Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-03-01


of Pittsburgh was ~. GA tons.
GENERAL REMARKS
There has has been paid the Managers Of the Trust
shs sa 81 FL the nsse Si 1
amounts to S3.6O9. 5SL IL and securities have been
an ,nteres Of Sos per cent for the year there Wa.
to that Trust for the year 1891 the sum
In pursuance of the powers conferred by the pro-
visions of the Trust the Managers authorized by
their Judgment it should be TO the interests Of the
Company SO to do: TO EXCHANGE any Of the securities
held from time TO time in the Trust for other secur
tiles the principal and interest or dividend upou
ims to to Hs and aoss
held in the Trust provided that the
suaranteed as aforesaid Sy tins Gompsny' III,
odihcs.ion was found essential to the successful
by it were falling due and the moneys received there.
for had necessarily to be invested IN other guaranteed
The assets Of the In,u,snes Fund on hand at the
There was contri6uted e the Employes Relief Fund
y y9SG COMPANY and animated lines during shs .eaI
thereto the sum OF gu, o6l 20 for ext benefits &c
oTsr 81 s weets and Who %ere Sefe
longer eutitled TO regular BENEFITS FROM the Fund
DO o. and the receipts from interest we're e. si g.
which, with the contributions by the companies a.
the year. si44. 5sss5. aevrseated s79I. 54asy OF
in death benefits and 70. sickness and accid. the
sum Sa s ~ 81 S r, 70 al s,sn
standing claims The number Of persons iece:yins
Of 6srs GO N ot
Fund at the close Of the year The great beneft,
now Including the expenses Of the demonstration,
distributing nearly $50 600 per month for the purpose
cdent. sickness. and desth among the employees who
have awaited themselves Of its provisions
vsne to Your employees in sffordns them safe drpos
tory for portion OF tLer earnings. The number Of
g. Is: the amount Of deposits received during isai
Was AND he sS.nss a. tbs Clos 81
securely invested in four per cent bonds.
Main tnS Between New TorF and 9n s sns
charged TO Capital Account. Is. Oi4 $50 Os the
saSr ass 81 IG S.rS third
cipally at Altoona and Walls. rhe improvements at
and in with vicinity
Of Pttsburgh have tended materially to remove the
difficulties heretofore existing an tine movement Of
traffic through that city.
sy the q has
passenger. postal, and 800 freight cars. addi-
All new frrIg Il cars are provided with the most
improved safety app ances in the way OF automatic
will be so equipped rapidly as the general
of the Company VIII l-rinit. ARRANGEMENTS were
box were furnished for service the IbiIadel
phia and Erie Railroad. for the purpose Of stEu
the movement grain and merchandise between Erie
and Philadelphia With the view Of further develop
Ss e ses for sse
iron ore and coal at that port and IL is hoped that ad
interested in the commercial prosperity OF tins city
The Trenton Cutoff alluded TO last annual re-
tSsreof for bous n s
but tho entire line was not in until january
the line was constructed under the charter of your
company. all but sl0o. 600 Of the smonnt expended
Of the Main Line Your Board see no reason to
tse vSns q roaa hs ana .sn
taken TO connect 1t with the Chestnut hi Branch.
it is believed that such an extension viii be to the
There was also expended in the construction Of
OF 8acs we're 81 Il
your Company N. eSsn ons 81 shs prnsgs items
and Charleston hsiiwsy IN Which Your Coppanyi Sc
local traffic. but also to secure the prompt movement
OF through traffic between the Main Line and the Lines
The MrKeesport and Bessemer Railroad was com.
Your Of lines 9rect
the large manufacturing industries town OF Nc
keesport, and will prove valuable addition to your
The Ebensbury and Cresson Railroad. having been
merged and eonsOiidsted INTO the Cambria and cssr
the thereto IN sks
Mountain coal held: quite large amount wss eK-
nam line aud brsnehes which are To-
valuable bitumnous coal and mAscsllaneou, trafhc
The total amount expended for the above pu rpo.es
on the lines east Of Pittsburgh and Erie shown in
WHICH was no, as isrss ..pendsS IN s SO To-
similar purposes. During the coming year however
is expected that the OUTLAWS Of Pittsburgh and
boieved that the throukh business Of your Com
pany would require material increase Of box-car
sSerso IN Se spns Of TSs d ,op sss
tor the lines west Of Pittsburgh will be ma.eria ly
greater, as those properties have reached . point
outlays for double rack and Increased ca ussipent
sold under foreclosure Of its morissee. on Msrch
2oh. 1891. was reorysniIed under the title Of the
The fr.ntiosd and Holp..Ourx R.sirO.a. which had
gnsr the title , g the Bu.tssoa kairosd Company.
" he e. made y
passenger station in Jersey City. These trscss are
now in use. avoiding all grade crossings Of sfrer.s in
present year, when both the public spd the Compsny
should realize the benefits resulting ruen ts
in the prompt and safe movement the large passs.
The work Of completing the four-trxck srstem
through the city Of Trenton which cecsssitst I'd tse
q .s =. 81 Ss .ass 81 .ss
been vigorously rosecuted and viii Be finished dur
In order TO ave unnecessary accounting and i'm
specton In connecttcn with the freight Cd upnent Of
your system and secure It's efRc.ent n,ovemept
xaxS: s ss s,ns
cost Of OF all such rolling stock on your
own ana .ml,sssd iinss east and west OF Pitts6ug
age Of the equipment thereou Whils Il NAV n<rsaps
b nscsss.y hssssise. 70 modify soms q ths Asssis
tsm WIN uliimatey ecndncs 70 The scoponscsi sssuits
~ the m.intsnancs Of yoar squipn,spt
assssS Ssss isiirsss WA - s1a ~ y;