The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1915-03-02

Philadelphia and the Chestnut Hill Branch. and
40 ne eminasion q ssrtaig grade er!ssiass on
yard congestion at Brzd Street Station. by trans
ferripg to the electric srryice over 60 trains on
Your rier properties on the Delaware River
sslth q Washington Ayruuc and at Walnut Street
the erscti3n Of new sheds and the enhrse1nent Of
The rto1nstnlction Of the bridges at Earnest,
TrentOn Branch: over North Broad street at
SS5h A nb md HEa saSs rsH r
and al Domock Point. Pittsburgh Division. wa.
cOnpleted during the year. and the bridges placed
The ma-ony worn for The double track steel
Tsrs s i%s 5Se an, a frg F sas ' sR ep
and the supcs'ructire i being erected; the bridge
fnlt and Vii he S Samyieted in lbs. Is O"S
On the six-track section Of the New fors
Division. between Colonia and Bay Way. just
ing the year consisting principally Of the elevation
OF the four original running tracks The greater
part # this work has been completed. and placed
in operation. and it is expected that the re-
manning portions will be finished in the sprins
II 1875
Considerable progress made during the yesr
in placing the telephone and telegraph wires under
ground, the section from Broad street Station.
Philadelphia. to PaOu and from Jersey City to
Railway having been completed. The purpose Of
this work is to prevent delays in train movements
and in the transaction OF the COmpanys b'Isi-
ness by reason Of the destruction of overhead
wires by sleet and other storms ana also 10 AVOID
interference By electric transmission lines. and Other
wirrs.
During the year the final link in the automatic
block signal system your Main Line between
New York and Pittsburgh was completed. The
installation of this modern signal system will add
10 the safety Of operations ard materially aid III
exIediting train movements.
New freight stations placed under con
strIction at Harrisburg and Allegheny, which vii!
b. completed in l9l5 The passenger and freight
facilities at Elizabethtnwu. Altoona and Brook
vile also being enlarged TO handle an in
creased traffic
The Sugar Camp Branch. Tyrone Division, the
Shade Creek Branch Pittsburgh Division. and
tne Homer & Cherry Tree Branch. COnemaugh
Division. extended to reach new coal open-
ngs; the Yukon Branch extension from Bells
Mills To Cowansburg. Pittsburgh Division. was
completed. and a branch i being constructed from
G:Ibcrton 10 Mahanoy Plane. Schuylkill Division,
To develop additional coal traffic.
Work was continued on the elimination Of grade
crossings at Homewood Avenue. Pittsburgh, and
in the Borough Of WilkinsbUrg. Pittsburgh. al
which latter Point a passenger station is being
constructed 1t is expected that this work will
Re completed in 1915.
The elimination of grade crossings change O.
grade and the erection Of a new passenger station
in the City Of JohnstOwn is procsedins, but will
not be completed before 1916.
The change Of line and grade on the Remove
Division at Cameron and Horn, and the constT1c-
ton OF second track between CORY and Lowell,
have been completed.
Surveys and many Of the plans have been COM
pleted for the line and the elimination Of
grade crossings in South Philadelphia; to ne car
ned out Jointly by YOUR Compsny. the Philadel-
y,his Baltimore 4 Washington Railroad Company.
the Baltimore * Ohio Railroad Company. and tine
City Of Philadelphia.
Further consideration given TO plans for the
future Identification Of YOUR main line crossing the
Allegheny Mountains. from Altoona, the foot Of
the eastern slope TO Conemaugh, IN the western
slOT by which it is believed large operating econ
oIEies be effected. and the heavy passenger
and freight tTain movements facilitated
The aggregate expenditure for Construction and
Equipment upon the owned and leased lines was
81. .is5 S9sS of which S,G6.0sSs0 was charged To
Capital Account and the balance TO lncnme Profit
and Loss and the Reserve for Additions and Bet
terTnents-
ROAD AND NT-AFFTLIATED COM
PASIES.
The construction of the New York Connecting
Railroad continued The foundations IIEd
masonry Of the East River fOur-trac& arch bridge
have been completed to the track level and the
erection Of the steel arch that river - proceed
ing. Its viaducts and approaches on Long Island
auL on Wards and Randall's Islands are also
substantially cOmpIetsi and favorable prOgTess.
has been made the remaining sections OF the
line. The funds for these EXPENDITURES were pro
vided by the sale a the New York Connecting
Ksilrcad Company,s First Mortgage ~ PER cent.
binds guaranteed by your Company and the New
York. New Haven x Hartford Railroad Company,
owners Of all the stock of that Company.
The erection OF the double track steel bridge
the Delaware River south Of Trenton, IS
cesdinE. This bridge is part Of the PROPOSED New
YORK Division dpub!e-traCk relief line known as the
Pennsylvania 4 Newark Railroad. which will cx-
tend from the Yard MprrisTile, Pa. Colnnia.
y. j. distance Of about 40 miles, there connecting
with the six-track system that Division. and
will also have branches COI.necng with the Trenton
ard New York Divisions nea, Trenton. y. J.
The revision of the grades and alignment and the
construction Of additional trac%s and passing sid
inGs on the Western New York Pennsylvania
Railway between OIL City and Buffalo. via Chan
taUQua, continued during the year. and will
shortly lie completed. This WORK in connection
with the inprOvtuleT the Allegheny Division.
lower grades and with improved alignment De
TWEEN Pittsburgh and Buffalo over $ miles
shorter than the present route via Salamanca
Branch and Olean.
COAL COMPANIES SECURITIES.
The properties Of the various anthracite Coal
of which your Company and the Northern Contra,
Railway Company Interested uUr
chased by the Susluehanna Coal Company. and
complete examination If the coal lands, cOlheries.
plants and facilities Il the latter Company JHd
their operating results. is being made lg
T~Tiencd mining engineer AMI by certified public
accountants. that your Company VIII have he
benefit Of this indsTendent s'TT,ey and report Of
the I-oIcrtics to assis. in determining the proper
Irica that should IL received for the eeT7riticS 4
the Susguehanra Coal Company in the event Il
a purchaser. being found therefor.
SECURITIES OWNED.
Your Company received its pro rata shan.
Of the stock dividend Of 70 per cent o the Nur:,l
EN- Central Railway Company, S.S9 80. 1t
par Of the Capital Stock Of that COMPANY. This
stock issue was approved hy the Public Seryise
Commissions Of Manila and PENNSYLVANIA. anil
T, prcssnts Tart Of the Of capital expenditures
made in previous years for additions and better
menfs TO its railroad and equTmeut
Cleveland x Pittsburgh Railroad Contrary
Special Guaranteed Retirement Stock aIn0mtiug
at par to S.79io0. was sold and additional
Norfolk and Western Railway Company CCmnUl.
and Preferred Stock amounting ri par 70
s. 5000 and Sl.76C0G. If SIsluehanna al
Company Bonds purchased from tine N0rthrrn
Central Railway Company.
the Board.
SAMUEL REA.
President.