The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-03-25
AMI.
WESTERN {. !. / ROAD {. 4 J. ].
Total Income Of the Road Will ,ilsE.
~ Rcaclltrsil Mil
l3i35 lions.
TlDEWATER a COAL o. I. FACTOR I. Y i I;
Of Pennsylvania and alld
Subsidiary Roads Stoi Hold
Meeting On Monday.

4 15i 4
Ths following statement regarding the
Il Norfolk and Western Is of interest AT
this Il time ION account yof the rumor GO
Z coal strike: I'm. 81 i Al W 4' p
THE status ,of tho preferred stock Is
+ about as follows: Authorized issue. -, :
q 100000: held In treasury, $4,000; $outstnnd-
Ing. s2s, gei 100; owned by PennsylSinnt'i MIA
lailroad, $500 900; owned BY Fcnnsyll-
Il ys,nia3 Company, $4,000. 200; owned ,.ntsl iby
y Northern Central s5oo,oeo. The total
,ar value Of this security thus owned W 9 Z.
bys thr PENNSYLVANIA Interests aggregates
a xi1.00o 900, or IA per cent. Of tie total
n iss,ic + Around ninety, at which the Stock C
III selling, 1t nets 4.44 per cent g on ~, Wy
investment. or considerably better et lha'l
stye,,,l other railroad preferred stocks. so o5
which It can be SAID that tne Z E'S w
AFRO at least no safer Is. Z.
bFTi,rba ttronpany's annual report for the
e. f,acal yea, ended JhY.eS 30ifi las W. s y q
favorable and show ed the apresferieu. sluch
h, he protected byBs, surplus OF soe !, 40. I,
\ ftar allowing for Norfolk and w csterns
share Of the deficit on the. i'oca loi u =,
coal bonds. This was - ~
Il os m ,.,,e d Oh 1.-THE. preferred stock,
8 IftorTthe dividend un#the preferred there
,ra left FOR the common per &c &c NJ =;
W. s. q . t,,rpe per cent. raid during the
B ,.sS Il IN dividends. In addition 70 TINS
81 si,a,,,r,r there we're consid sums sums
4 Il ohar,,od into maintenance Of way an u
N nf5 euupment, which cptld les :,
h,ye been considered earnings y ~ ~ y. .n y,
stock The company's ail1uai =, !. ~
Mn Ia various items per mile were t ~ Z
* lows: So ~ s5 1,,s "a isA Per
5f5 rs S53 tlglS5. wear 1906 Mile. W
III Average mileage 2 per- eri-s -oo &
a.aa e n mi; iags \. 4. 4. 80 1890
RI Conducting transport y J, st ! orr
tion$ q !. 4 y ~ 2 IiSG
e cent Of gro - sf9
Maintenance OF way a anu - - 4 ~ 10
II structure . ~ 5'fl
Maintenance Of equip y, y 90 J . . rr4
H 1 = :.. 4, g, ii 464,772 $50
sas 434 S,139
Per cent OF gross y, uS:os Z ~
ct earnings -. = - ~
&OtherSinconle ~ 4sSf
4, I, ], !, \. 4. !, 8, es5 ,ss7 s5,ss4
Y M year promises TO- pc 8 rs
~. ~ II onn for raj lWay
ma mar :, ~ 4 q the Railway ere
unde err way 1s o14 niles oij5.,sm
3 road 4. and what are termed g, ~. : .. ,os
projects provide for the pu.lal.s zoos INC
= raco,,i showed about $500 miles of road
@ !, Az strl1cti on and about 1000 of8this
s,,a 'completcd during the year. It. IS
il ~ a thnt two-thirds Of hesenttrc mile
II Z ~ now .,lnde eli way is being built by.
thrty-eiEht aycrage{ OF } %25li
miles per compan IN Al ., y Fl !,
I iiss nor several years the Southwest has
Of rrrn
s. nativity. but this year#the centre mas
| $shifted in part to the Northwest and the
Vast The large projects include e. the Chi-5
m % a Nil waukee and st. Paul s. ,bOO-m1le
{$ Pacl1c Coast extension from 8Evnrts i; the.
Western Pacific OF the Goulds from Salt
Lake 70 san Francisco. 937g niles; tho
Il Denver, Northwestern and Pacitic from
sulphur Springs Colo. e SAT- isane', a.
miles and the various extensions 9 the.
finland Hartman systems, the former
With s7s4 miles and the latter with 546
Y rpiles stss5 iA5 81 fHI
3E3 "A meeting of traffic representatives OF
The .Pennsylvanin. the Reading, Baltimore
Z and Ohio, Norfolk and Western and Chcs-s
apeake and Ohio Railroads Will be held in
q Philadelphia Monday to formulate rates on
import goods. These roads recently with
drew from the SinGGrt rate s O greement
between the trunIr lines; because some Of
4 the more Northern lines$were not living
#np to the agreement .$5
The New River Galleries Company,
WHICH is to acquire control OF about
20, 600 acres OF soft coal lands in West
Virginia, will be Incorporated in the near
future under the laws of the State of
\ Maine. The company will have n capital
stock Of $4,000. divided into si.0oooo0
IN per cent. preferred stock and 81 900
common stock. This is the concern being
organized by j. S. Bache, Newman Erb,
S. r. Guggcnheim and their associates
10 take over a number OF coal companies
now operating in the New River district