EXHIBIT Mo.
 

AS OF DECEMBER 31, 1931
 

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

Less reacquired and held in Treasury.................................1,800,000.00             3,200,000.00

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

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

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

74,767,233.66

Real estate mortgage..........................................................................................                                              50,000.00

Operating reserves..................................................................................................                                            631,866.11

Working Liabilities

Accrued interest, rents and taxes, not yet due................................................           $   974,211.31

Accounts payable....................................................................................................                388,866.62

Matured interest payable......................................................................................                 51,183.79

Interest on adjustment income bonds, 2j/2% declared January 28, 1932,

payable April 1, 1932.................................................................................                827,550.00

Preferred dividends payable................................................................................                139,536.72

Common dividends payable..................................................................................                 32,183.07

2,413,531.51

Items in suspense—Net........................................................................................                                              34,028.99

Profit and loss. Surplus........................................................................................                                         7,160,001.66

TOTAL LIABILITIES..............................................................................                                    $130,306,611.93