8
HOUSE IN FAVOR
OF THiRD JUDGE
Nissley Bill Affecting
Local Bench Passes
Finally in the Lower!
Branch
GOES NOW TO
THE SENATE
General Appropriation Measure Is Pre-1
seated Carrying a Total of S4H,-
853.722, of Which State Highway
Department Asks $11,418,100
______
The Nisslev third judgeship bill fori'
Dauphin county was passed finally in : |
the House last uight by a vote ot' 16i> • ]
to 17, and will now go to the Senate, 1 '
"where Senator Beidleman, who is said! '
to favor the measure in its present '
form, will act as sponsor for it. Sen
ator Beidlenian 's third judgeship bill,
introduced in the Senate last session,,,
was not acted on.
Mr. Garner, of Schuylkill, attempted!
to.start an argument on the bill bv say- j !
lag he read in a Harrisburg paper that ' i
* third judge was not needed in this i i
county. Representative Nisslev came to
the defense of his bill with an argu- i
ment designed to show the present
juices of Dauphin county have too
much work to do.
A resolution introduced by Mr. Cro- 1
•tier, Allegheny, to fix March" 17 as the '
last day for introducing bills, was laid j ;
•ver. | i
Governor Brumbaugh's action on the (
deficiency bill, from which he cut S9S,- | '
SOO, was sustained. IST to 2.
A resolution by Mr. Wood-ward, A 1
PAIN CONE ! RUB
SORE, RHEUMATIC
ACHING JDINISi
Rub Pain Away With a
Small Tiial bottle of !!
Old "St. Jacob's Oil"
Stop "dosing" Rheumatism.
It's pain only; not one case in fifty I c
requires internal treatment. Rub j '
. toothing, penetrating "St. Jacob's Oil"
light on the "tender sjKit," and by the '
time you say Jack Robinson out 1
comes the rheumatic pii. and distress.
"St. Jacob's Oil" is a harmless rlieuma- !
tism liniment which never disappoints i i
ami doesn't burn the skin. It' take- 1
pain, soreness and stiffness from ach- '
ing joints, muscles and bones; stops j
sciatica, lumbago, luekache and neu- ,
ralgia. '
Limber u{>.! Get a small trial bottle I 1
or' hcne«t "St Jacob's Oil"
-from any drug store, and in a mo 1
ment. von'll be free from pains, ache- '
■nd stiffness. Don't suffer! Rub j 1
r*"*nmatisn away.—Adv.
FIGHTING FORTS IN TH
" I |
[ I V ;|A
' '>'• -IP
:V. |:'J
THE CORNWALL/5
Among the war ships bombarding the forts of the L> aiuunelies 10 force a way to Constantinople Is the British
battle ship Com wall is. She is a battle ship of 14.000 tons normal displacement. 418 feet long, with a draught of 27%
feet. launched in Ju'v. 1901. She carries four 12-inch and twelve tt-lnoh guns and has four submerged torpedo tubes.
Her speed is 19% knots. In the illustration above she is "taown firing a broadside.
_____ HARRISBTTRO STAR-INDEPENDENT. TUESDAY EVENING. MARCH 2. 1915
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Name
Street ..._
City State
leyheny. for the chairmen of the Ap
propriation committee and five mem
bers of each house to investigate pub
lished charges against certain Allegheny
institutions, was laid over on objections
by Mr. Garner.
The general appropriation bill, to
carry on the State government for two
years, was introduced by Chairman
Woodward, of the House Appropria
tions committee. It is made up from
the estimates made by heads of depart
ments. which will be considered by the
committee when the bill is referred
to it.
BUI Carries 1110,955,7:22
The total carried is $46,9*53,722.42,
the largest ever put in a preliminary
bill. The Highway Department asks
$11,448,100, of which $6,000,000 is
for maintenance and $3,000,000 for
State highway construction and other
highway expenses. Schools are given
$15,000,000 and the Health, Labor and
Industry, legislative and other depart
ments are down for large sums.
Provision for refund of any increase
in the price of coal which may have
been paid to any producer of anthracite
coal because of the anthracite tax be
ing refunded in the event of the act be
in; declared unconstitutional is made
in a bill introduced in the House by
Mr. Garner, Schuylkill. The payments
are to be made within one year after
the act is declared unconstitutional, if
it should be, with lawful interest. Per
sons entitled to the increase are to file
claims within six months, and suit may
be brought to enforce ,\-di. -tion. If an
accounting is not made by ci il nroduc
ers in a year the Attorney Oeu. :il may
bring suit on behalf of the State.
Other Bills Offered
o.her bills presented were:
I.andis, Montgomery, requiring all
persons, except dealers desiring to earn
er possess deadly weapons to secure
permits from District Attorneys.
