power sold, $22,616; net power revenue, $8,753; operating income, $36,927; interest, etc., $20,415; net income, $16,512; general amortization, $6,445; surplus for year, $10,067. TRACK AND EQUIPMENT.—Miles of track (electric), 9.56; 3 double truck passenger motor, 18 single truck passenger motor and 2 pas- senger trail cars, 2 of which are of the pay-as-you-enter type and the balance of the pay-within type; 1 baggage motor car, 1 bag- gage trail car, r service car. . OrFicers.—Pres. R. B. Williams, Jr.; 1st V. Pres. H. W. Fitz; and V. Pres. Chas. E. Hotchkiss; 3rd V. Pres. & Sec. H. A. Clarke: Treas. T. P. Clancy. y GENERAL OFFICE, Iog North Tioga St., Ithaca, N. Y.; repair shops, East State St., Ithaca, N. Y.; power station, Remington, N. Y. JAMAICA. LONG ISLAND ELECTRIC RAILWAY CO.—Chartered Mar. 13, 1897, as the New York & North Shore Railroad Co., which was consolidated on Oct. 11, 1899, with the old Long Island Electric Ry. Co. On May 7, 1902, the part between Jamaica and Flushing was sold under foreclosure to E. Clarence Miller, who, on May 22, 1902, sold it to the Queens Railway Co., which on June 1, 1902, was merged 168 McGRAW ELECTRIC RAILWAY MANUAL New York with the New York & Queens County Ry. Co. The lines of the Long OPERATION.—Year ending June 30, _—‘IgI0. IgI2. IgI3. Island Electric Ry. Co. extend from Brooklyn to Jamaica, Queens and | Revenue from passengers. ........2645. $182,616 $200,831 $182,108 Far Rockaway. Controlled by the Interborough Rapid Transit Co. “ “ rent of tracks........... 16,629 and the Long Island Consolidated Electrical Cos. Annual meeting “ “ sale of power........... 3,081 third Wednesday in July. “ ‘« other railway operations. 417,531 24,246 56,962 CaPiTAL STocK, authorized and issued, $600,000; par $100. Total operating revenue................ 219,524 225,077 239,070 General. expenses: 2: s4 oie lagers c yn 12,482 32,594 36,629 FunpEp Dest.—Long Island Electric Ry. Co.'s first mortgage 5 Traffic expenseS......... 00.000 bhai 2,950 800 perc: gold bonds, authorized and issued, $600,000; coupon, but may Transportation expenses........... 85,080 106,314 121,345 be registered; dated June 1, 1895, due June 1, 1925; denom. $1,000; Maintenance of way and buildings... 19,179 19,817 36,570 int. payable June and Dec. at Hamilton Trust Co., of Brooklyn, « “« equipment.......... 15,677 30,395 36,570 N. Y., trustee of mortgage. Total operating expenses.............. 132,418 192,070 231,914 OPERATION.—Year ending June 30, git. Igi2. T1913. | Net operating revenue...........--..-- 87,106 33,007 7,156 Gross revenue from passengers........ $192,957 $192,512 $204,233 | Otherincome...........-.e cece eee eee 14,259 13,052 a ‘“ other oper. sources 21,110 20,830 29,655, | Total net revenue... 5 .c.s.sauneexeacus « 47,266 20,208 GrOSSUINCOMES si.isaceie a geass a iosescc crscereiatniaces 214,067 213,342 233,888 TAR ES ieineae Sah tec oe bs be G84 SESS se 9,317 12,062 9,463 Generalexpenses...............4.. 19,837 18,607 29,798 THtETESUS ct isiet. 289508 Gee ee ee aes s 91,473 67,834 78,632 Operation of cars.................. 55,975 Other deductions.................. 20,019 13,352 Hired: power: sccomesionneeenacne ak 105,670 110,671 Se OSS Operation power plant............ 44,034 NGGINCOME i abeiau. gard wide. g aietnetgetoneies *13,684 52,649 *81,239 Maintenance of way and structures. 23,274 23,448 8.o8r | Surplus from previous year... ......... *4,031 = ‘“ equipment.......... 34,911 36,075 { 239) Total surplus account.............06-- 134,864 *4,031 *85,270 Operating expenses.................0.. 178,031 183,800 199,450 | P. c. operating expenses to total receipts. 61.0 85.33 Gross income less operating expenses... 36,036 29,542 34,438 *Deficit. +Includes $14,020 interest. Other income and revenue.............. 456 451 325 STATISTICS OF TRAFFIC. Ota ise oitssacaioaelseaeuln Danse cuainnndaniaaies 36,492 29,993 34,763 Year ending June 30, Igro. TQI2. 1913. Interest on bonds...............02. 30,000 30,000 34,000 | Revenue passengers carried..... 3,752,126 4,171,843 4,980,276 Interest on floating debt............ 128 4,886 | Transfer at Boe eeeyans 1,196,530 I,253,007 1,150,279 TAXES: iiicsa cueing ve Ri nee eRe 10,592 10,471 10,855 | Passenger car miles run........ 780,858 873,034 gog,866 Reentalsic ee ctteasceututes., eos e ala caer 3,913 4,042 4,530 | Fgt. or exp. car miles run...... 6,898 Hire of equipments cscs suc codecs & 252 Cars hours, passenger...... ... 106,252 114,194 114,764 Lae nara ms me express, freight, etc.. 2.248 3,129 . Cariseat milesivs sicceranneataaiotien » 31,683,850 33,187,96 33,543,004 . Deficits: ecs.sedeme eee Gace clade cent 8,265 14,648 15,508 zi ; Surplus from previous year...:......... 224,123 215,858 143,963 pote receipts per-ear mile... ‘ile we $.26 Profit and loss adjustment............ ° 57,247 16,428 Petaling expenses; per'carmile 7 25 — ne 30, 1913. POtalsurplusyis nc ceisicesduhssn idan kt hams 215,858 143,963 II2,027 Hee Ne Semi Dated Janko; 20Es ‘GaeaES P. c. operating expenses to earnings.... 83.16 86.15 85.28 ASSETS: ‘ 3 Cost of road and equip. . .$949,786 Sal stock............$250,000 : Sash ea cies dedi Bie So dusvatone ete 156 Funded debt..... Misia tres 300,000 SEMTIS TICS OR MPRAEEICS Bills receivable.......... 1,509 Bills payable............ 266,805 Year ending June 30, IOIl. 1912. 1913. | Accounts receivable..... 564,952 Accounts payable........ 792,181 : Material and supplies.... 11,654 Accrued amortization of Revenue passengers carried...... 3,837,468 3,826,087 4,084,666 | Construction work....... 57,980 Capital cccamee wen cutee 62,321 Transfer oe . EY "aie ed ae, 196,332 198,238 206,091 | Profit and loss (deficit)... 85,270 Passenger car miles run......... 985,146 901,863 893,650 Reena Freight and express car mileage. 16,772 19,226 285558 Total nsec deanna $1,671,307. Total.............., $1,671,307 Passenger car hours............. 87,811 87,891 86,594 Ry Car seat miles................... 37,361,633 36,840,806 36,749,937 TRACK AND EQUIPMENT.—Miles of track (electric), 26.545; 45 motor Total receipts per car mile..... a $.239 $.237 $.262 passenger cars, 5 motor cars, § service cars. S per car mile Pa .20 22 A rene eh rae a # : Orricers.—Pres. A. N. Broadhead; V. Pres. Wm. Broadhead; Sec. & Treas. S. B. Broadhead; Gen. Mgr. & Pur. Agt. Geo. E. Maltby; BACANCE SHEET Rated fane.26) 1073 Audr. F. H. Kibling; Supt. A. A. Harvey; Asst. Saph Lid, Hilts ASSETS. LIABILITIES. Mast. Mech. Gaylord Price; Ch. Engr. of Power Station, Ira A. Coat of road audiequip..O1,590;640 Capital stock. . occ... $600,006 Douglass; Elecn. Frank Miller; Track Foreman, Axel Westergreen. Gas heiyo ren Seuss eats 21,503 Funded debt.......... 600,000 DirectTors.—A. N. Broadhead, O. E. Jones, F. E. Gifford, W. S. Other current assets... 5,538 Taxes accrued......... 1,669 | Cameron, S. B. Broadhead, R. N. Marvin, Wm. Broadhead, L. B. Material and supplies. . 12,209 Unmat'd int., rents, divs 2,500 | Warner, all of Jamestown, N. Y. Prepaid accounts...... 3,446 Other current liabilities. 263,653 GENERAL OFFIcE, Jamestown, N. Y Reserves .....0...005. 3,487 : Are Profitandloss(surplus) 112,027 TOL ls ivsjasactactea dees eie $1,583,336 otal wvcwaeve watever $1,583,336 TRACK AND EQUIPMENT.—Miles of track (electric), 26.56; 37 passenger cars, 3 service cars, 3 sweepers, I line car and 1 sprinkler. Orricers.—Pres. C.L. Addison, Pennsylvania Station, New York City; V. Pres., Gen. Mgr. & Pur. Agt. W. O. Wood, Long Island City, N. Y.; Sec. & Treas. Frank E. Haff; Gen. Audr. A. B. Bierck, New York City; Audr. Miss I. M. Tritt, Long Island City; Supt. J. M. Stoddard, Jamaica, L. I.; Claim Agt. A. J. Eaton, Long Island City, N. Y. Direcrors.—August Belmont, A. L. Langdon, H. H. Vreeland, Theo. P. Shonts, Edward J. Berwind, C. L. Addison, all of New York City; W. O. Wood, Long Island City, N. Y.; J. A. McCrea, R. Peters, New York City. GENERAL OFFicE, Long Island City; repair shops, Jamaica, L, I. JAMESTOWN. Population in 1900, 22,892; in 1910, 31,297. The Jamestown Street Railway Co.—Chartered by the State Oct. 18, 1883, for 99 years. Annual meeting third Monday in Oct. CAPITAL STock, authorized and outstanding, $250,000; par $50. FuNDED DesT.—First mortgage 6 p. c. gold bonds, authorized and issued, $300,000; coupon, but may be registered; dated Jan. 23, 1893, due Jan. 2, 1923; denom. $1,000; int. payable Jan. and July at Guaranty Trust Co., New York, trustee. Chautauqua Traction Co.—Chartered March 7, 1903, and con- nects Lakewood, Mayville andWestfield, N. Y., with a branch to Bar- celona. Connects with the Jamestown Street Railway Co. at Lake- wood, and is controlled by the same interests that control the James- town Street Ry. Co. Annual meeting second Monday in Oct. CAPITAL Srock, authorized and outstanding, $500,000; par $100. Funpep Dest.—First mortgage, 5 p.c. gold coupon collateral trust bonds, authorized $600,000, outstanding $159,000; reserved for extensions $100,000; dated Apr. 1, 1904, due Apr. I, 1934; int. pay- able Apr. and Oct. at Title Guarantee & Trust Co., New York, trustee. OPERATION.—Year ending June 30, _rgro. Igi2. 1913. Revenue from passengers............ $144,422 $158,653 $153,129 of EE SABEI GIG cosets 02s sales ho are II, 233 as 8 SCXPTESSs a ceraareion cca 6,728 207° 19,875 ae ‘* other oper. sources.... 3,379 603 5,336 GrossMincOMe ice cacwemenns oo oe weet decane 165,762 181,232 178,340 General expenses................ 22,036 31,523 33,969 Operation of cars............... 29,972 ry a ““ power plant........ oe 48,243 46,258 Traffic expenses..............0., 1,065 773 Maintenance of way & structures. 15,614 16,744 16,853 j oe equipmentisas cess 17,930 13,396 23,596 Operating expenses..............04. 96,271 II10,97I 121,449 Net operating revenue............., 69,491 70,261 56,891 Outside operations.................. 1,598 3,132 Total net revenue...............0..8 71,859 60,023 New York McGRAW ELECTRIC RAILWAY MANUAL 169 IQIo. IgI2. 1913. OPERATION.— Year ending June 30, IgiI. Igi2. 1913. Interest on funded debt.......... $7,950 $7,950 $7,950 | Revenue from passengers. .............$82,237. $90,717 $98,569 floating debt....... 55,313 58,504 49,880 " ‘* freight and express....... 10,221 13,835 14,126 DAK ES Gia tiracsianccre ase. vant wabopeiota aac 7,337 8,190 7,922 “ ‘* other operating sources... 3,753 1,021 1,055 Rentals... 0... 0... eee eee eee 15,183 20,486 | Total operating revenue.................. 96,211 105,573 113,750 Other deductions ............... 9,201 General ‘expensesinica sas scx. eacem ata. 10,868 9,436 Operation of Cars........... cee eee 13,509 38,944 22,051 Net income....... eet *T, 10 *27,16 *26 . OWE PIRI xs meee aus Oe 1709 109 204205 Maintenance of way and structures.. £&,525 11,820 7,570 . a {EGU pMENL. « ..csncee: 10,565 8,356 4,249 Surplus from: previous year.......... 41,986 14,817. | Total operating expenses................ 50,655 59,120 43,306 Total surplus account............... 65,944 14,817 *11,398 P. c, oper. exp. to total receipts....... 58.07 61.23 60.84 | Net operating revenue ............. cc ee 45,556 46,453 70,444 * Deficit. Interest on funded debt............. 21,000 21,000 21,000 i “* floating debt............. 224 2,148 809 STATISTICS OF TRAFFIC. aes syaindinnnceitaten eguns were Se 3,763 45379 4,392 ; Ontal Sse: s cpa. gatas mene eaten 2 a a 7,744 Year ending June 30, IgIo. IgI2. 1913. - Miscellaneous deductions........... 1,885 Revenue passengers carried..... 937,872 986,257 998,324 Other deductions, amortization...... 13,196 15,536 Transfer a Be Sse 44,163 58,422 48,996 : 7 Passenger car milesrun.......... 555,855 572,563 587,00r° Tore Disc Bad Bich GK a en a 18,908 SS Fgt., exp. and mail car miles run. 86,065 83,135 87.064 é ee a essanacie ik leamau ecocoushsgal autradei Morante Sea Sisaraataan 16,00 a Z Passenger car hours.............. 42,280 40,788 41,761. Salis ra See BEE ee NG eg MS essere me Freight and express cars hours... 10,496 9,077 Tee Y Ce hones nelitian se eas Car seat miles ee ae 31,080,993 31,301,658 30,949,102 Poké a er sences eoleaenitie Sha 38 7 Total receipts per car mile......... .30 $.26.| 7° & OP & exp BSisreee : Operating expenses per car mile. -149 .18 STATISTICS OF TRAFFIC. BALANCE SHEET.—Dated June 30, 1913. Year ending June 30, IgIo. IgII. 1913. ASSETS. LIABILITIES. hao passengers carried ek bane 398,926 8 492.230 Cost of road and equip.$1,047,969 Capital stock............ $500,000 fanster 3 nee 3,771 4,071 1994 Cash saccacna s+ oer 12,792 Funded debt............ 159,000 re nak miles RE Gia, Sans ae sc ae Accounts receivable... 175,241 Accrued taxes.......... 1,987 Ce a: CRP oe Ieee dae EE ES ae Bins e8 450 Material and supplies. . 7,433 Otheraccrued accounts.. 27,100 | “87 10UFS, Pet SGaSe EES cece ae ae 5 oon Profit and loss (deficit). 11,398 Bills payable............ 140,982 SOIR BE CRD TESS) Chee eR 3913 3: Bicoe ‘ Car Seatem les) osc. ccscstversdausejean tues S00 14,922,302 14,591,916 14,728,688 RECOUNTS: PAYADIS inno xs 425,764 Total, receipts per car mile.......... .289 $.524 WOtalleccaecc ii eus.adave Roses $1,254,833 TOtal eciotinesaee. cosa ae $1,254,833 Opetating expeases pes car niles. nee nao BALANCE SHEET.—Dated June 30, 1913. TRACK AND EQUIPMENT.—Miles of track (electric), 33.4; 16 mo- ASSETS. LIABILITIES. one ees ears) emt) anid. 2 Setviiee aioe ears) 1 Snew logy Cost of road and equip- Capital stock ....... ... $200,000 7 MEnticshaveteesi ses ees $685,614 Funded debt............ 400,000 OrFicers.—Pres. A. N. Broadhead; V. Pres. Wm. Broadhead; Bills payable............ 10,000 Sec. W. R. Reynolds; Treas. S. B. Broadhead; Audr. F. H. Kibling; Accounts payable........ 334 Mer., Claim & Pur. Agt. George E. Maltby; Supt. Austin A. Harvey; Amortization.,.......... 59,654 Asst. Supt. L. L. Hills; Elecl. Engr. John Smedberg; Ch. Engr. & | Other assets............. 9,645 Profit and loss (surplus). 25,271 Engr. of Power Station, Axel Olson; Mast. Mech. Gaylord Price; - —_ Roadmaster, Axel Westergreen, all of Jamestown, N. Y. DOtal teaciuccte tan incnek $695,259 TP Ota is sigdeccay ei etns $695,259 DireEctors.—A. N. Broadhead. Wm. Broadhead, S. B. Broad- head, A. C. Wade, F. E. Gifford, O. E. Jones, R. N. Marvin, W. R. Reynolds, L. B. Warner, all of Jamestown, N. Y. GENERAL OFfFicz, Ashville and Jamestown, N. Y.; power station, Jamestown, N. Y. Jamestown, Westfield & Northwestern R. R. Co.—Formerly the Jamestown, Chautauqua & Lake Erie Ry. Co., which was incor- porated in Sept., 1900, as asteam road. Road acquired by new inter- ests in 1913, and name changed to above, and electricity substituted as motive power. Connects Bemus Point, Dewittville, Hartfield and Westfield. TRACK AND EQuipMENT.—Miles of track, 40; 8 motor cars, I0 other cars. Orricers.—Pres. A. N. Broadhead; 1st V. Pres. & Treas. S. B. Broadhead; 2nd V. Pres. Wm. A. Broadhead; Sec. Wm. R. Rey- nolds; Audr. A. B. Crossley; Gen. Mgr. G. E. Maltby; Supt. G. L. Maltby; Traffic Mgr. C. J. Moynihan; Mast. Mech. Gaylord Price. | GENERAL OFFICE, Jamestown, N. Y. Warren & Jamestown Street Railway Co.—Incorporated in New York and Pennsylvania as a consolidation, on Jan. 15, 1904, of the Warren & Jamestown Electric Railroad Co., chartered July 9, 1go2z, in New York, and the Warren & Jamestown Street Railway Co., chartered in Pennsylvania. Operates from Warren, Pa., to Jamestown, N. Y., passing through North Warren, Russell, Ackley, Fentonville and Frewsburg. Annual meeting Mar. 14. CapITAL Stock, authorized and paid in, $200,000; par $100. DivipENnps.—In 1908 4 p.c., in 1909 and Igro 8 p.c., in rgII, Jan., 2 p.c.; none since to Jan. I, 1913. : Funpep Desr.—First mortgage § p. c. gold bonds, authorized and issued $300,000; coupon $1,000; principal may be registered; dated July 1, 1904, due July 1, 1934; int. payable Jan. and July at Warren Trust Co., Warren, Pa., trustee. Second mortgage 6 p. c. gold bonds, authorized and outstanding $100,000; coupon $1,000; principal may be registered; dated Jan. 1, 1908, due Jan. 1, 1918; int. payable Jan. and July at Warren Trust Co., Warren, Pa., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 21.875, of which 11.6 are in Pennsylvania; 5 double truck passenger motor cars, 1 freight motor car, I service car. Orricers.—Pres. & Gen. Mgr. David H. Siggins; V. Pres. Homer M. Preston; Sec., Treas. & Pur. Agt. Sam. Q. Smith; Supt. of Power and Equipment, A. Strohm. DrirEctors.—David H. Siggins, John M. Siegfried, John F. Rounce, Hugh A. Siggins, Sam. Q. Smith, Frank M. Knapp and Ho- mer M. Preston, Warren, Pa.; Chas. H. Gifford, Jamestown, N. Y.; H.C. Preston, Youngsville, Pa. GENERAL OFFICE and repair shops, Warren, Pa.; power station, Stoneham, Pa. KINGSTON. Population in 1900, 24,535; in Ig10, 25,908. Kingston Consolidated Railroad Co.—This is a consolidation, Dec. 11, Igor, of the Kingston City R. R. Co. and the Colonial City Traction Co. Annual meeting last Thursday in July. CaPITAL STOcK.—Common, authorized and issued, $200,000; pre- ferred, 4 p. c. cumulative, authorized and issued, $200,000. DivipENpDs,—On preferred stock 4 p. c. has been paid yearly since Ig0I, up to 1908, when 2 p. cc. was paid on Aug. I; none to Jan. 1, IgII, when 4 p. c. was paid; none paid since. Funpep Desr.—Consolidated mortgage, 5. p. c. gold bonds, authorized $700,000, issued $532,000; in treasury, $156,000; coupon, but may be registered; dated Oct. 9, 1902, due Oct. 9, 1952; denom. $500; int. payable Jan. and July at Bankers Trust Co., New York, trustee, Second mortgage 5 p.c. gold bonds, authorized $250,000, issuable forthwith $56,000; dated 1909, due Jan. 1, 1939; int. payable Jan. and July at Bankers Trust Co., New York, trustee. Kingston City R. R. Co.'s consolidated first mortgage 5 p. c. gold bonds, authorized and issued, $150,000; dated Mar. 1, 1893, due Mar. I, 1923; denom. $500; int. payable Mar. and Sept. at Farmers Loan & Trust Co., New York. Kingston City R. R. Co.’s 5 p. c. bond and mortgage, authorized and issued, $6,000; int. payable quarterly; due on demand. OPERATION. — Year ended June 30, 1913: Total operating revenue, $155,621; total operating expenses, $77,595; net operating revenue, $78,026; taxes, $8,808; gross income, $69,218; interest, $37,109; net divisible income, $32,109; rent, etc., $1,126; surplus for year, $30,983; repairs to track renewed, $31,774; deficit, $791. 170 McGRAW ELECTRIC RAILWAY MANUAL New York [RACK AND EQUIPMENT. passenger cars, I snow plow. Orricers.—Pres. Fred. T. Ley, Springfield, Mass.; rst V. Pres. Henry C. Page, Worcester, Mass.; Sec. & Supt. G. B. te Bow; Treas. Abram Hasbrouck; Ch. Engr. M. J. Sullivan; Mast. Mech. C. J. McNelis, all of Kingston, N. Y. DirectTors.—George Hutton, Abram Hasbrouck, G. B. te Bow, all of Kingston, N. Y.; L. L. Ley, H. H. Bowman, P. W. Ripple, F. T. Ley, H. A. Ley, all of Springfield, Mass.; H. C. Page, Worces- ter, Mass. GENERAL OFFICE AND REPAIR SHOP, 320 Broadway, Kingston, N. Y.; power house, 22 E. Strand, Kingston, N. Y. Miles of track (electric), 9.1; 40 motor LEWISTON. Population in 1900, 3,221; in 1910, 3,263. LEWISTON & YOUNGSTOWN FRONTIER RAILWAY CO.—Chartered in Aug., 1895. On Apr. 1, 1907, the Niagara Gorge R. R. Co., which leases the property, acquired all of the stock and bonds. CAPITAL STOCK, authorized $150,000, issued $134,000; par $100. Funpep Dest.—First mortgage 6 p. c. gold bonds, authorized and outstanding, coupon or registered, $150,000; dated June 1, 1896, due June 1, 1916; int. payable June and Dec. at Buffalo Loan, Trust & Safe Deposit Co., Buffalo, N. Y., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 8.7; 8 motor cars, I other car. LIMA. Population in rgio, 866. Lima-Honeoye Light & Railroad Co.—Chartered in New York in June, 1910, as the Lima-Honeoye Light Co. Connects Lima and Honeoye. Annual meeting in Sept. CaPITAL Srock, authorized and outstanding, $5,000; par $100. TRACK AND EQUIPMENT.—Miles of track, 4.6; 2 motor cars, I service car. OrFicers.—Pres., Sec., Gen. Mgr. & Pur. Agt. Donald M. Lewis; Treas. Alexander Russell; Supt. F. Warner; Ch. Eng. Mortimer D. Gould. GENERAL OFFice, Avon, N. Y.; power station and repair shops, Lima, N. Y. MIDDLETOWN. Population in 1900, 14,522; in IgI0, 15,313. The Wallkill Transit Co.—Incorporated in New York on Mar. 30, 1905, as successor, under foreclosure, to the Middletown- Goshen Electric Ry. Co. and the Middletown-Bloomsburg Electric Ry. Annual meeting second Saturday in May. CariraL Srock, authorized and outstanding $350,000; par $50. FunpeD Desr.—First mortgage 5 p. c. bonds, authorized and issued $300,000, outstanding $298,100; dated May 1, 1905, due May 1, 1935; denom. $100, $500 and $1,000; int. payable May and Nov. at Commonwealth Trust Co., Harrisburg, trustee; subject to call after IO years at 105. OPERATION.—Year ending June 30, 1913. Total operating rev- enue, $75,618; total operating expenses, $61,485; net operating revenue, $14,133; taxes, $2,305; operating income, $11,828; other income, $771; gross income, $12,599; interest, $17,302; deficit for year, $4,703; total deficit, $73,157. TRACK AND EQuIPMENT.—Miles of track (electric), 12.84; 20 pas- senger motor cars, 2 express cars, 8 service cars. OrFicers.—Pres.,Gen. Mgr., Pur.& Claim Agt. D.C. McMonagle, Middletown, N. Y.; V. Pres. Chas. A. Kunkel, Harrisburg, Pa.; Sec. John Fox Weiss, Harrisburg, Pa.; Treas. W. M. Ogelsby, Har- risburg, Pa.; Gen. Supt.W. M.Gould, Middletown; Ch.Engr. Pwr. Sta. W. D. Van Inwegen, Middletown; Mast. Mech. S. K. Lybolt, Middle- town; Roadmaster, E. Hughes, Middletown; Atty., H. B. Royce. DirectTors.—C. A. Kunkel, J. F. Weiss, Chas. H. Bergner, M. E. Olmstead, A. J. Dull, Harrisburg, Pa.; W. B. Royce, D. C. McMonagle, Edmund Millen, Middletown, N. Y.; Geo. F. Gregg, Goshen, N. Y. GENERAL OFFICE, Middletown, N. Y.; power station and repair shops at Mechanicstown, N. Y. NEWBURGH. Population in 1900, 24,493; in IgI0, 27,805. Orange County Traction Co.—Organized Oct. 16, 1901, and purchased the Newburgh Electric Ry. Co., sold at foreclosure sale Sept. 27, 1901. Annual meeting third Wednesday in Oct. CapiraL Stock.—Common, authorized and issued, $150,000; pre- ferred 6 p. c. non-cumulative,authorized and issued, $175,000; par $25. Funpep Dest.—First and refunding mortgage 5 p.c. bonds, authorized $750,000, outstanding $264,000; dated July 1, 1910, due 1960; Union Trust Co., Albany, trustee. Orange County Traction Co.’s new mortgage 5 p. c. collateral gold bonds, authorized $100,000; dated Apr. 1, 1904, due Apr. 1, 1924; int. payable Apr. and Oct. Equipment trust certificates, 54 p. c., authorized $41,000. Newburgh Elec. Ry. Co.’s first mortgage 5 p. vc. gold bonds, authorized and issued, $250,000; dated May 1, 1894, due May 1, 1944; denom. $500; int. payable May and Nov. at Columbia-Knickerbocker Trust Co., of New York, trustee of mortgage. i Newburgh & Orange Lake R. R. Co.’s first mortgage 5 p. c. gold bonds, authorized and issued, $75,000; dated July 1, 1894, due July I, 1944; int. payable Jan. and July at Columbia-Knickerbocker Trust Co., New York, trustee. Walden & Orange Lake R. R. Co.’s first mortgage 5 p.c. gold bonds, authorized and issued, $100,000; dated Apr. 20, 1895, due June I, 1945; int. payabhe June and Dec. at Hamilton Trust Co., Brooklyn. OPpERATION.—Year ending June 30, IQIl. Igi2. 1913. Revenue from passengers............+5. $153,316 $157,200 $149,621 oS “ freight or express........ 12,561 12,409 17,458 sys ms other operating sources... 22,556 23,139 15,558 Total operating revenue. ............4. 188,433 192,748 182,637 General expenses............ 00005 20,332 24,600 22,495 “Erafie€X pe nsesy:vcsiascenteecernesancees A 17,964 11,698 Operation of cars..........e eee eee 53,55 se ‘* power plant........... 22,663 ‘ 67,885 69,836 Maintenance of way & structures.... 13,766 28,198 21,614 : fe ‘“equipment.......... 16,885 16,275. 15,909 Total operating expenses............... 127,204 154,922 141,552 Total net revenue............. cece eae 61,229 37,826 47,085 OUMET A COMIEs escus/ eet 2.c Sear enaees y othcbgohte 4,109 5,126 5,416 Total ee | edseibaAlnd jaadead gu mta hs die 65,338 42,952 46,501 TMTEKE Sts. eaoe Total income. ........... 0 cece cece cee eee 28,927 29,439 27,182 | CaSh..---++es+ sees sees 29,996 Funded debt.......... E59;000 PARES aie265 5c oa a secaazela Saad laa etuniovlantoee 3,152 3,472 3,939 Other current assets.... 91,423 Taxes accrued........ 05,212 TMCS TE Steiersissersieyescic aasances oar oui Doeaee 632 631 "495 Other temp. debit items. 7,578 Int. on funded'debt.... 2,250 Track and terminal privileges.......... 2,653 2,650 2,609 Free investments...... 180,759 Rentals....... beeen eee 1,625 Other deductions...............0.00eee [22 “tra 9 Add. & bet. leased lines. 1,485,297 Other current liabilities. 1,067,856 Deftitusicace se eegeee 975,613 Certifs. of indebtedness 2,397,654 Net incomes. ccensaeeeeiegavereceietadeass 22,368 22,572 20,130 ReSOIVE raya nt xaeirh eve Fontes Dividend Siete sc veanben-oaganate seeee 17,500 35,000 eee Eee Profit and loss adjustments. ............... 984 2,207 *4,804 Elo tally <2 cseeaa asnieuseatenat et $4,173,763 T6talvesken sunken $4,173,763 Total surplus.................0.. 98,979 106,258 96,192 : . Soi ge 3 3 2 Track AND EqQuipMEN?’.—Miles of first track owned 1.18, total BETAINE eApenec® Pee uGs CAMA EB oae he 74-76 73-95 75-71 | miles of track owned 5.66, leased 26.94, total miles operated 32.60; Credit. + General expenses only. 6 snow plows, 3 other service cars, 5 electric locomotives, 179 freight cars owned and 2 passenger cars leased. STATISTICS OF TRAFFIC. Year ending June 30, Igrr. IgI2. 1913. PROSPECT PARK & CONEY ISLAND R. R. CO.—On Feb. Passengers carried.............-000- 1,271,006 1,184,922 1,182,569 | 28, 1907. was leased to the South Brooklyn Ry. Co. The Long Island Transfers FEDSETMEM oi -0 5 avssens shcdisnasacnarece 15,364 18,749 14,544 | R. R. Co. owns $172,600 of the capital stock. ae ee iis Rares etree nee es 217,464 179,447 I9QI,293 CAPITAL STOCK, $250,000. ee per far aa es $.3T0 $.354 $.316 Funpep Desr,—First mortgage 6 p. c. bonds, $160,000; dated P g expenses per car mile...... 232 262 -239 | Jan. 18, 1886, due February 1, 1926. First mortgage 4% p. c. bonds, $340,000; dated Jan. 18, 1886, BALANCE SHEET.—Dated June 30, 1913. due Feb 2, tig6. ge 4% Pp 34 q ASSETS. LIABILITIES. Second mortgage 6 p. c. bonds, $104,000; dated Feb. 25, 1891, Fixed capital ........... $215,090 Capital stock............ $350,000 | due Mar. 1, 1931. Free investments........ 3,003 Taxes accrued.......... 1,934 Income 6 p. c. bonds, $250,000; dated Mar. 1, 1880, due May 1, a a Gacehalsd ages brie Qeaa eeneeseaees 5,715 Other current liabilities. 5,746 | 1920. ther current assets..... 7,102 Reserve.............05. 3,078 1 : Advances to affiliated cos. 225,000 Surplus.........-....005 96,192 | due aoe pea Ava Ps ty Bonds) os ooo} dated Mat 2, a8; Other t . debit i ss ; ids ; . ‘ Petronas gone ez ee TRACK AND EQUIPMENT.—Miles of track (electric), 9.56. Total tscisenesan sgn $456,950 Total icusccseuricee eee as $456,950 TRACK AND EQUIPMENT.—Miles of track (electric), 7.49; trackage rights, .946; 25 double truck convertible passenger cars. SOUTH BROOKLYN RAILWAY CO.—Chartered Jan. 13, 1900. The property of this company was leased to the Brooklyn Heights R. R. Co. until Feb. 28, 1907, when the lease was abrogated. The property has been operated independently since that date. This com- pany has operated (under lease) since Feb. 28, 1907, the Prospect Park & Coney Island R. R. Co. The New York Public Service Commission, First District, has approved the purchase by this com- pany of the 500 shares of stock of the Prospect Park & South Brooklyn R.R. Co. and 1,000 shares of stock of the New York & Coney Island R. R. Co. CaPpiTaL Stock, authorized and outstanding, $500,000; par, $100. REAL EsTaATE MoRTGAGES.—$1I50,000. OpERATION.— Year ended June 30, IgII. Igi2. IQI3. Gross revenue from passengers......... $351,034 $367,335 $362,669 oe us ‘freight, etc......... 20,624 21,956 370,909 es oa % other ry. oper...... 39,595 38,798 41,936 Total revenue railway operations....... 411,253 428,089 775,514 General expensSeS........... 0. eee 35,590 36,566 38,273 Transportation and traffic expenses. 108,889 113,006 256,563 Operation of power plant........... 48,546 51,725 49,954 Damages....... cece eeeecreeeereee 28,750 46,902 29,207 Maintenance of way and structures.. 24,388 25,379 24,937 a ““ equipment.......... 34,549 35,954 35,327 Total operating expenses.............-- 280,712 309,532 434,261 Gross income less operating expenses... 130,541 118,557 341,253 Other income and revenue...........60- 18,606 15,842 15,076 Total incomes. cess ci sicko cicae ets BSS 149,147 134,399 356,329 Interest .....-.-ee eee sielisycitacdus Siettter® 159,190 168,348 190,197 SRA ME SE peste aieee scene aa¥eedeleadn tes Giles bea en 39,602 73,632 69,307 Rentals: iscceicsn vende trace gdeeeine 45,730 45,732 45,730 Hire of equipment............+++.- 64,821 62,842 68,794 Track and terminal privileges and other deductions....... aS erg ess 509 264 132,548 Deficit ssicncncnana acs ate 38 oe Seoeinantiann oe Baays 160,705 216,419 150,247 Profit and loss adjustments............ 5,165 2,174 *12,265 Total, Geficit: s..ccc i , s WN SH. ales 3 . Poon Ieea fe : ‘ Net — "Qav 6Vasuve a f Lyte P58 et : NS & = 3 Lo, CANE to,” fos Trans fA 7 S/ py 3anqon ASuAtTOS | @Ty/n ftv s AS ; LL Pet pelt fo NUL x 2 \ [2 [oodsaa, J RON et Oosawa 5 ; / “19 oH0s4119 / F7 Ie 2 d z , nile Pe fre aS sdoorqdnog ve |3 \ Fi al ‘ oth a mo. o " \ Oo z vq z m \ fe. Aes th s a z ae See SAVMIIVY NE ge Bet L.——. : e ao ssapy J3LVLS WHOA MIAN | f wn ¢ ESTES JO 3 -y: 3 aS Va | 3 Oo = Toe nine SANIT NVE@Yuny3aLni ds aff —— m é ONv UTAIB A, *ayW wiv 30 aos, i °. e S3NIT IWYLN39 HYOA M3N Y SAVMTIVa O1NLOaTa oem AL — BUdABY s a “ 3 S : : ——— Nv@unu3si.ni “a A Ke HP ANV8S1V naorersdeo O A ONS ow av A und, SAVM1V¥ L33aNLS £ : 3 aitaeg 2 WM / BSOn3BYa4aY w ff MAOvLOAaNZHOS = é, we Oy eh a . ss oe ' % oF —Eo>Ey. wanqny i‘ VNDIVANUNYD VY, O1V44 3u0HE iso & ors QXTIIMI0"N oso | \ . /> a SEIN Sy xe we iB N39 Bianyog /. . any S % OY ao aeons [F_* MAGA CET 5 ay é a“ Si1v4 311417 yn 5 TBM gag4q NOSE 3 sor8 Bpuvnvuoy, Ss © ‘attiasioaotg §=— WN yy 1S3H90U HedoT oy 2 ; AQ YX > uae bg % ce x RAN s yes ie ee | New Yorx McGRAW ELECTRIC RAILWAY MANUAL 201 OPERATION.—Year ending Dec. 31, IgII. 1912. 1913. Revenue from passengers......... -$3,562,543 $7,382,705 $7,637,102 mm ‘* other oper. sources.. 880,054 159,490 150,127 Total operating revenue............ 4,442,597 7,542,195 7,796,229 Maintenance of way & struct.... 313,274 705,396 768,232 onan ‘* equipment..... 181,480 475,882 504,114 Traffic expenses............... 51,984 47,422 Transportation expenses. ..... 1,308,191 2,040,727 2,753,383 General expenses............. 392,995 677,688 643,569 Superintendence of transpt..... 115,162 131,699 Total operating expenses.......... 2,195,940 4,666,839 4,848,414 Net operating revenue............. 2,246,657 2,875,356 2,947,816 Outside operations (net)...... ..... 14,183 8,711 Total net revenue.................. 2,246,657 2,889,539 2,956,527 WARCS sie. se ova hiccciaid aia b/s crmoarvanenlelcabens 246,826 452,654 502,779 Operating income.................. 1,999,831 2,436,885 2,453,748 Other income (net)................ 159,251 161,388 Gross incoMe.........0. cece cee cees 1,999,831 2,596,136 2,615,136 Interest on funded debt........ 445,450 788,951 862,785 Other interest 41,727 168,753 217,819 90,850 159,922 147,264 Other deductions.............00000- 16,500 1,962 11,772 Net divisible income .............. 1,405,304 1,476,548 1,374,496 Divid €nd sire ccsutincnrtaun wiles 1,389,945 1,389,945 1,389,945 Surplus: for year. cice aut cae pens 15,359 86,693 *15,449 Surplus from previous year........ 1,965,075 2,138,608 Profit and loss adjustment......... 195,259 770,969 Total surplus account............ 1,785,175 1,352,190 P.c. oper. expenses to earnings.... 59.90 61.88 62.19 * Deficit. STATISTICS OF TRAFFIC. Year ending Dec. 31, IQII. IgI2. 1913. Car miles operated. ...............11,881,054 23,795,336 24,610,058 “hours ‘ sence eseaeee es 1,300,572 2,562,171 2,656,007 Revenue passengers carried....... 65,089,574 128,720,689 133,311,348 Transfer as BO @ Rex ceeoot ag 21,766,090 34,830,755 36,440,395 Free an a 4 . 1,025,649 2,271,111 2,730,636 Earnings per car mile............. $ .3052 $ .3102 $ .3103 os = BOWE teeus uselen 2.79 2.88 2.87 GENERAL BALANCE SHEET.—Dated Dec. 31, I913. ASSETS. LIABILITIES. Road equipment, etc. .$46,281,282 Preferred stock....... $ 3,862,500 Material and supplies. 326,158 Common “ ....... 19,952,400 Cash iia va ccsereaseayewsrs « 236,581 Funded debt......... 18,171,000 Bills receivable....... 8,000 Real estate mortgages. 40,000 Accounts receivable... 98,947 Taxes accrued..... 4c 121,231 Stocks owned......... 2,402,415 Interest accrued...... 254,573 Special deposits...... 77,633 Bills payable......... 4,785,000 Prepayments......... 37,222 Accounts payable..... 281,395 Reacquired securities. 6,400 Paving assessments... 543,935 ‘Unamortized debt, disc. Accrued rentals...... 2,627 | and exp......-.---- 574,890 Other unfunded debt.. 11,970 Casualties (surplus)... 67,279 Reserves... ......0005 23,165 Coupon int. matured.. 55,390 Accrued amort. of cap. 492,217 Ticket float........ .. 32,719 Surplus........ eiatitece 1,352,190 Total seas sonie «.. + $50,049,528 Total sescsssarecuasneias $50,049,528 TRACK AND EqQuipMENT.—Length of road 270.60 miles, held under lease 69.46 miles, total 340.06 miles. Cars: 347 closed and g6 open passenger motor cars, 25 trail cars, 29 convertible motor cars, 5 non-motor passenger cars, 356 semi-convertible motor cars, 26 express motor cars, 40 snow plows, 84 line and work cars, 18 sweepers, 14 other service cars. FICERS.—Pres. H. E. Andrews, New York; V. Prests. Wm. K. Vanderbilt, Jr., John Carstensen, W. N. Kernan, New York; Robt. M. Searle, Rochester; Sec. & Gen. Audr. J. C. Collins, Rochester; Asst. Sec. Howard L. Reichart, New York City; Treas. Edw. L. Ros- siter, New York; Asst. Treas. C. A. Tucker, Rochester; Audr. Jos. M. Joel, Utica, N. Y.; Audr. Rochester lines, Wm. O Ingle; Gen. Mgr., Utica, Oneida & Syracuse Lines, B. E. Tilton; Gen. Mgr. Roch- ester Lines, E. J. Cook; Gen. Supt., Utica, Oneida & Syracuse Lines, J. E. Duffy; Supt. Transpt. City Lines, E. E, Strong; Supt. Transpt. Interurban Lines, M. D. Kilbride; Engr. Lines and Bldgs., Utica & Syracuse Lines, H. G. Throop; Claim Agt. Rochester Lines, R. E. McDougall, Rochester; Claim Agt. Syracuse Lines, A. D. Brown, Syracuse, N. Y.; Claim Agt. Utica-Oneida Lines, J. S. Kubu, Utica, N. Y.; Gen. Counsel, W. N. Kernan, New York City; Pur. Agt. Roch- ester Lines, H. M. Butler, Rochester; Pur. Agt. Utica-Syracuse Lines, P. J. Honald, Syracuse, N. Y.; Engr. Maint. of Way, D. P. Falconer, Rochester, N.Y; Shop Foreman and Mast. Mech., Syracuse & Oneida Lines, F. L. Hinman; Mast. Mech., Utica Lines, J. R. Ayres; Elecl. Engr., Utica & Syracuse Lines, G. N. Brown. : Directors.—E, L. Rossiter, A. H. Harris, W. H. Newman, J. Carstensen, W. N. Kernan, H. E. Andrews, Wm. K. Vanderbilt, Jr., H. S. Vanderbilt, A. H. Smith, New York City; G. A. Hollister, Alex. M. Lindsay, H. P. Brewster, R. M. Searle, Rochester, N. Y.; A. C. Fobes, Syracuse, N. Y.; C. B. Rogers, Utica, N. Y. GENERAL Office, Grand Central Terminal, New York City, and 267 State St., Rochester, N. Y. For map of road see page 200. ROCHESTER ELECTRIC RAILWAY CO. ~— Chartered in Aug.,1887. Annual meeting second Tuesday in June. Leased to the Rochester Ry. Co., now a part of the New York State Railways. CaPiTAL STOCK, authorized and issued $200,000; par $100. TRACK.—Miles of road owned, 4.78; miles of track owned, 9.75. ONTARIO LIGHT & TRACTION CO.—Chartered June 11, Igoo, as the successor, by purchase on Apr. 21, 1900, of the Canan- daigua Electric Light & R. R. Co., which was chartered Mar. 6, 1888, as the Canandaigua Electric Light Co. Charter amended and name changed July 21, 1893. Annual meeting third Thursday in Feb. This company also owns an electric lighting plant. The New York State Railways owns the entire stock. CAPITAL STOCK, authorized and outstanding, $100,000. Funpep Derr.—First mortgage 31% p.c. bonds, authorized $10,000, outstanding $4,000; dated May 1, 1901, due May 1, 1927; int. payable May and Nov. Canandaigua Electric Light & R. R. Co.’s first mortgage bonds, authorized and outstanding $150,000 at 3% p-c., and authorized $50,- 000, outstanding $35,000, at 6 p.c.; dated July 1, 1897, due June 30, 1927; int. payable Jan. and July. TRACK AND EQUIPMENT.—Miles of track (electric), 2.23. Orricrers.—Pres. Horace E. Andrews, New York City; V. Prests. Wm. K. Vanderbilt, Jr., New York City, and G. A. Hollister, Roches- ter, N. Y.; Treas. E. L. Rossiter, New York City; Asst. Sec. H. L. Reichart, New York; Audr. E. C. Scobell; Sec. & Gen. Audr. J.C. Collins, Rochester, N. Y.; Asst. Treas. C.-A. Tucker, Rochester, N. Y.; Gen. Mgr. R. M. Searle, Rochester, N. Y.; Pur. Agt. V. A. Miller, Canandaigua. GENERAL OFFICE, Canandaigua, N. Y. a Empire United Railways, Ine.—Chartered Feb. 18, 1913, as a consolidation of the Rochester, Syracuse & Eastern R.R. Co., the Syra- cuse, Lake Shore & Northern R. R. Co. and the Auburn & Northern Electric R. R. Co. Connects Rochester, Syracuse, Oswego and inter- mediate villages and cities. CaPITaL Stock.—Common, authorized and outstanding $7,300,000; first preferred, 6 p.c. non-cumulative, authorized and outstanding $2,000,000; preferred, 6 p.c. non-cumulative, authorized and out- standing $2, 300,000. Funvep Desr.—First and refunding mortgage bonds, author- ized, $20,000,000; $9,600,000 to be issued from time to time to retire existing obligations and three-year 6 p- c. notes of the Rochester Syracuse & Eastern R. R. Co., and the notes of the Syracuse, Lake Shore & Northern R. R. Co., due May 15, IQI4. Rochester, Syracuse & Eastern R. R. Co.'s first mortgage 5 p.c. gold bonds, authorized $7,500,000, outstanding $5,000,000; coupon but mey be registered; dated May 1, 1905, due May 1, 1945; denom. $1,000; int. payable May and Nov. at Columbia-Knickerbocker Trust Co., New York, trustee; subject to call in any amount on and after May I, 1915, at 110 and interest. Notes.—Three-year notes, authorized $1,137,114, not over 6p.c. 1914. Syracuse, Lake Shore & Northern R. R. Co.’s first mortgage 5 p. c. gold coupon bonds, authorized $2,500,000, outstanding $2,500,000: dated May 1, 1907, due May 1, 1947; denom. $1,000: int. payable May and Nov. at Columbia-Knickerbocker Trust Co., New York, trustee. Subject to call at 110 and interest on or after May I, 1917. with interest at Five p.c. notes, outstanding $350,000, due May 15, Auburn & Northern R. R. Co.’s first mortgage 5 p. c. gold bonds authorized $1,000,000, issued $250,000; dated May 1, 190s, due May 1,1945; denom. $1,000; int. payable May and Nov. at Equitable Trust Co. of New York, trustee. Subject to callat Ito and interest on or after May I, 1915. It is proposed to take up these bonds by the issue of Empire United Rys. first and refunding mortgage bonds. RAILWAY MANUAL New York 202 McGRAW ELECTRIC OrERaATION.—Year ended June 30, 1913. Revenue (rom passengerss i e6aietentic oct aeserecbapdateaeninacs $1,290,860 o oF > ammiblkeaind “EX PTrESS) snes 4.csce Se gueweancaaaemnaes 68,207 y “ lothero perating sourcesyy.cntevcsaaiadeicnek eee 56,987 ‘LOtal Operating réeventlei wonwen cuss: denen a eee nae ees eee SS 1,416,054 Maintenance of way and structures.............005 ++ 179,095 Maintenance of equipment........ Seem Sato et wausenne enero 63,333 iraficrex Penis Sw riiduvasstat. eaten date aid ase Hesade Oh a abou neeeas 16,772 Transportation expenses............0 00.0 ce ee eee eee 407,910 General expenses............2..... AAS NA een GA 127,628 Lotal Operating ExpensSessc cae cucc cuss ceaiseaannreaaeeres 794,738 Net Operating Tevenues ie cacsesnmeye¥ eves asuseu andes ou 621,316 AMES acess ne a SAGA ceased vevaciose Ae ace wate meats loa le NCocgerdek dentate © 67,600 Operating inComeuaeysmae ee ae ee eee ne votes Lees Sees Soy 1b Other income sic dsicichs cenesetus cae yea vo aatonne tee ca eG gs 29,018 GrOSS INCOME vsaesn goer SW DARED SCRE DEEL ed eS BOD ISy Interest on funded debt.......... 00.0... ccc eevee cee ee 453,591 a mo MOatin peGEDE Ws 5 a2.2 82248. gistevasa iataen keen emteoche 48,771 PED tall Sis gece Js anchcuar Geutsaudny shaven Gus ne oo eraneoalaeanae Gece 69,877 Other deductions, amortization................0. cee 14,687 Net divisible income........... cc .ccc eee cececeececaseecs 5,808 DIVIGE NGS: cppecne cis 8 Sk dale cannes Reeeeadeah saees ste Mana aaheonone ered 19,500 DeACit fOr Gears. wer sey uslascsts veatede ses Soa stele w/a less cos og nese alan 13,692 Deficit from previous yearsensih oa awes ghee tadieaes bande t *59,671 Profit and loss adjustment (net credit)..................08 60,776 ‘Rotalidieiett accounts tances ease eo nent og bes Sntene 8 eek Me £2,587 Operating expenses p. c. of earnings.... .........0000 eee 56.12 * Combined surplus and deficit of Rochester, Syracuse & Eastern R. R. Co., Syracuse, Lake Shore & Northern R. R. Co., and Auburn & Northern Electric R. R. Co. STATISTICS OF TRAFFIC. Year ended June 30, 1913. Pare passengers: Carried. .aiccsisies viiosee tad lace e4 ee we ys 8,936,926 TEANSLER PASS CM GELS’ cc. sqonertidue acten sneha Qos oiod ye ORS Satara eres 361,934 Car miles run (passenger) ......... 0.0.0... e cee eee eee 3,854,738 BR OER ES (OR DEC SS) aortic sup diaiacea deers potest saat, Mende Ha eels 205,212 Car hours (passenger) ixccxeseccp escent garages gases & 244,224 BES OME $(@XPTESS)) Sr. yervesoga usin wraeeavans «BOs tnledoen tates nena ieee giara 17,108 Carseat Milesis s sjisninswaomansanins vereegyetanes eoee088 04 208,889,361 Average total revenue per car mile....... ............0- $.3488 Operating expenses per carmile......... 0.2.2... 0.000008 -1958 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road & equip.$21,393,286 Capital stock......... $11,600,000 Other perm. invests. . 24,931 “Funded debt. icccs. sc *9,237,000 CaS bias .did dmleteteseninstaads 1,631 Accrued interest . 97,080 Bills receivable....... 29,750 Mf” MASCOSixnyd Bes 7,753 Accounts receivable... 699,801 Bills payable......... 72,250 Material and supplies. 68,502 Accounts payable..... 160,400 Prepaid accounts..... 8178. Reserves. sascocia con 1,302,468 Unamortized debt, dis- count W expenses... 272,285 Other assets, reac- quired securities.... 26,000 Profit & loss (deficit). . 12,587 TOtaligeenceic anand $22,476,951 Potales os caeeeeaes $22,476,951 * Includes Rochester, Syracuse & Eastern R. R. Co. 3-vear notes ($1,137,000), and Syracuse, Lake Shore & Northern R. R. Co. 15-mo. notes ($350,000). TRACK AND EQUIPMENT.—Miles of track owned, 236.39: miles of track leased, 7.6; total operated, 243.99; 79 passenger motor cars, II passenger cars, 3 express cars, I private car, 1 combination express and plow car, 2 combination express and passenger cars, 2 work cars, 8 snow plows, I sweeper and 10 service curs. Orricrers.—Pres. Clifford D. Beebe, Syracuse; V. Prests. Hen- drick S. Holden, Syracuse; Cadwell B. Benson, Minetto, and Edwin D. Metcalf, Auburn; Sec. Chas. A. Lux; Treas. Willis A. Holden: Audr. W. W. Foster; Gen. Mgr. R. A. Dyer, Jr.; Claim Agt. Nathan Abelson; Traffic Mgr. H. J. Clark; Ch. Engr. Thos. H. Mather; Mast. Mech. A. B. Metcalf, all of Syracuse, N. Y. Directrors.—Clifford D. Beebe, Hendrick S. Holden, Willis A. Holden, Chas. A. Lux, James M. Gilbert, William K. Pierce, Edward Joy, Charles M. Warner, Burns Lyman Smith, William Nottingham, Albert E. Nettleton, Syracuse, N. Y.; Cadwell B. Benson, Minetto; Edwin D. Metcalf, Auburn; Fidelio K. Hiscock, North Yakima, Wash.; Ferdinand W. Roebling, Jr., Trenton. N. J. GENERAL Orrice—Syracuse, N. Y.; repair shops, Lakeland, near Syracuse, N. Y. Buffalo, Lockport & Rochester Railway Co.—Chartered June 22, 1905, as a consolidation of the Albion Electric Ry. Co., Albion & Rochester Ry. Co. and the Albion & Lockport Ry. Co. Annual meeting second Tuesday in May at Syracuse, N. Y. The road from Rochester to Albion was put in operation Sept. 5, 1908, and the balance to Lockport Nov. 17. 1908. Interest due Aug. I, 1909, on the first mortgage bonds was defaulted, and receivers were appointed. On Jan. 1, 1911, the Beebe syndicate acquired control, and effected reorganization without fore- closure. Under the reorganization all of the floating indebtedness of the company, all car equipment notes and all past due and unpaid coupons were retired and cancelled. CariraL Srock—Common, authorized and outstanding,$2, 500,000; preferred, 6 p.c. non-cumulative, authorized and outstanding, $1,- 500,000. Funprep Desr.