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THE WASHINGTON TIMES. TUESDAY, MARCH 4; 1913.
EXPLAIN TO SENATE
- ' '
Jwo Resolutions Are Adopted
Providing Investigation of
Failure of Police.
(Continued from First Page.)
Major and Superintendent of Police,
when he supervised the route of the pa
rade, found conditions such as would
"warrant a clear way for the proces
sion." Then, complying with directions
from the Inaujnlral committee, he pro
ceeded to the station to direct the Rreet
lnp of President Wilson. This was 2:30
.After the rope broke, the Major
availed himself of the services of forty
Fort Jlycr cavalrymen at the point of
congestion near the "Wlllard and the
Follovdnj; the arrival of the President
at the Shoreham. ilajor Sylvester took
as many men as were atallable at Fif
teenth street and the Avenue for the
protection of Mr. Wilson.
The Major' directed his officers at the
polrt of formation to proceed to the
point of dismissal as soon as they could
after the parade started.
At the hour of writing his report.
Major Sylvester declared that there had
come no reports of serious loss nor of
injury to life or limb.
oCmpelled To Use Care.
He declares that he emploj ed 100 extra
tTvecIalr. and all mounted and foot of
ficers on the day before the pageant in
addition to the several hundred specials
he had already hired, together with
the regulars stripped from the precincts.
A point Is made that 716 men were
employed along the line of march, that
CongresB a year ago cut down the force
by" twenty and again this year bv eight
members. This made a fore of 724 mem
ban. Specials were undisciplined men.
drawn from many walks of life. Extra
ordinary force could not be used, as
many of the spectators were women and
In closing, the major remarks that he
considers hlmselr in a measure, at least,
fitted through thirty years experience
for the task of. such an occasion, as the
two-days' iete Imposing double duty on
He points, too, to the fact of making
repeated requests for an increased police
force. Competent police officials of
other cities, he says, have told him
that the work of the department was as
good as could be done with the numbers
available. He calls attention to the
;succinct statement" of Commissioner
-Johnston before the last session of the
House District Committee on the sub
ject, of .insufficient police torce.
In flew of the fact that he had already
made his report, the major declined to
discuss the charges today, say
ing It would be "discourteous to tne
Commiss'oners and Congress" for him
ti"-8ay anything about it.
"it would be manifestlv discourteous
to congress and the Commissioners for
me to make anv statement to the news
papers," said Superintendent Sylvester.
"I have made a report to the Commis
sioners, and whatever is to be said to
the -public will be given out by them."
It can be said on good authority that
the major's report places the responsi
bility for the inability to clear the
avenue on what he terms the small
numerical strength of the Police De
partment. To Be Better Today.
Asked .whether the police would be
able to clear the Avenue for the In
augural parade today, in view of the
Jact that probably 50,000 more people
will be In Washington than were here
jesterday. Major Sylvester said that
Pennsylvania avenue "will be clear."
.Major Sylvester was at his office
only a few minutes this morning. He
donned his official uniform and left
the building to personally supervise
the police work for today. It was
ald at Police Headquarters that ev
ery possible precaution would be
taken to prevent a repetition of yes
Pennsylvania avenue was cleared
this morning and the police on duty
along the route of the parade were
;rlven special instructions to keep tho
Avenue clear and allow no one Inside
the lines except those with the au
thorized police permits.
Major Sylvester was severely rebuked
on the floor of the House of Represen
tatives last night by Congressman Hob
son, and what for a moment seemed
like a row among certain members was
Just as Congressman Hobson was
making his speech about the police and
their failure to handle the crowd,
Minority Leader Mann said:
"They ought to have been at home."
Mr. Hobson wanted to know if the
minority leader meant that these young
girls were not entitled to police protec
tion, but before he had a. chance to re
ply Congressman Cooper of Wisconsin
ruehed up and shaking his fist in the
direction of Mr. Mann said, "Don't let
the fact that you received a testimonial
tonight make a d blackguard of ou."
In the meantime the police were be
lnr denounced bv the suffragists and
others who had gathered In Continental
The meeting In Continental Hall was
to have been one of celebration, but it
was turned Into an indignation meet
ing. The District officials were criti
cised in general and the police in par
ticular. The suffragists demanded that
they be made to answer to Congress
for their alleged "indifference, care
lessness and inefficiency."
The woman complained of having
been Insulted in the presence of uni
formed policemen. Charges were made
that ruffians forced themselves up to
the line of march, made efforts to trip
the women, while some even took hold
and grabbed the marchers. The suffra
gists said that the most insulting re
marks were hurled at them and that
the police made no effort to interfere.
Oswald G. Viliard, owner and editor
of the New York Eenlng Post, pre
sented resolutions, which were passed,
pronouncing the unqualllled censure of
the suffragists upon the police force
generally. In snort, the resolutions
stated that the women of the United
States had virtually been denied the
right to march unmolested down Penn
sylvania avenue, the principal thorough
fare of the National Capital, and that'
the police had stood by with indifference
nnd recused to take any action to tne
ribaldry and insults that had been
hurled at the marchers.
Mrs.. Carrie Chapman Catt. president
of the International Alliance of Suffra
gists, urged that every woman present
call upon their Senators and Represen
tatives and demand of the officials of
the District government a report and
explanation of action of the police.
Others who scathingly arraigned the
police at the meeting were Dr. Anna
Shaw, who presided; Miss Lucy Burns,
of Brooklyn. N. Y; Miss Glenna Smith
Tlnnin, of New York, and Miss Hazel
McKaye, and others.
At the House last night Congressman
Kent of California, whose daughter was
JiTthe parade and was insulted, also re
torted to Mr. Mann. 3Ir. Hobson had
but two minutes to speak, and when his
lime was up Mr. Cooper requested that
Hobson be given two minutes more to
reply to Mr. Mann, but tho leaders,
realizing that a scene would undoubt-i-dly
be precipitated, declined to grant
any more time, and the bill then un
der discussion w-a taken up again.
la Jits spttch Mr. Hobioa declared
that the chief of police had paid no
attention to the joint resolution of
Congress directing that traffic bo
stopped and ample protection given
Mrs. Genevieve Stone, wife of Con
gressman Stone of Illinois, declared
today that she would ask her husband
to Investigate the conduct of police
men supposed to guard the line of
march. One of them she said, when
she asked htm to clear the mob that
blocked her way, shouted at her: "If
my wife was where you arc, I'd break
Commissioner Rudolph declined today
to comment on the criticism of Major
Sylvester, itr. Rudolph declared that
the supervision of the police activities
are up to Commissioner Johnston, and
that it would not be becoming of him
to make any statement
"It is Commissioner Johnston who
should talk about the matter. If any
comments arc to be made," declared
Commissioner Rudolph. "I do not feel
that I should say anything under the
Blames Personal Feelings.
Antagonism to the woman's movement
on the part of Individual officers of the
force Is responsible partly for the lack i
of protection of women in the pageant,
according to D. F. Tlnnin. who com
mented today on the treatment accorded
marchers in the parade.
Mr. Tlnnin declared that he could not
see that the personal opinion of an
officer had anything to do with his
duty as an officer after he had been
ordered to carry out certain orders.
