New-York tribune., 1915-03-02

The change Of line snd grade on the
henoyo Dv.ion a. camsron n. and Hon :na
CORY and Lowell. have been oonplsted
Surveys and many Of the plgnf have bssn
completed for the new line All me rs., slinn,ns-
phia to be carried out Jointly BY your Com
pany. the Philadelphia. Baltimore Wash.
IngiOn Railroad Company the Bsltimors 7
ohio Railroad Company, and the CITY OF
Philadelphia
Further consideration was given 10 plans
FOR the future electrifcation ~ your main
line crossing the Allegheny Moun;s.ns. from
Altoona the foot of the eastern slope, 20
Cdlnema ugh. on tho western slope. ~ ~hich
It Is believed large operating economies can
De Effected. snd ne heSyy . passenger ana
The aggregate expenditure for 'onstruction
and Equipment upon the owned and leased
lfnos v.as Sfftsj SOS S. OF which B.075..
6ss 80 vas charged 70 Capital Account and
The balance % Income PROF; and Loss ana
the Reserve FOR Additions and Be,ternenis
ROAD AND EqurPNEST T-AFTiLATED Con-
P8SfEs.
The construction of the New fork C9nhe,t
lng Railroad was continued. The torn iatons
and masonry OF the Fast River f0lr-trelA
arch bridge have teen completed 70 ne rscs rs.s
Lowell and The erection oi ne SCI 1sd,ic,. ana
spUroaches on Long Island ana on Wsri :
arf RandalTs Islands are also subs'sh','lg sui t
completed and favorable progres' - a..
made on the remaining sections OF the une'
To r.n1s for these expenditures were pIo'
,l5ed by fhr sale ~ the New York C0nnec,
INK Railroad COMPANY IS Mo' to,'.s,1
nov cent bonds guaranteed by YOUR LonipSn,
a. tfe Vs0y York New Haven 2 Hartford
ia 'iTo4l Company owners o. al the st'eN
'- .r,,'6r of the double track stesl oriSs
,,...- +r. rll4ware River south ~ trenton,
is r-oe,eIinr This fridge T. nsrt OF u
proposed New YORK Division 1o.ta 1ojo.e =
rsi.g limo known "a rho PennsyVania
Seyya-k Paiiroad which vii extend rom
tho varf A. Morrisvfiie. Pa. % Noiorla' y
distance or about q miles there con,
Meeting sitH tho -iv-track system on taaN
Division. and will 9iso have oranenes ,o..,
meeting Win ne Trenton ans Ne" foi"
Divisions near Trenton y j. .
rbo -avisior Of the grades anf alirrmen,
suJ the construction ~ 3ltitlo7al tracks az
ussalnp s,ding. on The western N-" ~.
i pern4vlvania Railway between Wy '.l,
and Re Talo. VIA Chau'aIqla. was centln.-l
5rring tho wear ans viii Shortly 'f -'.i
pletef Ths Wo.k In ccnnec I.n VIZ tr
improvements on re AleEaenF u. '..'" W., ~.
lower ers .as and with improved allEnricnt
between Pittsburgh gnt l'Nn9lc. over 'N nl''-
shorter thar The present route 'id sasaihah- -
Eranch ara Oloan.
Co.L CoMP.NIFs' SEcrRrrIEs.
,rb, o-,neriies OF the various anthracite
Coal Companies served By vonr lines. ~ -
securitie. ~ which your Com0any and re
Northern Central Railway COMPANY werr IN
,ercst.f veye purchased by the Susquehanns
coal Corrvanv ana = complete eNamlnt,"
of the coal lands roliier'es GIANTS snl "a
pfl .F
o,e,,+i,,, -,-,-f+s e rsfrg rale hy an eN-
peri.nced mining engineer and by cer'iHea
public Accountants. 80 tnaf fonr ,ou'ehf
will have the benefit OF this ndspehdeni SUI
ver and report of the properties 20 ASST m
determining the proper prics that should -
received FOR the securities OF mo snsquera ahhe
Coal Company In the even, of a rurchasd
being found therefor
SECURITIES OwSgD
Your Comrarv received ~ its pro ra'e
share of the stock dividend - - per cef'
~ the Northern Central RAILWAY Ccmnan,.
81 go. $50. AZ par NJ tNe Capital stock ~ tha;
COMPANY This stock issue was approved ~
tho public Service Commissions q Mar 2nl
T ami Pennevivarla. and represents rart ~ the
# cost Of capital expenditures made IN nr'F''H1
years S1r additions and beterf1c1's tp iN
railroad and equipment
C-evei4n! a. Pittsburgh Railroad Co'rnahf
Sr.cI9I Guaranteed He'ternsr' stock. amount
ing az rar % So -24i10 was sold AMI ndoi-
ti0rqf Norfo't AMI Western Rl'lrav CONT
Sr-ci1i Guaranteed Rettorrnent stock. amount.
Inc AZ rar 10 s. 500 0)0 and G1-8oD o.,
Susalehanna Coal Cow-any Bonds were pir-
chased from ths Northern Central RailTat
Company