Nisslev, Dauphin, prohibiting sprink
ling paved streets in any cities between
6 a. iu. and 7 p. in.
Ostran(ler,» McKean, appropriating
$62." >0 for State aid to agricultural
exhibitions.
Nisslev, Dauphin, requiring all plans
and materials for construction and
burial vaults to be approved by State
Commissioner of Health or his officers,
and providing for State inspection.
Yi kerm ail, Allegheny, taking from
the Public Ser\ice Commission jurisdic
tion over puVi utilities in counties,
municipalities and townships.
Whitaker, Chester, appropriating
$75 1 0,000 for constniction of armories
| and $129,945 for maintenance.
| Walton, Lawrence, appropriating
$240,320 to reimburse counties for
I payment of bounties on noxious ani
mals.
Powell, Lnnerne, increasing mine in
fections in first and second anthracite
districts.
Kunkle, Monroe, est-ablishiing a bu
reau of poultry in the Department of
Agriculture.
Dunn, Philadelphia, authorizing the
j Governor to name a commission of ten
for an annual celebration of Independ
ence Day in Philadelphia, and appro
priating $20,000.
Davis, Lackawanna, increasing pre
j emptory challenges from six to twelve
in cases involving election frauds and
jury tampering.
TEACBERS'IMENT
BILL BEFORE SENATE
Senator Tompkins Introduces Measure
Providing for Creation of a Pension
Fund—No Action Last Night on
Deficiency Bill Veto
I Governor Brumbaugh's veto of the
measure providing for an increased
number of employes iu the Senate and
House reached the Senate last night,
but no action was taken. After it was !
read Senator Sproul moved that its con-j
sideration be postponed for the present,
which was agreed to, and it was said ,
last night that it is possible that noth
ing further will be heard of it.
Senator Tompkins introduced a teach
ers' retirement bill which provides tor
the retirement of superannuated or in
capacitated public school teachers wiieu
they have reached the age of 70 or
have served twenty years in the
schools. A pension fund is to be ere-1
ated by setting apart a certain per cent.;
of each teacher's salary. Teachers in
all parts of the State have asked that
should such a measure be introduced
they be given a chance to be heard in i
its support.
Senator Martin, of Cumberland, in
troduced a bill appropriating $15,000
for the maintenance of Carlisle hospital,
and Senator Hoke one for $5,000 for
the G. W. and Agnes Hoffman Orphau
age, Littlestown, Adams county.
Senator Magee, of Allegheny, asked
for $600,000 to complete the new peni
tentiary in Centre county and $400,000
for the Western Penitentiary, while
Senator Patton asked for $i,760,000
for the University of Pennsylvania.
Adams county wants a state road
from a point on the Taueytown road. I
by way of Barlow, to the Maryland line,
a bill being introduced to that effect ;
by Senator Hoke.
Under a bill introduced bv Senator!
Thompson women can work only a maxi- j
mum of 63 hours a week in hotels.!
boarding houses and restaurants; girls!
under 18 must not work before 6 a. mJ
or after 9 p. m., and during every six!
hours work there must be a rest period
of 45 minutes. There is a fine of $25 j
for violation of the law.
None of the more important of the
gubernatorial nominations now in the
hands of the Committee on Executive
nominations was reported out owing to'
the absence of Senators Crow, Vare and
MeNichol in Florida, but a number of]
notaries were confirmed and the Senate
adjourned to meet this morning at 10 ,
Governor Names a Judge
Governor Brumbaugh last night sent
to the Senate the appointment of Wil-,
liam 11. Shoemaker to be judge of Com- j
moil Pleas Court No. 1, Philadelphia, j
vice John L. Kinsev. deceased, and the
name of Ignatius J. Horstmann, of |
Philadelphia, to be inspector of the!
Has tern penitentiary vice Robert A. j
Balfour, decea<ed. Both nominations
were referred to the committee on ex- j
ccutive nominations.
„ 5fo»«l Street Station. Philadelphia. Pa.. February 24th. tPIK.
"SM? of. Directors herewith submit to the Stockholders of The Penn
s\l\anla Hallroad Company a synopsis of their Annual Report for the year 1914:
„ ~ CONDENSED INCOME STATEMENT.
