davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1903-07-14

sunday Only. -------
BETWEEN SAVANNAH AND TT
Trains arrive 1t and. depart IRON
Tybee depot, Randolph street. foot Of
Standard CsOth ineridian) time, one
hour slower than Savannah city time.
LEAVE SAVANNAH. DIS.
>. Week Days-5:45 am, 900 am, 2:3O .
m, Ais pm. 600 pm, TAO pm. -,
Sundays-7:25 am, 800 am, 11:0O ain;
2:SO pin, AIS pm. 800 PIN. TAO pm:
LEAVE TYBEE. -
Week Days-5:06 am, 700 am, 1855 a
m, 500 pn,- $50 pm, $50 pm. - ~.
Sundays-5:0 am, S:15 am, $3.50 am,
1:5O am, 500 pm. $3.50 pm, 800 pm. =
Daily. Except Sunday. Ssunday
Connections made at terminal POINTS
with. all trains Northwest. West and
Southwest.
"A" Trains leaving Savannah at S:45
a. m: ana arriving Savannah 6:10 b, m.
do not make connection for or from
Augusta on Sundays. ,........
Sleeping cars on night trains between
Savannah and Augusta. Macon, At
lanta, Columbus, Ga, . and Birfntng-
ham, Ala. ..-.
Parior cars on day trains between
Sayannah; Macon and Atlanta. ...,
For complete information, schedules.
rates and connections, apply to
W. G. BREWER, City Ticket and
Passenger Agent. 1o7 Bull, street, OF.
W., r. MCINTYRE; Depot Ticket
Agent. ,-
J. G: HALLE. Gen. Pass. Agent.
F. ]. ROBINSON Asst. Gent Pass.
II. 4. w1NBURN. vice President
and Trafic Manager.
THEO. ID. KLINE, General Supt.
Savannah, Ga.
The Savannah morning news., 1903-07-14

lied. Total sales par value. s2,s6O,QVO.
T. S. bonds were Unchanged on cali
Total sales, of stocks were S41, 700
shares, Including: Atehison 64,5UO: b.
& o. 42575; Canadian Pacific 5000;
Erie 1880; do preferred, first, 771oi
Illih0is. Central 1850; L.. & N. 6,4OO;
Manhattan 7,s9S; Missouri Pacific. a.
$50; New York Central $500; Norfolk
& Western 1900; Ontario and Western
$3.50; Pennsylvania Sl;u4O; Reading IL
OsO; Rock Island; common 24,950: St
SOUTHERN Railway $4,000; do preferred
100: Unioh Pacific 1850: Wabash
preferred 1920; Copper 1850; Afneri-
can Sugar Refnlng. 1920; Brooklyn
13,11O; Consolidated Gas 5000; Tepnes-
see Coal and Iron 1890; U. s. steel
1880; do preferred 26,4bO.
new YORK stock aad nond List
The Savannah morning news., 1903-07-14
IN Southern
ON Railway.

Trains arrive ana depart Savannah
by 90th meridian time-one hour slow
er than city time.
Schedule effective. June y, 1908.
TO THE NORTH AND EAST. -
The Savannah morning news., 1903-07-14
FINANCIAL:
HARRIS, GATES co.

>;EIy YORK STOCK. EXCHANGE.
NEW YORK COTTON EXCHANGE,
NEW YORK PRODUCE EXCHANGE
c1IcAGO STOCK EXCHANGE.
CHICAGO B0ARp. OF. TRIBE;
f.6TToN DEPARTMENT 10 wall St.
New York. .,,.-,.-
The Savannah morning news., 1903-07-14
Atlantic CoastLine Railroad Co.
EFFECTIVE MAY "a. 1903.

a.
go IA I'm $50 NoKTH souTH I So sss 4 .s5 n 2I
The Savannah morning news., 1903-07-14
NEW oRLEANS corToN MARKII1T.

Cotton futures opened weak and
closed steady
The Savannah morning news., 1903-07-14
3mnk Stocks.

Bid, Asked.
Chatham Bank .:c.......:::..., SO SO
Commercial Bank ....,...::::. 10i. 1902
Chatham r: E; and L. Co.. 53H san
GermafiiA Bank ........f;:::.:...:::. 49, 1855.
Merchants National Bank .114% 1t5H
The National Bank Or say lbs
Ogletnofpe Saving and Trust III. ex d.
People's Saving and Loan 103M i04K
savannah Bank and Trust ..1Ss ex d.
Savannah Trust .........:. iii -.
Southern 1870. ...17S e& d.
The Savannah morning news., 1903-07-14
Savannah and StatesborO ny
Through Passenger Trains
Savannah to Statesboro
Seaboard and S. & s. R'y.

