42

Mr. KE. A. Drake,

PANAMA RAIL ROAD COMPANY.

PANAMA RAIL ROAD COMPANY.

ACCOUNTING DEPARTMENT.

en York, N. Y., November 1, 1917.

Vick-PRESIDENT, PANAMA RaiL RoapD Co.,

New York, N. Y.

DEAR Str—I herewith submit Exhibits of Income Account, General
Balance Sheet and tables showing results of operations for the fiscal
year ending June 30, 1917, as follows:

ASA mOm OOM mW >

—

Income Account and Profit and Loss Account.
General Balance Sheet.

. Investment Securities Owned.

Revenue and Expenses. |
Expenditures for Additions and Betterments.
Equipment and Plant Replacement Accounts.
Rail Road Freight Statistics.

Rail Road Passenger Statistics.

Rail Road General Statistics.

Steamship Line Statistics.

Locomotive and Car Equipment.

Chart showing Organization.

Yours respectfully,

V. M. NEWTON,
: | Audttor.