This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ...adjustments, etc., with sums approximating (net) the total of these charges. COST OF NEW YORK TUNNEL AND TERMINALS. The total amount carried on the Pennsylvania R. R. balance sheet on December 31, 1911, on account of the New York Tunnel Extension was $57,461,420. Of this amount $57,461,419 represented the book value of a Certificate of Indebtedness for $84,861,420 issued to the New York Tunnel and Terminal R. R. Co. The balance ($1.00) represented the book value of the $15,000,000 stock of the Tunnel Co. owned by the Pennsylvania R. R. The balance of the Tunnel Co.'s stock ($10,000,000) is owned by the Pennsylvania Co. The total cost. to December 31, 1911, of the Tunnel Extension, including real estate not permanently required for its use, amounted to $114,861,420, of which $47,400,000 was charged against Income or the Profit and Loss of the Pennsylvania R. R. and $10,000,000 was charged against the Profit and Loss Account of the Pennsylvania Co. The New York Tunnel Extension, which was begun in 1903, was finally completed and placed in operation on November 27, 1910. OTHER COMPANIES IN WHICH PENNSYLVANIA R. R. IS INTERESTED. The Pennsylvania R. R. owned on December 31, 1911, directly or indirectly, a majority of the capital stock of the Philadelphia, Baltimore & Washington R. R., Northern Central Ry. (to be leased; see that company), Pittsburgh, Cincinnati, Chicago & St. Louis Ry., Long Island R. R., Cumberland Valley R. R., and West Jersey & Seashore R. R. and all the stock of the Pennsylvania Co. These roads are operated independently. See those companies and see last following. In addition to the above, the Pennsylvania R. R. owned on December 31, 1911, $2,492,750 of $2,500,000 stock of the New York, Philadelphia...