The Providence news. (Providence [R.I.]) 1891-1906, 1906-02-05

The report says: The president OF the
interstate commerce commission has the
honor TO submit the following I'm response
10 your request of Jan, %. inclosing
resolution adopted that day by the house
of representatives. which reads as fol
lows:
Resolved, That the president Of the
United states be. and ne Is hereby re-
auested. IL not incompatible with the pub
lie interests. Ia report TO the house ot
representatives for its Information All
the facts within the knowledge Of the
insterstate commerce commission which
shows or tends To show that there exists
AZ this time or heretofore within the last
u months has existed a combination or
arrangement between the Pennsylvania
Railroad company, the Pennsylvania COM
pany. the Norfolk and Western Railway
company. the Baltimore and Ohio Rail-
way company. the Philadelphia. Balti-
more and Washington Railroad company
the Northern Central Railway company
and the Chesapeake and Ohio Railway
company. or any two or moro OF said
companies. in violation OF the act passed
July . 1890. and entitled An act to pro-
tect trade and commerce against unlawful
restraints and monopolies, or acts amen
datory thereof"
THE ONLY FACTS KNOWN.
The onlS definite facts known TO the
commission believed 10 bear on the sub
ject matter OF this resolution are. those
appearing I'm the annual reports filed by
the companies named In compliance WIN
section % OF the act 10 regulate COM
merce except as the same or some or
them have been disclosed from time 10
time in proceedings before the cominls-
sion
From tho latest OF these reports, cover
ing the year ending June 30, 1905. the fol-
lowing figures and other data nave peeh
compiled -
an authorized capital stock of 100000, or
which 1902 1890 has been Issued ana Is
no woutstanding This company appears
10 control and II Is Understood 10 control
all the hnes embraced i'm the Pennsyl-
vania system so-called. having an aggfe-
gate mileage of l0999.S6 miles ana gross
earnings for the year named OF S2S,l12,22s.
The term PENNSYLVANIA system as mere
used includes the lines of the Pennsylva-
MIA railroadh the Pennsylvania company ,
the Philadelphia, Baltimore and Washlng-
ton railway company, and the Northern
Central Railway company hut does not
include the Baltimore and ohio railroad
company the Norfolk and Western rail-
road company, or the Chesapeake and
Ohio Railway company.
PENNSYLVANIA CAPITAL.
The pennsylvania company. which con-
trolls all the lines Of the Pennsylvania
system west OF Pittsburg and Erie has an
authorized capital stock OF sso,OO.eO or
which $4,000. 600 has been issued. All this
issued stock is owned by the Pennsylva-
MIA Railroad company.
The Philadelphia. Baltimore and Wash
ineton Railroad company has An author
lied capital stock of S25 $50, $50. OF which
800 493 $50 has been issued and Is now out
standing. OF this issued stock the Penl-
sylvania Railroad company owns 500, 400, =
as.
The Northern Central Railway company
has an authorized capital stock OF 500
0naOo Of which Si7. 1913. 800 has been Issued
and is now outstanding. OF this issued
stock the Pennsylvania Railroad company
owns 80 $50.
The Baltimore and Ohio Railroad COM
pany has authorized capital " $4,000. coo
Of preferred stock and sl25, 100000 Of COM
mon stock OF which $50, CSC 464 preferred
and 1924. 272O O6O common have been issued
| and are now outstanding. or this Issued
| stock the PENNSYLVANIA Railroad company
owns SCI .iSO. .Ooo Of preferred and SO. 293. .3co
| or common: the PENNSYLVANIA company
owns s5.ooo.O0o OF preferred and sll.055. 600
| of common: the Northern Central Railway
! company owns 100000 Of preferred and
| S7a5W OF common: the Philadelphia,
| Baltimore and Washington Railroad com
| pany owns 81. .ooO.0o0 Of preferred and s1Sl.
! Sno Of common. II thus appears that the
| PENNSYLVANIA Railroad company and three
| other companies which ~ controls own
| an aggregate " s2S. tS00N Of Baltimore
and ohio preferred and 81, 10000 Of Balti-
more and Ohio common
| NORFOLK AND WESTERN CAPITAL
The Norfolk and Western RailSSy
| company has an authorized capital
81 cDo. on Of preferred stock and tssocr,n
| ~, common stock. all NJ which has been
/ ISSUED and is now outstanding.
| OF this issued stock the Pennsylvania
Railroad company owns sh .5a9eee of pre-
/ ferred and S50S30O0O of common; the
I Pennsylvania company owns 100000 OF
| preferred and l.bO.c0 Of common: the
/ Northern. Central Railway company owns
A