Railway operating revenues, JIKI.IS4.S2': 32
Railway operating expenses ; ».... 158.8U.872 07
Net revenue from railway operations $42,388,150
Railway tax accruals $7.481.892 52
Uncollectible railway revenues 11 SIS 24
Railway operating income $35,094,944 49
Non-operating income:
Income from securities, accounts and sinking
and other reserve funds. $11,341.800 65
Kent income, etc 2,855.478 2S
1 ■ 16.6H7.278 93
Gross income i $51,792,223 42
I Deductions from gross income 17,701.458 60
Net Income $31,090,784 82
Disposition of net Income:
Income implied to sinking and reserve funds. $1,785,242 85
t»H ldend of six per cent L 9.952.156 00
Income appropriated for road and equipment, im
provements. e-tc ... . 2 "30 535 64
Balance transferred to credit of Protl: and I«oss. $128.000 33
Operating results of Pennsylvania Hallroad Company and Northern Central
Hallway Company for the year ended December 31st. 1914, compared with the
year 1913.
The lease of the Northern Central Hallway having become effective, the
revenues and expenses from the operation of its lines aie Included In the above
Income statement from July Ist, 1914.
I ror tin- purpose of proper comparison, the statement below shows the com
bined operations of your lines and of the Northern Central Hallway lines for
the entire year 1914 coiivpa tri with similar operations for 1913.
Comparison with 1913.
1914
Increase. Decrease.
Railway operating revenues $'.87,251,852 23 $17,828,261 23
Hallway operating expenses 14 1,292,21; 91 13,705,175 10
Net revenue from railway operation $42,959,608 31 $1,123.056 13
Railway ti>x accruals. ...$7,889,523 47 $151,330 42
Uncollectible railwav reve
i »ues " M.riS 21 $11,313 24
$7,700.558 71 $140,017 18
Railway operating Income $37,258,771 60 $3,983,068 95
CONDENSED GENERAL BALANCE SHEET
Decou t> r 3ls:. 1914.
ASSETS:
Investments:
Investment in road and e iu'.pment $481,553,513 69
Improvements on leased railroad property since June 3010, 1907. 16,294,103 39
Sinking funds (. 2.309,427 30 |
Miscellaneous physical property 2.0:6,833 23 j
Securities owned a;vd advances to affiliated companies 3*0,493,097 97
Current assets ti7,..»9,i84 iu !
Deferred assets. Including Insurance and other funds. 28,952 9:3 111
Unadjusted debits 2.223,373 63
$951,463,056 96
LIABILITIES.
Capital stock $499,203,600 00
Premium realized on Capital Stock from January Ist. 19j9 7,254,247 63
Bonded debt and other obligations 236.951.612 73
Current liabilities 33.743.697 79
Deferred liabilities 187,774 13
Unadjusted credits including accrued ;sses and depreciation
reserves 29.2i1.093 63
Corporate surplus: ,
Additions to property through Income and surplus since June
30th, 1907 73,184,541 S7
Miscellaneous fund reserves 32,426,820 49
Sinking fund reserves, etc 5,412,283 22
Protit and loss, 31,877,355 47
_______ $951,463,056 96
' The operating revenue of all lines
easi aivl Wist of Pittsburgh for the
»pi .... , , - , . , , y«ar 1814 was $354,41 - -,996.34.' operat
,L «l ' e ff t 0 V 8 >° f , r .? e! * lu ins expenses $258,503.507.54. and operat
pif.y f,_sy ... f i®'" divisions east of j, „ i nco .i.c $65,609,188..>0. a decrease in
fjj Si*l .,! " r riu -•■> vns J"'*~ operating ie\enue. compared with 1913,
n»J •»?«%* C i 2 I'-'>>• Of 535.022.917.71. and a decrease in op-
Sn 't 16 ! crating income of $5,373,832.58. There
ner pent " tciejSl ' 1.903,9j1, or ..»U were 313.983,414 tons of freight moved
pei tent. 01 -, ,he entire system, being a decrease
of 58,039.716 tons, and 183.031.295 pas
sengers carried, a decease of 1,463.150.
GFXERAL RF.MARKS
Mileage.
The increase in the mileage of t'.:o
lines directly operated was hie chiefly
to the l?ase of tlie Nor;her'i Cential
Railway,
Income Statement.
Business conditions 011 your liner. as ,
well as on other railroads, were unsat- j
lsfaetory In the year 1911. The total,
operating revenue show n decrease of
5.69 per ctnt., compared with 1913.
chiefly in the freight and passenger;
traffl ■. arising from unfavorable co'n
mercUil and :inan.ial conditions, which
in the last live months of the "yea:
Wete accentuated by the European War.
The gross revenues a id expenses in
clude. since July 1, 1911. the operations!
of the Xorthern Central Lines under the
lease to your company, and they also j
include, in accordance with the revised
Classification of Operating: Revenues 1
and Expenses of the Interstate Com
merce Commission, effective since July
1. 1914. the results from Auxiliary Opel - ■
ations. for whie.i separate accounting
was previously required.