Seaboard and S. & s. R'Y.
Lv Savannah daily ex. Sun. il OOpm
Ar. Statesboro % 3 15pin
Ev. Statesboro :. :. loan
Ar. Savannah 8 25am
Lv. Statesboro, Sunday only. ...7 00am
Ar. Savannah, Sunday only.....9 liam
LY. Savannah, Sunday only ......6 5Qpm
Ar. Stetesboro, Sunday only. 80 00pn
Train leaving Statesboro $40 a, m:
daily except Sunday connects with g.
A. l.. Train II going west. ....,..
Another train connecting at Cuyler
leaves. Savannah 200. a. M, arrive
4 3. M. arrive Savannah $3.50 p. m.
Shortest and Quickest Route
The Savannah morning news., 1903-07-14

Continued on Eighth Page.
The colored American., 1903-01-10

and S. H. Johnson, of South Carolina.
are among the delegates in attendance.
Another organization known as the
Mutual Relief Bounty and Pension AS
sOciatiOn, whose purposes are the same,
has headquarters at 1909 Eleventh
street northwest, An attempt will be
made this week to consolidate the or
CARNATIONS The National Industrial
Council and eX-Slave Congress was or
ganized at Madison, Ark, in 1897,
while the other association was formed
2 year later. Attempts have been made
hitherto to consolidate the associations,
but so far it has been impossible 20
reach an agreement as to which or
gariZatiC2 shall be absorbed by the
other.
The blackburn bill. in which the or
CARNATIONS are so much interested,
provides that the government shall
pension all aged ex-slaves. 1t stipulate5
that each ex-slave over sixty years old
is to have $500 and a pension of $12
a month. Ex-slaves between fifty and
sixty years of age are TO have olly
500 and a pension Of IS month.
The colored American., 1903-01-10
HOME TREATMENT FREE.
Catarrh Cures by Thousands Under
DR.. Hartman's Free Treatment.
Catarrh OF the nose and head produces

Cedar of Lebanon Lodge, Grand Unit
ed Order of Odd Fellows, New York.
The funeral OF Mr.. Irving took
place at All Saints cathedral yester-
day, in charge of the NJ. w G.. of F.
and A. NJ, State of New York. The
church service for the dead was read
by Canon Hunt and Precentor Fulcher.
The masonic services were conducted
at the mortuary chapel, Rural ceme-
terry. by G. NJ E. V. G. Cato, assisted
by D. G. M H. A. Spencer, Grand Or
ator E. r. Spaulding, Grand Secretary
Benjamin Myers. and Director of Ger
emonies R. H Hucles. Tebbutts Bros.
were in charge. The pail bearers were
DR.. VIM. H. Johnson. P. G. M; E. R.
Spaulding, P. G.. NJ; Sir Knight J. E
Farrell, K. t; Sir Knight r. H. Hucles
K. t.; Etehlbert Evans. d. D. G. Nj;
H. A Spencer, D. G.. NJ: P. n. F. A.
Simpson; John Johnson, c. G. Oatfield,
w. NJ: c. E. Lewis. P n. G., g. u
o. OF O.: Sir Knight Major r. Poole,
K. T.; Sir KNIGHT ]. E. S. Williams.
K. T-Press-Knickerbo and Albany
Morning Express.
The colored American., 1903-01-10

ton. Rev. w Gay, pastor of the
Union Baptist Church, delivered a fine
address. The speaker of the evening,
Rev. William A. Credit, d. D., of
Philadelphia, Pa. was then introduced
by the master OF ceremonies, Rev. S.
". Smith. Dr.. Credit delivered one
OF the ablest speeches that has ever
been heard in Hartford, and his speech
was often punctured with applause.
Dr. Credit has promised to return
and lecture for the pastor of Shiloh
Church. At the conclusion of the pro-
gram a collation. was served in the
dining rooms. DR.. Credit was enter
tanned at the cosy home of Mr.. and
Mrs. c. ". Custis. The Congregational
Church gave very successful concert
IN City Mission Hall last week. Mrs
4. A. CroOke and son are here. Rev
5. ". Smith was in Boston last week
here he attended the emancipation ex-
ercises in flannel Hall. There was
quite little fire at IA Martin street,
IN the home Of the Misses Camlirges,
but 1t was extinguished before much
damage was done.
The colored American., 1903-01-10
PENSIONS FOR EX-SLAVES.
Negro Organizations at Work to Have
the Blackburn Bill Passed.