"Whatever may have been the opinion
regarding woman suffrage, the officers
surelv should have furnished protection
for the marchers. This would be only
Mr. Tlnnin declares he will furnish the
names and numbers of two officers who
declared the women had no rights on
the avenue. "If my wife were to march
there I would knock her down.' one of
these officers declared, said Mr. Tlnnin.
"Another one declared that the women
had no right to protection under the
Johnstone Says Police
Did Best They Could;
Commissioner Johnston, referring to
the criticisms of the police In regard to
the handling of the suffrage parade yes
"The police did as well as they pos
sibly could under the circumstances.
Major Sylvester had on duty along the
line of parade every available man, as
well as the specials. I myself was at
the head of the parade in an automo
bile. Stopping at the corner of Fifteenth
street and PentssylvanU. avenue, I no
ticed the faces of marchers and saw no
signs of distress indicating that they
had been subjects to Insult, as has been
"It was a big. typical, good-natured
American crowd, and I witnessed no
rowdyism. A troop of cavalry from Fort
Myer. which was waiting in case of
emergency, did 'excellent work in keep
ing the crowds back. Wo were Handi
capped by a lack of men. The special
policeman who wears only his badge
of the insignia of authority. Is not
taken as seriously as a uniformed man,
and consequently was less effective. Ma
jor Sylvestar has been criticised for not
do'ng what he was instructed to do
under the terms of the joint resolution
providing for the stopping' of the street
cars and the clearing of the Avenue.
"It must be remembered that the reso
lution was adopted only the night be
fore, leaving a limited time in .which to
do all that had to be done."
Baltimore Crowd Mobs
Street Cars in Effort
To Reach Washington
All Baltimore made a frantic attempt
to come over to Washington, packed all
the railroad stations for a chance to
get to the Capital before the Inaugural
parade started, and had many a riot
and a near-riot before the last car
started on Its journey.
Liberty street was filled for slocks
near the Washington, Baltimore and
Annapolis station, and empty trains
were met by hundreds a half mile from
the terminals who Joined in a mad
scramble to get on the platform. Even
more Intense and disorderly were the
scenes at the Camden and the ML
Nearing the station, the cars were
surrounded by madly fighting throngs
which the united efforts of the railway
officials and the police were unable to
handle. Men and women clung on the
outside of the cars as they were mov
ing out, and had to be torn oft by the
The Baltlmoreans who arrived In the
cltv before noon counted themselves
lucky. "We are mighty glad to get here
alive and uninjured." they said.
More strangers are in Washington to
dav than at any time In Its history, ex-
Jcept when the Grant and Sherman arm-
les marched on the Avenue in thr great
j est parade the American nation ha3
eer known. '
, The 250,000 predicted by M. I. Weller.
I chairman of the public comfort commlt
i tee. Is adhered to today by him as his
The throngs at Union Station this
morning were larger than yesterday, al
though those who were In the swarm on
Monday may doubt this possible.
Jests About Brief Tenancy of
His Place of Honor as He
Starts From White House.
"I occupy for a moment, I believe, the
This was President Taffs smiling
valedictory as he left the White House
today at 10:15 o'clock In company with
President-elect Wilson. The President
and his successor emerged from tho
White House side bv side, and so walk
ed to the steps of tne portico, where'
whirled away behind four sorrel horses
driven by the White House coachman.
Rto return three hours later as a private
a citizen .tne guest at luncneon of Presl
B dent Wilson.
The coming and going of the Presi
dents was under the Immediate charge
oi Maj. Gen. Leonard Wood, who, with
two aids. Lieutenant Lee of the En
gineer Corps, and Lieutenant Patten of
the office of Chief of Staff, rode early
up the Hast entrance and caracoled
over the lawn in front of the White
House before President-elect Wilson ar
rived from the Shoreham Hotel.
General Woods' olds were on tho
alert, waiting the first appearance of
the Wilson escort, and the horses, feel
ing fit and spirited in the cool morning
air. dashed across the lawn, tearing
holes In the turf. Newspaper men. a
score of camera mon. policemen, and
four of the Black Horse troop, of the
Culver Military Academy, were grouped
in front of tho White House, while Miss
Helen Taft watched from the window
of the ushers' room all the details con
nected with her father's return to pri
vate Ufa. There she remained until the
last carriag? bad aTOBa.
CONGRESS FAILS TO
BEAT TAFT'S VETD
"Uncle Joe" Called to Chair in
House as Session Is Being
Brought to Close.
(Continued from First Page.)
Hcan Senate, the Incoming of a Demo
cratic Senate, and the Inauguration of
a Democratic President and Vice Presi
dent for the first time in two decades.
As early as 9 o'clock this morning,
crowds of eager .visitors were hurry
ing to the Capitol to gain "admission
to the Senate galleries. Throngs filled
In to pack every available seat, and
an army of disappointed had to be ex
cluded. In the meantime, a crowd of
thousands of spectators stood outside
the Capitol and waited for a sight
of the retiring and incoming Presi
dent as they arrived from the White
Taft and Wilson Cheered.
It was a little past 10:30 that tho
carriages containing the Presidential
party, hurrying from the White
House, arrived In the Capitol. grounds.
Cheers greeted the first carriagecon
taining President Taft and President
elect Wilson. Senator Crane and Sena
tor Bacon. The second carriage, con
taining Vice President-elect Marshall,
with members of tho Joint Committee
of Congress, was also cheered. Presi
dent Taft. President-elect Wilson, and
Vice Tresldent-eleot Marshall lifted
their hats and bowed their apprecia
tion. . . ..
Tho Presidential party entered the
Senate wing of tho Capitol by the long
flight of steps. At the famous bronze
door, the party was met by E. L. Cor
nelius, sergeant-at-arms of the Senate,
and preceded dv a squad of Capitol po
lice, were conducted to the rooms ad
joining the Marble room of the Senate,
president Taft and President-elect Wil
son were escorted to the Presidents
room. The Vice President-elect, Sena
ter Overman, and Congressmen Gar
rett and McKlnley went to the room of
the Vice president.
As the Presidential party. entered the
corridor back of the Sena; Chamber,
numerous Senators crowded aljout and
greeted them. In -tho president's room,
the -retiring and incoming Presidents
held an impromptu reception,, as did
also Mr. Marshall, the Vtee president
elect. ' ,
Galleries Are Packed.
At 10:4 the Senate took a, recess and
convened again shortly after 11.
In the meantime, the j galleries' had
long since been packed and massed with
humanity-. The doors "of the Senate
chamber were Opened atll'to thoseen
tltled to reserved seats on?the flowr. of I
u. (-... C?,,S ..."&- h
lilts cscikivc. , - f - . .- .
Senator Bacon, .of Georgia, presented
a resolution expressing the thanks of
the Senate for the fair and impartial
manner in which Ir. Galllnger had
presided over the sessions. This was
unanimously adopted. 'Senator Gallln
ger responded In a brief speech and ex
pressed his deep appreciation of the
Immediately afterwards . the. Houso
resolution providing for a joint commit
tee to wait on the President and Inform
him that Congress had completed ltsr
labors was offered. It was adopted.
About 11:30, the committee, consisting
of Senators Cullom and Martin, report
ed that the President had no further
Dignitaries Enter Chamber.