Express Revenue shows a decrease 1
due to a reduction in express rates,
and by reason o: the operation of the j
Parcel Post. This will require some ,
equitable adjustment of the contract |
with the Express Company, and offsets
to some extent the increase in Mail
Revenue.
Mail Revenue increased as a result of
the quadrennial weighing, effective July
1, 1913. The manifest unfairness of
weighing the mails, including the grow
ing parcel post, only once in four years
deprives the Company of revenue for •
the increased weights cairied each year'
and should be remedied by an annual
weighing and an annual adjustment of
pay.
The total Operating Expenses de
creased 8.67 per cent., chiefly through
enforced economies required by the loss
of revenue and tiamc. These wore
effected by a reduction in the use of I
materials and supplies. In the work- 1
ing forces of all departments, and in
train and car mileage, and by deferring
other expenses, but having in view at !
all times the preservation of the safety
of your tracks, equipment and facili- |
ties. The increases in wages of en
ginemen. firemen, conductors, and train- !
men, under the Wage Arbitration:
awards, and other consequent wage ad- |
justments, and the expense of comply
ing with legislative enactments, pre- I
vented still further savings in ex- j
penses.
Railway Operating Income shows at
decrease of $3.087,538.68, compared with
the results of the lines operated by |
your Company in 1913, but if the figures j
for 1913 used in comparison had also j
included the operations of the Xorthern
Central Railway for that year, the Rail- I
way Operating Income for both Com- j
panies would have shown an aggregate 1
decrease of $3,983,068.95.
The X'et Income for 1914 was $34,090,-
764.82, a decrease of $7,830,067.97. com
pared with the previous year: from'
which appropriations were inade to .
Sinking and other Reserve Funds: cer
tain ■ necessary additions and bettor- j
ments were provided; cash dividends !
amounting to six per cent, were paid j
on your Capital Stock; and $123,000.53 .
was credited to Profit and Loss account. |
The latter account has also been cred- j
lted with $5,689..179. the par value of.
the Northern Central Railway Company •
stock received as a 40 per cent, divl- \
dend and the cash dividends accrueu i
thereon since January Ist. 1911; the'
extra cash dividend of 10 per cent. 1
amounting to $1,057,720, received 011 '■
your stock holdings in that Company; |
also the proceeds received from the |
Manor Real Estate and Trust Company, .
which is owned by your company, re
sulting from the sale, to the Susque- I
hanna Coal Company of coal lands for- ■
merly leased to the Mineral Railroad
and Mining Company, amounting to
$670,368.98 and with profits from sales
of securities and sundry credits. Against
this account has been charged s3.lSu.-
031.38, representing construction anJ
real estate expenditures on long term
leased lines especially the United Xew
Jersey Railroad and Canal Company
and Harrls'burg, Portsmouth, Mt. Joy
and Lancaster nallroad Company, the
net income of your Company not being
sufficient to provide the same; advances
to Branch Lines for similar purposes,
which were unable to meet the same out
of (heir own resources, and advances for
interest on, and retirement of, water
trust certificates and expenditures on
your water supply system; also the
rental and leasehold settlement of the
Xorthern Central Railway Company in
the adjustment of the accounts under 1
the lease from January Ist, 1911, involv
ing a charge of $1,343,510.83, so that the
net amount credited to Profit and Loss
account during the year was $2,850.-
174.81.
Legislation.
Tlie increased scope and great bur
den of the duties and responsibilities
Imposed upon the Interstate Commerce I
Commission should now be followed by
the amendment of the Federal laws
from which its authority is derived.
The Commission should be definitely
empowered by specific provisions in
I these laws to strengthen the railroads,
f'tpon which the welfare i>f the Coun-
I
I try so largely depends, so as to en-
I coinage t: e investment of private cap
ita; for the expansion of their facili
ties and scivices, and the preservation
if :!uir c.edlt.by means of reasonable
rates which will accord with the high
er costs and bin ('ens placed 011 them
in ccmplylng with statutory requlre
m.r'.j r.nd governmental awards and
j regulations. Ihe Commission should
be enlarged am -o organized as to be
able to r.eal i rimntlv with the impor
tant railroad questions which under the
existing scvenie of government regula
tion.'in. :_t 1 c nis.del cd by it. The po
sition of a Commissioner should lie
placed beyond politic..l influence by a
long ten re of office, and the compen
sation should l»e sufficient to attract
an! rtt.ihi men of the widest experience
and greatest ability. The regulatory
j power of the Commission should be
I clearly extended to the supervision and I
: control of all rates and practices whie.i >
diectly or .eniotely affect interstate]
transportation of commerce, and should '
include power to maintain a jate struc- |
tare approved by or satisfactory to it, 1
even t.icngh to accomplish this it should
; bt t.ecessarv to prevent reductions of !