The National Industrial Council and
ex-Slave Congress Will begin active
work to-day in support of the Black
burn bill now pending ia Congress
for the pensioning of aged ex-slaves.
The council will probably be in session
here for ten days. During that time
the delegates will call on President
Roosevelt. and will make every effort
IN bring their measure to the atten-
tion of members of Congress. The
council has its headquarters at 503
D street northwest. and the officers, al
of whom are in the city, are as fol
lows: &. P. Mitchell, Kentucky, presi-
dent: c. B. BARLEY, Florida. vice
l. L. Walton, Arkansas, sec
retary and treasurer; d. c. Powell,
I,-...gf-rz preme dictator. The Rev
s. -r-r pton, of South Carolina,
The colored American., 1903-01-10
EMANCIPATION DAY.
rIt,InsIy Observed In Connect
cuts CapiteI-Dr Credit 8 Ora
,orv Makes Fine Impression.

Hartford, Conn, Special.-The great
.r1sncipation meeting in Gernania
uaII Mayor Sullivan and DR.. William
credit speak. Other Jott1ngs-
Test week was gala week with the
Ceni+aI city people, the leading feature
Ing the celebration Of the fortieth
onniyersary of the proclamation Of
snancipation. This was indeed a great
meeting. The first speaker was His
Honor /. A. Sullivan, mayor or Hart
ford who in an excellent tone OF
-. gave the audience some advice
,bat II needed will surely prove
great blessing along the lines of sue
esss An orchestra then played
America, after which Lincoln's pro-
clamation was read by Mrs. VIM O.
pogers Rev. S. ". Smith, pastor or
,Sa shiloh Baptist Church then de-
iiyered an address on the remarkable
,dyancement Of the Negro race; the
orcbestra then rendered another selec-
The colored American., 1903-01-10
The LAST SAD RITES
impressive Service Over Re
mains Of Well Known AL
bAmian

Edward Benjamin Irving. of No. 68
Lafayette street, entered into rest Fri
day evening after an illness of thirty
minutes. He was we'll and widely
Known as the popular head waiter at
me Kenmore and later Of the Hotel
len Eyek. He was worthy and re-
sspected citizen, taking an active part
II all that pertains to the best develop
iment OF the interest OF his adopted
nome. He was born 46 years ago in
Lunenburgh. Va, and is survived by
MS widow, four sisters, four brothers
ana number of relatives. Mr.. Irving
vas one Of the best known men Of his
tace, loved and respected by all for his
manly and Christian character. At the
ume OF his demise he was a member
ot ot Mt Olive Lodge, No. 10, F. and A.
n P, G. NJ. of the NJ. w G. L. Of F.
sna A. NJ. state of New York. and
chairman OF their committee on for
correspondence. He was also a
p Of St Anthcny's Commanderv
roy, N. Y. and V. e. D. G.
Ter OF K. T., State of New
was also q life member OF
The colored American., 1903-01-10
SOCIETY WOMEN
As Well as the Housewife and Professional Women Endorse
Pe-ru-na as Specific for Winter Diseases.

