New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-09-20
READING SYSTEMS YEAR
Ninth annual Report of the Three
Companies.

pvt " INC HFcc
Companies.
The ninth annual r-port ~ ,ho r,., -
pany covering the Reading COMPANY the pbu,-
delphia & Reading Railway COMPANY ana N. pbT
aaelphis a Reading Coal and IRON Companv e.
ne hscI year ended June 80 has been issued The
net result OF the business OF the three cor,na7te.
for the fiscal year is shown as follows.
PhiAesPha 4 Reading Rsilssy Company:
6':;s;s ':8 issi SIS q;
Ne, sa5n s8ss .2sE5s sisoI5aS5
improvements ..-.......-. s.sssS5s s,sess
Fixed charges ana taxes sSoa7Ss si sS9s g ssb
Fsia.5ss R,se ESQ., g: Iron coups5a s0isa
Esi:'S': Sc sssa:s $50 Sc 3: s
n. Net ia: s1En IN sa.IsOsO4 szOss4s8
I, hsI.ss :. 80 = sl.lal.OsT sl7sos74
r,i Realms Co ~. l5sssO4 I5sa2z
s.I72.sss 49, s7slsss
ri React Charge. and ;,,. gig 25s Surplus sg5I g.
Psasis ;....:........ slsO745 surplu. sls7.S7s
iss8s8: - '7os2 :Ss ssf IS: sss
Fixed charges and taxss.. 4sS4.7i5 ASS. $50
Surplus -.-....-...-.... s2.se0O92 s2t0i.IO7
surplus Of three ooul-
panies ..-...-..--..-.. S7.s40.sIs S1oois.T4s
Notwithstanding the losses incident the anthra-
S e oIs strike which lasted from April 70 May 10
Se ne net sn ing OF The three eom2Snlss 70.
the surplus reduced S2.I7492S Go BY increase
OF G5Ss.7os IS in ths amount expended for i'm
The accumulated SURPRISES OF the three compa-
mes on June 80 1896. were as follows
Beading COMPANY June 50 1895 S6S07I56 -
'S eiGai iafsd So S SS 90 20 Asa ,5s
paie b Philadelphia & Read
iag Railway Company --------. $500 oo2 o.
T0taI ............... ......... .sl4 ss7.2a9 20
. R:fss 49, s54s .ss. ma
Total ---..-..-......--.......s So io2 s5I =
Phnaeslph,A & Reading Railway
Less s:9 sas.as s:1s ?.
Year ended June so 1906 s.. 6ss4 al 81
IRE PhiaaeIphis 4 Readins coal
arc Iron Company. June 30
Less loss year ended June 80 1895 $50 S4s -
Total Surplus June 50 1895 Sls s2s 800 s.
The total surplus June 50 1895 OF SIS sas 80 IS
shows an increase Of 3 1885 = over that OF June
80. 1896. follows
Tosal surplus June 80 leo6 sIsOs5 asa II
fiscal June 50 Isos e1o2 ssl IS
As5 5s so5a I surplus S q hree companies for
ei--e- June 81. 1870 SAG Sis p
Total surplus $40 s2s $50 IS
The gross receipts OF the railway company IN
creased sos S % those of the previous year.
and TIE surplus for the year decreased q s74 80 81
The payments account Of fxed charges and
year and there was an increase OF S-55s70s IS in
ths amount paid for improvements.
EOS 10 tons IN lsl5 10 ll.s5s, 81 - 1886
the tonnage OF bituminous coal increased from |
sliEl tons 70 l0aS5ss ~ tons gain or 1903 II %
franc increased from SI71ss 81 & 10 81
gain OF S4 sS5 90. ~ per cent. Merchandise |
gain OF ss5S s52 tons or ISL per cent. Sad the
earnings therefI increased from s3 1855 s.
The number OF passengers increased from $50 n
70 s0el53. gain OF ll46 80, or ace yer cent, and
10 s62S3ls . gain OF S4sS sl6 S. or 3 per rent
IS s groSs 5seiPs o. the PhadePhie Reading
crease above shown OF s as o 20 or Ss pe- cent NJ,
In the gross receipts exceeds Ia ar1oTnf sTd par
centage the increase in receipts in any year
10 the increased business OF every class handled |
except that OF carrying Anthracite This increase.
however was largely onset by the increase OF /
s2s6s22 Il IN the operating expenses. equal -
Per cent WHICH was divided nearly equally among /
malntenace OF way ana structures. maintenance OF
equipment. and conducting transportation The in
business handed. as shown above was the inme- |
date cause Of these increase in the operating
I2ilnaEe We comp slal Yer tle cessation
OF shipments o. anthracite during the months OF |
ining contributed 20 nc small extent 70 increasing
The sum az SO IS. q was expended during the
last hsca- year foc improvements. and charged 20
expresses. The expenditures for permanent improve
ments exceeded those Of the previous year by
s. 5s s IS, and were unusually large owing 70 the
been undertakes had progressed 70 the stage where
The largest payments on account thereof were re-
1he balance sheet Of the Philadelphia & Reading
Railway Company, as % June 30. 1876. follows.
Eairosa ...;.--.--.,- $50. q: rs sss o.