The sun., 1916-11-15

and future working capital. 1855, $50
$40. 743 $50
A.. n resui, Of paying M the receivers
certificates and the collateral secured loans
there VIII he released to the new COMPANY
approximately s:G. 900. 900 first and refund
ing bonds. besides other bonds which viii
become available for 'utute improvements.
From this i?s.ooo,oo the plan contem-
face amount Of the FIRST and refunding bonds.
so That the new company viii be In posi-
ton to meet the si:.5oo.ooo first gold mort
gage IS, maturing July. 1917. without re.
sorting to the cash raised from the sale OF
preferred stock to the ckholders.
The plan leaves uudiSturbcd s257,i3S.3 asa
or secured Obligations and equipment trusts.
and through the exchange. OF debenturcs
into preferred stock and the payment %
various obligations the fixed charges viii
I've reduced from tl2.277,0sj To si0.022.G9S
Fixed charge obligations now outsttnd
ing asgregste s2?3.si6.3s3. as against
s.5'1Ss.3s3 under the plan The total
amount OF stock now outstanding Is ga
9Ss.'2e.5+. as against Sl?i.io3.sii.So under
Tho proportion ~ stock 70 nxcd charge
obligations Is :3le per cent. willie under
me plan II II tslt per cent. tho difference
the debenture. into preferred stock and tho
for cash.
The cash requirement, Of the reorgan,z,.
,ion have been fully provided for by agree
ment between the Joint reorganization
committee and spcyer & Co. and Hayden.
WI W.
ALABAMA, GREAT sOrTHERN-Reports
sr"ss earnings i.r nrst week Of November
i:ss. 400 NV
CHICAGO. BURLINGTON & orINcY-Re.
ports to !. {. &. for Sept Gross earnings
.,ruct si,oiS.i'o. dec. Ss,oSs: maint. equip,
u %@. 3N Inc siae, 800 transportation se,i3S,
$50. inc $50, $50 net after taxes n.S.i ia, Inc
1921. 161. For three months ended Sept. Gross
earning. So, ,sS 7s6. inc. S. go Is inniut. way
.nd strnct s3.a:t ~, dec, s',tl2 rnain,. equip
1856 SIG, inc %siAs.si7 transportation. STE.
s., s23. iio.
C~lNcINNATI. NEW ORLEANS & TEXAS
ASirluMnn" ,@r gross "".n'nss for nf'' NECK |;
81. i5a. soi. inc, ss,s, eo:.
CHICAGO x NORTHWESTERN Reports to
',C for sept eros. earnings. 81 80. es
inc. t%e. ,5e maint. way and struct. 81. l6s. st3,
ass ;rsn:por,si.a". ss%'ssIy,ai; inc ,iias.S, net ne,
months ended sept, 90 eros. earnings sea.
35:els; inc. s3,sl;,5?l maint. way and struct,
s, q '"'' 49, ~, d DE-. ;s,ss %:,%., egssill,s g ''l' ; .s.'
81. 1I 2.6; net after taxes S,SN.3'3. Inc,
CHICAGO. MILWAUKEE & ST. PAuI-.Re
s sS'i IL, z inc. NJ s 40 SSr' way "5"i and ir srra"l
81, iss. los. inc. ses5. M maint. equip. 81, 6is 80,
,% . ssI sI,.r 'T Tssc. E',..'s,i. '; dss. So .si! NC 500 cr
three months ended sent 90; Gross earning,
s.. .., ssi; inc 'aess ~ maint way and
;%;, ,'ais' So i"s. IS, s.ss SIS, '' ,;s".rcr' "'io., . sHa:y
inc. secs. os7.
CHICAGO; ST PAUL. cMSNEAroL,s :
and struc,. .sss 500. inc. Sizes m.irt. cqnip
IS q me-, Alter taxes ss7s..as. Inc sasii.7 Isl
For three months ended Sept Gross earnings
s! 90, sss. inc ss,t ass m.'nt, way ,s snd "a, s'ra ,rt
ssn, gs transportation si.s07. 800. Inc. S25S. 10
net after taxes i.s22, a2l. Inc. Sis, iss.
DETROIT. TOLEDO & IRONToN Gros
net after taxes s5i, go, Inc. sl1,s2c, For three
months ended September 10. gross So. s3s. inc
siis, 800; net after taxes slis,o5i, inc. sei.4ee.
DULUTH. SOUTH SHORE 4 ATLANTIC
Gross earnings for sentcmher saas, s7s, inc. 81.
5s net after taxes SIS. i3, For three month
ended September 80, gross 81 .o4a. ssi. inc, sos.
4A net after taxes 1851, al. inc. leo.
GALVESTON, HAnRIsBrRG 4 sAN An
rst" after taxes VS.. Isl. inc, ss5s.Ss' For Tire,
,nS' cs snssa net ss'' after taxes Z, 't sl'si.'ts. ' inc
ts4s.s 7s,
SOUTHERN 4 FLORIDA-Re
ports gross earnings for frst week Of Novem
s s;,, 81 0'7' inc "'"%' from July l $40 S''' inc
GRAND RAPIDS 4 INDIANA. {. c: hs
ures show gross earnings for september $3.50.
27s. Inc. S+9, sl5: net after taxes sios So. dec
Sit,is5. For three months ended September 30
gross 81, s35. sA, Inc. 6.s67; net after taxc
SAT-, 1871. inc. ei0,97,
MOBILE & OWO-Reports gross ~carninss 70
Nrst week Of November S229. tgs. dec. S.l. 6te
from July l, s+.2i5, 33i. inc. si61,9i7.
SOUTHERN RAILWAY Reports gross earn
ings for hrst week Of November 1857, 99S, inc
seoo, 100; from July l " gu os. inc. t.2i7.7H
The entire Southern Railway system report
gross earnings for first week Of November 81.
ESQ, $50. inc. SCI, $50; from July l 81, SO, ,ss
inc. Si,45l. $50.