—First mortgage 5 p.c. gold bonds, authorized $4,000,000, outstanding $2,750,000, balance held in treasury; coupon, but may be registered; denom. $1,000; dated Feb. 1. 1904, due Feb. 1, 1954; int. payable Feb. and Aug. at Lincoln Trust Co., trustee. - Treasury bonds may be issued for extensions and betterments. Bonds are subject to call on any interest date on three months’ notice at 110 and accrued interest after Feb. I, Ior4. OPERATION.—6 mos. ending June 30, Year end. June 30, IgII. IQi2. IQI3. Gross revenue from passengers $168,708 $396,392 $382,700 ee 8 freight. cnc. woas 3,983 4,147 “e ‘““ o'roper. sources 4,870 9,697 6,507 Other income and revenue. ... 1,933 2,669 974 Gross: INCOME. e-7x. costes as ewes 175,511 412,741 394,328 General expenses.......... 17,670 42,260 57,696 Traffic expenses........... 6,096 7,333 Transportation expenses. . 56,604 129,302 128,988 Maint. of way and struct.. 15,686 47,628 69,048 oe ““equipment....... 6,568 21,150 25,893 Total operating expenses...... 96,528 246,436 288,958 Gross inc. less oper. expenses. . 78,983 166,305 105,370 Interest on funded debt.... 68,751 137,500 137,500 Other interest............. 25 gio 4,500 Taxes ntidacweawaskenice ee: 5,500 15,000 18,550 Tee oer arenes ae ey 11,489 24,870 23,053 Net divisible income.......... 6,782 11,975 #78 233 Profit and loss adjustment..... 13,189 61,480 10,126 Surplus from previous year.... 1,467,398 1,447,427 1,373,972 Total surplusic.eeecss ete ee es 1,447,427 1,373,072 1,285,613 Oper. expenses p. c. of earns.. 55.61 60.09 73.46 * Deficit. STATISTICS OF TRAFFIC. Year end. June 30, 6 months ending June 30, IgIl. Igt2. IgI3. Revenue passengers carried..... 922,233 2,049,076 1,992,230 Transfers redeemed........... 17,585 45,388 52,558 Passenger car miles run......... 497,627 1,108,958 1,033,667 Freight car miles run........... 6,074 11,645 9,573 Car hours, passenger........... 23,373 50,448 48,282 = S- - PREI ENG siececieteontscatr erases 464 903 749 “SSC AtHMITES 2 oo. ppe eta Mass dete kee 56,477,639 50,897,919 Average revenue per car mile... $.1568 $.3657 $.3771 Operating expenses per car mile. -1916 +2197 +2770 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Cost of road and equip.$8,142,041 Capital stock.......... $4,009,000 Cash er ae eT ene: 39,787. Funded debt.......... 2,750,000 Bills receivable........ 5,355 Accrued interest....... 57,826 Material and supplies... 22,432 Se WANES) visite! race 6,430 Prepaid accounts...... 7,396 Bills payable.......... 86,100 Accounts payable...... 29,042 Other unfunded debt... 2,000 Profit and loss (surplus) 1,285,613 MOtalicn 43 220% Seok bees $8,217,011 Motale strc cacescsesk wa $8,217,011 TRACK AND EquipMEntT.—Miles of track owned, 66.80; miles of track operated, 73.12; 21 passenger and 2express motor cars, 2 freight cars, 2 snow plows, and 15 service cars. Orricers.—Pres. & Gen. Mgr. C. D. Beebe, Syracuse; V. Pres. Frank A. Dudley, Niagara Falls; Sec. Harold C. Beatty, Syracuse; Asst. Sec. A. M. Michael, Syracuse; Treas. W. A. Holden, Syracuse: Asst. Treas. & Audr. W. W. Foster, Syracuse; Gen. Counsel, Wm. Nottingham, Syracuse; Gen. Mgr. H. C. Prather, Rochester, N. Y.; Supt. J. M. Delaney, Rochester, N. Y.; Claim Agt. L. J. Hoenig, Rochester, N. Y.; Pur. Agt. J. H. Hickey, Rochester, N. Y.; Ch. Engr. T. H. Mather, Syracuse, N. Y.; Mast. Mech. H. C. Kaercher Rochester, N. ¥Y.; Roadmaster, W. A. Steckel, Syracuse, N. Y.; Traffic Mgr. H. J. Clark, Syracuse, N. Y. , Direcrors.—C. D. Beebe, H. C. Beatt , W.K. Pierce, W. A. Holden, Wm. Nottingham, H. S. Holden, Syascuce, N. Y.; E. z Wood, Torontu, Ont.; F. W. Roebling, Jr., Trenton, N. Jug Ae Dudley, Niagara Falls, N.Y. GENERAL OFFICES, 500 O. C, S. Bank Bldg., S .Y.: re- pair shops, Gates, N. Y. Bey ANS ey Ne Nog 6 SSS Erie Railroad Co.—ROCHESTER ELECTRIC DIVISION. no by electricity between Rochester, Avon, Geneseo and Mt. orris. New York McGRAW ELECTRIC RAILWAY MANUAL 203 TRACK AND EQuipMENT.—Miles of track (electric), 4o; 8 motor BaLance SHEET.—Dated June 30, 1913. ae nos Te ™ ASSETS. LIABILITIES, EFICERS.—Div. Supt. E. I. Bowen, Rochester, N. Y; Pur. Agt. | Cost of road and equip.$1,587,385 Common stock.........$ 150,000 W. R. Collins, 50 Church St., New York City; Supervisor of Electrical | Other eee $ ce Bandea debt........ .-- 1,443,460 Service, R. C. Thurston, Avon, N.Y. Calics ncialau vin cseiosers 4.386 Loans: saexaneninre so0s 50,000 GENERAL Orricr, Rochester; power station (transformer), Avon, | Accounts receivable... 10,599 Accrued interest....... 54 N.Y. Material and supplies. . 21,608 Accounts payable...... 8,293 Prepaid accounts...... 3,505 Sinking fund.......... 2,800 < 7 x Sinking fund.......... 2,700 Other liabilities..... 2,443 ROCKAWAY AND FAR ROCKAWAY. Suspense............-. 25,198 Profit & loss (surplus)... 19,401 GCHAN BURCDRIG RAICWAY C0.-Ghated ny 4 age | Se — and purchased on Sept. 19, 1898, at foreclosure all rights and titles of Total................61,676,451 Totals sccsisis-noseinle cvs $1,676,451 the Rockaway Village R. R. Co., which was chartered Mar. 18, 1886, and extended from the depot of the L. I. R. R. at Far Rockaway to the beach, r mile. In 1903, extended its line to Hammels, Rockaway Beach and Rockaway Park. The entire stock is owned by the Long Island Railroad Co. Annual meeting first Monday in May. CAPITAL STOCK, authorized $50,000, issued $35,000; par $100. FunpvEp Drest.—First mortgage 5 p. v. bonds, authorized and issued, $20,000; dated Aug. 21, 1898, due Apr. 1, 1918; int. payable Apr. and Oct. OpPERATION.—Year ending Dec. 31, 1913. Total operating rev- enue, $154,109; total operating expenses and taxes, $104,179; net operating revenue, $49,930; other income, $10; gross income, $49,940; interest and other charges, $30,010; surplus for year, $19,930. TRACK AND EQUIPMENT.—Miles of track (electric) owned, 7.82, trackage rights 6.84, total, 14.66; Io passenger cars. GENERAL OFFICE, Far Rockaway, N. Y. ROSLYN. New York & North Shore Traction Co. Chartered Aug. 6, 1902, as the Mineola, Roslyn & Port Washington Traction Co., and |. name changed tothe presentin 1907. The road extends from Mineola to Roslyn and Port Washington, 9.69 miles completed in 1907; from Mineola to Hicksville, 6.5 miles completed in the fall of 1908; a branch from Roslyn extends through Manhasset, Great Neck, Little Neck, Douglaston, Bayside and Auburndale to Broadway and Prince Street, Flushing, 14.37 miles, which is the present terminal and was com- pleted during 1910; there is also a branch from the junction at Central Avenue and Chestnut Street, Flushing, to Whitestone Landing. Annual meeting third Monday in Feb. CaPITAL STOCK, authorized $1,250,000, issued $150,000, in treas- ury, $1,100,000; par value, $50 per share. The issue of $839,000 addi- tional stock has been authorized by the New York Public Service Commission, First District. Funpep Dest.—Forty year 5 p.c. gold bonds, authorized ‘$3,- 000,000; dated Mar, 1, 1912, due Mar. 1, 1952; subject to call at 102 on any interest day; proceeds of issue of $800,000, authorized by the New York Public Service Commission, First District, wil] be used to retire $350,000 first mortgage bonds of Sept. t, 1907, and to discharge indebtedness to the New York & Nassau Construction Co. for work already done on the lines of the company. A special sinking fund will be established to retire discounts of $97,500, and also $342,000, the value of the property which will revert to the city at the expira- iron of the franchise; Citizens’ Savings & Trust Co. Cleveland, O., |: trustee. OPpERATION.—Year ending June 30, IgII. IgI2. 1913. Gross earnings from passengers....... $124,976 $160,722 $158,038 a “other railway operations 793 720 720 Gross inCOME..... 2... eee ee eee ee eee 125,769 161,442 158,758 General expenseS.........5+ sere 410,251 24,550 25,069 Transportation expenses.......... 60,923 62,056 58,103 Maintenance of way and structures 15,011 8,816 25,063 ae a equipment ....... es 12,192 10,731 Operating expenses... 1... esse seer eens 86,185 107,614 119,566 Net operating revenue........--++++0+ 39,584 53,828 39,192 Other income........eree secre eee eens 525 525 Gross inCOME... cee eee eee ee eer ee 54,353 39,717 TAX OS iicagv eed beverienre cleans EAN II,016 14,046 20,414 Interest on funded debt........... 17,500 17,500 Interest on unfunded debt....... 7,949 1,000 3,000 RENtS, «6 oe tdtawince So4 4 A ade es he Bue 150 225 300 Other deductions.........ee.eeeee 3,863 2,700 Net income... ....-. eevee e cece reece rece 20,469 17,719 *4,197 Adjustments.........: see eeee cet e ene 6,775 7,815 ; Total corporate surplus account......- 31,413 19,401 Operating expenses p. Cc. of earnings.. 68.53 66.65 75.31 | *Deficit. + Includes traffic. STATISTICS OF TRAFFIC. Year ending June 30, IgII. 1gI2. 1913. Revenue passengers carried......... 2,084,758 2,755,140 2,761,466 Transfers redeemed........0..+-++6+ 152,447 181,079 163,016 Passenger car miles run.......--.-- 633,233 694,472 613,TI5 Passenger car hours.......-+++++++> 63,544. 65,108 56,955 |: Car seat mileS.... cee e erence eres -30,395,100 33,211,471 29,436,864 Total receipts per car mile.......... $.198 $.232 $.2573 Operating expenses per car mile..... .136 155 -1942 ‘from July 1, 1903, to the Hudson Valley Ry. Co. Track AND EQuipMENT.—Miles of track (electric), 38.12; 19 pas- senger cars, of which 6 are of the prepayment type; 3 service cars. Orricers.—Pres. & Gen. Mgr. Geo. A. Stanley, Roslyn, N. Y.; V. Pres. B. A. Hegeman, Jr., 165 Broadway, New York City; Sec. J. A. MacElhinny, 27 Cedar St., New York City; Treas. Geo. F. Scofield, Cleveland, O.; Asst. Sec., Asst. Treas., Pur. Agt. & Audr. J. G. Moran, Roslyn; Gen. Supt. R. W. Emerson, Flushing; Claim Agt. B. R. Duff, Flushing, N. Y.; Engr. Pwr. Sta. D. Craft, Douglaston; ‘Mast. Mech. C. A. Kinsey, Roslyn. Directors.—Geo. A. Stanley, Roslyn; John J. Stanley, Geo. F. Scofield, Chas. H. Stanley, Chas. Ricks, all of Cleveland, O.; J. A. MacElhinny, B. A. Hegeman, Jr., of New York City; John G Moran, Roslyn, N. Y.; R. W. Emerson, Flushing, N. Y. GENERAL OFFICE, Roslyn, Nassau Co., N. Y.; power station at ‘Douglaston; shops at Roslyn. SARANAC LAKE. Population in Igo, 4,983. Paul Smith’s Electric Light & Power & R. R. Co.—Incor- porated in July, 1905 as Paul Smith’s Electric Light & Power Co. In May, 1906, charter was amended to allow construction of electric railway and name changed to above. In Jan., 1907, purchased all the property and franchises of the Saranac Light, Heat & Power Co. Connects Clear Lake Junction to Paul Smith’s, N. Y. Annual meet- ing in Dec. Capirat Srock, authorized and outstanding, $200,000; par $100. Funpep Dexsr.—First mortgage 5 p.c. gold bonds, authorized and outstanding, $400,000; dated May 3, 1906, due May 3, 1936; denom. $1,000; coupon, may be registered; int. payable May and Nov. | at Columbia-Knickerbocker Trust Co., New York City, trustee. OpPERATION.— Year ended June 30, 1913. Railway operating rev- enue, $8,954; railway operating expenses, $4,045; net railway oper- | ating revenue, $4,909; taxes, $461; railway operating income, $4,448; other operating income, $47,067; non-operating income, $351; gross income, $51,866; interest, $20,000; surplus for year, $31,866; total surplus, $129,638. TRACK AND EQUIPMENT.—Miles of track, 7.6; 1 double truck pas- senger car, 3 other cars, 1 steam locomotive. OrrFicers.—Pres. & Sec. Paul Smith; Treas. Phelps Smith, Paul Smith's, N. Y.; Gen. Mgr. Perley A. Gould, Saranac Lake, N. Y. DrrectTors.—Paul Smith, Phelps Smith, Arthur B. Banker, Paul Smith’s, N. Y.; J. M. Cantwell, Malone, N. Y. GENERAL OFFICE, 29 Main St., Saranac Lake, N. Y. SARATOGA SPRINGS. Population in 1900, 12,409; in 1910, 12,693. THE NORTH RIVER RAILWAY.—Chartered April 5, 1902. Annual meeting fourth Monday of June. This road was placed in operation July 6, 1903, and was leased for 48 years and 6 months All the stock ($200,000) and bonds are owned by that company. FuNDED DexsT.—First mortgage 5 p. c. gold bonds, authorized $500,000, issued $200,000; dated Jan. 1, 1903, due Jan. 1, 1952; de- nom. $1,000; int. payable Jan. and July at Hudson Valley Ry.’s office. SCHENECTADY. Population in 1900, 31,682; in 1910, 72,826. SCHENECTADY RAILWAY CO.—Chartered Feb. 11, 1895 as a reorganization of the Schenectady Street Ry. Co., which was chartered in 1886, and went into the hands ofa receiver in 1893. The reorganized company owns and operates the entire street railway system of the city, also interurban double track lines to Albany Ballston and Troy. Company also operates cars from Ballston io Saratoga over tracks owned by the Delaware & Hudson Co. In Feb., 1905, the entire capital stock was purchased jointly by the N. Y. C.& H.R. R.R. and the Delaware & Hudson Co. The one-half in- | terest of the capital stock, formerly owned by the N. Y.C.& H.R. R. R., is now held by New York State Rys. Tuesday in Feb. CaPITAL Stock, authorized $7,000,000, outstanding $4,100,000: par value, $100 per share. : Annual meeting first 204 McGRAW ELECTRIC RAILWAY MANUAL NEw YORK DivipENps.—In 1909, 4 p.c.; 1910, 61, p.¢.; in IgII, Ig12 and 1913, 6p.c. Funpep Dest,—*First mortgage 414 p-c. gold bonds, authorized and outstanding, $2,000,000; coupon, but may be registered; dated Sept. 1, rg01, due Sept. 1, 1941; denom. $1,000; int. payable Mar. and Sept. at Bankers’ Trust Co., of New York, trustee. Redeemable on and after Sept. I, 1911, at rr0 and interest. *Consolidated mortgage 4!3 p.c. gold bonds, authorized €7,500,- 000, issued $1,000,000; coupon, but may be registered; dated 1903, due May 1, 1953; denom. $1,000; int. payable May and Nov. at Harris, Forbes _& Co., New York; United States Mortgage & Trust Co., trustee. On Aug. 1, 1g04, the Schenectady Illuminating Co. as- sumed responsibility for the $1,000,000 bonds outstanding on this mort- gage, and by agreement between the Illuminating Co. and the Ry. Co. no more bonds may be issued under this mortgage. *Sinking fund of 1 p. c. of bonds outstanding commences May I, 1923, and continues to May 1, 1953, to retire either first or consoli- dated bonds. OPERATION.—Year ending Dec. 31, ——June 30,——_, IQII. Igi2. 1913. Revenue from passengers. ....... $1,266,117 Revenue from other oper. sources. 65,135 Total operating revenue........... $1,188,004 $1,208,310 1.331,252 General expenses........ 96,638 93,151 96,681 Traffic expenses.............. 7087 8,255 Transportation expenses...... 429,156 437.754 475,548 Maintenance of way and struct 101,599 99,849 100,982 oa ““ equipment..... 74,024 75,260 89,167 Expenses of operation............ 7OI,417 713,101 770,633 NG te ARRIN GS/s onc aigusstaiildeine vases ce 486,587 495,209 560,619 Other income siees ei seceee bees e ods 12,076 9,839 2,064 GLOSSHIN COM Ei-td ise eye ostoeaenes 498,663 505,048 562,083 WRAROS 2 wandulere wha saa a cedars 57,064 59,201 64,292 Interest on funded debt....... g0,000 g0,000 g0,000 is “floating debt ...... 2,537 3,340 8,053 Other deductions............. 1,275 1,275 1,267 Appropriations ....... 4,662 4447 Dotallice ¢ ois an eke aieealeea teense 155,388 158,263 163,612 NET AN COME: ois s.e cv acuaioeiences 6 343.275 346,785 399,071 Dividend capital stock............. 246,000 246,000 246,000 SUPPUSi% sey ss avec d Laman Reine es 97,275 100,785 153,071 Surplus from previous year....... 495,445 Profit and loss adjustment........ 45.715 Total surplus account............. 586,801 P. c. operating expenses to earns... 59.04 59.02 57.89 STATISTICS OF TRAFFIC. Year ending June 30, 1912. 1913. Fare passengers carried.................. 18,852,418 20,819,641 Transfer passengers.............00.00005 2,501,235 2,719,441 Pree PasSene Ci 38,645 Customers’ deposits... 2,808 Notes receivable...... 3,590 Notes payable........ 394,800 Accts. receivable..... 145,399 Sundry accounts kee 20,116 Material and supplies. 200,899 Depreciation... ....... 600,000 Prepaid & unexp.accts. 45,712 Profit & loss (surplus). 1,041,325 Total .....000cee ee $25,990,494 Total... ........ ++ 6625,990,494 TRACK AND EquipMenT.—Miles of track (electric), 216.47; 364 cars, of which 90 are double truck interurban cars, 87 double truck city cars, 140 single truck, 7 snow plow s and 4o miscellaneous cars. Orricers.—Pres. H. A. Everett, Willoughby, O.; V. Pres. E. W. Moore, Cleveland, O.; V. Pres. Will Christy, Akron, O.; V. Pres. & Gen. Mgr. Charles Currie, Akron, O.; Sec. & Pur. Agt. Russell Harter, H. Lahr, Akron, O.; Gen. Supt. W Akron, O.; Treas. J. R. Nutt, Cleveland, O.; Audr. Chas. . H. Douglas, Akron; Gen. Pass. Agt. Jas. A. Braden; Supt. of Power, William Roberts, Akron; Supt. Motor Power, P. J. Wood, Akron, O.; Ch. Engr. E. C. Stakes, Akron; Engr. Maint. of Way, E. D. Eckroad, Akron. Direcrors.—H. A. Everett, Willoughby, O.; E. W. Moore, C. W. Wason, B. Mahler, J. R. Nutt, F. S. Borton, Cleveland, O.; W. E. Hutton, Cincinnati, O.; Chas. Currie, Will Christy, Akron, O.; C. J. McCuaig, Montreal, Can.; F. H. Goff, Cleveland, O. GENERAL OrFicE, Akron, O.; power stations, The Gorge & Canton; sub. stations, Bedford, Cuyahoga Falls, Macedonia, Kent, Kenmore, Barbertown, Akron, Uniontown, New Berlin, Massillon, Beach City, Canal Dover and Midvale; repair shops, Cuyahoga FaJls, Kenmore and Canton. ALLIANCE. Population in 1900, 8,974; in Ig10, 15,083. Stark Electric Railroad Co.—Organized Jan. 1, 1903, as a consolidation of the Alliance Electric Ry. Co. and the Stark Electric Railway Co. Connects Canton, Louisville, Maximo, Alliance, Sebring, Beloit, Damascus and Salem, O. Annual meeting first Monday in Jan. CAPITAL Strock.—Common, authorized $1,500,000, outstanding $1,250,000; par $100. Divipenps.—First dividend paid July, 1908, 34 p. c., and regularly each quarter to and including Jan., 1914. On Apr. 1, 1910, a stock dividend of 25 p. v. was paid. FunpED DeEst.—First mortgage 5 p. c. gold coupon bonds, authorized and issued, $1,000,000; outstanding $958,000; dated Jan. 1, 1903, due Jan. 1, 1928; denom. $1,000; int. payable Jan. and July at Citizens’ Savings & Trust Co., Cleveland, O., trustee. Subject to call at 105, five years after date. Sinking fund of $10,000 each year from IgIo to 1915, and thereafter $20,000 per annum. OPpERATION.— Year ending Dec. 31, IQII. 1gI2. 1913. Earnings from passengers............. $241,530 $251,237 $270,503 as ‘“« freight, mail and exp.... 10,580 12,805 I4,370 vs * light and power........ 3,264 6,205 12,214 a «other sources........-45 5,208 2,070 6,006 Gross iNGOme: cw cuss cancer cosets 260,582 272,317 303,093 General expenses.............-26- 18,416 19,699 20,453 Transportation expenses. ........ 55,057 59,715 76,370 Maintenance of way and structures. 32,337 34,683 32,663 " “ equipment......... 15,750 23,962 30,225 Total operating expenses.............56 121,560 138,059 159,711 GLOSS CAPNiNg Serine eaieecaes, Kos os HORE B 139,022 134,258 143,382 Miscellaneous income............ee0005 994 174 380 OR DSi 5 5.5 ecncataclce ened oon eed. a I40,016 134,432 143,762 Interest on funded debt............ 48,950 48,450 49,950 wf “floating: 8 swe nrawcaias 149 131 MAKES) cvs iene SearéZe ca hore se pasha Sess ave ecestes 5p 9,290 13,134 13,957 Net inCome: svcd xahisicaniewageisearsaitige ts 81,776 72,699 81,724 DIVAIGENS wig o 8 bn oe exe Roe EER ENS 37,500 37,500 37,500 Surplus fon year os sac. cacus wos Mayes 44,276 35,199 44,224 Total surplus. ..... 6 cece eee eee eee 100,162 135,361 179,585 P.c. operating expensesto grossreceipts. 46.66 50.70 52.69 STATISTICS OF TRAFFIC. Year ending Dec. 31, IQII. IgI2. IQI3. Revenue passengers carried...........2,060,686 2,201,752 1,449,047 Transfers redeemed...............4.. 3,036 18,332 30,157 Passenger car hours............0.004. 49,293 55,391 64,752 Freight and express car hours........ 3.554 3,576 3,534 Passenger car miles run.............. 649,695 690,650 716,201 Freight and express car miles......... 40,056 40,908 40,532 Average revenue per car mile........ $.378 $.372 $. 401 Operating expenses percar mile...... «176 -189 +211 Operating revenue per car hour...... 4.58 4.44 “e expenses ‘* ‘‘ ‘ 2.32 2.34. TRACK AND EQUIPMENT.—Miles of track (electric), 36.42; 14 pas- senger motor and 5 passenger trail cars, 1 freight motor car and 4 service cars. OFFICERS.—Pres. C. R. Morley,Cleveland,O.; V. Pres. D. Morri- son, Cleveland, O.; Sec. E. S. Cook, Cleveland, O.; Treas. J. M. Blatt, Cleveland, O.; Audr. & Asst. Gen. Mgr. A. J. Sampson, Alli- ance, O.; Gen. Mgr. & Pur. Agt. F. L. Mowry, Alliance, O.; Engr. Power Station, John Yast, Alliance, O.; Mast. Mech. R. Miller, Alliance, O.; Roadmaster, Jno. Webber, Alliance. Direcrors.—David Morison, E. S. Cook, J. M. Blatt, Wm. Greif C. R. Morley, H. W. S. Wood, H. Boehmke, Cleveland, O.: W. H! Purcell, S. L. Sturgeon, Alliance, O. GENERAL OFFicE, Alliance, O.; power station and machine shop, Lake Park; sub-stations at Louisville and Damascus. ASHTABULA. Population in 1900, 12,949; in IgI0, 18,266. The Pennsylvania & Ohio Railway Co.—Chartered Mar. 1898, in perpetuity; municipal franchises granted Apr., 1898 and 1902, for fifty and ninety-nine years respectively. Annual meeting second McGRAW ELECTRIC RAILWAY MANUAL OHIO Saturday in Feb. This road extends westward from Conneaut (pop. 8,319)to Ashtabula (15,266) and Jefferson(pop. 1,461). In Sept., 1906, acquired the Ashtabula & Lake Shore Ry. together with Woodland Beach Park. CAPITAL STOCK, authorized $1,600,000, outstanding $1,300,000, held in treasury $300,000; par value, $100 per share. FunpED DeEbt.—First mortgage 5 p. c. gold bonds, author- ized and outstanding, $600,000; coupon, but may be registered; dated Igor and 1902; due $600,000 Mar. 15, 1921 and $100,000 Mar. 15, 1922; denom. $500; int. payable Mar. and Sept. at Citizens’ Savings & Trust Co. of Cleveland, O., trustee. General mortgage 5 p. c. gold bonds, authorized, $900,000; out- standing, $200,000; reserved, $700,000 to retire prior liens; dated Sept. 15, 1906, due Sept. 15, 1926; denom. $500; int. payable Mar. and Sept. at Citizens’ Savings & Trust Co., Cleveland, O., trustee of mortgage. OveraTIoN.—Year ending Dec. 31, gtr. IQI2. 1913. Earnings from passengers............. $114,852 es ‘“ freight, express, etc...... 6,338 GROSS ARCOM ES c.sesie ia wun ce atari eteneeas 121,190 $120,566 $124,329 Operating expenses: .:..cszieace-ckn asenate 59,803 68,479 72,637 Gross income less operating expenses.. 61,387 52,087 51,692 Interest on funded debt............ 45,000 45,000 Other interest. ccciie tens whee ss b- 920 412 TaKeS i.) e ccasie cows BAA eS HA ROS Sates 4,453 6,080 Fixed charges: ccs tc0scnas dAnccdn can 52,402 Net InCOme: + sc.<0 54 vane a kcaanneni so ae8 II,O14 595 #710 SUT Pl US icc ssc dc sicse, ancanceads ior sithateveacdidee oueee 15,622 1,592 Operating expenses p.c. of earnings... 50.66 58.22 *Deficit. BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost:of road). os. apse $2,092,853 Capital stock...........$1,300,000 “ “equipment.... 58,840 Funded debt.......... g00,000 General expenditures. 170 Audited vouchers...... 16,886 Stks.&bds. ofothercos. 100,000 Accrued interest...... 13,614 Cash cs sigue Races 9,008 Bills payable.......... 14,755 Accts. receivable...... 13,503 Accounts payable...... 39,794 Material and supplies. . 3,361 Prepaid accounts...... 334 Profit and loss......... 6,930 A Otallisssisjoratnnaiaere becuse $2,285,049 Dota acess tusawincencastad $2,285,049 TRACK AND EQUIPMENT.—Miles of track (electric), 25.50; 13 motor passenger cars; I snow plow, 1 work car and I sweeper. OrrFicers.—Pres. L. A. Robison, Ashtabula; V. Pres. J. B. Yohe; Sec. & Treas. W. B. Morris, Pittsburg, Pa.; Audr. & Pur. Agt. J. W. Coltman; Gen. Supt. Palmer Wardman; Elec. Engr. A. R. Raymer; Engr. Power Station, George Oldman; Park Mgr. J. C. Hurd, all of Ashtabula. Directors.—A. R. Raymer, Sam’l Moody, J. B. Yohe, Wyn B. Morris, Pittsburg, Pa.; L. A. Robison, J, C. Hurd, P. Wardman, Ashtabula, O.; J. D. Cummins, Conneaut, O.; H. A. Worcester, Cincinnati, O. GENERAL OFFICE AND POWER STaTIon, Ashtabula; repair shops, Conneaut, O. Ashtabula Rapid Transit Co.—Chartered Oct. 7, 1890, in per- petuity. New franchise granted April 4, 1910, for 25 years. Annual meeting second Saturday in Feb. In May, 1907, control of this road was acquired by L. A. Robison (Pres. of the Pennsylvania & Ohio Ry.) and associates. CAPITAL STOCK, authorized and outstanding, $500,000; par $100. FunpED Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $75,000; coupon, but may be registered; dated July 1, 1891, due July 1, 1911, but extended to July 1, 1921; denom. $1,000; int. payable Jan. and July at Central Trust Co., of New York, trustee. Extension mortgage 5 p. c. gold bonds, authorized, $500,000; out- standing, $372,000; coupon, but may be registered; dated Sept., 1907 due Sept. 15, 1927; denom. $500; int. payable Mar. and Sept.; Cit- izens Savings & Trust Co., Cleveland, O., trustee. OpERATION.—Year ending Dec. 31, 1913. Total operating reve- nue, $83,177; total operating expenses, $56,297; net operating revenue, $26,880; fixed charges, $27,869; deficit for year, $989. TRACK AND EQuipMENT.—Miles of track (electric), 5.36; 19 cars, of which 13 are motor cars and 6 trail cars. OrFicers.—Pres. L. A. Robison, Ashtabula; V. Pres. J. B. Yohe: Sec. & Treas. Wyn B. Morris, Pittsburg, Pa.; Audr. & Pur. Agt. J. W. Coltman; Supt. P. Wardman, Ashtabula. Drrecrors.—L. A. Robison, H. A. Worcester, J. C. Hurd, Ash- tabula, O.; J. B. Yohe, W. B. Morris, Pittsburg, Pa. GENERAL OFFICE, Spring St.; repair shop, So. Main St., Ashtabula. BOWLING GREEN. Population in 1900, 5,067; in IgI0, 5,222. Lake Erie, Bowling Green & Napoleon Railway Co.—Incor- porated in Ohio in 1go2, and operates an electric railway from Bowl- ing Green to Woodville and from Bowling Green to Tontogany; 34 miles additional are projected, from Woodville to Elmore and Grand Rapids. Connects at Bowling Green with the Toledo, Bowling Green & Southern Traction Co.; at Pemberville with the Toledo, Fostoria & Findlay Ry.; at Woodville with the Lake Shore Electric Ry., and at Tontogany with the Ohio Electric Ry. Co. The company also operates an electric light plant at Bowling Green and a Yaryan Central Station Heating Plant, which supplies hot water heat tothe principal business and residence sections of Bowling Green. On May 2, 1911, Albert E. Royce and B. C. Harding were appointed receivers. On July 16, 1913, C. G. Taylor was appointed receiver tosucceed Albert E. Royce and B. C. Harding. Foreclosure proceedings have been begun. CapiraL Srock.— Common, authorized $750,000, outstanding $428,400; preferred 6 p. c. non-cumulative, authorized and issued $250,000; par $100. FunpED Desr.—First mortgage 5 p. v. gold bonds, authorized $1,000,000, issued $429,500, outstanding $353,500; in treasury $76,000; coupon, but may be registered; dated Nov. 2, 1903, due Nov. 2, 1933; denom. $500 and $1,000; int. payable May and Nov. at Union Trust Co., Detroit, Mich., trustee. $570,500 are reserved for future exten- sions at $17,000 per mile. Interest due on May 1, IgII, was paid. RECEIVERS’ CERTIFICATES.—Receivers’ certificates, outstanding $75,000, dated May ro, 1g11, and Dec. 20, 1913. OPpERATION.—Year ending June 30, Iglo. *IgII. Igi2. Earnings from railway operation........ $28,188 $27,632 ie ‘“ heat, light and power..... 31,991 34,645 TOtal Carin B Sisco esse ere aos naan neato eencas 60,179 $29,909 62,277 Operating expenses................0.00. 44,415 23,195 +56,214 Net operating revenue.................. 15,764 6,714 6,063 OLHED INCOME, ¢ sscuscyeecninevmmgue sand beatae 6,346 GIOSSANCOME® 6.5 sacs Pony e esc e ei de Bade 13,060 6,063 MARES saciasct-sHirvoionedracarisestar sie etalvemahiia meee 5,459 3,556 Interest on funded debt.............. 15,667 ms ne Hoa ting? 0 eben water wa a4 2,510 2,373 Other deductions. : jvcccces ay ce ee skss 445 8,456 DCR Cit cn dies enya Sakae Neetu te Saas ete cease II,02I 8,322 *Including operation under receivers for 2 months. +All departments. TRACK AND EQuIPMENT.—Miles of track (electric), 24.5; 3 passen- ger motor and 11 work cars. OrFicers. — Receiver, C. G. Taylor; Ch. Engr. B. F. Miller; Elec. Engr. H. D. McKnight. GENERAL OFFICE, PowER STATION AND REPAIR SHOP, Bowling Green, O. CAMBRIDGE. Population in Ig10, 11,327. NEW MIDLAND POWER AND TRACTION CO.—Chartered Apr. 18, 1911. Purchased the Cambridge Power, Light & Traction Co, Connects Cambridge (15,000), Byesville (4,600), and Pleasant City (1.700). Furnishes commercial service and lighting in Cambridge, and Byesville. Annual meeting third Tuesday in Jan. Controlled through stock ownership by the United Service Co. CAPITAL Stock, authorized and outstanding, $400,000. FunpED Desr.—First mortgage 5 p.c. bonds, authorized and outstandg $156,000; dated 1904, due 1924; int. payable May and Nov. 14 at the Central Trust & Safe Deposit Co., Cincinnati, O., trustee. Second mortgage 6 p. c. bonds, authorized and outstanding, $200,- 000; dated July I, 1911, due July 1, 1931; int. payable Jan. and July 1 at Dayton Savings & Trust Co., Dayton, O., trustee. OPERATION.— Year ended June 30, 1913. Total operating revenue, $140,076; total operating expenses, $84,241; net operating revenue, $55,835; taxes, $3,895; interest, $22,000; surplus for year, $29,940. _ TRACK AND EQuipMENT.—Miles of track, 12.63; 6 double and 5 single truck passenger motor cars, 1 freight car, 2 service cars. OrFicers.—Pres. F. B. Atherton, Scranton, Pa.: V. Pres. C. H Howell, Coshocton, O.; Sec. & Treas. G. G. Brooks, Scranton, Pa.: eae R. . ee Coshocton, O.; Gen. Mgr. L. H. Conklin. cranton, Pa.; Supt. of Transpt. W. S. Hays, Cambrid : Elec. Engr. G. L Bascome, Scranton, Pa. : i DrrectTors.—F,. B. Atherton, Geo. G. Brooks, C. H. Howell, Warner S. Hays, Coshocton, O.; C. Cambridge, O. , GENERAL OFFICE, Scranton, Pa.; Cambridge, O. Scranton, Pa.; S. Turnbaugh, power station and repair shops, CHILLICOTHE. Population in 1910, 14,508. Chillicothe Electric Railway Light & Power Co.—Ch — t Sept. 28,1894. Reaches Ball Park and Fair Grounds. Pucdichoe ne and power. Annual meeting in Jan, OHIo. McGRAW ELECTRIC RAILWAY MANUAL 213 CaPITAL Stock, authorized and outstanding $100,000. Funpxp Dest.—First mortgage 6 p. c. gold bonds, authorized and outstanding $75,000; dated 1895, due 1925; int. payable Jan. and July 1 at Old Colony Trust Co., Boston, Mass., trustee. OPERATION.—Year ended June 30, 1913. Total operating revenue, $82, 169; total Operating expenses, $61,592; net Operating revenue, ou interest and other deductions, $8,277; surplus for year, 12,300. TRACK AND EQuipMENT.—Miles of track, 4.5; 10 motor cars, I service car. OFFIcers.—Pres. & Gen. Mgr. G. A. Vaughters; V. Pres. John P. Phillips; Sec. H. E. Holland; Treas. Michael Kramer. Direcrors.—G, A. Vaughters, John P. Phillips, Michael Kramer, H. E. Holland, Joseph P. Myers, Willard A. Story and Addison Min- shall, all of Chillicothe, O. GENERAL Office, Chillicothe, O. CINCINNATI. Population in 1900, 325,903; in 1910, 364,463. ‘Ohio Traction Co.—Incorporated in Ohio May 23, 1905, and owns $1,998,900 of the capital stock of the Cincinnati Traction Co., all the stock of the Cincinnati Zoological Co. and, with the ex- ception of directors’ qualifying shares, all the $1,500,000 author- ized and outstanding stock of the Cincinnati Car Co. It also owns a large amount of the capital stock of the Cincinnati, Dayton & Toledo Traction Co., and owns also the Traction Building, Cincinnati, O. Leases the Cincinnati & Hamilton Traction Co., 36 miles, and operates that road as its Mill Creek division. Rental, 1907-8, $77,000; 1908-g-10, $82,500; 1910-11, $88,000; : 911-12, $93,500; Igi2-13 to 1914-15, $99,000; thereafter $100,000. ; CaviraL SrocK.—Common, authorized $10,000,000, outstanding |. $8,655,000, in treasury $1,345,000; preferred, 5 p. c. cumulative, authorized $10,000,000, outstanding $8,500,000, in treasury $1,500,000. DivipENDSs.—First dividend of 1% p.c. on preferred stock was paid Aug. I, 1905, and same rate quarterly since to latest dividend date. On common, first dividend paid Nov. 1, 1909, 1 p. c.; in Igo, I p.c.; in 1911, 3 p.c. and 1 p. c. quarterly thereafter up to April, | I9I3; none since. FunpepD Desr.—First mortgage 5 p. c. sinking fund gold bonds, authorized and outstanding, $2,500,000; dated Mar. 1, rg1r, due Mar. I, 1936; denom. $1,000; int. Mar. 1 and Sept. 1; Fidelity Trust Co., Philadelphia, trustee. Subject to call as a whole on and after Mar. 1, 1916, or in part for sinking fund on Mar. 1, 1912, or any interest date thereafter at 103 and interest. Secured by mortgage on the Traction Building, Cincinnati, and on the stock of the Cincinnati Traction Co. and the Cincinnati Car Co. TRACK AND EQuripMENT.—Miles of track (electric), 36; 25 double truck passenger motor and 4 service cars, 15 other cars. OFFICERS.—Pres. W. Kesley Schoepf; V. Pres. C. P. Taft; V. Pres. Dana Stevens; V. Pres. & Sec. Walter A. Draper; Treas. W.H. MacAlister; Audr. H. L. Sanders; Gen. Mgr. T. Fitzgerald; Supt. of Transp. A. J. Ostendorf; Pur. Agt. C. Burckmyer; Ch. ‘Engr. Thos. Elliott. Drrecrors.—Julius Fleischman, C. P. Taft, Louis J. Hauck, B. L. Kilgour, Harry M. Levy, Wm. Cooper Procter, W. S. Rowe, J. V. B. Scarborough, W. Kesley Schoepf and Clifford B. Wright, all of Cincinnati, O.; Randal Morgan, Philadelphia, Pa. GENERAL OFFICE, Traction Building, Cincinnati, O. CINCINNATI & HAMILTON TRACTION CO —Organized in April, 1902, as a consolidation of the Mill Creek Valley Street Ry. and the Hamilton, Glendale & Cincinnati Traction Co. Was leased to the Cincinnati Interurban Co., but on July 6, rg05, lease was assigned to the Ohio Traction Co., and the Cincinnati Interurban Co. was then liquidated. This line extends from the Zoological Garden, Cincinnati, to Hamilton, O., via St. Bernard, Elmwood, Carthage, Hartwell, Wyoming and Glendale, with a branch from Hartwell to Lockland. Annual meeting second Monday in Feb. CapiTaL Srock.—Common, authorized and outstanding, $1,100,- ooo; preferred, 5 p. c. cumulative, authorized and outstanding, $1,100,000; par value, $100. Divipenps.—Guaranteed by Ohio Traction Co.: 5 p. c. per annum is paid on preferred stock. First dividend on common of % p. c. was paid Jan., 1904, and % p. c. again on Apr. 1, July rand Oct. 1, 1904. In 1905, 1 p.c.; in 1906, 134 p. c.: in_ 1907 and 1908, 2 p. c.; in 1909, 2% p. c.; in 1910, rate 2% p.c. until Oct., when rate was made 3p.c.; for year beginning Oct., 1911, 3% p.c.; for year beginning Oct., 1912, and thereafter, 4 p.c. OpERATION.— Year ending June 30, 1913. Rents of leased lines......... sc cen cess scene eee eeeeee eens $97.625 Other miscellaneous income..... 2... cc cece cece cece eens 600 GYOSS INCOME... 1 ee cece ee eee e eee eet ee tee enon eeees 98,225 Received for rent, salary, stationery, €tC ......... eee seen eee 600 Dividends on preferred stock. ......... see eee eee eee eee Lees 55,000 Dividends on common Stock. ..... 0... cece ee eee cece eee eee 42,625 Track AND EquipMentT.—Miles of track (electric), 36.09; motor passenger and 4 work cars, Orricers.—Pres. H. H. Hoffman, Fourth National Bank; V. Pres. B. L. Kilgour, 316 Vine Street; Sec. and Treas. A. J. Becht, 1408 Traction Bldg., all of Cincinnati, O. Direcrors.—H. H. Hoffman, C. E. Hoffman, A. J. Becht, B. L. Kilgour, Chas. P. Taft, Wm. Cooper Procter, Geo. W. Lewis. CINCINNATI TRACTION CO.—Incorporated Feb. 19, 1901, to acquire electric railways, and has leased for 99 years, with privi- lege of renewal, the Cincinnati Street Ry. Co. at a rental of 5 p.c. on the capital stock for the first year, 5% p. c. for the second year, 534 p. c. for the third year, and 6 p. c. for the fourth year and thereafter. In May, 1905, the Ohio Traction Co. obtained control. _ Annual meeting second Monday in Feb. CaPiIraL Srock, $2,000,000, of which $1,998,go0 is owned by Ohio Traction Co. OpERATION.—Year ending June 30, Igil. 1gI2. 1913. Gross income..............0e000e $5,087,149 $5,251,398 $5,142,706 Operating expenses............... 2,817,448 Net operating revenue............ 2,325,258 Other income) nia. senda alias oa 2,553 Grossi revenue ewe ssn ce canes alee 2,327,811 Deductions for taxes and interest. . 1,925,219 Net 1ncOmMe iiiaviosncawos eoigas ena 402 592 Equipment trust notes, series ‘‘A,” $90,000 6 p.c., dated Apr. I, 1908; original issue $200,000, due 1918, payable $20,000 per annum Apr. and Oct. 1; int. same dates; first payment Oct. 1, 1908; Fidelity Trust Co., Philadelphia, Pa., trustee; secured on 50 double truck cars. Equipment trust notes, series ‘‘B,” $252,000 5 p. c., dated July I, Ig10; original issue $360,000, due 1920, payable $36,000 per annum Jan. and July 1; int. same dates; first payment Jan. 1, rgiII; Fidelity Trust Co., Philadelphia, Pa., trustee: secured on 50 double truck pay-as-you-enter cars and 50 single truck open cars, Equipment trust notes, series ‘‘C,” $176,000 5 p. c., dated July 1, IgII; original issue $220,000, due 1921, payable $22,000 per annum ‘Jan. and July 1; int. same dates; first payment Jan. 1, 1912; Fidelity Trust Co., Philadelphia, Pa., trustee; secured on 50 pay-within double truck cars. Equipment trust notes series ‘‘D,” $306,000 5 p. c., dated Oct. a, 1912; original issue $340,900; $17,000 due semi-annually from Apr. 1, 1913, to Oct. I, 1922, inclusive; int. payable Apr. and Oct.; denom. $1,000; coupon, but may be registered as to principal; Fidelity Trust Co., Philadelphia, Pa., trustee; issued to pay in part for 76 double- truck closed motor cars complete; guaranteed as to principal and in- ‘terest by the Cincinnati Traction Co. TRACK AND EQuipMENT.—Miles of track (electric), 226.92; 1,257 ‘passenger cars, of which 50 are of the pay-as-you-enter type and 126 _of the pay-within type; 60 trail cars and 153 service cars. .Schoepf; V. Pres. Dana Stevens; V. Pres. and Sec. Walter A. OrFicers.—Pres. & Chairman of Executive Committee, W. Kesley Draper; Asst. Sec. D. J. Downing; Treas. W. H. MacAlister: Audr. H. L. gan ders; Asst.Treas. L. F. Haller; Gen. Mgr.T. Fitzgerald; Supt.of Transp. A. J. Ostendorf; Pur. Agt. C. Burckmyer; Claim Agt.W. E. Robinson: Ch. Engr. Thos. Elliott; Const. Engr. F. J. Venning; Real Estate & Tax Agt. J. C. Gallagher; Engr. Roadway, E. H. Berry, all of Cin- cinnati. DirecTors.—Randal Morgan, W. Kesley Schoepf, Dana Stevens, David G. Edwards, John Gates, Walter A. Draper, Geo. W. Lewis, Harry M. Levy, Theobald Felss. GENERAL OFFICE, Cincinnati, O.; repair shop, Winton Place, O. CINCINNATI STREET RAILWAY CO.—Chartered July 1, 1859, and charter renewed July 1, 1880. Municipal franchises were granted in 1896 for 50 years. Annual meeting last Wednesday in July. On Aug. 1, 1896, the Mt. Adams & Eden Park Inclined Ry. Co., the Mt. Auburn Cable Ry. Co., and the Pendleton, Mt. Lookout & East Walnut Hill Ry. Co. were absorbed. On Feb. 21, Igor, this company leased its property to the Cincinnati Traction Co. for the unexpired term of the franchise and all renewals and extensions. For terms of franchise agreement, drafted in 1913, see Ohio Trac- tion Co. CAPITAL Stock, authorized $20,000,000, issued $18,511,950; par value, $50 per share. DivipENps.—Payable quarterly in Jan., Apr., July and Oct.; 5% p. c. in 1g0T; 5% p. c. in 1902; 5% p. c. in 1903; in 1904, 6 p. c., this rate to continue until expiration of lease and renewals thereof, GENERAL OFFICE, Traction Building. [oe Cincinnati & Columbus Traction Co.—Chartered Jan. 20, 1903, in perpetuity. Annual meeting first Monday in May. Com- pleted and placed in operation Apr. 21, 1906. Connects Cin- cinnati and Hillsboro. In April, 1913. the Union Savings Bank: & Trust Co., was appointed receiver, default having been made in payment of interest on second mortgage notes, 214 McGRAW ELECTRIC RAILWAY MANUAL OHIO CapiraL Srock.—Common, authorized, $1,250,000; outstanding, $979,500; balance held in treasury; preferred, 5 p. c. cumulative, authorized, $1,250,000; outstanding, $925,500; $319,000 held in treas- ury; par value, $100 per share. FunpDED Desr.—First mortgage 5 p.c. gold coupon bonds, author- ized and outstanding $600,000; dated July 1, 1905, due July 1, 1909, but extended to Jan. 1, 1912, subsequently to July 1, 1913, and further to Jan. 1, 1914; denom. $500, $1,000, $5,000 and $50,000; int. payable July and Jan. at Union Savings Bank & Trust Co., Cincinnati, O., trustee. Subject to call at any time at par. Second mortgage 5 p. c notes, authorized $250,000, outstanding $85,240; due July 1, 1913, and extended to Jan. 1, 1914; int. payable Jan. and July 1, at the Union Savings Bank & Trust Co., Cincinnati, O., trustee. Subject to call at any time. OPERATION.— Year ending June 30, IQII. Igi2. IgI3. Earnings from passengers...............$ 89,204 $89,944 — BSS PROTG Mitac cone cutespicotie tle al 20,289 20,025 se ESS POW E tive Agence uaa ox eens 5,400 5,544 Other income and revenue.............. 4,115 1,966 GEOSS INCOME: ex eewnnsakas ee ekeu ion 119,008 117,479 $117,852 General expenses,....... ......... 6,217 5,557 6,021 Transportation expenses........... 42,848 43,396 45,108 Era ffie-EX pense): scccasayedectaitunctconiienae a I25 83 Maintenance of way and structures. . 14,193 16,868 22.075 i ““equipment....,..... 7,298 5,515 6,799 Operating expenses.................00. 70,556 71,461 80,229 Gross income less operating expenses... 48,452 46,018 37,623 Interest on bonds........... 000005 33,973 33,923 37,772 a “ floating debt............ 4,490 4,945 2,142 PARES sine gi mauk eaieiee ease ea eee we 5,911 6,865 8,238 Other deductions.............0.00 scene 5,622 3,696 Netincome.. $78,950 $91,934 $100,364 & ‘other sources.......--..05 3,465 4,241 Gross income... ... eee e eee e eee renee eeeee 78,950 95,399 104,605 General ExpenseS........-. sere cere 7,318 8,503 10,265 Cost of power.......- Sendai sae’ 13,513 17,568 20,375 Operation of cars.......+- eer e eee 13,715 18,353 20,256 Maintenance of way and structures... 6,336 12,175 12,551 “ equipment.........++- 5,830 6,402 5,985 Operating eXpenses..... 0.6... eee eee ees 46,712 63,001 69,432 Gross income less operating expenses..... 32,238 32,398 35,173 Interest on funded debt............... 19,256 26,550 26,100 a “© floating “S w...e eee e scenes 316 450 302 Taxes. cc ceeds cae saieewes cetera 3,095 3,237 2,613 Surplus for year......-. eee cece eee eres 9,571 2,161 6,158 Total surplus .,...-....--ee eee Lenten eee 34,272 12,852 Ig,OIT Operating expenses p. c. of earnings...... 63.09 66.04 66.37 NEW HOLLAND, BLUE BALL & TERRE HILL STREET RAILWAY CO.—Chartered June 24, 1903. This road connects Terre Hill with New Holland and Lancaster, Pa., and is leased to the Conestoga Traction Co. CaPITAL Stock, authorized and issued, $120,000. Track.—Miles of track (electric), 4.99. BOYERTOWN. Population in 1900, 1,709; in 1910, 2,433. OLEY VALLEY RAILWAY CO.—Placed in operation in 1902. Extends from Boyertown to Reading. The United Traction Co. of Reading owns the entire capital stock. CAPITAL STock, authorized and outstanding, $250,000; par, $50. FUNDED Dest.—First mortgage 4% p.c. gold bonds, authorized and outstanding, $250,000; coupon, but may beregistered; dated July I, Igor, due July 1, 1931; int. payable Jan. and July at the Real Estate Title Insurance & Trust Co. of Philadelphia, or at office of the company in Reading, Pa. Principal and interest guaranteed by United Traction Co. TRACK AND EQuIPMENT.—Miles of track (electric), 18.75; 6 motor cars. GENERAL OFFICE, 12 So. 5th St.; power station, 117 So. 7th St.; repair shops, 1oth and Exeter Sts., Reading, Pa. BUTLER, Population in 1910, 20,728. Pittsburg & Butler Street Railway Co.—Incorporated Jan. 16, 1905. This company commenced operation (May 1, 1907) of a rail- way connecting Pittsburg and Butler. Capiral. StTock, authorized and issued, $1,500,000; par $50.: Funpep Desr.—First mortgage 5 p.c. gold coupon bonds, author- ized and outstanding, $1,500,000; dated May 1, 1905, due May 1, 1935; denom. $1,000; int. payable May and Nov. at Pittsburg Trust Co., trustee, or Colonial Trust Co.. New York. OvERATION.—Year ending June 30, IQII. IgI2. 1913. Revenue from passengers............... $180,536 $191,415 $190,035 ‘* freight and express....... 1,080 1,245 23,539 on “« sale of power............ 12,341 II,514 12,135 ve ‘* other railway operations. 14,506 19,535 1,284 Total operating revenue................ 208,463 223,709 226,993 Other income and revenue.............. 657 542 Gross iNCOME... 6... eee ee eee eee .. 209,120 224,251 226,993 General expenses.............-...05 36,748 44,421 44,049 Operation of cars..............000. 42,104 41,218 42,336 us “power plant.......... 31,536 31,923 41,874 Maintenance of way and structures. 