The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-10-08
ElcUrrS Taken From thr Annual
Rcrorr 0f the Philadelphia and
Reading Company.
COAL AND IRON INTERESTS
'hoctaw Route Makes a New Traf
hc Arrangement. Which SO
cures More Advantage for
Passenger Trains.

| Philadelphia. oct The Beading Cur,-
| pduN to-ui~hl made public. in aavan"". a.
! annual report wlirn VII hc submitted 20
n" coming annual meeting of stockholders.
The report covers rot only tho Jnl'-- &C.
~" Reading company. hut also tho-c e.
;h" PhiIaGnIphIl aud Beading E..ii,y,v
Company. ard tho rhirdclr'Iil AMI RrsI-
in- coal and Iron Company. OF which -"r-
porations substantially al! the >;oci, .-
owned by tn" Reading COMPANY.
The report covers the year ended .Iruc %
last. and shows that ih. three companies
covered all expenses. Interest and Other
charges. expenditures for icttermHuts E;d
m'tiHJvnTur" of equipment. ard IN addition
left SurI us Of Si.s.',. .Hte The gross i,-
ceiptS wer" &..9ii9;4. jhc expenses. 81 >a7.-
3.-'. and the fixed charges and taxes s.. .Iap.-
"'i. The gross re- vipt> compared with tn
previous year. Increased %tu.a.1et. the ~
p'uScs increased Ss.2ja,Jii. tn" charges n
creased s'6,t9l. ana the surplus jacrcaS'!
$1.:1g2
The anthracite coal tonnage of the year
N's in.".--5'h tons. IG increase Ot lbs ~;
ions and the Luminous tonnage iaaH,-
- tons. 4" lacr,.1s" of 'S'>.g.. tons. The
merchandise tonnage waS li.i:2.riy tons
cosi i'm inc3carsd IL cent. from @ mcrcham Sg lI
disc as per cent and from passengers 100
per cent. The earnings al" the largest iur
some years. During the year there were cN-
penGci S1:7.5-p for n.w tracks and during
I'll" last SIN years Sjj2 lS3 for automlt!c
Signals. Of which $2.4.s54 was during The
last year. During the Year $i2s.i-
MAS expended for bridge renewals,
ard since is'6 for rolling amd fioat-
ing equipments S5.9g;g9o. For the
latter S62a.sG5 WAS contributed by the Read
ing Railway, s. .2H9 80, hy car trusts and
si.t5"HD by the sal" ot securities. The
recently aided equipment is now helns
paid Tor in insta:lments Of $252.ooo scmian-
nuaily. with interest AT per cent annual
iy. until the whole amount of Ni.nH.u % lS CCl-
cred during the fiscal year. and represents
the >2,-a9.Ht above mentioned. as provided
by car trusts. There WAS $1i5Si1 expended
durIHE the year in "quipViuE locomotives
ana cars with automatic C0upi"rs and air
brakes.
The company mined a219 7Gi ton. or coal
during h" year. an Increase Of Lees lb' tons
ana bought li-I.ifi tun=. = decrease Of
t',Hl4 tons. The coal COS, 10 'uiuo and buy
Sl-to.. per ton, an increase nf IS cents nor
debt ot -" coal and iron company vds IL
nUC'd N.",tfn1 during the year.
TIE E'Jtir. I, neral MORTGAGE bond issue
i now Nii.++.v3". having been increased s.
&a4"0 during the year. When the dividend
WIS made IN March last Of ~ pr cent "ii
the iirsJ preferred stock. there was u-I'r
the terms cf tn" mortEag". cents per ton
OF coal mined paid or AZ, cunt of the mort
2ag''. being &;N;.52I ana with this sum Sl!i.-
~ general mortgage bonds Mere bought AMI
C@urelaI.
This sum. with the dividend amoun,n nd to
ss.,s p" ard there remained in tn" cuppJuv's
surplus fund June 80 S222. i'S. Of which the
report says: when IT ia considered that
the &VeTaC" monthly working expenses of
hes comDtni"S in the last fiscal year w"r"
8. .'iti.@.N. This sum. which il about twO-thiTds
~ 'ne months expenses. VIII seem slf-
lJieDtlE small reserve fund