The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-01-31
4 REPORT TO M|Y
D|RECT0RSAL0NE
President, Stevens of c. and o.,
Says lie is Not Controlled
BY Pennsylvania.
TABLE SHOWING INTERESTS
American Locomotive Company
Have Many Orders-Elcctric
Roads Over Capitalized.
TABLE SHOWING INTERESTS

Chesapeake and Ohio, Haid yesterday that
the reports that have been circulated to
the effect that he reports to officials OF
tho Pennsylvania, are untrue.
II report to my board OF directors
alone and 1 am responsible only to that
body" said Mr. Stevens. The road Is
In excellent condition, and has steadily
improved over since the Pennsylvania
secured an interest in 1t, six years ago
on the first of next month. / expect to
see still greater improvement In the
road
Regarding tho bill passed by the House
of Representatives asking for report
on the interests of tho Baltimore and
Ohio, Norfolk and Western and Chesa-
peake and Ohio. held by the Pennsylvania
and the control of the interests. the fol-
lowing table Is worthy of note:
Stocks OF the BaltimarS and Ohio,
Chesapeake and Ohio. Northern Central
and Norfolk and Western. which are
directly or Indirectly owned or controlled
by the Pennsylvania Railroad as a cor
poration. arc shown In the following
tables:
Owned by Pennsylvania Railroad Co.
Total Amt.
Issue. Owned.
Baltimore & Ohio. -. 4,272,o $50 $312o3, 900
Baltimore & Ohio pfd. bo,eSB.siO 2l,4soooo
Norfolk & Western.... 6a,469.2o0 20,330000
Norfolk & Western adj.
pfd ...... .......... 22sss.1oo 100000
Chesapeake &c Ohio..,. 62,7a0.4o0 1O.13O6o0
Northern Central..... 17193425 9,401,G50
Owned by Pennsylvania CO.
Baltimore & Ohio. :. s124.272, $50 s7.343, 900
Baltimore & Ohio pfd. 6e.9ss.46i 100000
Norfolk & Westerns. 6i,4692Oo 100000
Norfolk g. Western
DID Observation-Disclosures. Sy,QSS, 100 100000
Chesapeake 6 oho... 62,7904oo 100000
Owned by Northern Central
Baltimore & Ohio. .$lA,272. 900 78l.5oO
Baltimore e. Ohio pfd. 599S6.464 100000
Norfolk & Western.... 6i,469,2o0 100000
Norfolk & Western
pfd ........ ...,...: 22,9Ss.1O0 10000
Chesapeake & Ohio.... 62.79O.400 1850, 900
Owned by Philadelphia, Baltimore &
Washington controlled by Pa r. RI
Baltimore & Ohio. .s124 az. 06o s TS1, 800
Baltimore & Ohio pfd. 5o,sSs.464 1000. oCJ
Summarizing the above tables, the one
below shows. In respect to each of the
roads mentioned in the congressional
resolution, the total stock issue in COM
mon and preferred, the amount of both
held by the Pennsylvania Railroad. di-
rectly or indirectly, and the proportion
such holdings bear TO the whole:
Total Penn
Road. capital holdings. p. G.
Bait. & Ohio. 1885,. 25s.524 se7.67S,S0o S6.7
Ches. & Ohio.... 62,79o.4oo 15.63oO00 24.0
Nor. & Western. sT457soO 33.sso.o as.s
Northern Central, 17.19a425 9,4o1 $50 5i.s
Locomotive Building.
The Richmond branch of the American
Locomotive Company closed contract
on yesterday with the Norfolk and West
ern Railway for building seventy-nve
large twelve-wheel freight engines
The Nirginia-Carolina Coast Railway
has placed an order with the same COM
pany for seven engines. four of the mogul,
and three of the American type, to be de-
livered in August.
The Kansas City Southern, has placed
an order for fifteen engines. to BIO de-
livered in June and July and the sChesa-
peake and Ohio has contracted for one
heavy switching engine and two bridge
switching engines, to be used at the
Cincinnati end of the road.
c. & O. Earnings.
MIR. l.. II. Sullivan. comptroller or the
Chesapeake and Ohio, has issued the
following statement of tho earnings of
the road for the month Of December:
Gross earnings 1905, S2,O47, s27.91; 1901,
sl,72l,0s1 10: increase, s92s,746.ls.
Less expenses. 1905, sl,23e.34o.s7; 1904,
81, 1o5. so3.63; increase. s1S3.S3s.74s, ex
Net earnings. 1906. $50. 4s7.54; 1901,
ss15, ESQ; increase slaa, 100. "A,
From July to date
Gross earnings 1905, sllss4. l6555; 1904,
sloi5S,, 4oi.87; increase, sl,4O5, 751.1s.
Less expenses, 1905, s7,13s,7s2.5s; 1904,
Sc, 5l2, S572s; increase. SOS, 9252S.
Net earnings, 1905, s,.725sI2.o9; 1904,
95,5i709; increase. s77o.S25so