The Washington times. [volume], March 05, 1912, LAST EDITION, Page 4, Image 4

About The Washington times. [volume] (Washington [D.C.]) 1902-1939

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TJIE WASHINGTON TIMES, TUESDAY, MARCH 5, 1912;
.,
5C
t
THIRTEEN
TEACHERS
PLAN TO COMPETE
PI
High School Instructors
, Anxious to Secure Sal
ary Increase.
I Thirteen hlah school tenulicrs of
Washington will enter competition ApiU
I lor tho single vacancy existing in the
tl'oup B, class C, of the city schools,
K'jtlclt means an additional $100 per year
Iftlary, up to $2,200, above -the Jl.SOd
fmlt at which moat of tho teachers
t6p by reason of statute.
pnly seven of these group B, class 6,
leachers may exist by low, and at
he end of fotir years members of the
(:roup.,get J2.200, $400 mora than most of
lielr high school teaching associates.
Tho thirteen nominated by high school
principals for tho compotltlvo exami
nation are not tho only ones so dcslg
fatcd eligible, but they ore the only
taehers nominated who have decided
o stay In tho race.
Tho candidates are examined In a
friajor and a minor offering, and arc
jequlred to write a theme during the
txamlnatlon o,n a subject previously
Approved. Tho thirteen and their
I
DRSINGLEVAGANGY
1I1E PENNSYLVANIA RAILROAD COMPANY.
Gnoral Office. Broad Streot Station. Philadelphia. March 1st, 1912.
The Board of Llrectors submit herewith to the Stockholders of The Penn
sylvania Railroad Company a synopsis of their Annual Report for tho year
fill:
hpcratlng revenues, rail lines directly operated ;57,487, 112.70
operating expenses, i.ill lines directly opciated llS,2JS,ri.U3
Net operating reenue 544,259,019.67
putfeldc operations. Deficit 1,525. 201. M
J'otal net revenue.....
paxes ..
pperallng income
Itemais paiu iroaas opernteu on uasis or
Ket operating Income of The Pennsylvania Railroad Company
pther Income:
Dividends and Interest on securities owned $14,130,533.93
Hire of equipment, interest General Account and
other Items 2.775.SS0.10
Gross income
plxed charges
Ket ii
From this Net Int'nine Hinountp have
Appropriation to the Tni3t of October. 1S7S
I'crllon or principal ot I'Jiitilpmcnt 'rut-ts
Amount expended 'n revision of giades
' etc
Tush dividends ig-?i elating '! per ecnt
pceervc for Additions and Rettermentr
Balance transferred to credit of Prolit and Loss
CONDTNSEP GENERAL BALANCE SHEET.
Deceml-r 21it,
ASSETS.
property investment :
Road
Equipment .'
Pecurltlcs owned ,
Securities under lease of L".
N. .1. R. R. &
Miscellaneous Investments
Cash
Materials and supplies
Cash and securities In sinking, insurance
Cash and securities In Provident Funds
pther essets
LIAHILITIES.
Tapltal Stock
Pomcrtiblc bords tecetpts e hangoablo
Premium realized on Capital Stock Cr m Jammr 1M. 190 . . .
Funded Debt of The Pennsylvania Rallioad Company $lu,,9;W,370.O')
Funded Dbt of Companies whose properties l-ao
been acquired u T!io Pennsylvania italiroatl com'
Ian
puaranleed Stork Trus' CtrtltKatei, Phlladelnhln.
Wilmington and Baltimore RallroMd. and New York
Philadelphia and Norfolk Ruilroad Companies ... ,
iCquIpment Trust Obligation "
Mortgages and Ground Rents I'ajable
Set urltles received with the lease of 1".
Llabllln on aeiount of PioviiViu KuikK
,1UUII11 till .
Other l.lrhill
Additions to
lie reives froi
I.lrhilltl.s
property miko June .JOlh, 19H7.
from Income or Suiidus:
Invested In Sinking, Redemption anil
funds $33,817,773.12
Car Trust Principal diaiged out in advance, and
reserve for Additions anil Betterments i;,737,5DO. 13
profit and Loss
The number of tons of freight moved on thi
five, general divisions east of Pittsbuiqh und
Hrlo In 1911 was K5.173.06S. a decrease of
,8$3,;Su. or 3 61 per cent , the number of pas
sengers was 67,143,711, a decrease of ".53D.7I3,
or 3.6J pel cent.
The number of tons of freight moved on
the lines west of Pittsburgh was 13.743,SSI, a
flecrcatt" of 11,997.2(0. The number of passen
gers carried was 34,392,213, an Increase of
EfJJJI.
