Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-03-01

The elimination Of grade crossings and the
constructions Of new passenger station in 10,
Borough of Williamsburg was continued and will
shortly b. completed.
The Turtle Creek Branch. Pittsburgh Division
sion were extended during the year to roach new
coal ,9 "p.nings and the branch from Gilberton 70
Maianoy Plane. Sunhurr Division WAS coma
pleted and placed in service.
The change Of line and grad" between lrrcporfA
i ana Et ann" e, r,G Wa, ns M nraac
senser aud freight stations in tn" Borough or
TIL" shortening and double tracking Of por,.
ton Of m. route bctwrcn Pittsburgh pnd Buf
falo Vim the Allegheny Division and the west.rn
New York and fennsyivania Railway I. nearing
completion. The tunnels a; Wood Ill AMI
kennerdeIl have been rcmpie'ed and placed in I
s"r'i ice and the East Brady tunnel will l"es
finished in the early rsri Of 1915. -sF
The enlargement of The freight facilities IN,
harrisburg and Allegheny continned during tl''
i isis. ana 1t Is eA's'''" "''' he completed IN
Thai part If your siN-tra-ked system on the
View York Division. between c"lorin and BAYS
Way 'iusi west ri Elizabeth. y. ~. as now
comprte,I. Fifteen grade crossings were elm
mated by the elevation Of thu f"nr orig nal main
fro"k. and the two at,liiio elevated track.
ani improved station facilities Mt f;ahway. X.
j. wrre also constructed. :
With The view Of adequately providing for,
psny early in the year a,ailrd Itself OF the "a.
partun!fy I" purchase equipment ia,
tax sfraniaSc Of III" 10" prices prevailing All
that time for labor ami material. 10y ordering
for the Lines Fast of Pittsburgh IA loco
motives: ii1 passenger "ars and ".1ia freigit-
count.
Tn" proposed rlrcirihcaiion Of the Main Liz.
across the Allegheny Mountains. between Al-r
t""ha on The eastern sloI"' aud 'on-ntaugh eli
the western slope. received further ,'"asiiers-
tion. Electric. fraction would facilitate tn.
heavy traffic movement on tids difficult section
of your Main Lin. and effect n >aNing in opers,-
, i.E rHrenses. Out he 'omIanF rrrftr. to o.
in the ~ electric traction for lira,y freight
trains and TO Sc" further expansion Of -
own revenues before procuring the new capital
required for this important project
ROAD AND EQUIPMENT - AFFILIATED
COMPANIES.
1t is expected that the obstruction Of rh,i
New York Connecting Railroad. the connecti'i-
link in New York City. between the Pcnns, ~
vania and NV Haven systems will lie COM
i isi7. and IN 'pefA''"" !" Inc ''F' part %
The masonry work for The double trA,. steel
bridge. over the Delaware River south "f Tr,u
TON for Your Company and the Pennsylvania ana
Nrwark Railroad. was finished during he year.
This latter road will ultimately he '.Nt-ndcd -
Il iwo-sracs line to a connection with g"nr siA :,
track system near Colonin. y J.. disianc,, at
ard Trenton Divisions. in III. city of Tr,.u..r.
on Tie New York Bay l;aiir"ad. at 'ir""Ev,llr.
Yard. New Jersey Division. extensive iinpi.'tt
m-nt> consisting OF additional tracks. y 80, rr,.fI
pier nnd the erection Of tw" ;:"-'"n "t''"ig'i'
England. =,
the elm ton of three grade crossings III
Chestnut Hill Rranrh the cost Of whi"h is 10 10.
a1 c 5%S ny i Work 81 !. ans aa aa
pnratory actively proceeding in 1916 Wit, tbs
phia Via Nor,iI Iirtla.ieiphia to ches,fu Hill
On lii. Northern Central RAILWAY. work wa--
hcsun on the recotls:rnction Of C.iarl,s Strrrt1
Bridge, baltimore. Tn" coal pier and aiJHrrH.
tracks at Canton. Baltimore, also being re
constructed with modern unloading equipment,
for the export coal traffic st that poiai.
on account OF the large Increase in Iir IRA
business of the Girard Point Storage teniians.
the stock Of which is owned 10y your ,nlplLB..
IL was necessary TO advance funds to Tat com
pany to construct additional bins for the ell
nrs m Sntlfh Naffh
l ,OO0. 900 bushels.
ON the Western New York and Penn>yivana
alignment and the construction of additional
facilities between oil City and Buffalo, Wis.
This work, in connection with that along the
Allegheny Division. between Pittsburgh and orl
a large outlay, but the Increasing trnfic and,
the advantages Of the shortened route between
,cnditurr. :.
The total expenditure for Road and Equipment5 |
sa4s7. Of which $40. 5as 762. is WIS charged To-
Income. s5.:7s.1a.sa to Capital Account anu
the balance 10 Profit and Loss.
FEDERAL VALUATION Il
Your Company is cooperating with the Nslua-
ton Division OF the Interstate Commerce Con-
mission in the valuation Of your Lines. The ex-
bursh We're slsa sss aud the ' total e.psnditurss
TO December 31st. 1915, We're sa9:.sfi
RETURN on PROPERTY INVESTMENT.
Attention is directed TO the return che
property investment. namely, the amount ex-
peuded for Road and Equipment placed at the
service of the public by the Pennsylvania Rait,
road Company and its affiliated lines. viz; the
Baltimore and Washington Rail-
road and West Jersey ana Sesshore Railroad
and lines directly operated by them. In Iptf
on total property Investment of 81 .06: i9s 6s..
the Net Operating Income earned MHs equal 10
only S.72 per cent. In 1915 the total PROPERTY
investment was $l.O76. SsS. 236. aud the Net
Operating Income equal TO 4.73 per cent. thereon.
SAMUEL EEA,
President. "
oF THE ANNUAL REPORT COMPLETE. BY
LEWIS NELSON, SECRETARY.
} STREET STATION. PHILADELPHIA PA.