Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1882-03-15
'AeREAT CORPORATION.
lts Anasal Rspsrt ~ uAai (
csotaiaS.
HISTORY Of It's Growth and Present tmpsr-
tanee-The Coke Sy rdieats-crv~d-
ing the hosmers A New
Scheme.
A CLEVER LETTER FROM BRIAN.

Sasrsni Oo~rcspo.Scsoe d ths R~s,asv.
PIrr>srnGH, March l3-The annual ~
port OF the Pennsylvania Railroad coa-
pany. Just published. is one OF the moss
gratifying ever made by that 1gsniIatioa.
and serves to indicate the material pro
gress the country is making. The nsures
given in the report firmly establish tAc
claims OF the Pennsylvania Company 70 b.
the greatest railroad corporation in tisr
world
The gross earnings OF al the lines
operated during thS year issi. were
S'5,iss.97t; groSs expenses $tS.ss,.7S
showing the net earnings to be over 81.
10000. These figure, include the earnings
Of the Pittsburgh. Fort WAYNE and Chicago.
the Pittsburgh. Cincinnati and St. Louis.
and all other lines west OF Pittsburgh.
operated by the Pennsylvania Company, ~
we'll as those OF the Philadelphia and Erie
and the united railroads OF Jersey. also
operated BY that company. The earning,
Of the
and branches from Pittsburgh 10 rhi,Adet.
phia for iSsi were s.; 900: expenses
}lS, i,iS 46s'. net earning from operating
$l221S5iO To this must b. added G.1sA
62S revenues from cash Investments
making the total net earnings $ls,a0s Isl
II We deduct from this rentals paid branch
roads. interest. State taxes and other ex'
penscs. amounting To S.''0,ils. the net
income Of the main line is shown % b.
$l0.lIi,;I?
OF the company has grown rapidly. ~ Ia.
dicated by the following: During the past
year there wer moved on all lines cast q
rtishurg and Erie - sO6. M tons OF freight,
aud on all lines west OF Pittsburg 2.Nt,.
-. tons. a to,rl Of 5S.5aD,6i6 This equal.
led ~ the n nbcr OF miles carried. 5.UN.'
tS:, ~ tons or one mile. For the year
isSa Ihrrr v.rc carried ~, .oi. ~ tons. Or
$4,000 :ons for one mile.
On all lines east of Pittsburgh AMI Erie.
for the year ISL. there were carried is,-
| nj, tO9 Messengers. aud Oh all lines west of
Pittsburgh ~. 81 $40. total of sl.6si 81.
| equal 10 81 l3l ,t,,S for one mile: and during
| lS,0 there were carried 5.2Ii .0J6 passea
gers. or 7Oi, 81 0,l for one mile. The re-
port says. speaking Of th. cry against eE-
orhirant charges all over the country
Certainly no grave cause oi complaint
can exist on the part ot the oommerr,h
interests served ny your road, when the
| ayerage rate received for the transportation
| of freight on your main line and branches
| ior the year was less than
Eight MILLS Per res Pes Hsse.
| During the past eleven year. the tonnage
| Of the main line and branches has increassSi
over 10 per cent, and the average increase
Of each year over the preceding one has
been over eleven per cent. TIL. report eI-
plains this large increase oi business In
these words: This increase in traffic II
| only secured by accepting the steady
| reduction in rates which seems ~
| I've demanded by the commsrcial u
| trrests of the country" The coatnaCt
| rcceptlv entered into with the XabnUA.
81. Louis and Pacific road by wkieA ~.
| lions oi tLe lines of the keanayivsafa
| company will be used by thai rod. kR
frrred to n follows: THE eoatrnct Was
nade In pursuance OF the policy which
| your manage cmrnt deemed Il wise 10 e.
tablish, that Of permitting the use OF your
| lines by other c"mpanie,' even mou'
Their traihc 10 lafsr ehGnt hiHhl w "n.
| BcIlufs, nm" III pu.,uIh h ,i,na,,
| frnnsyFahi, company n.re h."rw . ~
tenhed 10 the oInet u"nA I,ne
| me u" Oh your "es'e'" roau Mu - NJ
nD'f, n,i.1as,n,w " .S .rr.n..m.n,: ,urh 80.
mn'er .,,s ,i,.
| lions ol 'he'f s!s'en, w tue
h~~ tsrk L~se Ere -"
Railroad Company, ~ II desired to uss fOr
the purpose Of reaching the large commer'
| cial centres Of the West. u Is believed shAs
| the advantage 10 e Obtained ny the CON
mcrcial interest," OF the country and ~
your company from the adoption oi shis
broad principle ~ TIE nanagement o.
| your railways. will more than compensate
for any loss that may occur through tns
diversion oi trhmc tist mIEhi ne o"h'rsS
| ed by more exclusive policy.
IN May last there were allotted 70 tbs
shareholders l18Oi shares OF capital stcs
atpar, X. that the share capital OF the com
pany II now Represented py '''S'eSsnssS
| We are unaocustoned 10 Iook ior suen
| Dgurc, as these any y~here elss 'han IN sW'
eTnment reports ana u seeths s'host 'n,
credible that any company can carry Oh
such IN extensive business.
The Pssss,Issais company ~
| /. an oryaniza,ion .,f gradual growth. -.
| vinning viii, A single road. running fUu
| pIiIadcIpbia 10 this city, il has xrsiunfly
| hi, ,,u,rh ,.ed ,nd icssaJ l,,.nehSD0n(
ILL., ',hn, rp".d. nn,;I ao~ 4, b.. miis~S sS
nvo, ta,, ,Lous.nd mile. r,s,bing slS,ne
| .I, Oh. n,;nc;n,i ri,ie, cs., az the II HioS11vS
and W;s.;..ipni A, ..ch linz ~ e11S6
IL was made pnrt OF the system, ~ a. e
la, grown 10 lis present. cItent slmoos t0p
perccptibIy. Probably the finest ssseu-
| live mind this couptry ever saw wO -
| Of Col. Tbomas A Scott. late presi1oot q
this corporation, TO whose unfihng i1esRs
its present harmonious workings aie -
Most Of the Officials nov employee ~ n.
pennsylvania company nave neen I -
its services, such n weie woftny nsvyx nvyx
promoted To places o. uu,t snd
bility. and they are devoted 70 the ~
Of what they call Our rod.
ming Of the affairs Of the oonpsny -
their complications; Tor thee feseeea =
like machine run b, Perpetusi npe>sn
motor.
e
In my last ] stated, on authofieSy -
Ioscd to he good. the rumor, that 9 IL
cate was forming to control The COZ -
was ials',. @ iaHr oe'e'op."st ,ntasSs~.