( rates or to compel advances of rates j
1 lou id by the Commission to be unrea- '
| souably low. An unreasonably low rate (
i isuy be beneficial to some one or more I
1 snippets, but the rates of some other,
shippers are sure to be disadvantag
eously afTected thereby. The services 1
'of the Commission should be made |
available to remedy the concededly in
adequate revenues of the railroads for ;
the transportation of mails and Parcel !
Post, and tiie powar of Commissions. 1
; w !ate and Federal, to suspend Increases i
in rates should be limited, so as to pre- I
vent loss of revenue to the railroads!
, during the suspension of rates sul>se- j
. quently determined to be reasonable. .
j increases in wages and other, burdens i
which seriously enlarge railroad ex- !
p- use? should not be Imposed by legis- j
1 lai.on, or through awards of Govern- I
■ mental bodies, unltss the ability of I
' '-e 1 aiiroaris to pay the same under the
rate shedules then in effect is clearly I
apparent, or unless toe Interstate Com-!
merce Commission is prepared to ap- !
prove of increases in the rate schedules j
that will enable the railroads to meet I
the same without impairment of their)
; credit or efficiency.
• Weak railroads are among the great- I
I est obstacles to business enterprise |
and commerce, and the country will j
j have too many weak railroads unless a 1
I constructive and equitable policy of |
1 public regulation Is practiced, not'as a 1
' palliative, but as a permanent public
and business necessity.
1 The railroads are still burdened with 1
| the needless expenditure required to :
j comply with the so-called Full Crew
I Laws, which are actually Extra Crew
; Laws. The principal requirements of j
|taese laws, which vary somewhat in
1 tile different states, aie in substance
- that every freight train of more than j
thirty curs must have a second brake- j
: man in addition to the regular crew
' of engineman, fireman, conductor, one
: leguiar brakeinan a.id a flagman: every
: Passenger train having four or nrtore
coaches—this term covering Pullman I
land dining cars as well—and one bag
; gage car, must have an extra brake
• man in addition to the regular full
| crew consisting of engineman, fireman,
j conductor, baggageman and brakeinan,
I this not to include train porters and i
; Pullman employes: every train compos
| I'd of four or more passenger, mail, or
j express cars, empty or loaded, must
I have a crew of engineman, fireman,
j conductor and two brakemen, even
; though no passengers are carried.
I It is estimated that this law lias
I added over $1,000,000 per annum to the
• Operating Expenses of the Pennsvlva
! ma System East and West of Pltts
i burgh, and this enforced expenditure is
i a pure economic waste, because it does
. no; I net ease the safely or efficiency of
• | operations. This amount could have
1! been spent to far greater ai,.antage in
:• tile imp. ove.neni ot roadway and equip
ment, and in giving increased empiov
n.ent, from which the public and ern
, ployes would have received real ben
■ll . Arbitrary laws requiring arldition
! al men 011 trains without regard to me
I necessity for their services, impose a di
, reel and unnecessary burden on the
: 1 public and tiie Company. Such laws
1 tend to weaken the working discipline.
I and from the standpoint of the em-
I ployes not only impair the ability of
•, the Company to continue to pay tne
■ I present rates of wages to that great
I body of employes wnose activities afe
II needed, but also to delay promotion.
11 Your Company has, therefore, joined
1 with other railroads in appealing to the
•'public for their co-operation in secur
ing the repeal of tills unwise and waste
-1; ful-legislation. The Management request
1 the SiOck anu bondholders and the em
ployes. in their own Interest, to sup
poit this movement.
Traffic.
The tonnage decreased 12.83 per cent.
1 and the tonnage mileage decreased 11.67
' per cent., due to the general restriction
' of business, hut freight train mileage
> was also reduced 13.87 per cent. The
. reduction in passenger business is re
' fleeted in the decrease of 2.30 per cent.
1 in the number of passengers, 4.31 per
, cent. In passenger mileage, but passen
ger train mileage was also reduced 4.73
per cent. The net revenue per ton mile
shows a slight Increase, but the net
revenue per passenger mile shown a
lurge decrease.
Capital Stock and Funded Debt.
The capital stock was Increased $31,-
850 through the conversion of that
amount of receipts Issued under the
stock allotment of 1913.
The Funded Debt and Equipment
Trust obligations show a net decrease
of $7,080.879.3.V.