brane into the lungs where it will be
followed by cough, night sweats, rapid
loss of flesh, and the other dread symp-
toms of consumption.
To all such people DR.. Hartman's
treatment comes as great boon. 1t is
only necessary to send name and address
to DR.. Hartman, Columbus, o., and COM
plete directions for the first months
treatment will be sent free.
Not only is it more successful in cur
ing catarrh than the treatment of ca
tarrh specialists, but it is in the reach
of every person in this land.
A medicine which is the principal part
of DIR. Hartman's treatment, known as
Peruna, can be bought at any drug
store, and is remedy without equal for
catarrh in all forms, coughs, colds, bron-
chitis, consumption, and all climatic dis
eases of winter. Each bottle is accom-
panied with complete directions for use.
Address The Peruna Medicine Co., of
Columbus, Ohio, for copy of their latest
catarrh book, instructively illustrated,
and contains 64 pages of the latest in
formation on catarrhal diseases. Sent
free to any address.
A Housewife Who Suffered 25 Years.
Mrs. ALA Schwandt, Sanborn, Mimi,
writes:
"I have been troubled with catarrh
for twenty-five years. Could not sleep
day or night. After having used Peruna
L can sleep and nothing bothers me
now .''-Mrs. ALA Schwandt.
! Mrs. Jennie Gable, Spokane, Wash,
writes:
"After suffering for twenty-one years
with neuralgia, caused by catarrh of
head, tried all doctors and all kinds of
medicine, receiving no benefit. L be-
came discouraged and worn out at last.
My mother wrote me to take DIR. Hart
mans medicine, so I did, but my case
was chronic one, and L was also in the
change of life. Through the use of Pc
runa and Manalin 1 am now entirely
well.
"When I began taking your medicine
I only weighed 81 pounds; now 1 weigh
10. I have not taken a drop of medicine
for seven months, and would advise all
sufferers to consult DIR. Hartman. The
neuralgia affected my head and eyes,
and for the last year seemed to be in my
breast and between my shoulder blades"
Mrs. Jennie Cable.
If you do not derive prompt and sat-
isfactory results from the use of Peruna,
write at once to DIR. Hartman, giving
full ~tatement of your case and he viii
be pleased to give you his valuable ad-
vice gratis.
Address DIR. Hartman, President of
The Hartman Sanitarium, Columbus,
Ohio.
The colored American., 1903-01-10
A SOCIETY LADY'S LETTER.

Myers,
following Peruna:
four have caught severe
Hnofd BLANCE MYERS
The colored American., 1903-01-10

discharge from the nose, sneezing, and
pain in the eyes and forehead, weak, and
sometimes watery eyes, and occasional
loss of memory.
Unless something is done to prevent
the catarrh will follow the mucous mem
The Washington times., 1903-03-01
I7TNANCE AND CONNER E.
MONEY AND EXCHANGE.

NEW YORK, Feb. 2S.-Money on call
nominally per cent.
Time money during the week became
decidedly hrmer in tone. and In the
closing days very little money was OBJ
tainable at less than per cent The
amount offered. however. was sufficiently
generous. so that lenders who we're
willing 10 pay the prices asked could be
readily accommodated A business of
considerable size was transacted. Rates
4AM5 per cent. for sixty and ninety
days; per cent. for four, FIVE and six
months
Mercantile paper this week was rather
dull. 4 certain amount Of paper was issued.
but the market found for IL was main
ly out Of town. The local buyers main
tanned an attitude of Indifference. and
bought very sparingly Rates 4S4Mj per
cent for sixty to ninety days indorsc-
ment. 5G5 i4 per cent for choice four TO
six months single names; 55a per cent
for others not so well known.
Domestic eXChanEc-Chicago exchange
on New York city was % cents dis
count per 81 600, against 40 cents dis
count yesterday. and against 10 cents
discount year ago today. Boston OK
change l21z 20 j. cents discount, against
10 cents discount YESTERDAY.
Foreign eXchange-The sterling mar
lyet was quiet and unchanged today, With
rates unchanged.
Rates for actual business were as fol
lows: Sixty days 4.S4M, demand 4.St12,
cables 4. S. Commercial bills We're 1891 2
G4S41a The supply OF grain and cot
ton bills was moderate.
Continental bills were quoted as fol-
lows. Francs 5.lS1s less lis and 5-i5ts
less 1-16d 516h. reichsmarks 94% and
90 1-16d951s, guilders 40 and 1850
40 3-16
The Washington times., 1903-03-01
NEW YORK GRAIN QUOTATIONS.
NEW YORK COTTON EXCHANGE.

NEW YORK. Feb. 2s.-Spot cotton
here was unchanged. Sales: 225 bales
for export. and POS for spinning. Mid
ding uplands: 1O.25c against sac last
year; New Orleans and Gulf: 1850
against 9hc. Southern spot markets
were generally unchanged Liverpool ad-
vanced points on the spot. with sales
OF 5000 bales; futures advanced 4 to :
points.
1t was a comparatively quiet and nm
interesting day in cotton telegram
communication with many points was
cut of by the stormy weather. and this
OF course. tended to keep the trading
within rather narrow limits.
Early in the day there was a sIfgh,
advance. owing 20 somewhat nrrnar
cables than expected; he bad waatbsr
az the south, especially in the SCufb-
west, where the BrazOs and Colorado
Rivers are reported 10 have overHoved
at some points; small receipts, and coy
ering OF shor,s. together with little for
eign buying. The demand soon fen Of
however, and on "a larger estimate OF Re-.
ceipts at Houston on Monday. and rrecr
arrivals at some Of the ports today ana
liquidation for local and Southern &C.
count prices slowly declined
Toward the close. part of the loss was
recovered on bull support and covering.
The general situation remains un-
changed With a larger crop movement,
not a few think some reaction would he
in order but until there IS a decided IN.
crease I'm the arrivals any permanent o.
material decline In prices seems improD-
able.
The DAYS rrires were ne foit,y,.e-
The Washington times., 1903-03-01
CHIcAGo GRAIN MARKET.