21,234 20,305 22,411 ie “ equipment......... 25,257 20,708 27,838 Total operating expenses............... 156,879 158,575 178,508 Gross income less operating expenses.. 52,241 65,676 48,485 Interest on funded debt............ 75,000 75,000 75,000 Interest on unfunded debt...... 47,614 48,984 49,767 ABA E Sipccd ssnaxcsanccaeosvlanclanchalevehejatalier Saso%e. suas 5,108 4,541 4,275 Deficit x ccsieatanacs | senetinneamnes 75,481 62,849 80,557 Profit and loss adjustment (credits)...... 1,849 Total Geficitec: ccnseu.e aiesees x sesrce 297,992 Operating expenses p. c. of gross earn’s. 77.71 71 79 STATISTICS OF TRAFFIC. Year ending June 30, IgIt. IgI2. 1913. Revenue passengers carried............... 811,240 823,845 846,259 Transfer Serie aie Ror t as rere 47,582 44.405 50,409 Passenger car miles run................05 632,536 618,548 631,392 Freight and express car miles run.......... 42,764 42,592 42,478 Passenger Car hours..........0seeeeeeeeee 34,831 38,745 35,200 Freight, etc., car hours...... 0. 0c. c ese e eens 3,549 3,760 3,931 Gross earnings per car mile............... 3086 = $. 3392 $.336 Operating expenses per car mile........... +232 -2373 265 TRACK AND EQuirMENT.—Miles of track (electric) owned, 33.62; operated under trackage rights, 5.5; total operated, 39.12; I2 motor passenger and g other cars, 1 locomotive, Orricers.—Pres. Geo. Heard; V. Pres. E. S. Reilly; V. Pres. & Gen. Mgr. Chas. C. Tennis, all of Pittsburg, Pa.; Sec. & Treas. & Pur. Agt. R. E. Sprenkle, Butler, Pa.; Supt. H. Haman, Mars. Pa.: Engr. Power Station, E. L. Barr; Gen. Fgt. Agt. T. D, Parrack, Pitts- burg, Pa. 24s McGRAW ELECTRIC RAILWAY MANUAL PENNSYLVANIA Direcrors.—Geo. Heard. F. F. Sneathen, E. S. Reilly, Pitts- burg, Pa.; Geo. E. Tener, Sewickley, Pa.; Chas. H. Hays, Ben Avon, Pa. GENERAL OFFICE, Butler, Pa.; power station, Renfrew; repair shop, Mars, Pa. Butler Passenger Railway Co. — Chartered June 22, 1899. Controlled by interests which control the Pittsburg & Butler Street Ry. Co. CAPITAL STOCK, authorized and issued, $250,000; par value, $50. FunpED Desr.—First mortgage 5 p.c. gold coupon bonds, author- ized and outstanding, $500,000; dated Feb. 1, 1906, due Feb. 1, 1936; denom. $1,000; int. payable Feb. and Aug. at the Pittsburg Trust Co., trustee. OpgerRATION.—Year ending June 30, 1913. Total operating rev- enue, $68,596; total operating expenses, $57,481; net Operating rev- enue, $11,115; taxes, $1,485; operating income, $9,630; other income, $2,469; gross income, $12,099; interest, $39,585; deficit for year, $27,486. TRACK AND EQUIPMENT.—Miles of track (electric), 13; 2 double truck passenger motor and 23 single truck passenger motor cars and 2 work cars. OFFICERS.—Pres. Geo. Heard; V. Pres. Chas. C. Tennis, Pitts- burg, Pa.: Sec. & Treas. R. E. Sprenkle; Gen. Mgr. E. C. Carpenter; Supt. Frank Smith, Butler, Pa. Directors.—Geo. E. Tener, Oliver Bldg., Pittsburg, Pa.; Geo. Heard, G. F. Batchelor, H. S. Evans, E. S. Reilly, Pittsburg, Pa. GENERAL OFFICE, 323 4th Ave., Pittsburg, Pa.; repair shop, But- ier, Pa. CARLISLE. Population in 1900, 9,626; in 1910, 10,303. Cumberland Railway Co.—Chartered Oct. 8, 1908, and con- trols and operates Carlisle & Mt. Holly Ry., chartered July 27, 1900; connects Carlisle (12,000), Newville (6,000), Plainfield (1,000) and Mt. Holly Springs (3,000). Annual meeting third Monday in Jan. Fur- nishes lighting and power services at Mt. Holly Springs. CaPITAL STocK, authorized $750,000, outstanding $104,000; par value, S50. FunpepD DeEsT.—First mortgage bonds, authorized $750,000, out- standing $372,000; dated July 1, 1909, due July 1, 1939. Carlisle & Mt. Holly Ry.’s first mortgage 5 p.c. gold coupon bonds, authorized and issued, $100,000; dated Feb. 1, 1901, due Feb. I, 1931; int. payable Feb. and Aug. OpERATION.—Year ending June 30, IQII. Igi2. 1913. Gross revenue from passengers............ $29,000 $36,000 $20,170 a i ‘* other railway operation. 3,000 4,000 1,755 TOtal FEVONUE. cage gence vauweisay eek ye oes 32,000 40,000 21,925 Operating expenses. ..ceceie cesses eneees 15,000 18,000 14,395 Gross income less operating expenses...... I7,000 22,000 7,530 TaXeS is stnenem ares ere 2s See eee ete goo goo 371 LOtCTCSts aa icrneeeteeerey 28 eee ke ease 5,000 5,000 18,600 Other deductions...............000e ee 5,000 5,000 360 Net inCOMme: ¢¢.0.¢Kisea worsen hecedanene 6,100 ‘11,100 “11,801 SPOtal Si RPIUS ss ciscrc:dsenijaurraiche seuss enniejeco ee tiee eles 36,000 40,000 Operating expenses p. c. of earnings....... 62 48 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IQIl. TQI2. 1913. Revenue passengers carried...........4. 230,000 333,295 412,320 Free ee BE elena sds Uocererie se 5,000 3,976 8,612 Passenger car miles run.............0085 99,000 110,160 157,680 “ 8 “HOUTS ie shee alerting, «wae as ois 9,000 9,180 13,320 Total receipts per car mile.............. $.271 $.158 $.139 Operating expenses per car mile......... .170 -I4 -OgI BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction and equip. .$485,882 Capital stock............ $104,000 Cash and current assets.. 104,000 Funded debt............ 372,009 Salewl StOC icc ss4e55% 44 31,250 Current liabilities....... 6,934 Reduction stock of other Capital stock reduced.... 246,000 corporations .......... 96,000 DefCitzwucsarseeatass yas 11,801 TOtalsesa eeece-exeen 287281093 Totals ss wiesisis cdsicae aye 7287033 TRACK 4ND EQuiIpMENT.—Miles of track (electric), 21.5; 10 motor passenger cars and 2 trail passenger cars, 2 combination motor cars and 12 service cars. Orricers.—Pres. W. H. McCrea, Newville; V. Pres. E. J. Kitz- miller, Shippensburg; Sec. Lewis Richards; Treas. Geo. Plough, Newville; Gen. Mgr., L. Richards, Carlisle. Directors.—W. H. McCrea, Geo. Plough, Newville, Pa.; Jno. Graham, Newville; S. M. Kitzmiller, E. J. Kitzmiller. C. W. Harman, J. D. Hosfeld, Shippensburg; W. F. Pascoe and J. Kirk Bosler, Carlisle; D. H. Hellar, Newville. GENERAL OFFICE, Carlisle; power station and repair shops, Mt. Holly Springs, Pa.; sub-station, West Hill. CHAMBERSBURG. Population in 1910, 11,800. Cumberland Valley Railroad Co.—Incorporated in Pennsyl- vania May 31, 1865, and operated as a steam railroad. Controls the Chambersburg & Gettysburg Electric Ry. Co. Controlled by the Pennsylvania R. R. Co. through ownership of nearly all of the out- standing stock. CariraL Srock.—Common, authorized $7,515,100, outstanding $4,848,550; first preferred, authorized and outstanding $241,900; second preferred, authorized $243,900; par value $50. OFFIcERS.—V. Pres. & Gen. Supt. M.C. Kennedy; Sec. & Treas. W.L. Ritchey; Audr. C. M. Davison; Supt. J. H. Tonge, Chambers- burg, Pa. Directors.—John P. Green, Chas. E. Pugh, Samuel Rea, N. Parker Shortridge, Philadelphia, Pa.; M. C. Kennedy, Chambers- burg, Pa.; Lewis S. Sadler, Carlisle, Pa.; S. C. Gilbert, Harris- burg, Pa.; Geo. H. Stewart, Shippensburg, Pa.; E. W. Mealey, Hagerstown, Md. OrFice, Chambersburg, Pa. CHAMBERSBURG & GETTYSBURG ELECTRIC RAIL- WAY CO.—Chartered Dec. 4, Ig00. Annual meeting second Mon- day in Jan. This road connects Chambersburg, Fayetteville and Greenwood. Controlled by the Cumberland Valley R. R. Co. CapiITaL Stock, authorized and issued, $225,000; par value, $50. $220,700 owned by the Cumberland Valley R. R. Co. FuNnDED DEBT.—5 p. c. bonds, authorized and issued, $225,000; dated May 1, 1903, due May 1,1933; denom. $1,000; int. payable May rand Nov. I at the office of Northampton Trust Co., Easton, Pa. OPERATION.—Year ending June 30, 1913. Total operating rev- enue, $41,694; total operating expenses, $37,180; net operating rev- enue, $4,514; taxes, $668; operating income, $3,846; other income, $2,440; gross income, $6,286; interest, $11,250; other deductions, $390; deficit for year, $5,354. TRACK AND EQuIPMENT.—Miles of track (electric), 13.2; 12 motor cars, I work car. Orricrers.—Pres. T. B. Kennedy; Sec. & Treas. W. L. Ritchey; Audr. C. M. Davison; Supt. D. B. Fretz, all of Chambersburg, Pa. Directors.—C. M. Davison, T. B. Kennedy, H. A. Riddle, M. C. Kennedy, J. B. Hoyer, all of Chambersburg, Pa. GENERAL OFFICE, POWER STATION AND REPAIk SHOPS, Chambers- burg, Pa. CHARLEROI. Population in rgIo, 9,615. Webster, Monessen, Belle Vernon & Fayette City Rail- way Co.—Chartered in Pennsylvania on May 1, rgo01, in perpetuity. Connects Monessen, Belle Vernon, Arnold City and Charleroi. Annual meeting, second Monday in Jan. CaPITAL Stock, authorized and outstanding $300,000; par $50. DiviDENDs.—In 1913, 3 p. c. Funpvep Dest.—First mortgage 6 p.c. gold coupon bonds, au- thorized $300,000, issued $250,000; dated Jan. 1, 1903, due Jan. 1, 1923; denom. $1,000; int. payable Jan. and July at Fidelity Title & Trust Co., Uniontown, Pa., trustee. OpERATION.—Year ended June 30, 1913. Total operating rev- enue, $85,099; total operating expenses, $49,542; net operating rev- enue, $35,557; taxes, $1,891; operating income, $33,666; interest, $15,000; dividends, $15,000; surplus for year, $3,666. TRACK AND EQUIPMENT.—Miles of track, 8.7; 11 motor cars, 2 service cars. Orricers.—Pres. & Gen. Mgr. C. F. Thompson; V. Pres. K. W. Daly; Sec. R. W. Brown; Treas. D. M. McCloskey; Supt. of Transpt. D. G. Callihan, all of Charleroi, Pa. Direcrors.—C. F. Thompson, Charleroi, Pa.; Wm. I. Berry- man, G. E. Tener, J. M. Schoonmaker, P. E. Donner, all of Pitts- burg, Pa., and H. Dallas McCabe, Monessen, Pa. GENERAL OFFICE AND REPAIR SHoprs, Charleroi, Pa. West Side Electric Street Railway Co.—Chartered in Penn- sylvania on Oct. 22, 1903, in perpetuity. Connects Monessen and Charleroi. Annual meeting second Monday in Jan. CariTaL Srock, authorized and outstanding $100,000; par $50. Divipenbs.—In 1913, I p. c. OpERATION.—Year ended June 30, 1913. Total operating rev- enue, $32,861; total Operating expenses, $18,517; net operating rev- enue, $14,344; taxes, $729; interest, $183; depreciation, $2,400; divi- dends, $1,000; surplus for year, $10,031. TRACK AND EQUIPMENT.—Miles of track, 1.8; 3 motor cars. Orricers.—Wm. I. Berryman, Pittsburg, Pa.; V. Pres. JE: McKean; Sec. R. W. Brown; Treas. K. W. Daly; Gen. Mer. C. F. Thompson; Supt. of Transpt. D. G. Callihan, all of Charleroi, Pa. Direcrors.—Wm. I. Berryman, Geo. E. Tener, Pittsburg, Pa.; K. W. Daly, J. C. McKean and Wm. R. McKean, all of Charleroi, Pa. GENERAL OFFICE, Charleroi, Pa. PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL 249 CHESTER. Population in 1900, 33,988; in 1910, 38,537. SOUTHERN PENNSYLVANIA TRACTION CO.—Incorpo- rated in Pennsylvania in June, rg1o, and on July 1, rg10, leased for 990 years the Delaware County & Philadelphia Electric Ry. Co., with the Chester Traction Co. and the Media, Glen Riddle & Rock- dale Electric Street Ry. Co. at a minimum rental of $71,990 per annum to a maximum of $106,990 per annum in 15 years. Controlled by the Wilmington & Philadelphia Traction Co. CaPiTaL Stock, authorized and issued, $10,000, all owned by the Wilmington & Philadelphia Traction Co. OPERATION.—(See Wilmington & Philadelphia Traction Co.) TRACK AND EqQureMENT.—Miles of track (electric) leased, 46.77; 37 open and 54 closed passenger cars, I4 service cars; total, 105 cars, of which 77 have motors. OFFicers.—Same as those of the Wilmington & Philadelphia Traction Co.; Div. Supt. G. Frank Hailman. GENERAL OFFICE, POWER STATIONS AND REPAIR SHops, Chester, Pa. CHESTER TRACTION CO.—Chartered Apr. 23, 1894. Annual meeting third Monday in Jan. Owns all the stock of the Union Ry. Co., 65 p. c. ($65,000) of the stock of the Chester, Darby & Philadel- phia Ry. Co., and 35 p.c. ($35,000) of the stock of the Chester & Media Ry. Co. Leases the following: Chester Street Ry. Co., go years, from Jan. 12, 1891, 10 p. c. on capital stock, $15,000, mainte- nance of organization, $200 and all taxes; Chester & Media Electric Ry. Co., 98 years, from Apr. 3, 1893, int. on bonds, $5,000, 6 p. c. on capital stock, $6,000, maintenance of organization, $200 and all taxes; Chester, Darby & Philadelphia Ry. Co., 990 years, from Jan. 1, 1894, int. on bonds, $6,250, 6 p. c. on capital stock, $6,000, maintenance of organization, $200 and all taxes; Union Ry. Co. of Chester, lease dated Apr. 27, 1894, and July 1, Ig10, 990 years, int. on bonds, $10,000, and all other obligations; Chester & Delaware Street Ry. Co., g90 years, from Mar. 22, 1899, $5,200 per annum and all taxes. In 1898, the entire capital stock of the Chester Traction Co. was pur- chased by the Wilmington & Chester Traction Co. On July 1, 1910, the Chester Traction Co. with all of its leased lines was leased for 990 years to the Southern Pennsylvania Traction Co. CAPITAL STocK, authorized and issued, $500,000; par value, $50. Funprep Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $250,000; dated May 1, 1894, due May 1, 1914; denom. $1,000; int. payable May. and Nov. at Delaware County Trust, Safe Deposit & Title Insurance Co., of Chester, trustee of mortgage. GENERAL OFFICE, 13th St. and Edgemont Ave., and power station and repair shops, Chester, Pa. Philadelphia office, 411 Denckla Bldg., Philadelphia, Pa. UNION RAILWAY CO.—Chartered Mar. 18, 1890. Annual meeting second Monday in Jan. Leased to and operated by the Chester Traction Co., which was leased to the Southern Pennsylvania Traction Co. on July 1, 1910. / CAPITAL STOCK, authorized and issued, $100,000; par value, $50. FunpED DeEsT.—First mortgage 5 p. c. gold bonds, $200,000; dated Jan. 1, 1913, due Jan. 1, 1943; coupon, but may be registered; denom. $1,000; int. payable Jan. and July at Delaware County Trust Co., of Chester, trustee of mortgage. CHESTER STREET RAILWAY CO.—Chartered July 13,1882. Annual meeting second Monday in Jan. Leased to Chester Traction Co. (which in turn was leased, on ‘July 1, 1910, to Southern Pennsyl- vania Traction Co.) for $15,200 per annum, being Io p. c. on capital “stock, and $200 per year to cover maintenance of the company’s or- ganization. CapITAL STOCK, authorized and issued, $150,000; par value, $50 per share. Dividends 10 p. c. per annum, payable Jan. and July by Southern Pennsylvania Traction Co. CHESTER, DARBY & PHILADELPHIA RAILWAY CO.— Chartered June 20, 1892. Leased to the Union Railway Co. of Chester, Pa., on Dec. 7, 1893. The Union Railway Co. is leased to the Ches- ter Traction Co., which was leased to the Southern Pennsylvania Traction Co. on July 1, 1910. The annual rental received by the Chester, Darby & Philadelphia Ry. Co. is $13,450, or 6 p. c. per annum on stock, interest on bonds and tolls on Telford road, and $200 main- tenance. : CapITAL STocK, authorized $125,000, issued $100,000; par value, $50 per share. Dividends payable Jan. and July, 6p. c. per annum. Funpep Dest.—First mortgage 5 p. c. gold bonds, authorized and issued, $125,000; dated July 1, 1893, due July, 1913; int. payable Jan. and July at Delaware County Trust Co., of Chester, trustee. CHESTER & DELAWARE STREET RAILWAY CO.—Char- tered Apr. 28, 1898, and extends from Chester to the Delaware state line, about two miles. Now leased to and operated by the Southern Pennsylvania Traction Co. Stock owned by Wilmington & Chester Traction Co. CAPITAL STocK.—Authorized and issued $50,000; par value, $50. CHESTER & MEDIA ELECTRIC RAILWAY CO.—Chartered Apr. 18, 1892. Annual meeting second Monday in Jan. Leased to Chester Traction Co. (which in turn is leased to Southern Pennsyl- vania Traction Co.) for $11,200 per annum, being 6 p. c. on stock, interest on bonds and $200 per year to cover maintenance of the com- pany’s organization. CapIraL Stock, authorized and issued, $100,000; par value, $50 per share. Dividends, 6 p. c. per annum, payable Jan and July. Funpep Dest.—First mortgage 5 p.c. gold bonds, authorized and issued, $100,000; coupon, but may be registered; dated Jan. 1, 1913, due Jan. I, 1943; denom. $1,000; int. payable Apr. and Oct. CHESTER & PHILADELPHIA RAILWAY CO.—Subsequent to the sale, on May 31, Ig10, of the property of the Philadelphia & Chester Railway Co., a reorganization was effected whereby the suc- cessor corporation is controlled and operated by the Philadelphia Rapid Transit Co. That company, in consideration of an agreement to operate the line, dated Feb. 14, rgr1, and extending for 30 years, received 51 p.c. of the stock and will retain 65 p. c. of the gross earnings, to be applied to costs of operation and local taxes. The remaining 35 p. c. is to be applied to interest, taxes levied by the United States and the State of Pennsylvania, and dividends. Extends from Chester through the boroughs of Prospect Park and Eddystone and the townships of Tinicum and Ridley, and connects with the Philadelphia Rapid Transit Co. CapPITAL STOCK, authorized and issued, $485,000; par value, $50. FunpDepD Desr.—First mortgage 5 p. c. bonds, authorized $600,- 000, outstanding $600,000; coupon, but may be registered; dated July I, 1910, due July 1, 1940; int. payable annually as earned for the first 2 years, thereafter semi-annually, at 5 p. c., on Jan. rand July 1; denom $roo, $500 and $1,000; Real Estate Title Ins. & Trust Co., Philadelphia, trustee. Subject to call at 105 after July 1, 1915. TRACK AND EQUIPMENT.—Miles of track (electric), 12.5; I motor I service car. : Orricers.—Pres. Chas. O. Kruger; V. Pres. & Treas. I. H. Silver- man; Sec. R. B. Selfridge; Asst. Sec. H. S. Meredith; Asst. Treas. J.J. Duck. GENERAL OFFIce, 800 Dauphin St., Philadelphia, Pa. car, West Chester, Kennett & Wilmington Electric Railway Co.—Chartered May 24, 1905, in perpetuity. Connects Avondale, Kennett Square, Toughkenamon and West Grove, Pa., and Yorklyn, Hockessin and Wilmington, Del. ‘Absorbed the Oxford, West Grove & Avondale Street Ry. Annual meeting second Monday in Jan. Under an arrangement made with a committee representing the bond- holders, interest will be paid at the rate of 4 p.c. per annum until June 1, 1915. After that date the rate of 5 p. c. per annum will be resumed. CaPiIraL Srock.—Common, authorized $925,coo, issued $525,000, balance in treasury; preferred, authorized and issued $75,000; par value, $50 per share. Funpep Desr.—First mortgage 5 p. c. gold coupon bonds (int. will be paid at 4 p. c. per annum until June 1, 1915, and thereafter at 5 p.c.), authorized, $1,000,000, issued, $420,000; in treasury $580,000; dated June 1, 1905, due June 1, 1935; denom. $500 and $1,000; int. payable June and Dec. at Integrity Title Insurance, Trust & Safe Deposit Co., Philadelphia, Pa., trustee. Treasury bonds may be issued for extensions. OpERATION.— Year ending June 30, IgIl. Igi2. 1913. Gross INCOME... 6. se ee eee cece eee ee eee nee $64,467 $68,549 $70,808 Operating’ EXpenSes i isc sci. wos advedvatvnars 44,888 45,951 45,836 Gross income less operating expenses...... 19.579 22,598 24,972 Other income and revenue................ II2 422 486 Total income and revenue................. 19,691 23,020 25,458 TAKES: gociccnicievanu een $64 eee ec cuss 1,032 1,738 968 Interest) ac deuwie2 20 9488 seek ee ccace rains 25 16,800 16,800 INGt INCOM isc ce eeiees ova eed ed anata 18,634 5,082 7,690 Operating expenses p. c. of earnings....... 69.63 67.03 64.73 STATISTICS OF TRAFFIC. Year ending June 30, IQII. IQI2. 1913. Revenue passengers carried............ 1,046,086 1,119,502 1,158,482 Passenger car miles run................ 249,309 253,581 248,047 Freight Sky ole Bo tanibratane salajatuson Atvererchs 40,817 35,381 32,164 Passenger car hours...............00- 21,177 21,668 21,510 Freight a4 nS Maeeawaa evant ee 8,746 8,689 7,559 Total receipts per car mile............. $.217 $.233 $.248 Operating expenses per car mile........ +154 +159 163 TRACK AND EQuipMENT.—Miles of track (electric), 20.8 owned, Ir trackage rights; 6 passenger motor, 3 freight motor cars, I service motor Car. OFFICcERS.—Pres. Geo. Kessler, Philadelphia, Pa.; V. Pres. Clarence L. Harper, Philadelphia, Pa.; Sec. & Treas. Philip E. Guckes, 931 Drexel Bldg., Philadelphia, Pa.; Gen. Mer. & Pur. Agt. H. Baluss, Kennett Square, Pa. 250 McGRAW ELECTRIC RAILWAY MANUAL PENNSYLVANIA Direcrors.—Clarence L. Harper, Philip Doerr, Thos. J. Budd, Malcom G. Campbell, Philip E. Guckes, Philadelphia, Pa.; S. R. Dickev, Oxford, Pa.; Harry W. Chalfant, Kennett Square, Pa. GENERAL OFFICE, 931 Drexel Bldg., Philadelphia, Pa.; power station and repair shop, Kennett Square, Pa. CLAIRTON. Population in rgto, 3.326. Clairton Street Railway Co.—Chartered in Pennsylvania on May 5, 1904. Annual meeting in Jan. CaPITAL STock, auth»rized and outstanding, $30,000; par $50. OvERATION.—Year ended June 30, 1913. Total operating revenue, $6,140; total operating expenses, $8,103; net operating deficit, $1,963; taxes, $476; interest, $46; deficit for year, $2,485. TRACK AND EQuIPMENT.—Miles of track, 1.013; 2 motor cars. Orricers.—Pres. Jas. D. Callery; V. Pres. J. H. Reed; Sec. W. B. Carson: Treas. C. J. Braun, Jr., Compt. C. S. Mitchell, all of Pitts- burg, Pa. Dixecrors —]. D. Callery, J. H. Reed, W. B. Carson, C. J. Braun, Jr., A. W. Stevenson. GENERAL OFFice, 1924 Frick Bldg., Pittsburg, Pa. COATESVILLE. Population in 1900, 5.721; in 1910, 11,084. CHRISTIANA & COATESVILLE STREET RAILWAY CO.— Formerly the Philadelphia, Coatesville & Lancaster Passenger Ry.Co., organized in 1994 to build from Coatesville through Parkesburg, At- glen, Christiana, and Georgetown, largely over private right of way, to Strasburg, witha branch from Coatesville to Modena. The fran- chises are perpetual. In Jan., 190g, the Susquehanna Ry., Light & Power Co. acquired the property and reorganized it under the name of the Christiana & Coatesville Street Ry. The Conestoga Traction Co. operates the road under lease at a rental of 6 p.v. on the capital stock. CapiraL Stock, authorized, $400,000; outstanding, $365,000; par value, $50 per share. TRACK AND EQuirpMENT.—Miles of track (electric), 10.69. CORRY. Population in 1910, 5,991. Corry & Columbus Street Railway Co.—Chartered in Penn- sylvania in 1904 for 999 years; franchise granted in 1906. Connects Corry and Columbus. Annual meetingin Jan. CaPITAL Srock, authorized and outstanding, $30,000. Funpep Desr.—First mortgage 5 p. c. gold coupon bonds, auth- orized $100,000, issued $60,000, outstanding $30,000; dated Jan. 1, 1907, due Jan 1, 1937; denom. $1,000; int. payable Jan. and July at Warren Savings Bank, Warren, Pa., trustee, OpeERATION.—VYear ending June 30, 1913. Total operating rev- enue, $13,000; total operating expenses, $10,000; surplus for year, $3,000. TRACK AND EQUIPMENT.—Miles of track, 5; 5 motor cars, I service car. OrrFicers.—Pres. & Gen. Mgr. C. P. Northrop; V. Pres. F. J. Haggerty; Sec. W. P. Obryan; Treas. & Audr. S. A. Orr; Elec. Engr. R. B. Edson. GENERAL OFFICE, Corry, Pa. DANIELSVILLE. Population in Ig10, 1,000. Blue Ridge Traction Co.—Chartered in Pennsylvania in rg02, and connects Slatington, Walnutport, Berlinsville, Harpers and Danielsville. CaPITAL STock, authorized and outstanding, $200,000. FuNDED DeEsT.—First mortgage 5 p. c. bonds, authorized and outstanding, $50,000; dated Jan. I, 1909, due Jan. 1, 1924; int. pay- able Jan. and July at E. P. Wilbur Trust Co., South Bethlehem, Pa., trustee. : OPEKATION.—Year ended June 30, 1913. Total operating rev- enue, $9,754; total operating expenses, $6,196; net operating revenue, $3,558; taxes, $384; gross income, $3,174; interest, $2,500; surplus for year, $674. TRACK AND EQuIPMENT.—Miles of track, 7.12; 5 motor cars, 3 service cars. OrFicers.—Pres. J. K. Hoover; Sec. H. H. Hoover; Treas. & Audr. C. C. Marsh. : Direcrors.—J. K. Hoover, H. H. Hoover, C. C. Marsh, of Danielsville, Pa.; Jay S. Moyer, Bethlehem, Pa.; James S. Foote, Geo. T. Oplinger, Slatington, Pa. GENERAL OFFICE, Danielsville, Pa. DANVILLE. Population in IgI0, 7,517. Danville & Sunbury Transit Co.—Chartered in Pennsylvania in Ig04 as successor to the Danville & Sunbury Street Ry. Co. An- nual meeting first Monday in May. CaPIrAaL Srock, authorized $72,000, outstanding $57,000; par $50. OpEeRATION.—Year ended June 30, 1913. Total operating revenue, $9,470; total operating expenses, $7.049; net operating revenue, $2,421; taxes, $206; operating income, $2,215; other income, $800; gross in- come, $3,015; other deductions, $4,376; net deficit, $1,361. TRACK AND EQUIPMENT.—Miles of track, 2.5; 5 cars. OrFIcErs.—Pres. Simon Krebs, Somerset, Pa.; Sec. & Treas. Chas. P. Hancock, Danville, Pa.; Gen. Mgr. Arthur H. Woolley, Danville, Pa. DirecTors.—Simon Krebs, C. F. Ule, Jr., Geo. J. Krebs, John Snyder. all of Somerset, Pa.;C. P. Hancock, Arthur H. Woolley, Ralph Kissner, all of Danville, Pa. GENERAL OFFICE, Danville, Pa. DOYLESTOWN. Population in 1900, 2,900; in I9I0, 3,304. Philadelphia & Easton Electric Railway Co.—A reorgan- ization of the Philadelphia & Easton Ry. Co., sold at trustee’s sale May 31, 1907. Annual meeting first Monday in May. Connects Doylestown and Easton and makes connections with Philadelphia, Newton, Trenton and Bristol, and Lehigh Valley lines. Receivers were appointed, in 1912, by Judge Ryan in the Bucks County Court. CariraL Stock.—Common, authorized $265,000, outstanding $258,800, in treasury $6,200; preferred 5 p. c. non-cumulative, author- ized $365,000, outstanding $354,800, in treasury $10,200; par value, $50 per share. Preferred shares have no vcting power. FunpEeb Desr.—First mortgage 4 and 5 p. c. gold coupon bonds, authorized $1,000,000, outstanding $911,000, in treasury $89,000; dated 1908, due Sept. 1, 1927; denom. $1,000; int. payable Mar. and Sept. at office of Girard Trust Co., Philadelphia, Pa., trustee. Inter- est 4 p.c. to Sept. 1, 1g1I, and 5 p.c. thereafter. OpERATION.— Year ending June 30, IgII. Igi2. 1913. Revenue from passengers.................$84,883 $85,171 $90,920 ms si freight ere ree 10,406 11,694 14,205 ae ‘““o’r railway operation........ 2.434 2,213 1,920 Total operating revenue................... 97,723 98,978 107,045 General expenses............. 220.00. 95533 9,000 4,954 Cost: of poOwe tissue sss aaie shacsiuerenst ies tare 24,732 26,895 Operation: of ‘Cars snc ees ewe aens 19,082 21,021 48,502 Maintenance of way and structures..... 15,676 12,679 22,800 a ; ‘“ equipment............ 5,347 3,346 4,440 Total operating expenses.................. 74,379 72,94f 80,696 Net operating revenue.................... 23,353 26,037 26,349 Outside operations..................00.00., 995 93 330 Potal net eventes ss cctv isn dennis oo 24,348 shane 26,679 Interest on funded debt............... 35,573 28,848 1,756 Taxes........ IS GAS GW Ondine Salah Re 8 2,699 2,454 1,152 Other deductions. .................... 22 2,231 5,344 DENG tic ccna en, jeaceeeeeeaaae Lee 13,946 7.403 *18,427 *Surplus. : STATISTICS OF TRAFFIC, Year ending June 30, IQIi. Igt2. 1913. Revenue passengers carried .......... 1,618,661 1,707,759 1,816,751 Passenger car milesrun........... . 415,029 442,022 = 441,791 Freight and express car milesrun..... 36,652 39,034 37.538 Passenger car hours ssc. es coed accion 27,430 28,879 29,011 Freight and express car hours........ 6,115 6.352 6,376 Total receipts per car mile.......... $.2683 $.210 g 05 Operating expenses per car mile...... - 1646 -I5I ; TRNee AND EQuipMENT.—Miles of track (electric), 32, of which 24 miles are on private right of way; 8 motor freight and 2 work cars, rt snow plow. Poe ee OFFicers.—Reccivers, Augustus E. Sickler and Godfrey Schmid- heiser, Philadelphia, Pa.; Pres. A. H. Sickler, Philadelphia, a V. Pres. Amos Johnson, Lambertville, Pa.: Sec., Gen. Mgr., Pur. Agt. & Gen. Fgt. Agt. W. S. Chambers, Doylestown, Pa.; Treas. H. G. Rush, Lancaster, Pa.; Asst. Supt. Wm. Steele, Raubsville, Pa. Directors.—L. Butler Hillard, Wilkes-Barre, Pa.- A. H. Si A. C. Patterson, Philadelphia, Pa.; H. G. Rush, Jno. E ee Lancaster, Pa.; Chas. A. Kunkle, Harrisb Pa.: nos. : moe ee tisburg, Pa.; Amos Johnson, GENERAL OFFICE, Doylestown, Pa.; i i fee power station and repair ee DOYLESTOWN & WILLOW Connects Doylestown, Hatboro and W is made with the Philadelphia Rapid 1903, leased the property for 999 years. CAPITAL STOCK, authorized and issued, $500,000; par value, $50 GROVE RAILROAD co.— illow Grove, where connection Transit Co., which on July 1, PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL 251 ‘ Funpep Degr.—First mortgage 5 p.c. gold coupon bonds, author- ized and issued, $500,000; dated 1900, due June 1, 1930; denom. $1,000; int. payable June and Dec. at Land Title & Trust Co., of Philadelphia, trustee of mortgage Interest is guaranteed by the Philadelphia Rapid Transit Co. TRACK AND -EQuipMENT.—Miles of track (electric), 13.635; II motor cars. POWER STATION, Neshaminy, Bucks County, Pa. DU BOIS. Population in Ig1o0, 12,623. Du Bois Electric & Traction Co.—Incorporated Nov. 15, IQOL, as the American Town Light Co., and namechanged later to above. Is a consolidation of the Du Bois Electric Co. and the Du Bois Traction Co. Both street railway and electric lighting franchises are per- petual and exclusive. Controlled by interests that control United Traction Street Ry. Co. Annual meeting May tr. CaPITAL STock, authorized and outstanding, $300,000; par $100. FunpEp Dest.—Collateral trust 5 p.c. gold bonds, authorized $300,000, outstanding $297,000; coupon, but may be registered; dated 1902, due May, 1932; denom. $500; int. payable May and Nov. at Columbia-Knickerbocker Trust Co., New York, trustee. Bonds are subject to call at any time at 105 and interest. Du Bois Traction Co.’s 7 p. c. bonds, authorized and outstand- ing, $50,000; dated April 15, 1902, due 1932; int. payable April and Oct. I. *OPERATION.—Year ending June 30, IgII. Igi2. 1913. Total operating revenue ................. $46,376 $46,357 $51,128 Total operating expenses................. 28,316 35,469 34,351 Net operating revenue..............0000- 18,060 10,888 16,777 IMtERESt vecvicainre i nciy Shs Oe once aed 3,500 3,500 3,500 TaneSiee sav asd cece a tale eee eee 782 466 863 Net divisible income................ + 13,778 6,922 12,414 Dividends! .yiciss cece cuca de aan 2,650 Surplus from previous year.............. 11,128 17,484 24,266 Profit and loss adjustments.............. 5,344. 140 1,057 LOtalSur plus isso cdictauncteedeed ees S36 17,484 24,266 37,737 Operating expenses p. c. of earnings...... 61.87 76.51 67.2 *Report for Du Bois Traction Co. only. + Credit. TRACK AND EQUIPMENT.—Miles of track (electric), 19; 1 double and 7 single truck pass. motor cars, 2 trail pass. cars, I service car. Orricers.—Pres. & Gen. Mgr. Austin Blakeslee; V. Pres. J. E. Merris; Sec. M. I. McCreight; Treas. B. B. McCreight; Supt. Robt. B. Blakeslee; Engr. Power Station, Grant Doutt, all of Du Bois. Direcrors.—M. I. McCreight, Austin Blakeslee, J. E. Merris, Frank Hahne, Walter Hatten, A. L. Cole, W. H. Cannon, all of Du Bois Pa.; Robt. W. Beadle, Dagus Mines, Pa. GENERAL OFFICE, POWER STATION AND REPAIR SHOP, DuBois, Pa. United Traction Street Railway Co.—Chartered Apr. 1, 1905. Road opened for traffic Mar. 1, 1906. On July 1, 1908, acquired United Traction Extension Street Ry. Co. Connects Du Bois, Sykes- ville and Big Run. Controlled by interests that control Du Bois Electric & Traction Co. CAPITAL STock, authorized and outstanding, $200,000; par $50. Funpep Dexsr.—First mortgage 5 p. c. bonds, authorized and outstanding, $100,000; dated Apr. 1, 1906, due Apr. I, 1936; int. pay- able Apr. and Oct. : United Traction Extension first mortgage 5 p. c. bonds, author- ized and outstanding, $100,000; dated Jan. 1, 1908, due Jan. 1, 1938; int. payable Jan. and July. OpERATION.— Year ended June 30, 1913. Total operating revenue, $46,563; total operating expenses, $26,430; net operating revenue, $20,133; taxes, $1,494; other income, $819; gross income, $20,952, interest, $10,000; net divisible income, $9,458; dividends, $10,000; deficit for year, $542. Track AND EquipMENT.—Miles of track (electric), 12.38; 4 motor passenger cars. OrrFicers.—Pres. & Gen. Mgr. Austin Blakeslee; Sec. & Treas. M. I. McCreight; Supt. Robt. B. Blakeslee; Engr. Power Station, Grant Doutt, all of Du Bois, Pa. Directors.—A. Blakeslee, M. I. McCreight, W. H. Cannon, W. Hatten, H. E. Ginter, F. Hahne, Du Bois, Pa.; Jacob Sykes, Sykes- ville, Pa.; Chas. H. Irvin, Jno. McClure, Big Run, Pa. GENERAL OFFICE AND REPAIR SHops, Du Bois, Pa. EASTON. Population in 1900, 25,238; in IgIo, 28,523. EASTON CONSOLIDATED ELECTRIC CO.—Chartered in New Jersey in 1899 to control the Easton Transit Co., the Easton, Pal- mer & Bethlehem Street Railway Co., the Phillipsburg Horse CarR.R. Co., of Phillipsburg, N. J., the Edison Illuminating Co., of Easton, Northampton Central Street Ry. Co. and Easton & South Bethlehem Transit Co. A controlling interest in. the capital stock of these companies was acquired, and later, the Easton, Palmer & Bethlehem Street Ry. Co., the Northampton Central Street Ry. Co., and the Easton & South Bethlehem Transit Co. were merged with the Easton Transit Co. Owns all the stock of the Pennsylvania Motor Co. Annual meeting second Monday in March. In July, 1913, the Lehigh Valley Transit Co. acquired control by purchase of all outstanding stock, except directors’ shares. CapiraL Srock, authorized, $1,500,000; paid in, $750,000 ($25 per share); par, $50; all owned by Lehigh Valley Transit Co. DivipENbs.—July, 1900, 3% p. c. on $10 paid in; Sept. 1901, and Mar. and Sept., 1902, 3 p. c. on $15 paid in; Mar. and Sept., 1903, 4 p. c. on $15 paid in; none subsequently till 1905, although $5 addi- tional was called on stock; Dec., 1905, $2.50, which was credited on assessment of $5, making stock 50 p. c. paid in; Oct., 1906, 2% p.c.; Apr. and Oct., 1907, 2% p.c.; Nov. £, I9gII, 2 p.c.; in 1912, May, 2 p.c.; Nov., 2 p.c.; in 1913, May, 2 p.c.; Nov., 2p. c. Funpep Drsr.—Collateral trust 5 p. c. gold bonds, authorized, $1,300,000, outstanding, $1,237,000; in escrow to retire prior liens of con- stituent companies, $60,000; coupon, but may be registered; dated May 1, 1899, due May 1, 1949; denom. $500 and $1,000; int. payable May and Nov. at Girard Trust Co., of Philadelphia, trustee. The following bonds are guaranteed by the Easton Consolidated Electric Co.: Easton & South Bethlehem Transit Co.’s first mortgage 5 p. c. gold coupon bonds, authorized, $500,000, outstanding, $447,000; dated July 1, 1906, due July 1, 1936; denom. $1,000; int. payable Jan. and July at Edw. B. Smith & Co., Philadelphia, Pa., and Easton Transit Co., Easton, Pa. Sinking fund of $5,oooannually commenced June1, 1908. Subject to call after July 1, rgI1, at 105 and interest. Easton, Palmer & Bethlehem Street Ry. Co.’s first mortgage 5 p. c. gold bonds, authorized and issued, $200,000; dated Jan. 1, 1899, due Jan. 1, 1919; int. payable Jan. and July at United States Mort- gage & Trust Co., of New York, trustee of mortgage. OpERATION.— Year ending Dec. 31, IQII. Igt2. 1913. Gross income from railways............ $401,736 $427,536 $468,508 Operating expenseS.......... 0... 00.00. 258,759 277,298 286,631 Gross inc. less oper. expenses.......... 142,977. 150,238 181,877 Interest: and, TAKES... loess te wie 51,913 53,239 54,714 Loss Easton Amusement Co....... 3,585 2,663 726 Nie Gin CONE tase tua Seeeeae naw aieaenrctae, We alas ol 87,479 94,336 126,437 Net from lighting plant................ 27,791 24,719 23,013 Intéreston income’. sage cawinnauad eeu ss 95 64 Totalearnings ..aavs sas eeeks aay acave 115,305 119,119 149,450 Interest collateral trust bonds........... 61,850 61,850 61,850 Expenses and taxeS..............0eeeee 7,842 7,835 9,227 To surplus account..............-..222- 45,673 49,434 78,373 DIVICEN Ss cicni ica raaias dake deine sw Renee 15,000 30,000 30,000 SUPPIOS o.oo ik dusieodeals Sct sete eee eens 30,673 19,434 48,373 Oper. expenses p. c. of earnings........ 65.90 STATISTICS OF TRAFFIC. Year ending Dec. 31, IgIo. IQII. Igi2. Revenue passengers carried....... Transfers. convsnnancs nies veers osu t 7,623,736 7,884,780 9,952,211 Car miles) rum: <3. 5 seincacsulein ns socee 1,606,435 1,644,235 1,665,380 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road and equip.$2,867,588 Capital stock.......... $ 750,000 Bonds of other cos..... 20,602 Funded debt.......... 1,944,000 A Seton brace inseam nes woe 94,522 Accrued interest....... 11,208 Accounts receivable... 719 “ CAKES: ccc bots 17,606 Material and supplies... 10,900 Accounts payable...... 13,126 Prepaid accounts...... 448 Reserves.............. 78,099 Deferred charges...... 8,722 Profit andloss(surplus) 190,337 Other assets........... 875 TOtal aes Recut kes $3,004,376 Totals wsrateste-cac ccc $3,004,376 TRACK AND Equipment (of controlled companies).—Miles of track, 53.707; 59 passenger motor cars, 35 open cars, 10 service cars. Orricers.—Pres. H.R. Fehr, Allentown, Pa.; 1st. V. Pres. S. H. Hackett; Sec. & Treas. F. A. Hazzard; Asst. Sec. & Treas. S. H. Sargent, Easton, Pa. Directors.—H. J. Steele, S. H. Hackett and Chester Snyder, Easton. Pa.; H. R. Fehr, Allentown, Pa.; W. H. Walters, Phillipsburg, N. J.; Thos. Newhall, Albert L. Smith and John Dawson, Phila- delphia, Pa. GENERAL OFFIcE, N. E. cor. Broad and Chestnut Sts., Philadel- phia, Pa. Power stations, Easton and Butztown. EASTON TRANSIT CO.—Chartered March 27, 1866, as Easton & South Easton Passenger Ry.; name changed Aug. 8, 1892. On Mar. 15, 1893, leased the Pennsylvania Motor Co. On Jan. 3, 1908, absorbed properties of the Easton, Palmer & Bethlehem Street Ry. Co., the lo LN to McGRAW ELECTRIC RAILWAY MANUAL PENNSYLVANIA Northampton Central Street Ry. Co. and the Easton & Bethlehem Transit Co. The Easton & South Bethlehem Transit Co., formerly leased and operated, was merged on Jan. 10, 1909. Connects Easton, Bethlehem, South Bethlehem, Nazareth, Freemansburg, Pa. Annual meeting second Monday in Jan. All the capital stock is owned by the Easton Consolidated Electric Co. CapiTaL STOCK, authorized and issued, $2,150,000; par value, $50- TRACK AND EQUIPMENT.—Miles of track (electric), 51.78; 55 motor cars, 32 trail cars, 2 snow plows, I sweeper. Orricers.—Pres., Gen. Mgr. & Pur. Agt. H. R. Fehr, Allentown, Pa.; V. Pres. S. H. Hackett, Easton, Pa.; Sec. & Treas. F. A. Haz- zard, Easton, Pa.; Asst. Sec. & Asst. Treas. S. H. Sargent, cor. Broad and Chestnut Sts., Philadelphia, Pa.; Supt. H. H. Patterson; Claim Agt. C. B. Brunner; Engr. Maint. of Way, C. E. Jenkins; Mast. Mech. Robert C. Green, all of Easton, Pa. GENERAL OFFICE, 16th and Washington Sts., and repair shops, Easton, Pa. PENNSYLVANIA MOTOR CO.—Chartered Nov. 13, 1888, leased Mar. 15, 1893, to Easton Transit Co. for 99 years, atan annual |- rental of $3,600. Entire capital stock is owned by the Easton Con- solidated Electric Co. Operated by the Easton Transit Co. CAPITAL Stock, authorized and issued, $120,000; par value, $50. FunpED Dexzr.—First mortgage 6 p. c. bonds, authorized and issued, $60,000; dated Apr. 1, 1891, due Apr. 1, 1941; denom. $100 and $500; int. payable Apr. and Oct. at company’s office; trustee of mortgage, Lackawanna Trust & Safe Deposit Co., of Scranton. TRACK AND EQuIPMENT.—Miles of track (electric), 2.3. Northampton-Easton & Washington Traction Co.—Incorpo- rated in New Jersey on Oct. 13, 1902. Operates in connection with the Northampton Traction Co., also incorporated in 1902, and con- nects Easton, Bangor and Nazareth. Municipal franchise granted in 1900 in perpetuity. The majority of the stock of the Northampton- Easton & Washington Traction Co. is owned by the Northampton Traction Co. Annual meeting second Monday in Jan. CaprraL Stock.—Northampton-Easton & Washington Traction Co., authorized and outstanding $1,250,000; par $100; Northampton Traction Co., authorized and outstanding $500,000; par $50. Funpep Dexsr.—Northampton Traction Co. first mortgage 5 p. c. gold coupon bonds, authorized $400,000, outstanding $349,500; dated Jan. 1, 1903, due Jan. 1, 1933; denom. $100, $200, $500, $1,000; int. payable Jan. 1 and July rt at Northampton Trust Co.., trustee. First mortgage (with Northampton-Easton & Washington Trac- tion Co.) 5 p. c. sinking fund bonds, authorized $5,000,000, out- standing $550,000; dated rgto, due May 1, 1950; denom. $100, $500 and $1,000; int. payable May and Nov. at P. W. Brooks & Co., New York; Bankers Trust Co., New York, trustee. Bondsare an absolute first mortgage on the entire property of the Northampton-Easton & Washington Traction Co., and, after retirement of the $350,000 out- standing bonds of Northampton Traction C »., will be a first lien upon its property also. Guaranteed principal and interest by Northampton Traction Co. OpeRATION—(Combined property).—Year ending Dec. 31, IQgII. Igi2. 1913. GROSSiINGOME a kis ha sees Hees 6 Ab $172,917 $126,634 $188,930 Operating expemses...........--0e eee 95,038 83,116 104,571 Net operating revenue...............-. 77,879 43,518 84,359 Track AND EQuipMENT.—Miles of track (electric), 25; I9 motor cars, I work car, 2 snow plows. Orricers.—Pres. David King, Newark, N. J.; Gen. Mgr. & Sec. W. O. Hay, Easton, Pa.; Treas. W. L. Doyle, Trenton, N. J.; Solici- tors, E. J. and J. W. Fox. Directors.—T. A. H. Hay, Easton, Pa.: David King, Newark, N. J.; W. L. Doyle, Trenton, N. J.; A. B. Haring, Frenchtown, N. J.; M. P. McGrath, Worcester, Mass. ; E. C. Stokes, Trenton, N. J.; A. M. Paff, Bangor, Pa.; Wm. F. Clause, Allentown, Pa.; H. E. Mitchell, Philadelphia, Pa. GENERAL OFFICE, 341 Northampton St., Easton, Pa.; power sta- tion, Walter’s Upper Mills, Pa. Weygadt Mountain Railway Co.—Operates on the Weygadt Mountain outside the city of Easton as summer excursion road three months in the year. TRACK AND EQUIPMENT.—Miles of track, 2; 1 motor car. Orricers —Pres. J. Marshall Young; Sec., Treas. & Gen. Mgr. D. W. Nevin. GENERAL OrFFIcE, Easton, Pa. ELK LICK. Population in IgI0, 1,000. Pennsylvania & Maryland Street Railway Co.—Connects Elk Lick, Salisbury, Myersdale and Garrett. CaprraL Srock, authorized $410,000, par $50 outstanding $190,600; Fuxpep Dest.—First mortgage 5 p.c. gold bonds, authorized and outstanding $1,000,000; dated Aug. 22, 1908, due Jan. 1, 1928; denom, $500 and $1,000; int. payable Jan. and July at Farmers’ Loan & Trust Co., New York City, trustee. TRACK AND EQuipMENT.—Miles of track, 12.5; 4 cars. OrFicers.—Pres. C. H. Jennings, Towanda, Pa.; V. Pres., Gen. Mgr. & Pur. Agt. H. H. Manst; Sec. & Treas. J. L. Barchus; Elec. Engr, John Blough. GENERAL OFFIce, Elk Lick, Pa.; power station and repair shops, Boynton, Pa. EPHRATA. Population in 1900, 2,451; in 1910, 3,192. EPHRATA & ADAMSTOWN RAILWAY CO.— Chartered Sept. 17, 1901. Leased to the Conestoga Traction Co. for 999 years at a rental of 6 p. c. on capital stock. CaPITAL Srock, authorized and issued, $225,000. Track.—-Miles of track (electric) 8.11. ERIE. Population in 1900, 52,733; in 1910, 66,525. ERIE ELECTRIC MOTOR CO.—Chartered Oct. 8, 1888, in per- petuity. Annual meeting third Tuesday in Jan: In 1888 acquired control of the Erie City Passenger Ry. Co., and leased its lines for 999 years at a rental of 6 p.c. on its capital stock. In 1896 the Erie, Reed Park & Lakeside Street Ry. was acquired. In 1906 the Buffalo & Lake Erie Traction Co. leased for 999 years all the property. CapiraL STock, authorized and issued, $1,250,000; par, $100. FunpeD Depstr.—See Buffalo & Lake Erie Traction Co. TRACK AND EQUIPMENT.—Miles of track (electric), 39.78, included in Buffalo & Lake Erie Traction Co. Cleveland & Erie Railway Co.—Incorporated in June, 1909, in perpetuity. Successor to Conneaut & Erie Traction Co., foreclosed; owns all the stock ($50,000) and bonds ($50,000) and leases the Con- neaut & Erie Traction Co., of Ohio, which owns 1.99 miles of track. Extends from Conneaut, O. (12,000), to Girard (1,250) and Erie, Pa. Enters Erie over tracks of the Buffalo & Lake Erie Traction Co. Annual meeting first Monday in Sept. CapiraL Srock.—Common, authorized and issued, $300,000; par $100. Funpep Dest.—First mortgage 5 p.vc. gold bonds, authorized $800,000, issued $500,000; denom. $250 and $500; coupon; dated July 1, 1909, due July 1, 1929; int. payable Jan. and July 1 at office of Fidelity Trust Co., Philadelphia, trustee. Subject to call Jan. and July 1, at 105 and int. on 3 months’ notice. Treasury or unissued bonds may be issued for extensions, betterments, improvements or acquisitions. Income 5 p. c. gold registered bonds, authorized and outstanding $500,000; dated July 1, 1909. due July 1, 1929; int. payable July 1 if earned; denom. $250 and $500; subject to call at par; interest at Fidelity Trust Co., Phila., Pa., trustee. OvERATION.— Year ending June 30, IQII. IgI2. 1913. Gross revenue from passengers........ $ 99,084 $100,674 $104,928 se ws ue Pelt sallncvdenians a. 11,853 11,937 12,873 a 7 oe ‘other ry. oper...... 1,127. 707 855 GOSS: COME io 1c acctavacers sestaveransun si ease aie tete 112,064 113,318 118,656 General expenses .............0000. 