Then, in rapid succession, arrived In
the Senate chamber the various officials
and dignitaries entitled to seats on the
floor. At 11:50 Speaker Clark and the
House of Representatives were an
nounced. Speaker Clark took: his seat
on the left of Senator Galllnger, Presi
dent pro tempore of the Senate. The
members of the House were, seated on
the left side of the chamber, or the
right -of the President pro tempore.
Arrajed in their glittering uniforms
and regalia, the foreign ambassadors
and ministers were announced, follow
ing the entrance of the House. They
were seated on the right of the Presi
dent pro tempore.
The Supreme Court, headed by Chief
Justice White, entered the chamber In
stately fashion, being duly heralded by
One minute before noon, there was a
perceptible stir In the galleries as tho
Vice President-elect was announced. He
was accompanied by members of the
joint committee on arrangements, and
was seated to the right of the Presi
dent pro tempore.
Marshall Takes the Oath.
Immediately thereafter, amid a sllenco
In the chamber that denoted evcryono
was paying the keenest attention. Presi
dent Taft and PrcBident-ele"ct Wilson
were announced. They entered from tho
door nearest the President's room. Sen
ators Crane and Bacon, of tho commit
tee on arrangements, accompanied them.
They took seats in the center of tho
Senate floor with members of the Joint
Thes were the preliminaries. The
time for the actual beginning of the
Inauguration had arrived. Senator Gal
llnger. President pro tempore, an
nounced that the oath would bo admin
istered to the Vice President-elect. Mr.
Marshall advanced to the Vice Presi
dent's desk. The oatli was adminis
tered, while Senate and galleries, hush
ed, looked on.
Then. Senator Galllnger. following n
brief addresi In which ho thanked
the Senate for Its work in tho Sixty
second Congress, declared the Senato
ndjourncd sine die. The gavel fell ami
the session of the Sixty-second Con
gress was at an end.
New Senators Sworn In.
The newly sworn presiding officer of
the Senate, Vice President Marshall, Im
mediately took the chair, and prayer
was offered by the phaplnln. the Rev.
I G. B. Pierce. Vlci President Mar
shall then delivered, his address
Following his addresB. Vice President
Marshall directed tho Sccn-tary to read
the President', proclamation (omen
ing the Senate In extraordinary sesulon.
Newly elected and re-elcrttd Senators
then took the oath. Thev advanced to
tho dpsk of the Vice President In group,
of four, and the, oaths were adminis
tered. One-third of the Senate, allow
ing for a few .abt-culees, took the oath
Vice President Marshall announced
"No one will be permitted to leave
the galleries until the guea's of the
Senate have retired at, they arc an-
Proceed to Inaugural Stand.
' Beginning at 12:2fi, the entire official
body, assembled In the Senate cham
ber, proceeded to the lnnugural stand
nt the east front of the Capitol, passing
from the Senate chamber along the
main corridor of -the Capitol nnd out
ut the cast entranco Tne lt wat
made in the following order:
The Chief Justice nnd Associate Ju
Ices of the Suprome Court.
The Joint commltlee of arrangements.
Ambas-sidors and Ministers to the
Vlco President Marshall and the
Speaker Clark and members of the
Guests on the floor, including tlir
members or tho Wilson Cabinet, the
members of the Taft Cabinet. KOir
nors. Admiral Dewey, of the 'Navy;
Gen. Leonard Wood, chief of stafr, and
As President Taft and PresldVm-elcct
Wilson issued from the Captlol and
moved, down the steps, in full ,vlew ot
the vast throng that covered the great
plaza to the eastward, apilshtychorud
of applause sounded tribute.
Wilson Becomes President.
The spectacle of tho assembled hosts
of civilians and the glittering array of
soldiery, with the glint of flashing arms,
with the superbly drilled battalions of
West Point and Annapolis close up to
the Presidential stand, with other well
appointed troops massed beyond, with a
score of flags fluttering and banners
waving, with officials of highest rank
from this countrv nnd others seated on
the great tiers of seats erected for the
occasion, with handsomely gowned ahd
beautiful women eager eyewitnesses,
was extraordinary and Imposing. As
President-elect Wilson gazed on the
sight, he could not have felt otherwise
than inspired and uplifted.
When all were seated. Chief Justice
White and the President-elect arose
and. standing In tho center of the
inaugural stand, want through the
solemn ceremonial of the administra
tion of the oath. Ch'ef Justice White.
In tho robes of his office, opened the
Bible at random. Mr. Wilson bent to
kiss the book reverently, raised his
right hand and swore to execute the
laws and defend the Constitution of
the United States. His face was pale
and the deep lines In his countenance
seemed to signify that he felt tho bur
den of responsibility that' had been
placed upon his smoulders. Having
taken the oath, ho immediately began
his Inaugural address.
Applause that rolled Into a huge
volume greeted his remarks. Immedi
ately on the conclusion of the address,
the preparations were made to return
to the White House, the President and
retiring President, with the commit
tee on arrangements, proceeding to
the Executive Mansion and tho Senate
returning to the Senate chamber.
House Hard at Work
Upon Legislation No .,
Time for High Jinks
Except for the, eleventh hour vote to
override the President's veto otthe. sun
dry civil bill, the closing scenes in tho
House were tame In comparison"tothose
attendant upon the end of previous Con
gre'Ssbs. Tho House transacted business'1 until
the last moment before Its departure
for the inaugural stands, and there was
little time for the hilarity which some
times marks the dying hours of a ses
sion. It was 11:30 o'clock when the clerk
began to call the roll on Mr. Fitz
gerald's motion to override the veto of
the .President on the sundry -civil bUL
The vote had to be taken In the-House
first, because the bill originated 4hthat
body. When the clerk received the
President's message, and Btartea' Its
reading. Speaker Clark said .In a low
tone, "read as fast as you can, as the
time is short."
Puts On Speed.
The clerk speeded up the reading, and
a roll call had begun wlthlncthjrty sec
onds after he reaches theslgnature at
the close of the message.
During the morning Congressman
Nicholas Longworth. one of the "lame
ducks," delivered a "swan song," In
which ho praised the House leaders and
reviewed his. pleasant associations, as a
member of the, house. """
"Nick" was given an ovation when he
concluded. Congressman Lafferty mads
another attempt to pass the Wll limit
ing tho working hours of women'em--ploes
in the District of Columbia.
The bill was lost In the jam incident to
the closo of the session.
Charge Against Johnson.
Mr. Laffertv charged that Chairman
Ben Johnson, at the District committee,
declined to return the engrossed COPX
of the Senate bill, which was referretl
to the committee yesterday, and ho
obtained tho adoption of a resolution
discharging the District Committee
from further consideration. Tho blll.got.
no further, however, on the way tp final
When the Senate eight-hour bill came
over yesterday. It was referred to tha
District Committee, although the Labor.
Committee had previously reported a
similar bill. Lafferty said he hnd ap
pealed to Congressman Johnson to put
the bill on passage, but had been turned
down. Tho House passed during the
morning several private bills to which,
there was no objection.
The conference report on the general
deficiency bill, the last appropriation
bill, except one, was adopted.
Mrs. Wilson and Her
Among the Interested spectators to the
ceremonies, in the Senate were Mrs.
Woodrow Wilson, wlfo of. tho President,
and her daughters.