It will be recalled that at the last
annual meeting the stockholders ap
proved of the creation by the Hoard of
Directors of a General Mortgage so that
the Company might have a broad basis
for future financing. This mortgage
has not yet been recorded, and no bonds
can be issued for any, purpose thereun
der without the urlor consent of the
stockholders, whlcn has not so far been
requested. The Company will refund
$86,827,000 of Convertible Bonds, ma
turing October Ist. 1915. and other ma
turing obligations, and it must also
provide for other necessary corporate
purposes such as additions and better
ments to its railroad and equipment.
Since the close of the year It therefore
sold 149,000,000 Consolidated Mortgage
4<* per cent. Bonds, bearing date Feb
ruary Ist, 1915, realizing n price slightly
In excess of par. a satisfactory result
under existing conditions. Including
, the Issue recently made, the total
i amount of bonds outstanding under the
Consolidated Mortgage is almost $ 100,-
000,000, which is the maximum amount
that can at any one time be Issued and
outstanding. In view of the creation
of the new General Mortgage It is deem
ed advisable that hereafter the Consoli
dated Mortgage should be closed, and
no further issues of bonds made there
under.
This issue of Consolidated Mortgage
Bonds was made under the authority
conferred by the stockholders in March,
! 1909, when an increase of the bonded
indebtedness was authorized to the ag
gregate amount of $80,000,000 for the
purpose of meeting the Company's re
quirements ill 1909 and 1910. As such
requirements were met through an Is- I
sue of Capital Stock only $49,000,000 of
the authorization then made has been
utilized, so that the Company Is still
possessed of authority to Increase the
indebtedness to the extent of $31,000,-
000. The latter amount will not be suf
ficient to meet the balance of the re- .
funding and other requirements for 1915
as above stated, and the stockholders, ,
pursuant to notice duly given, will at J
the forthcoming annual meeting
be requested to consent to an
increase of the indebtedness to I
the extent of $40,000,000 so that j
with the pre-existing authorization the
Company may be possessed of authority j
to increase its indebtedness to the ex
tent of $71,000,000. and the Board of Di
rectors desire authority to make such
Increase through the Issue of bonds se
cured either by the new General Mort
gage or otherwise, or by the Issue of
other obligations of the Company In
such form, at such times, and oil such
terms and conditions as shall be deemed ,
to be most advantageous but not in ex
cess of $71,000,000.
Koad and Equipment.
The following statement of improve
ment work carried on by your Company
during the past year of unfavorable
commercial and financial conditions Is
an evidence that, while every effort was
made to enforce economies in the oper
ations of your lines, because of the
reduced volume of business, your Com
pany, desiring to stimulate traffic, to en
courage business activity and take ad
vantage of lower prices, continued s
fairly active improvement program I
throughout the year.
The work on the improvement of the
passenger facilities in and around Phil- I
adelphla was continued. As a result, the
five-track reinforced concrete and stone ,
arch bridge of the Connecting Railway
over the Schuylkill River at the Glrard
Avenue entrance to Fairmount Park has
been completed and placed in operation
and the old double track bridge re
moved; the work at North Philadelphia,
has been flnfched with the exception
of remodeling the passenger station.
For the expenditure made for this and
other work along the Connecting Hall
way, your Company will be repaid
through the issue of securities of the
Connecting Railway Company.
The electrification of the Main bine
from Broad Street Station, Philadel
phia, to Paoli. is progressing rapidly,
and without seriously interrupting the
traffic. The work from Paoli to West
Philadelphia is almost completed, in
cluding the sub-stations and the re
maining section of the electrification
into Broad Street Station is being ac
tively prosecuted. The new beam-light:
signals are in operation between Over
brook and Paoli. Satisfactory progress
has also been made In equipping the
! steel cars, many of which are now In
I the present steam service, with electric
motors and apparatus, for which these
| cars were originally designed. It Is,
i therefore, expected to operate the main
! line suburban passenger trains by elec-
I trieity about June Ist. 1915.
; It is hoped that In 1915 financial con
; dltions will permit the extension of
! electrification to North Philadelphia and
the Chestnut Hill Branch, and also the
, elimination of certain grade crossings
I on that Branch. This would relieve the
track and yard congestion at Broad
j Street Station, by transferring to the
electric service over 60 trains on the
I daily schedule now operated by steam.
Your pier properties on the Delaware
j River south of Washington avenue and
lat Walnut street, Philadelphia, were
I improved during the year by the erec
j tion of new sheds and the enlargement
| of office facilities.
i The reconstruction of the bridges at
Karnest, Trenton Branch; over North
; Broad Street at North Philadelphia;
i llighspire, Philadelphia Division; Au
burn and Norristown, Schuylkill Divis-
I ion, and at Dornock Point, Pittsburgh
| Division, was completed during the
1 year, and the bridges placed in service.
