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TABLE 103 a: INVESTMENTS OTHER THAN IN OPERATED RAILROAD PROPERTY, OPERATING STEAM RAILROAD CORPORATIONS, JUNE 30, 1915 (continued) The figures given are for the corporation as a whole; they are not segregated according to state lines. The items shown are those included in the Balance Sheet, Table 101, under the head "Investments other than in operated railroad property". Only those corporations are included which report such items as held at any time during the year. The corporations are named in the order of their average revenues from railroad operations during the year ended June 30, 1915; for their names in alphabetic order and their ranking on the basis of railroad operating revenues see

page 11.

Troy and New England Ry. Co. interest.

United Traction Co. principal.

United Traction Co. interest.

Plattsburgh Traction Co. interest.

Schoharie Valley Ry. Co. principal. Schoharie Valley Ry. Co. interest.

Troy and New England Ry. Co. principal.

Wilkes-Barre Connecting R.R. Co. principal..

Chateaugay Ore and Iron Co. principal.
Chateaugay Ore and Iron Co. interest

Northern New York Development Co. principal.

Northern New York Development Co. interest.

Northern Coal and Iron Co. principal.

Total investments in affiliated companies..

Investments in non-affiliated companies:

Non-carrier companies:

Scranton Textile Co.

United States Hotel Co.

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Scranton Pump Co..

Laurel Run Turnpike Co..

Fort William Henry Hotel Co. mtge. 1951 4% J & J. Fort William Henry Hotel Co. income deb. 1945 Dec.

Bluff Point Land Improvement Co. mtge. 1940 4%. Bluff Point Land Improvement Co. income deb. 1945 Dec. Carbondale Gas Co. 1925 5% J & J

Champlain Transportation Co

Albany and Susquehanna R.R. Co. 1st mtge. 1946 34% A & O. Champlain Transportation Co. 1st income deb. 1945 4% Dec. Lake George Steamboat Co. 2nd income deb. 1945 6.4% Dec. Advances to non-affiliated companies: Ticonderoga R.R. Co. principal.

Troy Union R.R. Co. principal.

Total investments in non-affiliated companies..
Recapitulation (respondent's securities excluded):
Sinking funds..

Deposits in lieu of mortgaged property sold.
Miscellaneous physical property
Investments in affiliated companies.
Investments in non-affiliated companies, etc.

City Development Co. common...
Long Island Motor Parkway common.

Long Island Motor Parkway preferred.

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TABLE 103 a: INVESTMENTS OTHER THAN IN OPERATED RAILROAD PROPERTY, OPERATING STEAM RAILROAD CORPORATIONS, JUNE 30, 1915 (concluded) The figures given are for the corporation as a whole; they are not segregated according to state lines. The items shown are those included in the Balance Sheet, Table 101, under the head "Investments other than in operated railroad property Only those corporations are included which report such items as held at any time during the year. page 11. The corporations are named in the order of their average revenues from railroad operations during the year ended June 30, 1915; for their names in alphabetic order and their ranking on the basis of railroad operating revenues see

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Rutland Transit Co. 5 & 6 %

Ogdensburg Terminal Co. 6%.

Total investments in affiliated companies..

Investments in non-affiliated companies: Non-carrier companies:

Champlain Manufacturing Co.

New York City 1962 41% F & A.

Total investments in non-affiliated companies..

Recapitulation (respondent's securities excluded):
Investments in affiliated companies..
Investments in non-affiliated companies, etc.

Totals.

Campbell Hall Connecting R.R. Co.

Pochuck R.R. Co........

Campbell Hall Connecting R.R. Co.

Pochuck R.R. Co. principal.

Campbell Hall Connecting R.R. Co. principal.

Lehigh Valley Transit Co. 2%.

Expenditures under court orders on mine development.

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29b. Buffalo and Susquehanna Ry. (Receiver's operations): Deposits in lieu of mortgaged property sold: Equipment Trust Agreement Series "B": Cash and special deposits.

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Gloversville and Broadalbin R.R. Co.

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Adirondack Lakes Traction Co.

Mountain Lake Electric R.R. Co.

