New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-03
Financial.
GENERAL REMARKa

unas and tn.ase Ct year
ana oy reason Of the recents made
arls ana suOstantIa additions made Your motive
ov IN. 5Rsre9f n mas ,t been a. pal %
so 1s sIiw .sse san and tns grosseFTIs ssGt
Inc volume ~ t'aie car s5 thers va. IaISe San Ia
ptnses in ali departments and notaoly n mat OF Main.
Seep your motive po~e. sna equipment ap 70 as require
la.iIties and pa ns dividend p
sM per cent the suip-s income vas s1h.1ent % prov
ng Car Trusts ss21S 25s IS ana isT ss.2sssIS7'
The hsa.tsst .utay during TIE pas, year va. upon
The work VAS prosecuted ysorousy ana Lns sset.o.s
oet~esn aotk haven ane Soulola anu oet~esh atsS.
aad AIssn ana between Tao5ndae ana lsnlOeh; 5as
road win be finished ~ tne early spring -
ards operated 4 Eaiea connection Inc ana
,aess pI9'qea al tnoInoa.e ana GSno' 90 s nG sit
trains in each direction De eoaa ana stsssd az tss
trains having follow other intervals and wait
The yard. Harrisburg Tyrone Altoona Pcarn ci and
stacstt vsTd az HoIdaysbu enlarged and provision
made for extensive westeound yaEd at ths same ptnt
the Pittsbursn piyson At the MoTriFyie terminus 2,
furnished for the accommodation OF the traffic passing
At Broad Street station Philadslphia the
rebuilt and the widening out and length
At East Liberty , % s peg sa91sse
"a
dalton for the large trave at that p9at sy yTd
have been completed and freight houses are under
on the Pittsburgh track system hs.
completed Bolivar and siars.e md
Donohos the revised line between Beatty and
Peansvvsnia Division between Tunneon and Salisbury
completed umpover has also been ZEE. Son con-
Fork coal traffc with the Main Line movement -.
Canal line Newport been put IN service and ;ss
stone arch bridges sonsrueed oyfT "a, aH 49, o
On the Phliadepha Division the elevation above high
w Valfs Il House ss Road d HsrTis6Us has eo
One Of the most , uPoTE matters py wRiSh Of
Gent supply present and future nseds OWING
the frame the former sources Of supply had es19ms
te s1a1 Of the s water Ts. rapidly becoming
locomotive have now been ses dR aas
by your Company SECURE adequate supply OF Eood
nt5 aso al s points Tar on a yGuT Nan the
D and NJ for the rs yg INES e Ts.n. Win Be
acng rghtOfway to the necessary P9ns
II a' n Sss5 III sR' Taa: %Rie T Il. dcn obtaining
xateT s n sufficient a sy. a pssn q oS9 y IS
proposed obtain the funds for this outlay ey an issue
there win be large saving both n cost 2: water and
met without undue burden e current income
On the United Railroads Of New Jersey Division he
were IN your pier and yard tactiss
YARD the reconsruction Of n. Princeton Rranch u.
erection Of the Trenton Shops and the elevation OF your
THE improvement OF the Gresnvle Yard was further
channel construction Of nghterass and coal piars
and furnishing other facilities -, . ,-, =.
crease your motive PAYER In cTeTF s s rs On. @ s
your passenger equipment and concluded
for the building OF large number or standard fresnt
cars to rerace equipment Of small capacity longer
adapted TO the exgencie~ Of your deemed
wise make these repacements at once Instead Of dis
tributing them over rerod OF years And while the
temporary the maturity Of the Car Trusts
under which the standard equipment IS built the n1esr
OF cars available service IS not diminished while the
tonnage caracy largely Contracts have also
been let covering twenty thousand
freight equipment Of your system under the usual
The expenditures for construction eqUipuent
s ana 5 Ne York ami Pittsbarrh Including s. -
paid on account q The prncPs q car Iruss TTs
Account s11674 1880 against the income Of the
year ,,, H.. .
OF the four Grand niv.ons East o. Pits
,ber,or were supplied by respective Companies max
ing the improvements out Of surplus income or from
On latter tines the largest expenditure vas upon TIE
Cambria and Cearhed Cherry Tree ah9 Va
COST OF ROAD: v-.,s,, I'm. ,-or, y,
road extension Of four track system on Main Line
c6st of pittsburgh virginia and Charleston Railway
Five hundred and torty-ssven locomotives
Freight equipment
Less credits
REAL ESTATE
Total charges to Capital Account for 1905.
The increase Of CAPITAL STOCK sqrTs the year vas
Issued in exchange for ConvartibIs Bonds Of
In exchange for Conyertete sores or Pen
In exchange for Capital stock Of Pitts6ursh, Str
In conversion Of Dividend Scrip May Sist 1888.