16,075 15,917 17,388 Power HES on 9 (ibaa hyalaitids anaes ern brs IT,003 11,666 =11,933 Operation of cars................4. 20,679 23,149 22,923 Maintenance of way and Structures... 16,632 13,021 6,875 a, “* equipment.......... 10,469 9,992 7,683 Total operating expenses................ 74,858 73.745 66,802 Gross income less operating expenses.... 37,206 39,573 51,854 Other incomes: ciscesenwies eo een dean sewer 18 "ary Total.... lla Scena aaties item agers tate ean «ole 39,591 52,071 IMereSth.n.0 40 chowae ee cccrcis ea daecad 25,000 25,000 25,000 Pisa Baie os Math SEARS eb gwen ieee Ba MCs ey 3,760 3,238 oho OBIS ors donancscusltuauacdva aig @latserens ; 10,0 is Other déductions...05. cceecsy enc ocan ve o +16 Ste Net INCOM CS i550 6 acasars trea doortcrdonlaeins 2Y 6 *2,8 Deficit from previous year.............. 6 as8 7 coe Profit and loss adjustment............... 37 1,329 951 Total deficit sol fro pean LeMans Riley as Wags Bee hb wee 7,650 5,585 7,491 Operating expenses p. c. of earnings..... 66.71 65.07 56.20 *Deficit. {Depreciation and replacements. STATISTICS OF TRAFFIC, Year ending June 30, IgIr. 1912 I Total passengers carried,............ 749,403 fac ad ue oat Passenger car miles: ruts. «co v4 csieva's 427,552 419,371 416,453 Freight We cadiars auetes. e's 20,495 20,530 21,527 Car hours, Passenger............... 26,994 27,352 28,213 freight ced gecse ree 3,586 3,764 3,733 Average revenue per car mile...... $.2501 $.2578 $.2710 Operating expenses per car mile..... -1671 -1677 +1525 PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL 253 BALANCE SHEET.—Dated June 30, 1913. ASSETS, LIABILITIES. Cost of road & equip...$1,301,560 Capital stock.......... $ 300,000 Stocks of other cos.... 5,000 Funded debt.......... 1,000,000 onds ‘ Men deere 5,000 Other accrued accounts 16,563 Cash wus hietiuwieoekecas 5,759 Accounts payable...... 9,613 Material and supplies. . 1,056 Prepaid accounts...... 309 Profit and loss (deficit). 7,492 Ota seiesedr a eaiewsd $1,326,176 TOtalhsecuisary wetter fies $1,326,176 TRACK AND EQUIPMENT.—Miles of track, 31.29; 7 double truck pass. motor cars and 3 trail cars, 1 freight motor car, 7 service cars. _ OrFicers.—Pres. C. E. Willock, Pittsburg; V. Pres. J. S. Rilling, Erie, Pa.; Sec. J. M. Smith, Girard, Pa.; Treas. J. R. McDonald, Erie; Gen. Mgr. & Pur. Agt. R. W. Palmer, Girard, Pa.; Engr. Power Station, B. H. Sheldon, No. Girard, Pa.; Mast. Mech. F. L. Peters, Girard, Pa.; Roadmaster (Eastern Div.), H. H. Waldo, Girard, Pa.; Roadmaster (Western Div.), A. L. Everett, East Springfield, Pa. Dixecrors.—Chairman, C. E. Willock, Pittsburg, Pa.; A. M. Poole, New York City; J. S. Rilling, Jno. R. McDonald, T. D. Willis, Wm. Culbertson, Erie, Pa.; T. Woods Sterrett, Fairview, Pa.; R. W. Palmer, Girard, Pa.; J. Miles Hall, East Springfield, Pa.; W. F. Andrews, North Girard, Pa.; Allen M. Cox, Conneaut, Ohio. GENERAL OrrFice, Girard, Pa.; power station and repair shops, Elk Creek, Pa. GETTYSBURG. Population in IgI0, 4,030. Gettysburg Railway Co.—Chartered in Feb., 1910, as successor to the Gettysburg Transit Co., sold under foreclosure. Controls the Gettysburg Light Co. Connects Gettysburg and Little Round Top. CaPITAL STock, authorized and outstanding, $50,000; par $50. FunpEpD Drexsr.—First mortgage 5 p. c. gold bonds, authorized $50,000, outstanding $47,000; dated Mar. 1, 1910, due Feb. 2, 1940. OPERATION.—Year ending Dec. 31, 1913. Total operating rev- enue, $6,516; total operating expenses and taxes, $4,633; net rev- enue, $1,883. TRACK AND EquipmMentT.—Miles of track, 6.5; 7 motor cars, I service car, 2 other cars. OrFicers.—Pres. C. J. Craft; V. Pres. J. F. Hollowell, Fourth & Market Sts., Philadelphia, Pa.; Sec. & Treas. C. T. Leland, 414 Harrison Bldg., Philadelphia, Pa. Drrectors.—C. J. Craft, J. F. Hollowell, C. T. Leland, Geo. W. Roydhouse, Thos. P. Turner. GIRARDVILLE. Population in 1900, 3,666; in 1910, 4,396. Schuylkill Railway Co.—Incorporated on July 20, 1903, in Pennsylvania; acquired by purchase on Apr. 18, Ig905, the Schuyl- kill Traction Co., the Mahanoy City, Shenandoah, Girardville & Ashland Street Ry. Co., the Ashland, Locustdale & Centralia Electric Co., the Lakeside Ry. Co. and the Schuylkill Light, Heat & Power Co. The railway lines traverse the Mahanoy Valley and Schuylkill County from Mahanoy City to Locustdale, passing through Shenan- doah (25,774) and Girardville. CapPiTaL Srock, authorized and issued, $400,000; par, $50. FunpEep DestT.—Consolidated first mortgage 5 p. c. gold coupon bonds, authorized $1,600,000, outstanding $640,000, in treasury $50,- ooo; dated Apr. 12, 1905, due 1935; denom. $500 and $1,000; int. payable Apr. and Oct. at Fidelity Trust Co., Philadelphia, Pa., trustee; $760,000 are reserved to retire underlying bonds. Subject to call at par and interest. Schuylkill Traction Co. first mortgage 5 p. c. gold sinking fund bonds, authorized and outstanding $500,000; coupon, but may be reg- istered; dated 1893, due Apr. 1, 1943; denom. $500 and $1,000; int. payable Apr. and Oct. at Equitable Trust Co., Philadelphia, trus- tee. Sinking fund of $10,000 per annum and bonds may be pur- chased therefor at 105. Lakeside Railway first mortgage 4 p. vc. gold bonds, authorized and outstanding $150,000; dated 1893, due Nov. 1, 1923; int. pay- able May and Nov. at Equitable Trust Co., Philadelphia, trustee. Guaranteed by the Schuylkill Traction Co. Consolidated mortgage 4% p. c. gold bonds, authorized $2,000,- 000, outstanding $105,000, held by the Schuylkill Ry. Co.; coupon, but may be registered; dated 1go1, due July 1, 1951; denom. $I ,000; int. payable Jan. and July at Fidelity Trust Co., Philadelphia, trustee. Subject to call at any time at 105 and ‘interest. Sinking fund of 1 p. c. of bonds outstanding became operative Aug. I, 1907. Track AND EquipMenT.—Miles of track (electric), 28 (including side track), 27 main track; 35 motor passenger cars, 12 trail passenger cars, 2 sweepers, 5 work cars. Orricers.—Pres. Powell Evans, Philadelphia, Pa.; rst V. Pres., Sec. & Treas. J. A. McKee, 517 Arch St., Philadelphia, Pa.; Audr. B. Frank Wagner, Girardville, Pa.; Gen. Mgr. Wm. S. Leib, Girard- ville, Pa. Drrecrors.—Powell Evans, J. A. McKee and C. C. Hanna, Philadelphia, Pa.; J. C. Biddle, W. S. Leib, Ashland, Pa.; John S. Housenick and John Mieldazis, of Shenandoah, Pa.; Alex. Scott, Frackville, Pa.; G. K. Binkley, Orwigsburg, Pa. GENERAL OFFICE AND REPAIR SHops at Girardville, Pa.; power stations, Girardville and Mahanoy City, Pa. GREENSBURG. Population in 1900, 14,150; in IgIo, 13,012. PITTSBURG, McKEESPORT & GREENSBURG RAILWAY CO.—Chartered June 28, 1901; a consolidation of the Westmoreland Ry. Co. and the Greensburg & Hempfield Electric Street Ry. Co.; extends from Irwin through Manor, Penn, Jeannette (8,077), Greens- burg, Youngwood and New Stanton to Hunker, where it connects with the Pittsburg, McKeesport & Connellsville Ry. Co., and to Traf- ford City, where it connects with the Pittsburg Railways Co. In 1907 the West Penn Railways.Co., now controlled by the West Penn Trac- tion & Water Power Co., acquired a controlling interest. Annual meeting second Monday in Jan. CaPITAL STocK, authorized, $1,500,000, outstanding, $1,030,v00; par value, $50 per share. FunpeD Destr.—First mortgage 5 p. c. gold coupon bonds, authorized and outstanding, $1,500,000; dated July 1, 1901, due July I, 1931; denom. $1,000; int. payable Jan. and July at Harrisburg Trust Co., Harrisburg, trustee, or at Manufacturers’ Trust Co., Provi- dence, R. I. OPERATION.—Year ending June 30, —_‘IgII. 1912. 1913. Gross revenue from passengers......... $195,835 $201,672 $211,607 ae we ‘* other railway oper.. 11,452 11,788 13,766 GLOSS INCOME... ies wwe se Ns Bese ohne 209,287 213,460 225,373 General expenses.................. 4,654 4,566 5,642 TP IKE d POW forces ccs niceseine.cccies nth. ccs Muoee 36,401 38,610 37,697 Operation of cars............20000- 67,694 70,288 65,860 Maintenance of way and structures.. 20,385 19,055 37,290 a “© “EQuipMents% s.gaces 6,374 4,786 7,017 Operating expenses...............0004. 135,508 137,305 153,506 Gross income less operating expenses... 71,779 76,155 71,867 Otherincomesccc sine vy ex o4 os yess 198 220 220 Total x wieceararewelakd sain as SN eas os ON 71,977 76,375 72,087 Interest’on funded debt........... + 75,000 75,000 75,000 Interest on unfunded debt.......... 3,599 5,372 55353 TAKES iain nits os aehuy coe dig ante eaeherend 5,512 7,495 7,623 Deficit sqbhevantsctel oneal e/07op8iuo Ava yates sDasanduoranactyeneut 12,134 II,492 15,889 Adjustment to profit and loss........... 9,167 2 6,000 Total deficit sbalitvaieeyrasoies ah ey Genests ela sehcketee eran’: 21,303 32,793 21,889 Operating expenses p.c. of grossearns.. 68.04 64.32 71.49 STATISTICS OF TRAFFIC. Year ending June 30, IgIl. IgI2. IgI3. Revenue passengers carried.......... 3,999,743 4,110,360 4,305,057 VETANSTETS hi sfc Gey Stee cwtaae Bie tarnewierye 135,990 138,677 150,985 Passenger car miles run...... ..... 664,553 661,807 655,824 _‘* hours. . settee eee eee 54,594 54,834 54,928 Total receipts per car mile............ $.312 $.3225 $.3266 Operating expenses per car mile...... 204 -2074 -234 Gross earnings per car hour.......... 3.893 4.103 Operating expenses “* ‘ .......... 2.504 2.794 BALANCE SHEET.—Dated June 30, 1973. ASSETS. LIABILITIES. Construction and equip.$2,625,793 Capital stock, common.$1,030,000 Funded debt owned.... 2,000 Funded debt........... 1,500,000 Cash and current assets 14,220 Current liabilities...... 160,696 DE RGitrewis cpetiacgsea els 54,863 Contingent tax........ 6,000 Total i scccete asad $2,696,696 TOCA cc iciee odin ote $2,696,696 TRACK AND EQUIPMENT.—Miles of track (electric), 29.95; 31 pas- senger motor cars, 2 service cars. GENERAL OFFICE, 345 4th Ave., Pittsburg, Pa.; repair shops at Hufftown, Pa. HANOVER. Population in rgto, 6,965. Hanover & McSherrystown Street Railway Co.—Chartered in Pennsylvania in 1892. Connects Hanover, McSherrystown, Conewago Chapel and Littlestown. Owns the stock of the Hanover Light, Heat & Power Co. Annual meeting second Monday in Jan. CaPITaL Srock, authorized $200,000, outstanding $135,000. FuNDED Desr.—First mortgage 5 p.c. gold bonds, authorized $500,000, outstanding $151,000; dated June 1, 1908, due June 1, 1928; denom. $1,000; coupon, may be registered; int. payable June and Dec. at York Trust Co., trustee. : McGRAW ELECTRIC 2ot RAILWAY MANUAL PENNSYLVANIA OpERATION.—Year ended June 30, 1913. Total operating revenue, 341,926; total operating expenses, $21,902; net operating revenue, $20,024; taxes, $1,302; operating income, $18,722: other income, $47,200; gross income, $55,922; interest, $16,647; net divisible income, $49,275; dividends, $5,400; surplus for year, $43,875. TRACK AND EQuripMENT.—Miles of track, 12.59; 3 double truck passenger motor cars, 13 single truck passenger motor cars, 3 freight and express motor cars, 3 freight and express trail cars. OFFICERs.—Pres. J. W. Steacy; V. Pres. W. D. Himes; Sec. & Treas. Ellis S. Lewis; Gen. Mgr. & Pur. Agt. Robt. E. Manley; Ch. Engr. James E. Dick; Mast. Mech. LeRoy Stokes. DrirectTors.—J. W. Steacy, F. G. Metzger, C. H. Moore, Ellis S. Lewis, all of York, Pa.; W. D. Himes, New Oxford, Pa.; Geo. W. Bell, Philadelphia, Pa. GENERAL OFFICE, Hanover, Pa. HARRISBURG. Population in 1900, 50,167; in 1910, 64,186. Harrisburg Railways Co.—Incorporated on Nov. 29, 1912, in Pennsylvania, and on Jan. 15, 1913, merged the Central Pennsylvania Traction Co., which was chartered in July, 1903. On Feb. 7, 1913, the Harrisburg & Hummelstown Street Ry. Co. was merged. Leases the Harrisburg Traction Co. at a rental of 6 p.c. on the capital stock. Owns majority of the stock of the People’s Bridge Co. and the Lingles- town & Blue Mountain Ry. Co. Operates in Harrisburg, Steelton (14,246), Highspire, Middletown (5,374), Penbrook, Progress, Lingles- town, Oberlin, Paxtang and Hummelstown. CaPITAL Srockx.—Preferred, 5 p. c. cumulative until 1915, and 6 p. c. thereafter, authorized and issued, $2,100,000; common, author- ized and issued, $3,000,000; par $50. DIvIDENDs.—In 1913, on preferred, 534 p. c. FuNnDED Dest.—First and refunding 5 p. c. bonds, authorized $10,000,000, outstanding $3,000,000; dated Dec 1, 1912, due Dec. 1, 1942; denom. $500 and $1,000; int. payable June and Dec. 1, at Harrisburg Trust Co., Harrisburg, Pa., trustee. Central Pennsylvania Traction Co.'s first mortgage 4% p. c. bonds, authorized $2,000,000, outstanding $6,500; dated July 1, 1909, due July I, 1929; denom. $500 and $1,000; interest payable May and Nov. 1 at Harrisburg Trust Co., trustee; subject to call after 1915 at 105 and interest. Linglestown & Blue Mountain Ry. Co. 5 p. c. coupon bonds, authorized $125,000, outstanding $8,100; dated 1905, due Apr. 1, 1935; denom. $100 and $500; interest payable Apr. and Oct. 1 at Har- risburg Trust Co., Harrisburg, trustee. Harrisburg & Hummelstown Ry. Co. 4% p. c. gold bonds, author- ized $200,000, outstanding $17,000; dated 1905, due Apr. I, 1935; guaranteed principal and interest by Central Pennsylvania Traction Co. OpERATION.—Year ending June 30, Igir. IgI2. 1913. Gross revenue from passengers......... $828,360 $863,985 $915,682 “ a OO “EPEIDN Ee in cgeeccce sr iesce- 5,313 6,778 7,016 se ss ‘« other railway oper. 5,958 6,523 9,962 GerOSS. TTT COME oa. o20 is: Goseasivess Zusmetsrenenecsienonveans 839,631 877,286 932,660 General expenses................5. 54,624 54,099 51,824 Traffic EXPENSES. ....... cece ee ceeee 50,009 Operation of power station......... 47,208 Pet HE CATS oticaaitdiquaral ete ais aos 75 183,246 195,347 251,225 Maintenance of way and structures.. 29,586 35,962 35,073 uN ‘* equipment.......... 34,807 33,961 33,202 Operating expenses.............. 0.08. 349,471 369,378 371,324 Gross income less operating expenses.. 490,160 507,908 561,336 Other inCOnieus3 235-2 s45. 0s 44% se eeeas y 11,386 Ota! fot xo ete seh a Sons cee See pera 572,722 Interest on funded debt............ 13,500 13,500 60,778 DROS Ge Ck tien ee BR ied Rae a TeR Ee 55,647 56,853 84,643 oc a ee Oe a ene ee 171,800 171,800 168,050 Other deductions. ..........0eseeee 98,235 45,717 48,649 Nein COME. ncaitensn. nite Verioter en awsee 150,978 220,038 210,602 Dividends paid... e00cevere esse ee eats 189,000 168,000 120,750 SUTplUS:. eres cece ears Se ote ees *38,022 52,038 89,852 Profit and loss adjustment......... Sowa 45,000 164,799 Total isurplusscc.cscccieateranaseess 72,250 124,288 *74,947 Operating expenses p.c. of earnings.... 41.6 42.14 46.33 *Deficit. STATISTICS OF TRAFFIC. Year ending June 30, IQII. Igi2. IgI3. Revenue passengers carried....... 16,765,010 17,522,567 18,568,727 Transfer and free passengers...... 3,420,253 4,005,727 3,632,949 Passenger car miles run........... 3,311,244 3,426,353 3,415,832 ee MR GIVES) v3.5 mel ete Anas 366,087 379,593 379,845 Total receipts per car mile ....... $.252 $.255 127 Operating expenses per car mile... 105 -107 .108 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction & equip... $60,511 Capital stock, preferred.$2,100,0co Other perman. invest... 456,751 Capital stock, common. 3,000,000 Funded debt owned... 312,700 Funded debt........... 3,206,500 Plant and investment. ..7,889,257 Current liabilities..... 36,000 Cash and current assets. 310,330 Taxes accd., not due.. 53,318 Sink. & otherspecial fds. 10,951 Interest on funded debt accrued, not. dite. ..-« 3,146 Rents accrued, not due. 2,063 RESETVES Sec s5 aaeasainis 590,134 Surplus. 2. seask e8 wes 49,339 Total seco scar sais So $9,040,500 Dotal po ded deosieae severe $9,040, 500 TRACK AND EQuIPMENT.—Miles of track (electric), 72.91; 88 double truck passenger motor, 34 single truck passenger motor and 13 trail passenger cars, of which 27 are of the pay-as-you-enter type; 16 ser- vice cars. OFFicEers.—Pres. H. D. Walbridge, 14 Wall Street, New York City; V. Pres. & Gen. Mgr. F. B. Musser, Harrisburg, Pa.; Sec. & Treas. John O’Connell; Asst. Treas. Miss A. Spickler; Audrs. Samuel Kunkle and W. H. Siebert; Gen. Supt. F. M. Davis, all of Harrisburg, Pa. Directors.—Edward Bailey (Chmn.), J.M.Cameron, S.F.Dunkle, E. S. Herman, Samuel Kunkle, F. B. Musser, B. J. Meyers, Geo. Reilly, E. Z. Wallower, all of Harrisburg, Pa.; W. H. Siebert, Steel- ton, Pa.; H. D. Walbridge, New York City. GENERAL OFFICE, 12 South Market Square; power station and repair shops, Harrisburg, Pa. HARRISBURG TRACTION CO.—Chartered June 18, 1895, as a virtual consolidation of the East Harrisburg Passenger Ry. Co., the Citizens’ Passenger Ry. Co., the Harrisburg City Passenger Ry. Co. and the Middletown, Highspire & Steelton Street Ry. Co. Owns entire stock ($700,000) of the East Harrisburg Passenger Ry. Co. and $235,000 of the Citizens’ Passenger Ry. stock. In June, 1903, was leased to the Central Pennsylvania Traction Co., now the Har- risburg Rys. Co., ata rental of 6 p. c. on the stock. Annual meeting third Tuesday in July. CaPITAL Srock, authorized, $2,500,000; issued, $2,100,000; par value, $50 per share. DivipEenDs.—In 1899 4 p. c. paid in stock, and 1 p. ev. cash paid in Oct.; in 1900, 4 p. c.; in rgor and 1902, 5 p. c.; in 1903, 6 p. c. and scrip of § p. c. on Aug. I, 1903; since then 6 p. c. per annum. FunpDEp Drxr.—Citizens’ Passenger Ry. Co.'s first mortgage 6 p. c. gold bonds, authorized and issued, $75,000; dated May 1, 1894, due Mayr, 1924; int. payable May and Nov. at Commonwealth Guarantee Trust Co., of Harrisburg, trustee of mortgage. TRACK AND EQuipMENT.—Miles of track (electric), 50; 82 motor carsand 28 trail cars, 3 service cars, 2 snow plows, 2 sweepers. Power Stations, Harrisburg and Steelton; repair shop, Harris- burg. MIDDLETOWN, HIGHSPIRE & STEELTON RAILWAY CO.—Chartered Dec. 11, 1891. Originally leased to East Harrisburg Passenger Ry., now part of the Harrisburg Traction Co., which is leased to the Central Pennsylvania Traction Co., now the Harrisburg Railways Co. CaPITAL Stock, $100,000. HARRISBURG CITY PASSENGER RAILWAY CO.—Chart- ered Apr. 1, 1873. Originally leased to East Harrisburg Passenger Ry., now part of the Harrisburg Traction Co., which is leased to the isis Pennsylvania Traction Co., now the Harrisburg Railways oO. CapivTaL Srock, $125,000. HAZLETON. Population in 1900, 14,227; in 1910, 25,452. Wilkesbarre & Hazleton Railroad Co.— Chartered May 8, Igor. Franchises for 999 years for Hazleton and suburbs, and in perpetuity from Hazleton to Wilkesbarre. Controls the Wilkesbarre & Hazleton Ry. Co, and the Lehigh Traction Co. Annual meeting first Monday in May. CaPITAL Stock.—Common, authorized and issued, $2,500,000; 6 p. ve. non-cumulative preferred, authorized $700,000, issued $185 2 500; par value, $100 per share. Preferred stock is redeemable at par or may be converted into bonds at company’s option. Funpvep Dest.—Collateral trust mortgage .c. gol bonds, authorized $2,500,000, issued $5 ees to. an io due 1951; denom. $1,000; int. payable May and Nov. 15 at Guaranty Trust Co., of New York, trustee. $600,000 are reserved to retire the Lehigh Traction Co. bonds. Sinking fund of $20,000 per annum to commence June I, 1908, and to be invested in the collateral trust bonds or in bonds legal for New York savings banks. Collateral trust mortgage gold bonds; dated 1905, due Oct. 1 1945; authorized, $1,500,000; outstanding, $1,227,000; int. payable Apr. and Oct. rat Guaranty Trust Co., New York, trustee. Sinking fund of $10,000 annually commences in IgI0. Bonds may be called beginning 1910 at par. : PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL 255 +i CONSOLIDATED STATEMENT OF EARNINGS AND EXPENSES OF THE STATISTICS OF TRAFFIC. = p ‘a eae & Hazveron R. R. Co. AND ALLIED Cos,—Year Year ending June 30, IQIl. 1912. 1913. 1QII. 1912. 1913. Revenue passengers CATHED eiontawe ys 434,137 422,854 433,232 Revenue from transportation.......... $401,681 $408,190 $443,616 Passenger car mileage............20e0++ 330,783 347,087 343,663 Revenue from operations other than Freight car milesos.s css icgvee 14s eens 37,158 28,582 transportation ..... 0.0.0.0... 0. eee 21,412 19,590 14,729 | Car hours (passenger) ...........05.05% 17,477 gE ES EE ERE OMERD i ere crececasnescaaua debi 2,178 Total operating revenue.......... 423,093 427,780 458,344 Average revenue per car mile. Taayasaustancws $.7129 Mainiensace:. Wilh baa ee aaaeusserieautane” 76,630 79,718 83,574 | Operating expenses per car mile....... +4095 TAM C ‘EX PENSESs 43 vu ice ucaeedexa wee oar ,02 812 ,768 ‘ Conducting transportation............ de aes ae Phy BaLance SHEet.—Dated June 30, 1913. General and miscellaneous............ 31,693 33,487 31,323 ASSETS, LIABILITIES, ———_ -§ —_——_ —____| Cost of road & equipmt.$1,453,521 Capital stock ..........$1,500,000 Total operating expenses......... 202,548 216,440 221,459 | Bills & accts. rec'vable. 12,838 Funded debt.......... 1,500,000 ——_— -—_——— _ ————_| Material and supplies.. 12,713 Current liabilities...... 106,709 Earnings from operation.......... 220,545 211,340 236,885 | Other assets .......... 2,305,341 Accrued interest....... I2,5CO Miscellaneous income................ 144 105 133 Other liabilities........ 636,699 . = Profit and loss (surplus) 28,505 Gross income ............. ee eee 220,689 211,445 237,018 a. a an ot TAKES 120 895 fers. osm 0 Siero odiecetand dackcasaecavave 11,475 13,230 12,047 TE Otal sc ain ecdieuaianccacons $3,784,413 MO tahi receivers nesasizes $3,784,413 Int. on bonds and ctf. of indebtedness. 183,600 182,900 182,850 : Interest on floating debt .............. 5,548 6,257 6,047 TRACK AND EQuipMENT.—Miles of track, 30.1; 6 motor cars, I ex- Reserve for renewal of cars........... 8,005 8,005 8,005 | Press and 8 freight cars. = OrrFicers.—Pres. Alvan Markle; V. Pres., Gen. Mgr. & Pur. Surplus (before allowance of deprecia- Agt C. B. Houck; Sec. & Treas. N. C. Yost; Audr. C. J. Kirsch- tion other than renewalof cars).... 11,861 1,054 28,069 | ner; Supt., Fgt. & Pass. Agt. A. F. Harger; Claim Agt. S, E. Jones; OFFICcERs.—Pres. A. Markle; V. Pres., Gen. Mgr. & Pur. Agt. C. B. Houck; Sec. & Treas. N. C. Yost; Audr. C. J. Kirschner; Consult. Elec. L. B. Stillwell, Park Row Bldg., New York City; Supt. Transpt. A. F. Harger. Drrectors.—A. Markle, C. B. Houck, C. W. Kline, Paul Bed- ford, H. Dryfoos, Jr., W. H. Lawall, J. R. Turner, John Markle, John N. Conyngham. Orrices, Hazleton, Pa., and 15 Exchange Place, Jersey City, LEHIGH TRACTION CO.—Chartered Nov. 7, 1892, for 999 years. Annual meeting second Monday in Jan. Controlled by the Wilkesbarre & Hazleton R. R. Co., which owns nearly all the stock. LEASED Roaps.—Operates the following under 999-year leases, dated Mar. 8, 1893, and providing for consideration of $1 per year: Hazleton & Suburban Street Ry. Co., Hazleton & North Side Electric Ry. Co. and Hazleton & South Side Electric Ry. Co. CAPITAL STOCK, authorized and issued, $1,000,000; par $100. FunpEp Desr.—First mortgage 5 p. c. gold bonds, authorized and issued, $500,000; coupon, but may. be registered; dated June 1, 1893, due June 1, 1923; denom. $100, $500 and $1,000; int. payable June r and Dec. 1 at Markle Banking & Trust Co., Hazleton, Pa., trustee. Hazle Park § p.c. gold bonds, authorized and outstanding $60,000; coupon, but may be registered; dated Apr. 1, 1895, due Apr. I, 1925; denom. $1,000; free from taxes; int. payable Apr. 1 and Oct. I at Markle Banking & Trust Co., Hazleton, trustee; principal and int. guaranteed by Lehigh Traction Co. 5 p.c. certificate of indebtedness, $140,000; dated May 1, 1901, due May 1, 1951; int. payable May 1 and Nov. 1 at Guaranty Trust Co., New York City; endorsed by the Wilkesbarre & Hazleton R. R. Co. STATISTICS OF TRAFFIC. Year ending June 30, IgII. IgI2. 1913. Revenue passengers carried.......... 4,133,209 4,096,535 4,458,155 Tra nSlers wccawn sire aan he eehogokarene et 140,487 *149,108 *166,577 Passenger car miles run........... +++ 520,599 520,196 549,yI19 Mail car miles run...........+-000ee- 37,848 38,588 35,641 Passenger car hours.......-++.+sse05 57,873 58,015 59,214 Total receipts per car mile............ $.349 $.401 $.378 Operating expenses per car mile...... +252 254 .259 * Including passes. BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction & equip...$ 586,332 Capital stock, common..$1,000,000 Stks. & bds. of other cos 3,506 Funded debt.......... 560,000 Franchises ..........-- 1,000,000 Cert. of indebtedness.. 140,000 Other assets........... 110 Accounts payable...... 8,838 Hazle Park............ 48,332 Interest accrued....... 4,000 Bills & accts. receivable 95,531 Surplus.............-- 20,973 Total cg scccde se sawes $1,733,811 Totalinsacuve swanaiae-s $1,733,811 TRACK AND EQuiIpMENT.—Miles of track (electric); 22; 31 pas- senger motor cars, 4 passenger trail cars, 3 work cars, 2 sweepers, etc. GENERAL OFFICE AND REPAIR SHops, Hazleton, Pa. WILKESBARRE & HAZLETON RAILWAY CO.—Chartered Dec. 13, 1899, for1,oooyears. Annual meeting second Monday in Jan. Stock and bonds outstanding are owned by Wilkesbarre & Hazleton R. R. Co. CaprraL STOCK, authorized and issued, $1,500,000; par $100. FunpEp Dest.—First mortgage 5 p.c. gold bonds, authorized and issued, $1,500,000; dated May 1, 1gor, due May 1, 1951; int. payable May 1 and Nov. 1 at Guaranty Trust Co., New York, trustee. Mast. Mech. Jas. W. Brown. ’ Directors.—Alvan Markle, John W. Crellin, H. Dryfoos, Sr., H. Dryfoos, Jr., D. T. Evans, W. H. Lowall, N. C. Yost, C. B. Houck and W. C. Gayle, all of Hazleton, Pa. GENERAL OFFICE, Hazleton, Pa.; power station, St. Johns, Lu- zerne County, Pa.; repair shops, Hazle Park, Pa. HERSHEY. Population in IgIo, 2,347. Hershey Transit Co.—Successor to the Hummelstown & Campbellstown Street Ry. Co. Connects Lebanon, Palmyra, Hum- melstown, Hershey and Campbellstown. Annual meeting in Jan. CariTaL Stock, authorized $75,000, outstanding $50,000; par $50. Funpep Dest, authorized and outstanding, $225,000. OprraTion.—Year ended June 30, 1913. Total operating revenue, $67,384; total operating expenses, $39,028; net operating revenue $28,356; taxes, $1,734; gross income, $26,622; interest, $11,250; surplus for year, $15,372. TRACK AND EQuipMENT.—Miles of track, 23; 16 motor cars, 4 other cars. Orricrrs.—Pres, & Gen. Mgr. M. S. Hershey; Sec. J. E. Snyder; Treas. W. H, Leibkicker; Supt. Transpt. J. R. Kreider; Elec. Engr. Harry Kenny; Mast. Mech. W. H. Zimmerman. Direcrors.—M. S. Hershey, W. H. Leibkicker, J. E. Snyder, S. C. Stecher, all of Hershey, Pa.; C. S. Maulfer, Annville, Pa. GENERAL OrFFicE, Hershey, Pa. HOMESTEAD. Population in 1910, 18,713. Homestead & Mifflin Street Railway Co.—Chartered in Pennsylvania in rgo1, and connects Homestead and Lincoln Place. Annual meeting second Wednesday in Jan. CaPiITAL STocx, authorized $150,000, outstanding $87,920. FunpepD DeEsT.—First mortgage 6 p.c. gold bonds, authorized $150,000; none issued. : OPERATION.— Year ended Oct. 30, 1913. Total operating revenue, $50,406; total operating expenses, $28,411; net operating revenue, $21,995. TRACK AND EQuipMENT.—Miles of track, 3.25; 8 passenger motor cars, I service car. Orricers. —Pres. F. J. Erbeck; V. Pres. Peter Fey; Sec. Robt. McWhinney; Treas., Gen, Mgr. & Pur. Agt. J. B. Coen; Audr. F. J. Hahn; Supt. & Claim Agt. C. H. Kapp; Mast. Mech. Ja G: Schweinberg. Direcrors.—F. J. Erbeck, Robt. McWhinney, Peter Fey, George Jacobs, Hugh Nevin, R. C. Davis, all of Homestead, Pa.; W. H. Fairfield, Swissvale, Pa. GENERAL OFFIce, 805 Amity St., Homestead, Pa. INDIANA. Population in 1910, 5,749. Indiana County Street Railways Co.—Incorporated Aug. 6 1907, to consolidate properties of the Indiana, Clymer & Creekside Ry., Indiana, Punxsutawney & Sagamore Ry, and Indiana County Ry Companies. Connects Ernest, Creekside, Clymer, Homer City, Black Lick, Josephine, Blairsville and Indiana. Annual meeting first Tuesday in December. CariraL Srock, authorized, $1,000,000; issued and outstanding, $972,500, in treasury, $27,500; par value, $50 per share. 256 McGRAW ELECTRIC RAILWAY MANUAL PENNSYLVANIA Funpev Dest.—First mortgage 5 p. c. coupon bonds, authorized, $1,000, 000; issued and outstanding, $765,500; dated 1908, due 1938; denom, $500 and §1,000; int. payable Jan. and July. OpERATION.—Year ending June 30, IQII. IgI2. 1913. Gross rev enue from passengers.. Oe $89,893 $106,198 ” “other ry. operations. . 5,709 6,779 otal revene psscsig 4% ssc esgic oreo 4 eke aeocceet 38 91,347 96,672 106,198 General expenses: s2csci44saen dene ca 5,380 6,595 7,890 ‘Erami@expenS@si ic $5 series: cence sncee ate te 15,642 Operation of power station ............ 20,470) 6 16,734 SNAG A ES tance cated tibesoueseann Regaie 11,999 § 7427 14,661 Maintenance of ‘way, and structure.... 6,891 9,566 11,172 aye “ equipment............ 8,208 10,970 10,128 Total railway operating expenses.......... 52,948 57,049 60,585 Net arnin GS: so... cet coishinyes G8 ae wheadaacune s 38,399 39,623 45,613 RANE Sw. 5 Sapna hs reece edit an adc G amines 1,099 3,314 3,500 Interest on funded debt............... 36,844 37,964 38,172 ee OES: MOAtIN Gg, WED sacncisetahud eae 1,063 I,156 INGtINC OMCs fers S ies aint ed Shee 456 *2,718 2,785 Operating expenses p.c. of earnings...... 59.16 61.29 60.34 * Deficit. STATISTICS OF TRAFFIC. Year ending June 30, Igtt. IgI2. 1913. Revenue passengers carried.......... 1,752,769 1,898,073 2,108,214 Passenger Car miles: s..54544448 acs 407,479 434,853 432.465 8 INOUE se de Sot tialehensvivosesiele 31,710 31,627 30,916 Freight Car miles vac da veh ede cartes 19,054 19,693 ME MMOUES sais tse sateatind aeaete 4,026 3,491 Average revenue per car mile........ $.22 $.2348 Operating expenses ................ -1329 1338 BALaNcE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction & equip...$1,763,859 Capitalstock, pref..... $972,500 Casha sig senaeeiegies 824 Funded debt........... 765,500 Current liabilities...... 21,802 Taxes accrued and not VECO Is i. Sesion Ges 2,096 SULPMUSe sees visrccoandhendscra 2,785 Total. vise eas eens $1,764,683 MO fal pesocineen as cs anenee 6A $1,764,683 TRACK AND EQUIPMENT.—Miles of track (electric), 36 in opera- tion, 75 projected; 7 double truck passenger motor cars, I express motor car, one service car and 2 snow plows. Orricers.—Pres. T. L. Eyre, Philadelphia, Pa.; V. Pres. Jas. B. Phelan, Punxsutawney, Pa.; Sec. & Treas. Jno. G. Si. Clair; Gen. Mer. aL Neff; Supt. Irwin’ Barry. Direcrors.—D. H. Clark, B. M. Clark, Jas. B. Phelan, S. A. Rinn, Punxsutawney; H. E. Clarke, Glen Campbell; T. L. Eyre, Phila- delphia; Jno. G. St. Clair, Indiana, Pa. GENERAL OFFICE, REPAIR SHOPS AND POWER STATION, Indiana, Pa, IRWIN. Population in Igto, 2,886. Irwin-Herminie Traction Co.—Incorporated in Pennsylvania in 1910; franchise granted for 99 years. Connects Irwin, Herminie, New Madison, Madison Boro and Yukon, Pa. CaPITAL STocK, authorized, $125,000, outstanding, $102,383. Funpen Depst.—First mortgage 6 p. c. sinking fund gold bonds, authorized $500,000; dated Nov. 1, 1g12, due Nov. 1, 1937; int. pay- able May and Nov. at Dominion Trust Co., Pittsburg, Pa., trustee. TRACK AND EQuIPMENT.—Miles of track, 5.6; 4 cars. Orricers.—Pres. R. A. Troop; V. Pres. & Treas. L. H. Taylor; Sec. F. W. Taylor, Irwin, Pa. Drrectors.—R. A. Troop, F. H. Rea, W. J. Craig, Pittsburg, Pa.; Geo. Weddell, C. E. Parr, Riaton, Pa.; J. L. Pierce, Youghiog- heny, Pa.; L. H. Taylor, Abe Frank, Irwin, Pa.; C. H. Bolton, Herminie, Pa. GENERAL OFFICE, Irwin, Pa. JERSEY SHORE. Population in 1910, 5,381. Jersey Shore Electrie Street Ry. Co.—Chartered in Pennsyl- vania in April, 1g01. Connects Jersey Shore, Vilas and Avis. Owned by the Lycoming Improvement Co. CapiraL Srock, authorized $150,000, outstanding $144,900; par $50. DivipENps.—In 1913, 7% Pp. C. OpERATION.— Year ended June 30, 1903: Total operating rev- enue, “47, 092; total operating 2xpenses, £33, 440; net operating rev- enue, $13,652; taxes, $960; gross income, £12,692; interest, $1,217; net divisible income, $11,475; dividends, $10,542; surplus for year, $933. TRACK AND EQuiIpMENT.—Miles of track, 5.175; 12 passenger motor cars, 7 service cars. Orricers.—Pres. & Gen. Mgr. Ernest H. Davis; V. Pres. Charles Cochran; Sec. & Treas. Jos. Cochran, Jr.; Audr. H. H. Hill, all of Williamsport, Pa.; Supt. & Pur. Agt. Lloyd Thomas, Jersey Shore, Pa. Directors.—E. H. Davis, Chas. Cochran, Jos. W. Cochran, Jr., Addison Candor, Williamsport, Pa.; Jas. R. Davis, Philadelphia, Pa. GENERAL OFFICE, Williamsport, Pa. Jersey Shore & Antes Fort R. R. Co.—Chartered in Penn- sylvania in 1904. Connects Jersey Shore, Antes Fort and Nippono Park. Annual meeting last Friday in Feb. CaPITAL Srock, authorized and outstanding, $60,000; par Stoo. OPERATION.— Year ended June 30, 1913. Total operating revenue, $13,590; total operating expenses, $8,775; surplus for year, $4,815. TRACK AND EQUIPMENT.—Miles of track, 4.5; 2 cars. OrrFicers.—Pres. Robt. McCullough; V. Pres. Robt. Sec. Guy H. Martin; Treas. G. J. Denniston. Directors.—Robt. McCullough, Robt. Camerer, G. J. Denniston, M. L. Mench, M. I. Sallada, E. A. Brown, John T. Hyatt, C. B. Mc- Cullough, all of Jersey Shore, Pa.; W. N. Brosha, Antes Fort, Pa. GENERAL OFFICE, Jersey Shore, Pa. Camerer; JOHNSTOWN. Population in 1900, 35,936; in 1910, 55,482. Johnstown Traction Co.—Consolidation by merger in Jan., 1914. of the former Johnstown Traction Co., which was incorporated in Pennsylvania Feb. 23, 1910, and its leased line, Johnstown Passen- ger Ry. Co., which was chartered in 1852. The American Rys. Co., Philadelphia, Pa., controlled the Johnstown Traction Co. from 1910 to Jan., 1914, when it sold its interests, receiving part cash and part securities of the Johnstown Traction Co. CapPITAL STock, common, authorized $1,000,000, outstanding $875,000; preferred, 7 p. c. cumulative, authorized and outstanding, $1,000,000. Funpep Desr.—First and refunding 5 p. c. gold mortgage bonds, atuhorized $5,000 000, outstanding, $2,000,000; reserved to retire out- standing bonds, $2,000,000; balance reserved for extensions, etc.; dated July I, 1913, due July I, 1943; denom. $500 and $1,000; coupon, may be registered; int. payable Jan. and June at Logan Trust Co., Philadelphia, Pa., trustee; sinking fund of 1 p. c. annually begins Oct., 1917. Johnstown Passenger Ry. Co. first mortgage 4 p. c. bonds, authorized $800,000, issued $399,000; dated Dec., 1899, due 1929; int. payable June and Dec. at Guaranty Trust Co. , New York, trustee. Johnstown Passenger Ry. Co. refunding mortgage 4 p. c. bonds, authorized $2,000,000, issued $1,601,000; dated Dec. 1, rgo1, due Dec. I, 1931; int. payable June and Dec.; redeemable at ro5 and interest on 6 weeks’ notice. OpERATION.—Year ending June 30, IQgIl. IgI2. IQ13. Gross revenue from passengers........ $569,550 $633,513 ee me “« all other sources... 3,245, 4,291 Total gross revenue.............00000. - $549,875 572,795 637,804 General RSE oi. bee aave ea ey 48,817 41,695 61,196 Operation of CASE cca istets @ irene - 126,398 131,724 146,176 a power: plantivecss 4 sacs 42,490 45,923 51,044 Maintenance of way and structures, 16,225 17,787 45,275 equipments. 42.5 c5 29,097 24,199 26,784 Total operating EXPENSES cei ees Waa ny 263,027 261,328 330,475 NetsmeVenue® salacinure vite we wk eects eke 286,848 311,467 469 aa6 RAKES hiss sa tgs Oe os eae Seok bu aes 29,500 26,087 14,140 Net divisible income................... 257,348 “gheate 293,189 Rental -npedcetoetuen tres so. ch6 at anes teed eke 222,500 227,500 232,500 SULPlUS iicuede eid cus alee he dedi ae 848 x ee Miscellaneous income eae eure ae M Ota los a2 gsi Noh dd Quinn eiviewe aim mete 36,320 Dividends Abies Waa Wabidiglaiahe Betta sen vigid 15,000 15,000 15,000 Lease consideration................... 22,000 48,000 Gta SUL pl US tis oaks ae eecacua sh sees eieeet ines 26,400 24,089 Operating expenses p. c. of earnings. ... 45.62 54.00 STATISTICS OF TRAFFIC. Year ending June 30, - IQII. IQI2, 1913. ate passengers carried sass ened 10,947,565 11,391,000 12,670,2 Transfers redeemed .............. 2,840,493 a Genose: Car miles run, eet + 2,122,268 2,149,017 2,302,879 Car hours, passenger... sie 212,226 214,901 230,287 Average revenue pcr car “mile. oe $.2591 $.2665 $.2770 Operating expenses per car mile.... -1239 -1216 -1435 PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL * BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction and equip- Capital stock, common...$200,000 ment, leased lines..... $237,853 Lease consideration...... 120,000 Cash and current assets.. 23,817 Taxes accrued.......... 3,439 Johnstown Pass. Ry. Co. 108,838 Insurance............... 1,148 Attractions not due...... 250 Damages not yet paid.... 21,582 SUT pluSsin a scadeta Reawok 24,089 Rotaliscccvawneeeneaes $370,508 TO tals aseschcnecneesseceshouiiers $370,508 __* Balance sheet of former Johnstown Traction Co., consolidated with Johnstown Passenger Ry. Co. in Jan., 1914. TRacK AND EQUIPMENT.—Miles of track (electric) leased, 43; ae motor passenger cars, 34 trail passenger cars, 2 work cars, 2 snow plows. OrFIcers.—Pres., Gen. Mgr. & Pur. Agt. E. M. du Pont; V. Pres. P. A. Rose; Sec. S. E. Young; Treas. Jos. McAneny; Atty. W. H. Rose; Ch. Engr. G. Nelson Smith. Drrecrors.—E. M. du Pont, S. E. Young, Jos. McAneny, P. A. Rose, G. N. Smith, Johnstown, Pa.; C. J. Crowley, Philadelphia, Pa.; S. S. Crane, Altoona. Southern Cambria Railway Co.—Chartered in Pennsylvania in July, 1905, as successor to the Johnstown Terminal Street Ry. Co. Franchise granted for 99 years. Connects Johnstown, Conemaugh, South Fork and Ebensburg. CAPITAL STOcK, authorized and issued, $1,000,000; par $50. FuNDED Dersr.—First mortgage 5 p. c. gold coupon bonds, au- thorized and outstanding, $600,000; dated May 1, 1909, due May 1, 1939; denom. $100, $500 and $1,000; int. payable May and Nov. at Windsor Trust Co., New York City, trustee. Subject to call at 105 and interest. Consolidated mortgage 5 p. c. gold coupon bonds, authorized $750,000, outstanding $599,100; dated June 1, 1909, due June 1, 1939; denom. $100, $500 and $1000; int. payable June and Dec. at Windsor Trust Co., New York City. Subject to call at 105 and interest. OPERATION.—Year ended June 30, 1913. Total operating réevenueys od von s cas ds as dow Gandanuinae ssles $117,896 Total operdting eXPeNses....... cece cece reece eee e tenes 53,042 Net operating revenue....... 0. cee eee eee tent ee ee eens 64,854 TAK OS), sicacstve cu ccvindicpn-iecee valance anGhat/et ed Silva: Sadeniastansregey eieaae ReaMagh oe wie els 3,600 Interest on funded debt... .... cece cece e eee eee 54,139 se © floating EDL. cceeeic eg cccsie s wielieeieseie wiaraie ceils notin > 7,101 Surplus for year... 2c... cece ccc s eter e eee ee este ees eeees 14 Operating expenses p. c. of earnings.........-+ +e eee eee eee 44.2 STATISTICS OF TRAFFIC. Year ending June 30, 1913. Car miles run (passenger).......ccee cece cence ee ee tee eeeee 103,018 Car hours (pasSenger)........ cece eee e cence eee eee e ee eeee 6,124 Average total revenue per car mile... ......-.- sees ee eee eee $.286 Operating expenses ie EL 5 cata ae dahon deaiave doa “sare eiane a -126 BALANCE SHEET.—Dated Nov. 30, 1913. ASSETS. LIABILITIES. Cost of road & equip.. $2,056,887 Capital stock......... $1,000,000 Gash u 904 e* $037,521 6,182,693 Fixed charges. ...------+e+--+++ 3,411,720 1,301,509 1,565,740 Net income after fixed charges.. 4,620,714 4,336,012 4,616,953 Improvements, extensions, etc... 1,905,751 1,198,811 Car trust notes retired.........-- 40,000 Net divisiblé incotiesy...aee240% 2,674,963 3,418,142 DividendS.n6c ircsguan cavern diacy wtenspors beneteuan ae ie 1,083,627 1,191,394 Passenger car miles:. vo cgu kis aealeegeene a 3,823,473 4,047,692 Freight, express and mail car miles.......... 8,768 6,022 Passenger car Nowrtss sce s0d0 cade auveariaea’ 480,695 497,038 Freight, express and mail car hours.......... I,590 1,636 Revenue per.car mile... sesccce senasen Gece ws $.335 $.348 Operating expenses per car mile.............. 174 -IQI7 BALANCE SHEET.—Dated June 30, 1913. ASSETS. LIABILITIES. Construction and equip. .$ 63,870 Capital stock. ...........$900,000 Con.& equip. leased lines. 338,231 Current liabilities........ 58,005 Securities owned........ 600,000 Accrued taxes........... 64,741 Cash and current assets.. 351,231 a TENS pois Sdwdinss 71,662 Supplies on hand....... 47,716 Reserves................ 166,481 SUTPIUS sien wear eet 5 ais a 44,727 Totalaies cocnsanies $1,353,332 Potala. caresses cians $1,353,332 TRACK AND EQUuIPMENT.—Miles of track operated, 105.22; 111 pas- senger motor cars, 62 passenger trail cars, 27 service and miscel- laneous cars. 290 McGRAW ELECTRIC RAILWAY MANUAL PENNSYLVANIA OFFICERS.—Pres, Abram Nesbitt; V. Pres., Gen. Mer. & Pur. Agt. T. A. Wright; Sec. & Treas. C. W. Laycock; Audr. Thos. A. Wright, Jr.; Atty. Paul Bedford; Supt. Transpt. E. G. Ervin. DIREcCTORS.—Abram Nesbitt, F. M. Kirby, H: B. Schooley, Abram G. Nesbitt, C. W. Laycock, Wilkes-Barre, Pa. : (GENERAL OFFICE, S W. Market St.; repair shops and power station, Wilkes-Barre, Pa. E WILKES-BARRE & LUZERNE STREET RAILWAY CO.— Incorporated Sept. 23, 1910, and leased to the Wilkes-Barre Railway Co. for 795 years at an annual rental of 6 p. c. on the stock and in- terest on the bonds. Lessee owns practically entire stock. Owns power plants which furnish power to lessee’s system of railways. Annual meeting second Monday in Jan. CaPpiTaL Stock, authorized and outstanding, $300,000; par $50. Funxpep DeEst.—First mortgage 5 p. c. gold bonds, $600,000; dated Feb. 1, 1911, due Feb. 1, 1941, but subject to call Feb. 1, 1916, at 105; int. payable Feb. and Aug. 1, at Miners’ Bank of Wilkes- Barre; guaranteed, principal and interest, by endorsement by the Wilkes-Barre Railway Co. : TRACK AND EQUIPMENT.—Miles of track, about 5; 20 cars. WILKES-BARRE & WYOMING VALLEY TRACTION CO. —Chartered Feb. 9, 1891. Annual meeting fourth Monday in Jan. On Jan. 1, 1910, this road, With all leased and controlled lines, was leased, for 800 years, to the Wilkes-Barre Ry. Co. Controlled by the United Power & Transportation Co., of New Jersey which owns a majority of the stock. Controls and leases lines in Wilkes-Barre and in the Wyoming Valley as follows: : -—-Capital Stock—. Funded Issued. Owned. Debt. W.-Barre & Kingston Pass.Ry.Co...¢100,000 $§ 99,700 § 90,000 W.-Barre & Suburban St Ry.Co.... 100,000 93,500 *40,000 Coalville Pass. Ry. Co............. 62,400 36,300 none. Plymouth 'Sts-RYo Css saci catoctsines 12,000 12,000 a Pittston Street Car Co.............. 200,000 200,000 200,000 Pittston, Moosic & Pl. Val.St.Ry.Co. 42,000 42,000 none. West Pittston & Wyoming St.CarCo. 30,000 30,000 a Nanticoke St. Ry. Co... esce ce ee 6,000 6,000 He Wilkes-Barre & West Side Ry. Co... 100,000 92,450 *35,000 Wilkes-Barre & East Side Ry. Co...§150,000 §150,000 §150,000 Plymouth Bridge Co..... ...... 75,000 75,000 119,000 Wilkes-Barre, Dallas & Harvey's LAE BGs cog ox ep ead ss Bee 200,000 200,000 150,000 Plymouth & Larksville Ry. Co ..... 75,000 75.00 Wilkes-Barre & Plains St Ry. Co... 2.4,000 all 190,000 Pittston & Avoca Street Ry. Co..... 13,500 all 60,000 SNote.—Stock and bonds are owned by the Wilkes-Barre & Wyo- ming Valley Traction Co. and are deposited under the collateral trust of 1895, and no interest is payable thereon as long as the interest is paid regularly on the collateral trust bonds. *Owned by Pittston Street Car Co. sinking fund. COMPANIES IN SYSTEM. Miles. Yrs. Yearly Rental. W.-Barre & Kingston Pass. Ry. Co. §.30..999..6 p.c. on stk. & bd. int. W.-Barre & Suburban St. Ry. Co..12.12..999..6 ‘* “ ws Coalville Passenger Ry. Co....... 7.65..999..6 p. c. on stock. Plymouth Street Ry. Co.......... 5.95.. 99.-S1 and taxes. Pittston Street Car Co..........-. 7.90..999. St, int. on bds.& taxes Pittston, Moosic & Pl. Val. St. Ry. 1.49..999..$1 and taxes. West Pittston & Wyo. St. Ry. Co.. 2.94.. 99..$1 ** a Nanticoke Street Ry. Co ......... 16.1722.Q9.8r ia W.-Barre & West Side Ry. Co....15.74..999..6 p.c. on stk. & bd. int. W.-Barre & East Side Ry. Co..... 3.28..999.. Interest on bonds. Plymouth Bridge Co...........+-: 3 2 W.-Barre, Dallas & Har’s Lk. Ry. .13.22.. .. Int. on bonds & taxes. Plymouth & Larksville Ry. Co.... 3.62. 999..6p.c.onstk. & bd. int. W.-Barre & Plains Street Ry. Co.. 4.00..900. .Interest on bonds. Pittston & Avoca Street Ry. Co... 1.25..900.. * ed Plymouth & W.-Barre Turnpike Co. CAPITAL STOCK, authorized and issued, $5,000,000; par, $100. DIVIDENDs.—Dividends of I p. c. were paid in Jan., 1896, 1897, 1898 and 1899; from July 1, 1899, to and including June 30, IQIO, 3 p.c. perannum; for period June 30 to Dec. 31, 1910, 25 p.c.; 1911, 5 p.c; IQI2, 5-0 p. C} I9QT3, 5-94 Pp. C. FunDED Destr.