The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-03-10
NEWS
FROM ALL POINTS,.
Some Remarkable Figures Taken
From the Annual Report of
the Pennsylvania.
TWO NEW BRIDGES FOR B. & o.
Commissioner Reagan of Texas
Scores the Maximum Rate Bill
New Haven-Butler Line
General Notes.

A m of the annual report OF the
Pennsylvania Railroad has already been
published in The Republic. and now comes
the full report in pamphlet form. which IS
4 remarkable document from a railroad
standpoint.
The Pennsylvania lines. with 5 per cent
of the railway mileage of the United States,
carry II per cent of the freight business OF
the country, ana there Is no large system
on which earnings are so large a per cent
on the capital. During the year 1900. on the
Pennsylvania road East, were carried u.s.
Si7. Sis tons of freight, Al ,922, 519 passengers.
With an increase of but ten tons in the
freight trainload, the company gained 80
cents in the freight train mile revenue. ow-
ing to the higher average ton per mile rev.
enue resulting from the reclassification Of
freight and the advance in coal rates. The
gross earnings on all lines east and west
of Pittsburg for the year 1900 were $lt2,S2t,-
1878; operating expenses. Sis, So, 1880; net
earnings, S5i,C.5, GJ6.iS and increase in gross
earnings compared with 1899 of S20,I5 $500.
and an increase in net earnings of $685.
S4i.75 On lines east and west of Pittsburg
there were 2l5. 999, 15S tons of freight moved,
an increase over 1899 of 5.S9S. los tons: NUM-
Der of passengers carried on East and west
lines. S2,4S1, 24, an increase of 5,11S, 1874 over
1899.
The report says that 6 per cent second
mortgage bonds of the Indianapolis AMI Vim
cennes Railroad Company for $4,000:
which matured May l, 1900, were purchased
by the company interested and temporarily
extended to 49, per cent, pending a merger
of the road on q proper basis with other
lines in the Western system. The CONSOLE
dated mortgage bonds of the Pittsburg,
Cincinnati and St. Louis Railway Company.
which matured August l, 1890. were provided
for through the issue of 3la per cent bonds.
series E. under the consolidated mortgage
of the Pittsburg. Cincinnati, Chicago and
st. Louis Railway Company, outstanding at
that date, amounting to SS4,6S7, 900. The re-
port says the pension department. which
has been in operation for a year, has fully
met the purposes of its establishment. The
membership of the employees voluntary re-
lief fund of the lines east of Pittsburg con-
tinues to increase and aggregated 5l.52s at
the close of the year.
The chief engineers report shows that be-
tween Jersey City and Pittsburg. 40 miles.
81 miles of four tracks are in use. During
the year a four-track, stone-arched fridge.
$3.50 feet in length, over the Susquehanna
River, was completed. President Cassatt
says that on the main line the time has
arrived when 1t is necessary to push forward
vigorously the completion of the four-track
system. Cons> arable expenditure. will also
be acquired fL additional terminal facilities
at various points and for real estate. power
and equipment on both Eastern and Vest
ern lines. No allusion Is made to the reia-
lions of the Pennsylvania lines to the Van
DALAI, now in the hands of Receiver Malott.
The gross earnings Of the Pennsylvania
lines west of Pittsburg were 49, l .525.2s: OPP
Grating expenses. $50 05 96S.6s: net earnings,
81 4g1 5oS. 20.