[665] Quotations of securities:
| Jan. 2, 1903 | Jan. 2, 1904 | Jan. 2, 1905 | ||
|---|---|---|---|---|
| Rk. I. Co. common stock | 49 | 22¾ | 36¼ | |
| Rk. I. Co. preferred stock | 83½ | 61 | 84 | |
| C., R. I. & P. R. R. Co. 4 per cent bonds | 87⅜ | 66¾ | 81⅝ |
[666] Chron. 75:212, 1902.
[667] Ry. Age, 34:301, 1902.
[668] R. R. Gaz. 34:750, 1902.
[669] Previous to this the stockholders of the Chicago, Rock Island & Pacific Railroad Company had approved the deal, had authorized the new bonds of 1913, and had voted to increase the capital stock of their company $20,000,000, which increase was turned into the treasury of the Rock Island Company of New Jersey, in return for an equal amount of this latter company’s stock. It is worth noting that the purchase was to be made by Railroad Company and not by Rock Island Company bonds, although the desire of the management was ultimately to see the indebtedness of all subsidiary roads replaced by Rock Island Company bonds.
[670] Ry. Rev. 43:408, 1903.
[671] Chron. 76:1192, 1903.
[672] Ry. Age, 36:1, 1903.
[673] Ry. Age, 37:1153, 1904.