1 Delayed items applying to period prior to receivership (December 13, 1917) received during current year.

Debit.

1 Delayed items applying to period prior to receivership (December 13, 1917) received and disbursed during current year.

d Deficit.

+ Debit.

1 Delayed items applying to period prior to receivership (December 13, 1917) received and disbursed during current year.

d Deficit.

Line between Tiverton & Newport, R. I.,

† Credit.

Bay State St. Ry. Co. 5% serial coupon notes matured Aug. 15, 1918, $57,000, Providence & Taunton St. Ry. Co. 1st mortgage 5% bonds matured Sept. 1, 1918, $150,000,

DESCRIPTION OF SECURITY, ADVANCE, LOAN OR ACCOUNT
SHOWING CHARACTERISTICS OF SUCH SECURITY, ETC., AND NAME OF
CREDITOR OR CLASS OF CREDITORS IN CASE OF OPEN ACCOUNTS.

Massachusetts Electric Companies, demand note,
Old Colony Trust Co., Boston, demand notes,
National Shawmut Bank, Boston, short term notes,
First National Bank, Boston, short term notes,
Merchants National Bank, Boston, short term notes,
Old Colony Trust Co., Boston, short term notes,
American Trust Co., Boston, short term notes,
National Union Bank, Boston, short term notes,
New England Mutual Life Ins. Co., short term notes,
One-year 5% collateral note due Mar. 15, 1918, $850,000,

Amortization of proportion of commission on sales of $850,000 one year collateral
notes due Mar. 15, 1918,

Amount of
Interest
charged to
Income.

$2,682 37

12,219 41

14,802 81

14,438 25

12,661 28

6,006 98

6,006 97

7,420 15

11,966 67

49,229 20

3,541 67

1,282 50

Minor items (4 in number), each less than $1,000,

Interest accrued on overdue State, city and town taxes,

Sundry interest paid on notes of the Quincy Point Co. under a conditional sale agreement for the purchase of a turbine unit,

3,000 00

8,213 76

10,155 47

25 28

United States income tax levied upon bond holders and assumed by respondent,.

942 90

TOTAL,

$2,992 05