The operating revenue of all lines east and
nest of Plttsbutgh for the vear 1911 was
ISM. 351 S6S 56 operating expenses, $261 210.
277 87 and operating Income. $73,1(1 f.90 S9. a
decrease In operating revenue, compared
iwllh 1910, nf ) S63.630 41. )ind n decrease In
cpeigtlng income of $3.6.71 V.K) S6 Thcie weie
ill,184,&12 tonw of freight moved on the entile
system, being a deciease of 2. 030.40., tons,
nnd 168,723.921 passengers carried, nn Increase
of 6S0.0I6
GENERAL REMARKS.
It will be noted in the General Incoms
Account that while the revenue from pas
senger transportation shows an Increase uf
tt3t,139 53 over 1910, It being tho largest
In the Companj'a hlstorv. the gross revenues
of the railroad lines for tho jcar show a
k eduction of $.'.969 SS5 7b. clue principally to
A decrease merchandlHi freight revenue and a
icinall decrease In coil and coke revenue. The
tocieaee In gross revenues was partially
offie,t bj a saving of $1. VII, 233 13, or 138
)er cent, in operating txcenses so that tho
decreasti In the net operating revenuo for
the ear. compared with 1910. was $1,3S3.
630.n7 The transportation exixmses In
creased chiefly becauso the Increase,! wage
schedules were operative the entire vear. ns
'pgatnst only for about eight uionllw In 1910
Taxes, which have been continually In
creasing In the last few vears. show a fur
ther Incrcaso for the vear of $131 333 77. clue
principal to the taxes paid on the com
pleted New orl. Tunnel Extension
In rentals paid road operated on tho basis
of net revenue, the decrease Is duo princi
pally to the absorption bj the Pennsylvania
Railroad e'oniDJiiv of the Allegheny alle
Railway on Aoril 7lb. 1910. vhrn the pav
,ment of lis leasehold rental lonsequemly
ceased
Tho greater part of the decrease In fixed
eharces compared "-ith 1910. is clue to the
payment at mutuiit. in that eir of the
General Mortgage Ronds and Shoit Term
Notes referred to In the last annual report.
After meeting all liabilities. Including the
rieccEbary pavmenls to the Sinking Kunds,
Iho net Income for the j car was $37,318 351.05
The decrea-ic In Ihl3 Item of only $437,133 03,
compared with 1910, la due to tho saving re
F'llthiK f om the retirement of jour fixed
obligations, as explained In the preceding
paragraph which was effected through the
Usue of capital stock Out of the net
Incomo lemalnlnE. $719,736 It was contrlb
tiled to the Trust Fund of October. 1S7S.
and dividends of 6 jier cent were paid ng
Kre.atlng $25.930,857 25. leaving a balance of
til OI7.7J7 69. a decrease of $2,008.364 33. com
pared with 1910 Car Trust Principal pa -
lucntB OC w.uio.ski w, r.&traoiuiuui y i.x-
penditures of $2.25.SS7 23 were also made,
nnd $1,000.000 00 transtcrred to the Reserve
for Additions on I Ilettennents to provide
surh additions and betterments as In the
ludgni-nt of the management should not
li charged In Capital Account, and tho
remaining balance of Net Income. $1,704,
J97 40. was credited to Profit and I,oss
Thero w re charged against Profit and
l..ss Aicount advan' is to branch and af
filiated coinjians, as hereinafter slated.
themes nro officially announced to bo
an. follows:
Edna A. Clark, Business High, "Ar
thurian Legends."
1511a M. Morgan, Central High, "Ara
bian Learning."
Mien Golden. Central Hlh. "Somo
DlfllPiiltltM In tho Teaching of High
S-'lionl M'lthmwulcs, and Uvxt Thoy
Wnv Be Mot."
Allco Deal, McKlnl.iv Mntuial. . "TI19
"ointe of .MAthomiitlRs In it Technical
High School."
Kene Samson. Central High, "Tho
Sentiment tfunlln?) In Kretvh Lltcia
ttn -.
Noua HoegolBbiTKer. Central High.
"Thi rflsnlHc.UK'c In the Renaissance of
tho TrUtnn Storv l tho Nineteenth
Century.
Clans rlrlivvnitz. Kastorn High. "Strug
t;1( of thi Vi'inu-uliir Agnlnet the Clas
sical Langiia-;'!-' In German Education
Voil; Pilur to 1700."
Mulili' 'liuwci, 'iasteni High, "Ronmn
relict With Itnf.vinico to ho Snul and
'.Ifc After Diatli."