The masonry work for the double ,
track steel bridge over the Allegheny
■ Itiver between Kiskiminetas Junction I
■ and Freeport has been completed, and [
i the superstructure is being erected;
j the bridge at Phoenixvllle, Schuylkill
| Division, is being rebuilt, and will be
completed in 1915.
' On the new six-track section of the
I New York Division, between Colonia
j and Bay Way, just west of Elizabeth,
j N, J„ work was continued during the
I year, consisting principally of the ele
| vation of the. four original running
j tracks. The greater part of this work
has been completed, and placed in oper
-1 atlon, and it Is expected that the re
By order of the Board,
SAMUEL RE A.
President.
STOCKHOLDERS MAY OBTAIN COPIES OF THE ANNUAL REPORT COM
PLETE. BY APPLYING TO Oil ADDRESSING
LEWIS NEIbHON, SECRETARY,
• BROAD STREET STATION, PHILADELPHIA, PA.
Soeks Aid For Local Charities
j Local appropriation bills wore intro
| duced in the House last night as fol- '
| lows:
Mr. Nissley, $3.0-00 for maintenance
j of the Messiah Rescue and Benevolent j
Home.
I Mr. WiMnian, $7,000 for maintenance i
and SIO,OOO for new building for the
Xursev Home, and SB,OOO for mainte- ;
nance of the Children's Industrial;
I Home.
Provides Help of Prosecutors
Representative Swartz, of Dauphin j
! county, introduced a bill in the House j
j last night to permit District Attorneys |
I in counties of more than 100,000 popu-i
I lation to employ stenographers. This,
! act amends one relating to counties
I whose papulation is from 110,000 to,
j 250,000.
Reasonable
' Lord Ksber, who when president of
the English court of appeal used to {
keep up a running fire of chaff on i
learned counsel, sometimes got .a Ro- j
laud for his Oliver, as when a young
barrister in the course of argument!
stated that no reasonable person could
doubt one particular proposition.
"But I doubt it very much," said:
the judge.
The youthful advocate, not one wtiit;
abashed, replied, "I said no reasonable
person, my lord."
The master of the rolls could only I
gasp, "Proceed, sir, proceed."—London j
Express.
IT PAYS TO USE STAB
INDEPENDENT WANT ADS.
maining portions will be Mulshed In the
Spring of 1915.
Considerable progress was made dur
ing the year in placing the telephons
and telegraph wires underground, thu
section from Broad Street Station. Phil
adelphia, to Puoli, and from .lersev City
to Railway, having been completed. The
purpose of this work is to prevent de
lays in train movements and In the
transaction of the Company's business
by reason of the destruction of over
head wires by sleet and other storms,
and also to avoid Interference bv elec
tric transmission lines, and other wires.
During the year the final link In ihe
automatic block signal system on vour
Main bine between New York and Pitts
burgh was completed. The Installation
of this modern slgnul system will add
to the safety of operations and materi
ally aid ill expediting train movements.
New freight stations were placed tin
der construction at llarrlshurg and Al
legheny. which will be completed In
1915. The passenger and freight facili
ties at Elliabetlitown. Altoona and
Brookville i\re also being enlarged to
handle an increase traffic.
The Sugar Camp Branch, Tyrone Di
vision, the Shade Creek Branch. Pitts
burgh Division, and the llonier and
Cherry Tree Branch, Conemaugh Divis
ion, were extended to reach new coal
openings, the Yukon Branch extension
from Bells Mills to Cowansburg. Pitts
burgh Division, was completed, and a
branch Is being constructed from Gll
berton to Mahnnoy Plane. Schuylkill Di
vision, to develop additional coal traf
flc.
Work was continued on the elimina
tion of grade crossings at ilomewonil
Avenue. Pittsburgh, and in the Borough
of Wlikinsburg. Pittsburgh, at which
latter point a new passenger station
is being constructed. It is expected that
this work will be completed In 1915.
The elimination of grade crossings,
change of grade and the erection of a
new passenger station ill the City of
Johnstown is proceeding, but will not
be completed before 191 ii.
The change of line and grade oil tile
Renovo Division at Cameron and Horn,
and the construction of a second track
between Corry and Novell have been
completed.
Surveys and many of the plans have
been completed for the new line and the
elimination of grade crossings In South
Philadelphia; to be carried out jointly
by your Company, the Philadelphia, llai
timore and Washington Railroad Com
pany, the Baltimore and Ohio Railroad
Company and the City of Philadelphia.
Further consideration was given to
plans for the future electrification of
your main line crossing I lie Allegheny
Mountains, from Altoona. the foot of tUo
eastern slope, to Conemaugh, on the
western slope, by which it is believed
large operating economies can be ef
fected, and the heavy passenger and
freight train movements facilitated.
