, 1874-03-14
Annual Report of the Ponnsy1-
vnni;l Rni1rOnd.
The Net Earnings Of the Main Line
Were $9, ,445, ,703.
Statement of the Condition o: tho
Leased Lines.
The Clinton, Gilman & spr'nafIeld-.-Rcceiycr
Htncktoy's Report

years ago, for the purpose Of paying endowmentt
to the widows and orphnna OF deceased members
hold it's fourth annual convention last Tuoaaay
ut Cleveland, o.
from tic following railroads were present Chi
cago, Burlington Il Quincy Lako Shore Il Mich
ignn Southern; Western Division of tho Great
Western Dispatch Empire Line; Columbus,
Cincinnati l. Indianapolis 1.ailroad South Shore
Line; Azlantlo & Great Western; New York
Central; Chicago i Alton; Cleveland l. Pitts
burgh: Nashville j. Groat Southern; Toledo,
Wabash = Western; Chicago, Rock island i
Pacific; Vandalia Line Milwaukee, i st. Paul.
THE ANNUAL Address.
Mr. A. D. Roid, tho PRESIDENT Of tho Associa-
tion, In Ills annual address, said that tho orga,,i
2ation was in o very ilourIshing condition, mud
management: mann Is tho object of tito Association
was mutual benoAt to its members ut tho low
est possible cost to oach, the salary for Secretary
should DO reduced to 81 ,000 ycar, which was .
falr md just compensation for tho duties Of tint
olco.
Delays lad occurred in tho aajuatmouto Of some
lossca, through tho fault of tho party milking up
plication for membership not distinctly stating
tue full name Of tho party to whom the LOSS was
ep tst~" tiny my ymoths1 m's In my yutro. s'sn saoa
application should specify tho full nnme of tho
person for whose benefit tho party hccamo a
member OF the Association. 1le also suggested
now change in tho by-awH, TINT any cost to
tho Association arising from any suit TO eBtab-
liBh claims shall be tletnotod from tho amount
to be paid tho beneficiary. There had boan
neither nn increase nor decrease in tho nunl-
ber Of mcmbers.
COMMITTEE ON REVISION.
The following committee WIS appointed to
roviao tho constitution aud bylaws: G. 1.
Rising, Of tue Chicago t. Alton Railroud; J. II.
Wood Of tho Chicago, Burlington s. Quincy
Railroud; e. D. parker, Of tho Lake Shore /
Michigan Southern 1sailroad; A. L. Fonts, OF
tho Atlantic Il Great Western Railroad nni I.
hI. Wtitlock, Of tho Cleveland & Pittsburgh HAIL
road.
The Secretary and Treas.,rer'a report 10 as
follows:
70 tot.i cash ba!nnce March TO- 1879. 0804.39
10 total cash received the aat ycnr. A0D03.0U
10 interest OH deposits during tss year...... 55020
Total $500
IS eash 1,ar state,nent Of sesIctary. 2'o&io
BY cash on hand. II, ,792.29
Total .s5o ssa.y9
The Executive Committee wasroluced In nan-
ses from uine to two members.
OFFICERS ELEcfED.
Tho election of officerB resulted ~ follows:
presidont, A. D. Reid, Chicago Vice President,
R. II. Hill, Cleveland Boatd Of Directors r. @,
Hatch aud .. y. parkor, Chicago, J. Farnsworth,
u.I. Fonts, .. =; Whitman, and 2. AZ. Whit
ocl, Cleveland, Robert Emmett, indianapolis,
R. $. skinno, Burlington, George Hancock, Do
rot, Robert Allen, Rochester, @. A. Lucas,
Lafayette.
On motion, it was decided that every railroad
nr division Of railroad havo representative, to
90 elected by the members Of tile division, and,
IN caso they fnil to elect one in thirty days, tue
5ecretary to appoint representative.
NEXT.
The next Convention will meet ut Iudianapo-
lis, on the second Wednesday IN March, 1876.
At meeting OF tho Board Of Directors. held Mt
the cloao of tho Convention, 1Ir. James Il, Wood
of Chicago, was cectel Secretary, and u. @.
Hatch, Of Chicago, Treasurer, for the ensuing
year.
THE PENNSYLVANIA RAILROAD
COMPANY.
At tho annual meeting Of tho Pennsylvania
nallroad Company, held at Philadelphia March
10, hr. J. Edgar ThompRoa submitted the twc1,-
ty-sevonth annual report, which contains somo
worry valuable aud interesting information.
TIE RECEIPTS.
Tho rovan uea Of tile Company from its sog-
eral Investments show surplus not profit for
tho year from the naln line hotweon pLiladcl-
phia and Pittsburgh, after meoting operating
expansca interest, taxes, and two somi-annual
dividends at the rata of 10 por cont per aunum
of Sc, ,198, 7o7.14, which amount ia largely in cx-
GERS Of any deficiency that emu occur IN tho op-
orations Of its leased lines nnd on account Of
guarantees.
The revenues and expenses of the main line
hetwecn philadelphia and Pittsburgh during
1878 were as follows:
AEogtpTs.
From passengers. .........s ,t41.07
From emfgtals paBHengcrs.. ?3u,ss9.4a
From mails. R............... lh3,!RT.aO
From cxIlrcsz uattcr. ...... 45U,N 10
From general fretglts. ..... 10,G03,555.07
From lnIscellnleola SOURCES, 2G9, ,aa3 IT
------fa4 $3.50, 90
ExpENags.
For conducting transporta-
llon, h,ht4 .l4u.h4
For motive power. ......... 1, ,2213, ,h3OSJ
For maintenance uf cars... 1,03B,ND5.
Tor maintenance 0f E0al... 3,9iGHf3Gl
For 9oporal expGnAes....... 31V,7Od.T3
---s15, ,440, ,3o5.lo
Leaving net ealnings In 1878. .... IS g,ifb IN
The net earnings for 1872 wore 1927, ,U52,18,
whch shows an incroase in 1878 OF 81, ,l97 u51 49,
THE LEASED L1NEB.
Tho earnings Of tho United 1lailroaits of Nav
Jersey and brauciscs and the phiInslel,hia l.
1lcnton nailroad, IN all ZIG miles, wore, la 1878,
ss5,5tG, 730.03, and the expenses during tho Hamo
period Of time were 2G7D2 05, leaving net