Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-03-02

tory progress has also been made in e,uip,,ne IN.
49, 80. caIs. many OF which 10 thu. present
steam service. with electric motors and apnsr.,ns
!of which these cars originally d. mel i,
Is Is, therefore, expected operate. The main H.,
inna 1s passenger trains by electricity about
Y is hoped that IN 1915 financial conditions yin
rh,Io do,ht extension Of eiectriacatinn No-rj
.,i.huelphia ana the Chestnut Hill Branch arI
ais" the elimination Of certain Grade Gus sins =,
rard nsansh This would reiev. the track a.
ferrng TO the electric service over a. ira N.
the aaNy schedule now opera.cd bv steam
south OF Washington Avenue and ar vain.
s seas rhadslphia were improved during tho
iarg"ment OF once facilities '
Inc reconstruction of The bridges At Earnest,
North Philadclphia: Hirtsnire, rhss ~ r.
Ion: Auburn and Norrisfown S.hnyIti,i nirisi,n
and at Dornock Point. Pittsburrh Division, wml
! s , during tie year and the bridges
III. The masonry work for the double Track s,.e.
ihetas Jun"tion and Fre-I.,rt mas teau connects,
y. sne snpeTs,rstare l. bling ected; the riig
built. and will be completed in IgI5
On the new ST. track section of The New Yor.,
. wn., hetwcen 'olona and Pay Way tuet
Mes. OF Elizabeth. y. J.. work was continued
curing the year. consisting princinalir OF n,
rta mon OF the fonr original r"nnn- track
ana placed in operate and it is expected tina:
s sns D., ,af, portions will be finished in tho
considerable progress Was made during III,
IN placing the telephone and Telegraph wires
ton Philadelphia. Paoh and from Jersey CIV
% Rah"ar having been completed. The furIp,s..
ments and in the transarton IF the 1 Gonnsoy
business by reason-or the destruction OF oyerhr,d
a,Is nF s.'et and other storms. and also to AVOID
other wires. ~' 49,
~, During the year the nnal link In the automat .
JOE JOE sienni system on your Main line betwae
New York and Pittsburgh was t.,mnI.,ed ~ :.
instaiia ton Of this modern signal system win AID
70 inc SAFETY OF Opera ti"n. and materially aid l.
exIedi'ing train movements
New freight stations were place,g unde- cr
viii he q. aa5Tifnu.T and ALLEGHENY wh
freight facilities at Ei!za'ethiown AIT "m amd
, ksllie are also bein. enlarged to handle a
The Sugar Camp Branch Tyrone Division. ts
shade ,t ..reek Branch. rit'si@rrh is'on. AL
Division were extended to reach new coal one.
,ngs: the frkon Branch extension from bells
Wis to C"wanshure. Pitts urrh Di~ison was
.nni'ieted and branch is being ,ogistructeI
from Gilhert"n to Hnrarnr Plane S,.hn~lk, III
Division. to develop additional rnaI fratfic
work was continued the elmina son Of IRA de
crossings at Homewnod Avenre Pftts',urrh ard
in the Borough Of Wilkinshurr Pittstrryh. a.
which latter point passenger sta ion is
Icing constructed It Is expected thar Ills rrorl
will be completed in 1918
The elimination Of grade CROSSINGS. caan-c ar
Grade ara the erHrtt"" ~ paSsa,grr station
in the city nf Johnstown proceeding hut viii
not be convicted iefore 1915.