John Adams, M-'Klnlcv Mnnddl, "Pirn
lo,;r.iiihv.' 31rrcr S. NVwton. Western High, "Tin
1m of Crtf'iiii Dioxide a Preserv
ative for Mill-."
A A. Dilttlv Ccntial HU-h. "Tho
Plankton Crustacea of SeWago Lake."
.'ennto J. Mirtln, Central, "Tho Slt,"
nllirnut lllfltorv of an InMgnlPcant
H:-o,ini.-'
Otella Cromwell, nnsttuiic High,
"Ailrtlsoiu in I Or. .lornton pb 'Vrltors
of the Short Essay '
Offers Big Reward.
NEW YORK. Match 5. Mrs. Ralpn
Thomas, wife of n Wall street broker,
today offered a big reward for the re
turn ,of a diamond and emerald car
ring which sho lost between the Met
ropolitan Opera House and tho Hotel
Knickerbocker.
As soon as the gem was missed the
police were notified, and the taxi In
which she rode and tho sidewalk were
searched without success. Mrs. Thomas
was formerly Mrs. Frank Gould.
$42,733,517.71
U,82fi,0y.G3
$T5,907,7-1S IS
net rovenue)
1,517.111 48
)34,390.b.'!(i.70
17.2Ju,47'1 05
$31,tjl7,110.7.')
14,298,759.70
W7.31S.331.03
1cen Ocducted foi the following.
T31!).7.Vi.11
and alignment,
.. ..
3,070,853 00
2.:iVi,SS7 21
25.9V),K7 21
1,000,OCO.f)
$33,G13,3:.f3
j;,7O,9O7.10
1911.
$217,031,11318
1:,5,392,4J7.73
10J,l'C,5;3 7l
321.310,718 0J
2,E.Vl,6iA23
1.0l3.3OS.iyj
M,07i;,339i"3
14.ll50.j-tO.02
3.,.S84.334.13
h.2i9,4R. 3-(
3fi.233.52S 71
$Sb9,C43,Ofifi 78
C. Co.
and other lesene funds
for ftoik
$4J.-i,S7
r,i.S0,OJ
.710 to)
$!33,SvO,:ijO()
7,030.173 00
5(,31fi,500 00
1 t,S22,25i 00
2ii,737,S27.7
o',731,fiju 01
2i.:' SIS.nns 17
-,rK',9.w,r2i
.N.4fii. "'.
:"..1U!,S9 I'O
.'.-,9nS,13J.01
N J R R & (' Co. . ..
.
through income
other rcseive
4t,583,3'i3.57
27,C97.sa;.lC
58f.a,B13,0t 7S
The Hallroad Companies east of Pittsburgh
and Crle 111 which vour Company Is inter
ested show satisfactory results Detailed
statements of their operation will bo found
In their respective annual reports, as well as
in the full report of jour Coinpanj.
There were expended during the past car
for construction, equipment and real estate
on the Lines West of Pittsburgh S12.330.447M.
of which JS.X0I.DJ2 97 were charged to Capital
and $3,348 r.'( S7 to Surplus Income
T,he expenditure were prlnclpall) for new
ore clocks nt Cleveland, and the elevation of
tnukB In Fort Wavne. construction or new
vnrds at Jtonivln und additional main truck.!
on the Pittsburgh. Vnungslown and Ashta
bula Rallnnv. rrconil liack on the Pitts
burgh Cincinnati Chicago nnd f"t Iuis
Hallway and Vnndalla Hallroad.
which with adjustments made to eundrv
accounts, aggregated $1.331,03104, leaving
the bilance to the credit of Profit und
Loss on Dcceinber 31st. 1911. $.'7, !97,hOS 1
As foreshadowed In the report for the year
1910. an allotment of tn per centum of
capital stoqk. nt par, wa niado to stock
holder a of record May Sth. 1911, and was
fullv subscr.bcd for, realizing at par 141.
'61 600
The expenditures on load and equipment,
during the vcar, consisted of tho follow
ing Additional pio;erty for enlargement and
Improvement of the freight station facilities
at Notrlstown. Incaatcr, Ilairlsburg, and
I'n'ontown. and for the abolition of grade
crossings hereinafter mentioned.
Right of way for' small branch lines in
the bituminous coal rcclons
Awards under right of wav condemnation
pioececllngs on the Darby Creek Iow Grade
I.lno between Philadelphia and Paoll, and
purchase nf additional right of way be
tween Colonla and 'averl. New Jcrse.
Iho eastern section of tho relief line be
tween Morrlsvllle. Pa. vnd Newatk, N. J.
Considerable pi ogress was nutdc Jn the
icbuildliv "f the Cflrtlandt Stret Kcrrv.