—First mortgage 5 p. c. gold bonds, authorized and issued, £1,500,000; coupon, but mav be registered; dated Apr. 1, 1891. due Apr. 1, 1921; denom. £1,000; int. payable (free of tax) Apr. and Oct. at Provident Life & Trust Co., of Philadelphia. Collateral trust mortgage 5 p. c. gold bonds, authorized $325,000, outstanding $278,000; coupon, but may be registered; dated Jan. 1, 1895, due Jan. 1, 1925; int. payable Jan. and July at Anthracite Sav- ings Bank, of Wilkes-Barre, trustee. Secured by deposit with trustee of €150,000 stock and $150,000 first mortgage 5 p. ¢. bonds of the Wilkes-Barre & East Side Ry. Co.; $85,000 stock of the Wilkes-Barre & Suburban Street Ry. Co.; $15,000 stock of the Wilkes-Barre & West Side Ry. Co.; and a second mortgage on all the property and fran- chises of the company. Collateral trust mortgage 5 p. c. gold bonds, authorized and issued, $250,000; coupon, but may be registered; dated Dec. 15, 1902, due Dec. 13, 1922; int. payable June and Dec. (free of tax) at the Real Estate Litle, Insurance & Trust Co., of Philadelphia, trustee, or at office of company in Wilkes-Barre. Secured by deposit with trustee of $193.750 stock of Wilkes-Barre, Dallas & Harvey's Lake Ry. Co., $6,250 stock of Wilkes-Barre Suburban Street Ry. Co., $22,750 stock of Wilkes-Barre West Side Ry. Co., $48,700 stock of Wilkes-Barre & Kingston Passenger Ry. Co., and by mortgage on all the property and franchises of the company. Pittston Street Car Co.’s first mortgage 6 p. c. gold bonds, au- thorized and outstanding, £200,000; coupon, but may be registered; dated Dec. 1, 1893, due Dec. 1, 1918; denom. §1,000; int. payable June and Dec. at Real Estate Trust Co., of Philadelphia, trustee. These bonds are guaranteed, principal and interest. Plymouth Bridge Co.'s first mortgage 5 p. c. gold bonds, author- ized and issued, $150,000; outstanding, $116,000; dated Oct. 1, 1894; due Oct. 1, 1924; $10,000 subject to call in 1904, thereafter $3,000 per annum; int. payable Apr. and Oct. at Anthracite Savings Bank, trus- tee. Guaranteed, principal and interest. Wilkes-Barre & Suburban Street Ry. Co.'s 4 p. vc. bonds, $40,000; due July 1, 1918. Wilkes-Barre & West Side Ry. Co.'s 5 p. c. bonds, $35,000; due Sept. 2, 1918. Wilkes-Barre & East Side Ry. Co.'s 5 p. c. bonds, $150,000, dated Jan. 1, 1895, due Jan. I, 1925. Wilkes-Barre & Kingston Passenger Ry. Co.’s 5 p. c. bonds, $90,000; due Aug. 1, 1918; int. payable Feb. and Aug. TRACK AND EQUIPMENT.—Miles of track in system (electric), 100.63. GENERAL OFFICE, Wilkes-Barre, Pa.; power stations at Wilkes- Barre and Dorranceton. WILKES-BARRE, DALLAS & HARVEY'S LAKE RAILWAY CO.—Chartered Jan. 29, 1896. Successor by purchase, at foreclosure sale, of all property, franchises, etc., of the Wilkes-Barre & Northern R. R. Co., which was chartered in 1896 for 999 years. Annual meet- ing fourth Monday in Jan. Controlled by the Wilkes-Barre &Wyoming Valley Traction Co., which, with this company, on Jan. I, IgI0, was leased for 800 years to the Wilkes-Barre Railway Co. CapITAL STocK, authorized and issued, $200,000; par value, $50. FunpEep DestT.—First mortgage 5 p. c. gold bonds, $150,000; coupon, but may be registered; dated Sept. 15, 1898, due Sept. 15, 1928; denom. $500; int. payable Mar. and Sept. at office of the com- pany; trustee, Anthracite Savings Bank, of Wilkes-Barre, Pa. TRACK AND EQUIPMENT.—Miles of track (electric) owned 13, trackage 4; 18 cars, of which 8 are motor cars and 6 are trail cars, IT snow plow and 1 sweeper. GENERAL OFFice, Wilkes-Barre, Pa.; power station at Luzerne. WILLIAMSPORT. Population in 1900, 28,757; in 910, 31,860. Williamsport Passenger Railway Co.—Chartered Apr. 15, 1863. Controlled by the Lycoming Improvement Co. CariTaL STOCK, authorized $600,000, issued $338.550; par $25. DIVIDENDS.—For 1G05-06, 6 p. c.; 1906-07, 5% p. c.; 1907-08, 1908-09, 1909-10, I9TO-II, 6 p. c.; 1912, 6 p.c.; 1913, 6 p.c. FunpEp DEst.—First mortgage 6 p. c. coupon bonds, authorized and issued, $169,000; dated June 1, 1892, due June 1, 1922; denom. $500; int. payable June and Dec. at Northern Central Trust Co. OpERATION.—Year ended June 30, 1913. Total operating rev- enue; $157,829; total operating expenses, $117,402; net operating revenue, $40,427; taxes, $4,260; interest, $15,300; net divisible in- come, $20,867; dividends, $20,313; surplus for year, $554. TRACK AND EQUIPMENT.—Miles of track (electric), 8.5: 27 motor cars, 7 trail cars, 2 sweepers, 2 snow plows and 5 work cars. Orricers.—Pres. C. LaRue Munson; tst.V. Pres. Chas. Cochran: Sec. & Treas. Jos. W. Cochran, Jr.: Gen. Mgr. E. H. Davis; Asst. Mgr. Geo. KE. Wendle; Aud. Harry Hill; Mast. Mech. J. W. Strawbridge; Supt. Tracks, H. M. Colton. DirectTors.—E. H. Davis, Jos. W. Cochran, Jr., Chas. Cochran, C. La Rue Munson, all of Williamsport, Pa.; J. R. Davis, Phila- delphia, Pa. : GENERAL OFFIcF, cor. West and Willow Sts., and repair shops, Williamsport. Fast End Passenger Railway Co.—Chartered June 1, 1892. Annual meeting second Monday in Jan. Controlled by Lycoming Improvement Co. ne. CaPITAL Stock, authorized, $50,000; issued, $38,050; par $50. DiviDENDs.—In 1907, 8 p. ¢.: 1908 to 1913, IO pec. FUNDED DEsBT.—First mortgage 6 p. c. coupon bonds, authorized, $50,000; issued, $28,030; dated Dec. 1, 1893, due Dec. 1, T913 (ex- tended); denom. $500; int. payable June and Dec. at Northern Central Trust Co. PENNSYLVANIA McGRAW ELECTRIC RAILWAY MANUAL 291 dike oe ended June a 1913. Total operating revenue, OPERATION (Consolidated account). »758; total operating expenses, $17,428; net operating revenue, i : $3,330; ‘taxes, $480; interest $1,008; net divisible aeons, $1,842; ppever des Rate ae oa ot dividends, $1,800; surplus for year, $42. ye es CAMINgGS.... cee cece eee eee eee pene 7? Wet e8 . ei ed ares oa eo Handed »520 , TRACK AND EQuiIpMENT.—Miles of track (electric), 2.8: 2 motor cars. Fem Ne Aepreciation & rehabilitation. eon pa ee OrFicEers.—Pres. & Gen. Mgr. Ernest H. Davis; 1st V. Pres. a yy. ~ Chas. Cochran; Sec. & Treas. Jos. W. Cochran, Jr.; Elec. Geo. E, | Net earnings............ 00 cceeeeeeenee 305,953 328,361 347,638 Wendle. Miscellaneous income............s00005 4,449 4,230 5,257 Directors.—E, H. Davis, Jos. W. Cochran, Jr.; C. La Rue Mun- ‘lem ane son, Chas. Cochran, Williamsport, Pa.; J. R. Davis, Philadelphia, Pa, | Total income................ essen eee 310,402 332,591 352,895 GENERAL OFFIcE, West and Willow Sts., Williamsport, Pa. BINGO CATBes BiG NOMESi ce iede meee Bad 259927 250/078 NGt INCOM Gls. «6-24 25 apes eaten Aah ee 66,328 80,264 95,917 Dividend ’s; sscacaswdiwds- doles vedere es 16,000 64,000 80,000 South Side Passenger Railway Co.—Chartered Mar. 31, 1892. — 7 7 Controlled by the Lycoming Improvement Co. a Sp rad previous year .-.-.....--. pur nee 601889 CAPITAL STOcK, authorized and issued, $25,000; par $50. ne en aes a aoe DivipENpDs.—For year ended June 30, 1906, 72 p. C.; 1907, 8 p.c.; Letalisurplusiw.ccpesingen oe atte Goueele 60,889 76,806 1908, 1909, IgIO, III, 1912 and 1913, 10 p. c. : FuNDED DEBT.—First mortgage 6 p. c. bonds, authorized and STATISTICS OF TRAFFIC. issued, $25,000; dated Aug. 1, 1895, due Aug. 1, 1925; denom. $1,000; : int. payable Feb. and Aug. Year ending Nov. 30, IQII. 1912. 1913. Operation.—Year ended June 30, 1913. Total operating revenue, | Fare passengers carried............. 6,495,946 6,783,453 7,181,651 $24,843; total operating expenses, $19,900; net operating revenue, Transfers redeemed Sete ke ae eave eer eae 1,140,199 1,186,637 1,281,863 $4,943; taxes, $660; interest, $,1,500; net divisible income, $2,783; Passenger car mileage................1,666,383 1,694,102 1,767,838 dividends, $2,500; surplus for year, $283. Freight éte, 8 caguanni ied Drones 57,878 58,368 63,332 TRACK AND EQUIPMENT.—Miles of track (electric), 1.8; leases cars. oo PREG Babin iced ee arse eo OFFIcERS.—Pres. & Gen. Mgr. Ernest H. Davis; Sec. & Treas. Average pecenie per car ile ck $'290 gen eee Jos. W. Cochran, Jr., Williamsport, Pa. Operating expenses percar mile...... 149 «149 156 Directrors.—Jos. W. Cochran, Jr., Charles Cochran, C. La Rue Munson, J. R. Davis, E. H. Davis, all of Williamsport, Pa. BALANCE SHEET.—Dated Nov. 30, 1913. GENERAL OFFICE, West and Willow Sts., Williamsport, Pa. ASSETS. LIABILITIES. Cost of road and equip.$8,378,510 Capital stock.......... $4,100,000 Securities owned...... 17,240 Funded debt.......... 3,772,000 Gash: incase cose tees 14,062 One andtwo-year notes 350,000 Vallamont Traction Co.—Chartered May 15, 1894. Annual | Brown Bros. & Co. cash Accrued int. on float- meeting Jan. 9. Controlled by Lycoming Improvement Co. to pay int. on bonds ing debt and taxes... 31,584 CapPITAL Stock, authorized $200,000, issued $162,700; par $50. and notes..."........ 103.650 Bills & accts. payable.. 177,299 ape Foes caged Gane coe aek. oe : , Bills and accounts re- Unredeemed tickets... 6,694 y June 30, 1906, 7§ p. c.; 1907, 8 p.c.: ceivable, etc 29,715 Accrued int. on bonds 1908 and 1909, Io p. c.; IgI0, 8 p. C.; IQII, 1912 and 1913, 9 p. c. Material and supplies.. 92.404 and notes........... 103,625 Funpep Dest.—First mortgage 6 p. ce. coupon bonds, authorized | Prepaid accounts....... 2,108 Reserves.......5...005 35,744 and issued, $100,000; dated Aug. 1, 1894, due Aug. 1, 1924; denom. | Disct.on bonds & notes ‘16,599 Other liabilities........ 1,583 $1,000; int. payable Feb. and Aug. CNET BRGOTS ids ae aes 1,047 Profit and loss (surplus) 76,806 OPERATION.—Year ended June 30, 1913. Total operating rev- Saree Sore aan enue, $38,132: total operating expenses, $21,164; net operating Total useevucs veces 8 $8,655,335 Total............... 88,655,335 revenue, $16,968; taxes, $1,620; interest, $6,188; net divisible income, $9,160; dividends, $9,153; surplus for year, $7. Track AND EquipMen?t.—Length of line, 74.24 miles; miles of TRACK AND EQUIPMENT.—Miles of track (electric), 4.75; 7 motor passenget cars. Orricers.—Pres. & Gen. Mgr. Ernest H. Davis; rst V. Pres. Chas. Cochran; Sec. & Treas. Jos. W. Cochran, Jr.: Audr. H. Hill; Ch. Elecn. & Elec. Engr. Geo. E. Wendle; Mast. Mech. J. W. Strawbridge; Supt. of Tracks, H. M. Colton, all of Williamsport, Pa. Direcrors.—Jos. W. Cochran, Ir., Chas. Cochran, C. La Rue Munson, J. R. Davis, E. H. Davis, Williamsport, Pa. GENERAL OFFICE, West and Willow Sts.; repair shop, West 4th and Grier Sts., Williamsport, Pa. YORK. Population in 1900, 33,708; in 1912, 44,750. York Railways.—Charter granted Nov. 15, 1907, in perpetuity. Has acquired the holdings of the York County Traction Co. and is a consolidation of the following: York Street Ry., the York & Dover Electric Ry., the York & Dallastown Electric Ry., Wrightsville & York Street Ry. Co., York Haven Street Ry. Co., Red Lion & Windsor Street Ry. Co. and Hanover & York Street Ry. Co. Owns entire capital stock of the York Suburban Land Co. and the York Steam Heating Co.: and all except one-half share of the capital ftock of Edison Light & Power Co. Annual meeting second Monday in Jan. ‘ CapiraL STocK.—Common, authorized and outstanding, $2,500,- 000; par value, $50; preferred 5 p. c. cumulative, authorized $2,000,000, outstanding $1,600,000, in treasury $400,000; par value, $50. DivipENnps.—First dividend on preferred stock, 1 p.c., paid July, IQII; in 1912, 4 p. C.; in 1913, 4% P. C.; in 1914, Jan., 2% p.c. FunpED Dest.—First mortgage and collateral trust 5 p. c. gold coupon bonds, authorized $10,000,000, issued $4,287,000, outstand- ing, $3,772,000; in treasury $667,000; dated Dec. 1, 1907, due Dec. 1, 1937; denom. $1,000; int. payable June and Dec. at Brown Bros. & Co., Philadelphia, Pa.; Guarantee Trust & Safe Deposit Co., Phila- delphia, Pa., trustee. Callable at one month’s notice at IIo and int. Further secured by deposits as collateral of stock of the Edison Light & Power Co., York Suburban Land Co. and York Steam Heating Co. Collateral trust 6 p. c. gold notes, secured by a deposit of $667,000 par first mortgage and collateral trust bonds; outstanding $500,000; dated Feb. z, 1914, due Feb. 1, 1915: int. payable Feb. and Aug. I at Brown Bros. & Co., Philadelphia, Pa. track (electric), 83.64; 69 motor passenger, 4 motor freight and 3 work cars, 4 sweepers, 2 service cars. OrrFicers.—Pres. & Gen. Mgr. Gordon Campbell; V. Pres. & Ch. Engr. Lewis C. Mayer; Sec. M.G. Stees; Treas. & Pur. Agt. Edw. A. Barnitz; Audr. Jno J. Landers; Gen. Counsel, George S. Schmidt; Supt. Transpt. Jos. E. Wayne. Direcrors.—Grier Hersh, W. F. Bay Stewart, Francis Farquhar, Dan’! F. Lafean and John C. Schmidt, Gordon Campbell, York, Pa.; Benjamin W. Frazier, John C. Dawson, Philadelphia, Pa. GENERAL OFFICE, 27 West Market St.; power station, Water and Gas Alley; repair shop, Pennsylvania Ave. and Hartley St., York, Pa. RHODE ISLAND. NEWPORT. Population in 1900, 22,034; in IgI0, 27,149. NEWPORT & FALL RIVER STREET RAILWAY CO.— Organized Feb. 23, 1898, asaconsolidation of the Middletown & Ports- mouth Street Ry. Co. of Newport and the Fall River & Stone Bridge Street Ry. Co. Absorbed on July 1, 1900, the Newport Street Ry. Co., and on Dec. 24, 1900, the Newport Illuminating Co. The Bay State Street Ry. Co. (see Boston, Mass.) operates the road under lease for 99 years from July I, 1go1, at a rental of 6 p. c. per annum on stock and interest on bonds. CapivaL STock, authorized $1,050,000, and issued $950,000; par $100. ; DIVIDENDS.—1907-I912, 6 p. c. per annum. FunpEep Desr.—Consolidated mortgage 4% p.c. bonds, author- ized $1,000,000, outstanding $573,000; reserved, $304,000 to retire prior liens and $123,000 for future additions at 50 p. c. of cost; coupon and registered; dated 1904, due July 1, 1954; denom. $1,000; int. pay- able Jan. and July at American Trust Co., Boston, Mass., trustee. First mortgage 5 p. c. bonds, outstanding, $240,000; dated 1898, due Aug. 1, rgt8; int. payable Feb. and Aug. at American Trust Co, Boston, Mass., trustee. Newport Illuminating Co.’s second mortgage 6 p. c. gold bonds, outstanding, $63,500; due Oct. 1, 1925; Central Trust Co., New York, trustee. 282 McGRAW ELECTRIC RAILWAY MANUAL RHODE ISLAND OrFicers.—Pres. P. F. Sullivan, Boston, Mass.; V. Pres. Angus McLeod, Newport, R. I.; Sec. Wm. P. Sheffield, Newport, R. I.. Treas. Jos. H. Goodspeed, Boston, Mass.; Asst. Treas. & Audr. H. H. Read, Boston, Mass.; Gen. Mgr. Robert S. Goff, Boston, Mass.; Gen. Supt. Geo. F. Seibel, Taunton, Mass.; Elec. Engr. C.F. Ban- croft, Boston, Mass. Direcrors.—P. F. Sullivan, Lowell, Mass.; Geo. R. Lawton, Tiverton, R.I.; Wm. G. Landers, William Paine Sheffield, Angus McLeod, Chas. A. Brackett, Newport, R. I.; Geo. R. Chase, Middle- town, R.I.; Robert S. Goff, Herbert H. Read, Fall River, Mass. GENERAL OFFICE, 84 State St., Boston, Mass. Newport & Providence Railway Co.—Organized in Dec., 1902, and commenced operation June 14, 1904. It connects New- port, Middletown, Portsmouth and Bristol Ferry by rail, and at Bristol connects with New York, New Haven & Hartford R. R. for Providence. CapiraL Srock.—Common, authorized and outstanding, $300,000: par value, $100 per share; non-cumulative preferred, authorized and outstanding, $150,000; par value, $100 per share. Funpep Dest.—First mortgage 5 p.c. gold bonds, authorized and outstanding, $300,000; dated July 1, 1912, due July 1, 1932, but redeemable on any interest day at par; denom. $500; int. payable Jan. and July at Augusta Trust Co., Augusta, Me., trustee. OpERATION.—Year ending June 30, 1913. Total operating rev- enue, $75,671; total operating expenses, $52,589; net operating rev- enue, $23,082; taxes, $1,792; other income, $916; interest, $15,000; surplus for year, $7,206. TRACK AND EQUIPMEN?T.—Mliles of track (electric), 13.983; 6 open and 4 closed passenger and 2 other cars. OFFICERS.—Pres. Edward A. Brown, Newport, R. I.; Treas. Geo. E. Macomber, Augusta, Me.; Supt. & Pur. Agt. G. M. Towle, Newport, R. I. Direcrors.—Edward A. Brown, F. B. Coggeshall, Newport, R.I.; Henry C. Anthony, Portsmouth, R. I.; Sumner Wallace, Rochester, N. H.; Geo. E. Macomber, Augusta, Me.; M.S. Bird, Rockland, Me. GENERAL OFFICE, Newport, R. 1.; repairshops, Middletown, R. I. PAWTUCKET. Population in 1g00, 39,231; in IgI0, 51,622. PAWTUCKET STREET RAILWAY CO.—Organized July 18, 1885. The United Traction & Electric Co. owns the capital stock. Leased on June 24, 1902, for 999 years, to The Rhode Island Co. CaprraL STOCK, authorized and outstanding $500,000, on which 6 p. c. dividends are paid. PROVIDENCE. Population in 1990, 175,597; in I910, 224,326. THE RHODE ISLAND CO.—Chartered Apr. 13, 1902. Organ- ized June 24, 1902, and leases and operates the Rhode Island Subur- ban Ry. Co., the Union R. R. Co., the Pawtucket Street Ry. Co., Providence & Danielson Ry., Sea View R. R. and Narragansett Pier R. R. On June 29, 1907, the Providence & Burrillville, the Columbian and the Woonsocket Street Ry. companies were purchased. Lines connect Providence, Pawtucket, Woonsocket, Central Falls, Warwick, East Greenwich, Cumberland, Lincoln, East Providence and Burrill- ville. The entire capital stock, originally owned by the Providence Securities Co., was acquired in 1908 by the New England Navigation Co., a subsidiary of the New York, New Haven & Hartford R. R. Co. The New England Navigation Co. was absorbed by the Consolidated Ry. Co., and the latter was then merged with the New York, New Haven & Hartford R. R. Co. FRANCHISE AGREEMENT. In order to carry into effect various recommendations made by Bion J. Arnold to the city of Providence, a franchise agreement was made on May 27, 1912, between the city of Providence and the Rhode Island Co. The preamble sets forth that the parties to the agreement mutually agree to co-operate to secure improved street railway trans- portation facilities in the city and better and safer conditions for the public. The principal clauses of the agreement provide substantially as follows: The company agrees to construct a subway or tunnel and build a double-track railway therein for street railway travel through part of College Hill within two years from the date when the legal title to the location decided upon is vested in the company. The city agreed to lay out a highway for access to the tunnel. When the subway or tunnel is ready for use and cars are operated therein, the company will discontinue operation in certain streets and remove the tracks in those locations. The city also agrees to give the company the right to lay additional tracks in certain streets after the delivery of the agreement. It was provided further that the city council, promptly after the delivery of the agreement, should grant to the company the right to lay new tracks in existing streets. The city further agreed to receive and build as a public highway certain streets, to grant rights to trackage thereon, and to widen other streets and permit the company to construct tracks thereon. Upon completion of the highway to be laid out by the city for access to the tunnel, and upon the comple- tion of each of the street improvements for which provision is made, the company, relative to each such highway improvement and its use thereof, agreed to pay annually to the city during the existence of any exclusive franchise enjoyed by the company, its successors or assigns, in the highway and improved streets respectively, an amount equal to 4% p.c. of one-third of the cost to the city of all land damages, in- cluding damages to buildings and other improvements, or of acquir- ing the highway right-of-way, and of one-third of all expenses of securing the highway right-of-way, whether by means of condemnation or purchase incident to the layout and widening of the highway and the other street improvements respectively. The payment of each such annual amount to the city relative to the highway and improved streets shall be made in equal installments in January and July each year, so long as the company, its successors or assigns, shall alone operate street railways in the highway and other improved streets, such payments, however, not to be made beyond the period of sixty years from the beginning thereof. One section relating to construction improvements prescribes the method of track construction for new or renewal work, the installation of electric switches within certain districts and at certain points, the use of automatic signals to replace gradually hand signals, the instal- lation of electric signal bells for passengers, the height of car’steps, changes in fenders, signs, sidewalk shelters, provision for the protec- tion of pipes, conduits and other property in streets belonging to the city from damage by electrolysis,and payment to the city of the amounts of all damages suffered by it from electrolysis, except that this provision shall not prejudice any legal or equitable rights or defences of the city or the company, and provides further that the city shall have the right to order the company to place all transmission lines, except trolley wires, in underground conduits, provided that such order is reasonably required in the public interest and its observance would not be unduly oppressive upon the company. All new passenger cars are to be of the pay-within type, and the city council may order the reconstruction of existing cars to conform with this type. Provisions are included affecting headway, rerouting, increase in the speed limit of cars, etc. Freight cars, except combina- tion baggage and passenger cars, are to be excluded from certain dis- tricts between 5 and 7 p. m. each day, and the city is given authority to prescribe the type, the route and the hours of operation, etc., of freight cars operated within the city, except in one case that is covered by a specific agreement. Other clauses relate to the removal of snow and ice, sprinkling of streets, the agreement by the company under certain conditions to permit joint use of its poles, etc. The city has the right at any time, upon not less than one year's previous notice in writing, to purchase from the company or its suc- cessors the subway or tunnel, the approaches thereto, the railways and appurtenances therein, and the location thereof between certain streets, at a price equal to the actual cost, but not including any ex- pense of repairs, maintenance or other expense arising subsequent to the time when this improvement shall be ready for use. The company agrees to keep an accurate record of the cost and to file it with the city. In case the city council shall not object to the statement of cost within six months, the statement shall be conclusive. If-the city objects, the cost shall be determined by arbitration. In case of pur- chase, if the city shall not then own the railway system, the city shall give, and the company or its successor shall take, a lease of the sub- way, approaches and appurtenances for so long a time as the company or its successor shall have the right to operate street railways, and for such amounts of annual rental as shall be just and equitable in view of the purchase price and as may be agreed upon by the parties. The company, for the period of twenty years from July 1, 1912, shall have the exclusive right in the city of Providence to operate by any motive power and in any manner in which it may lawfully do at that date, or thereafter be authorized to do during the period men- tioned, its system of railways, subject to such reasonable rules and regulations by the city council as to the rate of speed, the manner of operation and the grade of location and construction, etc., as the public good may require. If at any time any method of street car propulsion other than the trolley system shall be invented or per- fected, so as to be of such greater practical and commercial value than the trolley system as to reasonably warrant the company to adopt the improved system, the city shall have the right to order the re- moval of poles and wires. The company shall make reports to the city on or before the 30th day of January, April, July and October of the gross earnings for each such period of three months next preceding the first day of the months mentioned as is included within the period of twenty years and shall pay to the city in full payment for the rights and privileges in the streets and highways a special tax upon the gross earnings at the rate of 5 p. c. thereof. The gross earnings from such business in the city of Providence shall be taken to be that proportion of the whole gross earnings which the length of tracks in the streets and highways of the city bears to the total length of all tracks, and all the present tracks of the subsidiary Union R. R. Co. in the towns of War- wick and Smithfield. If the Providence Cable Tramway Co. is oper- ated as an independent system with a single fare and without trans- fer privilege to any other railway, the gross earnings from the opera- tion thereof shall be the actual receipts from such operation. So long however, as such railways are operated as part of the system of the Union R. R. Co., with a single fare limit and transfer privilege ex- tending beyond the Providence Cable Tramway Co., the Rhode Island Co. shall state the gross earnings of the entire business. The city council may order extensions, which shall be made. The company shall transport passengers and cars of any other line con- necting with its line at a terminal point for a fair and reasonable RHopE IsLAND McGRAW ELECTRIC compensation, to be determined in default of agreement by the Public aise Commission, subject to the right of appeal to the Supreme ourt. The company shall not at any time during the twenty years charge any greater rates of fare than the rates charged at the date of delivery of the agreement for such or equivalent service. The right to free transfer tickets shall not be affected by any provisions of the agreement, but no transfer privilege extending transfer limits beyond the city limits as prevailing at the time of delivery of the agreement shall be diminished during the period of twenty years, unless such privilege shall be deemed to be an undue or unreasonable preference or advantage under the public utilities act. Policemen and firemen of the city in regular uniform shall be carried free of charge within the city unless such privilege shall be held by the Public Utilities Commission to be an undue or unreasonable preference or advantage under the public utilities act. It is provided that at the expiration of the period of twenty years the agreements shall terminate absolutely; but this agreement is made and all matters therein are to be construed and held to be with- out prejudice to any claim or to the legal position of the city, the Rhode Island Co. or its subsidiaries, or their successors or assigns, with respect to any rights, privileges or franchises of the companies under any existing charter, law or contract. CaPiITaL STock, authorized and outstanding $9,685,500. DivipENps.—First dividend paid June 30, 1909, 5 p. c.; in 1910 and IgII, 6 p. c.; in 1912, 3 p. c.; in 1913 6 p. c. OprERATION.—Year ending June 30, IgIt. IgI2. 1913. Earnings from passengers......... $4,381,837 $4,672,726 $4,900,951 a fe “freight d..h2.4c.ee 192,021 248,183 268,864 “ ‘other sources...... 202,367 219,031 287,168 GroSS INCOME... ... ee eres cee e eee 4,776,225 5,139,940 5,456,983 Operating expemses.......... .+0 2,779,991 3,198,850 3,136,437 Gross income less operating exps... 1,996,234 1,941,090 2,320,546 INCETESt cesciern eas Soho ys Bes aw 18,902 28,210 78,525 TaXGS. occu erase Beets 309,984 374,337 425,177 Other deductions.............. 1,065,792 1,150,944 ‘1,146,794 Net income........ 0. eee cece eres 601,556 387,599 670,050 Dividends ci:ccieeeiiinid< ection Gea 581,130 290,565 581,130 Surplus for year........ eee e eee eee 20,426 97,034 88,920 Total surplus.......... esse esse eee 926,199 1,129,529 STATISTICS OF TRAFFIC. Year ending June 30, IgII. IgI2. 1913. Passengers carried.........-.06+ .87,326,950 93,126,679 98,189,789 BaLANcE SHEET.—Dated June 30, I913. ASSETS. LIABILITIES. Cost of road and equip.$11,562,709 Capital stock......... $9,685,500 Stocks of other cos... 2,442,620 Accrued interest...... 45,477 Bonds ‘* ‘‘ a 108,745 Bills payable. ........ 2,425,000 Cash... cee eeeeerceees 192,616 Accounts payable..... 230,275 Bills receivable...... ‘ 11,374 Reserves..........40- 1,339,480 Accounts receivable.. 133,687 Other liabilities....... 131,762 Material and supplies. 444,264 Profit &loss(surplus). 1,129,529 Prepaid accounts...... 10,920 Other assets.....----: 80,088 Mota badaiatukeda Cees $14,987,023 TOtal .cidieiganneanaw's 3 $14,987,023 TRACK AND EquipMENT.—Miles of track (electric), 384.56; 975 passenger Cars, 85 freight cars, 151 other cars. Orricers.—Chairman of the Board of Directors, Howard Eltiott; Pres. A. E. Potter, Providence, R. 1.; V. Prests. A. T. Potter, E. G, Buckland, New Haven, Conn., D. F. Sherman, Providence, R. I.; H. M. Kochersperger, New Haven, Conn.; Mgr. of Pur. & Supplies, H. A. Fabian, Boston, Mass.; Sec. A. E. Clark, New Haven, Conn.; Asst. Sec. N. W. Smith, Providence, R.I.; Treas. A. S. May, New Haven, Conn.; Asst. Treas. E. E. Worrall, Providence, R. I.; Compt. C. A. Babcock, Providence, R. 1.; Gen. Mgr. A. E. Potter; Supt. Transpt. R. R. Anderson, Providence, R. I.;Pur. Agt. J. H. Sanford, New Haven, Conn., Ch. Engr. H. W. Sanborn, Providence, R. I.; Supv. Equip. W. D. Wright, Providence, R. I.; Supv. Mot. Power, Wm. Pestell, Providence, R. I.; Supt. Track & Roadways, H. F. Purrington; Claim Agt. C. E. Redfern. NARRAGANSETT. PIER R. R. CD alesse the Rhode Co. for ears from June, IgII, at a rental sufficient to pay oe oa beads oe 4p.c.onstock. Extends from Narragansett Pier to Kingston (8.5 miles). At present operated by steam, but is to be electrified and operated in connection with the Sea View R. R. Co. Capra Stock, authorized and issued, $133,800. : ‘ 4 Funpep Dest.—First mortgage 4 p. C¢. bonds, authorized an outstanding $70,000; due Aug. 1. 1916; int. payable Feb. and Aug. at Rhode Island Hospital Trust Co., Providence, R. I., trustee. RAILWAY MANUAL 293 UNITED TRACTION & ELECTRIC CO.—Chartered in New Jersey, and owns the Union Railroad Co., of Providence, the Paw- tucket Street Ry. Co. and the Rhode Island Suburban Ry. Co. The subsidiary companies are leased to The Rhode Island Co. for 999 years, at rentals sufficient to pay the interest on the 5 p.c. bonds of the United Traction & Electric Co., and 5 p.c. annual dividends on its stock. CapiraL STOCK, outstanding, $8,000,000. Divipenps.—In July, 1897, 2 p. v. per annum. This was in- creased tu I p.c. quarterly in January, 1899, and continued until Oct., 1902, when 1 p.c. was paid. The latter rate has been continued. Funpep Desr.—First collateral mortgage (Providence and Paw- tucket issue) 5 p.c. gold bonds, outstanding, $9,090,000; dated Mar. I, 1893, due Mar. 1, 1933; denom. $1,000; int. payable Mar. and Sept. at Central Trust Co., New York, trustee. Total issue limited to $9,000,000. Secured by deposit of the following with the trustee: $9,000,000 stock and $3,000,000 first mortgage bonds of Union Railroad Co., of Providence, $500,000 stock of the Pawtucket Street Ry. Co., and through the ownership of the Union Railroad Co., $299,800 stock of the Providence Cable Tramway Co. RHODE ISLAND SUBURBAN RAILWAY CO.—Chartered in Rhode Island to construct, purchase, lease or operate in any part of the state except Newport County. Controlled by the United Trac- tion & Electric Co., but is leased to The Rhode Island Co. for 999 years from June 30, 1904. CaPiTAL STocK, $5,000,000, owned by United Traction & Elec. Co. DIVWEND, June 30, 1910, 2 p. c. Funpep Drsr.—First mortgage 4 p.c. gold bonds, authorized $5,000,000, outstanding $4,682,000; coupon, but may be registered; dated Jan. 1, 1900, due Jan. 1, 1950; denom. $1,000; int. payable Jan. and July at office of the company; Union Trust Co., Providence, trustee. Secured by a mortgage of all the property owned or here- after acquired, and pledge of 700 shares of the Cumberland Street Ry: Co., 3,985 shares of the Pawtuxet Valley Electric Street Ry. Co., and 5,000 shares of the Barrington, Warren & Bristol Street Ry. Co. UNION RAILROAD CO.—Organized Feb. 2, 1865. Controlled by the United Traction & Electric Co., but is leased to The Rhode Island Co. for 999 years from June 24, 1902. CaPITAL Stock, authorized and outstanding, $9,000,000. Rental dividend, 8 p.c. Funpep DexstT.—Bonds outstanding, $25,000. PROVIDENCE CABLE TRAMWAY CO.—Organized July 24, 1884. Leased to the Union R. R. Co. Jan. 1, 1895, for 50 years for 6 p. c. on the capital stock. CAPITAL STOCK, authorized and outstanding, $300,000. PROVIDENCE & DANIELSON RAILWAY CO.—Chartered Apr. 18, 1893, in perpetuity. Annual meeting third Wednesday in Jan. This road connects Providence, R. I., with Danielson, Conn. It has-terminal arrangements with The Rhode Island Co. in Rhode Island and with The Connecticut Co. in Connecticut. Leased, effect- ive July 1, 1911, for 999 years to The Rhode Island Co. Annual rental, I p. c. on stock, interest on bonds, taxes and all charges. CaPITaL STOCK, authorized and issued, $1,000,000; par $100. FunpDED Dexsr.—First mortgage 5 p. c. gold coupon bonds, au- thorized and issued, $600,000; dated May 1, Igo1, due May 1, 1931; denom. $1,000; int. payable May and Nov. at the Industrial Trust Co. of Providence, trustee. PROVIDENCE, WARREN & BRISTOL RAILROAD.—Or- ganized Oct. 1850. Leased to Old Colony R. R. Co. in 1891, and on Mar. 1, 1893, Old Colony R.R.,with its leased lines, was leased to the New York, New Haven & Hartford R. R. Co. This branch has been equipped for electric operation. The branch comprises double track from Providence to Warren, and single track from Warren to Fall River, with a single track branch from Warren to Bristol. CapiraL STOCK, authorized, $1,000,000; common, issued, $724,600; preferred, issued, $150,000. DIVIDENDS.—5 p. c. per annum (on common and preferred) to July I, 1g0T, then 6 p. c. payable semi-annually, Jan. and July. TRACK AND EQuIPMENT.—Miles of track (electric), 31.89; 32 motor cars, 28 electric trailers. WAKEFIELD. SEA VIEW RAILROAD CO.—Chartered July 28, 1887, in per- petuity. Annual meeting in Aug. Operates an electric railway be- tween East Greenwich, Wickford, Narragansett Pier and Wakefield, connecting with the Providence lines. Leased for 999 years to The Rhode Island Co., effective July 1, 1911. Annual rental, interest on bonds and 1 p. c. on stock for first 2 years, 2 p. c. 1914, 1915 and 1916; 3 p.¢. 1917, 1918 and I9gIg; 4 p. c. 1920 and Ig2t, and 5 p. c. in 1922 and subsequent years. CAPITAL STOCK, authorized and issued, $700,000, Funpvep Dest.—First mortgage 5 p. c. gold coupon bonds, author- ized $1,000,000, issued $600,000; Bowling Green Trust Co., trustee. McGRAW ELECTRIC RAILWAY MANUAL SoutH CAROLINA SOUTH CAROLINA. CHARLESTON. Population in 1900, 55,807; in I910, 58,833. Charleston Consolidated Railway & Lighting Co.—Incor- porated in South Carolina on Apr. 19, Ig10, and on fune 2r, IgIn, leased for 99 years the Charleston Consolidated Railway, Gas & Elec- tric Co. for an annual rental of 6 p. c. on preferred stock and 4 p.c. on common stock to July 1, 1911; 5 p. c. to Jan. 1, 1913, and 6 p. ¢. thereafter; also interest on Charleston Consolidated Railway, Gas & Electric Co. bonds. : CariTaL Srock.—Common, authorized and outstanding $1,500,- 000; preferred 6 p. c., authorized and outstanding $500,000; par $50. OrFicers.—Pres. P. H. Gadsden, Charleston, S. C.; V. Pres. Walton Clark, Philadelphia, Pa.; V. Pres. & Gen. Mgr. G. H. War- ing, Charleston, S. C.; Sec: G. W. Curran, Philadelphia, Pa.; Treas. James Ball, Philadelphia, Pa.; Asst. Sec. & Asst. Treas. C. M. Bene- dict; Audr. C. J. Bendt, Charleston, S.C.; Pur. Agt. J. A. Pearson, Philadelphia, Pa.; Supt., Gen. Fgt. & Pass. Agt. T. W. Passailaigue; Claim Agt. H. Irwin; Elec. Engr. W. J. Pollock; Ch. Engr. Pwr. Sta. J.-O. Moisson; Mast. Mech. F. H. Harris; Roadmaster, L. Y. Dawson, all of Charleston, S. C. CHARLESTON CONSOLIDATED RAILWAY, GAS & ELEC- TRIC CO.—A consolidation, Feb. 21, 1899, which included originally the Charleston City Ry. Co. and the Charleston & Seashore R. R. Co. Owns the Charleston Gas Light Co. and the Charleston-Edison Light & Power Co. Annual meeting Wednesday after third Monday in Mar. On June 21, 1910, leased for gg years to the Charleston Con- solidated Ry. & Lighting Co., which owns the preferred stock. See report of that company for terms of lease. In Feb., 1913, Seashore division was sold to Charleston-Isle of Palms Traction Co. CaPpiITAL StocK.—Common, authorized $3,000,000, outstanding $2,407,000; preferred 6 p. c. cumulative, authorized and outstand- ing $500,000; par $50. Dividends on common stock July 1, 1903, 4 of I p. c.; Ig04, I p. c.; 1905, 1% p. c.; 1906, 2% p. c.; 1907, 234 p. c.; 1908 and 1909, 3p. ¢.; 1910, 4 p. c.; subsequent dividends in accordance with lease; on preferred, first, 1% p.c., paid Jan., 1911; subsequent quarterly payments at same rate. Funpep Desr.—Consolidated mortgage 5 p. c. gold coupon bonds, authorized $2,500,000, issued $1,762,000; in escrow to redeem underlying bonds $738,000; dated Mar. 1, 1899, due 1999; denom. $1,000; int. payable Mar. and Sept. at Baltimore Trust & Guarantee Co., of Baltimore, Md., trustee, or the Carolina Savings Bank, of Charleston, S. C. Charleston City Ry. Co.’s first mortgage 5 p. c. gold coupon bonds, authorized $850,000, outstanding $745,000; dated Jan. 1, 1898, due 1923; denom. $1,000; int. payable Jan. and July at Mercan- tile Trust & Deposit Co., of Baltimore, Md., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 35.6; 63 motor cars and 6 trail cars, 1 freight car, t work car. Orricers.—Pres. P. H. Gadsden; Sec. C. J. Bendt. Drrecrors.—J. D. C. Bradley, Boston, Mass.; P. H. Gadsden, Wm. M. Bird, E. H. Pringle, B. A. Hagood, A. B. Murray, C. M. Benedict, all of Charleston, S. C.; J. G. Bradley, Clay, W. Va.; J. H. Lawrence. Washington, D. C. GENERAL OFFICE, 141 Meeting St., Charleston, S. C.; power sta- tion and repair shop, foot of Charlotte St. Charleston -Isle of Palms Traction Co.—Incorporated in South Carolina Jan. 9, 1913, and in Mar., 1913, purchased the Sea- shore division of the Charleston Consolidated Railway, Gas & Elec- tric Co. Includes the railway between Mount Pleasant and the Isle of Palms, wharf property, ferryboats and the power house on Sul- livan’s Island. Does general lighting business in Mount Pleasant Sullivan’s Island and the Isle of Palms. CAPITAL STOCK, authorized $1,000,000. Track AND EquipmMeNT.—Length of road 10 miles; II motor cars, II other cars. Orricers.—Pres. & Treas. James Sotille; Sec. Lawrence Pinck- ney; Audr. August Janssen, Jr.; Gen. Supt. & Ch. Engr. W. W. Fuller; Mast. Mech. G. H. Smith, all of Charleston. GENERAL OFFIce, Charleston Hotel Bldg., Charleston, S. C.; power station, Sullivan's Island; repair shops, Mount Pleasant. COLUMBIA. Population in 1900, 21,108; in 1910, 26,319; in 1912, 49,107 (includ- ing suburbs). Columbia Railway, Gas & Electric Co.—Organized Jan. 6, 1892, under the name of the Columbia Electric Street Railway, Light & Power Co.; name changed in May, 1911. A consolidation of the Congaree Gas & Electric Co., Columbia Electric & Suburban Ry. Co., the Columbia Street Ry. Co. and the Columbia Water Power Co. In 1912 acquired control of the Parr Shoals Power Co. CAPITAL StocK.—Common, authorized and issued, $2,000,000; preferred 6 p.c. cumulative, authorized $1,000,000, issued $831,600; par $100. DivipENps.—On preferred, first paid July 1, 1906, 3 p.c.; in 1907, Jan., 3 p.c.; in 1911, 6 p. c.; in 1912, 6 p.c.; in 1913, 6 p. c. Funpep Dest.—First consolidated mortgage 5 p. cv. gold coupon bonds, authorized $7,500,000, issued $2,554,000, in treasury $60,000; dated July 1, 1911, due July 1, 1936; denom. $1,000; int. payable Jan. and July at Columbia-Knickerbocker Trust Co., New York City, trustee, or Redmond & Co., New York City; callable at 105 and interest on any interest date upon 60 days’ notice. Sinking fund of 1 p. c. after Dec., 1915. OPERATION.—Year ending Dec. 31, I9QII. Igi2. 1913. Gross income...........ee cece eee eee + $590,077 $653,942 $721,594 Operating expenses............e0 eee 301,726 335,360 359,915 Gross income less operating expenses... 288,351 318,082 361,679 Fixed! chargesic.cdc-a3 guise sesscacseusis 123,595 149,611 161,984 Net income ....... cece ce secre eevee 164,756 168,471 199,695 Dividend Ss: 44 aig esas ae baa ar eieeaerass 42,948 49,896 49,896 | SUEDIMS secss ccs cg Os Bea ea pe cine HRS Sides 121,808 118,575 149,799 TRACK AND EQuIpMENT.—Miles of track (electric), 25; 50 motor passenger cars, of which 6 are of the pay-as-you-enter type, and 3 service cars. OrFicers.—Pres. & Treas. E. W. Robertson, Columbia, S. C.; V. Pres. Henry Parsons, New York City; Sec. R. Charlton Wright; Audr. C. M. Tew; Gen. Mgr. Alfred Wallace; Supt. C. P. Westlake; Ch. Engr. Wm. M. Shannon, Columbia, S. C. ; Directors.—E. W. Robertson, M. C. Heath, John J. Earle, William Elliott, Geo. Newman and R. Charlton Wright, Columbia, S.C.; Henry Parsons, F. Q. Brown and J. G. White, New York City. GENERAL OFFicE, Washington St., and power station and repair shops, Columbia. PARR SHOALS POWER CO.—Formed in 1912 to construct a hydro-electric plant on the Broad River near Alston, S. C. with an ultimate capacity of 28,800 K.w. In June, 1912, the Columbia Rail- way, Gas & Electric Co. acquired control. CapIraAL StTockK.—Common, authorized and issued $2,000,000; preferred, 7 p.c. cumulative after Jan. 1, 1914, and subject to call, authorized and issued $300,000; par value $100. FunpDED DesT.—First mortgage 5 p.c. gold bonds, authorized and issued $3,000,000; dated Aug. 1, Ig12, due Oct., 1952, but: subject to call at 105; denom. $1,000; int. payable Apr. and Oct. in New York; Columbia-Knickerbocker Trust Co. of New York, trustee: sinking fund, 1 p. c. of bonds outstanding; guaranteed, principal and interest, by the Columbia Railway, Gas & Electric Co. Orricers.—Pres. & Treas. Edwin W. Robertson; Gen. Mgr. Alfred Wallace; Sec. R. Charlton Wright, all of Columbia, S. C. GREENVILLE. Population in 1900, 11,860; in IgIo, 15,741. GREENVILLE TRACTION CO.—Incorporated in South Car- olina Sept. 7, 1899. Company also furnishes lighting service through Greenville Gas & Elec. Co., owned. The Southern Power Co. ac- quired control in Sept., 1910. > CaPITAL STocK, authorized $500,000, issued $306,000; par $100. Funpep Desr.—First mortgage 5 p. c. currency bonds, author- ized and outstanding, $250,000; coupon, but may be registered; dated Feb. 1, 1901, due Feb. 1, 1931; denom. $500 and $1,000; int. payable Feb. and Aug. at Girard Trust Co., Philadelphia, Pa., trustee. TRACK AND EQUIPMENT.—Miles of track (electric), 14.8; 20 cars, of which 2 are work cars. OrFicErs.—Pres. Z. V. Taylor; Sec. N. A. Cocke; Treas. E. Thomason; Gen. Mgr. Edw. F. Taylor; Audr. T. L. Black, all of Charlotte, N. C.; Supt. W. R. Brewton; Ch. Engr. H. T. Meeks; Elec. Engr. S. V. Parks; Mast. Mech. Jackson S. Eaby; Roadmaster A. P. Roberts, all of Greenville, S. C. Direcrors.—W. S. Lee, Z. V. Taylor, E. Thomason, Charlotte N. C.; L. W. Parker and E. A. Smyth, Greenville, S. C. , GENERAL OFFICE AND REPAIR SHOP, Greenville, S. C. ROCK HILL. Population in 1gro, 7,216. Carolina Traction Co.—Successor to the Rock Hill St. Ry. Co.; took over Rock Hill Water Supply, Electric Light & St. Ry. Co. TRACK AND EQUIPMENT.—Miles of track, 3; 3 storage battery cars. Orricers.—Pres. & Treas. J. M. Ch ; Sec. . Rock Hill, S. Ca. J erry; Sec. Jas. S. White, GENERAL OFFicg, Rock Hill, S. C. SouTtH CAROLINA McGRAW ELECTRIC RAILWAY MANUAL 295 SPARTANBURG. Population in 1900, 11,395; in 1910, 17,517. _ _South Carolina Light, Power & Railways Co.—Incorporated in Massachusetts on June 21, 1912, to take over the property of The Spartanburg Railway, Gas & Electric Co., and the Electric Manu- facturing & Power Co., and for the acquisition of other properties and the construction of other plants. Company does the entire electric light, gas, street railway and power business in Spartanburg, and the entire electric light and power business in Gaffney, Cowpens, Woodruff and Blacksburg. Owns 20 miles of city and interurban street railway anda hydro-electric plant on the Broad River, at Gaston Shoals. Franchises extend beyond maturity of bonds. CapiraL Stock.