Mrs. Marshall, wife of the new Vice
President, was also nmong the specta
tors. Mrs. Wilson. Mrs. Marshall, and
a large number of other ladles occu
pied seats In tho reserved gallery. Mrs.
Wilson was handsomely gowned In a
suit of brown.
STATEMENT OF T11E CONDITION
Massachusetts Accident Company of
On the 31et day of December. 1512, as required
under the District of Columbia ("ode,
amended June 30. 1902. and August IS. 111L
Capital stock JIW.C0OM
Capital stuck paid up. In cash lu0.000.00
Cash In offlc- W.033 31
Cnvh in bank LS.SS4 7
Real estate N'ono
Real estate inortKBgei (first Hen).. Non
Honda (market alue) 161.S60 00
IHIN receivable l.KS "i
Premiums uncollected and in hands
agent 7,277 4J
lnttrtt due and accrued . ... 1.3:5 31
All other asivta. Furniture and fix
turea 5,OW, supplied. SS.O0 . .. 7.100 to
Nt unpaid claims .. J23.239V,
Reserve as required by law 31,713 77
Borrowed money None
He-Insurance premiums 735 41
Kalari's. rents, expenses, taxes, etc 6,GMt
Commissions; brok'nure. etc 1.17019
Cash dividends remaining unpaid.. Nona
Capital stock 100.000 00
All other liabilities: Eatlmited ex
pended or Investigation and ud
Juntment of unpaid claims and re
serve for liabilities on clnlms
which were acluall Incurred on
or before December 31, of which
no notice was received 3,3702
Amount of rIK nssumid and cliar
ai ter or business transacted dur
ing the year 1913 315,97503
Iyies suatalned during the year
Money received during- tho year 1912 366.113 SJ
Expended durtne the year 1912 .... K4.7MCQ
O I-EONAI1D McNHII.U President.
I M. HATHAWAY. Secretary.
Subscribed and sworn to tforo in this
27th day of January, 1913
(Seal) PAVbOX DANA. Notary Public.
1331 F St. N. W., Washington, D. C.
MKItaUNTHALER LINOTYP11 CO.
New York. March 1. 1913
A regular quarterlv dividend of 2li per
rent and un extra dividend of one-half of
one per rent on thn capital Mock of Mer
giwthaW Unolyim Company will be paid on
March 31. 1913. to tho stockholder!! of record
as the) appear at the clone of business on
Mstvh D, 1913. The Transfer books will not
FRED K J. WAJlBURTON.lTreastirer.
General Office, Broad Street
. -. . . 1. .j ,.
Th Uoarti of rMrtrtors submit herewith to the Stockholders tf The'Penmjlvania Rail
road Company anyiyopsis. ot thf IT" Annual Keport for ths year 11S:
Rail opcratlonsr-Rotenuts .. ,w. .. - ... .... ....-j...-.- im.W7.SMJi
iii -.... ,,-nH... . ;. 1 T7 UI A
uirrciors luomn nerewiui tu uir oiwinDinen vi aiic hjiii -
synopsie ot them Annual Keport for the year 1313:
tovenues ...... ...j.. ...,...- ............-....-7. J17i.M7.i5
;trvni-i . i !.. , 124.(37.94
JMlll VUriAllVUS UAIXlieva (.......,....,,.,............, J. ., .....
Auxiliary opemtiona deficit
Net Hallway operating reenuo -
Railway tax accruals
Hallway operating Income
Income from securities
Hire of equipment, etc.....1
Deductions from grots Income..
Net Incotfie ..,,
. Disposition of net Income:
j Appropriations to sinking and other reserve
fprtion or principal oi equipment trust oDiigauons..;
Cash dividends j. .
Appropriations for Additions and Betterments
Construction expenditures on branch roads...
Balance transferred to credit of Profit and Loss-....
CONDENSED GCNERAT, BALANCE SHEET.
December 31st, 1912.
Property Investment: "
Equipment .."..... 1,12,67&,53
- 437.07.Jir.l7 "
Reserve for accrued depreciation Cr. 14,OSt,&S3.2a
Securities under lease of U.
N. J. R. R. &
la&fi .........,..-... ............. f........ ......
Materials and supplies .....-
Cash and securities In sinking;. Insurance and
Cash and securities In Provident Funds ..
Other assets -....,...,.. .,.,.. ..,...,
, . ' r l$8,17.02i.27
Capital Stock .-, i....-w. IIM.JT7.9W00
Premium realised on Capital Stock from January 1st, 1M9 ; : 7.OBO.20O.00
Funded'DeiJt tf The 'Pennsylvania lUilroad Company 153.443,940.00
Funded Debt' of (Companies whose properties have 'been acquired by 'The
PennaylronlaAllailroad Company..; '-; 64,334.500.00
Guaranteed Stock Trust Certificates, Philadelphia. Wilmington and Baltl
- more Ttallroad and New York, Philadelphia and, Norfolk Ballroad
ComptAles'--. .... ... r ...... ...w.......i...- 14 703.320.00
Equipment TTir Obligations ..i 31.siM27.71
Mortcacea. and Ground Rents Payable ...;.-..:.. '...... 3,46t,S22.X
Securities received with the lease of the U. K. J. E: R. C- Co..... - 2.6S9.6M.23
Liability on account ot Provident Funds , .'..... e,l,S63.3
Other Liabilities 44.0O.6U.S7
Additions to property since June 30th, 1M7. through Income t2.439.7M.37
Reserves from-Income or Surplus:
Invested In Sinking;, Redemption and other reserve funds v 35,745,431.45
Reserve for Additions and Betterments and Car. Trust. Principal charged
riiut In advauce,.A.......i.,t.-., ..,..,'... .......,,...j.,i.... f,447.l7S.70
Profit- and ,Loss.1:r.. ."J.C. j.... .. ?;, ..,..,.:. ..... ... 2S.S34.v75.63
-Thtr number of tons of freight moved, oa
the five general divisions east of Pittsburgh
afld -Erie in U12 was lU.il0.431, an Inert
of 18,306,363,' or 14.S2 per cent; the number
of passengers 'was 72.452.837, an increase of
5,007,173, or 7.42 per cent.
The number of tons of freight moved on
the lines west of Pittsburgh was 1S5.443.782;
an Increase of 2e.C73.S3. Tb number of
passengers carried was 34,326, 3S1. a decrease
The operating revenue of all lines east
and west of Pittsburgh for the year 1912 was
$374,096,179.92; operating expense. J291.W7.37S.
Sl. and operating Income. 3S2j2S.S01.ll, an
increase in operating revenue, compared with
1911,. of 37.612,37.1t, and an Increase In
operating- Income of xt7,0,T73 3. Therwere
473.174.09 tons of freight moved' on the en
tire system, being an Increase of 9.935,772
tons, and 178.S11.733 passenger carried. an
Increase of 9,815.577.
