New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-14
Total Issue Ten Million Dollars.

n,-.ynsd offer for subscription 50, $50 900 of the
bonds at O per and accrued interest to date OF
navment to be paid for or before July 10Th.
the remainder OF the total Issue OF eh
Ronds are secured by deed of trust dated June LIST
1888 from the Pennsylvania Railroad Company to the Provb
Amt Life ana Company OF Philadelphia uansierng
and pIedgag to said Trust Company Mortgage Bonds Oh
n, snbsd,ary Railroad Companies Of the par and APP
od vaIue OF $4,000 which the annual interest
| AMOUNT S611,OOU
bee collateral securities be exchanged for other So
entities Of equal market value not less an tho APPRAISED
| vaue of the securities Withdrawn.
The Pennsylvania Railroad Company states the iono"lhs
| in letter to US dated March 80, 1880;
| "The capital stock OF the Pennsylvania
"Railroad Company December 81, 1884,
"yas S0h'F,o"V
"The Bonded Debt OF the Pennsylvania Rail-
..rosd Company. December 81, 1884. In
mc,udine mortgages and ground rents on
"reaI estate payable also trust certificates
.du. representing purchase Of Ph1a-
"depha wilmin gton and Baltimore Rail-
road Company stock against which are
held stocks and bonds OF other companies
"ofa par value Of sl2s.O5s0i6 costing
s6G 5ls eI&,1V|,B<o
"The net earnings Of the Pennsylvania RAIL
mad Company in 1884. s1iS61,045
"Ita earnlnzs investments In los4,
"weTe. o'V'o'S|'
s1S,7I7,4I0
"Its interest on ia bondes debt and other
ahorgcs were. ....................... 0,125,i2G
s9591.e83
AGAINST which was deducted for sundry
s1.5907sO
~Leaving balance to credit OF income &C
aoount FOR Is-t........................ sS,O0f213
1Te following IA a statement Of the net earnings and fixed
"charges in 1885, OF companies whose bonds are
deposited with the Providont Life and Trust Company OF
Pbuadelpbia A. Trustee for Collateral Trust Bonds
issued by the Pennsylvania Railroad Company.
Net Earnings. Fixed Charges
doducting including
Interest Interest
for Funded
Equipment. Debt.
Belvidero Delaware. Railroad
| Co c4N&,oOO b-lNosV
| North and West Branch Rail
" road Co ........................ 26i,j75 10000
| Pitsburg Virginia and Charles
g ton railroad Co ................ 10o,sso 10000
Southwest Penns yl7ania Rail
ROAD co.......................... 33a,6n 10000
western Pennsylvania Rail
| " road G.. 4g0,o<S EobbOV
Tyrone aud ClearneM Rail
Toal Co ACKNOWLEDGEMENTS lii,AVO ODuOu
pennsylvania schuylk valley r. r. Co.. not penod
"ti laio In 1891.
The bonds 81 900 each md 70 bearer with provision
FOR registration az 10 the principal option o. the holder
Interest anl principal payable IN Philadelphia IN gold
coin tho Railroad Company agreeing TO
pay tho state and United states
The Of trust provides FOR sinking fuDd Of onehaf
DIR cent semiannnsly which be invested In the Bonds
provided they be bought or under par
and accrued interest
The Bonds not subject 20 drawing compulsory
demption before maturity.
The subscription will be opened at 10 O'Clock on Thursday
May Is. and be closed without notice at any
| time thereafter.
Copies Of the deoI OF trust can inspected Office
An issue Of these Bonds made London By Mcsrs
speyer Brothers.