Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-03-05

gage Of the Company. 1924. $50 were set apart on
as sinking fund for the redemption Of the i out
standing bonds secured by that mortgage. None Of
applicable could be purchased under the terms Of
the Trust, and the amount placed to the credit
the mortgage. There 81 1876 346 80 in securities
bonds.
tion Of the Trust certificates issued for the pur-
chase Of the shares of the capital stock Of the
Company purchased $4,000 of these certificates
during the past year The total amount so pur-
s., 2ss, 900. leaving outstanding s7,7oe. 600
ton The trustees ts Of the sinking fund for the Iedemp
Trust Loan were not able to obtain any Of these
securities during the year at the limit fixed in the
December s1st, 1891. is 81. 800, OOO '-'-'s
Under the provisions Of the four per cent Equip
1 ment Trust Gold Loan. there was paid to the
trustee during 1884 for the sinking fund, the sum
Of $13665O. The trustee was able to obtain but
$1,000 Of the bonds At the price fixed in the lease
snce, $126.65O. has been invested In additional
FUNDED DEBT
Six per cent: loans Of the United New Jersey
Railroad and Canal Company. amounting to S.
1s 1884, Ike amount Of their four @I per cent
Snds y years from Sase and secured
to hs ps
to tie remaining interests in piers 5, !. and On
Of the four cent. loan Of 81 co., created in
1898 for the purpose Of acquiring these piers,
The amount Of funded debt. including mortgages
On re estate $40 and "a @ do at the close Of
S259. II, accounted for as follows:-
Real estate bonds disposed of. 1925 600 90
Total. :.....: ...............s 1855 ,59s II
trust gold bonds redsemed. $40, 900 90
Less amount Of Philadelphia,
Wilmington and Baltimore
Railroad stock trust certif-
Gates redeemed ............ $4,000 90
Net increase. .................S 259. 500 II
CAPITAL STOCK.
coy ne amount S Of capital stock Sgstandng at the
ST, $50. due to the conversion Of that amount Of
the scrip dividend declared in May. 1893, but
with this exception. there was increase In your
sEcGRrTIEs 'e OF OTHER M sea CORPORATIONS
items now held by your Company is sis, 1905 SIS S.
The direct revenue received therefrom was a. 619-
due to the generally reduced returns from all
Investments. Notwithstanding this these securi-
and per Of in ss
the interest on your funded debt
No car trust certificates were issued during the
Car-trust system is 81 997
Total amount Of certificates issued
thereior .$3O. 644 900 90
Amount redeemed. Observation-Disclosures. % 6S7, 900 90
Balance of certificates outstanding
December 81, 1884. ................ S6957 600 90
The amount expended for construction and equip
ment on the main line 81, 497, 436. OF and on
leased ard auxiliary lines, Ss92, $780, total of
The work Of extending Broad Street Station.
Philadelphia and of constructing the new building
In connection herewith TO- the general onces Of
the Company, was completed during the year, and
tree onces removed 10 the new location on July
.. 1884 The railway facilities of this station and
the character of the general Office budin: CON
nected Herewith, make 1t Of the largest and
most important terminal stations in this country;
anu tse % provided therein for all
proved of great advantage In the transs cton of its
business, and attest the wisdom of this Improve
ment
The only other items of expenditure on capital
account were for additional freight cars and real
estate.
The principal items of expenditure In the con-
strpetion Of branch and auxiliary lines, in addition
to the bridge across the Delaware River, herein
after referred to- were the completion the Phil
sdsiphia and Delaware County Railroad local line
projected for the development Of the suburban ter
= in tho vicinity of Philadelphia; the con-