The cha ce % line and trade on tae Rapo ,
'iffSi"n at Cameron and Horn. ard the const N
ZION of second track between Cory ami LnyeIl.
lave. been cuinnl"tai
Surveys AMI many Of the rlans have been .o,,-
ulet"d for The new line and the eiiHii'a- ..f
Red ont '"ntlT NV r"nr f"n'an- thu "Hila'!.l
'ha Fillmore a. Washington R,il-oad Comua y
CIV Of Pti'aaclnh'a
Further cons ,i"ra''on given mas for III.
tn ',.,rih sf"n ~ T.'r mar lie "r ssn
~ the .aStern slone 10 on"nIarch. Ito
stone. Nv w'ic' 4 Is believed large operating
aronon'rS cen lie II "tei and the heavy ia
and freight train ryemenis far'li afe.i
IT," aggregate expenditure for Construction aud
F.'"-sn'"rt r'-.n the o-n.- and 'essed lines
sI+ IS Of whic', So rs 90 80 was oh ,-g~l
Cauital Account and III" balance % Income.
Profit and Loss and the Reserve for Additions and
'ett"rInents.
ROAD AND EQUIPMENT : AFFILIATED COM.
The construction Of tie New York Connecting
Railroad was co"t nneh TIE f"un iafions aisi
masoHry Of The Fast River four-traek arch bri,l-t
have been completed thu. track level and the
erection Of tb. steel arch t''af river Is pro
Island and oil ward and Rard,ll's Islands ar
Is" substantially roinpleiei ard favorable prog
ress has been made 81, The remaining sections or
the line. The funds for these -rn"ndi'ures yer;
provided by the sale Of the New York Connecting
Railroad Companys FIRST MORTGAGE Az Ier cent
''onis guaranteed hy y"lr tia,nl,.ny AMI the New
York New Haven Hartford Railroad COMPANY
owners of all the stock Of that Company.
over the Delaware River south of Trenton. Is pro
"ee.iinr This hriis. Is part Of the proposed New
York Division double track r.li. z line known as
thu. PENNSYLVANIA & Newark Ra ;lruad which viii
"1tend from the Yard ar Morrisyille. Pa.
rolonia; y j. distance Of ah"n, % mile~. .her"
Division and will also have branches connecting
with! the Trenton and New York Divisions
Trenton. y. l.
The revision Of the GRADES and aricn",ent and
the construction of additional tracks and passing
Railway between oil City and Burato via eau
tannna. was confirmed drrnc the year. and will
with the improvements on the ALLEGHENY ni'-'sor.
will. when fully comrle;cl. fr"ri-" route
tween t Pittshurrh AMI l:atraIo. over IS miles
shorter than the present route via saiamanrs
Branch and Olean
COAL COMPANIES SECGRrTIES.
The properties of the var'"us anth' lite Coal
COMPANIES served ny yo'r lines. IN the securities
Of which rour Company and the Northern Central
COMPANY we're interested wer" rff-
ella sed by the :s,,-.luc'anna ceai C"upany and a
complete e1a mratnn Of the coal iand-. col ier'es.
plants and facilities OF the latter ompanv md
their operating results. is ,sins made " ex-
neriepced mining engineer and Wv certified pu',l,
accountants 50 that your Company will have the
benefit of this independent survey and r.nort Of
the nronerties to assist in determining the proven
mice that should he received for the securities of
The S,,souehanna Coal COMPANY in the OF
i purchaser being found therefor.
SECURITIES OWNED.
Your Company received a. its pro rata share
II III. stock iydcnd Of ~ per cent OF the North
~ 'A central Railway Company ss23 $50 at
.tork Issue approved by the Public Ser lee
COMMISSIONS OF Maryland and Pennsy lranil and
epr,serts part Of the cost of capital expenditures
aa.,. in previous years for add't ions and betee-
upnts 10 its railroad and equipment.
Cleveland 4 Pitts''ursh Railroad Com any
S,..cial Guaranteed Betterment Sio-k ana uniting
n ,ar TO 3d. 10. 100. sold. and additional
Norfolk and Western Railway COMPANY Common
md Preferred Stock. amounting Al par
i 800, 600. and si.72s.ooo. Of susquehanna Coal
ompany Bonds purchased from the Northern
CENTRAL Railway Company.
he Board.
SAMUEL REA.
President.