New Vork Cltv. which will probably be
completed In 1912
The new foul -Iran, elevated line and pas-
j "l" ttlon at Ilristol. mentioned In the
last annual report, were completed and put
in service during tho vear. und all main
line giade crossings In that city wcro
thereby eliminated
The Newark Rapid Tianslt Line, de
scribed In the anhual report for 1910, which
provides a frequent multiple unit electric
servlcu to nnd from the Hudson Terminal,
Cortlandt and Church Streets. New York,
via Manhattan Transfer Station to Park
Place, Newark, New Jersey, was completed
ami placed In operation November 26lh,
1911
The eonstiuction of the eastern section of
the stx-lrnck sstem between Morrlsv ille,
l'enns.vlvuula, nnd Newark. New Jersey, was
undei taken hv beginning the construction of
two additional tracks adjoining the pres
ent four-track main line from Colonla to
Hay Wav, West of Elizabeth, including the
elevation of tho existing main line tracks
j lnrough aahwuv Tho extension of the six
track ostein tlunigh Elizabeth to Waver
I) including linn and station Improvements,
will bo carried forward when the necessary
municipal nulhorltv has loen obtained.
Crude crossings at Coatesv lle. Christiana,
Jcanette. Trafford. mid at I-rmbert Mreet.
Pittsburgh, were abolished by tho construc
tion of undergrade bildges.
A new freight irunsfrr station was con
structed duinic the ieai ul liarriiburg lor
VIRGINIA
SUBURBS
AT ODDS OVEHB ILLS
IN THE LEGISLATURE
Citizens of Over-the-River
Village
;es Hold Conflict
ing Views.
rtcsldent of Washington's Virginia
suburbs are at odds over a bill before
tho Virginia Legislature empowering
three Alexandria county supervisors to
act as a mayor and city council for the
villages of Clarendon, Fort Myer
Heights, Colonial Heights, Rosalyn, and
others. Tho Alexandria Court House
Citizens' Association has declared for
tho bill, tho Clarendon Citizens' Asso
ciation Is expected to dcclaro against It
at Its meeting next week, and similar
difference of opinion Is manifested in
other parts of the county.
Alignment on tho question varies
somewhat with the politics of the men
concerned. Tho Democrats are gener
ally in favor of the bill, and Republi
cans are mostly hostile. Clarendon As
sociation members assert that thoy de
sire to see ,tho more populous parts of
tho county Incorporate as one town and
let the rest of the county continue un
der ordinary county government.
Desire for change in government of
tho purpose of facilitating the movement n
tnerchandlec freight and IncreaBlng cnrluad
InR. Considerable cxtcnilons to the various tar
aliops and uddltlnns to the tools and niaOiln
cr wore made during the eai
The linprovcmcnti at Greensburg, including
a now passcngpr station and the ,-evUlon uf
grade nnd couipletlon of tho four-track njetem,
mentioned In th laat annual reporr, were
piacllcally completed during the vtar.
Tho change of grade and extension of the
track fucllllles In West Ilrownb-vllle Yard, to
reach the elevation of tho new double track
Monongahela Hlvcr bridge at that point, were
begun durlns the ear, and rimtractn have
been awarded for the construction of tho
bridge, to teplace the present single track
bridge.
The Northumberland Classltlcallon ni-d,
nlso mentioned In the last annual report.
Jointly owned by this Company and the
Jvorthern Central Hulhvay Compans, vvaw
rompleled during the year and placed In op
eration. The construction of a slxtten-span. double
tra(.k steel brldgo over lha West Hran'h of
the Susquehanna Hlver at Montgomery, to
replace the present single track bridge at
that point, vas authorized and begun dur
ing the year
'i'hn nggiegale expenditures made l,v tho
companj f0r construttlon and equipment dur
ing the eai on iim owned llnev and those
of the llurrisouig. Portsmouth, Mt Joy and
Lancaster Ilallroad Company and tirtted New
Jersey Hallroad and Canal Compan, oneiat
ed under long term leases, comprising lha
main line system between New Vorlt and
Pittsburgh (Including 10C9.S63 CI on account of
water trust certificates), vvcro M,3l,5;o C5.
This sum was disposed of o follows:
Charge to Jlcserve for
Additions and Itcller-
menls appropriated out
of Income of previous-
ers .. JI.TOO.'W.OO
Clmrgi-d to Income for
the jear 1SI1 . :.:63.S57.:3
Trovlded out of i:qulp- J6.W5.5ST.29
in e n t Depreciation
Ucs-crvo , ,, - j-c- ..
Charged to Capital Ac- '" I'i'-M,-,
couni.
