| March 1898, No. 1 | The Railway and Shipping World (Toronto) | Page 18, col. 1 |
Traffic & finance.
...
The accounts of the Buffalo & Lake Huron Ry. Co. for the half year ended December 31, show a disposable balance, after providing for interest on the bonded debt, of £14,210, which admits of the payment of a dividend of 5s 3d. a share, leaving £425 undivided. This line is eased in perpetuity to the Grand Trunk for a rental of £70,000 a year. The annual dividends for the past 31 years have been the same, 5s. 3d. a share. The £10 shares are quoted at 13-1/2 to 14, & the 1st. & 2nd. mortgage 5-1/2 per cent. bonds, both of which are irredeemable, at 142 to 145.
Railways: G.T.Ry.