PHILADELPHIA AND READING RAILROAD. Managers (elected January 13, 1868).—Charles E. Smith, H. Pratt McKean, A. E. Borie, R. B. Cabeen, J. B. Lippincott, John Ashhurst, and Stephen Colwell. PRINCIPAL OFFICE AND ADDRESS. No. 227 South Fourth Street, Philadelphia, Pa. 93 miles. Line of Road.-Philadelphia, Pa., to Reading, Pa.... 147 Total length of route (main and branch lines).. Including second track, branches, sidings, &c., the equivalent single track is 418.10 miles. The following railroads are leased and operated in connection with the lines owned by the Company: The total length of road (equivalent single track) being operated by the Company at the close (November 30) of each of the last seven years, is shown in the following statement; Wrought Iron Welded Tubes for Steam, Gas & Water STEAM AND GAS FITTINGS, Lapwelded American Charcoal Iron Boiler Flues, Lapwelded Cast steel Boiler Flues, Gas and Steam Fitters' Tools, COAL GAS WORKS, HEATING APPARATUS, EITHER STEAM OR HOT WATER, VENTILATING APPARATUS, ARTESIAN WELL WORK, And a variety of other work, adapted for Steam, Gas, Water, and other purposes. WAREROOMS AND OFFICES:: No. 209 South Third Street, Philadelphia. WM. SELLERS & CO., No. 1600 Hamilton Street, Philadelphia, TOOLS. SHAFTING, with Ball and Socket Bearings, and Double Cone Vice-Couplings, admitting of the easiest possible adjustment. A complete assortment of PULLEY and WHEEL PATTERNS, from which Castings or Finished Work will be furnished. RAILWAY EQUIPMENTS, SOLE MANUFACTURERS AND LICENSEES OF Giffard's Injector for Feeding Boilers. WILLIAM SELLERS, JOHN SELLERS, JR. The sums paid annually for rents of these roads are included in operating expenses, under the general head of "rents and ground-rents." These amounted, in 1860-61, to $53,759; in 1861-62, to $107,828; in 1862-63, to $277,306; in 1863-64, to $627,659; in 1864-65, to $623,252; in 1865-66, to $615,337; and in 1866-67, to $563,895. Rolling Stock.-Locomotives (1st class, 201; 2d class, 25; 3d class, 5; and 4th class, 4), 235. Also (1st class, 23; 2d class, 9; and 4th class, 1) 33, in use on Mine Hill Railroad.-Total, 268. Passenger Train Cars-(8-wheel): passenger, 79; baggage, 20; and mail and express, 11.-Total, 110 (= 4-wheel, 220). Freight Train Cars-(8-wheel): box, 381; cattle, 38; platform, 647; and lime, 20; and (4-wheel): box, 109; cattle, 2; platform, 41; sand and ore, 10; and lime, 130. Also 1 16-wheel platform gun car.-Total, 1,379 (=4-wheel, 2,468). Coal Train Cars-(8-wheel); iron, 3, and wooden, 4,081; and (4-wheel): iron, 2,834, and wooden, 2,114.-Total, 9,032 (=4-wheel, 13,116). Mine Hill RR. Cars (not included above)-All sorts, 71 (= 4-wheel, 72). Roadway Department Cars-All sorts, 310 (=4-wheel, 370). Total of all cars, reduced to 4-wheel cars. 16,356. The number of locomotives and cars (=4-wheel) in use at the close (November 30) of each of the last seven years, was as follows: Operations (year ending November 30, 1867).-In the following statements the business of the road and the results of operations for the year 1867, and the six previous years, are summed up: Tons (2,000 lbs.) hauled one mile (including weight of cars)........997,152,429. Average weight of loaded coal trains, 779.9, and empty, 266.6 tons, and of passenger trains, 76.2 tons. The total mileage of engines was-in 1861, 1,695,927; in 1862, 2,088,166; in 1863, 2,721,689; in 1864, 3,328,229; in 1865, 3,688,309; in 1866, 4,261,336; and in 1867, 4,356,385 miles. Passenger earnings.. Gross earnings... Expenses, rents, &c... $338,905 $403,564 $566,520 $909,882 $1,065,847 $1,026,217 $1,005,646 953,776 1,165,277 1,421,539 1,525.557 7,203,775 8,627,292 8,245,696 6,404,879 23,496 28,871 27,719 33,085 178,411 255,232 181,647 157,334 $2,905,838 $3,911,830 $6,252,902 $9,269,340 $11.142,519 $10,902,818 $9,106,497 1,282,134 1,536,583 2,546,002 4,584,848 5,905,864 6,221,500 5,767,858 Earnings, less expenses... $1,623,704 $2,375,247 $3,706,900 $4,684,492 $5,236,655 $4,681,318 $3,338,638 From this must be deducted the following, viz.: Total payments.... Balance of earnings.. $1,141,159 $1,454,635 $2,378,336 $3,293,179 $2,604,089 $2,151,731 $1,298,877 $482,545 $920,612 $1,328,564 $1,391,313 $2,632,566 $2,529,587 $2,039,761 The "Reserved Fund," made up from net earnings and other revenues, and liable for dividends, drawbacks, &c., is epitomized in the following statement: Sinking fund stock in lieu of bonds canceled... Schuylkill Nav. Co.; bal'ce of accounts, rents, &c.. Profit on boats, &c., &c.... Old debts paid....... Total revenues.. $889,368: $1,701,354 $2,319,520 $3,666,572' $3,333,965 $6,605,968 $5,396,071 |