Hrt 1 SS9 43S 17 '
Kqulpmcnt 3.6T1.456.DJ
H.iCO.SCd.l.'
Total
S14.31t,S:o 65
The chaige to Capital Account were
furthei Increa-ed $482,034 Si hv the absorp
tion of tho Illdswas and Cleaffleld Rail
road, inaklng tho total charges to that ac
count for tho ear. 16.043 Oil
I'nder tho Halance Hhcct prescribed bv
the interstate Commerce Commission, the
Road and equipment Acrnonr in i,,.i... ,
onl.v thes- capital charges, but also similar
expenditures mado out of Incomo since
June 30th. 1907. on the roads embraced In
the rjjlanrc sheet Therefore, of tho fore
going Sti,963 W 29. Income expenditures not
properly chaigeablr to capital accoant
$1 OIO.J.'J 03 on the line owned, and on the
llartlsburj Portsmouth. Alt Jo. and ln
caster Railroad c'oinian. lne been so In
eluded In the Road and Equipment Account
for the jpi lull hut the balance of $3 ..-
.-"i.2'i leasehold exiieudlturts for the I tilt-
ni -vv jersey itauroaci ana canal c om
pane, and $399 263(1 foi water supply Trut
Certificates nre accounts not dealt with In
the Balance Hhrtt of this Companj.
An offsetting liability appears on tho credit
tilde of the Halance Sheet, entitled "Addi
tions to Prop-jrtj since, June 30th, 1907.
through Income." in which Is carried not
onl the $3.040,229 03, but nlso the iiamcnts
through Income on account of Car Trust
Certificates amounting to $-1,070,833 00 for
111. and $037.64107 for previous cars, ag
gregating J 751.726 10
There Is also Included In tho General Bal
ance Sheet in the Cost of Equipment.
$1.79.',6S7 24, covering tho net expenditures
for equipment purchased during the jear
I'M. out of the Reserve for Accrued Depre
ciation of Equipment, established under the
regulations of the Interstate Commerce
Commission 1'roni tho total cost of equip
ment Is also deducted the Reserve for Ac
crued Depreciation of Equipment, $10,459.
S77 77, so that tho net hook value of the
equipment can ho ascertained
The acctiied depreciation can be reduced
only to the extent of the origin il coit of
nnv equipment retired but as the original
cost is noi sufficient to replace tho retired
equipment and provide foi the accrued de
preciation, the Company, in conformltv with
its established practice, will maintain the
standard and value of Us equipment, and
the amount which remained unapolled De
cember 31st. 1111, iz- $4.290.028 33, will be
spent for equipment ordered but not et
received
The Improvement of the Compan s pas
umppr fnrtlllies 111 the Cltv of Philadelphia,
the necesslt for which was explained In
the lat annual report, has been given most
careful consideration durln the ear. and
tho Hoard of Directors nave aDcnii conclud
ed that It should be accomplished bv In
creasing the trecks and platforms and en
larging the station facilities at Rroad Street
Station and North Philadelphia Station
Consideration is also being given to the
separation of through and local train traffic
at Hioad Street Station, and whether the
1 lectrlllcatlon of some of its suburban lines
would nor afford material relief at that ter
minal This decision will Iks announced
when tho studies now being made by the
experts have been conciuneo.
The pilncipal construction work on the
other lines In which this Comaany Is in
terested was as follows
On the Northern Central Hallwav In Bal
timore, tho construction or the new pause-niter
station nnd tho enlargement of facilities
und re-arrangement of tracks, wcro practi
cally all completed during the car an well
as the Orangevllle round house, which was
Mid for lotntly by the Philadelphia. Haiti-
mote ana w nnnmmi ,,.,... u.... ..... -.-
Nn-thern e'entral Railway Companies The
old round houss nt Ml Veinon Yaid was
abandoned and the service is now performed
at Orangevllle.
There Is praeltmlly no change to report
In tho status of the proposed leaso by this
Company of the railroad, propertv and fran
chises of tho Northern Central Railway
Company, which wan fullv explained In the
report fo- 1910 Th lease has been duly
authorize 1 by both companies and approved
bv the Public Service Commission of Mary
land, and. but for the impediment occa
sioned h impending litigation. Instl uted by
a small number of minority stockholders, in
the United States Circuit Courts for tho
Eastern District ot Pennsylvania and for tho
District of Maryland, respectively said lease
would have been promptly executed and de
livered Under its provisions the lease and
the rental iiajrnents became effective Janu
arv 1st 1911. and therefore when the lease
Is 'fully executod nnd delivered. It will ne
cessitate a tust and equitable accounting
between the lessor an! the lessee. In such
Hv order
.DERS TklAY
STOCKHOl.UICRSIAV OBTAIN
COMPLETE, HV APPLYING T.O OU ADDRESSING
LEWIS NEILSON, SECRETARY. I
BROAD STREE T STATION, PHILADELPHIA, PA.