—Common, authorized $3,500,000, outstanding $2,500,000; preferred, 6 p.c. cumulative, payable quarterly, Apr., July, Oct. and Jan. 1; authorized $1,500,000, outstanding $500,000; preferred stock is redeemable at 115 and accrued dividends, and is preferred as to assets and dividends; par value, $100. FunpDED Dest. —First mortgage 5 p. c. sinking fund gold bonds, authorized $5,000,000, outstanding $3,000,000; dated Nov. 1, 1912, due May 1, 1937; redeemable at 105 and interest on any interest date; denom. $1,000 (£205 gs. 8d.); coupon, but may be registered as to principal; int. payable May and Nov. 1, in New York and London; sinking fund, beginning Nov. I, 1915, I p. c. annually of bonds out- standing, in cash or in bonds at 105; extensions and additions may be made in lieu of any sinking fund payment to the amount of their actual cost and such extensions and additions are to become subject to the lien of the mortgage and are not to be made the basis for the issuance of any bonds or other sinking fund payment; secured by an absolute first mortgage on all property and franchises owned or here- after acquired. ComBINED EarNinGs.—Yearend. Dec. 31, IgIt. Igi2. GLOSS GATMINGS. 5 oc eee seis See eae Vee Sees ee $288,306 $341,567 Operating expenses, including taxes.............- 121,987 125,410 Net 16Afning So i.cis.iukaa 8 Bose se Saas Ue Ree ees - 166,319 216,157 Orricers.—Pres. P. G. Gossler, New York; V. Pres. & Gen. Mgr. F. H. Knox, Spartanburg, S.C.; Sec. & Treas. E. W. Bell, New York. Directors.—P. G. Gossler, E. W. Bell, New York; C. R. Boss, New London, Conn.; Olaf Uffing, Pittsburg, Pa.; F. H. Knox, Wm. F. Glenn, Spartanburg, S. C.; Alfred Moore, Wellford, S. C.; C. M. Smith, Gaffney, S. C.; Geo. P. Toby, So. Orange, N. J. GENERAL OFFICE, Spartanburg, S.C.; car house and repair shops, East Spartanburg, S. C. SOUTH DAKOTA. ABERDEEN. Population in Ig10, 11,000. Aberdeen Railway Co.—Chartered June 29, 1909, for 20 years; franchise granted Oct. 26, 1909, for 20 years. Annual meeting in Jan. TRACK AND EQUIPMENT.—Miles of track, 6.2; 13 single truck passenger motor cars, 3 trail cars and 2 service cars. Orricers.—Pres. & Gen. Mgr. Charles N. Herreid; V. Pres. A. L. Ward; Sec. C. F. Easton; Treas. C. A. Howard. Direcrors.—Charles N. Herreid, A. L. Ward, C. F. Easton, C. N. Harris and C. N. Howard. GENERAL OrFice, Aberdeen, S. D. DEADWOOD. Population in 1900, 3,498; in 1910, 3,653. Chicago, Burlington & Quincy Railroad Co.—This company operates by electricity a branch between Deadwood and Lead. Track AND EquipMEN’.—Miles of track (electric), 4; 3 passenger motor cars, 2 passenger trail cars, of which 3 are pay-within type. rricers.—Pres. D. Miller; V. Pres. H. E. Byram, Gen. Audr. Cc. oes Chicago, Ill.; Treas. C. J. Ernst, Gen. Mgr. G. W. Hold- rege, Omaha, Neb.; Supt. W. M. Weidenhamer, Alliance, Neb.; Asst. Supt. G. W. Covert, Omaha; Claim Agt. W. L. Phillips, Alliance, Neb.; Pur. Agt. L. N. Hopkins, Chicago, Ill.; Gen. Pass. Agt. L. W. Wakeley, Omaha, Neb.; Ch. Engr. & Engr. Maint. of Way, Es Tk Darrow, Lincoln, Neb.; Cb. Elec. E. Wayt, Deadwood, S. D.; Mast. Mech. T. J. Raycroft, Alliance, Neb. GENERAL OFFICE, Chicago, Ill.; power station, Pluma; repair shops, Deadwood. SIOUX FALLS. Population in r9gIo, 14,094. Sioux Falls Traction System.—Chartered Nov. 27, 1907, for 30 years; franchise granted Apr. 16, 1907. Annual meeting first Tues- day in June. CariraL Stock. — Common, authorized $400,000; preferred, authorized $1,000,000. : . Funnrp Dent.—First mortgage 6 p. c. gold coupon bonds, author- ized $500,000, outstanding $50,000; dated Nov. I, Igro, due Nov. I, 1930; denom. $s00and $1,000; int. payable May and Nov. 1 at Colum- bia-Knickerbocker Trust Co., New York, N. Y., trustee. Track AND EquipMenT.—Miles of track, 15; 11 single truck pas- senger motor cars, I snow plow. Orricrers.—Pres. & Gen. Mgr. F. M. Mills; V. Pres. J. W. Boyce; Sec. & Treas. R. C. Mills; Supt. of Transpt. James Brooks; Mast. Mech. J. G. Gibson. Drrecrors.—F. M. Mills, J.W. Boyce, James Brooks, A.C. Mills; R. C. Mills, all of Sioux Falls, S. D. GENERAL OFFICE, 415 Main Ave.; repair shops, 415-21 Main Ave., Sioux Falls, S. D. TENNESSEE. BRISTOL. Population in 1910, 13,395. Bristol Traction Co.—Formerly Bristol Belt Line Ry. Incor- porated in Virginia. Owns entire stock of the Holston Valley Ry. (a narrow-gauge steam road) from Bristol to Fish Dam, 11.09 miles. Annual meeting in Feb. CapiraL Stock, authorized $300,000, outstanding $135,000; par $100. Funpep Dersr.—First mortgage 5 p. ve. gold bonds, authorized $300,000, outstanding $150,000; dated rg11, due Sept. 15, 1941; denom. $1,000; int. payable Apr. and Oct. at United States Trust Co., Washington, D. C., trustee. TRACK AND EquipMENT.—Miles of track (electric), 7.04; 14 motor cars. Orricers.—Pres. B. L. Dulaney; V. Pres. & Gen. Mgr. Fred Dulaney, Bristol; Sec. Paul Dulaney, Washington, D. C.; Treas. & Audr. N. D. Buchman, Jr., Bristol, Tenn. GENERAL OFFICE, 4th St., Bristol; repair shops, Bristol, Tenn. CHATTANOOGA. Population in 1900, 30,154; in 1910, 44,604. CHATTANOOGA RAILWAY & LIGHT CO.—Incorporated in Tennessee on July 24, 1909, as a consolidation of the Chattanooga Railways Co. and the Chattanooga Electric Co. Owns entire capital stock of Lookout Mountain Ry., and does street railway and electric lighting business in Chattanooga and suburbs. Suburban lines run to Missionary Ridge, Chickamauga Park and Lookout Mountain. A high speed line to the Brigade Post, at Chickamauga Park, is under construction. Franchises, with minor exceptions, are without limit of time. Annual meeting second Wednesday in March. Estimated population served, 97,000. Practically all of the stock (preferred and common) is owned by the Tennessee Railway, Light & Power Co. CaPITAL STocK.—Common, authorized and outstanding, $3,000,- ooo; preferred 5 p. c., cumulative, authorized and outstanding, $2,- 000,000; par $ro0. DIVIDENDS.—On preferred, 5 p. c. per annum; first dividend paid Oct., 1909, 1% p. c., and same rate quarterly since. FunveEp Drst.—First and refunding mortgage 5 p. cu. gold bonds, authorized $15,000,000, outstanding $2,214,000; $31,000 in treasury; pledged under notes, $358,000; reserved, $2,790,000 for prior liens and $9,607,000 for extensions, betterments and improvements at 85 p. c. of cost; coupon, but may be registered; dated Aug. I, 1909, due May 1, 1956; denom. $1,000; int. payable May and Nov. in New York or Philadelphia; Fidelity Trust Co., Philadelphia, trustee. Bonds have no sinking fund, but are subject to call at 105 and interest on any interest date after Nov. 1, 1916. First lien on all electric light and power properties of Chattanooga; also lien on the entire street railway system of the city, subject to underlying bonds. Chattanooga Electric Ry. Co.’s first mortgage 5 p. v. gold bonds, authorized and issued, $625,000; denom. $500 and $1,000; dated Jan. I, 1898, due Jan. 3, 1919; int. payable Jan. and July at Maryland Trust Co., of Baltimore, trustee. Chattanooga Railways Co.’s first consolidated mortgage 5 p. c. gold bonds; outstanding, $2,165,000: dated 1906, due May 1, 1956; denom. $500 and $1,000; int. payable May and Nov. at Commonwealth Trust Co., formerly the Trust Co. of North America, Philadelphia, Pa., trustee. Of the $3,000,000 (closed at $2,165,000) first consoli- dated bonds, $625,000 were reserved to retire outstanding bonds. They are subject to call at 107 and interest on 3 months’ notice. Two-year 5 p. c. gold notes, Series A, authorized $2,000,000; 1 certified by trustee, $531,000; outstanding $281,000, in treasury $281,000; dated June 1, 1913, due June 1, 1915; int. payable June and Dec. at office of E. W. Clark & Co., Philadelphia, Pa.; Penna. Co. for Insurance on Lives & Granting Annuities, Philadelphia, Pa., trustee. 296. McGRAW ELECTRIC RAILWAY MANUAL TENNESSEE OPERATION OF COMBINED COMPANIES.— Year ending Dec. 31, IQII. IgI2. 1913. GOSS ANCOMLE kas 4 ncosaravabioe Avsicdiceeads 9 deep dee £943,472 $1,064,674 $1,204,928 Operating expenses and taxes....... 553,748 634,616 717,625 NGiINCOUIE. otter. eect oe eee ae 389,724 430,058 487,303 Interest: On. bond's: sacs vee ee eds gee 239,713 266,029 298,082 SiipluS,. usc acatircesec dalieie ie veawss 150,011 164,029 189,221 STATISTICS OF TRAFFIC. Year ending Dec. 31, Igi2. Ig13. Revenue passengers carried...............4. 13,384,298 14,543,719 Transfer oe ee ee ee 2,817,658 2,886,772 Car miles run (passenger) .............-... 2,416,354 3,031,491 BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Plant, prop. & fran. ..$10,867,598 Preferred stock....... $2,000,000 Bonds & notes intreas. 670,000 Common stock........ 3,000,000 Investments.......... 269,103 Funded debt.......... 5,924,000 Supplies. ........-..+- 130,974 Bills & accts. payable. 971,119 Prepaid insurance.... 2,074. Accrued accounts..... 85,092 Suspense accounts.... 1,844 Reserved for renewals Discount on bonds.... 62,246 and depreciation.... 70,189 Gasliva: Sek d tales seis 35,672. SUrplusss wincosscuncauvs I41,590 Bills & accts.receivable 152,479 POtalwws soe asen wes 3 $12,191,990 Dota) eae gairerare $12,191,990 TRACK AND EQUIPMENT.—Miles of track (electric) 72.34; 116 pas- senger cars, 6 trail cars, 9 work cars. Orricers.—Pres. C. M. Clark, 321 Chestnut St., Philadelphia, Pa.; V. Prests. M. S. Hopkins, Columbus, O., H. L. Clark, Philadel- phia, Pa., F. W. Hoover, Chattanooga, Tenn.; Sec. & Treas. G. L. Es- tabrook, 321 Chestnut St., Philadelphia, Pa.; Asst. Sec. & Asst. Treas. William Bingham, 710 Market St., Chattanooga; Gen. Mgr. & Pur. Agt. W. E. Boileau; Elec. Engr. Carl Rigdon, 710 Market St., Chat- tanooga; Supt. of Rys. J. R. Anderson; Asst. Supt. Rys. H. A. Lauter, 710 Market St., Chattanooga; Claim Agt. Thos. G. Newman; Ch. Engr. E. D. Reed; Engr. Pwr. Sta. M. P. Lawrence, Clift and Foundry Sts.; Mast. Mech. Reuben Nave; Roadmaster, W. A. Lang- ford; Line Foreman, W. J. Hill, all of Chattanooga. MANAGEMENT.—E. W. Clark & Co. Management Corporation, Philadelphia, Pa., and Columbus, O. GENERAL OFFICE AND REPAIR SHops, Chattanooga, Tenn.; Phila- delphia office, 321 Chestnut St.; power station, Clift St., Chattanooga. LOOKOUT MOUNTAIN RAILWAY CO.—Owns electric line on top of Lookout Mountain, and through stock ownership owns the Lookout Incline Ry. Co., operating cable incline up the mountain. The stocks and bonds are deposited under the mortgage of the Look- out Mountain Ry. Co. The Chattanooga Railway & Light Co. owns all the stock of this company. CapiraL Srock, authorized and outstanding $300,000. FunpEep Dest.—First mortgage 6 p.c. gold bonds, authorized $2,000,000; pledged under Chattanooga Ry. & Lt. Co. 2-yr. notes, $307,000; reserved to be issued at company’s discretion, $43,000, re- served for improvements, extensions, etc., at 85 p.c. of cost. or for purchase of Lookout Incline Ry. Co.’s bonds, or upon first mortgage hotel bonds, $1,650,000; dated Jan. 1, 1913, due Mayr, 1956; int. pay- able at Philadelphia Trust, Safe Deposit & Insurance Co., trustee. A first mortgage on the entire property and franchises of the Look- out Mountain Ry. Co.; also secured by deposit of all outstanding bonds and stocks of the Lookout Incline Ry. Co. Lookout Incline Ry. Co.’s first mortgage 5 p.c. gold bonds, au- thorized $250,000, outstanding $100,000 (all owned by Lookout Mt. Ry. Co.); reserved for improvements, extensions, etc., for actual cash cost, $150,000; dated Jan. 1, 1013, due May 1, 1956; int. pay- able May and Nov. at Philadelphia Trust, Safe Deposit & Insurance Co., Philadelphia, Pa., trustee. TRACK AND EQuIPMENT.— Miles of track, 4.6; 5 cars. Orricers.—Pres. C. M. Clark, Philadelphia, Pa.; V. Pres. M. S. Hopkins, Columbus, O.; Sec. & Treas. G. L. Estabrook, Philadelphia, Pa.: Asst. Sec. & Asst. Treas. William Bingham, Chattanooga, Tenn.; Gen. Mgr. W. E. Boileau, Chattanooga, Tenn.; Supt. H. L. Harbin, Chattanooga, Tenn.; Claim Agt. T. G. Newman, Chattanooga, Tenn.; Ch. Engr. E. D. Reed; Elec. Engr. Carl Rigdon, Chattanooga, Tenn. GENERAL OFFICE, Chattanooga, Tenn.; repair shops at Lookout Mountain, Tenn. CLARKSVILLE. Population in 1910, 8,548. Clarksville & Dunbar Cave Railway Co.—Formerly the Clarksville Ry. & Light Co., chartered in 1910 for 50 years. Fran- chise granted for 50 years from IgIo. Controls League Park. CAPITAL Srock, authorized and outstanding $50,000, par $100. Funpep Dest.—First mortgage 6 p. c. gold coupon bonds, author- ized $50,000, outstanding $25,000; dated Sept. 1, 1912, due Sept. I, 1941; denom. $500; int. payable Mar. and Sept. I at Northern Bank of Tenn., Clarksville, Tenn.; W. L. Parks. Danville, Ill., trustee. — TRACK AND EQUIPMENT.—Miles of track, 5; 9 single truck pas- senger motor cars, 2 of which are of the prepayment type. OFFICERS.—Pres., Treas. & Gen. Mgr. A. C. Murray; V. Pres. Austin Peay; Sec. J. T. Cunningham; Audr. L. Bloch; Mast. Mech. Allen Harris, all of Clarksville, Tenn. Direcrors.—Austin Peay, John T. Cunningham, A. R. Ghol- son, L. Bloch, A. C. Murray, all of Clarksville, Tenn. GENERAL OFFICE, Clarksville, Tenn. JACKSON. Population in 1910, 15,779. Jackson Railway & Light Co.—Successor to the Jackson & Suburban St. R. R. Co., incorporated in 1906; franchise expires in 1987. Does lighting and power business. Owns Highland Park. Annual meeting in May. CapITAL STOCK, common, outstanding $450,000; preferred, out- standing $100,000, par $100. Fuxpep Dest.—First mortgage 5 p. c. gold coupon bonds, au- thorized $600,000, outstanding $494,000; dated 1906, due Jan. 1, 1937; int. payable Jan. and July at Columbia Trust Co., Louisville, Ky., trustee. TRACK AND EQUIPMENT.—Miles of track, 8.5; 19 cars. Orricers.—Pres. Harry Weissenger; V. Pres. & Gen. Mgr. S. S. Bush; Sec. & Treas. Geo. W. Lewis, Louisville, Ky.; Audr. M. L. Ross; Gen. Supt. & Pur. Agt. John Wisdom; Ch. Engr. R. D. Davey; Mast. Mech. G. Crenshaw, Jackson, Tenn. GENERAL OFFICE, Jackson, Tenn.; power station and repair shops, Chester’s Levee Road. JOHNSON CITY. Population in Ig10, 8,502. Johnson City Traction Corporation.—Connects Johnson City and Carnegie and reaches National Soldiers’ Home. Track AND EquipMENT.—Miles of track, 6; 15 motor and 3 other cars. Orricers.—Pres. W. A. Leland, Johnson City, Tenn.; V. Pres. T. B. Sweeny; Treas. R. L. Warner; Audr. W. J. Magee, all of Boston, Mass.; Gen. Mgr. & Pur. Agt. Amzi Smith; Supt. G. C. Sanders; Ch. Engr. Karl Thornburg; Mast. Mech. H. H. Collins, all of Johnson City, Tenn. GENERAL OFFIcE, Main St., Johnson City; repair shops at Roane St., Johnson City, Tenn. power Station and KNOXVILLE. Population in 1900, 32,637; in Ig10, 36,346. KNOXVILLE RAILWAY & LIGHT CO.—Incorporated in Tennessee on Aug. 5, 1905, as a consolidation of the Knoxville Traction Co. and the Knoxville Electric Light & PowerCo. Owns and operates all the street railway lines and electric lighting business in Knoxville, doing also the entire municipal lighting in Knoxville, Park City, Lonsdale and Mountain View. Franchises are unlimited in duration. All the common stock is owned by the American Cities Co., which in turn is controlled, through ownership of stock, by the United Gas & Electric Corporation. Annual meeting the first Saturday after the first Sunday in Feb. CapPItaL Stock.—Common, authorized and outstanding $2,050,- 000; par value, S100 per share. DIVIDENDS.—6 p. c. per annum on preferred stock since issue. On common, first dividend June 1, 1907, 2 p. c.; Sept., 1907, I p.c.; Dec., 1907, I p. v.; in 1908, 4 p. c.; in 1909, 7 p. c.; in IgI0, 8 p. u.; in IgQII, 10 p. c.; in 1912, 7 p.c.; in 1913, 74% p.c. FuNnDED DEest.—Refunding and extension mortgage 5 p. c. gold coupon bonds (but may be registered as to principal), authorized $10,000,000 outstanding $1,794,000; $3,000,000 reserved to retire consolidated mortgage bonds; dated June 1, 1911, due June 1, 1946; denom. $500 and $1,000; int. payable June and Dec. 1 at Guaranty Trust Co., New York, trustee; callable at 105 and interest on any in- terest date on 60 days’ notice; sinking fund of % of 1 p.c. of bonds outstanding annually after Oct. 1,1915; bonds shall be purchased and held by the trustee; interest thereon shall be reinvested. Consolidated mortgage 5 p.c. gold coupon bonds, but may be registered; authorized $3,000,000, outstanding $1,173,000; reserved $824,000 to retire Knoxville Traction Co. bonds; dated Sept. 1, 1905 due Sept. 1, 1945; denom. $1,000; int. payable Mar. 1 and Sept. 1 at Standard Trust Co., New York, trustee. Subject to call on any interest day on 60 days’ notice at 107% and interest. A sinking fund of % of 1 p. c. of total bonds outstanding (including Knoxville Traction Co. 5s) for 5 years from Sept. 1, 1910, and 1 p. c. per annum thereafter Bonds may be purchased at not over 107% p.c. or called by lot at that price, and will continue to draw interest, which must be reinvested. Knoxville Traction Co.’s first mortgage 5 p. c. gold bonds, author- ized $850,000, outstanding $823,000, cancelled $27,000; coupon but may be registered as to principal; dated Apr. 1, 1898, due Apr. te 1938; denom. $1,000; int. payable Apr. and Oct. at Baltimore Trust Co., of Baltimore, trustee. McGRAW ELECTRIC RAILWAY MANUAL 297 TENNESSEE ©009 O00” o00e oC00z oool 4334 JO 31v9S “NNO SATITAXONM ‘00 LHOIT Y AVALTIVE DTIIAXONSY 3H1 JO SANIT AVAVTIVG LATLS 298 McGRAW ELECTRIC RAILWAY MANUAL TENNESSEE OPpERATION.—Year ending Dec. 31, Ig1I. Igi2. I9QI3. Oprrarion.—Year ending Dec. 31, Gross income all sources......... $709,604 $728,034 $882,802 IgIl. Igi2. 1913. Operating expenses and taxes..... 356,642 388,379 590,372 | Gross earnings.,.:...<.2.0i02454 eae $1,890,496 $1,937,308 $1,998,364 Operating expenses and taxes..... 1,189,836 1,225,133 1,296,266 Net €arnings: : can acanions jeneeles 352,962 339,655 382,430 TMtERESt: Charges 200.4 i-cuslstenewon duties 160,867 181,410 197,793 Net CAaIMiNgS....-- ee eee eee eee eee 700,660 712,175 702,098 Sinking fund and fixed charges.... 464,326 481,298 508,364 Surplus: cc.ce css settee ee eres eee. 192,095 158,245 184,637 | Surplus over interest charges pitied 236,334 230,877 193,734 Passengers carried.........-...... 11,254,845 10,960,344 13,534,050 | Passengers carried.........-..1+++ 48,498,486 49,800,069 CONDENSED BALANCE SHEET.—Dated Dec. 31, 1913. CONDENSED BALANCE SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES, ASSETS. LIABILITIES. Property assets. ....... $5,840,913 Capital stock, common.$2,050,000 Property assets....... $15,782,907 Capital stock, pref.... $2,500,000 Cashinucnacieneeaceeees 15,407 First mortgage bonds Cash... sees vette son 313,955 com.... 2,500,000 Material and supplies.. 59,011 Knoxville Trac. Co.. 823,000 Material and supplies. 144,882 Consol.mortgage 5 p.c. Special deposits for in- Consol. mortgage bds. Prepaid insurance. ... 2,475 bonds. ws mbedesnaltessseaweiralt 8,761,000 terest. etc..........- 48,650 KnoxvilleRy.&Lt.Co. 1,173,000 Special funds for int., Citizens’ St. R. R. Co. Prepaid insurance...... 488 Refunding & extension dividends, etc...... 260,187 6 p. c. bonds........ go6,000 Accounts receivable and mortgage 5 p.c. bonds 1,794,000 Accounts receivable Debenture gold notes. 1,000,000 miscellaneous........ 453,630 Accrued int. and taxes. 107,770 and miscellaneous. . 147,559 Accts. pay’ble& misc.. 154,934 Accts. payable & misc.. 110,369 Int. & dividends accr.. 265,105 Reserve accounts...... 56,152 Taxes accrued........ 59,850 Profit and loss(surplus) 303,808 Profit and loss (surp.). 505,076 TOtalassnaeces 2. + 86,478,099 Total cunciora date «1. SOs418:000 POtalss cssteesaacks $16,651,965 Totals. ds4 see nieasinee $16,651,965 TRACK AND EQUIPMENT.—Miles of track (electric), 52.458; 65 open, 82 closed, and 11 work cars. _ OrFicers.—Pres. & Gen. Mgr. C. H. Harvey; V. Pres. Wm. S. Shields; Sec. & Treas. C. J. Pleming; Audr. Geo. F. Cooper; Supt. Ry. Dept. T. C. Kelly; Supt. Elec. Dept. G. H. Smart; Supt. Power Station, Jas. Link; Claim Agt. S. J. Herrell; Pur. Agt. J. E. Lebow; Mast. Mech. J. M. Kington; Roadmaster, M. D. Wyrick, all of Knox- ville, Tenn. Directors.—Geo. W. Callahan, C. H. Harvey, E.E. McMillan, C. T. Cates, Jr., F. L. Fisher, Fritz Staub, W. S. Shields, Knoxville, Tenn.; J. S. Pevear, Wm. Von Phul, New Orleans, La. GENERAL OFFICE, 626 Gay St.; power station, cor. 5th Ave. and Washington St.; repair shops, Magnolia Ave. and Jessamine St., Knoxville, Tenn. FiscaL AGENTS, Isidore Newman & Son, New York City and New Orleans. For map of road see page 297. MEMPHIS. Population in 1900, 102,320; in I9I10, 131,105. THE MEMPHIS STREET RAILWAY CO.—Incorporated in Tennessee on Mar. 28, 1895, as aconsolidation of the Citizens’ St. R.R. Co., the City & Suburban Ry. Co., the East End Street R. R. Co. and the Memphis & Raleigh Springs R. R. Co. Municipal franchise granted in Nov., 1895, for 50 vears. All terms of franchises have been confirmed by decision of the Supreme Court of Tennessee. Does the entire street railway business in Memphis and also operates a number of lines running to points outside the city limits. In March, 1913, purchased the property of the Lakeview [raction Co., sold at foreclosure sale. Annual meeting second Wednesday after first Sunday in Feb. The American Cities Co., which is controlled by the United Gas & Electric Corporation, owns a large majority of the stock. CAPITAL STock.—Common, authorized and issued, $2,500,000; preferred 5 p.c. cumulative, authorized and issued, $2,500,000; par $100. Preferred stock is redeemable at 110 and accrued dividends. DIvIDENDs.—On preferred stock 5 p. c. per annum since issue. |. On common, initial dividend, 1 p.c., paid July 1, 1912; in 1913, 2p.c, Funpep Desr.—Consolidated mortgage 5 p. c. gold coupon and registered bonds, authorized $10,000,000, outstanding $9,667,000; dated July 1, 1905, due July 1, 1945; denom. $1,000 and $10,000; int. payable Jan. 1 and July 1 at Central Trust Co., New York, trustee; $906,000 are reserved to retire the underlying liens, and the re- mainder may be issued for cost of extensions and improvements, or to the extent of not over $500,000 in any year for reconstruction, pro- vided that the company has expended not less than io p.c. of its gross earnings on maintenance during the previous year. Sinking fund of $25,000 per annum from May I, IgI0, to 1914; $30,000, 1915 to 1919; $35,000, 1920 to 1924; $40,000 1925 to 1929; $50,000, 1930 to 1945. in cash or consolidated bonds at par. Trustee may purchase bonds of this issue at not higher than 4% p. c. basis; otherwise may buy temporarily certain other bonds. Bonds in sinking fund will continue to draw interest, which will be reinvested; $75,000 held in sinking fund. Secured by mortgage upon all property and franchises subject to $906,000 underlying bonds upon 4o miles. Citizens’ Street R. R. Co.’s first mortgage 6 p. c. gold bonds, authorized $1,000,000, issued $906,000; coupon, principal may be registered; dated Jan. 1, 1887, due Jan. 1, Ig16; denom. S1,000; iit: payable Jan. and July at the American Exchange National Bank, of New York; S. P. Read and M. S. Buckingham, trustees. Two-year 5 p.c. gold debenture notes, authorized $2,000,000, out- standing $1,000,000; dated Noy. 1, 1913, due Nov. 1, 1915; int. payable May and Nov. TRACK AND EquipmMEenT.—Miles of track (electric), 128.8; 109 open, 117 closed, 85 semi-convertible and 26 miscellaneous and service cars. OrFicers.—Pres. & Gen. Mgr. Thomas H. Tutwiler; V. Pres. Luke E. Wright; Sec. & Treas. W. H. Burroughs; Gen. Supt. E. W. Ford; Claim Agt. C. B. Proctor; Pur. Agt. R. Meuter; Ch. Engr. J. H. Haylow; Elec. Engr. E. D. Martinez; Engr. Power Station, T. H. Browne: Mast. Mech. A. D. McWhorter; Roadmaster, T. M. Gorman, all of Memphis, Tenn. Direcrors.—Geo. H. Davis, New Orleans, La.; Hugh McCloskey, J. S. Pevear, T. H. Tutwiler, John R. Pepper, Luke E. Wright, W. B. Mallory, Dr. W. B. Rogers, R. A. Speed, Jas. E. Beasley, Memphis, Tenn.; Percy Warner, Nashville, Tenn. GENERAL OFFICE, Walnut St. and Beale Ave.; repair shops; Wal- nut and Dubose Sts.; power station, So. Fourth St. and Broadway, Memphis, Tenn. For map of road see page 299. MEMPHIS & LAKE VIEW RAILWAY CO.—Chartered Apr. 26, I913, in perpetuity, as successor to the Lake View Traction Co., soldat foreclosure. Connects Memphis, Tenn., and Lake View, Miss. Controlled by the Memphis Street Ry. Co. CapiTaL STocK, authorized $50,000, outstanding $3,000. Funpep Derst.—First mortgage 5 p.c. gold coupon bonds, authorized $500,000, outstanding $160,000; dated Nov. 1, 1913, due Nov. 1, 1933; denom. €100 and $1,000; int. payable May and Nov. at Bank of Commerce & Trust Co., Memphis, Tenn., trustee. TRACK AND EQUIPMENT.—Miles of track, 10.83; 4 cars. GENERAL OFFICE, Beale Ave. & Walnut St., Memphis, Tenn. NASHVILLE. Population in 1900, 80,865; in IgI0, 110,364. Nashville-Gallatin Interurban Ry.—Connects Nashville and Gallatin. CapITAL STOCK, authorized and outstanding $750,000. FunpDED DesT.—First mortgage 5 p. cu. gold bonds, authorized and outstanding $600,000; dated July 1, rg1z, due July 1, rgqt; int. pay- able Jan. and July in Nashville; Nashville Trust Co., trustee. TRACK AND EQUIPMENT.—Miles of track, 27.05; 4 passenger cars, I express Car. Orricers.—Pres. H. H. Mayberry; V. Pres. & Gen. Mgr. R. A. Bailey, Jr.; Sec. & Treas. H. Allison; Gen. Supt. & Ch. Engr. M. A. Stainer; Supt. Transpt. D. J. McLane; Elecl. Engr. H. S. Badger; Mast. Mech. W. N. Swint. ' GENERAL OFFICE, 431 Stahlman Bldg., Nashville, Tenn.; repair shops, Hendersonville, Tenn. Nashville Interurban Ry.—Incorporated in 1905. Connects Nashville, Brentwood and Franklin, Tenn. Annual meeting in Jan. TRACK AND EQUuIPMENT.—Miles of track,19.3; 4 double truck passenger motor cars, I freight car, 1 electric locomotive. OrFicers.—Pres. & Treas. J. H. Carpenter; Sec. C. R. Cockle: Audr. W. H. Parrish, Jr.; Gen. Mgr. & Pur. Agt. Meade Frierson: Supt. E. C. Shockley; Ch. Engr. G. B. Howard. Directors.—J. H. Carpenter, Meade Frierson, H. H. Mayb J. W. Howard. rieeer GENERAL OFFICE, 700 Broadway, Nashville, Tenn. 299 McGRAW ELECTRIC RAILWAY MANUAL TENNESSEE WWHON ele map DUA 18940 “meg Ppoommygy 3qISY3Aly atwe 9 —<—_———_—_———} a1vos 00 AVMTIVA LATULS © SIHAdWAN AHL jo soury 300 McGRAW ELECTRIC RAILWAY MANUAL TENNESSEE Tennessee Railway, Light & Power Co.—Incorporated in Maine on Apr. 23, 1912, as a holdingcompany. Controls through ownership of stock the Tennessee Power Co., the Nashville Railway & Light Co., the Cleveland (fenn.) Electric Light Co., the Chatta- nooga Railway & Light Co. and Harpeth Electric Light & Power Co. Also owns the Sparta Electric Light & Power Co., Sparta Water Co., | A, « T. Power Co. and Sweetwater Electric Light Plant. The con- stituent companies own and operate street railway, electric lighting and power systems of Chattanooga, Nashville, and the electric lighting and power systems in Cleveland, and several small municipalities, all in Tennessee. In addition to the above, power is also transmitted to Knoxville, Tenn., and to the Tennessee-Georgia State Line for trans- mission to Rome, Ga. Estimated population served, 345,000. Annual meeting first Tuesday in Feb. CapiraL StocK.—Common, authorized and outstanding, $20,000,- ooo; preferred 6 p. c. cumulative, authorized $50,000,000, outstanding $10,25,000; preferred stock is redeemable on 60 days’ notice at 110 and dividends upon vote of a majority the common stock. DivipeNvs.—On preferred, initial quarterly dividend, I p.c., paid Sept., 1912; same amount quarterly thereafter. Funpep Desr.—lennessee Power Co.'s first mortgage 5 p. c. gold bonds, authorized $50,000,000, outstanding $7,500,000; denom. $1,009; coupon, but may be registered as to principal; dated May 1, 1912, due May 1,1962, int. payable May and Nov. tat the Bankers’ Trust Co., New York; callable at 10743 and interest on any interest date; guaranteed as to principal and interest by the Tennessee Railway, Light & Power Co. The 5 p. cv. interim receipts are convertible into bonds on May I, Ig15, with option to the Tennessee Power Co. from May 1, 1913, to May r, 1915, to deliver either permanent bonds or pay such holder in cash go p. c. and int., but if cash is offered the receipt- holders may have their bonds for investment by agreeing not to sell; withia a year at less than 96. Additions] bonds may be issued as follows : After company has expended not less than $2,000,000 for permanent additions, enlargements and extensions, an additional 35,090,000 may be issued at not exceeding the cost of further perma- nent additions, enlargements and extensions, the remainder can only be issued for further permanent additions, etc., to extent of 80 p.c. of cost; no additional bonds over $12,500,000 can be issued unless the net earnings for the previous year have been at least oneand one-half times the interest charges on all bonds outstanding, including those to be issued; secured by a first mortg:ge on all property and franchises now owned or hereafter acquired by the Tennessee Power Co.; Bankers Trust Co., New York, and Benjamin Strong, Jr., trustees. Orricens.—Pres, C. MI. Clark, V. Prests. A. G. Hodenpyl, H. M. Byllesby and F. C. Walcott; Sec. & Treas. G. L. Estabrook. Phila- delphia, Pa.; Asst. Secs. & Asst. Treasrs. Matthew A. Morrison, William Lilley, Jacob Hekma and R. J. Graf. Direcrors.—Edward W. Clark, C. M. Clark, Vhiladelphia, Pa.; Anton G. Hodenpyl, B. C. Cobb, New York; H. M. Byllesby, Otto E. Osthoff, Chicago; Frederick C. Walcott and Orlando B. Wilcox, New York; John W. Barr, )r., Louisville, Ky. NASHVILLE RAILWAY Tennessee, June 26, 1993, and is successor to the Nashville Ry. Co. The litter was a consolidation in 1900 of the Nashville Street Ry., Nashville & Surburban Ry., and Citizens Rapid Transit Co. The Nashvlle Ry. & Light Co. absorbed the Cumberland Electric Light & Power Co., and controls the Union Light & Power Co. The company owns and operates all the electriv railways and does the entire commercial lightin;, and power business in Nash- ville, [enn. The franchises under which the company and consti- tuent companies operate are without limit of time and contain no burdensome restrictions. The estimated population served is 135,000. Controlled by the fennessee Railway, L ght & Power Co. Annual meeting first Tuesday in Feb. CapriraL Srock.—Common, authorized and outstanding, $4,000,- 000; preferred 5 p. c. cumulative, authorized and outstanding, $2,500,000. DivipeNps.—The first dividend on the preferred stock (2% p. c.) was paid Jan. 1, 1go5, and dividends at the rate of 5 p.c. were paid semi-annually to and including July, 1gro; then the same rate quar- terly beginning Oct., 1910, to and including Jan., 1914. A first divi- _dend of 1 p. c. on the common stock was paid July 1, 1909; in rgIo, 3 p.c.; in rg1t, 3% p.c.; in 1912, Jan., I p..; on May 15, special, II p.c.; July, 1 p.c.; Sept. riz p.c.; Nov., 2 p. c.; im 1973, Feb., 1% p.c.; May, special, 3 p. c.; Aug., 234 p. c. Funpep Dept.—Refunding and extension mortgage 5 p. C. gold coupon bonds, authorized $15,000,000, issued $3,598,000, out- standing $3,310,000; in treasury, $288,000; denom. $500 and $1,000; coupon, principal may be registered; dated 1908, due July 1, 1958; int. payable at Nashville Trust Co., Nashville, Tenn., and Guaranty Trust Co., New York, trustee. $5,940,000 are reserved to retire prior liens, and $5,462,000 may be issued for future improvements at four- fifths of cost. Sinking fund of % of 'p.c. of outstanding bonds commences Nov, 1, 1918. First consolidated mortgage 5 p. c. gold bonds, authorized 86,000,000, issued $4,110,000; outstanding $4,054,000; in treasury, $56,- 000; coupon, principal may be registered; dated July 1, 1903, due July I, 1953; denom. $1,000; int. payable Jan. and July at Guaranty Trust Co., New York, trustee. A sinking fund of $30,000 per annum, com- & LIGHT CO.—Incorporated in [ mencing July 1, 1914, but only on condition that the company has a surplus above charges and dividends on preferred stock. These bonds are subject to call at 10714 and interest. UNDERLYING ISSUES. Nashville Street Ry. first mortgage. .due Jan. 1, 1925, 5 p. c. $907,000 Nashville & Edgefield first mortgage. ‘* ‘* ‘* Ig9t7, 6 99,000 Nashville & Edgefield consol........ fe Ste BE 920). 6: : 274,000 McG. & Mt. V. Horse R. R., First... ‘' *' ‘* 1926,6 ‘ 65,000 oe ae oe ae od ser.. ae ae oe 1937, 6 ae 485,c0O DO tale sock cong yeas raise Shee EAA Ae a Raa aR ES a Sa $1,830,000 Interest on these issues is payable Jan. and July in New York. OPpERATION.—Year ending Dec. 31, IQII. IgI2. 1913. Gross income, all sources.......... $1,963,784 $2,074 990 2,207,245 Operating expenses and taxes..... 1,125,335 1,188,943 1,339,018 Net income less taxes...... ..+.-- 838,449 886,947 868,227 POPECOSL cook os ia ek HRSA eS 404,582 434,812 464,235 Surplus sic cis ca ia ha te eee Re 433,867 451,235 403,992 Reserve miscel. inclu. depreciation. 58,982 Nie® INCOME: ecicaeie eth A earteddens 374,855 Dividend on preferred stock 5 p.c.. 125,000 125,000 125,000 Net income to profit and loss. 249,885 326,235 ~ 278,992 STATISTICS OF TRAFFIC, Year ending Dec. 31, TOL. Igi2. 1913. Fare passengers carried..........- 25,690,569 27,202,129 29,055.967 Transfers and other passengers....14,321,913 14,847,897 15,318,540 Car mileage in. asec at Sudsean hadet.a 5,057,139 5,150,081 5,669,161 BaLanceE Sueer.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Plant, prop. & franch.$15,848,856 Capital stock, pfd..... $2,500,000 Treasury bonds...... 344,000 oS ia common. 4,0c0,cCco SupphteSscccit tees eo 119,209 Funded debt..... .... 9,538,000 Prepaid accounts..... 2,067. Bills & accts. payable... 409.524 Open accounts.......- 428,901 Accrued accounts...... 552,923 Bills&accts. receiv’ble. 259,630 Profitand lossaccount. 327,333 CASH, vuw Ses ok aa aoe 210,117 Coupon account...... 114,992 TOtal ci Siac: cuatoncetuss $17,327,780 TOtallenc ages ae $17,327,780 TRACK AND EQUIPMENT.—Miles of track (electric), 84; 188 pas- senger motor cars, 22 trail cars, 12 work cars. Orricers.—Pres. & Gen. Mgr. Percy Warner; V. Pres. J. C. Bradford; Sec. & Treas. H. C. Walters; Pur. Agt. A. E. Beazley; Supt. Ry. Dept. H. A. Davis; Supt. Light Dept. J. P. W. Brown; Supt. Transpt. G. D. Mills; Claim Agt. Kinney Harman; Ch. Engr. of Power Station, W. G. Cameron; Mast. Mech. Geo. W. Swint; Road- master, H. C. Benagh. DirEcroks.—Percy Warner, A. M. Shook, Jos. H. Thompson, V. E. Shwab, W. S. Bransford, J. E. Caldwell, J. C. Bradford, D. S. Williams, of Nashville, Tenn.; M. S. Hopkins, Columbus, O.; C. M. Clark, Philadelphia, Pa.; F. C. Walcott, New York City; J. W. Barr, Jr., Louisville, Ky. MANAGEMENT.—E. W. Clark. & Co. Management Corporation, Philadelphia, Pa., and Columbus, O. GENERAL OFFICE, PoWER STATION AND Repair SHops, Nashville, Tenn. REGISTRARS OF Stock.—Commercial-Germania Trust & Savings Bank, New Orleans, La., and Nashville Trust Co., Nashville, Tenn. For map of road see page 301. TEXAS. ABILENE. Population in 1910, 9,204. Abilene Street Railway Co.—Incorporated in 1908 for 50 years. TRACK AND EQUIPMENT.—Miles of track, 4.75; 3 motor cars. Orricers.—Pres. Edward S. Hughes; V. Pres. Geo. L. Paxton; Sec. T. P. Scott; Treas W. A. Keeble; Gen. Mgr. & Pur. Agt. W. G. Swenson; Elec. Engr. D. Coker, all of Abilene, Texas. GENERAL OFFICE, 126 Cypress St.; repair shops, Second and Dale Sts., Abilene, Texas. McGRAW ELECTRIC RAILWAY MANUAL 301 TENNESSEE SON & x He "NNA3L ‘STIIAHSYN “09 14s!7 pue Aemiley o||!AyseN BHL Ag GaLvuadO GNV GANMO S3NIT DNIMOHS dvVW fy, foouds “PUI * , Ce, "2, % av axvisavg os oO Ww McGRAW ELECTRIC RAILWAY MANUAL TEXAS AMARILLO. Population in Ig10, 9,957. AMARILLO STREET RAILWAY CO.—Incorporated Dec. 10, 1906. Operates within the city limits and its immediate suburbs; reaches Glenwood Electric Park. Annual meeting third Tuesday in Jan. Controlled by Cities Service Co. CAPITAL STOCK, authorized $250,000, outstanding $212,000. FunpDep Dest.—s5 p. c. bonds authorized $250,000, outstanding $125,000. TRACK AND EQUIPMENT.—Miles of track, 9; 6 motor cars and 3 trail cars. Orricers.—Pres. Henry L. Doherty; rst V. Pres. Frank W. Frueauff, New York, N. Y.; 2d V. Pres. & Pur. Agt. G. W. Faller; Sec. & Treas. Walter W. Martin, Amarillo, Texas. GENERAL OFFICE, 520 Taylor St.; power station, rst and Tyler Sts.; repair shops, 4th and Polk Sts., Amarillo, Texas. AUSTIN. Population in 1910, 29,860. Austin Street Railway Co.—Chartered Jan., rgi1, for 50 years. Franchise granted Aug. 26, 1891, for 50 years. Successor to Austin Electric Ry. Co. Annual meeting second Tuesday in Jan. CaPITAL Stock.—Common, authorized $750,000, issued $660,000; preterred, authorized $500,000, issued $250,000; par S100. DivipENDS.—In 1913, On common 4p. c., on preferred 6 p.v. FuNDED Desr.—First and refunding mortgage 5 p. c. gold coupon bonds, authorized $1,500,000, issued $724,000; dated 1911, due Jan. 1, 1936; denom. $1,000; int. payable Jan. and July at Equitable Trust Co., N. Y., trustee. Subject to caJl on any interest date at 102%. Balance reserved for 80 p. c. of cost of construction work, additions to property and paving. Sinking fund, from Jan. 1, 1915, 2% p.c. on all bonds issued. OpERATION.— Year ended Dec. 31, Ig13. Revenue from passengers... ...... 0... ccc e ce ee ence te ean $256,820 Miscellaneous révenue:. ..s 00s esiiacsa do cies cane dae eens 1,584 Total operating revenues. i.scccien adlsleeieues se ead ade 258,404 as OX POMS ES ie fe cdvesiretce Gist elecvactasdaduea nena ate re 147,468 Net operating revenue's...00 4. co. cswasee ours ore es 110,936 PARES fe sicori ai nlni'ahet wes ara Soaraie gopae MaRS RR atR IAD w Ain Mae oes 9,185 Interest on funded: debt. 224.200. s e065 wwtsraewe eee 33.550 ms ee Mloating, 5s steers omtnsangs ceding Nels ee 2,083 OHO Lt CECUEIIONS 09 ose 4g 6 ks a ee RE CER EB 5,000 INGE diviSID1e TACO. snc 2 4 8S eh ew ae Ue eS yee KON eS 61,118 Operating expenses p. c. of earmingS,...-..... eee ee eens 57.06 STATISTICS OF TRAFFIC. Year ending Dec. 31, Ig13. Fare: passengers Carried. 00. ¢:ce.s a5 sovlveilelelivied ieee Gee toes 5,264,440 SPTANISLER PASSEN GETS s ssiediccsmeve siete eel olacale Bane eens eblecdid if 710,580 Car miles: run: (passenger) is.css6-2+ deed eauniariesh eas 1,165,692 Gar hours (passenger): ii a4s-c0 jp nasa nny Seka ees 132,090 Average total revenue per car mile............ 24. .0e eee 221 Operating expenses ee SS ogultetataiara varie 'e sey Seite wale 1265 BaLaNce SHEET.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Cost of road and equip.$1,535,814 Capital stock, com..... $750,000 CaS ior eesicd chs did aeeinse 28h 979 u ‘« pref..... 500,000 Accounts receivable.... 158 Funded debt.......... 671,000 Material and supplies. . 26,692 Profit and loss (surplus) 82,809 Unissued stock........ 440,000 Other assets..........- 166 Total soca 2 aay saceetind $2,003,809 ota leaccd s.ieersg ooantiors $2,003,809 TRACK AND EqQuipMENT.—Miles of track, 20.4; 34 single truck passenger motor cars, of which 13 are prepayment type, 3 service cars. Orricers.—Pres. & Gen. Mgr. W. J. Jones, Austin; V. Pres. F. H. Watriss, New York; Sec. A. T. Kalloch; Treas. E. P. Wilmot, Austin; Asst. Treas. G. E. Macomber; Asst. Sec. Guy Gannett, Augusta, Me.; Supt. Transpt. Chas. Ing; Claim Agt. D. A. Bush; Ch. Engr. H. D. Odell; Elec. Engr. Julius Eggling; Mast. Mech. & Supt. Equip. W. H. Burdett. Direcrors.—W. J. Jones, W. H. Young, W. H. Folts, Austin, Texas; Geo. E. Macomber, Augusta, Me.; F. H. Watriss, New York N.AvG GENERAL OFfFIce, 113% West 6th St., Austin, Texas; power station and repair shops, Pressler and 5th Sts., Austin. BEAUMONT. Population in 1900, 9,427; in 1910, 20,640. BEAUMONT TRACTION CO.—In June, 1913, the Eastern Texas Electric Co. acquired the outstanding stock. CapiraL Srock, authorized and issued, $600,000. Funpep Dexr.—First mortgage 5 p.c. gold coupon bonds, athe ized $600,000, outstanding $400,000, held by Eastern Texas Electric Co. $200,000; dated Apr. 1, 1913, due Apr. 1, 1943; int. payable Apr. and Oct. 1 at Interstate Trust & Banking Co., New Orleans, La., trustee; subject to call as a whole or in part at 105 and interest on any interest date. TRACK AND EQuiIpMENT.—Miles of track, 12; 20 motor cars and 2 other cars. GENERAL OFFICE, 796 Irving Ave; power station and repair shop, Beaumont, Tex. Eastern Texas Electric Co.—Incorporated in Maine in Dec., IgIt. Owns the securities of Beaumont Electric Light & Power Co., Port Arthur Light & Power Co. and Port Arthur Ice & Refrigerating Co., which do the entire electric lighting and power business in Beaumont & Port Arthur and an ice manufacturing and refrigerating business in Port Arthur. Also owns the securities of Jefferson County Traction Co., which in Dec., 1913, completed an interur- ban electric railway between Beaumont and Port Arthur, a distance of 20 miles. Also owns the capital stock and $200,000 first mortgage bonds of Beaumont Traction Co., which does the entire electric rail- way business in Beaumont. Franchises in Beaumont expire in 1963; in Port Arthur in 1943; interurban, almost entirely on private right- of-way. Estimated population served Jan. 1, 1914, railway, 40,200; light and power, 39.700. Annual meeting first Monday in Dec. CapiraL Stock.—Common, authorized $2,000,000, issued and out- standing, $1,400,000; preferred, 6 p. c. cumulative, payable Jan. and July 1, authorized $2,000,000, issued $1,450,000, of which $1,400,000 is outstanding and $50,000 is held in treasury; preferred redeemable at 110, and preferred in dividends and liquidation; par $100. FuNnpDED Desr.—First mortgage collateral trust 5 p.c. gold bonds, authorized amount not limited, issued $1,200,000, of which $400,000 are held in treasury; dated Nov. 1, 1912, due Nov. I, 1942; denom. $500 and $1,000, coupon, but may be registered as to principal, and $5,000 registered and multiples; int. payable May and Nov. 1 at State Trust Co., Boston, Mass., trustee; callable as a whole or in part for sinking fund at 105 and interest on any interest date; sinking fund, Tr p. c. annually of bonds outstanding, beginning Nov. 1, 1917; in addi- tion to the initial issue of $1,200,000 bonds, further bonds can only be issued at 75 p. c. of the actual cost, either of securities of additional operating companies or of permanent improvements or additions to the properties of subsidiary companies, evidenced by stocks, bonds or notes of such companies (and all securities of the present subsidiary companies, issued from time to time, shall be deposited with trustee), and only when net earnings are not less than one and one-half times the interest charges on all bonds outstanding, including those to be issued; secured by a lien on the properties of present underlying companies through the deposit of their entire capital stocks and bonds outstanding or hereafter issued, except $44,000 bonds on the Port Arthur property redeemable in 1915, cash tor retirement.of which has been deposited in escrow. Novres.— Eastern Texas Electric Co. three-year 6 p. c. gold coupon notes, authorized and outstanding $500,000; dated July 1, 1913, due July 1, 1916; int. payable Jan. and July 1 at State Street Trust Co., Boston, Mass., trustee; subject to call as a whole at Ioo and interest on 30 days notice. OPERATION (Combined companies).—Year ending Dec. 31, *IgQ12. 1913. Gross earningss cc.xs sxe seneaees allah Gen a etelatitllas $223,072 $440,442 Operating expenses and taxes.................... 113,786 270,592 NEC CATHINGS sa acieedi eos sot Ayia oe ae daha 109,286 169,850 Oe rinCOMe scacieie os sis 524 Seis ache eoesksa ouaeate dances 42,682 GLOSS" INCOME wisn ex teh eegeceah 5 5 deinen teltoe 212,532 TAME re Stressors sors usa ccecesl Birra cateeuh £8 stake memoeeioelee saver bene “71,177 WD LIAS Sse ee tard shacaseeles deapeve, ake oy ahve 2 Simba nsenwan opens enigs 67,500 84,000 SS TEI MG cas eva scoters ons eonmaanthul oan snstheenee cee epee areas 41,786 575355 * Includes Port Arthur properties, Oct. 1 to Dec. 31. TRACK AND EQUIPMENT.—Miles of track, 28.73; 28 motor passen- gercars, 4 trail passenger cars, 2 other cars. Orricers.—Pres. Marshall M. Phinney; V. Pres. Guy L. Wey- mouth; Sec. Chester M. Clark; Treas. Henry B. Sawyer; Gen. Mgrs. Stone & Webster Mgt. Assn., all of Boston, Mass.; Mgr. Oper. Cos. C. W. Kellogg, Jr., Dallas, Tex.; Gen. Supts. E. J. Emerson, Beau- mont, Tex., and W. N. Munroe, Port Arthur, Tex. Direcrors.—Eliot Wadsworth, Rober H. Hallowell, Alvah K. Todd, Chester M. Clark, John W. Hallowell, Charles F. W. Wetterer, Clement R. Ford, Henry G. Bradlee, Marshall M. Phinney. Power Stations, Beaumont and Port Arthur, Tex. BONHAM. Population in 1910, 4,844. Bonham Electric Railway, Light & Power Co.—Successor to Bonham Rapid Transit Co., incorporated in 1896. Owns a base- ball park. CAPITAL STOCK, authorized and outstanding $25,000. TRACK AND EQUIPMENT.—Miles of track, 2.5; 5 cars. OrFicers.