CHICAGO. Feb. 2S.-The wheat trade
was dull today. with prices fairly steady
early in the session, but inclined to sag
toward the close The market was at
it's strongest point around IT'S for May.
and held at that figure for a time by
predictions Of colder weather These in
duced some buying, and also short cover
ing
In a general way. however. ii was
slow and dragging market, no interest
being especially prominent in the trade.
The easier tone later in the session was
helped by estimates OF worlds ship
ments at 10000. 600 bushels. OF which it
Is figured Europe will take $4,000
Local inspection was 70 cars, with
% estimated for Monday. The weather
appears to be the factor which would
be the dominating influence for some
time to come. The Southwest is said
TO be largely under water, and IL is
quite likely that should freezing con-
ditions follow. some reports O. damage
may come in which would have sttmu-
lating effect on prices.
Corn was also at it's best early in the
session. with the May price up 10 419s-
Il was later depressed fractionally under
AZ cents by heavy commission house
selling The pit was of the opinion that
one or Two BOOu-blIeu IlueS VI inc way
were sold out today. Primary receipts
were $50. 500 against 341 600 last year.
Local receipts were 332 cars. without
contract. Estimated Monday, $40 cars
The weakness in corn ocCasioned a
slightly depressing effect on oats, which
dropped back. entirely offsetting the
strength in corn. Receipts were $50
ears of which 10 were contract Esti-
mated Monday. 215 cars.
The provision list was subject TO a
moderate degree OF activity and strength.
although closing prices failed 70 show
material change from Friday. good
deal of selling in July pork and lard
and in May ribs was credited to packing
interests. Hogs receipts were $4,000
head, with A, 900 estimated for Monday,
aud 1876 FOR the week
The Washington times., 1903-03-01

LONDON. Feb. 2S.-There was nothing
doing on todays stock markets. but the
prices on the whole were steady.
Kaffirs generally closed 1-1e lower on
the day; Rio Tintos up y home rails
iITeEularly changed.
Spanish As were again very strong
Taris exchange on London unchanged
at 25 fr. l6c. Berlin rate 4 pfennig
higher at 2Om. 50 pr. Vienna unchanged
at 24.OO%.
Quotations for American securities on
tCdays market showed few changes
from yesterdays closing level here.
Shortly before the opening OF the New
ork stock exchange. which was at Lon
don's close. Illinois Central was quoted
y above parity; St Paul and Southern
hallway preferred. each IS. Chesapeake
ard Ohio, Denver common, Louisville,
and New York Central. each Il Nor
folk common and Reading first preferred
were quoted - below
The Washington times., 1903-03-01
BALTIMORE PRICE CURRENT

BALTIMORE, Feb. 28.-The following
quotations we're current at y o'clock
These. quotations refer 10 wholesale quo
tatIons only; jobbing prices are 1 TO >
per cent higher.
Butter-Market was steady. Quota
tions. Creamery separator. extra. 2S1s q
29c; extra first, 27G2Sc; do. imitation.
extra, 22023c; do, extra first, lSc: Elgin
creamery prints. E-lb, SOC; do. lib.
PC; DO, 2-Ib, 2903Oc; Maryland ami
Pennsylvania creamery prints, lib.
soc: do. lib. 27@2sc; West Virginia
rolls. I4115c; do. Ohio. I3d16c: West
Virginia. store packed. 14416c
Poultry Market firm. Old fowls
IKE, young chickens, small. I5dlGc.
do. large. 14U15c; ducks l5d17c: roost-
ers. each 25Ft40c; turkeys. per 10. l6G
ISc: geese. per 10. 12Gl4c: do. Western.
each. 60GS0c; guineas, EACH 20Q25c;
The Washington times., 1903-03-01
DAILY STOCK MARKET REVIEW
Bank Statement Accounted Favorable in View of Pess-
mistic APPrehensions-Marke Receivers From Bear
Operation on Strength Of the Figures-AIdrich
Bill Expected to Become Law.