The Income Statement Is In the form pre
scribed by tha Interstate Commerce Com
mission, effective .July 1st. 1312. which re
quire the statement' of certain parts of the
Income StatsmentltaT greater detail; as well
as show Ing rlKa wTecefpts "and -disbursements
of certain accounts, -The "Company is fur
Uter'rlBlree?'to Include the Income, derived
by Sinking antf tother "Reserve" Fund a part
of Its Income: but." as it Is- not permitted to
charge as a payment Interest on any part
of It bonds -which may be held in any of
the Sinking- or Trust Funds, such Interest
on bonds so held cannot be Included In said
lBcoteJ7IleAthlaccoonUnr change re
sult, therepre,.. IpBpejeatlj:,, .swelling-, the
Nefcotnw''or-t' Company -07 the extent
of '7Ss;i6! yetIl'W offset by Correspond-'
lnr necessary .appropriation to these funds
out of net Income, which appropriations wereS
formerly Included In fixed, charge
This Statement show that the total Rail
Operating Revenue were 1174,607.583.22. the
largest In the Wlory.of the Company, an in
crease .fit m.liu.UI.tS. or l(t$7ft a com
pare; wlth.UlL rr
! TJie Increased express traffic resulted In a
greater-irroee-retuTn to ,ine. company, ins
ruture "'iffee tit the parcel poet on express
revenue cannot as yet be determined, nor is
It known what effect the change in express
rates, ordered by the Interstate Commerce
Commission, will have upon the revenue re
ceived from the Express Company operating
over your line.
In the transportation .of United States
Malls the revenues show a decrease although
the volume of the traffic Increased. The
rales ure fixed by Congress, and there Is a
Congressional investigation of-tho subject at
the present time. It Is hoped that, after
due consideration la given to the valOe of
this service and to the apeclal facilities It
requires, remunerative rate will be paid.
Rail Operating Expenses are also tho larg
est in the history of the Company, showing
an lncreaso of S13.4(0.531.f, or U.H. caused
principally by tha Increased traffic, which
necessitated not only greater outlay for
trmnarjortatlon expenses, but alsn for repairs
and renewals of roadbed, brulges. and build- I
Ings. signals and Interlocking and for other I
Items which add to the safety and comfort I
of the patrons and emploj s of the road; aa I
well as for repair and rrnewala ot equip- .
nient, and Increased charge for Deprecla- I
The expenses were further Increased by the I
aevere weather In January and February.
1913, and they also reflect lucreasea caused I
by higher wages; the operation of the Extra i
Train Crew Law: Increased cost of fusl and '
other materials, and Improved standards ot I
track; and other 'construction to meet the re- I
qulrenvents of heavier rolling stock. I
In the wage questions that arose during
the past j ar with the lnginemen and lire
men on the railroads In the Eastern District,
of the rnlted Bute, represented by their
respective Brotherhoods, a general strike
was averted In the esse of the Engineers
by the appointment of a spr-clal Board of
rbltratlon. consisting of ven member,
one aelectcd by the railroad companies, one
by the Jlrotherbood of Locomotive Engineers,
and the other five appointed by tho Chief
Justice of the Supreme Court of the United
States, tha Presiding Judge of the Commerce
Court and the United States Commlsloner of
This Arbitration Hoard was constituted
after attempts had failed to settle tho diffi
culty through mediation under the Erdman
Art, and because the parties in the contro
versv. whtlo agreeing to the prlnclplo of
arbitration, would not accejt arbitration un
der the provisions of that Act.
In the dlfflculUea of the present jear with
Ihe Firemen, represented bv the rtrotherhooj
of Ixicomotlvo Firemen, a atrlke was averted
bv the railroad companies agreeing- to aub
inlt to arbitration under the provisions of
the Erdman Act, which they did not believe
to be satisfactory, but acceptec rather than
Impose on the Country, the railroads and the
employes the lamentable consequences of a
sjenersl strike. Involving over fifty rallroeda.
having over 21 of the mileage and nearly
40 of the total Operating Revenues and
OperatlnB Expenses of all tho railroads In
lh" 1'nlto.t State.
Considering Ihe magnltude of the Interests
In this Country and thoe Countries with
which It has oomm-relal relations that would
b affectl bj the Interruption of railroad
traffic, and the aerlous results that wouM
ninin therefrom: the stoppnK of food sup
pile, fuel and other trarflc, the Incon
venlencn. lcwues and suffertiiR to the gen
eral public whose Interest Is paramount, and
tra the workers In other Industries dependent
on a reliable transportation Service and In
no vn responsible for railway disputes, and
the failure of strike to produce any per
nnnent advantages to either the employes
and their families or to tho transportation
rommnles careful consideration should bn
Klvetxto the recommendations for the amend
ment of tho Erdman Act. which have be-en
made frntn so inanv source. Interested in the
pll-tctne "f the Country.
The experience artMns; from these lancer
wn-, cvintroverslc places a erlou respon
sibility up those whose dutv It Is to enact
proper legislation povernlnr the relations be
tween ntnnlrijer end emplove. (o consider
whether the Erdman Art should not b
amended to Increase tho number of arbltra-
Station. Phlladelpblat'February 3th. 1313.
.. .V. ....,-,..f .. IL.ltUM.Ili..U T
, ...".'r,. ..,....'.., ..-."..i...... i HW.SJ 2
;...:....:. r.. ...J.. .:..?.... -.i.n7.sss.3
.. - 7.1.K5-E
.. - t - -
.:..." 3. yr ,KU3.
IS. 434, 213.43
34, W8. 149 81
f ..-....,..... .....,
Other reserve funds.
The railroad- companies east of Pittsburgh
and Eli In which your company. Is interested
show" satisfactory results.- Detailed stare
menu ot. thlr operation 'will be found In
tnelr respective annual reports, as well aa
In the full -report of our company.
There' were expended daring; the past year
for construction equipment, and real estata
on the llna'VeTt'of "Pittsburgh 1.;3.642.13.
-The expenditure were principally for new
ore dock at Cleveland the" elevation of
tracks in that city,. and also In Chicago and.
Fort 'vya.yne, the construction of additional
main track on the Pittsburgh. Fort Wayne
and Chicago. . Railway. the Cleveland and
Pittsburgh RalIroaol.aad.the Pittsburgh. Cin
cinnati. Chicago and- 8t. Louis Railway,
land for nesr; freight, station, at JndlanapoUs.
lncreaaif in yartr. and station facilities at.
various,. point,. and for additions to and Im
provement ot the equipment. "
' . ' i I
tors and thereby constitute a Board of suffi
cient size to properly represent the. public
aa well as the parties to the controversy,
and to direct the necessary far-reaching in
vestigation and fully share, the responsibili
ty of an Impartial determination of the equit
able and. economic questions arising- from
sveh disputes.- It will also be found neces
sary to provMe,e longer time than thirty
davs specified In the Act for the considera
tion of the subject and the rendering of a
It may not be possible to prevent strikes
or lockout' by requiring compulsory arbitra
tion, but It 1 wise' to consider whether an,
obligation should not be placed upon the em
ployer and employe to advise the authorities
of1-Uirrv7VestlOB.at.3stia-bfora any lock
outs or strike can become effective, so that
by due publication anoTInqulry the Govern
ment and the public may be fully Informed
of the extent of the controversy and Jts
.The net revenue of rail operations shows
an Increase of I3.T10,3.S6,
Taxes continue to Increase, the charges for
the present ,yar exceeding those of the
prevlou-year by. sS3.4 Js.
