The Washington times., 1901-11-04
surp. res. sl9,4S2SOo s5,s5olOo 'sssS $50
.Deticit under legal reserye.

surp. res. S1o,4S2,s 500 s5,950,lOO "sSSS $50
Deficit under legal reserve.
In the current week Of 1900 cash hold
lnGs decreased SiS5, 500; loans decreased
Sl,O043DG; surplus reserve decreased SS1, ,l25.
IN 1883 cash holdings decreased SASS, 700;
loans decreased $4,000; surplus reserve
decreased S33i6,Sl5. In lS9S cash holdings
decreased $5,l99,20J; loans increased SIl,-
6l2,5@; surplus reserve decreased $I,O6S. 500.
The loss in cash reported some
what exaggerates the facts, pre-
cisely as they were understated IN
the average statement week
ago. on the face of the bank returns,
cash holdings decreased $3,30O,OQ0 Some
thing like this had been generally looked
for, however; so that it was again the
loan account on which the markets at
teltion COnversed. Increase in loans
was very large, the s7,30JOO0 expansion
having been equaled in only three or
four weeks of the present year Still, Il
II lighter by some three millions than a
week ago, when the ten-million-dollar
In the five past weeks this loan account
has increased $1,000 COO. It is not without
interest, by way Of illustrating the re-
m2rkaDle volume of credits shifted lately
from Europe to New York. to notice that,
in the same five weeks of 1900 loans were
decreased $-4.O50.O09, and that they were
reduced nearly S2a,00C91 in 1899. Tie re-
dDCtlon of Si25eDJ in the surplus caused
by the weeks decrease of resources and
increase Of liabilities, still leaves that ac-
count well above the surplus Of this date
in the two last years. 1t is somewhat be-
low the average November surplus in
earlier years, however.
1t is to be noted that the operation Of
the Washington Southern Railway with
the Richmond, Fredericksburg and Po-
tomac, offers complete example of the
@Enp On tYe Of sB Btfgrest gss Plan S9ms
columns heretofore.
The operation Of the Washington South
ern. Pennsylvania Railroad branch
from the south end Of Long Bridge across
the Potomac 10 Quantico, Va. thir-
ty-two miles, formerly operated by the
Philadelphia. Wilmington and Baltimore,
has been turned over to the Richmond.
Fredericksburg and Potomac Railroad,
and with that road VIII be managed by
the new Richmond and Washington Rail
road, under an agreement between the
Pennsylvania, Southern, Atlantic Coast
Line, Seaboard Air Line, Chesapeake and
Ohio, and the Baltimore and Ohio. Each
of these six roads has a joint interest
in the continuous line between Washing
ton and Richmond. each company having
equal rights in the operation Of trains
over the line between Washington and
Richmond.
The report of the Pennsylvania Rail-
way for September makes an excellent
showing. The company reports for its
Eastern lines directly operated an in
crease of s5sS. 800 in gross and 1862, 200 in
net receipts for September, and an in
crease of 81, sic, 200 in gross, and So 800, 300
in net for the nine months, as below:
Gross earn. 81, ,927 4S9 S7.2ss. .539 ssGi4. .429
oper. exp. 4.7i4,l2s 4,41I42S 4,265,72s
Metz. ;s,1S8,8n *2s21,m s2,S7s.71
For nine months:
Gross earn. SOS 76S 1Os SCI PSI 800 So 46I, sos
Oper. exp. 44,754.4s9 42li0,599 57,457,099
Net........ s2i.ol3,eo7 s2O11, 800 $500, ,47
Gross and net earnings Of the Pennsyl:
vanias Eastern lines in September. and
for the nine months in earlier years fol-
low:
-september.- Nine mouth
1898. ;5,79OIS9 2,222, III s4s.6SsS06 s14721G07
lSy7. 5,S59G3 214g.glI 467SS sos l4.TaOS57
1885, 5,t76339 lsOi,611 46,O5os7O l2,71,13
Lines west Of Pittsburg. directly oper-
ated show changes for September and the
nine months as follows:
Sept, 1901. Jan. /, 1901
Gross earn. Inc. .$s65,00 Inc. 50, 81. 100
ENpenses...... Inc. 1920 Inc. 1,i6l,5JJ
Net.......... Inc. .$371.sO0 Inc. 81. 07o.5o0
Changes reported in the same periods
a year ago over 1900 receipts were as be-
From
Sept, 1900 Jan. /. 1890.
Gross earn. Dec. $4,000 Inc. SO, ,230, 200
Oper. exp. Dec. l3Il0O Inc ,7O9, 400
Net exp, Dec. .Sl529J0 Inc. $52l, 300
The annual report Of the MINNEAPOLIS
and st. Louis Is an interesting document
The road is a small one. operating only
652 miles Of track, but its position is an
important one and its securities are fire.
quently spoken of IN the street for this
good reason. From a leTgth Of go miles
In 1896, earning s2,028 600 gross revenue