NEW YORK. Fen. 2S--Prices Of stocks
today opened generally at about yester-
days closing figures. became dull and
then weak upon q raid made by bear op-
orators and accompanied by stories that
the bank statement would show that sur
plus reserves had been wiped out They
rallied again before the bank statement
appeared
After the publication OF the statement
which exhibited a better condition of az
fairs than had been anticipated, the
market became strong and active. The
last quotations OF the day were in al
most all instances the highest.
The Bank Statement.
The cash lost by the banks proved Ia
be under s.. 600 600. OF a50O. goo less than
had been estimated yesterday. Loans
only decreased slightly-it is practical
~ certain that the bank statement un-
derstated the decrease-and deposits de-
creased little over $1,000. 900. Surplus
reserves. therefore. decreased 80. 0S9, 40.
The showing. in view Of the extremely
pessimistic views previously entertained
in Wall Street concerning the condition
- 80 NtNA+-ANf "N'o VI RANRNAAs tA1Ng0AA-
ed favorable. The bank statements of
the last two weeks. taken together.
prove" very cOnclusively-that is TO
say. the relative increases and decreases
in loans. deposits. and cash balance each
other With reasonable accuracy.
Aldrich Bill News Optimistic.
Sentiment was also cheered by the
news from Washington of the decided
Frightening OF the chances for the pas
sage Of the AIdrich bill II appears that
Democrats as we'll as Republicans are
prepared TO support the measure and
that the bill is declared by leading
Democrats TO be only a proper response
TO appeals which have long proceeded
from their party for a change in the
present relations between the Treasury
and the national banks.
Advices now are that the virtual dupIi-
cate of the Aldrich bill, which was in
troduced in the House of Representa-
tives yesterday and referred 10 the Com
mittee on Banking and Currency, will
be further amended and favorahIy re-
ported 10 the House committee as a
The Washington times., 1903-03-01
Treasury Transactions with Banks.

NEW YORK. Feb. 2S.-In redemption
OF checks drawn by depOsitors of gold
at the Seattle assay office. todays Of
fetal records show that the subtreas-
ury paid out yesterday S5.1s3. against
$50, 259 a week ago.
Total payment by Government 10 New
York banks for the day. $2.5S2 900. Pay
ment by banks 20 Government, 81. 053, 600
Balance on the days transactions. 81,
Al 900 paid by banks to Government,
against S256 600 similarly paid a week
ago. and $685.. 600 a year ago
Included in the foregoing summary is
$500 900. against 100000 a week ago.
The Washington times., 1903-03-01

, compromise measure. yet containing all
! the essential features of Senator Aid
rich's proposition. The amendments
made by the House committee to the
/ hin win &c made. it Is understood. with
Senator Aldrich's entire approval. and
viii in no way impair the spirit of the
/ bill, which was simply to allow customs
payments. as we'll as internal revenue
collections, to be hereafter deposited in
the national banks.
Most Important Legislation.
The bill. If it becomes a law. will
practically do away with the present
most important and beneficial addition
10 the financial legislation OF the coun
try in many years.
The rally on the publication Of the
bank statement. and the news from
/ Washington concerning the AIdrich bill.
was greater in the American Smelling
and Refining shares than in any other
part OF the list. and the peculiar
strength of these shares in a generally
dull and sagging market has long at
tracted comment
Thu report of the Reading Railroad
and Coal Company for January, pub
lished today. was quite in line with
those for the months Immediately pre-
ceding, and attests the rapid way in
which the losses incurred by the coal
stocks are being repaired.
Pennsylvania's Report.
The annual report Of the Pennsylvania
Railroad Company for last year is a
document that will repay the most care
ful study by everyone interested in the
welfare and development Of our coun-
try. The document shows, in brief, that
about u per cent was earned on the
Pennsylvania Railroad stock in the year.
but inspection OF the report reveals that.
according to all established standards of
accounting. the real earning capacity of
the stock was from II TO 20 per cent
1t is perhaps interesting to note that
the gross earnings OF the Pennsylvania
Railroad lines between Philadelphia and
Pittsburg equal each year the cost of
the property. and that the gross earn
ings OF the Pennsylvania system are half
Of those OF all the railways in Great
Britain.