Th tonnage for the year Increaasd 14.53
and tonnage mileage' Increased 113S, while
the freight train mileage Increased only
10.5 due to an Increased train load of
The passenger carried Increased 7.42.
with Increased passenger mileage of C.71.
while In th face of this, the passenger train
mileage Increased only 1.88 due to the aver
age number, of passenger per train Increas
In th deduction for lease of other road
the larger "payment are due to the Increased
revenue earned on Roads operated on the
basis of Net revenue.
The decrease In the Interest deduction for
funded debt, compared with 1911. was due to
the maturity and payment on May lt, 1912,
of the River Front Railroad Company First
Mortgage Bonds; and on November 1st. 1912.
of tha Pennsylvania Railroad Company 3
Convertible Bond of 1302. and also to the
payment of principal due on Equipment
The Company has In contemplation many
important and extensive necessary Improve
ments, a large portion of which should not
be charged to Capital Accountand for which
the Reserve for Additions and Betterment
will be utilized, such as the Improvements of
Broad Street Station. Philadelphia, and its
approaches and facilities: Improvements on
the Allegheny Division hereinafter referred
to; the elimination of grade crossings and
elevation of tracks on the New York Division,
from Colonla eastward, through the City of
Rahway. to Bay Way. Elizabeth, and a
Bright change ot line In the City or Elisabeth,
where the line ha already been elevated. It
also contemplates the abolition of additional
grade crossings In Philadelphia. Lancaster,
Lilly, Johnstown, Freeport, Wllklnsburg-,
Pittsburgh, and other point on Its lines
when the local authorities co-operate In mak
ing the eliminations. The Company also has
In contemplation the construction of a new
double-track steel bridge over the Allegheny
River at Klsklmlnetas Junction on an Im
proved line to take the place ot the present
Tho Capital Stock was Increased over the
previous year by 8100 00. of which 850 00 wa
Issued In exchange for Fractional Convertible
Bond Receipts, and $S0 for Dividend Scrip
dated May 31. 1893.
The Funded Debt and Equipment Trust
obligations were reduced as follows:
Redemption through Sinking Funds:
Consolidated Mortgage SH
Bonds due July 1. 1945 &S.930
Equipment Trust Loan due 19H.. 121.000 00
Collateral Trust Ixn Bonds
4 '-4 clue June 1. 113 SI.OTOOO
Philadelphia. Wilmington and
Baltimore Railroad 4 Stock
Trust Certificates due July 1.
Payment at Maturity of:
Ten Year Gold Convertible 3
Bonds 10.222.500 03
River Front Railroad Company's
1st Mortgagt 41J Bonds .. 212,000 00
Equipment Trust obligations . 6.4(1.100 07
It will Khortly be necessary for tho Com
pany to provide capital for the 810.222.500. of
Ten Tear Gold Convertible 3H Bond which
matured November 1st. 1912. anl for 39,735
000 00. of Collateral Trust Loan 4V Bonds
due Juno ut. 1913, together with maturing
equipment trust obligations, and alo for
new construction work, the extension and
Improvement of terminals, track and facili
ties, and the purchase of equipment. The
matter Is now receiving careful considera
tion, hut no decision has yet been reached
as to the form or extent of tho proposed
The Issues of Equipment Trust Securities
during the year consisted of. J7.0nrt.00fl 00 of
Pennsylvania General Freight Equipment
Truit Certificates of 112. of which the Tenn
avlvnnla Railroad Company's proportion was
S1.572.MOOO. Them were thns furnished for
the Pennsylvania Railroad Company 575 steel
underframe- and steel bodyfraeie refrigera
tor cars; for the Pennsylvania Company 1.000
rteel underframn and steel bodyframo auto
mobile box cars, for the Pittsburch. Cincin
nati. Chicago, and St Louis Railway Com
pany 3.000 all steel coke gondola cars; and
WANT ADS BRING RESULTS
for -the-New- Torlr, ThiJadslpWa, -and TOor-
iuiK itanro-iu company, sou steel unaerrrssne
ventilated, box cars and 0 steel underfram
gondola' cars." an aggregate of 5,725 cars.
During the year the final payments were
made undr 13 series of-equlpment trusts,
the Original issue of which amounted to
3U.00o.O0O. Theso aerie covered 3.3S steel
underframe box cars, 3,000 steel hopper gon
dola cars. (.000 steel underframe Ions- gon
dola cars. In service on the Pennsylvania
juuiroaa; stw refrigerator cars, l.soo stei
hopper gondola cars. S0O steel nnderfranre
long gondola cars, MO steel flat car, sub
leased to the Pennsylvania Company; 314
steei underframe box cars. 300 steel tapper
gonaoia cars. 4W steel underframe Ion; gon
dola ears, subleased' to the Pittsburgh. Cin
cinnati. Chicago,, and St. Louis Railway
Company; 300 steel bopper gondola cars, sub
leased to tho Cleveland. Akron, and Cin
cinnati Railway Company; and 85 refrigera
tor car subleased to 'the Grand Rapid and
Indiana Railway Company, representing In
all K.C30 car. ,
The car thereforo have "become the prop
erty of the fespectlv-e companies which paid
the cost thereofi
The expenditures" for acquisition of prop
erty during- the' year wrro mainly to sort
additional tight of way for new tine, elim
ination of grade crossings, and for pas
senger terminal and station improvements at
Broad Street Station,, and other points In
Philadelphia, and for the en'arcement sad
Improvement of freight station and yard
facilities, at Hamburg Junction nnd Green
wich, In Philadelphia. Elltabetbtorrn. Al
toona, Creison, Unlontown, Tareatutn, Peter
son, and New Kensington. "
The black-signal -system On the main line
between New York and Pittsburgh was furth
er Improved by the' Installation o(.autotnatlc
signals on the, Philadelphia division between
Dlllervllle BIock"T4Ut1on and UrancH Inter
section., -and. on ihe Pittsburgh division be
tween SummerhllLand Latrobe, and the work
will be" continued next year, on the middle
and Philadelphia divisions.
The Ccrtlandt Street Ferry House and
Dock, New York City, which ar being re
built, have o far progressed that th two
ferry slip are now in operaUjo. and (be
remainder of the' work will be completed In
On the Newark Rapid Transit Line, described
In th Annual -Report for 110. the Summit
Avenue passenger station. Jersey City, was
partially completed and opened -on May 30th,
1313. and has since been finished and Is ac
commodating a large amount of traffic. Tha
Fourth Street Station in Harrison. N. J..
on this line, will be completed early In 1913.
For the eastern section of the six-track sys
tem en the New York Division between
Colonla, X. J., and Waverly. West oT New
ark. N. J., additional tight of way bar been
acquired. This work comprehends station
Improvements, the elimination of fifteen
atadtuorosslngs by the elevation of the four
existing main track, and also the construc
tion of two additional elevated tnacks be
tween those points. Construction work la
now proceeding- between Colonla end Eliza
beth, and should be completed In 1914.
