The Washington herald., 1913-03-04

I sathor1tie. of 'he questions =, t~ue b-fo~ aay
!r@oc;s S,rike. car nccun,e effective - thst ~
due rz;ohcshOu and inquiry the government and the
!':hic NAV Ia fully iI:orrE,i OF III. r1tent of the
| co.t-rrr>y and its c4rScs
The net reIeaue ot .sh opsra..,Ss shows in
TsV,S coatiu,'e 20 incT-Ase. th- charsrS fo, Tn.
rsrsr. y'ar exceeding those o the rHrrisis year
~ 81 6F1
! The tonrss- for tSc year irc.ea-ed Il :, T.r c-r.
and tonnage Hissr- increased 1875 per cent willie
~ t!Esht tain H:ile4Gr increased only OS pr
'r?t due :" an ircraed trsin load Of -. per
! crn-
Z Tho Ta~senscTs carried increased 90 p-r cent.
with increased T%s--ageT nilssse " 6-l p-- c-=t
T'i!e in the :i.s of th!s the passenger .-sin mile
axe ircrr-srd "a.y l8 ger due % The aver
! rer ceat
! II the d'ducr:ons Tor ,etse of Other roads the
larger T"r1Her;S are due TO tx i7cT-a~ed r>veLu.
e'Eaed on Ro'd' o7.:a:ed On he basis o: Net
! IT." decres~. the interest deuc.iors for fund
81 dei:. coup.'eI Wa 1911 vas due 70 the ms
| t'I;F aad ;arTrTt q May e. lsI2. Il tie River
Front Railroad GomT4r' FIRST Mo1sag. Bonds
a,d or NGrsu.i-. is, ,s!2. %. the PSnrsylvaTia
E'iroad Con'DInv y. T~r Convertible Bonds
"' ES- AID also Ia 'he "a merits u rrinciiaa
| Que na EaU;rIusr' Trl-. Obligation
Tie CGnfrany has in contemplation raarv i'm
'".taat ard eytensiv- r.ressary irrpny-m.n.y a
! - portion e: va'yA S'"1,i no; x charged 10
/ t-iA;sl Acco'r'. lni - ~t'cn the Rrservt to-
h
ai me inp.uveT~-.;s @: Rruad Sire; S,Atia Phf
sdr!Eh'. AID its aT4.n.achez and fsciritie,: i'm
, rr.'enents cn The AN'-i.eay Division hereinafter
refs-rrL 20; :he elimination Of g7af, cT=-ir and
e'CTFr'oy - trsrs~ .hr New Yn-k Division
:roT CO!on:s eIstysrI -hrorgh .he CITY of Raj
va. tn Bay W1r. Eltzsl.:h and a Sigrt cl,rs-
OF line in ',:e CITY " Elizah".: where the line
has already b-"n elrra:-i II also s-patempis.- 4
the aboif!on Of additional grad, c-ssirgs IN pii-
! s1elpA!a. Lancaster. Lilly. Juhustowa. F.--u.rt.
Wilkinss''rE f1t'sh"sh. AID ether Tntntr on its
iae' Thrn the l"'1i sntholties co-oIrrate in msk
! ins tie eliniinslionS Tee Company also has in
temptation the cnTss s-,:-to7 Of new doutIs-
tr:cs steel bridge over the Allegheny River ST
krkinire'ss Junction "n an impruTed lire to
t'Ee the place ot the present single track bridge
! The Caritsi Stock increased over the pre-
, rcIs year BY 5000. a: which 5000 wss s,rei in
! cxcharse fo- Fractional Convertible Boad Re
ccip;s. and 50 10: DiTidcrd SCrip dated MAY 81
1926
Tee Funded Debt and Equipment Tr:st ob,gs.
tfnrs we're reducsSl a. follows:
Redemption thrnugi. Sinking Funds:
Consolidated Mor;sasr 50 Tzr cent
Bo.'ds due Iuly !. !sGj................ SS91 %
! Equipment Trust Loal due lsIi.. i2IG0el
'ol!. tersl Trrs; Loan Bonds az Ter
cent due June l. lel3.................. Ico0Y
/ Pai!adclphis. Wilmington and Bati-
more RaEoad per stock Trust
Certificates dr' July l. le1.......... InoSl %
Payment at Maturity OF:
Ten Ycar GC!d Convertible -. ra- crnt
Bonds ........................-i 10 q, m n
River From; Rsilrcad CompAny's I,t
Mortgage 81 pc cent Bonds........ 2tan0 %
Equipment Trust obligations. ot,l 100 OF
u viii shortly bs necessary for the Conrsry IL,
iToride capital for the sc ce,5 Of Ten Yea. Cold
Conversibie ~. Bord' Thic: matured NoEeml.r
ist rHic. rni fC- S.1& coo. of Collateral Trust
Lc.r 81 B,ads d:c June lst IsI: to.,ther With
FEATURING equipment trust oolisa ions and as, for
reT construction vnrE. the extension and improve
nen @; terminals. track and facilit~S s,l tho pIr
chase of cl:ipnsn.. TIE matter is nov rrr,iTirS
careful consideration. int no decision las vet hrcn
reached as to tho form or cXtcn; ~ the proposed
financing
The i.5;c Of Eauipu,en T,,s Securities during TIE
year consistcd Of s. Sc1.WrO1 o. PENNSYLVANIA ten
oral Freight Equipment Trust Certificates Of le,c Of
which the Pennsylvania Railroad Company pro-
inrtion wa> N.512.lN0 There thus furnisled
for the Pennsylvania Rsilruad Comnany sJ s:r-l
undcTfrAn;e and steel h1Grran- refrigerator cars
fos the Pennsylvania Company Loo steel undcrranr
I'D steel fody frame automobile bo1 ears: Tor the
PittsbWEh Cincinnati, 'hicaEn and St Louis Rail
way COMPANY. 500 all steCl coke srndoa cars sai
fer I'll. New York. Philadelphia ard Norfolk Raft
read Company. 500 'tccl underfranc ventilated b,l
cars and 20 steel urderramc sDodoia asyT,-
gate of 5725
During TIE yea the Hnal paymcuts were mad.
under ls series Of cquiTment trr,sts the original
issue of which amounted to sle.og. 90 These ssric.
corcred rs steel underframe hox csrx acs1 r.,-I
hopper zuniole csrs, 6.coo steel underfraIne long
gondoia cars. in service the Pennsylvania Eai-
road: so refrigerator 800 sce hopper eundola
car.. tco steel undcrfrsme long sondola cars s0o
steel fat sih-lfa-cd to the Peur-yanta Com
puny 10 steel undcEfram, box cars 80 steal hopr.r
sondoa cars 20 steel und~-framc long sontloa cars
sulcascd to Tie Pittsburgh. Crcnr att Chicago and
st. Louis Railway Company: 90 steel hopper aop-
dols cars. srb-lcsscd to tSc Cleveland Akrcn and
Cincinnati Railway COMPANY. and Is refrigerator
cars suh-lHnsed 20 the Crard Rapids and Indiana
Railway Company. IepIe eu;ins in all SGD cars
The cars Therefore have become the property @.
the respec:ive ecmpsnics which paid the cost therro.
TIE expenditures for scausition Of rrop.rry during
tSe year mainly 10 cove- additional right os
vsr for new lines elimination OF grade crossings
ard for passenger terminal ard station improvement.
Of Broad Street Station. and other prints in Phi a.
elplis and fo- the cnlars cement and improvement
of freight stations snd yard facilities Hamburg