.... ...l I. .ll nlntt UntUArWll bet-
OUIHU DUIl IO Mull IHHII ..,..--"-
causo residents of Uicbo suburbs nro
unauio now to get hiucwbikb. ,
street paving, and other similar im-
.tn.v.n(a nwlnM 1, 1 n ft tOTl If tflinD
of tlto communities concerned aro ot
largo size. , ...
Although these citizens' associations
differ on tho merits of tho bill refer
red to, there Is complato unanimity on
...... ..i.i ki.. nn'n unit In nntllir-
onlam to the bill In Congress requiring
special tuition ror scnooi cnuuicu wu.
At a meeting' of the Alexandria Court
House Citizens' Association, held last
evening at tho home of C. . Wad-
1IL T)n..alk.i lnHnrs from HnnrttfirS
Martin and Swanson ivere read
approved. These letters rirumiBeu umi
Virginia's Senators will use every effort
to defeat tho bill. , ,
Tho association elected now officers
os follows: President, Charles Jesse;
vice president, Mrs. .". J. ipwis; sec-retary-trcaBurer,
C. H. OrcathouBe.
Mine Owners Meet
To Study Demands
NEW YORK. Mar-h G - The owners
of tho ruat "intlu .flte dopoolts In
Pennsylvania, most of them presidents
of ceil canyln Mllioads, met bchlifl
larefullv cuaiiled doors hero today. On
their actlcn which will not be mudo nub
ile, until Match 14, deoonls whether It
Is to bo war ur iiimi' In the oal fields.
The macnuU'M "iij opocted to rejeet tho
ek mauds of the fulled Mine Workers in
tote. Am an tltui native. It itemed cei -tain
today, tlrev would offer a renewal
ot tho agreement, which will explro
March ."I Thin tho mlneis hac said In
convention, will timer be iicccptrd.
It "was planned when the magnates
met today to namo a committee to con
sider the demands of the union. This
committee. It was expected, would bo
headed by President George F. Baer,
of tho Philadelphia and Reading, and It
will tako up and answer every indi
vidual demand of tho miner"?
Local dealers expect a strike.
manner ns will" properly protect nnd pre
serve tho rights and Interesls of each party
in conformity with its terms and condl-
Expcndltuies have been made by tho Phil
adelphia, Haltlmore, nnd Washington Hall-
rnn.l tnr the extension Of the fOUT-track sys
tem at various points, nnd tho construction
of a car load delivery ard at New Jersey
Avenue, Washington, D. C
On the Delaware Hallroad. a new station
was constructed at Dover. Delaware, mid
the second track extended from Uroad
Creek to Laurel. . . , .
The Pennsylvania Tunnel nnd Terminal
nailroaa Cnmnanv has Issued Its certificate
of Indebtedness for $81,861 4:0 41. to this Com
pany In settlement for tho construction 01
tho New York Tunnel Extension and Sta
tion. Including $1,896,004 92 nuvanceu eu u'
Companv during tho ear 1911. for the com
r,i.tir, or iia mllroLil This certificate nnd
$13.0C0.C00. of Its full paid Capital Slock. nr
Included In the detailed i.isc m ""
owned by this Companj. and arc carried on
the Halance Sheet at vaimnum ii'
Iv of $57,461 419.44 and ft. The balance of Its
Capital Stock, namel, jiu.iw.ww. is ..."-.
bv tho Pennsylvania Compan I he resu'ts
of fundlriz this indebtedness is reiwti
the General Hnlance Sheet.
Tho Coinpan during the jear made further
advances, aggregating I4.SS1.000 00, to the
1jng Island Railroad Company foi tho inr
pioienient of Its railroad nnd facilities and
the construction of new lines cud equip
ment, und will receive In payment therefor
a four jer cent, ueueniuie m umi -
In pursuance of action rai.en av ii u...i,. .
meeting of-4h utockholders, the RIdgway and
Clearfield Hallroad. whose capital stock had
ben previously owned and Its road opcrnted
by this Company, was absorbed by and be
came part of The Penns lffanla Railroad on
IlfTecllv'e Muv 1st 1911 the Itedfoid and
Bridgeport Hallway Companv and the Hen
ford and Hollldaseburg Railroad Company
two branch lines of the stem. In central
Pennsylvania, were me'ged and now consti
tute the HolIldasburg, Bedford and lumber
land Hallroad Company.