The aggregate expenditure for Con
struction and Equipment upon the own
ed and leased lines was $14,485,898.55, of
which SS,O7ti,OSB.BO was charged to Cap
ital Account and the balance to in
come, ProfM, boss and the Reserve for
Additions and Betterments.
Road and Equipment—Affiliated
Companies.
The construction of the New York
Connecting Kailroad was continued. The
foundations and masonry of the Hast
River four-track arch bridge have been
completed to tile track level, and the
erection of the steel arch over that
river Is proceeding. Its viaducts and
approaches on bong Island and on
Ward's and Randall's Islands are also
substantially completed, and favorable
progress lias been made on the remain
ing sections of the line. The funds
for these expenditures were provided
by the sale of the New Y'ork Connecting
Railroad Company's First Mortgage 4 1 ■
per cent, bonds guaranteed by your
Company and the New Y'ork, New Haven
and Hartford Railroad Company, own
ers of all the stock of that company.
The erection of the double tra< - k
steel bridge over the Delaware River
south* of Trenton, is proceeding. This
bridge is part of the proposed New
York Division double-track relief line,
known as the Pennsylvania and Newark
Railroad, which will extend from the
Yard at Morrlsville, Pa., to Colonia, N.
J., a distance of about 40 miles, there
connecting with the six-track system
on that division, and will also have
branches connecting with the Trenton
and New Y'ork Divisions near Tren
ton, N. J.
The revision of the grades and align
ment and the construction of additional
tracks and passing siding on the West
ern New Y'ork and Pennsylvania Rail
way between Oil City and Buffalo, via
Chautauqua, was continued during the
i year, and will shortly be completed.
This work in connection with the im
provements on the Allegheny Division,
will, when fully completed, furnish a
route on lower grades and with Im
proved alignment between Pittsburg
and Buffalo, over 58 miles shorter than
the present route via Salamanca Branch
and Olean.
Coal Companies' Securities
The properties of the various anthra
cite Coal Companies served by your
lines, in the securities of which your
Company and the Northern Central
Railway Company were Interested, were
purchased by the Susquehanna t'oal
Company, and a complete examination
of the coal lands, collieries, plants and
facilities of the latter Company and
their operating results. Is being made
by an experienced mining engineer and
by certified public accountants, so that
your Company will have the benefit of
this independent survey and report of
the properties to assist in determining
the proper price that should be received
for the securities of the Susqeuhanna
C'oal Company In the event of a pur
chaser being found therefor.
Securities Owned.
Y'our Company received as its pro rata
share of the stock dividend of 40 per
cent of tiie Northern Central Railway
Company, $4,230,880, at par, of the Capi
j tal Stock of that Company. This stock
issue was approved by the Public Serv
ice Commissions of Maryland and Penn
\ sylvania, and represents part of the cost
of capital expenditure made in previous
years for additions and betterments to
Its railroad and equipment.
Cleveland and Pittsburgh Railroad
Company Special Guaranteed Better
ment Stock amounting at par to $3,-
| 729,100, was sold and additional Nor
folk and Western Railway Company
Common and Preferred Stock, amount
ing at par to $1,800,000 and $1.7i6,000 of
Susquehanna Coal Company Bonds were
purchased from the Northern Central
Railway Company.
OUR FIRST NEWSPAPER
It Was Published in 1000 and Lasted
Just One Issue
The first newspaper printed in North
■America was "Publick Occurrences,"
• which issued its first and only number
' in 1690 in Boston. The publisher, Ben-
I .jainin Harris, proposed to get it out
! monthly, but the authorities came down
ion the project "like a ton of brick,"
j and Harris bad to abandon the scheme.
"Publick Occurrences" was printed
on three pages of a folded sheet, tlit*
| pages being 7 by 11 inches in size. It
'was "Printed by R. Pierce for Benja
; miu Harris at the London Coffei)
! House" in Boston. The authorities al
j leged that it contained "reflections of
a very high nature," and within twen-
I ty-four hours of the appearance of the
j first number the editor and publisher
! was solemnly warned that a repetition
: of the offense would merit severe pun
ishment.
"That Memorable Occurents of Pi-
I vine Providence not to be neglected or
forgotten, us they too often are," and
, "That people everywhere may better
' understand the Circumstances of I'ub
lique ffairs, both abroad and at home,"
! Harris founded his journal, and it was
| a pity that he phould have beeu
| thwarted in his design "that the Ccun
| try shall be furnished once a month (or
!if any Glut of Occurrences happen
joftene*), with an Account of such con
| skleratde' things as have arrived unto
jour Notice."—New York World.
LAWYERS' PAPER BOOKS
j Printed at this office in best style, at
lowest prices and on short notice.