The State of New Jerusr. In which your
Company and other lines have extensive mile
age, is now considering the enactment of
new legislation for the el'mtnatlon of grade
crossings. It has long been the' policy of the
Company to encourage the removal of grade
crossings, and it ha spent large sums of
money for that purpose, out still greater re
sults In this direction would have been at
tained had the Stares arid municipalities been
authorized, or witling, to co-operate In the
outlay. The railroads- in many Instances- have
been the "pioneers In the development of the
town, cities and territories served by these.
and their existence baa materially added to
the population and prosperity or these- com
munities. But with mo many crossings still
to be eliminated, the greatly Increased pay
ment for taxes and other Item, and outlays
for Improvements in their railroad sad
equipment, which still confront them and
are essential to public safety and convenience.
It teem unfair .and unwise to propose that
th railroad. companies. should be burdened
wfth either the entire cost, or an undue pro
portion of 'the cost, of eliminating grade
crossings, many "of "whleh'nave been opened
subsequently t the construction of the rail
roads, and against- their strong protest: Tar
these reasons and on account of the great
Increase of motor, street railway, vehicular
and pedestrian travel, it I hoped that the
legislation now pending will be o framed
In trt public Interest, aa to enable either the
State, the municipalities or the railroads to
take the Initiative In tbe abolition of existing
crossings', and lo. "co-operate in carrying on
the work by providing a fair and equitable
division of the expenditure, as do the laws
of New York. Massachusetts. Vermont. Ohio
and other State.
The improvement of the passenger fadlltl
In Philadelphia i still receiving consideration
b) the various departments1 in th service.
and also br- the Consulting Electrical En
gineers of the Company. Aa outlined In tha
last annual report. It will necessitate fl) an
Increase In the tracks and olatform. and tbe
enlargement and Improvement Of the station,
facilities! ar'Broail Street- Station and its
approaches as far-a West 'Philadelphia Bta-
tlen and Yard; (3) the widening of the bridge.
ana us approacnes, over tne ucnuyism siver
and the adjoining entrances to Fan-mount
Park at Girard Avenue, by the construction
of two additional track and a revision of tbe
signals ana intersxaing. wucn la now pro
ceeding. and(J)the -enlargement of North
Philadelphia passenger station and Its ap
proaches by the addition of four new tracks'
with, huh level Island Dlatforma. and other
Improvement Including the relocation of the
Junction of the Chestnut Bill Branch with
tne new xorx Division, at tnat point, wnlea
1 now under contract.
In brief the Philadelphia Terminal problem
1 to provide Increased terminal facilities
and approaches for approximately 20 years.
tor tines wntcn equal eight double-track rail
An Ordinance was obtained from the Cltv
of Philadelphia to 'erect a new eight-track
concrete steel bridge across Worth Bread
Street near North Philadelphia Station.
Pending the results of the investigation ot
terminal Improvements for Broad Street Sta
tion. Philadelphia, satisfactory uiosiea la
being made In the acquisition ot tha neces
sary real estate.
Extensive repair and additions are being
made to the West Philadelphia stock yard
of the Company, and the pier at Green
wich. Philadelphia, are being Improved, and
the dock extended, to facilitate the loading
of coal at that point.
On the Uald Eagle Valley Branch.- th
grade are being re'.lsed and the line 1 be
ing double-tracked between Mount Eagle
and the Howard Rolling Mill and rawing
siding are being extended, to provide for
the increased tonnage passing between tne
Main Line and the Erie Division via Tyrone
and. Lock Haven.
On the Pittsburgh Division four grade
crossings are being abolished In Braddock.
Pa., by the construction of three under-grad
bridge and one over-head bridge; work Is In
progress on the elimination of grade cross
ings In the City or Pittsburgh at Home
wood Avenue, and the work of eliminating
all grade crossings In the Borough of Wll
klnsburg has commenced.
In West Brownsville Yard. Ta.. the change
of xrade and extension of track facilities.
necenry to connect with the new double
track. Monongahela River bridge, at that
point are almost completed.
On, the 3unbury Division the double track
ing was further extended during the year
by constructing second tracks at Boyd and
South Danv 111, and between Port and Honey
Pot Yard. Ta.
At Montgomery. Pa., the sixteen pan dou
ble track steel bridge over the Wert Branch
of the 8usquehanna River, replacing the
single track bridge at that point, will be
completed this year.
The aggregate evpendlturefffor Construction
and Equroment during the year upon the
owned and leased llnesof this Company was
1 322.247 2S for which the Compsny has been,
reimbursed by leased lines to the extent of
J727.562.lt The sum of $888.107 05 was ex
pended on the Weetem New York and Penn
sylvania Railway. Cambria, and Clearfield
Railway, and other Branch Roads, and
charged against Income as Expenditures on
Branch Roads for Construction. The expen
ditures on the line owned and oi the Har
rlsburg. Portsmouth. Mt Joy and Lancaster
Railroad and the United New Jersey Railroad
and Canal Company, operated under long
term leases, comprising the main line sys
tem between New Tork nnd Pittsburgh,
amounted to 114 70S S37.91. which, has been
,lpoe.i of e follows:
Ctwrecd to Income a
penditure Jl.Stl.127 72
Charsed to Reserve
for Addition. and
priated out of In
come of previous
vear ...... 3,52.587.4,
Cursed to Capital Account"
Road . -, $3.02.49t
Equipment 5.810. 432 S3
s 9 212.943.82
314 7M.837 SI
Under the Balance Sheet prescribed by the
By order of
STOCKHOIJIERS MAT OBTAIN COPIES OF THE ANNUAL REPORT COMPLETE. BT
APPLTING TO OR ADDRESSING
" LEWIS NEILSOS. SECRETARY.
BROAD STREET STATION. PHTLADELPH IA. FA.
interstate Coeamewe, CTeeajnlsaletW" thev Weed
and Equipment Account include not only
these capital charges, but also sfaaHar ex
penditures made out of Income since "June
30th.- 1907V therefore the expenditures charged
against Income and -Main t tie Reserve-fer
Additions and Betterments created, Iq nrevt-oui-.yesr
hav been so lacludae", ",-v '
Tbe Additions and Betterments expenditures
on the Harrlsburr. Portsmouth. Mt. Joy. and
I Lancaster Railroad and the Use of the
United rew Jersey Railroad and canal Com
pany, both operatd.by this. Company under
leases for M years. 'have siso- seen Included
under the Road and Equipment Account as
"Leased Uns Road."
Expenditure during 1913 H,379.(Ut
Expenditure Jutte. Sffth.. VKt. to '
December 31st 1SU......'......-.',34,S1H
An offsetting liability appears on tbe credit
sfoo of. the Balance Saect. entitled. "Addi
tion 'to -Property -Mac June - 3BOr. 1907.
through 'Income." in which Is carried not
only tne,3S.4S.',4.CVbat also the, payments
through Income on account of Car Trust Cer
tificates amounting to 82.961.72T.99 for 1312,
and ts3T.M4.08 for previous years, aggregat
On account of principal 'and Interest of
Water Supply Trust Certlfleatee 8S24.33f.31
were expended during the year and charged
against Income. .
Tbe construction of the New York Coanect
ing Railroad, owned Jointly by this Cosapaay
and tbe New Tork, New- Haven and Han
ford Railroad Company, a. described la tb
report of last year. I proceedlag. Additional
contract have been awarded for" foundations
and masonry of Bronx "Viaduct: fouadatiora
and masonry of Piers for Bronx JtUla. bridge.
nanaaiis uiand viaduct. Little iieii Gate
Bridge, and Words Island Vladucti for too
base and foundations xt the East .River
Bridge" on Wards Island and' .Long Island
City: and for the Loesr Island Viaduct: for
foundation and masonry between Lawrence
and Btemler Streets; and for grsdl.tg and
masonry between rt connection wltb tbe
Pennsylvania Tunnel and' Terminer and tha
Long Island Railroad at WoodsHe Avenue
and Fourteenth Averts.
