AS OF DECEMBER 31, 1927
 

LIABILITIES

Common capital stock and scrip........................................................................         $39,995,385.00

Preferred capital stock and scrip........................................................................            5,242,938.75

Stocks held to redeem outstanding securities of predecessor companies........                 11,626.25

$45,249,950.00

New York & Jersey R. R. Co. 1st mortgage 5% bonds....................................          $5,000,000.00

First lien and refunding mortgage 5% bonds....................................................           37,521,233.66

Adjustment income mortgage 5% bonds............................................................           33,102,000.00

First mortgage 4^% bonds................................................................................               944,000.00

76,567,233.66

Real estate mortgage..................................................................................................................................             75,000.00

Operating reserves......................................................................................................................................            934,534.52

Working Liabilities

Accrued interest, rents and taxes, not yet due................................................           $1,231,400.39

Accounts payable....................................................................................................               304,967.23

Matured interest payable......................................................................................                 31,548.79

Interest on adjustment income bonds, 2j^% declared February 9, 1928,

payable April 1, 1928....................................................................................               827,550.00

Preferred dividends payable................................................................................               137,601.52

Common dividends payable..................................................................................                   7,497.60

2,540,565.53

Items in suspense—Net............................................................................................................................              19,440.57

Profit and loss. Surplus............................................................................................................................         6,166,824.24

TOTAL LIABILITIES..................................................................................................................    $131,553,548.52