—Pres. J. F. Arledge; V. Pres. & Gen. Mer. E. F White; Sec., Treas. & Pur. Agt. J. W. Russell; Supt. Bob Ponsa, GENERAL OFFICE AND Reparr SHop at Bonham, Tex. TEXAS McGRAW ELECTRIC RAILWAY MANUAL 303 BRYAN. OPERATION (Combined companies).— Year ending Dec. 31, Population in rgto, 4,132. IgIl. IgI2. 1913. . : Gross earningS.............0005- $1,632,290 $1,821,562 $2,193,500 Bryan & College Interurban Railway Co.—Incorporated in Operating expenseS............006 I,017,943 *1,092,794 *1,280,057 IgIo. Connects Bryan and College and reaches Halfway Park. An- : nual meeting in June. Gross income less oper. expenses.. 614,347 728,768 913,443 CAPITAL Stock, authorized $20,000. Interest charges and taxes.... 295,127 254,440 267,696 _ .Funpep Dest.—First mortgage 6 p. c. serial gold bonds, author- . ized and outstanding $72,000; dated Jan. 1, gtr, due Jan. 1, r92t to | Net income. .... +0... se eeee reer 319,220 474,328 645,747 1941; int. payable Jan. and July 1 at Chicago Savings Bank & Trust | Sinking fund.................005 36,077 35,817 351275 Co., Chicago, trustee. DividenGs.ciccussnste seta wasaes 8 Ig9,000 220,000 220,000 nee AND EQUIPMENT.—Miles of track, 6.5; 4 motor and two Balance ek oe: 84,143 218,511 390,472 Orricers.—Pres. W. H. Hunter, Jr., Crowley, La.; rst V. Pres. W. E. Saunders; 2nd V. Pres. O. E. Gammil; Sec. & Treas. L. A. Haste; Gen. Mgr. O. G. Gammil, Bryan, Tex.; Ch. Engr. W. S. White, Crowley, La.; Mast. Mech. August Kropp; Roadmaster Wm. O’Dea, Bryan, Tex. GENERAL OFFicer, Bryan, Tex. CLEBURNE. Population in 1910, 10,364. Cleburne Street Railway.—Chartered rg11; franchise granted July, 1g10, for 25 years. Owns park 2 miles from city. Annual meeting in Dec. CAPITAL STOCK, authorized and outstanding $65,000. FunpvEep DeEstr.—Notes $25,000. TRACK AND EQUIPMENT.—Miles of track, 8; 6 single truck pas- senger motor cars, of which 4 are prepayment type. Orricers.—Pres. & Gen. Mgr. A. M. Morgan; V. Pres. S. T. Shaw; Sec. & Treas. T. B. Maples; Audr. R. H. Crank; Supt. of Transpt., W. J. Mitchell, all of Cleburne, Tex. Direcrors.—A. M. Morgan, S. T. Shaw, Brown Douglass, Jno. W. Floore, J. M. Moore, T. B. Maples, Ira C. Morgan. GENERAL Office, 208 E. Henderson St., Cleburne: repair shops at E. Cleburne. CORPUS CHRISTI. Population in rgto, 8,222. Corpus Christi Street & Interurban Railway Co.—Incorpo- rated in 1909; franchise granted in 1gog for 30 years. CAPITAL STOCK, $100,000. Track AND EQuipMENT.—Miles of track, 8.5; 8 motor and 2 other cars. Orricers.—Pres. E. C. Heinly, Colorado City, Col.; V. Pres. Dan’l Hewitt, Tyler, Tex.; Sec. & Treas. V. S. Heinly; Ch. Engr. J. M. Aday; Supt. F. C. Headley; Mast. Mech. H. A. Draper, Cor- pus Christi, Tex. GENERAL OFFICE, Corpus Christi; power station, Railroad and Black Sts.; repair shops, Hughs & Tiger Sts., Corpus Christi, Tex. DALLAS. Population in 1900, 42,638; in Ig10, 92,104. Dallas Electric Company.—Incorporated in Maine, May, 1913, as a re-incorporation of the Dallas Electric Corporation, which was organized in 1902. Owns the securities of local companies which do an electric railway and an electric lighting and power business in Dallas. The companies controlled are the Dallas Consolidated Elec- tric Street Ry. Co., the Rapid Transit Railway Co., the Metropolitan Electric Street Railway Co., and the Dallas Electric Light & Power Co., constituting practically all the street railways and nearly all the electric lighting business in Dallas. Franchises of subsidiary com- panies expire in 1922. Estimated population served Jan. I, 1914, railway, 94,300, light, 115,000. Annual meeting first Monday in Oct. CapITaL StocK.—Common, authorized and issued $3,000,000, of which $130,000 is held in the company’s treasury; first preferred, 6 p. c. cumulative, authorized and issued $2,000,000; second pre- ferred, 5 p. c. non-cumulative, authorized and issued, $2,000,000; par $100. First preferred redeemable at 105 and dividends. DivipENnps.—On first preferred, 6 p.c. cumulative, payable second Monday in Apr. and Oct. Initial dividend of 3p. c. paid Oct. 11, 1909. On second preferred stock, 5 p. ¢. non-cumulative, payable second Monday in Apr. and Oct., in 1905, 2% p. c.; 1906, 5 p. c.; in 1907, Apr., 2% p.c.; then none to Oct., 1909, when 2 p.c. was paid; in 1910, Oct., I p.c.; in 1911, 1912 and 1913, 5 Pp. C. : Funpep Dest.—Dallas Electric Corporation’s first mortgage collateral trust 5 p. c. gold coupon bonds, authorized and issued $4,000,000, outstanding $3,492,000, purchased for sinking fund and held by trustee $458,000; dated Apr. 1, 1902, due Apr. I, 1922, int. payable Apr. 1 and Oct. rat Old Colony Trust Co., Boston, Mass., trustee. Subject tocall as a whole at 105 and interest on any interest day. Sinking fund, I p.c. per annum of outstanding bonds, payable Oct. I. ; “Five p.c. gold coupon notes, authorized $3,500,000, outstanding $1 a ete Feb. ane due Feb. 1, 1917; callable as a whole at roo and accrued interest on any interest date upon 30 days’ notice; denom. $500 and $1,000; int. payable Feb. and Aug. at American Trust Co., Boston, Mass., trustee. * Includes taxes. + Interest charges only. Track AND EquipMEenT.—Miles of equivalent single track (sub- sidiary companies), 64.6; 196 motor passenger cars and 8 othercars. OFFICERS.—Pres. Marshall M. Phinney, Boston, Mass.; V. Prests. Robt. T. Paine, 2d, Robert Haydock and B. Alcott Pratt, Boston; Sec. Chester M. Clark, Boston, Mass.; Treas. H. B. Sawyer, Boston, Mass.; Mgrs. Stone & Webster Mgt. Assn., 147 Milk St., Boston, Mass.; Mgr. Oper. Cos. E. T. Moore, Dallas, Tex. Drrecrors.—Chas. A. Stone, John S. Bartlett, Russell Robb, J. J. Storrow, Samuel Carr, Edwin S. Webster, Gordon Abbott, Francis R. Hart, Ernest L. Carr, Robt. T. Paine 2d, Marshall M. Phinney. GENERAL OFFICE, PoWER STATION AND REPAIR SHOPS, oper- ating companies, Dallas, Tex. For map of road see page 304. DALLAS CONSOLIDATED ELECTRIC STREET RAILWAY CO.—Chartered Jan. 27, 1898, for 50 years, as a consolidation of the Dallas City Street Ry. Co. and the Queen City Ry. Co., sold under foreclosure. Acquired the North Dallas Circuit Ry. in 1902. Con- trolled by the Dallas Electric Corporation. RAPID TRANSIT RAILWAY CO.—Chartered Jan. 21, 1899, as successor to the Dallas Rapid Transit & Terminal Ry. Co., which succeeded the Dallas Rapid Transit Co. This company is now con- trolled by the Dallas Electric Corporation. Dallas Standard Traction Co.—Connects Dallas and Mt. Auburn. Track.—Miles of track, 1. Orricers.—Pres. J. Howard Power; Sec. F. B. Dunlap; Treas. M. M. Thompson, all of Dallas, Tex. GENERAL OFFICE, 1004 Commerce Street, Dallas, Tex. Southern Traction Co.—Incorporated in Texas, Mar. 27, 1912. Line extending from Dallas to Waco put into operation in Oct., 1913; the line from Dallas to Corsicana, a distance of 156 miles, which in- cludes the line from Dallas to Waxahachie, a distance of 31 miles, acquired in Oct., 1912, from Dallas Southern Traction Co. Acquired the Waco Street Ry. Co., which had acquired, in r1o11, the Citizens’ Ry. Co. Owns and operates the following local lines: Waxahachie, 3 miles; Corsicana, 5 miles; Waco, 17 miles; making a total of 181 miles, interurban and local. The Texas Power & Light Co. supplies all the power under a 50-year contract entered into in May, 1912. An- nual meeting last Wednesday in April. CapiraL Srocx.—Common, authorized and outstanding, $5,000,- ooo; preferred. 7 p. c. cumulative, from one year after road is in op- eration, authorized $2,500,000, outstanding $2,000,000; par $r00; $292,000 of preferred stock is held by trustee. Funpep Destr.—First mortgage 5 p.c. gold bonds, authorized $10,000,000, outstanding $6,000,000; dated June 1, 1912, due June 1, 1942; denom, $1,000; coupon, but may be registered as to principal; int. payable June and Dec. at St. Louis Union Trust Co., trustee; remain- ing $4,000,000 bonds are reserved for extensions and improvements: subject to call at 102!4 and interest on any interest date on or after June 1, 1915, and also for sinking fund on or after Oct. 1, 1918, at same price; sinking fund, 1 p. c. annually of bonds outstanding, begins Oct. 1, 1918; bonds to be held alive in sinking fund. Second mortgage § p.c. bonds, authorized and outstanding, $500,- 000; dated 1912, due June 1, 1942; denom. $1,000; coupon, but may be registered as to principal; subjectto call at 102% and interest on any interest date on or after June 1, 1915, and also for sinking fund on or after Oct. £, 1918, at same price; sinking fund, 1 p.c. annually of bonds outstanding, begins in 1918; bonds to be held alive in sinking fund. Track AND EQuipMENT.—Length of road, 181 miles; 61 motor cars, 12 trail cars, 6 express cars, 2 work cars. Orricers.—Pres. J. F. Strickland; V. Pres. Osce Goodwin: V. Pres. C. W. Hobson, all of Dallas, Tex.; V. Pres. J. Lee Penn, Wax- ahachie, Tex.; V. Pres. F. N. Drane, Corsicana, Tex.; V. Pres. W. J. Neale, Waco, Tex.; Sec. Jas. P. Griffin; Asst. Sec. W. H. Painter: Treas. H. I. Gohagan, Dallas, Tex.; Audr. J. D. Caldwell. , Executive CommitTrr.—J. F. Strickland, Osce Goodwin, C. W. Hobson, R. E. L. Saner, Dallas, Tex.; T. J. Cole, Waxahachie, Tex. 304 McGRAW ELECTRIC RAILWAY MANUAL TExas Highland Park Dallas Golf ntry Cy Se ug og g Qo fags j On & Q0S = ooS Sty DALLAS ELECTRIC COMPANY Operated by Stone & Webster Management Association Texas McGRAW ELECTRIC RAILWAY MANUAL 805 Directors.—J. F. Strickland, Osce Goodwin, C. W. Hobson, A, A. Jackson, Dallas, Tex.; W. J. Neale, W. D. Lacy, W. W. Seley, Waco, Tex.; J. Lee Penn, J. H. Miller, Geo. W. Coleman, Waxa- hachie, Tex.; W. R. McDaniel, Milford, Tex.; J. K. Parr, Hillsboro, Tex.; W. R. Glasgow, West, Tex.; J. Baldridge, Ennis, Tex.; W. W. Batchler, Ferris, Tex.; J E. Whiteselle, J. A. Thompson, F. N. Drane, Corsicana, Tex.; A. T. Perkins, Wm. R. Compton, Allen T. West, St. Louis, Mo. GENERAL OFFICE, 1316 Commerce St., Dallas, Tex.; repair shops, south of Dallas. Texas Traction Co.—Incorporated in Texas Sept. 25, 1906. Franchise granted for 50 years. Company completed and placed in operation July 1, 1908, an electric railway connecting Dallas, Rich- ardson, Plano, Allen, McKinney, Melissa, Anna, Van Alstyne, Howe and Sherman. Entrance into Dallas is over the tracks of the Dallas Con- solidated Electric Street Ry. In Apr., Ig11, acquired the Denison & Sherman St. Ry. Co. Annual meeting last Tuesday in Jan. CaPITALSTocK.—Common, authorized $2,000,000, issued $2,000,- ooo; preferred 6 p. c. cumulative, authorized and issued, $1,000,000; par value, $100 per share. DivipENps.—Initial dividend on preferred, paid Mar., 1911, 1% p.c.; July, 1% p.c.; Nov., 1% p. c.; none since. Funpep Desr.—First mortgage 5 p. c. gold bonds, authorized $3,000,000, outstanding $2,000,000; reserved for 80 p.c. of cost of future permanent improvments $1,000,000; coupon, but may be regis- tered; dated Jan. 1, 1907, due Jan. 1, 1937; denom. $1,000; int. pay- able Jan. and July at Old Colony Trust Co., Boston, Mass., trustee. Bonds may be called on any interest date upon 30 days’ notice at 110 and accrued interest. A sinking fund of 5 p. c. of gross earnings, began July 1, 1gt2, to be used in the purchase of bonds. Second mortgage 8 p. c. coupon bonds, authorized $500,000, issued $400,000; dated Apr. 1, Ig11, due Apr. 1, 1916; int. payable Apr. and Oct. 1; subject to call at par on any interest date. Denison & Sherman Ry. Co.’s first mortgage 5 p. c. gold bonds, authorized $350,000, outstanding $260,000; dated 1902, due July 1, 1927; int. payable Jan. and July 1 at Harris Trust & Savings Bank, Chicago, IIl., trustee; subject to call July 1, 1917, or after, at ros and interest; sinking fund, 2 p.c. annually of bonds outstanding, from July 1, 1905, until 1913, when amount payable is 3 p.c. until 1917; from 1918 to 1922, 4 p.c.; from 1923 to 1926, 5 p. c.; $50,000 are held in sinking fund. Denison & Sherman Ry. Co.’s second mortgage 6 p. c. bonds, authorized and outstanding, $185,000; dated 1911, due Apr. 1, 1916; int. payable Apr. and Oct. 1 at Western Trust & Savings Bank, Chi- cago, Ill., trustee. OPpERATION.—Year ended June 30, IQII. 1912. 1913. Total gross revenue........-- 2+ ee eee eee $451,070 $524,320 $675,037 Total operating expenses...........---. 270,268 341,300 393,073 Revenue from operation.........+-.-+45 180,802 183,020 281,964 Interest on funded debt.......... l 156,850 “ “ floating debt.......... 126,716 3,897 TAKES i ceeed beeen Sor sisere nds \ 19,542 Net divisible income...........-+ +e 0-+- 54,086 IO1,675 STATISTICS OF TRAFFIC. Year ended June 30, IgIO. Igi2. 1913. Fare passengers carried .........-.--+ 824,902 2,462,815 3,028,340 Car miles run, passenger.......-+.+-+ 891,052 1,536,782 2,064,280 eas “ “freight, exp. and mail.. 88,950 150,869 155,826 Car hours, passenger........---.. 206+ 38,622 107,373 115,101 «freight, express and mail... 5,604 9,530 11,336 Average revenue per car mile......... $.36 $.322 $.362 Operating expenses per car mile...... 23 .205 .2208 Track AND Equipment.—Miles of track (electric), main line 77.52; total track 90.82; 27 motor passenger and 2 express cars, 14 trailers, I combination and 1 work car. rricers.—Pres. J. F. Strickland, Dallas, °Tex.; V. Prests. J. S. aaa McKinney, fe. Osce Goodwin, Dallas, Tex., and Ww. R. Brents, Sherman, Tex.; Sec. & Gen, Pass. Agt. Jas. P. Griffin, Dallas, Tex.: Audr. J. D. Caldwell, Dallas, Tex.; Treas. H. I. Gahagan, Dallas, Tex.; Gen. Mgr. R. B. Stichter, Dallas, Tex.; Asst. Gen. Mgr. Dan G. Fisher, Dallas, Tex.; Pur Agt. Walter J. Fuston, Dallas, Tex. ; Supt. M. J. Loftus, Sherman, Tex.; Claim Agt. Burr Martin, Dallas, Tex.; Fngr. Power Station, E. Nevins; Mast. Mech. J. L. Bogue; Roadmaster, Jas. Bowman, McKinney, Tex. Drrecrors.—J. F. Strickland, Osce Goodwin, C. W. Hobson, R. B. Stichter, ia Metzler, R. E. L. Saner, D. E. Waggoner, W. W. Caruth, Dallas, Tex.; W. J. Neale, Waco,’ Tex.; J. S. Heard, J. L. Lovejoy, W. B. Newsome, R. L. Waddill, McKinney, Tex.; WwW. R. Brents, Sherman, Tex.; Geo. W. Bowman, Plano, Tex.; Jno. Auchincloss, Walter G. Clark, New York City; W. B. Munson, Denison, Tex.; S. D. Moore, Van Alstyne, Tex.; H. L. Monroe, Chi- cago, Ill.; Wm. H. Bean, Howe, Tex. GENERAL OFFICE, 1316 Commerce St., Dallas, Tex.; power station and repair shops, McKinney, Tex. DENTON. Population in 1910, 4,732. Denton Traction Co.—Successor to Denton Interurban Ry. & Power Plant Co. Reaches Highland Park, TRACK AND EquipMenT.—Miles of track, 4.5; 4 cars. Orricers.—Owner & Pur. Agt. R. J. Wilson; Supt. W. C. Wiggs, Denton, Tex. GENERAL OFFICE, Denton, Tex. EL PASO. Population in 1900, 16,000; in IgI0, 39,279. El Paso Electric Co.—Owns the securities of El Paso Elec- tric Ry. Co., El Paso & Juarez Traction Co., and Rio Grand Valley Traction Co., which do the entire electric railway and practically all of the lighting and power business in E] Paso, the lighting and power business in Juarez, Mex., and operate the electric railways between El Paso, Tex., and Juarez, Mex., and between El Paso and Ysileta. Franchises (subsidiary companies) expire in E] Paso 1951 and 1952. Railway franchise in Juarez expires in 1988. Interurban, almost entirely on private right of way. Estimated population served, Jan. I, 1914, railway, and light and power, 62,500; Juarez, Mex., 10,000. Annual meeting second Monday in Jan. CapiITaL Srock.—Common, authorized and outstanding $2,000,- ooo; preferred 6 p. c. non-cumulative, authorized and issued $1,000,- ooo, preferred in dividends and liquidation, par $100. Dividends on preferred stock, 6 p.c. non-cumulative, payable Jan.and July. First paid Jan., 1903, 3 p.c.; July, 3 p.c.; 1904 to and including 1913, 6 p.c. On common stock, first dividend paid rg1o, Mar. 15,2 p. c.; Sept.15, 2 p.c.; in 1911,5 p.v.; in 1912, Mar., 3 p.c.; Sept., 344 p.c.; in 1913, Mar., 3% p.v.; June, 2 p.c.; Sept., 2 p.c.; Dec., 2p.c. Funpep Desr.—Collateral trust 5 p. ec. gold coupon bonds, author- ized and outstanding $1,000,000; dated Jan. 1, 1902, due Jan. I, 1932; denom. $1,000; int. payable Jan. 1 and July 1 at State Street Trust Co., of Boston, trustee. OPERATION (Combined companies).—Year ending Dec. 31, IgII. IgI2. 1913. GiOSStiNCOm Gms cavereseancnn tee ete $691,606 $793,319 $886,879 Operating expenses.........-... eee a ee 386,206 *430,217 *478,358 Gross income less operating expenses... 305,400 363,102 408,521 Income from other sources............. 9,234 Interest charges and taxes............ . 101,820 69,661 +48,015 Net INCOME. G2 sda daphae pense esee 203,580 203,441 369,740 WIG Soc dicsc eel eme dia Cha eR SR Oe a 101,783 139,119 241,198 PRG cece A a-20 Sa Be area MLR mano S IO1,797 154,322 128,542 *Includes taxes. +Interest charges only. Track AND EQuipMEN?T.—Miles of track (electric), 35.4; 60 motor passenger and 12 trail passenger cars; 5 othercars. OrrFicers.—Pres. Marshall M. Phinney, Boston, Mass.; V. Prests. Jos. Remick and Guy L. Weymouth, Boston, Mass.; Sec. Chester M. Clark, Boston, Mass.; Treas. H. B. Sawyer, Boston, Mass.; Gen. Mgrs. Stone & Webster Mgt. Assn., 147 Milk St., Boston, Mass.; Mer. Oper. Cos. C. W. Kellogg, Jr., Dallas, Tex.; Gen. Supt. Oper. Cos. H. S. Potter, El Paso, Tex. Direcrors.—Albert Thorndike, Charles R. Buchheit, Russell Robb, Charles A. Stone, Jos. Remick, Marshall M. Phinney, Edwin S. Webster, H. H. Picking, N. H. Stone. GENERAL OFFICE of operating companies, power station and repair shops, El Paso, Tex. EL PASO ELECTRIC RAILWAY CO.—Chartered in 1901 as successor to the El Paso & Juarez Traction Co., and is located partly in the United States and partly in Mexico. Owned and con- trolled by the El Paso Electric Co. FORT WORTH. Population in 1900, 26,688; in Ig10, 73,312. Northern Texas Electric Co.—Incorporated in Maine Nov. 16, 1905, and owns the capital stock and participating mortgage bonds of the Northern Texas Traction Co., the capital stock of Fort Worth Southern Traction Co, and the capital stock of Arlington Light & Power Co. These companies do the entire electric railway business in Fort Worth, and operate interurban electric railways between Fort Worth and Dallas, a distance of 35 miles, and between Fort Worth and Cleburne, 31 miles, and do the electric light and power, ice and water business in Arlington. Franchises in Fort Worth expire 1973; in Dallas franchises expire 1920 and 1953; between Fort Worth and Dallas, private right of way for entire length except in streets of towns in which cases rights expire between 1945 and 1950. Fort Worth Southern Traction Company's franchises in Fort Worth and Cleburne expire in 1936; between Fort Worth and Cleburne private right of way for entire length, with exception of crossings on country roads and such locations as are in streets of towns, in which cases rights expire 306 McGRAW ELECTRIC RAILWAY MANUAL TEXAS | CARROL TON GRAPEVIN ea = 34 KELLER a a e = RY Ae K ys = we\ \e 2 & at | is a G & RS | = Xe, | s ee ule ~< ; | SAGI sie SMITHFIELD ZS / e % DALLAS T, ASS R A N T oF p> " , xP ND_& GULF RY| ae Cc O, Nencasd pack IL i Ri = Terminal, V2 tay 1V@p : < ; fa Ge 6S Nest 0% oF Tr inll yc By OAK CLIFF gs BF SA ciFICE ‘ » ; 5 pAC! nape Zz HANDLEY ARLING TEXAS & ht Se 5 ores M STS TRACTION 4GRAND-PRAIRI 35 ao ” ~ WOR. a = sash LAKE ERIE PARK B\ ph ey: rae | DALWA S44 2 Power Station: s FAD DR he CY O. xR G Ly , RQ & Ss ae yd DUNCANVILLE Rr ; g EVERMANN @ ¥ 2 § 8 e & y es oy LANCASTER : ee " SI bshati ¥ Ss sno ooa00f joo tad cy au FOSTEPOO seeeioguaoo| vm ‘é Peer iiss acai Se q A 6 mans! ey = FT. WORTH BURLESON SAAMI Ee : QWIN00 gaog000000) 3s (2900000 ,,.,, nDBoDOIO)__ YODA | = PAC EET ALOT ee Sa TEXAS S i] ed) Oo SCALE SHROSEN 2933000 Sor Ji O N “SHEIGHTS 3533 Oy io00g009 xe gana Se A EGAN ERR & We S ’ No \ S RN KEEN 2, we SF) « Sybstafion \llese a Deer Ss buy .3500 KE de al EE XX 2355: SS cc3geem See Bayle Ess ay o00g ss w igh: Seay wae seo Bene ; us TECHNIC™ Serer Bo FIGHTS, COR VTA SOA deo) Sra oN wae, : tse WOES SSS Brak ¥ Sea SS3333 6333 Ger SS S55) 0000000 See sss SCALE OF MILES ag S=e35 sn eps s Rope os 10 e — SSS2) oi “333 p RR EE is i ee “30 ; SSS25 Ss & ae vod] oagan f1IIIIII 4 2==S7= Seosss pode gg 3992299992091 | aaa, SSSeeS ears 10997 — pezvasava900931) JIN AI DVINWISSS=Oe— ol 3 99)JI999I34909037000I rr = 29051100139991974920019%4)9 02 or 03409 - 90009999991900%69900300944000 0/999 3s e ”s 900093300499209 90004 Slodogp 900992 Nee N SA jnees 999900000) “Sa A A o AMY Ss SS f9300409 2. ¢ €AIIII1I—ahI0090000 s aad YAR ELECTRIC “Seavey haus B1900099 SSE wy J v| A - at 00000 aaa B30 ooo? 00] 2 aa Msss\e | 1010 g aaolae en a a90 90 sSsak a guaUjoo000 Ssso"7ut a ji duugaogag 3=S555 y gs) SESE g i { 1913 NORTHERN TEXAS ELECTRIC COMPANY Operated by Stone & Webster Management Association TEXAS McGRAW ELECTRIC RAILWAY MANUAL. 307 in 1961. Arlington Light & Power Co.’s franchise in Arlington expires 1949. Acquired in 1911 the street railway property of the Citizens’ Railway & Light Co., Fort Worth. Annual meeting third Tuesday in November. Estimated population served, Jan. I, 1914, railway, 229,500; light and power, 6,300. CapitaL Stock.—Common, authorized $5,000,000; outstanding, $3,150,000; par value, $100 per share; preferred, 6 p. c. non-cumu- lative, authorized $5,000,000, issued $4,000,000; preferred stock is redeemable at rio, and is preferred in case of liquidation. DivipEnps.—On preferred, first paid Mar. 1, 1906, I p.c.; Sept. 1, 1906, Ip. c.; 1907 to and including 1913, 6 p.c. On common, first dividend 2 p. c. paid Sept. 1, 1909; in 1910, 53¢ p.c.; in IgiI and 1912, 6 p.c.; in 1913, Mar. 1% p.c., June'1% p.c., Sept. 134 p.c., Dec. IX p. c. Funpep Dest.—Collateral trust 30-year 5 p. c. gold bonds, authorized $10,000,000, outstanding $2,063,000; purchased for sinking fund and cancelled, $62,000; reserved to retire first mortgage 5 p. c. bonds, $2,500,000; coupon or registered; dated Jan. 1, 1910, due Jan. I, 1940; denom. $1,000, $5,000 and $10,000; int. payable Jan. 1 and July 1 at Commonwealth Trust Co., Boston, trustee. Subject to call as a whole or in part for sinking fund only at 105 and interest on any interest date. Sinking fund, 1 p.c. per annum of bonds out- standing, payable Nov. 1. Northern Texas Traction Co.'s first mortgage 5 p. c. gold bonds, authorized and outstanding, $2,500,000; coupon, but may be regis- tered; dated Jan. 1, 1903, due Jan. 1, 1933; denom. $1,000; int. pay- able Jan. and July at Citizens’ Savings & Trust Co., Cleveland, O., trustee, or Chase National Bank, New York. These bonds are a first mortgage on all the property of the company. Subject to call on any interest date at 105 and interest. : Nores.—Northern Texas Electric Co. three-year 5 p. c. gold notes, authorized $1,000,000, outstanding $839,000, held by Northern Texas Electric Co. $28,000, held by Fort Worth Southern Traction Co. $133,000; coupon, but may be registered as to principal; dated May 1, 1911, due May 1, 1914, but subject to call as a whole at 1or and interest on any interest day; int. payable May and Nov. 1 at The New England Trust Co., trustee. Secured by a first mortgage on all the property of the Fort Worth Southern Traction Co. OPERATION (Combined companies).— Year ending Dec. 31, Igil. *Ig12. IgI3. GLOSS INCOME ba.. WW A 0)! OOLLEY, AN gaeAt NOR. Caisenineten 0-40 4 WON fe view KA i SP Atay geaott RiveN® “a y g Z~s) § Clear Lake 4 nua ie Sal sat 6752 § cess | <= sy poc® X SSKAGITICO. 8 = ey 4 Big Lake eS Ao Montborne sete L a 4 i Conway denriich Q McMurray 5. - iy PMiiltown \\ Pilchuck - A {sta a \\Bryant eines” 7 O d nwoo pe WQ Florence / 4 i { Darrington|| \ Atte bs A So Silvas A BE Yy A i. ZZ X A ~ 4 THINeAN == Gonna a “aguamish Robe __ \ Li i ¢ . \ TULALIP *: UPS Se Silverton] O AQ NDIAN Getchell_-o Nores. =| Se Port Angeles Ne aS 6 Granite Filles Face Hartford i 2S {OHOMISH CO. \ cf wie Zp Machias |. ax See oe 2 SS SNOHOMISH : BSC € Uf rote p aM ‘Wallaco Vt Aveer Laks 2 \y 2°. Dean Sultan TC hore" snohomishs¢p tN \) é we 3 EY\\ camona Gold Be | 4 ah WASHINGT MAP SHOWING TERRITORY SERVED PUGET SOUND TRACTION, teaser I SSieyhomich BN PORT TOwxsemp gf Ree SCALE OF MILES ° 5 10 15 20 Sy YY” shoe ALEIE - 4) Pr "SAQuaaPESToy YS a ee “riot KING CO, \galial Cedar Mt. RAILWAY LINES ‘ET | TRANSMISSION LINES -o==@=0==t=—t—r Ste sca {Maple Valley?, e UEGedar Pape, ddyville Ysummit 9 Kangley &y } HRIS YOPHEF) unex & i one iow fJerciscone SP ay a ai eLur \Kummer, bt ge PUYALLUP | o L, J ee < ss Oss oop Elina Babe LOPMENT Pet ima DY pone Kaposia TONAL PARK Cosmopolie® eM | ue ae | o} | 3\ I 2AL PN TES EE PUGET SOUND TRACTION, LIGHT & POWER COMPANY Operated by Stone & Webster Management Association 320 McGRAW ELECTRIC RAILWAY MANUAL WASHINGTON The Seattle Electric Co.’s first mortgage 5 p.c. gold coupon and registered bonds, authorized and issued $5,000,000, outstanding $4,190,000; purchased for sinking fund and held by trustee, $810,000; dated Feb. 1, 1900, due Feb. 1, 1930; denom. 1,000; int. payable Feb. and Aug. 1 at Boston Safe Deposit & Trust Co., of Boston, Mass., trustee. Sinking fund, 1 p. c. per annum of bonds issued, payable Feb. 1. Subject tocall as a whole (or in part for sinking fund) on any interest day at 110 and interest. The Seattle Electric Co.’s consolidated and refunding mortgage 5 p.c. gold coupon and registered bonds, authorized, $25,000,000; outstanding, $6,062,000 (mortgage closed); purchased for sinking fund and held by trustee, $326,000; cancelled $1,344,000; dated 1907, due Aug. I, 1929; denom. §1,000; int. payable Feb. and Aug. 1 at Old Colony Trust Co., Boston, Mass., trustee. $7,639,000 of the unissued bonds are reserved to retire all other bonds, and the remainder are for extensions, improvements, etc., when net earnings are at least 134 times the total annual interest charges, including bonds to be issued, and then only for 80 p. v. of such cost. Callable as a whole (or in part for sinking fund) on any interest day at 105 and interest. Sink- ing fund, 1 p.c. annually of bonds outstanding, began Oct. 1, 1909. The Seattle Railway Co.'s frst mortgage 20-year 5 p. c. gold bonds, authorized $500,000, outstanding $394,000 (mortgage closed); purchased for sinking fund not cancelled $74,000, cancelled $32,000; due Nov. I, 1921; int. payable May 1 and Nov. 1 at Boston Safe De- posit & Trust Co., trustee; redeemable as a whole (or in part for sinking fund) at 110 and interest; sinking fund, I p. c. per annum of bonds issued. Puget Sound Power Co.’s first mortgage 5 p.c. gold bonds, author- ized $4,000,000, outstanding $3,055,000 (mortgage closed); pur- chased for sinking fund and cancelled, $258,000; coupon, but may be registered; dated 1903, due June 1, 1933; denom. $1,000; int. pay- able June and Dec. 1 at Old Colony Trust Co., Boston, trustee; call- able as a whole (or in part for sinking fund) at 110 and interest on any interest day. A sinking fund of t p.c. perannum of bonds out- standing commenced Mar. 1, 1906, to be invested in the bonds at not more than IIo and interest. Guaranteed as to principal, interest and sinking fund. Whatcom County Ry. & Lt. Co.’s first mortgage 5 p.c. gold coupon bonds, authorized $2,500,000, outstanding $1,471,000 (mort- gage closed); purchased for sinking fund and cancelled $47,000; can- celled $246,000; dated Nov. 1, 1905, due Nov. 1, 1935; int. payable May and Nov. r at Old Colony Trust Co., Boston, Mass., trustee; callable as a whole at 105 and interest on any interest date. Sinking fund, I p.c. per annum of outstanding bonds, payable Nov. 1. OPERATION (Consolidated statement).—Year ended Dec. 31. Igi2. 1913. GrosS$€arnin gs: oseas se ise caveats OAs Ses $8,313,848 $8,613,599 Operating expenses and taxes ............ 4,772,299 5,008,375 INGE Garmin GS) ic ccic locos aos c oajeibiGdae deenetevncis a annate aye 3,541,549 3,605,224 TPnterestichar wes... cvevtaceuneissa sents Lalu 6 1,752,375 1,811,436 Pa usc ee Coa eamonwerd alas esdn wom ele 1,789,174 1,793,788 Bond:sinking fundsivecas once ee ecau es 223,875 251,583 Pullen sce esheets eee A Owe we he ee 1,565,299 1,542,205 Diivid End ’S) ccuscescdaiewdats band wel. MLD renee *1,277,787 1,383,796 Balance, «c% soe genuine na ewan s stan Anant ene 287,512 158,409 *Paid on stocks of constituent companies prior to consolidation, and on stocks of Puget Sound Traction, Light & Power Co. since consolidation. Track.—Miles of single track, 493.3, trackage, 5.4; 536 passenger motor, 47 passenger cable grip and 14 passenger trail cars and 431 other cars; 2 steam locomotives and 13 electric locomotives. OrFicers.—Pres. Jacob Furth, Seattle, Wash.; V. Prests. Fred- erick S. Pratt, Boston, Mass.; A. W. Leonard, Seattle, Wash.; Guy L. Weymouth, James C. Trumbull, Worthington Cornell and Thomas S. Blumer, Boston. Mass.; Clerk, Chester M. Clark; Treas. Henry B. Sawyer, Boston, Mass.; Gen. Mgrs. Stone & Webster Management Association, Boston, Mass.; Gen. Supt. Seattle Div. A. L. Kempster; Mgr. Bellingham Div. L. R. Coffin; Mgr. Tacoma Div. Louis H. Bean. Direcrors.—John C. Rice, George von L. Meyer, Frederic E. Snow, Jacob Furth, Wm. Endicott, Jr., F. S. Pratt, Henry B. Sawyer, Henry G. Bradlee, C. A. Stone, Harry K. White, Robert S. Bradley, Thomas N. Perkins, George C. Lee, Isaac Sprague, E. S. Webster, E. W. Purdy, Nathaniel H. Stone, Russell Robb, Gardiner M. Lane, Philip Stockton, Stedman Buttrick. GENERAL OFFIcE, Pioneer Bldg., Seattle, Wash.; power stations, Dieringer, Snoqualmie Falls, Electron, Seattle, Georgetown, Belling- ham, Nooksack Falls and Tacoma, Wash.; car barns, Seattle, George- town, Bellingham, Tacoma, Kent and Allendale, Wash.; repair shops, Georgetown, Tacoma and Bellingham, Wash. For map of system see page 319. Seattle, Renton & Southern Railway Co.—Successor (Feb., 1903) tothe Seattle & Renton Ry. Co., which was chartered in Dec., 1896, in perpetuity. Franchises from Seattle to Renton expire in 1934. Annual meeting July1. In 1899 the Seattle & Renton Ry. Co. purchased the property and franchises of the Seattle & Rainier Beach Ry. The latter company maintains its corporate existence. Con- nects Seattle with Columbia City, Dunlap and Renton. Suit for the appointment of a receiver was brought in 1912 by William R. Crawford, former president. Receivers were appointed but subsequently were discharged by order of Judge Cushman, of the United States Circuit Court at Seattle, Wash., who decided that the Federal courts were without jurisdiction. Subsequently Scott Cal- houn and Joseph Parkin were appointed receivers by the Superior Court of King County, and this appointment was affirmed by the Supreme Courtof Washington. A. H. Peabody brought suit on Sept. 9, 1912, in the Superior Court to foreclose under the mortgage of 1908. On application of Mr. Crawford, the Superior Court granted a motion directing the Public Service Commission of Wash- ington to make a valuation of the physical property. The Court held that as the city might commence condemnation proceedings to acquire the road, the valuation would be helpful. Peabody, Houghteling & Co., of Chicago, are negotiating on behalf of the bondholders to ad- just the differences between the company and the city. In Mar., 1913, the City Council was authorized to enter into an agreement with the company for extensions desired by the public, giving the city an option to purchase at a price to be fixed by a dis- interested board of appraisers, and providing that the city shall share in profits and control of the company without investing any capital or incurring any liability until acquired as a municipal line. CaPITAL StocK.—Common, authorized and issued, $1,000,000; preferred, authorized and issued, $250,000. Funpep Dest.—First mortgage 5 p.c. gold bonds, authorized §1,- 000,000, outstanding, $825,000; coupon, but may be registered; dated 1908; denom. $500 and $1,000; int. payable May and Nov. at First National Bank, Chicago, Ill., and First National Bank, New York City; First Trust & Savings Bank, Chicago, IIl., trustee; $500,000 bonds were issued to retire prior liens and floating indebtedness, and $325,000 for new equipment and improvements; $175,000 are reserved for future extensions and additions at 70 p. c. of cost. The first $825,000 mature, $30,000 May 1, 1913; $40,000, May 1, 1914; $50,000 each year on May 1, 1915, 1916, and 1917; $60,000 yearly, May 1, 1918 to 1923 inclusive, and $70,000 May 1, 1924, $70,000 May 1, 1925, $70,000 May 1, 1926, and $35,000 May 1, 1927. The remaining $175,- 000, if issued, will mature, $35,000 May 1, 1926, and $70,000 each May I, 1927, 1928 and 1929. They are subject to call May 1, 1913, or on any interest date thereafter at 105 and interest. TRACK AND EQUuIPMENT.—Miles of track (electric), 25; 34 passen- ger cars, 35 freight cars. OrFicers.—Receivers, Scott Calhoun and Joseph Parkin; Sec., Treas., Audr. & Pur. Agt. F. W. Goodhue; Acting Gen. Mgr. Joseph Parkin; Acting Gen. Counsel, Scott Calhoun; Ch. Engr. & Road- master, H. L. Hawkins; Mast. Mech. F. C. Vehslage, all of Seattle, Wash. Drrectors.—W. R. Crawford, James B. Houghteling, E. M. Mills; E. S. McCord and F. J. Friend. GENERAL OFFICE, CaR House AND REPAIR SHoPs, Columbia Sta- tion, Seattle, Wash. Seattle Municipal Railway.—Line built to form a continuation of the Seattle, Renton & Southern R. R. Co. Work cars are in oper- ation over new division, and passenger service will shortly be begun. TRACK AND EQuipMENT.—Miles of double track, 3.5; miles of single track, 1.2; 12 double truck passenger motor cars, all of which are of the prepayment type; one line car. Orricers.—Supt. A. L. Valentine; Elec. Engr. during construc- tion, H. J. Kennedy. GENERAL OFFice, Dept. of Public Utilities, Seattle, Wash.; power station, Aloha St. and Dexter Ave.; repair shops, Third Ave. West and West Ewing St., Seattle, Wash. . SPOKANE. Population in 1900, 36,948; in IgI0, 104,402. Spokane & Inland Empire Railroad Co.—Incorporated in Washington, Jan. 15, 1906, as a consolidation of the Spokane Traction Co., the Spokane Terminal Co., the Spokane & Inland Ry. Co., the Coeur d'Alene & Spokane Ry. Co., Ltd., and The Spokane Power De- velopment Co. Connects Spokane with Colfax, Wash., and Moscow: Coeur d'Alene City and Hayden Lake, Idaho (with branch to Liberty Lake). Another line from a point on the Coeur d'Alene Division near Greenacres, through the irrigated tracts of Vera and Oppor- tunity, entering Spokane over the East Sprague Ave. line, has been completed. Company owns franchises to do lighting. In 1909 The Great Northern Ry. acquired a controlling interest. CapiTaL Stuck.—Common, authorized and issued, $10,000,000; preferred rights, 5 p. c. authorized $10,000,000, issued $6,409 100, Preferred rights cumulative after Jan. 15, 1911. After 5 p. cs on the common, the preferred shares ratably with the common up to 7 p.c., but not higher. Dividends of 1 p. c. on preferred rights were paid Jan. 20, 1907, Apr. 20, 1907, July 20, 1907, and Oct. 20, Ig07; none since. Funprep Desr.—First and refunding mortgage 5 p. c. gold coupon bonds, authorized $15,000,000, outstanding $3,913,000; dated May 1 1906, due May 1, 1926; denom. $1,000; int. payable May and Nov. at the office of the First Trust & Savings Bank, Chicago, or First National Bank, New York; $964,000 0f the first refunding bonds are reserved to retire $850,500 bonds of the subsidiary companies, and $10,000,000 for 75 p.c. of cost of permanent extensions and additions, but only when net earnings for the preceding year have been at least twice the annual WASHINGTON McGRAW ELECTRIC RAILWAY MANUAL 321 interest charge on all bonds outstanding and to be issued. Subject to call from May I, Igri, to Nov. 1, 1915, at 10714 and interest, thereafter at 105 and interest. Sinking fund of 1p. c. per annum of outstanding bonds is payable from rgrr to IgI5, 17% p. c. from 1916 to 1920, and 2 p. c. from 1921 to 1925. Spokane Traction Co.’s first mortgage 5 p.c. gold coupon and registered bonds, authorized $1,000,000, outstanding $151,000; dated Sept. 19, 1905; denom. $1,000; int. payable Jan. and July at Title Guarantee & Trust Co., New York, trustee; subject to call as an en- tirety at 105 and interest on 60days’ notice. Bonds are due, $10,000 annually from July, 1910 to rgt4, at 105 and accrued interest; $15,000 annually, July, 1915 to 1924, at ros and interest, and remaining $700,000 on July 1, 1925, at par and interest. Coeur d’Alene & Spokane Ry.’s first mortgage 5 p. c. gold bonds, authorized $500,000, outstanding $442,000; coupon, but may be regis- tered; dated Nov. 21, 1903, due Jan. 1, 1g29; denom. $100, $500 and $1,000; int. payable Jan. and July at Title Guarantee & Trust Co., New York, trustee. Sinking fund, 5 p. c. of netearnings. Bondsare subject to call after Jan. 1, 1914, at 105 and interest. Spokane Terminal Co.'s first mortgage 5 p.c. gold bonds, author- ized $500,000, outstanding $245,000; coupon, but may be registered; dated Aug 1, 1905; denom. $500 and $1,000; int. payable Feb. and Aug. at First Trust & Savings Bank, Chicago, trustee, or First National Bank, Boston, Mass. Bonds mature, $12,500 on Aug. 1, from IgI0 to 1929 inclusive, and $100,000 on Aug. I, 1930. Unissued bonds mature in 1930, but are subject to call at 105 and interest. OPERATION.—Year ended June 30, IgIt. IgI2. 1913. Freight: revenu€scccie sss ccecaciek $399,981 $313,012 $336,813 Passenger’ evs teeaiclesevscnauee < oc 620,882 638,621 565,703 Street railway system............. 549,111 545,529 550,040 OUREF TEVENUE s lisciees ben Nsenosecow 115,380 135,347 164,219 Total operating revenue........... 1,685,354 1,632,509 1,616,781 Maint. of way and structures.. 277,810 223,561 226,161 “ ‘* equipment..... 185,203 166,979 179,958 Traffic expenses.............. 27,242 27,197 24,935 Conducting transportation. ... 545,399 505,054 512,139 General expenses............. 182,955 167,412 157,322 Total operating expenses.......... 1,218,609 1,090,803 1,100,515 Net operating revenue............ 466,745 541,706 516,266 Taxk@s ACCTOE 5 sis csndaie cared ened Ais 72,000 149,000 147,000 Operating income........... senate 394,745 392,706 369,266 Other income........... 0.00.00 ee 4,936 Interest on funded debt. ...... 247,113 245,169 241,542 Othersintéréest: ..42) ss eves vane 151,256 195,538 210,190 Accident, Gibbs, Idaho........ 36,311 14,106 Depreciation, line abandoned, reconstruct. acct. flood, & mis. gI, 766 8,061 999 DENCE. 5-5ohccoeeSradiderd atabieaueeeanaars 131,701 70,168 78,529 Operating expenses p.c. of revenue 72.31 66.82 68.07 BALANCE SHEET.— Dated June 30, I913. ASSETS. LIABILITIES. Property investment. ..$25,701,979 Capital stock, com... .$10,000,000 Material and supplies. 243,371 Preferred rights...... 6,409, 100 GASH ic 5.5 s sctessalacscnexateniss 2 68,936 First mortgage bonds.. 4,806,500 Due from agents and Unfunded debt....... 4,170,073 conductors......... 13,444 Audited vouchers and Cash and securities in wages unpaid...... III,314 sinking fund........ 23,485 Traffic & car serv. bal. Miscel. accounts re- due to other cos., net yee ceivable,........... 67,496 Miscel. accts. payable. 2,500 Insurance paid in adv. 1,104 Unmatur’d. int.not due 139,804 Other deferred debit Taxes accrued, not due ItEMS 2... cee eee eee 3,863 (partly estimated)... 279,743 Oth. def’d. credit items 9,773 Reserve from income.. 14,584 Profit and loss........ 173,066 TPOtaliea acdsee tae $26,123,678 Totalkcesersisae ies $26,123,678 Track AND Equipment.—Miles of track (electric), 290.942; 124 passenger cars, of which 67 are city motor cars, 36 other motor Cars, 21 trail cars, 438 freight cars, 34 work cars, ro electric and 4 steam locomotives. Orricers.—Pres. L. C. Gilman; V. Pres. & Traffic Mgr. Waldo G. Paine; Sec. & Treas. W. G. Davidson; Compt. H. B. Ferris; Gen. Counsel, Graves, Kizer & Graves, all of Spokane, Wash; Pur. Agt. C. L. Bankson; Div. Supt. E. E. Lillie; Supt. City Div. F. C. Farr; Claim Agt. H. K. Relf, all of Spokane, Wash.; Ch. Engr.A. M. Lupfer, Portland, Ore.; Elec. Engr. J. W. Hungate; Supt. Sub. Stas. F. A. Jeter; Supt. Shops, A. J. Mayham; Roadmaster, P. McNamara, Spokane, Wash. Trustees.—George T. Ried, Tacoma, Wash.; Frederick V.Brown, L. C. Gilman, Portland, Ore.; Waldo G. Paine, Spokane, Wash.; Will G. Graves, Aaron Kuhn, Fred B. Grinnell, Spokane, Wash. GENERAL OFFICE, Terminal Bldg., Spokane, Wash., power sta- tion at Nine Mile Bridge (no P. O.); repair shops, Spokane, Wash. and Coeur d’Alene, Idaho. The Washington Water Power Co.—Chartered Mar. 14, 1888, for 50 years. This company owns, by purchase, the entire property formerly belonging to the Edison Electric Hluminating Co., Spokane Street Ry. Co., Spokane Electric Ry. Co., Spokane Cable Ry. Co., Ross Park Street Ry. Co. and Falls City Land & Improvement Co. Also owns the lighting plant of Colfax, Wash. In 1913 acquired the Idaho-Washington Light & Power Co., and on Jan. 1, Igit4, the property of the Big Bend Light & Power Co. It also leases the railway property of the Arlington Heights Motor Ry. Co. The company has an extensive lighting and power plant, and about 4oo miles of power transmission supplying the Coeur d’Alene mining district and the country 100 miles south and west of Spokane. Annual meeting first Monday in Feb. CaPITAL Stock, authorized $20,000,000, issued $14,081,900; par $100. DivipENps.—In 1900, first dividend, 3 p.c.; in Ig0I, 4 p.c.; in 1902, 5 p. c.; in 1903 and in 1904, 6 p.c.; 1905 to and including 1909, 7 p. ce. each year; in 1910, IgII, 1912 and 1913, 8 p.c.; Jan., 1914, 2p. c. FunDED Drxsr.—First refunding mortgage 5 p. c. gold bonds, authorized $15,000,000, outstanding $4,884,000, in treasury $400,000; coupon and registered; dated July 1, 1909, due July 1, 1939; denom. $1,000; int. payable Jan. and July in New York City; $240,000 bonds are reserved to retire first mortgage and unissued bonds are reserved for additions and extensions at not to exceed 50 p. ec. of cost; sink- ing fund of 2p.c. per annum, payable quarterly, beginning Sept., 1909, provides for the purchase of bonds at not exceeding 110 and interest. First consolidated mortgage and collateral trust 5 p.c. gold bonds, authorized $2,000,000, outstanding $240,000; dated July 1, 1899, due July 1, 1929; denom. $1,000; int. payable at office of the Franklin Trust Co., of Brooklyn, N. Y., trustee of mortgage. OPERATION.—Year ending Dec. 31, IgII. IgI2. tro13. GrOsS MCOME sc ves ees weed Cae $3,264,158 $3,170,245 2,914,950 Operating expenses............. ..*1,652,981 *1,602,353 1,291,673 Earnings from operations.......... 1,611,177. 1,567,892 1,623,277 Intereston bonds............. 269,670 264,388 259,219 “ “* floating debt....... 31,467 50 2,975 Net income ........ 0 cece cece eee T.310,040 =—-1,303,454 =, 361,083 Dividends: paid... ¢ Treas. J. N. Tabb, Parkersburg, W. Va.; Gen. Mgr. & Pur. Agt. Henry H. Archer, Parkersburg, W. Va.; Supt. Parkersburg Div. Geo. T. Mann, Supt. Ohio Div. Frank E. Wilson, Marietta, O.; Gen. Fgt. Agt. Ww. H. Lehmer, Parkersburg, W.Va.; Ch. Engr. C. C. Gallaher, Marietta, O.; Ch. Engrs. Pwr. Stas. M. L. Smith, Parkersburg, W. Va., and George Dorr, Marietta, O.; Mast. Mech. S. T. Limes, Parkersburg, W. Va.; Supt. Maint. of Way, J. W. Archer, Parkersburg, W. Va. Direcrors.—C. C. Martin, Jas. A. Wetherill, S. D. Camden, W. W. Van Winkle, F. E. Davidson, Thos. Logan, Reese Blizzard, all of Parkersburg, W. Va.; W. H. H. Jett, W. W. Mills, D. P. Torpy, A. L. Gracey, John Kaiser, J. S. H. Torner, all Marietta, O.; J. N. Camden, Versailles, Ky. GENERAL OFFICE, Parkersburg, W. Va.; power stations and repair shops, Marietta and Parkersburg. Parkersburg & Ohio Valley Electric Railway Co.—Connects Friendly and Sistersville. In receiver’s hands. Track.—Miles of track in operation, 5. OFFIceRS.—Receiver, C. L. Williams, Parkersburg, W. Va.; Pres. V. B. Archer, Parkersburg, W. Va.; V. Pres. W. R. Smith, Sistersville, W. Va.; Sec., Treas., Gen. Mgr. & Pur. Agt. C. L. Williams, Parketsburg, W. Va.; Ch. Engr. E. L. Benton, Sistersville, W. Va. GENERAL OFFICE, Parkersburg, W. Va. PRINCETON. Population in 1910, 3,027. Princeton Power Co.—Chartered Sept. 8, 1907, for 50 years. Franchise granted Jan. 12, 1909, for 50 years. Connects East and West Princeton. Annual meeting third Tuesday in Jan. TRACK AND EQuipMENT.—Miles of track, 11%; 2 motor cars, I freight car. Orricers.—Pres., Gen. Mgr. & Pur. Agt. S. J. Evans; V. Pres. A. W. Reynolds; Sec. & Treas. L. H. Perkins, Princeton, W. Va. GENERAL OFFICE AND PowER STATION, Princeton, W. Va. SISTERSVILLE. Population in 1910, 2,684. Tyler Traction Co.—Connects Sistersville, Pursley and Middle- bourne. TRACK AND EQuipMENT.—Miles of track, 12; other cars. Orricers.—Pres. H. W. McCoy; V. Pres. R. Broadwater; Sec. W. O. Harrington; Treas. W. J, Neuemchwander, Sistersville, W. Va.; Roadmaster, John Snodgrass, New Martinsville, W. Va. GENERAL OFFICE AND REPAIR SHOPS, Sistersville, W. Va. 5 motor cars, 2 Union Traction Co.