Annual Report ...

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1913 - Railroads
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Page 14 - The respondent brought an action against petitioner in the District Court of the United States, Southern District of New York, to recover the balance of his commission, which resulted in a judgment in his favor.
Page 67 - EXPENSES: Maintenance of Way and Structures Maintenance of Equipment Traffic Expenses Transportation Expenses General Expenses Total RATIO OF EACH CLASS OF EXPENSES TO TOTAL OPERATING REVENUE: Maintenance of Way and Structures Maintenance of Equipment Traffic Expenses Transportation Expenses General Expenses Total 1014. 48 ?<;% 1...
Page 12 - In the case of the pending New York subway financing of $170,000,000 of bonds by Messrs. Morgan & Co. and their associates, Mr. Davison estimated that there were from 100 to 125 such underwriters who were apparently glad to agree that Messrs. Morgan & Co., the First National Bank, and the National City Bank should receive 3 per cent — equal to $5,100,000 — for forming this syndicate, thus relieving themselves from all liability, whilst the underwriters assumed the risk of what the bonds would...
Page 90 - Under the provisions of Section 4, Chapter 519, of the Acts of the General Court of the Commonwealth of Massachusetts, passed at...
Page 28 - Superintendence Ballast Ties Rails Other track material Roadway and track . Removal of snow, sand, and ice...
Page 28 - Buildings, fixtures and grounds Docks and wharves Roadway tools and supplies Injuries to persons Stationery and printing Other expenses Maintaining joint tracks, yards and other facilities — Dr. Maintaining joint tracks, yards and other facilities — Cr.
Page 18 - ... repaid. This rise in the price level must eventually be reckoned with in railroading. For a time its effects may be masked by adventitious increases in the volume of traffic, but this temporary relief in its very nature is uncertain, and sooner or later the difficulty is sure to reappear. For a time it may be circumvented by extraordinary economies,, but in its nature it is inexorable. It must be faced, not trifled with. It is hardly an adequate remedy to accord to carriers relief only when their...
Page 25 - Company to share equally in the net results of the operation of the Boston and Albany Railroad was terminated as of January 31st, 1914. In the final settlement there will be certain increased charges on account of depreciation adjustment on equipment. Your Company has also withdrawn so far as it legally may from the agreement made with the New York Central and Hudson River Railroad Company for the acquisition of a one-half interest in certain equipment provided by the Central Company for use on the...
Page 26 - American experience table of mortality with interest at the rate of four and onehalf per cent, per annum after deducting any indebtedness of the insured on account of any annual or semi-annual or quarterly premium then due.
Page 35 - There is much truth," said the Interstate Commerce Commission in its report of June 20, 1913, on the New England situation, "in the claim of the carriers that they have been so occupied with investigations and so criticized by the public that no fair opportunity has been given for the operation of their railroad properties.

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