REPORT OF THE PANAMA RAILROAD COMPANY. OL

Less—Continued.

Subsidy to Republic of Colombia (pledged to March 27, 1908), applied to—
Interest on Subsidy Bonds—

340 bonds, July 1 to October 31, 1907............-.-.- -c2-- $0, 800. 00
135 bonds, November 1, 1906, to June 30, 1907..-....-..... 5, 400. 00
12. 200. 00
Redemptionsof subsidy Dondse10 46 20 ee ee 154,675.00 —
. Soe OL Ob: 875: 00
TNTBEREST ON: IOAN 65 ieee itn ee ee ety a ce este Os caine pat a eer ast an 79, 002. 85
RENTAD- OF: DOCKS: AND» MACHINE, SHOPS 552 se ees aes 26, 901. 36
$521, 535. 23
Net Income for twelve months................-....- Prop O Lt sas eae tae Manisa une 1, 028, 856. 72

——————

PROFIT AND LOSS ACCOUNT.

By. palance to-credit of prontand. loss; dune sO; 190s ee ee ee, oe es 6, 281, 330. 76
Surplus from income account for twelve months ending June 30, 1908..................-- 1, 028, 856. 72
First mortgage 44 per cent twenty-year sinking fund gold bonds, redeemed.............. 140, 000. 00
Old accountsicollected. 4-222 ee gee te I OU Chea enor Riera AL HS MEQ Roma Neca rs 949.74

7, 451, 137. 22

Less:

Premiums on bonds and expenses in connection with redemption of first-
MOLtEAge DONS se eS a te oe es Oe see ara ene na Oe Noes @ ek apace $101, 938. 47
A CCOUDUS WEIULCN: 01k 2:2 6 era Os A a re es ec eee oi 47. A

101, 985. 87
By balance to credit of profit and loss, June 30, 1908....... Gg ein en Bence mee Co yes 7, 349, 151. 35