On the Cambria and leardelil Hallwav. tho
construction of the Hear Hun Branch was
begun and It will be completed In 1912 The
Hurle Branch was completed dining the vear
and the telephone sftem for train dispatch
ing on Ihe Hellwood Division was alo placed
In operation This Company advanced $3.2.
CS8 22 to n.eet these and other constitution
expenditures which ihe Cambria and e lear
fleld Hallwav Companv e nulil not pa and
charged ihe amount against Profit ami Loss
Account ,
The work of Improving the grade and align
ment on the Western New York unci I'ennsjl
onla Rallwaj, mentioned In the last annual
report, was continued during ine vear 1
meet Its construction ami equipment expendi
tures for the vear advances aggregating
$888.790 81 were made bv tbl Cunpany to
the Western New York and Pennsylvania
Hallwav Companj which Is subsl intlallj
owned b and Is leased to thlw Cotnpanj . and
that Companv being unable to pav the sime
this amount was charged against the Profit
and I. 'i.c Account
1hi Compan ha. received n note for
J107 111 2, from the New York Connecting
Railroad Companv to cover advance made
to the tatter, during the jear. for construe
tlon and rlght-of-wnv expenditures
The New York Connecting Railroad ( om
pan the capital stock of which has been
owned for many year one-half each by tills
Company and the New York, New Haven nnd
Hartford Railroad Conipan) Is constructing
a railroad from a connection with the l,un?
Island RalUoad, neai the boundary Hie be
tween the Borough of HronklMi and ejueena,
New York Clt, through the latter Borough
to and over the East River and Randall's
nnd Ward's Islands, to a connection with fh
New York, New Haven and Hartford Hall
road near Port Morris. In the Borough of
Bronx, and also a connection from said main
line to the New York Tunnel Extension In
Sunns side Yard. Long Island City Contracts
havH been awarded for the iteel work for the
Last River Bridge, and Its viaducts and ap
proaches, on the north Into Bronx Borough,
nnd on the south Into tho Borough of Queens,
lxng Island.
Upon the completion of tho railroad, nnd
Ihe exercise of trackage right to he ob
tained from the Ixing Island Railroad Coin
pan between the said connection Htid Its
Bay Ridge teimlnals on New ork Harhoi
tho fielght traffic Interchanged between the
Pennlvana and New Haven Sv stems now
transported by floats between the Pennsl
vania teimlnals on the west sido of Ihe
Hudson River and the New Yn-k New
Haven nnd Hartford Railroad c'ompanv's
lines at port Morris n distance of about
14 ndles will be floated from GreenvRK, New
Jersey, to Hay Ridge. Ixing Island a dis
tance of about 3'j miles and thenca moved
by rail to Pert Morris The connection
with the Tunnel Extension will permit a
direct nil-rail
movement via the Pennsyl
vsnla Station
tlon. New Vork City, for the pas.
ifflc Interchanged hetvvecn the tvv'o
senjrer irainc iniercnanRen neivveen tlie tu'n
systems The New Yoilt Connecting route
will iiinterlalh increase Iho facilities for,
nnd expedite tho movement of the New
Ensland nnssenzer nnd freight traffic, nnd
will avoid congestion of tho New York
Terminals and Ilaibor, and the delays which
often arise In float service due to fog, lee,
tides, und the crowded conditions of the
Hudson and East Rivers.
About three ears will be required to con
struct the New York Connecting Railroad,
Including its East River Hi Idee und Via
ducts, nnd the cost theieof estimated at
about $15.000.COO, In addition to tho JS. 000,000
previously advanced in equal nmountn by
the two On nine Companies and represcnt-e-d
hv Its eanltal stevcl; and notes will i,o
provided for thrnusli an Issuo of Its se
curities The prim Ipal nnd interest ot
these securities v 111 bo truaranleed bv this
Compan and th" New Yo-k. New Haven
and Hartford Rutlioid Comuan, and tho
line operated pursuant to an agreement be
tween the two Companies, under which the
will participate In its profits, or meet its
deficits
The securities hold by the Company. De
cember Slst. 1911. at a valuation of J3.1 -H0.716
K. produced a direct Income duilng
the vear uf JM.4JO.r.D3 05
Uhder tho rov Islons of the Tension De
partment the follow lni; officers were re
tired -
t'has E Push. I'lrit Vice-President, on
Februan l!Slh 1911. after a service of flftv
tVvo years, the last eighteen as a Vlec
1'resldent. Theodoro N lily. Chief nf Metllvo
Power. Juno SOUi, 1911. after fortv-thre
ears' service, and Geo V Massey. General
Counsel. December 31st. 1911, after thlrt
flvo jcuis' service.