The increaalnc trains between Plttsbsreh
and Buffalo via the Allegheny Division and.
tha Western New Tork and PrBasylvaWa
Railway requires the coaatructhsv at' Onto
tunnel and the reduction at rradee aset
other Improvement oa, Ihe Allegheny Divi
sion between Pittsburgh aad Oil City, aad
tha reduction, of grade aad Improvements
of tbe railroad, and' yard faciWlea oa the
aiq railway between Oiuaty and, Bursal,
via Brooioa and th Chaatauqua-Bianca. to,
mora folly- ntlHxa it oa thm. luminal imh.
for psssingar aad' freight traffle between
thess cities, as tha work has been:aaa-
rised. As tha result of the lmprovaata.
the heavy grade .wlU' be restricted t rJ--tlvely
short distance between the said essssm,'
ana this route, which was obJectioneM v
cass of heavy grades, will be over at miles
shorter than the-present route via .OH City,
tho satamanea Branch sad Olean. andJsRt
have not only this advantage la disuse,
which -will produce 'Satisfactory qjvtratlar
ecoaamles, but Its- ue-wlll postpeet far
several years the double tracking and other
expenditures oa the present-route.
To meettthe Constfuctien sadJtauJsment
expenditures oa the Western IJ-ew York and
Pennsylvania. "Railway during th year, .ad
vance aggregating tMn.rw were mad by
thai Company, and charged against the nee
Income of the Lessee Company, This Com
pany will also be required to provide funds,
for the Improvements heretofore mentioned on
that railway during tbe year 1311
On th Cambria and Clearfield Railway, the
Cherry Tree and Dixon vl lie Railroad, aad the
Pennsylvania, Monongabela and Southern
Railroad rarioas abort. Icaacaea were tram
to reach coal mining, oparetios, -. .
This Company- advanced . 31HSL tooths
Cambria and. Clearfield Railway Comaoay to
meet its construction expenditure, which
was charged against th pet Income of tha
Lease Company. " "
It has 'been deemed advisable to absorb ths
Cambria and Clearfield, Railway Company,
which, for many years ha been owned and
operated by this Company In caoaectlon with
ltsmaln line, the construction of that road
and Its several constituents -having been pro
moted by this Company for tbe-teveloymeat
of the bituminous -coaJr traffic in the CleartelX
region. Tbe neceasttyvfor malWaintac that
Company as a separata carporatloa ao-loagsr
exists, and the agreement providing for its
acqulaition will. In accordance wtta notice
given ta the stockholder, be submitted for
approval at th annual meeting:
The'aum of ?4,4C.94 was advanced to the
Pennsylvania, Monongabela aad Southern
Railroad "Company to meet its construction
expenditure for 1313. far-which It reinitMsrsed.
thl Company by the Issuance .of ita-stosk
and bonds. in eqaal aertioaa: ..-.i
A ureproot grain-elevator of enlarged-capacity
and modern tacllities-ls being -erected
by the Girard Point Storage. Company at
Girard Point. Philadelphia, to take the place
of the present elevator.
On the -Philadelphia. Baltimore-and Wash
ington Railroad, .the work ot reconstructing
the bridges over tha Gunpowder and Bash
Rivers t proceeding, aad will be finished,
during-1H3. The recoaetruetlon of the bridges
over StemmersBun. Back River and Owynn's
Falls will also be undertaken In' tha present
The- installation of autasnatlo block alsneir
on th Maryland Division hss been: completed
between Washington and Baltimore, between
Principle and Iron Bill, aad between Ruthby
and Wilmington, and the work will be con
tinued next year. . .
On the Northern Central Railway the work
of enlarging the Mount Vernon Tarda. Belti
roore. was entirely completed. Th freight
facilities, at Tork. Pa.. Hlghlandtows,. Md..
and at Marysvllle Yard. are. also- betas; en
larged and Improved to aocomsnodat ths
Increased traffic. These Improvements will
probably be completed In 1311.
The execution and delivery of tha isopused
lease by this Company of the railroad, prop
erty and franchises of the -Northern Central
Railway Company. Is still delayed' by litiga
tion. Under its provisions, which have, been
fully explained in the Annual Report tor
1910. the lease and rental payments became
effective January 1st. 1311. and an-accounting
between tbe lessor aad lessee from that date
will be necessary It and when the lease-has
been duly, executed and delivered in confor
mity with It terms and condition.
The Wirkes-Barre Connecting Jtattroad
Company wa Incorporated during- the year
Jointly by this Company aad th Delaware
and Hudson Company to provide a line,
seven miles In length, from Buttoawood
Yard on the Pennsylvania Railroad, wesvoc
the City of Wtlkes-Barre. to Hudson
on the line of the, Delaware and
Hudson Company, to facilitate the Inter
change of traffic between the two road,
and avoid its movement through the business
centre of that city, and via tbe tracks of
The surplus property fronting- on Seventh
Avenue between Thlrtyeecond and Thirty
third Streets. New Tork City, owned by th
Pennsylvania Tunnel and Terminal Railroad
Company, a subsidiary of this Company, has
been conveyed to the Pennsylvania Terminal
Real Estate Company looking to Its future
During- the year" the Company made, ad
vances to the Long- Island Railroad Company
aggregating 8,JB,000. for tho .improvement
of its railroad and facllitle. and the con
struction of new lines and equipment, and
will receive therefor- securities of that Com
pany. Minor advances were also made to the
Pennsylvania Tunnel and Terminal Railroad
Company In 1912. for which. It certificate ot
Indebtedness to this Company baa been
The pension paid during the year ameunt
Th stockholders will be asked to.authorir
an Incresse In the annul mm set apart for
ren'on nnrposes from 37W.lf tr 3730.0CO per
ann-n end "to give authorltv to th Board
of Directors to Tiereaftr Increase the pen
sion anoronriatlon to such extent as mar.
from time to time, be nee-srv to meet th
purposes for which the Pension Department
was created: such Increase t- be reported to
The additional anoroDrlatlon i necessi
tated bv the Increasing: number Df pensioned
emploves. especially between the axes' of SS
and S3 vears: and th advances In wage
made from time to time, which Increase
the average pension allowance
The securities held by the Comnanv. De
cember 31st. 1312. at a valuation or roi.SOX
154 32. oroduced a direct Income during the
veer of 814 S27.491.M. Durlnr the year tbe
Company Increased its holdings ot Norfolk
and Western RMlwav Company Common
stock, bv 34.788.100 09 throurh the conversion
of a like amount of Norfolk and Western
Rallwav Company Convertible bonds, to
which It had subscribed at par. during tha
year, end also acquired JS.000.O00 of Pennsvl
vnnK Terminal Reel Ette Company stock.
Fffectlve Mav Sth. 1312. the name of ths
Buffalo and Allegheny Valler Division was
changed to Northern Division.
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