The Sunday herald and weekly national intelligencer., 1891-03-08
$22, ,o17.793 %

sl1 425 $3.50 After dsdIgefing from this the
for the year Of So 56 81 Of which there was
ncrease in the amount Of cash distributed to the Share
holders OF $2i4 6S3 as with the year 1852
Ing the amGunts properly to profit t and nd loss
carried to Credit Of ACCOUNT as the
gate at the end of the year. $22. OF. 793. %.
si sP s4 6Pd6 b iSsR
been replaced by stone structures, and the roadway
@ that It the ass U SS po9 g
Rgs Standard Of ecency thus Reached that enabed
your Company to continue the payment of its regular
directly sustained, and the serious interruption to
The cost OF the securities of other corporations now
held BY yonT Il S and l the
which is in Of the interest your funded debt
IS not only by s result but by hs
continued increase of traffic that is thus secured
The magnitude of the Pennsylvania system, and its
growth during the years since the organiza
system is now composed of l20 corporations which,
and earning arm SS fair Terhs on the capital Rvested These
eSna WITH snare and boRded caPa of 5000
OO0,00o which, in 1890, earned more than $133,-
5S6ea Geo2s dSPs
are SO is el2sey Win the
safely be taken index of the general condition Of
It viii be seen from the magnitude Of these interests,
how essential IL Is 81 that strong conservative policy
legislation which would change the relations which
commercial interests of the country should be most
carefully considered before action is taken thereupon.
There has been very large increase in the amount
of traffic moved, as compared with 1889, without
result attributable directly to the reduced rates pre-
yailing during the year as more fully appears by the
TO show that the average rates received for trans
aTe to 6e fler
tanned and the public served in satisfactory manner
In De I'M that
While there & haas very 9egS S 0t I in
spending reduction in passenger rates Although the
reduction IN freight charges has been apparently
of the public for Increased service higher speed and
the comforts 0I ssds@E @ ana a9g cars have
while the of these additional facilities, together
block systems and other appliance,s for Increased
afety sssr edS In the passeS @ whot ii
derng the entire trafc unprohtable. This is shown
freight per ton per mile on your Main Line has been
reduced ia the past twenty years from $40 to about
aedaeed fro from SpI 10 Al 70 Is mills -' "' '0s
The New Jersey Division shows an increased surplus
of net after meeting the obligations connected
Herewith During the past year large expenditures
hoab Iss IN eevsns in the Of PRsd
the fourth track through Trenton, and in securing
additional right of way at various points The largest
ing and rebuilding the tracks and passenger station in
Jersey City ia the oi dpa 1aT ths
convenient thereto. The principal portion of this
Win The Philsdeiphia ana Erie Raroad Shows large
increase in its gross earnings but the exceptonallA
spending increase in its net revenue The property il
ia very satisfactory condition. and should the com
mercial prosperity Of the country continue more Ia
porable results may be antieipated
pal and accrued Interest then due the State Of Pennsyl
ans TogE & fs % n s4s sa s sds @ T.
lie State on account Of this purchase amount 70 S15
5o oa 9f q ese @ 2 5s @ es node
with the Commonwealth for the purchase Of this prop