—Purchased the Wetzel & Tyler Ry. Co. Connects New Martinsville, Paden City and Sistersville. Owns and reaches Paden Park. TRACK AND EQUIPMENT.—Miles of track, 12; 9 motor cars, I other car. : Orricers.—Pres. & Treas. H. W. McCoy; V. Pres. R. Broad- water; Sec. S. G. Messer; Supt. A M. Jones; Roadmaster E. H. Meeks, Sistersville, W. Va. GENERAL OFFICE AND POWER STATION, Sistersville, W. Va. WELLSBURG. Population, 4,189. STEUBENVILLE, WELLSBURG & WEIRTON RAILWAY CO.—Organized in West Virginia Mar. 2, 1911, and leased the Ohio River Passenger Ry. Co. for 90 years from Apr. I, 1911; this lease was cancelled Dec. 1, 1913. All of the stock except directors’ shares is owned by the Tri-State Railway & Electric Co. CaPitaL StTock.—Common, authorized and outstanding, $1,- 300,000. Funpep Dest.—First mortgage 5 p.c. bonds, authorized and outstanding, $700,000; dated Apr. 1, 1911, due Apr. 1, 1951; int. pay- able Apr. and Oct. 1. Wellsburg, Bethany & Washington R. R. Co.—Incorporated in Dec., 1905. Connects Wellsburg and Bethany. TRACK AND EQuirMENT.—Miles of track, 7.8; 4 cars. OrFicers.—Pres. T. E. Cramblet, Bethany; V. Pres. Samuel gg Sec. & Treas. J. S. Liggett; Ch. Engr. M. E. Boyd, Wellsburg, . Va. GENERAL OFFICE, Wellsburg, W. Va. WEsT VIRGINIA McGRAW ELECTRIC RAILWAY MANUAL 325 WHEELING. Population in 1900, 38,878; in 1910, 41,641. WHEELING TRACTION CO.—Incorporated Oct., 1900, The greater part of the franchises are perpetual and remainder extend to 1958. A consolidation on Jan. 1, 1901, of the Wheeling Ry. Co., the Bellaire, Bridgeport & Martin’s Ferry Street Ry. Co. and the Mounds- ville, Benwood & Wheeling Ry. Co. Owns a controlling interest in and oferates the Citizens’ Street Ry. Co. under a 99-year lease from Aug. Io, 1892. Owns the capital stock of the Bellaire Southwestern Traction Co, and the Wheeling & Western Ry., and also controls the Pan Handle Traction Co. and the Steubenville & Wheeling Traction Co. Annual meeting last Saturdayin Jan. A large majority of the stock has been acquired by the West Penn Traction & Water Power Co. The latter company is controlled by the American Water Works & Electric Co., a reorganization of the American Water Works & Guarantee Co. The reorganization did not affect the West Penn ‘Traction & Water Power Co. or its subsidiaries, CaPITAL STOCK, authorized $2,500,000, issued $2,336,300; par $100, Divipenps,—First dividend paid Jan. 10, 1903, 1 p. c.; July, 1 p. c.; none thereafter to July, 1909, when I p.c. was paid; in 1910, 3 p. c.; in I9gII, 4 p.c.; in 1912, 5 p.c.; in 1913, Feb. 1% p. cc. FUNDED Desr.-—First mortgage 5 p. c. bonds, authorized $10,000,- 000; dated 1913, due 1943; coupon and registered; Colonial Trust Co., Pittsburg, trustee. Subject to call at 105 and accrued interest. $2,- 500,000 to be issued to refund first consolidated mortgage bonds; balance for extensions and betterments. First consolidated mortgage 5 p.c. gold bonds, authorized and outstanding, $2,500,000; dated Jan. t, 1901, due Jan. 1, 1931; coupon, but may be registered; subject to call on 30 days’ notice at 105; int. payable Jan. and July at Cleveland Trust Co., of Cleveland, trustee, and National Bank of Commerce, New York. TRACK AND EQUIPMENT.—Miles of track operated (electric), 51.47, of which 42.08 miles are owned in fee; controls 35 miles in addition; 144 motor cars. OFFIcERS.—Pres. Wm. S. Kuhn, Pittsburg, Pa.; V. Pres. Jas. S. Kuhn, Pittsburg, Pa.; V. Pres. & Gen. Mgr. G. O. Nagle, Wheel- ing, W. Va.; Sec. W. A. Shirley, Wheeling, W. Va.; Treas. J. B. Van Wagoner; Asst. Treas. C. W. Scheck; Asst. Sec. Byron Trimble, all of Pittsburg, Pa.; Supt. Transpt. C.’M. Marsh; Supt. Tracks, W. A. Underwood; Pur. Agt. R. Poe; Ch. Engr. Power Station, A. G. Mersing; Mast. Mech. F. O’Brien, all of Wheeling, W. Va. GENERAL OFFICE AND Power Station, Wheeling, W. Va. STEUBENVILLE & WHEELING TRACTION CO.—In Sept., 1905, acquired the Steubenville, Mingo & Ohio Valley Traction Co., chartered Aug., 1899. Connects Steubenville with Mingo Junction, Brilliant, Rayland, Tiltonville and Martin’s Ferry. Controlled by the Wheeling Traction Co., which owns the entire stock. CAPITAL STock, authorized $650,000, issued $500,000; par $100. Funpep Drsr.—New first mortgage 5 p. cv. gold bonds, author- ized $650,000, outstanding $500,000; reserved to retire prior liens, $117,000; dated May t, 1905, due May 1, 1935; int. payable May and Nov. at Dollar Savings & Trust Co. of Wheeling, W. Va., trustee. Subject to call on and after May 1, 1908, at 102 and interest. Guaran- teed by the Wheeling Traction Co. Steubenville, Mingo & Ohio Valley Traction Co.’s first mortgage 5 p. vc. gold bonds, authorized $150,000, outstanding $117,000; coupon, but may be registered; dated Jan. I, 1900, due Jan. 1, 1920; denom. $1,000; int. payable Jan. and July at Equitable Trust Co., New York, trustee. Redeemable at par after Jan. 1, Ig10, upon three months’ notice. TRACK AND EQuIPMENT.—Miles of track (electric), 17.6; 21 motor cars. Power STATION, Brilliant, O.; repair shops at Steubenville, O. WHEELING & WESTERN RAILWAY CO.—Connects Wheel- ing, W. Va., Bridgeport, Wheeling Creek, Lansing, Pasco and Bar- ton, O., and is operated by the Wheeling Traction Co., which owns the capital stock. CAPITAL STOCK, $500,000. Funpep Dezst.—Bonds authorized, $500,000; issued, $235,000. Track.—Miles of track (electric), 7.5. PAN HANDLE TRACTION CO.—Franchise in Ohio County is perpetual, in Brooke for 50 years from 1go1. This road operates from Wheeling to Lazearville, W. Va. In Jan., 1906, control was ac- quired by the Wheeling Traction Co. Annual meeting last Saturday in Jan. CapiraL Stock, authorized and issued, $500,000. Funpep Dest.—First mortgage 5 p. c. gold bonds, authorized and outstanding, $500,000; coupon, but may be registered, dated Apr., 1903, due Apr. I, 1933; denom. $500and $1,000; int. payable Apr. and Oct. at Columbia-Knickerbocker Trust Co., New York, trustee; sub- ject to call on any interest date until Ig12 at 105 and interest, there- after at par and interest on 30 days’ notice. TRACK AND EQuipMENT.—Miles of track (electric), 19.27; 9 motor cars. REPAIR SHops at Windsor Station, W. Va. BELLAIRE SOUTHWESTERN TRACTION CO.—Chartered Feb. 2, 1906, Franchise granted June 11, 1906, in perpetuity. Annual meeting in Feb. This company operates suburban lines from Bellaire to Shadyside. The Wheeling Traction Co. owns the stock and oper- ates the property of this company. CapriraL Srock, authorized, $500,000; outstanding, $66,000; held in treasury, $434,000. Funprep Drst.—First mortgage 5 p.c. gold bonds, authorized $500,000, outstanding $65,000; in treasury $435,000; coupon and registered; dated, 1906, due Nov. 1, 1926; denom. $1,000; int. payable Mar. and Nov. at Dollar Savings & Trust Co., Wheeling, W. Va., trustee; may be called any interest period at 102 and accrued interest. TRACK.—Miles of track (electric), 2 in operation. WEST VIRGINIA TRACTION & ELECTRIC CO.—Incorpor- ated July 11, 1912, in West Virginia and acquired the properties formerly owned by the Union Utilities Co., and the City & Elm Grove R. R. and subsidiaries. ‘The City & Elm Grove R. R. Co. owned control of the City Ry. Co., the Wheeling & Elm Grove Ry. Co., the Wheeling Park Association and the Suburban Light & Water Co. Also owns the entire common stock of the City & Suburban Gas Co., which has outstanding in the hands of the public $100,000 7 p. c. preferred stock and $500,009 first mortgage 6 p. cc. bonds (out of an authorized issue of $1,000,000) the principal and interest of which are guaranteed by the West Virginia Traction & Elec.Co. The company owns and operates a part of the electric railways in the city of Wheel- ing, the railways, electric lighting, gas and water utilities in the Elm Grove suburban district and an amusement park of 33 acres served by its railway system, and in addition, owns valuable real estate adjacent to Wheeling, It also owns leases on 27,000 acres of natural gas fields about one-quarter developed, lying between Wheeling and Morgan- town. Also owns and operates the water, electric light and gas utili- ties and an electric railway in the city of Morgantown, W. Va. In 1913 the Eastern Power & Light Corporation acquired control of this company. CaPITAL STock.—Common, authorized $2,000,000, outstanding $1,250,000; preferred, 7 p. c. cumulative, authorized $2,000,000, out- standing $560,000; par value $100. Funpep Dexsr.—Convertible 5 p.c. gold notes, authorized and outstanding, $1,250,000; dated July 1, rg12, due July 1, 1915; denom. $1,000, coupon; int. payable Jan. and July; callable at 102 and inter- est on 90 days’ notice; Equitable Trust Co., New York, trustee; con- vertible into first and refunding extension mortgage bonds, par for par, at maturity at option of holder; a direct obligation and are se- cured by deposit of $1,565,000 first and refunding extension mortgage bonds. First and refunding extension mortgage gold bonds, authorized $25,000,000, issued $1,565,000, and bear interest at 6 p.c.; dated 1912, due 1941; remaining bonds are reserved, bearing interest at either 5 p.c. or 6 p.c., for prior liens, and for extensions and improvements at 85 p. c. of cost thereof when earnings for preceding twelve months shall have been twice the interest charges on bonds outstanding and those to be issued. City & Elm Grove Railroad Co.’s consolidated collateral trust mortgage 5 p. c. gold bonds, authorized $2,500,000, outstanding $1,154,000; dated July 1, 1906, due July 1, 1936; denom. $1,000; int. payable Jan. and July at Union Trust Co., Pittsburg, Pa., trustee; $1,000,000 bonds are reserved to retire priorliens. Subject to call on any interest date at 105 and interest. Wheeling & Elm Grove R. R. Co.’s first mortgage 5 p.c. gold bonds, authorized $1,000,000 (originally $1,250,000 but reduced in Sept., 1906), outstanding $965,000; dated 1gor, due Apr. 1, 1931; de- nom. $1,000, coupon but may be registered as. to principal; int. pay- able Apr. and Oct. at Wheeling Title & Trust Co., trustee. Union Utilities Co.’s first mortgage 5 p. vc. gold bonds, authorized $1,500,000, outstanding $1,128,000; $65,000 are in treasury and re- maining $307,000 are reserved for improvements and extensions at 75 p. c. of cost; dated rgog, due July 1, 1944; denom. $1,000, coupon, but may be registered as to principal; int. payable Jan. and July at Farmers’ Loan & Trust Co., New York, trustee; redeemable at 105 and interest on any interest day on 30 days’ notice; sinking fund, r p. c. semi-annually of bonds outstanding; after setting aside 1 p.c. semi-annually and payment of 7 p.c. on preferred and 10 p.c. on common, sinking fund shares equally with any further dividend on common. TRACK AND EquipMENT.—Miles of track (electric), 39.5; 74 motor cars, 6 freight and other cars. OrFicers.—Pres. Jos. B. Taylor; V. Pres. A. N. Dutton; Sec. & Treas. J. R. Fusselman. GENERAL OFFICE, 12th and Chapline Sts.; power station at Elm Grove and 27th and Wood Sts, Wheeling; repair shops, 12th and McColloch and 27th and Wood Sts., Wheeling, W. Va. CITY RAILWAY CO.—Municipal franchise granted in Mar., 1902, for 50 years. Annual meeting second Wednesday in Jan. Majority of stock is controlled by the West Virginia Traction & Elec- tric Co. CAPITAL STOCK, authorized $1,000,000, issued $444,000. FunpEep Drest.—First mortgage 5 p.c gold coupon bonds, author- ized $500,000, none issued; dated July, 1904, due 1954; denom. $1,000. TRACK AND EquipMenT.—Miles of track (electric), 13; 20 motor cars. PowER STATION AND Repair Suop, 27th & Wood Sts., Wheeling. 326 McGRAW ELECTRIC RAILWAY MANUAL WISCONSIN WISCONSIN. APPLETON. Population in 1900, 15,085; in 1910, 16,773. Wisconsin Traction, Light, Heat & Power Co.—Organized in Aug., 1900, to consolidate the Neenah & Menasha Ry., Fox River Valley Electric Ry., and Appleton Electric Light & Power Co. Franchises in Appleton expire in 1936. Annual meeting third Friday in Jan. Connects Appleton, Neenah. Menasha and Kaukana, and includes local line in Appleton. Acquired the Fox River Valley Gas & Electric Co. CapPiTAL Stock, authorized $1,000,000, outstanding $699,400, in treasury $300,600; par value, $1oo per share. Funvep Dest.—First mortgage 5 p. c. gold bonds, authorized $3,000,000, outstanding $1,120,000; coupon, -but may be registered; dated July 1, 1901, due July 1, 1931; denom. $1,000; int. payable Jan. t and July 1 at First Savings & Trust Co., Milwaukee, Wis., trustee. May be called as a whole on any interest date at 110. Appleton Gas Light & Fuel Co. 6 p. c. bonds, authorized and outstanding $15,000; dated Nov. 1, 1894, due Nov. 1, 1914; coupon or registered; denom. $500; int. May 1 and Nov. at State Bank of La Crosse, La Crosse, Wis., trustee. OPERATION.—Year ending Dec. 31, IQIl. IgI2. IgI3. Earnings from railway....... ......... $129,765 $133,209 $139,511 we “* Highting plant. c.ccicccscats 113,679 112,287 123,804 2 SS COTHEF SOUTCES. « bocescesacene-s 112,759 113,886 128,873 GLOSS INCOME) ..i6. occa ase eiveees, Lanta aedtes 356,203 359,382 392,278 General -CXpenses ees i6 5 4) soea waco 124,507 12,933 ~ 15,027 Operation Of Carsis.c:.%. 44,295 Trustee for sink’g fund 535 ee Shokan - : Pec eaccount...... 4,656 Reserve for depreciatn ; oa Profit and loss(surplus) 175,846 TOtalcccacatashcmses $8,359,929 Totals siccstwntacesc0 548s $8,359,929 TRACK AND EquipMENnT.—Miles of track (electric), 13.86, (steam), 18; 35 passenger motor and 11 freight motor cars, 3 electric loco- motives, 6 steam locomotives, 200 freight and 6 passenger (steam) cars; 4 electric dump cars. Orricers.—Pres. D. E. Thomson; V. Pres. W. D. Ross, Toronto, Ont.; Sec. Fred. C. Clarke, Toronto, Ont.; Gen. Mgr. F.W. Teele, San Juan, P. R.; Pur. Agt. Electrical Engineering & Purchasing Co., 115 Broadway, New York City. Direcrors.—W. B. Ross, Halifax, N. S.; Sir Max Aitken, Lon- don, England; D. E. Thomson, S. J. Moore, W. K. McNaught, A. E. Ames, W. D. Ross, James Ryrie, Toronto, Ont.; V. M. Drury, Montreal; F. W. Teele, San Juan, P.R.; C. J. Holman, Toronto. GENERAL Office, 76 Adelaide Street West, Toronto, Can. PHILIPPINE ISLANDS. MANILA. Population in 1902, 300,000; in 1909, 350,000. The Manila Electric Railroad & Lighting Corporation.— Incorporated June 26, 1903, in Connecticut, and acquired the stock and bonds of the Manila Electric R. R. & Light Co., the latter owning a 50-year franchise from Mar. 24, 1903; practically the entire stock of the Union Truck Co. and the Compania de los Transvias de Filipinas, and over 98 p.c. of the stock of La Electri- cista, a company owning a 50-year franchise for electric lighting; also owns the entire stock of the Manila Suburban Rys. Co. An- nual meeting third Friday in Sept. CAPITAL STocK, authorized, $8,000,000, outstanding, $5,000,000; par value, $100; stock listed on New York Stock Exchange. Divipenps.—First dividend paid Apr. 2, 1906, r p.c.; Oct. 15, 1906, I p. c.; in 1907, 3 p.c.; in 1908, 1909 and 1910, 4 p.c.; in Ig1I, 53% 'p.c.; in 1912 and 1913, 7 p. c. FunpDED Desr.—First lien and collateral trust gold bonds, author- ized, $5,000,000, outstanding, $4,991,000; coupon, but may be regis- tered; dated 1903, due Mar. 1, 1953; denom. $1,000; int. payable Mar. and Sept., at Equitable Trust Co., New York City, trustee. Sinking fund of % p.c. of outstanding bonds Mar. 1. 1908, to 1917; thereafter I p. c, to maturity. Listed on the New York and London Stock Exchanges. Secured by pledge of the total issue ($3,000,000) of Manila Electric R. R. & Light Co.’s bonds, and entire ($999,300) stock except 7 shares, $19,750 of the $20,000 stock of the Union Truck Co., $174,950 of the $175,000 stock and 1,050 (all) Founders’ Certificates of the Compania de los Transvias de Filipinas, and $693,000 of the $700,000 stock of La Electricista Co. OPERATION.—Year end. Dec. 31, IgII. IgI2. 1913. Gross income.........0..2e00+0 + -+-$1,452,688 $1,597,674 $1,605,843 Total operating expenses.......... 641,838 724,487 790,868 Net earnings... ...... cece seen ee eee 810,850 873,187 904,975 Interest on bonds................+. 277 092 277,500 277,650 Sinking fund. ........e.eeeee eee eee 27,933 28,250 28,250. Surplus over fixed charges........+ 505,825 567,437 589,075 TRACK AND EQUIPMENT.—Miles of track, 53.8; motor cars, Io work cars. Orricers. — Pres. Chas. M. Swift, Detroit, Mich.; V. Pres. & Gen. Mgr. C. Nesbitt Duffy, Manila, P.I.; Sec. T.W. Moffat; Treas. R. B. Marchant, 43-49 Exchange Place, New York City; Operating Managers, The J. G. White Management Corpn., 43 Exchange Place, New York City. : Drrectors.—C. M. Swift, Detroit, Mich; R. W. Leigh, F. H. Reed, J. G. White, A. Potter, J. H. Pardee, J. Dugald White, all of New York City. GENERAL OFFICE, 43 Exchange Place, New York City; power sta- tion, Centre of Manila; repair shops, Sampaloc and Tondo. IIg passenger THE MANILA SUBURBAN RAILWAYS CO.—Incorporated in July, 1906, in Connecticut. Franchises expire in 1953. Operates from Manila to Fort William McKinley and Pasig. The Manila Elec- tric R. R. & Lighting Corporation owns the entire stock and guar- antees the bonds, principal and interest. : CapiTaL Srock, authorized, $1,000,000; outstanding, $530,000; par $100; owned by Manila Electric R.R. & Lighting Corporation. Bonprep Drst.—First mortgage 5 p.c. gold bonds, authorized $2,500,000, outstanding $650,000; coupon, $1,000; principal may be registered; dated Sept. 1, 1906, due Sept. T, 1946, but subject to call after Sept. 1, 1928, and to purchase for sinking fund on and after Sept. I, IgII, at 105 and int.; int. payable Mar. and Sept. at office of New York Trust Co., trustee. Guaranteed, principal and interest, by Manila Electric R.R. & Lighting Corporation. oo He DY McGRAW ELECTRIC TRINIDAD RAILWAY MANUAL JAMAICA. KINGSTON. The West India Electric Co., Ltd.—Company operates the Kingston & St. Andrew electric railway system, also furnishes current in Kingston and St. Andrew for lighting and power. CaPivTAaL STOCK, authorized and issued, $800,000; par $rvo. DivipENDs.—First dividend paid Dec. 31, 1907, 1 p. c.; in 1908, 4 Pp. C.; in 1909, 434 p. c.; in 1910 to 1973 inclusive, 5 p. c.; in 1914, Jan., 1% p.c. FunpDED Drsr.—First mortgage 5 p.c. gold bonds, authorized and outstanding, $600,000; coupon, but may be registered; dated 1898, due Jan. 1, 1928; denom. $500; int. payable Jan. and July at Bank of Montreal, Can.; Montreal Trust & Deposit Co., trustee. OPERATION.—Year ending Dec. 31, IgIo. IQII. IgI2. Railway earningsiad ses ¢ sciences. $177,251 Electric light earnings.................. 51,004 Power and miscellaneous earnings...... I1,8I1 Gross earnings. ..... . ee eee eee eee eee 240,066 $263,108 $261,080 General expenses.................. 36,594 Transportation expenses............ 51,584 Maintenance of way and structures. 22,115 Operating expenses. ............ 00 eens 110,293 133,243 136,431 Gross income less operating expenses... 129,773 129,865 124,649 Interest on bonds..............-06- 30,000 30,000 30,000 Taxes on railway earnings.......... 7,136 7,851 7,692 FROM AT ee cad avatars ce sovcavansuachoiecacgentsleseiete, 12,000 12,000 12,000 Nea ncOM Gs oc ctss. eaielaanaeiees.s 80,637 80,014 74,957 Surplus previous year...............06. 292,000 Adjustments). cals pers as ceegeeeakate 2,936 Total PERE KRY (RERRROREMROE ALY ET eey ES 375,573 Dividends. < e260 4 andenenwa ewe dees 40,000 40,000 40,000 Amounts written off........-.......026. 11,388 Contingent account. sccc ccueceast cee 7,852 SURPIUS se ssid ed -tiate cece acticieralivaiienenr oad sm 316,333 P.c, expenses to earnings.............. 45.94 STATISTICS OF TRAFFIC. Year ending Dec. 31, TgIo. IgII. IgI2. Total passengers carried...............4,797,956 5,287,963 4,712,393 TRACK AND EQUuIPMENT.—Miles of track (electric), 24; 32 motor and 7 other cars. OrFicers.—Pres. Jas. Hutchison, Montreal, Can.; V. Pres. G. J. Crowdy, Montreal, Can.; Sec. H. E. Lewis, Montreal, Que.; Mgr. W. H.Tittensor, Kingston; Compt. Arch. McGillivray, Montreal, Que.; Audr. W. C. Cassidy; Pur. Agt. Electrical Engineering & Purchasing Co., 115 Broadway, New York City; Elec. Engr. H. Campbell, Kings- ton; Engr. Pwr. Sta., D. Aiken, Kingston; Traffic Supt. David N. Barr, Kingston. DirecTors.—Jas. Hutchison, G. A. Savage, G. J. Crowdy, P. L. Lukis, A. H. Duff, D. N. Beers, A. R. Oughtred. GENERAL OFFICE, Commercial Union Bldg., Montreal, Que.; power station, Bog Walk; repair shops, 151 Orange St. TRINIDAD PORT OF SPAIN. Trinidad Electric Co., Ltd.—Incorporated in 1899 by charter from legislative council of Trinidad, confirmed by imperial govern- ment. Owns and operates the electric lighting, power and street railway systems in and around Port of Spain. Has exclusive fran- chise for 30 years, from 1902, in Port of Spain and suburbs within 5 miles, to acquire and construct electric lines and works, and to gen- erate and supply electric energy for all public and private purposes. At end of 30 years the government may purchase at arbitration value, otherwise the franchise is ipso facto extended for 20 years and so for successive 20-year periods. Annual meeting in June. CaPITAL STOCK, authorized $1,200,000, issued $1,164,000. Funpep Derst.—First mortgage 5 p. c. bonds, issued $720,000; dated June 1, 1901, due June i, 1931; denom. £100 or $480, coupon; int. payable June and Dec. 1 at National Trust Co., Montreal, trustee. Debenture 7 p. c. notes, outstanding $50,000. OPpERATION.—Year ended Dec. 31, IgIl. IgI2. 1913. Gross revenue from passengers......... $116,625 $119,168 $121,967 He us “light and power.... 98,813 99,862 99,511 a ae “« all other sources... 6,838 5,518 3,737 Total gross revenue............ 000008. 222,276 224,548 225,215 Total operating expenses.............4. 108,62 115,956 126,869 Net revenue’ + sss 05 steacsencenas seule ne See 113,655 108,592 98,346 Interest on funded debt............ 36,000 36,000 36,000 Net divisible income..............0.... 77,655 72,592 62,346 DIVA EN Sis aks accia ordre mcs eegeree Nise stn Ee 43,650 43,650 58,200 ! DAFECOLS” FEES: alain dots wae oo dees beak meu I,150 Surplus for year ow. concen see eew eee. 34,005 28,942 2,996 Surplus from previous year............ 152,064 158,151 168,543 Total surplus account.................. 158,15I 168,543 171,539 FINANCIAL STATEMENT.—Dated Dec. 31, 1913. ASSETS. LIABILITIES. Property and plant... ..$2,053,679 Capital stock.......... $1,164,000 Accounts receivable.... 20,947' Funded debt....... ... 770,000 Supplies on hand...... 19,537 Bills payable.......... 8,000 CAS cen cau eRe FOS Y ¥ 17,407 Accounts payable...... 8,088 Other assents..... J 28,741 Other liabilities........ 18,684 Surplus account....... 171,539 Total.-os.434 ade $2,140,311 TOtals ec cicvteaenens tbe $2,140,311 TRACK AND EQUIPMEN?T.— Miles of track (electric), 14; 24 cars. OFFICERS.—Pres. R. E. Harris, Halifax, N. S.; V. Pres. Wm: Gordon-Gordon, Port of Spain; Sec. & Treas. F. H. Oxley, Halifax, N.S.; Audr. T. L. E. Piers, Halifax, N. S.; Pur. Agt. Electrical Engin- eering & Purchasing Co., 115 Broadway, New York City; Gen. Mgr. S. D. Harding, Port of Spain. DrirEecTors.—William B. Ross, Wm, Gordon-Gordon, Charles Archibald, R. E. Harris, H. M. Bradford, W. D. Ross, T.G. McMullen. , GENERAL OFFICE, cor. Park and Frederick Sts.; Canadian office, Halifax, N. S.; power station and repair shops, Port of Spain. McGRAW ELECTRIC RAILWAY MANUAL 849 Street and Interurban Railway Associations Alabama Light & Traction Association. President, R. L. Ellis, Selma Lighting Co., Selma. Vice-President, T. K. Jackson, Mobile Electric Co., Mobile, Ala. Secretary and Treasurer, H. O. Hanson, Mobile Gas Co., Mobile. _Executive Committee: A. H. Ford, Birmingham Railway, Light & Power Co., Birmingham; C. C. Henderson, Henderson Light & Power Co., Greenville, Ala.; C. E. White, Montgomery Light & Water Power Co., Montgomery; R. L. Rand, Anniston Electric & Gas Co., Anniston; A. R. Smith, Demopolis Electric Light & Power Co., Demopolis, Ala. American Electric Railway Association. President, Chas. N. Black, V. Pres. & Gen. Mgr. United Rail- roads of San Francisco, San Francisco, Cal. tst Vice-President, C. Loomis Allen, V. Pres. Syracuse & Subur- ban Railroad Co., Syracuse, N. Y. ed Vice-President, Chas. L. Henry, Pres. & Gen. Mgr. Indian- apolis & Cincinnati Traction Co., Indianapolis, Ind. 3d Vice-President, John A. Beeler, V. Pres. & Gen. Mgr. Denver City Tramway Co., Denver, Colo. 4th Vice-President, L. S. Storrs, New Haven, Conn. Secretary and Treasurer, E. B. Burritt, United Engineering Societies Building, 29 West 39th St., New York City. Executive Committee : The President, Vice-Presidents of the Asso- ciation, Past Presidents of the Street & Interurban Railway Associa- tion and American Electric Railway Association, and M. W. Glover, Pres. Accountants’ Association, Mobile, Ala.; J. H. Hanna, Pres. Engineering Association, Washington, D. C.. W. F. Weh, Pres. Claims Association, Cleveland, O.; D. A. Hegarty, Pres. Transpor- tation and Traffic Association, New Orleans, La. American Electric Railway Transportation and Traffic Association. Acting President, M. C. Brush, 2d V. Pres. Boston Elevated Railway Co., Boston, Mass. ad Vice-President, H. A. Nicholl, Gen. Mgr. Union Traction Co. of Indiana, Anderson, Ind. 3d Vice-President, L. C. Bradley, Asst. Dist. Mgr. Stone and Webster properties, Texas district, Dallas, Tex. Secretary and Treasurer, E. B. Burritt, 29 West 39th St., New York City. Executive Committee: The Officers and R. E. Danforth, Gen. Mgr. Public Service Ry. Co., Newark, N. J.; J. K. Choate, V. Pres. J. G. White Management Corpn., New York, N.Y.; Bruce Cameron, Supt. Transp. United Rys. Co. of St. Louis, St. Louis, Mo.; C. B. Wells, Supt. Transp., The Denver City Tramway Co., Denver, Col. American Electric Railway Manufacturers’ Association. Président, Cornell S. Hawley, Pres. Laconia Car Co., Boston, Mass. Vice-President, Charles R. Ellicott, Asst. Eastern Mgr. West- inghouse Traction Brake Co., New York, N. Y. Vice-President, S. K. Colby, V. Pres. Allen & Peck, Inc., Baltimore, Md. Vice-President, Edwin H. Baker, 2d V. Pres. Galena Signal Oil Co., New York, N. Ae a) Vice-President, W. L. Conwell, V. Pres. Transportation Utilities Co., New York, N. Y. / : Secretary-Treasurer, H. G. McConnaughy, Mgr. Dearborn Chemi- cal Co., New York, N. Y. haere eh Executive Committee: President, Vice-Presidents an : : ftsenek. Jr., Pres. U. S. Metal & Mfg. Co., New York, N. Y.; C. J. Mayer, Pres. Electric Service Supplies Co., Philadelphia, Pa.; Chas. C. Peirce Mgr. Ry. Dept. General Electric Co., Boston, Mass.; D.W. Smith, Pres. The Peter Smith Heater Co., Detroit, Mich.; Bertram Berry, Mgr. Sales, Haywood Bros. and Wakefield Co., New York, N.Y : Henry C. Evans, Agt. Lorain Steel Co., New York, N. Y.; James H. McGraw, Pres. McGraw Publishing Co., Inc., New York, N. Y.. F. A. Elmquist, Ry. Rep. Sherwin-Williams Co., New York, N. y: Thomas Farmer, Jr., V. Pres. Consolidated Car-Heating Co., New York, N. Y.; Thomas Finigan, V. Pres. Pierson, Roeding & Co., San Francisco, Cal. American Electric Railway Engineering Association. President, J. H. Hanna, Ch. Engr. Capital Traction Co., Wash- ington, D. C. Ist Vice-President, L. P. Crecelius, Elec, Engr. The Cleveland Railway Co., Cleveland, O. 2d Vice-President, John Lindall, Supt. Rolling Stock and Shops, Boston Elevated Railway Co., Boston, Mass. 3d Vice-President, B. F. Wood, Asst. Engr. Motive Power Dept., Pennsylvania Railroad Co., Altoona, Pa. Secretary-Treasurer, E. B. Burritt, 29 West York, N. Y. Executive Committee: The Officers and H. F. Merker, Engr. Maintenance of Way, East St. Louis and Surburban Ry. Co., East St. Louis, Ill.; F. R. Phillips, Supt. of Equip. Pittsburg Railways Co., Pittsburg, Pa.; J. P. Barnes, Gen. Mgr. Syracuse and Surburban Railroad Co., Syracuse, N. Y.; Norman Litchfield, Engr. Car Equip., Interborough Rapid Transit Co., New York, N. Y, 39th St., New American Electric Railway Accountants’ Association. President, M. W. Glover, Sec. & Audr. Mobile Light & Railroad Co., Mobile, Ala. 1st Vice-President, T. P. Kilfoyle, Audr. The Cleveland Ry. Co., Cleveland, O. 2d Vice-President, A. H. Kayser, Gen. Audr. San Diego Electric Ry. Co., San Diego, Cal. 3d Vice-President, C. S. Mitchell, Controller Pittsburg Rys. Co., Pittsburg, Pa. Secretary-Treasurer, Matthew R. Boylan, Gen. Audr. Public Service Railway Co., Newark, N. J. : Executive Committee: The Officers and W. G. Nicholson, Audr. Omaha and Council Bluffs St. Ry. Co., Omaha, Neb.; Walter Shroyer, Audr. Union Traction Co. of Indiana, Anderson, Ind.; H. D. Vickers, Audr. Roanoke Ry. and Elec. Co., Roanoke, Va.; Herbert A. Gid- ney, Audr. Barre and Montpelier Traction Co., Boston, Mass. American Electric Railway Claims Association. President, W. F. Weh, The Cleveland Railway Co., Cleveland, O. ist Vice-President, W. Tichenor, Terre Haute, Indianapolis & Eastern Traction Co., Indianapolis, Ind. 2d Vice-President, George Carson, Puget Sound Traction, Light & Power Co., Seattle, Wash. 3d Vice-President, R. E. MacDougall, New York State Railways, Rochester, N. Y. Secretary-Treasurer, B. B. Davis, Columbus Railway & Light Co., Columbus, O. Executive Committee: President, Vice-Presidents and P. C. Nickel, New York Railways Co., New York, N. Y.; F. J. Whitehead, Washington Railway and Elec. Co., Washington, D. C.; S. B. Hare, Altoona and Logan Valley Elec. Ry. Co., Altoona, Pa.; C. B. Proc- tor, Memphis Street Ry. Co., Memphis, Tenn. Arkansas Association of Public Utilities Operators. President, J. Walter Gilette, Gen. Mgr. & Treas. Fort Smith Light and Traction Co., Fort Smith, Ark. rst Vice-President, Edw. C. Bellamy, Sec., Treas. & Mgr. Mam- moth Springs Electric Light & Power Co., Mammoth Springs, Ark. 2d Vice-President, Chas. M. Richards, Mgr. & Supt. Municipal Water & Light Plant, Hope, Ark. 3d Vice-President, A. E. Main, Supt. Electric Dept. Citizens Co., Electric Hot Springs, Ark. Secretary and Treasurer, W. J. Tharp, Audr. Little Rock Ry. & Electric Co., Little Rock, Ark. Executive Committee: W. H. Walkup, Batesville; S. C. Dowell, Walnut Ridge; S. C. Sterns, Little Rock, Ark.; B. C. Fowles, Pine Bluff; Mrs. LaSalle Stoops, Stuttgart; C. J. Griffith, Little Rock, Ark.; W. L. Wood, Texarkana, Ark.; L. S. Hunt, St. Louis, Mo.; A. E. Main, Hot Springs, Ark. Canadian Electric Railway Association. President, Patrick Dubee, Sec.-Treas. Montreal Tramways Co. Vice-President, C. B. King, Mgr. London Street Railway Co. 350 McGRAW ELECTRIC RAILWAY MANUAL Secretary-Treasurer, Acton Burrows, Mng. Direc. Cunadian Rail- way and Marine World, 70 Bond St., Toronto, Canada. Assistant Secretary, Aubrey Acton Burrows, Business Mer. Canadian Railway and Marine World, 70 Bond St., Toronto, Canada. Executive Committee: The President, Vice-President and James Anderson, Mgr. Sandwich, Windsor & Amherstburg Railway Co.; E. P. Coleman, Gen. Mgr. Dominion Power & Transmission Co.; A. Eastman, V. P. & Gen. Mgr. Windsor, Essex & Lake Shore Rapid Ry. Co.; James D. Fraser, Sec.-Treas. Ottawa Electric Railway Co.; H. M. Hopper, Gen. Mgr. & Pur. Agt. St. John Railway Co.; Wilson Phillips, Supt. Winnipeg Electric Railway Co. Central Electric Railway Accountants’ Association. President, L. T. Hixson, Audr. The Terre Haute, Indianapolis & Eastern Traction Co., Indianapolis, Ind. ist Vice-President, H. B. Cavanaugh, Audr. The Cleveland, Southwestern and Columbus Ry. Co., Cleveland. O. _2d Vice-President, J. B. Hooper, Audr. Freight Receipts Detroit United Ry. Co., Detroit, Mich. Secretary, F. T. Loftus, Audr. Indianapolis & Cincinnati Trac- tion Co., Rushville, Ind. Treasurer, A. L. Neereamer, Sec.-Treas. Central Electric Rail- way Association, Indianapolis, Ind. Executive Committee: The Officers and C. B. Kleinhans, Audr. Toledo & Indiana R. R. Co., Toledo, O.; T. P. Kilfoyle, Audr. Cleveland Ry., Cleveland, O.; F. K. Young, Audr. Scioto Valley Traction Co., Columbus, O.; C. B. Baker, Audr. Toledo, Bowling Green and Southern Traction Co., Findlay, O.; J. N. Tabb, Treas. Parkersburg, Marietta and Interurban Ry. Co., Parkersburg, W. Va. Central Electric Railway Association. President, E. F. Schneider, Gen. Mgr. Cleveland, Southwestern & Columbus Ry. Co., Cleveland, Ohio. ist Vice-President, C. L. Henry, Pres. Indianapolis & Cincinnati Traction Co., Indianapolis, Ind. 2nd Vice-President, A. Benham, Gen. Mgr. Ohio Electric Rail- way, Springfield, O. Secretary-Treasurer, A. L. Neereamer, 308 Traction Terminal Bldg., Indianapolis, Ind. Executive Committee: H. A. Nicholl, Gen. Mgr. Union Traction Co. of Indiana; W.S. Whitney, Gen. Pass. & Frt. Agt., Ohio Electric Ry.; C.N. Wilcoxon, Gen. Mgr. Chicago, Lake Shore & So. Bend Ry.; E. B. Peck V. Pres. Terre Haute, Indianapolis & Eastern Trac- tion Co.; R. A. Crume, Gen. Mgr. Dayton & Troy Electric Ry.; F. W. Coen, Gen. Mgr. Lake Shore Electric Ry.; L. T. Hixson, Pres. Cen- tral Electric Railway Accountants’ Association; S. D. Hutchins, Rep- resentative Westinghouse Traction Brake Co., Columbus, Ohio; J. F. Keys, Gen. Pass. Agt. Detroit, Monroe & Toledo Short Line Ry.; F. D. Carpenter, Gen. Mgr. Western Ohio R. R.; W. H. Bloss, Rep- resentative Ohio Brass Co., Indianapolis, Ind. Central Electric Traffic Association. Chairman, A. L. Neereamer, 308 Traction Terminal Bldg., Indian- apolis, Ind. Colorado Electric Light, Power & Railway Association. President, W. C. Sterne, V. Pres. & Gen. Mgr. Summit County Power Co., Denver, Colo. Vice-President, W. F. Raber, Gen. Mgr. of the Arkansas Valley Ry. Light & Power Co., Pueblo, Colo. Secretary and Treasurer, Thomas F. Kennedy, The Denver Gas & Electric Light Co., Denver, Colo. Executive Committee: The Officers and J. F. Dostal, The Colorado Springs Light, Heat & Power Co., Colorado Springs, Colo.; H. U. Wallace, The Northern Colorado Power Co., Boulder, Colo.; Wm. E. Robertson, Leadville Light & Power Co., Leadville, Colo. Gas, Electric & Street Railway Association of Oklahoma. President, F. E. Bowman, V. Pres., Treas. & Mgr. Ada Elec. & Gas Co., Ada. ist Vice-Pres, Lincoln Beerbower, Mgr. Enid Elec. & Gas Co. 2d Vice-Presidnt, Geo. W. Knox, 2d V. Pres. & Gen. Mgr. Okla- homa Ry. Co. Secretary and Treasurer, H. V. Bozell, Director School of Elec- trical Engineering, University of Oklahoma, Norman. Directors (Ex-officio), F. E. Bowman, L. Beerbower, Geo. W. Knox; (terms expire 1914), C. S. Dawley, Mgr. Okmulgee Ice & Light Co.; W. H. Bagley, Mgr. Osage & Okladoma Co.; Tulsa; (terms ex- pire 1915), H. S. Cooper, Supt. Municipal Light Plant, Weatherford; R. D. Long, Mgr. Muskogee Electric Traction Co. Illinois Electric Railways Association. President, Britton I. Budd, Pres. Chicago Elevated Railways. Ist Vice-President, F. E. Fisher, Gen. Supt. Chicago, Ottawa & Peoria Railway Co., Ottawa, Ill. 2nd Vice-President, J. R. Blackhall, Gen. Mgr. Chicago & Joliet Electric Ry. Co., Joliet, Ill. Secretary and Treasurer, W. V. Griffin, Sec. & Treas. Chicago Elevated Rys., Chicago., Ill. Executive Committee: Marshall E. Sampsell, Chairman; E. C. Faber, H. E. Chubbuck, Peoria, Ill.; W. C. Sparks, Rockford, Il.; L. C. Haynes, East St. Louis, Ill.; Frank J. Baker, Chicago, III. Iowa Street & Interurban Railway Association. President, C. D. Cass, Gen. Mgr. Waterloo, Cedar Falls & Northern Ry., Waterloo, Ia. Vice-President, C. F. Hewitt, V. Pres. & Gen. Mgr. Des Moines City Ry. Co., Des Moines, Ia. Secretary and Treasurer, H. E. Weeks, Sec. The Tri-City Ry. & Lt. Co., Davenport, Ia. Board of Directors: The President, Vice-President, Secretary and Treasurer, and J. F. Porter, Pres. The Tri-City Ry. & Lt. Co., Davenport, Ia.; F. J. Hanlon, Gen. Mgr. Mason City & Clear Lake R. R. Co., Mason City, Ia. Kansas Gas, Water, Electric Light & Street Railway Association. President, L. O. Ripley, Wichita, Kan. Ist Vice-President, A. L. Newman, Arkansas City, Kan. 2d Vice-President, J. H. Rathert, Junction City, Kan. 3d Vice-President, A. H. Purdy, Topeka, Kan. Secretary and Treasurer, Ivor Thomas, Wichita, Kan. Executive Committee: B. F. Eyer, Manhattan, Kan.; W. Patton, Topeka, Kan.; C. L. Brown, Abilene, Kan.; J. D. Nicholson, New- ton, Kan.; W. E. Sweezey, Junction City, Kan. Massachusetts Street Railway Association. President, H. H. Crapo, New Bedford, Mass. tst Vice-President, W. W. Sargent, Fitchburg, Mass. 2d Vice-President, D. A. Belden, Haverhill, Mass. Secretary, Charles S. Clark, 70 Kilby St., Boston, Mass. Treasurer, F. H. Smith, Quincy, Mass. Counsel, Bentley W. Warren. Executive Committee: The President, Vice-Presidents, and Fran- cis H. Dewey, Worcester, Mass.; P. F. Sullivan, Lowell, Mass.; J. T. Harmer, Springfield, Mass.; J. L. Richards, Newtonville, Mass.; Robt. S. Goff, Boston, Mass. Mississippi Electrical Association. President, W. F. Gorenflo, Gulfport. Vice-President, A. H. Jones, McComb. Secretary and Treasurer, F. J. Duffy, Natchez. Missouri Electric, Gas, Street Railway & Water Works Association. President, A. C. Einstein, St. Louis, Mo. Vice-President, Geo. E. Hayler, Joplin, Mo. Secretary and Treasurer, F. D. Beardslee, St. Louis, Mo. Executive Committee: F. E. Murray, Louisiana; S. W. Hender- son, Excelsior Springs; J. P. Woodfill, Aurora; Herman Spochrer, Hugo Wurdack, St. Louis. Finance Committee: R. J. Irvine, Marshall, Mo.;H. D. Hibbeller, Washington; A. A. Tibbe. New England Street Railway Club. President, E. S. Wilde, New Bedford, Mass. Vice-Presidents, Harry B. Ivers, Portland, Me.; J. Brodie Smith, Manchester, N. H.; F..C.Wilkinson, St. Albans, Vt.; W. W. Sargent, Fitchburg, Mass.; D. F. Sherman, Providence, R. I.; W. S. Mur- ray, New Haven, Conn. Secretary, H. A. Faulkner, 309 Washington St., Boston, Mass. Treasurer, E. P. Shaw, Jr., South Framingham, Mass. Executive Committee: Franklin Woodman, Haverhill, Mass. Thomas Lees, Lowell, Mass.; A. E. Paddock, Providence, R.I.; C. s. Hawley, Carl P. Dennett, Geo. C. Ewing, Boston, Mass.; E. J. Dick- son, Springfield, Mass. Finance Committee: Elton S. Wilde, New Bedford, Mass.; C. E. Learned, Robert E. Hamilton, Boston, Mass. Publication Committee: Geo. W. Knowlton, F. J. Stone, M. C. Brush, Boston, Mass. McGRAW ELECTRIC RAILWAY MANUAL New York Electric Railway Association. President, Frank Hedley, New York, N. Y. tst Vice-President, James F. Hamilton, Albany, N. Y. 2d Vice-President, Stuart Wilder, Mt. Vernon, N. Y. a Secretary-Treasurer, Chas. C. Dietz, 239 West 39th St., New York ity. Executive Committee: The Officers and James P. Barnes, Syra- cuse; John J. Dempsey, Brooklyn, N. Y.; S. Walter Mower, Coopers- town, N. Y.; Wilbur C,. Fisk, New York, N. Y. Pacific Claim Agents’ Association. President, J. H. Handlon, United Railroads of San Francisco, Cal.: San Francisco, Cal. Ist Vice-President, Thomas G. Aston, Washington Water Power Co., Spokane, Wash. 2d Vice-President, A. M. Lee, Northern Pacific Railway Co., Seattle, Wash. 3d Vice-President, G. N. Smith, Oregon-Washington R. R. & Nav. Co., Portland, Ore. Secretary and Treasurer, E. H. Odell, Seattle, Wash. Executive Committee: H. G. Winsor, Tacoma Railway & Power Co., Tacoma, Wash.; H. R. Relf, Spokane, Portland & Seattle R. R. Co., Portland, Ore.; T. A. Cole, Los Angeles Railway Corpora- tion, Los Angeles, Cal.; S. A. Bishop, Pacific Electric Co., Los Angeles, Cal.; A. E. Beck, British Columbia Electric Ry. Co., Ltd., Vancouver, B. C ; W. H. Moore, San Diego Electric Railway Co., San Diego, Cal. Pacifie Coast Electric Railway Association. President, F. W. Hild, Gen. Mgr. Portland Railway, Light & Power Co., Portland, Ore. ist Vice-President, T. T. C. Gregory, Pres. Vallejo (Cal.) & Northern Ry. 2d Vice-President, A. W. Leonard, V. Pres. & Gen. Mgr. Puget Sound Traction, Light & Power Co., Seattle, Wash. Secretary, H. C. Hazzard, Morgan Building, Portland, Ore. Treasurer, Norman Logan, Sec. & Treas, Northern Electric Ry. Co., San Francisco, Cal. Executive Committee: President, Vice-Presidents and W. E. Dunn, V. Pres. Los Angeles Ry.; Paul Shoup. Pres. Pacific Electric Ry.. Los Angeles, Cal.; Charles N. Black, V. Pres. & Gen. Mgr. United Railroads of San Francisco; D. L. Huntington, Pres. Wash- ington Water Power Co., Spokane, Wash.; Guy W. Talbot, Pres. Pacific Power & Light Co. Portland, Ore.; W. R. Alberger, V. Pres. San Francisco-Oakland Terminal Rys., Oakland, Cal. Pennsylvania Street Railway Association. President, C. L. S. Tingley, American Railways Co., Phila- delphia, Pa. Vice-President, W. A. Rigg, Philadelphia, Pa. Secretary & Treasurer, Henry M. Stine, Harrisburg, Pa. Executive Committee: The President, Vice-President, T. B. Donnelly, Claim Agt. West Penn Railways Co., Connellsville, Pa. ; Frank B. Musser, Harrisburg Rys. Co., Harrisburg, Pa.; H. J. Crowley, American Railways Co., Philadelphia, Pa.; W. B. Rock- well, Eastern Pennsylvania Railways Co., Pottsville, Pa. 351 Southwestern Electrical & Gas Association. President, G. H. Clifford, Ft. Worth, Tex. 1st Vice-President, D. G. Fisher, Dallas, Tex. 2d Vice-President, W. L. Wood, Jr., Texarkana, Tex. 3d Vice-President, C. W. Kellogg, Jr., Beaumont, Tex. Secretary, H. S. Cooper, 405-406 Slaughter Bldg., Dallas, Tex. Treasurer, Jas. B. Walker, Dallas, Tex. Executive Committee: President, Vice-Presidents, Secretary, and F. M. Lege, Jr.. Galveston, Tex.; W. B. Tuttle, San Antonio, Tex.; David Daly, Houston, Tex.; F. J. Storm, Amarillo, Tex.; F. R Slatér, Dallas, Tex. Finance Committee: J. P. Griffin, Dallas, Tex.; H. S. Potter, El Paso, Tex. P. L. King, San Antonio, Tex. Tramways & Light Railways’ Association of Great Britain. President, Rt. Hon. Viscount Chilston. Secretary, A. DeTurckheim. Chairman of Council, Hon. Arthur Stanley, M. P. Offices, Caxton House, Westminster, London, S. W. Meetings are held monthly in London. Union Internationale de Tramways et de Chemins de fer d’interet local. President, Constantin de Burlet, Inspecteur Général des Gonts et Chaussées, Brussels. Vice-Presidents, H. Géron, Meinber of the Council ‘‘ Compagnie Génerale de Chemins de fer Secondaires,” Brussels; Gustav Kohler, Geheimer Regierungsrat, Member of the Council ‘‘Grosse Berliner Strassenbahn,” Berlin. Secretary, Henri Camp, 23 rued’Arlon, Brussels. Executive Committee: The officers and A. Bertini, Gen. Mgr. Sociéta Générale Italiana Edison di Elettricita, Milan; M. Hah- ner. Mgr. Compagnie des Tramways de Strasbourg, Strasbourg; J. Kessels, Mgr. Société générale de Chemins de fer econo- miques, Brussels; A. Mariage, Gen. Mgr. Compagnie Générale des Omnibus, Paris; J. H. Nieszen, Mgr. Amsterdam Municipal Tram- ways, Amsterdam; G. Pavie, Mgr. Compagnie Générale, Frangaise de Tramways, Paris; F. Poetz, Gen. Mgr. Hamburg Tramways Company, Hamburg; C. Thonet, Mgr. Société anonyme _d’Entreprise générale de Travaux, Liege; E. von Pirch, Gen. Mgr. Electric Tramway Com- pany of Barmen-Elberfeld, Barmen; Ch. Rochat, Gen. Mgr. Com- pagnie Genevoise des Tramways électriques, Geneva. Wisconsin Electrical Association. President, P. H. Korst, Sec. & Mgr. Janesville Elec. Co., Janes- ville, Wis. ist Vice-President, M. C. Ewing, Treas. & Mgr. Wausau Street R. R. Co., Wausau, Wis. 2d Vice-President, W. E. Haseltine, Sec. & Treas. Ripon Light & Water Co., Ripon, Wis. 3d Vice-President, B. F. Lyons, Gen. Mgr. Beloit Water, Gas & Elec. Co., Beloit, Wis. Secretary-Treasurer, George Allison, Stephenson Bldg., Milwau- kee, Wis. Executive Committee: Secretary-Treasurer. The President, Vice-Presidents and The biggest thing in the Electrical Industry is its progressiveness. Machinery, methods and materials. attain higher standards year after year. -Efficiency today is mediocrity tomorrow. Progress permeates the field and the man interested in this progress, and who wishes to keep informed, must follow every advance step through reading the pub- lication closest to every branch of the field. It is important that he select a publication which is, without quibble or question, the very first in authority. x Electrical World has been in the van of progress for forty years— leading, advising, admonishing, guiding. Every im- portant step in electrical progress from the circuits of the seventies to the 150,000 volt transmission line of today has been foreshadowed, analyzed, digested, discussed and recorded in its columns. It is more than merely a publication. It is an institution—a force—a creator of better business for everybody in the industry. Make it a point to read it regularly. McGraw Publishing Co., Inc. 239 West Thirty-ninth Street New York Electric Railway Journal Electrical World Engineering Record Metallurgical & Chemical Engineeriug ee uncegt ae are RSP each Set wine, eH ee Set oad ea Gh ere Deke: arts ‘ Rane