EXPENDITURES IN 1948 FOR ADDITIONS AND BETTERMENTS
ON LEASED PROPERTY
 

Hudson River bridges at Albany
Improvements on leased piers, New York

Johet and Northern Indiana Railroad

Kalamazoo, Allegan and Grand Rapids Railroad

Lake Erie. Alliance & Wheeling Railroad

Mahoning and Shenango Valley Railway

Mahoning Coal Railroad

Michigan Centra! Railroad

New Jersey Junction Railroad

New York and Hariem Railroad

New York State Realty and Terminal Company property

Shenango Valley Railroad

Troy and Greenbush Railroad

Wallkill Valley Railroad

West Shore Railroad
 

NET INCREASE FOR THE YEAR
 

Brought forward
 

$565,702 09
 


 

53,887 73
 


 

821 89
 


 

18,144 69
 


 

1,941 32'
 


 

103,783 33
 


 

743 14
 


 

30,083 27
 


 

414 65"
 


 

139 82*
 


 

635,987 12
 


 

2,596 39
 


 

13 20*
 


 

5,530 32*
 


 

11,908 27
 


 

390,717 58
 


 

$1,806,336 19
 

EXPENDITURES IN 1948 ON MISCELLANEOUS PHYSICAL PROPERTY
 

Buildings, Toledo, Ohio                                                                                                                                                                        $466,650 20

Building, Cleveland, Ohio                                                                                                                                                                        19,511  80

Biltmore Hotel, 33-55 East 43rd Street, New York, New York                                                                                                               83,169 32

New York Central Building, 230 Park Avenue, New York, New York                                                                                                   14,091  12

Miscellaneous—various locations                                                                                                                                                             22,505 03
 

$605,927 47
 

Land, Varick and Beach Streets, New York, New York
Land and Buildings, Cleveland, Ohio
Land, Holcomb to Caledonia, New York
Commercial tracks and sidings
Special assessments
Miscellaneous—various locations

NET DECREASE FOR THE YEAR

Investment in miscellaneous physical property as of December 31, 1947

TOTAL AS OF DECEMBER 31, 1948
 

$1,002,598 00
 


 

28,762 43
 


 

17,415 38
 


 

34,098 47
 


 

13,513 45
 


 

32,785 84
 

1,129,173 57
 


 

$523,246 10
 


 

51,646,480 99
 


 

$51,123,234 89