These Officers e-urry with them the best
wishes of tho Board and their associates,
that, after such faithful nnd able service,
so fullv appreciated by tho IJnard and bo
well known to the stoekholdeis thev may
enjoy for many ca.rs a well-earned lvlaxa
tlon fiom their arduous duties und respon
sibilities. of tho Hoard,
J AM US .Mcl'IlKA.
President
COPIKS OI TIIK ANNUA Ij KKI'OkT,
tiw&wm
Hours 8 a.
More Bags
mmmmmmmmvmmmmmm
I IVA I WcSrB. tffeotftmVfMv 1
mil iwv) mmmmmmnrnm m
A. LISNER
New Wash Dresses at 69c and $1.00
Also a
Let's begin with Baby's Short Dresses of
fine Nainsook, with dainty tucks and feather
stitching; well made. Carefully examine
these dresses and you will pronounce them
rarely good at 69c.
For little ones, 2 to 6 years, are Madras
and Percale Dresses, long waist style, with
set-in kimono sleeves, prettily trimmed. These
are only 69c.
For girls, 6 to 14 years of age, are Linene
and Gingham Dresses, look worth twice the
price asked St. 00.
For "Sweet
At Only $8.98
For "sweet sixteen" these While Bedford
Cord Dresses with Irish crochet collar and velvet
ribbon bows. Samples size 16 only.
At Only $2.00
Russian blouses, linens and imported rep. Some
embroidery trimmed, some with soutache braid,
.some with patent leather bflt. Poems in light
blue and tan. Size 16 onh.
The New Boys' Shop
I .
"Vmdex" Coat Shifts, $1
Guaranteed perfect satisfaction or your $1-returned
It fits as well' as a coat it makes the wearing of the close
fitting collar a pleasure. Such is our confidence in the 'Yindcx"
that should it not prove every way desirable, after wearing, give us
back the shut and we'll return
"Vindex" are here, of madias
style, with attached culls,
soft collar included,
Extra
25c Onyx Hose, 17c pair or
The
A. Lisner
m. to 6 p. m. G STREET
Arrive 75c to $5.00
Samples At Exactly Half Usual Prices
The Jewelry Department here has been reputation building
for years ever since the advent of Silver MeshBags the Palais Royal
has enjoyed the reputation of headquarters.
It began with the inception of the'vogue when others were show
ing a few as a test the entire "line" was found here. It has not been
difficult to keep ahead with the start made right, both the manufac
turers and the consumers ntow call upon the Palais Royal.
Tomorrow's offering will be Samples of German Silver Bags
made exactly as are the Sterling Silver. Strange, but true, this Ger
man Silver will not tarnish as quickly as Sterling Silver. Nominal
prices for these Samples 75c to $5.00.
Few Middy Blouses at
Sixteen" - - The New Wash Dresses
First With a Complete Nfew Stock
Wash Suits "Russian"' and Sailor, for the boys, 2 to. 10
years; Norfolk for the boys 7 to 16 years. Russian is surely
Russian and Norfolk is surely English these by Frenchmen
who have made these new suits ideal. The new hats and all
"furnishings" are also to be found in this Boys' Shop on Sec
ond Floor.
"Veribcst" Stockings Only 15c Pair
Very much the best at the price as good as many sold at
25c pair. ' eribest" are sturdy ribbed stockings, in black and
tan; sizes 6 to 10, at only 15c pair.
J.
J
your dollar. The spring styles of ?1
and percale, pleated and neglige coat
The St. 35 Pongee VVindex," with
Palais Roya
safssBSMsssssrrxski
CK3
98c
Not the glnBHn handed you
haphazard by a drnp; clerk hut
fitted nnd guaranteed by an ex
pert optometrist. Dr. Bnintiel
commemorates Ills second year
here with special prices for
all ee glasses nnd spectacles.
Mezzanine lialcony, first floor.
Only 69c
a.
J$$mfo
.r x. jVyis-. msr j .v-tt-J.r' wt
At $3.50 to $5.98
For girls of 15 to 19 years are Hand-embroidered
Pure Linen Dresses that have only to be
seen. They have to be seen word pictures
would fail. N -
At $7.50 to $25.00
'I lie imported models used by our American
maker. s7.5o to $25.00 are less' than the cost to
import. lxclu;ie snles only one of a kind.
Take elevator to third floor.
SLLV V, (SSSSSXSB
ft a I jF fo Ay VSbssl
3 pairs for 50c
G Street
i
M