ROAD AND EQUIPMENT-INVESTMENT SINCE JUNE 30, 1907.

DISPOSITION OF NET INCOME.

Appropriations of income to sinking and other reserve funds

Dividend appropriations of income.

Income balance transferred to credit of profit and loss...

1,210 20

$259,126 15

$61,252 97

$7,950 71
50.000 00

$57,950 71

$3,302 26

Miscellaneous debits..

$2,618 93

Balance credit (at end of fiscal period) carried to general] balance sheet

14,497 68

Does the respondent own or control any railway securities (stock, funded debt, or miscellaneous) through any intermediary which does not make an annual report to the Commissior?

No.