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TABLE 103 b: DIVIDEND INCOME AND INCOME FROM FUNDED SECURITIES, OPERATING STEAM RAILROAD CORPORATIONS, YEAR ENDED JUNE 30, 1915
The figures given are for the corporation as a whole; they are not segregated according to state lines.

Only those corporations are included which report dividend income or income from funded securities during the year.
The corporations are named in the order of their average revenues from railroad operations during the year ended June 30, 1915; for their names in alphabetic order and their ranking on the basis of operating revenues see page 11.

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Dividend income:

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1. Pennsylvania (concluded):

Income from funded securities (concluded):
Pittsburgh, C., C. and St. L. Ry. Co. con. mtge. 1949 33% F & A.
United N.J. R.R. and Canal Co. gen. mtge. 1944 4% M & S.
Western N.Y. and Penna. Ry. Co. gen. mtge. 1943 4% A & O.
Penna. R.R. Water Supply trust certs. 1918-23 4% J & J.
Citizens Water Co. con. mtge. 1941 5% F & A.
Trenton Delaware Bridge Co. 1917 7% J & J.

54,000 5,000,000

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Dollars

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176,000 4,000

200,000 8,800

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Dollars

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280

60 1,005,418 21 1,750 17,800

Total income.

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2. New York Central: 1

15

Dividend income:

Merchants Despatch Transportation Co. com..

United New Jersey R.R. and Canal Co

Vincentown Branch, Burlington County R.R. Co.

West Jersey and Seashore R.R. Co. com

West Jersey and Seashore R.R. Co. spec.

1,350,000 3,150 4,904,700 45,350

135,000 189 245,235 2,721

Mohawk Valley Co. com.

Beech Creek R.R. Co. com.

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Cherry Tree and Dixonville R.R. Co. com.

250,000

5,000

Lake Erie and Pittsburgh R.R. Co. com.

2,150,000

62,708

Erie and Western Transfer Co.

2,999,650

89,989

Lake Erie, Alliance and Western R.R. Co. com.

3,000,000

60,000

Enola Sewerage Co...

25,000

1,000

Mahoning Coal R. R. Co. com

865,900

346,360

Merchants Warehouse Co.

154,500

9,270

Mahoning Coal R.R. Co. pref..

399,500

9,987

Philadelphia, Baltimore and Bryn Mawr Turnpike Co.

8,750

437

Michigan Central R.R. Co. com..

16,819,300

Pittsburgh Joint Stock Yards Co..

1,000,000

Trenton Delaware Bridge Co.

100,000

40,000
4,000

New York State Rys. com. and pref.

Lehigh and Hudson River Ry. Co.

163,200

13,056

Pittsfield and North Adams R.R. Co. com.

New York and Harlem R.R. Co. com. and pref.

6,383,550

13,604,900

72,200

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Norfolk and Western Ry. Co. com.

37,273,400

559,101

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Clearfield Bit. Coal Corp. pur. money mtge. 1951 31% A & O.
Clearfield Bit. Coal Corp. gold bond mtge. 1932 4 % M & N.
Beech Creek R.R. Co. 2nd mtge. 1936 5% J & J.
Beech Creek Extension R.R. Co. con. mtge. 1955 4% A & O.
Cherry Tree and Dixonville R.R. Co. deb. 1916 4% J & D.
Chester and Becket R.R. Co. 1917 5% J & J

Chicago, Kal. and Sag. R.R. Co. 1959 4% J & J.
Cleveland, C., C. and St. L. Ry. Co. gen. 1993 4% J & D.
Cleveland, C., C. and St. L. Ry. Co. gen. 1993 5% J & D
Lake Erie and Pittsburgh R.R. Co. 1st 1961 44% J & D.
Toronto, Hamilton and Buffalo R.R. Co. 2nd 1946 4% J & D.
Toledo Terminal R.R. Co. 1st 1957 44% M & N.

14,994,250

1,539,400

15,000

3,000,000

60,000

9,852,500

497,004

6,065,000

121,300

14,265,000

750,000

300

281,817 22,500 6

135,400

2,994,550

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275,000

4,813

750,000

16,875

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749,713 45,471 900

7,440 180

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